/biz/ - Business & Finance

>>23858726
Please don't post his picture again... :(

Imagine paying 8000k USD for 600 Link

You know that 2 years ago you could achieve the same with $150? Why risk 7 years loan... invest smart.

>>23858801
>Bitcoin was free 7 years ago, why would you pay $800 for one?
Saying this in 2017 would be exactly as retarded as what you just said

>>23858726
Less link, more PRQ

>>23858726
>I took out a loan
Yes, you are retarded

>>23858872
No, its not retarded. He just want to GET RICH QUICK. And the worst, using a loan... This is the most stupid way to loose money quickly (mostly overused by poor people). Investments and market is for patient people. Not for emotional degenerates.

>>23858726
looks like the FRM dev

great plan except kleros. How did you get the loan?

>>23858726
Yes.

>>23858965
>>23859065


kek, bitter saltfags detected.

Most advice on here is "gatekeeping", OP. It's when people give intentionally bad advice so as to prevent others from succeeding.

A loan at 4% to go into investing is a FUCKING AMAZING DEAL, what kind of retard won't make more than 4%pa on crypto, over a few years?

It's literally free money.

> NOOOOOOOOOOOOOOO you can't just raise starting capital at a very reasonable interest rate in order to get a huge head start on pajeets like me who have to work for 50 years to afford the fees for one coinbase transaction noooooooooooooooo


You only mistakes, OP, are buying those shitcoins. And not getting a bigger loan.

>>23858726
No but how did you qualify for this loan? It's hard to get loans right now especially in the US

>>23858726
This is a very bad idea

>>23858965
How is it retarded lol. Its only 15k not like he will be paying it off until hes in a wheelchair. Also 4% is a steal if it's a fixed interest rate considering how much inflation is about to occur the next few years

>>23858726
enjoy debt slavery

>>23858726
Nah that's a good interest rate and even just buying bitcoin would easily pay back the loan tens of times over.

>>23859243
>$15k
>debt slavery
spotted the pajeet

>>23858965
>He's scared of leverage
>literally leaving potential capital on the table
Ngmi

>>23858726
>Not going all in on link
You probably won't make it to our mars colony, but you'll probably be able to afford your own mutt children.

>>23858726
>Am I retarded

Probably but I'm pretty sure youre gonna make it. I would probably buy BTC instead of link tho to take a little bit of risk off

it's fine, worst case you'll lose everything and need to pay back 20 grand over the course of 7 years.

Make sure you read what happens when you DONT pay back the money in time though. If you're a burger you might get charged 50% interest per month

>>23858726
I took out a loan for a house and payed it off by take out 3 loans for crypto. Because you can't take loan to pay for a loan I take out crypto loans and put money on into link/bitcoin/eth. I then ponzi money into the the house and other loans. I've already payed off two loans and will own the house to in January. My credit score is above 850, and I'm gonna keep doing this for multi houses.

>>23858726
Answer me nigger, where did you get the loan?

>>23858726
You should just buy 80% bitcoin and 20% ethereum. How can you watch billionaires taking their bitcoin positions and countries like venezuela and iran taking baby steps towards a bitcoin standard and not make it your primary holding? Bitcoin is literally the heartbeat of this industry, how many 4 year cycles need to play out before you realize that?

>>23859370
Hey anon, I've only been an anon for 6 months. Can you help a non burger out and tell me where the fuck a burger lives?

>>23859394

IBM in Australia

>>23859410

this is a good point, maybe fuck the Kleros off and put it into BTC?

>>23859605
Yes, and buy yourself a cold card for long term storage of your bitcoin and pair it with a full node you control. With 15k you honestly should just buy a full bitcoin and hodl, but if you must buy shitcoins keep them on exchanges so you aren't scrambling to sell during the bull run but never sell the bitcoin. Start listening to tales from the crypt and stephan livera podcast and slowly start working your way toward bitcoin maximalism

>>23858726
what is your credit score and age?

>>23859945

25, no score live in aus.

>>23858726
all in RSR faggot

>>23858726
You're going to make it

>>23859370
>>23859157
this. whats your monthly payment on the loan like 200 bucks a month?
you have a good paying career already lined up right? just drive a 10 year corolla instead of a leased benz. when all goes down the shitter. high risk potential high reward

>>23860381

i make $600 a fortnight with neetbux living with my mummy

Why is PRQ a good hold?

Wow... i just realized that I'm doing really fucking good. Thx op

>>23860517
Massive upside to PRQ. Soon everyone will be using their services.

>>23859488
You’re going to make it

>>23860562
I'm interested. Who would you consider to be "everyone" using their service

>>23858726
Put 20% into ETh (safe investment, ETH2.0 huge potential)
60% into PRQ (huge chance for another 10x in the near future)
20% into PRQ boost - it will rise along with PRQ and is extremely undervalued as it provides PRQ through staking

https://app.uniswap.org/#/swap?inputCurrency=0xa211f450ce88deb31d3f12ae3c1ebf6b0e55a5d9

>>23860423
>i make $600 a fortnight with neetbux
you make $600 the night? doing what.
anyways. you should start working warehouse on the weekends or something this would also help with the payments, if you really consider getting the loan. NEETing is ok for couple years doing it your teens but dont fall for the memes. get out and find a mission for your life

>>23858726
Did a 10k loan when BTC was 6k. This is what credit score was made for

>wagecucking 7 years thinking every single day at work that you're basically working to pay money you never had so you can lose the imaginary money youre making while working while thinking about it

thats some next level desire to destroy all your hopes and dreams and become a slave robot

>>23858726
Buy ocean

>>23858726
>LINK
>ETH
>PRQ
>ZYZZ
BASED
>Kleros
cringe, buy xcm

>>23860805
i don' wagecuck i don' have a job

>>23858726
Have fun paying the debt of 20k in 10 years if you listen to these fags recommending you shitcoins. Just buy eth and btc ffs

>>23858726
You do realise you will never see sub 10 link again brainlet

>>23861454
how did you manage to get a loan without providing a source of income?
im asking honestly since i have no idea what are the requisites to get a loan for American banks

>>23858726
rip zyzz brah. We're all gonna make it brah.

>>23858726
Yes.

>T. Took out less a few years back, still paying it back, lost most of it

Hope you make it OP. These cuckd have no balls stressing over a 15k loan.

>>23858726
Keep enough of the money in your bank to be able to pay off that loan for six to twelve months at least, just in case you end up gambling it all away on shitcoins and would have to find a job to keep paying off the loan.
Start small, see what you can do with, say, $500 in a month. Once you can outpace the 4% p.a. on your loan use more of the money.
Do your research, diversify so one crash won't make you order rope using Amazon's same day-delivery.
Good luck anon.

>>23858801
thats true, thats why everyone who thinks about buying Chainlink should buy PRQ instead since its about 1/240 of the market cap and will probably reach top 10 within the next year.

Chainlink partnering with them too, Live event with them two on 17th november

Fuck kleros

>>23858726

Lending money to do high risk investments is a bit retarded yes...but since I've done it a few times myself I'll say go for it... I'd skip the kleros do a bit less Link and stack up on more ETH and PRQ

>>23858798
Lmao. I feel privileged to have bought under $5. Can't imagine what $0.30 club must feel.

>>23863608
Fuck you. Just don’t talk about it.

>>23859065
>using a loan... This is the most stupid way to loose money quickly (mostly overused by poor people).
yeah only because there are more poor people. The rich are constantly using debt as leverage, its often encouraged in fact. Granted, they use it safer than what OP is suggesting, but it's not like he's blowing it on a new car.

>>23863804
>PRQ
Literally who? Is this just a shill thread in disguise?

>>23864088
He doesn't know parsiq? NGMI lad.

>>23864113
OK so shill thread. Bye