Topic: True wealth comes from income when you sleeping but earning - page 7. (Read 1835 times)

True, and maybe that is also the reason why some people succeed but there are also some others who fail, humans are social creatures and every human being has the same portion even though they have different capacities and limitations, but often I see when people have limitations in themselves but they are able to take advantage of other things in themselves and make it an opportunity to make more money, meaning and actually in my opinion there is no reason to fail, but maybe most of those who fail cannot dedicate themselves with intention and hard work in totality.

Overall I assume that it seems to be their biggest barrier is because they are too indulgent so they are stuck in a comfort zone that makes their mindset not developed, everyone has common sense but not everyone is able to utilize it properly, so there are some people who feel very comfortable even though they only have one main job that supports all their needs, while others have a different mindset and principles, As you said, we have to pay a high price at the beginning, whether it's spending a lot of money to make capital, spending more time or working harder, and maybe I would also say that people who are too comfortable with one job or income without doing anything else useful to improve their financial situation then maybe they will forever be a worker under the fingers of others.

Investment is the only way which can give you profit when you are sleeping because it increases in worth during favourable circumstances but the value of profit will depend on the amount you are using for investment.

If you are using money then your money will be increasing in value but it is not possible that without using money and working hard you will sleep and will become wealthy in just one night. In some cases you will just use your knowledge and money like investment in crypto and then leave it for appropriate timing then you will see that your invested amount has been increased if your coins remain profitable.

This is definitely a reality for all of us, but I don't think people come to realize this because they still give more time and value to their respective jobs instead of dedicating most of their time in finding an investment that will give them passive income. However, no regrets that appear in the beginning, it's always in the end. People will realize eventually when they're no longer capable anymore to work and go to their job sites.

Just with the same sentiment how OP describe the topic, right investment can bring you decent benefits, money will flow if you are in the correct path, though not always to bring huge amount but even in a small form of profits as long as it's bringing results is still a profits, let your money do the work after you invest on it. Not an easy task though since you still needs that skills and the knowledge when looking and sorting what's best for investment, but if you manage to find the right one, surely it will happen and it will be good to have something that you can depend in terms of financial needs.

Having a passive income demands more efforts and time that's why even if a lot is trying to make it, only few have survived and gain success. That's what people say that in order to gain extraordinary profits and success, you have to pay the price first. Otherwise, you will just settle on a single active source of income and receive minimum amount of income, compared when you go extra mile, you will gain a multi sources of profits that will lead you to live a comfortable and even luxurious life.

The point of everything you said is that we have to sacrifice our youth to do things that are beneficial and have the potential to bring benefits in the future, which is a difficult thing to do, even if you are physically able to do it but logically you may not agree to do it while other people your age are enjoying everything they earn by wasting either in terms of money earned from work or the time they have.

As you said, it is very unlikely to be done when we are getting old because of the age factor that does not allow us to do or think about too many things. Therefore as I said above that we have to think hard as early as possible and take advantage of our young time to do many things that can potentially bring us to financial freedom in the sense of making money without having to sweat, and of course it requires a process and time that may be quite long, therefore I think it is most likely that the idea will be realized when your age starts to enter old age which is probably around 50 years or so.

It is called as passive earnings and it's not new. Everyone wants it because like you said, it gives them freedom of having a profit and then at the same time they can do whatever they wanted to do.

Not all passive earnings are huge and in fact it was mostly small due to its advantage, so we can only mix it up with our other earning activities, mostly the active ones. Sleep is important, so we must not compromise it only to squeeze some profits in our wallets, and as they say: "Health is Wealth". With that being said, wealth or true wealth can also come in many forms and only only limited to passive income like what the OP is talking about.

In order to be able to earn income by not doing anything, of course we have to be able to prepare ourselves as early as possible so that we can have the opportunity to experience income without having to do work. What you said is certainly true. When we are old, of course this will be very difficult for us. To be able to do work that is physically demanding, of course this will be very unlikely for us to be able to do, so it is important for us to be able to think about work that we can do or that we have a business field that we have run well and we can get a share of the results. these efforts and we will be able to enjoy old age in peace.

True indeed. It’s best to still earn money while you sleep, than to keep on working in order to earn an amount. No one holds our future, if time comes that you’ll be incapable anymore to do physical jobs, then how would you create an income for survival. This is an important fact that one should not overlook, or else we will definitely won’t stop working until our last breath. Make sure that aside from your active income, you also have your other sources that can give you passive income, that way you will have a bright future ahead.

That is a good idea, if we earn while we are sleeping then we will surely become financially free, and we will earn a profit that most of the people will not earn because they are sleeping without income or ways to earn  even if it is a small profit it is still good enough because we are sleeping while earnings come we cannot use a force or work hard to get the profit and that was a good and big advantage.

I would say that getting bigger risk is not the solution, many may think that it could be the solution but the reality is that it will not be good at all, you are going to end up with a bad result. The better result would be trying get more and more capital, that way you are going to end up with a good result, it will definitely make it better for you.

Not a lot of people realize that part, but if you keep doing that then you are going to be getting richer not by only putting more money (which is a great way) but also that money will grow while it's there too. This is what most people do, USA has 401k for example, you put more and more money every month there basically, and if you max it until you retire, you will retire a wealthy person.

There are ones who would really be not that contented on what they do have and since we are just humans then it would really be normal that we would be greedy but bare in mind that not all that who would really be  tending to continue to work and handle out their business despite of being a billionaire or wealthy but still continuing on the things that they do but doesnt mean that they are greedy but rather its something which is really that right to be done because management with your income sources  will really be just right for you to handle them and manage to make it work and would be continuing to income generating.
We cant really be that so confident in terms of income source because there more money we do have the more things that comes up into your mind and just like been said that there's no such thing about being enough.

We would really be working and would be doing business until the end because we do have plans on trying out to pass all of those wealth into our loved ones once we do passed away into this world.
Yes, there's no other that could benefit out but only with our loved ones and this has been the main thing on why we are thriving in the first place.

Personally I'm not a fan of staking, I rather be with my coins and dispose them when I have seen substantial profit. Why will I even stake my coin in the first place, what if the project fails before the maturity of my staking period. I won't totally entrust my hard earn coin in the hands of individuals who will detect how I use my coins, it's no different from what the banks are doing. There is not even a guarantee that once you have staked your coins that you will make enough profit off that project, it's just like a gamble and the chances are 50:50.

The reality is that even those that achieve great financial success work a great deal until the end of their lives, and an example of this is Warren Buffett himself, he has enough money already to retire and enjoy the rest of his days without working, and yet he does not stop working, so even having all the money on the world is not enough to achieve this, you also need to have interests other than your job, because if you do not, then even if you become incredibly wealthy you will still work until you die.

That's right, we are all trying to walk towards financial freedom in our own way. Warren Buffett's sentence can be interpreted in different ways, personally I tend to interpret it as an encouragement to never stop thinking. One of the best ways to have passive income is to invest, as we know, cryptocurrency offers the opportunity to get the desired profit. This is one of the options available, and of course there are many other types of investment that you can try. However, in my opinion, cryptocurrency is easier, but requires someone to learn and update information all the time regarding market prices.

Besides that, we cannot deny that all of this requires initial capital, and will take time and energy to get the profits we want. However, if we are consistent and try our best to have passive income, there is a big possibility that we will succeed. Almost all jobs have risks, but what we have to remember is not to lose our main income because we are looking for passive income. There are so many opportunities available, we just have to move and make them a reality.

This is what we are all thriving but this one do really sounds that too basic or easy to say but actually the most or hardest part to be done by a certain individual on which considering that we would really be that needing up that time,effort and capital for you to be able to make things work or could really be that possible. The only issue on here is on how you would really be starting? What are the things that you would really be needing up to consider for you to achieve such success? This is where people or someone will really be making their own ways or methods on how to make  things possible.
Yes its hard but its not something impossible. It is really just that each one of us would really be having their own ideas on how to deal up with things.

Who doesnt want on getting rich or having that financial freedom? We are all thriving to achieve such thing but of course its not something that would really be that easy to attain.

Of course, real wealth is when you sleep but you still produce, or what we usually call passive income, and yes, it is not easy to achieve financial freedom, but some people can achieve it, meaning that nothing is impossible to achieve a certain goal. beautiful if we are willing to take action and work hard. However, it requires an unusual struggle, but people who have achieved success always say that there is no process that betrays the results.

Everyone can make money with the time they have, but not everyone can use their time to create various opportunities while making money from their main job, meaning you have to work and think harder to do two or more things at the same time. And it's not uncommon for me to hear the principle of successful people that they sacrifice their youth for a beautiful future, this is a choice, but the majority of young people these days are more concerned with their youth by enjoying various things and also by buying various actual goods. they don't really need the money they earn from one job while successful people allocate most of their money to things that have the potential to bring greater profits in the future such as investing or building a business.

Since you are considering earning while sleeping, do two or three things together, like roughly investing the number of reasonable bitcoins for him? On the other hand, if you want to trade a good business, then you can do a good-looking business, and it would be foolish to sleep by investing in just one bitcoin because it is difficult to predict precisely when the cryptocurrency market will turn. For this, you can't depend on one, and you need to understand well which one can be done from which you can expect a good income in your country. On the other hand, it's a better sign if you're making regular Bitcoin investments on a limited scale.

I agree, as long as it is passive. Who doesn't like passive and easy money? and that's one way that even if you sleep, you still earn.

Just be careful doing that on exchanges because the private key isn't with you upon doing deposits there. Well, you know your risk but it's rewarding isn't it?

In any case, in order to sleep and earn money, you need to have a certain capital, or take care of a project or business that will generate profit without your intervention. In my opinion, the most suitable option is staking, but for this you need to first buy a sufficient amount of cryptocurrency, so that the profit is in the required amount.