Re: Whats the fastest way to grow wealth in our present world of digital currency?
Well if we will just consider the quickness of growing wealth, NFT and altcoins are probably the fastest ones in the crypto world that can give you wealth.
On the other hand though, lets not forget that they are the fastest ones too to lose your money. We've seen numerous altcoin projects that ended up as a scam and the same as NFT's. Just a few days ago we saw Squid Game Token ended up as a rugpull. Many of these will be done in the future
.Overall, investing in Altcoins and NFT's are a good investment. Just always do your research always and only invest what you can afford to lose.
One thing we all need to remove from our mind is the greed of getting rich in short duration. Crypto is very risky, even with proper research you end up ending in scam projects. To my best knowledge, it's good to keep major part of your investment in invest in solid coins like BTC, ETH etc. While only 10 to 20% you can invest in new coins or projects like NFT, DeFi. My few staoshi.