or go yolo 50x leverage long S&P 500 on hyperliquid instead xD.. Btw why don't you buy hype
And this ladies and gents is why 99% of you will never be wealthy.
If you want to be wealthy. It's boring.
Do you know how boring it actually is?
If you won $100m in the lottery, you'd take 3% per year. $3m/year. That's it.
People win $100m and live like they're a billionaire, then in 5-7 years they're in debt and broke.
Worth $1b? Now you've got $30m/year to blow.
Do you know how much it is to maintain jets and yachts?
A 50m yacht, a good one, is about $30-$60m.
Running costs on that is MINIMUM $4m per year. Realistic $5-$6m
So if you're worth $300m, guess what? You aren't even close to being rich enough to buy one.
$5m per year is 1.67% your net worth. You compound at 10% long term. You don't live off 10% because you want to compound.
You live off 3-4% max, 2-3% if your principal is low and you need to compound hard(under $30m. Don't attack your principal if it's low 8 figs.). If it's high and you are more interested in only growth against inflation it can be 4% you live off. 6% and you're not going to grow and inflation will get you.
If you want a 50m yacht you need to be worth at least $600m, and that's if you fucking LOVE yachts, because it's still 0.8% your yearly. That's a LOT. That's about 1/5 your yearly just on your yacht maintenance.
Realistically, $2b net worth liquid for a 50m yacht.
Want an 80m or 130m+ ? $10b+ and only because at that stage money loses meaning and those guys want to win. It's pay to win.
$100m doesn't make you billionaire rich.
$100m makes you "I can live comfortably rich for the rest of my life with zero stress" - $3m/year, own my own $8m home and $3m holiday home and I fly private by chartering.
Wealth is boring. This is why people aren't wealthy. It's not hard. It's just boring.
The alternative to all this?
You have to work. Forever.
Want $5m/year spend? You have to actually earn that, after tax, for life. That's EXHAUSTING.
As I've said, it's not that hard to make $2m total before age 30. It's hard to make $2m a year, every year, for 60-70 years.
Btw why don't you buy hype
And just to focus in on that.
You don't make money off hype.
You make money by CREATING hype.
That means you buy when there's no hype, then you engineer hype.
If you're buying off hype, then you are the liquidity.