that i could never make a living as a metal artist he says it's dead and the only thing that makes money is hip hop and pop

any truth to this?

No, look at all the super famous bands. Metal is far from dead, in fact i would say that the metal genre is one of the worlds most popular genres with more die hard fans that any other genre can boast of.

While being any type of musician does not yield 500k a year unless you are a super talented and famous. Being a musician is a career, if you are looking for a luxurious life you may need to have another more secure job in addition to your music job. It all depends on what you want.

i would like to live half deceant ya know 50k a year

Yes, there is more money to hip hop and pop music. That's because those genres are all about milking the mainstream population for profits. You should never make music for the sole purpose of making money, because you will end up sorely disappointed. Make music that you like, just because you want other people to hear it. If money comes as a byproduct of that, good job.

Agreed. Also, Metal never dies, it goes underground