Earning Multiple Streams Of Crypto Income Needs To Be A Passion!
Passion Fuels Creativity
When you consider an avid gardener, you will immediately think of someone who is always planning. In a similar way that a passionate gardener will begin imagining a “solution” for every barren piece of ground, a passionate investor seeks out “opportunity”. A passionate investor is always on the lookout for new and viable opportunities. Not only that, but a motivated investor will seek to improve and enhance existing investment structures. It is this drive and vision that ultimately separates the average investor from the truly successful. It is always important to think in terms of percentage gains and not dollars or BTC. Not Everyone has access to wads of cash, but given the opportunity, many can generate impressive percentage returns over time.
The Perfect Foundation
If you are able to consistently produce great returns, in terms of percentage of invested capital, then wealth is the eventual outcome. This is how passionate and dedicated investors eventually generate wealth. Continued implementation of their strategies and dedication over time eventually yields more meaningful results. Once again, this is where compounding plays a vital role and will always be present in some way, shape, or form amongst passionate investors. When you are motivated to reach a goal, creativity takes on a life of its own. Multiple strategic plays, as well as compounding, are key in the creative process of great investment strategies.
Great Results Spark Determination
Once you begin to see results, further encouragement is triggered. This ultimately unlocks even more passion and dedication, and before you know it you are making significant progress. Enjoying the process is an imperative aspect of success. Not only in the Crypto world but in any aspect of life. Very few people are able to excel at something they don’t really enjoy. Being passionate about creating streams of income will enable you to push harder and further. It will fuel the tenacity required to succeed. There are many who stop and start along this journey. They want the results but simply lack the sheer passion and determination to see it through.
Motivation Measures
It’s always a great idea to comprise a visual representation of your income portfolio. This can be done as a spreadsheet and so easily monitored. Keeping track of how certain income streams are performing and experiencing growth can be a great motivation. An underperforming stream can also act as a motivation. It can signal the need to “get busy”, by revealing areas that require attention. No matter how passive an income stream may be, it will always require some attention, especially if you wish to see it increase over time. “Taking stock” is always a good exercise to bring things into perspective, while simultaneously providing a "health check".
Final Thoughts
Develop a love and appreciation for investing and developing streams of income, and before you know it you will be viewing it as a beloved hobby or sport. It is also important to remember that not everyone enjoys this “side of life”. However, for those of you who do, be encouraged! This can be a truly rewarding journey that continues to yield fruit well into the future.
Disclaimer
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.
This article was first published on Sapphire Crypto.
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