Quote from: C10H15N on June 21, 2024, 09:43:25 AM

Quote from: eightdots on June 18, 2024, 09:29:16 PM

In the past, the salaries of working people provided them with the opportunity to build their future. Most salaries today are just enough to live on until the next salary and not enough to do anything additional. The biggest problem of employees today is their inability to invest for the future.

It is necessary to take steps to start a new business or generate additional income. If a fixed salary is not enough, it is necessary to look for ways to invest for the future. Investing is one of the biggest things you can do for the future.

This, while an unfortunate reality for most, is 100% correct. 👍 Simply working and saving is not enough for anyone earning even an above average salary.

Even working, saving and investing still not enough to set for the early retirement, the interest offered nowadays are astonishingly aside from the investment that requires high risk there's nothing really worth investing, crypto is the only since we are only at relatively early phase right now there's still many things that we can invest knowing the space of cryptocurrency keep growing every year. But even then we're also still exposed to the risk.

so far its pretty shitty economic condition that we're in, the only way to get out of this probably just to stake everything that we have into one thing it could be investment or anything, increase that risk by few folds and hope for the best. otherwise we gonna need to pay mortgage for 30 years like anyone else even then such mortgage only affordable by people earning 6 figures.

Quote from: terrific on Today at 07:54:13 AM

Very possible.
If my investment in crypto will earn me $1M then I'd be set for that and I'll live within my means and if possible, below my means.
I'd reinvest that into something that I know more or if not, I'd do just the same routine while doing not so heavy with my business.

a man can hope, but personally and realistically speaking $1M gonna be tough for someone that starts out with just few grands at most doing investment in crypto like the average joe.
unless its meme coin but only very few people making it big from meme coin anyway, the truth is, most of crypto already high valued the potential to rise even higher become lower going opposite to the capital growth.