Post
Topic
Board Economics
Re: What are people who focus on making money like?
by
milewilda
on 01/03/2025, 10:45:27 UTC
The main purpose of someone investing is for them to get money, no one invests without targeting anything, it doesn't make sense at all. However, what makes the difference is that some have prepared it well from the start, some have not done that and there is also a difference in the capital they bring at the beginning. Everyone has the opportunity to invest, but not everyone can be patient and bear all the risks. Because no matter how promising crypto investment is, it does not mean that investment here is without risk.
Yes, investing certainly has risks that will be faced, and of course expecting a greater return, that is the main goal of investing, but again it all depends on someone to start it, the need for patience is what needs to be applied in investing without it it is difficult to achieve what you want, but we have to focus, especially with crypto investments that require broad insight.
You have a good point, everything has some form of risk associated to it and so does investing  too. So, understanding the risk and acting to mitigate them is very important and even one of the most important thing to do in the process of investing. One way I have decided to go about mitigating such risk is to keep the bulk of my investment in Bitcoin alone and just a little fraction in other things. This is because of my trust in Bitcoin which is not going to disappear any time soon like many other cryptocurrency do and cause people to lose their entire fortune. 
Even speaking about Bitcoin investment then there's no such thing about having no risks and despite that solid trust then always be considerate that there's no guarantee on everything and this is why risks management would really be that still relevant. Focusing on making money will really be that ending up on different approach on different person because we do have different set of skills and the level of knowledge on which results and outcomes will really be that different to each other. This is why we cant be able to draw up some conclusions that money making method by other people or on where they do get income or extra isnt something bad. We are all sharing up on the same target or goals on which is to make money on which being that financially free and having no problems when it comes into this manner. Its normal that we will really be focusing into earning because we wont really be able to survive even on having no money to buy your own food, how much more if you do have your own family? You would definitely be that making up yourself finding up on different ways or methods as long you can be able to earn then that what matter most. There are really just that those individuals who do really ends up on having bad decisions in investing just because they've been that impatient towards on the things that they are really that currently dealing. Everything does needs up that proper analysis and knowledge for you to be able to have such advantage.