Quote from: Pablo-wood on October 21, 2023, 05:41:12 PM

Some will want to mention patience which I will agree to but in situations where the money is needed to meet an emergency need how to you tackle such situations. Your formula might be a saving approach.

It’s that patience pays a lot, and if there is patience in everything we do, we will get what we want at the end of the day. So one of the reasons why they advise people to use the money they will need in a very short period is because of this emergency that you are talking about. If you know you don’t have much money, you will invest some percentage in bitcoin and keep the rest for your needs. because after the investment you may need money and you have already invested the only money you have, which you will definitely go back to your investments and sell what you have accumulated. You may even lose if the market is not the same as you invested, so it’s two things here: invest the amount you can afford to lose and then don’t invest your last card; you need it for other things too.

Quote from: ajiz138 on October 23, 2023, 07:35:16 PM

By increasing your investment capital, you must be able to find other sources of income not only relying on monthly salaries then it will not be enough, with patience alone is actually not enough you must be able to find ways to increase your investment with the capital inputted.

You have a point here, mate. It is not advisable to have only one source of income and think of increasing your capital in bitcoin investment when you are working. You also need to save some money in case of any emergency. However, only one source of income will not be enough. The reason is that when someone will meet up his family's needs and people around him like his friends and others, then thinking of increasing your capital is wrong. While investing, we should think twice so that we don’t come and suffer the fact that not everyone wants to touch what they have already invested, so investing small is also no bad. You can leave it there for a long time.