How modern millionaire make their money
If we follow the history of stock exchanges then we will notice some regularities, everything behaves the same as the seasons, if we recognize some signals we know that winter is coming or that summer is coming. Investors are not afraid of risk because they have the knowledge, they know that the bear market appears on average once, in 4-5 years, that is the average in the last 100 years. When the market falls by 10% it is called a market correction, and when it falls by more than 20% it is called a bear market. The corrections last for a maximum of 1 month and happen once a year on average, so you don’t have to panic if the market falls. People panic when they sell when the market drops by 10% and then basically make a big mistake, because on average only 20% comes to the bear market, which means that smart people look at investing in the long run and are not afraid of falling, they earn the most when others also scare when they sell cheaply because statistics work for them. We have the same situation with cryptocurrencies, of course, we need to choose those that are stable, the big risk is to choose unknown coins, we can lose everything. The point is to allocate our investments in the long run, to allocate them to different cryptocurrencies or stocks, that is what will bring us great profits. Rich people save money, anyone can do it, set aside 10% of your salary and invest in a bank, coins, projects, it will bring you interest on interest, if you put only $ 300 every month for a period of 8 years, you will after 30 years to become a millionaire on a $ 29,000 investment. Invest wisely, choose projects and do it every month, after a certain time you will see prosperity as money works for you. The key to success is to look at the long term, if we know that Steem is produced (has inflation) only when the SBD value is below $ 1, then we know that a period of growth awaits us now because more people do Power Up than sell Steem. If all users and all investors kept Steem in Steem Power now, the Steem value would rise to stardom, I believe over $ 100 overnight. I believe that will happen, so look at the long term, not what the value is now, but how much you can earn per month, how to invest and reinvest in Steem Power, look at the future and the value of $ 10, $ 50, $ 100 to is what will bring us all financial freedom.
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If you can put yourself in a position to earn BTC whose redness is 10 cents, play games, and get BTC, you need money for food and you sell it for 10 cents, so you sell your 100 Bitcoins for $ 10, you eat one nice pizza. It’s the same when you sell Steem for $ 60 cents today, Steem is the first digital money and blockchain for social media, it’s an icon that will never be forgotten. With a little development and evolution with great business strategies, Steem blockchain can achieve to enter the very top of the world, to be in the top 10 coins, I believe that will happen. The bottom line is that the world lacks a real blockchain social network, if Steem evolves in that direction, all of you who have Steem will become very rich, certainly Steem value will jump because this is a very small price.
Steem On
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Only those who are persistent reach the goal.
It’s time for us all to become a powerful Steem team together, that’s what I believe in, that’s what we all need now.
Your future begins now, with your decision that Steem is a part of your life.
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Original post by @dobartim
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