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Author Topic: Financial freedom, is it possible in 1-2 years?  (Read 510 times)
Radius111 (OP)
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January 27, 2018, 04:35:52 PM
Last edit: February 01, 2018, 02:20:33 PM by Radius111
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 #1

Hello there,

I hear soo many stories, read soo many stories of fellow crypto-traders that this is The time to invest in crypto's.
These stories are also about making lots of money in about 1-2 years.

With would be the minimum start capital in your opinion?
Also like to know if you think it is possible to work yourself to financial-freedom in 1-2 (maybe three) years.

This also made me think:
'Why are some people enormous succesfull in the trading game while other are not?

I think you have to think like a (financial) successful l business person to make succes in the trading world and word yourself to financial freedom.
Keywords/phrases/ideas I think of now that I think a successful trader should be/have:

* Courage (trying different things out of your comfort zone)

* Dedication (be busy with crypto's daily)

* Your personal 'whitepaper':  Very nice and interesting to  have an insight in the Whitepapers of all companies in ICO stage, but I think a personal whitepaper is also very import. Things like: -  'how much profits a day am I going for?"  - 'where do I want to be in three months? -

* Don't be too greedy: Be okay, with 2%, 3%, 4% profits. It may seem little but if you have 2% profit 30 out of 40 times your estimated value will grow significantly. Have you ever put real coins in a jar for about 3 months? Than you know what I mean.

* Be patient:  I noticed myself, sometimes I want that $ number too much, and this 'wanting', the greed can make you lose your profits.

* Make agreement with yourself, stick to the plan.

* Last but not least, Keep up to date with the news and study, study, study.

* Ask yourself: Is this a hobby or a job-to-be. It is't the latter, it takes a lot of time and dedication.

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

What do you think?

------
Update 01-02-2018
78 people responded to this topic.
50 of them think it is possible
4 of them don't think it is possible
11 of them think the amount of $ 200 is too small to start with
13 people did not say 'yes' or 'no' to the possibility.

Keep coming with more opinions please and I will update the results!
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January 27, 2018, 04:39:56 PM
 #2

i think with 200$ you can't do so much money to have financial freedom... if you are lucky you can do an average gain of 1000% in a year and so you 200$ will become 2000....

I think a good starting point to invest in order to make serious gain is 10.000 $.....
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January 27, 2018, 04:43:40 PM
 #3

Actually here in the Crypto Currency world. Nothing is impossible! Especially if you are good at strategy wise and the most important is patience. At that time you can now have financial freedom even if you do not have to work 8-10 hours just to fix the wage! Because here's Bitcoin and Crypto Currency. You just widen your mind and definitely know what I'm saying.

Good luck to you mate!
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January 27, 2018, 04:44:39 PM
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You need a good strategy and luck and some money at the start. It is possible.
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January 27, 2018, 04:50:04 PM
 #5

For me there is nothing too hard to achieve as long as you do your best and try  and try to make everything in control under your own govern by self effort and hard work. If you are skilled and very talented person 1-2 years is very possible to achieve financial freedom.
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January 27, 2018, 05:07:58 PM
 #6

Hello there,

I hear soo many stories, read soo many stories of fellow crypto-traders that this is The time to invest in crypto's.
These stories are also about making lots of money in about 1-2 years.

With would be the minimum start capital in your opinion?
Also like to know if you think it is possible to work yourself to financial-freedom in 1-2 (maybe three) years.

This also made me think:
'Why are some people enormous succesfull in the trading game while other are not?

* Ask yourself: Is this a hobby or a job-to-be. It is't the latter, it takes a lot of time and dedication.

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

What do you think?

Bitcoin's story was just written on a whitepaper years ago until it became what it is now. It took so many years to gain it's popularity despite all of the bashing and banning here and there, it succeeded.

In trading, if someone wins, it's 100 percent there will be a loser at the other side. Unless you wait for your turn to win and again another new loser will have your position in the latter., and this cycle never end's. Only most of us will lose when everything crashes in a glimpse of an eye and the one who will win is the one who got the most of out of it in just few clicks, everything goes back to zero.


What do you mean by solid plan? Did you mean by any chance you will engage in trading? Or are you gonna buy a coin and keep for a year or two then sell? 200 bucks is not that good for a great start. Well if you are not afraid of losing that and have the guts to put in a 1 in million chance, mate I have seen people became rich in cryptoworld with just few hundred bucks, if luck is beside you, no matter what you will be millionaire in no time.
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January 27, 2018, 05:08:55 PM
 #7

Hello there,

I hear soo many stories, read soo many stories of fellow crypto-traders that this is The time to invest in crypto's.
These stories are also about making lots of money in about 1-2 years.

With would be the minimum start capital in your opinion?
Also like to know if you think it is possible to work yourself to financial-freedom in 1-2 (maybe three) years.

This also made me think:
'Why are some people enormous succesfull in the trading game while other are not?

I think you have to think like a (financial) successful l business person to make succes in the trading world and word yourself to financial freedom.
Keywords/phrases/ideas I think of now that I think a successful trader should be/have:

* Courage (trying different things out of your comfort zone)

* Dedication (be busy with crypto's daily)

* Your personal 'whitepaper':  Very nice and interesting to  have an insight in the Whitepapers of all companies in ICO stage, but I think a personal whitepaper is also very import. Things like: -  'how much profits a day am I going for?"  - 'where do I want to be in three months? -

* Don't be too greedy: Be okay, with 2%, 3%, 4% profits. It may seem little but if you have 2% profit 30 out of 40 times your estimated value will grow significantly. Have you ever put real coins in a jar for about 3 months? Than you know what I mean.

* Be patient:  I noticed myself, sometimes I want that $ number too much, and this 'wanting', the greed can make you lose your profits.

* Make agreement with yourself, stick to the plan.

* Last but not least, Keep up to date with the news and study, study, study.

* Ask yourself: Is this a hobby or a job-to-be. It is't the latter, it takes a lot of time and dedication.

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

What do you think?
I think that having financial freedom is very possible, just think about how much money you want to make.

 
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January 27, 2018, 05:20:14 PM
 #8

Hello there,

I hear soo many stories, read soo many stories of fellow crypto-traders that this is The time to invest in crypto's.
These stories are also about making lots of money in about 1-2 years.

With would be the minimum start capital in your opinion?
Also like to know if you think it is possible to work yourself to financial-freedom in 1-2 (maybe three) years.

This also made me think:
'Why are some people enormous succesfull in the trading game while other are not?

I think you have to think like a (financial) successful l business person to make succes in the trading world and word yourself to financial freedom.
Keywords/phrases/ideas I think of now that I think a successful trader should be/have:

* Courage (trying different things out of your comfort zone)

* Dedication (be busy with crypto's daily)

* Your personal 'whitepaper':  Very nice and interesting to  have an insight in the Whitepapers of all companies in ICO stage, but I think a personal whitepaper is also very import. Things like: -  'how much profits a day am I going for?"  - 'where do I want to be in three months? -

* Don't be too greedy: Be okay, with 2%, 3%, 4% profits. It may seem little but if you have 2% profit 30 out of 40 times your estimated value will grow significantly. Have you ever put real coins in a jar for about 3 months? Than you know what I mean.

* Be patient:  I noticed myself, sometimes I want that $ number too much, and this 'wanting', the greed can make you lose your profits.

* Make agreement with yourself, stick to the plan.

* Last but not least, Keep up to date with the news and study, study, study.

* Ask yourself: Is this a hobby or a job-to-be. It is't the latter, it takes a lot of time and dedication.

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

What do you think?

Good plan. But how many of us have the emotional discipline to carry out this plan?

Most throw the plan away once they see gains or losses on their position.

Trading is not an easy activity. We must first understand our own aptitude and learn whether we can handle trading

on a consistent basis. Most can't and investing is often an easier option for most.

Research in depth on what you want to invest in and then have a focus portolio..meaning a portfolio if you are having

a small amount for your investment, just buy a handful of crypto and not 10 different coins or more.

A focused portfolio will give u the best chances of becoming a millionaire.

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January 27, 2018, 05:28:44 PM
 #9

I would completely agree with but i would also like to add more to it :

Firstly don't trade if you don't know how to or can no longer understand the market. What i mean by this is i used to trade last year but because of the sudden increase and major fluctuations i decided to quit trading daily instead i started purchasing coin and holding it , till now I'm able to triple my portfolio with this method.

Another important thing to do is stop trusting exchanges amd having control over your funds , the reason is because of the numerous exchanges getting hacked like the recent xem hack. Get a ledger or a trezor , if not buy a separate laptop , download only wallets in it , store your funds and keep it turned off unless required.
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January 28, 2018, 06:37:47 PM
 #10

I will disagree with the guys who mentioned 10 000 K and more as the best sum for initial investments. $200 is a very good start for a newbie. In several months he will invest more — after he gets enough experience and understands the market rules. However, financial freedom can be got in 3-5 years only. IMHO.
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January 29, 2018, 09:05:34 AM
 #11

It's worth trying, but be prepared for some loses too.
Trading isn't easy, books can help but you are going to learn by try and error. You'll read many success stories in this Forum, people are gaining money in trading alts and in ICO's. How many of the losers are telling their stories to us? Few of them.
Besides, I don't believe that day traders have time to visit and write to this Forum.
Remember, every time someone wins, there is a loser.
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January 29, 2018, 09:16:02 AM
 #12

Nothing is impossible in the world of crypto to make our finances unlimited, which needs to be looked at is good financial management. However, if the bad management of all money will run out. 200 $ is too small to start let alone in trading
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January 29, 2018, 09:23:00 AM
 #13

You seem to have a good plan going there, perfect theoretically. Do not lose hope, follow your plan, and with a liitle bit of luck influencing the 'outlying' factors, you have a good chance of attaining financial freedom. A lot of good advice has been given here, so heed that, stay interactive and follow your own research and instincts. Just have your priorities straightened out regarding your investments.
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January 29, 2018, 09:26:31 AM
 #14

To earn a good profit, you must devote all your time to trading. You should have a good strategy. In addition to technical analysis, you need to take into account fundamental analysis. There must be discipline and compliance with the money-management.And invest as much money as you are ready to lose.

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January 29, 2018, 09:32:25 AM
 #15

200$ is enought for testing, but not enough if it is all your start capital. The obvious fact is that HOLDers (Long-term investments) earn much more than traders (short-term investments). There are so many examples when ICO investors got x100 or even x1000 from the ICO price: Stratis, Neo, Ethereum.
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January 29, 2018, 09:33:05 AM
 #16

of course, you can earn a lot more, you need to read and learn cryptomir, participate in bounty companies, so for a little in two years you can earn a lot, and provide
themselves and their loved ones. Smiley
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January 29, 2018, 09:47:53 AM
 #17


this market is a really strange friend I've seen increases that you can never imagine, but at $ 200 a little less and at least five thousand dollars out of me I think I have a few years of financial freedom
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January 29, 2018, 09:48:49 AM
 #18

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.
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January 29, 2018, 09:52:15 AM
 #19

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!
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January 29, 2018, 09:59:07 AM
 #20

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!

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January 29, 2018, 10:01:11 AM
 #21

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.

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January 29, 2018, 10:07:29 AM
 #22

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! :-)
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January 29, 2018, 10:13:09 AM
 #23

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.

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January 29, 2018, 10:18:19 AM
 #24

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.
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January 29, 2018, 10:23:00 AM
 #25

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.
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January 29, 2018, 10:46:50 AM
 #26

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!






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January 29, 2018, 10:54:46 AM
 #27

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.

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January 29, 2018, 10:58:46 AM
 #28

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.
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January 29, 2018, 11:00:59 AM
 #29

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.

<a href="https://allcoins.pw/?ref=552446"><img src="https://allcoins.pw/img/728x90.png" alt="Allcoins.pw" /></a>
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January 29, 2018, 11:02:34 AM
 #30

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.
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January 29, 2018, 11:05:36 AM
 #31

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
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January 29, 2018, 11:14:44 AM
 #32

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.
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January 29, 2018, 11:15:19 AM
 #33

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.

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January 29, 2018, 11:21:21 AM
 #34

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.
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January 29, 2018, 11:37:00 AM
 #35

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.

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January 29, 2018, 11:54:50 AM
 #36

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
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January 29, 2018, 12:06:18 PM
 #37


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.
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January 29, 2018, 12:16:38 PM
Last edit: January 29, 2018, 01:10:19 PM by Kingofbitcoin12345
 #38

In crypto world everything is possible if you only invest to true coin and not on some shitty coin that promises heaven but bring your investment in hell.. 200$ can go into many places when you can find an ICO that is below a dollar as a start and patiently waiting for its popularity and progress that will bring its prices to the moon.. I’m no against in daily trading but 2% is a unworthy minus the fee and effort,, holding it more longer will bring you in a financial freedom status..

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January 29, 2018, 12:17:59 PM
 #39

Hello Guys,

Thank for all your updates!
Really inspired me.

Any more ideas are always welcome.
Love to see as many opinions as possible.

I will come back on this topic in a while and show you how many percent of all the people who responded think it is possible / not possible.

I think it is possible when you do your home work.
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January 29, 2018, 12:18:58 PM
Last edit: January 29, 2018, 02:08:43 PM by Bonakid
 #40

I dont think so, we could gain financial freedom after 1-2 years if we avoid debts and loans while having regular job and extra income in crypto world. So we need to be more productive to achieved our future goals in our life that we will having financial freedom.
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January 29, 2018, 01:37:51 PM
 #41

It's an interesting reasoning but I think your list contains too many blurry phrases. There are no clear management actions, some tricks of successful trading because trading is mathematics + risk + luck but most of all it's a dry calculation, not courage and patience.
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January 30, 2018, 11:07:56 AM
 #42

I went into this wonderful crypto world with $50 6 months ago, now I have about $ 30,000, was both the first unsuccessful experience and unexpected success, then came the understanding of how it works and this is the most important acquisition and success.
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January 30, 2018, 11:45:45 AM
 #43

Well, as what going on with the economy of crypto, that is quite possible. Have you notice the unbelievable growth of most coins on the last quarter of 2017? It was really amazing and it is the proof that each day is the best way to invest and earn a lot of bucks. Don't hesitate and choose what is best coins for you.

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January 30, 2018, 11:49:03 AM
 #44

200$ is not enaught...not for a financial freedom in 2 years.
Crypto market is so imprevedible, but i hear about portfolio with gain of 900% in just 2-3 month...just think about it.
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January 30, 2018, 11:58:13 AM
 #45

well, first of these stories was based on the exchange rate when the .bitcoin was worth pennies , but in the long term , if you work and stick to your plan, it is possible I think, if you know what to do and start with a good amount, while the market is young
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January 30, 2018, 12:18:37 PM
 #46

Yes, it is possible. But it will take discipline, patient, lot of research and focus to achieve that with $200. If you are lucky to invest in good coin or ICO project can make you lot money within a year or two.

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January 30, 2018, 12:48:56 PM
 #47

oh, it will not be easy, it's not easy, if you do not invest of course in the crypto currency which will make 1000 X

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January 30, 2018, 12:54:57 PM
 #48

I think everything is possible in crypto markets. I went into crypto after hearing my uni friend's profit he made (it was like 100x) So you need great skills and even greater luck. But stil you can do it.
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January 30, 2018, 12:55:41 PM
 #49

Hello there,

I hear soo many stories, read soo many stories of fellow crypto-traders that this is The time to invest in crypto's.
These stories are also about making lots of money in about 1-2 years.

With would be the minimum start capital in your opinion?
Also like to know if you think it is possible to work yourself to financial-freedom in 1-2 (maybe three) years.

This also made me think:
'Why are some people enormous succesfull in the trading game while other are not?

I think you have to think like a (financial) successful l business person to make succes in the trading world and word yourself to financial freedom.
Keywords/phrases/ideas I think of now that I think a successful trader should be/have:

* Courage (trying different things out of your comfort zone)

* Dedication (be busy with crypto's daily)

* Your personal 'whitepaper':  Very nice and interesting to  have an insight in the Whitepapers of all companies in ICO stage, but I think a personal whitepaper is also very import. Things like: -  'how much profits a day am I going for?"  - 'where do I want to be in three months? -

* Don't be too greedy: Be okay, with 2%, 3%, 4% profits. It may seem little but if you have 2% profit 30 out of 40 times your estimated value will grow significantly. Have you ever put real coins in a jar for about 3 months? Than you know what I mean.

* Be patient:  I noticed myself, sometimes I want that $ number too much, and this 'wanting', the greed can make you lose your profits.

* Make agreement with yourself, stick to the plan.

* Last but not least, Keep up to date with the news and study, study, study.

* Ask yourself: Is this a hobby or a job-to-be. It is't the latter, it takes a lot of time and dedication.

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

What do you think?


By and large, these are all rhetorical questions. Absolutely everything depends on the individual. There is no magic pill. Someone can earn from $ 100, but someone will spend a couple of thousands to begin with. But the fact that you wrote in principle a good guide.
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January 30, 2018, 12:55:50 PM
 #50

sure hope so, just started out last december, and as myself, many others. the more people get educated about cryptocurrencies, the bigger the market gets. so it's up to each one of us.
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January 30, 2018, 01:01:39 PM
 #51

In crypto you can gain gain a lot even in just a few weeks or months. 1-2 years in crypto is like a century.
Just play it smart and you will be fine.
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January 30, 2018, 01:06:41 PM
 #52

In crypto you can gain gain a lot even in just a few weeks or months. 1-2 years in crypto is like a century.
Just play it smart and you will be fine.
Simple but yet so meaningful, yes it is if you can play wisely and know how to take advantage, time table with good understanding and skills
finding good project will help us out to invest with right project, 1-2 years if seriously spent with learning crypto movements and how every
single project been supported aside from whales who really influence the market in the bigger means.

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January 30, 2018, 02:03:32 PM
Last edit: February 01, 2018, 08:18:00 AM by beej
 #53

I believe it is quite possible, with today's opportunities and options it can be done.
With hard work, initiative and consistency financial freedom is a achievable
reality. The variety and availability of financial opportunities in the modern
market and industry, brings into light the reality that anyone can make a
name of his own. Cryptocurrency is one of those big modern fields that has
made people wealthy in just a short span of time, it's very lucrative and
potentially profitable. In cryptocurrency, with the right choices in finance and
investments any individual could be financially stable and free within the span
of two years or so.
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January 30, 2018, 02:05:13 PM
 #54

When crypto exchanges will be decentralized at most maybe financial freedom will be possible... now most exchanges are tracking personal details more than banks. Not freedom here.

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January 30, 2018, 02:15:35 PM
 #55

I think only crypto market can give you a chance to be financially stable in 1-2years. opportunity to earn here is unlimited as ling as you know what coin you invest, you have patience and can control your greed maybe in less than 2 years you can achieve your financial stability which can be hard to achieve if you will only rely in your daily job.

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January 30, 2018, 02:47:09 PM
 #56

I wouldn't recommend anyone to quit their day job to become a crypto trader with 200 dollars, it's crazy and the chances of failure are just too big.
Trading is something you could easily do on the side, after your work or in the weekends.

Once you have started earning consistently, then maybe you can start thinking of making it your full time employment.

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January 30, 2018, 02:59:45 PM
 #57

It can be possible in 1-2 years and you can even get it very early if luck is with you. I got a friend who are already a millionaire in just half a year. He got his tokens from signature campaign and lucky for him that the tokens rises drastically that made him millionaire.

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January 30, 2018, 03:07:08 PM
 #58

You can get financial freedom here if you have the courage and courage to reach out to you in the world of crypto there is nothing impossible to be positive and do not despair me dont have bank account and savings now but i believed in the future my dreams come true,1to2years from now😇
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January 30, 2018, 03:07:58 PM
 #59

Yes it can be possible in 2-3 year time frame. If you want to start crypto trading start with 5000$ that is enough to start crypto trading in my opinion with that much money you can buy 10-15 types of altcoins and start trading on it. Diversification is must because we never know when a coin will crash so don't put your all money in one coin but trading is very risky too. Apart from this in crypto currency there are many opportunities you can grab and start earning from it. I am doing bounties from last 4 months and I have earned enough money so that I feel very confident. I didn't invest much capital still I earned alot from bounties or airdrop coins. If you dedicately active on this forum you will learn many ways to earn from crypto currency. But signature campaign is the most important thing to earn coins that gives you the most of the money without any investment. Bounties gives me the financial freedom.

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January 30, 2018, 03:43:42 PM
 #60

Anything is possible in crypto world and financial freedom is also possible if you start trading with good strategy without any greed. 3000$ is good amount to start trading but in order to earn good profit you need experience and knowledge as well. To become a good crypto trader you must be good chart reader too. Good market knowledge and analyzing skill lead you to be a successful trader and important thing is trading is risky too.


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January 30, 2018, 03:45:27 PM
 #61

I wouldn't recommend anyone to quit their day job to become a crypto trader with 200 dollars, it's crazy and the chances of failure are just too big.
Trading is something you could easily do on the side, after your work or in the weekends.
Yes, it is always better to have two different income stream so keeping trading as a part-time after regular job must be the right choice for the any crypto user. There could be many exceptions but I'm talking of the point of myself and based on my schedule and my time availability.

Once you have started earning consistently, then maybe you can start thinking of making it your full time employment.
But making consistent performance with trading will be too hard because even professional traders also making losses with their trading time to time. But, having a day job will be having no risk compared to depending only on our trading performances. So, I'm not suggesting anyone to go for full-time trading at any circumstance.
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January 30, 2018, 04:13:07 PM
 #62

Your plan is good and $200 is a good start. I understand your plan is to achieve financial freedom and whether $200 is enough to achieve it in 1 to 2 years, it really depends on your targetted amounts.

However, it is good for you to invest the amount ($200) which you are comfortable with.
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January 30, 2018, 04:17:44 PM
 #63

I think everything is possible in crypto markets. For example, NXT or IOTA. They made +1847245% and +566051% for 4,5 and 2,5 years. Its awesome!
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January 30, 2018, 04:22:51 PM
 #64

We are all here hoping for something of that sort ,aren't we ?Although you may get to acheive some  financial independence the likelihood of that happening is really less compared to what it was 3 years ago.But a man can dream  Grin

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January 31, 2018, 08:01:15 PM
 #65

There is nothing impossible in this crypto world, if you have a proper market idea and a good business strategy to lead. Then you can invest big capital and hold down with patience, the very important thing for existence in this market. And hopefully it will be possible to achieve financial freedom with in 1-2years.
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January 31, 2018, 09:26:54 PM
 #66

If you are really passionate about serious research into the cryptocurrency market, I think that in the next 1-2 years you can be completely financial freedom. I am also researching this market every day, I will invest more and more careful in the time when the market is very volatile. Time will prove your determination in this market and the results will be very good if you persist in pursuit.
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January 31, 2018, 09:29:06 PM
 #67

I like your thoughts and the way you presented it to us and yeah everything is possible as along as you have the will to work and learn and study. And you have to follow the news in the market. I know many people who gone reach and gave up to their work for this world.

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January 31, 2018, 09:33:38 PM
 #68

mature strategy, hard work and smart, and a bit of luck, I'm sure in the next 1 to 2 years, you'll be financially free, nothing is impossible, just do it and do not think too much.
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January 31, 2018, 09:34:07 PM
 #69

Hey anything is possible if you put your heart into t and believe in it and are doing it for the right reasons! You should look into doing bounty and airdrops for extra coins as well.
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January 31, 2018, 09:36:15 PM
 #70

What's really good in crypto currency market is that anything is possible, there are really stories of financial freedom out of bitcoin investment in less than 2 years what you really need to do is start making plans for your future, find a good investment strategy, get some capital and have patient while waiting for the right time. Success in crypto has a higher chance for those who believe and do their best to earn.
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January 31, 2018, 09:39:50 PM
 #71

patience is the keys in crypto
because all investments is risky, so if you don't have a patient you will lose your hope with crypto
and i like your quote about do not be greedy, because people who have a lot of greed will never succed in crypto trading

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January 31, 2018, 09:42:32 PM
 #72

I think the next two years is going to bring many people in this field to Financial Freedom and some people might and most probably will become very wealthy. You need to be very focused and determined and work hard in the beginning. As time goes by, working hard will turn into working smart and your more smarter decisions might land you that holy grail you have been looking for. I hope that within four years total,  I will be able to live a life free from worry, so for me that's another two years. I am slower than most here due to my age I guess.  Grin


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January 31, 2018, 09:46:08 PM
 #73

I think with a little bit of luck it is possible, but that heavily depends on what you define as financial freedom. one of my friends was able to buy a house within 1 year of being involved in cryptocurrencies so I think it's possible.

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January 31, 2018, 09:49:10 PM
 #74

in my opinion investing into solid projects after careful research is the way to go

trading is much harder than investing for several reasons:
1) in order to be profitable, you need to compare your gains to those you would have made by simple investment (which would not cost you all the time and energy you need for trading).
2) trading is a zero-sum game and therefore big players and algorithmic traders will most certainly have a better position than you in taking the winner position.
3) there is a lot of risk in having your money all the time on exchanges. many are driven by small teams that are not prepared against the large number of people and transactions, which leads to downtimes, defect withdrawals, hacks and in the worst case total loss of your belongings.
4) the psychological dynamics that it puts you in may not be worth it at all. your own health and relationships are more precious than increasing the numbers in virtual blocks.
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January 31, 2018, 10:20:58 PM
 #75

Yes, you very clearly painted all the points. I also think so, if you have a clear idea of what you want in your head and how this can be achieved, then everything should turn out. I also painted the rules for myself. Sometimes, of course I break them. But practice shows that it is better to stick to the plan.

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January 31, 2018, 10:22:05 PM
 #76

Financial freedom is very possible in 1 to 2 years with the right amount of capital to invest with and a game plan.  It's not about being greedy but 2-4% gains are nothing in cryptocurrency trading.  You will miss out on so much profits and will end up making mistakes trying to get back in.  Start out with a decent amount.  I would suggest at least 1 to 2 bitcoins and work from there.  
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January 31, 2018, 10:55:02 PM
 #77

In order to get full financial freedom and become a successful person you need a strong motivation. Crypto is only a tool for achieving this goal. There are many such kind of tools and some people just do not want to use them because they are afraid to change their lives.

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