In India, this problem is also increasing enormously. People don't pay for the services they received on time and when we call them for our money, they just postponed it for a week, or month as per their circumstances.
Whether its a corporate sector or self-employement field, condition has worsened over the years. Now in order to gain financial freedom, one must follow some protocols, or let's say some rules to survive this late payment injustice.
These rules must be made to maintain the financial security and the status of living for a person in present as well as in the future. Because in order to maintain the financial security, we need something today which can benefit us for the future.
Steem and Steem power is revolutionary, Indeed, but there's uncertainity in crypto market which makes it kind of gambling. It's not a pure gambling because in crypto one has to do hard work to understand it and then investment is made. My point is , to survive and flourish our financial freedom, we need to generate income from the numerous sources. Steem, alone, is not enough. If one has some spare investments, then he should do it in stocks, derivatives, gold and real estate. I have faith in Steem power but too much faith can become a means of fall. So, I diversified my investments in real estate, srock, derivates, gold and crypto's. Only steem investment, I don't believe can safeguard someone's financial freedom.
Disclaimer: This is only my views on investment, not any kind of recommendations.
This post could help to some extent.
https://steemit.com/steemit/@cryptonet/is-steem-alone-a-healthy-investment-for-future-or-there-are-other-points-to-consider-let-s-decide
Thank you @exyle sir. You're much experienced than me so I wish you all the success with your investments :)
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You are right. Diversification is good.