Post
Topic
Board Altcoin Discussion
Re: Is investment a necessity or a want?
by
Tmoonz
on 20/03/2024, 12:20:55 UTC
It is am obvious fact there are a lot of coins coming in to the market and Bitcoin halving is so close and alot of people are also diving in to the  market, but some thing actually triggered me creating this thread which is where I got the attention from, some one very close to me has been prioritizing coins involvement other than his health care. What are your option on this?

Health is wealth and Investment should not be done at the cost of health. If a person has the money and a medical condition; the priority should be given to health. If your friend is buying coins with the money he should spend on his health, he is making a big mistake because you never know when the health will deteriorate to the extent that it will not be recoverable. If I were in his place, I would have spent the money on my health because altcoin investment can wait.
I have seen many forum colleagues warning against the investment in altcoins because they are very risky. So, it is better to listen to experienced individuals and refrain from investing in altcoins.

Am in a big shock when some person's could not differentiate want and necessity, in as much as how risky investing in Altcoins may seen to be the truth is that it is not completely bad thou the risk is very high and that requires a high level individual tolerance Incase things goes the wrong way. However that is why it is more reasonable enough to only invest the amount that you can afford to loss, alot has gained from it and also a lot has loss too. But the truth is if you make a priority you will definitely invest more than what you can't afford to loss. Hence taking of one basic needs is very important first before investment.