It all boils down to how much we need and that's based on our personal situation
I for example have to much debt to live a simplistic life and need way to much to not work 6 days a week. I am trying to get rid of debt and that is my main goal for 2018 but it takes discipline and dedication on your part
So back to passive income some times even if it's just $50 a month that could pay for one of your expenses or even just one bill. So we make mistakes in investing in ico and the lending platforms thinking that that will change our lives and set us up to lambos and Champaign lifestyles and when they don't we lose hope get all sad but jump on the next one like its going to the answers to all our dreams
Bottom line is if sounds to good to be true its probably not
However when it comes to crypto the rules have changed or should I say the thresholds have changed its not uncommon to make well over 10% gains in 24 hours but we don't cash out at that point so we have made profit but don't utilize it on our everyday lives so it's this viscous circle of ups and downs with no relief. That's where investment come in but you need to take out and use I get the whole compounding effect etc but if you not going to withdraw it and use it in your day to day lives you are lying to your self and will lose most if not all of it so don't let greed get the better of you it's better to make a small profit than not at all
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Hi, great post, worth a follow. Looking forward to some more of your stuff.
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