Post
Topic
Board Speculation
Re: Road to 100k?
by
sotelorene
on 10/09/2024, 08:17:30 UTC
Yeah in other to secure one's Bitcoin one needs to have a backup funds without a strong backup funds it will be very difficult to become successful in Bitcoin investment because challenges must come as time goes on and you need to have backup funds to prevent you dipping hands into your Bitcoin, we know that backup funds are not a sure security to one's Bitcoin investment because one may face some challenge or problem that will eat up all your backup funds and still lead you to dip hands into your Bitcoin just to solve that problem however we are not praying for such situations that will eat up all our backup funds and as such one needs a backup funds because it will be of a great help in securing your Bitcoin, when you face a problem that will lead you to dip hands into your Bitcoin after eating up your backup funds it won't cause you to finish all of your Bitcoin because your backup funds has already solved part of it already so be as it is backups funds are still very important in our Bitcoin investment.
It’s kinda complicated with what you wrote involving bitcoin investment and challenges , no one should view bitcoin investment as a helping hand in times of stranded situation. Even if you made mentioned of back up funds also and no one can predict any situation we face in life so it’s right we always make room for alternative plans, honestly speaking challenges that will cost an investor his/her bitcoin investment is so rare expect the investor never made use of the disposable income when investing rather the investor went ahead to buy and buy without planning, secondly using the backup funds for personal reason without filling back is wrong and it can cost an investor his investment.


Exactly, that's where most persons get it wrong. It shouldn't just be about investing and holding for long period of time but rather it should be investing wisely and smartly because investor who invest wisely and... Find it difficult or hard to encounter any challenge I mean there will be little or no challenge at all but investor who is so concerned about investing sometimes may over invest and when the market start depreciating they began to panic even when they are responsible for their..., In summary we should try as much as possible to be investing wisely and smartly because there will be alot of advantage.