Abigael
Valued Contributor
High risk investments are known to come with low assurance of earning profits. It is either the site will go scam or you loose your investment due to poor strategy or because the company did not perform well as planned.
Examples of high risk investments include;
Here are some reasons why people go all in on such high risk investments;
1. They are rich and can afford to loose the money - so why not take a risk? Though you should still be careful with investments no matter how rich you are.
2. They have knowledge and skills on how to minimize risks. This is true for crypto or forex trading. You can earn highly if you are skilled at investing with proper analysis and knowledge.
3. Newbies get into high risk investment due to lack of knowledge and greed to earn first and easy money. This reason is what pushed me into HYIPs when I was a newbie. After getting scammed, I learned my lesson and I am never investing in them.
What is your reason for getting into high risk investments?
Examples of high risk investments include;
- High Yield Investment Platforms (HYIPs).
- Ponzi Schemes.
- Cryptocurrency trading.
- Forex trading.
- Business startups.
- Stocks and shares in a new company or one that is going bankrupt.
Here are some reasons why people go all in on such high risk investments;
1. They are rich and can afford to loose the money - so why not take a risk? Though you should still be careful with investments no matter how rich you are.
2. They have knowledge and skills on how to minimize risks. This is true for crypto or forex trading. You can earn highly if you are skilled at investing with proper analysis and knowledge.
3. Newbies get into high risk investment due to lack of knowledge and greed to earn first and easy money. This reason is what pushed me into HYIPs when I was a newbie. After getting scammed, I learned my lesson and I am never investing in them.
What is your reason for getting into high risk investments?