The Investment That Changed My Finances By @salifumohammed

in hive-147599 •  2 years ago  (edited)

Greetings to everyone,how are we all doing? I hope are all doing great. It always joyful whenever there is a contest. Well I want to thank @Steem4Nigeria and @fredquantum for bringing out an interesting contest. The contest is about Investment That Changed My Life.

investment.jpgsource

Before one can answer a given question,you have to understand the question before tackling it,as they say understanding a question is half the answer. First you have to ask yourself what an investment is.
To me, investment is putting your money or an asset in something with the aim of making profit. There are different types of investments,we have long and short term investment. The short term is about 12 months(1year) to 36 months(3years). Long term is about 3 years and above.

So as an investor,you have to ask yourself what type of investment you wish to do. Some can choose short term and that will change their finance, while some will also go for long term that can also change their finance.

What is the name of the best investment you have been involved?

There a lot of investment around, and before one can invest,you have to do research on what, where and when to do your investment. Since we are in a modern world,you can invest in something from different continents.
The name of the best Investment I involved in is STEEM. Steem is a decentralized application that is been build on the blockchain.The reason is that, I am not looking for benefits in a short term,I want to blockchain to grow well before I also gain. I am taking it as a long term investment since I don't want the benefits within one to three years.

What financial sector does it belong to?

The investment that I am in is steem and it is in thr Cryptocurrency financial sector. Cryptocurrency financial sector is exist digitally or virtually. It uses a decentrealized system in recording transactions.

What is the outcome of the investment? Successful or the other way.

Looking at the outcome of my investment,I can predict that it is a successful investment. Because you don't invest in something that you know it's won't be successful. But since I am a long term investor in steem,I am doing all my possible best just to grow the blockchain by powering up my steem. Since steem grows everyday, definitely I can boast of my success in it.

Are you still living on the effect of the investment?

Yes I am. Because I know definitely that I will achieve greatly one day,as far as the blockchain keeps growing.

Would you be willing to go into a new investment anytime soon? If Yes, what type of investment, and what is your plan towards achieving it?

Well,I am willing to join new investments that will boost my financial status. And am not willing to do other investments that will distract my long term investment in steem. I want to achieve big as a human,I want everything that can yield profit to me. I love steem,but am ready to go for other investments as times goes on.

To end with, investments is a good thing. I advised everyone to de more research about the investment they want to jump in to. Steem is a good investment to me, and I love doing it. I will do everything in order to bring in people for blockchain to grow well.

I invite @lukman1, @ophoto and @titi7 to join the contest. Thank you for reading through my post and I hope you enjoy reading it.

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Thank you for sharing. Just like you I am also committed to Steemit. It's so true, investments take research.
Good luck for your investment!

Thanks for participating in the contest. We appreciate telling us a few things about your experience on Steem. Your entry is well noted. Thanks once again.

Thanks for sharing your content in the community and for participating in the contest. We wish you the best.