how do you invest? what exactly is investing? why do people invest? is it risky? does it need bitcoins or crypto? (lol i also have no idea on what is crypto or bitcoins i’m just trying to guess lol)
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> how do you invest?
Depends on what exactly your investing in, there is no universal answer here. The only universality is that you need money to start with.
> what exactly is investing?
Using your money in a way that is going to (hopefully) generate more money for you.
> why do people invest?
There are a bunch of wonky economic reasons why if you wanna crack open your Adam Smith’s and the like, but really its the above, who doesn’t want more money.
> is it risky?
Depends on how you define risk.
– If you define it in the common use of it, of there being significant danger of harm or death though financial in this context. It can be but you shouldn’t be putting yourself in those scenarios. You shouldn’t be reliant on investment returns to live essentially.
– If you define it in investment parlance, where risk is just how volatile the price of an investment is (how much it could go up or down in a given time), then inherently yes. If there was no risk, you couldn’t make money off it. From there its a question of how risky you want to be.
> does it need bitcoins or crypto?
Dear god no, crypto is gambling not investment.
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