So you’ve made it biz, say you have made 5 million in crypto roughly...

So you’ve made it biz, say you have made 5 million in crypto roughly. What are the next steps you take to make that 5 million last the rest of your life and retire from? What are the best steps to take user insight welcome

buy the dip

Cash out, pay taxes and invest what's left for 4-5% ROI per year. Live off the interest.

hodl

This or you will probably become very very bored very quickly. You used to have a mission. Adrenalin, excitement all that. Now it's over so you definitely have to look for new stuff to occupy yourself with. The best case would be finding a real wife start a fuckin white male rich family, doing sports (join clubs, be able to afford golfing/wintersports etc. whatever it is you have money you can do whatever you want), charity (not for didn duus; veterans for example). Worst case would be becoming a drug addict because you start partying too hard and waste all your money.

Invest into what for 4-5% a year though exactly? I know nothing of the stock market

Cash out enough to buy remote cabin in the middle of nowhere +pay tax.

Buy physical gold and silver with the rest of my bitcoin and bury it in different locations around my cabin.

Planned on traveling a lot and picking up a lot of hobbies, don’t need a glamorous life but would like to be able to travel at will and not worry for anything

Open up a roth IRA, im 19 so best time to start.

Buy precious metals, big name stocks, and basically look for promosing ICO opportunities.

Just did, making money has never been easier.

Not looking to continue investing in crypto I’m looking for the safest way to make what I’ve made so far last, want to retire now so an ira isn’t really what I’m looking for

Buy a decent house in a country that's currency is worth way less then the dollar and live like a king for the rest of your life doing whatever you want.

5k every year so I retire with close to a mill when im in my 60s? ROTH IRA's are no brainers man, risk free gains.

probably mutual funds

buy an AUDI RS3, an Omega Moon watch, then go to med school

India superpower by EOY i will poo in your loo.

Probably I would buy a new fridge and food too with that money OP

this guy gets it

>Cash out
>Buy mining stocks and a shitload of gold futures
>Wait until the inevitable recession hits
>Flip the gold and the stocks for shitloads
>Buy a load of foreclosures (Thanks recession!)
>Live off passive income from the real estate.

I believe thats the optimal strategy. As for what I personally will do?
>Buy a nightclub
>Live like a nigger for 5 years
>Have an inevitable breakdown
>Move into the middle of the woods for 1 year. Living off the land, bushcraft, real fucking survival shit
>Return to society
>Realise the modern world is a socialist shithole
>Move to japan
>Study blacksmithery from some old japanese dude
>Train as his apprentice for 7 years
>Move back to UK
>use blacksmith skills to make movie props and collectors shit
>Finally have a fulfilling, happy, and worry free existence.

How the fuck did u end up with 5 million? Are u a burger

Thanks will look into this

easy there big spender

sorry I was just exited by just thinking about it

buy lambo, go to imola, kill myself

if you are young, I wouldn't buy a house yet. You don't know the best place to live.
1.5 months in europe, travel stingily
1.5 months in asian megacities, be stingy
Fly back to burgertown
Buy a used pickup, less than 15k for sure
Downsize your belongings to fit in a tow trailer
Use month to month rentals on craigslist / AirBNB to check out:
Bay area/ LA
Seattle
San Antonio TX
Austin TX
Tampa or Miami FL
Boulder or Denver
Raleigh NC
Charleston SC
Boston MA
at some point try the rural life in CO, Vermont, or Norther CA

stop when you find a place you like

Thanks for the tip user that’s good insight, I planned on renting for a few years around the country in major cities to see where I’d like to stay but air bnb seems like the better play here definitely

Talk to an accountant you drooling imbecile

Stop listening to any of these faggets and get your info from a pro. First, you should cash out before everything crashes and your gains are lost. Then proceed to read a shit ton about this and look for forums that are more useful than Biz lol. Find a trustworthy accountant/lawyer to secure everything, but I personally don't think it's necessary. DO NOT BE A FUCKING FAGGET AND PUT YOUR CASH INTO A MUTUAL FUND OR YOU WILL GET RAPED BY FEES. GET INTO AN INDEX FUND

Read these books
- Money Master the Game by Tony Robbins
- Unshakable by Tony Robbins

how does one find better forums?

Thanks obviously was gonna talk to a pro was just looking for some direction to look first and what to research but thanks for the book suggestions man