Investments is not advisable on only one source of income
Investment is a proper and reasonable action to take in other to secure a financial means of survival and maintaining financial stability in the nearest future. It is quite said that this shows how diligent and hardworking one maybe when investment are progressing with your actions towards it to succeed and yield more gains.
There are so many source of income and businesses one can invest in that may yield profit and benefits when doing so but the question is with such investment been made is it advisable to invest in only one source of income.
Like I said earlier there are many source of income that an individual can invest in to make profit which I believe crypto is not left out in that scenario at all. Investments is definitely a wise choice and a nice idea but putting all eggs in one basket is not appropriate and probably not a good decision take.
I believe the sudden fall of prices in Crypto is a good example of why investment shouldn't be done on only one source alone with the downfall of LUNA been a good example to delibrate on.
It is not new anymore how we experience the heavy downfall of LUNA in the Crypto market where so may investment made ran into loss and many individuals were affected by this sudden deflation coming from LUNA.
The crash also lead to some people committing suicide due to the shocking and heavy downfall of the price that occurred and I believe for such scenario to happen definitely means most of the investment they made was in LUNA without having another means of investment made with such huge amount lost.
It is advisable to always have a backup when making investment for future purposes which should be part of eradicating financial means and having another source to depend on when others are not delivering the required results needed.
The Hive blockchain is a perfect example of investing in different coins which is pretty nice in seeing investment progressing. We all know at the moment Hive is down but isn't a problem because it is still a win-win situation moving in a progressive state.
Despite that there's a backup in the blockchain which is the HBD and seeing this two operates in the blockchain really develop the act of making more Investment to be made because both is beneficial to sustain financially regardless of the price which I appreciate the blockchain for such opportunity happening to succeed.
To invest is a good decision but storing them in only one source of income is definitely not appropriate for future purposes and to avoid this requires investing wisely.
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