When I say I plan to retire at age 35 (this year) people look at me like I’m crazy.
As if I’ll sit at home, getting fat and playing video games all day.
When I talk about early retirement, I’m talking about a life where I wake up without an alarm clock, spend as much time as I want with my family, hit the gym at any time of the day, and use my free time to build a business I’m passionate about.
I will always work on something.
The difference will be that I’ll be working on something that I WANT to work on. $XRP
I believe that the Trump administration is manipulating the stock market. Every time it goes down a little bit a massive bounce occurs out of nowhere. Reminds me of when Saylor was buying up BTC. Doesn't seem organic at all. It's literally impossible for a market to do this..$BTC
ive seen too many legendary traders completely lose everything
$10m+ back to 0, and many times extreme negative due to taxes, debt
we see crazy pnls, but usually the portfolios that blow up are quiet
knowing that, risk management and setting up guardrails to protect yourself are key to wealth longevity.
this is what has worked so well for me, if you have any advice, please add!
• left curve / right curve to make a lot of money, mid curve to keep it. know when to go boring. parking money in brokerages, t bills that gain you 4% annually, CDs, savings accounts, etc.
• mental confidence is everything. trading is a very solo sport, the calmness of our mind is everything. you let that go, and greed and fear can seep in. stay neutral always. ive lost a good amount when i win a few times in a row, that can lead to increasing my unit size dramatically. then i miss a few times with +size, then tilt. eliminate that chance.
• bring in other people. as i said, most people try to solo, but talk with family, friends who understand. and not only when you win, but when you lose. constantly talk it out. when i first started trading, i actually used twitter as a way to speak it out. that helped me stay neutral no matter what. helps you take profits too.
• buy physical things. the "stupid sh*t." cars, watches, cards, CASH. ENJOY YOUR PROFITS. but most importantly, you can liquidate these any time later. in a way it's sealing in profits while enjoying experiences. 10% haircut later, worth it. many times, it actually goes up in value.
• also do the smart things. stack cash, add to brokerage, dca in etfs, buy land/real estate, etc.
• enjoy life. this is the most important thing. NEVER EVER forget why youre trading. yes, the game is fun. yes, it feels like a video game with imaginary digital money. but constantly find ways to improve your life. never sacrifice your physical or mental health (for too long).
protect your downside that’s how you stay in the game long enough to win
i know it's not the shiny fun part, but it's the most important part $XRP $BTC $SOL
They can print money. As much as they want. Whenever they want. They never run out.
But you? You wake up at five in the morning. You stand in the cold waiting for a bus. You work until your feet ache and your hands crack. At the end of the month, they take a piece of what you earned.
They call it tax.
Think about that.
They can create money from nothing. You cannot. You pay for it with the only thing you have. Your life. One hour at a time.
A farmer grows food. The government takes a share. But the government could have simply printed the money to buy food. Why take from the farmer?
Because it was never about the money.
It is about the work. Your work. Your obedience. The fact that you showed up, did as you were told, and never asked why someone who can print money still demands yours.
A slave does not choose his labour. Neither do you. You choose between work or starvation, and you call that freedom.