Investing in crypto, whether it's time and or money, is still a high-risk deal. This is why I'm trying to branch out more into other types of investments.
Never put all your eggs into one basket. You might have a bad time.
The most logical idea.
It is also possible to invest in the stocks of companies. I've seen people investing with borrowed money. And some of them lost most of their money. 😔
if you invest in something that is a sure thing over a long period of time and have the patience for it, it's almost impossible to lose. I think most people who lose money either didn't invest in solid things or were impatient and panicked.
I wouldn't depend on crypto for anything, but it's a useful supplement to other savings and investments and maybe the most important investment is learning about it.
I have my investments spread fairly evenly, and keep crypto within a certain percentage and from disposable or windfall sums. If you were going to spend money on anything you could easily live without noticing it wasn't there, then that's the sorts of money that I might put towards crypto investments.
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The most logical idea.
It is also possible to invest in the stocks of companies. I've seen people investing with borrowed money. And some of them lost most of their money. 😔
Posted via D.Buzz
if you invest in something that is a sure thing over a long period of time and have the patience for it, it's almost impossible to lose. I think most people who lose money either didn't invest in solid things or were impatient and panicked.
Yes, I actually agree with that. Some people I know here lost a lot of money because they were in a hurry.
It's ridiculous not to wait.
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Posted via D.Buzz
Those people probably invested money they weren't willing to lose. And that's when they panic. !LOL
I wouldn't depend on crypto for anything, but it's a useful supplement to other savings and investments and maybe the most important investment is learning about it.
I have my investments spread fairly evenly, and keep crypto within a certain percentage and from disposable or windfall sums. If you were going to spend money on anything you could easily live without noticing it wasn't there, then that's the sorts of money that I might put towards crypto investments.
This is my intention as a next step. Almost there.
I agree with that rule wholeheartedly, only ever invest what you're willing/able to lose.
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