RE: "How To CASH OUT?!" - Ask Yourselves THIS Before Worrying About Cashing Out.

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amr008 (67)in LeoFinance • 3 years ago

live off the interest

Exactly , this is what many miss out .

Many ask me , oh if I keep on staking ( as well as stacking ) then what's the point ?

Well reach such a amount of holding where the interests are enough , cashout those .

3 years ago in LeoFinance by amr008 (67)

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hitmeasap (75) 3 years ago

I think it's because most people can't see themselves having enough stake to live off of interest alone.

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offgridlife (75) 3 years ago

I can live off the interest of my fiat already ... crypto is just a bonus.

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hitmeasap (75) 3 years ago

That's amazing.. That is not easy to accomplish.

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offgridlife (75) 3 years ago

Even 5% of 2 Million USD is $100,000 a year. Why ever touch the Principal ?

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hitmeasap (75) 3 years ago

I suppose most people don't have 2 million USD though, but those who have are very likely to live off of the interest.

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offgridlife (75) 3 years ago

Most people do not. Some have more.

_{Posted via proofofbrain.io}

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hitmeasap (75) 3 years ago

That's life in a nutshell.

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