Post
Topic
Board Economics
Re: Do you see yourself quitting after this bullrun?
by
Argoo
on 01/08/2021, 19:12:53 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.
Apparently, he had large sums in circulation. They are the ones who can bring big profits, which will be enough to switch to a light business with little risk. Unfortunately, most of us do not own such large amounts, therefore, our profit is much smaller. And this means that while we are in cryptocurrency and try to catch and realize that almost the only chance in our life that will allow us to have financial independence.