/biz/ - Business & Finance

It's only a loss if you close

>>17761129
That's right anon, HODL
somebody else's bags

>>17760693
i can barely make rent, feel blessed you ever had that much to begin. i would have pulled it and had a trust sset up at even close to that.

Oh man I know how you feel, I lost like 50 dollars

lost 5 years of saving, not even joking

>>17761290
Dumbass faggots shit gets worse before it gets better quit crying and have patience fuck sake fucking stupid zoomers dont you know anything warren buffet ever said

>>17760693

swingers get the rope, thanks for the free money

>>17761290
itll bounce back in may-july. no worries, unless you were living off gains. in that case, worry and get that resume out

i lost 19,000$ the most money i ever had and i wanna neck myself

>>17761290
Should have bought something tangible instead. Like land in a good area. Somewhere you would actually want to live. Away from the cities.

>>17761345
It also gets worse before it gets even worse.

>>17761345
>buy when theres poo in the streets
what did he mean by that

>>17761388
Are you 12?

Explain please

>>17761461
no im just poor and fuck off cunt

>>17761425
Are you fucking retarded? You think shit just crashes forever and then all the money disappears? People are taking breaks for quarantines but it'll be business as usual again in a few weeks, and the recoil the economy will have is going to operate off the same intertia that crashed it so hard, mark my fucking words. I have been gifted with knowledge of the Anunnaki.

>>17761507
Owned epic style

>>17761425
unironically, this. remember the initial drop to 6k? it was hard and fast. it bounced and there was temporary relief....but it really was just the beginning.

>>17761461
32 here, never had more than 11k at once. life's hard sometimes. when I was 12, I thought the 36k my household lived on was a lot haha

>>17761507
>>17761388
Dont worry man I blew $43k on whores weed booze and food, you can always earn a loss back

>>17761541
Made my first million by the time I was 22 and living in the philippines
What's your excuse mate

>>17761611
How did you make your first million?

>>17761631
By having around 20k usd in my bank, working for the US embassy and at the time that was around 1 million pesos. I quickly burnt all that money soon after returning to america

>>17761667
so you never made a million

>>17761167
Liquidations

>>17761792
I was technically a millionaire in the philippines because I had over a million in local currency and also I stayed free in a 5 star high rise condo in makati and made over $420 a day from salary and per diem while there so suck my fuckin dick taxpayer broke boy i was a millionaire before you were born

>>17761290
Thank you for playing. Please come again

>>17760693
i lost 20 million

But I will holddd

>>17761971
thats not a real millionaire you stupid retard dipshit moron basedboy cock face nice try why are you lying to impress the internet wow you're really fucking cool

>>17760693
HODL YOU FAGGOT

>>17760693
I just lost like 10 bucks on some taco bell burritos I feel you anon

>>17762007
Fuck you faggot, as if you ever did anything for this country yet you cry when your stonks crash because you want to sit on your fat ass and live off NEETbux investment gains, sorry to burst your bubble but real former millionaires like me actually work to earn their keep unlike you fucking scum

I lost every single person in my familys money
I was their money manager

>>17762060
LOL okay larpfag you and your bullshit high rise hotel no one gives a fuck about the Philippines cool dude your equivalent of $1300 USD really gets me excited you can almost afford a ticket back to america LOL you served your country proudly what an IDIOT

>>17760693
>he didn’t diversify
If you had more than a million and didn’t cop multiple rental properties, you are a fucking dunce.

>>17760693
why the fuck would you hold 2 million? i would have sold and retired by then

>>17762060
Wow, just wow

>>17762105
K first off you are illiterate, I said I had 20k USD which equates 1 million actually more then 1 million pesos now which doesnt = 1.3k usd idk where you puled that number from probably your ass but whatever doesn't matter cuz you aren't realy worth replying to if your actually too fucking stupid to make a million yourself so you can't talk with me or any other millionaire big boys who lurk here because youre a poor schizophrenic who gets $900 a month social security benefits and begs for money to buy alcohol because your food stamps card wont buy it

>>17761611
>>17761631
>>17761667
kek

>>17762068
Time to change name and state
I recommend San Francisco to start a new life in
It won't be easy but once you get a foothold maybe you will make it, but ultimately no one will find you there

>>17760693
im up 600 bucks since all this shit started

>>17762154
>"you are illiterate"
>"your actually too fucking stupid"
>"your"

nice going retard good to know i can cross the Philippines off my list of places to visit because they dont even teach you the difference between you're and your, really nice bro you're impressing me with your 2 million bullshit mexican pesos or whatever the fuck you said

I love 80% of my networth is 2 days, I don't know what to say

we're talking about the collapse and contingency plans get the fuck in here faggots discord gg/rMV8AD

>>17760693
>I JUST LOST 1.2 MIL IN THE LAST 2 HOURS WTFFFFFFFFFFFFFFFFF
You'll gain more when the measures taken in the last few weeks actually work. If not, well, you're as fucked as everone else. Guess you should have invested in bullets.

>>17761254
kek!

>>17762368
Fuck you, im a gymmaxxed gigachad US MARINE and I guard the president at the white house now. I dont need to spell when my hands are focused on my years of training on how to kill. Spelling is quite literally for DYEL fags who never go outside. Good to know youre a women and thats why you can't stack a million in your lifetime like I already did when I was considerably younger

>>17762426
Yeah you want me to join your discord to trace my IP and steal my bitcoins fuck you I bet you glow in the dark

>>17761512
>in a few weeks

you might be right, but with the insane overvaluation that's been happening the past decade, alongside the massive growth corporate debt, i doubt you are. hopefully you are. but i doubt it.

my guess is 2022/23 recoveries.

>>17762992
Yeah that's a solid point, shit is overpriced and dumb these days. This balloon burst might be a good thing, we can return to bartering and exchanging chickens or corn for goods and services like God intended.

>>17762004
20m American dollars?

>>17763065
No, 20 million philippine pesos

>>17763082
Meh

>>17761230
Sure you would have

>>17762118
Money is the one thing you can never have enough of, the obscenely rich are concerned with getting even more rich, it's basically a disease.
Like I'm not trying to spread of buddha "the greatest wealth is contentment" shit but if I had 2 million I would just retire and pursue my hobbies/passion. Buy a nice home out in the country, put the rest in a savings account with a good % interest, which off a high amount like 2 million could arguably just pay my bills from the interest alone.
But too many rich fucks just want more more more and end up losing it all to get a bigger mansion with more cars, usually they lose it to some gold digging whore who he cheated on.

>>17763396
>Money is the one thing you can never have enough of, the obscenely rich are concerned with getting even more rich, it's basically a disease.
it's a symptom of being human. animals are content with satiating hunger and sleeping. human beings want to be something more than what they are, they're never satisfied. there's a longing in every human being to break their current boundaries. endless money greed is just one of the manifestations of that human longing.

>>17763396
Spoken like a zoomer with net worth sub 1,000 USD.
2 million invested at a patrician percentage of total assets (as any intellectual who accumulates wealth through investing knows) is NOWHERE near total gains. 2 million could be mere pocket change in the grand scheme, but I would still be cognizant of every penny I account for (loss/gains)
Because who doesn't like to count their money, old sport?

>>17763396
>$10k a year will pay the bills
seriously?

>>17763557
Yeah you will qualify for food stamps and property taxes can be waived in certain cases and how much can you REALLY spend on electricity a month cmon?
Just live frugal dude you don't need much

>>17763557
Look I'm a simple guy, give me a violin and I'll sit at home and compose for days on end, I'd be doing that now if I didn't have to worry about bills. I don't go out and waste money on pointless shit, I'd rather work of music and art and live a simple life while exploring the complexities of my craft.
Sure I'd have to spend from the savings as well, but I'd imagine that 2 million with a decent interest would last me to the end of my days. Maybe I can invest a little money on something I won't have to do anything to maintain and can just harvest once a year and sell.

>>17763521
2 million could be pocket change, it could also be something you live off the rest of your life if you're not a greedy moron. There are far more important things in life than making as much money as possible, I won't like I'd like to be well off enough that I could live a modest life and never think of money again, that way I could pursue things that I find infinitely more interesting than stonks, not to mention you're playing into the jews' hands by making your life revolve around money.
Make enough, be smart and spend it wisely and find something worthwhile to dedicate your life to and no money is not a worthwhile endeavor.

>>17764153
>could be pocket change
>greedy moron
I'm sorry but if my 2 million is something I hold as pocket change, how am I being a moron, with the implication I have at least a hundred million more?
We simply aren't on the same level, old sport.
I see you're versed in 4chan memes. Perhaps you mismanage your time, and thus finances.

To provide a smooth user experience, the #Tachyon Protocol does not have any hard requirements
for the client node.

>>17760693
i dont believe you

>>17760693
F

>>17763557
barclays does 2.2 percent-off 2 million that's 44gs dude. Free fuckin money.

>>17761997
kek

>>17760693
get a job

>>17764535
NOOOOOOOOOO
I DONT WANT TO WORK
I'M BETTER THAN WAGIES!

>>17764226
Because whether you have 2 million or a hundred million is meaningless if it's never enough. Sure it's much nicer to cry in a Rolls Royce than it is to cry on a bike, but money won't bring you happiness or fulfillment, I realize I'm getting a bit philosophical here, but from what I've seen when men don't have any true passion, any true goal to aspire to they go to the two things that are base and primal. Money and sex. Men who don't have something like music or art or anything that they're passionate about will always try to make a bunch of money and fuck a bunch of women, and while both of those things are of course enjoyable, neither of them are truly fulfilling.
Money is a tool, nothing more, having an obscene amount of it is actually rather pointless. I've had people far richer than I am tell me they would trade their wealth to be skilled at an instrument like I am at violin, they lack real drive and ambition. They lack will, because instead of pursuing something meaningful, they chased after pieces of green paper.
They are ironically worthless and will amount to fuck all, I on the other hand have a chance to perhaps join the great composers of the past like Vivaldi or Bach and be remembered for centuries for my music.
Money could buy me a very nice violin, but it could never give me the skill to play it, even with lessons you would have to apply yourself and practice for hours on end away from the teacher you paid and money cannot do that for you.

>>17764226
As far as my time and finances are concerned, it is merely a matter of time before I can essentially retire and do music full time, perhaps a few years if I'm correct in my planning, or perhaps sooner if I am lucky. I'm not too concerned about it as I have more important things to worry about, more important things to work on that will also take time but will make the acquisition of money even easier.

There will be some trouble ahead for sure

>>17760693
Op are you dead?

>>17761997
underrated

>>17763396

The insanely rich are only rich because they're geared to accumulate money. A certain kind of autist is needed to earn a billion dollars: they'll play the game till they die.

>>17762961
Taking this copypasta

>>17764695
why would you repost that utter trash.

"dunning kruger" look, am I smart yet?

I have an unrealized loss of 60k USD now. But if I had put more of my money into tokensets then I would have now profits of 60k... Robots are the better traders

>>17761290
If your savings are that volatile you're not exactly saving your money dumbshit

>>17760693
Get to work, wagecuck

>>17763396
>>17762118
2 million is nowhere near enough to live well for the rest of your life, you need 10 million at least. Keep in mind that there'll be plenty more recessions throughout your life, and all sorts of other crazy events going on; your life is not at all predictable. WW3 could start in the next 80 years.

>>17761997
based

>>17761997
Nice comment kek

>>17760693
I lost savings that I started in 2009

>>17766785
he is right though. Airports should be closed since january. But "muh market" wasmore important. In the end both the markt could not be saved anyways so now the real killing will start.

>>17760693
I just lost 32k.
Want to die.

>>17767065
You could have lived in an eastern european country or anywhere cheap. Because yeah in a first world country you need 12 mil for 80 years just to live acceptably.

If you didn't start shorting this about a week ago... why even /biz anons...

>>17762007
>stupid retard dipshit moron basedboy cock face
fuck yea, tell'em

>>17764578
>I on the other hand have a chance to perhaps join the great composers of the past like Vivaldi or Bach and be remembered for centuries for my music.
Wanting to be "immortal" like that is just as pointless as having a shitton of money