Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Road to 100k?
by
Jewan420
on 23/10/2024, 07:16:09 UTC
⭐ Merited by Olatundespo (2) ,JayJuanGee (1)
In fact, I quoted you in the context of some investors giving more importance to Bitcoin investment than real assets due to emotions and trying to understand the tendency of building a Bitcoin stash through investment and channeling our investment down the road if a part of the discretionary income is invested so that there is a balance with real assets and investors can decide to invest the amount they can afford to lose. We prefer to assume that the price of Bitcoin will increase a lot and should make realistic investment decisions without devaluing our real assets in that price trend.

If we have a decent-sized Bitcoin pile, at that time we must have a place to invest in Bitcoin from the excess assets that we can get a touch more holding in a short time and in multiple cycles. Here it is possible to ensure the proper use of each bearish period with a gradual increase in the amount of backup funds.

Yes there are many investors who get too emotional about investing and underestimate the real assets. Especially inexperienced and novice investors. I think the investment should have a balance of real assets or the amount of cash flow should be greater than the amount of money invested. You can use this cash flow as a back up fund. Back-up funds generally act as protection of investments or are considered to be protection of investments. Having back up funds is a prerequisite to sustain the investment for a long period of time.

We often get too pragmatic while investing, and don't plan for the future at all. Proper planning is essential to make an investment successful. Even that plan should be from the beginning to the end of the investment. Every investor should consider having a back-up fund and it is better if this back-up fund is more than the amount invested. Because you can divide this back up fund into several parts and prepare different funds for different periods. Be it a reserve fund or an emergency fund, you prepare the funds depending on your needs. But I consider the emergency fund a must. An investor should always be prepared for the unexpected.