Quote from: Nightwatchmare on July 22, 2025, 08:13:07 PM

Quote from: Bigjoe33 on July 21, 2025, 09:37:54 PM

These kind of investors are people who have studied Bitcoin and have seen that come rain come shine, Bitcoin still remains an asset and a great one for future gains. And you know, what you have seen, tested and confirmed, you follow it with a different mentality. Despite its volatile nature, Bitcoin surely will always appreciate and thus, investing up to a half of Income is a wise one with future mindset.

It is problematic and misleading when you say we should invest up to half of our income in bitcoin because the statement can mislead newbies who are just starting to accumulate bitcoin into using the money meant for their expenses to invest in bitcoin, and when it is time for them to solve their expenses, they will have to sell their bitcoin in order for them to solve their expenses, and it will cause them to be out of accumulating bitcoin. Always use the right words whenever you are talking or discussing Bitcoin so that newbies will be well guided into using the right funds when they are investing in Bitcoin, which will aid them to remain in the game for the long term. It is better for investors to accumulate Bitcoin with their discretionary income since Bitcoin is a long-term investment so that they can be patient enough to hold their Bitcoin investment for 4-10 years for their Bitcoin investment to compound very well and give them a good profit when they sell it.

You’re actually right tho, investing half of our income is far more risking meaning it’s an act only meant to pursue quick gains. Investment planing that doesn’t involve the backup funds is still considered risky talk less of investing using half of income meant for important needs, the statement is misleading generally not only newbies just imagine someone reading this statement of investing such huge amount I meant half of income probably few might be tempted. Giving an advice as such doesn’t mean they’re buying aggressively it only makes the situation worst in times of trouble for example I once used my bonus money for bitcoin investment although at that time I had zero worries about my needs because that’s the first thing I think of before any other business eventually as time goes I discovered I will have to invest according to my capacity with the money I can afford to lose although while having this thought in my mind I never lose all hope so it all depends on my budget planning.