Post
Topic
Board Economics
Re: No where is actually safe
by
DrBeer
on 06/02/2022, 17:04:05 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

This is not an order to act, this is my point of view, which I like and which I consider to be quite correct.
So about the main thing: if you have already decided to do business, or rather create channels for generating additional income, then develop several, independent areas. This is called DIVERSIFICATION. On the one hand, this will reduce the risks of bankruptcy, on the other hand, the "first business" can become a sponsor of the "second business" or a source of subsidies for a new business.