/biz/ - Business & Finance

Why would you cash out on the beginning of a bull market lmao, at least save 10 BTC for long run.

>>25282823
yes cash out into usd when the whole economy ist about to go to apeshit, truly a biz move

>>25282823
>Last summer I sold off like 8% of my holdings and bought a brand new Porsche 911
>buying new cars
ngmi

>>25282823
Why all of it? Should save a few. Also are you consulting an accountant? Best of luck OP. Unless you larp. Then go neck yourself.

>>25282823
based fren. good luck out there, you know youll be back tho once you get bored doing whatever else you think youll do now that youve made it.

my advice- start a business you are passionate about

>>25282823
You are so very stupid OP like nigger tranny faggot levels of stupid.

>bought a car (depreciating asset)
>bought a house for a person that isn't him (sentimental)
>paying off student loans when they're about to get forgiven anyway
>getting married
Oof, it's like watching a man set a pallet of cash on fire.

>>25282823
You got lucky.

>>25282985
Ssshhhhhh. Let him do it. He never learned to be an adult.

>>25282823
Why do success fags always have a low energy lifestyle? Where are the big cock world travelers who fuck dozens of hookers? Who have harems of porcelain skinned East Asians it’s always
>muh work hard
>wife/fiancé
What a fucking SNOOZE FEST

Won't you end up paying more in taxes? You should cash out slowly over time. You could live comfy of just 2BTC a year. Maybe take out extra initially to buy a house.

>>25282823
This is why people who got lucky with getting rich end up poor a few years later

>>25282823
3m ain't going to last long with those kind of reddit tastes, larper.

>>25282907
I am sitting on a hefty gain, but have nowhere I feel okay with putting it. I feel oddly safe in bitcoin, more so than 2017, and not because of the gains. Something feels different.

>>25282823
Don't sell all of them retard

>>25282985
>>25282962
When you turn $60k into over $3m by doing absolutely nothing come back and tell me what you'd actually do with it. A few liberties are being had because idgaf.

>>25282823
>cashing out into the shitfest us dollar that is being pumped by the trillions

>>25282823
Bro why would you sell right now? Wait literally a year and you'll 3x whatever amount you'll get today...

Plus none of the things you mentioned (buying a house, paying off debt, etc) represent true financial freedom. Don't squander your chance for a lifetime without worrying about money, get some cashflowing assets with all that capital.

But please dear lord wait to sell your BTC until it hits $100k

>>25282985
Couldn’t have said it better myself

>>25283118
i already did. and im still holding, bitch.

>>25283022
>2018 New zealand backpacking trip across entire island for 3 weeks. Colorado ski trip for 2 weeks
>2019 Vegas, Hawaii, Turks and caicos
innumerable concerts and road trips. I have a day job I fucking love. I'm ready for this shit to become real.

i unironically do not understand why anyone talks about cashing out. the us dollar is completely fucked. why would you ever get rid of your crypto.

>>25282985
Add in the tax liability he could have pushed a year off by waiting a week to sell. Yikes.

>>25282823
What a fuckin retard lmao

>>25283183
on top of all this cringe you love being in the wage cage holy shit wtf

>>25283132
I told myself that every day for the past 4 years man. Just feels like time

>>25283191
If you have a purchase in mind like a house, it makes sense... nobody wants to be an acsetic hermit,

>>25282823
Congratulations OP

>>25283118
Incel cope

>>25283238
buy the house with crypto

>>25282823
Save 17 of them just in case

>>25283261
You'll still get a better mortgage rate if it's in cash, unfortunately

>>25282823
based

>>25282823
Gay larp. All you have to do is sell 10 BTC to fund the down payments for everything you want to do.

Good luck, that’s probably some funny money you’ve got.. hope you don’t... find out some things...

>>25282823
based, good luck in real life!

good luck in real life, OP

>>25282907

Bull market... that is coming down to sub20. He was right to sell now.

>>25282823
>not keeping 21 BTC
You’re so fucking stupid lmfao

>>25283319
>Mfw the redpill is that it's been funny money since '71

>>25283191
because there are investments that are actually real and will be around in 2030 and paying fat cash flows

>>25283234
you are cashing out into the shittier us dollar right when its being pumped by trillions. at least cash out into gold or something. dont hold dollars

>>25283306
Live in debt? lmao

>>25282823
You are going about this so wrong. Sell 40 if you're itching to but for fucks sake don't sell them all.

>>25282823
Good luck man. Kudos for taking care of your parents. They're lucky

>>25283373
that doesnt say anything about the bull market, you absolute idiot

You just costed yourself 50 million dollars over the next 10-15 years. Congrats though you won’t see it as a loss today but you’ll feel it later on.

>>25282823
Profits, take profits, that's the sign of a good trader.

See you bro, have fun with the cash.

All those jealous larping Incels ITT, GIRL BYE

>>25282823
Congratulations on Your MASSIVE win. Don't look back, but come hang sometime in the future. Best of luck

>>25282823
Now is the perfect time to buy oil stocks. Congrats!

*This is not financial advice* ;)

Anon please we just entered bull run I bet you are trolling but still I want you to make it even more than now. Cash out 10 btc and wait for the love of god to be a king and then cash out all of it and flex on us retarded normies with the big dick gains

>>25283118
>I did nothing for this money I deserve to be retarded as I want with it
I mean I guess? Sure. But it’s pretty dumb.

>>25283022
They're literally on instagram dude. You're on the nerdy privacy nut anonymous forum, not the flashy big spender forum.

>>25283118
>come back and tell me what you'd actually do with it
$3.4M is my sell point so here's what I would do with it:
>cash out $2.4M
>$400k for the tax man
>$2M to put into revenue producing assets (divvy stocks and municipal/corporate bonds)
>that $2M gets me about $100k/yr pretax, or $80k/yr after tax income to play with
>I can now qualify for any mortgage I want
>I can now qualify for any credit card I want
>I never have to work a day in my life
After that I take some of my free income, buy arable land, and LARP as a farmer until I get bored of it. The world is basically my oyster at that point and I'd still have a million in crypto in case of financial system collapse.

HES GOING TO CRASH THE MARKET ON OUR NECKS

>>25282823
>buying crap
fuck you anon. buy income! buy freedom! buy some reits or bonds or whatever! you don't have to work a day in your life anymore with 3mm, but no instead you buy some crap for geezers and hug your shackles.

>>25283407
As long as you can get a ROI higher than the mortgage rate its better to """live in debt"""

>>25283512
Wrong, March was the perfect time to buy oil stocks. You're late /smg/.

>>25283590
based. wtf is it that easy to make $100k a year off $2 mil invested? thats sounds like bs

>>25283618
he's actually retarded and believes in paying off a sub 3% loan, ignore him

>>25282915
Taking profit ($3m) and you are complaining? Yep... you are actually the classic poor biz guy.

>>25283234
Dude you gotta be patient, the US dollar is inflating to an insane degree this year. You gotta hodl in Bitcoin for at LEAST one more year. $1m is going to be worth what $500k is worth now in the next 3 years. Don't treat Bitcoin like a lottery and blow your chance to make it for life.

The buying power of the currency you are about to sell into is going to drop fast. I totally agree that $100k-$150k is a great sell price but dear lord man just wait, I PROMISE it is the correct decision.

Otherwise congrats I guess. If you are determined to sell then sell now and buy back in at like $20k.

>>25283583
If being retarded is cashing out, paying off debts, and building equities then sure.

based and good for you anon, enjoy

>>25283590
Between my Fiancee and myself our household income is just over $200k/yr. We already qualify for anything we could possibly want. Paying everything upfront, dropping loan debt, and reinvesting all of the remaining cash

>>25283678
It's a 5% ROI which is a reasonable expectation depending on your portfolio composition. 4% is considered braindead easy and 8% is considered doable with some moderate risk. I like 5% because it's a roundish number. Take the early retirement pill anon, it's much more attainable than you think.

>>25282823
SAVE IT FOR ANOTHER YEAR YOU DUMB FUCKING NIGGER AND YOU WILL BE RICH FOR THE REST OF YOUR LIFE FUCK I SWEAR TO GOD IF I EVER CATCH YOU LACKING IN THESE STREETS IM RAPING YOUR MOTHER OK DO YOU UNDERSTAND ME FAGGOT HAHAHHA

>>25282823
One day we will join you, fren. Godspeed.

>>25283895
You're selling your time man, you can't get time back. All you're doing is loading up on liabilities. But hey, it's your pallet of cash, you do you.

>>25283895
you are cashing out for baby money when in 10 years you could have fuck you money / generational wealth. any big dick would laugh at $3m. you made a solid bet and it will keep paying off. dont stop the game now

>>25283118
3 million can be eaten through very quickly by poor financial decisions. Don’t get me wrong, treating yourself to a nice car or buying your parents a house or buying one for your fiancé who will divorce you and take half your money or paying off loans are all well and good, but you are planning to do all of these at once. I think you’re the type who’d win the lottery and blow it lol

>>25283904
damn i didnt know that $2m is make it tier. well i guess you are just middle class or upper middle class as a single person

>>25283118
>When you turn $60k into over $3m
i'd keep holding honesly 3m is not that much

>>25282823
How are you going to cash out 3m though? You can just sell it on coinbase? I think this is the important question here

>>25283183
>day job I love
normies

You're either an idiot or completely full of shit.

>>25283895
I bet it was her decision to cash out so she can buy everything for herself you pathethic simp

>>25284002
otc desks for institutional investors or big dicks. at least that is what i would do. definitely not cuckbase at $20k a week and all their goyim fees

>>25283999
Like I said, take the early retirement pill. There's blogs all over the internet, I like Mr. Money Mustache. It depends on what your target passive income is, which you can reduce by keeping your expenses low. I want to travel, so I think $80k/yr is sufficient for that since I'm not addicted to luxury anyway.

Frankly, even if I became obscenely wealthy, I still wouldn't be able to become upper class. Look at what happened to Notch. If I wanted to become upper class I'd have to not only become obscenely rich, I'd have to marry into the class which is a lot of BS I simply don't want to put up with.

>>25282823
Good on you Op. The fact that you made /biz/ seethe is proof that you’re making the right choice.

>>25282962
911s are kind of limited, they hold value pretty well.

t. Kraut living one hour from Stuttgart.

>>25282823
for the love of god, please at least keep half of that in BTC. you don't need that much of cash in the foreseeable 4 years anyways, and we are very likely on the edge of a bullrun

>>25284043
definitely full of shit, probably sold them all sub 1k like pretty much everybody else did

>>25282823
> getting married

You might want to hold off on quitting your day job.. Women burn through cash very quickly.

>>25283895
I mean how big is your debt? The only reasonable thing in your wishlist to liquidate you crypto for.

If your job pays you good and you dont want for anything, why are spending crypto in the first place? You say you dont want to look at charts, but that is problem with your self control. Maybe you are burdened by your newfound riches which is consuming your life, and just want to be done with it. I mean i kind of get it, but it is an emotional decision I would say. You could still do all of the things you mentioned but slowing it down a little might be beneficial.

Im 21yo poorfag with 10k to my name lurking in this thread seeing people say 3m is nothing. How the fuck do you people get to 3m? Im not spending 50k on a degree to get 40k/year

>>25282979
agreed

>>25282823
Congratulations and don't listen to the retards here that say you should keep on holding when you already have 3 million and the btc chart is vertical.

>>25283407
all the rich people do it.

>>25284500
>doesn't understand basic bath

You're also NGMI.. You won't spend 50k for the opportunity to make 40k YoY? After taxes, your ROI is 3 years or so..

>>25282823
blatant larp.

>>25284500
>people say 3m is nothing
They are retards, and almost certainly poor themselves. They have less than 30k and say that 1, 2 or 3 million is nothing. It's just a coping mechanism to hide the jealousy

>>25283063
>>25283063
>3m ain't going to last long with those kind of reddit tastes, larper.
truth. To "retire" at 26 buying houses and stupid car needs 40 million, not 3.

>>25284335
Grüße aus BB

>>25282823
your wife will take all your money retard, just wait 5 more years until you have fuck you money. 100k btc is not a meme it is a reality because the fed printed trillions of fake money

>>25282823
This is obviously a larp, but why would you sell all of it? It's clear that bitcoin has a bright future. Why not secure a future for your children and grandchildren?

>buying cars
>buying houses
>getting married

lmao, literally retarded

>>25283132
>>25283123
>>25283191
>>25283210
>>25283379
>>25283432
>>25283447


You all seem desperate to keep the party going

Top is in lol

>>25284500
because this board consists of insufferable cucks.
>muh $15.000.000 is not even enough
you can always have $150.000.000

>>25282823
larp

>>25284896
An average house in my city costs about $1m. $3m really isn't that much if you plan on living in a city and not having a steady income for the rest of your life. It would be retarded not to invest some % of it back into something.

>>25283234
>>25282823
NGMI
>>25283405
this anon gets it

>>25282823
congratulations. Sweet choice of cars. Real life isn't about just seeing the numbers on a screen despite what all the seething 10k stacks will tell you

>>25282823
congrats
not what i would do because neither of those things is going to give you any long-term passive income but houses are ok to buy anyways

>>25283118

You won't have to wait longer than a year to find out what people are doing with $3 million worth of crypto assets.

hint: (they won't be selling)

>>25284500
3m is not enough to retire at 26. Even if you generate 100k after tax passive income a year, it gets dicey if you have kids and inflation catches up.

You need about 5m to retire in your 20s to live comfortably and stay ahead of inflation forever.

>>25282823
>Going to pay off the remainder of my student loans
Fuck that, I will never EVER pay any more than what I am absolutely required to so long as they even breathe words of having amnesty for them.

>>25282823
You should definitely cash some out with that kind of capital but cashing out 100% of your 3 million seems pretty fucking retarded anon. You actually gonna spend that 3 million right this very minute? Then why pull it all out? At the very least leave 10% in there as a suicide bag, preferably more.

>cashed out at the highest it’s ever been
>btc about to shit the bed and the neets dont realise this

You’re the one who made it anon, ignore the coping bagholders seething in the thread.

Be a good father and live a good life.

>>25285063
if you're a retard and put your money in low interest bonds

>>25282823
Imagine buying a house in the peak of the housing market and not securing your families wealth for generation. What an Uber nigger. Literally wakanda forever tier nigger. Bet 1 bitcoin this guy offs himself in 5 years. Should of could of would of.

>>25282823
Way to blow all your money retard

>>25282985
Could of not said it better myself. The guy is a literal nigger.

>>25284759
>Living like a hermit
>Never enjoying your fortune
>Dying alone
>Thinking this is the way it should be
lmao, literally retarded.

>>25283048
Ufffffffffffffffffff

Attention newfags: Nobody here made it, crypto wont make you rich, OP is a faggot.

>>25284500
The dude said he wanted to buy his parents a house and buy a house for his fiancee. That's $1.5 million right there. Then he'd only be able to pay himself a $30,000 salary if he want to spread that money out for another 50 years. He'd be way better off keeping his money in BTC where it appreciates like crazy, while the US dollar inflates off to worthlessness.

Remember, we're hedging against the US dollar funny money business. The Federal Reserve knows its on its last legs and printed 20% of all US dollars in existence. Big institutions know this, hence why they were buying whales' bags at $20K. And of 4chan knows this because we're filled with autists who know how to create memes to feed the masses like pic related.

OP is just being retarded, specifically being arrogant and impatient. If he would cool off for a moment and humble himself, he would recognize now is not a good time to cash out and he could wait a year before he could buy a house directly in BTC. No need to cash out.

Since you have $10K to your name, either hedge your wealth with BTC or invest in ETH or Link. You only stand to lose if you keep your money purely in US dollars.

>>25282823
Congrats, enjoy life

>>25285629
every asset is a hedge against dollar
this isn't an argument for cryptoshit

>>25285686
Isn't it time for your afternoon nap peter?

>>25285629
>*The Federal Reserve knows its on its last legs as they printed 20% of all US dollars in existence in the past year.

https://www.somagnews.com/9-trillion-story-22-of-us-dollars-printed-in-2020/

>>25282823
Stfu trust fund baby, one doesn't have 60k laying around while in college

>>25285629
Meanwhile, Tether printed 80% of all its bills in existence this year and you spend real USD to buy the same thing it does.

>>25285063
>100k after taxes
man, how retarded does anyone have to be not to live comfortably with that. just send your wife to work for some extra cash. americucks have a seriously money problem

>>25282985

>>25285293
This is it

>>25285732
and there are also lots of hype stocks that have the same pattern, what's your point bubble buyer?

>>25282823
>Going to pay off the remainder of my student loans, buy my parents a modest home, and buy a home for myself and my fiancee. No more anxiously watching the charts 365 days a year.
that's stupid, instead buy a 2 flat where you live upstairs and parents live downstairs, or a 3 flat where the 3rd rentee pays your property taxes, and let the rest of your BTC stay. Its going to hit 1 million per coin in 10 years

>>25283812
Your dumber than those linktards. Literally just put it all on black till you lose it

>>25284132
>Look at what happened to Notch
What happened?

>>25283895
>>25284039
Redditfag larper

>>25285740
The only person to come out of college up 60k lmao

>>25285629
not sure where you live but a literal mansion in rural new england can be had for sub $300k. Not to mention I said modest. You're about a million dollars off there mate.

>>25283118
and yet you seek validation on a mongolian basket weaving forum

>>25285876
He became an unironic neckbearded redditor. Other than that he's still a billionaire.

>>25282823
OP, I'm happy for you.

Deep in my heart I'm proud somebody had strong hands and don't listened to fucking traders on /biz/.

How are you feeling buddy? Also don't tell people about your money, do yourself a favor and don't spent the first million in 5 years. Peace.

Okay then...

Lets see pics of that 911, and your framed degree or none of this shit happened.

>>25285800
I don't recall saying people are hedging their wealth with USDT. Using USDT as a mode to transfer wealth from US dollars isn't the same as storing their wealth in USDT.

>>25282823
sell half dont be greedy

>>25282823
Don’t listen to the haters bro. You’re doing the right thing, ultimately money is fucking temporary and the only thing that matters when you’re dead is your experiences, your legacy and what you’ve done to make the world a better place.
I’m happy for you, i wish you the best and best of luck to you and your family.

>>25285740
>He didn't use his financial aid to buy Bitcoin

>>25283293

What mortgage? Nigga can buy just about any decent home in any place on earth for cash and still have a minimum of a million leftover.

>>25285918
50K a year then, but you're still susceptible to inflation rendering your savings worthless. Why didn't you sell BTC as you needed the money? No point in going all in on US dollars.

>>25285833
Show me a single stock that outperformed Bitcoin over the past 10 years.

>>25282823

>getting married

NGMI

>>25285740
>>25285915
A majority of that was financial aid/student loans if that wasn't clear. Which will now be paid in full.

>>25285992
You are literally spending your wealth buying the exact same thing at the exact same price as a company printing monopoly money.

Good luck with that, sir.

>>25286079
By this time next year, the answer will be “all of them.”

>>25286079
there's no "performance"
no one uses or performs with bitcoin
you're like those retards I argue with who think that share price appreciation is the same as ROI

>>25282823
keep 21 BTC worth anon, you'll thank me when it goes to 100k+ next year

>>25285809
In 40 years that 100k will worth the equivalent of 37k today. On the other hand his medical expenses will be through the roof.

Ofc if he holds a job that pays for day to day expenses then 3m is enough for life. But then that's not retiring.

>>25282823
Congratulations op. I hope you use your new found wealth to secure a solid future for your progeny

>>25284875
Sounds like you sold too. Moron

>>25282823
Nice you made it. Congrats. And also selling the top of this cycle

>>25286081
Imagine being in a happy relationship. Then imagine having a good life and you hit the lottery on top of it. Now keep imaging. I'll keep living it on your behalf in the meantime.

>>25284076

Literally before the marriage too. Now because he's cashing out while they're engaged it becomes hers too. I hope she's not scheming, but obviously I think she is.

>>25286125
I didn't ask for your 82 IQ market prediction. I asked you to back your claim up. You said that there are lots of hype stocks that have the same pattern. So show me one that has outperformed Bitcoin over the past 10 years. if you can't, or if you reply to this post without providing an example, then you're admitting to being retarded faggot and you should hang yourself immediately.

>>25286236

Just do me a favor and please have her sign a prenup?

My buddy got married to the “love of his life” several years ago and then she got hit by a car while changing the tire on her car. She experienced enough brain damage that after she recovered, she was unstable, they fought a lot, she demanded a divorce, and then she took half of his shit despite making good money herself.

on one hand i'm happy for you but you, but, to me, what you did makes no sense at all. first of all, to buy a luxury car, second of all, to cash out from bitcoin at fucking 26, when you already make 200k a year and make ends meet.
you cashed out a small percentage to buy a car but not to pay off your loans? why? it's pretty clear to me that a single bitcoin might reach a million dollars within 5-10 years. Why would you cash out at 26 when you could have waited until 30, cashed out half your btc, and live like a fucking king and have as many kids as you want. why did you rush to do it now? and you sold ALL of them... jesus..

Nice work, OP - I have a similar stack to you buy I'm definitely not leaving the market. I have many years of experience now and if I can't get a 10x during the next two years I'll eat my dick.

30mil is a lot more than 3.

Besides, you never really leave these markets. Once you know them, you'll always be watching.

>>25282823
Fuck you

>>25283183
cringe

>>25286406
>it's pretty clear to me that a single bitcoin might reach a million dollars within 5-10 years.
Or, it could crash 90% and never go up again

Finally someone made it. Congratulations, anon.

Well done op, congratulations. Something tells me you'll be back though, even if it's just to fuck around with play money.
Try not to get divorce raped though.

>>25283191
If you're afraid of inflation, you can always cash out into index funds instead

>>25283031
Larper is larping.

Its okay though, I've larped some in my time on /biz too, probably the most larper-tolerant board in existence

>>25282823
>Today I'm selling my entire holding of ~117BTC for $3.08m
keep at least 5btc you fucking ape you won't regret it

>>25286578
sure but even with that he still could have cashed out only a part of it. i disagree with that though, i think the case for bitcoin is pretty strong.

>>25286614
Don't forget, you're here forever

And yea, he'll likely end up in some messy divorce later on with money like that

>exiting your bitcoinposition now
Dont tell scotty

>>25282823
good for you anon genuinely happy for you. Wanted to do so myself but things happened and had to spend my investment cash on legal fees

>>25286732
Heres where the low-skilled larper gets caught up. The low-IQ biz-residents are so easily fooled.

>muh parent's house
>muh future plans not looking at charts
> muh 911

>>25286620
you should be very afraid of inflation

holy shit the amount of newfaggotry in this thread

>>25282823
its funny to me that so many of you guys think simply buying a house is making it. buying a house is entry level rite of passage for being an adult....it's not even close to making it

>>25283234
> Just feels like time
Is that you talking or your fiance? Not judging, just make sure you make your own decision. You wouldn't want to end up resenting your wife for what you could have had.

Damn, reading this makes me feel like a retard for not investing years ago. If I had any sense I'd have invested alone, I kept asking friends to invest with me none ever wanted to.

Any tips for starting from basically scratch? I have like 62.00 split between btc and alts

I pulled up my btc charts after reading this and from one bro to another bro, you should genuinely hold off on selling. Every long term timeframe is bullish from the daily to the monthly charts. We are nowhere near a long term top. $3m sounds nice, but I'm very confident you could easily close out with $6m+. Sell half of your position if you want, but don't completely cash out.

>>25286851
80% of my net worth (at the time when I bought) is in crypto, I'm very afraid for sure

>>25282823
The only right things you did was helping your parents and ridding yourself of debt. Can’t believed you cashed out with a fiancé this must be a fucking larp. Cancelled out one debt just to take on an even worse debt.

>>25282823
congrats. personally I won’t be doing anything like that. new PPP on the way and 37% increase in m2 this year. holding dollars seems suicidal

>>25286890
If being 26, having a household income of $200k/yr, profiting an average of $750,000 a year passively on crypto, and getting out on top isnt "making it" then you must be a trust fund baby or coping. I come from nothing so I consider myself to be doing pretty damn well.

>>25282823
if true, enjoy your new life man, well deserved.
Also keep at least 21 or you will kill yourself in a decade or two.

>>25282823
You sound retarded

>>25287111
>I come from nothing
Bullshit. As others have pointed out, college kids don't have $60k laying around to invest in high risk assets. You're a larper or a trust fund baby, which is it?

>>25287001
Thats me ready to move on. I've been watching BTC since I was in high school in '09 when it was a $2/coin meme. Dumping a $60k fortune that was mostly debt as a 22 yr old at ~$500/coin I was seen as a literal brain dead drooling retard by the community. Right now I'm happy. I know I can get out and not look back knowing I got lucky and turned 60k->3m. BTC is up $16k in the last 3 months. The highest its ever been. In the 11 years I've watched this coin, imho it wont sustain. It will drop and hover for years to come. Maybe it skyrockets again? But I'm at the point where I'm satisfied. It's been a decade long rollercoaster and its time to get off while I'm up $3m.

>>25287111
honest question then.... if your household income is 200k/yr, why are you in any kind of hurry to sell your btc to buy a house? you can take out a mortgage on your dream house already. this isn't the top anon. I personally don't get the mentality. I have a comfy income too, which means my investments are long term. I trade to increase my size until I have a nest egg large enough to retire on. I don't need to cash out for anything....I make enough money with my day job. sounds like you do to...so why pull out before you're able to retire? if you think this is the btc top...why not cash out and deposit your funds (minus a bonus for yourself) into another investment? stocks or something else that will grow your wealth? don't be stupid and just blow through it. your 26 anon....there's a long life ahead of you.

>>25282823
Grats. Happy for you.

>>25287111
Cost of entry is basic reading skills around here. I've mentioned six times over, the vast majority of those funds ($45k) were from taking student loans. The rest was savings working for 7 years of minimum wage leading up to that point.

>>25287375
>>25287240
see
>>25287314

>>25287449
right, so your done with crypto. thats fine. what I'm suggesting you do is think about other ways to invest that money so that it continues to grow for you instead of thinking about it as 3M in your bank account that you'll eventually spend. buy income property...boomer stocks....bonds...gold....whatever it is you are drawn to. cash is not the way though.

>>25287519
3M goes faster than you can imagine. like you already said....a house for your parents....a house for yourself....pay off existing debts....that's pretty much it. buying a house outright is stupid though. use your money to grow more money.

>>25282985
>criticising him for buying his parents a house
you sound like a jew and he is still a millionaire.

>>25283123
So would that make DAI a bad place to keep my profits? What's a good stable coin that doesnt rely on the us dollar or any other currency?

>>25283590
>putting the entire $2MM into stocks and bonds
>zero real estate exposure

NGMI

>>25282823
holy shit you're retarded. your dipshit fiance convinced you to sell, didn't she? fucking cash out some of it if you want, but why all? omg

>>25287314
Feds printed trillions this year, cash is the worst shitcoin right now. At least put it into a well diversified etf or mutual fund

I just scraped together another $1.5k. Should I put it into LINK, BTC, or ETH? pic unrelated

>>25287771

>>25287314

>>25282823
Absolutely retarded. You should be putting the money into shit like dividends, not buying multiple houses LMAO

>>25282823
Mate wait until 2021. Google stock to flow.

100% larp imagine someone waiting this long hodling BTC, went through last bullrun cycle, this bear cycle and sells not even a month after the beginning of the bull cycle sage

Kind /biz/raelis, could you please make a thread with the title; programmers solidity? and post this link in the OP?

https://pastebin.com/nNg8FXj3


I beg of you, anon.

>>25287855
For the love of god not BTC or ETH.
>XMR.

>>25287024
62.00 as in $62?
step one is buy more

>>25287692
Chainlink unironically. or just do some allocation into btc and eth

>>25282823
>cashes out beginning of bullrun
why is it that the people with money are the most retarded?

>>25287927
Were you even around during the run of '17? It lasted like a month. The run of '19 lasted a month. We're on a run thats lasted 2.5 months. You either think you're Nostradamus or you're blind to think this is the beginning of a bull cycle. I give it two weeks tops. Remember that and we'll see who is right.

>>25287927
weak hands get slaughtered

Don’t listen to these retards run

>>25288075
who cares the point is that cryptocurrency is still in the early adoption phase and btc is already $26k. could you imagine the price once more normies use it or invest?

>>25287892
True. If I was him I’d blow most of it on a house and stupid car but put like 500k-1m in etfs and use that to pay bills and shit

>>25288044
see
>>25288075

Meme sayings amiright
>>25288080

>>25288113
>early adoption phase
this line has been used for 11 years my man. Not looking to bag hold until I'm 45. That line of reasoning makes sense to guys new to the scene looking to make a quick buck but I've been around long enough to see the reality of the situation.

>>25287111
>and getting out on top
you say you have stress and anxiety looking at the charts all these years but here you are calling the top so confidently. smells like fish.

>>25283191
>i unironically do not understand why anyone talks about cashing out. the us dollar is completely fucked. why would you ever get rid of your crypto
It's like swapping TSLA stocks for Ford in 2010.

>>25287314
>In the 11 years I've watched this coin, imho it wont sustain.
there you are contradicting yourself again. youve seen it go from cents to 28k but yet this time out of all the times in the past 11 years it wont sustain. ok, yeah, totally lmfao

>>25288294
I'm saying getting out on top in relation to my situation. Getting out on top as opposed to having lost it all.

>>25282985
I hope he gets a prenup

>>25288075
the run went from 1k being hit again for the first time since novemeber 2013 in january 2017 til december 2017 at 19.8k how is that a one month bullrun?

>>25288075
none of those years had whats going on currently in the world. each post you make smells more like fish sirs.

>>25288369
This run wont sustain is what I meant. Over time will it go up? I'm confident it will. Do I want to continue bagholding until I'm 45? Not a chance in hell.

I can't believe how retarded this board is. OP did not hold that many BTC since $450. Nobody fucking did. You have to be a certified psychopath to have hands that iron. He essentially would have lost $2m last bear market. There's just no fucking way. I'm going to need to see more proof than an old Coinbase screenshot of a buy order. Congrats if you did make it though faggot

>>25288075
you selling now is like selling bitcoin at 1.3k previous bull cycle if you still dont get it

>>25288415
i guess its all relative. youll either be smiling ina year or two or sitting on your nice couch thinking you could of been 2x richer. whichever you still made it, so dont take my posts too literally. congrats if not a larp.

He has so much money but he's a complete financial retard who probably has no idea about the amount of inflation coming. Nobody tell him.

>>25288492
youre the only retard in this thread that thinks people cant hold an investment for more then a day at a time. go back to redit.

>>25287314
I know what you mean because I'm in a similar boat albeit with a larger holding. But hear me, anon. Don't cash out everything right now. Save some. This thing IS unironically going to at least 300k in the next few years and I don't want you to live with that regret. At the very least look at it as your suicide stack. A strategic reserve backup in case everything goes to shit.

Having that last bit of Bitcoin still in your portfolio will constantly give you hope that your moon shot is still out there waiting for you. That's a very exciting feeling to walk around with.

A feeling you won't experience ever again with cash.

>>25288541
we tried but i guess he doesnt see it. he sees this run as the same technicals as the previous runs. either way hes better off then 99.9% of people here who are calling him a retard.

>>25288424
this kid doesn't know wtf he's doing. this summer on uniswap was like the 2016-2017 alt run. this btc cycle is literally just starting and it's coming at a time when legacy money is looking for a new place to ride out the storm that's brewing post covid. selling crypto for good right now is a big mistake imo.

>>25283775
>trading a scarce asset for one of infinite supply

>>25287961
honestly, I've never bought Monero before. Where can I and how hard is a Monero wallet to maintain, by comparison with a Metamask ETH wallet? I haven't used a non-metamask wallet since 2018.

>>25287314
Well good for you anon. Nice to see people on here making it and moving on to live their lives.

>>25288564
Keep bagholding $2m losses like OP did with no guarantee BTC would be back to ATH. Like I said, retarded, he's getting out now because he's not going to make the same mistake twice.

>cashes out and immediately begins spending massive sums

OP is taking supplies off of Noah’s ark and hoping to weather the storm on the plains.

I can definitely see why you agreed to a student loan. You will be broke and back here by 2024. Enjoy feeling stupid as a rock when BTC has a 2t mcap.

>>25282907
>>25282915
>>25282823
if he cashes out and puts it all into an index fund that is smart. 2% dividends will pay $40k a year (lets assume he keeps $2m after taxes). plus index funds go up an average 10% a year if he holds long term.

>>25288424
I'm talking bullruns. Not being a bullish market in general. From Jan'17 to Nov'17 (10 months) it went from like 1k to 5500. From Nov'17 to Dec'17 (1mo) it went from 5500 to 19k. We're looking at a bullrun right now it wont sustain.

>>25288243

Unfathomably based OP

>>25288698
would you buyback? or you sick of the charts

>>25288698
you're wrong though. it's okay.....just think about some of the advice you got. you have a decent nest egg to build a comfy future. you don't have as much as you think you do though....not in today's world.

>>25285876
He became mad wealthy and bought a house in Hollywood and tried to rub elbows with the elites and everyone snubbed him because he was new money and for the last few years his only relevance is going on twitter and accidentally pissing off feminists by advocating for gender equality. Money alone isn't enough to get you into the elites, you also have to get power, and the only real way to do that is to marry into it or get into politics or media.

congrats! you could have kept .1 BTC desu
I would get a cheap mortgage than paying your house outright since you have a job.
make sure to keep some of your money invested in stocks, PM, maybe some rental property etc. if you manage to have 250k as an emergency fund you will be fine.

>>25283118
>discussing this seriously with crypto addicts
They are holding until "make it", bro. If they wanted real returns, they would be trading boomer stocks.

>>25288668
>no guarantee BTC would be back to ATH
you really sound like the posts i read years ago about btc never reaching $10 again, never reaching $100 agian, never reaching $1,000 again, etc etc. you truly are a retard. when i bought link at 30c-40c and it dropped to 20c guess what i did? buy more. because im not a fucking retard like you. i know its CRAZY for you to think people can hold something for more then a couple of hours. you literally just dont have the balls to make a decision and stick with it because you believe in it. YOU are the retard, not me or OP. good luck with your soft ass hands nigger faggot.

well done OP. glad to see someone make it

>>25288691
To be honest I’d get a house and nice car first because that money won’t be shit

>>25288462
Why do you make holding shit loads of an appreciable asset sound so torturous? Why are you desperate to get rid of it all? It's weird.

>>25282985
Neckbeard detected

>>25288906
Because he's a larping faggot

Is this gonna be one of those threads that people screenshot and laugh at OP years from now?
Seems to be a pattern.

>>25282823
keep 10 or 15 BTC in the market and maybe move the rest of that money into an ETF. no idea how to beat the taxes on that when you convert to fiat though. good luck fren and fuck you.

>>25288113
>hurr durr early adaption
How many "normies" are in the stock market which has been around for 400 years?
Yeah, now shut the fuck up faggot.

>>25289025
>keep 10 or 15 BTC
NO! ALL OF IT! ALL OF IT MUST BE RIDDEN OF! BECAUSE BAG-HOLDING FEELING!

>>25288906
>>25288921
it's the volatility of it and the fear of being rugged

>>25284577
you got it right backwards. i hit 750k this summer and was surprised by how far off making it i still feel

>>25289096
e.g. 2017/2019 ptsd, a good trader ignores it and sees all possibilities, but most holders and normal folk suffer from it and won't look past it.

>>25288492

>>25288838
>accidentally pissing off feminists by advocating for gender equality
I remember when feminism was about gender equality. Now they want more rights than men. Clown world.

>>25288980
Or it could be the other way around. Either way screenshot this thread.

>>25288856
cope harder

>>25289231
Your decision to sell now is commendable; Marc Cuban tier based.

In fact have you sold yet? If not, fucking sell.

>>25289231
you have 3.1mil in an account that you don't control your own keys? holy fuck. living on the edge.

>>25289307
yep ill be coping with my 1 mill and the cash i already sold. its soooo hard coping!

>>25288243
>>25288584
Am on the edge of doing the same. But like this other anon recommends, I'm thinking to only cash out half. I have held since 2013 and my hands became iron claws some time ago... but I'm tired bros. I'm tired of the swings, the uncertainty. I'm gonna buy a house and a dog. It's time to diversify into comfiness, especially since we're soon to enter the "Then they fight you" stage, clear as day. I believe there's still significant upside but I sure as fuck want some insurance. And some peace of mind. It's amazing to have those big green dildo days on a fat stack, but it's crippling to watch a "made it" amount on paper crumple back into the shadows of the bear cave. Satoshlets don't know those feels. Good on you for having taken a ballsy risk that paid off. And clearly, judging by this thread, we're not all gonna make it. But some of us have, and will. Vale.

>>25289096
>it's the volatility of it and the fear of being rugged
Sounds all psychological. There are institutions getting in while you're getting off. Next bullrun will see government adoption. Don't become a screenshot of stupidity.

>>25282823
for god's sake buy some land and plant an orchard

>>25289586
just keep 10 BTC then it's only 250k you would not feel it if it would go down to 0. If it goes to 300K you will end up with 3 millions again.

>>25288019
Yeah, and I do when I can.

>>25289586
I like that, diversify into comfiness. lmao. Bout to drop 100 coins. Let 17 cook and not look back for a few years.

OP is actually a genius. Don't listen to btc maxis

>>25289781
Nice one. See you in the citadel.

>>25282823
What a shame OP, you traded a life on the edge full of greediness, aggressiveness, emotionality, grinding, hustling and essentially being alive against a boring trustfund life slowly emptying your one time win. You'll become a boring slightly fearful beta person unable to take part in real fuck you money living but at the same time isolated from normie wageslave living. You're inbetween and fucked up. It will be in some year's time, around when btc hit 1 mio and your wife just left you for this manly self employed roofer when you realize that only green ids and the hustle of growing your net worth could have filled the empty voids in your soul.
>because: you're still one of us

>>25285832
you've made it but this is cope. if you think this is unironically the top for BTC you're retarded and your wealth has been a result of luck. but either way, im happy for you anon. If I was in your exact position I'd probably cash out half at this point and start living comfortably

>>25289722
I'm a traditionalist: 21.7777777 will stay on ice.

>>25289231
>$3.1 mil of btc in a hot wallet on cuckbase

This thread about someone who cashed out millions in profits is blowing up with comments from copelets suggesting bitcoin will go vertical for months to come, and that OP is “wrong”. Honestly the best sentiment check you can get about the state of this market

>>25289041
are you trying to compare normie use of stocks versus crypto? if the same people who trade stocks started trading crypto everything would be mooning to absurd levels. we are not even there yet

>>25289781
BTW OP, if you'd rather use an OTC shop to cash out 100 coins, I recommend genesistrading.com.

>>25282823
Buy 500k of ETH.

You'll double it.

>>25290011
You're just jealous as fuck lol. 3 million or sitting here like a faggot.

He could take 1mil and make it for life on a 5% APY coin or stock.

>>25282823
btc is going to over 100k next year (will crash back to 100k) and you are going to grapple with suicidal thoughts for a long time over this
I'm not joking or shitposting
https://digitalik.net/btc/
it hasn't even begun. hold.

>>25288243
weak hands. imagine taking $3 mil now when you could wait and take $30 mil or even $300 mil in 10 years. you realize the graph for btc, we are at the tiny beginning stage. the dollar is fucked and they print trillions. how could btc ever crash. its only going to get more rare. shit will be like a novelty where someone says they knew someone who owned one btc and everyone will gather around and go wow

>>25290227
>you are going to grapple with suicidal thoughts for a long time over this
Unironically this. I think most people in crypto would agree that losing potential unrealized gains is worse than having to hold through a loss. Once he sees the value of his holdings could have been 15m+ in under a year, he will undoubtedly harbour a shit load of resentment for his wife

>>25286085
So your parents paid for your college and you abused student loans others actually needed. Noice, you're the reason for BLM and all this white privilege crap

congrats op. hope you'll be happy as much as you want to.

here I saved this thread forever on the blockchain:

https://io4zvcx52ougbjeqpbeolczjmnbh3ymuh7cfis3u4fkzqvx5lcnq.arweave.net/Q7maiv3TqGCkkHhI5YspY0J94ZQ_xFRLdOFVmFb9WJs

take it as a goodbye gift from an anon.

>>25290302
Can't wait for the netflix investigative murder docu

1) Never sell everything at once
2) Get a prenup

>>25288846
Jokes on you, the money I put into stocks is money I don't need and don't expect to get back.

>>25285848
It's not even gambling, literally all he has to do is keep like half of it and eventually he'll have like 10 times as much as he does now. Literally throwing away the easiest hodl of all time so he can live some boomer suburban 1980s meme life while the USA burns to the ground because bignostrils did drugs and died when the cops tried to hold him.

>>25288838
he didn't piss people off because of new money, he pissed them off because he is an autistic alcoholic, and I'm saying this as someone who likes him

>>25285046
I actually thought about this. Since I intend to work (IF THIS MEME ECONOMY EVER PICKS UP AND I CAN GET MY DECENT OFFICE JOB BACK) I don't need to have a billion dollaridoos all at once, so if the bullrun takes my crypto assets on a wild 100x ride I'd probably part with 20-30% purely so I wouldn't feel like a retard if it dumped 90% (because 20% is better than 0% realized gains on a million+ unrealized gains) and would continue holding the rest. But I only invest in stuff that's supposed to be a developing technology that will only get bigger with time, rather than random shitcoins.

>>25288838
I can't be the only one that prefers to be irrelevant? I just want to escape the rat race, everything/everyone else can catch covid and die for all I care.

>>25284875
>implying anyone on /biz/ has nearly enough BTC to crash the price, even collectively

It's the banks and chinks who hold all the cards, retard.

>>25288243
>line has been used for 11 years
This

>>25289133
You must have a very expensive lifestyle then

>>25290227
>you are going to grapple with suicidal thoughts for a long time over this
No he wont. Why the hell would he be suicidal when he has 3 mil. I am looking at my old blockfolio and see my peak of 270 btc a few years ago. Then I look at my current holdings which is less than 4 btc, and even I am not feeling suicidal, ok maybe just a little bit, but I definitely would not be if I had 3MM cashed out

>>25290915
lol 270 to 4 btc id be suicidal too. well u still have a quick 15x with TRUMPFEB...

>>25290915
>peak of 270 btc a few years ago. Then I look at my current holdings which is less than 4 btc, and even I am not feeling suicidal
you're a stronger man than I anon, for I would have already roped myself

>>25290914
Nah, there are plenty of independent western whales. Block.one (the EOS fags) hold almost $7 billion worth of Bitcoin. The likes of Elon Musk, Bill Gates and George Soros almost certainly hold massive amounts as well that we don't know about.

>>25289231

>not even on cuckbase pro lel

Larp

congrats OP, what is the point of all of this if not to sell?

>>25291024
>>25291028
I cashed out some of it so didn't lose it all, just enough to not rope I guess.

>>25288492
There was one boomer who bought some stocks in the 80s and fucking held through all recent market crashes. It's not impossible.

>>25291261
based iron hands boomer

>>25289386
>>25290061
>>25291170
This is cope.

>>25290633
kek. this

>>25290227
>>25290302
You guys are desperate. Between my fiancee and myself we make $200k/yr. I'm quite happy with life. a $3m lottery is just bonus.

>>25290352
Nobody paid for my college hence student loans lmao.

lmao at the butthurt losers seething. congrats OP

he doesn't know about taxes....

>>25291445
you will have no one to blame but yourself. you will deserve it.

>>25291445
so you dont even need to cash it out because both of you make $200k....unless you want to go full boomer or your "wife" wants to spend it on useless shit that will make her "happy"

>>25285555
Gonna have to go ahead and check these digits.

>>25291445
>You guys are desperate
desperate for what lmao? you think i unironically give a shit that some sperg on /biz/ made $3m? If I shed a tear for every nigger that made a million dollars, I'd have already drowned in a pool of my own tears. You're the one trying to cope with the reality of your situation by a) making this thread to begin with and b) continuously replying to it as if you have a point to prove? You will face the sound of your own music soon enough

Massive buy signal

>>25289231

Might as well earn your $124 whilst you're there.

>>25282823
3 mil is enough for you? see ya later dont come back

>>25282823
get out

>>25290199
>a 5% api coin
You will not make it anywhere pal

>>25282823
>Going to pay off the remainder of my student loans, buy my parents a modest home, and buy a home for myself and my fiancee
ngmi
if you sell half now you can still do half this fruity bullshit and keep 1.6 mil in the market which will likely at least 4x in the short term and 10x+ in the long term. come on anon, you literally paid 60k for this... stop being so short-sighted

>>25283895
okay, and my income is 300k. i'd still take a couple million any day. don't you want to retire and travel with your fiancee or whatever, or are you one of those cucked fags who thinks working is good for you?

Its been real boys. Appreciate all the shit talking and support. See ya around