Most of the time, the issue affecting a lot of people is not the fact that they are not ready to invest in some certain things but they don't really know what they should invest into. As a beginner, it can really be confusing when there is a lot of investment options that surround you but you don't even know which one to consider.
I have discovered that this is really happening to a whole lot of people. For a beginner that is entering the financial world, sometimes it can be confusing which one to invest into between the crypto space or the stock space. It can really be overwhelming..
For some people, the big question is should I invest in crypto or should I actually invest in stocks. For me, I believe strongly that both of them have their pros and cons which I will be talking about. Starting from the accessibility and the ease of tenth, I will give it to crypto. Crypto is much easier to start than stock.
You can easily create a new account on Binance and start trading. But for stocks, it is not really easy as many people always think. You will need to pass through a lot of verification process which at the end of the day might even result to issues.
When we talk about the aspect of Volatility, of course the Crypto space is much more volatile than the stock aspect. If you are not able to control volatility movement, then as a beginner I will say the crypto space is not for you as instead you should consider the stock.
When it comes to Volatility, it has both it's advantages and it's disadvantages most especially when you are a lover of profit, then I will say Volatility is for you. But if you are not a lover of profit that much, volatility might not be for you. Not only that, if you did not know how to control risk, then I will advise you not to chose crypto as the beginner. Try to sort out for stock as the beginning.
Someone might be asking, where should I invest into which I will not lose? The truth is, there is no one that you can't make loss the same way there is no one you can't make profit. All just depends on your risk management and how you are able to handle that which comes to you. For me personally, I will prefer to invest in crypto as the beginner then as time goes on, I can actually diversify and reach out to stocks and much more. That is my advise to a whole lot of people.