If you want to achieve financial freedom in the currency circle, you must look at two conditions:
One is your original principal
Second, for you, how much money is enough to achieve financial freedom?
If your principal is 10,000-30,000, then in a bull market, you can earn 5-20 times, and if you are lucky, you can earn 50 times. Then after one round, you will be very lucky to earn 1.5 million, or you may only earn 50,000. In short, you need two rounds of bull markets to achieve financial freedom.
If your principal is 200,000-300,000. In the same way, if you are unlucky in one round, you may get 1 million, and if you are lucky, you may get 15 million.
Most people have to be at this level to achieve financial freedom.
According to what ordinary people say, it is quite difficult to achieve financial freedom.
If the principal is small, it will take at least two rounds of bull markets to realize it. If the principal is larger, it may be realized in one round.
Of course, there are also powerful traders who can make money regardless of the bull market or the bear market. They make money through fluctuations and have their own trading system. They work steadily and slowly accumulate.
Financial freedom is not that simple. It needs to be considered from three aspects: personal ability, time, and principal.
If your personal ability and capital are not good enough, it will only take a long time.
If you don’t have enough time, you can only rely on capital and ability to achieve it. It is difficult to achieve financial freedom in any industry, but the currency circle does not look at academic qualifications or background. There are more opportunities and greater fluctuations.