/biz/ - Business & Finance

When do you decide when you are wasting your time and money?

For instance, you want to start a project, and it requires and money. Like an ecom website. You would need the time to research what it's going to be about, learn how to make the site, research what to sell and promote, how to do the whole thing.

Then you are going to need to spend money in ads mostly. Depending on the niche, you will need to spend it on content creators as well. Money goes by fast unless you start making more than you spend, but sometimes it may take a while. However you never know if something will work, so you may be wasting your time and money.

How much should you spend before it is clear there isn't a demand for the content or stuff you try to sell no matter how much time and money you spend on it?

I know a case of a guy that spends around 800k in ads to clear out 200k. This is fucking nuts but profitable. However, was he always profitable? for how long you remain lossing money until you start making it? etc. I have this fear that you could end up going from idea to idea lossing all your savings. Ironically the only way I ever made money was spending 0 on it, I just made content that lucked out with the algorithm and kept at it until they ruined my life with an unfair demonetization of my channel. There's no way to monetize this traffic beside ads and they wouldn't tell you what videos cause this so im screwed. So now im thinking what the fuck to do, but I don't want to waste my savings on ads and editors for nothing.

Im going to go all in on MSTR with 400k€ which just follows BTC with a premium and hope to 3x this by 2025, which would be around 1.2MM€
Then I will put all of that on some dividend paying index fund or ETF I can buy from Europe (I cant buy SCHD so something similar). After taxes it may be around 980€.
Then I will go back to 1MM€ due compound interest even if I spend all of my dividends on things.
I have lost my income, im 34 and have 0 job experience, I just lifehacked myself into money on youtube in a niche I found 7 years ago that stopped being monetizable. I was making 15k+€ a month and I was on top of my game. You wouldn't understand how it feels to make that much money from home. It was a fucking dream. I would rather kms than wagecuck after having experienced that. I cannot replicate that again, it's a new paradigm, things will never be like they were. Instead of killing myself, I have decided to take this bet and hope to finally be free of stressing about money. I only need around 2k€ a month.
Thoughts?

>without the State protecting us we are going to get fucked in the ass by billionaire/trillonaires.
>"fuck the state go bitcoin gooo taxes thief"

>even if BTC goes to 100k, hell even 200k, you need to have a fuckton invested already to be rich

Fuck this scam. What's something cheap that you can buy and isn't bubbled as fuck?

>>27250978
So what is on your portfolio?

>>25611086
https://www.instagram.com/p/CGdM1vJhU5H/

ehh

>Trump just started the fire for a civil war

What a fucking clownshow. Time to short it to the ground.

Fags, Soibois, Autists and Incels.
>How can we profit from this?

>global lockdowns that will last for months creeping up
>no realistic chance of vaccine or treatment = continued lockdown clusterfuck uncertainty irrespective of what you think about the virus
>Biden about to win and outlaw withdrawing from exchanges making investors and miners panic lowering hashrate and thus lowering price
>higher taxes = all markets going down

Sell everything, sit in cash and come in the future.

>Lockdowns everywhere again
>Biden is about to win
How low will the dead cat bounce go?

>buy bitcoin
>sell bitcoin
>bank rejects withdraw
>money trapped in shitxchanger

whats the point

>tfw premature ejaculation
At least I can save myself becoming mortgagecucked to keep a plain jane gf

>2nd corona wave is making businesses close again
>vaccines delayed due side effects
>US election clusterfuck no matter the outcome

What will be the new low for this dead cat bounce?

I just went long with my entire net worth on penis.finance

i just went all in on penis.finance

>>22907871
>make prostitution impossible and all transactions digitally tracked
>give the same guys that can't fuck hot girls (80% of male population) easy access to weapons
>secure

Hoping for a Bizonacci return is the only reason I havent killed myself yet

Does this make me a degenerate