Topic: Just Another Good Source Of Motivation For You ... (Read 729 times)
Body satisfaction: That is a necessary need in the body and you can't deprived it from the body. One thing you have to know is that, health is wealth, so you have to look healthy to be wealthy and what you eat gives you the health. The body needs good foods to nourish the entire system so what you eat should not be compared to what you are to invest. Investment is good but you can't invest when you have not satisfied yourself. Even though it is small amount to spend for the benefit of the body, you have to spend it. You cannot starve yourself because of investment. If die along the line when investing to starve yourself, relatives will still take your investment so you have to eat your money when you are alive. But always have a budget to spend every day and every week.
I can recall plenty of gatekeepers that would frown upon you when you don't have that much of BTC being stored or held. Even when I was day trading, I just started quite small capital since I was still trying to test the waters before I fully commit into it. I quit day trading not because I wasn't just winning but also but because it is just not worth my time at all.
And also I can see how complicated the life of workers is, every day they pick up and deliver goods from one shop to another and never care about how much their daily salary is. I got out of trading because I didn't have good analytical skills, so I tried to invest regularly with my financial capabilities and to this day I still consistently maintain it.Going back to the topic, start on how much you want. Fuck the gatekeepers. People gotta start somewhere and not all people were privileged to have too much capital to start with. $1 or $2, as long as you're okay losing that amount, go buy some assets.
The amount is not a problem when a person can invest regularly and slowly the investment will surely increase. Consistency and continuing to try to do it is an effort to create financial freedom because in the end we have to create many baskets to make a profit. Start with our own way and don't force an amount of money that can't be accounted for and even though it's small if it's done regularly it will definitely increase slowly. 
Having a bitcoin is good, investing in different business is pretty nice, but the major thing is, discipline, it takes a disciplinarian to invest with the money they map out for pleasure, for a person to channel money to the right direction is not an easy stuff, it requires determination and focused mindset to achieve, saving and investing is an individual decision, let's us know that, the friends we mingle with has a great impact on us either good or bad, just imagine if you have a friend that owns a digital investment, they advice and idea you get from such a friend might help you to start investing or saving no matter how small.
I can recall plenty of gatekeepers that would frown upon you when you don't have that much of BTC being stored or held. Even when I was day trading, I just started quite small capital since I was still trying to test the waters before I fully commit into it. I quit day trading not because I wasn't just winning but also but because it is just not worth my time at all.
Going back to the topic, start on how much you want. Fuck the gatekeepers. People gotta start somewhere and not all people were privileged to have too much capital to start with. $1 or $2, as long as you're okay losing that amount, go buy some assets.
Going back to the topic, start on how much you want. Fuck the gatekeepers. People gotta start somewhere and not all people were privileged to have too much capital to start with. $1 or $2, as long as you're okay losing that amount, go buy some assets.
This is a common attitude of every person I know, even myself is not an exception. Maybe that’s because we are not perfect and that we don’t know everything that others expect us to notice and learn especially in high risk asset like bitcoin. So having doubts and hesitations at first is very normal. And once we feel that, perhaps it’s a sign to study about it first so that we will know if that investment has high potentials to succeed or just like any other investment that is only good and profitable at first and may lost its value afterwards.
Knowledge is power. So invest in yourself first and be knowledgeable as you can. That is the only way to avoid making regrets from your wrong decision making.
I agree with you, basically don't trust anyone but yourself, even in the financial world, whether it's a business or an investment, we need to know the real reasons why we should invest in bitcoin, not because people assume we are interested and then buy, that's a fatal mistake in you, of course we have to study it first in order to find an understanding that leads us to reason to buy bitcoin.Knowledge is power. So invest in yourself first and be knowledgeable as you can. That is the only way to avoid making regrets from your wrong decision making.
Doubts come because of ignorance, so it's better to invest in yourself first before doing anything, if you understand it there you will find why it is important to buy bitcoin.
There's nothing wrong in taking some time to enjoy the money you worked hard for like eating in a fancy restaurant, buying exotic cars and jewelries, going shopping or vacations. But it would be rather too bad for such a person to be living for the moment, not considering tomorrow or not having a good investment like real estate, auto sales and repairs etc to support one's exquisite taste.
In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
You are right, there is nothing wrong with taking advantage of the hard work that we have been fighting for. It's just that there needs to be a limit that is issued, not to cause ambition to feel excessive. Sometimes it's normal to spend money on yourself, as long as you can control it afterward. Profiting from investing or trading is the dream of many people like us working in the crypto world, and showing these results always varies depending on individual needs. Because once again, enjoying the results is proof that what we do has a satisfactory output.In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
and we also don't need to hold back something we want and work to have income for needs and also realize what we want what else is very important or can make us happy.
Having investments or savings is also important and this will be a secondary priority to having additional money or budgeted for and intended for the long term, and savings serves for unexpected funds or urgent needs without involving investment.
This is a common attitude of every person I know, even myself is not an exception. Maybe that’s because we are not perfect and that we don’t know everything that others expect us to notice and learn especially in high risk asset like bitcoin. So having doubts and hesitations at first is very normal. And once we feel that, perhaps it’s a sign to study about it first so that we will know if that investment has high potentials to succeed or just like any other investment that is only good and profitable at first and may lost its value afterwards.
Knowledge is power. So invest in yourself first and be knowledgeable as you can. That is the only way to avoid making regrets from your wrong decision making.
Knowledge is power. So invest in yourself first and be knowledgeable as you can. That is the only way to avoid making regrets from your wrong decision making.
There's nothing wrong in taking some time to enjoy the money you worked hard for like eating in a fancy restaurant, buying exotic cars and jewelries, going shopping or vacations. But it would be rather too bad for such a person to be living for the moment, not considering tomorrow or not having a good investment like real estate, auto sales and repairs etc to support one's exquisite taste.
In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
You are right, there is nothing wrong with taking advantage of the hard work that we have been fighting for. It's just that there needs to be a limit that is issued, not to cause ambition to feel excessive. Sometimes it's normal to spend money on yourself, as long as you can control it afterward. Profiting from investing or trading is the dream of many people like us working in the crypto world, and showing these results always varies depending on individual needs. Because once again, enjoying the results is proof that what we do has a satisfactory output. In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
that comment was make sense, we should think about future. I think we should set aside some money for investment, it is okay to buy some fancy food sometime as long as we have some investment. even some people prefer like to buy fancy stuff rather than fancy food because food don't last long. when our financial improved, we can afford better food, better stuff and better quality of life. we should accumulate more bitcoin now.
Those who anticipate about the future are the wise. No one knows what the future will be like the time you are going through now. Inflationary pressures around the world are hurting the entire economy. A reliable and accurate investment medium is required to survive in such a situation. Which is able to provide financial relief to an investor after a long period of time. Considering these things, we can definitely make a decision to invest in Bitcoin. There is no alternative to investing in Bitcoin to lead a secure life in the future by protecting our economy at least from inflation. Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
For sure one main reason for that is people doesn't have financial knowledge or mentor. That once they have some amount of money they would just spend it to a temporary things or unnecessary. Why do you think people despite the fact that they could get rich with the amount of money they received from their salaries? Of course they don't have an idea about investing as they just providing all their satisfaction by just buying things which that feeling wouldn't even last. Investing is really a good as it could secure your future in a long run, also remember that inflation also increases in a long period of time.
You do actually have a point as those temporary experiences, you could still experience them and more financially stable in the future. I think maybe the difference is the age that people would just go YOLO since they don't have much time left.
People always feel like they are running out of time hence they spend whatever amount of money they have buying the things they want and for the "experience" while they are still young. However, what they forget is that if you work hard now and invest, you will be able to enjoy those things in the future without having to think if you will still have the means to survive the next days.
This pretty much applies to investing in general and saving money in general. But a huge majority of people aren't really interested in investing (or worse, saving) unfortunately.
True. Many people are not into investing/saving and just want to spend their money on other things which they think would matter more. Thus even it's a wise thing to invest (regardless of how much you can afford), it still depends if the person is interested specially there's still people who are not aware of Bitcoin's existence.Nevertheless, if you value your hard-earned money and would like to gain even it takes longer, why not try to invest? If we can spend our money on leisure, maybe it's time to also allocate funds for investment. Anyway, we have our own way of thinking so it's understandable if we can't please everyone.
If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..
The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
There's nothing wrong in taking some time to enjoy the money you worked hard for like eating in a fancy restaurant, buying exotic cars and jewelries, going shopping or vacations. But it would be rather too bad for such a person to be living for the moment, not considering tomorrow or not having a good investment like real estate, auto sales and repairs etc to support one's exquisite taste. The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
In life there's always going to be challenges and tough times and sometimes it could be that wise decision you took to save for the rainy days, that might be your lifesaver in that ugly situation. Not every money should be eaten, we should cultivate the the habit of saving and investing in profitable businesses.
Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
For sure one main reason for that is people doesn't have financial knowledge or mentor. That once they have some amount of money they would just spend it to a temporary things or unnecessary. Why do you think people despite the fact that they could get rich with the amount of money they received from their salaries? Of course they don't have an idea about investing as they just providing all their satisfaction by just buying things which that feeling wouldn't even last. Investing is really a good as it could secure your future in a long run, also remember that inflation also increases in a long period of time.
You do actually have a point as those temporary experiences, you could still experience them and more financially stable in the future. I think maybe the difference is the age that people would just go YOLO since they don't have much time left.
Well, that's one way to think about it. If you can spend stupendous amounts of money on experience and stuff that wouldn't last you, why not spend over something that will last you for a lifetime, maybe even something you can pass on to your subjects right? It's a pretty skewed concept but it drives the importance of investing and preparing for your future even more which is massive especially nowadays when people are finding it even hard to invest money thanks to inflation, but are not going to think twice about buying the latest iPhone, or going on that trip to Bali on a haphazard budget.
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
Don't get me wrong, I'm not saying you should conduct frugality and become a miser just so you can earn more money, but there has to be a balance and a lack of bias between spending for experiences and nice stuff, and investing for yourself so you can buy more of those nice stuff right?
you have made a good point stating that you invest in what you can benefit from in the future, and the possibility of passing it on to your children, education is one good investment you can eat from its benefit in the future but can not be passed down to your children, aside learning how to read and write education just have its own way of impacting someone's life talk about discipline, creativity and many more, and inflation been around the corner have cost plenty people either in their living or their business, investing in any kind of business in his economy is very risky, the issue of buying an iPhone if it's beyond budget or what you earn is not advisable likewise, majority of people doing thing above their budget is peer pressure want to also do what others are doing, the way the economy and everything is it is better to think twice before making any financial decision.
Great analogy LOL. I think it's definitely true that we tend to be more willing to spend money on things that give us immediate gratification, like food or entertainment. But when it comes to investing in something that could have long-term financial benefits, we're more likely to hesitate.
I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
You are right, many people prefer instant gratification and the risk is something that many are still not ready to accept. I once mentioned bitcoin investment to a close friend of mine, when I said profit he was excited and wanted to invest, but when it came to risk he hesitated and was scared. In the end, he didn't want to risk that money to invest in bitcoin for fear of losing everything, instead he used the money to buy himself an iphone and was very excited about it. Not everyone will think like we do, and it's everyone's right, we won't be able to do anything else. I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
Great analogy LOL. I think it's definitely true that we tend to be more willing to spend money on things that give us immediate gratification, like food or entertainment. But when it comes to investing in something that could have long-term financial benefits, we're more likely to hesitate.
I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
I think the reason for this is that we're naturally risk-averse. We don't want to spend money on something that might not pan out. But the reality is, there's always some risk involved in any investment.
Volatility is the price you MUST pay for a brighter future.
If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here..
The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing
, is this not us indirectly cheating ourselves?
actually it is not only interesting but also inspiring , because he have mentioned it perfectly when after you shit the food and drinks are done , but in bitcoin? even if you hold it for years , it will stay intact and may bring you more return actually .The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing
, is this not us indirectly cheating ourselves?that is the best thing about investing in crypto like this.
The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small".
I agree with this guy's assertion, however you have to understand that just because someone spends a lot of money on food, it doesn't mean they should try to hodl bitcoin because we have no idea how they are running their daily needs or how many people they are feeding. Perhaps there are plenty, in which case you can see that it makes little difference if he spends the money you suggest here on food. I think some people spend a lot of money feeding those around them, some of them aren't even consuming the food they purchased. All they require is for their family to have a nutritious diet. When your family is battling to get enough food, it is impossible to think about investing.
Well I prefer food over alcohol, but I know many of the fellow members might feel disgusted by this idea.
The OP does not necessarily mean alcohol when he says "drinks." There are several beverages available that we consume for our personal benefit. Everyone enjoys eating healthy cuisine, though. We usually plan for everything when it comes to situations like this, but don't forget to provide food for those around you.
This analogy is relevant for people in 1st world countries. Rest of the world don't spend so much on food
Analogies do not really need to be perfect to serve their function, the post quoted by the OP has as a message that if we spend money in all kind of luxuries and we do not think too much about it, then why do so with bitcoin and other potential investments which could in theory be way more beneficial than a luxury good? So even if the amounts are smaller and the luxury goods are different at the end the idea is the same, save some money and invest in bitcoin, maybe nothing comes up out of it, but if it does then that will be money very well spent. 
People often say "Fine words butter no parsnips" to express the importance of food. So spending money on food is an investment in the health and nourishment of yourself and your family.
Of course, spending money on expensive and luxurious food is not always a good choice. As we seek maximum benefit from the money we spend, it is important to use it wisely and sparingly. Sometimes, finding better value food options, like eating at affordable restaurants that still offer quality, is a good way to save money.
Furthermore, if you sacrifice too much for investments and don't meet your basic needs, you are hurting and causing stress that affects your health and quality of life. This is counterproductive because the purpose we make money is to serve ourselves, not to run after money.
Of course, spending money on expensive and luxurious food is not always a good choice. As we seek maximum benefit from the money we spend, it is important to use it wisely and sparingly. Sometimes, finding better value food options, like eating at affordable restaurants that still offer quality, is a good way to save money.
Furthermore, if you sacrifice too much for investments and don't meet your basic needs, you are hurting and causing stress that affects your health and quality of life. This is counterproductive because the purpose we make money is to serve ourselves, not to run after money.
Jump to: