Levels to wealthy I've observed with people:
$50k: Good job, stressed about money
$100k: Comfortable but lifestyle keeps up
$200k: Starting to breathe
$300k: First real choices appear
$500k: Freedom starts here
$1M+: Optionality is everything
$10M+: The game completely changes
$50M+: Most people get weird
The jump from $200k to $300k is underrated in what it can do
$BTC
Interesting...
Historically, 826 Days after the halving has marked the final capitulation phase into the bear market bottom. Following this pivot, it has taken between 70–110 days to put in the major low.
That places the 826 Day pivot on July 6th, meaning the bear market bottom could form in early September.
This wasn't my base case scenario, but if price pushes higher into early July rather than lower, I'd expect this path to play out.
It would be funny if it wasn't so serious. Police officers responded to a scene where shooting had been reported. They asked a guy if he had a gun. He said no, the officers asked him to "hike his pants." The guy had a .40 calibre pistol that had been stolen from an FBI agent's car two months earlier.
The lower court threw out the guy's conviction on the grounds that he should have been able to walk away from the cops, but didn't because he is black and had reason to be afraid - he felt "compelled." So even though he cooperated with the cops and the gun was found - no can prosecute.
The cops did their job, found a stolen pistol, probably prevented some future crime - but SCOTUS basically sides with the thief.
Gold was a sleeping asset for decades.
When it woke up, it went berserk.
$BTC may have diminishing returns now, but it doesn't have to be like that forever.
The Florida-ness is off the charts.
Elderly man wins $2,700 in Florida Lottery. Takes ticket to Walmart.
Cashier validates it, folds the receipt, puts it in her vest pocket. Leaves.
Man comes back: no receipt, can't claim his money.
Manager checks cameras: caught her pocketing it in 4K.
Cops find the receipt hidden in her car. Her excuse? "Got distracted."
Felony grand theft. Fired. All for $2,700 on camera, with her name tag on, at her job.