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👉 No invest wetin you no fit lose or wetin no go make you sleep for night (This one dey very important)
You can say this when trading with Bitcoin, for investors who prioritize long term approach are confident that the price of Bitcoin will pump very hard no matter what price they buy in. There are investors who lump sum when the price of Bitcoin is pumping, you don't fear of losing your investment to bear season. Funds used in Bitcoin investment are those without immediate purpose, those funds you want to save for a long time after keeping aside your emergency funds and all you needed for basic lifestyle, you need more you can lose to profit well from Bitcoin.
There are many other currencies in cryptocurrencies for investment, but those who know and understand about investment choose Bitcoin for investment. And even traders trade Bitcoin. By investing in Bitcoin, you can only benefit when you invest for the long term. In the case of long-term investment, you can learn and understand a lot. If you adopt the DCA strategy, you can also benefit, but it is small. Investing in Bitcoin brings a bright smile to the faces of those who invest for a long time and hold their investment.
You should never think about ten years ago because at that time, risk could only bring success,
This makes little sense. 10 years ago there were similar kinds of concerns as there are now, yet we can see after the fact that investing into bitcoin ended up paying off quite well including that the more aggressively anyone invested into bitcoin (without overdoing it) then the better the payoff.
Personally, I think that similar kinds of underlying principles continue to exist in regards to the more aggressive anyone invest into bitcoin (without over doing it) the likely better will be the future payoffs, 4-10 years or longer down the road.
It is also likely the slope of the upward curve is not going to be as steep into the next 10 years as it had been in the past 10 years, yet these days, the downside risk of the next 10 years seems to be less extreme, too. When governments and large financial institutions are jumping onboard, it becomes harder to reverse courses... .not impossible to reverse but there is a certain value in the Lindy Effects that are created with bitcoin being in existence longer and seeming to ongoingly becoming stronger and stronger and stronger.
You'll hear people say it's not too late and they're right afterall cause if one could start now an hold till 10 years time when bitcoin probably gets past $1m then they won't even feel they missed the opportunity earlier investors of about 2011 to 2020 had cause they too would've made lots of profits in 10 years from now whether they're very aggressive with their investment or not.
I completely agree with you. Most people think that the value will DIP and then they will buy. I think the value that Bitcoin has now is in the DIP end.. because it doesn't seem like it will drop any further. Bitcoin may reach a price around 150k in the next 4 to 5 months. Those who start investing then will think that if they had started 4 months ago, they would have definitely made more profit. Actually, it's true that you have to think about a lot of things before making a decision. but if he will think that he will invest if the price of Bitcoin drops, they will not be able to continue investing for 4 to 10 years according to the DCA method. When the price increases significantly, they will sell their BTC. But if you invest patiently for 10 years or so, the profit would be much higher. Investing in BTC using the DCA method is much more profitable than any other investment. Now, more important than how much money he starts investing with or how much BTC he buys and starts HODLing is how early he decides to start investing in BTC and how long he will continue investing for. I think that every moment is the right time to invest in Bitcoin. As the days pass, the more profits we will lose.
Bitcoin is now known as the most valuable asset among cryptocurrencies. Seeing the current market price of Bitcoin, many investors are thinking that they will start investing during the dip. But before that dip, the price of Bitcoin may increase further. Investors should buy and invest in Bitcoin at this current market price. Before investing, you should hesitate. Because you are thinking of investing, but no one else may think of it. Remember that Bitcoin is limited. So if you have money, start investing as early as possible. Because everyone now knows Bitcoin as a known currency in the world. And that is why people like to invest in Bitcoin, no government has any hand in it. Therefore, deposit and hold as much BTC as possible. Hold your Bitcoin for at least 4 years, only then will you get good results.
Investing in Bitcoin is like planting a fruit tree. Just as you have to wait 4-5 years for the fruit after planting a tree, you also have to wait in the case of Bitcoin. So buy and hold Bitcoin now so you don't regret it later.
Whenever we think about success in investments, the immediate association or measure is mostly often the financial gains, how much money has been made from the investment, the ROI or even the size of the portfolio, but we often forget to look at a more nuanced perspective of measuring an investor's success, a quality that is extended far beyond mere monetary outcomes, which happens to be the wealth of knowledge and breadth of experience which the investor has achieved throughout their journey.
Take your wealth of knowledge and give me the money (ROI) 
. Every investment targets to generate profits and when the profits and not knowledge. Weather the investment generated profit or loss, the investor will always gain knowledge from the invest in the way of identifying areas of improvement to make more profits and cut down cost. You don't only learn from failures as most people make it look, especially the motivational speakers, learning can come from being successful in business and also from failure. The first level of investment is learning or gaining knowledge. If you do not fail in your investment, you will learn how to invest better. And how to understand where you were wrong. For this, you should always be focused on reading more and learning. If you are interested in investing, it is good for you to know that investing requires patience and knowledge the most. An investor is able to increase his portfolio only when he is inexperienced in investing. Usually, some new investors, when they see a market downturn, sell their investments and later distance themselves from investing. However, if they really make a mistake and there is a recession in investment, they have to be patient and wait for the market to recover. An investor will succeed if he can continue his investment correctly. And during the market downturn, he tries to learn with patience where his investment was lacking.
Waiting for a dip before buying is never a good way to go about your Bitcoin accumulation wether you a veteran investor or not, because by doing so you may miss a whole lot of buying opportunities, if you have gotten to that over accumulation status and you feels like their is no need for consistent investment in Bitcoin, then it's ok, but if you haven't gotten up to that level of over accumulation stage, you have no reason to wait for the dip because you will be wasting valuable opportunities to add up to your stash that has been stagnant due to waiting, so in my own opinion, waiting for the dip before buying is never a good way for any Bitcoin Investor that hasn't gotten up to that over accumulation status.
Bitcoin has the most advantages over gold, gold is a physical asset that is constantly being created, but Bitcoin is limited, there are only a few Bitcoins in the market. You can never carry a kilogram of gold on the road, you will need security, otherwise there is a high chance of being robbed. But you can travel around the world with Bitcoin in your wallet, no one will know about your digital asset Bitcoin and there is no fear of being robbed.
The price of Bitcoin has increased hundreds of times more than the price of gold, if we only create a difference in price from the beginning of 2024 to July 2025, then Bitcoin will be the best. Especially in terms of transactions, Bitcoin has the most advantages, Bitcoin transactions can be completed in just a few seconds.
It is not only gold that requires security. Security is also required in Bitcoin wallets. Hackers can also remove your Bitcoin assets from your wallet. If you do not use some complex password in a secure wallet, then there is a possibility of risk in your invested Bitcoin. One of the world's investment places is Bitcoin, a cryptocurrency. Even ordinary wallet users in Bitcoin always protect their assets with complex passwords. And many lose their investments by becoming victims of hacking.
Gold is an asset from which people benefit immediately, but the risk is high. It is okay to carry gold, but no security is required to carry Bitcoin. However, you have to keep your eyes and ears open to keep your investment safe. I think investing in Bitcoin from gold is easy and convenient.
One of the things that affect some traders is that they don't accept their loss and move on, some traders will want to make back all the money they have lost since they started trading, they carry this as their most and only priority, and that leads to them losing more money.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.
The reason why you will keep losing more money when you don't accept your losses and move on and stop trying to win back all the money you have lost is that, when you want to win all the money you have lost by all means you become aggressive in your trading and when you are aggressive the effective power of your knowledge will gradually decrease leading to you making mistakes in the course of your trading which will lead to lose, so if you keep trading with the same mindset of winning back all your losses you keep being aggressive and keep losing.
So to avoid more lose as a trader accept your losses and move on, keep an open mind and you will start gaining more than you are losing.
Life happens your loss should be used as a lesson and motivation to achieve success.
This thing go really help many people wey just dey start trading. Most new traders dey enter market with the mindset say them go recover all the money wey them don lose before. But e no dey work that way. Sometimes you go lose money, and you just need to accept say that day no be your day. But some people go dey rush enter more trades just to recover fast. That rush dey make person lose focus, and once your emotions don take over your head, na mistake go start.
Before you know, you go lose everything. Even your savings go enter the matter, and you go begin regret why you no just relax when you loss from the beginning. Loss sef na part of the game, accept am, learn from am, and come back stronger, no dey force profit. Calm down, plan well, and wait for your time, the market no dey run, and no be to win everything in one day.
A trader always wants to gain knowledge and make more profit from the money he trades. He has to develop determination within himself and achieve it. His strong morale and strong determination are the reasons for his victory. A successful trader always follows his past mistakes and tries to move forward. Especially when they lose a lot of money, they spend more money in trading. But many times they are forced to lose money because of their wrong decisions. If a trader can always make thoughtful decisions, then he can be expected to be successful in his business.
I say make i bring this one up here make we follow put mouth
As a cryptocurrency person for naija, one of our major alternatives most especially for those of us from bitcointalk naija local boards, our major alternatives na either gambling or trading with bitcoin or other coins.
Aside from the fact that this two can give you possible high profits within a short period of time, both can still lead to major loses na why we advice make you do them with money you fit lose.
So how e be for you, using bitcoin or cryptocurrency to gamble and trade, as source of alternative income, as a Nigerian bitcointalk member?
The truth is that, most of my money from campaign and contest which I get from this forum and the other, I mostly use them to trade the Forex market. Yes its risky but I can take the risk, so long I'm able to manage and risk and make some profits back over time. Im not much of a gambler, and I only do so when I feel like. I'd rather use my money to trade than gamble. Go some extent I prefer trading though both of them involves risk but on one I can calculate my risks and understand when the market would actually take my funds... As a cryptocurrency person for naija, one of our major alternatives most especially for those of us from bitcointalk naija local boards, our major alternatives na either gambling or trading with bitcoin or other coins.
Aside from the fact that this two can give you possible high profits within a short period of time, both can still lead to major loses na why we advice make you do them with money you fit lose.
So how e be for you, using bitcoin or cryptocurrency to gamble and trade, as source of alternative income, as a Nigerian bitcointalk member?
Both gambling and trading can be profitable for you. It will be profitable only when you are aware of the market. OP, you said you trade in the Forex market. However, there is risk in this business as well as the possibility of high profits. Gamblers need luck along with gambling. Similarly, traders have the possibility of high market price increase and luck. In trading with other coins, you will see that although the possibility of profit is not that much, the possibility of losing money is high. A gambler gambles in the hope of money, and he is also forced to lose his money. No matter what forum gambling or trading is in. He should always be careful
From what I understand about Bitcoin, people that hear about the coin and try to learn about it, I am sure, will be interested to invest in Bitcoin. But some people usually said we should not force people to invest in Bitcoin, because I am sure that anyone that you explain about Bitcoin to will definitely have interest to invest because of the rating among other cryptos and the benefits. The only thing that can stop someone from investing is capital. since I started investing in Bitcoin and I got some knowledge about it, anyone that asks me they needs investment projects. I usually tell him to learn about Bitcoin and do some research about it, and their feedback is they are ready to take the risk. But I don't know why some are saying we should not force people to invest. I have not come across anyone that I explain Bitcoin to that will say he doesn't have interest to invest.
In my opinion, I don't think they can force someone to invest in bitcoin or any other business, you should know that they have the interest to invest already. when you explain to them they will try to complain so that you can explain better for them, and when the market is bad, they can put the complaint on you, or probably you can give them some funds to recover. If you see they force someone to do something, they show him what will destroy his life, and he will obey and do the needful to protect himself, but with bitcoin, business, or trading, they can't force anyone to do it.
Normally bitcoin is volatile, and people think that anyone that they bring into the system to start investments, if the market is bad, they will be worried because they introduced new people to invest in bitcoin, and they think they won't trust them anymore. And when they complained, you thought you forced them to invest. That is not a force, it is a lack of patience. Anyone that is willing to invest in Bitcoin and understand everything will have the patience to invest in Bitcoin for the long term without making unnecessary explanations so that they can probably achieve their goals.
In my opinion, I don't think they can force someone to invest in bitcoin or any other business, you should know that they have the interest to invest already. when you explain to them they will try to complain so that you can explain better for them, and when the market is bad, they can put the complaint on you, or probably you can give them some funds to recover. If you see they force someone to do something, they show him what will destroy his life, and he will obey and do the needful to protect himself, but with bitcoin, business, or trading, they can't force anyone to do it.
Normally bitcoin is volatile, and people think that anyone that they bring into the system to start investments, if the market is bad, they will be worried because they introduced new people to invest in bitcoin, and they think they won't trust them anymore. And when they complained, you thought you forced them to invest. That is not a force, it is a lack of patience. Anyone that is willing to invest in Bitcoin and understand everything will have the patience to invest in Bitcoin for the long term without making unnecessary explanations so that they can probably achieve their goals.
Many people have already given various suggestions on this topic. The main reason behind creating Bitcoin was that economic freedom or personal control was a key issue. So we cannot force anyone to invest in Bitcoin. If you want to deliberately encourage someone to invest in Bitcoin, then first of all, you can take the time to explain to him well about Bitcoin and blockchain, explain the advantages and disadvantages of investment, explain the future of Bitcoin and the decentralized nature of Bitcoin well. You can suggest starting investing in the (DCA) method to reduce investment risk. Be patient and make him aware of the long-term investment plan. Make him most aware of the risk without showing the hope of profit in the first place. I believe that if you give these suggestions to a new investor, he will definitely be interested in investing.
No one is forced to invest and trade in Bitcoin. Rather, they are given advice that can be beneficial for their investment or business. An investor can be given advice on how to stabilize his investment and earn profit from his investment. But he cannot be forced. Rather, if anyone wants to invest voluntarily, then good luck to him and the Legend Members are invited to follow. Investment is something that cannot be forced on anyone. Investment is done by those people who are concerned about their future. And you will be even more surprised to know that an investor is very calculating. He spends money separately for his daily needs and some amount from his income source for investment. He also creates an emergency fund. You will be interested in investing only when you see that one of your classmates or friends has made a profit by investing.
No one will force you to invest. But if you want to invest, your first task is to start. Because there are many people who do not invest for fear of losing their money. However, if you know and understand the rules of investment correctly, then investing will be the best savings in life for you.
I would rather trust a random dog on a street than Elon Musk with doing anything.
He is liar and a clown, same a Trump, and people should not fall for any of their circus show.
Don't believe for a second Musk will adopt Bitcoin instead of fiat.
The thing is that some people don't really understand politicians, they say many things to deceieve those that want to be deceievd, most of us are wise and wouldn't even want to give a damn on what they say because at the end of the day it won't see the light of the day, those guys don't have conscience when they lie, those guys are fiat friendly so what ever I hear them say remains a fallacy, we saw all that before and after US election, many of us thought that by now Bitcoin would've hit higher than it is but what did we see a different scenario right, so for me, even though that tweet is the words of Elon musk as we have seen, I think it should be back up with practical actions from him, so at this point I think action is believing, we shouldn't get excited for no reason when there's nothing to show for it, policians and their deceitful antics.He is liar and a clown, same a Trump, and people should not fall for any of their circus show.
Don't believe for a second Musk will adopt Bitcoin instead of fiat.
Politicians always like to reassure people. And when people start believing them, they reveal their true nature. If Bitcoin goes to politicians, maybe they can create such a system. Bitcoin taxes will have to be paid. Because politicians can make people adapt to their words. America also plans to improve the financial and moral status of their country through cryptocurrency. However, once they get cryptocurrency, they will run the country as they wish.
And they will increase the price of Bitcoin and sell it as they wish. So, I personally want a country like America not to have cryptocurrency.
We had plenty of time, say since 2015 if they were earlier, or since 2017 when the Bitcoin hype was all over the world. We had plenty of time to buy Bitcoin for half a decade and accumulate it at a low price. But what did we do then?
While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.
Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.
While most of us bought Bitcoin at that time, most of us also made mistakes. Mistakes are the best teachers, and we shouldn't repeat the same mistakes.
Now that Bitcoin is trading at its highest price, who wouldn't be happy? Certainly, all holders are happy and hope the price continues to rise to $150,000.
There was a time when no one knew about Bitcoin and there was no appreciation for its value. I have heard of people who bought a pizza for 10,000 Bitcoins. At that time, they had no idea that the value of Bitcoin would one day go so high. That is, time teaches you what to value and what not to value. Now, know and understand Bitcoin and start investing in it thinking about the future instead of thinking about the past. Then maybe in the future you will not have to regret thinking about 2015 or 2017.
Bitcoin is known as the best currency in cryptocurrencies. And people are aware of its value. I hope that if you start investing now, after the next 10 years, you will think that the value of Bitcoin was much lower in the past, which is skyrocketing in the current market.
perhaps meeting the market value at this point $118 is not supposed to be considered as late entry, if you consider this as late entry how much more those that may likely meet the price at $200k.......they won't see it as a late entry while those early investors that meet the price at a starting point would see it as a late entry, but one thing for sure is, they're going to learn there lessons so that when next they're given such opportunity they won't let it slide but to utilize it in that initial time.
First off is their anything like late entry in Bitcoin investment, I think the answer is no, yea people might have made the mistake of not investing in Bitcoin when they are supposed to buy that doesn't stop them from investing anytime what matters now is their ability not to keep waiting and wondering about, Remember, to invest in Bitcoin, you have to first keep in mind 2 things. 1. Start investing after the price coma. 2. You have to stop thinking that you will sell as soon as it increases. That is, you cannot get excited about investing. And you have to be patient and keep investing for a long time. Those who sell investments in excitement are bound to regret it. For example, if someone starts investing with 75 thousand and then sells it at a price of 102 thousand, then they are bound to regret it now even if they get more profit from their investment. Because the current price of Bitcoin is 117 thousand. They will regret it thinking that if they had held on for a while longer, they would have made more profit.
For this, it is always said to hold on for a long time and invest patiently. Because impatience makes people lose. In terms of investment, it would be wise to start investing without checking the price. Because many things can be done if you think about it, but you have to face the situation to complete the task. So without thinking too much, start investing now if you can afford it. And remember that you are investing to make your future bright. So face the situation and make the difficult decision not to sell Bitcoin.
I have a questions? what are the things newbies should do to earn more merit, and what is the advantages of merit, also and also what should encourage the newbies to get more post.we are new in the forum so we still need, some guide so that we can meet up with our daily post.
E no get anything like "daily post", as a newbie wey no even dey campaign, no be must say you go dey steadily make posts, as a newbie reading better pass posting, because the more you read, the more you go dey learn wetin to post from what you read. E get wetin i notice say e dey affect newbies, and the thing is, dem dey rush, dem wan grab everything in a day, no go dey look some users wey still dey new but dem get penty merits, mind you that knowledge dey different and e get people wey dey understand things faster than others.Having said that, the best way to take get merits na if you get to learn about Bitcoin and the forum too, e go help you to dey make high quality posts, and na posts like that they give merits. The advantage of merit be say you go use am rank up, and as you rank up dey enjoy yourself for forum, you go fit join signature campaign they earn incentives from your contribution to the forum.
Na true, di best way for newbies to take get merits and rank up na to learn about bitcoin, follow forum rules and di most important na to try to focus on making quality posts. Di only thing wey i go fit add from my small experience for di forum na for dem to get patience, because as a newbie or member, you fit to de try make quality posts, but merits no de come like dat. So for me, na just to de continue learning and making quality posts, gradually merits go come, because if new members focus more on merit and e no de forthcoming, na big discouragement be dat.
E go also de good if our senior members go de encourage di low ranked members for our local board with merits from time to time, if dem see quality posts from di upcoming ones. Except for a few members like Oga Brainboss, most ranked up members for dis our Nigeria board no de encourage and support new members with merits. Na my own experience and opinion be dat.
Your point is logical. I am also a newbie and if someone gives me merit after seeing my post, it increases my enthusiasm for my work. And when legend members explain the guidelines in code, it becomes easier to know and understand those things. However, I am more concerned about whether my posts are of quality than qualifications. Sometimes I worry that I have gone beyond the rules. However, many thanks to the legend members because they are a learning medium for newbies like us. We try to learn by following them. But we are more hopeful that they will help us learn about the forum in a more easy way.
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.
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.
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.
I totally agree with this. A lot of beginners are unsure or even a bit scared to start investing. They're usually worried about covering their living expenses and don't feel confident spending money without a stable income. What many don’t realize is that even after taking care of their basic needs, there’s often a little bit left that could go toward buying bitcoin.
Not only newbies are scared or unsure of starting Bitcoin investment some people have known Bitcoin for years now and even up till now they haven't had a rethought about Bitcoin because they still think the value of Bitcoin will drop if they start investing which is not correct and people with this mindset hardly venture into something in this life, yes Bitcoin is not risk free that is why it is advise to use what you can afford to let go and it is not as if those people doesn't have what they can afford to let go but they just decided not invest at all and anyone who is afraid of taking risk will find it difficult to make it, even though not all risk are worth taking but Bitcoin own is worth it.
There is no fixed time for investment. And there is no doubt. Rich and poor can all invest, you just need a little money at the beginning. Money that you will not need during the time you invest. In the current market, the price of Bitcoin is skyrocketing. And in this market, those who have invested in Bitcoin and are able to hold on and are not selling their investment out of greed will smile happily. And those who have sold their investment out of greed for a little money will regret it. Because very soon the cycle will turn and the price of Bitcoin will increase further.
And those who are thinking of starting to invest but after the price decreases. They should buy now and invest. Because the price is going to double soon. After investing in Bitcoin, many people worry that if they invest for 4-10 years, what will happen if any misfortune happens in between. They also think like that. But investing in Bitcoin is an act of courage. Invest for a long time and keep doing something, your investment will not disappoint you.
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Yes you are right but if you find a second source of income and work to invest it is very good. But you have to take care that you do not harm yourself while doing this work. For example, many times our health gets very bad while doing a lot of work. And later we become very sick, work by considering all these aspects. Remember one thing, the richer you are, the more you spend. So if you can do extra work then continue working if you cannot then change your decision. Because you want to do this to invest extra but if you get into a big physical problem then your investment may be at risk.Not all work is physically demanding, although all work can be time-consuming because all work always requires time. But as long as a Bitcoin investor's work still allows them to continue investing, I don't think it will directly impact their physical health. There are many people in the world who still work two different jobs, yet they are still quite healthy and have no problems in their lives. Anyone who has become an investor, especially an investor who frequently buys Bitcoin, would be better off if they could have more than one job because they could easily utilize the income from both jobs for themselves and could also directly apply it to Bitcoin investments more regularly without any obstacles.
I think having only a single source of income that you are using to take care of your expenses and investment is far better than plenty source of income that someone can not use to take care of their expenses and investment and a lot of people are into this category of people that can not..., and someone who has more than one source of income and knows how to manage his investment and take good care of their expenses is also great. Every individual should know their capacity and know the kind of job they can handle and the kind of job they can not handle, overstressing oneself because of our investment and expenses won't worth it because the moment one break down, is either they use the money he or she has worked for years to take care of the person or the person might even die leaving all the things he or she has worked for that's why it is not good to overstress.
So this is to say that there are multiple jobs that do not necessarily break you down, sometimes it sharpen you activities and make you get ready for the following day because the agility is there. but one thing is that anybody can fall sick, whether you are doing multiple jobs or not. More so if you can do multiple streams and keep your income high so you can maintain a good investment portfolio then I don't see anything wrong.
Just as there is pressure in a side job, there is also comfort. I say comfort because you will meet and talk to different people. You will be able to learn and understand something new from them. And besides, you will know about your qualifications and learn something new. Who does not want to increase the source of income. Everyone wants a good source of income so that he can fulfill his dreams. And later, when he reaches his old age, he does not have to ask anyone. Having a side income is not bad. But it will be bad when your work tires your body and makes you sick. There is a need for excitement in life, so no work is bad.
However, your side income will come in handy to increase your investment. And you can invest a small part of this income. Apart from having an emergency fund, you can live well with your income. If you have a side income
There will be no problem even if the Bitcoin network grows. But the investment will be more than the sale. And the traders who are there will buy at a low price and want to sell at a high price to increase their business. The Bitcoin miners who are there may not want to mine then because the price of Bitcoin will decrease. People like to buy more during the dip, but then it will always be a dip for them.
At the same time, Bitcoin is a well-known currency in crypto currency. And to destroy this currency, it can also be compared with Shitcoin. It can also be the opposite.
At the same time, Bitcoin is a well-known currency in crypto currency. And to destroy this currency, it can also be compared with Shitcoin. It can also be the opposite.
Remember that wallet companies will never ask for your personal information. And they will not give you any email where the code will be. So think wisely about how to protect your wallet more. Nowadays, there are so many scammers everywhere that people are confused about who to trust and who not to trust. So do not face any such risk. And do not tell anyone about your personal wallet or anything. The possibility of hacking is very high in cryptocurrency now. You can also fall into the trap of a scammer at any time. So continue to invest carefully. And always keep your eyes and ears open and take every step of the way. And use your wallet in such a way that no one can ever plan.
It is more important for people to have a safe place to live and that is right in the village or in the city. You can invest in the place of your choice. But it will be better for you if you invest in the village. Because no matter where you are in the world or whatever job you are in, your final destination is in the village. Try to invest as much as possible in the village. So that some people who see you get motivated. And they also try to improve like you. Most of the people in the village give up their busy life in the city to decorate their houses. It is seen that even after having a good quality house in the village, they live a city life. In this way, they spend their short life only on busyness and work life. Invest in the village instead of living in a city building, my brother
Good luck to all friends. I have a close younger brother. He is a student. But he is interested in investing. After learning about Bitcoin from someone, he invested in Bitcoin with his tiffin money. And later he made some profit from his investment. This increased his interest in investing. Later, he got a part-time job along with his studies. And he kept investing from his monthly income. And he is still investing. In my opinion, a person spends the most free time during his student life. If he invests in such a state, he will be able to invest stress-free. And he may not need an emergency fund.
My question to the ignorant is, will this harm his studies? Or will he stop his studies and become more interested in investing? Is it right for him to invest during his student life?
OP, the time you mentioned is a bit odd because people were not that aware of Bitcoin back then. Most people in the world today know that Bitcoin is a valuable asset, a bit like a goose that lays golden eggs. If you had known and understood Bitcoin 14 years ago, you might have dismissed it as trivial. Instead of regretting the past, start investing slowly and accumulating Bitcoin now that you know about Bitcoin. Maybe 14 years from now, you will look back at the market value and say why it was so low. So accumulate Bitcoin and hold on to it.
A person does not need a large source of income to invest. A person can start investing only if they have a reasonable income. Because it is very important to keep your investment consistent because if your investment is not consistent then you can fall far behind the goal of building your portfolio.
You may not require to have a large source of income to start investing but it's necessary and a plus if you can have such a large sources of income as an investor in bitcoin or any asset. It will help you to invest comfortably build a much bigger portfolio without having to withdraw your bitcoin investment prematurely due to extra responsibilities that your small income can't carry. Because it's not sufficient to make room for emergency funds without having to short live your investment due to emergency.You can start investing at any stage. Even as a student. However, investing in Bitcoin will be easier and more bearable for you if you have a source of income. You can invest in Bitcoin by spending a small part of your income. It is better to adopt the DCA strategy. If you invest in Bitcoin, you do not need to have a fixed source of income, but you have to start investing. However, if you have a monthly income from any work, you can start investing a small amount every month through the DCA strategy. And it would be wise to adopt the DCA strategy in the first stage. Investing in Bitcoin does not have to be done from a source of income or from an alternative source. If you want, you can also start investing with your tiffin money while you are a student. I have a new investor near me, he is a student and is interested in investing. And he invests a small amount with risk. Later he made some profit and is now more interested in investing. He is now engaged in a part-time job along with his studies and continues to invest. It is not bad for those who are new to investing to invest alongside their source of income if they want to make a profit.