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    Author Topic: Am I Too Broke To Own Bitcoin?  (Read 822 times)
    uneng
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    December 30, 2023, 09:08:28 PM
     #21

    The problem here isn't to be unable to hold Bitocoin. The issue is that you have too much debt in your life, what forces you to get rid of your Bitcoin holdings to pay for it. You have to manage your finances and organize yourself in a way you decrease your monthly expenses, so you will be able to start holding Bitcoin tracing long term goals for your coins.

    Your wage isn't that bad. 3000$ monthly would be the heaven for many people in the world. It would be the final solution for many of our problems and the possibility of achieving many of our dreams, but for you it's not enough... Then I guess even if you had a higher income, it wouldn't be enough, anyway, because the problem in your case is how you (don't) organize your expenses and not the flux of money coming in.

    I don't want to be nosy, but since you are sharing your story on this forum, I feel like I have right of doing so. You have to talk to your wife and make her understand you need her help in the task of decreasing debt, spending less money and saving some portion of monthly income for investment reasons. Make her understand you are doing it for your family, and not only for yourself. It will be a positive and impacting measure for both of you. While you don't do this, I fear it won't be possible for you to invest in BTC, so have this talk and make a decision for your life as soon as possible.

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