Post
Topic
Board Bitcoin Discussion
Re: Becoming Financially Free With Bitcoin
by
Carlton Banks
on 27/08/2019, 10:27:39 UTC
  • Invest a % of my Income into BTC (£100,000 / $120,000) - I have almost completed this step
  • Wait for that investment to grow by 5-10x
  • Pull out my profit and invest into residential property
  • Live off the rental income (passive income will be £100,000 / $120,000 p/a)

what if your local gangsterment forces you to sell the property to them, below market value via compulsory purchase?


If Bitcoin goes to 0, then it will be a major setback. It won’t ruin me, but it will take me two years to save up that money again (saving £50k from my £75k post tax income).

this is increasingly less likely

Bitcoin is financial freedom, because no-one can subvert your possession of it. This means demand will always be high, ensuring a high value. Satoshi was no slouch, y'know Wink