PERSONAL FINANCE
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO PERSONAL FINANCE IN HERE.
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POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO PERSONAL FINANCE IN HERE.
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It has been a month since my last hive power down. Let's make it two months 🤡
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Well I haven't really needed the funds so I have never really powered down. However I do understand some people want some money to take advantage of opportunities or for real life reasons.
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Question.
Do you think crypto investment and the returns of investment could change your personal finance? or life in general? or this is just a smoke?
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Like any other kind of investment, it can be life-changing if it's done right.
If it's done using buy and HODL (even with profit taking along the way), it can be a way to earn wealth every day for a long time.
If it's done for the big pay day, then it can be life-changing but in different ways. This would be like the rocket going to space before it falls back to Earth.
Cryptos exist for all styles of investing; it's a matter of finding those which suit you best, having a strategy, and sticking with the strategy while making course corrections along the way.
Not financial advice, but it could be validated or disproven by the experts.
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It depends on the stake and the bull that comes from your stale. I've seen people's life change through Investments in cryptocurrency. If they can you can. The necessary wisdom in when to bear and bull is also important for crypto to change ones life positively. Cashing during bull to us in Nigeria is very vital for ourlives to change due to the disparities in dollar to naira. Once you bull very high, when converted gives you edge when you exchange it to naira. That's my view. Thanks
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Well it's hard to tell but so long as you are investing on stuff based on a good roadmap, I think you should be fine. Of course you should only invest what you can afford to lose.
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