Do you prefer Digital Investment/Business over Physical Investment/Business?
Both digital and physical investment pay and are good, they both have their pros and cons we all know that but the world is going digital and the internet is making everything easier by the day and honestly speaking the most money is been made online these days, all you need to do is find the one that works best for you, then take advantage of the beautiful nature of the Internet to make yourself rich, it doesn't really have to be crypto trading, although am a crypto trader but if you know you can't handle the emotional and mental rollercoaster that comes with crypto trading, I advise you look for something else to do that you would be good at.
I have some friends that are really making so much money from YouTube, they make reaction videos, reactions to music videos, and they give movie reviews also, I honestly tried it but I won't like to you I was very bad at it, so I knew that was not going to work out for me, so I had to look for something else, that was when I heard about forex then later crypto and fell in love with them or the idea that I can make money from anywhere and at any moment, I don't even need to leave my house, unlike physical jobs or businesses where you have to leave the house for 5 or 6 days in week, to make your money and you would to either fuel your car or take public transportation, which means you have to spend money on your transport fare to work every week day or day you need to go to work, but if you are working online or have a digital job where you are your own boss, you don't even need to leave your bed to make money, all you need is a good network connection, your mobile phone or laptop and you are good.
For digital investment you can be hacked and you lose all your investment or for crypto traders, you can get rug pulled of you invest in a shitty coin that has no real life use cases, for the hacking part as far as you don't click on any link from an unknown sender or an untrusted person, you are good and for extra security I recommend 2FA, the for being rug pulled that can be avoided if stay away from shit coins with no utility, now for physical investments, there are so many unexpected issues that can come up, let's say you are into dispatch deliver service the car engine can get bad and that's a lot of money to fix or change, you can get scammed and your money will be gone, you can get robbed e.t.c, the truth is they both have their pros and cons but for me, I prefer digital investment over physical investment that why am into, crypto, move to earn and content writing here on hive and I'm still looking for more crypto jobs I can do.
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Investments might give you quick money but very risky, while business can give you gradually give you money and grow into something bigger in future..
The both are goos to venture in, In as much as you can take the risk
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I think both digital and physical Investments or businesses all have their advantages and as well their disadvantages.
If I've a gun to my head to pick one, I would rather give up the ghost because they are both same in terms of how much energy, human power and resources required to scale from 0-100.
Digital business will require automations which will cost more and increase the cost of production.
Physical business will require more of human capital which will also increase the cost of production.
Same are other factors assigned to both physical and digital business.
In digital businesses, you need leads / Prospects in physical business you need customers.
It's same thing just a twist in their names.
In digital business you need more of digital marketing and physical Business require more of traditional marketing.
They both require fundings.
To me, I believe they both play their roles.
I prefer having the two side by side 😉.
Just my opinion though 😉
I see your points and they are valid, but I will still go for digital investments or businesses.
Posted Using LeoFinance Beta
Yeah 🖐️ it's your choice and I respect that ✅
Winning is the goal 🙌
Yes man, that's the plan 🙌