Post
Topic
Board Economics
Re: Do you spend more-do you get more?
by
Nwada001
on 22/06/2023, 10:06:55 UTC
It all depends on how you spend it; if you spend more on the right things, you will definitely get a higher return. But if you spend more on the wrong things, what you will get at the end of the day is a huge amount wasted.

Huge amounts of money invested properly in a good business, let's say, for instance, you have a huge amount of money that you want to invest in the stock market or in crypto. Let's take Bitcoin for instance. If I happened to have invested $100 a few days ago when Bitcoin was still at $24,500 and today the price moved to $27,900, that would have given me a profit of $14. But if it was $1000 in which I invested, the profit would not have been $14 but $114, which is simply the spending more and earning more principle.

This also happens in some cases where you could invest more, but at the same time, because of the wrong investment plan, one could possibly lose the entire invested amount.
And if you bought bitcoin for 1000 dollars a few days ago, and the price went not up, but down, then you would not have earned but lost a hundred dollars. The purchase of highly volatile assets has an outcome too unpredictable to be given as an example. Investing in a business can be profitable because you can anticipate costs and expected profits, although this will not guarantee you the expected result, but it will be able to bring you the expected profit.

Already aware of such a possibility; that's the reason for the last paragraph.
There is always a disadvantage in most things that have an advantage, so when thinking about the positive possibility, I don't forget to also think about the negative impact that can come afterwards.