How can people with deposits less than 100,000 and salaries below 5,000 turn their situation around?
Many talk about A9, and I want to share my own experience on how to achieve a small turnaround from being poor.
- Use your mouth to earn small amounts
For example, KAITO writes things just by using his mouth.
For example, various tasks on Binance and OKX can be done verbally.
For example, tasks from various project parties, anything that involves speaking can be referenced.
This part of the income is uncertain; it may depend on luck, but it will definitely be higher than 5,000.
- Create some passive income streams
This means earning money without having to work. In the past, I worked as a POS machine agent (there are pitfalls, such as the upstream cutting off the downstream's profit sharing), and related to micro-businesses. Currently, it could be about transferring good content on platforms like Xiaohongshu, Douyin, Twitter, and YouTube, boosting views. For instance, there are accounts like Cheshire on Twitter that do exceptionally well by aggregating good content. As long as the views increase, each channel has some rewards, and they also passively earn commissions from exchanges.
This part of the income could be between 100,000 to 1,000,000 annually.
- Continuously learn from everyone who is truly making money and change your poor mindset
What are the traits of a poor mindset? I summarize:
I can't do it; I definitely can't do it; I can't manage it.
— If you can't do it, go learn. Don't just say you can't; try it, and you might succeed. Compete, and you can win.
He’s nothing; it’s just luck or XXX.
— If you say he can't do it, do you have a better solution? In a group of three, there must be a teacher for me. "Even a piece of toilet paper has its use." Learn from everyone; even if a dog barks randomly, you can still conclude the principle that "a dog that bites doesn't bark."
Learn from everyone's strengths and correct your own weaknesses, which is what Shen Yu refers to as optimizing parameters.
To become rich, you must first adopt a wealthy mindset:
He is right; besides luck, what else is worth considering?
He earns more than I do; what is he doing well?
He succeeded; others call him an idiot. Can I find something worth learning from him?
So many people criticize Sun Ge, but is he worth learning from? Absolutely. How many economists who talk about investments every day were silenced years ago when he suggested buying NVDA? @justinsuntron
- Regularly review and document
Record your moments of foolishness and brilliance, and revisit them often. Over the years, when I look back at my tweets, I find that about 90% of the content seems foolish— the good part is that this is because I have progressed.
Finally, my website http://dayu.xyz contains enough investment content. If you learn it all, you will definitely have a good start in investing.
Of course, if you find this article helpful, please support the referral link on my website. You save on fees, and I earn a bit of "passive income," which is even better— regarding the practical aspect of the second point, I am already relatively well-off, but I believe that passive income, benefiting others while benefiting oneself, is still a good thing.
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