Oddbean new post about login | logout 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