Can I get to a position where I don't have to work anymore?
This is a question I've been thinking about for a while now!
This recent and sudden rise in cryptocurrencies these last few months really got me thinking it could be quite possible.
Steem is on the rise, our accounts have risen considerably the last 2 weeks and are constantly growing from posting quality content.
I can see it quite possible I could be making $100 dollars a week from steemit, there's already people exceeding this!
I currently hold a nice amount of nem which the price is nicely rising, I'm also harvesting nem and earning small amounts here, not a great deal at the moment but if the price doubles even, it's roughly $30-50 dollars a week.
I've invested in 1.5 VIVA crowns (50/50 with my mother) which if they can deliver on what they want to achieve and it takes off will end up being quite a considerable addition to my passive income.
The last thing I'm doing to try fund my passive income is I've purchased a few TH of bitcoin cloud mining from Genesis Mining, which I plan on reinvesting all back into it to build up more hash power over the next year.
By the way here is a code for 3% off with Genesis Mining iRI47z
I do plan on investing in more interesting currencies once I get more funds together and i'm sure more interesting earning crypto projects will be coming out in the next year or so.
So do you think it's possible that in a years time ill have a full passive income to live off or at least a passive income equal to my current income just from crypto?
This is my plan that by next year I'm equaling my current income passively.
Possible or wishful thinking?