Can one achieve financial independence through crypto currency?

[Sayeds56]

I believe financial independence refers to the ability of a person to be self sufficient.  So my answer will be yes.  

Yes, you are correct. Financial independence typically refers to a state in which an individual has enough financial  resources to sustain his life-style without depending on external sources of financial assistance or being employed. Investing in a certain project can be a good idea to generate wealth and achieve financial freedom. It is great to hear that your acquaintance achieve financial independence by investing in crypto currencies, I am sure he carefully evaluated the risks associated with crypto currencies investment, and managed them effectively.

[fuguebtc]

I believe financial independence refers to the ability of a person to be self sufficient.  So my answer will be yes.  

Yes, you are correct. Financial independence typically refers to a state in which an individual has enough financial  resources to sustain his life-style without depending on external sources of financial assistance or being employed. Investing in a certain project can be a good idea to generate wealth and achieve financial freedom. It is great to hear that your acquaintance achieve financial independence by investing in crypto currencies, I am sure he carefully evaluated the risks associated with crypto currencies investment, and managed them effectively.

In my opinion, financial independence and financial freedom mean that we have a lot of money and don't need to worry too much about money problems to spend every day and have a full life. While bitcoin is an investment and its returns are considered the highest, there is nothing wrong with someone wanting to rely on bitcoin for financial independence. I am investing in bitcoin myself and want financial independence and freedom. I believe that by just working hard to accumulate bitcoins and hold until bitcoin increases in price as expected, we will achieve success.

[Sterbens]

I believe financial independence refers to the ability of a person to be self sufficient.  So my answer will be yes.  

Yes, you are correct. Financial independence typically refers to a state in which an individual has enough financial  resources to sustain his life-style without depending on external sources of financial assistance or being employed. Investing in a certain project can be a good idea to generate wealth and achieve financial freedom. It is great to hear that your acquaintance achieve financial independence by investing in crypto currencies, I am sure he carefully evaluated the risks associated with crypto currencies investment, and managed them effectively.

In my opinion, financial independence and financial freedom mean that we have a lot of money and don't need to worry too much about money problems to spend every day and have a full life. While bitcoin is an investment and its returns are considered the highest, there is nothing wrong with someone wanting to rely on bitcoin for financial independence. I am investing in bitcoin myself and want financial independence and freedom. I believe that by just working hard to accumulate bitcoins and hold until bitcoin increases in price as expected, we will achieve success.

Living without depending on someone financially is very difficult, so it's a great achievement when someone can do that. From the experience of people who have been in this space for a long time, I have heard a lot that they can be more independent with this cryptocurrency space, that is a sign that indeed when we are serious about doing something then something we hope for will come true. I am very happy when I hear that someone has been able to live a financially independent life because of cryptocurrencies.

[ilovealtcoins]

I believe financial independence refers to the ability of a person to be self sufficient.  So my answer will be yes.  

Yes, you are correct. Financial independence typically refers to a state in which an individual has enough financial  resources to sustain his life-style without depending on external sources of financial assistance or being employed. Investing in a certain project can be a good idea to generate wealth and achieve financial freedom. It is great to hear that your acquaintance achieve financial independence by investing in crypto currencies, I am sure he carefully evaluated the risks associated with crypto currencies investment, and managed them effectively.

In my opinion, financial independence and financial freedom mean that we have a lot of money and don't need to worry too much about money problems to spend every day and have a full life. While bitcoin is an investment and its returns are considered the highest, there is nothing wrong with someone wanting to rely on bitcoin for financial independence. I am investing in bitcoin myself and want financial independence and freedom. I believe that by just working hard to accumulate bitcoins and hold until bitcoin increases in price as expected, we will achieve success.

Living without depending on someone financially is very difficult, so it's a great achievement when someone can do that. From the experience of people who have been in this space for a long time, I have heard a lot that they can be more independent with this cryptocurrency space, that is a sign that indeed when we are serious about doing something then something we hope for will come true. I am very happy when I hear that someone has been able to live a financially independent life because of cryptocurrencies.

I live in a country where cryptocurrencies are neither legal nor banned. It can be said that after the 2017 bull run produced a lot of billionaires only 20-30 years old, which is a crazy thing that many people do not believe. In 2021, my country's crypto participation rate was ranked as the top country with the most crypto participants. It can be said that cryptocurrencies can bring us financial independence but we need patience and a little luck.

[Inwestour]

Yes, you are correct. Financial independence typically refers to a state in which an individual has enough financial  resources to sustain his life-style without depending on external sources of financial assistance or being employed. Investing in a certain project can be a good idea to generate wealth and achieve financial freedom. It is great to hear that your acquaintance achieve financial independence by investing in crypto currencies, I am sure he carefully evaluated the risks associated with crypto currencies investment, and managed them effectively.

It will all depend on the person, how much money he needs to achieve financial independence, someone needs a hundred thousand, and someone needs a million. I read yesterday about a trader who took advantage of a listing of a new token on binance and managed to earn one hundred thousand dollars in a few hours, he bought 200k worth of tokens and sold them when the price increased by 50% after the listing.

It turns out that a person has a lot of money, but he prefers to continue trading, everyone has a favorite thing. who want to do it. because even if you achieve financial independence, doing nothing will be very boring, but realizing that you are a free person is an invaluable feeling.

[SUPERSAIAN]

Bitcoin is a great tool on the way to your financial freedom. Even if you do not have any capital, there are many ways to earn money by following this flow. If you become an early investor of a project, it can be very profitable to return to you. If you had bought a few bitcoins 10 years ago, you would be completely free now. In the current conditions, as I said, it is still a great vehicle, you just have to be in it and provide experience.

[minime0105]

The dream of financial freedom can come true, through other means apart from crypto, some people turn into millionaires thanks to crypto and some people turn into poor because of crypto too, I guess that's the risk that's present in every investment, also off crypto space, the answer is yes, for some, independence through cryptocurrency is achieved.

When you check on how the topic is been addressed you have to know that it's going directly to the cryptocurrency financial freedom and mostly how cryptocurrency can make you to have a freedom. Corresponding it to business investment then you will understand the area the writer is pointing at. Bitcoin investment is an investment that is independable and investing for cryptocurrency will make you to have your own freedom without anyone come along or interfere into your business. I think it's were the writer is pointing at.

[og kush420]

The dream of financial freedom can come true, through other means apart from crypto, some people turn into millionaires thanks to crypto and some people turn into poor because of crypto too, I guess that's the risk that's present in every investment, also off crypto space, the answer is yes, for some, independence through cryptocurrency is achieved.

When you check on how the topic is been addressed you have to know that it's going directly to the cryptocurrency financial freedom and mostly how cryptocurrency can make you to have a freedom. Corresponding it to business investment then you will understand the area the writer is pointing at. Bitcoin investment is an investment that is independable and investing for cryptocurrency will make you to have your own freedom without anyone come along or interfere into your business. I think it's were the writer is pointing at.

I think some smart people can do it- but if you are a new to crypto world then you should be careful.
There are scammer who will be stealing money all the time.

[Casdinyard]

People who pioneered in this industry's already bagging in millions every day, miners could also fall in the same situation. The industry is very generous in making millionaires out of regular people and honestly, this is your easiest yet the riskiest venture towards earning your millions. So yeah, cryptocurrency, when done and used right, could easily bag you thousands of dollars in the process, maybe even millions if you are smart enough in dealing with your expenditures and savings as well as your investments, but that doesn't mean bitcoin and cryptocurrencies are all rainbows and butterflies. Huge risks are involved in investing in this industry and more than often, people who are none the wiser fall to the this old trap and find themselves losing money in the process, so proceed with caution as always and do your research for god's sake.

[Cryptock]

People who pioneered in this industry's already bagging in millions every day, miners could also fall in the same situation. The industry is very generous in making millionaires out of regular people and honestly, this is your easiest yet the riskiest venture towards earning your millions. So yeah, cryptocurrency, when done and used right, could easily bag you thousands of dollars in the process, maybe even millions if you are smart enough in dealing with your expenditures and savings as well as your investments, but that doesn't mean bitcoin and cryptocurrencies are all rainbows and butterflies. Huge risks are involved in investing in this industry and more than often, people who are none the wiser fall to the this old trap and find themselves losing money in the process, so proceed with caution as always and do your research for god's sake.

the need of the time is having more knowledge and having more ways to earn money.
crypto is an easy money - it comes easy and it goes easy.

[Theones]

The dream of financial freedom can come true, through other means apart from crypto, some people turn into millionaires thanks to crypto and some people turn into poor because of crypto too, I guess that's the risk that's present in every investment, also off crypto space, the answer is yes, for some, independence through cryptocurrency is achieved.

When you check on how the topic is been addressed you have to know that it's going directly to the cryptocurrency financial freedom and mostly how cryptocurrency can make you to have a freedom. Corresponding it to business investment then you will understand the area the writer is pointing at. Bitcoin investment is an investment that is independable and investing for cryptocurrency will make you to have your own freedom without anyone come along or interfere into your business. I think it's were the writer is pointing at.

I am not sure because, I have not gained financial independence through it. One of my friends did.
So I think crypto are for sharp minded people - not for an average people like myself

[minime0105]

The aspect that i will agree that you can achieve a financial freedom from the cryptocurrency, is the aspect i have seen directly that in your cryptocurrency business or investment you don't have what that will bother except profit making, so it's only the profit making that will gives you more concerns so without lose and profit which is the problem with cryptocurrency, i think that with cryptocurrency you have a financial freedom when you know exactly what you are doing.

[Sterbens]

Living without depending on someone financially is very difficult, so it's a great achievement when someone can do that. From the experience of people who have been in this space for a long time, I have heard a lot that they can be more independent with this cryptocurrency space, that is a sign that indeed when we are serious about doing something then something we hope for will come true. I am very happy when I hear that someone has been able to live a financially independent life because of cryptocurrencies.

I live in a country where cryptocurrencies are neither legal nor banned. It can be said that after the 2017 bull run produced a lot of billionaires only 20-30 years old, which is a crazy thing that many people do not believe. In 2021, my country's crypto participation rate was ranked as the top country with the most crypto participants. It can be said that cryptocurrencies can bring us financial independence but we need patience and a little luck.

Regarding luck, I am someone who believes that luck will be obtained when one tries hard. I mean there will be no luck that comes when we just sit around doing nothing. So in this case it is their effort to invest in cryptocurrency, their business is a form of learning or sacrifice. Because when we invest in anything it is a sacrifice of what we have. Not infrequently people will think twice about investing because they have the money that they have will turn around quickly (profitably) when doing other things.

[kamvreto]

Living without depending on someone financially is very difficult, so it's a great achievement when someone can do that. From the experience of people who have been in this space for a long time, I have heard a lot that they can be more independent with this cryptocurrency space, that is a sign that indeed when we are serious about doing something then something we hope for will come true. I am very happy when I hear that someone has been able to live a financially independent life because of cryptocurrencies.

I live in a country where cryptocurrencies are neither legal nor banned. It can be said that after the 2017 bull run produced a lot of billionaires only 20-30 years old, which is a crazy thing that many people do not believe. In 2021, my country's crypto participation rate was ranked as the top country with the most crypto participants. It can be said that cryptocurrencies can bring us financial independence but we need patience and a little luck.

Regarding luck, I am someone who believes that luck will be obtained when one tries hard. I mean there will be no luck that comes when we just sit around doing nothing. So in this case it is their effort to invest in cryptocurrency, their business is a form of learning or sacrifice. Because when we invest in anything it is a sacrifice of what we have. Not infrequently people will think twice about investing because they have the money that they have will turn around quickly (profitably) when doing other things.

luck will also be obtained for those who dare to take risks. Crypto investment has a greater risk compared to other investments. But really to note, the investment made must use money that is not used for other needs.
those who are still hesitant to enter into crypto investment will certainly not have the opportunity to get bigger profits. It's risky, but you need to learn so you can minimize the risks that will occur.

[molsewid]

The aspect that i will agree that you can achieve a financial freedom from the cryptocurrency, is the aspect i have seen directly that in your cryptocurrency business or investment you don't have what that will bother except profit making, so it's only the profit making that will gives you more concerns so without lose and profit which is the problem with cryptocurrency, i think that with cryptocurrency you have a financial freedom when you know exactly what you are doing.

Yes indeed, I've seen so many people who achieve financial freedom and I am hoping to be like them soon. They choose a very uncertain path years before and now they are reaping what they sow. Those people are now fully engaged in crypto they are graduate from university here but chooses to focus more on trading crypto and other things. They have their own time and they are the one who manages it. So yeah it is possible indeed.

[DrBeer]

Bitcoin is a great tool on the way to your financial freedom. Even if you do not have any capital, there are many ways to earn money by following this flow. If you become an early investor of a project, it can be very profitable to return to you. If you had bought a few bitcoins 10 years ago, you would be completely free now. In the current conditions, as I said, it is still a great vehicle, you just have to be in it and provide experience.

A good example, but this is one side of the coin. And we must remember that in the speculative market, and the crypto market is purely speculative, the earnings of some are the losses of others! Yes, yes, there is no talk of any equality and fairness when there is income

And let's discuss - what are the people who have invested all their savings in bitcoin at 60,000 dollars experiencing now? Well ? True, even today they feel like LOSSERS. And there are many orders of magnitude more of these than those who "earned and became free." Once again - in such markets as the crypto market, namely purely speculative (because the "product" has no real value), "earnings and freedom" of some, these are losses and a burden of debt for others .. Always remember this!

[blockman]

There are many opportunities that have opened the door through cryptocurrencies. Companies that are paying in the form of crypto and companies related and have a service related to crypto as well. That's why it's a yes that someone can be independent through it because before it was like a limited opportunity that can be seen from here but then, as time moves, there have been numerous changes and growth within this space and it's noticeable because it keeps on growing.

[Minor Miner]

Bitcoin is a great tool on the way to your financial freedom. Even if you do not have any capital, there are many ways to earn money by following this flow. If you become an early investor of a project, it can be very profitable to return to you. If you had bought a few bitcoins 10 years ago, you would be completely free now. In the current conditions, as I said, it is still a great vehicle, you just have to be in it and provide experience.

A good example, but this is one side of the coin. And we must remember that in the speculative market, and the crypto market is purely speculative, the earnings of some are the losses of others! Yes, yes, there is no talk of any equality and fairness when there is income

And let's discuss - what are the people who have invested all their savings in bitcoin at 60,000 dollars experiencing now? Well ? True, even today they feel like LOSSERS. And there are many orders of magnitude more of these than those who "earned and became free." Once again - in such markets as the crypto market, namely purely speculative (because the "product" has no real value), "earnings and freedom" of some, these are losses and a burden of debt for others .. Always remember this!

The marketplace is a battlefield, money goes from weak hands to strong hands. Not only this market but all business and financial markets work like that, so there is no need to be sad or worried about us getting rich from other people's money. Just like you sell goods, you need to make a profit in your business, and when you sell at a higher price to others, it cannot be said that you take other people's money.
Those who lose because they are weaker than others, but if given the opportunity, they will also be willing to take that money from others, they will also never be tolerant and lenient.

[DrBeer]

Bitcoin is a great tool on the way to your financial freedom. Even if you do not have any capital, there are many ways to earn money by following this flow. If you become an early investor of a project, it can be very profitable to return to you. If you had bought a few bitcoins 10 years ago, you would be completely free now. In the current conditions, as I said, it is still a great vehicle, you just have to be in it and provide experience.

A good example, but this is one side of the coin. And we must remember that in the speculative market, and the crypto market is purely speculative, the earnings of some are the losses of others! Yes, yes, there is no talk of any equality and fairness when there is income

And let's discuss - what are the people who have invested all their savings in bitcoin at 60,000 dollars experiencing now? Well ? True, even today they feel like LOSSERS. And there are many orders of magnitude more of these than those who "earned and became free." Once again - in such markets as the crypto market, namely purely speculative (because the "product" has no real value), "earnings and freedom" of some, these are losses and a burden of debt for others .. Always remember this!

The marketplace is a battlefield, money goes from weak hands to strong hands. Not only this market but all business and financial markets work like that, so there is no need to be sad or worried about us getting rich from other people's money. Just like you sell goods, you need to make a profit in your business, and when you sell at a higher price to others, it cannot be said that you take other people's money.
Those who lose because they are weaker than others, but if given the opportunity, they will also be willing to take that money from others, they will also never be tolerant and lenient.

Absolutely agree! Everything is as you wrote. But then again - there is a nuance

If we are talking about the market, business, etc. - everything is fine here, and you are absolutely right.

But the concept of cryptocurrencies has always been based not on squabbling for the market, the struggle "for a place in the sun", but, as many say, freedom, equality, and even such stupidity as "saving the economy" People do not understand that cryptocurrencies are just a tool , moreover, specific, and they MUCH do harm to themselves (financially), rather than get "freedom, equality, and salvation from financial problems."

[Marvell1]

...
those who are still hesitant to enter into crypto investment will certainly not have the opportunity to get bigger profits. It's risky, but you need to learn so you can minimize the risks that will occur.

Cryptocurrencies are not the only way to earn big profits or the only way to achieve financial freedom. There are many ways to achieve financial freedom that we have not found or they are not suitable for us. Do not forget that the billionaires they do not need Bitcoin still become billionaires. Any investment can help us achieve financial freedom, they are just a means, and whether we can achieve financial freedom or not completely dependent on us.