I plan on taking profits and cashing out a large portion of my portfolio within 10 years. Before everyone here crucifies me, I’ll list two main reasons:
I want security. I’m sacrificing material things now (booze, takeout, material items that I don’t really need) so that in 10 years I can hopefully use the money I saved to either put a down payment on a house or buy one straight up
I want more time with my family. Depending on how well my portfolio does, crypto will hopefully allow me to have some disposable income left over from my number one purchase. I want to be a parent who is present and in the moment with my kids. Hopefully crypto will allow me to have enough disposable income to create some memories through family vacations or getaways
I figure that we will experience at least one more bear cycle (plus whatever we’re in right now) over the next 10 years and I think that’s a realistic timeframe for me to DCA and accumulate enough to get me to the above goals. At that point, I’ll cash out a portion of my profits and start another 10 year cycle with different goals.
I’m curious what other people realistically hope to achieve with their gains in the next 10 years?
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