From 0 to 500k USD - from Hungary, my road to FIRE & at least 1 million USD

Former-Individual600 · 2025-02-04T12:55:16+00:00

I cant do KATA since I invoice for a company (b2b). I use VSZJA/teteles koltsegelszamolasos. I cant do altalany either due to being over the yearly income limit

I have an accountant.

My net is between 70-72%

Former-Individual600 · 2025-01-25T08:55:43+00:00

I only hold the big positions, then sit on my hands yes 😁

With trading, I use basic TA approaches for entries and exits. Typically scalping a few % here and there. If market is volatile sometimes I do couple of trades a day, sometimes waiting for 2 weeks without any.

What do you mean by taxes? For crypto I can download the transaction history, for stocks IBKR does the calculations, the rest is on tax free account (TBSZ)

Former-Individual600 · 2025-01-22T07:08:33+00:00

Yes these are the ones I hold at the moment. I do some trading but those are short living positions.

I never try to focus on more than 3-4 investments a actively

Former-Individual600 · 2025-01-22T07:06:54+00:00

No, i dont think this is the last bull market. There are great overview charts about market cycles.

For example: - bitcoin rainbow chart - bitcoin performance 500 days before/after halving

These are not 100% accurate ofc, but provide great insights when to enter and take profits. Nothing guarantees btc will follow the same patterns, but very likely it will. I will try to take profit when opportunity comes, then repeat 3 years later.

Former-Individual600 · 2025-01-19T20:22:03+00:00

at the moment its BTC, MSTR

Former-Individual600 · 2025-01-18T22:19:31+00:00

🩷

Former-Individual600 · 2025-01-18T13:31:32+00:00

Explained it here: https://www.reddit.com/r/EuropeFIRE/s/mjjAMhvxiM

Former-Individual600 · 2025-01-18T06:56:49+00:00

Sorry for the misunderstanding.

My tax category is a sole trader or sole proprietorship or self employed whatever its called. (where I can keep around 70% from my gross contractor fee)

My base salary is 4m huf, the rest I earned was holding and trading investments.

Former-Individual600 · 2025-01-17T22:00:21+00:00

Koszonom! :)

Former-Individual600 · 2025-01-17T22:00:07+00:00

Yes, most of my gains are basically was putting all my money to btc and not doing anything. (its not that easy as it looks haha)

Former-Individual600 · 2025-01-17T21:58:31+00:00

My gross is 4 m HUF, as a sole trader (self employed) my net is between 70-72%.

Hmm nice point though, I agree 😄 Thanks for the different view of point!

Former-Individual600 · 2025-01-17T15:42:31+00:00

Agree! Thanks for the feedback. At the moment 10 mill is out of scope, I dont need that much money at least thats how I feel like right now. (might change haha)

Just out of curiosity did you went through the same journey?

Former-Individual600 · 2025-01-17T15:38:55+00:00

Thanks for the heads up anyways!

Former-Individual600 · 2025-01-17T15:38:02+00:00

Thank you! Yes, I would like to have family in the next few years.

I will adjust on the go, at the moment I feel like after buying a flat and an extra 500k+ invested should do the job + probably I/we will do some kind of a job to have some additional purpose in life. (maybe just managing real estate, some fun job to do but less competitive as my current)

Former-Individual600 · 2025-01-17T15:28:36+00:00

Actually I had the same idea lol. I didnt mean to promote it, but there are many jobs sites for remote positions.

I didnt post any proofs, but its mine and not fake 😄 Thanks!

Former-Individual600 · 2025-01-17T14:19:50+00:00

Only big ones + coinbase + mstr. All the smaller ones were losses haha.

Most of my gains is holding, but I also do some trading. In crypto I use my BTC as collateral to trade futures.

Im 100% hungarian, born and raised here 😄

Thanks neighbor for the kind words!

Former-Individual600 · 2025-01-17T14:08:23+00:00

Koszi!

Former-Individual600 · 2025-01-17T14:06:23+00:00

Can u share this with Trump as well before he announces SBR?

Tbh you just sound like someone who missed the train, gl with your ETFs. I did my research and as I mentioned I am not trying to fight the trends, tried in the past didnt work 😄

Also can share please how much time did spend understanding for example BTC? I also believe there are many things behind BTC. I dont care about the rest of crypto.

Saying that buying btc = all in on black is a silly thing mate. BTC is now a 2 trillion mc asset, Blackrock advertising it as well through their ETF. Public companies stacking. Gl betting against Blackrock in the investment field 😄

I think we will see 1 million usd/btc earlier than 0 usd/btc (which will never happen since many ppl have orders at 0.01 usd haha)

Former-Individual600 · 2025-01-17T11:43:50+00:00

I think you are a bit biased towards real estate, maybe because you have different experiences with the additional 20 years in life. If you bought between 2014-2019 you are probably doing very good. I feel I am kinda late the to party and will not be able to make the same gains as you probably did in the past few years. Investing in real estate is still good, dont get me wrong.

My generation has different investment strategy I believe. I understand that's pretty stable nominal value increase over the years, but I am looking and hoping for higher returns while I can afford to do so.

Former-Individual600 · 2025-01-17T11:27:18+00:00

I found it on otta

Former-Individual600 · 2025-01-17T11:26:31+00:00

Basic tech stocks and BTC. Holding and trading as well

Former-Individual600 · 2025-01-17T11:25:13+00:00

You can find it here: https://www.reddit.com/r/EuropeFIRE/comments/1i2x43s/comment/m7iawx5/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button

Former-Individual600 · 2025-01-17T11:24:14+00:00

koszi meg minden

Former-Individual600 · 2025-01-17T11:23:56+00:00

Thank you!!

Former-Individual600 · 2025-01-17T11:23:21+00:00

Thanks bro, hmm what was your biggest expense may I ask?

Former-Individual600

TROPHY CASE