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Author Topic: Here's what you gonna do if 2019 is not the bull run year  (Read 12917 times)
cheezcarls (OP)
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December 11, 2018, 11:24:29 AM
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 #1

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.

1 - Save a portion of your day/night job income and make it a habit

This is probably one of the hardest things to do when you're making a living with your day or night job. The first thing to do for yourself is learn how to PIF (Pay It Forward). Every time you receive a paycheck, start committing to yourself that you should reserve that specific amount to your piggy bank or so and never touch it until the time is right. Maybe you can use it for emergency funds, starting a venture, etc. Once you do that by disciplining yourself in this habit, there's no doubt that you'll be on your way to success.

Although there is nothing wrong if you just stick to your day or night job, but it's not an ideal way to become time and financially free. You can't simply just put all your eggs in one basket you know? Learn how to diversify by involving yourself to multiple income streams.

2 - Invest in a profitable venture and increase your cash flow

I admit that last year was our year. It's our breakthrough! However, this year had gone the other way around in which the bears are winning. I did #HODL some tokens, but I was also asking "What am I gonna do with my money sitting in my wallet or bank for a very long time?".

The goal was to potentially secure our future. I usually don't treat crypto as a full-time income source. Definitely not! They're just a fuel for us to be provided with additional needs and wants. Even though crypto could potentially "moon" when the time is right, increasing our cash flow was the right thing to do.

To do that, start investing in a profitable venture. I usually don't recommend investing in insurance though. They're not ideal for me. I usually invest in urban hog raising, which is agri-related and it isn't gonna saturate due to the demand of pork. Investing in BPOs, construction businesses, etc., as capitalist would also be other good options. Starting a traditional business isn't my forte. I don't want to stress out my first few years in doing hands-on. Leveraging is the key. Let the money work for you.

But hey, don't quit your full-time day/night job until your passive income coming from your ventures are bigger than that.
 
3 - Learn to live broke temporarily by cutting off your expenses

We all know that bills cannot be avoided. Yes, and all of us are feeling the same thing. However, if we want to survive, we should learn first how to live broke temporarily. You don't need to buy expensive shoes, clothes, TV or so if you're still struggling in your life. What matters is that you can still use them, right? There's nothing wrong if people see you wear same kind of old shirts, uniforms, pants and shoes too often. You don't need to go to Starbucks or any other expensive coffee or restaurants out there if your income is so limited. We can still purchase sachets of coffee at affordable prices.

As long you're not yet financially stable and your expenses are bigger than your income, it's not ideal for us to keep spending on some things that aren't important in our daily lives. You can only do that by learning how to get out of the rat race, in which your income is bigger than your expenses.

I am not an expert, but these tips are surely helpful based on my personal experience. They're gonna be difficult from the start, but if you keep going, everything will run smoothly.

"The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money." - T. Harv Eker

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December 11, 2018, 11:55:54 AM
 #2

I believe that in any case, if you are in this market means you believe in it and if I was not mistaken in this you need to buy more crypto currency on the drawdown.

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December 11, 2018, 12:01:27 PM
 #3

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.

1 - Save a portion of your day/night job income and make it a habit

This is probably one of the hardest things to do when you're making a living with your day or night job. The first thing to do for yourself is learn how to PIF (Pay It Forward). Every time you receive a paycheck, start committing to yourself that you should reserve that specific amount to your piggy bank or so and never touch it until the time is right. Maybe you can use it for emergency funds, starting a venture, etc. Once you do that by disciplining yourself in this habit, there's no doubt that you'll be on your way to success.

Although there is nothing wrong if you just stick to your day or night job, but it's not an ideal way to become time and financially free. You can't simply just put all your eggs in one basket you know? Learn how to diversify by involving yourself to multiple income streams.

2 - Invest in a profitable venture and increase your cash flow

I admit that last year was our year. It's our breakthrough! However, this year had gone the other way around in which the bears are winning. I did #HODL some tokens, but I was also asking "What am I gonna do with my money sitting in my wallet or bank for a very long time?".

The goal was to potentially secure our future. I usually don't treat crypto as a full-time income source. Definitely not! They're just a fuel for us to be provided with additional needs and wants. Even though crypto could potentially "moon" when the time is right, increasing our cash flow was the right thing to do.

To do that, start investing in a profitable venture. I usually don't recommend investing in insurance though. They're not ideal for me. I usually invest in urban hog raising, which is agri-related and it isn't gonna saturate due to the demand of pork. Investing in BPOs, construction businesses, etc., as capitalist would also be other good options. Starting a traditional business isn't my forte. I don't want to stress out my first few years in doing hands-on. Leveraging is the key. Let the money work for you.

But hey, don't quit your full-time day/night job until your passive income coming from your ventures are bigger than that.
 
3 - Learn to live broke temporarily by cutting off your expenses

We all know that bills cannot be avoided. Yes, and all of us are feeling the same thing. However, if we want to survive, we should learn first how to live broke temporarily. You don't need to buy expensive shoes, clothes, TV or so if you're still struggling in your life. What matters is that you can still use them, right? There's nothing wrong if people see you wear same kind of old shirts, uniforms, pants and shoes too often. You don't need to go to Starbucks or any other expensive coffee or restaurants out there if your income is so limited. We can still purchase sachets of coffee at affordable prices.

As long you're not yet financially stable and your expenses are bigger than your income, it's not ideal for us to keep spending on some things that aren't important in our daily lives. You can only do that by learning how to get out of the rat race, in which your income is bigger than your expenses.

I am not an expert, but these tips are surely helpful based on my personal experience. They're gonna be difficult from the start, but if you keep going, everything will run smoothly.

"The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money." - T. Harv Eker
Thats possible if everyone is going to believe that saving method. But not all people is paying attention in this simple but truthful idea of Saving, One thing is for sure if theirs a money left in the pocket the only purpose of it is to buy something just two? your needs and less needed!
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December 11, 2018, 12:13:45 PM
 #4

Nice tips mate, btw I still belive that 2019 cryptocurency will be moon, also keep hold you Bitcoin or Altcoin/Alttoken don't let the fud control your mind. forget about crypto for a moment and spend your time with you family Smiley.

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December 11, 2018, 12:35:27 PM
 #5

Great tips. Many made a lot of profits in 2017 and lived like a King thinking the upward trend will continue so they were unable to save some for tough times like this year. Diversify investments into different markets is also a good idea.
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December 11, 2018, 12:42:28 PM
 #6

At least 3 sounds more like an advice for the ones investing more than they afforded. But all in all, the advises are not too bad.
I would add one more "Get a second job". It's not a nice direction, but shit happens.

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December 11, 2018, 12:43:16 PM
 #7

Good advice for anyone actually, especially the part about side income or night job. I have always tried ever since I was a student to have a small freelance job that you can do online. It doesn't matter how small the income is, but it should be something you do only a few hours a week that you set aside for lifetime savings. In my country of course we have pensions but in private jobs, this is only enough to last you 4 or 5 years maybe after your retire. Before I got into crypto, all this money went into my pension.

I would say though to make this habit, whether or not 2019 is a bull run. But don't put everything into cypto. Just enough to make sure you have some, and enough in a normal pensions account for your own retirement. Not to be rich, but to be secure for your family.

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December 11, 2018, 12:45:41 PM
 #8

That's a great advice. There really isn't much earning without learning first. I'm actually doing most of the things you have listed.

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December 11, 2018, 12:47:45 PM
 #9

Well, i like the tips immensely and i am already doing one of those.

I am saving abit, and already started carting away my portfolios too
Buying the dipper dips and watching my portfolio

In 2019, i recommend to be smarter, quicker and sharper
it will help your trades.
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December 11, 2018, 12:48:10 PM
 #10

Market has really proven to be tricky in last couple of years and seems like it is slipping back to the point from where the rapid growth started, we all know for massive moves like dec jan last year market needs massive volume and inflow of huge funds, only hope at the moment seems to be the eth related upgrades and change of algorithm that may  create hype and people may invest big sums to take advantage of eth staking.

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December 11, 2018, 12:49:05 PM
 #11

Great tips. Many made a lot of profits in 2017 and lived like a King thinking the upward trend will continue so they were unable to save some for tough times like this year. Diversify investments into different markets is also a good idea.

Wow.. what a great advised.. yes. i agree with the above posted topic / advices as posted. But i just have few additional input.  Invest only the amount you can afford to loss...learn the market of crypto currency, don't panic instead be patient, analyze the market status before making such decision.always protect your profits by cashing out as you feel possibilty of drops or early sign get off the market. Patient on monitoring the market.etc.etc.Let just hope everything will be a favorable market come 2019 and beyond...
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December 11, 2018, 12:59:06 PM
 #12

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.

1 - Save a portion of your day/night job income and make it a habit

This is probably one of the hardest things to do when you're making a living with your day or night job. The first thing to do for yourself is learn how to PIF (Pay It Forward). Every time you receive a paycheck, start committing to yourself that you should reserve that specific amount to your piggy bank or so and never touch it until the time is right. Maybe you can use it for emergency funds, starting a venture, etc. Once you do that by disciplining yourself in this habit, there's no doubt that you'll be on your way to success.

Although there is nothing wrong if you just stick to your day or night job, but it's not an ideal way to become time and financially free. You can't simply just put all your eggs in one basket you know? Learn how to diversify by involving yourself to multiple income streams.

2 - Invest in a profitable venture and increase your cash flow

I admit that last year was our year. It's our breakthrough! However, this year had gone the other way around in which the bears are winning. I did #HODL some tokens, but I was also asking "What am I gonna do with my money sitting in my wallet or bank for a very long time?".

The goal was to potentially secure our future. I usually don't treat crypto as a full-time income source. Definitely not! They're just a fuel for us to be provided with additional needs and wants. Even though crypto could potentially "moon" when the time is right, increasing our cash flow was the right thing to do.

To do that, start investing in a profitable venture. I usually don't recommend investing in insurance though. They're not ideal for me. I usually invest in urban hog raising, which is agri-related and it isn't gonna saturate due to the demand of pork. Investing in BPOs, construction businesses, etc., as capitalist would also be other good options. Starting a traditional business isn't my forte. I don't want to stress out my first few years in doing hands-on. Leveraging is the key. Let the money work for you.

But hey, don't quit your full-time day/night job until your passive income coming from your ventures are bigger than that.
 
3 - Learn to live broke temporarily by cutting off your expenses

We all know that bills cannot be avoided. Yes, and all of us are feeling the same thing. However, if we want to survive, we should learn first how to live broke temporarily. You don't need to buy expensive shoes, clothes, TV or so if you're still struggling in your life. What matters is that you can still use them, right? There's nothing wrong if people see you wear same kind of old shirts, uniforms, pants and shoes too often. You don't need to go to Starbucks or any other expensive coffee or restaurants out there if your income is so limited. We can still purchase sachets of coffee at affordable prices.

As long you're not yet financially stable and your expenses are bigger than your income, it's not ideal for us to keep spending on some things that aren't important in our daily lives. You can only do that by learning how to get out of the rat race, in which your income is bigger than your expenses.

I am not an expert, but these tips are surely helpful based on my personal experience. They're gonna be difficult from the start, but if you keep going, everything will run smoothly.

"The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money." - T. Harv Eker
Thats possible if everyone is going to believe that saving method. But not all people is paying attention in this simple but truthful idea of Saving, One thing is for sure if theirs a money left in the pocket the only purpose of it is to buy something just two? your needs and less needed!
That's true but as an experienced person in the crypto as a trader and i would like the buy more coin when it will have reached 2016 bottom price. it sounds good for me personally to take a big speculation on the crypto until a few years later dude.
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December 11, 2018, 01:04:28 PM
 #13

Hello guys!

Look I know how bad it is for us to see the entire crypto market. I even myself was concerned about my future if I just keep relying on crypto trading, bounty hunting, etc. I understand how you guys feel, because I feel the same way too. I had a gut feeling that crypto may not fully recover next year. This is why I want to share something for you guys to have a heads up just in case 2019 isn't what you are really expecting.



Yes you've pointed right subject. I agree with you. There is a saying in my country: Live how like you will never die and be ready why like you will die tomorrow. So we always be ready for everything. We had a though time with cryptocurrencies and it is still continue. We don't know when it will be stop and rise again. So be ready for everything. If market will recover soon, then there is nothing to bad. But if it won't be ready and live your life.
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December 11, 2018, 01:09:21 PM
 #14

if that happen, im sure we are will suffer more, and this time we need to find another real job to cover our loss in crypto.

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December 11, 2018, 01:10:30 PM
 #15

Truthfully before we can see another year like 2017 it might take years longer ,like 3 to 4 years and those expecting 2019 might be disappointed once again and if I'm right many investors will leave crypto world and we might see another huge market drop

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December 11, 2018, 01:17:10 PM
 #16

It was a great advise from OP and I would probably consider the things mentioned on his comments like minimizing expenses and people should learn how to adjust in the event if cryptocurrency will not be favorable and profitable in 2019. Somehow, I am still hoping that in the coming year, it will change the market direction that should be going for an uptrend market wherein at least people could grab back some of the loss investment if bullish market takes over in the crypto market.

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December 12, 2018, 12:51:28 PM
 #17

Market has really proven to be tricky in last couple of years and seems like it is slipping back to the point from where the rapid growth started, we all know for massive moves like dec jan last year market needs massive volume and inflow of huge funds, only hope at the moment seems to be the eth related upgrades and change of algorithm that may  create hype and people may invest big sums to take advantage of eth staking.

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December 12, 2018, 12:58:22 PM
 #18

Seeing my assets in the last month of 2017 be like:


Seeing my assets in the last month of 2018 be like:


Wish this 2019 will get doubled or tripled or quadrupled.

oh shit ....
this is what I feel right now. in 2017 I got a big profit, a year later I became a poor ...
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December 12, 2018, 01:09:34 PM
 #19

The best thing to do is not rely completely on cryptos for your future. Get up and do a traditional job. Be it in a office or a freelance work. No matter how boring and stupid it is, at least at the end of the month you have a fixed amount which could be used for your and your family's expenditure. If you actually see all these crypto projects, then you'll find that they all get paid in fiat and tokens/coins are just icing on the cake. So I guess we should take some hint from there as well.
Of course that doesn't mean leave the crypto world. Cryptos can be considered as long term investments.

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December 12, 2018, 01:18:45 PM
 #20

 I think people have realise that we need to move on from this bear market story and lesson to adapt to the situation, I know we are very close to the bottom but not yet because when you move around the forum you still see people promoting obvious scam and projects like these need to be weeded out of the space for true clarify to come to the space


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.T o o l K i t z A I .Break The Barrier.

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