Quote from: sotelorene on Today at 05:47:55 PM

Quote from: Lembo69 on Today at 05:35:56 PM

Quote from: SmartGold01 on June 14, 2025, 06:38:36 AM

Quote from: sotelorene on June 12, 2025, 09:23:58 AM

Quote from: SmartGold01 on June 11, 2025, 10:25:28 PM

You know what you must know is that people don't usually know when to invest, how to invest and when not to invest. Usually, investment is when you are financially stable to make it reality but most people nowadays jump into investments without at least having source of income or something that would give them income when they are in need or lacking moment.
It's true that everyone out there loves investments but getting to know the rules of investment is what most people are lacking, that is why many people faces hard time with their investments or ends up pulling off their investments when their time isn't yet to come.

Na waiting make them say failure to plan is planning to fail, person wey no plan en self well will definitely not get to a greater height ( success). This thing wey you take na the mistake some people dey make this time oo and waiting they cause this mistake na greed and big eye because when they see say there friends don dey grow for Bitcoin investment and those there friends get stable source of income, the person no go want calm down know say Bitcoin investment no be competition, them go rush carry money put and when e red for them, na them go still carry there hand sell off everything and sometimes them fit dey for loss.

That is true, we must learn to place value on our investment if we must last longer and makes good profits from our investment. For instance, doing proper consultation before jumping doing into whatever we would want to do, most time when following how they shares their success stories you would see that there are also some difficult time for them but they wouldn't want to scare new investors rather cover up their bad experiences and share only the good side, but those who doesn't know how the investment works could just go invested with all their life savings with the mindset it would automatically be profited with few months or days.

Although, no doubt because there are all possibilities for such to happened only if they get involved in with altcoin that are more of pump/dump, when they are lucky they could get pumped to cash out good profits from their investments and only those who have been in the cryptocurrencies space can actually achieved such quicker profits.

It is okay to evaluate the value of the investment. But what advice would you give to those who can afford to invest some amount from their income? No one invests with all their money. They invest as much as they can and hope to make a profit. However, it is not bad to invest with all their money if they can maintain it. And they are able to keep their daily expenses, emergency fund and reserve fund. An investor should always invest by deciding the time for how long they actually want to invest. And no matter how many obstacles and dangers come during this time, they will not lose their investment. If someone invests by deciding the time, then it is expected that they will be able to make a profit from their investment.

For example, you invested for a long period of 4 years. But you sold the investment after 2 years for some urgent work. Your mistake there was that you lost the investment because you could not maintain the timing. Just as there is a need to allocate money in investment, there is also a need to allocate time, because time is the most valuable thing.

The advise I will give those who can not afford to invest from their Income even when they have the capacity to invest is that, they should make haste to invest while the price of Bitcoin is still affordable ( early stage) because time will come when the price of Bitcoin will look so big in their eyes to invest even with DCA method.

You should make your advise more clear and understandable when talking about making income to make purchase with those who are not the system might think or believe that someone can truly buy bitcoin from the money they have not actually knowing that bitcoin investment should come from their discretionary Income and not from their income.
Bitcoin don hit another ATH and i believe the price will still increase higher as year goes those who have the chance to buy can make use of the dca method where they can buy gradually without making two thought concerning the price of bitcoin if they can still buy or not since dca allows to buy irrespective of bitcoin price.