Financial Freedom in Cryptocurrency: How Much Do You Need to Earn to Break Free from Working?
For the average office worker, a principal of 1 million is the threshold for achieving "freedom in trading cryptocurrencies" — capturing a 12% increase each year (earning 120,000) can outpace most working incomes. This is not a pipe dream:
Path to Achievement
1. Planting Seeds in a Bear Market
Allocate 1 million in mainstream coins like BTC/ETH during the bear market lows
No need to constantly monitor, just spend 30 minutes daily assessing the trend
A single bull market can yield 7-10 times returns, easily surpassing a million over two cycles
2. Restrain from Three Human Pitfalls
Avoid Greed: Take partial profits when reaching a 20% return, resisting the temptation to "just let it rise a bit more"
Avoid Fear: Be able to recognize normal corrections (no panic within 20% fluctuations) and trend reversal signals
Avoid Impatience: Remain in cash for 80% of the year, only act on opportunities that are certain
Lessons Learned the Hard Way
I've seen too many "experts": full of candlestick terminology, betting everything on contracts daily, yet their accounts shrink with every bull market. The core issue lies in:
Treating the cryptocurrency space like a casino, challenging quant firms' millisecond algorithms with high-frequency trading
Reluctance to take profits at the peak of a bull market, yet unable to hold on during a deep bear market
Obsessed with the myth of 100x returns, while looking down on the miracle of 20% annual compound interest
True freedom begins with acknowledging that "slow is fast": understanding bull and bear cycles through spot trading, using time to mitigate volatility risks. Only when you stop anxiously watching the market every day do you truly grasp the survival rules of the cryptocurrency space.
Want to double your account, want to enjoy big profits, want to successfully break even
Stay close to the winning strategy, position yourself ahead of the main bull market wave!