Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Yes, adopt a crypto currency that one day is worth 45k, and a month later it's worth 30k, and a month after that it's worth 20k, and 2-3 months later it's 15k (that's what happened in the second half of 2022)

You would need to hire a crypto savvy trader to distribute your risks over several currencies and exchanges.. and when you reaches $250,000 in valuation (which hopefully the employee tells you it is), you need to hire a second to make sure it all doesn't disappear in an uninsured irretrievable early retirement package for the trader.

You basically have to set up a crypto business along with your actual business idea... Compared to traditional small business where you can hire an accountant to do payroll for just a few hours, and you have next to no risk your accountant can easily run off with millions of your dollars that you can't get back.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: