This is what often happens in society. Usually the environment really influences various thought patterns and decision making. Even though this is not 100% all, it is indeed quite influential. For example, if this area is a field for investment on agricultural land, then I am sure that most will do it too. Moreover, if the pioneer of the investor is truly successful and produces a lot of results and profits, then that is what will be seen. And in the end, people will flock to do it too, whatever the outcome may be, it wasn't thought of at the start.
Unfortunately, sometimes what also happens is that if someone wants to invest in new things, then it will become the subject of ridicule and many will not believe it until it succeeds. And look, this happens a lot, and in the end it becomes a very unusual challenge.
especially when we say investing in Bitcoin or other crypto which in fact they can't even hold, then this will also be something that is considered strange and pointless. especially if they haven't seen the results, then they won't believe it at all. This is the challenge for Bitcoin or other cryptos to enter an area like this.
Topic: The choice of investment is dependent on your region of residency. - page 2. (Read 739 times)
June 13, 2024, 04:19:18 PM
June 13, 2024, 04:09:56 PM
Because the scope of investment is broad and indeed we are discussing investment as a whole without being fixated on traditional or modern but indeed I quite agree because it does refer to traditional such as real estate or related to that.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.
So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.
So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.
Basically, the government cannot completely ban bitcoin in any form and there will always be ways for us to invest in bitcoin. The small impacts you mentioned are up to you, if you are a principled, law-abiding person and don't invest in bitcoin just because the government hasn't legalized it yet then that's your problem. Because you can break that barrier at any time as long as you want.
In addition, if you are someone who strictly follows government regulations, you will also encounter more obstacles with traditional businesses, let alone online investments. Do you see businesses, organizations...always looking for ways to avoid taxes or pay as little tax as possible? If a person strictly followed the law they wouldn't do that.
Regulating bitcoin is something that the government will not be able to do because the nature of bitcoin that is contrary to what they developed (decentralized and centralized) makes the government unable to tinker with bitcoin but in the end they can make bitcoin banned and that is 2 different things in the end because banning is different from controlling.
June 13, 2024, 03:29:50 PM
I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.
I can't say anyone as professional crypto investment advisor because literally there is no, most of them just pretending to be via social media and some got lucky due to the early investment just paid off and they are using it as an opportunity to monetize anything that comes in the way. I would respect the decision from a seasoned traditional investors than random guy from online. I'm just saying I am not going to take risk because of someone especially when it comes to crypto.
June 13, 2024, 01:53:17 PM
I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.
benefits us out on adding up our knowledge even more then there would be no sense that you would really be having that kind of gap or considering on making yourself on different spot.
Go with the flow and if its something that benefits you then you should really be sticking into that, it is really just that a waste of opportunity on seeing situations like this
on which you do know that it could really be that something will really be able to help you on what you are currently been thriving or learning.
June 13, 2024, 01:44:54 PM
I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
They are pro, so why not? And who says we will pick randomly? No, but we must only pick those who have the same field as us, so that we are sure that they know what they are talking about. And just because some of them are old, does it also means that they are now weak when it comes to these things? Nah, I wouldn't judge them too early yet.We have old people who are also involved in crypto and in fact, many of them are better than us because they invest on it early and until now they still have their coins. We still can try on our own first and if we think we are doing well, then that's right that there is no need for their help anymore.
June 13, 2024, 07:52:01 AM
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
Basically the ideal level of investment or not is seen from one's ability and perhaps at the decision making stage we will see how regulations regulate this issue in our country. I try to see this problem in the bitcoin environment and in my country bitcoin is legal to run as an investment asset but there are many people who take advantage of people's ignorance to commit crimes involving it. One must understand the level of investment that is being carried out because without good knowledge it will actually make them get unexpected losses.In addition to location, regulations and taxes, we must also consider the effectiveness value of the investment being carried out. Because many people are involved in investment not because of knowledge but because they see other people succeed there. In the end they get caught up in other people's success and try to do it with abilities that are not able to be carried out properly.
June 13, 2024, 06:48:04 AM
Doing your own research will find more effective answers than just relying on answers and thoughts from investment managers, especially here we are talking about the money you have, it will be very dangerous if you put your money in the wrong investment, which is completely wrong you know where it will lead. For this reason, always do your own research and also always update your financial literacy and the latest news about the economy because it really supports the success of your investment.
Carrying out our own research about the investment that we are going to carry out will certainly be better because without research we will of course start something that does not have a plan and also a way to solve problems when carrying out their investment and in terms of finances we certainly have to be really careful in entering into investment and don't let what we have invested not be able to get any profit from the investment. Of course this is never desired by anyone who invests. It's true that by always updating news about the economy, of course we will be able to determine the right and needed type of investment. many people and the most important thing is that we can run it well. 
June 13, 2024, 03:10:03 AM
~snip
~snip
Another fact is, experience is something that can never be bought anywhere which is one of the important thing needed to become successful not just in crypto but in any sector.
Maybe that formula helped them succeed, but that doesn't mean that when we apply that formula, we will also be as successful as them. Indeed, experience is something we need to get by experiencing it ourselves and cannot be bought no matter how much money we spend. That's why I believe there is no general formula for success and each person will have their own path to success. Don't try to imitate or copy anyone, but find your own path to success, which is also the reason success is never easy.
Many people even spend time and money to buy and read hundreds of books about getting rich, and participating in enrichment courses. By that action, we only enrich others, not the way for us to enrich ourselves.
June 12, 2024, 09:03:07 PM
For doing business and business investment first of all one has to consider the needs of the people of his area market system natural environment time etc whether he is a newbie or an experienced businessman. Because the environment which can vary from place to time and location affects all business activities. Therefore according to the type of investment, the market demand should be considered in the investment which is considered as one of the determinants of business success.
June 12, 2024, 05:29:24 PM
If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster irrespective of the region of residency.
Let's discuss!
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster irrespective of the region of residency.
Let's discuss!
I would say it's not necessary, professional investment advisors don't know your specific interest of investment and they maybe an old school investor who don't know the real potential of crypto investors so I suggest do your research on your own instead of giving the decision making to someone else because you only know what you want and how much your risk tolerance than anyone else.
Doing your own research will find more effective answers than just relying on answers and thoughts from investment managers, especially here we are talking about the money you have, it will be very dangerous if you put your money in the wrong investment, which is completely wrong you know where it will lead. For this reason, always do your own research and also always update your financial literacy and the latest news about the economy because it really supports the success of your investment.
June 12, 2024, 01:08:10 PM
The choice of investment is dependent on your region of residency
That's definitely true and I can confirm this from my own experience, compared to friends of different regions, everyone is different when it comes to the way of investing money.
First, when it comes to me living in 3rd world country, it is very hard for me to save some money for investment, the salaries here are very low and not sufficient to afford your day spendings or to keep some money for investment.
Second, while my friends living in other countries, they have salaries where they can save some money and afford their spendings.
Conclusion, to invest money you first need to have enough money for your spendings and taxes. The remaining money, you have a choice to spend it else where or you invest it in something else up to your region.
It is sad to say that the condition of our country is not different from your country, inflation is very high, and daily expenses are so high that a salaried person is forced to take a loan at the end of the month. In this case, it seems impossible to think about saving and doing business, and besides, if someone has money, then first of all, you have to see what is legal and what is not, if you are such a professional or if you adopt a job which is not legal, then the government makes your life miserable and you go further down, you can even lose your life savings, so it is true that every country's trade is domestic.That's definitely true and I can confirm this from my own experience, compared to friends of different regions, everyone is different when it comes to the way of investing money.
First, when it comes to me living in 3rd world country, it is very hard for me to save some money for investment, the salaries here are very low and not sufficient to afford your day spendings or to keep some money for investment.
Second, while my friends living in other countries, they have salaries where they can save some money and afford their spendings.
Conclusion, to invest money you first need to have enough money for your spendings and taxes. The remaining money, you have a choice to spend it else where or you invest it in something else up to your region.
I can only hope for a better future and hope that the hardships we face are not the same for the next generation, otherwise, as many people have emigrated from this country and made their fortunes. Our generations will have to leave here as they have settled in other developed countries to build a future. The government should think about it and understand that such situations are not only harmful to the people but also to the government and the country. That country can never develop, so the government should provide such facilities and reduce inflation to a minimum.
June 12, 2024, 04:25:13 AM
Paying attention to the region can indeed be a good point because after all, when talking about investment, it is definitely the long term that is glimpsed so that we must see what the potential or future progress is like so as not to make the wrong choice .
Looking for experts and listening to advice is also actually not too bad to do, it's just that if it feels too burdensome, actually I think when we look for ourselves carefully and take into account all the conditions and risks that we will have later, actually it can still be done without having to look for experts and ask for their advice.
Today we have wide access when we talk about the internet so by looking at the advantages that exist in terms of infrastructure today we only need to be serious about our intentions and goals so that in the end our choices do not cause us to get lost in the future.
Looking for experts and listening to advice is also actually not too bad to do, it's just that if it feels too burdensome, actually I think when we look for ourselves carefully and take into account all the conditions and risks that we will have later, actually it can still be done without having to look for experts and ask for their advice.
Today we have wide access when we talk about the internet so by looking at the advantages that exist in terms of infrastructure today we only need to be serious about our intentions and goals so that in the end our choices do not cause us to get lost in the future.
That is only true if we talk about traditional investment and business, areas where we need to have a business base and need potential customers. But when it comes to online investments like bitcoin or stocks, regional factors are not relevant or a barrier to our investments . Even if you come from a country that bans bitcoin , there are still ways for you to get involved in investing in them . I agree with what OP said but like I said, it's relevant when we talk about traditional fields.
In addition, when deciding to invest or business , it means we need to have in-depth knowledge about it and be confident with our vision. Don't just look to experts and advisors for advice because they may not understand better than us . What they give us is only advice from books and theories , even if they have never experienced it .
But actually for online investment this is also a little influential because however the environment and the region can be an obstacle to investing online given the current conditions as we take an example to invest in bitcoin because not all regions or all regions can be in bitcoin especially for those who are bitcoin legality is still a problem because until now there are not a few countries or regions that still do not allow bitcoin even to become a commodity.
So in this case even though it doesn't have a big impact but in the end this can also have an effect considering that this relates to government regulations in the place where we live.
Basically, the government cannot completely ban bitcoin in any form and there will always be ways for us to invest in bitcoin. The small impacts you mentioned are up to you, if you are a principled, law-abiding person and don't invest in bitcoin just because the government hasn't legalized it yet then that's your problem. Because you can break that barrier at any time as long as you want.
In addition, if you are someone who strictly follows government regulations, you will also encounter more obstacles with traditional businesses, let alone online investments. Do you see businesses, organizations...always looking for ways to avoid taxes or pay as little tax as possible? If a person strictly followed the law they wouldn't do that.
June 12, 2024, 03:45:08 AM
I definitely agree with you that the most important aspect of investment depends on the area you live in and your surroundings. Oftentimes, however, investing is a personal matter for you. That is because the sector of investment that one wants to invest in can be determined by him alone. But the place of residence plays a very important role in investing.
A conducive and safe environmental atmosphere also makes us comfortable and enthusiastic about staying and doing activities for a long time because we feel protected from potential/unpleasant conditions due to safety. Moreover, the area where we live has good economic growth, so there will be many small businesses that we can do to increase the amount of our investment.
June 12, 2024, 03:27:27 AM
I disagree with you OP, our religion does not affect our choice of investment in anyway as long as the that environment or locality needs such services or business. That is the main reason why when people are looking for a ,space to build an investment example real estate or a firm. They make sure they have made necessary enquiries about the location and how people in this location would respond to that services. Investment and business is build based on the need to satisfy more people so people who really need your services must be in that location so that when you start you will need to stop such business because of lack of customers. Although with time development makes things change, even when there are less people over there who needs the services development brings up changes and people will began to come.
June 12, 2024, 03:11:27 AM
OP, it all depends on the type of investment or business that you are venturing into. For example, real estate needs good location and region to make good profit. Bitcoin miners need a bitcoin friendly country to carry out their mining operations.
Investing in digital assets, buying of shares for a big company, gold investment and many more does not need region or location before your investment will run smoothly because they generates profit for you based on how much you put into it. Another thing is a company that is into production, location and region does not matter for your to sell your products, but it is how durable and reliable that your product is that will attract customers to it. Apple company is not in my country but almost all the youths are crazy about iPhones and they are using them, and many more.
Investing in digital assets, buying of shares for a big company, gold investment and many more does not need region or location before your investment will run smoothly because they generates profit for you based on how much you put into it. Another thing is a company that is into production, location and region does not matter for your to sell your products, but it is how durable and reliable that your product is that will attract customers to it. Apple company is not in my country but almost all the youths are crazy about iPhones and they are using them, and many more.
June 12, 2024, 02:47:12 AM
The choice of investment can be dependent on your region of residency. Different regions have different economic conditions, regulations & market trends that can influence the suitability & profitability of certain investments. Industries like real estate, tech & energy may thrive in one region but face challenges in another. Also tax laws & investment incentives can differ between regions impacting the overall return on investment. It’s important to consider local factors & seek advice from professionals familiar with your specific region when making investment decisions.
June 12, 2024, 02:00:33 AM
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
Indeed, many things depend on the environment and the kind of community we live in, we all live in different conditions and have different opportunities at our disposal. And although the choice of investment depends on that, I also think that the choice for investments is much bigger actually. The Internet is full of possibilities and things that were previously not available to the majority of the population are now within reach. Cryptocurrencies have brought all this even closer to the common man, now it is much easier and simpler to move funds on the Internet and enter into various investments.
So, in this modern world, it's not wise to be "trapped" when it comes to investing. There is the Internet, and I think that changing the place of residence should not scare people. More than ever people travel and change cities and countries... it's so normal today and I believe much less complicated than in the past.
June 12, 2024, 01:33:17 AM
The kinds and choice of investment that anyone may propose to venture into, as a newbie or as an oldie, could be adversely affected by the place they live in or their region of residency.
While any investment could involve the strategy of diversifying into other investments because of managing risk and having smooth returns, It may involve multiple or even single investments across various asset classes that may be equities, bonds, securities, commodities and tokens as well as various sectors like Real estate and other geographic regions.
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster irrespective of the region of residency.
Let's discuss!
While any investment could involve the strategy of diversifying into other investments because of managing risk and having smooth returns, It may involve multiple or even single investments across various asset classes that may be equities, bonds, securities, commodities and tokens as well as various sectors like Real estate and other geographic regions.
The kind and the choice of investment, is often a product of the current environment where one lives in. Hate the place or love it, one may be faced with the challenges of multiple tax systems, regulations and currencies that may pose a threat to ones investment goals and it could also be different and more favourable in another region or new location where one intends to settle or may consider ideal to live in.
If one intends to make a first time investment into any venture,
it is always wise to seek professional advice from experts and brokers who can help you plan, execute, and manage ones investments into any area, so that one would attain their investment goals faster irrespective of the region of residency.
Let's discuss!
I agree that location plays a role in investment choices. For instance, if you live in an area with many universities, investing in student housing could be profitable. Students often need places to stay, and not all universities offer dorms. Plus, since they're temporary residents, they're less likely to buy property.
As for seeking professional advice, I think it's smart to research whether you need a broker or an advisor first. In my opinion, advisors are generally better for those who don't know much about investing. Advisors focus on the client's best interests, helping them build a portfolio based on their goals, time frame, and risk tolerance.
Brokers, on the other hand, have a narrower focus. They mainly recommend specific investments and may not always have your best interests in mind. They can offer advice, but they might steer you towards certain investments that benefit them more than you.
June 11, 2024, 06:33:38 PM
In addition, I admit that my neighbourhood is my main target market, I used to sell various foods, clothes and cosmetics.
Your target market should really be where you are located.If you are doing business this reduces the cost that you have to exert in delivering or distributing your products or services. Not to mention the inconvenience it causes. If for example you are selling food and you’ll have to deliver somewhere far away, it may go bad. So the target market should start where you are.
June 11, 2024, 06:20:39 PM
The environment sometimes likes to joke and discourage in pursuing a career, especially stocks and digital investments are still new to the countryside as I experienced, at first I believed that any investment could potentially be broken and made me confident and this investment was worth considering, but over time they were silent and I continued to pay off my investment.
In addition, I admit that my neighbourhood is my main target market, I used to sell various foods, clothes and cosmetics. Digital sophistication made me focus on online and ignore the neighbourhood, I mean if I add opportunities among my real life of course the income will increase even though it is not similar to what I am good at but there is material to consider if the percentage is good even with a small survey. I supply their goods/products, maybe capital turnover. For me, I don't need to convince them that they don't want me but they can also be my target market to earn money.
In addition, I admit that my neighbourhood is my main target market, I used to sell various foods, clothes and cosmetics. Digital sophistication made me focus on online and ignore the neighbourhood, I mean if I add opportunities among my real life of course the income will increase even though it is not similar to what I am good at but there is material to consider if the percentage is good even with a small survey. I supply their goods/products, maybe capital turnover. For me, I don't need to convince them that they don't want me but they can also be my target market to earn money.
Jump to: