Quote from: Princess Leah on July 29, 2025, 12:01:06 PM

Quote from: Ojinga on July 29, 2025, 07:11:11 AM

I get your point about patience and not to sell our coin, but have you been faced with a very difficult situation, let’s say health situations and all you have to do is choose between your health and your coin?(I hope to see your answer pretty soon)
I believe patience is good but discipline is paramount when investing in bitcoin and cryptocurrency at large and when we talk about discipline, it’s not just about holding but is about how disciplined you are before investing(this has to do it, investing the right money at the right time), when holding and even after selling(for the right purpose)
Discipline plays a major role.

It's not a tough situation for an investor that's hodling bitcoin cause before you even go into it, you must divide your income into different portions like emergency funds, discretionary funds and so, the discretionary fund is the funds basically for investment it maybe be 40 or 50% of your income of even higher or lesser.

Now for situations like Health issues, accidents any all kinds of uncertain events that could happen in future, that's where the emergency funds come in so take note of that dear, Bitcoin investment is not as tough as anyone thinks you just need to understand the concepts and follow it diligently then everything would fall in place and even your health issues won't be an issue is your emergency fund is intact to cover up for it.

I get your point but I wish I know the country you identify with because in my country, where minimum wage isn’t enough to take you through the month, how then do you expect to have 50% of your earning kept as discretionary funds?
Well, discretionary funds are funds that are not met for specific purposes according to meta AI and over the years, in as much as I want to invest in bitcoin, I still try not to get pressure by what people say online because in real life, it might not just be same as what is said online and since I already know, life has no perfect manual, we just ride and hope for the best.

Now back to issues of health, there might be cases, where health challenges this time isn’t minor and rather critical and maybe you have some funds in your wallet, will you still have to prove and claim to be a holder when you can still sell and take care of yourself?(there is a saying that, when there’s health, there’s wealth).

I’m a typical fan of holding and investing, but my point is that, we should know when to sell and sell for the right purpose.