Post
Topic
Board Economics
Re: Do you see yourself quitting after this bullrun?
by
kotajikikox
on 17/05/2021, 04:17:20 UTC
"Goldman Sachs banker quits after making millions on cryptocurrency" - That's the headline on one of CNBC article

Quote
~ Aziz McMahon, Goldman’s managing director and head of emerging market sales in London, quit after making millions of pounds from a bet on the digital currency ether, three former employees at the investment bank told CNBC.

~ McMahon is believed to have cashed in at least £10 million ($14 million) worth of cryptocurrency, the sources said.

~ When approached by CNBC, Goldman Sachs confirmed McMahon’s departure but declined to comment any further.

I purposely left out the coins he bought and profited from because it's irrelevant. The guy must be earning big already given his former position but it took investment in cryptocurrency to quit his job.

How about you? Do you see yourself quitting your day job after this current bullrun? I hope you make enough to start with a business of your own.
When says "Quitting" does this mean permanently ? or he was just waiting for another chance ?

because crypto investment is like a gambling and if you once made a Big amount of money then for sure you will return back to try that luck gain.
So basically it is not quitting but just taking out profit.