/biz/ - Business & Finance

Ethereum and bitDAO (ticker: bit) anon.

The best financial book you will ever read. bitDAO discord is fire for books btw.

>Not buying ETH and BIT to the point that it doesn't even matter anymore.

Tell me anon. You DO keepeth at least one tenth of your income for yourself and use the rest to keep you and your wife clothed and fed?

I have bookmarked this article and read it at least a dozen times now.
I think its an essential read for anyone looking to avoid or escape wagecuckery:

> https://threadreaderapp.com/thread/1002103360646823936.html


> Seek wealth, not money or status. Wealth is having assets that earn while you sleep.
> Understand that ethical wealth creation is possible. If you secretly despise wealth, it will elude you.
> You’re not going to get rich renting out your time. You must own equity - a piece of a business - to gain your financial freedom.
> You will get rich by giving society what it wants but does not yet know how to get. At scale.
> ..

Whaddya think biz?

I am rich, and my life is empty.
What the fuck do you do all day when you have more money than all your peers combined?

Be me:

> Wake up at 6-7 AM
> Watch Youtube, browse the internet
> Spend 2 hours at the library with my laptop (now here)
> Have breakfast at some decent restaurant
> Head home, smoke weed., browse the internet
> Go lift some heavy weights
> Go home, sleep for an hour
> Go eat dinner in some fancy restaurant (sometimes with friends)
> Hope some friends aren't too exhausted from wagecucking so they can hang out.
> If I am lucky, hang out 2 hours, talk over the most boring bullshit.
> Go to sauna or have a massage if nobody is willing to hang out.
> Watch Netflix until I am too bored, jack off 3 times or so
> Sleep

Then do the same shit again, haven't skipped a day in a year or so.
I even got a second apartment now, so I have some variance and can do this shit in another city.

I mean, I like this money but when does it become less like groundhog day?

I am convinced that anyone with $25k+ in Crypto is going to make it. Within two to five years any of us will be sitting on millions. Lets not debate that, but discuss how we'd be spending that money without becoming one of those overnight millionaires who lose it all three years later. Because the chance of being poor again after gaining that much wealth is bigger than retaining all that excessive wealth.

#sage

Anyone got some reasonable advice how to take profit as ones portfolio keeps increasing? Currently at 40k while my ATH was 180k. Got probably 30k out, but very little to show for it. Ideally I was thinking about taking out 1k-2k for every 10k I gain, but where to invest it?

> book is pretty good btw