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/biz/ - Business & Finance


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24174007 No.24174007 [Reply] [Original]

This used to be over 2 years work wages for me, yet i feel nothing making it off a few trades now. Held through the bear market and now I’m numb, I know at anytime eth can fall back to 300 but that doesn’t even bother me anymore after seeing it crash to 80$ Anyone else?

>> No.24174155

>>24174007
Same dude l. I used to be scared about putting $500 into crypto. Now I've got $100k and feel totally stoic.

>> No.24174269

>>24174155
same I used to be stressed having 5k on a ledger and a few eth on an exchange

>> No.24174321
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24174321

Dunno I feel anxiety because I'm still a poorfag. You guys already made it with that kinda cash. I'd rather feel nothing and be set than the constant dread of waging and trying to DCA ever so often whilst still keeping my S&P DCAing in check. I don't want to put 100% into crypto. Faggots will mock me for this but face it, going all in on something is stupid as fuck.

Ps. I'm not even gonna read you NEET faggots' posts about how stupid I am. No good investor goes all in, but that's what biz is about. Not investing but degenerate gambling. Some make it and most don't. Just the way of life I guess.

>> No.24174412

>>24174007
I am not numb, the opposite, my folio is to break half a mil any day now, might be even today.
>That's life changing money, should I get more stablecoins and just put them in a curve pool? >Or should I just keep riding the wave??
These decisions are difficult, because I'll remember the wrong ones for a long time, and the right ones will be taken for granted and forgotten.

>> No.24174505

>>24174007
>>24174155
Same 6 figure hell is real
Not enough to make it and as time goes on not enough to care

>> No.24174627

>>24174007
This thread is based. Same here anon. I haven't felt anything since 2017 and before that I was numb from when btc went from 1100 to 100 in a few months back in 2013-2014

>> No.24174642

Just thought I’d stop in with some rational thought. I felt what you felt in 2017 when my portfolio mooned to 6 figs and was in that range. I felt like I made it. Money wasn’t as important as it used to be, etc.

When it comes crashing down, you will feel lots of pain. And it will. It always will. Markets to in cycles.

I sold some of my stack back then and sent 5 figs to the bank, but wish I did more.

This is a bull market and it will go bear. Everything is in cycles. Wait for the double top on the daily for BTC and scale some out. You’ll wish you did. Screen cap this. Good luck.

>> No.24174668

>>24174412
there are only 2 paths for you - most likely you will go path 1 (because most ppl do).
1. ride the hedonic treadmill. get big house. nice cars. nice clothes. eat at fancy restaurants. luxury trips. yachts. keep doing above in higher amounts with greater frequency because the serotonin boost wears off so quickly near the end
2. realize this game before you start. lead a very modest lifestyle. feel basically numb to the money

no matter which route you take, the end is the same: it just becomes meaningless numbers on a screen. its a tough nut to crack.

>> No.24174845

>>24174668
Path two sounds great right about now. I lost my job after being treated like absolute shit. Only $35k fiat to my name. I'm going to be monitoring /biz/ now to see what you all shill as the next moonshot, you anons haven't been wrong yet. Here's hoping...

>> No.24174854

>>24174627
Damn that’s some OG relate but I can relate to the drawdown and not feeling shit, I did at first but after a few months, some weeks losing 100k i got calm
>>24174642
Good advice, I’ve already held through a drawdown from 1.95M to 600k~, Im back at 1.3 now, it’s been a wild ride and I know I’ll hold from 10M back to 3-4 and so on, cause really I’m already comfy in life and it’s 10M or bust for me, but I know then it’ll be 20-30m and so on. I’ve been from 5 figure hell, to 6 figure, to seven, it doesn’t change not for me

>> No.24175022

>>24174007
HOW THE FUCK ARE YOU DOING THIS

>> No.24175034
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24175034

Based thread. If you're numb to it, then you've defeated your emotional self, and that's the biggest opponent of all. Not the pajeet, not Sheckelberg, but your irrational half.

>> No.24175111

I have $5k in crypto (started with $2k fiat) and my day is literally ruined if number go down. I’m trying to get to six figure hell, let alone 5 figure purgatory. Check your privilege cracker.

>> No.24175140

>>24174845
path 2 is the smart path, but its an existential problem that you don't realize until you're in it.

if you could afford to become whoever you wanted to....who would that person be?

>i'd start my own biz

ok...and then earn more money....and then what?

>ok, well i'd just live comfy life sitting on couch

and is that sum of your life? being a slug?

>i'd get hobbies and interest
now we are getting closer

>i'd get involved in charities - funding things like next big medical break throughs
...you're getting warmer....

>> No.24175162
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24175162

>>24175022

>> No.24175270

>>24175111
ngmi

>> No.24175290
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24175290

>>24174668
>lose all of it and go back to sucking dick cuz he didn’t really want freedom

There’s path 3, which is the real path 1

>> No.24175458

>>24175111
Unironically feels better at 4 figures than 5
When I broke thru $10k I just started feeling like I fucked up not having more
Now I'm stuck in 5 figures for what feels like eternity

>> No.24175508

You guys are fuckin fags it just proves you're neets. You literally will be the niggers that buy hookers and do blow when you make 200k. Hey how about start a business, don't have to do much just hire people that do and then get a nice house with a badass kitchen and yard, have kids, etc. You arent wolf of Wallstreet you don't need to throw money of a yacht. Create something.

>> No.24175570

>>24175508
I make more staying up to date and trading crypto then any business i could run which would subtract from that, that’s unironically how you go broke moving from one thing you’ve mastered into something new

>> No.24175603

>>24175140
Amen. I have to take care of my personal financial situation first though; what good am I to others when I can't even keep my house in order. I am setting up my own business in the meantime, whilst lurking moar... God speed kind anon.

>> No.24175615

2017 was hardening as fuck. I feel like a lot of newfags will learn what we did and carry it with them 4 years from now

>> No.24175664

>>24175140
It is about creating something you fucktard. I wanted to start a pot farm with good organic weed that doesn't involve pesticides. Link allowed me to do that. I wanted to merge into organic veggies and exotic fruits. Less successful and I sold the biz and it is now operating and is profitable. CREATE. If you dont have this in you just sit around and play your ps5 I guess.

>> No.24175675

>>24174668
When I hit 5M I’ll cash out a ml, upgrade the house, get an investment property and upgrade the car, then take a 3-6 month overseas trip. thats my next milestone, targeting 2022

>> No.24175726

>>24175570
You are missing the point entirely

Some of you act as though its all about money. That is your problem. You have no passion. That is fine but you will never find happiness with money. I know people like this aged 60+ its sad .

>> No.24175733

>>24175615
yeah they’ll just say we got lucky and it was easy, selling tops and buying bottoms. The amount of times in 2017 I coulda sold only for my portfolio to go another 5-10x is nuts, we will see how they handle 2021-2022.

>> No.24175736

>>24174007
what resources did you guys use to learn how to trade and what trading platform do you use?

>> No.24175780

>>24175508
>start a business, don't have to do much just hire people that do and then get a nice house with a badass kitchen and yard, have kids, etc
Ok boomer retard. Hope the next shut down doesn’t fuck your small business in the ass

>> No.24175844

>>24175780
Again you miss the point. These guys are saying when they make it they're hollow. It is because they have no passion, no problems to solve. If you want to be one of those guys that collects until you're loaded and pays young girls to squeeze their tits then fine just be that guy. You people really are autistic.

>> No.24175864

>>24175675
Overseas? Watch out for the trucks of peace and tolerant refugees.

>> No.24175889

>>24175733

ooook. tips? Im about to enter 5 figures and we are the very start of the bull run so I expect nearing 6 figures will happen too. Do I tether up progressively? Whats the attack plan and lesson you oldfags can help us out with?

>> No.24175920

>>24174007
this is the zeitgeist of this bullmarket so far. Everythings gone up, who cares? Maybe we'll start giving a shit when btc is 6 figures, but even that will feel kind of predictable now.

>> No.24176073
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24176073

>>24174007
>$22543.52
>$22,543.52
>$79305.85
>$79,305.85
>he forgot the commas when editing in chrome inspect

that's fucking cringe.

>> No.24176143

>>24174007
The worst is with cars. I can point to any lambo/porsche/ferrari (well, the ones that cost 6 figures, anyway) I want and it will be mine, as if by magic - but I still drive an old Honda CR-V with a bad transmission

Money won't buy me a pill that magically makes me like cars again. They're just a hunk of metal and plastic, the dream is dead

>> No.24176192

>>24174668
Not only this but you will become distant from friends and family. It gets very weird in social settings when they know you have money and they do not. I have been jaded and would like everyone to have life changing wealth but the fact is most normies will continue to live paycheck to paycheck riddled with debt.

The only true path is Jesus Christ. God bless

>> No.24176193

>>24174007
>84%
>thinks that's some sort of achievement
kek

>> No.24176206

>>24175920
This, since I hit 6 figure hell I don’t even flex on anyone anymore, if people ask about crypto I’m vague And say I’m mostly out of it.
>>24175889
you might be better then me at swinging to catch tops and bottoms with tether, it rarely works out for me and in the past I’d often have to buy back a little higher. Though if a major event happens say binance got hacked In a big way, tethering up for a day or two ain’t bad
>>24175726
I get your point and it’s correct in a way, though ive already done a bit in life and I’m mid 30s. I lost a lot of my passion once I hit 30 desu

>> No.24176393

>>24176073
newfag thinks chinknance pnl has commas

>> No.24176410

I've mined a few BTC back in 2011, stopped because it was a waste of time and they were worth a pittance.
I cashed out almost all of my BTC in Dec 2017, perfectly timing the local top, and became a millionaire.
My networth is still around 1.2M, but to be honest, I don't feel numb, I feel more or less depressed.
I could have had 5M, 10M, and so on, that would be perfect. In my area, 1M barely affords a very small older house. It sucks.

>> No.24176435

>>24176206
>6 figures
>anything to brag about

yikes

>> No.24176601

>>24176435
1.3M now boyo, how about you?

>> No.24176674
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24176674

>>24176601
>1.3M
>barely enough to live a sub-standard lifestyle without wagecucking

ngmi

>> No.24176728

>>24176674
Already have a 5 bed with a pool that I dropped 1.1 on with some of my 2017 bucks, how about you?

>> No.24176802

>>24176674
ugh, that is a disturbing dystopian image from the hellish future, where niglets and women reject the application of white men at MegaCorp.
We're almost there, give it 10 more years.

>> No.24176861

>>24176410
Good gains I can feel that pain tho, so you’re all out now? Not even speculating on a few shitcoins with say 50k?

>> No.24176932

>>24175034
>internalize these words and no external force shall move you
based seneca - brah

>> No.24177053

>>24176861
Same as you, I'm in my mid-30s, turning 37.
I've never invested any real money in BTC, everything was mined early.
That said, I'm almost 100% in stocks, and only index funds, no individual stocks.
I have around 3 BTC left, because that was many, many scattered little UTXOs. I could not sell them, because it would have cost me $50 to transfer a $50 UTXO to an exchange. I managed to consolidate all to a single big UTXO when BTC was much cheaper and when the hype was over.
I do not speculate with shitcoins at all! I have NEVER "invested" in shitcoins. The only shitcoins I've got were from forks. Aaaah, I remember selling all my forked BCH at $2700! Yes, I also remember selling all my Bitcoin Gold at > $100...

>> No.24177189

>>24174007
>>24174007
For me same but I'm learning what it means to hold long term and have diamond hands.

>accumulated 10k link at .30
>sold early
>accumulated 40k xrp in august
>sold early

Now I'm in another coin and I absolutely am not fucking selling for at least an entire year or longer.

>> No.24177315

>>24176192
>Not only this but you will become distant from friends and family. It gets very weird in social settings
so no change then

>> No.24177345

>>24174321
>rauol pal says crypto is the most asymmetric trade he's ever seen and advises young people to go all in

>> No.24177357

>>24177053
you mined it, you believed in it early, you made a ml and you got 3 btc left you won the game. I miss those forks and when I thought shit bcash May actually briefly flip btc when it went parabolic,
Check this thread out too since you’re a btc OG
>>24084695
Kinda crazy but a good read imo
>>24177189
Yeah it’s tough to know when, I’ve made a few good sells but I sold 25k link at 40c, the pain is real

>> No.24177416
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24177416

>>24174007

>claims he made it
>still browsing biz

fuck off larp, you will never be a woman

>> No.24177446

Have you heard that the blockchain can help people solve the problem of a high level of crime and fraud? I do! The gotEm is the real pearl in the crypto field. And cooperation with Cointiger will get them to the moon!

>> No.24177568

>>24176802
This is already the reality you dumb african-american.

>> No.24177623

>>24177189

which coin?

>> No.24177750

>>24174155
I feel the same way.
I think it’s because I haven’t used any crypto money to buy anything, so it’s just like imaginary money at this point.

>> No.24177791

>>24174007
If I ever feel the peace of complete financial freedom I'll be elated for life. Now I'm just hoping holding for a few years is my beat option instead of flipping what I have right now. I'm still waging and just thinking I can make more now just flipping my crypto than I can in months of more waging is tough, but it's a constant cycle of dips and rises anyways...better off holding in my case and earning more garbage fiat to turn to neet bucks.

>> No.24177870
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24177870

>>24177623
ersdl

>> No.24177918

>>24177568
No, today it's old white men deliberately rejecting young white men and hiring diversity garbage instead to meet their quota and collect a fat bonus.
This diverse filth will be in managing positions soon if not already, and then it's game over.

>> No.24178028

>>24177870
kek, sorry about your bags

>> No.24178113
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24178113

>>24177870

>> No.24178254

>>24175844
>no passion, no problems to solve.
Are you a boomer?

What problems are left to be solved that FAANG won’t fuck you for even trying to solve? Do you have any idea how utterly monopolized the world is and that crypto is literally the only means our generation can overcome wageslavery?

And it isn’t even a lot of money. $10MM will be $1MM in a few years.