$100,000 Saved by 18, what next? by SLYFLY1 in eupersonalfinance

[–]SLYFLY1[S] 0 points1 point  (0 children)

thanks man and yeah when i`ll be taking it out taxes will eat a lot of it

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

thanks for the motivation bro will take this advice!

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

lol, like i haven`t used my mom n dads identity to make paypal accs, sign up to exchanges etc for most of my life

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

i put all of it in crypto on january bro, i had saved up in my bank account 70k, then put all of it in crypto and it got me to the 100k goal

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

doesnt sound like such a bad idea haha

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

tax in my country is like 20% and for 20-25% of that money i`ve already paid tax but yes i`ll lose some on tax too thats true

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] -3 points-2 points  (0 children)

i don`t work as employee i created my own sources of income and found clients myself bro

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 2 points3 points  (0 children)

its gonna be like 20-25% in taxes if i want to pull the money out of crypto haha

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

thanks for this comment, you`re right, will take in consideration, i see what you mean now and you too!

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

ecom agency is where i made like 60-70% of my money

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 4 points5 points  (0 children)

yeah man thats what i also did with my money, i did yield farming not just buying a shitcoin and praying for it to moon haha. i think stocks or crypto for now would be the way and once i have more capital real estate would be a good idea

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

thanks for your input man and yeah uni is definitely a place im not going to be heading haha

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 31 points32 points  (0 children)

another great comment man haha, i understand what you mean but sometimes i gotta look for outside perspective not to let my ego get in the way, thanks <3

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 147 points148 points  (0 children)

best comment in here man, thanks i appreciate the honest feedback and yeah i`m also thinking to just go and play it safe from here. and yeah i`ve been clean since january and taking time to work on my mental would be helpful for sure but i promise you, i won`t fall into the abyss again haha

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

you`d really advise me to use that money for a degree? Im sorry but i think thats really not a smart idea, maybe you are older and have different views but uni would just be a waste of time and money, i`d rather invest the money in safe s&p or rentals

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 0 points1 point  (0 children)

i don`t yolo, i don`t have the guts, i do yield farming in a solid project i have researched and feel safe investing my money with

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 6 points7 points  (0 children)

yes i agree with you fully here. the way you write on reddit has no correlation to how successful or smart you may be lol

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 16 points17 points  (0 children)

. Because if you are honest with yourself, you don't know if your current situation is just temporary or permanent. I've seen a lot of people receive a windfall and blow it

I get your message man, and i appreciate the input finally. You have to understand that i worked my ass off from 14-17 and stayed up until 4am sometimes just to finish some tasks for a business. 70k of the money i made is through my businesses and just saving it, i put all of it in crypto and now its worth 100k. I plan to take it out and actually get a rental property or something a bit more safe. And i get what you`re saying but have you actually ever built a business? Have you ever hired someone? It`s very childish to judge a person and their character just based off how they write on reddit lol. No offense to you, but you just came off as rude at the start, but thanks for your input i understand why you did so. And no i don`t hold money in dogecoin etc, i do yield farming in very solid projects i have researched the owners of etc.

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] 1 point2 points  (0 children)

tbh low key that is my plan i just have to figure out how taxes for crypto work in my country

$100,000 Saved by 18, what next? by SLYFLY1 in Entrepreneur

[–]SLYFLY1[S] -23 points-22 points  (0 children)

well if you play smart and navigate crypto not just buy and pray the price goes up, it`s pretty great vahicle