Post
Topic
Board Economics
Re: The choice of investment is dependent on your region of residency.
by
lizarder
on 13/06/2024, 12:52:01 UTC
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
Basically the ideal level of investment or not is seen from one's ability and perhaps at the decision making stage we will see how regulations regulate this issue in our country. I try to see this problem in the bitcoin environment and in my country bitcoin is legal to run as an investment asset but there are many people who take advantage of people's ignorance to commit crimes involving it. One must understand the level of investment that is being carried out because without good knowledge it will actually make them get unexpected losses.

In addition to location, regulations and taxes, we must also consider the effectiveness value of the investment being carried out. Because many people are involved in investment not because of knowledge but because they see other people succeed there. In the end they get caught up in other people's success and try to do it with abilities that are not able to be carried out properly.