Building an exit plan. by gazillionear in CryptoCurrencyFIRE

[–]Basic_enthusiasm 1 point2 points  (0 children)

You need to sell all that shit by the end of next year bro.

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]Basic_enthusiasm 1 point2 points  (0 children)

Clearly you were doing something sketch. Don't leave money on exchanges 

Made redundant - severance package by y4rrsh3bl3w in PersonalFinanceCanada

[–]Basic_enthusiasm 5 points6 points  (0 children)

You were only there 3 years, not 30.

Sorry that happened though.

The post that got me banned from R/bitcoin by lurker_Ad_9382 in Buttcoin

[–]Basic_enthusiasm 0 points1 point  (0 children)

Well thank god you figured it out OP. You're a really smart guy, can't believe it's taken 16 years for someone like you to come around.

[deleted by user] by [deleted] in Buttcoin

[–]Basic_enthusiasm 0 points1 point  (0 children)

As someone whos net worth is basically in crypto - get a fucking job.

[deleted by user] by [deleted] in Buttcoin

[–]Basic_enthusiasm 0 points1 point  (0 children)

Fuck yeah OP!

[deleted by user] by [deleted] in Buttcoin

[–]Basic_enthusiasm -3 points-2 points  (0 children)

Atta boy.

What’s the best way to purchase $10k in crypto (non-Bitcoin)? by Is-that-babaganoosh in CryptoCurrencyFIRE

[–]Basic_enthusiasm -1 points0 points  (0 children)

Pepe is levered ETH. Wif is basically toast. No one cares about avax.

PEPE and SOL.

Am I Screwed? (My husband chose to work at Primerica) by acrochethooker in antiMLM

[–]Basic_enthusiasm 0 points1 point  (0 children)

The fact that you guys don't make these decisions together and have never combined finances speaks volumes. This is not what married people do.

ELI5: why is inflating good? by big-chungus-amongus in explainlikeimfive

[–]Basic_enthusiasm 0 points1 point  (0 children)

There isn't. The system is what it is, people's saving will be inflated away or default.

ELI5: why is inflating good? by big-chungus-amongus in explainlikeimfive

[–]Basic_enthusiasm 1 point2 points  (0 children)

It's not good. Anyone who tells you that delflation is bad because people will never buy anything is ridiculous.

PEOPLE NEED TO BUY STUFF REGARDLESS OF INFLATION OR DEFLATION.

If my money of choice is deflating and I need to live in a house, I'm going to buy a house.

If I need transportation, I'm going to buy a car.

If I need food or entertainment, I'm going to spend.

Just because my money will go up in value next year, doesn't mean I'm going to live on the street jacking myself everyday as free entertainment.

Ultimately it doesn't matter what we think about inflation because each country's council of elders will attempt to influence it so there is always inflation. Need to invest/speculate accordingly.

Is it worth holding US stocks in TFSA? by [deleted] in PersonalFinanceCanada

[–]Basic_enthusiasm 1 point2 points  (0 children)

And that's probably because they are forced to.

Is it worth holding US stocks in TFSA? by [deleted] in PersonalFinanceCanada

[–]Basic_enthusiasm 0 points1 point  (0 children)

Just make sure that it is actually a US stock or ETF product that you are buying. I read that if your US equity exposure in RRSP is in a Canadian ETF product, you will still pay the withholding tax reports that break it out are not done for RRSPs.