Most people feel that real estate Business is risk Free, but i want to make it clear that every Investment/ business is not risk free rather thier level of risk differs. And this flood issue have made real estate Business more risky than we thought, though thier are some certain areas that is always safe during flood so this are the areas that we are supposed to be looking for and not swampy areas. But in all I would admit with what you said about diversification even though your first choice of investment is to invest into real estate but we should not forget to look into other business/ Investment to avoid one particular point of failure.
After properly nurturing a stable source of income, if you feel that you have enough wealth, then you can take diversification in business strategy as a strategy. If you want to be the best, then you can rise to the top with a best investment source. In the digital asset market you can find many other currencies besides Bitcoin, thats can make you attractive offers. But if you want to reach the top to be financially profitable then try to keep Bitcoin as a long term investment and accumulation in line with your income.
yeahYeah, totally makes sense, building a stable income first is key before thinking about diversifying or chasing bigger gains. in crypto it’s true there are lots of altcoins that can give nice returns,
some of them even move faster than bitcoin so people get excited, but keeping bitcoin as a long term hold is smart since it’s more stable and
cantends to grow steadily over time. the
trickkey is balancing accumulation with smart risk in other assets while making sure your main foundation stays solid
.
Also, it’s important to stay patient and not get caught up in fomo, even if some altcoins pump hard quickly. the ones that last usually have strong fundamentals and community support. so a strategy could be keep stacking bitcoin regularly while exploring other opportunities carefully, diversify a little without risking the base. over time this approach can build serious wealth and still give you exposure to the high-growth side of the market.