This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Investing will lose you money but also win you money BIG time
The answer to this question is something only you should decide for yourself.
I was joking with a financial mentor, blaming her for consistently badgering me to invest in crypto. I’m a late adopter. I kept meaning to do it (and by that, I mean learn about it because I hate being an ignorant investor) but didn’t want to invest in something I didn’t understand. But she kept badgering me and telling me I had to get in or else. So, I gave in, and I listened. I even started reading articles about crypto and watching tutorials.
Disclaimer: I only invest 1–5% (the average recommended percentage for crypto investing) of my investment portfolio so that way if I lose money, it doesn’t hurt much.
The funny thing is, I’m still skeptical about crypto – even though I’m somewhat educated about it. However, as a techie, I do believe it is the future. As you learn more about crypto, it makes more sense, and you realize it depicts a realistic future and is a game-changer. If you’re unfamiliar with crypto, watch some videos, learn about decentralized banking and how it simplifies monetary transactions and eliminates massive fees.
Early adopters are risk-takers; they usually take the biggest hits financially, but also experience the biggest wins.
I’m not recommending that you invest in crypto, but I believe blockchain and cryptocurrency are the future. Don’t believe me? How often do you utilize cash? We are already functioning off digital currency. Most places take cards now, and many places use a digital wallet. It doesn’t take much intelligence to realize that the world is headed in a different direction – the direction of digital currency and decentralized banking.
But all of this crypto talk is beside the point…
You Need to Invest, Period.
I’m not going to suggest you invest in one thing over another (e.g., real estate, cryptocurrency, the stock market, start-ups, etc.). However, I will recommend that you invest in something.
Inflation doesn’t touch everyone at once, but it catches up to us all at some point.
Here’s why: If you don’t invest, you will subject yourself to losing money daily. Cash is not king. You need to put your money to work, so it can compound and make more money for you. The only way to do that is through investing. Yes, investing requires a certain amount of risk, but that’s what it takes to reach your goals.
Get comfortable losing money so that you can make more money.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.