Do You Depend On Crypto For Financial Stability

DBRF...R1BM
10 Mar 2024
3

Image by Icons8_team from Pixabay

Sounds risky right? But it is not something impossible but we all should have second option for earning or else it can be dangerous. Honestly I'm at risk and last three years I'm depending on crypto completely and luckily it didn’t disappointed me. Crypto helped me having financial freedom and stability but still I don't recommend this to be dependent on it financially and completely.
I left my full time job because I had opportunity to earn crypto by investing my time and brain only so I was lucky but I can't assure anyone to be lucky like me. I had financial concerns, ups and downs but at the end I was stable and crypto worked as a big blessing for me. Why I don't want you to depend on crypto investment? Because here down situation is not always bearable for everyone and investment needs time to bring something fruitful profit and you need weekly, monthly earning or money that you can spend for your regular need.
Before earning and depending on money I had back up money in my personal bank account and that was my financial strength and that allow me to be dependent on crypto investment even when my all investment was not profitable and I faced brutal scam attack that snatched away my earning of two years. My back up money always become my biggest financial support and I'm blessed that I never asked for any kind of financial help yet from others. I wish I never ask for any kind of financial help from anyone in my whole life.
To depend on crypto investment is possible when you are not new in the market, you have decent amount as saving or you have full time job or running business as second or first income source. Crypto doesn’t commitment that it will make you rich over a night, its not a scheme to be rich but when you are in the market for long time with a big investment then yes you can ensure financial freedom for years but for small investors its risky to depend on crypto investment and earning. 
Bitcoin investors knows that holding coins can be fruitful investment in this field and whale investors make millions and billions when bitcoin to the moon. Some inspirational stories may influence new investors but they should know how the process actually work. Before investing on crypto coins you shouldn’t have any kind of misconception on it and making huge research can help you to be a wise investor on crypto. 
Crypto market is open for investors but here investors prefer invest the money they can take risk or afford to lose. Investing lifetime earning on it and make it double and triple is not the policy of this market. You have to invest both time and money and time investment can be the best investment and it will be fruitful for investors. I'm not telling you that you shouldn’t depend on crypto but I'm telling you to have alternative way of making money for financial stability.

BULB: The Future of Social Media in Web3

Learn more

Enjoy this blog? Subscribe to kiembacty

2 Comments