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Author Topic: Financial freedom, is it possible in 1-2 years?  (Read 484 times)
Tambu
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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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frowsiter
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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.

LancelotRay
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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.
ilnick
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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.
Cnut237
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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.

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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
Blas
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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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Moana
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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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