Post
Topic
Board Economics
Re: Can one achieve financial independence through crypto currency?
by
AbuBhakar
on 16/02/2023, 16:49:29 UTC
As for me, we can reach the financial independence that we want to depend on how we deal with cryptocurrency and how we handle its risks. If we are earning and making a profit from it then we aren't far from financial freedom.
If we know how to take advantage of trading and investing then it can be our key to financial independence. If we know how to take advantage of cryptocurrency's volatility then we arn't far from the freedom that we want.
Those who start early in crypto before the bitcoin reaches this amount or early in 2017 who hold then sell when bitcoin pumps probably made alot now in bitcoin and reach some financial freedom or started to have some capital to attain financial security. I have read many feedbacks before here in forum how bitcoin changed their lives and how they were able to build houses and business because of bitcoin. At times like this it can still be possible but there is a need for more discipline as well skills to gain profit it is not enough that we buy and hold we need to trade it now to make some profit in our investment. If we’re skilled in trading then financial independence can still be possible.