[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 24 KB, 310x326, laughing pepe.png [View same] [iqdb] [saucenao] [google]
3077882 No.3077882 [Reply] [Original]

Just wondering, obviously we have all seen ok/good/great/moon gains over the past few months and years if you're OG crypto.

DO any of you have a plan to jump ship at a given figure? Or are you just gonna hold till 2025 and see where it takes us all?

Just curious. I just want freedom is all. I'm at ~32k as of right now, and i started with 500 euro about a year ago, and contribute an extra 2000 euro around 2 months later. Got lucky with ETH, XRP, PAY and a few pnds along the way.

Ultimately I'd like the freedom to just go by my own clock. ANyways I'm just waffling on now

>> No.3077919

I'd want enough BTC to cash 20-30% and afford a house with it. I'd be happy enough with that. Then keep the rest for future increase and cash-outs.

Not planning on retiring tbqh, unless i wake up and it's literally McAfee land at 500k per coin.

>> No.3077950

>>3077919

Yeah that sounds I have some long term holds, but everything else I do is trade to accumualte btc/eth @75/25%

>> No.3077966

I want to be able to myself a flat without a mortgage. I'm up from £3k to about £20k (high of £45k but I held through a dip like a knob). I have a lot more money to make before I meet my goal.

But then I was thinking, do I really want to have no money floating around after I've bought my flat? I have a full time job but the pay isn't very good. I also want to be able to buy a place to make rental income from, so I'll need double what I originally planned.

I think what they say about you never having enough money is true. I used to work for £2.65 an hour and I was just as happy then as I am now.

>> No.3077978

>>3077882
Atleast 1 million.
Purchase a house for my mother.
Then purchase a Lambo(yes i know the meme).

At $30,000 in 1 1/2 month.

>> No.3077992

You guys should have already sold at 4.4.

Buy in after the crash. No reason to hold unless you like missing gains.

>> No.3078003

>>3077882

Get to mid to low six figures and buy rental properties all while accumulating moar bux

>> No.3078027

>>3077882
If hodls go as planned I cash out half next summer. Not enough to retire but never wagecuck again.

>> No.3078034

>>3077882
whats the best way to cash out large amounts of money?

>> No.3078037

>>3078027
>3078027

Awesome, good for you brother. Im at 32kish so ive got a logn way to go, but this a long term game and a short term game to max profits along the way.

If crypto marketcap ever hit a trillion we'd all be golden lol

>> No.3078064

>>3077992

as if anyone can time the market

for btc the risk of cashing it out is a massive gamble if you do it for the purpose of timing the market

>> No.3078068

>>3078034

Depends where you live I guess. I hear uncle sam is a nightmare for US brahs. Where I live, its withdraw 1300 on top of whatever you put in, plus CGT at 15% at anything in excess of that.

WHo knows though, we could all be buying large expenses with crypto in the future. That's what I hope anyway.

If not I'll just move to the isle of Mann; gonna be cryptocapital lol

>> No.3078125

>>3078068
yeah, there seems to be a lot of withdraw debate when it comes to the US

Island made of lambos eh?

>> No.3078271

"Invested" 60€ last year, spent 60€ on drugs and now still own over 130€ in BTC.

I decided to just hold for now and maybe invest again when it dips and I can afford it but it's more like a game for me.

I don't know shit about finances and I don't really care but everyone is saying that BTC is the future so holding onto a small fraction seems to be a smart thing to do right? Could I still make a shitload of cash with the small fraction that I have right now? I mean, I technically have more than double the money I spent initially despite spending it all.

>> No.3078312

Cashing out everything in 3 years by the time i turn 35, sounds like a good age to retire.

>> No.3078467

Short term goal is to buy stuff from Newegg :3

>> No.3078477

>>3078037
>If crypto marketcap ever hit a trillion we'd all be golden lol
Got that right m8. Good luck.

>> No.3078502

>>3078467

you can already do that since 2014...ffs newfag

>> No.3078517

300k, and then invest in a PoS coin and stake it to make more in a stable way.

>> No.3078532

>>3077882
At the point where I can pay off my current student debt and have the ability to pay for a degree/sustain myself without a job throughout the degree.

200 - 300 grand is what I'm aiming for. Of course more would be a fucking blessing as well. Just want to not in a shithole anymore tbqh. If I get more than I know what to do with I'll be paying off my parents' and friends' debts just so they can have a blank slate. My parents specifically because my dad lost all his money in the housing crash in '08, he's almost 71 and still working

>> No.3078558

My goal is to earn the withdrawal limit every day.

>> No.3078687

I'm sitting on $235k but don't know how to cash out. Afraid I'm gonna mess up filing taxes and get fucked by IRS.

>> No.3078859

Will cash out when I have earned enough to afford a house without mortgage cuckery

>> No.3078881

>>3078687
play it safe and don't spend 1/3 of it

>> No.3079049

>>3077882
GTFO, 500 to 32k in a year?

>> No.3079060

>>3078502
pls no bully :(