Investment Guide: Risk “what" is worth to be "lost"
In one of the business summit I attended as a serving corps member in my country facilitated by an entrepreneur, there had been words I heard that actually challenged me "Risk what is worth to be lost". On reaching home and after a deep thought, I uncovered the hidden treasures sealed by those words, I tried applying it in different perspective of my life.
Few years ago, I remembered joining a group that was introduced to me by a friend and after a well described mission of the group and its earnings at large, I decided to invest some amount into it which to my greatest surprise crashed in just a few months after my induction to it and all the capital I sunk into it was gone. This actually had a tragic effect on my financial state, it was so shattering for me to recover from the jumble. What an experience I got myself into, not to long after this incidence, another of such came on board again and people were earning much bigger. But to my surprise scrolling through the website, I discovered there had been a scary inscription “not refundable”. This…actually the greater reason that in every investment, there is a risk.
In every investment, there is always a form of exchange, either product for money and vice versa or money for skill and vice versa. One of the main reason the term “trade and barter” in a revised term is still in use.
Barter is most times used when there is a direct exchange of goods and services in a business without using money as an exchange medium. This is exactly what happens in the cryptocurrency world when there is a transaction between participants.
There is always an instability in value in the cryptocurrency world. Sometimes there is a value drop in a token worth some amount of dollars and in few seconds the value rises due to buying and selling pressure and vice versa.
Many people in the name of investments speciously give out credible assets in a give-and-take for an undervalued thing
Business tycoons and shareholders must be guarded in assessing the economic cost of their investment intents to comprehend if the value given out is worth to be lost.
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What would you tell a friend who wants to venture for the first time into the investment world?
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Interesting read. Risk is one word we must be very conscious in the business and investment sphere. In fact, refusal to invest is risk in itself. I'll agree with you that the first advise a friend should hear is "Invest what you can afford to lose".
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