/biz/ - Business & Finance

>>17504832
>Silver then moons and spot price is now €500 per oz. Why would any coin shop give me money for that?
Why wouldn't they? Silver mooned from like €4 in the 90s to wherever it is now and people pay money for it.
Gold mooned from from like $30 bucks to $1600 yet people see no problem.
Similar things happened to crypto.

>How can I liquidate large quantities of silver in a country with no mints or pawn shops?
Via private individuals

https://www.ft.com/content/20c10d58-8d9c-11e7-a352-e46f43c5825d

are alts btfo after next year?

>>3251399
>Crypto is not digital gold, it has no value as a commodity.
Gold is immobile as fuck. Even at small amounts.
Try moving 50k$ worth of gold lets say from Europe to China or India via public airline.
Good luck.

>>2248770
Value investing and then switching to more active trading once an investment has mooned.
Buy and hold will be the most profitable strategy with very good value picks but not all of your picks will be very good.
I have around 6 currencies that I currently hold. I can keep track of them all but still get reasonable diversification.
My worst results came from day trading and not being patient enough.

Originally held BTC and wanted to wait till ~$2000 before switching to Altcoins but I noticed this time Altcoins where moving much more in sync with BTC and provided higher gains, so I switched my whole portfolio to Altcooins at around $1200. Also BTC might not be the rock it once was.

>>2248813
>Have you cashed any out?
Tiny amounts, like €30k to pay half of my student debt. But that was in fall 2016. If I had kept in in crypto it would be worth much more.

I probably have to cash out 4500€ soon to pay for my tax advisor. (He actually developed an elaborate strategy for me to move to Switzerland to become a tax foreigner in my European country and in Switzerland, I would only have to pay like 0.3% net worth tax.)

>>2249031
were talking German tax law. The would noit come for me immeditaly. But tusually they tend to get their shit together after a few years and then go full Gestapo. if I just stayed in germany I would have to pay 46,62% or 932.445,92 Eurobucks, while in Switzerland only like 6-10k Swissbucks.

Tfw. want to withdraw funds from Poloniex but portfolio grows more than $25k/day so on most times I end up with more money on Polo than before.

Their support claimed that the compliance guy would Skype with me to raise my limit, but he never contacted me.

>>1832856
It's much more difficult!!
The reason is that when you're small a lot more ideas are profitable and make sense for you, that wouldn't be scalable to a billion dollar business also many of the things that make you a millionaire can be relatively simple. May people that are not "too" smart or innovative became millionaires by just running a normal regional business.

Also, the realm of business ideas that are scalable to such extent is very crowded with money from VC's, Banks and rich individuals. In the six and low seven figures, you're basically going after the low hanging fruits that are too small for serious investors.

>>932410
>manager
>her
There's your problem, anon. Every time there has ever been a new female manager, I switch out departments. It is never worth it because of what you just mentioned.

And trust me, it only gets worse the higher up in the world you get. Women begin to feel empowered, even worth something. In reality, they are just there for eye candy. Most are just "office hot". That is, they look okay in a dark bleak cubicle, but you wouldn't even do a double take on when walking down the street.

Judging by your $13/hr wageslave, I would first try to reconcile with the boss in order NOT to get fired. Be her friend, tell her she looks nice today, "Need anything before I go home?", etc. These are things that a woman's simple mind expunges dopamine and serotonin on.

But if you are truly looking for contingency, I would save as much money as possible and live your life as you were about to get fired tomorrow. In your spare time, don't be afraid to look at new jobs, revamp your resume, or maybe seek higher education. You don't want to be a slave forever, do you?

Just always peruse your own self interest, look for better opportunities, and try to tolerate your woman boss.

>>929406
>he already owned factories and a newspaper company before he even touched stocks.
>Place and time irrelevant

>Be Russian Warren Buffet 1917
>Own Land, factories and Newspapers
>Suddenly you own nothing and get killed by Bolsheviks
>>Place and time irrelevant

>Be German Warren Buffet in 1945
>Own Land, factories and Newspapers
>Land is now Poland and you told to fuck off
>factories bombed to shit,
>get thrown into prison because your newspapers printed Nazi propaganda
>You were smart ass and bought some US stocks since you thought they might win : USA: lol no, we seize all foreign assets and keep them as reparations
>At least you invested in IP and got the patent for magnetic tape recording. USA: U what m8? ;)
>Place and time irrelevant

>Be Somalian Warren Buffet at any time
>Own Land, factories and Newspapers
>le ebin value investor
>Nobody gives a shit ever
>Best value companies in your country never blow up on a global scale
>No rigged banking system to drive up land prices
>No biggest industrial expansion man has ever seen
>Place and time irrelevant

>>873158
I hope someone like you never gets control of the ship of money. (https://www.youtube.com/watch?v=UQIsb_2i-GU))
This is literally only flashy parvenue hedonistic consumption. Blue pilled as fuck.