Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
Unpopular opinion : if you have 5k, 10k to invest. Investing in yourself and your business will produce infinitely higher returns than any crypto would.
Invest In Yourself Before Crypto
- Thread starter Nash Commerce
- Start date
Hayden Russell
Junior Member
- Aug 8, 2019
- 164
- 126
Completely agree!
And before investing in crypto maybe try investing in equity/bonds backed by reliable underlying value. Buying crypto should be called "gambling" not "investing."
Not to say that I don't love the technology though. I've got nothing, but respect for people like Vitalik Buterin creating mind-blowing pieces of software, but 99% of the crypto community has no understanding of basic economics.
And before investing in crypto maybe try investing in equity/bonds backed by reliable underlying value. Buying crypto should be called "gambling" not "investing."
Not to say that I don't love the technology though. I've got nothing, but respect for people like Vitalik Buterin creating mind-blowing pieces of software, but 99% of the crypto community has no understanding of basic economics.
starcity83
Senior Member
- Jun 30, 2011
- 915
- 620
Shib first me later
zionbar
Elite Member
- Apr 6, 2015
- 4,140
- 4,618
idk bro my shib made over 400% in the past week I'm not sure I can produce higher returns than that in such a short period of time
- Dec 3, 2015
- 5,327
- 6,029
idk bro my shib made over 400% in the past week I'm not sure I can produce higher returns than that in such a short period of time
That's why it's gambling, an investment vehicle giving over 400% in less than a month is a pure sham. but then, little fucks given.
DJPaulyD
Supreme Member
- Aug 16, 2014
- 1,217
- 679
100% agree! OP doesn't understand what he's missing out onidk bro my shib made over 400% in the past week I'm not sure I can produce higher returns than that in such a short period of time
Invest in making more $$ then get a car, a house, etc
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
Fast money is enticing, but very risky.idk bro my shib made over 400% in the past week I'm not sure I can produce higher returns than that in such a short period of time
Most people make 5-10x then hold on the way down and cash out at 2-3x.
The investment in yourself, your skills, and your business compounds at a ridiculous rate daily and is a guaranteed success.
The skills, experience and credibility you have last forever and stack on top of the last one. I do like 8-12k a month and now I know how to scale, I’m also credible enough to raise money from investors.
tomorrow I visit my first real estate deal with my investor, I stand to make 30-40k on the deal with no money invested simply because I have the credibility to make those moves. After me and my investor flip the first property and make good money he will want to do more, then we move to much bigger properties.
blackcyber
Junior Member
- Nov 18, 2009
- 133
- 35
no risk no gain.....
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
When I say invest in yourself and business I definitely do not mean house or car. I mean learn how to run ads at scale in an industry with large profit margins and the ability to scale to 200-300k / month.
When the bear market comes the “skills” people develop from “holding” are irrelevant. Now if you are actively trading with stop losses and take profits on set trades that alters the conversation a bit.
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
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Not a fan of stocks or bonds either.
100% into a business I control and learn valuable skills from, one I can also exit and sell.
r8guitar
Junior Member
- Jun 25, 2021
- 156
- 62
I agree with you, mate. Investing in yourself is the biggest asset. You can plant a tree today and nourish it to enjoy the fruits later.
- Nov 9, 2020
- 4,558
- 2,669
Well definately I 100% agree with you but if you have a few $$ to risk with really high reward ratio then why not Crypto? And ofc investing in self-knowledge and business is the way to go and pays for life
And to invest and risk a little bit into crypto, You need to have an income source so that's where your point comes of investing in yourself Those who are investing in themselves and their Business are those who can risk a few into crypto.
And to invest and risk a little bit into crypto, You need to have an income source so that's where your point comes of investing in yourself
Those who are investing in themselves and their Business are those who can risk a few into crypto.
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
Why not take the $500-$1000 and learn how to run ads?Well definately I 100% agree with you but if you have a few $$ to risk with really high reward ratio then why not Crypto? And ofc investing in self-knowledge and business is the way to go and pays for life
And to invest and risk a little bit into crypto, You need to have an income source so that's where your point comes of investing in yourself
Chris Newman
BANNED
- Oct 13, 2018
- 6,868
- 6,032
A smart person would do both : Invest in self AND sensibly invest in crypto.
Nash Commerce
Regular Member
- Jun 29, 2020
- 539
- 862
Value is in the eye of the beholder.
This thread is made for all the posts I see with (I have $500-$1000 dollars to my name, how do I 20x it in some shitcoin) these people most of the time lose their ass.
Just trying to provide an insight in something I wish I would have done with my money and focused on at 18 instead of 22 now.