I became Independent Because of Cryptocurrency

uneng

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Quote from: xSkylarx on December 14, 2022, 02:39:45 AM

Quote from: kotajikikox on December 14, 2022, 02:17:49 AM

Quote from: fennic on December 09, 2022, 11:59:45 AM

Now I am making 100 dollars plus form crypto. That is enough for me.

it is good that you are earning 100 dollars as student and making more by yourself , though what do you mean by independent ? are you supporting yourself ? or independent as in you are living on your own but still supported by your parent?

because being in university and earning 100$ is something not enough for your expenses .
but again congratulations to your investment as for 5 years now? just this year that you finally seeing your investment fruiting and bringing joy to you.

I don't know where he was living right now but here in our country tuitions are free so you'll need to pay only the miscellaneous fee which if he is earning $100 dollars per month he can pay but the problem is that how is he living right now, I am sure he is renting then he is buying foods and now is that the recession hit us so everything is expensive I am hoping that he can still keep up. I can define being independent as that you are really living on your own, without any assistance (financially) from your parents and if you don't work you can't eat anything at all.

Depending where he lives, an extra income of 100$ can be already enough to pay for his renting or food expenses, but definitely it isn't enough to pay the universit, unless he got a scholarship from the university itself or the government, so he has decent discounts on the monthly costs, installment payment, or doesn't even need to pay anything at all.

CryptoYar

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I'm glad for you that you learned from your mistakes and are finally able to make money from the market.

If you do anything with passion and don't get disheartened when you lose, you will become successful one day. I think whoever is a successful trader today must have made many mistakes in the beginning but he persevered. And kept learning from mistakes as you did. And finally, he was able to make money from the market.

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Quote from: pawanjain on December 29, 2022, 10:11:29 AM

So are you making money just by trading or holding bitcoin or is there anything else as well.
The reason I am asking is because having around 0.015 BTC is considerably small according to current market price.
~

Guessing from the image OP shared, he is a futures trader. As he has $274 in his USDO-M Futures account where you can trade BTC or any other coin but with stablecoins.

pawanjain

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Nothing lasts forever

Quote from: fennic on December 09, 2022, 11:59:45 AM

I know this is just silly story but I want to tell you that my bitcoin journey is not fascinating but here I want to tell.
In 2017 I started Bitcoin trading and also got skeptical in crypto. I lost too much much money but I got resilient. Cause I know that their is a future for me in this.
After late 2019 beacsue I took admission in university and now I am independent and I do not need Money from my parents and that's good for me. I started making Money from crypto. I am And that was joy for me. Now I am making 100 dollars plus form crypto. That is enough for me.
snip

So are you making money just by trading or holding bitcoin or is there anything else as well.
The reason I am asking is because having around 0.015 BTC is considerably small according to current market price.
Although it might be a decent amount in the long run when prices spike up but you need to grow your portfolio gradually which I know you will.
You can also start some freelancing since you must be in college right now which will help you to earn an additional income.

Gallar

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there are lots of interesting experiences from everyone who starts investing in bitcoin and crypto, from school teenagers to old people, and all of them are very interesting to read.
but what makes me most proud is that many young people have become independent after they plunged into the world of bitcoin and crypto investment, that's what makes me proud of the presence of bitcoin and crypto.

Oneandpure

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I have been independent after knowing with cryptocurrency and started investing or trading in Bitcoin and several altcoin project, but before I know with Bitcoin I have been publisher and could said almost independent with my financial. Almost six month become publisher and some thing bad happened and I got great opportunity with cryptocurrency.

I can said with cryptocurrency my financial more independent than become as publisher in adsense, I think not have planning back to be publisher and excited how to earn profit trough Bitcoin and altcoin trading, although have dark moment in this year when Bitcoin have down trend and make us loss much investment.

Iranus

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Quote from: Z-tight on December 14, 2022, 02:41:09 AM

Quote from: ModestyKK on December 14, 2022, 02:12:13 AM

When you make profits in this market, I am very happy for you, but I personally think that although altcoins are risky, I have to say that a good altcoin has a good timing and higher profits, which is very exciting. It's also risky.

How possible is it to find that "good altcoin with a good timing", i'm afraid it is a wild goose chase and too risky, some altcoins are good at pumping if you have the crystal balls to guess the correct time it will, but you must also have crystal balls to sell it before it starts dumping, altcoins is a tricky and risky 'business', there isn't even an altcoin that can be considered 'good', a good altcoin is one that is currently pumping in the market, once it can't pump, another one that is pumping becomes the latest good one. If you want to buy a decent coin that is useful and surety of profits in the long term, then buy BTC and don't gamble with altcoins.

Bitcoin is the perfect choice for long-term investment, but it is not true to say that all altcoins are bad or not worth investing in. Bitcoin has brought a lot of profits to many people, but what about ETH? For those who bought ETH for less than $1 and held so far, their earnings are not inferior to those of bitcoin holders. Not to mention many investors who have held BNB since 2018 and 2019 so far, they have also had profits that we will never get. I'm not against someone investing solely in bitcoin, but I'm not against someone investing in altcoins like ETH or BNB either.

BALIK

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🍓 BALIK Never DM First

Quote from: Cryptomultiplier on December 12, 2022, 03:12:43 PM

I believe the point of being independent is that one can comfortably afford his/her necessities without thinking too much as to how the cash for expense would come. This can only be an achieved feat when one has resolved on a means of income and has focused so as to gain the best from the means.
As Op has stated his freedom, some other persons may have a different idea, because as right said, the income value of currency varies from region to region.
If i had to ask OP a question, it would be, have you tried living else where with this current income, where bills are more than equivalent to the current one you pay? Do you think your independence is sure enough to care and carter for a family, should you decide to or already have one?
I however, admire your resolve and hope to come an indepence of mine wherein I could afford more than the basic necessity.

What you are talking about is financial freedom, so in OP's case, it is rather he is becoming financially independent thanks to crypto, not financial freedom, they are entirely different. OP's freedom is no longer dependent on financial support from parents, not having to spend comfortably without worrying about running out of money.
I admire what OP is doing, hope he can maintain and develop it in the future, not only no longer depending on his family but also hoping he will support his family thanks to bitcoin.

LEbimb

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When we grow up, we can indeed rely on our own ability to earn living expenses. Parents have done a lot in raising us, and it is a good choice to enrich our lives through cryptocurrency.

lienfaye

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Congrats for your achievement for not depending on your parents financially. It's good that you never give up despite of the losses you experienced before becoming independent. I like your positivity and it's an inspiration to us to never give up just because you failed in your first try.

We need more positive stories like this to remind us that there's a good thing that will happen if you invest in Bitcoin or crypto in general. It's a risky investment but look at the good side of it if you're feeling weak to keep holding.

Z-tight

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Quote from: ModestyKK on December 14, 2022, 02:12:13 AM

When you make profits in this market, I am very happy for you, but I personally think that although altcoins are risky, I have to say that a good altcoin has a good timing and higher profits, which is very exciting. It's also risky.

How possible is it to find that "good altcoin with a good timing", i'm afraid it is a wild goose chase and too risky, some altcoins are good at pumping if you have the crystal balls to guess the correct time it will, but you must also have crystal balls to sell it before it starts dumping, altcoins is a tricky and risky 'business', there isn't even an altcoin that can be considered 'good', a good altcoin is one that is currently pumping in the market, once it can't pump, another one that is pumping becomes the latest good one. If you want to buy a decent coin that is useful and surety of profits in the long term, then buy BTC and don't gamble with altcoins.

xSkylarx

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Quote from: kotajikikox on December 14, 2022, 02:17:49 AM

Quote from: fennic on December 09, 2022, 11:59:45 AM

Now I am making 100 dollars plus form crypto. That is enough for me.

it is good that you are earning 100 dollars as student and making more by yourself , though what do you mean by independent ? are you supporting yourself ? or independent as in you are living on your own but still supported by your parent?

because being in university and earning 100$ is something not enough for your expenses .
but again congratulations to your investment as for 5 years now? just this year that you finally seeing your investment fruiting and bringing joy to you.

I don't know where he was living right now but here in our country tuitions are free so you'll need to pay only the miscellaneous fee which if he is earning $100 dollars per month he can pay but the problem is that how is he living right now, I am sure he is renting then he is buying foods and now is that the recession hit us so everything is expensive I am hoping that he can still keep up. I can define being independent as that you are really living on your own, without any assistance (financially) from your parents and if you don't work you can't eat anything at all.

Chato1977

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Quote from: ModestyKK on December 14, 2022, 02:12:13 AM

When you make profits in this market, I am very happy for you, but I personally think that although altcoins are risky, I have to say that a good altcoin has a good timing and higher profits, which is very exciting. It's also risky.

Then best to stay Posting in Altcoin and not here in Bitcoin discussion because there are different market and also different approach , OP is earning not just that instead because he is holding bitcoin a little each time but at least showing support on it.

Quote from: PouJonah31 on December 14, 2022, 02:08:49 AM

This is a good start, there are many people who make profits from cryptocurrencies, and then use the profits to invest repeatedly to make more money from it, but there are also people who will lose money, hope you can analyze the market situation in time.

from What I can read in OP's post? he is not starting instead he had been here for 5 years and investing Grin

but good to see that His persistency is still that strong till now while he already experienced some bad in the past.

kotajikikox

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Quote from: fennic on December 09, 2022, 11:59:45 AM

Now I am making 100 dollars plus form crypto. That is enough for me.

it is good that you are earning 100 dollars as student and making more by yourself , though what do you mean by independent ? are you supporting yourself ? or independent as in you are living on your own but still supported by your parent?

because being in university and earning 100$ is something not enough for your expenses .
but again congratulations to your investment as for 5 years now? just this year that you finally seeing your investment fruiting and bringing joy to you.

ModestyKK

newbie

Activity: 17

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When you make profits in this market, I am very happy for you, but I personally think that although altcoins are risky, I have to say that a good altcoin has a good timing and higher profits, which is very exciting. It's also risky.

PouJonah31

newbie

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This is a good start, there are many people who make profits from cryptocurrencies, and then use the profits to invest repeatedly to make more money from it, but there are also people who will lose money, hope you can analyze the market situation in time.

WhatDoIKnow

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Cryptocurrency can certainly provide individuals with the opportunity to become financially independent, as it allows users to store, send, and receive value without the need for a central authority or intermediary. Cryptocurrency can also provide users with more control over their own financial affairs, allowing them to make transactions and manage their own money without the need for a bank or other financial institution.

However, it is important to note that cryptocurrency is a highly volatile and risky investment, and anyone considering using it for financial gain should do their own research and carefully consider the potential risks and rewards before making any decisions. It is also important to remember that financial independence is not guaranteed through the use of cryptocurrency, and individual results may vary.

Agbe

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Congratulations for the independent life bitcoin has given to you. It is not easy to store bitcoin to that amount mostly in this bear market era. Independent life is the one everyone is looking for. And is a good attainment/achievement. Bitcoin has liberated plenty households in the globe. But I don't think the $100 dollar can do anything in this inflation period. Keep up the storing.

llinazulrq

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This feeling of independence is very fulfilling, being able to meet your own needs without the help of your parents is very happy, it may be difficult at first, but you have persisted until now, good luck. Cheesy

Tommiewill

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Congratulations, very nice! Glad you are making money investing in cryptocurrencies. Many people lose money investing in cryptocurrencies. A lot of students your age didn't touch cryptocurrencies, you've done a better job than everyone else.

To be honest, I also became financially independent (more savings than before) because of investing in cryptocurrencies. My family also invests in cryptocurrencies, and we will occasionally discuss which one is worth our investment, but the real investment is our own judgment, our own decision, and we don't make decisions for others. Hopefully next year the cryptocurrency market can get better.

Ebede

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Join hands and help me to grow everybody...

Quote from: Anonylz on December 09, 2022, 03:03:19 PM

The power of crypto and the reward of being persistent, never give up. Am glad to see you earning through crypto, achieving your goals slowly and most importantly becoming financially independent. I think majority of us can also relate to this story. Keep striving bro.

Who is the Bitcoin many people are financially independent so since introduction of Bitcoin it has helped many souls are many lies nobody is noun the inquisitive to do work with the government so it's going alone is the helping hands in the same that you try to help people go work on their own money without bothering for anyone

Topic: I became Independent Because of Cryptocurrency (Read 757 times)