What are the best ways to invest money?

[Seaking009]

To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?

[dbc23]

Becoming rich is just the goal and it's realistic to some extent but if you want a more specific answer I would simple say becoming $10million richer by mid 2022 although at the moment it sounds a bit scary to me. But if my dreams don't scare me I might not give my full energy  to make much profit

[jossiel]

Why I am investing?

It's very simple and that is to make money and multiply it. The common answer you'll get is that and there's no other reason why a person is investing.

We all want to make sure that our money grows and make another money why we're investing.

The goal is to profit, despite any amount, I'd be happy to consider any amount of profit.

[makishart]

To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?

Money should become the main achievement for investing. People are in competition to get the hidden gem and they can turn small amounts of money into the decent amounts of money in a short time.

Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.

This can only be achieved when you're using farm to get dividend from your investment. I would like to call that as passive income rather than divided. Crypto was different with stock. APY/APR will become the key in this case.

Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.

It should be years. You must also know that if there are two options for investment, long term and short term but i personally prefer to take yearly investment rather than short time investment.

[michellee]

To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?

I am investing in crypto because I see the potential of crypto gives me a lot of money with buying and holding many good coins, especially holding bitcoin for a long time. My goal is I want to make a lot of money from crypto and that is why I invest many coins from a long time ago while I still accumulating some potential coins besides accumulating bitcoin.

To be honest, my goal is to see bitcoin will be more than $500,000 and I can wait for that, even if that will need more than 15 years to happen. But the one big goal that I made a long time ago is I want to make a lot of money from crypto while I still have more coins as my investment.

[MaxRoman]

I believe that the rich is not the one who has a lot of money, but the one who has enough money for everything, nevertheless I try to invest in order to get closer to dreams that require more money than I have.
Therefore, I adhere to projects that do not promise to bring a large profit one-time, but more reliable and long-term.

[Etranger]

I think, that money is often only intermediate link on the way to the main investment goal. People invest because they want freedom. In modern world you cannot rely on your job, or social security, or even your family. You need to have a foundation that would allow you to do what you want, regardless of the institutions and conditions created by the state system. Investing and creating passive income is the only way this can be achieved. When you work for someone, you remain unfree.

To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?

Money should become the main achievement for investing. People are in competition to get the hidden gem and they can turn small amounts of money into the decent amounts of money in a short time.

[mindrust]

To my own knowledge and i will also be glad if i can get some opinions  to me before you ask what, ask why. Why are you investing?
Investing is like a project. All projects have a goal or finished item.
What is your goal? Be specific. Getting rich is not specific. One million saved or $1000.00 a month in dividends is specific.
Your goal should be your realistic. One million is realistic. One billion is not. One thousand in dividends is realistic, $10,000 per month, no.
Define your time horizon. Months, years? The time will help you to stay on target and provides measurable times.
Always take risk into account. What is your risk tolerance?

This is a very complicated question. The answer can change depending on your age, as you said, your risk tolerance, your knowledge on various investment instruments, the country you live in... There is not a single truth here. There are people who make $100/month. You can't realistically expect them to dream of having a $1000 monthly dividend income... Of course for many people $1m can be achieved on a reasonable time frame but $1b is mostly impossible.

$1m would bring you $50k in dividends (before taxes) if you play your cards right and that's hardly going to be enough for your survival in a developed country. You won't die of hunger but you'll still have to work.

[Doell]

my initial investment was for a better economic goal in the future ,creating a future for myself and my old age later in cryptocurrencies well like savings in piggy bank general ! some statements to be rich I do not agree even though the fact is to be rich but IMO being rich is a bonus from the seeds of our own patience

[bitzizzix]

Investing in my opinion is a way to find additional income for long-term needs that are planned with a specific purpose, to finance education, buying a house, retirement or other interests.
Investing generally aims to make a lot of money or get rich and also improve the economy, but it would be better to invest with the desired goal in the future so that the investment goes according to plan and reaches the desired target.

[barabeku]

I invest because it is one more way for me how to make money. My goal is a financial freedom which means that you I will not have to work any more if I don't want in the future as in any moment I can resign and my passive income will completely pay off my bills.
In terms of my risks. I have divided my capital into two parts. One part was created for mainstream reliable currencies, while the rest is used for risky altcoins and projects.

[Kez1817]

Cryptocurrency is The best way to invest money. Invest in bitcoin and other promising coins to earn money to have a better living and to have a freedom financially. Every people investing has only one purpose in "to earn money". But for specific goal, it depends on a every person because there are people who want to be rich through investing and other are just making money to survive for a daily living.

[danherbias07]

Looks like you already know what you are doing. Risk tolerance. How far? I am not rich but as long as the budget used will not touch the savings for my family then I am okay to risk that. That's how I and my wife do things. There is cash saved by her but obviously from my pocket just so I won't have any contact with it or even just poke it and there is her bank that also has her own savings and for the kid's future.
Those funds should not be moved as much as possible unless for emergencies. A rule that should never be broken. So money outside that can be used anywhere i.e. investments as long as it's for the good and examined carefully.

[ZaraCB]

Why are you investing?

I think the one and only purpose of investing is to make some profit.  Maybe this profit can make you rich or it can make you economically prosperous.  Because someone is investing $million and someone is investing $100. He who invests $100 will not be rich in his profits.

[adzino]

Cryptocurrency is The best way to invest money. Invest in bitcoin and other promising coins to earn money to have a better living and to have a freedom financially. Every people investing has only one purpose in "to earn money". But for specific goal, it depends on a every person because there are people who want to be rich through investing and other are just making money to survive for a daily living.

So you are saying the best way to invest your money is to put in on something very volatile and risky? Lol, no it isn't. You shouldn't be investing in bitcoin or any crypto currencies if you can't afford to lose it. And I don't think there is any person over here that isn't investing in crypto currencies to become rich. Of course everyone makes investments to earn and become rich eventually.

-snip-
other are just making money to survive for a daily living.

Then they shouldn't be investing at all. Investing in bitcoin won't give you money to make ends meet. Based on how volatile the market is, they probably won't be able to pay their bills the next day. Invest if you are planning to hold long term.

[Mpamaegbu]

I believe that the rich is not the one who has a lot of money, but the one who has enough money for everything

Is money ever enough for anyone? Nah! Even those we think have enough keep striving to make more money. Sad reality, indeed.

What is your risk tolerance?

Life is, in itself, full of risk. Even when one doesn't want to venture into any business, it's still risk one is taking. For business, my risk appetite is a sensible one. I try to keep my finances protected from unnecessary investment schemes which aren't well spelt, no matter how enticing they seem. 2017 taught me a lot of lessons with different shades of investment adverts here and there. Now, I must be satisfied that a project has usecase before throwing my hard earned cash into it. Besides all that, investment should be everyone's concern and priority. Don't wait till when you think you've enough to invest. The right time to invest is always now.

[$crypto$]

Investing, of course, the goal is to profit in the future, as for how to do it, the best investment comes back to us as the ones who did it.

There is a lot of analysis, including choosing a project that has a real product, then there are our skills and see how to see the prospect in terms of its goals, as well as sales, what kind of product is developed, how is the team, that's all we have to know, let alone we will invest large sums.

And I did this for a long time will stick with real products I will invest long term except meme coins.

[Stedsm]

For people from some developing countries, $1000 a month is a really big deal and they can't really "save" it. However, saving $100 a month but to increase it by doing an SIP (Systematic Investment Plan as we call it here) is not just possible, but can also bring the possibilities of growing our portfolio while being an investor for specific projects on which we are bullish for long term.

[Vaskiy]

Property
Currency
Platform
Application

Everything have its own pros and cons. What OP has been considering the most is the investment to turn thyself rich. Investment is good, but continued trading involvement is the way to make better money. Being a trading expert needs lots of analysing skills. From a third world country citizen perspective it is the capital that gives you return or else you need to be lucky same as in gambling.

[livingfree]

For people from some developing countries, $1000 a month is a really big deal and they can't really "save" it. However, saving $100 a month but to increase it by doing an SIP (Systematic Investment Plan as we call it here) is not just possible, but can also bring the possibilities of growing our portfolio while being an investor for specific projects on which we are bullish for long term.

Yeah.

That amount is quite high and even $100 and increasing it monthly is hard to do. Even it's one of the best ways to increase your money as you invest.

It's just hard to follow that ideal strategy because we just can't do it.