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June 30, 2018, 08:44:27 PM |
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From: Mr. Jean Louis Presenting Gold & Tanzanite to jewelers worldwide Day 6 of week 26 of 2018
There are few fundamental factors missing when mentioning "investments in cryptocurrency". Let me lay it simple for you.
In general, there must be some exchange of values in background for the investment to be sound and reasonable.
INVESTMENTS IN CREATION OF WEALTH: ==================================
When I say "creation of wealth" I am referring to the actual goods, stuff, be it real estate, houses, bridge, road, steel, gold, silver, precious metals, diamonds and gemstones, jewelry, golf park, resorts, hotels, beaches, whatever is lasting very long time and retains its values over time.
For me, sound investments are those investments that are routed to creation of new actual and physical values. That is number one for me.
The exchange of values does exist here, and when somebody starts building new houses, investor will get his part, and houses will be built, workers paid, real estate owners will be awarded by rental or sales of such real estate, and new owners take their place and so on, it moves from hands to hands, wealth is there and remains for very long time in its existence.
For such projects to be successful, it requires good knowledge, experience and skills of the investment manager. It is possible to acquire quite good degree of certainty for such businesses to generate wealth.
When such projects are paid with cryptocurrency, then real values can be created and profits returned to the investor.
INVESTMENTS IN SERVICES: ========================
This is also sound and reasonable investment. Yet, services, however well they appear to be, they may not be long lasting over the time. Just think of some services, they last for as long as the people exist, and there is some market or uniqueness so that services cannot be easily replicated by others. In general, long term investments in services are very rare.
Yet, services are background activity that makes exchange with people, does something good to clients, and creates well being of all parties, and profits may be returned back to investors.
This requires well prepared service provider. Yet it is well possible to learn and acquire skills to provide services with a degree of certainty.
INVESTMENT IN SPECULATIONS: ===========================
Speculations, there are few definitions in Wordnet dictionary:
The noun speculation has 4 senses (first 3 from tagged texts)
1. (2) guess, conjecture, supposition, surmise, surmisal, speculation, hypothesis -- (a message expressing an opinion based on incomplete evidence)
2. (2) speculation, conjecture -- (a hypothesis that has been formed by speculating or conjecturing (usually with little hard evidence); "speculations about the outcome of the election"; "he dismissed it as mere conjecture")
3. (1) speculation, venture -- (an investment that is very risky but could yield great profits; "he knew the stock was a speculation when he bought it")
4. meditation, speculation -- (continuous and profound contemplation or musing on a subject or series of subjects of a deep or abstruse nature; "the habit of meditation is the basis for all real knowledge")
So the right definition is there, it can be seen above.
Sometimes speculations may give good profits, but more often,
What is missing here is the knowledge factor, as it is simply not easy for everybody to simple make more and more bitcoins by speculating on its prices, or trading between currencies. If this would be so easy, then those professionals would be keeping it secret for their own benefits.
It is gambling and unsure.
Gambling with bitcoin prices has just longer time period or amplitude that is going to give the investor the pleasant or unpleasant surprise.
In my opinion, it is better doing such investments in few days, in a hotel, and by going into casino, gambling house, with friends, enjoying the time, and maybe gaining some profits or loosing, but in any case enjoying, then investing long term into Bitcoin.
Even if it does work, it cannot be repeatable and it is more luck than any knowledge, skill, or true business in background.
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