The primary value of this site is intellectual curiosity. That's just one kind of curiosity; there are many others. The kind involved in this post is one step removed from comparing body measurements (edit: as https://news.ycombinator.com/item?id=15107213 already pointed out). That's crushingly off topic.
Congratulations! I'm curious, how have you saved 550k at age 32?
Is it a matter a linearly saving ~68k USD a year every working year (I'm assuming a high-paying engineer job in the Valley), or have you had equity in a successful venture?
It's really not that much if you look at the other responses. Anyway, the answer is linearly saving ~50% of income, I hope I'll get some sort of liquidity event from some stock options I have, but I'm not banking on it.
Age:21,
Net worth: not of any sort
Country:India
I am in my final year of my bachelor's. I will be a marine engineer. You guys seem to be doing good. Will you guys offer me advice about a good tech start up and what I should know before hand. After I earn some saving, I want to try my hand on commercial farming.Also important financial decisions I should consider at my age.
Sure, crypto has has always had both ways, not like you're locked in or anything.
There might be hurdles around the speed of delivery (measured in days or weeks) and I've seen some people cashing out splitting into multiple payments for various reasons, but overall just a little harder and slower than regular transactions. And probably some extra fees, but if you are a millionaire from crypto that is a drop in the bucket.
OP wasn't asking about financial independence. Your post is unnecessarily dramatic for the sake of talking about how well off you are. I mean you JUST created an account to post about it.
