Let me share to you my own story regarding crypto profits.
It all began late 2017 when I was still participating in airdrops and bounty programs. Ah yes, the good ol’ days where the payments are very high because of the ICO hype that made BTC, ETH and other cryptocurrencies skyrocket before the great crash on the following year.
Back then in my early days, I used those profits to pay all of my remaining debts. I am completely debt-free until today. I also use those profits to buy myself a 2nd hand Macbook Air for me to accelerate my talent in doing airdrops and bounty hunting. I also traveled a lot for most of 2018-2019 in both local and international countries. I rented a condo unit in the country’s capital and became independent for most of 2019, far away from my family who are in the province.
As the COVID-19 pandemic began, I learned a very hard lesson. I am on a rock bottom mode again, having no job, all bounty and airdrops aren’t paying me, etc. I was in a strict lockdown for 2 months (during that time only 1 authorized family member is allowed to go out in buying necessities). But that time, it allowed me to develop new skills and abilities like doing interviews and live AMAs, etc., for free.
I don’t have studio equipment back then, as I only relied with my old Macbook Air, earphones and a cheap ring light. But I kept going and blessings keep pouring, in which I have finally regained amounts that I have lost. It allowed me to finally discipline myself in managing finances and risks.
Fast forward to today, I used my crypto profits mainly to pay off my monthly bills, contributing the needs of the family, buying monthly maintenance for my health, and recently bought myself a high-end computer set with Ryzen 5 processor that is built for both gaming, streaming and doing high quality videos for clients. And not only that, I have used some of my profits to invest in those projects at seed, private or presale prices respectively for the long term.