"INVESTMENT WITH MY STEEM| MY INVESTMENT @SUR-RITI

Greetings! My dear friends .

I wish all my steemian fellows and I want to participate in this contest INVESTMENT WITH MY STEEM organized by @richy20.

Before writing anything in this competition, I invite my following five friends :-

@adnanashfaq339
@peace-woka
@onomzy001
@promah
@wasa2020

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1- What do you understand by the term investment?

The word investment means that what you do in relation to securing your savings and growing it is called investment. Many people play very safe game in this matter and invest their money only in safe and guaranteed, government sector, but the profit is less in this, and the amount of your money definitely increases in a few years, but in the market Due to the falling rate of money, it is possible that the purchasing power of that increased amount has become less than the earlier value. Therefore, by investing in the market, more money can be earned by taking some risk. It is also said no risk no gain.

2- What do you think your Steem can help you achieve? Briefly describe the investment.

I don't even think that the rate of steem will start increasing from the end of 2023, and by the end of 2026, its price is estimated to be up to $2.6 by some market economist. So I have started investing in it now and by the end of 2023 I want to develop 7000 steam power. Although my goals are even higher, but for that it is also necessary to keep an eye on the ups and downs of Steam prices. Steem can grow my savings up to 10 times in 4 years.

To invest in Steem I have to keep on increasing my power-up and if necessary I have to invest in it from my personal savings and I am doing it just 5 months ago on 4th December 2022 Actively started working on this platform and today I have 3250 steem power in my wallet, and I will make it 4000 soon by the end of June 2023.

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3- Briefly discuss about Investment/Business and how it works?

Currently, almost all the currencies in the world of crypto currency are going through a very bearish time, and people who understand the market say that when the bearishness is going on, that time is the best time to buy. Before investing in any currency or share or fixed deposit schemes of any company, the investor should have complete knowledge about that company, its past performance is also seen, its current schemes and government policies related to that business. is kept in view. The investor also benefits from the experience and government relations of the owners or management of the company.

4- What are the benefits and expected profits from the investment?

Continuously increasing profit on the amount of your money is called profit and the profit that is expected according to our estimates is called anticipated profit, but in this process the estimates do not always prove to be correct, sometimes losses have to be incurred in haste. . Long term investments always give better returns than short term investments.

5- **Are there any potential challenges to the investment idea? tell us **

Unless any investor has full knowledge about the investment of his money, he should not invest, and if he does not have the capacity to bear any loss, then he should not invest at all. It is necessary to be patient in investment, if an impatient person wants quick results from his investment, then he can also suffer loss. But steem is an emerging crypto currency and investing in it will definitely increase your money and your powers will also increase.

Thanks for reading my post , please comment on this post.