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/biz/ - Business & Finance

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14784793 No.14784793 [Reply] [Original]

What's your plan after making a nice chunk of change ($250,000+) on crypto? Even if you've made $100,000 in crypto, you have a good chunk to make that grow in other ways.

Are you still going to wagecuck while you leave your crypto to grow?
-Do you plan on cashing out a bit portion or small portion?

-Are you planning on buying order assists (Property to rent out or flip houses)

-Open up a business?

-Move crypto profits to regular blue chip stocks or other invesments?

-Other?


I want to leave my wagecuck job by Dec 31st. I'm giving myself 6 months to come up with a plan to make my own money and stop wagecucking. I dont want to rent out my time for a yearly salary.

>> No.14784874

Holding till $2,000,000, then will cash out half and retire, investing it into traditional assets. I'll start a business doing something I love to do, not something I need to do to make money.

>> No.14785115

If I get successful in this I’ll use it to purchase a few houses and rent them out, move in one with my wife.

Open up a business, probably a moving company.

>> No.14785151
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14785151

>>14784793
I will live off the staking returns of my LINK stack. No need to ever sell, no need to invest in jewish garbage like the stock market.

>> No.14785272

>>14784874
Sounds like a solid plan. Don't forget about taxes.

>>14785115
I'm leaning towards buying property as well to rent out and eventually flip.

>>14785151
This would be ideal. If staking LINK becomes profitable and could generate a steady income, retiring at an early age and travel the world while LINK brings in the moola would be everyone's dream. You can pull out extra cash to buy property, open up a business. anything to build long term wealth with a passive income