It is possible to achieve your goals with crypto.
But first…you must realize that you’ll need a system to help you achieve your goals.
Systems are everything. They’re everywhere. We live in a solar SYSTEM. We have a seasonal SYSTEM. Your body has 9 systems that make it work.
Why? Because systems make success PREDICTABLE.
Also, systems give you information about what you’re doing wrong so you can adjust and have a baseline from which to measure.
The first step, however, is to identify your goals.
Do you want to generate six figures and replace your income or just make a few hundred per month passively?
Defining this first will allow you to work backwards.
Let’s take an example:
If you’re looking to make a few hundred a month, then you’ll need to look for opportunities that will generate you about $75/wk.
This means you need coins that fluctuate around that much. Some established coins like BTC and ETH will do that.
But if you’re looking to replace your income and don’t have a lot of capital to begin with, then you’ll need to compound your capital first.
This way it will be easier to generate small amounts from a larger sum in the future.
To give you an example, starting with $10,000 and compounding it at 11%/mo (or 2.5%/wk) in 2 years, that $10,000 would be just a shade up under $100,000.
And once that happens, you only need .5% or 1% to live a life of freedom.
(BTW – don’t ever underestimate the power of compound interest)
Of course, you have to execute on your system and manage your risk, but when you do so, the above truly is possible.
Author
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.
