Post
Topic
Board Economics
Re: Take care of your money and learn to save.
by
bangjoe
on 30/06/2024, 18:02:06 UTC
I think many are afraid to go and invest their money because let us all be honest, investing has risks and even if it is generally recommended there are still chances of losses occurring

But they should try to remove that fear because nothing will happen if they don't try to take that next step forward. A brave person is a person with big dreams
Fear when first starting or entering the world of investment is definitely a fear that will always be there for everyone, we should try rather than not try at all. In my opinion, investing is like starting a business, and without spending a lot of money like other expenses, failure is normal. If we don't try, we will never know where we failed. If we want to achieve success, of course we will definitely accept failure. Indeed, investment is full of risks, but if we choose correctly, these assets will certainly bring us profits.
Fear is a natural thing in my opinion where they will always feel anxious, especially when they first invest it will feel very very afraid of losing money.

But there is a difference between saving to save and saving in investment assets, this is a different concept where they will always be better off saving money because they feel that they are safe and the amount does not decrease but if they save in assets such as Crypto, Bitcoin or stocks people who do not understand their knowledge will be very afraid of losing money because the market moves fluctuate and what's worse is that they don't know that saving in fiat is far worse than an investment asset.

Not talking about success or not success but talking about whether or not they will survive the evil of FIAT.