The truth about investment

[Achalugo BTC]

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.

Perfectly said, for one to be successful in their investment, they need to have other sources of income, with that they can investment for a long-term before touching it, though it might not be that easy but its just determination that makes a lot of them to also achieve big, that is what its called staying power, you are control of how you want things to be and it will be like that if one is patience, consistent and determination enough. Its not advisable for one that doesn't have extra sources of cash flow because they can touching their investment, even to the point where they will use their capital and it can make them not to achieve their goals. Well, its their choice to make but do what its right and stick by it.

[Gamanka@@]

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)

Low risks investments and you have bitcoin and stocks? Basically bitcoin and stocks aren’t Low-risks investments and they were never, you might call them moderately risky but you still need to invest what you can afford to lose, IMO these aren’t Low-risks investments.

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.

How you avoid Risky Investments is totally dependent on your aspirations for the investments, also diversification is important but you need to give a priority to one or two of the investments.

It’s totally fine if someone wants to play safe and refuse to take high risks and you can’t compare him with someone who has the ability to take high risks because they have different emotional maturity and risk approach and management skills, also their risks tolerance might differ..

-snip

30% isn’t a small portion though and I said earlier not everyone can afford to take risky steps and that’s totally fine because everyone has a different path to success and the same thing or advice can’t work for everyone..

Sincerely truth about investment is that if you are not  patience you  cannot  invest and also you have to be a risk taker to be able to conquered many will be hearing the benefits of the investment with out hearing difficulties or the hard steps of the investment thinking is day job  earn  no the truth is that you have to understand what the investment is all about and how profitable it's also the risk.

So if really truth to be said is not something you benefit just once it is a long way achievement but with patience also you must have to learn how to prevent yourself from being discouraged about it if not  the zeal in you will be broken and such will makes you not to be interested so to be honest be  a strong minded person to achieve the goals.

[Amababy_chim]

Saving money in fiat does not give interest rather they deduct small amounts of money for different services they render, the best thing will be to diversify investment approach, adopting Bitcoin investment and going into real estate business would not be a bad choice. Talking about avoiding risk in Bitcoin that is a high risk asset is funny though, how can someone adopt an investment of a highly volatile asset that is not stable and still be avoiding risk or talking about risk management, I wonder how that is possible, so far you have made up your mind to go into Bitcoin investment also make up your mind to be patient, consistent, and tolerant, because it is not all juicy.

[Hyphen(-)]

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.

Perfectly said, for one to be successful in their investment, they need to have other sources of income, with that they can investment for a long-term before touching it, though it might not be that easy but its just determination that makes a lot of them to also achieve big, that is what its called staying power, you are control of how you want things to be and it will be like that if one is patience, consistent and determination enough. Its not advisable for one that doesn't have extra sources of cash flow because they can touching their investment, even to the point where they will use their capital and it can make them not to achieve their goals. Well, its their choice to make but do what its right and stick by it.

That's true, without stable source of income, you investment will never go straight because when you have no money, you be forced to sell off some of your investments to take care of your needs that are important, that is why having stable source of income is very important because it will protect your investment plan and will give you more courage to invest more using maybe the DCA method so that you will be using some part of your stable income to invest while you use the rest for your upkeep and also save some up for emergency purposes.

Furthermore, having multiple source of income is also very important in terms of investment, you will have different streams of income that will suit your investment plan, and will encourage you to invest more since the streams of incomes are more than one. Because if you have only one source of income, you will not be comfortable with your investment due to limited source.

[HajiBagi]

Trading and putting money in altcoins is similar to gambling because you don't know the direction of the market and the possibility of these altcoins dumping in price overtime is very high. There's no problem trying to outsmart a high risk investment but the fact is that you will run at loss in the long run because if you succeed in buying one shitcoin that you made profit from, you will continue buying different shitcoins even when you are losing.

I don’t know why OP said a person can use 30 percent of their savings to invest in risky investments like altcoins and othe coins, it is not a bad idea but i see it like a trading as you said and trading and gambling look the same because it is just like someone that just wants to give it a try maybe he will get a profit or not, the reason why some people will never try to invest even 10 percent of their savings to invest in any altcoins is because they are not use to it and they don’t want to waste their savings on what they don’t know the outcome of it. I will never advise anyone to use even 5% of their savings to invest in any shitcoin because it is not different from gambling and when you are addicted to gambling you will find it difficult to to some good with your money.

[Yorubek]

Saving money in fiat does not give interest rather they deduct small amounts of money for different services they render, the best thing will be to diversify investment approach, adopting Bitcoin investment and going into real estate business would not be a bad choice. Talking about avoiding risk in Bitcoin that is a high risk asset is funny though, how can someone adopt an investment of a highly volatile asset that is not stable and still be avoiding risk or talking about risk management, I wonder how that is possible, so far you have made up your mind to go into Bitcoin investment also make up your mind to be patient, consistent, and tolerant, because it is not all juicy.

If you keep saving fiat money in the bank with a long-term plan, your valuable money will face inflation in the future. It is true that it is good to diversify through investments, which reduces the risk of losing money, but we must be careful not to use the money we need for investment. I think it is good to invest in Bitcoin orderliness with a long-term plan, as a result of which an investor can protect their valuable money from inflation in the future and can expect long-term profits from Bitcoin. Due to the volatility of Bitcoin, nothing can be said for confirm about the increase in price, but by investing consistently with a long-term plan and holding it with confidence, the possibility of making money increases.

[Sammye3]

Investment is investment provided as they keep to the rule of the particular strategy. For me strategy and commitment is the main reason why people get to be successful in the long run. Intense capital is also very supportive. I don't care about the other terminologies we create in other to make investment complicated. This terms and other rules are for big institutions that has many department.

Amongst many others, this could be seen as the most outstanding feature of an investment. There is no investment without discipline and patience because there can never be 100% profit guarantee for any investment,  either investing in crypto or other sources.

Capital can be helpful when utilized for the right purpose with the right strategy, as that wouod give a sense of direction for every investment plan. In an investment it takes planning to succeed, not necessarily the rough sketches.

[Bit-Mj1014]

Interesting perspective, I really like the hustle mindset of aiming high, but I see Bitcoin a bit differently. To me, calling it low risk alongside real estate feels a bit too dangerous. It's just so volatile, and a bad market dip can really hurt if you’ve put all your eggs in that one basket.
That’s why the advice to not diversify feels weird. Diversification isn't about being scared, it's just making sure a single bad break doesn't wipe you out, We absolutely should take big swings to build wealth, but having a boring, safe backup plan first makes those big risks a lot less stressful to take.

[Orpichukwu]

Around 2021, I've been a lover of altcoins, investing heavily into them, until I discovered I've jumped into a trap that looks good on the outside and shitty when tried, it's better to invest what you could afford into alt but the mistake of thinking to confidently successful is very slim.

Altcoins are never what we should invest our money into with full confidence; in fact, not just altcoins but every asset which is volatile, we should also apply some risk protection measure before putting in our money. We should be prepared that what we are investing in is not without risk; it's not like some government bonds which you will say have no risk associated with them.

[Cityhunter34]

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.

Yes, the conclusion is very good. Even though most people don't make it through risk, that doesn't mean you cannot take some risk. It is very important to take risks because you're going to make it in life.

Of course, I think it's necessary to act according to your pocket, because anything can still happen along the line. It is absolutely wrong to put all your eggs in one basket. At least one shouldn't depend entirely on one source, because almost all wealthy people go through a lot of risk.

[AmaGold70]

It is true that every investment involves risk, but some investment are more riskier than others. For instance, their are good stocks to invest in, if your interest is to invest in stock, but the more riskier ones, you invest in them with divided mind, it will either give you profit or crash. This same thing is involved in the case of bitcoin, and other altcoins. To me, Bitcoin is a safe, and secured investment, more especially when you have protected wallet, now investing in altcoins instead of bitcoin is a higher risk which the potential profit might be guaranteed. It is important to go for safe investment instead of risking huge money for fake , and unreliable investment, and if you must risk on high risk investment, the percentage of your stake should be low.