Should I disappear?

Made 7 figures, single, 30s, incel, autistic

My family is broke, parents are in their late 60s and renting, sister is married with kids, but they have no hope of ever buying a house, they cant even save money for a deposit, my brother married a girl from a "well off" family, so my brother is doing okay purely based on the fact his wifes parents gifting them 6 figures worth of assets.

That said, my sister and my parents constantly stress me out, all they talk about is how financially fucked they are, and its all their fault for NEVER investing, and REFUSING to learn and they treat me like shit to blow off steam from their shitty financial decisions, and not only that they yell at me anytime I try to help them understand what theyre doing wrong and did wrong

At what point do I just leave the country, go to a place where I can withdraw crypto tax free, and just start my own life?

My family is basically broken because of a life time of poor financial decisions and ignorance of how the monetary system works. I tried explaining them what inflation is, how money is printed, how you need to have been investing as soon as possible, or you get left behind, and they just look at me like stuffed mullets and say its too complicated for them to understand

I just know if Im around my family Im going to inevitably be burdened by them financially and the question is, as a man in my 30s, how bad is it if I just disappear from my family and go start my own life in another country, away from the constant stress of dealing with a broke and poor and financially retarded family

inbefore: Why don't you cash out now where u live and help

1. tax here is insane, like 60% on crypto gains over $20k, so 7 figures would be cut in half if i cashed out all at once, right now i just cash out below $20k/year to keep me tax-free

2. if i give them money, it will 100% end up spent on stupid shit, and it would all be wasted, my family cannot be helped to understand the concept of not being poor

how good are you at being completely and utterly alone for decades at a time?

Pretty much doing that here 80-90%

go for it then.

Or do what I did. I moved out. My parents knew exactly where I was so they didn't worry. Then I just spent more and more time by myself or with my friends and less time with my family.

that way you get a feel for what it's like without people worrying about you and without burning any bridges right away.

you don't have to cut them off completely. Normal people just move out and go do their own thing.

how bad is it

What the fuck does that even mean? If you love your family, help them, if you don't, fuck em. You'll just have to make a choice there

Where would you even go bro?
Also you're living my dream life, completely disappearing and blasting gear in the mountains or something for the rest of my life alone would have to be one of the best decisions ever. Maybe one day.

If your family is treating you like shit why are you even still entertaining their bullshit

you could move to a cheaper country and buy an estate there, and tell your family if they want to leech off you come live with you (they won't). That way your conscious is clear knowing you offered to help.

set up your estate so they get nothing in case of an emergency, bang whores til your dick falls off or you run out of money, then if youre still unhappy just kill yourself where nobody will ever find the body

it's not really fair to say if he doesn't help he doesn't love them

most adults have some relatives we just can't afford to help. We still love them, but we can't be going bankrupt every year buying stacey's drugs or whatever.

I lost everything 2 times before I made it. Anyone who tells you its luck is extremely ignorant. I had to lose everything twice before I finally understood what to do to keep making gains and maintain them. The fact you think its luck tells me you have never actually gone through 10 years of crypto.

Are there any places you can cash out crypto tax free in Europe though? I remember many years ago Portugal being a place people moved to for tax free crypto, is that still a thing? I remember Bitcoiners doing that in 2017

if you lost everything right now, could you make it back again? Can you continue to make that same money year after year for the rest of your life?

you got lucky.
You might understand crypto right now, or last year, but that doesn't mean you understand finance in general or even crypto next year.

I wouldn't lose everything right now because I already made every mistake over the years.

a quick search led me to this page: digitalnomadtax.eu/crypto-tax-free-countries/

I'll take that as a no

At what point do I just leave the country, go to a place where I can withdraw crypto tax free

That is "nowhere" my man. Assuming you're American and didn't leave the country before your buy date, you'd owe exit tax.

Unless you're running away forever, but you'd need a second citizenship minimum to even consider consider that (dumb) idea

I wouldn't use leverage, so I cannot get liquidated

I wouldn't use any lending or staking program for APR on my stablecoins because they often get hacked or rug-pulled by insiders

I wouldn't ever store more than a few thousand dollars on hot wallets

I don't sign wallet transactions on random websites

I don't have any emotional attachment to anything I buy so I don't get stuck bag holding anymore

I make very few trades a year, and those few trades are with size and always in something that is extremely probable to be successful

I dont go looking for trades, I wait for them to come to me

I dont have any FOMO

Exit tax on something they dont know exists?

you're being too literal

I'm asking if you can scale and reproduce your supposed genius or if you just got lucky.

your family sounds like financial imbeciles.
so do you.

your ability or inability to continue making lots of money doing nothing is going to factor into your decision to mog your family and move away for life.

If I'm at say...1.2M and still have a 250k/yr remote usa job, should I look into europe? I'm a usa-italy dual citizen actually.

I am in Asia banging Asian chicks ngl

I dont feel i have enough to not work, but I have more than enough to own a property outright while still having a nice portfolio. Can pair that with a chill enough job and be set

How do you research cities/towns? Which countries would you start with? I've never been to Europe outside of Dublin and that place as low mid af

Technically, yes. I'm leaving that one up to you though. You sound pretty confident

lmao. Its very easy to scale with size with Bitcoin. I will be well into 8 figures next cycle.

I am in Asia banging Asian chicks ngl

disgusting
stay there
you don't belong in Europe

carry on then

it would suck to move out and then find something changed and now you're broke and have to come crawling back to the idiots you disowned, begging for help.

it would suck to move out and then find something changed and now you're broke and have to come crawling back to the idiots you disowned, begging for help.

speaking from experience here

At what point do I just leave the country

now fuckface, that time is now. get the fuck outta dogde until you've acclimated and setup a defensive perimeter. get a second and third passport in the interim. understand, these people will drain you; they can't help it. you know what would happen if you gave them 50k? that's right, i'd be gone in six months.
youtu.be/jX2l5GdB6sI?t=4886

wot happened

i just cash out below $20k/year to keep me tax-free

that'll go far in se sea

nothing

I fought with my parents and moved out
Because I was an idiot kid I quit my job and asked my parents if I could move back in and they said no. I asked if I could camp in their garage and they said hell no.

after that I did fine, I was homeless for a while. But the embarrassment of having to beg them for help and getting turned down has stuck with me for life, and I almost never talk to them.

OP says he made 7 figures but that's not nearly enough unless he can keep right on making more.

you don't belong in Europe

Reel me back in

before I finally understood what to do to keep making gains and maintain them

...and that would be...

by fornicating with subhumans, you've irredeemably disgraced, degraded, and ruined yourself

first thing you need to do is stop thinking of yourself as better than your family just because you made more numbers on a screen. this will go a long way in your self-improvement. you also need to stop pointing out mistakes and instead focus on what they can do now to improve their current situations. if you know they're financially retarded then telling them to invest is retarded as well because they'll just buy some retarded rugpull coins. maybe help them manage their finances better without just saying

should have bought btc when i told you to

OP says he made 7 figures but that's not nearly enough

How is that not enough? He can buy property and put the rest into S&P500 or BTC or rentals and make enough money after inflation to pay bills in almost any country in the world. If you disagree then have fun being delusional with the rest of the Anon Babble fuddies.

over a long enough time line accidents, emergencies, and life changes will happen.

it's childish to think even at 30 you've got enough money to last the rest of your life. That's potentially a very long time with very likely some huge unexpected expenses along the way.

Why not just save us all some time and write "I'm retarded" instead of this slop. If you don't know how to retire on 7 figures you're simply retarded.

OP wants to be single for life

He never wants to have kids

His shantie in SEA will never burn down or get toppled in an earthquake

OP will never become seriously ill

OP will never get robbed

optimism of youth. And I love the insults because I don't even have to pay you back. I know for a fact life will teach you this lesson eventually without me lifting a finger.

Again, it would be a lot faster if you simply told us all that you're retarded.

Ironically enough it's exactly your childish financial ignorance that got OP's family into the mess they're in.

he's literally complaining about morons just like you

This.

Yes, my friend, SEA villas are shantys made from sticks and stones and there are russian gangs waiting to rob OP at every corner. You need a gorrillion dollars a year to have a wife and kid and insurance and countries with free healthcare don't exist... Is it fun living inside your own brain and never touching grass?

do it and check back with me in a few years

I've already tried it, I know how that turns out.

if you're really unlucky you'll make it to 60 and then get wiped out and find yourself working at the exact age you should be retiring.

I retired in 2002 on 1/4 million US

it was easily enough to retire at that time, and I lived quite comfortably.

now it's not shit. Because inflation eats into the value of your savings AND your interest.

I wouldn't try it now with a million bucks. I might try it with 5 million US, but then I'm much older than you and don't have nearly as long to live.

either way I'm one lawsuit or cancer diagnosis away from losing everything. As are most people

grammarly.com/blog/punctuation-capitalization/capitalization-rules/

the question is, as a man in my 30s, how bad is it if I just disappear from my family and go start my own life in another country

Not bad at all, sounds like a good thing to do in your situation.

I never said I would stop investing lmao. I literally plan my strategy around bitcoins boom and bust cycles.

S&P500 was under 1000 in 2002 and now it's almost 6000. Chemotherapy and radiotherapy cost $10k or less for full treatment. That's unfortunate that it didn't work out for you back then, but it's just a lie to say you can't retire on 7 figs.

yep. In that case you're good as long as bitcoin keeps booming and busting. You can't imagine a world where that income stream goes dry.

I'm old. I've seen literally thousands of boom and bust cycles on assets much older than bitcoin. I've seen some fail completely. It happens. You'll deal with it if it happens, but it will eventually happen. The only thing you can bet on is change.

Are you in the usa? Don't they have $45000 long term capital gains tax free every year? That's enough to live nice as a nomad, and look up Puerto Rico as a tax haven

it's just a lie to say you can't retire on 7 figs.

you can easily retire on 7 figs just like I could easily retire on 6 back then

it's just not super likely to take you 50 years to the end of life.

Bitcoin has a good 20 years left in it before the whole miner block reward issue risks it all breaking down.

20 years in retirement goes by fast.

By that time Bitcoin will have appreciated tremendously.

You dont understand Bitcoin if you think it can just randomly die one day for no reason just "because"

The only risk it has is miner block rewards being too low in about 20 years to keep the network secure

Until then it will appreciate tremendously

Generally speaking, in other countries,

the risks I'd be worried about don't involve bitcoin.

but that's also a learning process and depends where you land. There's no guarantee the US dollar or government will exist in 15 years, let alone what the situation will be in a cheap country.

1. $250k adjusted for inflation today is only $450k, and that's substancially less than what OP claims to have
2. if you took $100k of that $250k back then and bought any stock market index in 2002 it would now be worth more than $500k now

I see your point and shit does happen, but it would literally take a disaster or a bad woman to destroy OPs situation (which could happen but you'd hope not.) Worst case scenario OP can live the majority of his life retired and then rope if it went bad towards the end for whatever reason.

1. $250k adjusted for inflation today is only $450k, and that's substancially less than what OP claims to have

over the entire country, because we all know a dollar buys exactly the same amount of goods in california as it does in alabama

it would literally take a disaster

in my case it was a son born premature.
it cost several million dollars. Interestingly most US insurance at that time capped at $1 million.

your mileage will vary. Everyone faces different disasters. All you can know is they will come eventually.

retiring is for cucks
do you have no drive or ambition?
or by "retiring" do you just mean "financial freedom to do/build whatever i want without being a wage slave"?

Tell me, how can you live in constant fear?

house gets hit by storm

house burns down

you get cancer

usd cease to exist

you get robbed

aliens take over

nukes dropping

getting hit by lightning strike

You likely suffer from chronic anxiety. Your worldview is shaped by unpredictability, vulnerability, and a lack of safety or stability. You feel overwhelmed by the randomness and fragility of life and the saddest part is that you possibly joke about these fears in a dark-humored way to cope.

Seriously, you need some help.

do you have no drive or ambition?

my ambition was to buy a house, have kids, and become a multimillionaire.

once that was done my desire was to travel.

I have no particular ambitions beyond that aside from not punching a timeclock. As you can see by me posting for hours on Anon Babble in the middle of the night, I have accomplished that as well.

I don't fear any of that. I'm old.

I'm just saying a million dollars at 30 is almost certainly not going to take OP through the rest of his life.

you say I'm stupid for thinking that
I explain why I think that
you accuse me of being afraid
I shake my head at your misunderstandings
life goes on

I'm not talking about OP's million or whether it's enough or not. You are not stupid either. Your posts doesn't feel like it would come from experienc rather it reeks of uncertainty. You should try to think more positively and have a more optimistic outlook in general. Like Martin Seligmans works state:
"People with an optimistic attitude tend to experience higher levels of well-being and resilience"

I didn't get this old or this rich by living in constant doubt or fear

but I also didn't get here by ignoring obvious obstacles that almost everyone encounters

I'm sorry to hear that. Does that mean you tried to retire in the US? It wouldn't have cost anywhere near that amount in SEA.

feels bad man but this

if you're really unlucky you'll make it to 60 and then get wiped out and find yourself working at the exact age you should be retiring.

This.
A huge issue with retiring at ~30 with a frankly low stack like $1-1.5M is that you're engaging in the hubris of predicting like 3 decades of both your personal life, the market, the world.

If you're wrong in the worst ways, such as falling short at 55-65, you'd be facing a storm of:
* no work exp for a few decades. I'm not even worried about the on-paper type
* old
* probably mentally worse off if you didn't exercise your mind in some way
* no professional connections
* fiat currency mining even worse off than before

I prefer to keep working my $250k job, while having a huge comfy fallback stack in case something happens. just continue working, but with confidence and a lot more control and time to be intentional about it

You might even be in a place where minimum wage is $4/day or you have zero right to work.

Starting your own life is the right mindset, youre not responsible for your parents or siblings mistakes

You dont need to leave the country if thats not what you want anyway, but some distance will be good

my wife's family is in the US, and that's where we retired. She would die if I moved her away from her family. She's not strong.

luckly I retired very young, so I'm still capable of earning.

He doesn't make 7 figs retard, his net worth is 7 figs

If you don't know how to retire on 7 figures you're simply retarded.

That's not even $50K/year at 5% yield, unless you plan on eating into your capital which is completely unsustainable and will burn you over time.

$50k/annum is a lot of money in most of the world, but it probably won't always be.

50k even before (captial gain) tax would be more than what i make now in germany as a code monkey and i dont lack anything

Is it enough in 30 years? Probably not, a paid off housing on top would ease my mind

You know you can live happily in Asia eating grass fed steaks and sashimi grade salmon in restaurants every day for half of that if you own your own property, right?

Yep, I currently live very comfortably in an expensive part of the US on $24k for a family of three with a paid off house.

see pic related since something in my post triggers Anon Babble

Well I was never talking about retiring in the US anyway, I don't know why anyone would want to do that.

I agree $1mm isn't going to work. But I dispute that $50k is poverty outside the US, or that poverty is somehow unacceptable to a retired person.