Faz's Crypto Thread

No offense but you need to pick a time over the next 4 years to get out and do so. Eventually, you will be punished for winning and the corporate interests in the space will be rewarded for losing. This is the nature of the American regulatory apparatus. Trump pressure? Trump supporting the crypto space doesn't logically follow into him caring if you as an unincorporated individual are able to maintain possession of those assets.

Im already out to the order of 4 million

No offense.

what are you moving the money into? keeping it as cash? bonds? another crypto?

I have literally no idea

I read somewhere once that you should just keep your new money and do nothing with it for a year so im probably going to put 2.5 million in a robinhood savings and the rest for the taxes or whatever

I do think theres probably an everything bubble

Just do the easiest lowest risk possible shit like savings accounts or t-bonds you only need to pull in 2% a year at those numbers to have a living wage stream of income most places from no work or effort on it whatsoever

This guy is about to post something fron his high horse

Fuck you

Yeah robinhood has max 2.5 million at 4.25% interest rate atm

I will never stop delivering pizza

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Aren’t bonds higher? I though they were like 5% could be wrong though

im so tempted to sell my bitcoin for a downpayment on a condo in Quebec City but everyone ive seen says just hold that shit never sell. fucken if I kept everything I mined from a $600 investment 7 years ago I would have a full condo in Qc xD

are you francophone plasma?

No idea bonds are gay

Many types of bonds are inflation protected with similar rates which will work to your benefit in pretty much all expected sets of conditions compared to holding cash, but its more shit to do. Over a certain threshold of capital who gives a shit any more once its pulling in 6 digits parked. Might as well hire a guy to deal with it at that point if you want more bullshit going on

In any case calc 3 is done (96% in the class) its time to teach myself methods of proof

I really dont fucking understand what any of this flux shit is but thats or why any of this works but thats fine i guess

96% is a bit too high. You're supposed to optimize the amount of material/assignments you can ignore and hit the clean 4.0 or 3.0 grade points. The whole point of learning maths is figuring out a god damn way to use it