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/biz/ - Business & Finance


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File: 130 KB, 1626x870, fun.png [View same] [iqdb] [saucenao] [google]
16080461 No.16080461 [Reply] [Original]

I sunk $200k of my inheritence money (90%) into FUNFAIR back in 2017.... will this shitcoin ever recover??

>> No.16080467

ahahahah

>> No.16080474

Kek having fun? Big things soon™

>> No.16080475

>>16080461
kek what a retard
everyone laugh at OP and how stupid he is

>> No.16080478

>>16080467
I'd appreciate some real insight or help feeling better.

>> No.16080487

>>16080461
I thought all the funfair bagholders must have an hero'd themselves by now.

>> No.16080490

>>16080461
You're a fucking idiot and deserve what you're getting because you literally fucked up the first step.

>> No.16080501

>>16080490
What first step?? I bought mainly in December and early January 2018... At it's peak.. I don't even want to say what my wallet was worth because it makes me feel really bad

>> No.16080504

>>16080478
at least you didn't lose money you worked for, you have 86k left, maybe cut your losses and use that 86 to invest in something else or just put a downpayment on a home and start renting out

>> No.16080509

>>16080461
>>16080478
your not getting it back. If you have 200k and dont know what to do with it, you should have payed a financial advisor for advice. This should be a serious lesson that you do not take financial advise from people who have no responsibility in whether you lose or make money.

Im surprised someone with such retarded genetics could inherit such money.

>> No.16080513

>>16080461
how do dumb people have so much fucking money fuck

>> No.16080519

>>16080501
you always diversify

>> No.16080521

Sounds like a useless shitcoin, but maybe it will recover a tiny bit in the upcoming bull run. But I wouldn´t count on it. Invest in Tezos if you want your money back

>> No.16080523

>>16080461
Dude if you get a large sum like that don't put it into crypto.

>> No.16080526

>>16080501
By dumping 90% (basically all) of your savings into a single investment.

>>16080509
This.

>> No.16080527

>>16080461
just sell and put it into chainlink, that is your last hope. stop gambling. buy link. hold. dont trade.

>> No.16080536

>>16080527
Just do this OP. Link is a winner

>> No.16080541

I'll ask the question that's on everyone's mind
Are you having fun OP?

>> No.16080555
File: 301 KB, 450x437, 1512534040159.png [View same] [iqdb] [saucenao] [google]
16080555

a-are we having fun yet?

>> No.16080574

90% of the shitcoins that saw the mania of december 2017 will not come back.
Sell and buy another one that is primed to take advantage of 2021's bull market.

>> No.16080585
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16080585

>>16080478
Flip it for Link , are you another one of these
>I left /biz/ for 2 years nuOLDfags?
Get a grip tighten up buy chainlink

>> No.16080592

>>16080461
shh. only fun now anon.

>> No.16080597

>>16080461
>>16080478

do yourself a favour and turn it into BTC LINK and ETH

>> No.16080603
File: 76 KB, 1024x1024, 99030_003.jpg [View same] [iqdb] [saucenao] [google]
16080603

>>16080574
>2021 bullrun

>> No.16080610
File: 70 KB, 800x582, GettyImages-930533880-800x582.jpg [View same] [iqdb] [saucenao] [google]
16080610

>>16080526
All on is actually a great idea if you know what you see doing.
Cowards who know nothing diversify (read: all bankers and stockbrokers)

>> No.16080631

>>16080501
>I don't even want to say what my wallet was worth because it makes me feel really bad
What was your wallet worth at peak? I will help you if you answer

>> No.16080637

>>16080461
That's around 30k LINK which is a /make-it/ stack. Just lick your vagina and deal with it.

>> No.16080671

>>16080631
Looks like around $6.37mm which means OP is probably larping

>> No.16080675

>>16080501
So you bought high and will likely sell low once you finally give up. Congrats, you're dumb money.

Anyway, if you want to make your money back, put everything into bitcoin and wait for the next breakout (november or december). it will hit 16k for sure, probably 20k because FOMO is going to be huge once we hit that new ATH. This is your best chance of getting your investment back.

>> No.16080698

>>16080475
>>16080474
>>16080509
>>16080675
look at all these smug faggots

OP went from 200k -> 86k. Barely 55%. Most shitcoins are down 95% or more. Consider yourself lucky. You can easily turn this around into a mill or more

>> No.16080721
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16080721

>>16080698
Nice fucking math brainlet. If OP is not larping and telling the truth then he is down 98%. Explain your math shit stick

>> No.16080723

>>16080461
Anon wtf are you larping?

Even back in 2017 I remember seeing funfair and understood it to be a token for gambling and games

Anon just cashout the $80k

Buy 1btc 32eth and then some platinum and silver.

You will be comfy off that stack I promise.

>> No.16080870

sell it right this fucking second put it all in the OG bitcoin from 10yrs ago and hold to after the halving and sell some of your massive profits at that point.
here https://coinmarketcap.com/currencies/bitcoin/ now sell your funcoin and get that

>> No.16081068

>>16080721

are you retarded? hes only 55% down from his initial investment

>> No.16081349

>>16080461
Just buy chainlink.. easy 3x from here.

>> No.16081390

>>16080461
Pull it all out
Pretend you inherited 80k
Dump 50% into low risk domestic industry and mutual funds and such, 25% higher risk / reward, save 15%, 10% speculative (crypto, cannabis, self driving cars etc)
Take the extra 6k and buy yourself some nice furniture or other luxury items you always wanted

>> No.16081439

>>16081390
>Pretend you inherited 80k
lmao

>> No.16081453
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16081453

>>16080461

OH FUCK, HAHAHAHAAHAHAHAH

*breathes in*


AHHAHAHHHHHHHHHHHAAAAAHHA

>> No.16081462

>>16080478
>help feeling better.
Not gonna get that here dude.
Fun is more than likely dead, I'd be amazed if it ever recovers. How much $ do you have left? Like 40k or something?

>> No.16081612

>>16080461
I blame your boomer parents/grandparents for letting you control that money on your own.

>> No.16081663
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16081663

>>16080478
>help feeling better

Kek man up fucking faggot you're not getting that money back and it's likely be 0.00 when major exchanges start delisting your shitcoin so sell, investigate and start all over again with what you've left.

Welcome to the real world

>> No.16081675

>>16080461
>>16080461
dumped my losses on this coin into link and never looked back, do it asap

>> No.16081684

You damn retard literally gambled inheritance money on a casino ERC20 shitty token.

What the fuck is wrong with you?

>> No.16082501

>>16080610
what do you mean? there will always be risk. nothing is guaranteed.

>> No.16082615

>>16082501
He is right technically, if you know your shit diversification is idiotic, Warren Buffett also says something like this.

But if you don't know anything just buying and holding that diverse market index fund should suffice.
If OP the retard had bought Vanguard and hold for 10 years, at the worst case he would have made his 200k 250k, probably 300-350$k

>> No.16083551

You are fucking insane if you think that it is "gonna bounce back". Money is fundgible. Get it out. Also, you could have literally used a free roboadvisor and that money would have still be somewhat well diversified and have a reasonable risk/return profile. I mean seriously, what the fuck were you thinking?

>> No.16083580
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16083580

>>16080478
Remember that in the end money doesn't really matter and you'll be dead in a couple decades and be forgotten in a couple more, no matter how rich you are. Thats how i cope with losing money, anyways.

>> No.16083601

HAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

*ahem*

AHAHAHAHAAHAHAHAHAHAHAAHAHAHA

>> No.16083602

>>16080461
I AM COOOOOOMING

>> No.16083630

>>16080527
scam

>> No.16083906

this is why crypto is such a promising thing
dumb people ALWAYS lose money in this space
it's like a fucking eugenics program but for money

>> No.16083939
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16083939

>>16080461
For what it’s worth, I do sympathize brutha

I’m an old FUN holder too, never sold a single one.

Obviously nowhere near your level but a good $500 bucks at least I’m sure

>> No.16083972

That's tough. Sell and go-all in LINK.

>> No.16084037

>>16083972
LINK is literally just as vaporware as FUN, ZERO DAPPs using it

>> No.16084149

>>16080504
lmao imagine OP cashing out his FUN bags and somehow collapsing the price of FUN even further.

>> No.16084155

>>16084037
This. Link fucking sucks lmao.

Wish I got in to ride the wave but the coin itself is trash tier

>> No.16084306

>>16084149
>op tries to sell his bags
>nobody fucking wants them bc ded shitcoin
>no demand high supply
>crashes himself to $0

>> No.16084325

>>16080721
please explain

>> No.16084342

>>16084037
I mean, yeah he did buy FUN but he has suffered enough.

https://github.com/Synthetixio/synthetix/issues/293

>> No.16084918

>>16080597
This. Quit bitching OP. Cit your losses but you still have maybe... $65-70k after unloading your bags. Which is a lot more than most here. Also get

>> No.16084955

>>16080527
this, but wait a few weeks to see if it doesn't crash. still up like 50% on the month

>> No.16084975

>>16080461
>>16080597
>>16084918
And maybe spend a few grand on cheap coins like TRX,NKN,ONE,FTM in case they moon. You have enough that 1 grand in each of them will yield huge profits if any of them moon, and it wont cut in to your linkies

>> No.16085035

>>16080461
real advice op: cut your losses & reinvest
>20% bitcoin
>20% eth
>20% monero
>20% link
>20% physical silver bullion

bitcoin because it is the most stable of the cryptos (less likely to fail), eth because it is where all the development is & eth 2.0 is likely to be the catalyst of the next bull run, monero because the government has yet to use public blockchain analysis to fuck people over (meaning when they do, monero will go parabolic), link because it's much more risky, but has an incredible upside potential assuming it is successful, physical silver so you have something to sell for more crypto after the next bull market crashes & to protect you from a general recession that is likely to happen over the next few years.

if any of those crypto ratios gets wildly out of wack, sell whichever is outperforming the rest for the others to reinstate equilibrium. and only check your portfolio once per month.

>> No.16085059

and i always wondered who are the people i dumped my bags on

>> No.16085077

>>16080461
my advice would be to not sell now. just keep holding.
it's still on good exchanges with decent volume.
I was in a similar position and ended up "cutting my losses" and reinvesting, and missed out on the recovery of my original shitcoin which was thousands of %'s. just be patient.

>> No.16085101

>>16080478

Go to plebbit lmao with the r/Vechain

>> No.16085723

>>16082615
>if you know your shit diversification is idiotic, Warren Buffett also says something like this.
Diversification is never idiotic. Buffett can say whatever he wants but he is still diversified himself

>> No.16086128

>>16080461
no way you put your inheritence money into that shitcoin. if it's true you deserve to lose it all

>> No.16086151

>>16080461
>I put $200,000 into an ethereum token called FunFair
>am I going to be ok

Are people here now genuinely retarded?

>> No.16086158

>>16086151
as some anon mentioned above
crypto is a financial eugenics program

>> No.16086169

>>16080698
>OP went from 200k -> 86k. Barely 55%.

Yeah it’s confirmed, this board is officially for third world lead fume huffing teenagers.

>> No.16086186

>>16086158
But the vast, vast majority of people who were dumb enough to invest in dumb shit never had much to play with anyway.

>> No.16086208

>>16086151
>genuinely retarded?
you're on 4chan, retard.