Quote from: jaberwock on Today at 01:05:54 PM

Quote from: BITCOIN4X on September 12, 2024, 07:31:21 PM

Quote from: bangjoe on September 12, 2024, 06:46:03 PM

I don't think it's necessary to have a high financial education about this, that's too much in my opinion and also we don't know what you mean by high financial education?

I'm not sure the perception that is made is a higher education of a finance in investing in bitcoin, and I see that it is a basic knowledge in investing in bitcoin, it's just that we need to understand how the bitcoin cycle and look for moments to benefit from it.

Financial education may include how you manage your money and how you use it to invest. A strategic approach to investing may not be one of them, but the right strategy can increase your chances of getting good returns on investments. I agree that some people don't need to have a high level of financial education to understand cycles, but the way you manage capital may be different from those who are educated.

Sufficient experience in the industry can allow one to earn returns worth it with the risks they consider. Even though they are not academically educated, their experience and mentality as investors may be better than users with an academic educational background.

I feel like arranging a certain part of your income for savings is the most important part and a lot of people are missing it unfortunately. I believe that the best thing to do right now would be making sure that we are dealing with something much bigger, so that we can profit from it. I understand that it may not happen quickly, but it could happen anyway.

I always say that put 10% of your salary aside, into bitcoin and keep doing that for 10+ years and you will be able to retire easily. Unfortunately even I do not do it, even though I say everyone should do it, I fail to do it, because there are moments in life when you have debt to pay and urgent money needs so sometimes you just sell, I am not happy about it and I want to be able to do it but it doesn't happen and I lost so much money because of it but it's life and there is nothing I can do to prevent it. I think the best way would be just making sure that we deal with something that takes a bit of time.

10% allocation into your salary will really be just that too much i would say but of course it would really be just that depending on you whether you do able to afford on having that kind of deduction on monthly basis
as long you could be able to buy Bitcoin out from that deduction.There would really be no problem as long you are really that investing on what you can afford to lose then it would be just that fine. We should really be that making up that kind of treatment on which investing on Bitcoin doesnt give out that 100% guarantee of success but at least you do really know that you are really that dealing up with the right coin.
Always bare up in mind that when it comes into this situation then profit making will might really be that taking up a long time, on which it is really just that right that you shouldnt really be hurrying up yourself when it comes to that.

It is really that always important that you arent that making yourself be in a rush because on the time or moment that you do find yourself having that kind of expectations then this is also the reason on why
certain investors or individuals will really be doing some decisions which it turns out to be that not that good.Buying or selling Bitcoin will really be that depending or basing up into someones decisions
on which as long it would really be giving out that kind of positive or benefits then it is really that recommended on doing so.