I recently asked "What if you could get 100K USD using crypto" in places like noisecash, hive, steem and discord groups. And I got different type of responses to the question. Here are the results of what people want to do with 100k USD. 1. Business/ Startup investment 2. Real estate investment/Rented income 3. Farming, gardening, homesteading, community local lifestyle 4. Re-investment into crypto, DeFi and other ROI generating investment. 5. Charity 6. Healthcare, Insurance 7. Travel (Local or International) Pretty interesting results. Though I focused the question for Asian and African users considering that much USD conversion to local currency would be higher, though still it makes below middle class and middle class level money. Things are now expensive in asia and Africa for middle class people considering junk food, good food, medicines are getting expensive. Moving on from lifestyle point. I think our current communities and the people have right path with their set of investment and they are not just burning the money earned from crypto. I am glad that some of the really good direction people can think of for that much small money. What do you think? What have you learned from this? Image Credit: https://unsplash.com/photos/K0E6E0a0R3A
3 comments
Esmee this platform will really teach people more and help us... Im rooting for it, it is promising.
It can be done over a few years. Earn fro musing all of those sites. I'm on hive, leofinance and noise.cash. Use those earnings to compound on the sites themselves and take some to convert into other tokens and use for defi. Start earning passive income of 10 20 per day and repeat. Then when you hit those numbers in a few years start a crypto based business to add value back into the system and start earning from it too. At the moment the plan is right on track.
Thanks we need people like you in noise, keep us inform fam!