A distinction is necessary when you start to have lots of responsibilities, f.ex family, side businesses, expenses, etc. Bankroll is best thought as our business capital, while liferoll is part of our net worth.

If you talk to successful businessmen and company owners you will see that they separate their personal net worth from their company net worth -in their case it's even more important, as merging the capital might lead to more legal liabilities in case of problems-.

Merging bankroll and investments is not a great idea -I'm not considering saving accounts as investments, I'm talking about stocks/bonds/real estate/anything that doesn't offer 100% guarantee of withdrawing our capital whenever we wish-, as if things go bad you might be forced to sell investments at a loss and in general risk whatever you managed to save for retirement.

Black swans unfortunately happen, I've seen very successful and winning players endure 50+ buy in swings, and if you merge bankroll and liferoll this will put a huge weight on your shoulders. I think it might even be better to ask for staking (if you manage to get a good deal) if things go particularly bad, instead of jeopardizing our own net worth.

The main difference from live and online poker is just that you also need to account for expenses in your live bankroll, but I assume bb100 are higher, therefore you will endure smaller swings.

The goal of poker seems to be to take other peoples money.

yeah, like stealing; we are such mean people !
/s

Very cynical comment. I am not saying anything about stealing. With stealing, you take something from somebody. This somebody is not aware of it and for sure does not approve you taking his/her stuff. That is not comparable with poker. And I refuse to engage in putting me in that framework of thinking. However, with poker, the goal is to take other peoples money. So my question is real. Do professional poker players forget about the money? Does it become a purely intellectual challenge? Does it become a mental challenge? Same goes for stock brokers. I am very interested in what frame of mind / believe system a professional poker player operates.

My core values are growth, knowledge and sharing. Poker has helped me to grow both personally and financially and guaranteed me plenty of free time to enjoy time with my family, my friends and my hobbies. I enjoy coaching because I can give back to society something of what helped me to get where I am today.

"The goal of poker seems to be to take other peoples money" - this can be said about 80% of jobs, as most of them today only answer to (or create) fictional and unnecessary needs. Most jobs are not necessary, there's plenty of wealth and resources -just poor distribution- for everyone, we do whatever we do to adjust to the system we live in, without being in conflict with our personal values.

Francesco Lacriola Do you think a better economic system is possible? We, as humans, have accomplished extraordinary things. It seems crazy to me that we still need to work and produce uselss things in order to live.

My core values are growth, knowledge and sharing. Poker has helped me
to grow both personally and financially and guaranteed me plenty of
free time to enjoy time with my family, my friends and my hobbies. I
enjoy coaching because I can give back to society something of what
helped me to get where I am today.

yah that's what I thought actually. It seems like a lot of great players also turn into coaches at some point. And yes, also def. true that 80% is for the money when it comes to jobs, maybe that's even on the low side :)

A capitalistic system might not be perfect but it’s the most optimal system we have and so we also sell our skill… :)

You can be flexible, without thinking in terms of absolute thresholds. F.ex in your case you could try to cash out 1k and leave 1k to grow your roll. Keep in mind that you don't know what your winrate at the higher stake will be, so there's a risk involved in levelling up.

If you AVG 2k which can only cover expenses, it might make sense to try to increase your winrate, or to try to get staked for the higher level (if you get a good deal), if you expect to make more money than what you would make at the current stake, and close the staking deal once you have enough bankroll to play the higher stake.

Hi, 100 buy ins online is on the conservative side, but I think it depends a lot on your personality (how comfortable would you feel if the shot doesn't go well?) and on the stake difference. For example, between 50 and 100 NL there's not usually a huge difference, however there might be between 200 and 500 NL, as higher games might run seldomly in some player pools, therefore you can have stronger players forced to play 500 NL if they don't have an action.