/biz/ - Business & Finance

>>50877349
That's cool, I wouldn't want to be (you) either from the sounds of it. Different people have different aspirations and drives for life and that's cool. I genuinely do enjoy crypto and know enough from my exposure to it that I can legitimately teach classes on it. So it's not like I'm not constantly staying mentally stimulated and acquiring new skills, it's just not something I'm pressured into for the sake of running a rat wheel.

>>50877398
If you're in the NFT scene you probably know it, but it's not a blue chip or anything. Telling you what it is would obviously dox me though I'm sure if someone from the project came in they'd know who I am and laugh.

>>50877456
Nah, people have this perception of NFTs being a big scam because they don't understand most of the big players aren't even in it for profit. Most of them are already rich as fuck and just looking for crypto friends, and willing to pay lots of money to join exclusive clubs. They made it already, NFTs are like country clubs. So don't feel bad if you ever get into NFTs successfully flip, chances are you're not dumping on poor peeps but just scraping a little frosting from the side of their massive wedding cakes.

Someday people will come to realize this and I'm sure positions like mine will be more difficult to get into but until then it's easy money. I've already made enough to live off for like 10 years if I'm not stupid with it (more if ETH goes back to $4k) so honestly I don't care.

>>50877530
It's a real position (in crypto).

>>50877512
No, this is only if you're trading. I earn an income from crypto. It's taxable the moment it hits my wallet, at the fair market value. It's fucking ridiculous, and it means if you earn $4k in ETH as income, but it drops to $3k the next week, you still owe taxes on the $4k valuation because that's how much it was worth when you got it.