Practice good personal financial habits before crypto investing

In my opinion you shouldn't be investing in highly speculative assets before making sure your personal financial habits are in check.

Some concepts I'd suggest:

1. Emergency savings account – always assure a healthy savings account to be able to repress financial challenges that may happen to you. You could lose your job, total your car, divorce your wife, become partially unable to work, etc. Depending on where you live, but for me that means roughly 6 times necessary monthly expenses.

2. Buy less – we live in a wild consumption era. Most of us want more, the latest greatest, etc. I'd say, cut down and spend less. Do you really need it? Any luxurious item you think you need, delay the purchase for a week and see if you really want it.

3. Excess money into save investments – with the above, you'll be able to invest money that you save on top of your emergency fund. Better start some "safe" investing into ETF and funds in the stock market.

4. Use crypto as investment – after having 1-3 in check, you could start crypto investing. Ideally starting with ethereum and bitcoin, and find some other promising coins. Staking for additional returns.

With healthy personal financial habits, you can already earn / save money and invest safely. Spend less than you earn is the best way to become and stay wealthy.