I lived very hectic, stressful and also painful life so far. And in that phase there was a lot of investment mistakes that I have done. And then during the same time as well I made sure to invest into the banks, crypto, etc. And that habit is not lost to me. I continue to invest into the crypto too.
However as the time goes ahead, I feel like I need to diversify and also take out the crypto profit on regular basis. Because in near future only bitcoin is going to survive. All else will eventually be into the stablecoin and other form of the crypto that is going to end up into.
So why should one invest and stay invested?
I think the most difficult thing these days we have is the saving part. Spending goes a lot of hectic way and things just don't move that easily. So in that case it is reasonable to save a dollar at a time and then keeping it saved as well. This has worked out for many people over the years and they have managed to put up a good fight in bad days.
Next part is investing. Because you want money to move, it's reasonable to make sure that investing into the right asset matters a lot. So make sure to save a dollar a day. And that would be something good with the investment because each year that should add up. And we have to treat the investment as if it's going to make an impact.
Finally we have to stay invested for years. Like each year going to add up on your investment. And this means you have to keep adding more income sources. And then regularly shuffle the portfolio. When you choose to invest into crypto, mutual fund and the stocks. And each year it gives you something back.
Long term we have to think of savings, investment, health insurance and the planning that is required for the development of the life in general. Saving, investment and then staying investment matters!
