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Author Topic: Buy Buy Buy or Sell Sell Sell?  (Read 102051 times)
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January 30, 2025, 05:52:29 AM
Merited by JayJuanGee (1)
 #3221

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.
Increasing your source of income does not mean that you are to take from the little that is not enough for you to set up a business, that's funny and impossible to achieve because you don't have enough. Increasing your source of income means you should get a second means of income which is a second job, so that you can use the income of your second job as your discretionary income to invest in bitcoin or use it to increase your weekly DCA amount for aggressive buying.

If a new investor wants to wait till he has several means of income before investing, he might end up not investing when he did not have the opportunity to get other sources of income which becomes a useless excuse. If you have little discretionary income, you can start investing right away and during your investment, you look for means to increase your income which is very possible and important as a long-term bitcoin investor.

R


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January 30, 2025, 08:13:34 AM
 #3222

Some people's Bitcoin purchase goal is to keep it for decades, this is cool, just pray that you do not have any financial issues, that should be enough to be the fuel/willpower needed to take your eyes off it.
You are giving priority to prayer instead of relying on proper planning and proper steps to avoid financial problems! LOL Grin.  You are a bit like those school students who, instead of preparing for exams the whole year, pray just before the exam so that they can pass the exam and also rely on prayer during the results. 
See who is replying, just like a child!!! Grin Your reply is nonsense, just as your assimilation is nonsense for emphasising what's not there, as usual, @JayJuanGee falls for it. Perhaps, you should read my post 100 times as a child you are, you might know what the word "prayer" used in that context means. Learn English and get busy!

For me I don't see anything wrong with @EarnOnVictor mentioning prayer in his statement.
Don't mind him, I'm used to and laugh away the likes of him who leave the real gist passed but reply to the least relevant part. A sensible person would know that the "prayer" used in that context is the same as "hope." Some people are hopeless in just reading and replying to excerpts from one's posts.


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January 30, 2025, 08:30:10 AM
 #3223

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

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January 30, 2025, 08:59:26 AM
Merited by JayJuanGee (1)
 #3224

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

Smoking, drinking and going out for party is not a bad habit unless you are always getting your self drunk all the time, that one is investing into Bitcoin doesn't mean we shouldn't enjoy our self remember you are investing with your discretionary income that is your leftover income after you might have sought out your personal needs and you are also investing according to your discretionary income don't go and invest in a way that it will affect your personal living since you will investing for a longer period of time because the money you are using for investment is money you won't be needing for long, as a smoker or some that drink you will definitely set money aside for all this because our body is not fire wood we are meant to enjoy our self but know our limit.
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January 30, 2025, 09:30:28 AM
 #3225

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.


We don't know what will happen in future so people should prioritize first to level up their income stream while investing on Bitcoin since this will play huge role in future especially that they are dealing with long term investment with Bitcoin.

I'd also choose to stop those bad habits like smoking and other things you mention so that no money will be wasted then those extra funds will be used to add some volume and provably that this is more beneficial to us in long run plus we became more healthier and profitable in future.

There's lots of opportunities online to earn money and its up for people now to grab those opportunities they they can discover or presented to them.

R


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January 30, 2025, 09:32:30 AM
 #3226

Some people's Bitcoin purchase goal is to keep it for decades, this is cool, just pray that you do not have any financial issues, that should be enough to be the fuel/willpower needed to take your eyes off it.
You are giving priority to prayer instead of relying on proper planning and proper steps to avoid financial problems! LOL Grin.  You are a bit like those school students who, instead of preparing for exams the whole year, pray just before the exam so that they can pass the exam and also rely on prayer during the results.
For me I don't see anything wrong with @EarnOnVictor mentioning prayer in his statement. Everyone will respond according to his believe. When a person says 'i pray this don't happen ' doesn't mean the thing is sure to happen or not. But it's a way of saying 'let's hope this don't happen' believe me or not wether we like it or not we are not free from unforseen circumstances which may likely occur at any given time which may even claim life or make a person sell all his belongings. or natural disasters like flood, fire outbreak,  earthquake or land slide. can  attack you, and leaving you with nothing than to sell your Bitcoin to survive. So we can't deny that fact. Example, the fire outbreak in California that happens recently is an example of unforseen circumstances which has render many homeless and will require most of the Bitcoin investors there to sell their Bitcoin and start a new life which they never planned for such. So noattee how you plan, sometimes you don't know what the future Hodls, that why we pray not for problems to occure.


I think you are understanding the point wrongly, no body says that prayers is a bad thing or it's not necessary, no, pray is very important in man's life, even when things are good you pray so that they enemy wouldn't come to sow tides.
The thing is that while praying you need to work and put the right measures in place for things not to go wrong, because even the bible says that faith without work is dead.
So in Bitcoin investment, you need to have an emergency funds and a source of income so that when the rainy days comes, you wouldn't have to fall back to your investment for survival.

Then as for what happens in California, that's a natural disasters that is out of our control, this is why you are praying not to be in such location as at that particular time, so in essence of what am trying to say is that in as much as you are praying, anything within your control, do it well and leave the rest that is out of your control to God.

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January 30, 2025, 09:33:45 AM
 #3227

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

The alternative income sources we review are basically those that we generate from one source, in most cases you need to finding the sources and it is not easy at all. It is true that we will have to make Bitcoin for the future, if we have a discretionary income and if that amount is at least $10, it will be a great start. Yes, you will have to put in the effort to increase the source of income, you will definitely have to meet the needs of your family.

Rather than confusing investors by recommending multiple sources of Bitcoin it is advisable to continue to deposit regularly through small accumulation. Inevitably, many may have to rely on one source most of the time and at the same time feel the need to save Bitcoin. I will go against your extra discipline because I will not cut down on the essential family needs to accumulation Bitcoin what I will do is maybe reduce cigarettes or minimize a portion of travel or other unnecessary expenses. I think it's easier to make Bitcoin in the long run for those who have made Bitcoin integral to their routine and integral to their family's daily expenses.
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January 30, 2025, 03:15:11 PM
 #3228

Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

Buddy it seems you're getting the whole thing about one increasing his or her source of as they are actively in Bitcoin investment wrong, I think this simply means investor making sure that they have more than one source of income to help them to either to keep increasing their DCA level and also scale through easily without having the thought of selling prematurely or discontinuing their investments in a short while.
Though I understand what you meant but that's not what one increasing his source of income means, you dont need to tamper the existing money that's meant for the said investment to set up other source of income because if you do that,, you may miss the whole process and you know what that means, rather we are talking about seeking for different upgraded source of income that will help you as an investor to invest more and hodl for a long-term with any form of change of mind halfway.


 
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January 30, 2025, 04:22:36 PM
Merited by JayJuanGee (1)
 #3229

Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

When we talk about having diverse source of income while investing in bitcoin, it does not mean that you must have to use your own money to fund another source of income. There are those of us that works for people and get paid on weekly or monthly basis and the nature of the job might give you the time to also look for other jobs to substitute the one you already have. For instance, you can have a job that has 4 working hours or a day in and a day out, so those free time can be used to find another job that will also be fetching you some money coupled with the initial one you already have.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures.

This is wrong. Even if you have only one source of income, you are good to start your bitcoin investment till you get another job or source of income and never use because you want to get another source of income and over labor yourself such that it will now look as though you are stressing out a lot while trying to meet up with your bitcoin investment. Even someone who has only one source of income can be successful provided they apply good financial management practices that will guide them while they are making investment in bitcoin.

Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

What's the need of bringing digital assets to this discussion, i don't fucking care about any digital assets that is not bitcoin and if it is bitcoin you are trying to merge with digital assets, i suppose you should have just talked about bitcoin specifically. But nevertheless, having an alternative source of income is not a guarantee that you won't be tempted at some point to sell unless you have to discipline yourself in a way that until you have met your target of accumulation, you won't be tempted to sell.

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January 30, 2025, 04:38:30 PM
 #3230

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

Personally, tea is a basic need in my family because we drink tea everyday and it's always part of our budget. Maybe, in your house there are no children, if not you wouldn't say tea is a bad habit because tea is nutritious and drives cold. However, what is a basic need to me might not be to someone else.

Things that are your wants are irrelevant and you need to avoid them, if you are fun of them. If you drink beer everyday, you can drink once in a week during the weekend if it's compulsory that you must drink. You have to take very good care of yourself, so that you will be healthy to work and get other means of income as you are building your bitcoin portfolio, so that you can increase the amount that you arw using to buy bitcoin and invest aggressively.

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January 30, 2025, 06:56:01 PM
 #3231

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.
Personally, tea is a basic need in my family because we drink tea everyday and it's always part of our budget. Maybe, in your house there are no children, if not you wouldn't say tea is a bad habit because tea is nutritious and drives cold. However, what is a basic need to me might not be to someone else.
Things that are your wants are irrelevant and you need to avoid them, if you are fun of them. If you drink beer everyday, you can drink once in a week during the weekend if it's compulsory that you must drink. You have to take very good care of yourself, so that you will be healthy to work and get other means of income as you are building your bitcoin portfolio, so that you can increase the amount that you arw using to buy bitcoin and invest aggressively.
I will never agree to change my habits for investment. There may be some habits that we should generally avoid, I am not against avoiding them. But I will not like to struggle with the habits that keep me mentally fresh or have no social restrictions. From my point of view, tourism, drinking tea, sports and recreational activities are like basic needs. Because, to be mentally healthy, you also need to fulfill these needs. To be mentally healthy, everyone has different needs, fulfilling them is part of your basic needs. Physical health alone is not enough, but mental health is also needed, but you have to take care that those needs carry morality, otherwise it is better to avoid it not for investment but as an honest person.

For investment or to increase the amount of investment, I will focus more on increasing the source of income. If you have to invest in yourself to increase your income, then it will be a good thing to do. Investing in yourself to upgrade yourself may be the right step rather than investing in Bitcoin with scarcity. This will increase your chances of increasing your income and provide additional funds for Bitcoin investments.











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January 30, 2025, 07:31:37 PM
 #3232

Some people's Bitcoin purchase goal is to keep it for decades, this is cool, just pray that you do not have any financial issues, that should be enough to be the fuel/willpower needed to take your eyes off it.
You are giving priority to prayer instead of relying on proper planning and proper steps to avoid financial problems! LOL Grin.  You are a bit like those school students who, instead of preparing for exams the whole year, pray just before the exam so that they can pass the exam and also rely on prayer during the results. 
See who is replying, just like a child!!! Grin Your reply is nonsense, just as your assimilation is nonsense for emphasising what's not there, as usual, @JayJuanGee falls for it. Perhaps, you should read my post 100 times as a child you are, you might know what the word "prayer" used in that context means. Learn English and get busy!

Talking about the difference between prayer and action is not a bad point.  Word-choices have consequences and sometimes can end up sending messages that might not have had been intended by the writer.

I will agree that sometimes some member, including but not limited to yours truly, will sometimes blow our interpretation out proportion and even sometimes end up going out on a bit of a tangent in order to make some side point that might not have had been the intention of the writer to bring up such topic.   Part of the nature of forums like this (and threads like this) is to bat around ideas, and we are not always going to agree.  We are not always going to understand or agree with the interpretation of the sender, and sometimes we are going to misunderstand.  For sure, some members are more accurate, more credible and more genuine than others, yet it might not always be recognized/appreciated by one or two posts.

For me I don't see anything wrong with @EarnOnVictor mentioning prayer in his statement.
Don't mind him, I'm used to and laugh away the likes of him who leave the real gist passed but reply to the least relevant part. A sensible person would know that the "prayer" used in that context is the same as "hope." Some people are hopeless in just reading and replying to excerpts from one's posts.

We are not always going to agree on interpretation, and surely many of us likely already know that preparation (and action) can be quite powerful as compared to strategies that involve waiting and even blindly swinging and hoping that everything works out.  Even if you, EarnOnVictor, were not referring to blindly swinging or situations in which guys fail/refuse to sufficiently/adequately prepare, your post still ended up triggering that kind of a response from Shadiq and followed up  by me to show that I considered Shadiq's response to highlight some decently good points, even if both he and I might have had misunderstood your deep down and supposedly true intentions.

[edited out]
A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.

I doubt that anyone has to change their habits, yet there could be circumstances in which people might proclaim that they don't have any or they have low levels of discretionary income, yet we might likely notice that they have some discretionary income, and they make choices how to spend their money.  Sure, some folks might choose to spend their money on some things rather than other things, yet at the same time, they might also proclaim that they don't have any discretionary income, when it in fact appears that they do have discretionary income.  They are just defining discretionary income in a way that is different from  how someone else might define discretionary income.  Nothing wrong with that.  People make choices, and sometimes they truly might not have any discretionary income and truly folks who have more discretionary income will have more abilities to invest into bitcoin, yet they still would need to choose investing into bitcoin in order to benefit from their advantage of having higher discretionary income than another person.

Part of the idea behind discretionary income is the idea of having choices in regards to how to spend it, and surely there are a lot of people who have very little discretionary income and there are some folks who do not have any discretionary income.. but at the same time, some folks might have more discretionary income than they had thought that they had, yet they might be ranking their preferences differently, and perhaps there might be some folks who have options to work 40 hours, yet they purposefully choose to work 20 hours per week and to earn less income.  People surely have the right to choose those kinds of matters, and sometimes the reason that people choose one kind of balance versus another kind of balance is not very clear to an outsider, and surely there are people who have way more disadvantages than others, so they may have to work 40 hours or more to earn an extra $100, and another person might ONLY have to work 1-2 hours in order to earn an extra $100. There can be ways that people can increase their advantages, yet sometimes there may be some folks who are limited and/or trapped in regards to how much they might be able to increase their advantages.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 31, 2025, 12:41:45 PM
 #3233

I think that instead of reducing your expenses for investing in Bitcoin, you should focus on increasing your income. To start investing, you need to make sure that you have a prudent source of income. Are you able to meet your daily needs with your income source? Keep in mind that there is no shortage of daily needs for investment. Be it in the field of entertainment or furniture. If you call these unnecessary and exclude them from the list of daily needs. If your income source is unable to meet all your needs, then you should look for an alternative source of income. Yes, you can reduce some expenses that are hurting you or unnecessary money beyond your needs. However, depending on this money, it may not be the right step to start investing.

The main basis of investment is the source of income. If you are not prudent with your income, then you need to look for alternative sources of income. If your income source is shaky or weak, then your investment will be at risk in the long run. You certainly don't want your investment to be at risk or subject to unexpected sales. So, planning to invest with any kind of gap in demand may not be the right plan. You need to have a strong plan for your investment, especially with regard to your income sources.
Speaking about increasing our source of income you know that doesn't happen over night. Even the Bitcoin we invest in the ROI doesn't happen immediately. We have to wait and usually this waiting period is always a long one.  Assuming someone who wants to invest in Bitcoin chooses to increase their source of income it inevitably means they will still have to take from the money set aside for the investment to create a new source of income which we all know might not yield profit immediately as well. Infact the chances of the new source of income survive might be 50:50 especially if proper time to nurture the new income is lacking.

In real sense before anyone will think of investing in Bitcoin they should have other sources of income. Even if it's not sources a single source of income should be fine as well provided it will take their attention away from their Bitcoin investment until it matures. Digital assets can come with so much emotional drama and all and if there are no another means of earning money then temptation to sell will want to set in and this takes extra discipline to conquer.
Increasing your source of income does not mean that you are to take from the little that is not enough for you to set up a business, that's funny and impossible to achieve because you don't have enough. Increasing your source of income means you should get a second means of income which is a second job, so that you can use the income of your second job as your discretionary income to invest in bitcoin or use it to increase your weekly DCA amount for aggressive buying.

If a new investor wants to wait till he has several means of income before investing, he might end up not investing when he did not have the opportunity to get other sources of income which becomes a useless excuse. If you have little discretionary income, you can start investing right away and during your investment, you look for means to increase your income which is very possible and important as a long-term bitcoin investor.

Have you thought about the fact that some people's income is barely enough for their immediate responsibility or family requirements. Advocating for Extra income which will contribute to discretionary income is the best approach to improving your DCA. A person who earns the amount which is not even commiserate with your family requirements definitely need an additional income to boost DCA.

Bitcoin investment is supposed to be strictly on discretionary income and by DCA because no one would like to loose his bitcoin reserve due to emergencies that could still be handled by normal basic income just because of your interest in investing in bitcoin.

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January 31, 2025, 12:47:27 PM
 #3234

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.
Personally, tea is a basic need in my family because we drink tea everyday and it's always part of our budget. Maybe, in your house there are no children, if not you wouldn't say tea is a bad habit because tea is nutritious and drives cold. However, what is a basic need to me might not be to someone else.
Things that are your wants are irrelevant and you need to avoid them, if you are fun of them. If you drink beer everyday, you can drink once in a week during the weekend if it's compulsory that you must drink. You have to take very good care of yourself, so that you will be healthy to work and get other means of income as you are building your bitcoin portfolio, so that you can increase the amount that you arw using to buy bitcoin and invest aggressively.
I will never agree to change my habits for investment. There may be some habits that we should generally avoid, I am not against avoiding them. But I will not like to struggle with the habits that keep me mentally fresh or have no social restrictions. From my point of view, tourism, drinking tea, sports and recreational activities are like basic needs. Because, to be mentally healthy, you also need to fulfill these needs. To be mentally healthy, everyone has different needs, fulfilling them is part of your basic needs. Physical health alone is not enough, but mental health is also needed, but you have to take care that those needs carry morality, otherwise it is better to avoid it not for investment but as an honest person.
Things like pleasure (tourism etc) can be forfeited for investment, expense for it can give you a good investment (bitcoin) that can make you tour better. Success often comes with a price, whether it's time, effort, or sacrifices. It's about being willing to invest in yourself and your goals, knowing that the rewards will be worth it in the end. Sometimes to achieve financial success and build wealth, sacrifices and cutting out material tthings and pleasure, which we can cope without it are necessary. Sometimes, it requires making tough choices and changing routines to set yourself up for success. Those adjustments though maybe uncomfortable at first but can lead to financial stability when those investments pay off, the fun it brings is the freedom to enjoy life more fully. Being able to travel, pursue hobbies, or even just have peace of mind knowing you’re financially secure can be incredibly rewarding.
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January 31, 2025, 03:23:58 PM
 #3235

A person who wants to invest in Bitcoin must be able to increase his source of income properly to invest. And immediately that person will try to reduce his extra expenses and meet his basic needs. You should note that if a person has bad habits, he will have to give up smoking, tourism, drinking tea, all these bad habits. And from here, at the end of the month, the money to add $ 10 to $ 20 to Bitcoin will come out.
If that person can increase his investment by $ 10 to $ 20 at the end of the month, it will increase several times at the end of the year, not only if he has a thought of increasing his source of income, but he will have to use some strategies to meet his financial needs. In this way, a person will be able to invest more actively and accumulate more Bitcoin.
Personally, tea is a basic need in my family because we drink tea everyday and it's always part of our budget. Maybe, in your house there are no children, if not you wouldn't say tea is a bad habit because tea is nutritious and drives cold. However, what is a basic need to me might not be to someone else.
Things that are your wants are irrelevant and you need to avoid them, if you are fun of them. If you drink beer everyday, you can drink once in a week during the weekend if it's compulsory that you must drink. You have to take very good care of yourself, so that you will be healthy to work and get other means of income as you are building your bitcoin portfolio, so that you can increase the amount that you arw using to buy bitcoin and invest aggressively.
I will never agree to change my habits for investment. There may be some habits that we should generally avoid, I am not against avoiding them. But I will not like to struggle with the habits that keep me mentally fresh or have no social restrictions. From my point of view, tourism, drinking tea, sports and recreational activities are like basic needs. Because, to be mentally healthy, you also need to fulfill these needs. To be mentally healthy, everyone has different needs, fulfilling them is part of your basic needs. Physical health alone is not enough, but mental health is also needed, but you have to take care that those needs carry morality, otherwise it is better to avoid it not for investment but as an honest person.
Things like pleasure (tourism etc) can be forfeited for investment, expense for it can give you a good investment (bitcoin) that can make you tour better. Success often comes with a price, whether it's time, effort, or sacrifices. It's about being willing to invest in yourself and your goals, knowing that the rewards will be worth it in the end. Sometimes to achieve financial success and build wealth, sacrifices and cutting out material tthings and pleasure, which we can cope without it are necessary. Sometimes, it requires making tough choices and changing routines to set yourself up for success. Those adjustments though maybe uncomfortable at first but can lead to financial stability when those investments pay off, the fun it brings is the freedom to enjoy life more fully. Being able to travel, pursue hobbies, or even just have peace of mind knowing you’re financially secure can be incredibly rewarding.

This poster shows an image to proclaim the possibility that 5 years of pain could bring 50 years of freedom (prosperity)...

Surely, it is not guaranteed that the freedom/prosperity will happen from 5 years of pain, but surely there can be some advantages to buckling down early and for a short period of time and then see if that buckling down ends up contributing to a much better place after something like 5 years of purposeful discipline.

What a Bullrun
Job not finished yet.


Everyone should learn to continue in such a way but there is no alternative to patience.

1) Self-Custody is a right.  Resist being labelled as: "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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January 31, 2025, 06:35:35 PM
 #3236

It has been long that i have been in this forum and I'm so glad that I'm back again, engaging in Bitcoin investments in a long term is the best investment and not have the bad habits of selling your Bitcoin coins prematurely or it is good to have some strategic plans concerning your financial that you will not use all your money to buy Bitcoin then later run you will go back to your investment to sell up your Bitcoin when it is not due for sell.

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January 31, 2025, 09:23:31 PM
 #3237

The problem many people face is determining when the prices are low enough to indicate a buy and high enough to decide that selling is the best choice.
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January 31, 2025, 10:04:58 PM
 #3238

All that you said here is quite ok too me, but I just want to talk about the bold words in your statement here, though prayer is important in a man's life, but you need to know that prayers without working toward achieving your goal wouldn't produce any good result, that's why as you are praying make sure you have a source of income and an emergency funds so that you wouldn't falls back to your investment if any emergencies arise, so prayers alone without doing the right thing will be meaningless
It becomes true because if only prayer alone then it will not mean anything considering that there are other important things that must be considered, namely effort in the sense that we must be able to manage our finances properly which of course must have a source of income first in addition to learning about bitcoin because in the end of course this is also a thing that should not be overlooked because after all, even though prayer is a must for some of us who have religion but effort also needs to be a little more enhanced so that the results become maximum and optimal.

When we have done that and are indeed in bitcoin seriously then surely the longer we will understand what we really need to do in bitcoin because indeed we become aware of many things such as risk, management, strategy and much more that we can indeed take but that we can only get when we are seriously in bitcoin by continuing to try to learn how bitcoin works.

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January 31, 2025, 10:59:54 PM
 #3239

It is all about discipline, it is all about determination and it is all about your goal. Some people's Bitcoin purchase goal is to keep it for decades, this is cool, just pray that you do not have any financial issues, that should be enough to be the fuel/willpower needed to take your eyes off it.  I also advise Bitcoin investors to keep their eyes off the chart, they can make mistakes with that, so checking it once a month or quarterly is okay. If you trust Bitcoin, why not buy and leave it like those who leave their stocks for years, if not decades?

A long term bitcoin investor make plans for emergency funds in case they run into any financial situation that could have led them to selling their bitcoins to attend to that situation but since they already have funds they have kept for any emergency need, it will no longer be a problem to them. A long term investor has no business with monitoring charts, all what they are concerned about is making accumulations at different intervals, that is for someone who is still accumulating using the DCA strategy. They already know the target they have for their investment which will make them become more disciplined to wait until their investment ripe before they can take profits from it. Those who have strong love for bitcoin can hold as many years to want to hold it without selling.

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January 31, 2025, 11:02:48 PM
 #3240

The problem many people face is determining when the prices are low enough to indicate a buy and high enough to decide that selling is the best choice.

From your write up are you instigating we wait for a dip before we can start accumulating, waiting for the price of Bitcoin to dip before you buy will delay your growth and is not a good investment strategy because you may wait and wait in vain so to avoid that why not use the DCA strategy.
From what you are saying you are talking about trading waiting for the price to come down you buy when it goes up you sell, this strategy will not give you any good return and you can lose your money easily, I will advise you go into Long term Bitcoin investment because volatility that makes traders lose money won't affect you and being consistent and patient by holding for 10 to 20 years will give you a more better profit just imagine those who started accumulating and holding Bitcoin since Bitcoin was $10k till date, Bitcoin still has more potential and will keep growing.











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LLBIT
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 TH#1 SOLANA CASINO 
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[
[
5,000+
GAMES
INSTANT
WITHDRAWALS
][
][
HUGE
   REWARDS   
VIP
PROGRAM
]
]
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PLAY NOW
 

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