Oddbean new post about login | logout Just listen to btc Sessions and the guy from crypto news alerts on YouTube those guys got in btc in 2017 and they can retire if they want. They dont work they produce content because tbey went all in on btc in 2017 and i just mention these 2 because they explicitly say it on their channel
In 5 years? Yes you can
They have more than 1, tho.
Ill retire with less than 1. Its all on how you spend. 2 cycle of hardcore saving in bitcoin will let you retire very early.
If you have no income-generating assets, you have to eat the principle.
A smart person will use the bitcoin capital some of it to create and generate income of some sort. Im gonna take some capital and strat something so i can get paid while my feet are up. I dont wanna start a business with debt. I can start something locally and generate great income but i dont want it with debt. Will i be able to ever do this i hope i will just cant break my own rules and keep tackling the goal.
Rare, if true. Most Bitcoiners I encounter seem to be anti-investment. They just want to hodl forever, since hardly anything can beat Bitcoin's returns and investing risks the principle.
Yeah, I'm not successful. I don't have a career those that wanna hold forever, they're successful and have a career and make I don't know $8000 a month or more Im Nowhere near that I'm just a regular Joe schmo that understands Bitcoin, and I put all my wealth in it. So in the future, I can have way more purchasing power. And by my time back and start a little local business