Work hard now and keep doing freelance jobs; when I’m able to get at least $5 worth of bitcoin passively everyday; then I can spend time with my family and start a simple business near our home.
it's a good earning for sidejobs or freelance jobs, anyway how long you can reach $5 everyday..? are you online 2-3 hours each day ?
It's possible to get more money if he will change his work to something more professional, something what require skills. Still online but more money it's bettert,isn't it?
It's erroneous thinking if people believe that in order to attempt to generate passive income, they invest from passive income.... that's really ridiculous.
If you recognize the value of something increasing in value, then you can attempt to earn income from all kinds of sources and place $5 a day or more into that something (in this case bitcoin) while you are continuing to build such a nest egg.. and you build, and build and build the portfolio of holdings from all kinds of resources that you generate - passive and active sources, and as the nest egg builds it has the ability to become more and more passive in its ability to generate its own income... and in the beginning, while you are still building such a nest egg, you fold any profits and income into the asset in order to cause it to become bigger and bigger, while also attempting to live within your means - meaning your income exceeds your expenses - and you can place any extra income that you generate into your investments (which in this case would be bitcoin, but could be a variety of assets with a more heavy leaning in bitcoins, if you believe that bitcoins will appreciate more than other assets), and as your bitcoin holdings grow, the potential for it to generate a sufficient cash flow to support all of your monthly expenses increases to such a degree that the "passive" cashflow from it is enough that you do not need to place more money into it... which could actually take many years to achieve such levels.. and these kinds of efforts to build a nest egg can start with $5 a day or whatever level that you are capable of generating, whether from passive sources or otherwise... and really preferable to build with non-passive sources because you can control and likely generate a whole hell-of-a lot more active income whether from labor, skills or otherwise than passive income (especially if you are talking about starting out with not a lot of capital).