Investing in virtual currency involves risks, but if you make a lot of money, you have a chance to quit your job. Even if you are a salaried worker now, if you make steady efforts, you will gradually accumulate funds and it will be possible to become independent.
What is FIRE?
FIRE is an abbreviation for Financial Independence, Retire Early. It is to retire early and get out of “work just to earn money” and “live while freely doing what you like”. In the past, it was said to be an ex-salah, but now this term has come to be used more. It is said that 25 times the annual income of a salaried worker is required to retire early. Multiply your current annual income by 25 to get the answer. Of course, this is by no means an easy amount.
today is the youngest day
At this point you are the youngest day of your life. Human life will be over 100 years from now, but do you want to work for more than 100 years? Of course, if you love your job, it’s fine, but most people don’t. Investing always involves risk, but if you are successful, you can get quite a lot of money. For that reason, the number of people who are dabbling in cryptocurrencies has increased significantly in recent years. It’s too late when you’re old. You should start now.
Is it possible to quit a job with virtual currency?
It is possible to quit a job with virtual currency. But that doesn’t mean it’s possible right now. It will take some time, so be prepared.
it takes a few years
Leverage trading, staking, and saving are all fine, but it takes years to get on track. Investing is a fluke that doesn’t last long. Therefore, it is unlikely that you will be able to make a stable profit unless you polish your experience and skills. First of all, it is important to gradually get used to it.
Annual Total Plus
In order to get out of the office with virtual currency, it is necessary to first make a total plus for the year. Let’s try it for at least one year. If you’re going to be a full-time trader from now on, you can’t get a total plus for the year. In order to live with virtual currency forever, it is necessary to continue to be positive.
If you have a spouse, children, etc., their understanding is also necessary. Since virtual currency is an investment, there is no guarantee that a certain amount of salary will be paid like a company employee. On the contrary, there is also the possibility of great loss. Please think that the understanding of the family is an essential requirement.
Reason for quitting
If you want to quit your job, the reason may be important. If your reasons are very motivating, your odds of success will go up. On the other hand, those who want to do it somehow will not do well. Motivation often results in results.
Open an account
In order to actually start investing, you must first open an account. MEXC allows you to open an account for free, so you can easily open an account. The article below explains how to open an account, so please refer to it.