Has your vision on how to invest changed?
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Hello Project Hope Community, I wish you all a great start of the week, may the days ahead be filled with lots of productivity.
All of us who are on this platform, in one way or another we have a vision of what is investment, whether we want or not, we are in the situation to investigate about it, we know different projects that make us open our minds in this area, some we like, others not so much, but in the end, we are on the way to invest.
From my own experience I know that many when starting in the cryptomundo want quick profits, it happened to me at some point, and the reality is that it is not always going to be like that. Let's face it, sometimes, if we can catch a good rise we get a good profit margin and fast, but it is not something that happens frequently.
In view of this reality, as time goes by and also in this financial world, we are realizing that more gains often means more risk of losing as well, which some like but others do not, it is a matter of the characteristics that each of us has as an investor.
But in the last few months it has become much clearer to me the role of patience and the importance of looking at the long term in terms of profits sometimes it is better to be able to back up the money earned. Although the truth is that those of us who are here in the world of cryptocurrencies are for the fact of that possibility of earning good money fast, but knowing what we must risk, at least most people.
I think that the ideal is to have a variable source of income, which is distributed in such a way that a part of our capital is to have low income but with low risk, seen more in the long term, but allocate a part of our capital to those investments of risk, that they can eventually generate a good source of income for us, but that it is not the majority of our money, at least that is how I see it.
It is obviously a point of view, that I have created with these 4 years that I have in the world of cryptocurrencies. Far from being financial advice. I would like to know if your way of looking at investments has changed over time. Thank you very much for reading my post.
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