Wealth Accumulation in the Encryption Industry: How to Balance Life and Investment Journey

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Crypto Assets Wealth: A Journey Beyond the Digital Life

In the Crypto Assets field, many people view "financial freedom" as the ultimate goal. This industry does provide many with the opportunity to go from zero to wealthy, and sometimes can create astonishing wealth in a short period of time.

However, this phenomenon of quick wealth accumulation has also brought some issues worth noting:

  • Difficult to break free from high-risk investment behavior
  • Trapped in a cycle of constantly pursuing short-term gratification
  • Blindly following trends in investment, lacking rational judgment
  • Overly comparing oneself to others creates psychological stress

Seeing people around me achieving financial freedom at a young age or performing far beyond myself inevitably leads to feelings of frustration. But we often overlook a simple fact: work is essentially just repetitive labor day in and day out.

Although financial freedom is the ultimate goal for many, rather than blindly pursuing an unattainable high net worth, it is better to learn gratitude and cherish the achievements already made during the pursuit of dreams.

For example:

  • Saving 100,000 USD before the age of 30 is already an incredible achievement!
  • Achieving financial freedom between the ages of 35 and 40 is still something to be proud of. After all, most people need to work until they are 55 or 60 to save enough for retirement.

Why not view the process of pursuing wealth as an interesting game? Set different milestones for yourself and reward yourself with a special experience each time you achieve a goal. This not only makes the pursuit of wealth more enjoyable but also allows you to enjoy more of life's pleasures on the way to achieving your ultimate goal.

As wealth accumulates, there are many ways to improve the quality of life for oneself and one's family before achieving financial freedom.

Care for Parents and Family

  • Upgrade parents' living conditions: improve housing, replace cars or electronic devices.
  • Provide comfortable daily necessities
  • Take them to travel to the place of their dreams
  • Enjoy a high-end dining experience
  • Bear health-related expenses
  • Set up a retirement fund for parents
  • Consider hiring domestic workers or personal trainers
  • Upgrade Home Goods

The health of parents and sufficient savings are the most important guarantees for their old age. We should share this fortune from the crypto assets industry with our family.

Caring for Partner

  • Share daily expenses and travel costs
  • Improve quality of life by purchasing electronic devices or high-end daily necessities.
  • Meet their personal preferences, such as purchasing luxury goods

Having a supportive partner is an invaluable treasure. They stand by you through those busy days, providing you with a strong backing.

Be Kind to Yourself

  • Purchase your favorite electronic products or brand new items
  • Settle all debts
  • Buy an RV, pay off the loan in one go
  • Improve sleep quality
  • Improve convenience in life, such as hiring professional services
  • Focus on health care
  • Cultivate new hobbies or learn new skills

In this high-pressure industry, it is very important to be kind to yourself. Reward yourself by improving your quality of life and investing in yourself. If this money is not used to change your life, then it is not truly wealth that changes lives.

Gradually Enhance Quality of Life

Phase One (Five-Digit Net Assets)

  • Repay debt
  • Prepare emergency savings
  • Provide allowances for parents
  • Purchase Insurance
  • Upgrade work equipment

Phase Two (Six-Digit Net Assets)

  • Settle remaining debts
  • Improve the lives of loved ones
  • Upgrade personal and home life
  • Continuously convert part of the profits into fiat currency

Stage Three (Seven-Digit Net Assets)

  • Purchase real estate or automobiles
  • Diversified Investment
  • Establish a retirement fund for parents

Phase Four (Eight-Digit Net Assets)

  • Establish a personal fund or family office
  • Hire personal service staff
  • Help parents achieve full retirement

Conclusion

Don't wait until you achieve your ultimate goal to start improving your life or giving back to your loved ones. In the pursuit of financial freedom, by gradually enhancing your quality of life through different milestones, you can not only bring positive changes to yourself and your family but also enjoy the journey better.

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BearMarketMonkvip
· 21h ago
Have you settled at the end of the month~
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LayerZeroHerovip
· 21h ago
Suckers should also be played for suckers less.
View OriginalReply0
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