Post
Topic
Board Bitcoin Discussion
Re: My personal savings now I will invest in Bitcoin
by
ancafe
on 13/07/2023, 16:14:24 UTC
Like you said your savings is what you wanted to invest in Bitcoin but my question is if you have another source of income from these savings because you can't invest all your savings without having a stream of another income, if yes you can happily and rejoicingly invest your money waiting for your investment to grow.
Investing all the money we have in crypto will prevent people from meeting their needs and it is better if the portion of the investment must be adjusted to daily needs and other needs, so that our finances can be balanced and not burdened when all the money we have is all transferred to investment because We never know when our urgent needs are needed at a certain moment. I personally put 35% of my money in investments, 45% for living needs, be it usual for health and children's education and another 20% for savings. In my opinion, the portion of money cannot be completely placed in one channel and indeed there must be a separate portion that must be separated according to needs.

Because if we put all the money we have in investments then how can we possibly offset our daily needs for the process of our life's journey. Investment is indeed very important to push us to reach the stage of financial freedom and investment accuracy must also be patterned correctly and precisely because everyone needs a strategy in running it.