Crypto is a side hustle, not a life or death situation

[CrossroadBTC]

Every hustles starts from somewhere, I have to starve for few months before I was able to raise enough money and start learning crypto trading, I don't want my case to be 'if you don't have capital you can't invest in crypto' instead I took the hard way possible and on the long run it favours me, my point is there is time for everything and OP points are valid, when things start getting better make sure you take good care of yourself, too much of everything is bad

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[wajik-tempe]

Every hustles starts from somewhere, I have to starve for few months before I was able to raise enough money and start learning crypto trading, I don't want my case to be 'if you don't have capital you can't invest in crypto' instead I took the hard way possible and on the long run it favours me, my point is there is time for everything and OP points are valid, when things start getting better make sure you take good care of yourself, too much of everything is bad

Everyone has their choice, with limited money it's quite risky to join crypto investing because the market volatility is super fast and we could lose our investment anytime
The crypto senior investors are also said that we always that we can afford to lose when we invest in crypto. So i think getting money after suffering and jump into cryptourency investment is a gambling, it's okay if we are still alone and don't have family to be fed, but if we have responsibility to our family financial, it's better to earn more by working first before we investing in crypto.

[Jazmin Leslie]

It makes sense. Since joining the cryptocurrency, my sleep quality is very low, and I haven't felt the cool and clean air in the morning for a long time,
Every day I look at the computer, and my mood is not calm every day,Today I suddenly looked back and thought about it,
Health is extremely important, the good mood that has passed away is extremely important, it is extremely important to care about your parents and brothers, and it is extremely important to love yourself.

[Oshosondy]

This will be totally for addicted traders or anyone that just like work and are addicted to the work which can lead to precious time sacrificing and devoting it to the work leading to stress and other inconveniences that can in long time lead to health issues. If someone is a trader, he must set time for trading, it should be time that will not affect his work and also not affect him in person, he must trade reasonably and learn how to trade very well to avoid such losses that can lead to depression and not to be able to eat. In anything like trading we are doing, we should be remembering that our health comes first.

[Davidvictorson]

In some countries, crypto is not a side-hustle but a full-time job. 247. There, crypto is their only hope to escaping the rising rate of graduate unemployment. Crypto is their way of escaping generational poverty. Because they know this is only option they have, they go all in. I know a couple of young folks who have dropped out of college to go into crypto trading fulltime. The Caveat like you have said is to ensure that there is a balance so that it doesn’t start to take a toll on one’s mental and physical health.

[excro]

I think all your points are valid.
Epecially:

Take a stroll and exercise: Some individuals are naturally introverted, so getting out might be difficult for them. However, this should not prevent you from exercising; sitting in one location for an extended period can make your job uninteresting and inefficient.

People tend to get caught in Bitcoin, trade everyday, all day. I've heard stories where this happens and people gain wait until it's too late!

Regards, excro 

[MrcMrc]

This is correct to me because as an investor there should be a balance in everything, you don’t have to get too excessive with the market, and once you invest always look away from the chart for a while, have fun and build your immune and energy to phase the future. You don’t have to get worked up with anything. Cryptocurrency investment is a risk and invests only what you can afford to let go.

[Oshosondy]

In some countries, crypto is not a side-hustle but a full-time job. 247. There, crypto is their only hope to escaping the rising rate of graduate unemployment. Crypto is their way of escaping generational poverty. Because they know this is only option they have, they go all in. I know a couple of young folks who have dropped out of college to go into crypto trading fulltime. The Caveat like you have said is to ensure that there is a balance so that it doesn’t start to take a toll on one’s mental and physical health.

It is good for people to trade crypto and earn but it is true not to make it the main job, the reason is because it can result to poor mindset and emotional trading especially if not making profit at specified time. If you have one side job which is you main job, trading will just be an alternative, I get what you are saying that some people depend on it, left with no other option due to increasing rate of unemployment in their country and you are right, but better if it is just an alternative for it, for it not to build poor mindset that can lead to money loss and depression.

[Rengga Jati]

Stay healthy and keep learning.

I like this last sentence.
Health is very important both mental and physical health. It will lead us to do what should do and not to do something that we must not do.
If we are sick both mentally or physically, we cannot do anything better, it will be worse.
We are working to stay healthy, and healthy means that we are living better.

And about crypto, this is one of the life activities, not the whole.
Points 1-3 are the very important activities to do even we are doing most activities in the crypto world.
Eating well, sleeping enough, and also other health activities must be also still balanced in order to make us also healthy both mentally and physically.
However, point 4, I do agree, but for some people, they focus all on the crypto world, moreover the daily trader. They commonly will only focus on the crypto job, quitting format their main job because they need more times to monitor the market.
And of course, it is better if done by those people who have been having much money from crypto, and most of them have also real world business to run without them, by autopilot, other people. So, they only need to focus on the crypto world.
But of course, back to point 1-3 again also.

[Rruchi man]

Investing all your money into cryptocurrency when you do not have any other source of income can turn it into a life or death situation for you because it is then met with anxiety and pressure. Instead of calling it a "side hustle", i think it is best referred to as an investment option to assist your income. A side hustle sounds like a scheme that gives you little little change to help your life, i don't think that's an appropriate description for crypto.

[Lordshiva]

Surely crypto is not a life or death situation. Nothing can be more imporant that living your life happily and single thing weather crypto or any thing shoulld not be given too much importance . Yes crypto is important part of our life but there are other things in life too.

[Taskford]

Surely crypto is not a life or death situation. Nothing can be more imporant that living your life happily and single thing weather crypto or any thing shoulld not be given too much importance . Yes crypto is important part of our life but there are other things in life too.

Actually this one point out about making it as your main source of income and quit to your job which give you more passive income and actually the message is right since we really need to treat crypto as our side hustle where chances for us to earn good is there but we shouldn't think about leaving everything just to focus on it since first we don't know how this things end up if we can still see it floating around for many years and we will go in a big problem if our expectation in crypto will not meet so for future security better go with multiple option to earn and don't focus only on crypto for betterment of our future.

[Pmalek]

Not getting enough sleep:

My job and everything I do revolves around computers. That includes both crypto and non-crypto related ventures. I stare at the computer when I am working, I stare at it when I am on the forum, and when I am involved with crypto stuff. I seldom sleep more than 6-7 hours a night + 1 hour of rest time in the afternoon. I function very well.

Not eating well:

Nothing can keep me of my food. I eat very healthy and 4-5 times a day. I would never prioritize crypto over healthy food.

Take a stroll and exercise:

I am physically active and I work out. I love mountains and forests. But I have to admit that life is making it difficult to pack up and go and not do anything for a few days. 

Don't quit your main work:

Nope. I have managed to incorporate crypto in my everyday life just fine without it affecting anything else I do too much. I see crypto as an economy that will proper and develop alongside the traditional economy and not something that will replace everything we have known for hundreds of years. 

[GeorgeJohn]

The beginning of hustle is engagement and determination, because as you may grab from other angle stating that cryptocurrency is a side hustle, it maybe right and the same time maybe wrong due to different understanding, cryptocurrency can be my main point of hustle while for another person it's a side hustle, and besides obtain a government job is critical and rigid for now.

[wtsimis]

Not getting enough sleep: After staying all day, staring at your computer screen, trying to determine the next market movement, burning all of your energy chatting the trend with many lines and trying to explore the next thing that will double your portfolio, but failing to get some sleep after the daily routine, you are not only pushing your health to the wall, but you are also slowing down your immune system.
Getting adequate sleep sharpens your intellect, boosts your mood, and keeps you calm when making crucial decisions.
 

I still remember one day when I start to tried crypto trading, I can't sleep that night. Always thinking about the holdings. What if the price of coins will dump, what if they have been hacked, and lots of things were rotating in my head. However, back then the market was unstable, so I lost some percentage. But I learn many things. The main thing that are you said. We can't invest our own money that we need in our life. It'll harm our daily life. On the other hand, the pressure, that goes all the time in our head.
We should only invest our extra money in crypto industry. If we are not that like high traders or crypto enthusiast then we should only invest that we can afford to lose.

My story: I never invest a single penny from my pocket to start the journey in the crypto industry. I learned many simple things and wait for opportunities. Airdrops and the project's campaign helped me to earn bread for my daily life.
If there are any new people who wanna start their journey, I as a small crypto nerd wanna say, wait for the opportunities and invest wisely and never ever invest your needs money, Only invest extra that you have for future investment.

[CryptopreneurBrainboss]

In some countries, crypto is not a side-hustle but a full-time job. 247. There, crypto is their only hope to escaping the rising rate of graduate unemployment.

Well said but you should also know that we have those who are engaged in cryptocurrency industry 24/7 and not because they were poverty driven. These people are doing their very best to bring about a conducive environment for all enthusiast, I'm speaking of the developers working closed doors improving on the Bitcoin blockchain.

The ideas of associating people trying to escape poverty with those engaged in cryptocurrency isn't right. The ideas of Bitcoin been an automatic wealth creator is also the reason many are falling victims to scams daily. when they see the mouth watering offers from this platforms/project they get decieve and they Invest without realizing they're buying into scams.

We also have those that are financially sounds but also partaking in the industry 24/7 and to them this isn't a side hustle but as well not a life or death situation which means you can take interest in picking up a full time job in the space but don't make it a do or die affair.

[Rabi3]

Very good points indeed.

TBH since I got into Crypto and the positivity I get from it and the community it drives
me to be positive also and to be healthier so that I can enjoy my future.

As @TheNineClub points out for many Crypto (trading) is a full time job which does give
the impression of it being an unhealthy job being too sedentary.

Also a few more healthy tips for working at a computer:

Regularly stare at something in the distance to help refocus your eyes rather than
staring at a short distance screen.

Every 30 minutes stand up and walk away from the desk, grab a drink or a walk around
the office or room.

The ideal scenario is to have a sit/stand desk. Changing your work position helps with
better circulation and productivity especially when standing.

there are things you mentioned there to do, i am doing them regularly unintentionally, like walking around and grabbing something to drink or eat, i would also recommend going for walks with some friends or by yourself or walking your dog, you don't have to heavily workout and lift tens of pounds, just some small activities can keep you healthy as long as you eat a little healthy as well, there is nothing wrong with making trading and everything related to crypto a full time job if you're doing things right.

[qwertyup23]

All valid points. but at this stage in crypto, with how it's widespread, some people have turned this into their full-time job so for some they treat it like a full-time job where you don't get off your chair, you don't eat well, work long hours and don't sleep. Not always but sometimes.

All the points that OP mentioned are valid as it gives us a daily reminder not everything revolves around cryptocurrency.

The problem stems when you trade full-time as you rely on this aspect for your daily/monthly needs. In addition, there are people who trade/invest large amounts of money and the slightest movement, either increase or decrease on its price, means gain or loss of thousands of $$$ on your part.

But I do agree with the points raised by OP though it may be really difficult when you're on the receiving end.

[Lily Garver]

I think that the process of finding happiness in life is meaningful. For example, when doing bitcoin transactions, I find pleasure in the transaction. I am very happy, but I may lose sleep and fitness at the same time I get pleasureTime, there is no space for me and my partner to get along, so we must find a balanced space so that we can balance our true happiness.

[aysg76]

This thread?

I rather stay hungry than sell my Bitcoin

Those people that have full time job, they can treat crypto as their another source of income, whether they're a trader, a freelancer that receives payment in crypto or just the typical investor.

I have also my fixed job and treat this as side but being professional in this field as well like doing DCA into bitcoin investment and spending quality time on the forum.I have also created a similar thread like this but it's slightly different from this one.Like i have overcoming my junk food expenses and some parts of my savings into bitcoin DCA not selling stuff or being hungry for the same reason.Here is the link to the thread : Past Bitcoin journey and continuing the same for a long time.

I would prefer to be the typical investor, the buy low and sell high folk that would check to see how much I've gain everyday. I just can't stop myself and I think everybody else is also doing that.

It's not easy to determine those two levels like what is bottom and peak levels as this is suggested by every trader but in reality determining them is tough job and you need to have analysis of the market at deep levels.

On top of that, it's important to take care ourselves, if it's too much for your health, your profits might go into your hospitalization if you're ignoring your health.

If we are healthy then we can use our funds effectively and rightly said it's better to have less funds in bitcoin rather than having more bills of hospital if you get too weak in the same manner.