This should be the drawcard and the reason why more and more people will become involved in crypto. What crypto offers is not a get rich quick scheme but the opportunity to build real wealth over a shorter period of time in comparison to the real world. What I find frustrating is that so many miss the point of allowing the time required to make the difference.
This is what makes no sense with the majority in crypto as they are not prepared to work the time required and why so many will stay poor. The crypto cycle is a cheat sheet to get ahead in life yet so many are more interested in dumps and pumps. Crypto takes time and dedication with time being the major factor we have to use to grow our dollar value.
There is no excuses for anyone being in crypto over a period of 10 years to still be struggling in life financially. If you have been through one cycle you have the knowledge and experience to capitalize on the next 6 years which should be enough time to make life changing wealth.
Looking back at my working life I wish we had crypto back then as this is truly a game changer for those who are already involved. Comparing to the real world it is possible to out earn those earnings 20 x over the same period and why it is important to pay attention and understand what is on offer here.
My goal is having a $1 million portfolio value within 10 years and I know this will be achieved. You try and achieve that in the real world starting from nothing as that is virtually impossible no matter how lucky you get. $100k per year for 10 years is a decent income with only a small percentage of the population achieving this through their professions.
Crypto offers an abundance of riches unlike anything else due to being so early on with so much adoption yet to take place. In 2018 I invested $1K in crypto and if that wasn't lost to a hack and just left it in Bitcoin it would be worth 4 x the investment and we are in a bear market. This would equate to an 80% return year on year for that time period. This is nothing as the rice is expected to rise over the next 2 years which would expect to see that double , triple or possibly much more.
I am glad I made the move from working for a company to becoming self employed due to not being happy living from paycheck to paycheck. With crypto you can do both though as working for a company whilst building your portfolio as compared to spending it makes more logical sense, Those spending their crypto now run the risk of diluting their overall returns and reducing the impact crypto will play in their lives.
The ability to transform your life as you know it is by acting now as there is too much unknown with the risk of missing out a serious possibility. The impact 10 years of staking and growing your crypto portfolio will only be known when it happens, but we do have some idea of what the dollar value could be.
Posted Using LeoFinance Alpha
