Since the retracement of Bitcoin, the market has become boring. Sometimes, the direction of Bitcoin is unclear. For example, the price action of Bitcoin is actually confusing. I have learned one thing in these recent days: As a crypto trader, do not rely on trading as your only source of income. It is good to have another source of income like real estate, staking, crypto jobs, mining, and other legitimate sources of income. If I say that I will force trade now, it can end up in a loss.
What is your take on this?
You're right.
That's what actual diversification is. You're not leaning towards only one source of income and as well as your assets. I like real estate and crypto and other sorts of trading.
There are miners here and as well as others that have other side hustles. Soon, if there can be other legitimate source of income that shall add to our profit, we should take it if we can be one of it and we shoot to the requirements of how to start it. Most of them no doubt requires some capital, either with money and/or time.