Post
Topic
Board Economics
Re: Surviving in this economy needs a new minds set
by
Promocodeudo
on 15/07/2024, 07:55:53 UTC

Investing in crypto currencies like Bitcoin is not a bad idea at all

Investing in crypto currencies like Bitcoin is not a bad idea actually, but one thing I'll like to highlight here is someone can not just wake up overnight and say he or she wants to start investing in crypto currencies without  having the basic knowledge of the crypto space.To invest in crypto one should be ready to have an open mind and devoted to learning everything about the crypto space.
 
And again If you check closely, the bad economy we are all complaining about tends to have less or no effect on those with hand work.  One advice I'll like to give is no matter the economy pressure do not spend more than you earn.



Yea I agree with this, investing in Bitcoin is plan because without good investment planning an investor won't remain in the investment for a longtime, most people that say let me try just end up half way and thats not the best option for an investor, although we must not have everything or be contented before we can invest in Bitcoin but atleast we are to have what we can continuously sustain without any form of dicointinuation along the line, in the aspect of learning, you must not learn everything from the starting point but as time goes on you will learn, at the early stage what everyone need is the basic knowledge which how to buy, the techniques to apply to continue buying and ways to enhances you to hold for long-term, Bitcoin investment requires an investor to learn the market so that once fluntuations and volatility comes to play such investor wont see panicking as an option.
I love what you said in the aspect of individuals not spending more than their income, for me I think it will be economically wise for anyone to spend within the confined of their incomes to avoid incurring debts, no matter how the present days realities are, we shouldnt allow it to influence us to doing what will affect negatively.