Post
Topic
Board Economics
Re: Where should I invest?
by
kro55
on 14/12/2022, 09:00:58 UTC
There is no doubt that at this time we must invest to improve the future, do not focus on active income because when we cannot work then we will regret, investment does not need to wait for us to be rich or have a lot of money, we can start with a small value for example $ 100 Then we add according to our abilities.

And good investment today is Cryptocurrencies because of the opportunity to continue to increase.
My investments have been put on hold because there are no funds left. All I want now is to find a job with a steady income. Now investing without losing money is equivalent to making money.

My advice to you is that you should invest in nothing until you get your income levels in check. You shouldn’t even be bothered about investments out you haven’t got a steady source of income(preferably several sources of income). Before investing, you should always come to terms with the fact that you could get zero on your returns on investment as there are always risks.
Never use money meant for other things to invest in some “special project” hoping to get some huge profit. I’m most cases, these special projects tend to end up being worthless. It’s always safe to have several sources of income so if your investments ever go down the drain, it wouldn’t be the end of the world for you.

Yes, it is true, investment is not always profitable, let's take into account the case that we lose and potentially lose all the invested money. And cryptocurrency is a riskier market with high volatility and scam projects flooding the market, this is not a market that can make us rich overnight.
Don't invest when you don't have any other income, don't invest with borrowed money, invest with idle money, and it doesn't affect your cost of living. This is a basic principle that is repeated in all markets, never take it lightly.