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🌟 Bitcoin Brilliance: How to live off of it! 🚀

👋 JOIN THE FAMILY: http://www.patreon.com/investanswers 📈 IA MODELS: http://www.investanswers.io 🧠 FREE INVESTOR PROFILER QUIZ: https://investor-profiler.investanswers.io 📬 IA NEWSLETTER: https://investanswers.substack.com 🪙 IA CRYPTO COMPENDIUM: http://investanswers.io/crypto-compendium ⚙️ IA SCP Profiler: http://investanswers.io/scp-profiler 🌐 TradingView Referral: https://www.tradingview.com/?aff_id=27663 DISCLAIMER: InvestAnswers does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. InvestAnswers (James) shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. The content of this video is solely the opinion(s) of the speaker who is not a licensed financial advisor or registered investment advisor. Trading equities or cryptocurrencies poses considerable risk of loss. Kindly use your judgment and do your own research at all times. You are solely responsible for your own financial, investing, and trading decisions.

Comments

Ali Shah

@james - thank you very much for your insights. Have a question related to the point made in the video- buying BTC from the salary of 8K with expenses of 7K. Does it mean that when salary hits bank, one buys BTC from the 8K and then push all expenses to credit cards. Later next month sell off BTC enough to pay the 7K expenses. What if BTC goes down during that time- then how would one be able to pay the expenses( assuming one doesnt want to pay any interest in credit cards) So what would be safe strategy in case BTC goes down more than 1K ( which is the buffer kept). Thanks

OrcinusOrca

I would not do that. Too much at stake. Piece of paper. Make a plan, check when Cedit Card is due for payment so you can outweigh the costs. Never invest all your salary like that. Hhow desperate are you really. Use the 1k max and buy the dip sell at top. Consider tax events, fees etc. My humble opinion. I would only use the 1 k but then part of. Be careful

1NewHousePlease

Where can I find the spreadsheet to start living off my bitcoin ??

J Wierse

Following up on this IA team - thought James said in the video he was going to share a file out. Thanks!