Replying to Avatar GHOST

Honest question: #asknostr

How much Bitcoin and traditional finance stuff do you think you would need to actually retire and live off of i.e. FIRE

The old 4% rule doesn't seem to apply to Bitcoin and really fiat too, for that matter, if we assume higher than average inflation in the future.

Using the average Bitcoin CAGR of roughly 70% doesn't seem sound because we know there will be down years and boom years?

Any ideas? nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpzemhxue69uhhwmm59ehx7um5wgh8qctjw3uj7rkaqck

12
Deleted Account 1y ago

FIRE is pretty infeasible to predict especially with bitcoin and inflation involved. Better to just not quit your job in the near term if you are under 50

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