When people talk about risk many quickly point to cryptocurrency and forex as the biggest risks anyone can take. However this mid-year August 2025 was a real eye opener. For example my wife invested a lot of time and money in beans this year but when the market crashed the losses were heavy. This shows that even physical investments can be just as risky if not more depending on the circumstances.
I consider cryptocurrency more as the way of living than just the investment tool, i.e. using it primarily for everyday spending. I personally use several crypto cards (including Wirex) to cover my daily expenses, such as groceries and other retail purchases, as well as for paying for online services. Although my job pays me in fiat, I regularly convert large portion of it into crypto, mainly BTC. By doing this, I become less dependent on market swings, because crypto is my lifestyle rather than speculation stuff.