Post
Topic
Board Economics
Re: less risk or big profit?
by
Kimonoe
on 14/07/2023, 14:00:28 UTC
Some people may prefer to invest in real estate because they value stability, security, and tangible assets. Others may prefer to invest in cryptocurrency because they value innovation, freedom, and high returns.
choosing a little risk or a big profit depends on how one's situation is. sometimes, someone already has a lot of income, and prefers a small risky investment, so they prefer gold, land, property, and others. I think, it's a good investment. it's just that we have a steady and large source of income and have everything we need. Meanwhile, many people prefer big risks, but with bigger profits, that's because they are still in the business development stage. they are willing to take risks to speed up their financial additions so they can develop their other businesses. This is mostly done by young people, or people who are building their business, whereas small risks are sometimes more often taken by people who already have what they need, or those who are nearing the retirement stage.
a high speculative attitude is needed for those who want their lives to develop, so they must be willing to take risks, but taking risks must be done with careful calculation so that we can minimize these big risks. many people who are successful from the start dare to take risks until finally their income is in accordance with the plan and after that they will certainly diversify into other business fields, so that their business will grow until they finally take safe steps to put their money in such as investing in land