Quote from: adultcrypto on Today at 03:50:33 PM

Quote from: JayJuanGee on Today at 03:27:41 PM

Quote from: Gormicsta on Today at 06:44:16 AM

Some people might feel comfortable making decisions that concern their investment on their own and without involving any third party, but I Believe it's really important to consult a financial advisor who can help them weigh the different options and make a decision that's right for them. Because most investors don't even know what decision would impact their goals, some are following a strategy simply because others are doing the same thing. This is why it would be really helpful to seek the services of a financial advisor so one can start making the right decision towards choosing the right approach.

I doubt that a financial advisor is going to be helpful for most people who are able to interact with a forum like this, unless they are just wanting to get sold on inferior ideas and inferior products, and sure there might be some financial advisors who will be ready, wiling and able to provide accurate advice that includes BTC accumulation and maintenance strategies, but a lot of them are likely wanting to get their clients into products that justify their fees.. .. and don't get me wrong, I am not against knowledge and/or brainstorming with folks.. but I would think that there are likely better ways to spend time, even though surely many people are busy with their own lives too.. so they might end up not spending enough time in regards to some kinds of knowledge that should be fairly easily within their grasp.. and sure consult with a financial advisor, but also consider preparing for any such consultations in order to really be able to engage in critical thinking during any such consultation rather than getting sold some good, products or even advise against bitcoin and into shitcoins that may well not be financially good for you.

You are right! The quality of information in this forum can hardly be gotten from any financial advisor. Just that many people have not really been paying attention or take what we have here seriously. I know the transformation that has happened to me ever since I became active here. My spending habits have also changed as I now thinking more of saving, and have been able to identify what is important and what I do not really need even though I have been wasting money on them in the past. The concept of emergency fund is also one great thing I never considered in taking my investment decisions because I never really knew about it. As simple as it may sound, emergency fund is like additional security on the investment because without it, the investment can be terminated any time. There are many things I have learnt in this forum that I will not be able to narrate. I should be among those that consder themselves fortunate to be in this forum.

So do I, honestly speaking I have never heard any advise that's quality compared to the informations I am getting here, because now the more saving rather than spending.
Just like the topic, which says what it says, one can not hold Bitcoin if he's not ready for holding. Holding is saving if one can not save he can not also holding Bitcoin.
However, saving fiat is more easier than saving Bitcoin because some fiat currency will not add any interest and that will make many people not to spend their fiat currency as they will not want to lose all of them.
But when one is saving in Bitcoin and profits starts coming, he/she will want to sell little because he will be thinking that more profit will come, which is not so. And I also think that's why the Op created the thread and put the topic this way. There are many who's finding it very difficult to hold Bitcoin because ones small profits comes in they will sell, especially those who's invested with lum sum instead of DCA method, as they invest big they also sell big.