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With enough dedication this all can be accomplished in y1 already.
The cost of crafting fairy dust is diamond (750g) and fairy rose (290g base, no tiller) which sums up to 1040g.
Each level of ancient fruit wine (with artisian since it’s the only way it is going to be profitable)
Bronce= 2310g
Silver= 2886g
gold= 3465g
Iridium= 4620g
From bronze to silver is a difference of 576g. If you use fairy dust you are wasting 464g.
From silver to gold is a difference of 579g. If you use fairy dust you are wasting 461g.
From gold to iridium is a difference of 1155g. If you use fairy dust you are earning 115g.
And by that point you would need to wait 28 days to go from bronze to gold in order to get the profit of 115g per wine.
If you want to see it on g per day earned it goes like this
B->S: 14 days with a total increase of 576g= 41.14g per day.
S->G 14 days with a total increase of 579 = 41.35g per day.
G->I 28 days with a total increase of 1155 = 41.25g per day.
Its technically better to age the wine up to gold since you earn less money per day to age it all the way to iridium.
And that is not even considering the extra hazzle that is to farm fairy roses and wait for crystalariums to produce diamonds, at this point just farm something more profitable than the roses and sell the diamonds.
Also, if you are using the island farm to grow fairy roses all year round, it's better to just grow ancient fruit since those will only take 7 days to regrow instead of the 12 days for the roses.
It's not really important to make money fast since you can't run out of time, so just play the way you want.
If you want to get into the capitalist dream you have to start by planning your every move, if you waste too many steps doing nothing it will def impact your profit the first year.
If you fish do it one time per day unless it's for a restricted fish, once you apply that mentality to everything you save a lot of time which opens up time for more profit.
The most effecient farm layout is 5x5 or 7x7 , sprinkler in the middle scarecrow on the outside west lower corner which covers 8 grids in all directions. Never wine rows or 3x3 period since they require a lot more spaces between farms which is basically wasted space for nothing.
Always buy rare seeds even when they seem like wasted money, trust me they are some of the best profitable seeds before getting the greenhouse and ancient seeds of course from fishing.
If you get all the season bundles done the first year you have done something right for sure.