Now that I sit down and really do the math I realize I’m never gonna fucking make it unless I get spectacularly lucky. I’m gonna have to wageslage forever.
>25 years old >44,000 liquid cash in bank >11,000 in mutual fund >55,000 salary, BS in >Mechanical Engineering >No expenses right now because I live at home
Even if I invest every penny of my liquid cash right now and I hope for the standard 7% return (pipe dream) every year, I’d still only have about 670,000 dollars after 40 years. That’s 40 more fucking years of this bullshit, 40 more years of being an excel CAD monkey doing random bullshit. Plus, I’ll still have a mortgage I have to pay off, cars, emergency bills, I’ll have to furnish my house, buy food, and all the other random things that come into play.
How will I ever afford kids? I didn’t even realize how far behind I was, I’m unironically never going to make it.
All in Crypto with everything you have to your name
Cooper Wood
You have 55k savings plus 55k salary thats great compared to most people in the US.
Nicholas Kelly
>55,000 salary, BS in >Mechanical Engineering get a better job find a gf that works
Evan Johnson
Checked
Thomas Walker
I'm a third worlder o feel you but I'd switch places with you in a second
Nathaniel Wright
user, STOP. Here's the red-pill. You don't have to get lucky. You just have to calm down. That's it.
This year I turned $20k into $750k in 4 trades + 3-4 months. I'm serious. XDAI was the first, and I actually would've made more if I'd have just held.
I want you to seriously take a looked at Bonded Finance and consider allocating half your wealth thee while it's still under IDO prices. Hold to a 10x. Not a 2x-3x-4x....a 10x, at least. Sell HALF. Cash out HALF of that amount. Then wait. Repeat. Don't panic sell.
Merry Christmas. GO, you fuck. Scared money don't make money.
Don't buy scams, dont go all on some uniswap trash and use leverage on it. Legit projects do 10x even 2x
Asher Cooper
better than the majority of 25 yr olds
James Watson
Pay off a house first and foremost. Imagine the money you’ll save when you have no rent or mortgage.
John Johnson
this
all niggerian scammer and pajeets tell you 10x 100x or even 1000x just to lure you in fuck uni fuck bond, fuck link fuck base
Aiden Harris
Yeah and with no expenses because you live at home you're in good shape. You need to diversify and put some in ETFs and the rest in high volatility / speculative bets like early tech stocks or crypto.
Just treat BTC as your savings account OP, we're guaranteed going to 7 figures eventually. With your income you could probably save 0.25-0.5 BTC per year (after the upcoming bullrun) which will eventually 10x anyway.
I'm doing the same thing as you except I have higher income and I started DCA'ing into BTC earlier. It's not too late, just keep at it.
Mason Bailey
Proof. What were the 4 trades?
Adrian Green
This. Do it right now you dumbass. You have the largest generational wealth generating opportunity staring you right in the face. You're 25 take big risks now or you will never make it. t. oldfag
20 year old here, I know jack shit about crypto but I have 12 grand and feel like investing right now would be a good idea
Any tips?
David Morgan
>20 year old here, >Any tips? invest in webcam, find a cute bf, cam on chaturbate. this is the real money transfer, not some memecoins
Camden Nguyen
Just buy bitcoin on squarecash now. Go through their KYC and withdrawl into a hardware wallet like a Trezor or Ledger. Then just sit on it.
Ian Butler
>I have 12 grand and feel like investing right now would be a good idea Buy 1000 LINK That's $12k Should be worth $100 to $500k by mid 2021 or so
Hunter Williams
*mid 2022
Brayden Brown
I'm ugly and not gay so I doubt that would work out for me Thanks, I'll probably go through with this and see what happens. Willing to sit on it for a couple years if that's what it takes. I'm still trying to read up on how all of this shit works exactly. Also, is Ethereum worth looking into as well? Is it better to diversify even if I only have 12k?
William Gray
Are hardware wallet safe?
Carson Davis
>I'm ugly stop being ugly
Caleb Price
Mortgage rates are among the lowest you'll find for any loan. No reason to pay them off quickly as long as you can find investments that yield > 2%
Zachary Martin
Invest in stocks crypto has been done for quite some time
Cooper Robinson
>Also, is Ethereum worth looking into as well? Just buy LINK Everybody here has it. I am.too tired to explain in more detail. But you will make better gains than with ETH and ETH doesn't do much without LINK
Levi Jones
>ETH doesn't do much without LINK delusional linkie