If Not Crypto... Where To Invest My Money?steemCreated with Sketch.

in #busy5 years ago

image.png

What would I be doing?

image.png

What If I wasn't investing in crypto startups... what would I be doing with my money?

This is a question that I've been asking myself for the last couple of days... What would I be doing? Would I be buying stuff for my own amusement, material things that will sooner or later vanish and become just one more memory? Would I be traveling the world? Sightseeing, animals, landscapes, experiencing different cultures, different religions, would I be doing this?

This is a hard question to ask myself... mainly because my whole mentality changed a lot in the year before I started investing and changed even more after I started buying crypto. I now know how stupid it is to keep non-rainy day cash in the bank, it makes no sense to hodl something that loses value year after year, to hodl something that the banks can create with fractional reserve banking and inflation. Makes no sense...

And now, after being involved in the crypto world so much, I realize how many opportunities small investors have that the big banks and media say nothing about! Let's start with ...

Seedinvesting/lending!

image.png

Lending our money to startups or people in need of some funding is a great way to make some profit, especially if the company through which we lend our money vetos the companies and we are promised a return in x time!

Seedinvesting is a website where I can invest in startups! It's amazing, with a minimum balance of 200$ we can be part of a future company from the ground up! And they even veto the startups the best they can.

Of course, this isn't the only website/company doing this, many more are doing similar stuff and are great ways to get some profits out of our money, always do your research!

Real estate

image.png

Something that was hard before now it's easy! The days where one would need to save a lot of money to start investing in real estate are now gone. With REITs, and fundraising companies like Cardone Capital one only needs to save as little as 500$ to get some exposure to the real estate market! Of course... always do your own research!

Stock Market

image.png

This one is a little harder in my opinion, while in the US there are many apps that allow people to invest in the stock market in the EU there aren't that many... The only one I know that is good and affordable is Degiro, if I went through a bank I would be paying high fees while with Degiro the fees are really small.
Still... the app looks ugly.

If I was going to invest in the stock market I would probably go into some vanguard dividend ETF since dividend stocks are, in my honest opinion, the only ones that deserve some look at. Of course... always do your own research!

Copy-Trading

image.png

Etoro has a real cool copy-trading function where we can copy traders with a high success rate, I've never used it but I've heard good things about it... Of course, one can also lose money, but hey, nothing ever happens without risk! And there are some good traders with a track record going back almost to the start of the app, these are the ones that deserve some look at, not the ones that have 5000% profit in a couple of weeks, those are risky investments that could have turned out to be some really bad losers.

Of course... Always do your own Research!

Starting my own business?

image.png

This one is a little harder. While the other ones didn't require any effort other than investing the money and some quick research that anyone can do in a couple of hours, starting a business like a Shopify store requires hours upon hours of hard work, hours turn into days, days turn into weeks, weeks turn into months, research, connections, emails, trying out different adds, differents settings, etc...etc... it's a royal pain in the a#*.

Of course, out of all the previous ones, this is the one where you have the most control over the final product, it's your store after all, your baby, if your baby turns out to be a dumbass that lives with you until he is 40 without bringing any revenue home it's your own fault.

These are some of the things I would probably be doing with my money if crypto wasn't around and I had the same mentality I have. Of course, I would always do my own research, maybe these aren't the best companies and there might be better companies out there trough which to invest.

Images Free Source - 1, 2,3,4,5,6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 - Tradingview snapshots too.

coffeseparator bigger.png

Question of the day: What other NON-Crypto places do you know about when it comes to investing your money?

coffeseparator bigger.png
Convert your Bitcoin to EUR/USD : Coinbase
Buy all kinds of Cryptocurrency: Binance
Join FreedomEX the first Steem Exchange where you can trade your Steem Tokens!: FreedomEX
Join Steemmonsters, one of the top dapps on blockchain: Stemmonsters
Join DrugWars : DrugWars
coffeseparator bigger.png

image.png

Sort:  

Awesome run-down. There are so many options out there in the world for investing our money. It's easy to get wrapped up in just 1 of them (crypto)... or even more specifically, it's easy to get wrapped up in Steem.

Diversification is always a good thing. Perhaps we can add all of these things to our "investment buckets" with enough time and dedication to the investing game!

Diversification is always a good thing. Perhaps we can add all of these things to our "investment buckets" with enough time and dedication to the investing game!

I plan to diversify in the future, even though I'm mainly Crypto atm, but it's hard knowing where to diversify too... Especially with the state of our world where we might or might not be near a recession.

Maybe some gold dividend stocks and precious metals are a good idea for diversification, I've also heard people talking about Uranium...

If I only had enough money to invest in everything I want.

Thanks for reading :)

This post had received 20.16% upvote from @steemitportugal account!
Vote for @steemitportugal to Witness. Your vote is very important to us!
Visit our WebSite www.steemitportugal.com (tutorials,news...)
Thank you very much.
Click here to vote
steemitportugal
Delegation for daily voting: 10SP-25SP-50SP-100SP-250SP-500SP-1000SP

Lately, I have been watching the precious metals markets which have been interesting. It is also kind of fun to collect some pieces. In addition, I have considered looking into peer to peer lending but have not gone far yet.

Hi @teutonium!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 3.720 which ranks you at #5482 across all Steem accounts.
Your rank has not changed in the last three days.

In our last Algorithmic Curation Round, consisting of 149 contributions, your post is ranked at #64.

Evaluation of your UA score:
  • You're on the right track, try to gather more followers.
  • The readers appreciate your great work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.033
BTC 63630.77
ETH 3179.32
USDT 1.00
SBD 3.95