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There seems to be a bigger game in play with all the pump & dump since the Trump era begin..
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3200 Bitcoin! That’s cool. Going to be increasingly difficult to be a whole coiner
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Yeah! They're mirroring Saylor's Strategy. They are Japanese so can be very big like Strategy for Asia at some point.
Anyone can be a wholecoiner, it only requires hin to dump everything into it, haha. I don't think right now it's so difficult. $80k is what a person in developed nations make in a year.
Although, for me living in India 800k (INR) is like 10 years salary!
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Yeah it sounds easy but I know I can’t dump all into it and very hard for people on average salary in India as well as most countries I’d think
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very hard for people on average salary in India
It's a myth. In India we can also buy things much cheaper than developed nations. For example US people are buying 12 eggs for $6 these days, we buy 100 eggs with the same. Rents and Travel are much more expensive there compared to India. And most of the services, they are incredibly costly. So, it's very much manageable if you're earning $10k/year in a town in India. But yeah, $20 k is more than sufficient. Anyone will feel like wealthy if he earns $15 to 20 k yearly.
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That’s interesting! But I meant to be a whole coiner as you said average of 10x salary
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I said it shouldn't be difficult for people earning $100k in a year.
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Yes but you need to take out the costs for existing out of that as well and there would be lots not earning 100k a year. I earn 100 odd a year and we have next to no spare money to invest after housing , food , utilities and 4 kids
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Yes, you're right. That's what I'm saying. In India, may be because of the less lavish lifestyle and lesser prices of goods and services, the situation is better even if people are earning a lot lesser than developed countries.