I'm not even going to get into the fact that income taxes are paid on income, not net worth. The hater in this case really has no idea what she's talking about. It's offensive to me as a tax pro, but whatever.
It is offensive to us not tax pros also.
But then again, explain finance to some is like explaining nuclear physics to a 5 year old.
Great breakdown of the three options. The way you spelled it out, door #2 and #3 are ideal for crypto. Since most still have their regular jobs, they can use crypto earnings to help with Door #2. Then, based upon what is received, can turn around and ride the bull with either than token or swap into something else for Door #3.
It will take some time as the charts show. The early days are like watching grass grow. That is the power of compounding of which one of the vital components is time.
Sadly, for most, compounding only comes in with debt. They compound the credit card balances over 7 years and then are surprised when they are $35K (or more) in debt. Well 18% APY compounding over 7 years can add up to a whole lot from a small starting point.
It works both ways.
RE: Salty Elon Haters Teach Us About Lifestyle Cost