Quote from: Hewlet on Today at 06:50:53 PM

Quote from: OddJobsForBitcoin on December 30, 2023, 04:38:50 PM

To be honest, I don't really own bitcoins because I do not HODL. I always see myself selling my coins due to one issue or another, possibly because I really cannot afford to live my dream of holing until Bitcoin makes me rich.

In practice, I barely earn more than $3000 from my job, my wife's mortgage, and other demands waiting to snap up the money. Sometimes I sell in a bull market, and other times I sell in a bear market. Would you say that holding BTC isn't for everyone? Am I not too broke to depend on Bitcoin for financial freedom? Yeah, I'm working for my financial independence, but Bitcoin has remained a peripheral component of that plan. Only if I can HODL for a few years.

Do you comfortably HODL? 300% is quite a lot. 1000% for me is a dream.

you are not alone in this. Their are times you would not be able to hold you Bitcoin even when you intend accumulating it from the signature campaign you see participating in. Their as some people that before payday, they are already waiting to sell off their little fraction of Bitcoin and would hardly hodl it more than 3days in their wallet. This is one if the main reason we are not to invest an amount that we are comfortable with.

For someone that earns $3000, that's a nice amount of money if it's coming in on monthly basis and you can choose to invest even 40% of it and still remain financially comfortable.

The idea is that no matter how small, it's still wiser not to eat with the whole hands, at least have some things in reserve for yourself in the future, you can only achieve something like this when you're making some level of savings, reducing the total average cost of your daily expenses, manage up yourself and cut cost to be able to meet up with doing other things, you can't expect things to last long for life, they are just meant to be enjoyed while they last.