How do you manage to hold on to your investments when you are very broke and need to survive?

[Fidelia]

Some of us have put money into several investment programs and probably have a target of yield before we take profits. And sometimes, we end up touching that investment by selling them off when we are broke and in dire need of money.

How do you manage a situation where you have some money in either crypto, stocks or gold and you are very broke at the moment to even survive? Would you sell off your investments and survive or?

 

[Kross]

Anyone that wants to really be successful with investment should have a good source of income to survive with first.

 

[eLdavis]

In cases like this, it all boils down to self discipline. You will definitely come across situations where things would be hard but you just have to discipline yourself and look for other ways to survive.

 

[King Belieal]

In cases like this, it all boils down to self discipline. You will definitely come across situations where things would be hard but you just have to discipline yourself and look for other ways to survive.

How would the person had survived if that money was not there. Sometimes, it is just the hope that we have that money that makes us not explore other ways.

 

[Springtime]

If you are nearly broke and have no money, even for survival, I think there is no choice but to sell off your investments, unless you can manage to borrow money from someone or financial institutions.

 

[Min George]

It is only someone that has overcome food and other basic necessities that should invest unless you would always be doing the back and forth.

 

[Augusta]

Well, it is to sell some and leave some. it is not to sell all at once. You just have to be logical while trying to sell your investment

 

[Trush Jodie]

Well, it is to sell some and leave some. it is not to sell all at once. You just have to be logical while trying to sell your investment

That could be a logical approach. And then one also tries to replace the ones sold as soon as they have money to invest back.

 

[Fidelia]

It is not easy to invest as a struggling person. I tried it back then and I ended up selling all the investment for personal needs.

 

[Augusta]

Well, that was the whole essence of the investment in the first place. if it can help me in my present predicament then why not. I would sell them and reinvest again

 

[Suba]

Of course, when we broker and need to survive, especially if we have no income, we will automatically sell investment instruments, be it crypto, shares, gold or property.

 

[King Belieal]

This is a real test of endurance. If one is sure that the investment would pay off, they better borrow and survive first.

 

[Xtynehappy]

One can therefore easily manage that when they tend to forget that they have an investment portfolio on the exchange and seek to assistance from alternatives.

 

[Kera]

Investments are not for survival but meant for building wealth. Find other alternatives. You can only sell your investments for a emergency situation like serious health challenge.

 

[Xtynehappy]

One should really switch to the alternative sources of money to sought up their financial needs for sure.