Dips and sideways action aren’t exactly exciting times, so instead of watching charts all day, send out some applications to higher paying jobs!
Let’s look at the numbers. Back in January you may have gotten a small raise. Probably in the neighborhood of 1-2% which isn’t even close to this year’s inflation numbers. Let’s say you’re also early in your career and making $35k annually. If you can land a job with a salary of $40k you’ve increased your earnings by about 14% which is double the inflation rate!
In practical terms that means going from about $2,900/month to $3,300/month, a $400 increase!
Now here is the real kicker. Take that $400 of new money you have every month and invest every penny of it! Crypto, stocks, whatever, just throw all of it into the market and keep living like you only make $2,900. That extra cash will start compounding right away and the gains will really roll in.
Then, two years later, rinse and repeat! You can even start throwing out applications every year just to see if any great opportunities show up. Remember, every new year means another year of experience you have in your field which means you can command a higher salary in your new position!
Go forth, my friends, and make more money to buy more Bitcoin with!