Investment the way to economic stability - page 2.

doomloop

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Quote from: goldade on April 14, 2021, 02:39:08 PM

You can't become wealth by saving up. You can only become so rich when you invest the little you have to bring you even more. Many people don't understand this because they believe investment is risky but it is actually because they don't know the right ones to invest in.
For me, I believe investing in bitcoin yields a good return

Yes, you are coming up with very good point. I agree we must need to risk into something so that we can maximize the possibility of becoming rich rather than simply saving on regular basis. Saving is good but we should invest those saving into something so that it will get chances to multiply those savings. Otherwise saving will remain as same amount and may lose its buying power over the time due to inflation rate.

Usually people hesitate to the risk in investments because they are not aware of good investment opportunities. But after bitcoins, I am making use of it for long term investment by enjoying big returns on regular basis.

goldade

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I believe that I must assume that what you wrote about is that investment is very important as it is the way to economic stability. I actually agree with you.
I can't remember where I read it now but I read somewhere that you can not save your money to wealth. You can't become wealth by saving up. You can only become so rich when you invest the little you have to bring you even more. Many people don't understand this because they believe investment is risky but it is actually because they don't know the right ones to invest in.
For me, I believe investing in bitcoin yields a good return

perfect999

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Quote from: Mr.right85 on April 08, 2021, 09:12:37 AM

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out.

When we talk about investment I think people should understand that it is not all about investing your money in stock and assets, yes that’s part of it, but it should be more than that and there are lots of ways that you can invest your money and it can be in your business, any business that’s going to be very profitable.

So, when we talk about investment it is not just about the gold, and silver and the rest of them, because these ones are not going to be getting you that daily profit that you’re going to need, you need other things and your money needs to be diversified.

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Quote from: South Park on April 13, 2021, 11:08:51 AM

Quote from: Kittygalore on April 09, 2021, 12:13:31 AM

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Making money with money is or at least it should be the ultimate goal of every single person, however make no mistake you are going to have to lift a finger, you're still going to need to know what you're doing and make an effort to see if every single investment that you made is still doing well, however this is a way better outcome than the alternative of working every single day of the rest of your life for someone else and getting paid a misery while you do it.

Yeah that is what most financial adviser and other prominent businessmen says too and it may look trite, it is true because humans are designed to explore not to survive.

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Quote from: FanEagle on April 14, 2021, 03:30:28 AM

Quote from: ?? on ??

You have a point in saying that you don't need to be rich first before doing any investment, investment can be begin with small thing, small amount or just enough money you have just make sure that the company or the project you're investing really has the potential to grow.

Yeah, both rich and poor people need investments so that they could ensure their future more secured regardless of the rate of inflation they may be facing. But, I'm not sure economic stability in day-to-day life could be achieved through investments. Because, stable economy will be only possible from a regular income stream compared to an investment which is returning a good money once in lifetime or once in year and not a monthly basis.

But the best Investment is the place where you can surely double your funds and this comes either Investing in crypto , or investing in real Business In which the best and nothing can Beat form of investing.

Quote

Probably, we should invest in a manner when that investment will be maturing, we could settle down in our life with a business or anything which will be supporting us with a regular income. Yeah, I strongly believe only with regular income stream we could have economic stability and NOT just because of one or many investments and its big returns.

Yeah that is sometimes misleading , you are investing in area when you have no Complete knowledge so the thing is you just Only riding because other people is succeeding but we are not all the same.

FanEagle

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You have a point in saying that you don't need to be rich first before doing any investment, investment can be begin with small thing, small amount or just enough money you have just make sure that the company or the project you're investing really has the potential to grow.

Yeah, both rich and poor people need investments so that they could ensure their future more secured regardless of the rate of inflation they may be facing. But, I'm not sure economic stability in day-to-day life could be achieved through investments. Because, stable economy will be only possible from a regular income stream compared to an investment which is returning a good money once in lifetime or once in year and not a monthly basis.

Probably, we should invest in a manner when that investment will be maturing, we could settle down in our life with a business or anything which will be supporting us with a regular income. Yeah, I strongly believe only with regular income stream we could have economic stability and NOT just because of one or many investments and its big returns.

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Quote from: Mr.right85 on April 08, 2021, 09:12:37 AM

You don't have to be earning $1m before you be rich you can have that amount and if you don't have a good investment platform it's very possible that you'll return to the broke stage you left. The importance of investment is so clear that I get shell shock when I found out many people don't even have an idea about that talk more carrying out. For instance covid-19 took everybody unaware many lost their job, financially people and organization was affected, but let me tell those who had a good investment platform will not be affected that much, many think you need a huge amount of money before they could consider doing investment.
You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.

To make your funds more safer, it must be followed without hesitation. If we can't build a foundation and seeking help from someone who can guide you along the way, I think that very important to do. Once you've become productive with your trading career or an investment became sustainable together with the right person, for sure profit will come unexpectedly and you're going to grow economically.

Twentyonepaylots

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Basically you mean to say that to secure your riches is to invest it. Well you could actually be right, especially if you're not that rich and are at the middle class, with which you will definitely need multiple ways to earn money besides your regular 9-5. But you're definitely correct. the best way to preserve the purchasing power of your riches is to invest it into something that doesn't depreciate very fast, either gold, oil, or bitcoin. Bitcoin stands out because among these aforementioned assets, it's the one that's easily reachable.

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The importance of investing, especially in cryptocurrencies, has clearly shown, cryptocurrencies have very fluctuating price cycles, and thus the investor can in the long term make large profits from this fluctuation, for example if we look at the price of Bitcoin or Ethereum two or three years ago, you will be astonished if you know the extent The huge profits made by those who bought Bitcoin or Ethereum for only 1,000$ dollars at that time.
So I think it is still time to invest in cryptocurrencies, there are a lot of currencies that are still quite cheap and that could see huge rises in the future.

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Investors were not or made by themselves in a day, it take decades and generations to become successful and the stability you are talking. In this 21st century we got more opportunities so the time period was reduced a lot but it is not possible in few months or years. Modern world people never have any knowledge about saving the money and investing them for long term, they just get salary and pay their bills and loan until their life cycle ends.

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Quote from: South Park on April 13, 2021, 11:08:51 AM

~however this is a way better outcome than the alternative of working every single day of the rest of your life for someone else and getting paid a misery while you do it.

besides working hard, we also have to work smart. investing is one way to achieve financial freedom when our physical abilities begin to decline, we must really prepare for this. It is very important to have knowledge of what we are going to invest in, so that we can prepare our steps properly, not just following the trend.

Quote from: SquallLeonhart on April 13, 2021, 01:25:29 PM

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I may convert some of my bitcoins into fiats after one bitcoin will be having more than one million value. Because, I need some other income stream so that I would never need to sell my bitcoin for my day to day life. I am sure that I will regret for spending bitcoins for my grocery needs as what I am spending today for groceries may worth millions after few years.

I thought so too. IMHO, bitcoin is more effectively used as an investment tool and trading commodity, so I prefer to hold or trade it rather than using it as a transaction tool. Of course, other people's views on this matter differ, that's fine, as long as we can maximize the current BTC function and understand the risks.
What is clear, do not miss this good opportunity, sometimes we have to take risks to get a good chance.

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Quote from: Mr.right85 on April 08, 2021, 09:12:37 AM

You can stay with a little but if you can discipline yourself couple with you having a good investment platform that implies you're already planning for Future.
The role of investment can't be over-emphasize, we all should cultivate that habit and most importantly we should read to k or consult an expert so you can be assured you're doing a nice investment.

Good investments? After getting into bitcoin I just forget about that completely. Yeah, I forget to diversify in portfolio as well. A god investment could be defined by terms of return rate whereas bitcoin must be a highly profitable investments if you consider any time frame which is higher than four years. I agree investment will help us to live a smooth like regardless of any economic crisis.

Quote from: Renampun on April 13, 2021, 12:10:47 PM

Cryptocurrency is a global investment that is available to any group if one is willing to learn and believe in crypto. *I really love cryptocurrencies and would never turn to fiat 'lol'

I may convert some of my bitcoins into fiats after one bitcoin will be having more than one million value. Because, I need some other income stream so that I would never need to sell my bitcoin for my day to day life. I am sure that I will regret for spending bitcoins for my grocery needs as what I am spending today for groceries may worth millions after few years.

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Quote from: Streets 2.0 on April 11, 2021, 01:20:01 PM

Against the background of classic investment strategies that were popular before the advent of cryptocurrency, what we are seeing now is a completely different conversation. ICO is already an area where any person, even having a small amount of money correctly calculating everything, can make a fortune for start-up capital, while continuing to invest in this direction, everyone can get the key to freedom, financial stability and independence. And the most important thing is that it will not depend on the origin of a person, or on his race, skin color, or something else like that. This is a great time in which we live!

Cryptocurrency is the best thing that is happening in this modern era...
not only for the rich, the handsome, or the one who has influence. Cryptocurrency is a global investment that is available to any group if one is willing to learn and believe in crypto. *I really love cryptocurrencies and would never turn to fiat 'lol'

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Quote from: Kittygalore on April 09, 2021, 12:13:31 AM

I do agree with the title, .ake money work for you and not the other way around am I right? I think that anything that makes you money without having to lift a finger is the end game of every person or that could only be me, because if you don't worry about money then you will be able to do all the things that you wanted to do that could've been otherwise impossible because you are slaving on that 9 to 5 jobs.

Making money with money is or at least it should be the ultimate goal of every single person, however make no mistake you are going to have to lift a finger, you're still going to need to know what you're doing and make an effort to see if every single investment that you made is still doing well, however this is a way better outcome than the alternative of working every single day of the rest of your life for someone else and getting paid a misery while you do it.

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Against the background of classic investment strategies that were popular before the advent of cryptocurrency, what we are seeing now is a completely different conversation. ICO is already an area where any person, even having a small amount of money correctly calculating everything, can make a fortune for start-up capital, while continuing to invest in this direction, everyone can get the key to freedom, financial stability and independence. And the most important thing is that it will not depend on the origin of a person, or on his race, skin color, or something else like that. This is a great time in which we live!

batang_bitcoin

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An investor during this pandemic could also be an employee that probably has an affected company and had laid him off from his job. But what's good with that, he's prepared and he has already invested early which made him secured even though there's a crisis for a whole year around. This is why as a person, we shouldn't only rely with one source of income and learning to invest is also helping you and your family. As you invest, you're also teaching yourself a lot of things, being patient, being responsible and to keep learning. I agree that you don't need to be rich already for you to invest, this is a very misconception of many people that are in the poverty line.

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Quote from: AmoreJaz on April 10, 2021, 06:29:13 PM

Quote from: Ryker1 on April 10, 2021, 04:25:02 PM

Well, I agree with most --it's better to learn from small as you have plenty of times to fail. Compared to doing shortcuts and losing a lot and of course, higher gravity and higher height fall. That will definitely hurt you until you can’t even survive. I agree that if you can’t grow small, don’t ever think about growing big. The greatest talent of all is building wealth. Because it is something that has to be learning in real life and I really find this thread good.
Investment, small or big is still an investment and so grow, put on the seeds and wait for them to give you what you deserve.

what more can i say, instilling this mindset to your kids will be one good legacy that you can give to them in their lifetime. this will give them the concept the importance of money and investments. small or big, this will teach them how to handle their finances wisely.
it will also prepare you for situations that you may encounter in the future. and if you are prepared financially, this will ease things at your advantage.

Passing the idea from our generation to the new one will be a good thing to do but be aware of the consequences of doing so. Investment breaks the idea that being an employee is a great source of income and is something that will be sufficient for our daily lives. Investment will give you more but will definitely cost you more. The risk is the thing that should always be mentioned if you are trying to convince other people regarding investments because they might not be aware of such thing and will just focus on the probability of earning the profit. Likewise with almost everything, it has its own advantages and disadvantages but I still doubt that it will trigger an economic stability since that is quite of a bigger concern.

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My thinking is inclined to the investment of economy tokens. For a good investment it is required to choose a good cryptocurrency, you must take into account the product it represents. If it is an economy token that is backed by a product under development, you must be patient and invest in the long term. Start for a year if the earnings are as desired. You have chosen a good project that promises a good future.
It is the reason why projects and the participation of winning with staking have proliferated.

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Quote from: Ryker1 on April 10, 2021, 04:25:02 PM

Well, I agree with most --it's better to learn from small as you have plenty of times to fail. Compared to doing shortcuts and losing a lot and of course, higher gravity and higher height fall. That will definitely hurt you until you can’t even survive. I agree that if you can’t grow small, don’t ever think about growing big. The greatest talent of all is building wealth. Because it is something that has to be learning in real life and I really find this thread good.
Investment, small or big is still an investment and so grow, put on the seeds and wait for them to give you what you deserve.

what more can i say, instilling this mindset to your kids will be one good legacy that you can give to them in their lifetime. this will give them the concept the importance of money and investments. small or big, this will teach them how to handle their finances wisely.
it will also prepare you for situations that you may encounter in the future. and if you are prepared financially, this will ease things at your advantage.

AndySt

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Quote from: geegaw on April 10, 2021, 10:37:17 AM

Quote from: (o)(o)ilikeboobs(o)(o) on April 10, 2021, 04:04:35 AM

My parents have always advised me to spend some of my income on gold or try to buy myself real estate. I ignored such advice and became flustered when my work wasn't as smooth as it used to be. Unlike me, my brother already owns several low-value properties but their value is steadily increasing over time.
I am reconsidering my life and trying to save money for a long-term investment with crypto. Hope my choice is correct.

To be honest, the accuracy in this selection cannot be guaranteed because the economy of many here also fluctuates relatively large with crypto, some were probably profit spikes but some were desperate and profits were negative due to the failure, especially the results often come very quickly, a few months to a year. Considering safety, maybe you should use your savings to invest on family advice, at least those two categories won't fluctuate as big as here but a few years of waiting is the least number for good results

I agree, it is worth listening to the opinion of parents and if you want to save and increase your savings, then you should not keep all your eggs in one basket, that is, keep all your savings exclusively in one asset. Real estate and gold may not bring such an increase in value as cryptocurrencies, but gold and real estate have a fairly long history of investment, a very large number of owners and investors, fairly good fraud protection mechanisms and lower risks of price collapse than bitcoin.

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