/biz/ - Business & Finance

[Anonymous No.27108944]

>stuck in low 7 figure hell
>not even a multi-millionaire yet

[Anonymous No.27109351]

>>27108944
id stick it in AG and ETH if I where you (((not a loicenced investment advisor)))

[Anonymous No.27109627]

>can't stop watching the charts
>still not enough to retire, buy a house, etc
>stress is killing me, I can't sleep anymore
How long do I have to wait to be comfy?

[Anonymous No.27109720]

>>27109351
Already have tons of ETH, sticking with crypto for now so I'll skip AG
>>27109627
I know fren, it's hard. It's tempting to just buy a house now but I want to buy a nice house with enough left over to retire on comfortably.

[Anonymous No.27109762]

>>27108944
>doesn’t even have 69 gorillion dollaridoos
Why even exist

[Anonymous No.27110151]

>>27108944
Despite what a lot of the retards on here will say, a couple mil is enough to make it.

3 mil x 37% capitol gains tax (USA) = ~1.8 mil
1.8mil invested in safe retirement fund x 5% = 90,000 a year (Before taxes)

You'll want to work anyway as a hobby, sitting around doing nothing making no friends will make you a complete loser, so work 8-12 hours a week and keep your earnings a secret.

[Anonymous No.27110290]

>>27109720
Is this the hard part, fren? Is this the final test of our character?
I can afford an okayish home, and I can almost afford to retire (at ~$2.1M) but I can't afford both. I honestly believe that BTC will hit 100k+ and ETH will hit $7k+, but waiting is so hard.
In retrospect, the road from $5k to $40k was easy. The last month has been testing me hard. I lost 1.5 BTC by panic selling the bottom at 29k.

[Anonymous No.27110367]

>>27110151
You forgot about inflation.

[Anonymous No.27110378]

>>27108944
>mid 6 figure hell

[Anonymous No.27110400]

>>27108944
I am in the low 4 digits

[Anonymous No.27110407]

>>27110151
Yeah, I'm thinking 2.5-3 mil will be enough. I was thinking of starting a small business too, would give me something to do. I don't really want to work for somebody else even if I could quit whenever. Maybe an easy job that's only 8-12 hours a week could be fun though.

[Anonymous No.27110481]

>>27109627
You already have enough to buy a luxurious apartment in any big capital of the world or buy 2 or 3 big houses in a great suburb.

[Anonymous No.27110557]

>>27108944
>Low 6 figure hell
Link has been crabbing for weeks and im stuck in this hell but the worst part is my suffering has just begun

[Anonymous No.27110599]

>>27110367
Yeah Inflation will suck, Lets call in 5 mil, and you can buy that house and keep maybe half a million for further investing? The rest goes into a safe 5% retirement fund for ~100k a year.

[Anonymous No.27110610]

>>27108944
how did you do it? what did you start with, what positions did you take that made/lost money, etc

[Anonymous No.27110621]

>>27110290
That's how it feels. The final test after years of holding. Do we take the safe way out or risk it all? It's hard to tell people you're stressed about having over 1 million, but it really is a tense situation. Makes it hard to sleep knowing it could crash at any point.

[Anonymous No.27110626]

>>27109762
sell at 0.029

then buy when it reaches 0.03

[Anonymous No.27110725]

>>27110610
ETH and LINK were the big factors, along with some BTC and a bunch of random shitcoins (antshares, raiblocks, etc)

[Anonymous No.27110731]

>>27110557
Me too, fren. We'll hit 7 figure tartarus for sure this year though.

[Anonymous No.27110754]

>>27110400
Same. Literally only got my stimies to throw around, and wait around hoping for my business to boom. I have no other personal assets, and I don't want to throw around my business money (mid 5 figures) on stupid self-interest like crypto.

[Anonymous No.27110947]

>>27110725
*started with ~$10k in ETH, though probably put in around $30k more over time

[Anonymous No.27110971]

>>27110407
I'm running a business, it's very fun, it can be stressful too depending on if you do it alone, or if you bring the wrong people in. We hadn't gotten our project out there yet, but our 'investor' is is putting enough in that we need to hit 6 figures for them to basically break even on their investment. So I'm hoping for some big bux.

[Anonymous No.27111063]

>>27110621
Can relate. 4.5M nw, 3.9M in crypto. White knuckling until I hit 8 figures. I don't sleep much.

[Anonymous No.27111119]

>>27110481
>You already have enough to buy a luxurious apartment in any big capital of the world

Not enough for
Hong Kong
London
Low Angeles
Melbourne
New York City
Singapore
San Francisco
Sydney
Tokyo
Vancouver

You unironically need $3-5m for a luxury apartment in a top-tier city. With my 1.69m I could maybe afford a middle-class-boomer tier apartment.

[Anonymous No.27111238]

>>27111119
DUDE i just LOVE the hustle and bustle of the big city, it’s so DYNAMIC and makes me feel like i’m in one of my favourite TV SHOWS. you should totally come on down to my studio apartment, it’s got EXPOSED RED BRICK walls and everything, we can crack open a nice hoppy ipa or three and get crazy watching some cartoons on adult swim! and dude, dude, DUDE, we have GOTTA go down to the barcade- listen here, right, it’s a BAR where us ADULTS who do ADULTING can go DRINK. BUT!!!! it’s also an ARCADE like when we were kids, so we can play awesome VIDEO GAMES, without dumb kids bothering us. speaking of which megan and i have finally decided to tie the knot- literally -we’re both getting snipped tomorrow at the hospital, that way we can save money to spent more on ourselves and our FURBABIES. i’m fuckin JACKED man, i’m gonna SLAM this craft beer and pop open another one!!!

[Anonymous No.27111423]

>>27110621
>>27111063

I used to handle crashes like a chad, I'd just wait it out, didn't give a fuck throughout the low 6 figures
Now I can't take my eyes off of the charts
I'd really appreciate some advice from 8 figure bros right now

[Anonymous No.27111838]

>>27111238
Rural life isn't for everyone.

[Anonymous No.27111859]

>>27111423
I keep my folio simple. Mostly btc and eth plus a bit of dot, ada, and aave. The pumps are what keep me up all night. In this market when I sleep during a dump I usually to see it recovered.

[Anonymous No.27111907]

>>27111838
Have you tried it other than that one time you went over your uncles in the middle of bum-fuck nowhere?

[Anonymous No.27111945]

oh, you guys are talking about monopoly money. HAH!

[Anonymous No.27112169]

>>27111119
2 million dollar apartment in melbourne? why would you. Also body corporate fees would be ridiculous. Im a pov cunt. But when i get to 2 mill ill be able to live comfy on a farmlet somewhere. Living frugally comes naturally to me though

[Anonymous No.27112304]

>>27109627
What the fuck how?

[Anonymous No.27112317]

So did you guys sent your message yet or not? Very curious.

[Anonymous No.27112553]

>>27109627
>>27108944
I’m stuck in 6 figure hell and want to kill myself. Pls tell me I’ll be ok. 3 Million is my number. Plan to live conservatively in a nice suburb.

[Anonymous No.27112776]

>>27111907
I grew up in a suburb. Living in a dense city is quite nice as long as you don't have a nigger problem in your city and aren't poor. I already live in a luxury apartment that I'm renting just outside of the city, I could buy it for ~2M.

[Anonymous No.27113092]

>>27111859
What's your premise behind Ada and Aave?

[Anonymous No.27113267]

>>27112169
Not saying that I would. It's Osaka for me, but I would need to buy an investor visa too.

[Anonymous No.27114273]

>Only have $4400 in my bank
It hurts ;_;