#AskLeo - is crypto your only mean of income?

in LeoFinance3 years ago

Hi,

for today's #AskLeo, by @acesontop (go and check his content), I want to ask you a question, that might have been obvious two years ago, but with the recent bull run from this year, the situation might have changed.

The question is if you have any other income means beside crypto?

I will answer first, as I'm the one asking it.

Yes, I have other means of income, as I work a 40h week as fully employed. Besides the employment, I have some side ventures or hustles. Would still call them ventures, as they are incorporated and not done on a buy sale basis.

I'm still having a long way, till I can solely rely on crypto, that it provides enough income for my family and me. If I wish to happen, of course, as this would be a good retirement plan.

Even if I'm a strong believer of diversification, and not having all the eggs in the same basket, I see that crypto can cover this easily as there are different types of crypto assets and applications. Also, crypto can be used in different fields, like healthcare or even real estate.

In our family, we are working to be independent and don't rely on a space that ties us, and crypto can offer us this freedom.

We still have some years ahead, but, I'm pretty sure, we will be able to reach it.

How about you? Is crypto your only mean of income?

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heck no, I would struggle to pay the utilities bill if crypto was my only source of income :)

Right now we are living on my husband's retirement income. I am not taking any crypto profits out as of yet. So it is not a living on income yet.

Short answer: yes.

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There you go. I was hoping that at least one person would say they live out of crypto!

Some !BEER and !PIZZA for this!

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I'm pretty much full time crypto. I'm thinking about re-entering the work force though. It would take a lot of pressure off trading, and also give me more capital to work with.

Yes! Another one who can support himself via crypto, even if for you seems stressful. A Dood needs to be relaxed.

Maybe some !BEER and !PZZA will help to relax.

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Sorry, out of BEER, please retry later...

Also not with me. I had my own company, but decided to go bigger and join a corporation. I work about 50h per week, but I'm also like you, looking for a early retirement plan, and Crypto is one way out.

I do not derive 100% of my income from Crypto but I am full self employed :-)

How about you? Is crypto your only mean of income?

No but this is an additional source in case if needed. Currently working full time in a company.

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No, crypto isn't our only means of income yet. I kind of like it this way though, we can easily pay our fiat bills with fiat and leave the crypto alone for later days.

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PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@alexvan(3/8) tipped @acesontop (x1)

Learn more at https://hive.pizza.

😄 Muss ja über diese Frage schmunzeln.
Ich freu mich für jeden für den diese Art von Einkommen funktioniert, ich würde das so nicht wollen. Von Cryptos leben mit einem Mehrwert den man leistet ja. Also vom bloggen oder zB als Künstler, Programmierer von Games usw, sehr cool. Aber einfach vom besitzen von Cryptos, fänd ich für mich nix.

Mein persönliches Crypto-Volumen ist nicht mal ein Tropfen auf den heissen Stein, stört mich aber auch nicht sonderlich.

Liebe Grüsse,
Raffi