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Author Topic: Crypto is a side hustle, not a life or death situation  (Read 425 times)
KingsDen
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September 13, 2021, 11:30:47 AM
 #41

Very valid points OP. This your advice maybe sounding well until you re-examine the word "Addiction".
Recently, I met a gambling addict who wrote letter to some casino, telling which one to buy his casket if he dies. To this man, his health is gambling. Any other thing as preached above will even shorten his life span.

It is also worthy to note that crypto is some peoples full time job. It is not a side hustle to many and there is nothing wrong with that. Whatsoever being passionate, Whatsoever bringing money, Whatsoever being expertise is worthy making a full time job.

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September 13, 2021, 11:55:00 AM
 #42

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.
Trading isn't for everyone. Actually, I will take it up a notch. Trading isn't an activity that the majority of people should engage in. The crypto market made it possible for all kinds of uneducated and unskilled individuals to buy and sell coins they mostly know very little about and with money they can't afford and shouldn't lose. Most people should be content with purchasing a little bit of coins when they can and not having to worry about the direction the market moves. 

Airdrops and the project's campaign helped me to earn bread for my daily life.
In today's age, you are not going to get far with airdrops. And besides, they are only handed out by unlisted and unknown token projects and the majority of them will never reach a value that you can sell them or exchange them for something useful.

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September 14, 2021, 09:37:11 AM
 #43

It is also necessary to protect the eyes, the eyes will be dry when facing the electronic equipment for a long time. I see cryptocurrency as a side business. So I usually don’t look at the data like a full-time person with cryptocurrency. But when I look at the data every night for a long time, I feel dizzy and my eyes astringent. Everyone should pay attention to their health when investing. It is useless to make more money without health.
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September 16, 2021, 03:44:37 AM
 #44

Very valid points OP. This your advice maybe sounding well until you re-examine the word "Addiction".
Recently, I met a gambling addict who wrote letter to some casino, telling which one to buy his casket if he dies. To this man, his health is gambling. Any other thing as preached above will even shorten his life span.

It is also worthy to note that crypto is some peoples full time job. It is not a side hustle to many and there is nothing wrong with that. Whatsoever being passionate, Whatsoever bringing money, Whatsoever being expertise is worthy making a full time job.
Exactly,in as much as crypto is paying up your bills,making you have a good and balanced life,it is worth making a full time job. If the energies that are used for other things were put in crypto,we might have been financially free of debts.
Some persons make it the side hustle while some person's put their effort in it to make sure they rank up high,so that the tokens they receive will get their minds off the works outside.
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September 16, 2021, 07:00:39 AM
Last edit: September 16, 2021, 07:30:31 AM by Mpamaegbu
 #45

There is no way to know your limit height in life if you never attempt, yet there is always a boundary to what an individual is capable of doing in any situation.
That reinforces the saying, "the greatest risk in life is not taking risk at all." I hope it came out better in that paraphrase.

To enjoy your wealth, you must be physically and emotionally fit, not the other way around. Nobody enjoys his or her money unless they are in good health.
Health is wealth, they say. Despite how simple that sounds, it's the ace. Sick people don't even remember they've businesses while bedridden. All they want at that moment would be to save themselves from dying, not any business(es).

investing in cryptocurrency should never put your life at risk; your investment should always prioritize your health because selling your properties, life savings, and everything into crypto is a foolish thing to do.
Except you see an investment in cryptocurrencies as a hazard, otherwise I don't see how the health comparison should come to play here. Crypto investment is just like any other business investment. There are risks in every business endeavour, though the risk threshold differs for every business. Crypto isn't any different. Again, there's that caveat of not investing what you can't afford to lose.


Don't quit your main work: so you invested some money and made a lot of money in a short amount of time and you chose to quit your job is a stupid decision.
How much does the job we try to protect even pay us annually? I mean, sticking to a 8-5 all the rest of our lives is more slavery enough than the actual slave trade our forebears witnessed in the hands of colonial masters. Take for instance someone who gets into credible project and within 3months gets a ROI that covers their two years salary, you will still think it's a stupid idea to quit their job? Hell, no! I don't think so. For me, I don't think crypto should even be taken as a side hustle. There are countless people who don't do any other form of business or job except crypto business. What I can say here is that it depends on the temperament of the individuals involved. There's nothing wrong in making it a full time job. It's a job; a profession. After all, trading as a whole is a profession just like medicine, engineering, law etc. Crypto trading is a profession too.

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September 16, 2021, 08:11:53 AM
 #46

Great advice. Sometimes will kill and starve ourselves just to meet demands not having a thought if their is a breakdown in our out all efforts and struggle will be waste. Health is really wealth it shouldn't be taking for granted, health is hope. When their is good health one can work harder and get what he wants. So let's take health first

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September 16, 2021, 09:43:07 PM
 #47

There are a lots of things we do that are not good for our health. Sleep is very important to our health and it important to sleep well anytime we have the time. Ignoring sleep for days is very bad and could tell on us at the later time. We also need to eat good foods, walk around, read and do exercises which another important aspect of life we need to work on, not just eating and becoming bigger without working out our body

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September 16, 2021, 10:37:16 PM
 #48

I believe that people who consider the death or life situation from crypto are those who are all in the crypto or doing something too risk for their life.
Many people are only willing to have a good income from crypto, and they took ways by loan, all in the investment, and get lost. And at that time, they are likely going to die.
That is why many people are feeling very bad about the life and death situation in the crypto world.
And that is wrong.
We are here for working, to earn money for our life. We don't need to take too high risks that we cannot afford exactly. We don't need to force yourself into that kind of very bad and risky situation.
What I can say is just doing investment as we can afford, so we will not feel that we are at the gap of life and death because of crypto.

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September 16, 2021, 10:41:04 PM
 #49

There are a lots of things we do that are not good for our health. Sleep is very important to our health and it important to sleep well anytime we have the time. Ignoring sleep for days is very bad and could tell on us at the later time. We also need to eat good foods, walk around, read and do exercises which another important aspect of life we need to work on, not just eating and becoming bigger without working out our body

First, yes, I have encountered the thread also about the user who will choose to be hungry instead of selling his bitcoin. A lot of course have negative reactions on his post. What would you do with your bitcoin if you are already dead or have serious sickness because you deprive yourself? This is just only money, and we can always earn it. But the health, if we neglect it, we will incur more expenses if we don't take care of our health.
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September 18, 2021, 06:14:39 PM
 #50

There are a lots of things we do that are not good for our health. Sleep is very important to our health and it important to sleep well anytime we have the time. Ignoring sleep for days is very bad and could tell on us at the later time. We also need to eat good foods, walk around, read and do exercises which another important aspect of life we need to work on, not just eating and becoming bigger without working out our body
Exactly! On the aspect of sleep,I was tested by my doctor lately,and confirmed that I am having high blood pressure because of lack of sleep.I stay awake working, forgeting that time will tell when it will affect me.He gave me drugs and since then,I have been taking good care of my health,sleeping when I'm suppose to sleep.
So in as much as we are looking for money,we must also have time for our body,and make sure we are in good health.
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September 20, 2021, 02:20:26 PM
 #51

There is no way to know your limit height in life if you never attempt, yet there is always a boundary to what an individual is capable of doing in any situation.
To enjoy your wealth, you must be physically and emotionally fit, not the other way around. Nobody enjoys his or her money unless they are in good health.
It is your primary responsibility as an investor to look after your health; investing in cryptocurrency should never put your life at risk; your investment should always prioritize your health because selling your properties, life savings, and everything into crypto is a foolish thing to do. What happens in a bear market, and then unanticipated health issues arise? How do you deal with this? It's sweet to invest in cryptocurrency because of the enormous return, but you can only enjoy that as a healthy investor; you can't enjoy your Lambo if you're sick.

I was reading through a thread on one particular board, but I couldn't find the link to the thread where the OP stated that no matter how hungry he was, he would not sell his bitcoin. Yes, he may be correct; that is the true power of diamond hands; however, this should not come at the expense of your health. I'm not saying you should sell all your bitcoin and eat healthy food, but I am advising you not to go hungry because it lowers your good health rate.

There are many unusual things we do that are harmful to our health; avoiding these will not only improve your health but will also help you maintain your physical and daily activities. These are the irregularities that we used to overlook in this space.

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.

Not eating well: This is part is very crucial; food is an important part of life and having a delicious brunch and a balanced diet won't cost you much. You don't want to stay at your table all day sipping coffee; instead, have some nice, high-quality meals after work. You don't want to seem thin like a cancer patient.

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.

Don't quit your main work: so you invested some money and made a lot of money in a short amount of time and you chose to quit your job is a stupid decision. You might be lucky in a bull market and gain a lot of money, but the same can be lost in a bear market, leaving you with the option of holding with a loss because you need that job to survive the winter, and winters are always long. Make no steps that will cause you to second-guess yourself.

Stay healthy and keep learning.
These points you listed are very good points and very important things many people overlook as part of their daily activities. Health is wealth, so taking good care of once health doesn't take much of our time as it will just take limited time, and after that we return to work. This is a very good advice though and a motivation. We can't cheat nature as sleep is a very important thing we need to keep our brain wealthy by having some rest.

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September 20, 2021, 11:43:54 PM
 #52

There are a lots of things we do that are not good for our health. Sleep is very important to our health and it important to sleep well anytime we have the time. Ignoring sleep for days is very bad and could tell on us at the later time. We also need to eat good foods, walk around, read and do exercises which another important aspect of life we need to work on, not just eating and becoming bigger without working out our body
You can't think well if you lack sleep or be deprived of it.

Someone who ignores his health and doesn't get enough sleep, he'll get a lot of health implications because of that negligence.

It is important to check all your crypto investment but no need to deprive your sleep or health because of it.



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