Pomp, your reaction after saying "Bitcoin has become Wall Street's favorite asset" on CNBC is absolutely hilarious and priceless.
The study you mention in your write-up regarding $1.3 million should not be taken too seriously though. I've been retired since 2021 with a modest income (<$100k annually), but I'm not a millionaire. I'm not even worth $500k yet.
Everybody's situation is different. You can certainly be the master of your money and retire before becoming a millionaire.
Hahaha my investments have not been providing consistent income yet. I have some other streams of income outside of my portfolio. But yeah, God has blessed me!
He’s not wrong. The money was made under 10k. If you want to get rich you need to get the right Alt coin TEL, ROSE, NXRA to name a few solid opportunities…. Sell when you have your amount…. Move those funds to cash account earning 5%+ and then move to BTC on the next Bear Market.
➕ This is the type of thing I've been wondering about and would appreciate reading even more about.
I.e. proponents love talking / dreaming about Bitcoin's price rising many multiples (e.g. 20x) relative to USD but then don't dig into:
What would that imply about the purchasing power of the dollar, how the economy is doing, how the rest of their investments have done, etc.
I'm a bitcoin investor, but I want to keep my head on straight.
Pomp, your reaction after saying "Bitcoin has become Wall Street's favorite asset" on CNBC is absolutely hilarious and priceless.
The study you mention in your write-up regarding $1.3 million should not be taken too seriously though. I've been retired since 2021 with a modest income (<$100k annually), but I'm not a millionaire. I'm not even worth $500k yet.
Everybody's situation is different. You can certainly be the master of your money and retire before becoming a millionaire.
Hey mate. What do you own worth $500k or less that pays you $100k/year?! That’s a pretty awesome situation 😀🤑
Hahaha my investments have not been providing consistent income yet. I have some other streams of income outside of my portfolio. But yeah, God has blessed me!
This is post was kind of a negative view of the future Pomp.
Surprisingly out of character for you.
You're basically telling the public their F**ked.
Would you reconsider refreshing your perspective and offering a positive way to get with #bitcoin?
Stay humble and keep stacking sats.
and remember:
"Bitcoin has no top because the dollar has no bottom" -Max K
The more I thought of his letter the more I agreed. Why even invest if it will all be worthless down the road?!
One million dollars a bitcoin? Why so bearish Anthony?
Wouldn’t the hypothetical investor keep contributing each year to their retirement? Hence compounding interest?
This is the the reason everyone is looking to buy shitcoins or altcoins, whatever your preferred language is, and no judgment if it’s right or wrong.
He’s not wrong. The money was made under 10k. If you want to get rich you need to get the right Alt coin TEL, ROSE, NXRA to name a few solid opportunities…. Sell when you have your amount…. Move those funds to cash account earning 5%+ and then move to BTC on the next Bear Market.