I will let the picture speak for itself - just admiring the price action. When a bank or 'expert' tells me I should be happy with 10% to 16% ROI in a year I have a hard time not telling them they are damn wrong.
In crypto land freakish returns typical only in leveraged asset classes abound. There is little to no red tape associated with conventional brokerages and risk is tailored to fit for any size of minnow and beyond. Where else can you risk as little as $20 and still catch 1000%+ gains and higher?
Better still it costs nothing to HODL like a bastion of emotional fortitude - leveraged positions like options and futures lose money over time via time decay and cost hefty interday margin. Cryptos put time on your side - it is also still early enough to beat the smart money.
I hope to make some crypto wins and reinvest that money into passive income generating devices like dividend velocity stocks, real estate investment trusts (REITS), and quality discounted Closed End Funds (CEFs). Many pay stable monthly and quarterly div yields of 4% to 13%. So what the banks say their inadequate growth instruments provide should really be a minimum ballpark for passive cash income.
I also make sure to own real estate and physical gold and silver. Turning crypto to metal is rarely an unwise decision.
I believe every Steemian and person in general should be in control of their financial destiny. Employment can become working poverty synonymous to labour through coercion. Question: do the majority of people make a wage able to support basic quality of life with any surplus to save? I know that I struggle and my wages are great compared to many - so the bottom 30% of earners are losing vital quality of life.
My personal solution: as many streams of income as possible. Over time compounding is the ultimate power.
Binance is my favorite exchange and I advocate sign up. I am also providing a link to one or two educational resources I am affiliated with.
To great trading and taking control of the game,