Steem & Money

in #dtube5 years ago


Do we need to debate regarding Cash or Money, Precious Metal, Cryptocurrency or the Market?

I will not convince my mother to turn her cash money into cryptocurrencies like Bitcoin or Steem, or even invest in the market or even put it in the bank.

Happy Mothers Day to everyone. (Even if it is already late)

First, she is used to using cash in her entire life she is already 82 years old, and I love my Mother.

Second, she is not even used to using mobile phones and computers.
She does not even use Credit Card when she goes out.
She can not memorize her numbers that very well.
Although she loves to go to Church and shares some of her earnings there.

Third I believe she does not care about what is happening with money, cryptocurrencies, and the market.
She only enjoys her grandchildren especially her special grandson which she took care.

I believe like each and every one of us, we want value for our Money.
We are afraid that our money will be lost or devalued in any way.
So if there is a chance to improve the value of our money we place it there.

That may be called investment, savings or simply money in the bag.

Money now is not the same as before, I remember when I buy with my meager salary, I can fill my grocery bag with what I need.
Now when I see my children buy their food using the same amount of my meager salary before, it will only fill half of their grocery bag or not even half if they buy milk and beef.

It is like cutting onions, it makes you cry.

What is the need for debate which is better, which is safer or which is which for using your hard earned money?

Those who have knowledge in the stock market can hold any traditional portfolio any time they want.
They can invest in traditional stocks, precious metals, banks, penny stock you name it, there thousand to choose.
In the same way, you can buy cryptocurrencies.
You have many choices, you can buy Bitcoin, STEEM, Etherium you name it there are also thousand to choose from.

You can buy Cryptocurrencies, invest in Traditional Portfolio, buy Foreign Currencies all at the same time and keep it, no one should tell you what to do with your hard earned money.

All Investment requires risk. even the traditional markets get burned, no one is safe from burglars and killers, they can come to school or in your house.
People need protection and security.
Home Security, Insurance, Internet Security, Financial Security you name it.
It is also available and you can have them all at the same time.

I wish everyone here on Steemit will be happy if STEEM will continue to rise and be sustainable.

Regards to everyone.

This should not be taken as investment advice or personal recommendation.
Make your due diligence about investments.

Create your Steemit Account https://steemit.com

Images from https://pixabay.com

Get the partiko.app and enjoy the fun of having Partiko Point at https://partiko.app/referral/jackramsey


▶️ DTube
▶️ IPFS
Sort:  

Hi, @jackramsey!

You just got a 0.04% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 65012.58
ETH 3101.28
USDT 1.00
SBD 3.86