I’ve retired thanks to crypto, but there’s something very few people think about or tell you: boredom hits hard

TL;DR: do not stop working/studying when/if you get rich through crypto (or by any other means). Set up your own business, study something you love or whatever. Just make sure your brain will keep doing some exercise and that you’ll be part of some group/society.

Seeing so many posts about when lambo, when moon etc., I see myself a few years ago discovering that I could finally hasten by ~10 years my retirement (I’m in my 60’s now). Damn, was I happy about that. I could finally erase all my debt, travel without worrying about days off being discounted of my paycheck, spend lots of time with my family and buy some of the stuff I’ve always wanted. In ~6 months my life changed really hard, and for the better! I gave my grand kids a nice trip do Disney and paid the wedding of my youngest daughter. Suddenly everything fit perfectly.

After 7-8 months, then, I got myself thinking like “so… is this it?”. I was not happy anymore. Don’t get me wrong: I wasn’t *unhappy*, but I wasn’t happy either. I would wake up everyday, go for a walk, pass by some bakery and buy some stuff, and get back home to surf on the web. I could of course travel to wherever I wanted, but what for?

Friends came in asking for money and I never heard from them again. Some relatives thought I’d won the lottery and suddenly became extremely friendly and helpful, even though literally no one but my daughter and her husband were here at my wife’s funeral.

At the end, I’ve decided to go back to studying and finally entered college. It changed my way of perceiving the world and now I’m quite happy. I’ve also volunteered at some NGOs in my city and it helped me to keep my pace with society.

So my advice is that you need to get prepared to deal with boredom. We grow up with our parents telling us to go to school, have a job, a car, a house and that this is life. But when you suddenly have the car, the house and everything else, what’s left? Do something for yourself and have this in mind.

Boredom hits hard and you need to get prepared to deal with it.

Godspeed to you all!

EDIT: wow, never expected so many reactions to this post! Thanks for the love you all! Will try to reply to some comments soon.



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28 thoughts on “I’ve retired thanks to crypto, but there’s something very few people think about or tell you: boredom hits hard

  1. Hobbies golfing and helping close friends occupy my time now. People don’t realize how hard it is to not work. What a problem to have though could be worse

  2. I am really happy for you, and I think you gave really good advice. Also, I am very sorry for your loss!

    But to be honest, this sounds a little bit like those rich people saying “money is not everything” as if its something mind blown. The point is, its a luxury most people will never experience. I think most people would take money and boredom over burnout and financial problems, because boredom is easier to solve.

  3. I’m working towards my financial freedom. I’m in my thirties and this is definitely something I’ve thought about. How to spend my time when working isn’t something I have to do and so far I’ve had no issues with coming up with activities that I have very limited time for currently: Music, coding projects, game development, photography, running a marathon or two, hiking in all the places I’ve always wanted to,… The list goes on.

    If I can stay healthy, I have a feeling that I might actually need another lifetime instead of worrying about boredom. At least the Covid lockdown has been a good experience for a worst case scenario and even then I’ve not ran out of things to do.

  4. If you become rich off of crypto and you have nothing to do all day, you can try reinvesting that money into crypto and you’ll miss the days when you had nothing to do all day.

  5. It is a good point. What’s all that money if you don’t know what do do with it. If you plan on getting rich, better have a plan for when you get rich.

  6. I’m glad you found going back to college and learning is worth it. I think I might just do that when I’m older as well. The learning never should stop 😌.

  7. Most people just want enough money to achieve the dream they were promised by society as children:

    1) Own a house.
    2) Own a car.
    3) Be able to take vacations every year.
    4) Be financially stable enough to have children.
    5) Not live paycheck to paycheck.
    6) Possibly be free of major debts.

    I don’t want to be rich, I just want those things. But the American economic system is fucked up and they’re almost impossible to attain even with a college education and well paying job. We were sold a dream by the boomers and then they made it absurdly difficult for us to achieve it.

    I just want to break free from some of these fucking chains.

  8. Ngl, that sounds like the dream lol. The part where you don’t do shit the whole day. That’s literally my main driver to retire early.

  9. Hey man, if you haven’t already i suggest you start reading. At least a book/week.

    I’m not retired by any means, but i have found that it really keeps me engaged and interested in a plethora of different subjects.

    Hope your retirement goes well!

  10. I “work” only three days a week and i still cant imagine how people can complain about too much free time or boredom… For me it’s never enough 🤷🏻‍♀️

  11. I haven’t worked in a few years either, I don’t really call myself retired though as I’m only 30. I spend most of my time reading, gaming, and helping friends and family. I’ve never had a problem with boredom though, and I think it’s cause of something my mom said when I was a kid, “only boring people get bored”. There’s so many beautiful things out there to experience and see, or you can create something, there’s always something to do if you open your eyes to the world around you. Money doesn’t buy you happiness, but it definitely buys you freedom. And freedom is pretty amazing, if you embrace it.

  12. I semi retired for a few years while caring for some ill relatives. What I started doing (and continue to this day) is pick something to learn every year. One year it was firearms. The next it was ham radio. Then stock charting. The tarot cards. Then wood working.

    I am sixty and I love learning new, odd stuff. If you are retired, no one pays attention to you. Find something—anything—to occupy your time. Sitting on your ass letting the world go by is bad for your health.

  13. I had a similar experience when my website business was making me a fully automated income for a few years. It sounds crazy but I actually ended up with the worst mental health of my life as I didn’t have any goal, direction or idea what to do. I didn’t need any body and became lonely and developed unhealthy habits. If it ever happens again I would handle it a lot better this time as I would know from the outset to keep up with interests and keep my life filled with people and activity. Very strange and unexpected for me but OP is 100% right.

  14. I think your problem wasn’t being rich, but being alone. You mentioned that your wife died, you didn’t mention any good friends but just people looking for your money. Money can buy everything but can’t buy love.

    I’m sure if your wife was still alive, you would enjoy traveling all year around the world, going to cool places, buying everything you want.

    However now you seem somehow happy so I’m sure you agree that it’s better to do what you do now and having a lot money than working all day long.

    If I’ll even get rich, I would probably open my own business, so I would actually keep working, but not for someone else.

  15. I have always had a hard time understanding this. If I could retire right now (pre 30s) I think I would never get bored. I always have a lack of money and time compared to hobbies and things I wish to learn about. Always wanted to learn 2 or 3 instruments, travel a bit and learn another language or 2, on top of games (board, video) painting and other arts, and just so much more. But and maybe it’s all perspective, but it’s interesting to hear from the other side, and not the grass isnt greener, but maybe just getting presented new challenges is something life will never short you of in any position.

  16. I got 99 problems and all of them would be solved more more money. I think what you’re describing is a “first world problem”

  17. My youngest son had me buy 5 Bitcoins @ $300 each. I’m in my 60’s and still don’t know what to think about this phenomenon. I retired from my own company almost 10 years ago. My sons run it now. I’ve got cars, homes, boats and bla bla bla but my wife died in 97 and I’d give everything I got for just another day with her.

  18. I understand what you’re feeling. My investments did very well last year, and my Fiance and I were so excited making plans to buy a car, buy our first house, travel the world. All very big things for us seeing as we had been homeless since we met in 2017. Sadly she relapsed on Heroin last October and i found her dead in the bathroom. Ive been lost and just wandering since then. I bought the car, i got a nice apartment instead of a house, and ive still got quite alot of money, but it doesnt seem to matter anymore. My plans for it are gone and i dont have a clue what i should be doing or what i want to be doing. Im sorry to hear about your wife. Im posting mostly to say that i have some idea what you’re going through, and also to thankyou for the great advice.

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