Regardless if we are navigating a bear or bull crypto market, there are numerous opportunities around us almost at any step and it is up to us if to get involved in them or not. While we are receiving a stream of information about many crypto projects and gigs around them, I think that it is important to analyze them and to avoid falling into time consuming and low revenue schemes that may hinder the overall outcome and financial success. Going the wrong way will simply eat your energy, enthusiasm and motivation even if things may come in a free form in our way, but with so little revenue that we only realize at some point on the way that it simply is not worth our time. So if we want to achieve financial freedom in crypto in our lifetime, we need to pick and chose in what we are getting involved.

Avoid hyped crypto projects

Hype is easy to build nowadays around crypto projects and we can be taken with the wave and jump onboard without doing our own research while simply being afraid not to miss out. This is the worst decision that we can do by letting our emotions drive out investments in the crypto space. We need to take a breath before jumping on the crypto investing train and try to have some bullet points to analyze and see why we should get into a project or another. Without real vision and utility, projects will be falling like leaves in the autumn and we'll end up with negative returns on our crypto adventure.

Set clear goals and prioritize

I know that some of us want to be involved in every project that is presented as a success in the "news", but that's simple not possible. Instead of trying to hunt all the rabbits at once, we should pick and chose few projects and consolidate on those. Having clear priorities and objectives that we want to reach on each crypto project, will make our adventure sustainable and focused. And when we reach specific milestone and thresholds, we can take profits and enjoy successful investments. And remember that what goes up will come down, so we need to be smart enough to take reasonable profits when the market allows it.

Long term strategy

The crypto space started to mature itself and jumping the ship for a quick buck is not as easy as sometimes might have been. It is important nowadays to have long term strategies in order to navigate bearish markets and periods when everything seems to be against us. Keeping our mental health during storms can be achieved only if we have views on longer terms and we are not peaking at the price each minute or second of our life. While I didn't think I would say it, having an investment strategy in crypto similar to one in stock for about 10 years seems to be a good interval. Not that you need to wait 10 years if there is a bull market and extraordinary profits can be gained, but it is important to know that you can wait that long to have good performance on your investments.

Time management and discipline

It is easy to lose ourselves in crypto and could wake up some day that life drove by near us and left us behind. We need to have a clear time management and discipline when it comes to crypto and make sure we balance the personal life with the financial endeavor that we get from investing in crypto. By doing so, we will be able to navigate both worlds regardless of how harsh they might become as we keep our focus and involvement based on the set parameters and time allowed. For example in my case, I have some crazy months at work and I am less involved in crypto these days. But if I would set some clear time intervals in which to get myself grounded in crypto, I would surely succeed to do it. But I lack some motivation these days, as I am quite stressed at work.

I felt that I needed to write these methods of not getting distracted by time consuming and low revenue activities in crypto as my work now is crazy, I am stressed and I realized that I am doing a list of things in crypto but some of them simply are not worth my time. It is easy to reiterate through a routine even if it is not worth and being busy makes you realize that and try to optimize and chose those activities that get you the most revenue for building a real financial future. The time from our lives is a constraint that we cannot buy, thus focusing on what gives us more is imperial for our success!

Posted Using LeoFinance Alpha