Hey guys, a principle I have been pondering as of recently involves youth and financial investing. As everyone knows capital can be hard to raise flipping burgers, cleaning, taking phone calls etc. on a minimum wage amongst almost all jobs that require no pre requisites (1st jobs). All aside, to successfully make a significant investment it can take alot more time to gather an initial amount to start passive income, daytrading etc. as opposed to in the future working a higher paying job that requires profession.
Another thing to take into consideration is experience, obviously knowledge increases your odds on making a successful return in your intended field. However, knowledge comes with time and when handling money is very significant! As essentially money is time. Life is all about making the most of your short amount of time you've been gifted with.
That leaves overlaying question... While you're young is it better to pull a hail mary into a long term investment as with the minimal amount of research you have conducted if you believe in a long term project such as crypto currency as time passes despite gambling all of them relentless weekends of work for 0.12 of a BTC. Maybe it’s superior decision to do research while you’re young and in the future when it’s easier to rally capital with a full time better paying job. I myself decided to pull the hail mary devoting 40% of my miniscule income to the blockchain, but as again I have achieved nothing and I’ll see how it pans out in the future. Hopefully I’ll have a conclusion to this in the future one day! Thanks guys, feel free to leave a reply as I respond to all of them positive or negative, praise or hate this is the internet 😘 .