Are you still playing it safe (Not Investing) or Taking risks (Investing) in 2022?
As Human beings playing it safe, is not all bad but at the same time it is not all good either, because playing it safe gets you stuck in a particular level and doesn't help you grow, some people have accepted that fact but some still ignore it, thinking the safest thing to do is play it safe and not invest.
if 2020 and 2021 have not taught us anything, it has taught us that playing it safe just hold us back from taking part in the beauty and profits of investing, imagining how rich those who bought BTC below $10k and sold some of it at the all time high of 64k before the current dip? even with this current dip, they are not still at any loss.
Now let's talk about inflation in price, you can't tell me, you aren't aware of the spike in the price of goods within the duration of just one year?
Most products, commodities are at x2, x3 even x4 of the price it was a year ago, and it doesn't look like the price is coming down any time soon.
Let me ask this question, is your salary at x3, or even at x2, what it was 2 years ago or is the value of your salary not even reducing because of the inflation in the price of everything, most in my country Nigeria.
The money you left in the bank as savings, is it at x2 now? (Very Important)
This is to let you know that inflation is eating up your money every year and the government doesn't care because, they keep printing more money and they will continue to print more money by the day, which means that inflation will never stop.
Now, is saving money in the bank your own way of playing it safe?
The sad news for you is that you are more doomed compared to someone who is investing and keep trying.
Savings is not a way to grow Wealth, investing is, in this modern day, time is not waiting for anyone, we are in 2022 already and the first month is almost over.
Start with buying just one cryptocurrency today but make your own research before buying.
Start now, because inflation will never end, and with the growth of cryptocurrency, crypto will soon take over the fiat (paper) money?
For you to be ahead of 90% of the world, you need to act now and be part of the revolution now.
Posted Using LeoFinance Beta
Aye aye captain. For someone who just decided to follow the Cryptic trend, do you advice that I should just go ahead and buy?
From the little knowledge I have now, Newbies are advised to buy from the Top 100 coins and to carefully observe the Market cap value. What are your thoughts tho? Because I do want to hodl a good coin this year.
Posted Using LeoFinance Beta
Yes, because the market is at a discount price but still before you buy do your own research, I own buy at a strong support, after checking the total supply, available supply, real life usage, partnerships, and the current market cap value to check if the coin has the potential to grow either in the Top 100 or not dear.
Before you hodl, do a proper research as I have listed above.
Thank you 😊💕
You are welcome dear 😊
Honestly I resonate with what you are saying. What do the banks do with the money we save...they invest it. Because they do not want it to just sit in the account counting dust. Now I know some people might not be open to cryptocurrency for varying reasons, but there are much more you can do with your money other than save it.
Posted Using LeoFinance Beta
That's why prefer for my money to be working for me and multiplying than saving it
Yeah but crypto is the future.
Sure bruv