Hi, hivers. If you are looking for information regarding "Wealth Through Optionality," then you have landed on the right place. Wealth means a luxurious life, different assets, and money. This is what we imagine when someone says 'wealth'. But here, optionality is real wealth that we should talk about and often ignore. So, what is optionality? If you have the freedom to choose your next move, then this is called optionality, and there are many more things that come under this.
If you are not trapped in one path, which means you have optionality, then this is the most important factor. Whether it is any investment field, if you can diversify your portfolio, then that means you have optionality. When you learn to make no loss, the profit will be generated automatically, and there is a master strategy, diversification, that can help you not to lose more. Diversification is not about earning from all sides; it is to save yourself from loss. So this is the information about the investment now. Let me talk about real life because the same principles apply to real life. In real life and career decisions, you must have optionality.
Let's take an example of entrepreneurs, and those who have multiple skills can do anything. I learned SEO+ blogging, but after the AI launch, I lost my revenue because AI killed the blogging industry. But if I had learned trading, I would have earned some from it. That is, you shuld have multiple skills and knowledge, such as product design, finance, negotiation, editing, marketing, and more.
In the crypto market, we are facing the worst ever time because we have no cash, but imagine the scenario when we have properly diversified and have enough cash, so right now we would have bought some Hive coins. So you should have invested in low-risk assets, cash, and other places so you can deal with the worst situation. It is not just about crypto; it is also for the real estate business, other career options, startups, and more.
As a crypto investor, we can easily understand this concept because right now, most Hive users do not have Bitcoin in hand. You can see bitcoin can't bleed much because it is the main asset of crypto, but other side, altcoin is bleeding like hell, and it is worse than the bear market. So that's how it works. Now I am signing off.
MESSAGE ME ON telegram(@faiz19711)
Posted Using INLEO