/biz/ - Business & Finance

$1,850,000 fiat USD is my target. I'm well on my way.

>>29183338
Retire? From a job sure but i'll never stop investing and researching.

I'm quitting my job at 500k, but I can live with my parents for free so it's cheating.
I'll start looking at passive income and buying a house after that.

I'm swinging and holding 'til $1 million, then going to make conservative trades for those juicy 5-figure gains and put the profits toward a comfy rural acreage.

>>29183338
1.6m 100% in crypto. Not retiring till 30m

Nah to retire comfortably you need 32 million

1/2 goes to taxes
1 mill for a house
The rest equates to a $250,000 salary for your remaining 60 years on the earth, which is an upper-middle-class income.

>>29184058
>to retire comfortably you need 32 million
you can comfortably retire with a fraction of that, your idea of comfort is literally just high luxury

>>29184058

Dude you can make 8-10% annually on stable coins without even trying in DEFI and withdraw 1MM(3%) a year without touching the principal and still keep up with inflation.

>>29184268
You think crypto will last forever? Nah, make your money and leave.
And all that your interest rate does is neutralize inflation, it's not a panacea

>>29184058
not everyone lives in stupid burgerland where you lose half ur money to taxes

t. live in a civilized country where capital gains are capped at 12% tax

>>29184058
maybe im just young but I doubt u need a 250k salary for doing jack shit unless you want to fuck prostitutes for the rest of ur life

>>29183338
I just kept going. I'm going for 9 figs.

OHHH MAKIMAAAA
*SNIFFFFF*
I LOVE YOU MAKIMAAAAAAAAAAAAAAAAAAAAAA
YOU CAN CONTROL ME ANY TIMEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

>>29184574
why?
t. poorfag zoomer

>>29183338
Honestly I will never retire from trading regardless of how much money I make.
Flipping shitcoins is just too fucking fun.

>>29183924
>passive income
Pretty much just need to stake some coins.

>>29184642
hello fellow based makima respecter

>>29184393
>thinks crypto is a phase
ngmi

>>29184393
>You think crypto will last forever?

Ah I now see you are sub 85IQ. Good luck you are going to need it. Yes 5-7% to combat inflation while you spend 3%. Its hard to understand what part you don't understand.

>>29184642
i've never read chainsaw man and don't really plan to but she ticks all my boxes and i want to sniff her asshole forever

>>29184646
I don't know, I just find it fun to make money like this. I used to do the same thing in MMORPGs and such. Once I got past a few million trading crypto it started feeling like a video game, and I think it's also the reason why I'm doing so well; I'm very emotionally detached from the money.

>>29184959
You really should, anon, it's really fun. It's note capeshitty, it's not tropey at all, just good damn fun.

>>29185126
Bro, if I get you in on a guaranteed moon will you chip a little my way after? I'm up 3.5x since Sunday but I need way more capital to make it

>>29185295
No, sorry, I'm happy with my current positions.

Obviously you never cash out all your stack, but what if you wanted to cash out a few million to put in stocks or something, whats your guy's plans to handle crypto-to-crypto taxes? Can I just pay the government 15% Long-term gains and hope the government doesn't go after me further?

>>29185548
kek fair enough anon

good luck on your goal, we're all gonna make it

I would but I don't think I'm gmi. I've got 3k link and .5 BTC.

>>29183338
10m USD a year from now is going to be worth <1 USD