I have made a lot of money investing in cryptocurrencies.
And the best thing is that I have not needed any specific skills at all to do it. Bitcoin businesses are the perfect relationship.
However, it has taken time…and of course money.
To do this I needed money on hand, money I could afford to lose, and I had to invest this money during a period of speculative growth.
The only reason I was able to do it is because I decided to become an entrepreneur two decades ago. I decided to invest my time and the money I had in creating my own business.
Business with Bitcoin, the perfect relationship.
Create your capital.
Starting a business will generate cash, money that you can decide what to do with, even enough to invest a portion in more speculative investments like stocks or cryptocurrencies.
Also read: What is the stock market and how to invest in shares.
Also read: How to make money with Bitcoin? Learn for free with the best.
Building companies using leveraged business models saves time so I can be open to new opportunities. That’s why Bitcoin businesses are the perfect mix.
Being an entrepreneur connects me with other entrepreneurs and experts, exposing me to opportunities in industries that I would never have considered otherwise.
If I had a job, chances are I’d be spending my time working for someone else, earning a limited salary, and all my money would be locked up to pay a 20-year mortgage.
Also read: How to invest your money. 7 strategies of Warren Buffett.
This means that I will have no liquid capital available to invest, and certainly no money that I would be willing to lose.
It also means that I’ll probably find out about great investment and growth opportunities after they’re over, when the mainstream press reports on people who have already struck it rich.
Plus, you wouldn’t meet the kind of people who could open the doors to new trends.
Instead, you would meet other people who are stuck with jobs, with mortgages, who don’t have the cash to invest, and can’t educate themselves beyond what they need to know to do their job.
In other words, you would be trapped.
What to invest in Build your wealth on your own terms.
The real secret to making money is being in charge of creating your wealth.
You need to earn money on your terms and you need that money to invest and earn more.
If you operate within a framework that limits your earning capacity, locks up your money in long-term debt repayment, reduces the scope of your education, and prevents you from meeting successful people, you won’t be able to get ahead.
The worst of all this is that most people choose this option.
Then they wonder why twenty or forty years later they still don’t have enough money.
Also read: Earn money from home. 21 ideas without investment or with very little.
As the years go by, your salary barely goes up, your mortgage just goes down, and every time you hear stories of someone else getting rich because of a new investment or business, you wonder why it never happened to them.
The thing is, it never happens.
That implies that there is an external force that at some point will grant you the financial gain you have always dreamed of.
The truth is that wealth only comes as a reaction to your actions. It doesn’t happen because yes, it happens because you did something.
One of the smartest decisions you can make in 2018 is to do something wealth-building on your terms. The right time to do this will always be now.
Also read: 15 reasons to create a company and never be an employee again
That way, when the next wave comes, you’ll be in a position to see it soon enough and be ready to ride it. That is why I recommend uniting businesses with Bitcoin.
Finally. Building your wealth in the early stages takes more time than money, especially when it comes to building an online business.
There’s no way to avoid it. Money speeds things up, but time is of the essence.
And remember that if you are really interested in creating your own business, you can purchase our book “How to create a company while working: Discover how to manage your time, manage your money and motivate yourself while creating a company and working for another” , where you will find all the information you need to found your own company, without having to leave your job.
This article was originally published on yaro.blog.com. Its translation and publication in ModoEmprendedor has been authorized directly by the author and cannot be reproduced by any other means.
