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5603687 No.5603687 [Reply] [Original]

How long do you plan on staying in Crypto for?

I'm assuming people aren't planning on turning into millionaires from a $2,000 investment in 2018 so what is your long term vision?

I'm hoping to get a solid portfolio in Q1 2018 which 90% will be held to 2020 (obviously, some things may change depending on news and what happens in the market). I'll then have around 10% to trade just to sate my buying appetite.

>> No.5603809

im 22 rn so im looking at my 2k investment into crypto as the start of my retirement fund

if i accumulate enough to retire by 30, then imma retire by 30

>> No.5603853

>>5603687
Will cash out for a comfy house, the rest is never leaving crypto. Im in Canada so here your money isnt really yours - look up our tax rates. I literally can't afford to cash out

>> No.5603871

>>5603809
Is your strategy to buy and hold, trade?

Realistically how do you see your chances of retiring at 30 via Crypto?

>> No.5603872

>people aren't planning on turning into millionaires from a $2,000 investment in 2018

Ark.

>> No.5603907

longterm I expect crypto to replace fiat, so probably for the rest of my life in some capacity

>> No.5604004
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5604004

>>5603687
First I have to get enough of profit from daytraiding (works fine so far as I've doubled my investment within the last 3 days).

After that I'm gonna fully invest into promosing coins and hodl them for a long term.

The goal is indeed at least 500k. I'm planing on doing this until around 2019 or 2020, depending on how the market will boom.

>> No.5604146
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5604146

>>5603687
>
I'm just staying in, anon. Sure it's for money but it's also because I want to believe in progressing past the tech and the invasion of privacy and money tier structure of the current year

>> No.5604235

>>5603687
What the fuck kind of food is that? If you just want a cheap meal, just get beans and rice. $1 1 pound of beans, $0.80 1 pound of rice, lasts a few days.

>> No.5604326

>>5603809

Canadian here, what the fuck are you talking about? Dont pay any tax, you dont pay shit for poker winnings or sports gambling either

>> No.5604363
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5604363

>>5603687
probably a few more months until I go full criminal kek
>>5554083

>> No.5604437
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5604437

Until I can pay off my student loans, take care of my parents and build a very healthy retirement portfolio. So I figure another 5-9 years, I don't need to hit lambo land I just want to know some basic needs have been fulfilled.

>> No.5604498

Until I have enough of a retirement fund for the future. I'll pull it into safer index funds when it hits more than $500k.

>> No.5604655

>>5604437
kms

>> No.5604690

>>5603687
When I make it I will cash out a little bit and keept the rest in fiat/stocks/crypto equally distributed.

Imagine what happens when we have another financial crisys and we have to save banks..

Maybe people will not accept to pay for the depts of the banks when some CC's are established as a currency.