Many crypto enthusiasts think about accumulation. The concept of buying low and selling high dominates their approach. There is nothing wrong with such an approach; I often address some of the best ways to achieve the benefits of such a dynamic. However, it can usually be a very short-sighted approach. Multiple methods are essential, with passive or residual income being the primary objective. The long-term focus should be the prevalent strategy.
Speculative investments remain the primary focus of most Crypto investors. However, a single payday cannot be compared with ongoing income significantly when it increases over time. Passive income strategies can produce ever-increasing yields, ultimately enhancing one’s income. Isn’t this precisely what is required in an inflationary-based world? I have often addressed staking projects and the effect of early exposure. This is just one example of how income can increase exponentially over time.
Income consistency is more important than a few isolated wins. Building income models will become increasingly attractive once the market begins to plateau. However, why wait? Once again, the early participants in any idea always benefit the most. It’s essential to always acknowledge and factor this into any strategy or approach. WEB3 continues to…
