Seeking Financial Stability
This will probably be my shortest post ever as I don't do financial posts. Money once cost me my freedom so no it's not a topic I am good at or a conversation I look forward to having. But I am also in a compromising position and the need to chase financial stability has me by the neck.
Most people at my age seem to have figured out their finances but I like thousands others are still trying to balance the food prices versus the rent or school fees in our heads. The agony of living from hand to mouth has me living a worrisome life and I can't wait to break free. Talk about the ongoing pandemic reawakening the need to save up for a rainy day.
Currently, I can afford basic needs including rent, fees, food, healthcare and clothes comfortably but incase of anything else, I'd be in a hot soup. Like I have been for a while now.
I want to invest or make some passive income. On the ground it will be mushroom farming and the initial capital totals to 700 dollars. I am looking for how to come up with it without messing up the usuals. Here... I would like to lean in on cryptocurrencies. Trading has been a common bug of late but I have zero idea on where to start or how to go about it.
Whoever can guide me through this should reach out. Please.
Other than that, I can try to gather whatever I can through posting but I am stranded a bit. Balancing my responsibilities and school is tricky enough so being consistent here is quite elusive. This is a reality for some of us and since withdrawing from the chain sometimes feels like betraying the journey, it gets hard.
I feel like it should be normalized but it isn't. One seems like they are driven by greed if one they dare make this an income inlet or such has been my experience.
The inflation of cryptos also is another factor to keep in mind.
Which brings me to the core of this post... Why has there been no one open to the idea of buying cryptos like Hive, HBDs, Steem and the rising SBDs with US dollars for anyone to exchange it with their local currency? I don't mean an exchange, I mean someone who can be accessible to those who want to earn from it.
Or is there? Their services would be of help to those who wish to make ends meet easily.
The process of waiting for days to get something that is meant to be of help instantly is crippling. And it dawned on me when Steem was doing okay and I had to exchange it with BTC via @blocktrades then start looking for a local willing buyer to exchange it with fiat. Why can't it be exchanged here? To US dollars? Or is it possible? Or are exchanges our only hope?
At the moment, they are limited buyers
read unwillingas cryptos have not been that embraced on my side of the world.
If you have ideas please share them!
Posted Using LeoFinance
I feel you, right down to the core. Hang in there. I believe we will all figure it out.
Thank you so! Sometimes it feels like one is talking to self but this comment says I am not. Sending you love and light ♡
You’re never alone.❤️
Ok the mushroom farming, and the story of how money cost you your freedom have me wanting to read more.
Are you asking about people exchanging goods or services for hive or steem? Or what exactly are you looking for. I would guess that we are not mainstream enough yet to do such things but maybe in the (hopefully near) future?
Quickest version, I am an ex inmate. Hate talking about it. Will start mushroom farming as soon as I can raise the capital to. You can never wrong with food where I come from... we love our food :D
Not really. I was asking if there is anyone/service that can allow those coming here looking to earn a living to send them hive or steem in exchange for the universal US dollar as crypto exchange are not everywhere or better yet readily available or accepted.
We ain't? I thought a community that can come up with a better version in a matter of days would be! Thank you so much for the interest :)
I like your idea, maybe it can be as easy as instantly exchanging hive for USD.
The problem I see is that in my area, I am the only person that I know of that uses HIVE/STEEM.
I do know however that STEEMLEO sell goods and services and accept HIVE/STEEM and coins. That's a step in the right direction.
This is a reality for most of us and exchanging Hive/Steem instantly would be something to resolve such. I know about SteemLeo which is amazing by the way.