Is it always worth investing leftover money?
If you leave your money in the bank, you have a 100% guarantee it's gonna lose its value.
"Investing instead of saving" is something we all need to think about.
Here I'm talking about what things to consider when it comes to investing - especially cryptocurrency investing - so you can come to your own conclusion whether you want to invest your "leftover money" and in what.
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About the author:
Anja Schuetz helps absolute beginners to become confident crypto investors. She also consults as a Customer Communication & Operations Manager for blockchain start-ups.
Anja offers a Free Bitcoin Beginner's Course when you sign up to her Conscious Crypto Museletter here: http://anjaschuetz.net and has also written a Beginner's Guide to Steemit
I have some money in the bank for normal expenses and an emergengy but am not adding any more, I am putting some away monthly for retirement that is going into funds and stocks. I know we are looking at a big downturn soon but figure since I started this recently the dollar cost averaging will make it all good when (not if) the markets crash. And that money gets a tax break as well.
the rest is going into crypto where I am diversifying as well
I am now also going to add more into the celsius app that has paid me my first 0.04 cent interest yesterday.
and do I sense a Flemish accent in there?? You sound "Belgian"
Belgian? That's new :) So you can't hear my German accent? That's good news, ha ha!
I'm going to check out Celcius... But no private keys, right?
I looked into Nexo yesterday - seems to be a similar service. Also no private keys, though. :/
Hey @connecteconomy, this is an amazing post with a lot of
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oh thank you :)
Investing is the best way to build a wealth....but choosing the best option is important
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yep :) And diversifying!
I'm investing my leftover money into some property, stocks, and crypto at the moment. It's definitely good to let your money work for you.
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Thanks for the interview, it was nice. ☺ You're supported by @dcooperation. I really like your content, because I'm crazy about bitcoin and I really think that it may go $100k or more. lol
Yay, fingers crossed! ;)
Yes, that was a nice conversation!
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