Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
Bluedrem
on 15/06/2025, 11:12:03 UTC
Quote


I have talked about the investment strategies of the rich and the poor in Bitcoin above.

Let's say a son of a rich family starts earning after reaching a certain age and he earns $2000 per month. Since he is the son of a rich family, his family must have some previous savings. Suppose his family's previous savings are "X" dollars and he can save $200 per month from there to earn now. Then in the first month of his income, the savings will be =(X+200) dollars. After a year, it will be =(X+2400) dollars.

Now let's come to the case of a son of a poor family, let's say he also earns $200 per month like the son of a rich family. Since his family has no previous savings, in this case, if he saves $200 per month, excluding his incidental expenses, then his savings in the first month of earning will be =$200. After a year, the savings will be =$2400.

Now if we review the issues, we will see that if the boy from the first family keeps the savings left by his family - "X" dollars as an emergency fund, then later he will be able to invest the entire amount of money he is saving every month in Bitcoin or other areas.
And in the case of the second family, from the savings he is saving every month, he will have to save a certain part in his emergency fund and the remaining part he can invest in trees or other areas.

In this case, I mean that the boy from the first family can invest his current earned money with as much thought as he can, while the boy from the second family will have to invest his saved money with a thousand times more thought because he has no previous savings that will provide him with financial security later.



This was my previous post.

I actually wanted to talk about the reality of rich and poor investing in Bitcoin and raising emergency funds.