Cryptocurrencies as a Way to Financial Freedom.

[pacific 2268]

Quote

Cryptocurrencies: Introduction

Cryptocurrencies are virtual or digital currencies. Just like currencies like US Dollars, Euros or British Pounds you can use cryptocurrencies for buying products and services. Cryptocurrencies are decentralized which means it is not controlled by any central authorities or government. Also, no any third parties are involved in its transaction and  there's no chance that its prices can be manipulated. Each and every transaction are confirmed over a block-network and is completely anonymous, so that no any bad actor can interfere in between the receiver or the sender.

 

Cryptocurrencies are at the top of blockchain technology which is secure, and the transactions are carried out instantly over a network. The miners harness their processing power to generate hashes over blockchain, and creates a different block for each confirmation. Transactions are recorded on a public digital ledger in an anonymous or an immutable way, and those encrypted information are stored in all the devices connected to the blockchain network; as of which it maintains the absolute transparency for overall transactions that are carried out. The volatility with cryptocurrencies are more drastic, as there is no any central authorities to regulate its price and avoid the huge fluctuations in price.

 

As being on the top of decentralized eco-system, the cryptocurrencies undergoes volatility, and their price seems fluctuating over specific period of time. The value of cryptocurrencies is largely driven by market capitalization, and investors into it. If investors find cryptocurrency a safer investment, and they bought a good volume, this will create a demand on the market, and its value will significantly rise. Apart from that, if investors find investing on cryptos as a complete risk, there will be less investment/trades as of which fewer people will be interested into it, and lower will be demand and supply of the coins, and this will result in a bear crypto market.

 

Quote

Cryptocurrencies as a Way to Financial Freedom

 

Talking about the financial freedom, it means how we are intentional with the way we are investing our funds/money and also building enough saving or investments so that it may bring us profit and helps to secure our future. Basically, it means structuring the way of earning, so that it works for us in need, accumulating over time and keep us feel secured with our investments. The goal of financial freedom is to stop depending solely on the regular job and paid salary from it, and moreover having freedom on how we can invest our time for money.

 

Quote

Cryptocurrency as a way to diversify our assets and earn passive income.

In general, it's a good idea to hold different cryptocurrencies. As cryptocurrencies are being adopted globally, and being more integrated into our life, like we can pay for the online services like Air-Time Recharge, Online Subscription, Domain, hosting for the Websites, and restaurant bills and many more. With cryptos, we can send funds to a friend living abroad, and this helps to cut off the exchange fees or simply buying a cup of coffee while we are travelling, without having to pay for exchange fees. 

 

The most significant thing about crypto is the ability to earn passive income by investing them on a trusted platform. Just like a stock we can get return, and interest on our investments, sometimes it's even more like we get on regular investments. Meanwhile, if the investment is risky, the return will be higher in cryptos.

 

 

[Kami505030 1617]

Crypto currencies are the digital world and this will rock the whole world. We know crypto currencies will be adopted by whole countries and every financial banks of coutries.

Now according to the current situation digital currency is growing very well and every one is following this method by making an account on different exchanges.

[Hanbal 359]

There is no doubt that cryptocurreny has brought up wider financial opportunities in the financial industry many people have harness it benefit and still it adoption is going viral almost daily in various geographical locations.

[Guru2050 8284]

Since the creation of Bitcoin that has been the imperative coin and driving force behind the promotion of Crypto currencies. 2020 stand to be exceptional in terms of the remarkable achievements and progress made. Masses and numerous countries couldn't hold on to comprehend vast explanation before joining the crypto system amidst the global out break factor. The outcome proves to be positive since the curve remain dominant when compared to fiat currency

[abohasnn9 2401]

My friend is a very good thing to work with cryptocurrencies, so my financial prospects are very, very good in the field of cryptocurrencies. I am starting to earn well and learn in the field of cryptocurrencies in order to win in the end and enter a good financial experience in cryptocurrencies Thank you

[Obliv0n 333]

You are correct, cryptocurrencies, by having a decentralized system, offer the necessary opportunities to be able to enter and obtain financial freedom, in addition to the option to diversify capital with a single click and lately you can buy or pay anything that we can. interest with bitcoin.

[M Shahmeer 331]

Crypto currency are decentralized 

The best thing is that these crypto currencies are globally and these are easy to use and they are digital currencies 

They can be used in every where because their are easy to access and you can do transactions also sitting at home 

They Will obtain financial freedom 

[Dang3r 103]

Financial freedom is something that many yearn for but few achieve, this is where cryptocurrencies stand out, since they allow access to a medium where you can generate a lot of money by making good investments and learning how to make the most of the tools.

[tienda 8776]

I think yes cryptocurrencies will play a high role in the financial freedom, because it will reduce many things like the transfer time and the transaction cost commission. Because the Blockchain Technology will make it profitable and indispensable for the future rapid process.

[chambers 58]

Whoever uses the opportunity provided by cryptocurrencies correctly will someday become finincially independent and these is correct because the boundaries of cryptocurrencies are virtually endless. 

[Khan 1414]

Its true that we can use the crypto currency independently without any interference of the governments agencies or officials and also we don't have to show proof of money.

[Jack764 1841]

Cryptocurrencies have made most transactions take place in secrecy, and no one knows how much money we have or trade with, but there are those who will take advantage of this matter by trading illegal materials and this is what we fear

[yonkii 3205]

On 1/21/2021 at 12:08 PM, pacific said:

The goal of financial freedom is to stop depending solely on the regular job and paid salary from it, and moreover having freedom on how we can invest our time for money.

I was thinking that financial freedom means not to have a government or third party like banks involved with our finance. Bitcoin is not created as a way to make you wealthy in fiat money, it is giving you the freedom to use only Bitcoin and be free to transact without any restriction. At least this is what I understand by financial freedom.

[percare 3192]

On 1/21/2021 at 12:08 PM, pacific said:

The most significant thing about crypto is the ability to earn passive income by investing them on a trusted platform. Just like a stock we can get return, and interest on our investments, sometimes it's even more like we get on regular investments. Meanwhile, if the investment is risky, the return will be higher in cryptos.

There are some platforms that I consider very safe and give way better returns for even sending your USD and Euro instead of holding them to your bank. And this is not even about USDT that may have problems one day, but fiat currencies. Even if someone doesn't want to have crypto exposure, it is possible to just invest the fiat money in the top exchanges and gain interest that banks wouldn't even consider giving today.

[Syedbesharat 5423]

Crypto gives you a good opportunity with small investment where you don't need to meet the standard start with minimum amount and grew it by trading and staking. You will find freedom of finance in no time after sometime you start picking more activities in crypto to earn more.The fiat system have bonded people and people cannot start own business the unemployment rate grew so much. Thus the crypto is world future and people will adopt it for better future. 

[Mohammad2021 139]

Thank you. You are right. The amount of income we earn from here is very good for us. Also many of our financial problems are the result of this so I think it can be our financial freedom.  There is no need or coercion on anyone who can use our case for their own hands so we use it as we wish so it can be said I hope you are right thank you

[Steve11 164]

You're right we can earn from independence from keep to currency on the platform we can earn a lot of money.Our financial problems we solved this.So we are think can be financial freedom.We are hope you are right... Thank you so much.

[M arbaz 294]

Hi my dear. I think yes cryptocurrencies will play a high role in the financial freedom, because it will reduce many things like the transfer time. The outcome proves to be positive since the curve remain dominant when compared to fiat currency.

[Whited35 15285]

On 1/21/2021 at 3:53 PM, pacific said:

Also, no any third parties are involved in its transaction and  there's no chance that its prices can be manipulated. Each and every transaction are confirmed over a block-network and is completely anonymous, so that no any bad actor can interfere in between the receiver or the sender.

I enjoyed while reading your writing. Cool, you have put efforts there. I have just made a line bold from your texts. Actually, that statement is becoming another issue for the discussion and relatable even to the markets of biggest cryptocurrencies like Bitcoin and Ethereum.

Despite the markets of mentioned currencies depend on the crypto community and the backed technologies, whales are still there to play the games in the markets and rest of the members from the crypto community start to notice dramatic raise and falls in the price of the cryptocurrencies. As adoption rates of cryptocurrencies are increasing, whales can still manipulate the prices of the cryptocurrencies according to their benefits. 

[Ridam 7455]

There is no doubt that crypto currency and Blockchain are the way for financial freedom. There are many slogan that are realted to the Bitcoin while its promotion like "Be your bank" which clearly indicate the only to financial freedome is Blockchain based Products.

The Dapps, DExes, all orcales services are emerging and we can expect them to be a way for the the idea you present. Overall with blockchains, Smart contracts, Oracles and Dapps financial freedom will likely happen.

[Ameralsamt 2558]

Of course, my friend, the use of cryptocurrencies and their introduction in all global economic matters is in itself a great economic power, for all countries need encryption and cryptocurrencies to get out of inflation and the global economic crisis. 

[Roarnoman12 621]

Yes it is a freedom from financial problems and we become financially independent by working on crypto if it gives us good amount.

[BhenGhix 804]

Well-done mate. For taking your time and making such nice and cool contribution of analysing the vitality of how the forum wipe out the financial problems.

Your work will though clarified any member who is thinking twice about how the forum actually pays their active member.

Well-done mate. For taking your time and making such nice and cool contribution of analysing the vitality of how the forum wipe out the financial problems.

Your work will though clarified any member who is thinking twice about how the forum actually pays their active member.

[Rozy 1918]

Financial freedom is not an easy thing to accomplish , some people spend their whole life in traditional jobs, spending long hours of their day doing office work and what they get by the end of the month is barely enough for a living. Crypto world on the other hand offers a good chance to earn good money without much effort but with a lot of attention and persistence and it will set you free financially speaking.

[maarcoferrer 1096]

Cryptocurrencies are key in this present time to achieve many things that lead us to success, but my biggest recommendation is to learn to trade in all types of markets, there are systems that work for any market. This will take you to the next level when it comes to making money, because investing in the long term is a slower process.