Life Crypto narxLIFE

Damn... fumbled this. Mind you, not because of a lack of conviction, but because life happens. Oh well... another lesson learned.

Million-dollar PnLs on the timeline can make crypto seem like a way anyone can go from rags to retirement in a single cycle. While a few people will be fortunate enough to see that happen - it's not a realistic goal. Instead, focus on changing your life. Turn your $800…

There is a bull market staring you right in the face. All you have to do to make life-changing money is to buy the blood, and then scale out on the way up. Keep it simple.

The multiplier method is a widely used approach for calculating compensation for loss of dependency, particularly in cases of wrongful death or fatal accidents. Here's a detailed overview: *Multiplier Method Formula* The multiplier method formula is: Multiplied Amount = Annual Dependency × Multiplier *Components of the Formula* 1. *Annual Dependency*: This is the amount of financial support the deceased provided to their dependents each year. It's calculated by deducting the deceased's personal expenses from their annual income. 2. *Multiplier*: This is a factor that represents the number of years the dependents would have received financial support from the deceased. The multiplier is typically determined based on the age of the deceased and the life expectancy of the dependents. *How to Determine the Multiplier* The multiplier is usually determined by the court or an actuary, taking into account the following factors: 1. *Age of the Deceased*: The younger the deceased, the higher the multiplier. 2. *Life Expectancy of the Dependents*: The longer the life expectancy of the dependents, the higher the multiplier. 3. *Inflation and Economic Growth*: The multiplier may be adjusted to account for inflation and economic growth. *Example of the Multiplier Method* Suppose a 35-year-old breadwinner dies, leaving behind a spouse and two children. The deceased's annual income was $100,000, and their personal expenses were $30,000. Annual Dependency = $100,000 - $30,000 = $70,000 Assuming a multiplier of 25 (based on the deceased's age and the life expectancy of the dependents), the multiplied amount would be: Multiplied Amount = $70,000 × 25 = $1,750,000 This amount represents the total compensation for loss of dependency. *Advantages and Limitations* The multiplier method has several advantages, including: 1. *Simplicity*: The formula is easy to understand and apply. 2. *Flexibility*: The multiplier can be adjusted to account for various factors, such as inflation and economic growth. However, the multiplier method also has some limitations: 1. *Subjectivity*: The determination of the multiplier can be subjective and may vary depending on the court or actuary. 2. *Oversimplification*: The formula may oversimplify the complexities of human life and the impact of the deceased's death on their dependents. In conclusion, the multiplier method is a widely used approach for calculating compensation for loss of dependency. While it has its advantages and limitations, it provides a useful framework for determining the financial support that dependents would have received from the deceased.

A lot has changed in recent weeks. #Bitcoin is nearing 6 figures, $SOL made a new all-time high, $ETH is showing signs of life, and #Altcoins are starting to have fun again too. You're probably wondering about the state of my portfolio, and my plans moving forward. Over the…