/biz/ - Business & Finance

>>25650064
sell and quit my job

Quit my job and start my career as a twitch streamer

>>25650064
Look at a graph, put some stop losses just to be safe, and then go whack off.

>>25650064
take at least $300k of that btc/eth stack, move it into link, and just keep doing your thing for the next couple years...at which point, you can fuck off and do whatever the hell you want with your life.

>>25650064
sell, buy plot of land, build comfy but humble cabin/home, find euro wife, work on hobby for rest of life/start "small business"

>>25650085
after it finishes pumping of course

>>25650064
Congrats Anon. I wish I were in your shoes.

>>25650064
Send it to me

>>25650064
Find a nice white woman to coom deep inside of until she is pregnant. Rinse, repeat.

>>25650064
Pay your taxes and lose 39% of it

>>25650064
take piano lessons until i can play and learn songs by youtube tutorials.

>>25650064
Find a woman and wife her up, have kids and enjoy life. I’m 32 and wife is pregnant with number two. So much joy in children.

>>25650064
Why not retire? If you are reasonably frugal, you are set for life and can spend your day doing whatever you feel like doing.

>>25650064
Sell $100k to fiat

I am older than you and have 10% of your folio and no job

Kill myself

>>25650256
based

>>25650104
this

>>25650064
Don’t start a family if you live in a western country unless you wanna lose it all to child support and alimony.

>>25650064
>$1.3m
Cute, $7M is the /makeit/ stack on /biz/ for whites

>>25650472

>>25650064
honestly? Just hold. You'll have double that by EOY at least.

>>25650290
If you have 100k in crypto you're most likely going to be fine

Unless your job is something you would be doing if you 10x, then quit. It's taking the best part of your time and you're losing nearly 50K a year to tax. Work on challenges that mould you into a man women want and children will follow. Watching candles does not count, sadly. Also 5% in shiny rocks and 5% in ballistics.

>>25650064
Take fucking profits and avoid hemmorhoids while you consider the right time to finally open that 100x short

Thank you for all the responses, I'm reading and considering every one.

>>25650623

This is where I'm at right now. I feel like a blow off top / correction is imminent, but not sure it's worth trying to time that vs just holding through end of year

>>25650064
depends
if high iq quit job and learn to trade
if medium iq just keep wagecuckin it and DCAing into crypto if you have upward mobility at the job

sell half and start my own deadbeat single condo rental business. rent it out to single moms exclusively, cherry pick each individual tenant. guaranteed action whenever rent is due

>>25650064

if you like your job stay. maybe ask part time
if not quite, travel, dont marry, pay them by the hour and never look back.
come join me in SEA!

>>25650064
sell and work for 2 more years then move to a cheap third world country and live like a king.

>>25650756
>SEA
cringe

>>25650671
w-w-what about 40k?
please Im a retard and Im getting old I have to make it

>>25650727
Agreed, OP. There will definitely be a correction, but it'll be short term and you're better off hodling thru and saving yourself from paying tax. Better yet, you could accumulate more when we have the inevitable huge dip.

>>25650743
>if medium iq just keep wagecuckin it and DCAing into crypto if you have upward mobility at the job
If most ppl here just followed this advice they're be 100% more sane AND wealthy.

>>25650064
Continue as you are for a year and then think about it. Why would you make any decision before really knowing what your gains end up being.

>>25650064
life within your means, and wait 6-12m, then cash out.

t. 5m in btc/link/eth, 32, 160k/yr.

>>25650064
You have security, why the fuck aren't you busting out babies?

>>25650586
Nothing funnier than a single childless dude telling someone who experienced marriage and kids for 15 years that he knows better. I reiterate OP, if you do not want to go from millionaire to the brink of homelessness, do not get married in the Western Hemisphere.

>>25650064
nice larp

but anyway, i would buy prostitutes every day and fuck their assholes until it gapes then they will suck my dick until i cum in their throat.

do this every night for about 20 years then die peacefully

>>25651555
I am not single or childless, retard. There a plenty of good white women in the west. You just chose poorly and now are bitter.

>>25651555
Sorry you chose wrong, anon. I hope you don't think with your dick next time.

>>25650064
Hold. Be a multimillionaire in your early 30s.

>>25650064
Are you living a comfy life? Take a nice vacation and keep your cypto holdings. You'll have generational changing wealth in 5-10 years

>>25651593
>>25651657
I said these exact same things to the guy that tried to warn me 20 years ago. You’ll learn eventually

>>25650064
Keep holding and buying for another 2 years and then retire at 31 with like 10mil

>>25651693
Sounds like he chose wrong too XD

>>25650256
>pregnant with number two
Anon I.. That's not being pregnant

For starters your could send an anon 0.1btc and change his life :)

bc1qwzqkuxwmcerwuaaa2kpu6u0qcdpfj3r8cuaql6

But in all, IF i had that amount of money invested, which i do not have lol, i'd probably wait longer because eth is the future and put some in LINK

>>25651555
You sound like my friend who knocked up the wrong chick and wouldn't stop talking about how shitty she was. It got to the point where he was trying to destroy my romantic relationships because misery loves company. Needless to say, I don't talk to him anymore, never surround yourself with losers unless you intend on becoming one.

>>25651693
Ok boomer

>>25650712
5% in ballistics - based. Dont forget the NVGs/plates/training.

>>25650103
this but with onlyfans

You get up two and a half million dollars, any asshole in the world knows what to do: you get a house with a 25 year roof, an indestructible Jap-economy shitbox, you put the rest into the system at three to five percent to pay your taxes and that's your base, get me? That's your fortress of fucking solitude. That puts you, for the rest of your life, at a level of fuck you. Somebody wants you to do something, fuck you. Boss pisses you off, fuck you! Own your house. Have a couple bucks in the bank. Don't drink. That's all I have to say to anybody on any social level. Did your grandfather take risks? I guarantee he did it from a position of fuck you. A wise man's life is based around fuck you. The United States of America is based on fuck you. You're a king? You have an army? Greatest navy in the history of the world? Fuck you! Blow me. We'll fuck it up ourselves.

>>25651756
Reported. I hate pajeets

>>25651756
Post timestamp and your arm

>>25650064
I have $2.2m in btc/eth. And am 31 yo, $130k/yr job, no kids.

My plan is to work on acquiring my accredited investor licenses and then make investments at Y Combinator demo day. But you need connections for that so I don't know wtf you're going to do

>>25650256
>pregnant with number two
bro what does she have to take a really big shit or what

>>25651760
My wife was great for over a decade until she just changed overnight and left with everything so I’ve never complained about her to others. I’m simply stating a fact that getting married in a country with US type divorce laws is Russian roulette. If you’re completely okay with losing everything, if that’s worth it to you, then go for it. But if it’s not then somebody should at least try to warn you. Only one person warned me and I wish more had

>>25650064
travel

>>25651823
Mediocre movie, but it had great scenes.

>>25650064
Take out a Personal loan that you can cover and YOLI it all on BTC. 1.3M isn’t shot you need 10M to retire comfortably.

>>25650064
>>25650117

OP do this.

>>25650064
Based ultrachad here i also have 6 bilion in dogecoin and almost 1488 million in Eth

>>25650064
Donate it to Israel

>>25651657
I said exactly that before I learned for myself, then said it again when the second one seemed to be the right one. I was wrong again.

>>25650064
Champagne > Coke > Hookers
In that order

First of all, congrats. I almost did it aswell, made good gains, but nowhere near yours, you obviously made better decisions that I did as I'm a noob basically, emotions made me sell some stuff too early. So anyways, the money you're talking about would get me about 8 mid range apartments (modern tho, but not luxury ofc), buy yourself a house or an apartment, buy more apartments to rent, live off of that, BUT invest into a hobby, if you don't have one explore, take some time cause you can have all the money you want, if you don't have something that genuinely makes you wake up in the morning excited for it happening in the day you will be miserable. Good luck in everything and be careful with women, be badass, don't buy them shit, don't ever invest more than one cup of coffee for a woman or you're gonna get used. Cheers!

>>25650750
lol genius

>>25652111
based

>>25652112
>before I learned for myself
>gets divorced again

Clearly you didn't learn, and probably never will.

>>25650064
Sell soxl puts

>>25650256
Based and family pulled. THIS is making it.

>>25650064
Buy wine farm from France

Put $5,000 into the powerball

>>25650064
I’m jelly. I have 430k and I am 28. Making 100k. I really wish I was you but I think I’ll get there if I hold until the end of the year. I’m scared shitless about a blown off top but I know it’s going to happen and it will be a shitty 6 months until dec.

Honestly 3MM is my cash out target. 1MM is nice but you can’t retire on it. Taxes will rape you too, even long term gains. Good luck man.

>>25650064
Quit the job, cash out a bit off the crypto. Invest it into assets which are a bit more safe. Keep a lot in btc thought. Buy luxury hookers and fuck their brains out every week.

Sell have some children

>>25652366
Nope, learned this time. Never again. They change on a whim.The second one was interesting, she protested for fathers rights, was redpilled. Right up until we had a kid and she started meeting loads of new mothers. She has not let me see the kid in a year. You cannot trust women.

>>25650256
Probably this but first quit my job. I do not want to work and raise kids.

>>25650064
invest it into passive income bringing assests

>>25652727
where to find luxury hookers in usa?

>>25650064
Acquire land and comfy passive income assets with your gains. Keep your job and keep buying.

>>25650064
i'm 22 now
what would i need to do to get rich faster than you did?
1000 invested only rn

>>25653055
>passive income bringing assests
Such as?

>>25650064
>no kids

breed, if you have any respect for your own genetics.

>>25653393
Put a significant portion of each paycheck into btc/eth/link through your entire 20s

i'm in a similar spot to OP though I'm older than OP. I figure I'll probably live another 40 years or so and $1.3 million isn't enough to last me that long so I'm gonna have to wagecuck a while longer. Once my stack grows a bit more I thought about just fucking off to SE Asia or some place with low cost of living and just fuck hookers every night for the next couple of decades

>>25653303
try eros.com

>>25653393
When it comes to crypto, the strategy is simple: earn as much possible so you can invest as much as possible in 1, 2, or maybe 3 coins while their valuation (market cap) is still low. Monitor the news, ensure the projects and teams are doing their job and things are moving along well. If you had good picks, you should get good returns in a few years. If something goes horribly wrong with a pick, learn to accept the loss and try again. The difficulty is obviously finding a good coin while it's still low. The bear market was painful but also an amazing opportunity to take the time to research and accumulate a number of good projects at bargain prices. This is much more difficult to do now that we've entered a bull market, but some alts are still fairly low (BTC has pumped hard but not all ALTS followed).
Some coins to look into:
PNK (see https://medium.com/the-definancier/the-subjectivity-problem-39bdd2704cb3))
QNT (stellar team, solving a fundamental problem - interoperability, working with SIA https://www.sia.eu/en/media-events/news-press-releases/quant-network-and-sia-successfully-tested-blockchain-interoperability?fbclid=IwAR3CwuPF0CJrTC2wFS4kaGHwl7F2SbfUXtykqQt4_K6C-5uRrmVF0B_wqxQ))
FTM (this one is a bit more tricky, tech is good but not sure how adoption will pan out. Things are moving on with Afghanistan however - which is a good start - and they seem to be involved with the UAE: https://ai.gov.ae/wp-content/uploads/2020/01/Blockchain_EN_v1-online.pdf))

Ultimately I'm just trying to help but nobody knows the future so you need to do your own research, take your pick and keep up to date in case one of your holds needs to be switched out.

The other main way to make it without crypto that I can think of is to create your own business, e.g. you can build a web app or mobile app and if it's successful then one day perhaps you sell it or go public and you're a main shareholder as a founder / co-founder.

Good luck

>>25650064
you have literally no excuse to not have several children to inherit that money to

Don't quit your job unless you hate it. Despite what drooling NEET faggots on this board tell you, the VAST majority of millionaires under 50 still work.

>>25650256
kidz are boring. also a lot of hassle.

>>25650064
>>25650211
Impregnation is key. I would also buy land if you don’t currently own any. Not so much that property taxes will be a hassle, bonus points if you can rent said property and become a landlord goblin

>>25654122
this. 100k a year is too much to just stop working

>>25654122
I hate my job as a BI developer. It's totally pointless make-work. The pay is very good but I get no satisfaction from it because i realize how useless it all is and so it's hard to stay motivated. my boss is an empty-headed blowhard who is impossible to respect, and the people I work with are all kinda dumbfucks who don't know what they're doing

once I have a make it stack I was thinking of quitting and maybe just doing freelance gig/contract work instead so I can do things on my own terms

>>25650064
Buy real - estate with 3.5% down and rent out the rooms and move out in 2 years repeat 5x

>>25650064
More importantly what did you do right and wrong in your 20s? I'm 22 with $60k in link and $100 a month in expenses because I live at home. I quit my job to study full time into a career where I can start $80-100k a year. I already don't spend anything outside of monthly expenses. Good credit and no debt. What would you do if you were me?

>>25650103

>>25651732
reddit-tier

>>25651823
based john goodman

pay capital gains tax to avoid getting assfucked

>>25654698
>>25653393
Hello Gen-Z - Best advice is to increase your income as high as possible, and invest in appreciating assets. Do a lot of research on disruptive technologies and once you have strong conviction, bet heavily. Diversification is great when you have a lot of money, before that it's a distraction.

>>25650064
Start a family and have at least three white kids

>>25651947
Kek

>>25650064
Cash out and unplug from the internet

>>25650117
I am so tired of you retarded LINK faggots. Just fuck off already. Your retarded coin somehow managed to lose money during one of the greatest pumps of all time yet you're still shilling that retarded scam. PISS OFF

>>25655570
nobody cares newfag
lurk more

>>25650472
Yes. This is the truth. That $2500/month I have to pay out while having 50% custody fucking hurts

>>25655601
That's my biggest fear. How much do you make a year?

>>25655570
Link doesn’t start really pumping until at least another week. Also it’s up 50% in a week.

>>25652400
All you need is "enough" money. Family, a meaningful community, and a higher purpose are the only things that truly matter

>>25650256
only one in here that's actually making it

>>25652001
Fair enough anon, thank you for your wisdom.

>>25654698
Take some LSD.

Honest advice

>>25652001
If you think someone was great for over a decade and then suddenly changed overnight, either she suddenly developed some kind of personality-altering brain tumor or you're really unobservant. No one just changes like that overnight, you probably didn't pay any attention while she grew increasingly dissatisfied until she finally broke. Either that or she got replaced by a reptilian imposter. I'm going to guess you're just oblivious.

>>25650256
>>25655859
Cringe. Kids are literal subhumans and will drain the life out of you, let alone your wallet, patience, sex drive, time etc.

>>25650750
This is how you get STD's and having to pay child support. Also why would you want action from a bunch of used up whores who obviously make poor life choices?

>>25652350
>I rather
clearly some paid-for garbage 3rd world meme

Cash out some - keep the job till you are at least 40

>>25650064
PUT IT ALL IN DOT

>>25656090
Cringe. Too bad your parents didn't abort you for being a subhuman.

Well i don't know what you want to do with your money, but if i was me and had your money i just wouldn't sell anything. Maybe sell $3000 and buy a bike but that's that

>>25656059
There’s another guy in this thread who already shared his similar experience. You can talk to countless divorced guys and many of them will share a similar experience. I woke up one day to her and the kids gone and all the money cleaned out of our account. The night before she kissed me good night and told me she loved me. We rarely fought and when we did we communicated and worked it out. I was in good physical shape and well groomed so I did the best I could to stay physically attractive, I worked from home a lot of the time and we were about equal in terms of child raising and household duties, and we still went out together to do something new every couple weeks. She filed a restraining order which the court immediately granted so I never even saw her again even during the very brief divorce proceeding. Never got a reason. Found out she remarried less than a year after leaving. I know dozens of men that have experienced something like this.

Fuck lots of whores and try all kinds of degenerate things. I’m 27 now but I will never forget the 2 years I spent as an associate in Hong Kong. Would apply to any financial centre tho desu.

A whore at lunch with the partners. Coke over filing periods to keep going. A kinky whore at night. Weekends in Macau saunas. Hotel cum full service spas with facials/massages/good quality food, and a free whore in three different classes (local, exotic, and model tier). They even have rooms where you enjoy the local roast goose while a less hot whore (usually flips) jerk you off like a fluffer for your bull run.

European whores in Central. Snorting ketamine off a doninatrix’s ass and k holing into gorgeous feeties. Then sex with her cuz she’s a whore too. Turn down offers from whores to be your girlfriends.

Spend it on good food too. 100usd a meal. Consooom in the time you have.

I’m not mentioning fulfilling stuff we enjoy. Learning, reading, enjoying your city life and diners and knowing people. The assumption is that your hours are crap for that pay at your age. So spend the money on the good life for a bit.

I topped out at 10k/month expenses (excluding rent, visas, bills) and company stipends ($800 for bars and food). I was 24-25. I will never forget those days. Never do it again though, i have a fiancée now.

>>25650064
buy vw golf 2

>>25656771
Oh shit. Just saw that OP is older than me. Try it tho- I think you can last a year full speed for work hour/billables, fucked up sex and full consoomer. One year before your body tells you enough. You’d remember it tho.

>>25650064
I’d probably sell 250k worth and pick up two condos that will net me $1k a month each. That can at least sustain me being a neet forever as long as I have renters and hold the rest

>>25656771
kys degen

>>25656007
I've tripped a few times, have a couple tabs on hand for a rainy day or microdosing

>>25650064
Kill myself because I'm posting here and don't know how to live.

>>25656646
>She filed a restraining order which the court immediately granted so I never even saw her again even during the very brief divorce proceeding
yeah sure. everything was great and you wake up with a restraining order one morning and never see her again. we're supposed to believe that

>>25656771
Honestly I've never lived it up like this. It sounds like I need to find someone like you to show me how to try this once.

>>25650103
>twitch streamer
you gotta build a foundation first with youtube

>>25657225
This happens so often lawyers call it the silver bullet.

>>25650256
>>25652400
>become rich
>spend it on diapers
>b-bro it's b-based
huff more copium, retards

>>25650085
>quit a 110k a year job
Definitely NGMI

>>25657104
>I'm posting here and don't know how to live.
Hey, OP, he has a point here.
Some shit you have to figure out on your own.

Congrats OP

you should diversify.

Long CLF lol

>>25657225
I work in legal. Dude, it’s true. Even the remarrying within a year shit. I meet male clients sometimes on a file and the first reaction is usually shock. Obviously discounting the 60 year fat white guy with his 30 yo wife. But marriage is really 50/50 nowadays, from an outsider perspective. Obviously I think I’ve found the one too...and that she’s never fuck me up

>>25656771
ah, fuckin' quant life, takes me back

I remember when a fat jew whose software we were licensing took me and some other Goldman folks out to dinner for "client relationship building"; there were six of us at that dinner and the check came out to over $1,500 after tip; he spent the whole dinner bragging about being a corporate raider in the '80s: hostile takeovers of technology hardware companies, followed by a mass-firing of the scientists, followed by jacking up the price of their products

and boy do I have cocaine stories

>>25654518
This is the way. When you have the freedom to work on your own schedule, work doesn't seem like work anymore. Especially if it's something you enjoy doing. Working for someone is where it becomes a pain in the ass.

>>25650064
Asset based loan on a small portion to buy a condo or house to rent out. With the cash flow pay the loan

>>25656771
sounds awesome. that's the sort of life I dream of minus the working part

>>25657577
Yeah. I think those days are slowly passing though. 80s M&A would have been Gomorrah, smoking bankers and steakhouses (HK does not have good ones), coke, whores. I managed to catch the tail end of the IPO boom years (loss making coys listing). But now all the financial centers are dying...or I’m getting old.

Nowadays the more exciting client parties I have are karaoke joints with Asian businessmen with hostesses you can take home. No more drugs, no more cigars on sky scrapers, no more corporate stipends for “expenses”, no more coming into the office at 12 in ytd’s clothes.

>>25657344
>>25657529
An average of 24 people per minute are victims of rape, physical violence or stalking by an intimate partner in the United States.
Maybe you have a few cases like that but i dont buy the restraining order etc when everything is going well. your clients dont tell you everything.

>>25657225
>>25657767
As I said you will learn in time just how insane divorce laws are. Your wife does not need a reason, let alone evidence. If she wants a restraining order she will be granted it. This is just another thing nobody told me about before it happened to me.

When you told me to exchange my ETH for BTC when it goes to 0.05 did you mean this ratio?:
https://www.binance.com/en/trade/ETH_BTC
If it was bullshit, when do you think I should exchange?

Depends if you hate your job or not. 110k isn't anything to scoff at. You could definitely live off of 1.3m but it wouldn't be super comfy.

>>25657994
i've always found marriage ridiculous and dont play to marry anyway.

>>25650064
I would buy land. Quite a bit of it. Start building a dream home. Something within an hour or so of a good university so kids can stay around for a while. Other than that all you have to do is find a wife. I heard it’s insane out there right now though for dating so good luck.

>>25657730
Tbh you’d only ever achieve this life for a short period (too tiring and empty)while working for someone else. If you are tied to your company or name, it’s be hard to blow such fat stacks you could have plowed back into the baby you founded or even be so degenerate with your time.

>>25657599
Not entirely true. Mostly true though. /biz/ likes to paint the picture that working for someone else is like wagie Womack at Amazon or an executive level position a la Office Space. Professionals get to make their own time as long as you hit billables, professionals working in-house even more so. My second job is legal counsel for a blockchain start up. I set my own quarterly OKRs and tasks, have some routine checks for contracts and generally sit around all day doing nothing. Full remote too like most IT start ups. If I go full time instead of consultant, I could travel and learn and do my own shit and still see money coming in. Even in my law firm role, as long as I bill out 3-4 hours a day I can generally not come into the office and do my own thing. I DO agree though that it’s a pain in the ass to bill out 500/hour and less than a k a day, or to see your salary be a micro fraction of the coy ARR. But the partners and CEO takes the risk. My goal is to put money in my pocket and set up my risk reward exchange in stocks/crypto so I am not trading labour for money (which all business owners do. They’re slaves to their suppliers/clients/wtv).

>>25650064
Get a girlfriend then wife and starting producing offspring dummy

>>25657767
Restraining orders are granted ex party. You are not even there and it is done behind closed doors. I am awaiting trial here in the UK for domestic abuse right now because I dared to go round and try to get my tools from the shed. Women have been chipping away at our legal system for decades. Google silver bullet divorce.

>>25650750
Ew. Honestly that’s pretty gross. But you’re not wrong. I know a single mom (been keeping in touch since high school) and she unironically does this. Literally most every apartment she’s had is owned by the same slum lord for the past ten years. I’m curious to see what his end game is.

>>25656090
>Cringe. Kids are literal subhumans and will drain the life out of you, let alone your wallet, patience, sex drive, time etc.

>>25658200
Yeah so his wife can divorce and then take his kids and money

>>25650256
This op

>>25658403
you're aware you can have children without marrying right? people who marry are dumbasses

>>25655570
WEF shilling bro they have infiltrated this board

>>25650064
retire

>>25658987
>not being an Orthodox Christian

>>25652515
How did you reach that NW? I'm making 120k and saving roughly half but even so I won't reach 430 for another 4-5 years at this rate.

>>25655570
linkies btfo and would have made sooooo much more money by just holding btc or eth

>>25652400
>>25650256
>>25650335
>get rich
>waste it on a 50% gamble
might as well go to the casino and put it all on roulette

Two chicks at the same time

>>25650085
how retarded. ngmi

>>25650756

which countries are open in 2021? can you stay put anywhere or do you need constant visa runs?

do you guys realize Baked Alaska was in the capital building yesterday? The snek is due north east. Its fucking YOBA season you niggers!

>>25656090
good goy