The truth about investment

[Odusko]

Investment success have alot to do with your level of capital and cash flows that provides you the incentive to keep supporting your investment, what I mean is that some investors become very successful because they allow themselves a break before touching their investment since they have extra sources if cash flow, and they even go ahead to provide support for their investment during market uncertainty, such investors will easily become successful than he can fail.

[CryptoHeadlineNews]

Firstly I would like to walk you guys through what I call the 2 types of investment i have in mind
1. Secure investment( these are low risk investment usually a long term investment like bitcoin, huge stocks, real estate)
2. Risky investment (these type of investment are considered risky and it's duration might be long term or short term eg altcoins, new stocks...)
Now the question is why did i bring this up?
Occasionally we've been seeing a lot of person talking about avoiding risky investment just because they want to play safe, we hear things like "do not diversify focus all your energy on bitcoin" this advice might sound logically good but it's  not a good financial advice to play it safe when you have a goal of becoming wealthy. Such advice is only good when you have already accepted the limit to how far you want to go financially.

It's true that people always advise newbies to avoid investing in high risk assets like Altcoins and newly launched stocks that have got no reputations, due to how highly volatiles these assets could be to immediately either fall or rise in it's price value. And secondly, been wealthy doesn't revolves around taking unnecessary and uncalculated risk in investing in altcoins you have little or know knowledge. Despite the fact that we still have some altcoins that are worth investing like Solana, and BNB, and likewise some people making huge profits by investing in altcoins. But one thing we need to know that such luck is regular in altcoin investment, as in other to be lucky, you need to have knowledge of projects that are likely to be launched and invest in their coin early, in other to be able to make massive profits. And that's why as a newbie, it's good to invest in low risk investment.

[Churchillvv]

Your conclusion is very valid and to me as a Nigerian, I know say we sabi play safe which makes us last longer in every game but in the game of wealth yes it’s good to take risk and that risk should depend on the size of your pocket and how much risk tolerance you have. If you have your good portion of money in a very valid investment and then you have some garbage left you can play games with it by putting it where it may not return but if it returns then it returns big which is how successful people play but I prefer to have a guide, like someone who has done it before so it comes smoothly.

You're on point, in as much as folks shouldn't play it safe if they want to become wealthy yet their risk tolerance shouldn't be exceeded because that would only create more problems for them and instead of pursuing their financial goal they begin to solve financial problems that would take a while before a solution is provided and that downtime might have caused them to start being afraid to fail again but the logic is to fail wisely and not exposing yourself full-time to risk where as you should be working with risk tolerance.

On a personal note, I prefer failing into something which is one reason people created a failing plan called reserve funds for financial experts but however I choose to always have the bigger goal or investment to be the failing plan, when I fail the bigger investment should be able to handle whatever comes out of it. A back up plan should be set and infact for me I will just take all risk with the little percentage that I can handle, which is equally risk tolerance.

[Fiatless]

It is even riskier not to take risks.  Most of the richest people in the world decided to venture into sectors others avoided because of the fear of losing money. Taking risks is good but it should be a calculated one. No matter how attractive a project might look, I  might not invest in a pump and dump or Ponzi scheme. Some people might have been lucky to make money through this avenue but it will never be an option for me.

I will rather invest in a risky business, such as bitcoin, government bonds, or company shares than risk an unverified setup.

[Franklyn-wood]

It is even riskier not to take risks.  Most of the richest people in the world decided to venture into sectors others avoided because of the fear of losing money. Taking risks is good but it should be a calculated one. No matter how attractive a project might look, I  might not invest in a pump and dump or Ponzi scheme. Some people might have been lucky to make money through this avenue but it will never be an option for me.

I will rather invest in a risky business, such as bitcoin, government bonds, or company shares than risk an unverified setup.

Having good knowledge or idea concerning the investment on is about to venture in matters a lot. As it includes knowing the positive and negative sides of the business, then one will be able to strategies on how to better do the business to get the best our of it, which gives different results at the end of the day. Making inquiries helps to save one from pit fall that might be in the business unknown which others have become victims to.verified investment are ok and secure to handle. Like you mentioned share, Bitcoin and a lot more.