/biz/ - Business & Finance

[Anonymous No.24317615]

high 5/low 6 figures is hell. you have somewhat of a sizeable stack in which you can't afford to take risks and gamble it all away on shitcoins, but you won't have enough to retire if you put it into safe picks when it moons.

[Anonymous No.24317635]

I'm in the low 6 figure hell. My stack of chainlink keeps hovering 650k usd. It's not enough to retire I hate my fucking job ahhhhhhh

[Anonymous No.24317646]

>>24317635
i feel you

[Anonymous No.24317685]

>>24317615
Yep I'm in the low 2 figure zone. Struggling between buying meme coins and my phone bill

[Anonymous No.24317750]

around $550-600k (it can fluctuate 50k in a day at the moment)

I probably should zoom out. I had $15k in 2018. I need a 4x from here

[Jannies... Why? No.24317771]

is this binance?

[Anonymous No.24317832]

I disagree. $40K to $2.3M in 2017-18, held most of it and made some moves, plan on going way higher this time around.

It all depends on your choices.

[Anonymous No.24317871]

I got a job recently anyone have any coins worth investing in? I would be happy getting to the 6 digit range

[Anonymous No.24317884]

>>24317685
This nigga makin twenty bucks a year lol

[Anonymous No.24317889]

>>24317615

100k in Bitcoin right now is an easy 5x, and likely a 10x IMO.

If you can't retire on 1 million USD, I dunno what to tell ya.

[Anonymous No.24317911]

>>24317889
Easiest way to lose money fast. It's gonna double down next tuesday when news of overfilled hospitals and people giving their grandparents Coronavirus over thanksgiving hits.

[Anonymous No.24318010]

>>24317911
This. Sell out of stocks ASAP, get ready to sell everything else in a week or two. Rebuy in a month or early next year.

[Anonymous No.24318244]

>>24317615
50% bitcoin
20-25% ETH
10-15% LINK
2-3% LTC/XRP
The rest in random shit coins that will either wither out or 1000x

[Anonymous No.24318261]

>>24317884
Fuckin kek

[Anonymous No.24318295]

>>24317871
Not gonna lie look into dusk. The binance bots are accumulating over this month..

[Anonymous No.24318334]

>>24317911
>>24318010
Nope. Priced in. It’s only up from here

[Anonymous No.24318351]

>>24317615
this is my situation. all chainlink too so its even worse.

[Anonymous No.24318366]

>>24317750
Not bad at all, cash out and invest it in my start up plox

[Anonymous No.24318379]

>>24317832
Survivor bias.
Even if you made very smart choices there was a ton of luck involved. You 50x'd your money. If you consistently could even just 2x your money over 2 years then you would be performing better than almost all hedge funds in the world. So many oldfags end up giving terrible advice to newfags because they don't realize just how much fortune/ luck/ unique circumstances was involved in their insane returns.


t. turned nothing into 7 figures too

[Anonymous No.24318453]

>>24317635
>low 6 figure
>650k

[Anonymous No.24318473]

>>24318379
Do you have any good oldfag advice?

[Anonymous No.24318506]

>>24317615

Pick safe coins and use low leverage. As long as you have a good entry, you are unlikely to get liquidated.

[Anonymous No.24318565]

>>24318379
Yeah I got to 240x my money in 2017 and it was all luck. I found a broken trading strategy that let me trade 500 bucks to 30k in a couple months. It stopped working then I went all in on xlm randomly right before it mooned and got to 120k just like that. Then I lost most of it when luck ran out. I'm not a complete poor fag anymore but still still need a 20x this bullrun to hit my goal

[Anonymous No.24318721]

>>24318473
I know it's not what people want to hear, but my "advice" is that the vast majority of people who have made insane returns from crypto very very lucky in one way or another. There's no easy recipe for consistently making huge returns. Most people who got into crypto early weren't smarter than you. They were just at the right place at the right time, e.g. they bought drugs with Bitcoin very early, browsed /g/, were interested in technology a 7 years ago and mined some crypto for fun etc.
Just because lots of people made enormeous returns from crypto in the past does not mean that crypto will keep generating enormeous returns. The 'I made $5MM from an initial investment of $5k, you can easily do it too if you just wait, bro' meme is very appealing but it's just not good/ realistic advice.. Pure survivorship bias.
It's obviously fine to have some money in crypto if you really believe in it (I do too) but don't delude yourself into thinking it's a sure thing.

[Anonymous No.24318807]

>>24318721
If you really want to /make it/ you should mainly focus on things you can control. Start a business (I did), get a useful education, learn to code etc.
You can still dream about making it from crypto, but it should be your plan B not your plan A.

[Anonymous No.24318877]

>>24317615
Hell? My net worth is 2000$. You don't know what hell is. Even went to college to get a lab tech degree for STEM, but the chink flu fucked that up and ruined my internship(payed for fucks sake) and now I can't even find a pizza delivery job. Now I look at graphs all day with almost nothing to show for it...

[Anonymous No.24319030]

>>24317635
Just retire in the Philippines or the Balkans or something

[Anonymous No.24319720]

I've hood some majors, BTC, eth, ChainLink. Then I have big bags in low cap gems, $ALBT $BASE $IOV. Those are the 3 I expect to make me rich

[Anonymous No.24319746]

Currently hovering around 100k. Gonna be so fucking rich this bullrun.

[Anonymous No.24319794]

I think you should look into iov pretty solid investment plan sure to at least 2x your money

[Anonymous No.24319892]

>>24317615
I’d be so comfy clearing 750-900k I’d fucking put that money to WORK. I know I’ll get there