One might be hearing this for the first time, like me, you may actually imagine a rat taking a race with its sporting wears, sounds awful to some people likening humans to rat, but it’s quite different from that.
Rat race is like a phrase most times used in the financial sector like we have the Leo finance here too.
Some bloggers and traders in the hiving system of the crypto world have made a lot of commitment towards making earns meet, but it is to no avail…exactly what we are talking about, “Rat Race”
Making no step to getting an increase in a financial state to meet the demands or expenses daily has been the mentality of most crypto traders. We’ve been hearing the success stories of most people here since they joined the crypto world, might be a few stay as compared to your own, but they are progressing in the financial state, that’s a question to be asked…
You have been in the system for some number of years now, but still haven’t made it yet, the Rat Race you are running, how can I end this? A question you should ask. Don’t forget, the rat race has no finish line. People are struggling to get ahead financially, how?
Have you ever asked yourself this, how can I escape the rat race? Here are some tips to delve into and experience a more fulfilled financial freedom:
Exposure to financial education: we know very well, that in our society, we have the poor and the rich and the most common difference between these two arms is the level of education. Most people delve into crypto trading without the knowledge of what they are going into. The knowledge about crypto as it has to with digital currencies, will be an important instrument to help get out of this trap.
I can recall, when I joined the blogging environment newly, there was a community that was teaching about crypto trading and its intricacies, understanding the dips and when to invest, it was a nice session which gave me an insight about trading with less risk, remember, trading comes with risk, but your understanding of how to trade will make you overcome the risk attached to it.
Improving fiscal intellect: looking at your expenses day after day and measuring up your income will make one think on how to meet his/her demands, there is no way you can give your expenses completely but rather looking forward on how to improve your fiscal intellect to the meet your demands.
Savings: some people who delve into the trading world, make the mistake of spending their income unnecessary on luxury goods, this should be the last thing on the minds of traders of crypto until they reach the level to which their resources have been built enough to cater for such goods. For instance in Hive blockchain, powering up your Hive token is a means of saving your tokens.
Investing: When I started working on the Hive blockchain, my mentor told me something that I won’t forget, that which was…”You earn money”. And this is exactly what I have seen in the history of the rich men, they invest and earn before they spend or indulge in luxuries. Hive is a nice platform that gives the opportunity to invest and earn , for instance, auto upvote of peoples posts, delegation of tokens to communities and so on, these are great avenues to invest as well as in other tokens when trading. We most times see when new tokens comes in to existence, what they do is to give traders the avenues to get those tokens at cheaper rate through crowd funding and this with patience over time becomes a large investment bringing out extra income. Although one may look at the risk attached to investment as a barrier, kill the fear and make the bold step after having an idea about the token’s sustainability.
Posted Using InLeo Alpha