Post
Topic
Board Economics
Re: No where is actually safe
by
AicecreaME
on 01/12/2021, 06:57:31 UTC
Many are living their businesses to turn to crypto with the mind of joining the trend and with the way crypto investment is been hyped lately many just feel its actually one of those easiest way to make money online and the funny part is most of them dive into this opportunity without any formal knowledge about how the system works.

I will say crypto isn't a safe Haven and there is no 100% guarantee in crypto investment although one can attest to the fact crypto isn't ponzi but yet it's not just an easy adventure its an ever learning business option that could be passively yielding and at the same time bankrupt yielding depending on ones approach.

If crypto was that easy to go by we would have had more than half of the world's population living very comfortably not giving much concern to their economic data any longer. But the truth remains crypto investment is more difficult compared to manual businesses

There isn't really a hundred percent safe place for you to store your assets that could guarantee you a huge profit in a short span of time. Everything takes time. An investment needs time to mature may it be in crypto or other investment vehicles. If someone offers you easy and big return of investment in a snap, probably it is a form of scam. Do not be fooled because there's no such thing as that right now, most especially that we are in the middle of a crisis. Having a profit in investment is not an overnight process. If you want to invest your hard-earned money in crypto, then expect your money to generate profit after several years. If you want a fast profit, then do trading or scalping. Go for the short-term if you want to see your money gaining instantly. Or you could do both if you have the means. That way, you will see how long and what it takes to make money both passively and aggressively.

If you want more than what I mentioned to secure your future, then you can opt to invest in other investments as well that are trusted and reputable. You can also try to put up some sort of business if that's your thing. Or you could hustle using your passion while doing crypto to have other money-making alternatives. You see, we have to have many streams of income to be financially independent someday. Sticking into one income-generating source won't guarantee us to be financially stable in the future.