/biz/ - Business & Finance

Here’s the scoop. I’ve got 10k wrapped up in bitcoin and ethereum 2/1. Now I know I sound like a poorfag to you but keep in mind. I’ve almost quadrupled my portfolio since starting. And I’ve dumped most of my available assets into it. (I have a 4K in the bank but I’m hesitant to pump more for purpose of bills and Incase I need cash on hand. Also I’m 20 and need to pay the billS. I’ll probably have 2k coming in a month and will have a place to stay rent free so please if you would. And for the sake of other poorcoiners on this site what do I do? Keep pumping btc and eth or just give up and understand that I’ll never be rich from crypto. Thanks faggot

>>25219251
altcoins are the ultimate midwit trap

altcoins are the midwit trap

>>20877508
> you have to choose one or the other
If you believe there's a decent probability that cypto is here to stay long term then it makes a lot of sense to own some as part of your overall portfolio strategy.
I have 7% of my net worth in crypto. I would probably have more if I was a poorfag.

> 128 IQ

> be me
> 85 IQ chad
> overhear nerdy coworker talk about crypto in 2017
> look into it, too complicated for me to understand but I have a gut feeling that it will pump
> decide to buy $10k worth of Litecoin at $10 because it's a cheaper version of Bitcoin
> don't look at charts, just HODL epic reddit style
> sell at $270 for no reason other than gut feeling
> put all of my gains ($270k) into Amazon stock because e-commerce is the future and Jeff Bezos is rich
> now worth $720k
In total I have probably spent less than 10 hours "researching" my investment decisions. Meanwhile you 120 IQ autists spend hundreds of hours researching useless shitcoins. Is IQ just a cope?