Retire early with crypto? Playing with FIRE
Finance blogger The FI Explorer didnt invest in cryptocurrency in order to retire early but unlike many of the newly minted crypto rich, he did set out to retire early. The FI Explorer, also known as Jason, is part of the FIRE community financial independence, retire early where adherents save up to 80% of their income throughout their 20s and 30s in order to either retire early or simply follow their passions.For most of his 20-year journey toward his FIRE target of $1.64 million (USD) which was chosen to produce $65,000 in annual income for the rest of his life Jason directed his savings....
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How a blogger who buys €500 of Bitcoin every month since 2017 plans to retire early, and the lessons he learned along the way. Motivations for buying Bitcoin (BTC) are numerous: a hedge against inflation, financial independence or even hopes for a Lamborghini and life in the sun. For “Mr. ERB,” a keen blogger and Bitcoin enthusiast, it’s all about retiring early. ERB keeps a detailed account of his finances on his blog and spoke to Cointelegraph about his Bitcoin retirement plan.He told Cointelegraph that he first “got interested in Bitcoin in summer 2017,” when a coworker briefly brought....
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Fire Tokens (FIRE) under the trading pair of FIRE/USDT on March 19th at 9:00 a.m. EDT. Fire Protocol is the first infrastructure project built based on the Huobi Eco Chain (HECO). Fire Protocol seeks to build more comprehensive functionality and use cases than other DeFi projects in the marketplace by combining various components on one platform. In the future, Fire Protocol will also be supporting Cross-chain functionalities to....
Senator Cynthia Lummis wants to see crypto-assets become a normal part of the diversified asset allocations in U.S. citizens’ retirement plans. U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans. Speaking during the CNBC Financial Advisor Summit on June 29, Senator Lummis stated she would like to see Bitcoin and other crypto-assets become a normal part of diversified asset allocations used for retirement funds in order to protect the from inflation.“I’d also like to see....
Bitcoin has surpassed the value of gold for the first time. In parallel, Bitcoin’s deflationary properties are becoming more relevant as the specter of inflation starts lurking again in the U.S. and the Euro area. As a result, for many, the thought of investing their retirement savings in bitcoins is starting to gain traction. Planning to Retire on....
Elon Musk, a cryptocurrency advocate, played the proverbial fire with the wife of his close friend, Sergey Brin, who co-founded Google in 1998. The hanky-panky caused Brin to file for divorce early this year, putting an end to the tech mogul’s lengthy friendship with Musk, according to Sunday’s article in The Wall Street Journal, which […]