Hello Hive people,
Yes, I have done what most of you are trying to do, I have retired on crypto. I did it last year, I sold some Ethereum and Bitcoin during the highs and cashed out.
If I play my cards right, I may never have to work a normal day job ever again (unless something completely crazy or drastic happens). I finally quit my day job as an ordinary Software Engineer, a career I had for about 25 years since graduating from college.
Feels good Man
(meme image found on the internets)
Yes, this is how it feels.
So..Neo...what do you do all day?
Uh yea, that's a great question. I do find that the day passes by, and I haven't done that much, ha ha! If you want to call me lazy, go ahead. Yea sometimes I take a long luxurious nap in the middle of the day, play lots of video games, goof off, write dumb posts like these.
I suppose Hive and Splinterlands, my Tribe and my city chat group keep me busy. I still secretly and quietly give out loans from time to time, so I have a lot of bookkeeping and customer service type stuff to do. I still research and dabble in cryptos.
I did recently purchase a house and have been fixing it up. Painfully close to being able to move in soon, maybe in a few weeks.
I am very frugal and boring
I bet many here imagined that once I cashed out, that I'm living it up, that I purchased a Lambo, and 20 room Mansion. Nope! I drive a very normal and average car. You'd never notice it on the street. Same with the house, very normal, and small, average place.
I am a financial ninja, hiding in plain sight, I wear no fancy jewelry or fancy clothes, just jeans and a hoodie or whatever. No who sees me knows my true powers.
(picture from https://shadowfoxhq.com)
So...was I lucky or good?
Both I guess? Certainly I was very lucky to have stumbled onto Bitcoin so early on (see my previous post for some hints on that). I purchased and obtained this bitcoin so very very cheaply and then hung on to it, through thick and thin. Riding the ups and downs, continuing to plug away at my dull day job all the while, wondering if Bitcoin would just die, so many said it would. But they were wrong, Bitcoin is strong, and can never die.
One guy told me "as soon as my Bitcoin doubled, I would have sold it." And..that would have been smart. If I had doubled my money, I would have felt brilliant, afterall, how often can one 100% their investment, that's quite good. But I didn't do that, and here I am.
Sorry, I guess this is another bragging post.
You have any advice for me, oh wise one?
I'm surprised that not more people are banging down my door to advice on how to get rich on crypto. A few former colleagues have contacted me after catching wind of what I have done, to ask me something about crypto. One was even former boss of mine, heh.
But really, hmm. I'm sure everyone wants me to say something like "hey if you just buy XXXX coin and wait for 6 months, it will 1000x and you'll be rich". But of course I'll never say anything like that. That's not how it works.
What I accomplished was a process that started in 2010 and has gone on until now (2022), so that's at least a 12 year process. And honestly I think it started before then, I had to be in a position where I was well off, with a good career and enough savings that I could afford to throw money randomly at things, so this really was a life long process.
My advice is to be PATIENT and BORING. That's how I did it. But people are not going to listen to this advice, because it's boring, sorry. Many will instead aggressively trade poo coins and dog coins hoping for faster results. Well, good luck with that.
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Congrats man!
I live by this once I get to the same spot as you, it'd be not just dumb to flash what you owe but also just reckless, there's so much better things one can spend their money on that won't feel like a waste the next week.
Anyway, maybe we should get together and start building some fun things on hive with all that free time you now got :D
Living life!
Got it.
Congratulations 😍
Good to know the time it actually took for your journey, people can use that to set their expectations.
Nice to have leisurely days, too.
Right. 12 years, plus the acknowledgement that he had to be financially stable to weather the bitcoin drama.
Congrats on the retirement. Living the dream that many of us dream of every single day. Getting rich is a long, (12 years is not even that long compared to 40 years in a job and still being poor), and boring process which requires a lot of hard work BEFORE you can position yourself to do just that. And yes, that's boring. But even with the ever fast moving world of crypto, it's the only way to go. Work hard, live small.
Enjoy what you accomplished and be proud of yourself! A bit of luck, but certainly courage, wisdom, and knowledge made you achieve this. Now time to enjoy the boredom of being 'old and retired'.
This is just amazing.
You are such a nice person.
Good to know that you are retired and enjoying your crypto wealth. Its all about patience, which worked out very well.
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Dumb post? Hahaha, this is no dumb and coincidentally I was thinking along this line when I came across your post on Listnerds.
If a person retires with so much money, does it means he/she should starts living large? I believe in the minimalist lifestyle -getting what you absolutely need per time and living slowly!
I think you are doing great and should keep going at your pace. Thanks for sharing! 🙂
Wow. Congratulations @neoxian.
That's awesome and it must feel amazing.
Being patient and borring is what I and my husband are.
We are investing in cryptos but unfortunately we don't have bitcoin and my husband has been in stock market since 2008 so we have done pretty good too but also lost a lot too.
We are working hard and waiting patiently to make some money again and retire in El Salvador, which we also have been working on since 2009.
Our plan and dream is to buy farm land.
Thank you for sharing your success story with us.
Congratulations,
This is so enviable!
Hope one day I can retire on crypto too😀
Hahahaha
Jokes aside, congratulations !
Boring is good. 12 years really not that long. I’m going to stick with crypto and see where it leads me. Thanks for the post.
That's a really long time but it paid off after all..
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"I did recently purchase a house and have been fixing it up" - famous last words.
Dude, that shit never ends. Congrats on your new full-time job of fixing your house lol. I've been working on mine in perpetuity.
Congrats on everything though.
Aha intresting post sir thanks for sharing your life experience here sir. I needed making money is not a night process at all. patience is Worth it some times and sometimes not, keep an eye on the projects you are investing in is a a good things rather than investing your money anywhere. Thank you so much for sharing that sir.
He hee if i will retired on crypto i will move to village and start framing 😊🙏
!giphy great
!PIZZA
Via Tenor
Framing? Probably you mean farming. Right?
Maybe he's a cop.
He should give himself up for framing people.
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he hee I am not 😁
Definitely farming
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Golden frame to this golden comment thread. Haha.
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he hee yes I will start farming, it was a typing mistake 😅
😂😂 Bhattg the farmer 😁
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he hee yes Mr Bos you guess that right 😁
It's a conscious process to investment.
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What's more boring is working in a place where a person gets the same salary and have it eaten it up by inflation again and again. I might have to dayt congratulations to you.
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That is not boring, but rather upsetting. No should not work in such a place. I received a 20% salary raise in the beginning of this year in one of my part time jobs. Approximately the half of that raise is indeed eaten up by inflation, so the actual raise is around 10%.
What's good Boss. You pretty much deserve this retirement. Not surprised at all by you being frugal and "boring". I would say very committed at your goals, and yeah, discipline tends to be boring but that's what it takes. I've learned many lessons from you and hopefully I'll get to a point to retire as well and do boring stuff. Kudos Boss.
That's a lot of patience. While I don't like being boring I sure appreciate your patience.
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Congrats! This is inspiring.
Awesome. you have reached LEGEND status.
Congrats fren
I was boring before it was cool 😀
mmm you are a good example to follow, I hope to achieve something similar in the future, congratulations!
Welcome to the retired life. One thing I have done since I was able to retire was get back into shape. After years of doing the work scene and working crazy hours, my health had really taken a turn. But now, I have all the time I could ever want to focus on getting healthy and now I am healthier and stronger than I have ever been in my life. I am able to catch up on a lot of the really cool video games I have missed out on. And that long afternoon naps are the best.
Good luck and use this time to recharge your batteries. Perhaps after some time you will miss your old and 'ordinary' life.
Everyone is always trying to keep up with the Jones’… “Look what I got… Well mine has this or that…”. It’s just stuff.
Big Congratulations and with you the best of luck in the future.
never imagined that being boring leads to early retirement, I guess all those people that write infinitely long and sleep inducing posts on Hive are well on their way to financial independence :)
Congrats man, 12 years is indeed a long time waiting and if you are holded all that time you truly deserve your earnings! Maybe some day I will write the same post as well! 😉
!PIZZA
Congrats man! Good to see all the progress over the years. I remember when you first started the neoxian bank. Like you, I live a simple financial life and it makes the "retiring" easier to attain.
Posted Using LeoFinance Beta
Fuck yeah. Congratulations.
I love reading these stories.
Congrats. I love to hear or read such success stories. Make the best out of it. 😀
I love this. I might add "forgetful" also. Not forgetting about your keys (no those are kept safe), forgetting about the hype... until one day you find yourself saying "huh, I have a bunch of those" and next thing you know you're buying an island or two.
I suppose financial ninja don't buy islands. Unless it's an investment island you could flip right quick.
Congrats on your big sell, I'm glad to hear not everyone looses in this game!
Wishing you all the best. Hugs. Boring is smart.
You are an inspiration, motivation and aspiration. Thanks for showing us this is possible.
Cheers to an awesome future for you
I also love the lay low kind of lifestyle. I practice it over here too.
I also used the boring and patient tactics to cling unto a coin that crashed from it's first ATH to ATL. Only for that said coin to pump from over 0.09 or there about to 140 usd. Same with some other coins I held during the bull market and that has changed my life financially.
I remember I was mocked and called greedy by some of my friends for not selling during the first ATH. But something in me was optimistic that the ATL was just a dust to smokescreen the eyes of myopic people and short term holders. At the end crypto knows how to reward the patient and boring. It never forsakes them.
Also Congrats on your retirement from software engineering and purchase of new house. It feels good to be a master financial shinobi/ninja.
It is nice to read from you. I appreciate your writeup, it is motivational!
It's not boring at all, I have been associated with crypto for 5 years and now another 7 years let's I can retire or not.
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Good advice Sir. I need to patient. I should just hold some coins I believed.
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I can only say congratulations and enjoy living off crypto :)
That is absolutely brilliant. More than the monetary worth is the bottle needed to actually do it. I suspect a fairly large number of people on Hive could retire now but are too afraid to or think they need more hard cash or set sights on too high a lifestyle as they constantly find excuses not too.
A happy retirement to you living as you choose to live. Choice is what matters.
Best wishes :-)
Congratulations sir. Your story is an inspiration to me.
Noted.
!1UP
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Having been retired three years now, I found that not doing much loses some of its appeal over time. So I read a lot, putter in the garden, learn new skills…
Congratulations, I think that feels so good, being in a crypto world is not easy. especially in analyzing those charts. Glad you had your retirement. Hoping to feel the moment you had soon. Congratulations again.
No crazy or drastic thing will happen to a person who lives such a simple life - you definitely have a good heart - these words sense that.
This is sweet, the life some of us here want to live, eventually live off crypto. Patient and boring is the advice? I will take it with appreciation will working on mine retire on crypto goal.
Well done on your achievement!
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This is what we all want, retire early and enjoy life, like you did.I love the way you write Neo sir. You should post more often sir.
Not sure you need advice, the patience boring and waiting 12 years seems to be key! I have a few years left yet feel confident by 2028 I might be writing dragon retirement articles also! !1UP !PGM !CTP !PIMP
You must be killin' it out here!
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Congratulations!
I'm trying to do the same.
Congrats on a well-earned achievement! I'm in year 5 and hopefully in another 7 years, I can write the same kind of post. I truly believe I will get there with what I have accumulated so far. Hopefully I can continue to add in the down times so when the good times come, I'll be in a position to take advantage.
I miss hanging out in the City but this is my busy season for real-life and I've got to make enough fiat to support my crypto habit over the winter. lol
Incidentally, if you could figure out a way to get NEOXAG to a few dollars you could shorten my time frame... :-)
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Congrats!!
It's a patience and consistency game. you definitely did well and overcame it. Thanks for motivation.
Enjoy that well deserved retirement, I would do the same, swim all day hehe, but I'm not you and I have to keep striving until I get to where you are, greetings 🤗.