My plan is, from what I gather, similar to Bob's. I'd like to sell just under 50% of my crypto, put the proceeds in stocks, withdraw the standard 4% or so per annum, and let the remaining corn ride.
I will only do so when I can maintain or increase my current income. Bitcoin will be used for cars, airfare, and hookers.
I will only do so when I can maintain or increase my current income. Bitcoin will be used for cars, airfare, and hookers.
I'm reluctant to invest in stocks. This is one of the longest stretches without a crash, and given that we live in a world with record-breaking debt, that's not a great place to be.
Very true, but I wouldn't feel comfortable retiring anytime soon with all of of my money in bitcoin either. It's still too volatile, unless you have at least 1,000+, in which case the volatility doesn't matter as much. And most other investments suck.