The Path to Happiness in the Wealth Accumulation Process

In the cryptocurrency field, many people see achieving financial freedom as the ultimate goal. This industry does provide many with opportunities to get rich quickly, sometimes even creating substantial wealth in a short period. However, behind this quick wealth accumulation lie some noteworthy issues:

• Easily fall into a vicious cycle of high-risk investments
• Constantly pursuing fleeting pleasures, making it difficult to achieve lasting satisfaction.
• Blindly following the trend in investment, lacking rational judgment
• Excessive comparison causes unnecessary psychological stress

When seeing people around us achieve financial freedom at a young age or perform better than ourselves, it is inevitable to feel frustrated. But we often overlook a simple fact: work is essentially just the repetition of some basic operations day after day.

Although financial freedom is a worthwhile goal to pursue, rather than blindly chasing after an unattainable high net worth, it is better to learn to be grateful and cherish the achievements already made during the process of pursuing dreams. For example:

• Saving $100,000 before the age of 30 is already an impressive achievement.
• Achieving financial freedom between the ages of 35 and 40 is also something to be proud of, after all, most people need to work until they are 55 or 60.

In addition to pursuing financial goals, why not treat the process as an interesting game? Set different milestones for yourself and reward yourself with a special experience each time you achieve a goal. This way, not only will the pursuit of wealth become more enjoyable, but you can also enjoy more life pleasures along the way to achieving your ultimate goal.

With the accumulation of wealth, there are many ways to improve the quality of life for oneself and one's family before achieving financial freedom:

Care for Parents and Family

• Upgrade their living facilities, such as cars, housing, or electronic devices
• Provide comfortable daily necessities, such as shoes and clothing
• Take them to travel to the place of their dreams
• Taste gourmet food, such as Michelin-starred restaurants or high-end Japanese cuisine.
• Cover their healthcare costs
• Set up a retirement fund for parents
• Consider hiring domestic help or a personal trainer
• Upgrade home goods, such as high-end appliances or smart devices

The health of parents and sufficient savings are important guarantees for their later life. We should share the good fortune brought by the cryptocurrency industry with our families and become their support.

Caring for a Partner

• Share daily expenses and travel costs
• Improve quality of life, such as purchasing electronic devices or high-end daily necessities.
• Moderately satisfy their preferences, such as purchasing luxury goods.

Having a partner who supports you is an invaluable asset. They celebrate every small achievement of yours, providing you with a strong backing in this high-pressure industry.

Be Kind to Yourself

• Moderately purchase your favorite electronic products or brand new items.
• Pay off all debts, such as student loans, credit card debts, etc.
• Purchase real estate and vehicles, reduce long-term liabilities
• Improve sleep quality, such as purchasing high-quality mattresses, pillows, etc.
• Improve the convenience of life, such as hiring a driver, chef, or personal trainer.
• Focus on health care, such as regular SPA, sports massage, etc.
• Cultivate new hobbies or learn new skills to enrich life.

Managing market fluctuations, investment portfolios, and maintaining relationships in this industry requires a lot of effort. Treat yourself well and reward yourself by enhancing your quality of life. Only when you truly change your life does this money count as changing your life.

Examples of Gradually Improving Quality of Life

Phase One (Five-Digit Net Assets)

• Ensure all debts are repaid on time
• Prepare an emergency savings of 6-12 months
• Provide parents with a monthly allowance
• Purchase Insurance
• Upgrade work equipment to improve efficiency

Second Stage (Six-Digit Net Assets)

• Settle all remaining debts
• Travel with family to enhance their quality of life.
• Invest in yourself, upgrade your home life
• Continuously convert a portion of profits into fiat currency to reduce risk.

Phase Three (Seven-digit Net Asset)

• Purchase of real estate or vehicles
• Diversify investments into other assets, such as real estate, collectibles, or stocks
• Establish a retirement fund for parents

Fourth Stage (Eight-Digit Net Asset)

• Establish your own fund or family office
• Consider hiring a personal assistant, chef, or driver
• Help parents achieve complete retirement

Conclusion

Don't wait until you achieve your ultimate goal to start improving your life or giving back to your loved ones. In the pursuit of financial freedom, by gradually enhancing your quality of life through different milestones, you can bring positive changes not only to yourself and your family but also enjoy this journey better.