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/biz/ - Business & Finance

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15743572 No.15743572 [Reply] [Original]

How to raise net worth from $0 to $50 Million- $100 Million without being an A list celebrity or corrupt politician? I have no talent.

>> No.15743583

>>15743572
K

>> No.15743591

>>15743572
chainlink sir
80,000 in 2026

>> No.15743681

>>15743591
how many should i buy? its 1.26. should i buy 100 ti make sure?

>> No.15743689

>>15743572
real estate and stocks, fueled by some small business enterprise. basically how most millionaires do it.

>> No.15743712

you can suck about 5 or 10 million dicks under the queensboro bridge

>> No.15743743

>>15743591
80,000 what? satoshis?

>> No.15743807
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15743807

>>15743743
us dollars
>>15743681
as much as you can
btw 90% of the total supply is going to be staked and put out of circulation

>> No.15743835

ITT: OP has not yet realized that most millionaires are not celebrities or politicians.

>> No.15743873

>>15743572
Hyper-wealth is reserved for those who sell their souls. Be humble; settle for limited wealth, enough to live a comfortable life and raise a family, complete with bringing up children in whom you instill good life values. That is what it means to be truly rich.

>> No.15744005

>>15743689
>>15743572
Basically by working extremely hard in the financial sector or creating a tech company. Pretty much the only two ways. Crypto cucks need to walk into the ocean.

>> No.15744020

>>15743572

Some notes about millions

1. You will never be rich or very very few become rich from wage cucking

2. for the past 60 years wealth comes from investing in assets. equity, real estate or other.

3. The earlier you start investing in life the faster you become a millionaire.

4. It takes time.


JMO now, the best way to become rich and quick is to find parabolic opportunities.

Find investments that have some of these qualities but not all are needed.

1. Things that are not yet mature but will mature
2. Things that NEED to mature and have big future.
3. Things that have capitulated and are in a down cycle but you know will come back.
4. Things that others may say is too early


So what are these?

Real estate has peaked
Equities have peaked
you might be able to find some commodity plays that have been crushed by certain circumstances but even then to start with say 5000 to make millions you would need to understand how to leverage. Maybe 2x at first and then build leverage up to 8x. Which is very dangerous but if you play the long game and leverage on dips in about 5 to 10 years you will might have deca millions just from an investment of 5k or 10k.

Example. Gold. Depressed after the 80s bubble. Hit a low of $200 just around 1999 or 2000. It took 10 years or so to climb to 1800. Wth $10,000 investing in the low and leveraging on dips, selling peaks sometimes. you mightve been able to have hit a few millinon maybe 10 million or so by 2012.

BUT, my suggestion right now is to find something that is early.

Right now, the only thing is Crypt0

Overal market cap is $218M that is nothing. To compare, tech stocks in early 1990s was about the same. And then from 1990s to 2000 it grew to over 10 Trillion. If you investaed in anything in the early 1990s youd be a millionare in 8 years.

Right now its the same with Crypto and there are only 3 investments you should be looking at.

BTC
ETH
LINK - Link has the highest return potential.

That is all

>> No.15744026

>>15744005
>Basically by working extremely hard in the financial sector or creating a tech company.

not at all. you can hit 50 million just owning some liquor stores and having an apartment complex.

>> No.15744030

>>15744026
Yeah good luck

>> No.15744036

>>15743572
get in on bitconnect.io

>> No.15744047

>>15744030
easier than breaking into finance or creating a tech company. most millionaires make it off stupid shit like that. for every wall street stud there is a bunch of two bit boomer general contractors or pajeet families who own a store chain. my landlord in college was worth well over 50 mill and he was just some burnt out veteran who kept using his VA loan to buy real estate.

>> No.15744050
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15744050

>>15744020
Fundamentally speaking, this is a based post.

>> No.15744054

>>15743835
So much this. I know a lot of the latter and the most sit on more debt than available capital. It is hilarious that once you walked through that space, that you realize how the management of a country is given to the most incompetent Boomers of them all.

>> No.15744058
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15744058

Happy hunting

>> No.15744064

>>15743807
When does link get staked? O.O

>> No.15744067

Sell a simple $20 product to a million people, then sell the company.
Add massive value to a common problem, communicate your solution very well in your marketing, and scale up as fast as possible. Design a 'starship' quality website for high conversion rate. Get a video made by raindrop marketing or similar agency. Scale to the moon as fast as possible. Don't sell something that has long lead inventory production of more than a few months.


This business model will be a lot harder in 10-20 years. Now is the time.

>> No.15744118

>>15744020
$200B, not million. BTC might be a good buy at $2000. The whales will dump a lot of if during the recession in an attempt to kill it. Buy at market cap of less than $30B.

>> No.15744255

>>15743873
poor man's cope

>> No.15744279

>>15744118
>$200B, not million

Yes, your right. It was a typo in my post.

>> No.15744282

>>15744118
Sorry to tell you. Crypto will never see $30B again. That is wishful thinking of a person that only has a few hundred dollars to invest.

>> No.15744897

>>15744282
Thank you Lord Jacob.

>> No.15744904

>>15743572
$50m is poor

First class plane ticket costs $25,000. If a guy with $50 million fly first class for 100 days, then $2.5 million is needed. If the whole family (including parents, wife, childrens) fly first class, then the cost easily balloon to $10 million.

If the guy with $50 million buy a few luxury houses (for himself, his parents, his kids), the total price will be about $15 million.

Flying first class and a few luxury houses easily reduce the wealth from $50 million to $25 million.

>> No.15744918

>>15744020
>So what are these?
>Real estate has peaked
>Equities have peaked

You claim wealth has come from investing in those things, so hasn't it peaked NUMEROUS times over those 60 years then?

>1. You will never be rich or very very few become rich from wage cucking

>BRO JUST INVEST WITHOUT WAGEKEKING
Fucking how? You need income and starting a successful business is hard as fuck without capital, skills, experience or connections.

>> No.15744923

>>15744064
Around 2021

>> No.15745160

>>15744923
So we have to holdl and accumulate and not go to zero by... 2021 and we will be rich

>> No.15745222
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15745222

>>15744904
>First class plane ticket costs $25,000

>> No.15745322

>>15744918
>bitconnect.io
you obviously wagecuck to start building your networth brainlet.

>> No.15745357
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15745357

>>15744904
>$50m is poor
>First class plane ticket costs $25,000

>> No.15745371

>>15744904
That 50M is probably going to be generating a shit ton of passive income so you can buy lots of imaginary $25k plane tickets.