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Author Topic: Is it still possible to retire early?  (Read 1495 times)
milewilda
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June 24, 2024, 07:49:24 PM
 #181

Very possible.
If my investment in crypto will earn me $1M then I'd be set for that and I'll live within my means and if possible, below my means.
I'd reinvest that into something that I know more or if not, I'd do just the same routine while doing not so heavy with my business.
a man can hope, but personally and realistically speaking $1M gonna be tough for someone that starts out with just few grands at most doing investment in crypto like the average joe.
unless its meme coin but only very few people making it big from meme coin anyway, the truth is, most of crypto already high valued the potential to rise even higher become lower going opposite to the capital growth.
In the past, there have been the same story and thought that it's not gonna happen but it did.
I think there will be some extraordinary stories as well that the same thing can happen, either with BTC, some meme coins or any alt that will have tremendously gains
Of course, everything can still happen, but there is no certainty when it will happen, but one thing you need to remember, it will happen, no one knows how to make a profit from BTC, but if we learn how it goes up and down, we will get a little easier that is, read the increase, then from there continue to learn about it and enjoy the benefits.
Investment in crypto could really make you retire on the moment that it would really be pumping out to the moon but to consider out that everything would really be still that depending on how much you have spent or on how much that you had invested because it would really be just that delusional if you do make yourself that being expecting on getting rich or retiring on your crypto portfolio with just having a few hundreds or thousands
that you have invested? Even if you do stick up with Bitcoin then it would really be just that hard to believe that you would really be able to reach out such state. This is why it would really be that something important that you should really be thinking about on the moment that you would really be seeing yourself to go with the path on which at least you are already dealing on something on which could possibly happen.

If you do have plans on retiring on early on which you wont really be tending to work those day job or 8-5 job forever then you would really be finding up ways and methods on which
you could really be able to make yourself that retire early but of course it wont really be that easy.

ndutndut
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June 24, 2024, 08:08:15 PM
 #182

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.
If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.

Everyone has the dream of retiring early, especially as they get older and have less energy, but to make it happen we need to prepare from a young age. Working hard, having commitment and being consistent, early retirement will be easy for us to achieve.

Natalim
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June 24, 2024, 09:59:14 PM
 #183

Is it still possible to retire early? If the question simply like this the answer could be simply as saying YES hahha.

But seriously you can retire early in my opinion and this is my idea, disclaimer on I want retire early but I don't have money at the moment hahahha. So need a ton of money this is real first you can invest into dividend stock and government bonds as long as the APY is above the inflation rate. So if you have inflation rate that sit around 4% a year you can search any stock or bond or other investment that gives you return 8% or above 5%.

and from there it gonna possible to retire early
You can always pursue retiring early and no one will hold you for that. But in order to make your early retirement worthy, you have to prepare early for it as well. And by learning to save and invest early, that will be a great advantage for you to see your profits and enjoy them at a young Investment is a trial and error method, that's why you have to make most of your time to master and perfect your investment, or close to perfection, so that when times that you're no longer active in any investment, you will still live a good and comfortable life through the life-changing profits you've made while you are at your young age.

Smartvirus
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June 24, 2024, 10:44:45 PM
 #184

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.
If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.
There are some jobs you do that the retirement plan isn’t entirely up to you, especially when you’re in the civil services. Your retirement follows some design by the government and when that time comes, you don’t get to object. At other times, your boss points you to that retirement plan.
All that doesn’t matter though when you are your own boss, when you run your business as it so pleases you. Retirement though isn’t something you should kick in too early, it doesn’t matter just how much you’ve accumulated in asset and cash. You need to keep going until you can go no more. So long as you’ve still get energy to keep going and accumulating, you shouldn’t retire.



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OrangeII
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Today at 01:59:10 AM
 #185

Most people are afraid to retire early because they think about the future.They are worried about their future.Because without enough savings, early retirement can be life-threatening.
If you still have fear when thinking about the future, of course retiring early is not a good thing, because people who want to retire early already have financial freedom for the future. Therefore, to achieve financial freedom from now on you have to work hard to earn income without investing. Because by investing, someone can retire early because they already have an income, the investment is not only in Bitcoin, but in property and gold.

Everyone has the dream of retiring early, especially as they get older and have less energy, but to make it happen we need to prepare from a young age. Working hard, having commitment and being consistent, early retirement will be easy for us to achieve.
Well, at a young age, it's better to keep working, even as an influencer or freelancer. This will make us more active, even during holidays. Many people decide to become vloggers traveling around while on holiday. I think it's fun, they vacation while creating content and making money. Apart from that, early retirement also has many considerations. In fact, you need someone you can trust to help you take care of the businesses you have built.


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