Post
Topic
Board Economics
Re: You cannot eat your cake and have it
by
Bosx1ne
on 06/12/2018, 06:21:00 UTC
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.
People who want to make investment with cryptocurrencies should double think if they will really do it. They should invest what they can afford to lose because it is really risky to make investment with cryptocurrencies.