Post
Topic
Board Trading Discussion
Re: Do you still advised more buy and store?
by
bitzizzix
on 19/11/2023, 15:06:15 UTC
I was thinking new kind of plan to buy bitcoin every month from my salary immediately my company paids me but I still have other responsibilities to carry with family so am skeptical about it especially now that the price has no direction. If can afford storing every month in a long run I may realizes half of bitcoin unit and that's a big achievement to buy but to you is funny because you have enough of it. So advise me on what to do! Should I hold on because of the instabilities in price? Or I should buy and store? Over to you
You have a better plan for Bitcoin than not having any plan for Bitcoin, because Bitcoin is the best choice for us to have and to help our finances and also for a much better future.
And my advice, in your situation, because you have to help the family financially or whatever. It's best to prioritize your family, your important needs and other needs for one month after getting a salary from your job. And with all that, you can learn and help manage your finances well because it's part of investing, you can also save on expenses and limit what is important and what is not important for you to buy. Apart from your needs, your family, and also for investment.
Invest within your means once you have prioritized what is important, and if you have extra money, whatever the amount, you can buy Bitcoin or you can set a benchmark to invest 20% to 10% in Bitcoin every month. And if you want, you should look for additional income or a side job to help your finances so that you can do everything well because it looks like you are still young and can still do this. Because that's the only thing that can help you, so you can meet your needs, your family, and also invest. For now you can do it according to your abilities and if there is an opportunity or desire you should have additional income, and this is all to help your finances and also your future and also invest in Bitcoin for the long term.