SoundMoneyMoves

@2ToneShawn Do you immediately in withdraw to a cold wallet or leave in Strike to build up before removing m?

Another Pay Period. Another 30% in Bitcoin Automatically Immediately to the ICE Vault 🧊. Simple Strategy. Create Value (Dollars). Store a % of those dollars in Bitcoin. Budget the Rest. Have Patience. It’ll all make sense in 2028🍊. Ignore the Noise.

@wealthrewired8 I think 90% of the time it is rent. Other lifestyle habits then just tip you over the edge

If you earn under 40000 in London, what actually keeps you stuck? Rent? lifestyle creep? not investing? or just no clear plan Be honest I’m trying to see what people struggle with most so I can break it down better

@1031ent @marc02200 SWIFT will upgrade to quantum resistant faster than BTC. That’s the one beauty of a centralised network. Much easier to effect change.

@SoundMoneyMoves @marc02200 Quantum would crack SWIFT first. Then where do all the fiats account flee to? Do they withdraw? Do they buy something else?

If you had $150,000 right now and you are under 35 with no dependents and a stable income… what is the actual argument for not going heavily into Bitcoin? Please tell me.

@Marsgains1 Still buying $NVDA ?

@SoundMoneyMoves I don’t like to underperform so bitcoin not interesting to me, I buy Nvidia instead

Buy $VOO if you want to retire at 65 and stay married to the grind. Buy Bitcoin if you want to bring your freedom date forward. Escape velocity happens slowly with one and quickly with the other. Make your decisions accordingly.

@MatthewSpositi Really is

@SoundMoneyMoves 100% man, X is like a fully time job in itself

To anyone that has a full time job and is also trying to grow a following on X, all I can say is FairPlay. Epic levels of commitment on both sides. Huge respect! 🫡

@CheshireWealth 😂 very true

@SoundMoneyMoves A standard calculator

Name me a better financial tool than a compound interest calculator? I’ll wait.

@onlinebread_ Join the club 😂

@SoundMoneyMoves Guilty of plugging numbers in here at least once a month lol

@onlinebread_ Nice work Jack !

Wow, 100 followers! Thanks all. It’s so cool to meet like-minded people on here. Everyone on the same mission and I must say everyone I have been in contact with so far is a legend!! Cheers all 🍻

@Dirtycups1111 Love the outside

From abandoned eyesore to this. It's how I'm able to stack my sats.

@GrahamCompton Roughly how much are you spending / month to live? I always think people begin to de-risk too early.

Broadly speaking, we stopped adding new money to the investment portfolio since we stopped trading time for money. At this point, the general advice is "de-risk", but our property portfolio does the heavy lifting for our spending. I might be weird, but I still see a market pull-back as an opportunity to buy the dip in our riskier assets by rebalancing from our core. Am I weird? How do you view market dips?

@v96809076 Would happily work longer days for a shorter week

I wish the working week was 4 days, trialing this in Denmark. Would you prefer it? Longer days but no Friday?

@1doddy83 @FrostyInvestorr For sure. Very much agree. I think this all boils down to what does “life changing mean for you” Will differ for all people based on their current lifestyle, wealth, expectations. £2m is pocket change for billionaires…

2m locked in will pay you 120k a year whilst kicking the tax down the road. It’s not life changing but it’s very good. Age comes into it and of course inflation. In some circumstances though you are the richest poor person in the room. Getting to 2m in the first place is the challenge

Is £250k life changing money. Be honest?

Fairs. I guess all depends on your supplemental income. In the context of the original post, is £250k (even if invested in its entirety) life changing, for me the answer would be no. Don’t get me wrong it’s a lot of money. Just not life changing. Even if you achieved a 10% return, is another £25k/year going to materially move the needle in terms of life style for you?

@SoundMoneyMoves @FrostyInvestorr I was just confused with your "would run out quickly" comment. Buying assets and using proceeds for life improvements make total sense.

@TheBTCKnight True. You really do only have one shot at this. The shot gets progressively harder to make.

@SoundMoneyMoves Hard now or impossible later

We are often defined by one decision in life. Bitcoin is mine. I’m okay with however it turns out. What is your one defining decision?

Almost all of it would be invested in growth assets. I would then use the income to pursue the hobbies. The big question is how much of it would you allocate to illiquid assets like homes. I do see the value in having a nice place to go home to, but they don’t exactly create an income

@SoundMoneyMoves @FrostyInvestorr But you'd spend it down rather than invest for the future?

@TheBTCKnight I think it will become clear in the next 10 years. Two more cycles. Absolutely hard now, going against the grain

@SoundMoneyMoves I think in 20 years we will be happy that we did all this. It’s hard now but glorious later.

@GrahamCompton @FrostyInvestorr I wouldn’t YOLO it on material items. Likely use it so I could pursue hobbies more aggressively

@SoundMoneyMoves @FrostyInvestorr Even if you kept your job and current lifestyle for a few years? Are you saying you would just spend it and YOLO?

@Connor973245 @FrostyInvestorr I guess not having to work again is life changing. For me personally, life changing is a stress free material improvement in life style.

@SoundMoneyMoves @FrostyInvestorr If it means I don't need to work anymore then yes it is.

@FrostyInvestorr @Connor973245 So if it essentially covers your living expenses, is it really life changing? Sounds like life maintaining money…

@Connor973245 @SoundMoneyMoves Fair enough mate