How Web3 investors can balance life while pursuing wealth

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Crypto Assets Investment: Balancing Life on the Path to Wealth

In the field of Crypto Assets, many people see retirement and achieving financial freedom as the ultimate goals. This industry does provide opportunities for people to quickly accumulate wealth, sometimes even creating huge fortunes in a short period of time.

However, this rapid wealth accumulation process is also accompanied by some potential issues:

  • Long-term addiction to high-risk investment behavior, difficult to extricate oneself.
  • Trapped in a cycle of pursuing fleeting pleasures, yet never able to find satisfaction.
  • Blindly following trends in investment, lacking rational judgment
  • Excessively comparing one's achievements with others can cause unnecessary psychological pressure.

When seeing people around you achieve financial freedom at a young age or perform better than yourself, it is inevitable to feel frustrated. But we often overlook a simple fact: work is essentially just the repetitive execution of certain tasks day after day.

Although financial freedom is the ultimate goal, rather than blindly pursuing an unattainable high net worth, it is better to learn gratitude and cherish the achievements already made in the process of chasing dreams. For example:

  • Saving $100,000 before the age of 30 is already an impressive achievement.
  • Even if you can't retire by 30, achieving financial freedom between 35 and 40 is still something to be proud of.

You might as well view the pursuit of wealth as an interesting game. Set different milestones for yourself, and reward yourself with a special experience each time you achieve a goal. This not only makes the process more enjoyable but also allows you to enjoy more of life's beauty along the way to achieving your ultimate goal.

As wealth accumulates, there are many ways to enhance the quality of life for yourself and your family before achieving financial freedom:

Improve the lives of parents and family members

  • Upgrade their cars, housing, or electronic devices
  • Provide comfortable daily necessities
  • Take them to travel to the place of their dreams
  • Please let them taste gourmet food
  • Assume their health-related expenses
  • Set up a retirement fund for parents
  • Hire domestic workers or personal trainers
  • Upgrade Home Goods

The health of parents and adequate savings are the most important protections for them in their later years. We should share the fortune brought by the Crypto Assets industry with our family.

Support for Spouse or Partner

  • Help pay for daily expenses or travel costs
  • Improve their quality of life, such as purchasing electronic devices or high-end daily necessities.

Having a supportive partner is an invaluable asset. They provide you with a strong backing in this high-pressure industry.

Treat Yourself Well

  • Moderately purchase your favorite electronic products or new brand items
  • Repay all debts
  • Purchase cars and real estate
  • Improve sleep quality
  • Improve the convenience of life, such as hiring a driver or chef
  • Focus on health care
  • Cultivate new hobbies or learn new skills

In this industry, managing market volatility and portfolio drawdown while maintaining family and social relationships is indeed very exhausting. Reward yourself by enhancing your quality of life and investing in yourself. Only by using this money to change your life can you truly change your life.

Milestone Examples for Gradually Improving Quality of Life

Phase One (Five-Digit Net Worth)

  • Pay off all debts
  • Prepare emergency savings
  • Provide allowances for parents
  • Purchase Insurance
  • Upgrade work equipment

Stage Two (Six-Digit Net Assets)

  • Settle remaining debts
  • Reward relatives and enhance their quality of life
  • Invest in upgrading yourself and home life
  • Convert part of the profits into fiat currency to reduce risk

Stage Three (Seven-Digit Net Assets)

  • Purchase real estate or vehicles
  • Diversify investments into other assets
  • Establish a retirement fund for parents

Phase Four (Eight-Digit Net Assets)

  • Establish your own fund or family office
  • Hire private service personnel
  • Help parents achieve full retirement

Conclusion

Do not wait until you achieve your ultimate goal to start improving your life or giving back to your loved ones. In the pursuit of financial freedom, gradually enhancing your quality of life through different milestones can not only bring positive changes for yourself and your family but also allow you to better enjoy this journey.

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DAOdreamervip
· 07-18 00:51
Investment is investment, but you still have to eat well every day.
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InscriptionGrillervip
· 07-17 19:01
The chives have all been blown away, and you still want to talk about feelings?
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HashBrowniesvip
· 07-17 04:53
Someone is dreaming of getting rich overnight again.
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HodlKumamonvip
· 07-15 15:55
Xiong Xiong has analyzed: decentralized investment and Auto-Invest DCA are the optimal solutions, being impulsive can easily lead to being Be Played for Suckers~
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ChainWallflowervip
· 07-15 15:51
See a sucker, play people for suckers.
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ChainPoetvip
· 07-15 15:45
Stop rolling and run!
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ReverseTradingGuruvip
· 07-15 15:42
Buy and it will fall, bought at the highest point.
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AlwaysMissingTopsvip
· 07-15 15:38
The key is to be able to sleep well.
View OriginalReply0
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