What amazes me about crypto is how your thinking changes the longer you are involved. This all started out nearly 6 years ago with no expectations and a lets see as we go mentality. In hindsight this was probably the best attitude to have as nothing gets you down just by rolling with what ever happens next.
The idea of building a crypto portfolio to subsidise my pension came at around two years and that was mainly down to seeing the growth taking place on the portfolio. You start to realise that you may be onto something that has serious potential and it does become slightly more serious even though the fun aspect always remains the focal point.
Year 3 of my crypto journey was interesting as the All time highs were flowing around in November 2021 which changed the thinking yet again. This was no longer a pension top up plan, but a proper income blowing the pension idea out the water. The ATH's has revealed the crypto portfolio values for the first time which was both exciting and scary.
Year 4 was when the idea cane up of creating passive income streams, but more importantly putting myself under no time goals. The reality is you don't have any idea what is physically possible because you are dealing with the unknown here. The lets see how this goes mentality is still very much the plan with the aim of achieving the best possible results.
The idea of finding 1o passive income streams earning $25 each per month was the main focus until I soon realised that this idea was too ambitious. I have never counted Hive as an income stream so it was 10 others besides Hive. Finding 10 decent staking projects is the issue as this is easier said than done. The research alone finding them and staying up to date would take serious commitment and why this number of 10 was revised down to 5.
Two years later I have only one and two starts which are still in their infancy stage. The $25 target on the first one has already been achieved and expect that to be earning $150 per month even at these Bear Market prices. This is a good test of where you truly are as virtually everyone could live off crypto at the ATH's, but not at their low points. This is the common mistake so many make saying they are all in until the market tells them otherwise with a 10th of the income they thought they had.
The next two years the focus is to cement my position with the other 2 projects and try and achieve the $25 per month minimum which I believe I will. This will put me over $200 per month om only 3 income streams plus knowing over the next 2 years these prices will rise and the lows of today will be much higher lows in the future. There is definitely money to be made even if it seems like not that much in the beginning.
What amazes me about crypto is how your thinking changes the longer you are involved. This all started out nearly 6 years ago with no expectations and a lets see as we go mentality. In hindsight this was probably the best attitude to have as nothing gets you down just by rolling with what ever happens next.
The idea of building a crypto portfolio to subsidise my pension came at around two years and that was mainly down to seeing the growth taking place on the portfolio. You start to realise that you may be onto something that has serious potential and it does become slightly more serious even though the fun aspect always remains the focal point.
Year 3 of my crypto journey was interesting as the All time highs were flowing around in November 2021 which changed the thinking yet again. This was no longer a pension top up plan, but a proper income blowing the pension idea out the water. The ATH's has revealed the crypto portfolio values for the first time which was both exciting and scary.
Year 4 was when the idea cane up of creating passive income streams, but more importantly putting myself under no time goals. The reality is you don't have any idea what is physically possible because you are dealing with the unknown here. The lets see how this goes mentality is still very much the plan with the aim of achieving the best possible results.
The idea of finding 1o passive income streams earning $25 each per month was the main focus until I soon realised that this idea was too ambitious. I have never counted Hive as an income stream so it was 10 others besides Hive. Finding 10 decent staking projects is the issue as this is easier said than done. The research alone finding them and staying up to date would take serious commitment and why this number of 10 was revised down to 5.
Two years later I have only one and two starts which are still in their infancy stage. The $25 target on the first one has already been achieved and expect that to be earning $150 per month even at these Bear Market prices. This is a good test of where you truly are as virtually everyone could live off crypto at the ATH's, but not at their low points. This is the common mistake so many make saying they are all in until the market tells them otherwise with a 10th of the income they thought they had.
The next two years the focus is to cement my position with the other 2 projects and try and achieve the $25 per month minimum which I believe I will. This will put me over $200 per month om only 3 income streams plus knowing over the next 2 years these prices will rise and the lows of today will be much higher lows in the future. There is definitely money to be made even if it seems like not that much in the beginning.