Financial freedom and success comes from knowledge

[Hyperechos]

Any source of wealth comes from knowledge or body, hard work is the best way to get money. But for most people, learning to make money with money is a very difficult thing, and many people go bankrupt because of investment failure. It is really important to learn investment skills and methodology, which is why I like this forum.

[Cindella]

Knowledge is the key to wealth, and you must have knowledge related to it to do everything. Knowledge can help judge whether what is done is correct, and it can also improve the ability and efficiency of solving problem. Having a wealth of knowledge reserves and sufficient experience will have a greater chance of success and more benefits.

[LUCKMCFLY]

100% sure mate. Knowledge is one of the key and important factor that lead to every success in life, once someone has knowledge, he or she will be able to use all his or her resources well and think of what to do to yield more profit. Also financial freedom is good and that's why crypto is here to give us full financial freedom by given us completely control of our assets, as fiat is really going to be replaced by crypto in exchange of goods and services soon.

Well I am right in your statements, with knowledge you can go very far and especially when it comes to cryptocurrencies, however I do not believe that Crypto replaces FIAT money, it is very difficult, I think there should not be a competition between BTC and Fiat money, because BTC needs FIAT money so that they can measure its value, however the success of everything always lies in making the best use of BTC and cryptocurrencies, on many occasions Fiat money is in trouble, with inflation, over Everything in third world countries, where inflation is very rampant, as is the case in Venezuela, Argentina is also having inflation problems and for now the UK also has problems because its inflation reached more than 3%, so each of the options It has its pros and cons, it is difficult to make comparisons between the two, because both BTC and Fiat Money represent that, money.

[qwertyup23]

Knowledge is the key to wealth, and you must have knowledge related to it to do everything. Knowledge can help judge whether what is done is correct, and it can also improve the ability and efficiency of solving problem. Having a wealth of knowledge reserves and sufficient experience will have a greater chance of success and more benefits.

I think it also has to do on how you would apply the knowledge. I mean, if someone has the wisdom and knowledge but they lack the necessary execution, it would be a total waste of such knowledge and information.

As someone who grew up in an environment where you struggle for daily necessities, the only investment that you can grind is education and knowledge. Indeed, knowledge is power especially if you know how to use such knowledge.

In our modern world where payments have been shifting towards a digitalized spectrum, knowing about the fundamentals of cryptocurrencies would put a person on the edge on the financial world. Knowing how and what to invest would put you above others. Like what most have mentioned, it is essential that you will always be the first!

[Gozie51]

Knowledge is the key to wealth, and you must have knowledge related to it to do everything. Knowledge can help judge whether what is done is correct, and it can also improve the ability and efficiency of solving problem. Having a wealth of knowledge reserves and sufficient experience will have a greater chance of success and more benefits.

Yes knowledge prepares us for the opportunity ahead of us. If you don't have the knowledge to grow your IQ and develop yourself, the future can be difficult. Knowledge is not distributed the same way and that makes human achievement is different.  Now some are still in old system but some are building knowledge of blockchain and investment, you see in few years time these cryptocurrency will grow and those that have turned this blockchain investment down will express shock and regret.  I believe this knowledge factor would be the reason some parents where rich and other parents swimming in poverty. The rich parents took advantages like investing in gold, estate and properties but the poor never had those knowledge. There is the book, rich dad poor dad , it is important to read and understand how knowledge can be a good factor for achievement.

[Ryder Kudrow]

To do anything to succeed, you must have knowledge related to it. Achieving financial success and freedom is based on having a sufficient knowledge base, knowing how to invest and operate funds in order to obtain more profits. The right knowledge can also make it easier for us to obtain financial freedom.

[Chrystora123]

Thats why we need better education in the school in the world. Only smart people can create incredible things to push world forward

Education does not determine success but education determines one's decisions.  I believe that one's success comes from one's accuracy in making decisions.  many people are smart but live poor it's all because they don't want to open their minds and make wrong decisions..

Financial freedom is a combination of good knowledge, confidence and one's intelligence in managing his/her decisions..

[jossiel]

Achieving financial success and freedom is based on having a sufficient knowledge base, knowing how to invest and operate funds in order to obtain more profits. The right knowledge can also make it easier for us to obtain financial freedom.

And it's not just all about knowledge.

It's how you apply the knowledge that you've learned and obtained. Because if it will remain as knowledge and there's no application.

You can't get to the financial freedom that you've been wanting.

[SacriFries11]

Yes sure, it’s good to have a knowledge and understanding of how finance works. Even if you don’t want to go further into it, just by learning the basics will put you in a good position of knowing the right things to do in any kind of situation.

When the Coronavirus started I knew at first what to do, in terms of cryptocurrency I had to sell all my coins and some other assets I was holding. And when prices deeper, I let my friends know that we should buy because that was the right time, but they doubted it, because they have no understand on how it works, despite how hard I tried to explain, and at the end they are the ones regretting it.

The knowledge I had was how I was able to tell that what I am doing was right.

I agree that what we only need is the basic or the principle and everything will goes along with it then your experience will make this principle grow so you become successful on handling your financial matters.
Unlike you, I have nothing to sell when the pandemic strikes last year here in the country. But knowing that the economy went down, I decided to invest in the stock market and some in crypto. After a year when I get along with my friends who are also knowledgeable enough in handling their financial matters very well, our topic went to investment and they also did the same thing. I know I have a lot experience more.

[Lanatsa]

Yes sure, it’s good to have a knowledge and understanding of how finance works. Even if you don’t want to go further into it, just by learning the basics will put you in a good position of knowing the right things to do in any kind of situation.

When the Coronavirus started I knew at first what to do, in terms of cryptocurrency I had to sell all my coins and some other assets I was holding. And when prices deeper, I let my friends know that we should buy because that was the right time, but they doubted it, because they have no understand on how it works, despite how hard I tried to explain, and at the end they are the ones regretting it.

The knowledge I had was how I was able to tell that what I am doing was right.

I agree that what we only need is the basic or the principle and everything will goes along with it then your experience will make this principle grow so you become successful on handling your financial matters.
Unlike you, I have nothing to sell when the pandemic strikes last year here in the country. But knowing that the economy went down, I decided to invest in the stock market and some in crypto. After a year when I get along with my friends who are also knowledgeable enough in handling their financial matters very well, our topic went to investment and they also did the same thing. I know I have a lot experience more.

And of course it would really be needing sufficient time and extreme effort if you are really serious on achieving something or getting your goal.All things doesn't really happen overnight which simply
means that you would really need to work hard from it specially we are talking about financial freedom.

Skills,knowledge,hardwork,perseverance,patience,consistency and dedication would be the main key for you to succeed in life.It doesn't really matter on what are the things you are involved into
neither crypto or not as long you do have those kind of goals then its likely you would succeed.

Nothing is guaranteed though but you do really have some high chance.

[DanWalker]

Maybe you are right in your opinion. But my point of view is slightly different from yours, I believe that you will not achieve success if you give up. No matter how talented you are, how lucky you are. I believe luck is 50%, talent contributes 50% to our success because what we most desire is called not giving up. True financial freedom will certainly depend on someone's ability and knowledge of how to deal with such real things. And Knowledge is power, and money is power, which means knowledge. Apps are money. Anyone who understands how crypto market works will be fine and earn huge amount and become rich all income will depend on market and daily trading income source.

[South Park]

Knowledge is the key to wealth, and you must have knowledge related to it to do everything. Knowledge can help judge whether what is done is correct, and it can also improve the ability and efficiency of solving problem. Having a wealth of knowledge reserves and sufficient experience will have a greater chance of success and more benefits.

There are many studies that show this is in fact correct, there is a direct correlation between the level of education you receive and the money you earn, which is why education should be a priority for governments as there are limits to what it can be achieved by trying to redistribute the wealth that exists, it is better to give good education to all the people regardless of their economic level as in that way they will be able to get and create more jobs, and not only this benefits themselves but the country as well.

[Rajamuda]

Here we really have to have a lot of knowledge in terms of finance and insight that can really direct our steps to continue to do better in earning income.
Besides that, experience is necessary, with a lot of experience.. it can encourage us to learn many things from what has already been experienced, and sometimes the experiences of others can be lessons to add insight.
In financial freedom, this should not be too free to do some things, here we really have to be able to avoid excessive risk and even certain fraud, based on knowledge.
We live should not be monotonous, many interesting things and promises that promise profit from time to time if we are willing to learn many things, and consistency in steps.