Discuss.
>>58425019>100x>10x>10xthe first one retard
>>58425021In percentages yes but running up to 100K is easier than getting out of 6 figure hell
>>58425023absolutely delusional. It might just feel that way because you made it to 6 figure hell during the bullrun, and then crab around it during the bear making it feel way longer
>>58425029This. I never understood the whole 6-fig hell thing. 10k to 100k is a 10x, and 100k to 1 million is also a 10x. It makes zero sense. Schizo me says it might be a psyop from glowies to make you feel like you're poor when you're actually doing better than most of the population.
>>584250191k to 100k is easy, just get a fucking job100k to 1M also very achievable with a job, some wise investments and patience1M to 10M only for real investors
It's a pretty easy calculation. Assuming an average person, with a slightly above average job, sticking away £20000 per year, 1m to 10m takes the longest.
>>58425023>running up to 100K is easierno
>>58425086Get a job.
>>58425050>I never understood the whole 6-fig hell thingit's a joke>>58425077>just wage for 20 years bro
>>58425087I'm at 7 figures, citybo
>>58425090Great, you'll have no problem explaining, with facts and figures, how 100k is harder to get to than 1m or 10m then.
Just going by hardest ie. amount of work/effort you have to put in 2 > 1 > 31 you have to work to build up, but so long as you are semi-competent you can get to 100k it's just a matter of time. Plenty of people could start from 0 and have it within 2-3 years just from working. Any big expense could totally get rid of your money.2 is either like being a normie wage slaving your entire life, you basically just have a savings account and any big purchase you make will be a significant cut of it. (buying a house, car, medical issues etc.) If you went all in bitcoin you'd probably do it relatively quickly but then you'd not have any extra3 is easiest, you'll have enough money at some point you don't need to work anymore, any significant expense will probably be < then your annual return so won't impact your fundamental worth. Could put money in higher risk higher return bets without impacting your living situation, just like 50/50 bitcoin and s&P (or 100% bitcoin) you'd probably have it within 5-10 years. 1 is just easiest in general because you can just work. 2 is hardest because you can't really just work, any you are extremely vulnerable to shit blowing up and putting you back to 0/1. 3 is way easier then 2 just because you have so much less risk of getting screwed over, and any investment you'd do for either would basically have the same things involved. 1m+ you'd probably also have a ton of assets you can take leverage on to buy dips.
>>58425023Youre out of your mind
>>58425019Anyone who thinks 1 is not the easiest is not only obviously sub 6 fig net worth poor, but also very stupid and ignorant of liquidity.>>58425021>>58425029>>58425050Like this broke motherfuckers, most likely sub 5 figure portfolios talking about shit they know nothing about.>>58425023>>58425099Correct
>>58425103Even if you're the brokest of bitches and put away $100 a month, 1k to 100k is still the easiest.
>>58425021>>58425029Fucking hell you are retarded.By your logic $1 to $1000 is even harder than 1k to 100k
>>584250191m to 10m is super hard because now you're scared to lose it all and also you can't just go retard mode on super low caps.
>>58425023Sure it's harded, you stipid ape. What can you do with a fucking dollar? How can you turn it into $1000? I would say, harded is not the right word, it's almost impossible.
>>58425109>>58425110
>>58425077By the time you get to 7 figure hell, you are not donking your stack into low-liquidity memecoins. You're heavy into big caps -meme or otherwise - and only playing around in the casino with small amounts. 8-figure valhalla is a long game.
1k to 100k. Easily. It's hard to get any sort of machine rolling on a 1k budget, and it has to work efficiently enough over a short enough period of time to multiply itself by 100. 100k to 1M is where people start fucking up by taking dumb risks. 1M to 10M is so easy that it can be done by braindead people over the course of a few years.
>>58425084Once you get up to $1m your investment options widen significantly. My direct investments in private businesses have averaged 19%/year, this is something that sub-m stacklets do not understand. My access to credit allowed me to slurp 3 rentals in 2019 & 2020. 28 now with $4.8m and should hit $10m by 33.
>>58425021I -uh I did the first one on the first 3 months investing in $orbs. Getting from 100k to 1M is hard as FUCK tho
>>58425019The more money you have the harder to increase it because of liquidity issues. It’s why the most wealthy invest mostly in blue chips because if it 2x their 1 billion to 2 billion they have enough liquidity to cash out whereas a shit coin play of like 100k investment they could turn to 10 million but that is small and not exciting for the ultra rich
>>58425376This is the right answer. That's why you wont see big banks in hong kong investing in apu or whatever, they go for alts (agrs, theta, wlc, link, avax, ada) and even that's a risk bc most alts are quite variable in their prices. ETH and BTC are unironically a good store of value and the reason most millionaires dont bother with shitcoins
The first million definitely