Investing virtual money, blockchain
Cryptocurrency (Cryptocurrency) is also known by other names such as: electronic money, cryptocurrency, algorithm money, ... is a type of digital asset. You just understand, it is similar to USD ($), or VND (₫) ... but only digital. So you will not hold or carry with you like normal money. Through the Internet you can exchange this currency easily. In order to carry out financial transactions, cryptocurrencies must use cryptographic functions. Blockchain is the core element that makes up virtual money. Blockchain technology makes this encrypted currency immutable, decentralized and transparent.
For newcomers can understand simply that you spend money to buy a virtual currency (coin) then wait for the price increase and then sell the coin. The virtual currency market fluctuates so strongly that buying coins can earn up to 10 times the initial capital spent after 1 month, but the risk from this market is also very high means that you can lose 90% of capital after 1 month.
Super profitable venture capital investment
It's really difficult to make money online investing with little capital, so super profitable venture projects are born to attract these investors. These investment forms can be divided into 2 categories:
HYIP investment: multi-level projects, ponzi called hyip collectively have attracted a lot of investors, especially in Vietnam where scam multi-level projects up to trillions of dong. However, projects that create fomo in the community can grow from 6 months to 1 year will help you x10 to x100 of capital, so this model can still exist and develop to the present.
Investing coin MLM: Coin MLM, Coin Lending or Coin multi-level are digital money projects operating under the ponzi scheme that are beginning to popularize again in Vietnam between the context of Bitcoin and the crypto market. With positive price movement, this is also the time when MLM projects reappear.
In Vietnam There are still a lot of newcomers learning about digital money, regardless of what MLM coin is, how it is different from traditional coin and the level of risk when investing in MLM coin.
Coin lending is like HYIP, the only difference is that you need to buy coins before you can participate in these lending projects. Interest rates and risks of this form are very high, if you find a good project, you can earn x10 initial capital in a short time.
Invest in yourself
Billionaire investor Warren Buffett once said: "Invest as much in yourself as possible, you are your biggest asset up to now." It is not only recently that it has been mentioned that continuously improving and learning skills is so important to a career.
You invest in your business, your competitors can influence your company. But if you invest in yourself first, nobody can take away your energy.
We have seen many successful young people, they are now successful entrepreneurs and also a role model for many young people of the new generation.
Doing business, investing in a career is very attractive, because it can be profitable, it can get rich quickly, it can give us high status.
But in fact, before age 30, the most important thing for you to invest, should still be yourself.
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