If you spend 8 minutes reading this article, you will know:
What is real financial freedom?
How much money is needed to achieve financial freedom? How important is the 4% rule?
Where to invest to get an average profit of 15% per year? Ensure financial freedom (inflation deducted)
How to use "crypto leverage" to achieve financial freedom the fastest? With zero capital?
Has anyone done that? (2 examples)
This is the path to financial freedom using crypto leverage + the 4% principle!
(I did it in 6 years & I believe you can do it in just 4 years)
1. First of all, you need to understand exactly what Financial Freedom is?
Here is the definition as I understand it:
Financial freedom means you can freely do what you like (not for money).
Do it with the person you want to do it with (not do it with someone you don't like, for example with an old boss, with an unsuitable partner)
Work where you want to work (not work where you don't like - for example going to the office, company)
Here is a more theoretical definition:
Financial Independence (financial independence & early retirement) is a state of being free from dependence on money & no longer needing to work to earn money (can retire).
In short, financial freedom is a state: When you no longer depend on anyone, no longer depend on work, customers, partners, do not have to do anything extra and still have enough money. pay for daily living.
2. How much money is needed to achieve financial freedom?
The answer is one question: How much money do you need every year to live?
For example: Every year you need 300,000,000 (25 million/month), so the amount of money you need to achieve financial freedom is: 7 billion 500 million (25,000,000 x 12 months x 25 years)
Why 25 years? We will need to go to…
3. 4% Rule
Research shows that even during tough market times, if you withdraw 4% per year from your portfolio, you won't run out of money in about 30 years. (minus annual inflation of 4%)
So if you have 7 billion 500 million and invest it, you will achieve financial freedom. Because if you withdraw 300 million (4%) from this portfolio every year, it still won't have any effect.
Doing this continuously for 30 years is still ok!
(Later below I will share how to get 7 billion 500 million with crypto in the fastest time)
4. Where to invest to earn 15% profit every year?
Currently, there are many investment channels that can generate 15% profit.
If you are a fan of crypto, you are all in on Bitcoin, then you can see that Bitcoin over the past 12 years has an average annual increase in performance of 108%.
Oh there's no point in withdrawing 4% every year, right? (Inflation, I agree with you lol :))))
Or if you just invest this amount of money in stocks, vnindex or simply VEOF open fund certificates of the stock market in Vietnam, for example, the average profit over the past 10 years will still be 11.7% per year.
With more extensive knowledge, you can completely diversify this 7 billion 500 million portfolio with gold, Bitcoin, Ethreum, fund certificates, real estate...
I believe it's not too difficult if you understand clearly and take the time to learn, right?
5. But in reality, 7 billion 500 is definitely not enough for you to achieve financial freedom! Because…
You need to have a house, then when your children go to college, study abroad, when you suddenly get sick...
Therefore, you need to include these costs including: Housing costs (house), emergency fund, children's education costs...
Therefore, there will not be an exact number because each person will have a different situation and position.
But let's temporarily ignore and continue with the story "how to get 7 billion 500 million" from crypto leverage?
6. How to use "crypto leverage" to achieve financial freedom after 6 years from zero?
I will start with my own story. In 2015, I started working full-time on the internet.
From 2015 to 2017, I did not know about crypto. During that period, I made money from YouTube, blogging, affiliate marketing, advertising...
Even though I earn money, it does not lead me to financial knowledge, there is no concept of investment and financial freedom.
But then one day in 2017, for the first time I googled "what is bitcoin" & that was the keyword - the gate to the world of investment - finance & I set foot on the path to financial freedom. then reach the finish line in 2022!
Oh! 6 years to reach financial freedom with "crypto leverage" is a very fast period of time compared to working for a salary and then saving, investing in gold, stocks, fund certificates... (usually This journey will take 20 years or more.)
7. So how to own & use “crypto leverage”
Actually, in the crypto field, you can absolutely get the initial capital quite easily (sometimes like falling from the sky) & more conveniently than other fields.
No need to say anything far away, just recently if you were willing to participate in the tab to earn trend you could have received an airdrop from the NOT project. And in fact, many of you have received $1000 - $2000 just for this project.
Personally, by staking in an account on OKX exchange, I have received more than 41,000 NOT & currently worth about 1000$. In the past there have been many times "money falling from the sky" like this, and there will certainly be more in the future!
With this amount of money falling from the sky, if you continue to learn - study and invest, I believe earning 7 billion 500 million within 5 years is not too difficult in the crypto market.
Many people have done it!
This is not "crypto leverage", I don't know what else to call it!
Since 2017, I have personally learned about crypto and invested by myself.
Then share that knowledge on the blog, on social networks, on email newsletters, on 𝕏, ... anywhere to "create attention" & so on, in addition to investing, you also receive a lot of attention. cooperation, other opportunities to make money from this crypto field!
I can do it & I believe you can do it too.
If you are still not satisfied with your personal example, take a look at the following two other people.
How a person with financial knowledge used "crypto leverage" to become a millionaire. That's Thuan Capital!
And I believe her journey to financial freedom is not too far!
So you see! Financial freedom with “crypto leverage” is not too difficult, right? And it is a newer path to financial freedom, right?
As long as you go with the right mindset, are willing to learn, and deeply participate in this field, I believe it will be an interesting journey, shorter, with more opportunities, much easier than the old paths. other!
Thuan is such a person. A Master of Finance has owned a Youtube channel specializing in sharing about crypto since 2017 & became a millionaire using crypto leverage!
You will say because Thuan already has financial knowledge!
I will give you another example. Kieu Oanh is a young person who came to crypto with probably zero financial knowledge.
But I believe that up to now, he has more knowledge about crypto, macro finance, and personal finance than millions of other people after just a few years.
#btc #crypto #invesment #binance #StartInvestingInCrypto
