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Creating Passive Income In Crypto Has This Amazing Dynamic
Having to work every day in order to generate income has a way of programming the human mind to view money a certain way. It also encourages people to think a certain way when it comes to money. Firstly, money is seen as something that is exchanged for time. This is the view that is only partially true and evident in the working world. Secondly, the thinking is skewed because now, all income is valued according to time. In other words, a person may view $20 per hour as a reasonable exchange for their time.
So, if I mentioned a passive income opportunity that earned $0.25 an hour, such a person would most likely laugh at me. The reason being, it is being processed through a programmed mind. A mind that values income according to time.
Time Is No Longer A Factor
What such a person does not realize, is that time is no longer a factor and has no significance as a metric. Only in the case where another opportunity is able to yield a better return over time. However, this is a different form of time. We are analyzing your own personal time and how much is needed in order to earn a specific amount. Let's return to the passive income opportunity of $0.25 per hour. The first important factor here is that a person generally works 8 hours a day, whereas a passive income opportunity works 24 hours a day. Already the principal amount is larger by a factor of three. Weekends and public holidays continue to accumulate at this rate. This is not even the powerful dynamic at work.
Earning Fiat Numbs The Ability To See Opportunities
The most important aspect to latch on to here is that you are earning Crypto. Bitcoin has consistently increased by 200% every year, since its inception. This does not happen each and every year, as most may think. Rather, it is an average over time. Due to the cycles created by the halving event, there are years of losing ground, later met by years of enormous growth. Seven years ago, one Bitcoin was worth $600. Today it is worth $55 000! What could you buy with $600 then? What can you buy with $55K now?
Fiat that is earned and consequently spent is never thought of in terms of gaining value. It is gone as quickly as it arrives. For this reason, the average person is unable to factor into account how a minimal amount in dollar value can become significant.
A Perfect Example
A passive earning mechanism that earns $0.25 per hour for 1-year yields approximately $2196. Compound this amount for 10 years at 100% per year and you come out with $2 246 508.00! This is using 100% per year and not even 200% per year which is the actual figure, at least until now.
Consider the fact that every year that passes means that the mechanism creates another $2196, which yet again grows to a significant amount. These are projections and the actual return of BTC over the past 12 years has been halved in order to compensate for less than stellar performances going forward. It is important to note that past performance is not indicative of future performance.
The correct mindset, combined with the correct asset can produce phenomenal results!
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.