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/biz/ - Business & Finance

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25422472 No.25422472 [Reply] [Original]

Just sold and made $1,460,000USD off Bitcoin

Quitting my job on Monday, love you lads

>> No.25422538

>>25422472
Why would you quit your job? What will you do after?

>> No.25422550

>>25422472
2021 happens:
> Financial reset occurs
> Hyperinflation occurs
> Switch to crypto occurs

Your $1.46m is not going to buy you anything soon.

>> No.25422580

That's not even enough to buy 1 house.

>> No.25422581

>>25422472
will you enjoy the fiat hyperinflation that's coming?

>> No.25422607

Larp

>> No.25422620

>>25422538
Enjoy life with beloved family and friends. What else do you want out of life?

>> No.25422623

>>25422472
ALWAYS keep 10%. It will 10x in the next 10 years, you'll make even more by not selling everything.

>> No.25422626
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[ERROR]

>>25422472
Godspeed anon. The universe was kind to you.

>> No.25422662

>>25422580
On some countries, 1 million dollars are enough to live comfy the rest of your life

>> No.25422670

>>25422538
The majority of /biz/ is here primarily to quit their job

>> No.25422671

>>25422550
This. The only meaning of selling crypto is to put in bitcoin.

>> No.25422679

>>25422620
That's assuming he's not enjoying life right now with family and friends

>> No.25422689

>>25422538
why the fuck wouldn't you?

>> No.25422694

>>25422550
based retard

>> No.25422695

Your newly acquired fiat is devaluing every minute

>> No.25422715

>>25422472
Well done anon, unfortunately though with no BTC in your possession your entry into the citadel is denied

>> No.25422746

>>25422679
Time is the most precious thing in the universe. Spending more time with your beloved ones is peak human goals.

>> No.25422752

>>25422472
Taxes?

>> No.25422756

>>25422472
BS why the fuck would you sell now? Shit's just getting started.

>> No.25422762

>>25422472
>Just sold
Fucking retard, you could still 10X that money.

>> No.25422771

>>25422538
This

The fuck are you gonna do without a job? You really think 1 million dollars is enough? Anyone knows nowadays you can’t be really comfy without 90+k a year

>> No.25422786

>>25422550
Small holding away from the big city, some boomer rocks and a stockpile of food / weapons. If not a larp OP made it, he can live a modest life off the interest

>> No.25422813

>>25422550
this, probably

>> No.25422825

welcome to the club! nothing like fuck you money

>> No.25422868

I own my own home outright, currently living in Ohio - I worked as an electrician and dumped all my money into bitcoin since I heard about it in 2017, I only made about 60,000 a year so its not worth spending my last youthful years slaving away

Im 31 years old and I think its time I sell my house and travel, maybe find a wife somehow. Parents own their own home so I can uproot and start fresh somewhere.

>> No.25422870

>>25422670
>their job

>> No.25422927

>>25422538
>he wants to be part of a system full of npcs and bitter people waging his life away to try to give it some sense

>> No.25423010

>>25422715
Kek

>> No.25423033

>>25422472
bless

>> No.25423085

>>25422868
based

>> No.25423215

>>25422825
>>25422472

1.4 mm is not fuck you money. What world are you guys living in?

Safe withdrawal rate = 4% tops. While younger it’s even lower. Some use age / 20 as a rule of thumb. Let’s say you withdraw 3% every year...

That’s $42k. Hardly “fuck you” money, considering you need a private healthcare plan. So more like 22k/year after you pay blue cross blue shield.

No westerner should stop working with anything less than 10 million.

>> No.25423312

>>25423215
Or you can cut your expenses. What would you rather do, work 8 hours a day to double income, or not work at all but have less useless things?

>> No.25423522

>>25423312

There are baseline expenses for the modern world, especially if you have a family.

A single person can survive fine on $42k/year with a paid off home, but it’s still not “fuck you” money by any stretch.

>private health care plan
>unexpected home repair
>property taxes
>food
>utilities

Things are looking pretty tight on $42k. Want to have a family? Lmao. You will not survive with that income level.

>> No.25423621

>>25423215
2k a month private health insurance bill.

no.

>> No.25423668

>>25422472
nice fren

>> No.25423718

>>25422538
Buy a house and find a hobby that brings in a little income probably. It’s 1.5 mill so it’s not big money, but with intelligent safe investments he could get away with a modest life.

>> No.25423741

>>25422472
You literally bought the top of the USD

>> No.25423789

>>25422472
why are you selling right when the USD is being printed by trillions?

>> No.25423832

OP if you are serious, put atleast $200 k back in.
We're going to a million probably this year.

>> No.25423949

>>25423522
> family
No I don't, so I guess that's where we differ.

>> No.25423966

>>25422472
Honestly if you're going to retire, do so outside of the United States. You will not want to stay here after 2020.

>> No.25424022

>>25423621

>implying that’s the cost

You can get a $600/ month plan and pay out the ass every time you see a doctor.


Private family plans can easily get up to $2k/mo. My company subsidized family plan at my last job was $1300/mo.

>> No.25424087

Owning any asset in the west is a liability right now, not an asset. The government is going to go after the rich. The only way you can retire past this point is to get rid of US citizenship and live in the 3rd world somewhere. The price of labor is going to skyrocket, we're going to see price inflation, zero interest rates, and social unrest in "rich countries".

That's normal in poor countries, so regardless of where you go, it's going to be the same. The West is incredibly overpriced.

>> No.25424111
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[ERROR]

>ITT burgers think every country on the planet is as fucked as theirs

>> No.25424118

>>25422472
shouldn't have sold all anon when will you learn?

>> No.25424140

>>25423741
usd has been tanking for months retard