Topic: Idea and money are very important to investment. - page 2. (Read 1930 times)

People who have a lot of money do not necessarily have a lot of knowledge.  In fact, there is a businessman who focuses on one area to earn a lot of money, for example, he is in the culinary business, the education he received is not very high but he has experience or self-study and has a strong determination

Therefore, knowledge is very necessary to be able to jump in and invest in crypto.  If you get advice from other people regarding crypto investment, of course you need to learn first, because the amount of money you earn cannot guarantee that you will achieve success in other fields without the knowledge you have cultivated first.

He has money but no ideas, after hearing your explanation while on the flight he found an idea to invest his money. Ideas and money are like sand and cement in building a building foundation, apart from these two raw materials you need knowledge or iron to make a solid foundation. Idea obtained from several orientations that you provide cannot be immediately developed if he does not have the knowledge, he needs a recipe so that the investment runs perfectly.

This is true when we wan talk about business and startup we need both the idea and the money to start with, but their is one thing we also need to understand that the idea for the business is what’s most important and you can have the idea and don’t have the money and you can sell that idea for money, and when it come to business you can have the idea and the other person will have the money which both need to add up in other for them to be able to start up that business it happens like that sometimes.

Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

Actually, money is not everything and those who have special knowledge are able to bring in money with their intelligence because other people need it, meaning they can attract funding. It cannot be denied that it plays a role, but it must have strategy, insight and innovation that drives decision making and of course it depends on the investment landscape.

Actually, money is not everything and those who have special knowledge are able to bring in money with their intelligence because other people need it, meaning they can attract funding. It cannot be denied that it plays a role, but it must have strategy, insight and innovation that drives decision making and of course it depends on the investment landscape.

he gained some ideas from me in the flight that made me to bring this topic, Is there any way someone can survive only in money in a particular investment without acquire idea? Because I know that idea and money are very important to investors.

Both ideas and capital are crucial for successful investments. Ideas guide us towards promising opportunities, while capital makes those opportunities a reality. When these two elements work together effectively, they lead to better outcomes. 

While it's technically possible to achieve investment success solely through money, it requires a vast amount of capital and a significant trial-and-error approach. Spreading your money across many investments might eventually yield a gem, but the probability is low, and you should expect significant losses along the way.

Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

How do you see the importance of having both ideas and money in making successful investments? Share your thoughts!

Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

I was thinking that if you have money you can make a good income from any investment in the world without someone having the idea, until I met one young wealthy man in the flight yesterday and he saw me checking some coins price in my cryptocurrency wallet, and he begin to ask some questions related to cryptocurrency and, I responded to him in a way he begin to show some interest in cryptocurrency investment. Based on some orientation I gave to him in the flight made him to return the money I paid for flight when will got to our destination because, he gained some ideas from me in the flight that made me to bring this topic, Is there any way someone can survive only in money in a particular investment without acquire idea? Because I know that idea and money are very important to investors.

If you have idea on a particular investment, it will help you to follow the straight way that will lead you to some stage that will make you to believe that you are close to your destination of greatness, and if you have money and idea, very easy for you to grow higher in your investment which the two are very important to investors because, you will know the type of business to invest your money which you have the idea that it will bring a good profits to you in the future. Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

Both things must be in part because to key to success is knowledge once you have enough of it to start and strategies all of the things you can now make more money, with the help of money you can now access and increase the number of your networks, that might help you to gain more knowledge and opportunities beside what you have right now and with you can get more than you have now this cycles repeat as always that's why rich people becomes more rich because they learned more a lot to other rich people how to think like a million or billionaire. These two makes you a better person once you have at least but its different if you have them both.