There Is NO Free Money in Crypto! What??

Today I want to debunk a popular misconception, almost a myth, that there is free money in crypto. Wrong! There is no such thing as free money in crypto, or anywhere else.

I expanded this post from a comment I made yesterday on Jon Olson's very good post:

What crypto offers is not free money (for example, airdrops), but plenty of opportunities to be in the right place at the right time, especially for those that keep taking action regularly over time.

No track record, no activity, no effort, no investment (in time and / or money) means no rewards, including no airdrop.

The opportunities in crypto are exceptional at this time, and given the times we live in they can be life-changing or even life-saving, but one has to learn, take action and stay committed to keep reaping the rewards.

Up until recently we saw the life-changing effects crypto has on poor areas of the globe. Now we see what it can mean in case of war and immigration. But with the ripples of the economic crisis throughout the world extending, many of us will feel its support. Governments should not try to control crypto, they should be thankful it exists, otherwise I believe many heads among them would've started to roll already.

Passive income is built actively, not by staying on the sidelines and admiring (or envying) those who succeed.

And there is one more thing to consider in the crypto verse.

When it all started, nobody knew anything about it. So, everyone had to learn.

Sure, some got in earlier than others, some are more technically inclined than others, but there are other factors to consider too.

The crypto verse in 2012 was vastly different than it is now, a decade later. I'd say most of the knowledge acquired back then about crypto is now obsolete. Not the wealth amassed, obviously, if one was inspired enough to hold on to it by now. But the knowledge, that needs to be continuously updated, because crypto is a rapidly developing universe. So, the gap in knowledge can be recouped if one keeps learning. Otherwise it keeps widening.

Plus, in the early days, crypto was really complicated to understand, because everything was super-geeky. Not anymore, even though some things are not as easy as pushing a button.

One can wait till everything is as simple as pushing a button, but then crypto will be more mature, mass adoption will be here and the window for great opportunities for early-ish adopters would have passed.

Choose wisely!

Posted Using LeoFinance ^Beta