Post
Topic
Board Nigeria (Naija)
Re: Invest what you can afford not what you can afford to lose:
by
bigvilley
on 10/09/2024, 10:54:19 UTC
One good rule of thumb is to always treat investments in high-risk assets, like meme coins or highly volatile projects, as money you’re comfortable losing. On the other hand, investments like Bitcoin, real estate, or even starting a business, if approached with a sound strategy, can be a much more stable way to build long-term wealth. The key is to find a balance that doesn’t overextend your finances and keeps you in control.