i guess the only others option is too invest in those risky HYIP/ponzi, and hope to exit at the best time without losing anything, i don't see many oithers alternative, and there aren't without risk
Its not even an investment to begin with, it is basically surrendering your money to those thief if you are putting in your money into HYIP while there are still tons of other investments available and thats basically stealing from someone else
Bad idea, you dont try to double up what you invest in this case but more likely consider each investment to have an exit plan instead. The simple rules will be
get investment -> get a profit -> exit -> repeat the process
Otherwise you will be swimming in delusion of constantly wanting to get a big chunk of money without even getting an actuall profit for your investment because every investment got its own risk, you might not always get a profit but maybe a loss instead
i agree with this, the only problem is when is the correct time to exit, you will learn it by losing, at least at the beginning
There is no "correct" time to exit this. Basically anytime you got a slight profit about 1 % then that would already be the best time for you to exit thus in theory people are always willing to stay up longer in hope to get much more which actually ends up burning themselves instead.
Thus Of course with a solid investment such as gold and/or real estate /
BTC people tend to stay much longer though since it is meant to stay as a long term investment
You cannot live off long term investments only. The best way to is to combine both. Try to profit from whatever, including pumps from shitcoins, in order to beat the time/money axis and improve your long term investment (the more BTC you have the better for the long term view).
Only when you have a decent amount in your "long term investment bucket" you can leave it resting without touching it. I would say about 10.000 USD is a solid figure to work with long term. Warren Buffet turned his 10.000 USD initial investment into 100.000K in a decade for the Washington Post shares. Similarly, one could have 10K in current BTC price and wait for your goal price. I think with a current 10K investment in BTC, 100K is doable in 10 years if all things go as planned.