Ninjastic
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Re: Buy the DIP, and HODL!
by
SmartGold01
on 17/11/2023, 21:28:28 UTC
⭐ Merited by JayJuanGee (1)
Quote from: Lidger on Today at 04:45:56 PM
Quote from: salad daging on Today at 03:56:01 PM
Quote from: SmartGold01 on November 16, 2023, 07:03:39 PM
Snip
It can be said that when they have other sources of income, at least expenses will be balanced between investments and your needs during the month because there is no more severe strain because they have adjusted from other income.

Yes, it is better to increase income opportunities first rather than investing directly with mediocre money, then it will not be in line and end up breaking up halfway because the money used is not sufficient for investment anymore, while by increasing income sources we can more freely set up investment plans and emergency funds, there is no greater tension because income has been increased so it is more sufficient to start investing.


I have a plan now that I will never waste the money I take from him but I will invest a part of that money in Bitcoin and keep that investment for a long time. After investing in Bitcoin for a long time I have a dream that one day I will hand over a huge amount to my father and tell him that I did not spend your money in the wrong place at all.
There is something I am not getting correctly here although not that I am trying to deviate from the right topic rather but only trying to call your attention towards your post here. You said you take money from your father, did you directly inform him that those money are for investment or your upkeep. Because if you wanna returned the money to your father it's assumed that it was the money he gave you for investment and not your upkeep or even though you have to surprise him it should be at least he has pre-knowledge where the money is entering to enable him increase the investment plan.

Maybe you regularly takes 50$ per week or months as the case maybe, if he has the good knowledge of bitcoin he would release a higher amount other than the aforementioned amount so I will advise you to also inculcate your father at least to also have the light from bitcoin instead of focusing on his farm business and government work which I know the world is revolutionizing where we do not longer sale farm products locally but through digital means.