Rich Dad, Poor Dad: lessons learned

Getting involved in the crypto space has also made me think a bit more on investing, passive income and so on.

I wanted to learn a bit more and someone who is a lot farther along the path then I am advised me to start with :
Rich dad, Poor Dad by @robertkiyosaki

I had heard of the title before but never got around to reading it. My journey into crypto made me think otherwise and when walking through a bookstore last week I saw a copy and took it home.

I went through the whole thing in a few days as it really resonated with me.

The big thing here is that having your money work for you and building up assets that give ROI is not a bad thing but 90% of the population was raised to think otherwise and we all know we are creatures of habit.
When my grandmother asked me what I wanted to be later in life at the tender age of eight, my answer was either Retired (as in living of the interest) or Sheikh, as is very wealthy by owning oil companies.

Both were examples that are in line with the teachings of the book. And then life happened and I got sent to school, got dragged into the rat race like most of us.

Along the way I bought an apartment that I was able to sell for a bit more. The money made was invested into part of another apartment that pays part of the rent. The only thing I did wrong there is spend that part of the rent.
I know that some steemians are aiming to get out of the rat race. @tarazkp and his brother @galenkp mention it often. Crypto has enabled people like @exyle to succeed as well and @indigoocean had already succeeded but got a nice boost by crypto.
The examples and role models are here on our blockchain and we just have to read and learn from them. Not all things will apply to you but there are always little things you can pick up and use.

And along came bitcoin and crypto. I have gotten toghether a bit of Steem and some @Buildteam which is basically providing me with another passive income of 50ish SP per month.

Now I have learnt my lesson and I am putting back the revenue and reinvesting it. My Builteam revenue is now being used to buy more buildteam tokens. My steem is partly being powered up and partly going into other crypto as diversification. Things like Nexo, Kucoin, Neo that not only have a decent chance to grow in value but also give some passive income.

In this bear market this is all peanuts but you have to start somewhere and the most important thing it to put things into the assets column.
Another one of the lessons is that some risk has to be taken and that you buy when the markets are red. I would state here that even though the crypto bear market might not be over yet, it is an opportune time to buy with a long term view.
For me Crypto is an asset class and as of Oktober 2018 there are over 2000 crypto-assets.

There are four types:

• Cryptocurrencies
• Platform tokens/cryptocommodities
• Utility tokens
• Transactional tokens

During this year and a half in Crypto I have aquired all of these classes in one way or another.

So here are my questions:

• Have you read the book or heard of it?
• Do you have assets that are bringing passive income?
• Do you consider Crypto to be an asset class? (and would rich dad?)
• Are you wanting to get out of the rat race?