How to win at buying a car

1) Buy a used Toyota Corolla

2) Stack #Bitcoin with the money you saved not buying a Lambo

3) Drive till wheel falls off

Be smart and don’t try to impress others. Rather be financially independent and enjoy free time with your family and friends.

2. The ups and downs make me feel something . S&p will never do that.

Thought experiment.

Option # 1

Let’s say you have 10 bitcoin and we hit 2 million in the next few years.

You’re tempted so you sell it for 20 million dollars.

After taxes you’re be left with 16MM.

Which you use to comfortably generate 1.2MM a year in the tradfi markets.

So you take the money and retire.

Bitcoin crashes 60% back to 800k.

For a few years you feel like a genius. You enjoy your new rich person lifestyle.

You even buy back a few bitcoin. 2 to be exact. 20% of what you used to have.

Then bitcoin rises over the next decade to be worth 50 million per coin.

You’re worth 120 million now. And you decide to sell a little over half a coin and upgrade your lifestyle again to be able to generate an additional 2 million a year.

You’re now on paper worth 120 million, you generate 3.2 million a year (266k a month) and you’ve been largely stress free for the last decade.

Your kids will inherit roughly 1.62 bitcoin from you upon your death.

You have some level of regret about not hodling through, but you’ve been largely stress free and the mental health benefit was worth it in your mind.

Vs.

Option # 2

You have the same 10 bitcoin but you Hodl them.

Your stress levels are persistently higher.

You also decide to retire when Bitcoin hits 2 mil, but you decide to do so in bitcoin terms.

Your plan is to sell a little bitcoin as needed in order to fund your lifestyle.

This is roughly 1-3 million sats a month. Depending on bitcoin price.

Over the course of 10 years you end up selling or spending 2.4 bitcoin and are still left worth 7.6btc when bitcoin reaches 50 million.

Your net worth is 380 million.

You’ve reduced your lifestyle in bitcoin terms down to a million sats a month. (500k) or 6 million per year. You’re 46, Assuming you live until you’re 90 you will pass down 2.32 bitcoin to your kids.

You have no regrets about the way you played it, but your stress was consistently higher and there were a few scary months along the way.

Which option do you choose?

1 or 2?

Sooner than y'all think. ⚡

Having dry powder is being short btc

Gm #nostr fam

I’ve got 5k sats to share with someone who can explain why Nostr works better than legacy media apps - and what makes it special.

The catch? Make it simple enough that someone new to Nostr feels purple-pilled after reading it.

🔁 Share this & ▶️ reply to enter.

Best answer takes it.

#grownostr

GM #nostr To the folks who left their username just as their npub key as I did, I’m curious. I always struggle to pick usernames, and when I saw that I was like, that’s perfect! I couldn’t have thought of something better. Why did you leave yours that way? #asknostr #coffeechain

Fasting is anti-metabolic.

I wonder if gold will have a lot of new applications once it is demonetized.

Women like being clean unlike shadowy super coders 😂

New phone set up. Liking it so far! Also using ScreenZen to control app limits and scheduling.

“It really is that simple”

nostr:note12wk973dxz3j6rz7dxnrs8vj2uank8t4lqwh8tgwk346urt6xhzxq93d589

Who’s coming for dinner? 😄

Hahaha my first #foodstr post

Good morning fam ☀️ ☕️ 🤙 sending holiday season cheer 💕 #coffeechain #plebchain