Quote from: Sticky Bomb on June 08, 2025, 10:00:56 PM

Quote from: Die_empty on June 03, 2025, 11:42:32 AM

Lessons
- Diversify your assets. Don't invest all you have in a single asset.
- If you are investing in real estate, let your properties be in different locations. My friend's father lost all his property because they were in the same place.
- insure your assets and businesses. Insurance can help reduce the effect of a loss.

Diversification is really good. It helps us have some more security on our investments. Putting all your eggs in one basket isn't entirely good at all, and that was the case of your friend's loss. I love a mix of physical and digital assets so as to create some kind of balance in my investment activities. Real estate appreciates, at least I've seen lands bought very much cheaper appreciate in price more than 20 folds.

Having different types of investment helps you to escape any disaster in future if there are attacks or losses and just like you have stated, you shouldn't hope on investing in one thing when you can separate your investment into different places like having a physical investment and a digital investment like investing in Bitcoin.

Investment done in Real estate is also good since lands appreciate with time but choosing land investment you should choose a good location because for lands to appreciate the level of development of the place where it is situated is a major factor.