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/biz/ - Business & Finance


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14628512 No.14628512 [Reply] [Original]

I'm 29 years old. After graduating college my parents got me a condo in a major US city as a gift. I worked for a major company making 75k/year (started at 50k) and rented out the second bedroom for additional income. I was horribly depressed, but I didn't know it at the time. I drank excessively on the weekends, and would go after "low hanging fruit" so to speak in the dating scene. Now that I look back, I was screaming inside but I had become molded into a cog by government schooling and college (which basically is like slightly more advanced for of Pavlovian conditioning to make you into a wage slave)

In January 2017, my uncle who had no children of his own passed away. He left me 35k in his will. I went onto finance and investment forums on Reddit asking for investing advice. A guy privately messaged me and told me to put it into the top 10 cryptocurrencies. At that point I had heard of bitcoin once or twice, but never acknowledged it as anything special.

I started off buying some ETH and LTC, maybe about $1,500 worth. Then I found the exchanges, then I found biz, then I found DBC and I had turned 20k into 300k within 4 months.

My ATH in December '17 was 1.3MM. That's with already having cashed out 600k. Over the course of then until now I've cashed out an additional 400k, with my stack reaching a low point of 70k. But with Link's moon now my stack is back at 400k. So over I now have 400k in crypto and have cashed out 1MM exactly (pre tax)

I quit my job in '17, told my boss I was going back to school for a masters and potentially a PHD, but I just went and lived life. I spent about 8 months total traveling abroad, spending time with my parents, and a lot of time reflecting alone.

>> No.14628518

I spent about 35k on high end photography equipment and lenses, and have since become a wedding photographer. In 8 months I've actually managed to build up a pretty stable business, first by shooting many weddings for free for people who didn't have a lot to spend (I had an online resume of my photography before that, wasn't like I just went on craig's list and said I'll shoot your wedding for no charge).

I have never been happier in my life. I have a paid off condo and I live alone now, 400k in various investments, and 100k in my checking account for day to day life, and now my crypto stack is huge again.

I am so happy. Thanks biz. And I wish I could thank that guy on reddit as well. Live your life the way you want, guys.

>> No.14628531

we don't care

>> No.14628542

>>14628512
nice pasta, now fuck off.

>> No.14628565

>>14628512
Kys you blog tard

>> No.14628567

>>14628542
not a pasta.

>> No.14628577
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14628577

>>14628512
>>14628518
Great advice OP
>Just bee yourself

>> No.14628581

>>14628567
congrats anon

>> No.14628582

>>14628512
If you started life with a free condo you were going to be financially secure no matter what, kys

>> No.14628645
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14628645

>> No.14628646

>>14628582
sorry that my family isn't impoverished like yours, but getting a condo doesn't mean you're financially secure by any means.

>> No.14628654

>>14628518
>Live your life the way you want, guys.
Yeah let me just get a fully paid off condo and 1 million dollars first

>> No.14628679

>>14628512
>>14628518
Didn't read too long pls give a succinct summary in a few sentences next time

>> No.14628690

>>14628512
I'm 29, never had a job, date,girlfriend, kiss, sex, etc. All I have is 22k linkies. I hope it works out for me cause if I didnt have link I'd prolly kill myself

>> No.14628740

I’m a college dropout, drug addict on heroin right now, eating a coconut ice pop.

/end of autobiography blogpost

>> No.14628793

>>14628646
Absolute bullshit. I got zero free houses and zero free inheritances and my life would be 100x better if I was in your spot. Go fuck yourself, you don't get to complain about your finances.

>> No.14628802

>>14628740
Congratulations!

>> No.14628839

I could use a $35k inheritance.

>> No.14628854

>>14628793
based. rich will always get richer.

>> No.14628894

>>14628512
>>14628518
Good for you, glad to hear you made the most of your good fortune and are happy in life.

How high does link go in 5 years?

>> No.14628996

And another thing. "Live your life the way you want, guys." only works when you're a rich kid that gets a free house and rental income from mommy. Go tell that shit to any 35yo starving artist still working at a starbucks and ask them how it worked out for them. And you want to come in here and bitch about depression? Waaaaaaaaa, I have a paid off house and all this money but my work is unfulfilling. You've been living like a king. Try being actually broke and failing 30 job applications, then you can talk about depression.

>> No.14629031

good, now kys

>> No.14629052

>>14628996
30 job interviews*

>> No.14629164

>>14628679
op make gains
op happy

>> No.14629184

Fuck you faggot

>> No.14629253
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14629253

>>14628512
Can I have 2000$ please? My teeth are rotting out of my mouth and i haven't slept in a week

>> No.14629271

>>14628512
Congrats bro. Hope to get their myself one day. Happy for you

>> No.14629348

>>14628512
what's your stacks?

>> No.14629376

I'm happy for you but this shit triggers me because i unironically could have done the same if i wasnt such a fucking idiot.

>> No.14629392

>>14628996
Such a cope. Blame others. Don't take control. Life isn't fair. You gonna sit and pout about it, say mummy, he got the nike shoes. So he can score all the goals. Fucking whiner.

>> No.14629407

>>14628512
Tl;dr:
>gifted a free condo by parents
>rents out room for additional income
>75k job
>rents out room
>Waaahhhhh!!! Waaaaaaahhh!! I hate my job Waaaaahhhh!!!! I'm a big baby waaaaahhhh! I'm depressed waaaaaaahhh!!
>gets gifted 35k and turns it into million during the no-brainer 2017 bullrush
>quits his job to become a godamn wedding photographer
>says he's happier he's ever been and brags about his "paid off" condo (LMAO)

>> No.14629418
File: 871 KB, 800x578, OP.png [View same] [iqdb] [saucenao] [google]
14629418

>>14629164
Op sounds like a faggot desu

>> No.14629445

>>14628690
I have 65k link

>>14628793
I wasn't complaining about my finances, I was just telling you guys that it's possible to be free from the chains that hold us down, whether they be material or mental

>>14628894
I don't think 20-30 is out of the question. I think it'll follow the same trajectory as ETH and LTC circa March 2017 after getting on coinbase.

>> No.14629485
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14629485

>>14628518
cool GIF
Do you have an SO?
Are you attractive?

>> No.14629490

>>14629445
>I wasn't complaining about my finances, I was just telling you guys that it's possible to be free from the chains that hold us down
You have no idea what chains hold anons down. Literally no idea. You didn't live the live they live. You don't know how it is to be at risk all the time and taking another risk is just to scary. You risked one time and you win, now you think that you are a genius, but anons take that risk daily and have no stimuls to take more risk than they can handle, throwing hard earned money into questionable projects.

>> No.14629512

Does /biz/ believe every LARP or does summer hit just a little harder here?

>> No.14629514

>>14629490
This. Op is the biggest nigger kike in human history

>> No.14629608

>>14629512
I mean common guys
>400k in crypto, nice round number
>400k in various investments, literally the same round number kek
>100k in checking, another perfect round number
He's not even trying to be subtle

>> No.14629648

>>14629490
>>14629514
Two kinds of people on biz

>> No.14629741

>>14628512
I am happy for you anon, but isn't this like starting life in easy mode? I mean, I've never inherited anything, I have to pay for everything I own, this summer I'll be working 10-12 hour every day, 6 days per week, just because I need the money (and in my free time I do IT stuff for companies in my zone). I have like $500 in crypto, and I keep saving in order to become a small entrepreneur.

Congratulations, and wish me luck.

>> No.14629865

>>14629608
yes, those couldn't possibly be ball park numbers.

>>14629741
No offense but you'll never make it. Entrepreneurs need business skills and the ability to find investors, not to save up their meager earnings only to lose it all on a bad business venture. You need the ability fail

>> No.14629906

>>14629865
>No offense but you'll never make it.
I guess that's a challenge. Thank you, I needed it.

>> No.14629955

>>14628512
>found DBC and I had turned 20k into 300k within 4 months.
>>14629865
Fuck off with your fucking made up bull shit story. Nobody would be retarded enough to buy 20k worth of fucking DBC. If you are not going to attach proof in the form of verifiable transactions between 2 of your own wallets, then do not even bother making the thread LARPer

>> No.14629993

>>14629906
op is a faggot, don't listen to him
he literally sucks litteral dick

>> No.14630087

>>14629741
Not him but good luck
Hell I bet OP's parents even paid for his whole college. Fuck OP

>> No.14630171

>>14630087
This might have been normal for the boomers, but by millenial standards OP is the top 1%. Lots of millenials i know are working 10 hour days barely able to afford rent

>> No.14630185

>>14629955
I mean DGB, digibyte, though I did make a lot off DBC too.

>>14630087
yes they paid for college. Most of my friend's parents paid for their college tuitions. It's not a very big deal.

>> No.14630211

>>14630185
>It's not a very big deal.
Could you be less fat

>> No.14630232

Don't listen to the people ITT OP. You seem like a nice guy and I am happy to hear that you're in a much better place now. We need people like you who can dedicate their time and some of their money to making the world a better place!

>> No.14630238

>>14628512
newfag here. were gains like OP's possible in 2017? people had millions in unrealized gains from only a few thousand dollar investment on shitcoins?

>> No.14630247

>inherited money
>gambled it wisely in 2017
>made 1.4 million off of it
You can do it too anon. If you bought the right alts, you could do it. But this is shit tier advice with nothing of value

>> No.14630255

>>14628518
Fuck you

>> No.14630281

>>14629865
>yes, those couldn't possibly be ball park numbers
You could have taken the effort to make them more believable. This is very lazy bait

>> No.14630293

>>14630185
You reek of richkid logic. Free college is nbd huh, try reading the news. There's a nationwide crisis about this right now.

>> No.14630375

>>14628679
OP is larping faggot who will die alone.

>> No.14630392

>>14628740
Can I ghost write your biography? I’ll give you half a million braps for your story.

>> No.14630432

>>14629407
>>single and dies alone
You forgot that one. I learned from this that money can’t fill emptiness from loneliness.

>> No.14630560

>>14628740
o7, thank you for your service

>> No.14630598

I’m genuinely happy for fren.

>> No.14630649

>>14630293
Well, I got a STEM degree from a very good school because even though I knew it was being paid for by my parents, I would never get some useless degree, and it's the people taking out loans for useless degrees that are causing the debt crisis.

I do think that you should be allowed to go bankrupt on college debt though. The rule should be something like, "you're allowed to go bankrupt on college loans 10 years after receiving your diploma". This would prevent people from immediately claiming bankruptcy on their loans after graduating. If you go bankrupt in your 30's it will severely hurt your credit, thus giving you an option to let go of the loans yet still incentivize you to pay them off as you should.

>> No.14630821

>>14628512
well done op, congrats. make sure not to waste it

>> No.14630831

Best thing in life is health and time, money is just means to have those

Many things in life who people think are good actually take off from your vitality and time, like gfs, jobs or children (muh white race kek you are being played by literal neets), literally traps for normies so they don't make it

>> No.14630873

>>14630649
Cool, so now you were given a free ride to a "very good school". Fuck off richboi.

>> No.14630891
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14630891

>>14629376
Hind sight is 20/20. I knew about bitcoin when it was like $4 in 2010 but it was literally only used on Silkroad. We were more amazed at a website for drugs then some made up currency on it. I even mined it on a 5970 and had 3 btc once.

>>14630185
Really at this point the only people that should be going to college are those who can have their parents pay for it. But it is a big deal, kids are graduating with mortgage sized debts. This is an extreme damper on economic opportunity right out the door that no other modern generation has had to deal with.

>> No.14630954

>>14628740
based
>>14628512
>>14628518
not based

>> No.14630985

>>14628512
i feel like i read this before anyways if true good for you.

>> No.14631600

>>14628518
So you made some money by scamming your fellow man, well done. I guess as long as you remembered to send Uncle Sam his cut of ~$300k you should be able to stay out of prison. You did remember, didn’t you anon?

>> No.14631628

>>14628512
>>14628518
>1 M in the bank
>becomes a wedding photographer for free
>not a porn photographer/ starting his own modelling studio and picking the best thotties
Come on OP

>> No.14631681

>>14628512
Some people are just so blessed by God or God doesn't exist and your example is here to encourage the mass human suffering of the planet to grow, pick one.

>> No.14631948

>>14628577
This picture always makes me sad without fail.

>> No.14632246

>ITT seething poorfags
Why do poor people always get so mad that other people’s parents weren’t also low IQ peasants like their own thAt actually planned for their children’s future and had college funds set aside?

>> No.14632271

>>14628646
nigger

>> No.14632404

>>14630891
>I even mined it on a 5970 and had 3 btc once.
FUCK, you just reminded me that I tried mining btc once because I read somewhere that my 5770 was a good card for it
I had completely forgotten, I dont even remember what I did with that hard drive

>> No.14632441

>>14629253
meth will do that

>> No.14632462

>>14630891
They're tricked into going to college. We've had the idea that you're a loser unless you go to college beaten into our heads, and our parent's heads. It's sick. College should only be for serious academics, certain professions, and rich kids who want to buy a badge verifying they're "smart"

>> No.14632472

>>14631600
Yes, I used an accountant to calculate my taxes. Pretty basic step for anyone who has earned a somewhat significant amount of money

>> No.14632509
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14632509

Congrats OP, kinda similar to you with upper/middle class parents. I got fired from a few jobs and I happened to interview somewhere and a VP recognized my last name and called my dad (his former boss) and asked if I was his son. My dad asked if I really wanted the job and I said yes so he mentioned to the VP that I would be loyal and extremely hardworking. It pays 137k so I better not fuck this up lol, I've been working 2 months and feel pretty secure though.

My parents bought an investment triplex in Yonkers and let me live in one of them rent free.

I'm only 27 and have 90k crypto (btc/eth), 65k in my 401k, and 45k in savings. I feel pretty blessed. The best we can do is not be smug and try to be kind to others. I realize my life is going to easier than others in the future because I come from good genetic stock and they are smart people that actually try to build wealth.

>> No.14632512

>>14629445
You're an absolute faggot chainlink $1000 EOY

>> No.14632577

>>14628512
Congrats anon, enjoy your life.

>> No.14632871

>>14632404
Yeah the double-gpu set ups like the 5970 and 6990s were god tier for mining.

>> No.14632910

Is biz the new Wordpress?
I didn’t read your blog, you fucking faggot!

>> No.14633185
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14633185

>>14630247
I started with 6k worth of Bitcoin in 2015 and hit an ATH of 1.2m, still have 900k now
kucoin shitcoins were truly magical

>> No.14633308

>>14632472
TurboTax is better.

>> No.14633403

FUCK OP.

I hope the faggot gets flattened the next time he decides it'd be a good idea to cross the street. Literally no challenges. Just pure, unadulterated luck being gifted a literal home and fat inheritance from his uncle who was too busy sucking cock to settle down and have a family.

>> No.14633427

>just be yourself anon you'll make it

YOU DIDN'T MAKE IT ON YOUR OWN SHUT UP, YOU ARE NOT SELF-MADE, JUST LUCKY

>> No.14633682

>>14628512
>Already had tens of thousands of dollars to begin with
Yeah, if I had that money to begin with I would be a millionaire right now as well.