is a lifestyle/investment plan with the goal of gaining financial independence and early retirement through savings. The model became particularly popular among millennials in the 2010s, gaining traction through online communities via information shared in blogs, podcasts, and online discussion forums.

Those seeking to attain FIRE intentionally maximize their savings rate by growing the gap between their living expenses and their income, and investing the difference. JL Collins, an author who has been called the "godfather of financial independence," has said:

"Spend less than you earn—invest the surplus—avoid debt. Do simply this and you'll wind up rich."

The objective is to accumulate assets until the passive income from these assets provides enough money to cover living expenses. Some proponents of the FIRE movement suggest the 4% rule as a rough withdrawal guideline, thus setting a goal of at least 25 times one's estimated annual living expenses. Others, such as economist Karsten Jeske, suggest planning for a more conservative withdrawal rate such as 3.25% or 3.5% (accumulating around 28 to 30 times one's estimated annual living expenses) when planning to retire very early.

FIRE has been criticized for its low accessibility, in that aggressive savings and large investment portfolios require a large sum of money to begin with.

Reducing Expenses: Choosing to live more simply, for example by cooking at home instead of eating out, or buying more affordable items instead of luxury products.

Focusing on Financial Priorities: Having clear long-term goals, such as saving to achieve financial independence.

Investing Consistently: Setting aside most of your income to be invested in instruments that generate passive income, such as stocks, bonds, real estate or maybe you can choose Gold & Bitcoin in your portofolio

If I had known about cryptocurrency since 2015, maybe I would have chosen to hodL Ethereum because maybe in 2015 Ethereum was still cheap. And I would definitely have chosen that Ethereum is good to hodl if I had Ethereum since 2015.
It would be a different story for me now if Ethereum was expensive and to buy Ethereum worth 0.1 would also think twice because the price is around 300 dollars. To trade, you also have to have a lot of experience because the increase in Ethereum is very volatile and unpredictable.

Member old = Hold Ethereum
Member new = Trade Ethereum

Kalau hobby bisa menjadi sumber pendapatan utama mu, mengapa tidak fokus disitu saja? daripada memulai hal baru yang kamu sendiri tidak kuasai, bagaimana tanggapanmu?

Quote from: Metha Wulandarin on December 04, 2024, 05:49:25 PM

Ya sama aja dengan kamu mau gratis apalagi yang bermodal gak bisa maksimal gak tau kenapa mungkin karena aku gak bisa fokus ke satu garapan jadi garap nya gak maksimal, seperti garapan dogs dan Notcoin kemarin aku aja itu hanya punya satu akun itupun aku dapat $70 karena reward early bukan murni dari main game nya padahal temenku ada yang punya 10-20 akun loh dan itu semuanya di maksimalkan sama dia.

Kalau airdrop telegram fokus satu akun harus maksimalin dengan bonus referral, saya lihat ada salah satu user entah admin channel telegram airdrop dia punya ratusan referral di aridrop BLUM dan per hari klaim lebih dari 60k hingga 100k poin. Jadi tidak perlu banyak akun cukup aktif share referral saja apalagi dapat referral aktif bisa jadi bonus besar karena konsistensi mereka tetap check daily poin.
Terakhir akunnya mau dijual dengan saldo mencapai 20 jtaan BLUM namun entah sudah sold apa belum, mungkin ke depan bisa dicoba tips ini kalau fokus satu akun cukup perbanyak referral saja.