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OP- I'm amazed at this question 🤦🏼♂️
Maybe OP lives in the forest and lives off the land. You don't know his/her life.
But with wifi, obvs.
I’m a million dollars in debt but have 3000 ETH.
Dumb question, lacking context
Even that isn't, $750k won't last more than 4-5 years assuming you don't go live in a forest
I would happily retire on 200 BTC considering it will rise to 10k/coin.
I have no desire to live like a millionaire, I only want ~50k a year to live comfortably.
Net worth is what matters. If you/someone have 200 ETH, that is, right now, approx 200*300 so 60k cash value if sold. If you have debt greater than that and no savings, no not financially independent imo. Just depends on all the info
Alsoooo, if 60k is all you have, idc what age you are at, that ain't gonna fly for more than a year if you have family expenses. Like, if you have nothing but 200eth, and you cash out today, even at spending conservatively on everything, ~$1500 a month including bills and all, you have 40 months, so 3 years change.
Nah but 200 btc is
Having once retired with a nice stack size, I now care more about cash flow than the size of my investments. Cash is king. Keep it coming in.
If the market truly tanks you don’t want to sell big chunks of your stack to survive when you should be waiting for it to recover.
This is such an accenture question...
I would retire at about $2.5M if we ever get there
McK2- how old are you? $2.5m won't cut it unless you put in some highly appreciating asset class to feed your retirement. Assuming you would want to live like a millionaire