Quote from: Salahmu on May 02, 2025, 08:48:07 PM

Quote from: Dunamisx on May 02, 2025, 05:34:44 PM

The remaining money left can instead be in bitcoin and not necessarily as an investment, because we may need to use it anytime and that will not be a disappointment on us selling at unprepared time, i know bitcoin to be of a profitable asset and there is much possibility of making more profits if we have our assets, investments or any money for upkeep in bitcoin, because we are having control in it and are in full custody of what belongs to us, not only this, we still stand a chances of earning more as the market provides volatility and by this we can earn when it rises.

If I'm to be you I will not do that because you could be using your hand to create a lost for yourself, if you don't want to use the money for Bitcoin then don't send it on your Bitcoin investment, you can choose another form to save but exclude it because a habit can be develop this way were you will began to withdraw more than the money you saved on the Bitcoin and that's how the emptiness of the account will come, and also apart from this the reduction of money if it did not affect the main investment is also high, so would you rather save to withdraw complete money or saving were you will only recover half.

Bitcoin is not a local Bank where you should play around with every little fund in your possession if not you end up in huge loss. Back up funds and emergency funds are to be unarguably left in cash or in a very accessible bank or the likes of credit card. Everyone knows that investing all your money including the backup funds could probably bring youore fortune but have you also considered what could happen when you have an unforeseen circumstances? You don't save backup funds and emergency funds because you are praying for misfortunes but because life is not a bed of roses, no one chooses everything that happens to him.
Dreaming about playing smart to invest all your money in bitcoin and/or make your daily expenses from bitcoin wallet either buy selling daily or frequently would leave you with no coin in a very near future. Almost every Newbie who is newly understanding the potentials in bitcoin investment would always think like this when greed sets in, making him feel he started late and wanting to meet people who have been years in the exercise. This exposes the newbies to selling at loss and/or eventually emptying their bitcoin wallet to save what your emergency funds could have handled.