And this right here is why you should never sell for fucking fiat trash. If you go back to fiat you dont deserve to be here. Lick your government boots and be happy.
Discussion
How would I feed myself and my family without FIAT?
coinsbee.com, coincards.com, monerica.com. i have been feeding myself with crypto since Jan 2023.
The way I'm doing things rn, I can catch a glimpse of myself living like you do someday. I just don't fully know how yet.
Have you ever had any problems with the volatility of BTC? I imagine all your income goes to it.
I only use Monero and what I do to avoid the volatility is to calculate my expenses at the lowest possible value so that it's at that value or below. As an example, Monero is currently trading at $123, but I calculate my expenses using $120. Not all of my income goes to it quite yet because I have not figured out how to do things like pay mortgages and things like that that require ACH style bank transfers but anything that is payable by card I can do. If I were doing this with Bitcoin, I think I'd calculate my expenses at about $50,000. That's overestimating your expenses by about 25%. Which means that it would have to fall 25% to even hit the level.
This is very interesting, I'll come back at you with my own experiences in the future.
I've already came to the conclusion that keeping FIAT around without any purpose just makes me poorer in the long run. I don't transact with it yet though, gotta do the math first.
Boot lickers be like: but it tastes so good though