Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
reagansimms
on 25/05/2025, 04:46:22 UTC
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Well, we should be able to put needs above desires, but it seems that some people still put their desires above their needs, making it difficult for them to manage their finances, and one of the factors that causes this is because they are too proud and maintain their prestige. I actually have no problem with that if they are able and do not force themselves.

And in relation to investment, investment should be a need (in my personal opinion), not a primary need, but at least when all our basic needs have been met, investment is something that is below those basic needs. When we make something a need, what happens is that we will try hard to get it. It may be a little tiring, but to achieve something, we must make sacrifices, whatever it is, as long as it does not violate certain norms or laws.
Investment plans will run smoothly if financial capabilities are not overly pushed or in other words, it is necessary to use cold money to avoid excessive stress and anxiety. Prioritizing wants over needs will have a domino effect that can lead to poor decision making, so it is necessary to measure your financial capabilities and needs before making an investment in order to produce more realistic investment goals.

Agree with you, Investment should be positioned as a need, I position Investment as a secondary need that can help achieve long-term financial goals. A person who wants to achieve long term profits must prioritize needs first, after which they can consider making investments that suit their goals and financial capabilities.