Quote from: Moreno233 on January 30, 2024, 03:20:25 PM

Quote from: Pierre 2 on January 29, 2024, 07:19:55 PM

I think internet age caused various delusions towards people aged 10 to 35s. Most of us hate their jobs I am sure of it, but %99 of us need that job to survive. Bitcoin investments can completely change your life that's true, but when you are able to keep accumulating more and more Bitcoin thanks to your monthly income - its much better. Quitting job can only be viable strategy when you are able to daily trade crypto. And even if you are that much skillful, you will still need big savings to support that life.

I will really love to know how you arrived at this conclusion that most people in their active age hate their jobs. Well it may be possible in some countries where government give unemployment benefits and take good care of their unemployed population. But here in my country, I doubt if such statement is correct because getting a job is the dream of every young person. With a job you will be able to achieve your targets including investing in Bitcoin which requires a source of income to be able to HODL. How can you hate your source of income, I mean something that gives your food? Were you forced to accept it?

Quote from: Xampeuu on January 30, 2024, 03:16:04 AM

To get financial freedom, I think we have to have at least 3 sources of income, where the first is monthly income, such as when we work or have other businesses that generate income and are able to meet our daily living needs, after that we move towards passive income, where our assets can generate money. without us having to work, for example on rent. On the other hand, we also have to have portfolio income, such as empty land that is increasingly being developed or investing in shares or cryptocurrency

It is not about how many sources of income you have that determine the level of success and comfort but how reliable are the sources of income. Funny enough, I have see some people under the guise of diversification invest their money in several different coins with the believe that if one happens to pump to several multiples of the investment, they will be fine. Unfortunately, luck ran out of some of them as they ended up investing their money in different shitcoins that died without vomiting any profit. So we should be careful of what we call sources of income or business because not all businesses or investment are worth making.

Of a truth, having reliable source of income is important as that is what will help anyone hold his Bitcoin investment. So effort should be made to secure a reliable source of income that can pay the bills and enable one invest with ease and comfort.

Having a reliable source of income is very fundamental an essential but it is not enough rather working towards having a meaningful and determine purpose is what makes it more colourful. There are those who have this reliable source of income but create room for mismanagement they even become indebted before the end of month yet they have reliable source of income, curtailing budgets and expenses according pressing needs could help in achieving individual goals in life and in Bitcoin accumulation.