Topic: Here's what you gonna do if 2019 is not the bull run year - page 3. (Read 12952 times)

I fully support your opinion. Patience is one of the greatest gifts. Who knows how to endure and wait, he will get the best. You should not consider cryptocurrency as the basis of life. It is imperative that in addition to cryptocurrency, you need to have another stable income. Cryptocurrency should be an investment in the future. Bitcoin is very popular, and I do not think it will ever be possible to destroy it. If not this year, then cryptocurrencies will soon be on the top spot.

Making profits in crypto investment does not necessarily depend on the bull run of the crypto market but its all about your strategic plans used in minimizing ones level of risks whiles investing in the crypto space. The bull run in 2017 was just a plus for people who had a long term investment strategic plan.

It is best source of earning, no one actually know when the price will be high but we only can hope and wait for the right time, you can work with your job at the same time you can invest and hold, because it is like test of your patience if the price will not rise even at the end of 2019, holding is the best thing we can do ever, move with time and do what actually suits you.

Only thing to do is to have patience and hold just like we've been doing this past year. Such a delay can only mean a mega bull run is imminent, just wait for it

No way to cutting the expenses.

he completely agrees, to wait and continue to work, it at me the mood, the market anyway will begin growth, let not in 2019, so in the following, or in several years, our patience and devotion crypto will bring good income.

Even if the bull run this year will not be, it is still not a reason to leave crypto.  I continue to study crypto and invest in it. There's no point in leaving everything I have right now.

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.

1 - Save a portion of your day/night job income and make it a habit

This is probably one of the hardest things to do when you're making a living with your day or night job. The first thing to do for yourself is learn how to PIF (Pay It Forward). Every time you receive a paycheck, start committing to yourself that you should reserve that specific amount to your piggy bank or so and never touch it until the time is right. Maybe you can use it for emergency funds, starting a venture, etc. Once you do that by disciplining yourself in this habit, there's no doubt that you'll be on your way to success.

Although there is nothing wrong if you just stick to your day or night job, but it's not an ideal way to become time and financially free. You can't simply just put all your eggs in one basket you know? Learn how to diversify by involving yourself to multiple income streams.

2 - Invest in a profitable venture and increase your cash flow

I admit that last year was our year. It's our breakthrough! However, this year had gone the other way around in which the bears are winning. I did #HODL some tokens, but I was also asking "What am I gonna do with my money sitting in my wallet or bank for a very long time?".

The goal was to potentially secure our future. I usually don't treat crypto as a full-time income source. Definitely not! They're just a fuel for us to be provided with additional needs and wants. Even though crypto could potentially "moon" when the time is right, increasing our cash flow was the right thing to do.

To do that, start investing in a profitable venture. I usually don't recommend investing in insurance though. They're not ideal for me. I usually invest in urban hog raising, which is agri-related and it isn't gonna saturate due to the demand of pork. Investing in BPOs, construction businesses, etc., as capitalist would also be other good options. Starting a traditional business isn't my forte. I don't want to stress out my first few years in doing hands-on. Leveraging is the key. Let the money work for you.

But hey, don't quit your full-time day/night job until your passive income coming from your ventures are bigger than that.
 
3 - Learn to live broke temporarily by cutting off your expenses

We all know that bills cannot be avoided. Yes, and all of us are feeling the same thing. However, if we want to survive, we should learn first how to live broke temporarily. You don't need to buy expensive shoes, clothes, TV or so if you're still struggling in your life. What matters is that you can still use them, right? There's nothing wrong if people see you wear same kind of old shirts, uniforms, pants and shoes too often. You don't need to go to Starbucks or any other expensive coffee or restaurants out there if your income is so limited. We can still purchase sachets of coffee at affordable prices.

As long you're not yet financially stable and your expenses are bigger than your income, it's not ideal for us to keep spending on some things that aren't important in our daily lives. You can only do that by learning how to get out of the rat race, in which your income is bigger than your expenses.

I am not an expert, but these tips are surely helpful based on my personal experience. They're gonna be difficult from the start, but if you keep going, everything will run smoothly.

"The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money." - T. Harv Eker