This question is for those people holding $BTC and other huge crypto assets. if $BTC later reaches $1 million, will you retire from your work or still continue to work?
Asking this question because of what i saw in a friend portfolio and he claimed if it later reaches certain amount he will finally retire.
Making the decision to retire is a decision that needs to be considered carefully. You need to consider whether the assets you have are able to finance your various needs in retirement, be it for daily needs, health costs, lifestyle, or other costs. So what your friend said, that he will retire when the price of the assets in his portfolio reaches a certain amount, maybe he has a total asset that he feels is sufficient to finance his retirement, or he just said something he doesn't understand.
For me, even if Bitcoin reaches $ 1 million USD, I will not decide to retire from my job. Because I feel that it is still not enough and as long as I can still make money, why do I need to stop? It is better for me to keep working, and then I use the income from it again to invest, build a business, and various other things, which can generate more money. I only retire when I feel that it is enough and my body is no longer able to move as usual.