Topic: Is there a place in the world you could live like a king via sig campaigns? - page 19. (Read 7657 times)

Yeah, it's only just a phrase. It can mean to live comfortably like buying all the things that you like but not the things that are unrealistic within your reach like lambo's and tesla's but I think you can still buy them in the future if you save that big income you're getting in your sig campaign as we all know that bitcoin price can rise dramatically.

We can live a decent life only via signature campaigns as long as that campaign pays big (chip mixer) for instance because I think this was the only campaign that pays huge per post but the only downside is that not all users are qualified to join this campaign because their requirements are too strict.

Of course, many of us can surmise that some level of prior stability does not necessarily ensure future stability, especially the way that there seems to be so much ongoing craziness from what appears to be various ongoing currency collapsing.. and people could end up lashing out quite violently systematically or maybe just more locally at someone who might seem to be either not impacted as badly as they are whether they associate your advantage in terms of your having dollars that have been falling less severely or bitcoin that you might be able to hide perhaps?  sometimes people say too much, and then if you might end up selling bitcoin to locals or even using Bitcoin ATMs, if such things exist in some of the locations, there could be some targeting of folks who have resources like bitcoin, if we can be identified as being NOT as poor.

...

Another issue to keep in mind about Fuck You status, and even with living in another country would be "succession planning" (to whom you would give your wealth to and how much upon your death).

Deciding how to pass along assets to heirs is a complex subject just in and of itself.  Especially with BTC and wallets, with Private Keys or Seed Words to send/pass along in a secure way with the instructions on how to access the BTC contained therein...

I still have a bit further to go myself in planning how to pass along some more assets, but I have given the process a good start.  Once I have finished (or in great part, as this could go on and on), then I too will think more about how to live the life in a low-stress & comfortable way.

*   *   *

I am less enthused than before about LatAm as a secure Plan B kind of place.  The country we had looked the most at is less secure politically than we had hoped and somewhat assumed.  I am guessing that ALL of LatAm is now more problematic than I had considered before.  Pity that.

On the other hand, certain LatAm places do seem to be relatively better, even over a longer time frame.  Costa Rica seems to be relatively stable and less authoritarian than most others.


Edit:  Also, before doing anything relatively permanent (moving, or even advanced planning), I suggest visiting the target country/countries at least twice (each) for a minimum of 8 weeks to assess whether you like the food, culture, can learn the language, etc.  Part of these visits would be "business", that is talking with lawyers re immigration, work, investments, and so on.  It's complex!  A lot of factors to take into account.

It seems to me Fortify that if you read through this thread, there are several guys who are already stating that The Pharmacist has quite a few options on either his $300 per week ($1,200 per month) on his own salary and even quite a few more options when combining such salary to include 5 guys who would have a similar level salary to make it $1,500 per week for the group.  So I am really doubting that the options are as limited as you are making them out to be - even though of course, there is quite a bit of vagueness in terms of what "living like a king" might mean, and how such "living like a king" might vary from one area to another.

Regarding your point about bigger cities versus rural areas, it surely would seem that most Americans  (and possibly other westerners) would not feel very comfortable to venture too far from the bigger cities in terms of access to some modern infrastructure and goods and services; however, I can already see from data and even some of my own experiences that there can be a lot of variation between different cities within the same country, and even some bigger (and reputed as expensive) cities may well have quite affordable areas within them or even on their outskirts rather than going into the more expensive neighborhoods or into the city centers.

I am really enjoying reading some of the actual on the ground numbers that guys give here, even though sometimes some forum members might be suggesting that a guy could live pretty comfortable upon something like a $400 per month income, but they might not be realizing that many westerners may well feel that they need some of the comforts of their already expectations of having constant electricity, or hot water and air conditioning and not really be willing to have a diet of basic foods so well expect to have a certain level of meat in their diet that exceeds what the locals are used to eating in their regular diet.  I really would be uncomfortable to be living completely paycheck to paycheck in a foreign environment, so I would think that having a cushion and emergency fund would be important and I personally do believe that guys should be stacking away a certain amount of savings /investment beyond their emergency fund - for the purpose of some day being able to retire - which would be 10% or more.. but I know a lot of young guys do necessarily consider that they need to engage in that level of ongoing investing/saving for their future.

Living like a king doesn't mean one must have all the money in the world.  Their are wealthy individuals everywhere,  there are some region if a family of 5 are receiving $1500 in total this amount of income for the week can still make them live large and comfortable to get what they want. What matters is that they are a living okay with $1500, it doesn't matter if their are weathy individuals in the region.

I think a better way to phrase it might be, is there a place in the world where you would want to live like a king via Sig campaigns? You could look at India and Pakistan as a rough baseline - the average salary there is in the $400 dollar range which is possible with the highest paying campaigns. Even there, that sort of money could stretch further in the countryside than big cities. I think those countries still suffer from a lot of poverty so you'd be making big trade offs at such a salary. Unless you're a local who knows the system, it feels like you might struggle as an outsider to move to poorer regions than that to achieve this aim.

in growth country like Indonesia weekly income around $70 was good enough if we compare with alot worker like property sector which is required alot energy and good physic. maybe for some people only by sit and post comment in any board in this forum to earn weekly reward looks easy , meanwhile to get this earning  it needs sacrifice and alot idea . For additional income working in this forum was good idea, with monthly salary around $200-$300 and income from signature campaign around $280 for high rank member we should have good saving that maybe used to invest in any finance market such as stock or cryptocurrency itself.

For sure, I was being a bit provocative in the way that I asked the question, and surely there could be some advantages in sharing some of the resources and common spaces to possibly get more bang for the buck, overall.

I understand that there could be quite a few different variables too, and for example, renting through AirBnb may well be 2x to 5x higher prices than you might be able to find on the regular market in any given place, but one of the conveniences of AirBnb is that you can customize the length of time that you stay, get a commitment ahead of time, be able to get a pretty good idea what you are getting and frequently see reviews of prior guests, and some kind of an arrangement like that might cost more in the interim and then be able to identify some deals that are better bang for the buck.

Another way might be if one or two guys go in advance, and then scout out the area in a way to be able to pick a location that fits the bill, and for sure I use the word "guys" on purpose, so whether you are "guys" or "gals", you are likely going to be in a better situation not to be mixing it up, unless the couples that might be involved are solid.. but the more I think about it, the more possibilities of drama with more people involved including that sometimes there are going to be pretty big flakes in the group, and then if too much drama is created, then it could cause drama/tension/or even dissolution of group members, leaving 1-2 guys having to cover the bills (and picking up the fall out) of what had been intended to be 5 guys.  So, many variables, and surely sometimes the savings and conveniences of having guys to help out could sometimes outweigh some of the costs of the drama possibilities, too.


Surely, you might be considering this entry-level fuck you status matter in ways that are different from how I had been attempting to frame it.  Of course, there can be aspects in which guys have better negotiation positions, and they might be able to control the various terms of their employment of their contract relations because they are in a good bargaining position regarding skills, experiences, references, etc.

I was largely attempting to use the concept of entry-level fuck you status as a way to describe when a guy is able to sever work completely - and largely just live off of the income that is generated from savings/investments without having to work.  I am not talking about living off the principle, but only from the income generation of the whole package of the investment... so in some sense when I already mentioned that $1 million or $2 million, it could be presumed that $1 million of principle should be able to generate $3,333 per month of income (that is $1 million * 4% = $40k / 12).  $2 million should be able to generate double that amount of $6,666 per month.  

Of course, entry-level is ultimately described by the guy entering into such status and I really consider the matter to be problematic for a guy to be believing that he is entering into fuck you status, but has to come back with his tail between his legs because he has not adequately calculated his own situation.  By the time, any guy is ready to pull the fuck you lever, he should have a pretty damned good idea regarding how much money he needs on a regular basis to either maintain his accustomed standard of living or to live at the standard of living that he expects.

For sure, if a guy is merely at entry-level fuck you status then there might well not be as much room to work with in regards to ensuring that s/he is able to cover all expenses and even to make sure that an emergency fund is maintained. and for sure accounting for increases in the cost of living should already be attempted to be baked into his calculations, and so surely there are ways to figure out the variables with a sufficient amount of confidence or even to calculate the volatility of the various assets that are held in order to not be putting oneself into a position that there would be a need to go back to working, unless that were to be completely voluntary.

Maybe I should not suggest it is easy to calculate, but instead that there are ways to calculate to attempt to account for a variety of extremes that could happen and also to figure out the ways to allocate assets and investments and/or to calculate the allocations that ultimately end up having a sufficient cushion that the fuck you lever is not pulled too prematurely.


 I really believe that I was not considering the fuck you status concept in that kind of a way.. well not completely anyhow, because I was trying to tie the fuck you status idea to economic abilities to sustain oneself with passive income from the investment and surely not to be worried about if certain work-related cashflows were to dry up.. or maybe some of the work-related cashflows would be sporadic and completely voluntary rather than regular and relied upon.

We know that there are all kinds of areas in life in which we might be in a position to negotiate our other kinds of relationships in a fuck you status kind of way, and surely levels of wealth and autonomy would allow the ability to engage in that kind of employment of fuck-you in a variety of circumstances - like for example if a business is a largest in a community and the community is reliant upon the business, so the business can sometimes get away with way more than what normies have to tolerate - and I had been attempting to consider the matter more narrowly in regards to personal economic power to be able to pretty much continue to live your accustomed standard of living without relying on any employer or employment.

By the way, many of us likely realize that so many young people in the 20s and 30s will frequently conduct themselves as if they have the world by the balls and if they are going to be ballers into their future, yet by the time that so many folks get into their late 40s, 50s and 60s, they may well realize that they had not adequately/sufficiently prepared themselves in such a way that they would be able to stop working.. so they may end up trying to figure out ways to play catch up and maybe coming to the realization that they had not been sufficiently/adequately preparing to enter into a kind of fuck you status.

There surely can be compounding effects in regards towards savings that could take place in a guys 20s and 30s and that would really start to show themselves by the time a guy gets into his 50s and later, but frequently what ends up happening is that guys will either not keep building principle, but dip into principle at various times to invest or consume with that principle, and it can be really difficult to build principle back, even if a younger guy might have a bit of a cocky mindset in that direction in terms of believing that he can build back whatever principle that he depletes along his/her life's journey in which age does come upon you in sneaky kinds of ways.


You may well be getting back to negotiating power that comes with having had built skills and abilities through experiences.

Also, what is your standard of living?  It might be all fine and dandy to yell fuck you to the world, but if you get into your 40s, 50s, 60s, you might not be in a physical and energy level to live in flexible kinds of ways.  Your body might not tolerate some of the crazy abilities of a younger guy.  I have had some personal experiences in that direction, and it can be very surprising how much your aging body might not be able to tolerate some of the extremes that it had been able to tolerate during younger years.  I do understand that there are some guys who act like animals into their 50s and 60s and are able to get away with it without seeming to have large diminutions in energy, and so I understand that there could be some luck and genetics that play out well for some folks, but still seems to me that a guy is going to be in a much better place to have some financial backup plans that are building up, so that s/he has some of those kinds of cushions when getting into his late 40s and beyond.

Regarding the 9-5 drone, I am not sure.  Some jobs are more dead end than others, and some jobs do provide a decent income and benefits to build upon, and surely, the trade offs between what kinds of education and skills that guys have and/or how much they might get trapped into some kind of a dead end job or a job that does not end up giving them geographical mobility, can surely vary in terms of how a guy might use such a job, if he is even able to get one (if it were to be preferred for some in some circumstances).


I personally believe that any guy who considers investment levels has to really get some good grasps on his own finances in regards to how much he needs to live, to have an emergency fund and then to figure out how much to invest on an ongoing basis and into which assets....

A decent starting out guide might be to allocate at least 10% of any income towards investing and savings, and of course, I am not too excited about anything besides bitcoin, but surely guys would come to other decisions in that regard.  So in the very beginning the guy is building up his investment portfolio principle, and then maybe once it gets to a certain size (such as $50k or larger), then it can be diversified beyond having just bitcoin in it.

Of course, some guys will come into bitcoin and they will already have other investments, and they will have already built an investment portfolio, so for guys in that situation, then there becomes some calculations that may well be needed in terms of how much to allocate into various assets with hopefully having a goal to reach some level of fuck you status at some point (meaning having some ideas about how much that he needs to live off of the income from his investment portfolio - or just continue to build such investment portfolio until he gets into the neighborhood of reaching fuck you status at the level that he has figured out based on his/her own individual circumstances).


I agree with your point Doan9269 that the world is really crazy right now, so there can be some struggles in terms of figuring out how to hold value and within which assets to hold such value and how to manage those holdings, including whether there might be needs to tweak or reallocate from time to time and the extent to which some winners should be allowed to ride rather than reallocating.

I really appreciate the reopening of this insightful thread and i see it relevance even at the current econmy downside going on globally with inflation everywhere, discussions here could just be a solution to someone's economic challenges amidst the ongoing global crisis, one thing i see most people missed out is on how to derive a means to make all ends meet, managing economy for survival is what is very important in decision making, many don't know how to plan and budget themselves but this thread will give a guide through in achieving a good financial plan for oneself and the entire family as the case maybe.

This is the best time to re-strategize and cut cost of living expenses, we noticed how fiat currency are going down as a result of inflation but the value of bitcoin is still maintained despite volatility, and i see the need in the maximization of this opportunity to evade the effect of the economy clampdown, it's not necessary that one must find a living in a developing countries before they can leave like a king via their signature campaign, I've seen people doing pretty good in the remote areas of a developed country because they know how to manage things and cut cost appropriately in other to meet up to a living standard.

Man, don't make me regret I unlocked this thread--I think I've explained the scenario that's been playing out in my head in enough detail such that anyone who can read would be able to understand what I'm talking about. 

Five members.  Each member earns $300/week in the Chipmixer campaign (best case scenario).  Use advanced calculus and integrate all of that info, and you get $1500 total--but that's for all five members.  In addition to that, there could be some GPU or ASIC mining happening as a side hustle (but not in the basement where my crib will be located), and there's also whatever money we bring with us to our paradise.

Got it?

One reason would be that I'd be moving to a foreign country with no friends or family, and having at least a few people with a shared interest would make the move much easier.  Plus I'm talking about living in a Big Effing House and that's something too expensive for me all by myself.  Otherwise, you're right:  I'd much prefer to live by myself.

Fuck-you status is a state of mind IMO, not a number representing how many dollars or crypto you have.  Even people locked up in prison with no money whatsoever can have enough balls to tell the guards to go fuck themselves, consequences be what they may.  If you're looking at life through the lens of a 9-5 worker bee, sure, you can't jump on your boss's desk and piss in his trash bin.  But if you're a psychotic nihilist with a pseudo-Buddhist mindset like me, there's nothing standing in my way of yelling FUCK YOU to the world atop the Empire State building.

For sure, I am glad that you have unlocked this thread because as you mentioned, I think that batting around ideas in this topic can appeal to a lot of possible scenarios besides merely the signature campaign income and even sharing cost with 5 guys.. as one of the earlier posters had mentioned.. why the fuck would you want to live with other people if you could live pretty well on your own with your own portion of the signature campaign income?

Don't get me wrong.  To some degree, I do appreciate the idea of sharing costs, and for sure, if you had not yet reached a kind of high enough level of savings - such as reaching a kind of fuck you status, then for sure, you can save money as you are still stacking away savings in order to be able to live off without having to worry about income from external sources, whether that's a signature campaign or some other forms of income that you might have.

I have also heard quite a few theories that make sense to me is to earn your money in western countries, and go to retire in lower income countries where you will not need as much money to maintain your previous standard of living.

By the way.. I did go back and merit a couple of your posts, The Pharmacist.. and part of the reason that I had not merited them previously was because I had noticed that you had locked the thread.. so I was harboring some passive/aggressive resentment about that... hahahahahaha

Of course, another angle that makes this whole thread to be a great topic would be that in about the last nearly two years, I had been asserting that in western countries, we need to move our entry-level fuck you status level up from $1 million to $2 million... which has some presumptions of having to have a passive income of more than $6k per month rather than $3k per month in order to feel comfortable pulling the fuck you lever (meaning quitting your job and living off of your passive income - in a western country).

So far this thread seems to have allowed for a lot of discussion regarding how it may well still be quite feasible to live way below what I had suggested to be entry-level fuck you status in the west..... and guys here are considering incomes of less than $1k per month to have the potential for living pretty well in some places.  So in that regard, the actual examples (even if not specifically applicable in the west) might be providing some on-the-ground experiential evidence that the fuck you entry-level can practically be adjusted to pretty low levels in some parts of the world, and whether that would be realistic may well have to do with what kinds of “giving things up” trade offs that guys might be willing to undertake, and surely each place has its plusses or minuses whether we are referring to infrastructure, safety or even the exotic factor (which could cause benefits and costs)…

For sure, if we might be able to live quite comfortably with $300 or $500 per month, it still might be good to have $1k per month in order to maintain an emergency fund, continue to invest, or for sure there would be some need to account for possible traveling costs from time to time that many times would need to be saved up if we might choose to live in a part of the world that is far away from what we had already had as a family and built some friends, perhaps? 

I am not even sure if there would be any necessity to increase luxury levels upon retirement, but those would be individualized matters to consider.  For example, some folks do want to travel more if they were to retire - which surely there can be ways that traveling ends up being a kinds of expensive hobby to maintain, even if it might not have to be if long-term rather than short-term lodging rentals are part of the traveling package.  For sure many of us realize that if we rent longer term, we may well pay only a fraction of the price of a short-term rental.. and surely levels of furnishing changes the pricing as well.


When I first came across this thread, my initial thought was that the income from a signature campaign would be too unstable and too uncertain to really rely upon, and personally, I have always considered that any budget that any of us develops should attempt to account for various income sources changing or drying up, and in some sense, it can really take a while to be able to build enough of a savings to then later be comfortable to live off of the passive income from that savings... but gosh with so many examples of being able to live fairly comfortable with sub $1k per month living expenses, there still could be ways to continue to save while living in those lower cost areas, but still if your income did all of a sudden dry up, then you may well have to have some where in the ball park of $300k plus saved up in order to somewhat reliably be able to have a passive income for that.. and maybe I am getting beyond the topic if I am arguing the different ways that passive incomes may well be sustainable. .and how much might be needed to have them be sustainable... and for sure, guys want to do it for way less than some of the cushion numbers that I suggest to be minimum levels to have assurances of sustainability of such passive income without depleting the principle.

By request I'm unlocking this thread for further discussion--and I probably should have just kept it going anyway since it fuels my fantasies and is like retirement porn for me (lol). 

And yeah, I realize word's gotten around that there's a merit jamboree happening all up in this piece, but I'm only meriting posts that have obviously had some thought put into them.

Some of you may remember that infamous picture that's been posted a few times on the forum, which shows a bunch of people sitting around a table with their computers, at least one of which has bitcointalk on the screen.  Well, I'm looking to create an upscale version of that....whatever it was.  Probably a shitposting farm.  If my small group were in such a photograph, there would be leather chairs, cigars, and a finely-carved oak door leading to the wine cellar.

I'd also like to point out that $1500/week divided between five people isn't the maximum income that could be achieved.  Sig campaigns would be the primary source, but there could also be some mining or other crypto-related activities adding to the coffers.  So keep that in mind when you're posting.

Wowza!  In New York City you can't even rent a hotel room for a night if you only had $300 in your wallet, and I don't think there are any apartments in the US of more than one room that are going for $300/month.  That kind of boggles my mind.  However, I've lived in apartments that were managed by "associations" and I can't say I liked the business model very much.  I'd much rather buy a free-standing house and not rent anything--and I would not want security guards around unless they'd been hired by my castle staff.

Huh.  So you're saying they exist in the Philippines but are only in the more expensive dwellings?  That'd work.

I'm about ready to lock up this thread.  I've enjoyed hearing all of your suggestions and this has helped me distribute a lot of merits--no doubt that's why I got so many replies, but I didn't just merit posts indiscriminately.  And if anyone would like to join my signature campaign posse in as close to a paradise as can be achieved, give it some thought.  My fantasies grow more intense by the day.

If he finds himself in an area where he can't buy ps5 easily means that is a very remote area and with the amount of money he presumably earn per week he shouldn't be in such area don't you think?
With that amount he can live very comfortably in any major city of most of the third world countries and be able to buy ps5 or order sushi easily  


These things you mentioned are also very regular to the average person in most third world countries, and by regular I mean not earning close to the amount mentioned, I honestly do not know why you think these things will be hard to get, all you need do is get a place in the right location and you will be surprise what you can get.

Plus I love the idea, I think changing location is a good thing because it gives an opportunity to explore and understand the world better. Although am not sure about sustaining that idea with earnings from signature campaign only. @The pharmacist I hope you will get the capital to fulfill your desire soon.

There are many places around the world where you could survive on that sort of money. Infact outside of Europe and North America, along with a few other high cost places to live like Australia, it can actually be a huge sum of money. However it is all relative, you might be able to "live like a king" in certain places, but even then you would end up more like a slum lord in some dirt poor village. I would much rather live a comfy life, maybe in the cheaper parts of Europe, and pick up a part time job to boost earnings, rather than move to a place where you might even need to hire security and you would constantly be looking over your shoulder out of fear.

You would be fucked up hard if you do make signature campaigns as a main income because we know that it do only last for few weeks, if in luck then you would able to be on a campaign for a year or couple but it wont really be lasting forever thats why it isnt really that good for you to rely on.

For side income or extra then it isnt really a bad idea to have.In third world country living then this kind of pay would really be putting you on a decent life but of course everything does have its end if ever you do able to reach out that situation.

To be paid thru signature campaign and get a weekly payment can help alot in budgeting our expenses as well a additional income for the participants. It is already a opportunity to many to still find other jobs since it didn’t requires all of our time to post, we can do it on free time or have set hours to post or when there’s a idea in the topic that comes in our mind. It will depend on our status in life and our way of living whether the payment will be enough or we’re too busy in other activities to still find other jobs like some parents or mothers who need to take care of their babies. Before I don’t use my income to spend, I just save it or use in investing since I have a regular job.

Yes, you could settle down in India and live like a king with $1500 earnt per month through your family. I'd suggest you find a great place in Bengaluru where you could get a posh place to live along with security for a rent of around $600 per month. The groceries are cheap and you can call in food and squeeze everything in with the next $400-$800 depending on how you spend and still have some cash left at the end of it. India might be considered as a third world country and there might be a few riots here and there, but you can always find a safe place with enough guards to look after you.

Even if the current signature campaigns today are paying well, but its never advisable to make it as a priority and be a sole source of income. Even if you live in countries where there is low cost of living, the funds we get from signature campaigns are not sufficient enough. However, if you treat it as another source of income, that will be more great. I believe working in signature campaigns alone will never give you a very comfortable life, but working in it as another source of income, there will always be high probability that it will give you a comfortable life.

I live in Indonesia and the average salary of people here is $200 - $300/month. just imagine if you earn $70/week from a signature campaign (I use the rate on legendary member rewards in many BTC paid campaigns) then you can live comfortably here, especially if you have other side income, your income will increase 2x or 3x.