Why Crypto Traders Should Have Multiple Income Sources - Investment - Nairaland
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| Why Crypto Traders Should Have Multiple Income Sources by laucrypto: 3:08pm On Jul 09, 2024 |
Since the retracement of Bitcoin, the market has become boring. Sometimes, the direction of Bitcoin is unclear. For example, recently, the price action of Bitcoin has been confusing. I have learned one thing in these recent days: as a crypto trader, do not rely on trading as your only source of income. It is good to have another source of income like real estate, staking, crypto jobs, and other legitimate sources of income. If I say that I will force a trade now, it can end up in a loss. I have staked some of my trading capital in my Bitget Saving account to enjoy the 20% interest rate. I will open trades again when the market's direction becomes clear. What is your take on this? |
| Re: Why Crypto Traders Should Have Multiple Income Sources by Chizillar1(m): 7:47pm On Jul 09, 2024 |
You are right bro. Diversification of assets is the key. Hold a lot of income yielding assets. I will like to ask if the 20% returns is monthly or yearly? |
| Re: Why Crypto Traders Should Have Multiple Income Sources by Chizillar1(m): 7:49pm On Jul 09, 2024 |
Tell us more about the Real Estate staking. |
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