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Topic: Start investing so you can quit your job and retire early. - page 6. (Read 1251 times)

full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
If investing was as easy as you described, no one would work. Passive income is possible for skilled and well-educated persons only. And don't forget about an initial capital for investment.
Investing is really hard, if you are not that rich and your family is not financially stable. Passive income for small investment is nothing compare to your monthly bills and needs. If you want that your investment income will cover your monthly needs then, you need a big investment capital to do that. What you need really is business so you can quit your job and make an early retirement. Investment is the second thing you need if you establish a business. It's hard, but if it works then, you will be financially free for the rest of your life.

Investing is no doubt not easy, but for the billionaires, investing is the easy part, they’re facing even tough life after becoming billionaires, their life of being billionaires are being dictate everyday from the corrupted politicians who constantly want to get their hand on those money they well deserve it, the life of a billionaires is no longer about making more money, but to educate the entire nations to open their eye widely and see the clear pictures to what’s the reason we are all poor and our country are in chaos, that’s the true challenge to the billionaires, they need to change the people mindset, that’s far more difficult than investing, I always have respect to the billionaires who can change the world to the better, they’re truly deserve it, I respect Bill Gate and Steve Jobs for creating the personal computer operating system, without their contribution, we will be still living in the feudalism medieval age that we kill each other and not knowing the truth who benefit by profiteering from wars, who sell weapons of mass destructions to whom, and who is being ordered to kill and be killed, for the name of saving the country and also enrich the pocket of the few elite families who fund the world wars, blood is money in their eye.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
When I read something like "quit your job/passive income" my lamp for scam is turned on.
How can someone recommend you to do something like that. Thats the good story, Mark Z, Elon Musk and other people, but they are 10 in 7 billion.

That’s correct the elements of scams is in itself, that’s also the beauty of investment because it will dictate the scammers but only blessing the one who’s truly well deserve it deep in their heart, do you recognise any publicly listed billionaires on their achievement and compare to those ill-gotten wealth trilllionaire politicians who refuse to have their names being mentioned on Forbes richest list? The few openly known billionaires are typically American nations or Chinese nations, we wouldn’t got to see Mugabee who hoard the entire nation wealth name to be listed on Forbes, there is too many money got into the hand of the corrupted people, the people who control 99% of the wealth are those politicians, Elon Musk could be just the nobody in their eye even though his contribution to the society is immeasurable, I think satoshi even stand no chance to beat their ill-gotten wealth.
jr. member
Activity: 49
Merit: 2
When I read something like "quit your job/passive income" my lamp for scam is turned on.
How can someone recommend you to do something like that. Thats the good story, Mark Z, Elon Musk and other people, but they are 10 in 7 billion.
full member
Activity: 770
Merit: 104
🎄 Allah is The Best Planner 🥀
You are right it is not easy to invest but it requires sufficient capital And if you don't need to know about investing before you lose your money invested And the investment will depend entirely on the market. It is very difficult to determine what will be profitable and what is a loss That is why you can learn to invest in the job by observing and analyzing different places rather than retiring Investment is never possible without capital.
legendary
Activity: 2422
Merit: 1232
Leading Crypto Sports Betting & Casino Platform
If investing was as easy as you described, no one would work. Passive income is possible for skilled and well-educated persons only. And don't forget about an initial capital for investment.
Investing is really hard, if you are not that rich and your family is not financially stable. Passive income for small investment is nothing compare to your monthly bills and needs. If you want that your investment income will cover your monthly needs then, you need a big investment capital to do that. What you need really is business so you can quit your job and make an early retirement. Investment is the second thing you need if you establish a business. It's hard, but if it works then, you will be financially free for the rest of your life.
sr. member
Activity: 1596
Merit: 335
...then you should start investing and start generating your passive income that can give you stream of cash flow every months without working,..

Easier been said than done.

People already know this and some are already working on it. However, it's not that simple and people can just start right away as we are living in different life standards. And even some already owned an investment, working will not stop there. They still have to manage it along the way.

Investment is not a joke and to start it just to hope for a literal passive income isn't a good idea for me. People should invest to have a stable and regular source of income and not to rely on passive ones. Of course, it needs works but it's happy to work on something that we owned that generates a regular and good revenue. The effort and time spent is worth it.

You are right, easier said than done. Also, passive income most of the time ended up not really passive as along the way, it stops for no reason. I don't believe in passive income as there are so many factors that will contribute to sustain its lifespan. And if one factor is not working, the chain would be derailed and goodbye to passive income that you are waiting for. And in terms of investment, not all people are lucky with this area. It takes a lot of experience and skill to get positive results from this.
You can’t quit your job, you can’t work for your entire life, you need to invest eventually, it’s now or never.

Investing still needs good capital and in order to have a passive income and that's one of the reasons why we have to strive to work while we're still young. We can't invest now and quite our job instantly because there are still things that we have to consider. Using our savings as an investment is another strategy for us to have a good start but we're always advised to invest what we could afford to lose. Enough knowledge and time to pursue passive income is also necessary because investment alone wouldn't work on its own without effort.
jr. member
Activity: 34
Merit: 2
If investing was as easy as you described, no one would work. Passive income is possible for skilled and well-educated persons only. And don't forget about an initial capital for investment.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Start investing right now to get much profit and bring opportunity when bitcoin keep going down, but when bitcoin have going up you will know how much profit earn from bitcoin and altcoin, you will able buy with lower price.
Investing in bitcoin or in cryptocurrency, in general, is just another way that you can diversify your investment for retirement. But if you will actually get your retirement out of a certain investment, you really have to think of it wisely.
Your spending habits will be your one factor if you think it's suitable for you to lean on that investment that you're planting today and if it can sustain your lifestyle in the future.

Take a mirror and reflect yourself, you work for someone else everyday and torture your body to work despite your body getting sick from all the workload, but you keep pushing yourself to the point that your body finally collapses and Corona virus can easily  get into you body and destroy it, you have only a pair of arm and leg, it’s the god given gifts to you, but you decide to destroy this most valuable gifts for a paycheck that you don’t even know why you’re working endlessly and knowing you wouldn’t have pension to take care of you when you get old, I look at my arm and leg, I tell myself, I will use this god given gifts to travel the world and enjoy the life but not for the paycheck nor to sacrifice myself to this endless debt cycle, or follow the school system that taught us to be useful to the society and sjw teaching that every men should be bread winner that make money until they die.
I'm reflecting on it and I'm aware of employment, full-time, part-time, contractual and side gigs. I know that we shouldn't be working forever and that's why we're all planning our retirement. But for starters and young professionals, they have to get employment at first so that they will understand the industry or how it feels to be. It doesn't matter whether they'll be employed for a week, a two or a month. They have to realize and understand how it feels to be working forever without a plan getting out of the rat race.

Damn just after working for few years my feet start to failed me, my right foot are feeling sore crazy, I think I’m going to be disabled soon if I keep going on, I can’t inagine the people who can work so decade or even to their retirement (if they have any retirement in mind LOL), that’s crazy I haven’t even understand how this world work and I’m forced to work for this endless debt cycle, just still a kid who are clueless to this world, child labour are going rampant not diminishing, many people work and get killed on accident, you may feel lucky that you only loss your arm in accident, isn’t it what they sjw tell you? And they will tell you to get back to work and stfu unless you’re dead so don’t protest.
legendary
Activity: 3668
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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.

that's why he says start investing as early as possible, or you can take classes on economics or whatever it is that helps you to determine which investments are good.
so if you make a mistake you can fix it as soon as possible.

Without a doubt here in Australia a persons Superannuation is a safety net to fall back on, but it shouldn't be the only form of self-funded retirement scheme that you should rely on.

Superannuation is a form of "set and forget" investment - a fixed amount comes out of your wages each pay day and is invested for you.  Similarly, if you can automate the purchase and deposit of bitcoin into a paper wallet through services such as https://www.getpaidinbitcoin.com.au/ where you can deposit fiat and crypto is sent to one or more bitcoin wallet addresses.  Whenever you convert say $100 into BTC, set it up to deposit $10 into a paper wallet.  You won't notice it the small amount discrepancy and if the paper wallet is in a safe location, then you won't be tempted to take it out later on.  (Essentially you set and forget)
sr. member
Activity: 1526
Merit: 251
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.


that's why he says start investing as early as possible, or you can take classes on economics or whatever it is that helps you to determine which investments are good.
so if you make a mistake you can fix it as soon as possible.
hero member
Activity: 2366
Merit: 605
Anyone who wants to be investing should know what kind of investment they should go into, and doing that means that you should know the level of risk you can tolerate and how much you can afford to risk in investment. If you’re the type that likes to take huge risks and you have a lot of money, then Bitcoin is a good choice to go with and there is a good chance that you can make huge profit from a long term investment, if you can put away a certain amount of money for that long.

It is not a must that everyone will invest in Bitcoin, there are also other investments like gold, bonds, farms and the rest of them. Do proper research and you decide for yourself what’s best.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Start investing right now to get much profit and bring opportunity when bitcoin keep going down, but when bitcoin have going up you will know how much profit earn from bitcoin and altcoin, you will able buy with lower price.
Investing in bitcoin or in cryptocurrency, in general, is just another way that you can diversify your investment for retirement. But if you will actually get your retirement out of a certain investment, you really have to think of it wisely.
Your spending habits will be your one factor if you think it's suitable for you to lean on that investment that you're planting today and if it can sustain your lifestyle in the future.

Take a mirror and reflect yourself, you work for someone else everyday and torture your body to work despite your body getting sick from all the workload, but you keep pushing yourself to the point that your body finally collapses and Corona virus can easily  get into you body and destroy it, you have only a pair of arm and leg, it’s the god given gifts to you, but you decide to destroy this most valuable gifts for a paycheck that you don’t even know why you’re working endlessly and knowing you wouldn’t have pension to take care of you when you get old, I look at my arm and leg, I tell myself, I will use this god given gifts to travel the world and enjoy the life but not for the paycheck nor to sacrifice myself to this endless debt cycle, or follow the school system that taught us to be useful to the society and sjw teaching that every men should be bread winner that make money until they die.
I'm reflecting on it and I'm aware of employment, full-time, part-time, contractual and side gigs. I know that we shouldn't be working forever and that's why we're all planning our retirement. But for starters and young professionals, they have to get employment at first so that they will understand the industry or how it feels to be. It doesn't matter whether they'll be employed for a week, a two or a month. They have to realize and understand how it feels to be working forever without a plan getting out of the rat race.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Start investing right now to get much profit and bring opportunity when bitcoin keep going down, but when bitcoin have going up you will know how much profit earn from bitcoin and altcoin, you will able buy with lower price.
Investing in bitcoin or in cryptocurrency, in general, is just another way that you can diversify your investment for retirement. But if you will actually get your retirement out of a certain investment, you really have to think of it wisely.
Your spending habits will be your one factor if you think it's suitable for you to lean on that investment that you're planting today and if it can sustain your lifestyle in the future.

Take a mirror and reflect yourself, you work for someone else everyday and torture your body to work despite your body getting sick from all the workload, but you keep pushing yourself to the point that your body finally collapses and Corona virus can easily  get into you body and destroy it, you have only a pair of arm and leg, it’s the god given gifts to you, but you decide to destroy this most valuable gifts for a paycheck that you don’t even know why you’re working endlessly and knowing you wouldn’t have pension to take care of you when you get old, I look at my arm and leg, I tell myself, I will use this god given gifts to travel the world and enjoy the life but not for the paycheck nor to sacrifice myself to this endless debt cycle, or follow the school system that taught us to be useful to the society and sjw teaching that every men should be bread winner that make money until they die.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Start investing right now to get much profit and bring opportunity when bitcoin keep going down, but when bitcoin have going up you will know how much profit earn from bitcoin and altcoin, you will able buy with lower price.
Investing in bitcoin or in cryptocurrency, in general, is just another way that you can diversify your investment for retirement. But if you will actually get your retirement out of a certain investment, you really have to think of it wisely.
Your spending habits will be your one factor if you think it's suitable for you to lean on that investment that you're planting today and if it can sustain your lifestyle in the future.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Keep think once more time when you want quit from your job and keep focus with investing and trading in cryptocurrency after seeing how bitcoin or altcoin drop drastic today, keep brave for quit from your job and continue for investing in crypto or not.

This isnt advisable. Having a day job is a normal life, and doing trading and crypto works isnt sustainable. Maybe if you have a regular income or commissioned to do with a huge rate but even though, you cant ripped any benefits while residing on a private company.

Maybe you can save money for mining and earned passively but with the current state of btc price it will not bring you more ROI, maybe just put some out of your salary and hold for long term.

A lot of things have fundamentally changed indefinitely when the foreign exchanges rate get wrecked during 1997 financial crashes, big business with heavy financial intelligent move to third world country because they can live lavishly with the USD they generated from passive income. With bitcoin come to disrupt the entire foreign exchange once again, big business are not need anymore, everybody can live lavishly from passive income generated from bitcoin mining.
hero member
Activity: 1302
Merit: 503
Very true we should not delay investment, because investment can make you get passive income. Although realize it is not as easy as
we imagine, at least we start first. If our investment goes smoothly for approximately 5 years then we can make a decision to get out
of our work in the real world.And focus on investing in crypto, and being able to enjoy the life we've been dreaming of. That all can be
realized if our intention is strong to invest from now up to 5-10 next year.
- Indeed, investing can be a series of days that are not easy and very stressful for us but we still invest as soon as possible because investment is the beginning of opportunities, it helps us to have a mutant source of income, and when this mutant income stream keeps up well over time, we can spend more time on it, then thinking about an early retirement plan is possible. A good point in starting your investment early is that we will be able to correct the mistakes, can combat the losses, what youth has the most is time
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Very true we should not delay investment, because investment can make you get passive income. Although realize it is not as easy as
we imagine, at least we start first. If our investment goes smoothly for approximately 5 years then we can make a decision to get out
of our work in the real world.And focus on investing in crypto, and being able to enjoy the life we've been dreaming of. That all can be
realized if our intention is strong to invest from now up to 5-10 next year.
while we are still young, it seems we have to be good at managing finances so that our old age is guaranteed. some of our income from real work, should be invested in several fields of investment in accordance with our beliefs. so that the next 10 years we can realize dreams, which are sometimes difficult to achieve from real work, but we must have good knowledge to choose the investment field

Convert 10% of your active paycheck to passive income, that is $ 5000 to $500, and move to Manila and quit you $5000 paycheck job and living off with $500 in Manila. That is not living below your means, that is called financially smart, because with $500 in Manila you don’t have to live below your means, you can have all the fine dining everyday in Manila and still leave you with change with that $500 passive income.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Investing doesn’t hive guaranteed profit but if you do it early as possible then you have the chance to retire early because of your investment. If you want to succeed then keep working and working, don’t quit too early and think for a good business that can run your whole family. This is not easy but its possible to happen, so keep going.

Yeah you are absolutely right you can't guarantee that your investment will keep you at the high situation, you also need to get a job work hard for it or you can also do business on your own aside from that you can also invest on the other company to promote your own company

The point is you doing business to generate passive income, what if you can exclude the business and directly generate passive income? That’s crazy thought to bypass everything difficult and straight to the sweet spot. Bitcoin give you the opportunity to bypass business and generate passive income, bitcoin mining give you the opportunity to convert your income into bitcoin miner to generate passive income.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Start investing right now to get much profit and bring opportunity when bitcoin keep going down, but when bitcoin have going up you will know how much profit earn from bitcoin and altcoin, you will able buy with lower price.

Passive income used to be very difficult to come by, you can’t get a lot of option to generate passive income in the past, but with crypto currency, you can convert your entire active income to passive income with just a click of a button, what a blast and seamless experience.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
Very true we should not delay investment, because investment can make you get passive income. Although realize it is not as easy as
we imagine, at least we start first. If our investment goes smoothly for approximately 5 years then we can make a decision to get out
of our work in the real world.And focus on investing in crypto, and being able to enjoy the life we've been dreaming of. That all can be
realized if our intention is strong to invest from now up to 5-10 next year.

If converting 1/10 into passive income is too much for you, try 1/100, try covert $50 active income into bitcoin mining and you would see a world of difference. I think nobody would get mad at 1/100 income spend on investing into bitcoin mining.
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