Financial Freedom Through Crypto - Is it Possible?

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Hey All,

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We all crave for finical freedom and are looking for various opportunities to achieve the same. So what is Financial Freedom? In simple terms, financial freedom for me means to do things you like doing without worrying about any expenses. Talking about expenses when you are financial free - all your expenses are taken care off that is financial freedom. Zero debt - i.e. Have no debt, No loans/mortgage to pay, children's education taken care off and still you have surplus cash with you that gives you the freedom to enjoy you love doing. The ultimate question can financial freedom achieved via cryptos? Can crypto be the platform for financial freedom?

Financial Freedom Through Crypto - Is it Possible?

Before, I answer this question. Lets look at some of the typical habits that leads to financial freedom ::

  • Earn More, Spend Less
  • Budget + Manage Your Cash
  • Pay off your credit card & use less of credit cards
  • Invest now, there is no right time to invest, so just invest now

Are you there with me so far? If not that ok. But if yes, then if with you crypto investment you have been doing the same then I would say that you have embarked that journey to financial freedom. Many financial experts says that having a passive income is the key to financial freedom. And in crypto we have abundant ways to getting that passive income. Lets' name a few here on Hive blockchain and @leofinance itself. Hive Power(HP), Leo Power(LP), staking and delegating gets you passive income. Providing liquidity in various pools here on tribaldex & Beeswap can further get you another way of getting/earning passive income. So the point that, I am trying to make here is that - with cryptos earning there are endless opportunities to earn passive income.

Finally, to achieve financial freedom, the foremost step is to identify the level of financial freedom you want to achieve. The level of financial freedom relates to what exactly financial freedom means to you. Is there are number[Thousands, Million, Billion, Trillion] that you have in mind that you want to achieve and once achieved you can say that you are financial free. For someone its just becoming debt free, getting rid of credit card payments, a good retirement plan, maintaining current lifestyle etc etc..

So once you have identified your level of financial freedom for me its the magical figure of 10,00,00,000 Cr. Indian Rupee that equates to $12+Mil. The next step is to prepare a financial plan to achieve it. My plan is simple, which ties back to crypto investment. My main crypto investments are in the following projects::

  • HIVE
  • LEO
  • Spliterlands; SPS, DEC
  • VIDYA
  • CUB & polyCUB
  • LBRY, LBC
  • And many more in Osmosis platform

Hopefully these crypto investment turn out be fruitful in near future. So far I have no regrets with all the crypto investments I have made. There has been a lot of learning experience and at the same time, I did make money, bought assets like gold/silver coins, and channelized it to different crypto projects as well. Currently, my passive income via crypto sources are also good - so overall the crypto journey has been great and looking forward to a bright future ahead... cheers...

Image Courtesy:: maximumhorrors.com,

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10 comments
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Hmm...
For me, my first step into financial freedom would be if my crypto investments/savings will return the equivalent of $10 ~ $20 per day.
This is the equivalent (in USD) of my country's minimum daily wage.
It is not much as compared to that of the 1st-world countries but it would be more than enough for me to STOP worrying about daily necessities.
This way I could focus on increasing my investments/savings in crypto instead of working for someone else. 🙂

Doing the math, I would realize financial freedom in crypto if I would have at least 18,250 HBD in savings!

!1UP


You can earn passive income by delegation of tribe tokens to "The Cartel".


Click this banner to join "The Cartel" discord server to know more.

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You have a nice goal. Wishing you all the best and am sure you gonna accomplish your goal. cheers

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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Financial Freedom Through Crypto - Is it Possible?

I absolutely believe it is possible.

When I first started in crypto, I spent several days trying to achieve a small goal: Generate $0.01 in cryptocurrency.

I looked everywhere without success, Until I ran into the legacy chain before it was HIVE.

After that fateful day, I have been slowly but surely working every day to increase the number and flow of my streams of crypto-income.

One day, I believe I will be able to say I'm financially free.

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I am with you and definitely believe that one day we all are gonna accomplish our financial goals.. with dedication and crypto we are definitely going to succeed. cheers

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