Biggest problem now not just earning good income but where to hold wealt

[Razmirraz]

Storing wealth safely is important because losing it will be very painful, so you need to consider making a better wealth storage plan so that the results of your hard work over the years are not wasted. Personally, I would choose some safe wealth storage options such as land and property because the value of land and property tends to increase over time, so it can be a good long-term investment.
Gold is also a good choice because of its widely recognized position as a stable store of value and can act as a hedge against inflation. As an individual knowledgeable about crypto investing, I would also consider storing wealth in Bitcoin due to its large market capitalization and high liquidity, which has the potential for significant long-term gains.

[TheUltraElite]

You can still invest in this bear market. It is only a matter of time till it bounces back once the war situation become solved. Although oil prices are not going to be improving anytime soon because certain people are there who will never want it getting solved.

Consider the current situation as the discount in buying stocks, debt, bond and crypto. You will soon see over the next 10years how it goes bullish over time.

Keep the wealth diversified in traditional assets and bitcoin is the way to go.

[Cheema02]

I only consider two options for storing wealth amidst the current global turmoil: Bitcoin and gold. Several other assets are currently less convincing. Stocks have struggled, and real estate is still a viable option, but it's not as prominent as it once was, especially in countries at war. Of course, Bitcoin and gold are experiencing similar challenges, but confidence in these two assets remains strong. Ultimately, however, securing your wealth depends on your knowledge of these assets.

When the situations in global politics was unstable and due to geopolitical instability the market goes high and becomes unpredictable temporarily. So in this critical situations investors going towards assets. And we know gold is the most relaiable asset in metals and currently Bitcoins are also the most stable currency and in any critical situations these assets remains stable mostly. In case of stocks its totaly dependent on current economy of the country and its stability and in case of real state its a liquid type of income and its also affected by conflicts and conflicted regions have low value then normal region. But both assets like gold and Bitcoins are not completely safe and risk free and also have a risk like gold remains stagnate for long time. So the main thing is understanding of allocation of assets while picking them. And to creat wealth through investment the main thing is accurate knowledge and discipline along with assets. So those investor who have deep study of market and risk management and take wise decision during investment are more successful and get long term progress in business.

[EL MOHA]

The idea that crypto or blockchain based wealth is completely safe is also one sided. The system depends on these three things: Internet, electricity, and access. These can also be affected in the event of a major crisis. So crypto can be a good hedge but it is not right to consider it as the only safe place. So I think a balanced approach where there are some liquid assets and some hard assets and some digital assets is more practical.

There is certainly no any investment or asset that one can be considered 100% safe or anything related to that, but I think that most people actually pitch towards bitcoin not for anything but because they do want an asset with less risky than other assets there. There are assets like gold which are also great investment tools but also has its risk. Yes diversification is actually key but should be done the right way, buying Altcoins after investing into bitcoin is never diversification

[Mhizlove]

Is not all about how to make money only rather how to save it is more important and that's the real problem right now, if you're not careful enough the money you spent your time suffering to get will can lose it value. That's why so many see it as an asset like gold and bitcoin, because bitcoin is easy for self control and moveable while you see gold has a long valve history of holding it, the only thing is that both of them still needs an understanding and not just some you go go into


The advice I will give is that you shouldn't just follow the hype, rather understand the risk,learn gradually and don't put all your money in one place because in everything the person that knows how to manage money and can protect it will help such person to hold wealth let me say someone that has the understanding and patience will help in protecting it's wealth

[uneng]

Accumulate funds until you reach an enough amount of money to acquire a piece of land or house. Properties are still the best investment, as you can make passive income from this, besides the fact they always go up in value. You can rent, you can produce something from the land, you can resell or you can simply live on it. I guess that is the safe path to follow, although there are others, like for an example, predicting which asset or bond is going to be the next thing.

This is what most of investors residing in Ukraine thought about after the 2022 Russian invasion. Many of them should have been moving to the Arabic Gulf especially UAE and Qatar and bought real estates as a safe investment because of the encouraging climate of investment there. After just 4 years, another war has started to reach the Gulf territories despite those countries are not part of it. I am sure those investments coming from Ukraine  lost part of their investments value because real estate prices should have been significantly decreased, and nonody wants to invest in those territories anymore. This just a simple example to prove the fragility of real estate investments in large scale.

Of course the location must be analyzed before making the investment. To invest in Arabic Gulf was a bad move, but it could have worked if they had gone for a more historically peaceful region... Even inside my country, for an example, I have to be careful where to acquire a portion of land, because there are dangerous areas controlled by criminal factions. So, if I purchase something there encouraged by the cheap prices, I'm going to have a lot of problems later.

There are many variables, and risks are still present like in any other investment, but if you are careful on you analysys, it's still going to be much safer compared to investments where you have to hold currencies, assets and bonds.

[Cryptomultiplier]

Well, in this current economy where a lot of before good assets doesn't seem to be a completely safe heaven again, there's need for diversifying because some people never took it more serious before, some only had all their wealth in one source (some people just held everything they had in stocks), but now, having a good percent of our assets in different sources is good, as for me, I would consider Bitcoin first, gold, stocks and real estate. There are some situation that can come and you need to recover your asset quickly, Bitcoin fits in very well in such situation because it's so liquid (you can sell at any time) and very mobile.

You mentioned exactly the investment I would have considered for earning good income and with the best prospects to hold even in times of war.
It's obvious the Internet would keep working in the slightest but even during wars and having a Bitcoin asset makes you have a better chance of holding it for long without it losing its value or status even if bombs go flying everywhere, as long as you have the keys. Gold is also a good asset to hold because it can kept in a vault somewhere that no one except the owner knows and for real estate, one has to be alive or have next of kin available to aim lands after maybe wars have passed and civilization is coming back to normal.

I don't really think or fear for such scenarios of hold an asset once I have invested in it, because it is my duty as the investor to do my research and know the best path to take.

[Btcdeybodi]

If you earn good income, invest in bitcoin because looking at the war in the Middle East, we can see that investing in physical assets is not safe anymore. War damages a lot of things and investments are also affected but if you invest in bitcoin, even if there is no internet or electricity in that region you can still move to a place with internet and electricity and still access your wallet. You can run away in times of war and leave your properties and investments behind but someone who invested in bitcoin only needs his seed phrases to access his wallet anywhere.

The idea that crypto or blockchain based wealth is completely safe is also one sided. The system depends on these three things: Internet, electricity, and access. These can also be affected in the event of a major crisis. So crypto can be a good hedge but it is not right to consider it as the only safe place.

Don't you think that it is better to have a digital asset that you may not have access temporarily than lose all your money in physical assets during the time of war or natural disasters. And to correct you, crypto is not a safe haven because of their high volatility but if you invest in bitcoin then it is a safe place to store your wealth.

So I think a balanced approach where there are some liquid assets and some hard assets and some digital assets is more practical.

Too achieve this, you need to be wealthy enough in order to split your assets into the three places you just named so it is better to chose the one that is more safer which i think that there are digital assets that can be sustainable in the long run, even though they all involve risks but their risk level is low.

[pawanjain]

Biggest problem is where and how to hold your wealth.
Not just to earn income because if you hold or put it on wrong places all your hard earned money and wealth could be gone fast.

That is very true especially seeing the current circumstances of war and seeing the markets bleed, it becomes harder to find out the right investment to hedge against uncertainty.
Real estate is not seeing a good growth, gold and silver are dumping along with all the other stocks.
Bitcoin is down too but still a good option to invest at current levels since the future is always bright for bitcoin.
Yet we cannot go all in and should consider holding some savings in bank just in case we see another dip to buy more bitcoin.

[AgriTrack]

Storing wealth safely is important because losing it will be very painful, so you need to consider making a better wealth storage plan so that the results of your hard work over the years are not wasted. Personally, I would choose some safe wealth storage options such as land and property because the value of land and property tends to increase over time, so it can be a good long-term investment.
Gold is also a good choice because of its widely recognized position as a stable store of value and can act as a hedge against inflation. As an individual knowledgeable about crypto investing, I would also consider storing wealth in Bitcoin due to its large market capitalization and high liquidity, which has the potential for significant long-term gains.

  this is the most needed thing for anyone to survive in these critical conditions, where everyone is struggling to live a life where they can fulfill their basic needs. In future, it will be beneficial for thoes who are storing some wealth in an impressive way. There are multiple ways which can helpful in storing the wealth but the most important and worthy ways, are land and property. These are thoes ways which has minimal chances of loss as the prices of these ultimately increasing with the passage of time. buying Gold as per mentioned is also an impressive way and everyone is witnessed that how the gold prices jumped from the highest price. the way where everyone can save their money in a good way. This is easy to store and way better to sold out in the case of emergency or in situation where the one fulfill the demand or the need.

[Stepstowealth]

they not investing into physical assets but the tokenized virtual kind of assets

With all the crisis, storing wealth digitally is a better choice than trying to store physically, this is why investment choices should be more focused on digital opportunities like investment in bitcoins over many physical choices. But many will still opt for physical investment and not having any digital investment because they lack good knowledge. They are making the right choice to invest, but they are now investing based on old knowledge.

how do you expect to pay for a loaf of bread with a gold bar?

If you even find someone who really wants to give you a loaf of bread, for the gold bar, the person will be taking more gold from you for the loaf of bread which at that point is a necessity because food is a natural need of life. The person will be able to cheat you because there will be no way for you to change the gold bar into an amount that is accurate enough for the cost of the loaf.

With digital currency for a loaf of bread, you will be able to avoid being overly cheated.

[coupable]

Accumulate funds until you reach an enough amount of money to acquire a piece of land or house. Properties are still the best investment, as you can make passive income from this, besides the fact they always go up in value. You can rent, you can produce something from the land, you can resell or you can simply live on it. I guess that is the safe path to follow, although there are others, like for an example, predicting which asset or bond is going to be the next thing.

This is what most of investors residing in Ukraine thought about after the 2022 Russian invasion. Many of them should have been moving to the Arabic Gulf especially UAE and Qatar and bought real estates as a safe investment because of the encouraging climate of investment there. After just 4 years, another war has started to reach the Gulf territories despite those countries are not part of it. I am sure those investments coming from Ukraine  lost part of their investments value because real estate prices should have been significantly decreased, and nonody wants to invest in those territories anymore. This just a simple example to prove the fragility of real estate investments in large scale.

Of course the location must be analyzed before making the investment. To invest in Arabic Gulf was a bad move, but it could have worked if they had gone for a more historically peaceful region... Even inside my country, for an example, I have to be careful where to acquire a portion of land, because there are dangerous areas controlled by criminal factions. So, if I purchase something there encouraged by the cheap prices, I'm going to have a lot of problems later.

You can't compare your situation as individual buying a peace of land in his country, with big investments of a community investing big money in real estates abroad. In the worst cases, you can sell the land even for a bit cheaper price and buy another one. The situation in Arabic Gulf as example goes beyond all planifications.

There are many variables, and risks are still present like in any other investment, but if you are careful on you analysys, it's still going to be much safer compared to investments where you have to hold currencies, assets and bonds.

Nowadays, It becomes obvious that digital assets are a safe haven. this was proven during crisis periods like in the example of wars or conflicts.

[Josefjix]

they not investing into physical assets but the tokenized virtual kind of assets

With all the crisis, storing wealth digitally is a better choice than trying to store physically, this is why investment choices should be more focused on digital opportunities like investment in bitcoins over many physical choices. But many will still opt for physical investment and not having any digital investment because they lack good knowledge. They are making the right choice to invest, but they are now investing based on old knowledge.

I have always emphasize on the idea that the purpose of the world is civilization, as the country is moving towards easier world, make sure you flow with it, so people are too naive to know and adapt to the latest innovations and development for their benefits and get along with it, they wouldn't

[Hanadawa]

The idea that crypto or blockchain based wealth is completely safe is also one sided. The system depends on these three things: Internet, electricity, and access. These can also be affected in the event of a major crisis. So crypto can be a good hedge but it is not right to consider it as the only safe place. So I think a balanced approach where there are some liquid assets and some hard assets and some digital assets is more practical.

There is certainly no any investment or asset that one can be considered 100% safe or anything related to that, but I think that most people actually pitch towards bitcoin not for anything but because they do want an asset with less risky than other assets there. There are assets like gold which are also great investment tools but also has its risk. Yes diversification is actually key but should be done the right way, buying Altcoins after investing into bitcoin is never diversification

Physical gold carries the risk of requiring additional resources to safeguard it. This might not be a problem in small amounts. However, large amounts of physical gold will incur additional costs, such as gold banks, safes, or security guards. Furthermore, carrying gold while traveling is also difficult, as you'll receive extra attention at airports and ports. Gold is also inefficient, as you must cash it in before you can use it. Bitcoin, on the other hand, is easier to store and can be taken anywhere. Even by simply remembering your seed phrase, you can carry millions of dollars without security guards, and you can cash it in anywhere on any exchange as long as there's internet. I'm not saying Bitcoin is better than gold. For the wealthy, having a lot of gold doesn't present a problem because they have ample resources to cover the costs of storing it.

[Die_empty]

Of course the location must be analyzed before making the investment. To invest in Arabic Gulf was a bad move, but it could have worked if they had gone for a more historically peaceful region... Even inside my country, for an example, I have to be careful where to acquire a portion of land, because there are dangerous areas controlled by criminal factions. So, if I purchase something there encouraged by the cheap prices, I'm going to have a lot of problems later.

There are many variables, and risks are still present like in any other investment, but if you are careful on you analysys, it's still going to be much safer compared to investments where you have to hold currencies, assets and bonds.

No location can be considered peaceful because conflict could arise. Gulf nations like the UAE have been stable for a long time. Most investors assumed that the US could guarantee their security. This conflict is gradually destroying the tourist industry in these areas.

Natural disasters could also affect the value of properties. These days, it is difficult to predict which areas will be affected by global warming. In my country areas that have never experienced flooding are now suffering from it. However, I still recommend real estate investment because, in most cases, land appreciates; however, you should always remember that nothing is certain.

[rezakurnia66]

Its bigger problem nowadays behind your earning quite good income but where the most safety place saving your money, fully trusted the Bank is bad ideas because in my country the government easily to freeze your money in the Bank although you not make the fatal mistake. I think have good ideas what about all money saving in cryptocurrency wallet and you can save USDT crypto in your wallet, the government can't tracking with how much your money and absolutely low inflation than your local currency or saving bitcoin as your assets.
Saving assets in wallet we have full control on our self not using third party side like saving money in the bank, not one can tracking your money and which one place save it.

[Oasisman]

~

Yes diversification is actually key but should be done the right way, buying Altcoins after investing into bitcoin is never diversification

What does that mean? Looks like this statement are contradicting. Diversification is an act of dividing your capital to invest into different assets. When you secure Bitcoin or gold (since this are considered less risky than other assets), putting some to altcoin could be a good idea, as long as you're doing a thorough research before putting in your money. Some altcoins could generate a good profit when it hypes up and pump, but it is one of the most risky investments. But then again, it's one of the options if you want to diversify your investments.

[EL MOHA]

Yes diversification is actually key but should be done the right way, buying Altcoins after investing into bitcoin is never diversification

What does that mean? Looks like this statement are contradicting. Diversification is an act of dividing your capital to invest into different assets. When you secure Bitcoin or gold (since this are considered less risky than other assets), putting some to altcoin could be a good idea, as long as you're doing a thorough research before putting in your money. Some altcoins could generate a good profit when it hypes up and pump, but it is one of the most risky investments. But then again, it's one of the options if you want to diversify your investments.

This is exactly what most people say, now let’s look at diversification itself, when they say diversification you’re actually referring to two different assets with different trend or direction which means ones movement isn’t actually affecting or controlling the other asset. Not that when one is facing bearish sentiment the other one is also in same class.

Now look at Altcoins are they not always following the same trend as bitcoin? Should bitcoin today collapse will there be any altcoin left? I think none, but what most people look is the possible profit in Altcoins which is not diversification, because diversifying one’s asset is actually securing that investment not to run into loss, for example if bitcoin runs to loss then the other diversification should suffice for me, that’s true diversification.

You can simply buy Altcoins but with them been in same class as bitcoin they are not diversification, diversification to bitcoin will be gold or precious metals, land, government bond and others.

[barbara44]

Most people will hold majority of their income in bank accounts so they can fulfil their financial goals first. Later, they will plan for various investment activities like cryptos or stocks for say. People who can earn a decent living already has an idea about where and how to invest the money. Investing is no longer a simple task yes, but rightful investment can make us earn good profits over time. Saving money is a difficult task and not everyone can succeed. We need huge patience and dedication to hold the funds.

My best bet will be to save some funds in long term holdings where I am sure I will not end up in loss. I can gain profits while my holdings will still be safe. I would mostly look for staking rewards where there is minimal efforts and screen time.

Earning money in itself teaches us a lot. Once we gain the importance of money, we can surely save some for the future but until we realize the importance, things will be quite tough and we might end up in serious financial crisis.