Look for what to invest, not what to eat

xSkylarx

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Quote from: Inwestour on July 17, 2023, 04:29:46 AM

Quote from: Sayeds56 on July 15, 2023, 12:24:50 PM

Eating versus investing is a very interesting and thought provoking topic.In our world, there exists a large population that toils day and night merely to feed enough food to their families. For them the concept of investment seems like an unattainable luxury. It is true that life survival is the foremost priority for all living creatures including humans. However, as human being, we should make conscious efforts to make savings out of whatever we earn, and invest it wisely to foster a hope for prosperous future for our families.

When you are hungry, you will not be able to think of anything else, and money and investments will be secondary. But there are also those who make good money but at the same time spend a lot on food and don't worry about saving and thinking about some kind of investment. All people are different, there are those for whom this is not at all important and such people live a moderate life, there is nothing wrong with that, everyone cannot be investors, especially not everyone will be a successful investor.

That is why others tend to invest when they are comfortable, like when they are not budgeting their money on food, because that is really the reason why you are earning money to have food on the table. If they have spare money, that is where they start investing. You are right, not everyone is successful in investment, but that doesn't mean that you will stop there now. Again, again you will need to fail multiple times before you'll be successful. Just don't surrender and continue to take calculated risks.

Crypt0Gore

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An empty stomach is not something you want to mess with, I will only advise you to put yourself in the shoes of those that are hungry, you will understand after then, it's easier to point finger when you are not in the same certain position.

If you have nothing, the first thing to be fed before anything else is your stomach, that's when you will have time to put your brain at work, reason and think deeply, an empty stomach can't pull this stunt, it won't work.

It's like getting your hands on 1,000$ for the first time in your life and you decide to go and use that to buy land, when hunger sets on you, no one will teach you to sell that land and use that 1000$ to establish something that brings in money first before anything else.

You have to get to a certain place or level in life before you start looking at what to invest your money on, can you feed yourself very well around the clock? Can you take yourself to the hospital when you are sick? And pay your hospital bill? All these are important first and when money keeps flowing in then you can start thinking of buying assets and lands.

It's a shame that many people are still unwise in this today's cruel and harsh world that we are living in, many want to invest and fo things but they are doing it wrong.

Litzki1990

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There is a lot of difference between a normal person and an intelligent person. A common man's thoughts are always common they are earning now and how they are going to live now but smart people think about the present as well as how their situation may be in the future and act accordingly. That is, an intelligent person plans from his present, how he will deal with bad times in the future, or what to do to ensure a good position of the family in the future, in addition to doing well with his family at present. Intelligent people place a lot of importance on saving and investing. They consider savings as a companion of danger and investment as one of the means of future income. But a common man is indifferent in this respect. At least right now I should focus on investing rather than focusing on how well I play or how well I must eat.

Inwestour

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Quote from: Sayeds56 on July 15, 2023, 12:24:50 PM

Eating versus investing is a very interesting and thought provoking topic.In our world, there exists a large population that toils day and night merely to feed enough food to their families. For them the concept of investment seems like an unattainable luxury. It is true that life survival is the foremost priority for all living creatures including humans. However, as human being, we should make conscious efforts to make savings out of whatever we earn, and invest it wisely to foster a hope for prosperous future for our families.

When you are hungry, you will not be able to think of anything else, and money and investments will be secondary. But there are also those who make good money but at the same time spend a lot on food and don't worry about saving and thinking about some kind of investment. All people are different, there are those for whom this is not at all important and such people live a moderate life, there is nothing wrong with that, everyone cannot be investors, especially not everyone will be a successful investor.

siniminomorocomunisakito

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Quote from: Negotiation on July 15, 2023, 05:37:19 AM

There is a need for both investment and consumption so after meeting the basic needs it is better to invest a little for your future. It is true that there are risks involved in investing but choosing the right currency to invest in is less risky. There is nothing to eat here, if you invest less, it will gradually increase. You may get your salary at the end of the month and from this money you spend money in various sectors to run your daily life. If you set aside some portion of your salary, this is your savings. Rather than investing in cash, investing in currencies like bitcoin and holding them will yield better results.

I think what @Uruhara said is not wrong with leaving and placing a few percent of our main income for investment, especially in BTC, I totally agree. But maybe in the context of all the basic needs a person has been fulfilled monthly. However, if you have a low salary, for example as you mentioned, don't increase your debt to invest, especially in Crpto. I think, It's wise that you can live it and don't speculate too high if it's not yet the time. there is always an opportunity if investing especially in the crypto space now.

Ayers

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Quote from: aylabadia05 on July 16, 2023, 09:11:34 AM

Quote from: Ayers on July 15, 2023, 10:35:11 AM

Quote from: aylabadia05 on July 15, 2023, 07:05:21 AM

Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.

If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.

In terms of risk, I admit that Bitcoin is a riskier asset compared to other assets. During its journey from when it first appeared until now, Bitcoin has been able to answer all the doubts of many people. It is in this context that I see Bitcoin as the best investment asset compared to other assets.

How would you determine bitcoin as the best asset? For me, bitcoin is just the most profitable investment, but high returns always come with high risks. We are all investing in bitcoin simply because we want high returns and want to get rich quickly, so we are willing to take risks to achieve our goals. So it would be a bit biased to say that bitcoin is the best investment asset while it has the highest risk.

Quote from: aylabadia05 on July 16, 2023, 09:11:34 AM

Quote from: Ayers on July 15, 2023, 10:35:11 AM

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.

I think we really understand what is the first thing that should be prioritized in this life.
Investing is just another instrument to remember the future.
Crypto investment, Bitcoin is the solution. Investments outside of crypto can be gold, land and other assets.

Bitcoin is an investment solution for many who do not have too much capital to invest in other things but always want to become rich with that capital, myself included. I believe that if someone who has a lot of money and has become rich won't prioritize investing in bitcoin like we do, they won't put all their wealth into bitcoin like we do.

aylabadia05

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Quote from: Ayers on July 15, 2023, 10:35:11 AM

Quote from: aylabadia05 on July 15, 2023, 07:05:21 AM

Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.

If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.

In terms of risk, I admit that Bitcoin is a riskier asset compared to other assets. During its journey from when it first appeared until now, Bitcoin has been able to answer all the doubts of many people. It is in this context that I see Bitcoin as the best investment asset compared to other assets.

Quote from: Ayers on July 15, 2023, 10:35:11 AM

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.

I think we really understand what is the first thing that should be prioritized in this life.
Investing is just another instrument to remember the future.
Crypto investment, Bitcoin is the solution. Investments outside of crypto can be gold, land and other assets.

Vishnu.Reang

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Investment is good, I right time and good investment can totally change our life but we cannot ignore our health as well. Everyone knows that heath is wealth. Without good heath achievement become useless. We should think about our health first before talking about investment and achievements. Health is the biggest wealth for a human being in his/her entire lifetime. One can survive without excess money but can't survive without good health. We can cure it when needed with the help of money.

terencio

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I agree with you that investing in BTC is a wise decision for the future. I think some people are too short-sighted and desperate to see the long-term benefits of holding their accounts and coins. I admire those who started from humble beginnings and worked hard to achieve success in this platform.

Sayeds56

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Quote from: Zanab247 on April 19, 2023, 09:53:23 AM

Look for what to invest, not what to eat

Eating versus investing is a very interesting and thought provoking topic.In our world, there exists a large population that toils day and night merely to feed enough food to their families. For them the concept of investment seems like an unattainable luxury. It is true that life survival is the foremost priority for all living creatures including humans. However, as human being, we should make conscious efforts to make savings out of whatever we earn, and invest it wisely to foster a hope for prosperous future for our families.

FrozenBit

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Quote from: Pejoh Asu on July 15, 2023, 10:17:38 AM

Eating needs are important things to support life, in my opinion it is very difficult to find people who eat only with white bread without anything in order to invest in Bitcoin, especially the temptation to buy or shop now is increasingly difficult to avoid so that presenting favorite food is something that will be chosen before Invest.

It really appreciates this life

Not everyone realizes the potential and opportunities in this market, the immediate factor to survive, sometimes having to admit life has difficult periods to challenge us to grow up more. I remember I used to work as a security guard for a bank, and I didn't have much money to spend, my days at work were quite hungry, and my gratitude goes to an uncle who helped and bought things eat for me, so in life there are different situations if we know how things are going then maybe all of them feel good, lessons pass and repetition helps us have many skills, even knowledge about investment.

ringgo96

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When we do not have knowledge in something even though we have capital or do it without any guidance from others, then this is a big mistake and we will definitely feel the loss, and we will find it difficult to fight poverty so as you said investing will give us to meet the needs of life especially our daily expenses, Now there are many things we can do to get a profit in investing but we must have an account that is connected to the link that we follow, because it is the main capital and needs guidance from people who are experienced in the field.

Uruhara

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Quote from: woez on July 15, 2023, 10:56:18 AM

Quote from: Uruhara on July 15, 2023, 08:15:30 AM

Quote from: Negotiation on July 15, 2023, 05:37:19 AM

There is a need for both investment and consumption so after meeting the basic needs it is better to invest a little for your future. It is true that there are risks involved in investing but choosing the right currency to invest in is less risky. There is nothing to eat here, if you invest less, it will gradually increase. You may get your salary at the end of the month and from this money you spend money in various sectors to run your daily life. If you set aside some portion of your salary, this is your savings. Rather than investing in cash, investing in currencies like bitcoin and holding them will yield better results.

After all the primary needs are met, of course, including the rest in investment is the most appropriate thing. And in order for us to have more money left over, we must get used to living simply and refrain from being extravagant. We must have planning and investment for the future. and it takes discipline and good financial management in this case.

This may sound general, but your advice is good enough and can be carried out by any individual be it me or anyone else. Yes. Planning is deemed necessary and becomes a benchmark for percentages if we want to evaluate ourselves at the end of the year. for example, if we work in a government or private agency, how much money can we collect from our work, either salary or bonuses, and we give it to our beloved wife and family at the end of the year, with a record in a healthy way, of course. Cheesy

Yeah right. By having and carefully planning, we will be able to maximize our financial management. Because we already have the stages that we will complete one by one. We can be more focused on the goals that have been planned and even life will be easier to save money. And besides that we also have to try to have more than one income. Because what we have to collect is not only for savings and investment but we also have to have emergency fund savings. Here are general suggestions and tips. but it is important to do at the basic stage of financial science.

woez

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Quote from: Uruhara on July 15, 2023, 08:15:30 AM

Quote from: Negotiation on July 15, 2023, 05:37:19 AM

There is a need for both investment and consumption so after meeting the basic needs it is better to invest a little for your future. It is true that there are risks involved in investing but choosing the right currency to invest in is less risky. There is nothing to eat here, if you invest less, it will gradually increase. You may get your salary at the end of the month and from this money you spend money in various sectors to run your daily life. If you set aside some portion of your salary, this is your savings. Rather than investing in cash, investing in currencies like bitcoin and holding them will yield better results.

After all the primary needs are met, of course, including the rest in investment is the most appropriate thing. And in order for us to have more money left over, we must get used to living simply and refrain from being extravagant. We must have planning and investment for the future. and it takes discipline and good financial management in this case.

This may sound general, but your advice is good enough and can be carried out by any individual be it me or anyone else. Yes. Planning is deemed necessary and becomes a benchmark for percentages if we want to evaluate ourselves at the end of the year. for example, if we work in a government or private agency, how much money can we collect from our work, either salary or bonuses, and we give it to our beloved wife and family at the end of the year, with a record in a healthy way, of course. Cheesy

Ayers

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Quote from: aylabadia05 on July 15, 2023, 07:05:21 AM

Quote from: ?? on ??

Make sure your family and personal needs are met after that I don't think it's a problem to start investing if there is still money left over,
other than that not always the investment generates profits and it must be considered,
The risks involved must be considered as important.

Bitcoin is an investment asset that has been proven to be able to answer many people's doubts.

Basic needs are indeed the main choice for anyone, but not all of us are in the same category of people regarding financial capabilities.
It's not wrong to take the opportunity to set aside whatever remaining money to put in the Bitcoin investment basket but don't expect returns in a short time.

If you compare bitcoin to other assets, bitcoin is still very young, and its past price increases do not suggest that it will remain so in the future. That's why bitcoin is still considered a riskier asset than other assets, history can't prove and guarantee anything for the future.

There is nothing wrong with using excess money to invest in bitcoin, but it should be considered carefully once we have met our personal needs and already have some savings. An investment can't be more important than savings because no investment can guarantee a 100% return, even if it's bitcoin.

Pejoh Asu

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Eating needs are important things to support life, in my opinion it is very difficult to find people who eat only with white bread without anything in order to invest in Bitcoin, especially the temptation to buy or shop now is increasingly difficult to avoid so that presenting favorite food is something that will be chosen before Invest.

EluguHcman

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There is a vice versa between what to eat(food) and investment

Food is a consumable commodity essential for the livings.

Some grows food by themselves to eat while some buys the food with money all just to eat.
On this note, profiting from your investment would allow you to fit get what to eat if you can't grow what to eat by yourself.

Food as what to eat is any substance consumable by organisms for nutritional support, staying healthy and sustaining lives.
So you really need all that provisions on what to eat could have you to fit in going after after your investment.

While investment is a means of income providing you a desirable and valuables as a possession of wealth for exchanges and services.

Must eat before going for inventory or while finding what to invest on.
Finding what to eat and what to invest is a continual process even after finding them you still continues.

That's the rotational relationship between food and inventory so don't get it twisted.

Furious 7

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Quote from: Betwrong on July 15, 2023, 05:14:50 AM

Quote from: Furious 7 on July 14, 2023, 06:48:48 PM

Quote from: Betwrong on July 08, 2023, 05:46:47 AM

~

Well if we look at the condition of the OP then the analogy is like don't think too much about tomorrow think about a bright future even though if we look closely when we don't think about tomorrow and don't have something to eat then let alone for a bright future, even for the day after tomorrow or one week ahead we don't know if it still exists or not because we are too obsessed with the future lol.
Indeed, in this case there are exceptions if we are still lived by parents but I think everyone here is very mature to just ask parents for food.
Investment is of course good I definitely support that but that doesn't mean we do everything in investment so that just to eat is difficult.

I think before reaching a certain level of income, the income that you don't need to think of how to cover your basic needs, you shouldn't think of investing at all. It shouldn't be like this, "Well, my salary is small, so, I can't afford investing a lot, but I can afford investing $50 per month, so, why not?" No. Those $50 will be taken from your "unnecessary spending", like spending on your entertainment, entertainment of your wife and kids, and you shouldn't just cut that and invest the money. Because cutting on your happiness can cause nose-diving at some point, and we don't need that.

There are several things that cannot be separated in this case where when talking about needs and responsibilities, of course we also have to know and be able to distinguish between primary needs and secondary needs. when talking about responsibilities in the family, it remains the same.
We don't have to sacrifice other needs to make it seem as if Investment is everything. It is true that investment is one of the things that is very good and must be done, but besides that when we become a man who has a family (wife and children) we also cannot put it aside just because of the ambition to invest. Even if the intention is good but when forcing the will it is clearly not good.
Therefore, it is necessary to make some reasonable divisions in this matter so that our daily needs are not disturbed and our investment continues. It is not a matter of how small or large the investment is but how consistent we are in doing so.

Etsuko42079

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Uruhara

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Quote from: Negotiation on July 15, 2023, 05:37:19 AM

There is a need for both investment and consumption so after meeting the basic needs it is better to invest a little for your future. It is true that there are risks involved in investing but choosing the right currency to invest in is less risky. There is nothing to eat here, if you invest less, it will gradually increase. You may get your salary at the end of the month and from this money you spend money in various sectors to run your daily life. If you set aside some portion of your salary, this is your savings. Rather than investing in cash, investing in currencies like bitcoin and holding them will yield better results.

After all the primary needs are met, of course, including the rest in investment is the most appropriate thing. And in order for us to have more money left over, we must get used to living simply and refrain from being extravagant. We must have planning and investment for the future. and it takes discipline and good financial management in this case.

Topic: Look for what to invest, not what to eat (Read 1620 times)