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In recent times, it has been suggested that savers are increasingly disinterested in the rate at which their wealth is able to grow, as they instead turn their attention to issues such as cyber security and identity theft.
It’s a fact in investing that if you don’t carefully select the right trade to make, you put yourself at risk of large losses.
As anyone who has ever tried to start a business, or has encountered significant unanticipated expenses, or had to endure a gap in employment before starting a dream job can attest, savings are the lynchpin of financial independence.
I’m going to share with you a little story that demonstrates the power of compounding, and the impact it could be having on you right now.
Saving money is itself not a very appealing or adventurous task, rather a difficult one.
What most of us have been taught about risk is wrong, and it’s probably holding you back from obtaining real wealth.
Created in 2009 by Satoshi Nakamoto, Bitcoin is a digital currency. It offers the benefit of lower transaction fees than other online payment processors.
Albert Einstein, the famous scientist once said that “the most powerful force in the universe is compound interest.”
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