Are you risking investment in other things? - page 9.

Jawhead999

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Quote from: fuguebtc on September 03, 2023, 10:02:18 AM

It's fair to say bitcoin is still riskier when compared to gold or real estate but the returns we can get from it are worth the risks we face. So I don't think it's too much of a risk thinking about the rewards we'll get. Diversifying with other assets is actually not bad, even very good, but that is only for people who are already rich and they need safety rather than profit. But for poor people like us, if we want to succeed, we need to make trade-offs and accept more risks.

I agree with your opinion.

People keep advising to do diversification when someone want to invest in something, but if they only have small amount of money, what's the point of diversification when we will not even get big amount of money in one asset.

I think making mistake is really normal for someone who's trying for the first time, the best is stick with one investment that's the risk and reward level that you able to accept.

CageMabok

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Quote from: bettercrypto on September 03, 2023, 03:23:13 AM

You are right, the problem is that others don't have the capital for the small business they want. But it is said that if you want, there is a way, and if you don't want, you will make an excuse not to do it. Real estate is good if you have the capacity to buy a lot. So if ordinary people are employees who earn enough and just right, they can't afford to do that.

I also very often find facts like that in life because some people who are still lazy to do small business in their life will always have a reason to give to others when someone asks them. But it is precisely the opposite for those who are always happy to try to run any business in their life as long as the business can bring income to them.

Quote

Now, whether a person has knowledge of trading online or not, that is not good from my point of view. Just like we do here in the field, we live in cryptocurrency. In this era, we can't be lazy if we want to have a good future, we really need to work hard for our loved ones or family.

First of all we must be able to work hard for ourselves before we think about other people even if it is our own family. Because if someone is still unable to get rid of his laziness to continue working in life, he will always find it difficult to make whatever progress he wants. Now there are many ways that anyone can do if they want to invest and this doesn't only apply in the crypto space, but you can also invest in other things as long as you have the ability as you said above, namely in real estate. But the crypto space has also become a very good ground now for everyone who wants to increase their income in life.

fuguebtc

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Quote from: terrific on September 02, 2023, 07:48:11 AM

Quote from: fuguebtc on September 02, 2023, 06:14:02 AM

As for me, I am also focusing most of my assets on crypto because like I said, I want high returns. There will be risks but I am willing to start over if my bitcoin investment fails. I really see the upcoming halving or bull season as my biggest opportunity and I don't want to miss it.

I also like high returns, despite of not having much in other assets, I've discovered it years ago that if you hold for a long time in crypto. The risk is higher so the gain is. But we're not on the losing side if the crypto asset you own is BTC.

It's fair to say bitcoin is still riskier when compared to gold or real estate but the returns we can get from it are worth the risks we face. So I don't think it's too much of a risk thinking about the rewards we'll get. Diversifying with other assets is actually not bad, even very good, but that is only for people who are already rich and they need safety rather than profit. But for poor people like us, if we want to succeed, we need to make trade-offs and accept more risks.

posi

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Quote from: Fivestar4everMVP on September 03, 2023, 07:56:03 AM

Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Well, I have not been investing in anything else aside bitcoin and some major and promising altcoins in anticipation for the coming bull run, investing in stock is good but it isn't as promising as investing in cryptocurrencies, also investing in real estate is another major type of investment that is really promising and could make or gain lot of profit for the investor, but then, the challenge or challenges with investing in real estate is that it requires a lot of money, for example, there is no major city where one can invest in real estate with let's say $500, but then in cryptocurrency, one can buy bitcoins worth $500 and still make a profit off it, or can even invested $500 on an altcoin that is still very cheap now and wait for the bull run and make hundreds of thousands of dollars of it if the investor is lucky enough to choose a good altcoin.

We all know that diversification in investments is essential because it can help us minimize risk, but it also depends on the amount of capital we have. I believe that there is no one who doesn't like gold, there is no one who doesn't like real estate, those who say they don't are just lying to hide the fact that they don't have much money. I'm also focusing exclusively on cryptocurrency simply because I'm someone who doesn't have too much money to diversify my investments. But if I make a large amount of money, I will diversify with gold and real estate.

Fivestar4everMVP

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Well, I have not been investing in anything else aside bitcoin and some major and promising altcoins in anticipation for the coming bull run, investing in stock is good but it isn't as promising as investing in cryptocurrencies, also investing in real estate is another major type of investment that is really promising and could make or gain lot of profit for the investor, but then, the challenge or challenges with investing in real estate is that it requires a lot of money, for example, there is no major city where one can invest in real estate with let's say $500, but then in cryptocurrency, one can buy bitcoins worth $500 and still make a profit off it, or can even invested $500 on an altcoin that is still very cheap now and wait for the bull run and make hundreds of thousands of dollars of it if the investor is lucky enough to choose a good altcoin.

irhact

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

There are many things any individual can invest into and we shouldn't have all our investment in Bitcoin or the cryptocurency market because we need to diversify into other assets. Real estate is a good choice but you'll probably need a large sum of money because you'll have to renovate the house that you buy or build on the piece of land that you'll be buying and put up your building for rent or for sale for potential buyer to approach you and you make profit.

We can make investment in personal businesses so we can have income coming in frequently and we won't have to bother our investment so we can hold bitcoin for as long as we want because we have our salary and personal business bringing in money for our upkeep.

lizarder

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Quote from: bettercrypto on September 03, 2023, 03:23:13 AM

You are right, the problem is that others don't have the capital for the small business they want. But it is said that if you want, there is a way, and if you don't want, you will make an excuse not to do it. Real estate is good if you have the capacity to buy a lot. So if ordinary people are employees who earn enough and just right, they can't afford to do that.

Now, whether a person has knowledge of trading online or not, that is not good from my point of view. Just like we do here in the field, we live in cryptocurrency. In this era, we can't be lazy if we want to have a good future, we really need to work hard for our loved ones or family.

To take a good step, use the opportunity in bitcoin to start increasing finances and set targets for how long the investments we make can be developed in the real estate sector. There is no way to develop a business or invest in real estate if you don't have money, the difference is that we can start with a small capital to invest in bitcoin and even though the profits will be in accordance with the capital. This is the advantage of bitcoin over some of the businesses we talked about because people don't have to force investments beyond their financial means.

Growing a business or real estate into more development is not like that and if there is not enough money there is no way to grow. Gradually and if done consistently, Bitcoin can realize your plans to grow business or real estate, it depends on how consistent we are in developing ourselves amidst a lack of capital. If bitcoin can bring someone to a stage of financial improvement, why not pursue that first?

Huppercase

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

What is the point of having another investment in Real estate when the halving is always about Bitcoin, it's only memorable bitcoin event that happened in every 4 years, so if you want the best investment for yourself, it's better you live everything in Bitcoin, altcoins may follow after bitcoin run but it's not a good advice, since bitcoin will have a shake in the market, rest assure that you will make some profits in the market during the halving and after the halving, not guarantee though but we hope that history repeats itself again.

But wait, this is the second time I have read this today about having impact on other investment. Bitcoin has nothing to do with Real estate or stocks nor bonds, they were moving some months ago and been an economic growth, bitcoin was coupled together with their moves but bitcoin is always ahead of them, bitcoin can follow their move when there is good news about the economy but they can't follow bitcoin because of bitcoin price speculations.

Tony116

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Quote from: mamesso on September 02, 2023, 11:28:39 PM

Real estate is a good choice for those who already have sufficient wealth, the price will increase every year and you can get a monthly income if you rent it out to other parties, besides that the risk level of real estate is very small. Most rich people or entrepreneurs have Real estate in various places, they choose Real estate not without reason, Real estate has been proven to be able to withstand all economic shocks including recessions.
Bitcoin. Of course, is an option when you have some money that is not used for other needs. The increasing development of Bitcoin has encouraged some influential people to choose Bitcoin as a place to invest.

Everyone knows real estate is the best asset to invest in, but the problem is how many people have enough economic potential to invest in it. Investing in real estate is only for the rich, and the poor have no chance to own it. Meanwhile, bitcoin is a new asset class with high growth potential in the future, and another great thing about bitcoin is that we can start investing with any amount of money we have. Bitcoin creates opportunities for everyone, including the poor. Bitcoin not only brings freedom to us, but it also brings fairness to everyone who knows how to seize the opportunity.

bettercrypto

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Quote from: KiaKia on September 03, 2023, 03:01:13 AM

I'm running a business which I plan to upgrade as I progress from it, I think everyone should spread out their money and not focus on one thing, because everything has it's coming, there will be times when one will not do so well, the other investment might be ripped enough to help you out.

Real Estate is a good one too but one of the slowest, same a stock, unless you are a good trader, we all know that daily income is very good for someone who has family they care for, so it's bad to rely on one thing, spread your ways of making money so that your future will be much satisfying.

Make sure you know what you are doing, and only invest into something you understand and something you can manage by yourself, the world is in hardest time right now and everyone is looking for an opportunity, if you hand over your business to someone they can start taking advantage of you.

You are right, the problem is that others don't have the capital for the small business they want. But it is said that if you want, there is a way, and if you don't want, you will make an excuse not to do it. Real estate is good if you have the capacity to buy a lot. So if ordinary people are employees who earn enough and just right, they can't afford to do that.

Now, whether a person has knowledge of trading online or not, that is not good from my point of view. Just like we do here in the field, we live in cryptocurrency. In this era, we can't be lazy if we want to have a good future, we really need to work hard for our loved ones or family.

KiaKia

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I'm running a business which I plan to upgrade as I progress from it, I think everyone should spread out their money and not focus on one thing, because everything has it's coming, there will be times when one will not do so well, the other investment might be ripped enough to help you out.

Real Estate is a good one too but one of the slowest, same a stock, unless you are a good trader, we all know that daily income is very good for someone who has family they care for, so it's bad to rely on one thing, spread your ways of making money so that your future will be much satisfying.

Make sure you know what you are doing, and only invest into something you understand and something you can manage by yourself, the world is in hardest time right now and everyone is looking for an opportunity, if you hand over your business to someone they can start taking advantage of you.

dothebeats

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Quote from: Uruhara on September 02, 2023, 10:58:36 PM

Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

For now I'm still focusing on Bitcoin with the money I have. But if we talk about where I have invested. So I have invested in a small part of the property. In fact, I hope that if I have a profit from investing in Bitcoin, I will take the profit and put it back into a larger land property.

But right now I'm also learning something to build a new business that I want to build to be used as passive income in the future. I already have some ideas. It remains only to make preparations. It's just that the current economic situation makes me a little doubtful about the business I am planning. I intend to build a business and I use the income to reinvest. Maybe I should do more research.

That is actually a good system. Just a suggestion though, if you are planning to start a business it is definitely better to plan everything out and ensure that you have the full capital you'll need to start and launch the business. It will surely be difficult for you if you rely on the possible profit you'll get from bitcoin investments without properly budgeting everything. Instead, it is better to have the money you'll need to be onhand so the assurance of actually launching the business is there.

Between business and real estate investment though, I prefer the latter especially if you are still unsure of how your planned business will do in the status of the market this year and how competitive it will be against other businesses of the same industry. However, I do salute your idea and prepared system by trying out various income sources.

mamesso

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Real estate is a good choice for those who already have sufficient wealth, the price will increase every year and you can get a monthly income if you rent it out to other parties, besides that the risk level of real estate is very small. Most rich people or entrepreneurs have Real estate in various places, they choose Real estate not without reason, Real estate has been proven to be able to withstand all economic shocks including recessions.
Bitcoin. Of course, is an option when you have some money that is not used for other needs. The increasing development of Bitcoin has encouraged some influential people to choose Bitcoin as a place to invest.

Uruhara

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

For now I'm still focusing on Bitcoin with the money I have. But if we talk about where I have invested. So I have invested in a small part of the property. In fact, I hope that if I have a profit from investing in Bitcoin, I will take the profit and put it back into a larger land property.

But right now I'm also learning something to build a new business that I want to build to be used as passive income in the future. I already have some ideas. It remains only to make preparations. It's just that the current economic situation makes me a little doubtful about the business I am planning. I intend to build a business and I use the income to reinvest. Maybe I should do more research.

gunhell16

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

In my current situation, with real estate, it is necessary to pay for 6 years, and currently I have only been able to pay for 5 months. I did it for investment. Because the land is known, as the day goes by, the value really increases. Even if it's just a small lot, at least I have a real estate investment.

Although there is also a risk that will not go away because investors like me in this industry also need to be risk-takers, And apart from this,
I also have a small business here in the place where I live, and even though the income is small, mine somehow has a profit coming in. These small businesses that I built also came from what I invested here and what I earned from trading in the crypto business industry.

dansus021

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Yes diversifying I think is necessary Gold is stable but I prefer a Bitcoin but quite sometimes I buy Gold when purchase stuff online and there is a checkbox to round up or payment for gold.

I already tried Mutual funds for a couple of years now because the APY sometimes is better than traditional banks and now some securities have the function of selling our Mutual funds on the same day without hassle.

lastly, I bought stock and quite active for a couple of month and basically stock is the same as crypto but the prices is highly Volatile when there is news comes up and that is but my bigger portion is still on crypto market

Real Estate is highly expensive for beginner Grin

I think the way we invest is by fractional own from program like REIT

xSkylarx

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Right now, Bitcoin is only my investment because this is only what I can afford. I mean, I can buy it in a small size as long as it is what I can afford because I tend to use a percentage of my income and put it in Bitcoin in preparation of halving next year. Also, venturing into another investment like real estate, as you've said, needs or requires enough capital to start, unlike Bitcoin, where you can start small. If ever I do have a chance, I would prefer to buy land and also real estate.

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Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Diversify as much as you can and this is always been the golden rule if you are really that having the plans on having financial success.Although it wont really be a guaranteed but on the time that you do able to spread out your multiple investment which would really be leading into multiple income then you can consider yourself to be successful one. Crypto, Stocks,real estate,physical business or whatever it would be, it doesnt matter which as long it could bring out that profits then thats whats important. The main or real issue on here is on how you would really be gonna be able to do it if your
current capital wont really be that sufficient? The beauty on making out investment on cryptocurrencies is that you would really be able to invest even on small parts or amount.
We know that real estate businesses arent that cheap or really that expensive and thats why lots of people would really be going into those easy ones that they could easily adjust on.

AmoreJaz

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Quote from: harizen on September 02, 2023, 07:50:28 PM

Quote from: Stepstowealth on September 01, 2023, 05:43:32 PM

There is a halving coming next year to which many people who know and have bitcoins have set a target of the amount they hope to have in their holding by the time the bull run begins. I like to know if with this knowledge of bitcoin halving coming, if anyone is investing in anything other than bitcoins. I do not mean alt-coin but things like Real Estate, stocks, bonds etc. I know that Real Estate is good to invest in, but asides real estate, what else are you risking the money you should to invest more in bitcoins on?

Halving doesn't really have a connection to that. It's already common to see that investors want to diversify their investments by putting as much money into considered good and worthy investments and if some of them are crypto-enthusiasts, not just because of halving but they will just continue to accumulate as much bitcoin as they have. Personally to me, I don't have decent money to invest in several diversification which is why the considered options are only limited.

Real estate is not a joke and it requires big money to play with. Maybe the other good options for average investors are stocks or considering opening and starting a real-life business and investment like opening a physical store e.g. food, hardware, shops, general things, etc. or something like a service that is in demand in the community.

For what is the good investment to choose from, refer to the time when the pandemic hits the world and try to research the investment that got boom during that time amid people didn't have enough money to cover and support their daily lives.

if you don't have much money and you want to invest on tangible assets, why not look for gold jewelries? it is easy to store in your home, so long you know how to secure it inside your home. as you can even buy from pawnshop auctions which for me is a pretty good deal. because of course, if you go to real estate, not only money you will need but it would take time to sell it once you need the money. so for me, i can always take a risk with gold items. it will always have a place of value when you badly needed the cash.

Smartvirus

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Diversification doesn’t have to be equated with seasons. Nope, despite the seasons and expectations, having all your investments stocked in a single product or commodity isn’t a best idea.
The idea of diversification is you having yo prepare for the unforeseen or unknown as, your expectations could become a worst nightmare when it doesn’t play out.

Having all your money withdrawn from other investments to buy bitcoin isn’t a very sound idea. If you e hit a good investment in other commodities or products, though it might be slow, you’ve still got some assurances and insurance in case of failures in other investments. Don’t get too greedy about it but ensure you work on increasing your portfolio from generated profits and other spare cash.

Topic: Are you risking investment in other things? - page 9. (Read 1205 times)