/biz/ - Business & Finance

>>20021840
share more details anon, what changed and who changed? also thanks for the warning, i've kept it all to myself and nobody is the wiser

>>20021840
Why would you tell someone you have money fucking idiot. Not even my mom know I have 100k+ in shitcoins

Aw, that sucks bro. I told them, but they were more interested in learning how to do it themselves.

>>20021867
But how will my parents know that I made it? They resent me when I'm poor and they will resent me when I'm rich, what do I do bizbros?

>>20021939
You have gay parents.

>>20021840
well why would you keep it all for yourself if you could finally spoil your loved ones?

>>20021840
my parents can't use computers. only my mum knows i have some money in investments but she does not know the sum.

I give her the 5% of the gains telling her it is the 50%

>>20021939
Forget them and move on with your life.

that's what you get for being a retard bragging about having money. what did you expect? no one likes to see other people more successful than them, it's human nature

don't ever tell anyone about your crypto gains

Fuck me too late. I've been telling them about a coin for years and it got to the point where I have told them how much I got.

Me and my fucking nice guy syndrome wanting to help everyone. I havent gained that much but it has already bit me in the butt. So I can already see what you're saying OP

>>20021840
You want to know whats worse fren?

When your parents lie in 2017 saying your a bitcoin millionaire and you go to some fancy restaurant and they use you to show off even though you told them you didn't want to

Even though you did turn $800 into $20k into $240k in December only to get rekt trading 2018....and losing 80% of it smfh

That's the hell that I am living in currently. I paid a lot to learn my course of being rekt now I'm right 90% of the time but I have NO MAJOR FUCKING Capital to make significant gains

I am legit looking at trading shit forex which is a joke compared to crypto. The problem is I left the game for 1.5 years and now I'm coming back, I looked at all the other traders who were worse then me and they are up 20-50 BTC since then...


THIS IS HELL

>>20021939
Hate to break it to you buddy, but it sounds like it's not about the money.

>>20022345
When did you come back and what're you in? Got dragged back into the game by fucking crackafee recently as well.

>>20022345
XSN and DMG anon. They are the next wave so get in now

>>20021840
are you american?

>>20022345
also nice blog post karen but kys

>>20022418
stfu queer you don't even know what Bitbean or Digibyte is stupid Mid 2019 zoomer

Your first exchange you traded on was Binance you late fuck buying all the tops

>>20022437
wow that really hurt there my guy, please stop it

>>20021840
you can always get, you know, new friends instead of crying about your lider high school mates that will never amount to anything and want you to stay like them
sorry about the family, but its also not the end of the world, if they truli resent you then theyre not worth it, but give them some time maybe theyll mature up to it at some point. stay strong

>>20021840
>NEVER EVER tell your family and friends about the large gains you have made
> no gains
> no friends
> no money to invest
okay.

>>20021840
I told my mom and she was pretty meh whatever but then I asked if she had 7 figs in her retirement account and she said oh no no. How do you and your spouse make over $100k each for the past 20 years while living in a low col area and not have a million bucks in your mid 60s. I’m already halfway there and I’m retarded with an associates degree.

>>20021840
Man if I ever tell my mom how much I lost in crypto she is going to kill me

>>20021840
I got my mum to buy some link as insurance in case it moons. Now we'll all be rich

>>20022682
what a good son you are snon

>>20022682
AHAHAHAHAHAHAHAHAHAHAHAHA

If you have a well paid job, should you keep that secret from your family and friends, too?
They might get jealous, treat you badly, and ruin your life.

>>20022702
Don't you love your mummy too, anon?

>>20022457
anyone who uses the term karen blatantly shows how much of zoomer and incel they are

try seething harder next time, cuck

>>20022345
I will tell only you this : mcp3d. Research and do what needs to be done

>>20021840
Agreed.. nothing is worse in the long run. Made similar but not dramatic experiences after BTC peaked 20k. Just don't talk about this shit except trusted friends who are also in trading.

>>20021840
I can confirm this.
I made 50k$ on LINK and told my parents about it, i dont get free stuff anymore (eastern europe)

>>20022437
Fucking based hahah
>Mid 2019 zoomer

>>20022817
>If you have a well paid job, should you keep that secret from your family and friends, too?
It depends but in general it is ok to let them know a ballpark figure if you have an honest job. There's nothing wrong with buying an expensive watch if you're a surgeon.
The reason you should keep crypto gains secret is 1.They are easy to steal and 2.People don't respect them.

>>20021939
I invested 15k for like 3 years starting in 2016 never said anything to parents when I had over 250k (last summer)I said to my pops I got a quarter m to my name how should I invest this ( I was ready to pull out invest in stock get cash dividend) I was 25 parents didn't pay for my school never helped made me get a job when I was in school even tho they didn't help pay and I was told to get out in a month (haven't spoken to them since but a single Christmas card they didn't respond to) anyway op fuck em

you guys need better friends, mine haven't changed since knowing I made money from crypto.

>>20022849
you can stop coping now karen

>>20021840
>1 post by this ID

>>20023050
>1 post by this ID

>>20022817
They're not jealous, they just use you to brag to their Friends/siblings with kids.
"My son is an engineer who makes x ;) "

>>20022849
Calling women Karen is actually just a loophole for SJWs to talk shit about women while deluding themselves that it's only some women and they're still being PC.

The truth is that all women are Karens.

>>20021840
Poorfag who turned $500 into over $30k here. My dumb cousin asked about how to invest in crypto, only he's broke as shit and wanted to take out a loan and use it to buy. After explaining how dumb that is he eventually gave up, until I spoke to my uncle a few months later about my gains and he blabbed to his dumb son who now hates me because I apprently "Didn't want him to get rich". It's such a fuck up because the only reason I made those gains were through dumb luck riding ESH and then chucking eth all over the place in uniscams and got lucky with Statera and H3X, not exactly Warren Buffet over here but try explaining that to a dumb normie

>>20022205
Your mom is a CUNT for taking 50% of your gains. My mother would NEVER allow herself to take that much. Just my 2 cents..

>>20022651
People are fucking cattle and inflate their cost of living.

>>20023653
I mean you should have let him do it. In fact you were completely wrong to talk him out of it. Loans are an excellent way to reserve capital from the future. What this means is that if your dumb, broke cousin wouldn't be able to secure, 5,000usd or 10,000usd until years later, loaning it on credit is the best option. If he ruins his credit, fails to pay it back, lives with debt, then that's okay. 10,000usd is nothing to pay off in the long term scheme of things. But 10,000usd multiplied by 10x is 100,000usd. How long do you think it would take him to make 100kusd? Seriously consider that number given his intelligence and his work ethic. Now consider how long it would take to make 200kusd? 300kusd? 500kusd? A million fucking dollars. Had you advised him he probably would have listened to you to some degree. If you had explained diversification and the poor vs rich man risk fallacy he would likely be sitting in a decent position.

You are just as much of a brainlet as he is, for different reasons.

>>20022345
>forex is a joke compared to crypto
You're a joke with no trade plan. You were probably trading more than you could affird and without stop losses. No wonder you lost all your money.

>>20023687
>Had you advised him
If it went wrong he would've been blamed as well. I do give advice but always give a huse disclaimer that I'm not psychic.

>>20023714
That's okay if it goes wrong, that would be entirely on him. The argument still stands regardless though, you screwed your cousin from earning serious money circumstance, lol. I'm not mad at you, I just would never do that to a family member if I had the knowledge that I have on Crypto and how it can work serious miracles. I bought into LINK after its ICO on ED for 10K LINK at .06c. Eurobros got in before all the burger boys, so they dumped on ED for .02c profit.

Had a family member asked me then I would have said to invest 1,000usd into Crypto. My 600usd turned into around 40k, give or take depending on what LINK is currently at. The point here is how long it would take to make 40kusd, and how long it takes to make 600usd. At some point small amounts of capital are nothing compared to the potential profits.