Financial freedom and success comes from knowledge - page 5.

perfect999

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Quote from: Zam.io on July 28, 2021, 03:24:08 AM

I agree with the author that knowledge and well-being are tied. But it is the desire and aspiration to learn and take all new things that ultimately leads to financial well-being.

The school teaches how the sciences, objects and situations in the world are called, the university teaches how to filter the flow of information from the world and take what you really need. The person aspiration to endlessly educate from the world and APPLY it for the benefit of himself and the world, including the financial stability, is what really should be counted.

Information is around you and all for FREE, the only thing you need - is effort and the ability to filter information, find reliable sources. While knowledge is power that is only true if you have a way to put that knowledge to practical use for the benefit of your own and the world.

Thats why huge market players like Binance and Coinmarketcap spreading educational materials in their Academies - they know what smart people really appreciate

Most people do not have the minds to learn things they rather not learn or care. I personally went to a year long coding school, it was just about teaching people C# and some other minor stuff, and at the end of the day I ended up getting a certificate from there that said I can code in C#, and at that moment I was actually at a very very very beginner level, not even like someone could hire me, I was that bad but at least I knew some stuff, nowadays I have zero idea what that was all about and can't do anything about it.

All of this comes down to one thing; it doesn't matter how much information is out there, if you do not want to learn, you will not learn it. I have learned Latin all by myself, still suck at it but I at least learned a bit of it all from studying from online courses, but I went to a year long c# course and couldn't learn a thing. This is exactly why people can learn what they want to learn, but if they dislike the topic you can throw every book at them and they will not learn a thing.

n0ne

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Quote from: Sirait on July 23, 2021, 03:22:10 PM

Quote from: OpenCryptoSystem on January 15, 2021, 01:06:11 PM

Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways

World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam

knowledge is a person's best shield to keep himself away from the fraud that occurs in this world. I have never seen someone stupid become successful, only those who have knowledge will be successful. now we can get knowledge easily from the internet and the best way to be successful is to have extensive knowledge.

Knowledge is a must to survive, some feel all who have educated are highly knowledgeable. This is a wrong assumption. Knowledge can be acquired through different means. Knowledge acquired through experience seems to be the best. Because, everyone have good as well as bad experience. Through this one can easily stay safe for the second time.

Dread Pirate Roberts

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Quote from: Charot12345 on July 23, 2021, 08:07:43 AM

failure and disappointments but you can gain useful knowledge in it and if you enhance that new knowledge it will make you more wiser that leads to a great success.

This is the strong point. sometimes failure is considered to be the end of everything. but that is just the beginning of the changes that will make a person successful. but having a strong determination to keep trying from failure is a difficult thing. and there must be a strong motivation. people only want to succeed in one go without any failure and that is very difficult. It's better to fail early than to fail when already successfull.

Zam.io

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I agree with the author that knowledge and well-being are tied. But it is the desire and aspiration to learn and take all new things that ultimately leads to financial well-being.

The school teaches how the sciences, objects and situations in the world are called, the university teaches how to filter the flow of information from the world and take what you really need. The person aspiration to endlessly educate from the world and APPLY it for the benefit of himself and the world, including the financial stability, is what really should be counted.

Information is around you and all for FREE, the only thing you need - is effort and the ability to filter information, find reliable sources. While knowledge is power that is only true if you have a way to put that knowledge to practical use for the benefit of your own and the world.

Thats why huge market players like Binance and Coinmarketcap spreading educational materials in their Academies - they know what smart people really appreciate

Sirait

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Quote from: OpenCryptoSystem on January 15, 2021, 01:06:11 PM

Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways

World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam

knowledge is a person's best shield to keep himself away from the fraud that occurs in this world. I have never seen someone stupid become successful, only those who have knowledge will be successful. now we can get knowledge easily from the internet and the best way to be successful is to have extensive knowledge.

Viscore

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Quote from: Charot12345 on July 23, 2021, 08:07:43 AM

A great success really comes from knowledge and Knowledge comes from education and experiences. Knowledge can sharpen your problem. solving skills, will make you effective and can make you wise in making decision. To be successful and have financial freedom, you will encounter lot of problems, failure and disappointments but you can gain useful knowledge in it and if you enhance that new knowledge it will make you more wiser that leads to a great success.

Financial freedom is not just invested through knowledge but with time and effort too. You can never attained the state of financial freedom without hardwork and perseverance aside from your knowledge that you equipped yourself.

And with the appearance of covid 19, it encourarges us to become more knowledgeable on managing our finances so we will be able to sustain all our basic needs despite of the fact that this covid 19 is a big barrier to earn more money rather than spending it. Luckily, crypto was here to help us to get through with this pandemic.

imstillthebest

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Quote

If someone is good with money it means he or she knows a lot about money .
You can say that you are not interested about money and financial system...welll the covid 19 was good example tgat you need to know about money

but is there someone that is not interested with money ? whether small or big amounts , we need money in our daily life .
crisis like we felt recently made people realize the importance of money or on handling it because some only care to have a money but they are lacking of knowledge on how to handle it properly . this is why some of us are still poor but when it comes to financial freedom decentralized currencies can help us attain it .

Charot12345

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A great success really comes from knowledge and Knowledge comes from education and experiences. Knowledge can sharpen your problem solving skills, will make you effective and can make you wise in making decision. To be successful and have financial freedom, you will encounter lot of problems, failure and disappointments but you can gain useful knowledge in it and if you enhance that new knowledge it will make you more wiser that leads to a great success.

Mistafreeze

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Quote from: CaptainCrapper on July 22, 2021, 10:29:48 AM

Financial success is the key to life. who is successful in the financial sector I think he or she is a successful hole in life. now come to the point of knowledge. every success depends on good knowledge. without knowledge, anybody can not succeed in life.so I agree only very good knowledge can give us financial freedom.

People use to say knowledge is power and information is the key to open the door of success if focus and ambition preceed it. Anybody that is not informed in this life can not be formed to suit different speres of live. As a trader, if one is not embedded with the right information, a lot of things might go wrong and life can be miserable for living which is a sign total misfortune.

Most successful traders of nowadays are people oof high interlect with numerous experience about the market behavior making them a guru when it's come to analyzing the market without much charts or backtesting of the market movement.

Continuous urge to learn more about the Bitcoin environ can make a person to be an expert in the field of Bitcoin and the knowledge that had been gained as a result of hard work and research about the entire Bitcoin platform can contribute to one's success.

oHnK

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Quote from: conected on July 22, 2021, 12:24:41 PM

Quote from: CaptainCrapper on July 22, 2021, 10:29:48 AM

Financial success is the key to life. who is successful in the financial sector I think he or she is a successful hole in life. now come to the point of knowledge. every success depends on good knowledge. without knowledge, anybody can not succeed in life.so I agree only very good knowledge can give us financial freedom.

- Knowledge does not represent the full spectrum of financial freedom as quite a few people prefer to tie themselves to a centralized system, freedom may be a simple thing for them, but they do not accept it for many reasons, from subjective to objective, so financial freedom and success sometimes need the human element to come and decide, some people don't accept and exploit the freedoms, they think it's a risk and that squeezes them harder about safety and bondage

I see that the origin of financial freedom does come from knowledge. If you give an example that many people who have knowledge but do not have financial freedom, it means that the knowledge referred to here can be specialized again. In general, science cannot simply give you financial freedom, but it is your skill in managing your knowledge that gives you the path to financial freedom.

conected

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Quote from: CaptainCrapper on July 22, 2021, 10:29:48 AM

Financial success is the key to life. who is successful in the financial sector I think he or she is a successful hole in life. now come to the point of knowledge. every success depends on good knowledge. without knowledge, anybody can not succeed in life.so I agree only very good knowledge can give us financial freedom.

- Knowledge does not represent the full spectrum of financial freedom as quite a few people prefer to tie themselves to a centralized system, freedom may be a simple thing for them, but they do not accept it for many reasons, from subjective to objective, so financial freedom and success sometimes need the human element to come and decide, some people don't accept and exploit the freedoms, they think it's a risk and that squeezes them harder about safety and bondage

Kong Hey Pakboy

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Quote from: CaptainCrapper on July 22, 2021, 10:29:48 AM

Financial success is the key to life. who is successful in the financial sector I think he or she is a successful hole in life. now come to the point of knowledge. every success depends on good knowledge. without knowledge, anybody can not succeed in life.so I agree only very good knowledge can give us financial freedom.

It's not just that because if that's the only key then rich people won't commit suicide because they've fulfilled the key to life. I disagree with this because there's no satisfaction when it's just a selfish pursuit to finances. There are people out there that don't have a lot of money but is much happier than those that have money, those are the people that have found the key to life.

CaptainCrapper

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Financial success is the key to life. who is successful in the financial sector I think he or she is a successful hole in life. now come to the point of knowledge. every success depends on good knowledge. without knowledge, anybody can not succeed in life.so I agree only very good knowledge can give us financial freedom.

iv4n

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Quote from: Ausgewielt on July 20, 2021, 03:05:04 AM

I think that sounds like little bit pessimistic. I believe that the world is still a good environment to leave although some economic system is not good. I don't think that the world is scam and fraud, but I believe that there are some group that force us to live in a system they made. That is one of reasons why I choose cryptocurrency as investment. Being smart and have many knowledge will ease us to get financial freedom but it's not a guarantee, a good manner will prevent someone to do bad thing that may drag him or her into poverty.

I agree, the world is not a dark pessimistic place. There are tons of opportunities for us to change our lifes and profit of the current economic system. Just compare todays world back to how the people lived 100 or 1000 years ago. We have it much better than the people before us. Imagine working as a 14 year old in a coal mine all week. Or imagine being the subject of a king and having no freedom at all. Financial freedom might be hard to achieve, but still we have a better life today. Iceland now is changing to a 4 working days week. Just a matter of time until other countries will follow.

Today people definitely live better and more comfortably compared with how people lived centuries ago! But I also think that the world is far from Iceland's standards! Simply they are centuries in the future, it will be hard for some countries to get there! So while Iceland is changing to 4 working days a week after a successful experiment (experiment lasted a few years), in my country working week is all week! There was some discussion for Sunday to be a free day for all, but our president said because he is working 25h every day and 8 days every week, we must follow him!

Knowledge is just one factor, to get to some freedom (including financial one) and some success, you need to have more than just pure knowledge!

Ausgewielt

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I think that sounds like little bit pessimistic. I believe that the world is still a good environment to live although some economic system is not good. I don't think that the world is scam and fraud, but I believe that there are some group that force us to live in a system they made. That is one of reasons why I choose cryptocurrency as investment. Being smart and have many knowledge will ease us to get financial freedom but it's not a guarantee, a good manner will prevent someone to do bad thing that may drag him or her into poverty.

dezoel

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Sure what you have said is right. Just like when I don’t know much about money, I will just be making savings by using my country’s currency that keeps losing depreciating and losing value over time. But when I started to gain knowledge about money and learn about cryptocurrency and other things, that’s when I realized that I need to have my money invested in other currencies that are stronger, and in good assets that will grow over time and use them as a hedge.

So now I don’t just hold my local currency as savings, I try to convert to other currencies and invest in lands, and cryptocurrency, and so many other things that can help build my wealth. At first it will be difficult for you to start, but when you finally start, you’re going to be the one to benefit from it.

perfect999

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Quote from: pealr12 on July 17, 2021, 02:38:35 AM

No strategy works better than understanding the market, know when to buy and sell when it comes to crypto investment, if you fail to take advantage of the high price and rather hodl for whatever weird reason it will cost you the opportunity to multiply your stash, sell at the right time and buy back when necessary is the way I see anyone growing their investment, I have learnt this past few weeks.

Although what you are saying might be true, it's completely pointless in the current discussion because as a trader you would never have financial freedom because a trader is similar to a daily wager worker who needs to work to feed his family.

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At a young age, a person must learn how to handle finances. Must know how to save for the future. Invest to make money grow. Set goals to achieve it. Avoid debts.

That's why I strongly feel schools must have something in the course that teaches kids about economics and what are the advantages of managing your financial status. What are the problems that come with loans and when one should take a loan.

Everyone is chasing money right not but the one who gathers the most knowledge is the one who has evolved the most, according to me.

Rruchi man

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Financial freedom and success comes from applied knowledge. Personally I believe that self-education trumps formal education. Jim Rohn once said, “formal education will make you a living; self-education will make you a fortune.” I'm pretty sure that the Bitcoin whales we have in the world 🌍 today didn't acquire their knowledge of cryptocurrency through formal education but were self-taught. And one of the best ways to make a lot of money 💰and be financially free and successful is to understudy those who are already financially successful.

There's always going to be a bull and a bear market, there's always going to be FUD, there's always going to be shitcoins, there's always going to be pump and dump seasons, there's always going to be a bearwhale and what-have -you. It is in these times that your knowledge will truly be tested and if applied accurately can result in huge financial gains. Ofcourse the reverse is the case.

ziennakarishma21

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Quote from: OpenCryptoSystem on January 15, 2021, 01:06:11 PM

If someone is good with money it means he or she knows a lot about money .
You can say that you are not interested about money and financial system...welll the covid 19 was good example tgat you need to know about money

Before the covid the richest people sold their assets why so ? You think it was inside info ? No it wasnt they just know about money

And crypto is money and when you dont know about money then you shouldnt be in crypto ...
Or you stay in crypto learn hard and its a miracle you learn more about money

Now days when we face the facts that most of the money will go in. Crypto and stock commoties markets and real business ownership will need to have state licenses ....
The you realise that you must learn.
...those main things :

When the economic circle start amd when it finish
When to buy and whem to sell
How to know if its just FUD/ shake out the weak hands or actual financial liauitity crisis ?

How do you know how the sec and fed working together ?
How the money is created?

Sounds like a boring right ?
Sounds like a lot of small details what the cool dude like you shouldnt know ? Right ?

But this is fundamentals and if you dont know this then you are not going to be rich unlikely.

Covid 19 is good example main rule:
When markets are bullish make money like there is no tomorrow becouse you need that money when everything goes down.

First rule: if you can swich your location for better to optimize your taxes do so.

The saved. 40% on taxes of 1 mil is your wealth saver in future.

Live by 5 years plan make your wealth plan in 5 years plan

Still sounds like boring right ?
How does that sounds whem everybody is suffering you drive your nice rolce royce drinking some nice jack daniels relaxing at the beach...isnt that cool ?sure you want good thimgs but before that you have to go over a lot boring things

Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways

World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam

Yes, you are right, to be successful we need knowledge like a profitable BTC investment, why do I invest in it because I know that the BTC platform is a strong and long-term foundation, in the future will be words for me. and those who don't know and have no knowledge they can't succeed nor BTC they always consider it a scam

Lorence.xD

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Don't forget that a bit of hard work, connections and drive to perfection is going to be needed for a success too. I mean there's really no one size fits all formula for success in anything, you can make money without connections, or without hard work or determination.

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