Post
Topic
Board Economics
Re: less risk or big profit?
by
SOKO-DEKE
on 29/04/2023, 07:00:22 UTC
In some conversations that I have had with some rich people who are old, they most times always say that they invested in real estate and that was how they made some fortune. Young people understand that investing is key and paramount to securing a better future like these Old rich men did then, But the question now is what exactly to invest in for young people. Is it wise to follow in the steps of the old rich men who had investments in Real Estate, or do they completely now invest in cryptocurrency? The answer is sometimes traced to the one that offers the lowest risk and loss of capital.

The less riskier from Real Estate and cryptocurrency is Real Estate, but less risk,, less reward. The risk that come with the higher volatility of cryptocurrency makes the profit that can be gotten bigger. Will you go for less risk, or big profit?


Both types of investments carry some risk, but if we compare them, I'd say investing in cryptocurrencies carries a higher level of risk than dealing with real estate. Now, if I had to choose, I would prefer to choose the less risky option, which is real estate, but given to my  experience in the cryptocurrency sector, particularly with Bitcoin investments, I would prefer to take a chance on the option that could yield me enormous profits because many people have made Bitcoin investments over the course of many years and nothing has happened to the Bitcoin investment and they have profited from  it, Therefore, your decision should also base on your knowledgeable sector not only focusing on comparing of risk only.