A lot of people are living some sort of miserable life financially. A lot of them see crypto and any form of online income as some sort of the golden ticket of chocolate factory to find some relief in their life. A lot of us fall into that category. Me included. A lot of us think that we will find some sort of magic crypto and we would be out of this financial misery which we or someone else created around us.

But let's admit the fact, there is no magic bullet. No red pill. No potion that can change things overnight.

Investing in Rug Pulls? Don't do it

Some people are promoting rug pulls on telegram and telling you that if you invest into 10 cent based coin then you will go to the moon and get rich. Yeah if that logic were to be true all the Dogecoin and SHIB owners would be sipping coca-cola in some random Asian or north American beaches. But we all know the reality.

If you still want to invest into the tokens with low cost and want to chase the grinder to the bottom. By all means go with that trading path if you are so much adventurous. Let's admit the fact, some people can pull such type of stunts and it works for them. But not everyone can do the same. But let's wait and see how that would go.

If it's dependent on someone else pumping money into system for your coin to go up? It doesn't have a use case? Yes, then it's that coin you know.

Let's Talk about Psychology

Think about the time when you are going to be struggling financially. You look at other people and feel jealous, how come they have what you want. You start to blame your life, yourself and others. And you just remain where you are. In that context the best step you can take is do something. Like do some job, start writing. Have some money in hand which put you in situation where you feel good about yourself.

This is the time where you have to invest your income and let it compound. During this time you have to understand that once this starts rolling in you would be able to feel some relief. Sure you are not yet rich like those Instagram like people. But you are going to good. Not going to be miserable forever. So start somewhere and keep the momentum to feel good.

Reduce Noise

Don't jump on every coin that gets out there with the PR bias. You may learn about new coin every day. Stick with the top coins which are worth it to change your condition. You have to avoid those penny stock coins. You have to avoid coins who promise riches but barely crossed 10 dollar in their lifetime. Find out what works and do that. Avoid going through the noise. That's how you should think of improving your condition.

Listen to advice that works. Don't listen to me if my advice doesn't work. Find out who is in profit, listen to them, if in trading copy their trades. Just do what works and not get attached to the noise that is out there. This seem to be the only way you can work around your noise and move ahead in the life.

Conclusion

Life has full of drama and so does world of money. And it can be said that life does not work by strategies you do in order to predict future. Because a lot of variables are not in our hands. So the step you can do is avoid getting frustrated and move ahead is what is in your hands.

Play your cards right. Rest is just randomness and karma.