Kevin77
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January 30, 2018, 03:45:27 PM |
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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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Svelto
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January 30, 2018, 04:13:07 PM |
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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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BitProCoin
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January 30, 2018, 04:17:44 PM |
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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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Crypto_lion
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January 30, 2018, 04:22:51 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif)
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CryptoAnnie
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January 31, 2018, 08:01:15 PM |
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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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hieuho381
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January 31, 2018, 09:26:54 PM |
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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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GeorgeEden
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Patience and knowledge are gold.
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January 31, 2018, 09:29:06 PM |
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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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Odora
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January 31, 2018, 09:33:38 PM |
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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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luckyleamer
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January 31, 2018, 09:34:07 PM |
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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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audrey12
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January 31, 2018, 09:36:15 PM |
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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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krisnajsadrak
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January 31, 2018, 09:39:50 PM |
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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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qiwoman2
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January 31, 2018, 09:42:32 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif)
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mast3rm1nd
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January 31, 2018, 09:46:08 PM |
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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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rbv
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January 31, 2018, 09:49:10 PM |
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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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pearlsome
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January 31, 2018, 10:20:58 PM |
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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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trademark
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January 31, 2018, 10:22:05 PM |
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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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Marvell1
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January 31, 2018, 10:55:02 PM |
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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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