[quote author yes =Loyang link=topic=5132720.msg65841046#msg65841046 date=1758712449]
Therefore, I believe delaying investing in Bitcoin until we have discretionary funds is a bad idea. Time is ticking and can't be undone. Rather than training our mentality first, it's better to just start investing. I emphasize again that this mentality will naturally develop once we start investing, and a naturally formed mentality is better. Because, the real test lies in real-world situations.
We should always invest with discretionary income sources for investment. Because if a person invests with his emergency money or his food expenses or his medical expenses, it will never be the right decision, rather it will be like gambling in one way. Because investment is for a long term like 5 to 10 years or even more. If you invest with your medical expenses, then when you fall ill, where will you get the money to get treated? Then you will have to sell your holdings. If your investment is falling during that time, what will you do?
I can give you a real example on this subject. There was a person in our area who used to keep a cow and used to buy food for his cow with his emergency money. Once he bought food for his cow with the money he had set aside for his medical expenses and after a few days he fell ill. He didn't have the money for his treatment and in the end he had to sell his cow at a very low price to pay for his treatment. The same thing can happen to you if you invest with emergency money.
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Yes you're right it is not advisable to use any money for food expenses or any type of expenses for investment it is a very wrong decision but that doesn't make it gambling it still sacrifice but in a wrong way
But when it comes to medical situations it is a very dumb decision to use your medical money for investment, as long as you know very well that investment take years before harvest,
I don't think anyone would be so unwise enough to use his or her medical money for investment or even trading .that's means you value money over your health and well being which is not wise.
even if it's a short term investment is still a bad decision no matter what everybody has to prioritize their health and well-being over any other thing
Always remember health is wealth without health and with wealth you will never enjoy the wealth
apart from the aspect of health people go as far as using their tuition fees for investments all these decisions are not wise, its just making things unbalanced
when telling people about investment we should also tell them the type of money the should be used for their investment.
We are trying to make things easy for people not harder