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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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24030811 No.24030811 [Reply] [Original]

Poorfags of biz (less than 10k usd in investments [crypto, stocks, metals, etc.]). What is your current situations and what is your strategy to overcome it and to /makeit/? Discuss here. Richfags feel free to come in to give another outlook or advice in the matter.

>> No.24030876

>>24030811
I bought up lots of XRP at 20 cents per token. I plan to sell before the FLARE airdrop (when the price increases).

>> No.24030904

>>24030876
Xrp will never go up newfag

All in pnk

>> No.24030945

>>24030811
LINK
RSR
PRQ
ETH
(Insert short term shitcoin, to increase ETH)
I need to start DCAing into BTC or LINK but for now I’m doing ok. Started with like $2500 in august, at one point my portfolio hit $8k but I’m back down to around $6k.

>> No.24030964

>>24030811
Praying XRP rescues me

>> No.24030967

>>24030811
All in longs on btc and xmr my portfolio is 4x leveraged and I'll increase leverage on the dip, also SPY LEAPs. I took the semester off and been NEET the past few months but I'll be finishing my undergrad in the summer, don't feel like waging for 40 years though so hopefully I can make it with my leveraged longs and SPY LEAPs xD

>> No.24030990

I went all in (5k) on kp3r yesterday...

>> No.24030995

Currently at nearly exactly 10k holding btc, eth, link, ren, and Apple. I’m thinking once I start my retail job at Nordstrom I’ll funnel nearly all of that pay (living at home) into crypto to begin to get into some Alts that will hopefully moon this bullrun

>> No.24031001
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24031001

>>24030811
university student in the UK, put my scholarship into RSR, now have about £8 in RSR and ETH. Just gonna hold RSR until it at least gets on coinbase and/or mainnet comes out.

>> No.24031015

>>24030904
If I sell now, I'd still make a (small) profit. Of course XRP's value will increase thanks to the anticipation surrounding SPARK.

>> No.24031029

>>24030876
this post reeks of newfag

>> No.24031056

>>24030811
If poorfag you need a 10x at least. It might be worth to invest in some shitcoins but that are a good project at least. I've tried to swap rugpulls in Uniswap but I've lost more than what I've won. I will stop doing that since I suck at it.

>> No.24031075

>>24031056
Ersdl looks interesting. Right now seems like a good time to enter

>> No.24031094

>>24030811
I'm trying to swing trade and I'm rekting myself I don't feel bad because I convinced that the money I put at first was already spent. I'm down like 20percent since I started lol

>> No.24031114

>>24031094
At least you won’t pay as many taxes :)

>> No.24031117

>>24030904
>Xrp will never go up newfag
can you explain to a low iq newfag why this is?

>> No.24031128

>>24030811
Why are you only soliciting “make it” advice from poor people?

>> No.24031156

>>24031117
Shitty tokenomics for one

>> No.24031168
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24031168

I decided to swing trade options. Already made 1G this week. Special thanks to /biz/ and WSB.

>> No.24031182

>>24030811
go back faggot

>> No.24031194

>>24030811
I'm probably going to die of beetus so there's no point anymore
My tiny stacklet will make everyone else just that little bit richer when the keys to it die with me

>> No.24031202

I've also got a stack of 50,000 SENT

>> No.24031226

>>24030811
3 words for all you poorfags “lopsided barbell strategy” now go to warosu and search.

>> No.24031309

I'm living at my parents with pretty much 0 expenses but I'm barely making any money.
So my objective right now is to make some money and spend as little as possible so I can invest at least $1000 each month in crypto. Actually, getting really into crypto since this september (I only had some fraction of BTC since 2017) somehow gave me a real objective to take the whole earning money more seriously.
In terms of investments, I'm hoping to make some x10 on "long term" investments and reinvest in small mcaps, maybe get into trading at some point, when I saw what happened with zLOT few days ago...
t. less than $4k in crypto, holding BTC/ETH/LINK/QNT/PRQ/LIT (yes I'm too diversified)

>> No.24031347

>>24031128
Biz has lots of of /madeit/ from being a poorfag. Like i said, rich chads can chime in too.

>>24031182
Gee bill, your mom gave you two wieners?

>> No.24031768

>>24030811
>>24031347
Sorry, we're full. Economics is a zero-sum game. Not everyone can make it and be rich, that's the truth. Why should we richfags help you, a poorfag, and possibly lose out on our own gains? The only thing you should do is lurk moar and contribute posts of better quality about and not just "im a baby pwease help me".

>> No.24031920

>>24030811
CAN we make a /prf/ general /poorfag/
I have just around 5k and i just want it to GROW

>> No.24031953

>>24031768
Larp

>> No.24031964

>>24031768
seething incel chud detected

>> No.24032016

>>24031768
Kek. Somebody shilled haircomb or tvt io, and you wouldnt say shit. Me trying to open a discussion to help the poorfags sharing their financial perspective, and I got a "stop posting, lurk more".

>Economics is a zero-sum game
True, i want the normies and the jews to lose while we (biz) make it in the end.

>>24031920
Sure, I can start one tomorrow

>> No.24032100

>>24030811
Half portfolio on safe bets, other half is all on risk for high returns. Once I can afford to buy one btc from the profits of my alts, I'll focus on getting 32eth, followed by 10k link

>> No.24032174

>>24030811
based, nice to know im not a poorfag!!! thanks buidl

>> No.24032219

>>24030811
>5k savings acc
>3.5k checking acc
>2.5k in crypto
Goal from here on out is to DCA in BTC from here on out. Would put more into crypto but I’m a university student and times look uncertain.

>> No.24032825

>>24030811
I've got
4k in BTC
2.5k in LINK
500 in XTC
100 in XRP

>> No.24032858

>>24030945
Based man. I started with 2200 in late September and I'm at 3k right now.

Probably because I'm too safe and I DCA'ing into BTC. ETH, LINK, and one or two small moonbags

>> No.24032917
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24032917

>>24030811
Got up to 28k from 1k on TrustSwap and STATERA. Didn't sell now I'm at 5.5k

>> No.24033049

>>24032825
I just want enough money to build a house on some land

>> No.24033160

i spent 1.5k on a random chink altcoin that has around 1-2m market cap. I guess it's a suicide stack, I expect big things from it and if it manages to make a name for itself as the first in it's use case it could go on leaps and bounds. I don't think it's a scam, it's been around for so long and I haven't heard any dodgy things. it's just struggling to get off the ground for some reason

once it gets to a large market cap i'll start diversifying into safer assets. would be nice if I could do a 100x so I can just buy up as much Link as possible before that pops off even more

>> No.24033238

>>24030811
80% BTC, 20% ETH. DCA'ing into BTC every week. I'm considering swing trading but these small amounts are not worth it since I'm not gonna risk more than 2%. So I'm waiting until I pile up a nicer stash as time passes.

>> No.24033241

>>24033160
ur a retard

>> No.24033289

>>24033241
I know. what should I invest in?

>> No.24033629

>>24033289

eRSDL

>> No.24033765

>>24033629
Unironically watch this chart today. If you have even one testicle and you ape in a little before it exits .015 you'll be proud of your manhood

>> No.24033816

>>24033289
Tech ETF's. Global broad market etf. And XMR.
This is the chad formula. Remember what i said anon. See you on Mars

>> No.24033845

>>24033816
Nearly forgot to mention. Timing is impossible, dollar cost average

>> No.24034251

>>24033765
There is still time before the lift-off. Very few holders, very much under the radar. Just invested my sorry stack into another shitcoin that hopefully will do a 2X EOW, then put the gains in eRSDL.

>> No.24034417

100,000 RSR 67 LINK, 5,000 PINK, 1.3 ETH.

WILL Transfer RSR GAINS into bitcoin and LINK. SLOWLY build my PNK stack until 2022.
The goal is to get enough for one bitcoin.

>> No.24034577

>>24034251
>eoy
Unfortunately I am scheduled to attend a surprise eRSDL fomo gloat thread around that time so I won't be able to come along. I hope you have a good time though. We'll all make it in the end.

>> No.24034599

>>24034577
>eow*

>> No.24034748

>>24030811
Hodling 100k RSR, waiting for 1 dollar

>> No.24034805

Holding 100k XCM. I bought rope in case this doesn't take off

>> No.24034835

Poor fag here

How should I spend $250

Buy some OXT or ETH?

>> No.24034848

>>24034835
BTC

>> No.24034853

>>24030811
i only have 3k worth of crypto and 3k in savings. but i have 85k worth of guns and ammunition. am i poorfag?

>> No.24034885

>>24034835
ETH. It's still undervalued. Wait until OXT dips.

>> No.24034892

>>24034848
Why? OXT is still pretty cheap and I could get around 1000

>> No.24034922

>>24034885
What would you consider a dip? Back to .20?

>> No.24034952

the market is crashing if you wanna buy a smalll amount of uvxy and wait for gains.

>> No.24034976

>>24034892
$100 by EoY

>> No.24035023

>>24034922
Wait until Biden's lockdown crashes the market. OXT will be under 20 cents at that point.

>> No.24035066
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24035066

i think we are towards the top somewhere

>> No.24035072

>>24031156
>tokenomics
A foolproof sign that someone is a gambler, not an investor

>> No.24035106

>>24031168
You may be happy now but you wont be in 16 days if you keep making those trades.

>> No.24035264
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24035264

I have about 300 dollars, I started with 150. I'm a NEET and I live with a couple of family members. The ""plan"" is to just keep following /biz/ leads and building up buying power until I have enough that one decent lead will get me enough to help out my family and also give me a bit to play with. At what amount that is, I'm not sure. Maybe $1000 would finally be enough to start taking some out of my account just for regular use?
I made a little bit on that PLTR thing the other day, about $30. It felt nice. Now I'm just waiting for funds to settle so I can try again.

>> No.24035544
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24035544

>>24030811
current situation is i am balls deep on BTC and INJ