In the cryptocurrency world, there are actually only two core elements to achieve financial freedom:
First is the scale of your initial capital;
Second is what amount of assets counts as true financial freedom for you.
If your capital is between 10,000 and 30,000 yuan, then even in a complete bull market, if you are lucky enough to earn 5 to 20 times, or even up to 50 times in the extreme, you will only grow from tens of thousands to hundreds of thousands to over a million. Even if very fortunate, you might make around 1.5 million in one cycle, but most people end up just making 50,000 to 100,000. Therefore, those with smaller capital often need to experience two bull market cycles to possibly touch the threshold of financial freedom.
If your starting capital is 200,000 to 300,000 yuan, the situation is different. With the same growth multiples, in one cycle, average luck might get you to 1 million, while good luck could propel you to the tens of millions. Most people would need at least this capital range to achieve financial freedom in one bull market.
Thus, from the perspective of an ordinary person, achieving financial freedom in the cryptocurrency world is not easy.
With smaller capital, it requires time accumulation and multiple opportunities;
With larger capital, combined with a bit of luck, success might come in one cycle.
Of course, there are also some top traders who can consistently profit regardless of bull or bear cycles, capturing opportunities through volatility, possessing a mature and stable trading system, and steadily accumulating assets step by step.
In summary, financial freedom depends on three dimensions: personal ability, capital scale, and time cycle:
If both ability and capital are limited, one must rely on extending time;
If time is insufficient, one can only compensate by increasing capital and ability.
Achieving financial freedom in any industry is not an easy task. However, compared to traditional fields, the barriers in the cryptocurrency world are lower, with no regard for education or background, more opportunities, greater volatility, which also means that as long as you have the ability to seize opportunities, the possibility of a turnaround is greater.