I've been considering living off just crypto.
Just bounce the system and be gone. It's a complicated thought.
There is a tipping point when crypto gains so far outweigh my meager fair that I can not worry.
But there is also the thought that every crypto dollar I spend today will be worth 10x next year.
Do I really want to spend 10x on every purchase in opportunity cost.
Yes, I want to completely opt out of they system, but I also don't want to do it at the cost of opting out of the system in epic fuck you fashion with millions of dollars.
It's that waiting game. I can keep working my meaningless job. Play the part of a drone. Despise all the sleeping people around me while I plan my escape. It's near. But when is it?
What is that crypto number? What's the number for you? I'm curious. How much crypto currency would you need on a hard ware wallet to give up working in the traditional sense?
WHAT'S YOUR NUMBER?
If I would have 1mio Euro I could probably live a good life with just the interest of it. I would not quit work in total but would work when and how I want.
Cryptos right now is just a fraction of my investments. I tend to "play it safe". I have a portfolio with my girlfriend and we will pull some cash out to pay for a vacation. This way it's not just numbers but real value for us. And we stay positive and excited for this investment.
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well you are fuckin awesome and I'm sure you'll have a good life.
I'm glad you're on steemit. You don't play it so "safe" that youre not willing to adopt new things. That's great.
I totally agree with you that it's all about maximizing happiness. This isn't a numbers game. It's a happiness, life well lived game. Stoked to see you go on vacation. I just bought you a cheap beer for your next vacation. Steemit is rad that way. That's why I love the steem and eos blockchain. Frictionless add of value transmitted to people who add value.
Dive deep. continue your journey. life is good.
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Looking forward to the vacation and the beer. Cheers!
My way to play it safe is to only have about 10% of my initial investment in cryptos. A good advice is to never look back and cry over missed investment opportunities. Just don't miss all of them :). And don't just watch numbers - spend your money for things and experiences that last and make your life better.
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That is a really good question, I am not sure if there is a number that crypto needs to hit for me to pull some out. I think when it is adopted and the price is steady it would be prime to live off of. Thinking through the same things. Thanks for the post. Cheers.
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I had someone comment on another post. They said once they hit 1-5 mil they will be pulling money off the table and investing in traditional assets. That makes sense to diversify after leveraging into a heavy position.
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For me personally I am waiting until I am able to earn enough on the steem blockchain that I can pay my bills, save and invest just from my work on the steem blockchain. Then I will be able to escape the corporate slavery. @steem-marketing
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go hard. put real effort now. steem blockchain is on the verge with smts coming out. This is the time to make it happen. cheers.
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Thanks for the advise I really appreciate it. @steem-marketing
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Have you looked into SALT? That is exactly what the platform was created for.
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yes. I like salt. I have some.
I wanted to take out a loan but I want to see how it develops.
What do you mean, this is "exactly what the platform was created for"
Elaborate a little.
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Nicely written needed to read this
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why?
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