Being rich is not about buying dogecoin or ‘investing’ in the latest fad. Instead, it is about hard work and determination to make it big.
Everyone wants to be rich. The crypto craze is an example. When people heard about the success of the Dogecoin Millionaire, many tried to follow suit and bought into the hype. People continued to buy into it even though it had reached $0.70 per coin.
And like a very successful Ponzi scheme, those that bought in earlier took profit and left the rest holding the bag. Currently, the meme coin is trading for $0.14 per coin.
What is to say to those that bought in at the peak?
This was not the first time that a promise of easy money and quick returns pulled in unsuspecting prey.
Therefore, it can be tempting to see crazy titles like “Here’s how you can be a millionaire” or “Invest in this one stock to be rich!”. But, unfortunately, all of these titles are just that, clickbait.
Unfortunately, many people fall into that trap to the extent that some even take out loans to fund their ‘dream’ of being rich. Now, many are left holding the bag as crypto continues on a downward trend.
I am not rich (yet). I am sustaining on a civil servant’s pay with some money inflows from my side hustle.
Unfortunately, I have no success stories to share with all of you.
All I have is a plan.
The plan involves two parts: long-term and short-term.
The former is simple: continue dollar-cost-averaging into the different asset classes I…
