Financial freedom and success comes from knowledge

[nicecrypto]

No strategy works better than understanding the market, know when to buy and sell when it comes to crypto investment, if you fail to take advantage of the high price and rather hodl for whatever weird reason it will cost you the opportunity to multiply your stash, sell at the right time and buy back when necessary is the way I see anyone growing their investment, I have learnt this past few weeks.

I agree with you. I believe that timing is key. Most people missed out on the opportunity to buy when the market was down last year and we recently had that same opportunity again weeks ago when the market dipped and I know some investors might miss that too because of bad timing. This is mostly due to a lack of knowledge about the market, If most investors studied the market pattern very well, you would see similar moves and would be able to take advantage of them.

[1714623721]

1714623721

[Semar Mesem]

You did the right thing, now you need to wait and do everything that is possible with minimal risks. All the same, the market makes it possible to earn even if you cannot invest your money directly.
It seems to me that there is a possibility that we will descend to the $ 24,000 levels, we have been standing still for too long. In addition, if someone is good with money, it does not mean that he knows a lot, because he could just be lucky.

Currently there are many investment options so that with money we can make money again, it doesn't need to be smart to be rich and successful today, the most important thing is to be willing to take risks and of course have a good analysis of investments, especially crypto.

[oHnK]

the most important thing is to be willing to take risks and of course have a good analysis of investments, especially crypto.

Having good analytical skills is one form of intelligence that you have. Dare to take risks without intelligence Just like suicide. simply like a person who dares to work in the middle of a building surrounded by oil without understanding that oil will burn when hit by fire and does not have three sides to the risk of fire is one of the ridiculous actions as well as when you invest without knowledge it is the same as giving your money to the market  wild ones.

[lixer]

I believe that timing is key. Most people missed out on the opportunity to buy when the market was down last year and we recently had that same opportunity again weeks ago when the market dipped and I know some investors might miss that too because of bad timing. This is mostly due to a lack of knowledge about the market, If most investors studied the market pattern very well, you would see similar moves and would be able to take advantage of them.

I am feeling very lucky that I bought during those periods as well. I didn't do it because I "knew" it would go up, obviously we all know that I am not a wizard who can see the future, but I just buy whenever price goes up, for the future basically but not in a week of course. I believed that in a few months price would be over 40k even 50k and that would profit me, maybe even a year later, but I just knew that it would go up "one day" not this quickly obviously.

So, I got lucky when I bought, but it is also quite smart to buy whenever price goes down, you should buy, because we all know even if it doesn't go up tomorrow, it will go up in a week, a month, a year or whenever and that is how you make money. People who bought at 20k or bought at 3k in 2017-2018 all made money, that is what we should be taking as examples, everyone makes money as long as they buy bitcoin, some do it quicker, some do it a bit later.

[COBRAS]

Financial freedom comes from knowledge, determination, hard/smart work and persistence.  lazy, stupid, timid and pessimistic it is impossible to be financially free.  This is the reason why we are forced to go to school and study when we are young, so that when we grow up we don't become stupid.  

School is not a guarantee for someone to become a knowledgeable person when someone reaches adulthood. Creativity, mental strength, mindset, attitude, network of friends, circle and others are the biggest factors that will affect your success.
School is not a sign you've ever thought, but school is just a proof you've learned. Schools are only a small part of the business world. The next step you have to complete by yourself.
This is not to say that school is not important. Always remember, that the most valuable investment is the brain investment. Fill your brain with economic knowledge and also make your mood comfortable with economics.

School is one of the most beautiful moments of any person's life !!!! It was there that they taught us, took care of us, showed us that someone needed us, instilled love and respect for others and a lot of good and good things in each other.

Work in countries where the power is usurped by a dictator, such as Russia, Uzbekistan, Tajikistan, Belarus(around 200$ per month) - in all these countries, the average salary and pension are the same absolutely !!! Isn't it strange ? Yes, it is strange, but this is exactly the case because the government only gives us the means so that we do not starve to death, work as slaves and produce the next generation of slaves no more and no less.

In Russia, the capital of the 25 richest people exceeds the capital of the rest of the country's population !!! Is that fair ? Of course not, but dictatorships do not think about justice.


Life.... Our whole life sometimes undergoes changes and we move from one place to another. So, friends, life in the place where we are moving can be obviously much worse than the place where you live now, do not forget about it.

Life in the place that we liked begins or ends with the fact that we buy our own housing there !!! It may happen that housing in the city or region to which you have moved is acquired only by receiving an inheritance from deceased relatives(becoue of price is VERY VERY HIGH) and if you do not have such relatives in this place, we will never be able to purchase housing and fully cling to life in this place !!! You can rent a house until you die, in this case, our funeral will begin with the street bench on which we were found !!!

I am pessimistic-absolutely !!! This is because I am realistic !!!

and I love and respect all GOOD AND KINDLY people's because YOU SO BEAUTIFUL in my understanding !!!!! and it doesn't matter to me what you do, whether you sell drugs, do hacking and steal millions of euro(Yes, friends, I know such a person, I know what I'm talking about), or unload cars with cargo.




regard

[Charot12345]

Financial freedom and success comes from knowledge

This statement was right in some aspect. You can achieve financial freedom and succes when you have already invested yourself and your time to gain knowledge from experienced people, thru reading articles and books and other sources. I always hear the phrases "Work smarter not harder". So it only means, it was a really great help to be succesful if you are smarter because not all people who work hard become succesful.

If you are knowledgeable in every aspect, in crypto market in economy, investments or in life you can achieve financial freedom. You can think wisely or you can know the right timing when to trade or to invest, You can protect your money and can make it grow. And also you will not be easily be scared on the fluctuations, sudden fall or anything.

[Ucy]

Financial freedom comes from knowledge, determination, hard/smart work and persistence.  lazy, stupid, timid and pessimistic it is impossible to be financially free.  This is the reason why we are forced to go to school and study when we are young, so that when we grow up we don't become stupid.  

School is not a guarantee for someone to become a knowledgeable person when someone reaches adulthood. Creativity, mental strength, mindset, attitude, network of friends, circle and others are the biggest factors that will affect your success.
School is not a sign you've ever thought, but school is just a proof you've learned. Schools are only a small part of the business world. The next step you have to complete by yourself.
This is not to say that school is not important. Always remember, that the most valuable investment is the brain investment. Fill your brain with economic knowledge and also make your mood comfortable with economics.

School is one of the most beautiful moments of any person's life !!!! It was there that they taught us, took care of us, showed us that someone needed us, instilled love and respect for others and a lot of good and good things in each other.

Work in countries where the power is usurped by a dictator, such as Russia, Uzbekistan, Tajikistan, Belarus(around 200$ per month) - in all these countries, the average salary and pension are the same absolutely !!! Isn't it strange ? Yes, it is strange, but this is exactly the case because the government only gives us the means so that we do not starve to death, work as slaves and produce the next generation of slaves no more and no less.

In Russia, the capital of the 25 richest people exceeds the capital of the rest of the country's population !!! Is that fair ? Of course not, but dictatorships do not think about justice.


Life.... Our whole life sometimes undergoes changes and we move from one place to another. So, friends, life in the place where we are moving can be obviously much worse than the place where you live now, do not forget about it.

Life in the place that we liked begins or ends with the fact that we buy our own housing there !!! It may happen that housing in the city or region to which you have moved is acquired only by receiving an inheritance from deceased relatives(becoue of price is VERY VERY HIGH) and if you do not have such relatives in this place, we will never be able to purchase housing and fully cling to life in this place !!! You can rent a house until you die, in this case, our funeral will begin with the street bench on which we were found !!!

I am pessimistic-absolutely !!! This is because I am realistic !!!

and I love and respect all GOOD AND KINDLY people's because YOU SO BEAUTIFUL in my understanding !!!!! and it doesn't matter to me what you do, whether you sell drugs, do hacking and steal millions of euro(Yes, friends, I know such a person, I know what I'm talking about), or unload cars with cargo.




regard

Money stolen or obtained fraudulently either by selling bad/harmful drug, unauthorized hacking into people's stuff is definitely not owned by the one who obtained it. The real owner is  the one who the money was taken from.
I  think a good education system would teach people this truth so people will understand that solving useful problems(not causing problems or not solving atall ) is a honest way to earn a living and that does benefit society.

So the ones who make money dishonestly are kind of debtors who have to pay back or apologize to be free.

[gwdf1]

You have said so many right things. I also think that big knowledge can give you much more money than big capital from the beginning.
I am trying to pay attention not only to the crypto market, where I earn money, but also to economics in general. As everything is connected. Crisis somewhere affects all economies as well. So it is very important to understand the “theory of money”, even if you don’t work with finances.

[Maxre]

That's right. Knowledge is the key to success. Even developed countries such as Singapore make knowledge, science, and technology the key to future success. Developed countries both Europe and America even provide large funds for education and technological developments in Singapore. Knowledge is indeed very important to support the success of both the community and the country.

[uelque]

Success and Financial freedom is indeed knowledge, and no ones gonna disagree about that. But some trials in life are putting some people on a situation where they are having a hard time finding their way to success, or finding their way to have knowledge about becoming successful. It's quite easy to say things like "if you want to become successful, then learn, study, have knowledge" but in the real world, where people are tied on a unexpected life challenges, it's hard to execute such things. Those people with resources can execute it easily but those who do not have, they still can tho, but it will take them long years maybe, or if they are too unfortunate, they won't make it there. Only those who has the courage to continue despite of all the things that happened, no matter how many failures, can make it to financial freedom and success. So maybe it is not knowledge alone, it takes courage also.

[Gorosden]

If someone is good with money it means he or she knows a lot about money .
You can say that you are not interested about money and financial system...welll the covid 19 was good example tgat you need to know about money

Before the covid the richest people sold their assets why so ? You think it was inside info ? No it wasnt they just know about money

And crypto is money and when you dont know about money then you shouldnt be in crypto ...
Or you stay in crypto learn hard and its a miracle you learn more about money


Now days when we face the facts that  most of the money will go in. Crypto and stock commoties markets and real business ownership will need to have state licenses ....
The you realise that you must learn.
...those main things :

When the economic circle start amd when it finish
When to buy and whem to sell
How to know if its just FUD/ shake out the weak hands or actual financial liauitity crisis ?

How do you know how the sec and fed working together ?
How the money is created?

Sounds like a boring right ?
Sounds like a lot of small details what the cool dude like you shouldnt know ? Right ?

But this is fundamentals and if you dont know this then you are not going to be rich unlikely.

Covid 19 is good example main rule:
When markets are bullish make money like there is no tomorrow becouse you need that money when everything goes down.

First rule: if you can swich your location for better to optimize your taxes do so.

The saved. 40% on taxes of 1 mil is your wealth saver in future.


Live by 5 years  plan make your wealth plan in 5 years plan


Still sounds like boring right ?
How does that sounds whem everybody is suffering you drive your nice rolce royce drinking some nice jack daniels relaxing at the beach...isnt that cool ?sure you want good thimgs but before that you have to go over a lot boring things


Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways




World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam

It's like you saying the richest people are the most dumb lol 🤣 covid was new something we haven't seen in years and it thus cause a bigger panic around the world, I don't blame anyone for selling their assets at the time because if the whole thing wasn't contained you and I might not be alive to see this day

[Kiley33]

Knowledge not only refers to entering university, not only to campus study, but also includes skills, perspectives, and ways of thinking.
Even if you don't have a degree, but through continuous learning skills, seeing the world, and self-summarizing, you can master the ability to support your family and live your life, so that you can integrate yourself into the world of innovation.
In fact, financial freedom does not lie in how much savings you have now, but in how much stable passive income you have.
As long as your current passive income is stable and equal to or greater than your income from work, and you can provide you with a good food and clothing after the mortgage, it is financial freedom in my opinion.

[MIldic1c]

The road to wealth requires knowledge. What knowledge actually brings us is to know that we make some decisions, make some choices, or bring us some good results.
There was a saying that learning is a lifetime thing, and what knowledge brings is always beneficial to oneself. Many people regret not reading more books, but this is no longer going back. Fragmented information does not constitute knowledge, and they use time to study consistently for a long time.

[LUCKMCFLY]

The road to wealth requires knowledge. What knowledge actually brings us is to know that we make some decisions, make some choices, or bring us some good results.
There was a saying that learning is a lifetime thing, and what knowledge brings is always beneficial to oneself. Many people regret not reading more books, but this is no longer going back. Fragmented information does not constitute knowledge, and they use time to study consistently for a long time.

Yes, although reading books is always an open opportunity, clearly knowledge opens doors and is the most direct path to success, but you have to know how to use that knowledge, and to be successful you have to know how to look for opportunities, I have seen many people who do not have much knowledge of things, but are experts looking for opportunities and having a lot of expertise for business, and that is something that should not be lacking, because if they know how to look for opportunities, knowledge is the golden key to open those doors.

There are people who only do 1 trade, and they know only that, but they look for unique opportunities and even form their own businesses, and when they start they see more businesses, that is, everything is in knowing how to work to have a successful business model.

Every bet that the best business is to satisfy a basic need and look for the solution, when you have knowledge, the solution arrives faster, that translates into knowing how to use our information to achieve success. Basically this is what Robert Kiyosaki proclaims in his books, you do not have to be a total expert, or have a doctorate, just take advantage of business opportunities, I think that is where the answers are.

[suryana]

It all starts with knowledge, knowledge can be obtained from education or from hands-on experience with something you want to know. This is why it affects the value or fate of one's wealth. I'm sure there are a lot of rich people out there who are actually smart, good at managing finances, good at science. If there is a seminar that he says he is stupid but can get rich it is not possible. Because rich people are really good at everything.

[dezoel]

Everyone acts as if the whole world is filled with people who are smart and rich. Yes there are smart rich people but there are also tons of idiot morons who are rich because their father was rich, and there are tons of smart people who are not rich neither.

So, I have to say that it is definitely not true that wisdom brings money, for many that is not right. I mean Trump took a whole wealth that his father left him and build an empire of bankruptcy and people STILL think he is a good business person, believed him for the past decade or so. Which is why I have to say that you do not have to smart to be rich, there are a billion examples of this going around in the world.

[minairia3]

If someone is good with money it means he or she knows a lot about money .
You can say that you are not interested about money and financial system...welll the covid 19 was good example tgat you need to know about money

Before the covid the richest people sold their assets why so ? You think it was inside info ? No it wasnt they just know about money

And crypto is money and when you dont know about money then you shouldnt be in crypto ...
Or you stay in crypto learn hard and its a miracle you learn more about money


Now days when we face the facts that  most of the money will go in. Crypto and stock commoties markets and real business ownership will need to have state licenses ....
The you realise that you must learn.
...those main things :

When the economic circle start amd when it finish
When to buy and whem to sell
How to know if its just FUD/ shake out the weak hands or actual financial liauitity crisis ?

How do you know how the sec and fed working together ?
How the money is created?

Sounds like a boring right ?
Sounds like a lot of small details what the cool dude like you shouldnt know ? Right ?

But this is fundamentals and if you dont know this then you are not going to be rich unlikely.

Covid 19 is good example main rule:
When markets are bullish make money like there is no tomorrow becouse you need that money when everything goes down.

First rule: if you can swich your location for better to optimize your taxes do so.

The saved. 40% on taxes of 1 mil is your wealth saver in future.


Live by 5 years  plan make your wealth plan in 5 years plan


Still sounds like boring right ?
How does that sounds whem everybody is suffering you drive your nice rolce royce drinking some nice jack daniels relaxing at the beach...isnt that cool ?sure you want good thimgs but before that you have to go over a lot boring things


Finally you must learn how the system works thats how the richest guys makes their money and if you think you dont need that ? Well the extra wealth dont hurt you anyways




World is scam and fraud so you better learn how the scammers and fraudsters will try to scam you legally and not so legally but its all scam so scam

In my opinion this is not entirely true, although you have a lot of knowledge and understanding, it depends on luck, everything goes well, you can do anything. no matter you do business or play stocks..ect.. you need to have these two factors then I think success will really come to you, in fact to be successful we cannot lack either one of them.

[Kasabus]

Everyone acts as if the whole world is filled with people who are smart and rich. Yes there are smart rich people but there are also tons of idiot morons who are rich because their father was rich, and there are tons of smart people who are not rich neither.

So, I have to say that it is definitely not true that wisdom brings money, for many that is not right. I mean Trump took a whole wealth that his father left him and build an empire of bankruptcy and people STILL think he is a good business person, believed him for the past decade or so. Which is why I have to say that you do not have to smart to be rich, there are a billion examples of this going around in the world.

Smart people still have the advantage from those idiots but this doesn't mean that once you're a smart individual, you will definitely become financially free. It takes time to become one. You need to be more knowledgeable and skilled in managing your finances so you will be able to earn more profits rather than spending it on those non profit material stocks.

But i do believe that knowledge is power. You won't be able to improve yourself and become financially free if you don't know about money and how it will work and become profitable. So once you have gained knowledge that turn out to be skills, then  eventually it ill lead you to success.

[Wewe Gombel]

Knowledge is needed to be able to make us better, without knowledge it is difficult for anyone to become a successful person and have finances, knowledge is needed by anyone who wants his life to be better, if we don't have time to go to school, it is now very easy to find knowledge, resources internet and youtube videos are the best references.

[monineklutak]

That's right. Knowledge is the key to success. Even developed countries such as Singapore make knowledge, science, and technology the key to future success. Developed countries both Europe and America even provide large funds for education and technological developments in Singapore. Knowledge is indeed very important to support the success of both the community and the country.

The role of the state is needed to be able to provide good education, education is an important key to make the country better, countries that want to progress will of course make education a budget priority, the results of policies are certainly not instant, it will take at least 10 years to know whether the policy is effective or needs improvement.

Indeed, if we talk about education, its role is very important.
because that's where we learn everything and I think someone's thinking is also different when he does education with someone who doesn't,
what is clear is that everything requires a process and for education itself the results can certainly be seen in the long term