Should he do it???
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nostr:npub103m96sra82w4agghew9cdxtzs4s8sl7qsjsvw6h653yml0gjrkzqefd3h5 wife is now on board to sell the storage business and go all in on #Bitcoin. She wants a hobby farm where it doesn’t snow
Discussion
if he’s willing to potentially hold for ~5 years
Yes. Yes Yes
I will be selling my house and doing exactly that.
Same question here: Amazing Story, some bitcoiners talk about the 10% Rule for retirement with Bitcoin. What do you think about it?
OK, this will be a long one.
Took me and my wife some time to get on board with it. Quite frankly, we have a beautiful 5000+ square-foot house.
Over the last few years, we’ve been putting pencil to paper and thinking we’d be much happier on a hobby farm.
So I bought 12 acres of vacant land to start out with in a rural area.
And i am spending Christmas packing boxes to downsize/move.
So running some numbers I’m about 13 years from retirement however I got to putting pencil to paper and realized that in the next 10 to 15 years I’ll experience the most valuable years of my life. With somewhere between 3650 and 5000 really good valuable days.
I have no idea what bitcoin will do over those next 3650 days but speculate that it’ll out perform the dollar significantly
Then you have the time health aspect of it .
So I spend about three hours per day five days a week or roughly speaking 750 hours per year sitting on a bus . When I’m not on the bus, I’m sitting behind the desk for about 10 hours a day. Office work gives me no reward anymore.
I completely feel health is totally eroding, even though I have a high-end high-paying job . A few hours at the Y each week is just not cutting it anymore.
I can always walk back into the workforce if something goes horribly and I run out of money . Until then, I’m gonna see where this takes me.
Attached you’ll see an image of what I’m moving into initially while I attempt to build a pole barn and a cabin on my vacant 12 acre lot .
#homesteading #touchgrass #freedom 
Depends on what the market appraisal and the balance sheet on the business looks like. And whether you own it free and clear. Passive income from more than one source isn’t a bad thing if you can afford to pay a manager of the business if you move too far away to tend it. The business income might add some diversity and consistency to cashflow during bear cycles. If it’s paid off and you can get favourable interest rates you could conservatively borrow against it to build your stack. Not financial advice. The answer really depends on the answers to the first two questions and how far away you plan on building your homestead. And what the financing looks like on that deal.
Started my journey in 2017 but didn’t have the conviction to buy enough during the following bear market. Move would be 2,500km away so would need to be managed. No it’s not free and clear and almost 1,000 units with ones under construction plus have a silent partner. Been mining and stacking on corp balance sheet the last year but increased price makes stacking a meaningful amount much slower
Yes
Sell the biz if you can but do not forsake the snow. In societal collapse, the hordes will flock to these temperate areas. Snow / freezing temps is a natural barrier that protects the intelligent/hard working/healthy/independent peoples.
I love the summer as much as anyone but year round summer is really horrible.