Start investing so you can quit your job and retire early. - page 10.

Gheka

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Quote from: Sadlife on March 07, 2020, 07:25:58 AM

I agree i know a lot of people who work hard all their lives sacrificing sleep, family and health just to earn that small wage that's after a few days is gone. Because of the increasing prices of services, food and daily necessities. So instead of burning all your money away with these things, take a portion of it and start investing.
But investing money blindly we'll only get you rekt, you must pick a good viable profitable project or coin also.

Indeed, if we only work hard and lack investment, we will never be able to enjoy a comfortable life and early retirement but unfortunately, a lot of hardworking people refuse to invest because for them, investing is a dangerous game, they can lose everything they tried, and instead of living such a life, they chose to live a normal life, no worries and pressure on investment. They have very reasonable explanations, the risk of investment is always too great while the number of successful people is too small, everyone will have a choice that suits their abilities, we probably should not force and change their choice

jakelyson

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Quote from: Broly46 on March 06, 2020, 10:09:03 AM

You want to quit your job and take care of your valuable life to do what you want to do in life, then you should start investing and start generating your passive income ...

You are proclaiming it as if it is a magic solution to financial freedom. Of course, it can be a part of the solution but in reality, the success rate in becoming successful in investing is just 20%. Most investors lose their money and there is a myriad of reasons that can happen. Even if you study investing, there is still a chance you can lose money because market is very unpredictable.

But, I do not discourage anyone from investing. They should do it but be wise about it. Like everyone else says, invest only the amount you can afford to lose. If you lose, you will not mind so much. But if you get lucky, it is a great addition to your source of income.

Broly46

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Quote from: Findingnemo on March 07, 2020, 07:37:27 AM

But most people didn't invest on the right things so they mess up things and get rekt at the end.

A smart investor means to increase your assets, not the liabilities.

Don't wait to be an investor until you quit your job, just start investing while you are working itself so we can increase more cash inflow.

I can tell many people invest into trading bitcoin, they trade bitcoin everyday, that’s a very bad habit, they’re losing on trading fee and the exchange take a big cut from their earning, I think they didn’t learn how to investing.

Broly46

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Quote from: Sadlife on March 07, 2020, 07:25:58 AM

I agree i know a lot of people who work hard all their lives sacrificing sleep, family and health just to earn that small wage that's after a few days is gone. Because of the increasing prices of services, food and daily necessities. So instead of burning all your money away with these things, take a portion of it and start investing.
But investing money blindly we'll only get you rekt, you must pick a good viable profitable project or coin also.

Many people don’t feel a pinch working their entire life for paycheck, that’s why they don’t learn investing, we have all sort of people blaming, marching on the street, shaming each other on the net, because they didn’t invest their money and they’re getting too old to start all over, so remember to investing asap.

Broly46

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Quote from: xSkylarx on March 07, 2020, 07:07:46 AM

We can't rely everything on investing because we have daily necessities to sustain. While we are young, we should still try to find ways to earn and investing could only be our supporting source of income. Working so we'll have a good amount of capital for investing is the best preparation that we can do for a sustainable future.

I think you can save a lot of money working overtime everyday, and after a few years down on working for a paycheck, you must have a lot of capital for investment. By then you can get a lot of bitcoin with your paycheck.

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Quote from: fiulpro on March 07, 2020, 06:21:00 AM

For some people jobs are so important , it's a part of their life their well-being. Therefore for some people I do think they want to work till they are old .. investing is a tricky thing , if you invest in something which you haven't studied much about you are bound to loose a high amount of money.

Retirement plan is really really important and I do think you should go towards a safer option like banks , saving up everyday would do the trick.

Investing in something like property would be a good thing for sure ..

Property is expensive and you would need to take loan from the bank, I think the bank would relunctance to giving out home loan under such climate, unless you can secure the home loan, or you aren’t allowed into this premium club for the elite.

Findingnemo

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But most people didn't invest on the right things so they mess up things and get rekt at the end.

A smart investor means to increase your assets, not the liabilities.

Don't wait to be an investor until you quit your job, just start investing while you are working itself so we can increase more cash inflow.

Sadlife

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I agree i know a lot of people who work hard all their lives sacrificing sleep, family and health just to earn that small wage that's after a few days is gone. Because of the increasing prices of services, food and daily necessities. So instead of burning all your money away with these things, take a portion of it and start investing.
But investing money blindly we'll only get you rekt, you must pick a good viable profitable project or coin also.

xSkylarx

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We can't rely everything on investing because we have daily necessities to sustain. While we are young, we should still try to find ways to earn and investing could only be our supporting source of income. Working so we'll have a good amount of capital for investing is the best preparation that we can do for a sustainable future.

fiulpro

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For some people jobs are so important , it's a part of their life their well-being. Therefore for some people I do think they want to work till they are old .. investing is a tricky thing , if you invest in something which you haven't studied much about you are bound to loose a high amount of money.

Retirement plan is really really important and I do think you should go towards a safer option like banks , saving up everyday would do the trick.

Investing in something like property would be a good thing for sure ..

Broly46

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Quote from: BuNga_cute on March 07, 2020, 05:39:26 AM

I strongly agree we should not delay investing in cryptocurrency, don't we spend our lives just for work. Because a happy life can run our
hobbies all the time, without being interrupted by work schedules. We must be able to enjoy life in this world happily. That can be realized
if we can already have financial freedom, it can be obtained from investment in cryptocurrency. It is true that investing is not as easy as one
might imagine, but if we don't invest right away. We are among those who throwing away opportunities, because investments can produce
huge profits. And can be a guarantee of our retire life.

Having a job is dictating you to living a life of dream, it’s hilarious but job is for the dirty peasant and investment is for the master race.

Broly46

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Quote from: ethereumhunter on March 07, 2020, 04:50:28 AM

I think people who already invest in cryptocurrency made the right choice because they can see the opportunity comes to them, especially for people who can have much bitcoin since a long time ago. I believe those people already make a lot of money from their bitcoin. That makes them don't have to do anything.

But sometimes, we think twice to invest, not just in crypto but also in the other investment type. We think that how if we cannot make a profit from the investment, and what if we lose from the investment. That is why many people still doubt to invest some of their money in any investment type because they are worried if they cannot make a profit. But if we want to make additional money from the investment, we need to search what kind of investment that can help us to make money so the investment will work for us and we can make money.

I got to know a lot of people in the virtual world who have bitcoin stash, but nobody in real life have bitcoin, yep, they’re the real investors.

Broly46

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Quote from: bitbunnny on March 07, 2020, 03:26:55 AM

It's not so easy as it sounds.
Investing and trading are very risky and there is no guarantee you will make enough profit so that you can quit your job or earn for your retirement. That is an illusion.
Besides to be able to quit your job you need to profit really big from investing and that also means you need to invest a lot with minimum losses. That is a theory that in practice isn't functioning so idealy. You definetely need your steady regular job as a back up.

Investment return is always parabolic, you will always get far lower than your expectation in the early phases, when it take off it reward you handsomely.

Broly46

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Quote from: michellee on March 07, 2020, 12:21:31 AM

I like the idea to start investing and start generating passive income. However, it is difficult to start. I mean at least, we need to have money to start to buy something that we can invest. Fortunately, we are trying in the crypto world which can give us the opportunity to buy any coins we want and hold it for some time. Maybe we can save some amount of money in every month, so we can use it to buy the coin in the market so if we can buy bitcoin and use bitcoin as the investment, maybe that can work for us. But that will need the patience to wait for bitcoin price reach the very highest price because right now, bitcoin still at a low price.

You need capital to hunt for new job too, we spend money everyday I think we have the seed money without noticing it.

Broly46

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Quote from: ultrloa on March 07, 2020, 12:11:06 AM

Quote from: lienfaye on March 06, 2020, 11:21:38 PM

Who dont want to overcome poverty. I think all of us want to have a good life and be financially stable. We cant get rich if we stay employee forever and we cant enjoy our salary because we are too busy working then rest when day off. So we need to do something to improve our status in life and enjoy it. On the other side investing has risk and cant guarantee a sure profit but if you made a good decision on where to invest you can succeed. We just need a right plan, knowledge and capital.

No guarantee to the sense that we are not actually sure if we are good unto the platforms that existing here since most of the offers are to good to be true but if we can pick up some ideas to create a business maybe on by that we can be successful and have financial freedom.

And I don't actually believe on online investment since its for short term only and I cannot replaced that on my stable job for now.

Guarantee didn’t existed in genuine investment, you’re likely to get bitconnected which generate guarantee 1% return on daily basic.

BuNga_cute

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I strongly agree we should not delay investing in cryptocurrency, don't we spend our lives just for work. Because a happy life can run our
hobbies all the time, without being interrupted by work schedules. We must be able to enjoy life in this world happily. That can be realized
if we can already have financial freedom, it can be obtained from investment in cryptocurrency. It is true that investing is not as easy as one
might imagine, but if we don't invest right away. We are among those who throwing away opportunities, because investments can produce
huge profits. And can be a guarantee of our retire life.

ethereumhunter

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I think people who already invest in cryptocurrency made the right choice because they can see the opportunity comes to them, especially for people who can have much bitcoin since a long time ago. I believe those people already make a lot of money from their bitcoin. That makes them don't have to do anything.

But sometimes, we think twice to invest, not just in crypto but also in the other investment type. We think that how if we cannot make a profit from the investment, and what if we lose from the investment. That is why many people still doubt to invest some of their money in any investment type because they are worried if they cannot make a profit. But if we want to make additional money from the investment, we need to search what kind of investment that can help us to make money so the investment will work for us and we can make money.

ultrloa

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Quote from: bitbunnny on March 07, 2020, 03:26:55 AM

It's not so easy as it sounds.
Investing and trading are very risky and there is no guarantee you will make enough profit so that you can quit your job or earn for your retirement. That is an illusion.
Besides to be able to quit your job you need to profit really big from investing and that also means you need to invest a lot with minimum losses. That is a theory that in practice isn't functioning so idealy. You definetely need your steady regular job as a back up.

Right so there's no point on living our jobs for these unsure things and what if all flip down together with massive break down on the market what will happen to us if we quit our job? for sure we are at risk to lose everything so maybe its really better to make those option as side job and if you earn bigger amount which is enough to build a business then go for it quit your job do a business and trade.

bitbunnny

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It's not so easy as it sounds.
Investing and trading are very risky and there is no guarantee you will make enough profit so that you can quit your job or earn for your retirement. That is an illusion.
Besides to be able to quit your job you need to profit really big from investing and that also means you need to invest a lot with minimum losses. That is a theory that in practice isn't functioning so idealy. You definetely need your steady regular job as a back up.

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Quote from: wx016 on March 06, 2020, 05:50:49 PM

In order to invest you need certain preparation an education on what to invest and how to invest, you can not start investing just like that.

You don't need to be an advance trader/investor before going in, that's why op is pushing us to get started as early as we can so as years go by we will learn more about investing. As long as you know the basics, the dos and don't I think you are good to go because that is where I started.

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