I've noticed your a level headed type of investor from that 5-7% back on stable coins recommendation you had.
Can you give us brehs an example of a cash out plan so that we dont have to go back to the 9-5? With an arbitrary number of course.
Of course, that number differs for each individual and your circumstances.
For me personally, I want to hit 8 figures and call it a day. But what I need to do at the very least (and should have during the last bull run in 2021) is cash out some to pay off my house and all expenses. The 75% of 9-5 income would be going into investments and crypto to expedite the retirement.
If you have absolute, disposable income that wouldn't hurt you if you lost it..
Main wallet = Major essential projects and coins. BTC, ETH, SOL, LINK, BNB, etc. These should be biggest percentage of your holdings and one you dollar cost average on. Also, these projects have massive liquidity that allows you to have big cash outs that would not disturb the overall price of coin.
Mild risk wallet = Good, upcoming projects. SUI, SEI, Toncoin, FET, Arbitruim, Injective, AERO, etc. I'd also dollar cost average on these too. Pray one of these turn into the next SOL or BNB.
Hopefully, you can hold the gains on these two wallets for over a year so the taxes you pay after cashing out are long term gains and not short term.
A couple of years ago, I had to pay about $40K in taxes after converting some memecoins that I held for a couple of months.
Degenerate wallet - Memecoins/shytcoins If you invest and these hit, most of the time they won't have a lot of liquidity that will withstand whales unloading their bags on, unless it's a 5 star meme like dogwifhat, BONK, SHIB, BRETT, etc. If you got in early on something that hit, notice what other whales are doing and take profits. Don't go ham and dump the whole thing because that would cause fear and trigger a bunch of limit orders and fear.
Always take out your initial investment if possible. If you ever hit big on these, I'd take a big chunk of the profits to feed your more solid investment/wallets.
However, be prepared to pay Uncle Sam at the end of the year on your memecoin profit. Because they're so volatile, there's a 99% chance you're trading these under a year.
where he at???
congratulations 
(it should have been me) 
