This question is especially for those who have been into crypto for a long time. How did cryptocurrency help you, most specifically financially? Did you earn more? Gain more investment? I do have a friend who wants to get into crypto but he does not have a lot of savings in his bank account or any major investment. I told him to save more before getting into crypto because they still have mortgage and car loan to pay. Do you think crypto will help him out to?
when i began in bitcoin, at first i was joining campaigns and bounties, my earnings there really helped my finances, it became my part time job, at first, i am not earning that much because of my rank, but because of patience and hardwork, slowly i ranked up and added more earnings, joining bitcoin does not require much capital to start with, since bitcoin is still a risky investment, putting huge amount of capital requires more cautious measures, i dont know how fast your friend can recover with the help of bitcoin, but i think it will ease a bit up for him, do not put all his money left to crypto, as the risk is higher, in trading bitcoin, it is still best to invest money that you can afford to loose and not the money that was left in your wallet to put it all in crypto investment.
We cant deny that saving is a virtue for people before getting into investment. Investing cryptocurrency, however, does need to spend much time on saving. Because as I think that in realistic, investing in crypto is such a kind of saving money, its just my thinking. Because cryptocurrency, bitcoin, for example, gives us a free choice to get in, especially it definitely does not ask us a big amount of captial to enter the market. Weve just need a mall amount of capital, but its enough. Its a convenient way for saving because when you have an intimate knowledge, a wealth of experience and skills, you will soon reach great fruits. If you failed this time, you completely have chance for the next investment.