/biz/ - Business & Finance

>>30192394
sounds like you should just kys

>>30192394
For clarification I got a 10k loan, right now if I cash out I'll only have 5k

>>30192394
GO OUT NOW AND LOOK FOR A JOB, YOU CAN DO IT ANON. STOP WASTING YOU TIME HERE. GO ANON GO.

>>30192428
Seriously what would you do if you were in this situation, serious question

>>30192394
Just HODL, also which coin?

>>30192394
how did you even get a loan in the first place lol
go get a job

>>30192445
what coin lmao

>>30192394
Listen to this carefully, anon.
https://youtu.be/MaAlc4YjAoc

>>30192505
>>30192514

I don't wanna say it, might bring it down even lower
>>30192510
Idk the bank I have an account on had that available so I took it

>>30192394
Just take out another loan and this time invest in a coin that makes money, dumbass.

>>30192394
>what do I do
it’s too late to ask that now. You should have asked it before you did this so we could tell your stupid faggot ass not to.

what I would do is cash out, spend 2/3 on silver, keep 1/3 to make loan payments, and hope for the end of the world in 2021, but don’t listen to me because I’m retarded. not as retarded as you, but certainly too retarded to give useful advice for someone in your hilariously dumb position.

>>30192560
I can't, I have to pay the current one to get another

>>30192394
wait for the market to crash, 2 weeks after that spend everything on gold mining stocks.

Easy x10 within a year.

>>30192549
so you think posting on a thread in /biz/ is gonna bring all the hodlers of that coin and all agree to dump on you? how about telling us so we can actually give you genuine advice and time frame for the loan.

>>30192614
>>30192592
I gotta pay it at the end of the month bros....

>>30192646
suck dicks then.

>>30192641
I'd rather not risk it, haven't cashed out yet

>>30192683
is it a token that you can yield farm with?

>>30192605
Go to another bank then, or failing that a loanshark. There are also plenty of payday companies that offer high-interest loans to basically anyone.

Just keep taking out loans and investing in shitcoins until you get lucky and can pay everyone back and buy a mansion.

>>30192683
You might as well cash out. Especially if it's not one that's been around for a while.

>>30192501
seriously it’s just 5k work and your done in 6 months top
There are people in this board probably reading your message that owe 100k+

https://youtu.be/oD2gXY4piF4

>>30192720
I don't wanna get more debt man
>>30192718
You can stake it but I don't think it's giving that much back

>>30192646
If end of march maybe you can make most of it back with a good coin. I would look for a part time job now though

>>30192605
Please be bait

Take a out another loan and double down.

>>30192549
>>30192683
It was FTM wasn't it? yea that whole ordeal has ruined me as well but only on money I don't mind losing

>>30192775
You took a loan, invested in a coin you don't even know how much the staking rewards are?

Fuck off larp, I wasted enough time here trying to actually help someone.

>>30192394
you're a fucking retard. you deserve to lose that money and you deserve to be in debt.

>>30192795
Why would it be? That's how the bank I'm in works at least
>>30192776
What buy?
>>30192813
No, not FTM
>>30192815
It's not larp I swear, I just thought it was going to 5x or so crazy shit so I took the leap

>>30192775
Lmao must be that scam Elrond

You might as well put the remaining in to an actual stock currently. AMC is the bet.

>>30192775
Don't think of it as debt anon, think of it as a third party investing in your startup digital asset management firm. Fake it until you make it.

Also you don't need to pay back loans on time. Nobody in the history of mankind has paid back a loan on time, ever.

>>30192394
congratulations and welcome to capitalism! You are now required to get a job and work for a wage in what is the start of your never-ending cycle of financial insecurity.
You played the game and you are trapped, enjoy your stay!

>>30192876
Yeah but I don't want it to accumulate more, it's like 4% per month

>>30192646
Enjoy having your knees broken. How much is the loan for? Might want to just cash out, buy gold and silver in cash (no record of assets) and claim bankruptcy if it’s big enough. Not like the economy won’t be fucked after this anyway, and you not having access to credit for 7 years would be a blessing.

>>30192394
I've done stupid things with money before so I'm not one to judge, but sounds like you should cut your losses before it gets any worse and look for a wagie in a cagie job. Even at minimum wage it shouldnt take more than a few months to earn 5k and get out of debt.

>>30192802

THis. DCA in OP. The coin is obviously a strong buy right now. Become the top 1 wallet and manipulate it into a top 100 coin and then dump your bags.

>>30192720
uncut gems but with shitcoins lol

>>30192945
>even on minimum wage it should only take a few months to earn 5k
and life will be 100% free until everything is paid off, right? never give advice again you fucking retard.

>>30192847
>What buy?
Hell if I know dude. I am down 25% right now.

Youre a fucking dumbass

>>30192394
Fucking pajeet, you should invest what you can afford to lose.

>>30192394
invest in $ROPE

>>30192394
Hold, retard
>>30192516
gay vid, try this:
https://www.youtube.com/watch?v=oD2gXY4piF4

>>30193018
The OP said he was already unemployed, so how would his situation be any different if he put all his wages into paying off his debt? He could literally only stand to have an improvement in living standard by getting a job. Learn to read before telling someone else not to give advice you nigger brained faggot.

>>30193050
You can turn your loss into profits when you slap MARK your funds, stake and collect high rewards

>>30192394
Get a job. Sorry it's not what you want to hear but there's no magic undo button that fixes this

>>30192394
Go to the court and file for bankruptcy

>>30192394
>taking on a loan to trade high-risk shitcoins without even having a job
I don’t know who’s more stupid, you or whoever approved the loan.

>>30192394
>taking out a loan to buy fucking internet currency
>no job
>posting on Korean football board for advice

Yeah you're a genetic deadend. My advice is to seriously consider your absolutely retarded life choices and never invest in anything ever again.

T̸͎͎̀̈́͐̍̑̽́́h̴̙̫͐͐̃͆̈́̏e̴̱͚̣͕̮͓̕ ̸̨̺͍̦̤̓̈́͗̉t̸̝̥͍̫͗̊̈͑͗͘ͅi̴̧̛̱̪̫̞̍̍̈́ͅm̷̢̥̞̫͎͙̿͐̉̊͜͝e̵̠̩̻͉̠̿̌̐͐́̾̑́ͅ ̸̱͙̻̺̈̓͆͒͘͜ͅh̵̜̩͉͖͈̘͚̹̽͑̿͐͑͐à̷̭̺̾̎͘͝͠š̵̖́̿̐͘̕ ̶̜̌c̶̯̯͉̯͙̹̈̏͂ͅơ̵̡̢̠̞͆̑̾͆m̸̛̺̘̏è̶͔͎̆̇͋̌̕ͅ.̵̰̖̣̫̮̮̎͒̊̀̈͂̋͊ ̷͔̹̯̥́́̔͑̓́͠P̸̝̪̖̈́̌̈́ͅe̵̱͐͛̔͗̊̚t̴̠͐̔ä̸͇́̌̀́̈̒l̸̬͉̹̰̭̬͔̈́̒̈́̚̚̕͝s̸̫͙̗͚͖̐̿̓̀͠ ̴̙͘d̵̢̮̭̣̬̭̿̽a̶̝̠̪͎̝͍͑̃n̷̡̧͓̦̦̣͐ͅc̸̨̢̙̜͈͇͙͕͗̓͒̃͊̑̾ȩ̷̛̖̤͔̂̈͊̆̃̈́ͅ ̷̨̻̥̦̠̎̀͠ị̴̓͛̇͊̈́̓n̵̝̜͖̍̐̒̏̒̀͘̚ͅ ̷͓̜̪̑̆̀͆̄͌̓ṫ̴̢͓͍͍̒̈́̄h̸̼̤̣̬͈͙̍̇͠e̶̦̺̤̹͓͇̋̆̾̈́̿̍̓͠ ̶͚̫̃w̶̠̭̭̞̃̾̆͒͑̄̒̐į̶̻̳͈̠̞̱̏̎n̶̛̰̙͌̔͂̏́d̶͉̱̤̼̫̠͘ ̸̩̯̥̪͍̪̦̋͘á̴̛̻̝͇̻͉̑͊́͜͜͝s̵̬̱̪̭͆̂̊̀̀̔ ̴̨̨̛̠̪͍̤͑̄̔͗h̴̢̰̺̣̮͋̇͗͜ę̵̛͎̝̭̣͉͌̂͐͠ ̷̧̯͔̌͋r̷̰̞̮̜̮̮̊͛̽͂̀͠ī̴̮̘̾s̷̖̞͎̫̟̣̣̓e̶̳͚͎̖͋s̴͇̱̒̐̃̒̏͌̉̕͜ ̵̦̺̘̟͎̳̱̖͋͛̓͘͝a̵̰̦̬̹͛̏͠g̴̰̖͊a̵̡͖͒̉̌i̴̹̟͈̪̪̙̗̿̄̂́͑̓͝ń̶̡̗͙͚͜.̸̮͐̂̔̆̈͠ ̵͎̬̥̉̽̉̊Ţ̷̡͙͙̱͍͘h̸̒͘e̶͇̺̭̹̰̙͎͔͗͒̐y̷̡͖̳̗͆̄ ̵̥͚͂͛̇ḉ̵̩̫̪͚̫͍̈́̽̓͋a̵̝̔̑̕ņ̴̨͔̜̥͊͛̈n̴̙̳̩͗̏o̶̭̪̩̓̈́̉̃̽͠t̸̬̺͕̊̐̀̂͌̍͠ ̴̭͓̰̥̱̜͉̾̐̓͒͐͆̍͠s̸̛̛̼̠͒̆̎t̴̨̠͔̳̍͛̕͝ö̴͎̟͋̔p̵͖̫̤͕͑̀̒͊̍̃͜ ̶̪̪͖̯̒̇̕h̸͓̗̍̕i̸̟̞͇̮̞̗͂͋̋̓m̷̯̳̣̀̈́̏͐́̈́͠ ̸̤̮̦̦̔̎̓͑̓͐͒ț̶͕̭̪̪͆͗́̀̚͘h̵͖̭̝̃̉̉͑͂̈͜͝͠ǐ̷̧̳̖͍̗͉̦ś̵̳̮̩ ̷̈͛̑͂̇̀͠ͅẗ̵̹̾͛̓̋̓i̷͈̬̹͇̜̎̃̑̀m̸̛̛̼͈̦̖̝͉̭͈̐̇̉̓͗̂é̶̛̘̫̬̚͝

>>30193413
>internet funny money on par with beanie babies
>investing
pick one

WHAT IS THE FUCKING COIN?!

>>30192933
>I don't want it to accumulate more
Anon, I don't know where you learned how to business but you're missing some really fundamental principles here.

The rule is: you need to speculate to accumulate. The bank has speculated on you - that you will be able to pay back the loan with interest - so that they can accumulate. You need speculate on shitcoins so that you can accumulate the necessary funds to pay off the loan. If your speculative bets aren't making adequate funds, then you need to take out another loan to enhance your speculations. This is known as accoomulation and in doing so not only do you eventually make money for yourself, but also for the banks you take out loans with which benefits everyone since the bank can then offer more money to other people to invest in crypto with.

It is your solemn duty to take out as many high-interest loans with as many banks as possible and invest all of their money into crypto. The banks don't know what they're doing so it's down to you as a professional independent digital asset manager to invest their money for them. In doing so you will help provide a safety net for the country when the economy eventually collapses since you'll hold all the crypto and then you will be able to offer individuals cryptoloans and YOU WILL BE THE BANK.

>>30193421
Shut the fuck up Neet

>>30192933
What the fuck was the coin anon we can tell you to hold, no whales on here are going to dump. Get over yourself.

>>30193563
>well played silver comrades ID
i shoudlve bought the fucking silver

>>30192394
Well, you already fucked yourself so the only option is to throw the other 5k in crypto. Go on FTX and use 2-3x leverage (AT MOST) and spread it across 3-4 shitcoins that HAVE NOT started their cycle yet. 2018 coins with heavy recent volume would be great candidates. This is the only way to make your $5k back faster than waging for a month. Best of luck

>>30193584
I don't know man sounds like I would sink even more debt if I did that, I'm already fucking stressed out, can't imagine doubling down on this

>>30193492
That was kind of my point. Theres a difference between investing in blockchain tech and picking a shitcoin to go 10k in debt on because you like the ticker or the logo or because some pajeet shilled it on /biz/. Never have sympathy for retards who invest in shitcoins and go broke. They fucking deserve it.

>>30193710
It sounds like that because this is literally how you sink further into debt

>>30192394
Put it into Bitcoin or XLM, with the dip right now they should be skyrocketing soon.

I don’t understand people who buy crypto on loans, rent money or trade on leverage. Are you guy fucking suicidal? How can you possibly be so bad with money

>>30193141
you’re a fucking retard who lives in his stepdad’s basement. he makes sure you hear him fuck your mom on purpose.

>>30194077
>knows I'm correct
>has no reasonable rebuttal
>autistically rages
Imagine my surprise that something like this would happen on 4chan. Top kek

play silly games... win silly prizes

>>30192753
i owe 30k, took it from a bank, multiplied it by (unknown amount) and now im telling the bankcucks im poor boy who lost it investing kek im order to file for bankrupcy (its 3 years here and all your debt is forgiven)

>>30192753
Honestly this is the most down to earth reply here so far.
>>30192394
Move back in with your parents and get a real job, any job, and work your fucking ass off.
Think of it this way anon, it’ll be a shit 6 months of your life but $5k is nothing in the grand scheme of things. Just learn this fucking lesson well. If you’re in your 20s you don’t even need to feel that ashamed about it, just don’t dick around and get serious about your life.
I’d pull out the $5k, keep enough of it around to make short-term payments. If it’s a truly shit shitcoin, like full on scamcoin, the only thing you can do is cut your losses and move on with life.

Or you could throw some of it into BTC because it’ll probably hit 100k this bullrun notfinancialadvice.jpeg

>>30192394
AHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH WHAT THE FUCK? BROOO YOU LIFTING THE BAD MOOD I HAVE YOU FUCKING FAGGOT LOSER HOLY SHIT AHAHAHAHAHA

>>30192394
This was you last year

>>30192394
who the fuck gave you a loan to buy a shitcoin? kek. anon, we are crabbing in a bullmarket. turning that 5k back into 10k is not problem if you're not completely retarded....sounds like you got problems though. don't be afraid to sell at a loss to hop on something that is actually going to pump. sunk cost fallacy will paralyze you

>>30192394
Nice larp. Post sharpie in the pooper 1000x and collect the pity funds.

>>30194438
>>30192646
Oh Christ nevermind. Fuck man, go to the church??
This is why money fucking scares the shit out of me unless I got it from a paycheck or cash. Even crypto scares me a bit but at least if I lose money I don’t end up paying it BACK, the most anxiety provoking thing about it is taxes and shit.
I remember applying for a loan while I was doing house flipping as part of a startup, so fucking glad I wasn’t approved. Can’t imagine taking a risk like that on fucking crypto.

>>30192394
If you are stupid enough to get a loan for fucking crypto gambling, you are too stupid to make it in the first place. Get those 5k out, get a job, and never look back at crypto ever again

>>30192394
What shitcoin was that? Let us know so wehn you sell its probably gona moon so we buy it.

Alright I sold it for BNB, is there hope until the end of the month bros?

>>30194792
no man no, wtf
bnb is a centralized shitcoin and currently at ath
are you purposefully trying to lose your money so you can feel desperate enough to kill yourself??

>>30192394
Declare Bankruptcy and get a job

forget about this cheap dump
no need to follow this shit
>you shouldn’t be smart to understand how to do profit on farming
follow Jul on Binance Smart Chain
>no reason to pay 30% of your value on fees and taxes

what part of dont invest (in this case gamble) what you cant afford to lose dont ppl understand lmao

>>30194918
BNB is not at all at ATH, I think BNB at this price is okay

>>30195066
it is good at this price. should be able to sell at $250 sometime today. it's been ranging very predictably. its not gonna 2x for OP easily though.

>>30194792
Why didn’t you throw it into bitcoin instead.

Early January it was around 30k, same time February it hit 45k and for a brief moment it was almost 60k. In a month you could probably double your 5k on BTC.

FOR FUCKS SAKE, WHAT WAS THE SHITCOIN U BOUGHT U FAGGOT AFRAID LOSER

>>30192813
it’s because you bought in at 75¢ didn’t you

>>30194386
Based

>>30195318
I don't wanna screw over the holders, I'm pretty sure most of them are here on /biz/

>>30195558
HOLY FUCK JUST TELL IT YOU FUCKING RETARD

Youll get used to it, you win some you lose some.

Alright guys I admit it, I bought Chainlink :/

>>30195558
Tell us you fucking larping retard

>>30195558
If you saw it halve, they did too. So they already know.
Besides you’re in BNB now

it's everest you dumb fucks

>>30195703
>Besides you’re in BNB now

Is that bad?

>>30195558
OH MY GOD
You bought ASKO!
HAHAAHAHAHAHAAHAHAAHAHA

>>30195558
larping

>>30192394
Don't buy scams next time. They're called shitcoins for a reason, you're doing this shit to yourself my dude. Buy Bitcoin, and then get some help

>>30195535
I was in below .50 but sold when the issue happened, waited and it "recovered" to 0.68 so I bought in like a retard. Thought the worst was past and thought it was recovering but hey ho no its not. I've been hodling since but set a sell order for half my stack at 0.60

>>30192394
some people should not trade

How did you even get a loan without a job lmao. The absolute state of banks

AND BNB DUMPS

>>30192394
just put your money on bitcoin and wait every month, next month gonna be up to 60k

>>30196437
And the coin I sold pumps

Fucking kill me

>>30195847
>tfw got into ASKO a week ago when it was 4c
>nearly doubled my money

>>30196564
man, stop crypto and learn the fundamentals.
you really need to think about your investment strategy and what you're willing to lose
you've played the retard game and thought you could earn everything. you learned the harshest truth of all: getting easy isn't that easy. you've doomed yourself to financial insecurity and probably more than that. learn to trade before doing shitty dickmoves like you did.

t. cautious retard

>>30197539
*getting easy money

>>30197539
Thanks anon, I will not risk it all ever again

>>30197647
i hope you will. ngmi for the moment, but you still can make it. just stop the dickmoves and learn crypto, finance and economy; with a strong knowledge in your own individual core, you'll be less irresponsible when it comes to money. and btw, learn to invest in long term cryptos. it helps getting a better knowledge of the market we're all on