Quote from: JoyMarsha on December 08, 2023, 10:03:19 PM

Quote from: summonerrk on December 06, 2023, 08:31:36 PM

I always feel sorry for those people who invest in Bitcoin, doing it well and at a low price. But then they are forced to sell Bitcoin because there is no money. Although they would not have sold it in any other case.

For someone who has a long-term investment plan in bitcoin, and doesn't have another side hustle that pays them daily or monthly will be the one to sell their bitcoin at a loss price because they need money to solve a problem. But for Someone who has a long-term investment plan in bitcoin and a side hustle that pays them, will not be forced to sell their bitcoin at a loss price, compared with the individual who doesn't have a job or side hustle.

It is appalling that some investors are no longer investing in bitcoin with the money they can't afford to lose. They are not investing money for their needs just because they heard of the bull run is coming and they forget to save up some for the rainy days when problems come

Yeah that's true, the bull market Normally triggers alot of things because of the high hopes of possible return in which investors feel they can gather during this period. But investing with huge money and not calculating for the rainy is actually a very bad idea as you would end up tempering with your coins as their was no proper planning or back up with your investment. In investment starting big isn't always the best idea but investing amount which you can afford to lose that won't affect you is probably the best way to go about it because that way your investment survive any emergency as you will also have other funds to tackle real life problem and not be tempted to touch your investment funds.