Forget the “Lambo” memes and lottery-ticket mindset. Here’s a practical framework for figuring out the and start building your personal…Continue reading on Coinmonks »Forget the “Lambo” memes and lottery-ticket mindset. Here’s a practical framework for figuring out the and start building your personal…Continue reading on Coinmonks »
This is How Much Crypto You Need to Change Your Life
Forget the “Lambo” memes and lottery-ticket mindset. Here’s a practical framework for figuring out the and start building your personal plan.
Farhad Ali
9 min read
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2 days ago
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Step 1: Define “Life-Changing” for YOU (Turn Your Dream into a Number)
This is the most important step, and it has nothing to do with crypto. Before you can figure out how much you need, you have to define the target. Get specific. “Rich” is a vague fantasy. A number is a real goal.
What does “life-changing” actually look like for you?
- **Is number that could actually secure your financial future.
It’s the question that secretly lives in the back of every crypto investor’s mind: how much do I actually need to change my life? Is it one Bitcoin? Is it 10 it “Freedom from Debt”?** Calculate the exact amount you need to pay off your student loans, credit card debt, and car payments. Maybe your number is $40,000.
- Is it “The Dream House”? Research the average down payment for a home in your desired area. Maybe your number is $75,000.
- Is it “F.I.R.E.” (Financial Independence, Retire Early)? A common rule of thumb is to have 25 times…
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