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Author Topic: Tomorrow you wake up, You got 50000$ in your hand. What will you do?  (Read 811 times)
JayJuanGee
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April 06, 2024, 07:10:34 PM
 #41

[edited out]
True,  those who have already had strong investment and a  working system that feel they have invested enough won't hesitate to spend the money on consumption, sighting the examples you gave that's example of people who have already accomplished major part of the task.
And we won't expect that other guys who haven't built to that stage would also want to spend as them and the neglect the need for investment.
Before someone would have return of 3x,4x and so on already  plan, had discipline to execute those set target of which he is enjoying the dividend, if the reverse was the case he won't have achieved that or if he prioritize consumption, we can't really determine his capital but surely it was a gradual process over years with dedication. In essence let us not prioritize unnecessary spendings over our investment whether the money was gotten free, you can still invest bit, in building  your portfolio.

I am not presuming that a guy has to have any level of profits, such as 3x or 4x or more before he might come to an assessment that he has accumulated enough BTC and/or he mights start to put systems into place in which he can start to withdraw BTC rather than accumulating it.

Of course, being in profits helps with the assessment of having options, but there still would not necessarily need to be any specific level of profits prior to coming to some kind of an assessment that there is enough BTC and some various withdrawal strategies could start to be employed whether those might be something like sustainable withdrawal or like BTC raking strategies as I get into such discussions in my sustainable withdrawal thread.  Either of those strategies require some kind of a meaningful assessment in regards to having had accumulated enough BTC and perhaps even better to come to an assessment of over-accumulation prior to employing either or both of those strategies to your own BTC holdings.
NurseHub
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May 14, 2024, 10:55:49 PM
 #42

The first thing that came to mind was a pharmacy.

Both wholesale and retail pharmacies if the income can stand it. In a very marketing site. 

Employ good pharmacists and nurses; grow it to establish other dreams. 
JayJuanGee
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May 15, 2024, 02:52:41 AM
 #43

The first thing that came to mind was a pharmacy.

Both wholesale and retail pharmacies if the income can stand it. In a very marketing site. 

Employ good pharmacists and nurses; grow it to establish other dreams. 

Yes... work with the hypothetical., and if you don't like the idea of getting $50k, then maybe change the numbers in order to make it more realistic, but there are sometimes that people do end up coming across some cash in a way that was not expected, and maybe it would not be that amount, but it could be some other amount that maybe you could figure out if there might be some kind of a way that you would include bitcoin  in your plans for the money or would you just spend it all on hookers, lambos and blow?
Uhwuchukwu53
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May 17, 2024, 06:12:45 PM
 #44

The first thing that came to mind was a pharmacy.

Both wholesale and retail pharmacies if the income can stand it. In a very marketing site. 

Employ good pharmacists and nurses; grow it to establish other dreams. 

Yes... work with the hypothetical., and if you don't like the idea of getting $50k, then maybe change the numbers in order to make it more realistic, but there are sometimes that people do end up coming across some cash in a way that was not expected, and maybe it would not be that amount, but it could be some other amount that maybe you could figure out if there might be some kind of a way that you would include bitcoin  in your plans for the money or would you just spend it all on hookers, lambos and blow?

That where the problem lies until you reinvest on something that is income equivalent you end up wasting the  money just as JayJuanGee questioned which I concur
Looking at how many investment turn out there is no investment that can match BTC it's best while running other investment consider BTC investment as first even if not first follow in your list of investment, mostly for long term investment it safeguard you in some losses, pharmacy has it loss, such as expired medicine,  and others but BTC keep rising even if when dip occur it will surely bounce back.
madawg
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May 17, 2024, 10:18:10 PM
 #45

Use it to help others unlike most of the miserable selfish greedy ass bitcoin community members.
JayJuanGee
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May 18, 2024, 01:03:39 AM
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 #46

Use it to help others unlike most of the miserable selfish greedy ass bitcoin community members.

Have fun staying poor.
madawg
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May 23, 2024, 10:51:24 PM
 #47

Use it to help others unlike most of the miserable selfish greedy ass bitcoin community members.

Have fun staying poor.

I don't consider myself poor and I would imagine it's no fun being poor   ...hence the reason to help others who  "are poor". I wish to avoid that rich man and Lazarus sort of thing and would advise others to do the same ...before it's too late. Consider it ones Mitzvah.
MeGold666
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June 04, 2024, 11:12:26 AM
 #48

A bottle of 50 years old Glenfiddich and a box of fine cigars.

Easy come, easy go.  Cool
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