I'd love to see your first scenario play out for me, but I have a feeling it will be closer to the third or fourth one. I don't feel like I am positioned well for this bull if it happens. I think even if there was a big sum to be had, I would likely play it wrong and sell too early. I'm interested to see what kind of passive streams I can create. If I do hit it big in crypto it's likely mostly moving into fiat so I can set up an easily accessible passive stream.
Yeah...
If it is big enough, early is fine. But, if not, it is going to be painful.
My whole thing is, to eventually move it out and make it life changing money, it has to be enough that paying the 30% tax on it isn't a big deal. Like losing 300K because you made a million isn't too bad, but losing 30K because you made 100K ends up not being that life changing. At least where I live. Sure it would still pay quite a few bills, but it isn't "life changing".