Good morning my fellow Nigerians, from my little experience for this industry I fit boldly tell you say if you no follow this principles e go hard you to make am for this industry. Nine make I say make i put down the 5 major keys way person need to make am for this crypto space. The first one na
All the 5 points you mentioned above are valid points as far as one's financial lifestyle is concerned. If we must grow our financial assets, then practicing all of the 5 points that you mentioned is paramount. For instance, if person does not have a good savings culture, he would hardly make progress or grow his financial assets over time. And he will only be faced with making money and spending money at the same time. Hence, becoming a circle in which he would be wandering on.
Secondly, the crypto space is all about education, it's all about enlightenment, about knowledge and understanding. Which means that if you do not have a foundational knowledge and a current knowledge and understanding of how the crypto world is working, you may not be able to take advantage of the opportunities that are bounded in it. And in any sphere of life, you need to tap from opportunities in the industry to be able to maximize the potential benefits in it. This makes financial literacy one of the key proponents of being in the cryptocurrency industry or space.
Thirdly, having a multiple stream of income is vital. The moment you start to make money or grow your assets in the crypto world, the next thing you want to do is to diversify. You want to open more doors for your crypto assets so that you can see them during the rough and tough days. This is why diversification in life generally is helpful. But whilst you diversify, ensure that you are grounded in the first stream before you can open up other streams. So that you don't end up having multiple streams of income but benefits from none.