Financial freedom, is it possible in 1-2 years? - page 3.

alwaysmyn

jr. member

Activity: 30

Merit: 3

Quote from: Radius111 on January 27, 2018, 11:35:52 AM

I think when you have a solid plan and you stick to it, it is possible, even with a start of $ 200.

I agree with you, I started out investing a very small amount and I have planned it really well, within a year I already hit more than my desired target. Here in cryptoland there's nothing impossible
you just need to be aware of everything and continue to grow and learn by being updated to news and articles and open to everything. Cryptocurrencies changed my life and changed the way I think in a positive way. This 2018 my target will be the financial freedom I am dreaming and I am positive that I am almost there.

DAVETUN

full member

Activity: 728

Merit: 101

Bitcoin is the currency of this age

Finacial freedom is possible if you invest wisely and you are not in a hurry to get wealthy,research and invest your 200$ in a promising ICO, anf alsio join bounty campaign,with this you should be financially free in 2years,thou it also depend on your country of residence

imdabest239

full member

Activity: 126

Merit: 100

If a timeline of 1-2 years $2000-3000 should be enough, do your research on good ICO and invest in it and your $2000-3000 should turn into a bigger amount... Keep doing the same thing for your 1-2 year it will be quite a lucrative account, however I can't assure you a financial freedom as everyone financial freedom is different.

Moana

full member

Activity: 298

Merit: 106

It is impossible to answer properly to this question, since there are too many factors in play. How do you plan to make money? Trading? Holding? How good are you in trading? These are all variables. The safest method is holding, having a nice portfolio of promising coins, but you will have to possibly wait for more than 1 or 2 years, unless you are lucky.

goaldigger

sr. member

Activity: 2422

Merit: 357

Financial freedom depends from these two aspects.
-how long your debts are (probably on housing loan, car, etc.)
- how much debt do you have (usually mkney for capital, etc)
In my opinion, you can only have this so called financial freedom if the debts you have are all paid up. It depends if it just for months or years. It can also be, if the debt you pay regularly doesnt bother you anymore because of the plenty resources you have. 1-2 years in cryptocurrency is enough for that.

Blas

full member

Activity: 490

Merit: 100

I don't think 1-2 years are enough to achieve financial freedom. The main reason is the amount you are going to start with and how much this money mean to you.
For example of you need 1M$ to feel free and you start with 10000$ (which is significant amount for the investor), for me it is hard to believe that the whole investment will be left until reach 1M. Most likely will be withdrawn when is 500000$ or even 300000$.
On the other side if you can start with 100000$, than 1M will not be enough to feel free for life.

So everybody has a limit, beyond this limit the numbers matter and holding in impossible.

icoprofits

newbie

Activity: 266

Merit: 0

Financial Freedom with crypto trading is very much possible when we select good selected coins and hold those coins for long time 2 years is considerable amount of time

lutcor

jr. member

Activity: 448

Merit: 1

I probably would have asked myself a question. What is financial freedom in your understanding? You think that in a couple of years, you will be rich enough that you will not have to work. Of course, I would also like so, but I think we were seriously late to this table. Therefore, it is better not to think about it and try yourself in all kinds of employment on this forum.

rouhaud

hero member

Activity: 888

Merit: 571

Payer sa baguette en BTC, c'est possible

Quote from: Dreamchaser21 on January 29, 2018, 05:58:46 AM

No matter how much you started here as long as you are committed to be financially free, you will surely achieve it. But of course it takes time, settle your debt first and start spending your money more wiser. Set your goal, work for it and repeat the formula for you to succeed.

for me it's totally possible in this great era. i didn't achieve it as i'm speaking. but i have already created enought to have a wealthier life in the coming years. the key is to not be too cgreedy and to secure parts of earning on a regular basis.

Dreamchaser21

full member

Activity: 686

Merit: 108

No matter how much you started here as long as you are committed to be financially free, you will surely achieve it. But of course it takes time, settle your debt first and start spending your money more wiser. Set your goal, work for it and repeat the formula for you to succeed.

feelideb

full member

Activity: 770

Merit: 101

fLibero.financial

What you have highlighted will be more practicable and visible if it is applied to real life work instead of trading alone. Clear career path with hard work and persistence will get you to your financial freedom faster than speculation.

Cnut237

legendary

Activity: 1904

Merit: 1277

For trading, it is good to set a clear exit point, and stick to it. Greed often means you will not sell if a coin is rising, and not buy if it is falling - you think it could still rise/fall further. This is how you miss an exit point.
Always know why a coin is moving in a certain way. This will also help you to plan your exit point from the trade. The worst thing you can do is to jump onto a coin because of FOMO, with no idea why its price is moving. This is how you can be left a bagholder and it is how you can fall victim to pump and dump groups.

The best two things I think you can do are firstly, learn from your mistakes, and secondly keep yourself informed as to why prices are moving in a certain way. If you can master these two, then all that you really need after this is a bit of experience.
Good luck out there!

ilnick

newbie

Activity: 322

Merit: 0

It is not necessary to have $ 200 at the start.
You can start from ZERO. Write a few articles in a good campaign bounty. You will get + -1K$. You can also partisipate in other bounties, depending on your abilities.
It can take 1-3 month.

The money taken in the bounty, can be invests/trades in perspective tokens/coins.

This is my experience.

LancelotRay

newbie

Activity: 168

Merit: 0

Quote from: nmax21 on January 29, 2018, 04:59:07 AM

I agree, no matter how much you started trading. It is important to have a clear strategy, composure and purpose. If your goal is financial freedom, then cryptocurrencies are a good choice. But you need a lot and hard work!

But with that being said, it's also important to mention that being financially freedom, from cryptos alone, is a very difficult task and very few manage to actually pull it off.

husdemba

full member

Activity: 1302

Merit: 115

Pepemo.vip

You mentioned very accurate information and strategies. A person who can do these things can come at a very good level economically.
But it isn't easy to do. We must be patient, brave and careful.

frowsiter

sr. member

Activity: 714

Merit: 261

This one is really nice post.

I think creating plans, sticking to them and executing those plans is the best procedure we should always follow. Many times people directly jump into the he field and start hunting the quickest ways to earn money. First things first, there is nothing like quick money making or egret rich scheme so we should never bother about it.

If we are starting something new then always note that we need to give time to that one. Greediness can always lead to disaster so better keep calm, and work on it as if the business is yours! :-)

Tambu

jr. member

Activity: 224

Merit: 3

Financial freedom if you are not working for money anymore instead your money working for you. Investing is one way lets say main way to achieve financial freedom. Investing in a few amount is a good start. Learn first your strategy at small amount, if you master your strategy then go to a bigger amount. 1-2 years road to financial freedom is hard to achieve unless you have a concrete and establish strategy.

As what Rick warren said in investment 'do not put all your egg in one basket.' 1-2 years including mastering your strategy in investment is beyond reach.

nmax21

full member

Activity: 350

Merit: 102

I agree, no matter how much you started trading. It is important to have a clear strategy, composure and purpose. If your goal is financial freedom, then cryptocurrencies are a good choice. But you need a lot and hard work!

The One Who Knocks

jr. member

Activity: 41

Merit: 2

I do believe that any amount that lets you enter this world of crypto is a good amount. Of course if you want more gains, you need to invest more OR you just make a killing in investing into a promising coin that in some years blasts.
If you do want to day trading, you really have to know your way around the markets, and be really conscious about the fees between markets and transfer times (congestion of the network) in order for you to know if it's profitable or not. Long term hodling you just have less to worry about as you'll just gonna wait until your coin achieves an amount established by yourself. Best of luck dude!

disam

sr. member

Activity: 394

Merit: 250

i do know a person who started the cryptoland story with just $250. After a year in the game he is on a good route to financial freedom. Everything is possible in this crypto game so never give up, study and always #DYOR.

Topic: Financial freedom, is it possible in 1-2 years? - page 3. (Read 564 times)