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/biz/ - Business & Finance


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File: 35 KB, 565x1000, mylife.jpg [View same] [iqdb] [saucenao] [google]
26097610 No.26097610 [Reply] [Original]

i wasted the last 5 years of my life supporting Donald Trump and Bashar Assad on a manga board when i could have been investing. i have $1500 in checking account and am 35 years old.
i am panicking.
please help me /biz/

>> No.26097637
File: 98 KB, 991x695, 1610154267362.jpg [View same] [iqdb] [saucenao] [google]
26097637

many people were brainwashed and wasted those years too.
there's no need to feel sad.
buy BTC LINK XMR

>> No.26097661

buying and holding bitcoin is a passive activity and you didn't even do that...

>> No.26097663

>>26097610
Dont lose it, we are on the same boat. In fact i started around last week
Read read read and invest slowly

>> No.26097666

make a crypto.com account and buy chainlink using the app. add more each payday and you should scrape together a decent pleb stack.
or try to gamble shitcoins

>> No.26097714

>>26097610
I'm in a similar spot, dipped my toe in 3 years ago but sold all of it at a slight loss. But i'm getting back in the game, i've got $1500 to spend so bought a little BTC and ETH to get started and i'm looking at where to put the rest.

>> No.26097723

>>26097637
>>26097663
I realized I am worse than a jannie. At least they have some tiny amount of power. I screamed into the void for five years and I did it for free.
>>26097666
Thank you
>>26097661
I was saving dollars and then lost my job last year during covid and I paid $5k out of pocket for dental work. All I have is my dog and a 04 toyota. I never thought about money before. My family never talked about it.

>> No.26097751

>>26097610
I bet that feels amazing

>> No.26097773

>>26097666
check'em
also this guy's pic >>26097637 is a fairly hot tip, you can buy AVAX on binance if you want something slightly more risky but with more upside. this is slightly more involved so ask in one of the AVAX threads if you want to go this route

>> No.26097854

>>26097610
Well they have these things called jobs. Look it up

>> No.26097958

>>26097610
I don't feel bad for you.
It's fucking 2021 an you still think that politics are more than a reality show. Trump or Biden doesn't matter. They fucking played you and you took the bait. Now here you are, poor and helpless, ready to get your ass fisted.
And why? Because you delusional faggot thought that Trump would change anything or come to rescue the middle class.
Your future does not look bright. I wish you good luck. At least you realized it at all now

>> No.26097990
File: 75 KB, 808x805, betrayjak.jpg [View same] [iqdb] [saucenao] [google]
26097990

>>26097610
magats get the rope

>> No.26097993

OP, you sound like the kind of guy who will walk away from /biz/ poorer, rather than richer. I hope I'm wrong as your heart is in the right place, but damn. Supporting politicians and investing are absolutely not in the same category, choosing between them exclusively is like choosing between "believing the earth is round" and "eating enough vitamin C rich food".

>> No.26098062
File: 152 KB, 1148x1200, 15948680484174.jpg [View same] [iqdb] [saucenao] [google]
26098062

>>26097610
It's OK bro, he's safe now. The war is won, it's time to focus on ourselves now.

>> No.26098303

OP I feel for you. I gave up /pol/ a month ago and have been here ever since. Fuck politics just get money. Try to insulate yourself from the decay as much as possible.

>> No.26098358

>>26097958
and you were played by OPs political bait post. youre all retarded

>> No.26098732

>>26097723
>I never thought about money before. My family never talked about it.
that's just called being middle to low class. that's the majority of us. we don't have the benefit of a wealthy family to teach us about money, and the system just funnels you into wage slavery and a tax advantaged account for savings. money didn't become important to me til I lost my job. then i switched careers to finance. I went from having nothing to my name to around $100k as of today in a span of 3 years, and I'm gonna have alot more before all this is done.

good that you decided to stop screaming in the void and start working on yourself. I would only recommend LINK or BTC to others but my folio is LINK, API3, ERG, XDB; higher risk. Buy and hold. Don't sell til BTC is 100k or Dec 2021.

good luck

>> No.26099246

>>26098732
Thank you

>> No.26099309
File: 131 KB, 528x321, 83a.png [View same] [iqdb] [saucenao] [google]
26099309

>>26097610
It's OK, I'm a brainlet too and also fell for the pied piper MIGA memes. Ive now seen the light and will waste 30k on DCAing into link, eth, and some other undetermined meme coin and will probsbly lose it all when Biden steps in to regulate coins

>> No.26099365

>>26097610
Why are so many /pol/ users coming to this realization all at the same time?

>> No.26099378

>>26098303
This place is 1000x worse for your brain than /pol/ because you'll be so sick from not having any money that it consumes you all day and night to the point of despair. I've done the calculations. Even if I invested $20k a year, I wouldn't have jack shit near what I want in life. Even at retirement it wouldn't be enough and I don't want to live past 50 anyways (I'll kill myself as I approach that age). Politics never made me upset or frustrated. It's more a spectator sport that isn't personal. I don't give a shit if the opposition party wins. Business and finance on the other hand? That gnaws at you. Setbacks keep you awake for weeks on end. Most people just cope by ignoring it or drinking weekly. I never even drink these days because it's a huge waste of money.

>> No.26099496

It’s okay fren we’re gonna make it

>> No.26099540

Well, you know now. You woke up right on time.

>> No.26099550

>>26099378
nigger get a JOB

>> No.26099588

>>26097610
Bro if you're reading, my advice is to NOT buy right now. BTC will crash and enter a 2 year bear market. That's when you buy it all up and wait for 5 years. Get a wagie job and assign every payment to BTC and in 5 years you'll have almost a million. If you gamble shitcoins NGMI

>> No.26099632

>be 23
>have 100 AVAX
What should my target be?

>> No.26099676
File: 218 KB, 1135x1080, 1586653647349.jpg [View same] [iqdb] [saucenao] [google]
26099676

You're me from 3 years ago. Buy LINK. I made 500k and I'm going to make 20 million.

>> No.26099682
File: 310 KB, 2048x1536, Soros.jpg [View same] [iqdb] [saucenao] [google]
26099682

>>26097610
unironically the worst thing about the us election is that they will drone Assad

>> No.26099757
File: 360 KB, 615x689, noescapefromreality.png [View same] [iqdb] [saucenao] [google]
26099757

Thank you all so much.

>> No.26100037

>>26099588
literal brainlet. that dip was the first selloff and you're a newfag and a retard if you think otherwise.

>> No.26100111
File: 1.62 MB, 498x474, tenor (4).gif [View same] [iqdb] [saucenao] [google]
26100111

>>26097610

Well when you are really 35 years old how the fuck were you able to only save 1500$?

Holy fuck, there is a hidden rule of /biz its called "if you dont have 100k$ by 27 at last you wont gonna make it far"

Politics and News are something we wojaks in the system cant control man, stop caring for it and start improving yourself and your numbers.
Jesus Christ 1.5k$ is my Quarterly Divi payment and it means basically nothing to me because it straight goes back into the divvie portfolio.
Look out for a Job (at least UPS or Amazon or FedEx as low IQ pleb you are able to that kind of Job) and start grinding you miserable Magafag.
Peace'n love

>> No.26100207

Hey, at least you're not that Tarrant guy. Imagine realizing what you are realizing but then having to spend life in prison for being a retard.

>> No.26100250

Another newfag here wanting to start to get into crypto. I want to start with a 2k investment.

1k 50/50 BTC/ETH and 1k more risky into AVAX

How does this sound? And how should I do it, should I wait for BTC to make a big dip again and then hop on? And I hear alot about DCA'ing, I have no idea how to do that, but I want to learn. Thanks biz bro's

>> No.26100401

>>26100250
Look into DeFi to earn interest with your coins. You can do more than just buy and sell like a stock.

>> No.26100527

>>26097854
Not for long. Look it up.

>> No.26100588

>>26098732
Good advice. With 1500 probably better to all in link

>> No.26100616

>>26099378
If you invest 20k for 5 years and double it a few times on the way, its a lot of moola

>> No.26100622

>>26100111
What is in your dividend port, king?

>> No.26100641

>>26100111
Actually it's pretty average
Scary to think most people are so close to destitution at any moment

>> No.26100701

>>26100401
Does this have to do with setting up nodes?

>> No.26100739

Jeez, I hate Assad and the rest of Middle Eastern swines. My country (Russia) poured literally billions into supporting this nigger at the expense of the domestic economy.

>> No.26100742

>>26099378
>Even if I invested $20k a year, I wouldn't have jack shit near what I want in life
Don't be so sure. I started with about 40k invested in crypto 5 years ago. That has grown to over 4 million now. It doesn't happen overnight, but with patience and research, it is possible to really do well.

>> No.26100890

>>26100742
What was your roadmap? What would you recommend newfags do?

>> No.26100943

>>26100742
When I read stuff like this I always wonder if I'm being trolled or not, I hope it's legit

>> No.26100971

>>26100890
Yooooo first how the fuck do i even start buying crypto, which app, i dont trust google or reddit

>> No.26100983

>>26099365
Probably because cheeto jesus lost. Its fine dude, they will buy our bags from us. More money coming into crypto is always a good thing if you are already in crypto.

>> No.26101015

>>26100890
>What was your roadmap?
I spent hundreds of hours doing research before I committed serious money. I fomo'd my first Bitcoin in 2013 at $1k and then bought a few more around $250-$300 in 2014 and 2015. While doing research, it occurred to me that attaching a virtual machine to a crypto currency would be a great idea, and when I searched to see if someone had done that, I found Ethereum. After the ico, but when it was still below $10. So I dumped about 20% of my net worth into it and let it sit for a year and a half before it really took off.
This space is so volatile that if you haven't put in the reading and thinking time to back your investment, you are very likely to get scared out of your position too early. There are many stories of people who bought Bitcoin under $10 and sold years too early.
So my recommendation is do your own research. It not only helps you make better choices, it helps you stick with them.

>> No.26101032

>>26100943
I'm not larping
>>26101015

>> No.26101048

skip the queue by buying freedom reserve from uniswap.

>> No.26101096

>>26100971
Coinmetro is based
Coinbase PRO is ok
LCX is decent

Buying monero with cash and then exclusively using a decentralized exchange like uniswap through metamask is the most chad option, only one that lets you avoid taxes / be untraceable

>> No.26101121

>>26101096
Beat ways to buy monero with cash?

>> No.26101181

>>26101121
Localmonero
There are others, I'm not familiar tho

>> No.26101221
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26101221

>>26101181
Thx

>> No.26101350

>>26101096
What do you guys use ? And is there a reliable source to learn more from google or reddit, they all shill to pay taxes like retards.

>> No.26101372
File: 159 KB, 942x1057, 1610574070607.jpg [View same] [iqdb] [saucenao] [google]
26101372

>>26097610
>>26097637
tomorrow xsn gets listed on bitfiniex