05-10-2021, 01:51 PM
Step forward and be the Chuck Norris of dogecoin millionaires...
That's my advice to anyone in the situation to do so.
You can go ahead and give yourself the gift, make it real and just be that.
A lot of people are getting that opportunity right now, and will continue to into the future for sometime.
A lot of people will also fuck up and not cash out, like this guy...
https://www.cnbc.com/2021/04/22/reddit-t...-musk.html
ERRRNNNT, wrong answer sonny.
Wrong, wrong, wrong answer.
Depending on how poor you are, you start looking at shaving some off around $60-80k.
If you're not necessarily hurting for $$$ and you have more than $300k (up to $800k depending on your financial situation), you can start cashing some of it out.
For big cash outs, my rule is cash out up to 75-80% and leave the rest, never part ways completely with a coin...
But if you have so much you just don't even know what to do with it, you need to just take that exorbitant wealth, pay your taxes, put away your "fuck you" money, and fiddle with investing as a side hobby from now on while you live a great life doing other shit.
Some people are scared to go through with cashing out. Afraid to handle all that money, afraid to pay taxes, afraid to be that guy (or gal), afraid things will get weird.
It doesn't have to be that way, and sometimes people let fear hold them back.
I don't have the time to manage a support group but I would definitely recommend if anybody wants to or if anybody knows anybody who would be able to start a support group, there really should be one for these investors.
That's my advice to anyone in the situation to do so.
You can go ahead and give yourself the gift, make it real and just be that.
A lot of people are getting that opportunity right now, and will continue to into the future for sometime.
A lot of people will also fuck up and not cash out, like this guy...
https://www.cnbc.com/2021/04/22/reddit-t...-musk.html
Quote:The next day, under his username iUsedToCallDogeDodge . . . He wrote, “Hey guys I just became a dogecoin millionaire,” and attached a screenshot of his dogecoin holdings on Robinhood, showing a balance of $1,081,441.29.
. . .
“My plan is, once I hit $10 million, then I’ll take out 10%,” he says. In his opinion, “this stuff is going to continue to grow.”
ERRRNNNT, wrong answer sonny.
Wrong, wrong, wrong answer.
Depending on how poor you are, you start looking at shaving some off around $60-80k.
If you're not necessarily hurting for $$$ and you have more than $300k (up to $800k depending on your financial situation), you can start cashing some of it out.
For big cash outs, my rule is cash out up to 75-80% and leave the rest, never part ways completely with a coin...
But if you have so much you just don't even know what to do with it, you need to just take that exorbitant wealth, pay your taxes, put away your "fuck you" money, and fiddle with investing as a side hobby from now on while you live a great life doing other shit.
Some people are scared to go through with cashing out. Afraid to handle all that money, afraid to pay taxes, afraid to be that guy (or gal), afraid things will get weird.
It doesn't have to be that way, and sometimes people let fear hold them back.
I don't have the time to manage a support group but I would definitely recommend if anybody wants to or if anybody knows anybody who would be able to start a support group, there really should be one for these investors.
