Topic: You cannot eat your cake and have it - page 9. (Read 1614 times)
I tried to acknowledge this argument. The answer is if you want to have cake and eat it, be ready to fill bigger shoes.
Well, that's true bit let's also not forget that no condition is ever permanent. You either get worst or better and even when you get worse, you'll surely recover fully fit than before only if you don't die.
Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.
This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.
I'll talk about myself:
When I joined the forum I did not know the forum. after months I realized that it would be very difficult to have bitcoin using faucets, that's when I had the idea of selling my things to buy bitcoin, yes I sold a lot of things and bought bitcoins and I do not regret doing it. but of course I do not think it's right to sell house and car to buy bitcoin unless the person has many houses and cars
I understood nothing, could you be clearer?
I agree that no one should make loan to buy cryptos
When I joined the forum I did not know the forum. after months I realized that it would be very difficult to have bitcoin using faucets, that's when I had the idea of selling my things to buy bitcoin, yes I sold a lot of things and bought bitcoins and I do not regret doing it. but of course I do not think it's right to sell house and car to buy bitcoin unless the person has many houses and cars
Honestly, I've been in this position. and don't want to fall back to the same hole.
I understood nothing, could you be clearer?
Borrowing money or trading is very stupid and inmature.
I agree that no one should make loan to buy cryptos
The mantra about people not investing more than what they can afford to lose, has been repeated 1000"s of times on this
forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto
investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend
all your savings to buy these cakes.
forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto
investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend
all your savings to buy these cakes.
Yeah, people never learn from others mistakes, rarely from their own, and listening to the unknown peoples' advise... Well, tell me if that ever happened.
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
I am totally agree with you. Investing is not easy it is good to those people who are always taking a risk. Its right to invest what you can afford to loose so that you will not got be frustrated or depressed, because it is really depressing to lose lots of you many in a snap. Investing in crypto is good but you need to think it twice or trice before you do a step to invest. Be wise in investing always put that on your mind.
I agree with you. it's not a good way. but it must be admitted that there are some people who have great luck out there. should not be an example. because luck cannot be resisted with any skill. Honestly, I've been in this position. and don't want to fall back to the same hole.
The mantra about people not investing more than what they can afford to lose, has been repeated 1000"s of times on this
forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto
investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend
all your savings to buy these cakes.
forum and also on other platforms, so the people that ignored this advice and still sold valuable assets to fund Crypto
investments are just greedy individuals. You can eat all the cake you want, just leave some for the future and do not spend
all your savings to buy these cakes.
This advice should be treated very seriously with no exceptions, whether it's a bear or a bull market. Borrowing money or trading is very stupid and inmature.
Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.
if I see some other articles and information, know this is the right time to invest because this year is the year when bitcoin falls in price
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
It is quite a pity that in spite of several warnings about this, so many people appeared to have turned deaf ears. They just can't here. They kept making same mistakes and continue to cry foul. Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
The idea to invest borrowed money in volatile coins seems to me absolutely stupid, because it is impossible to guess the market trend!
High risk high return but unfortunately people only thinking high return and seems ignore the risk but after they were trapped then usually most of them are regret their decission and i think at here we are talking about the greedy of majority people that most people are too greedy without realize investing at cryptocurrency is very risky even i have to says this kind of investment type is more risky that other investment tool
Isn't anything considered an investment. Even if you keep your money in fiat the government could collapse or hyperinflation could happen which would leave your money worthless. A house is an investment, gold is an investment, you get my point.
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
Maybe at a particular time, the eating of your cake and still having it was somewhat functional at a time ago (last year) in the world of cryptocurrency. But you dare try that this time around and have your hands really burnt! The market noe isn't giving room for any get rich quick schemes. You now have to really plan and strategize properly before taking any important step in investment.
Investing is like playing cards. Sometimes you go all in and end up changing your life for the better or for the worse. Of course you can't have a cake and eat it but an investing doesn't equal eating the cake! Investing is turning your capital into something else like a company or a house. A house can break down, a company can go bankrupt, there's always a degree of risk. If you put all your money in Bitcoin a year ago you'd be able to buy a bigger cake now.
investment is the ability where we must make the most of opportunities and risks that arise so that we can get maximum benefit, the loss problem is a natural thing because before you are sure to make an investment you must be ready to lose your capital first because it is the worst risk in invest (not only in crypto currency)
There is a popular saying that invest only what you can afford to loose. Some people are making the mistake of investing all their life savings into crypto and other ventures. Some people even went as far as borrowing money or even using their properties as collaterals to borrow money so as to invest into crypto. This is a wrong idea and it might cost you a lot.
Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
If you invest more money than you can afford to lose in anything not just bitcoin than you are doing a big mistake.Every investment has its risks. So consider the the risk involved by taking each step at a time and do not jump in once.
You can't also afford to pay for stuff if you do not have money, there has been a spree of "credit card" debts in the world however the world is getting more and more expensive whereas wages are not getting higher and higher which means there are more and more people who spend money they do not have to actually stay alive.
Even one big spending they have no control over (surgery, fire, insurance whatever) and they are in big debt. Hence, do not do that same mistake while investing at least.
Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.
This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.
Well, in the bull market, I suggest everyone around me to maximize their investment by borrowing or by taking loan from bank. But it is not a good time to invest in crypto currency now. If you invest now with borrowed money, you will lose more than money. The time will come.
This is a dangerous advice. You shouldn't suggest anyone to invest in anything using borrowed money. That's just against investing 101. No matter what the trend is, invest only with spare money.Talking about the time, I think the opposite is the better one. Investing during a bull run is pump chasing and it puts yourself in a risk of buying at the top. You don't know whether the bull market will continue. Meanwhile, buying during the bear market is buying "cheap" coins. By ladder buying during the bear trend, you will get significantly lower average buying price, likely close to the bottom, and that translate to huge profit once the market is turning to bullish.
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