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?
Slow and steady wins the race, as they say. It might be better to acquire wealth and knowledge of how to keep it over time than to try high risk gambles with your money, possibly get very lucky but then lose it all again later because you think you have a special skill instead of it being blind luck. Building wealth brick by brick can, like buying small amounts of shares over a long time, can be important for building a strong foundation to your finances. That being said, it's a lot easier to try and fail when you're younger, because you have more time to rebuild.