Zero To $1 Million Challenge
The zero to $1 million challenge was something I set myself back in November 2021 once the all time highs reared up and revealed my portfolio dollar value. Back then I had around $250K from roughly 44 months work and is the foundation for what is to follow.
Those outside of crypto would not understand firstly how to achieve this and secondly how is it even possible because it sounds too good to be true. Those of us who are in crypto earning daily via rewards and not necessarily trading know this is very much a possibility. Make no mistake this is a tough challenge to accept, but one well worth undertaking.
Like anything in life if you accomplish something once then the second time around is easier because you already have experienced success and have the knowledge to achieve anything if you put your mind to work. I do see the $1 million target as guaranteed happening within the next 18 months if the Bull market plays it's part by seeing the peak later in 2025 and I am hoping for November. This would be ideal giving me enough time to grow the bags even more thus hopefully passing this $1 million milestone. This would have been achieved within less than 8 years with an average earning potential of $10k monthly over that period. How many people can say they have done that and all started from 0 with no investment?
Nothing is guaranteed and why the work has to continue because if it is not made this time around then it will happen within the next cycle. Still it would require a 15 x from here with the current numbers and with a bit of work that could possibly be bought down to a 10 x and why the time is required and essential to unlocking the targets.
$1 million needs to happen first in order to unlock the next target which will be 10 x again over the next 4 years, but I must not get ahead of myself right now and keep things real. When you know you know and these are crazy numbers to even be contemplating yet they are realistic. The 10 x over a 4 year cycle once you have a dollar value is the real part and it is not that tricky either and again is all time related.
The only discipline required is to not dilute your bags by the temptation of cashing out into FIAT mainly because you would be diluting your growth which could set you back years depending on what targets you have in mind. Fortunately I do not need the "real" money and why I can afford to take on this "experiment" full on giving it my best shot. This I see more as a game, but an extremely fun game and why enjoying your crypto is so important.
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Best of luck to you! I doubt I will even be close to that this cycle. It depends on what things I have locked up and what I have available. I've gotta take some gains this time around no matter what.
Yes I will be selling this time around but will plough it back in when the Bear is back in town. I think it is good to take profits and is a must do. I will see how much this is all worth after this cycle because there are some things I need, but I am in no rush and can wait 1 more cycle if needed. One big purchase is a property in Europe which is doubtful within the next 18 months, but have kept my options open just in case.
Do you consider the bull cycle already over?
No. It hasn't even really started and the halving affect takes months before it kicks in. The bull cycle can take a good 3 months before it starts after halving or even longer so maybe by July we should see serious green.
That's right when we make such a good and special strategy then we can definitely earn profit. I have also been following you for a long time. The prices were high but I regret that I could not invest in it due to lack of money.
Rooting for your success in this part. 1M is quite a big number but we will never know at the very least you have set your goals straight and even if times may be rough you will have something to look forward to.
I haven't consider getting a goal back yet maybe I'll start with 1k before the year ends 🙏
This is exciting and inspiring stuff!
For myself, I am probably a cycle or so behind this but it just means that I am possibly looking at the same by around 2030-2032 if I understand things right...
In 2032 I will be 46, which in the grand scheme of thing, I guess pretty young still. !LOL
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No growth depends on so many factors and why you cannot compare. Support varies for every user and if you take out it dilutes your growth. It is dangerous to compare and why you cannot do that. I started out with 8 hours per day on Hive for many years and that is what built the foundation.
Indeed. And you are in a position where you do not need to take anything out... I am not
Look. I am well aware that everyone is on their own journey here... BUT... I carry on for 8 years more I shall be in a great position!
Yes 100% correct you will be in a fantastic position. Time is what is required on the block chain and the only reason I say that everyone grows at different rates. I have been lucky by being able to sacrifice so much time in the beginning to get going. You will get there but do not put pressure on yourself. Selling will be key next year and buying back at a lower price which I would seriously consider because it will help shorten the time line for growth.
Indeed! I am motoring on with that in mind! 💪💪💪