[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 346 KB, 439x500, 1609506788192.png [View same] [iqdb] [saucenao] [google]
29283877 No.29283877 [Reply] [Original]

>made more on crypto than my salary this month
>graduate school seems completely pointless now

How can you keep working when you make massive crypto gains?

>> No.29284837

OP I have made 15x my shitty wage this month.
But im still cleaning the dust in the working area

>> No.29284873

>>29283877
you don't and you shouldn't. don't go to graduate school if you can afford more than 2 years of rent living modestly. Absolutely not worth it unless you get into an industry job paying six figures immediately after.

>> No.29285001

>>29283877
The problem with that mentality is that this is a bull run, and as much as I hope it lasts indefinitely there will almost certainly be another bear market sooner or later. Unless you've already made it, you'll want reliable income to get you through it.

>> No.29285247

>>29283877
Work for yourself Anon.

>> No.29286034

Imagine having a good, reliable income to accumulate during a bear market.

>> No.29286056

>>29283877
when crypto crashes again you will see why

>> No.29286102

>>29283877
same
and, this >>29284837

>> No.29286249

If you didnt cash out you didnt yet earn it, also reminder that only about 10% of people will come out of this bullrun with profit.

Find a better job, that will keep you safe if shit hits the fan. And always look for a better one

>> No.29286833
File: 205 KB, 1349x1459, 1602188374017.jpg [View same] [iqdb] [saucenao] [google]
29286833

>>29283877
Making money in a bull market is like surviving a bear attack by running: you don't have to be faster than the bear, you just have to be faster than the other guy.
You're not making money because you're a genius who has figured out a brilliant system to beat the market, you're just beating the legions of dumb money who have recently arrived. "Think of how dumb the average person is, and realize half are dumber than that," and understand that the people fomoing into crypto right now because they saw it on the news or an e-celeb's twitter feed are almost entirely retarded. Congratulations, you're smarter than them, and your pockets are fattening with the spoils of victory.
But once they're all gone, and it's just you and the bear, you'll learn a hard lesson about where you stand in the food chain. Take profits, don't fuck with margin, only invest what you can afford to lose, don't quit your job.

>> No.29287019

>>29283877
they are separate types of gains, fren.
wait until cash out
wait for the boringDAO BTC tunnel to make your life way easier in doing that, sir

>> No.29287668

>>29283877
I used to be like you in 2017 lol. Keep the job until you have made it. You need the cashflow in a bearmarket. People that tell you otherwise have no bills because mommy is breaking her back providing for them