Ninjastic
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Re: Buy Buy Buy or Sell Sell Sell?
by
asarfiar
on 20/10/2024, 11:06:03 UTC
Quote from: Dailyscript on October 17, 2024, 03:02:15 PM
Quote from: Mayor of ogba on October 16, 2024, 12:20:29 PM
Quote from: Pi-network314159 on October 13, 2024, 10:57:01 AM
If this proces is reapeted using $100 in replacement of $10 weekly as regard to fuck you status, the approximately $2500 will be $25000. Now obviously your success depends on your level of accumulation. Meaning the profit increase has not been added yet, if the profit should be added, it could amount to a Total of $30k or $35k
As far as bitcoin investment is concerned, every investor should invest in bitcoin according to how much their discretionary funds can allow them to invest in bitcoin. Even though we are investing in bitcoin, we ought to go on vacation, enjoy life, and learn about other people's way of life. Investors should not invest in bitcoin in a way that they will find it difficult to solve their daily expenses. If $10 is what he can afford to invest in bitcoin every week, encourage him to do better and don't condemn his effort in trying to be among those people who will hold bitcoin, and remember the goal of every investor accumulating bitcoin for long-term is to accumulate the quantity of bitcoin they want to hold no matter how many years it takes them to achieve it. As time goes on, he can work on his income so that there will be a good income flow at the end of every week or month, which will allow him to increase his weekly bitcoin accumulation money.
You're absolutely right here. All hands are not the same. At every point in time, it is necessary to understand how much our discretionary funds are after we receive our salary or get paid before investing. And only investors who calculate this properly can be able to. Some investor dont know what their discretionary income is till today. Apart from Bitcoin knowledge, they lack the level of education that affects them. And yes, Bitcoin is both for the literate and illiterate. As long as they know Bitcoin investment an investor must find a way, either by help from others to calculate his discretionary funds before investing.
Since Bitcoin investment is a long-term investment, discretion plays a very important role. In the past we have seen a lot in the society after getting salary we spend the salary money on various activities which can not play any role in future investment. It can be seen in many cases, after the end of the salary money at the end of the month, one has to borrow from others. Actually the reason behind this is our lack of discretionary thinking, we need to understand what our income is and how much money we can save for future investment at the end of the month. Anyone educated or illiterate can invest in Bitcoin if he can develop his rational thinking.
As an example, suppose a person earns $40 per week and spends $30 on other expenses and the remaining $10 on Bitcoin investment. That totals up to about $120 at the end of the month on a $40 investment.