The Best Investments to Build Wealth

Mika

VIP Contributor
You can do a job to generate income but you a job earning will never build your wealth. You can build wealth only through investment. Here are some of the profitable investments.

In my opinion, cryptocurrency is the number one digital asset for investment. If you start investing now, your portfolio will grow by 10-20 X in a couple of years. This is the right time for investing in crypto because the prices of all crypto assets are low, for example, Bitcoin which was once $68K is now less than $17K.

Investing in your own business is the second best investment you can make. You don’t need a lot of money to start a business, you can start small and gradually build your business. You can even try free business models like dropshipping, print-on-demand etc. You can even start by selling your own unused items and then gradually reselling items you bought from a thrift store, and then start manufacturing your own products.
 

Sotherefore

VIP Contributor
Cryptocurrency is definitely an investment means for people who are not interested to use the money for a long time and should only be considered for long-term purposes if you are interested to make the best out of your crypto investment. .

It is a risk because some cryptocurrency will not be available even in the next few years from now just like so many of them as crashes in the past. And as such it is left for us to carry out research to understand the most suitable cryptocurrency suitable for long-term purposes before you can even consider dedicating and investing with your hard-earned money.

Because of the fact that the price of cryptocurrency like bitcoins has drop from $69000 to 17,000 currently , I have come to understand that investing in cryptocurrency is a thing of Risk and should only be done with money that we could lose within any period of time.
 
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