How can I invest my money
- Thread starter K Y R I X
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If you are serious I can show you how to invest your money with twitch related services.
but u are a minecraft player on the internet that makes this advice invalid
msg me ur discord
It's down in my signature
If you are just starting and have no previous knowledge of it, I would recommend beginning with acorns.com or stashinvest.com (they allow you to invest in set portfolios, and you do not need to have experience, but you will not profit insane amounts of money). The fastest way to make money is the stock market, but you should definitely do some research before you go down that route, or you risk losing your investments.
There are a lot of ways to invest your money and a lot of people would give you a different answer. It depends on what you're trying to get out of it. Investing in bitcoin/cryptocurrencies is a large risk mainly based on speculation rather than factual data, but the technology (not the coins) is for sure going to grow. You could invest in the stock market, but what people don't realize is that if someone wins, someone else must lose, which most likely as someone that hasn't invested in the stock market or have any insider information, you will lose. The people that you see on the internet/youtube talk about how they make a ton of money in crypto, most of the time are full of shit or just got lucky. The truth is, they make their money by talking about "How I made $xxxxx in crypto" and by selling their services which brings them in money. And the most successful people in the stock market, well they probably make 10-20% annual return in the stock market, and if you don't already have a lot of capital(which I assume you don't), the risk is worth more than the reward.
The best way to invest(IMO), and for sure not lose, is to invest in yourself. What I mean by this is to use that money to learn or experience something. So let's say you have an interest in the stock market and instead of going into it by asking yourself "how do I become rich from this", you could ask yourself "what would I learn from this". That logic applies to pretty much anything you can throw at it and it will get you a lot further than investing into something. Investing won't make you any money, or anything worth working for. If money is your overall goal, the best way is to create a service that solves a problem or solves a problem better than the current offering. The best way to get started doing this is to invest it in yourself and learn some new skills, here is a theoretical example:
Use the money you originally wanted to invest and buy a HTML/CSS book and build a website, now you'll have a website to sell your service and know a bit of web programming for minimal expenses. Maybe you want to create and sell a video game, now you can use that money to buy game design course and you can create your game. Now you know you have a completed website and video game. Now you need to advertise it, you can either pay people to advertise for you, or you can learn how to do it for cheaper and you chose to learn yourself. You spent a bit of time learning, but now you are efficient enough to drive traffic to your website/game and it's working and you are getting 1000 new users/players a day. After a month your game losses players and it goes down to 200 new users/players a day and you are done working on it and you decide to sell it just to barely break even. Now instead of losing out on both your time and money, like you would have been investing in the stock market / crypto, you might have still lost both your time and money but in the end you now know how to build a website, create a game, and advertise it which will get you further in life.
Take this from someone who has tried it all. I invested and mined cryptocurrencies, traded stocks, and made a LOT of money off all of it. And if I had to do it all over again, I would have just learned new skills as those would have benefited me a lot more. My favorite book for investing is The Intelligent Investor by Benjamin Graham and i'd recommend reading it if you wanna learn about investing.
The best way to invest(IMO), and for sure not lose, is to invest in yourself. What I mean by this is to use that money to learn or experience something. So let's say you have an interest in the stock market and instead of going into it by asking yourself "how do I become rich from this", you could ask yourself "what would I learn from this". That logic applies to pretty much anything you can throw at it and it will get you a lot further than investing into something. Investing won't make you any money, or anything worth working for. If money is your overall goal, the best way is to create a service that solves a problem or solves a problem better than the current offering. The best way to get started doing this is to invest it in yourself and learn some new skills, here is a theoretical example:
Use the money you originally wanted to invest and buy a HTML/CSS book and build a website, now you'll have a website to sell your service and know a bit of web programming for minimal expenses. Maybe you want to create and sell a video game, now you can use that money to buy game design course and you can create your game. Now you know you have a completed website and video game. Now you need to advertise it, you can either pay people to advertise for you, or you can learn how to do it for cheaper and you chose to learn yourself. You spent a bit of time learning, but now you are efficient enough to drive traffic to your website/game and it's working and you are getting 1000 new users/players a day. After a month your game losses players and it goes down to 200 new users/players a day and you are done working on it and you decide to sell it just to barely break even. Now instead of losing out on both your time and money, like you would have been investing in the stock market / crypto, you might have still lost both your time and money but in the end you now know how to build a website, create a game, and advertise it which will get you further in life.
Take this from someone who has tried it all. I invested and mined cryptocurrencies, traded stocks, and made a LOT of money off all of it. And if I had to do it all over again, I would have just learned new skills as those would have benefited me a lot more. My favorite book for investing is The Intelligent Investor by Benjamin Graham and i'd recommend reading it if you wanna learn about investing.
Thanks so much for your recommands and your time .
I am intersting more on investing in cryptocurrencies or traded stocks but you said thati will lose money yes it can but I heard from some YT videos "invest what you can lose " that mean never invest a big money invest ,just invest as much as you can lose
Also I make money I'm an arabic hosting owner since 2017 It's a success project but i don't have anymore time for it and I'am leaving this project and looking for onther way to make money
hmu boy
sure ill msg u
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