Ok, my mini panic is over (I always have one when we start a sharp descent).
Im over invested to fuck in bitcoin but I believe in my baby BTC. This is all just noise & long term were all going to be very wealthy. I may panic at times but I havent sold a single sat & I will not.
#stronghands
HODL
Still kinda bummed I bought £1000 worth at $7600 yesterday - 12% Discount if Id have waited
What do you consider wealthy?
1 million
5 million
10million....
For me personally 5 million is enough to live a nice, comfortable, enjoyable life.
You can make a bigger impact and legacy with $500million than with $5million. Think bigger!
I have made the argument several times about bare minimums. Of course, more is better, but even with $1million, you have a passive income of about $3,333 per month (which assumes standard investment principles to be able to withdraw 4% of the value per year without eating into principle). So double that to $2million and a lot of peeps can live pretty damned comfortably off of that in many places of the world, even in the west.