/biz/ - Business & Finance

[Anonymous No.54164700]

>be me
>hold 200k cash waiting for bottom
>fed niggers keep printing money making my 200k worth less and less
I'm this close to kms

[Anonymous No.54164732]

>>54164700
Same, but 100K. It made me mad enough to get rid of all my cash all together. I no longer use cash or banks. I'm all in on cash-like securities that I can safely say I actually own, through my brokerage account where I've now sent all my direct deposits.

[Anonymous No.54164737]

Zero stocks, zero bonds, no crypto, no funds/ETFs, no gold? All cash?

[Anonymous No.54164743]

>>54164732
$100k here too.

[Anonymous No.54164750]

why didn't you buy the bottom
are you stupid?

[Anonymous No.54164753]

>>54164700
just buy bitcoin you retard

[Anonymous No.54164755]

>>54164732
can you explain this to me like I'm retarded
like literally how do you pay for every day things with this set-up

[Anonymous No.54164777]

>>54164737
Yes
>>54164750
How the fuck can I time the bottom?
>>54164753
Why

[Anonymous No.54164811]

12k btc will come this year... 9k if it gets really bad.

[Anonymous No.54164843]

>>54164777
>How the fuck can I time the bottom?
common sense

[Anonymous No.54164962]

>>54164777
>Why
Retard

[Anonymous No.54164978]

>>54164755

My T-Bills are stacked to mature whenever my bills are due. As soon as they mature they are converted to cash. This cash gets swept into my core position (((FDIC insured bank))) but it is not there for long. I do not want them to have my money for any longer than it is necessary to pay a bill, withdraw it to an ATM, etc.

If you don't hold USD in your hand someone else is playing with it. If you don't hold it you don't own it is absolutely true for both crypto... and fiat.

>How do you pay for everyday things
I put everything on my AmEx Platinum and score free flights around the world.

[Anonymous No.54165010]

>>54164978
*Whenever my bills are due

By that I mean rent or credit card bill, not tbill

Hope that makes sense. I'm doing all this shit out of principle. You don't have to do it, I just hate banks so much it's unreal right now.

[Anonymous No.54165915]

>>54164700

$200k would net you $2k a day via drip network I legit quit my job with only 15k invested in drip.

Don't miss out on the biggest chance of a century to make it via Defi Drip network is Legit and all you brainlets are sleeping on it.

[Anonymous No.54166012]

>>54164777
>I was holding out for the bottom
>how the fuck can I time the bottom?
maybe just DCA next time lol

[Anonymous No.54166174]

>>54164700
you should have been buying something anon :\

[Anonymous No.54168024]

>>54164700
Its not stopped printing money in the last 100 years its just going to continue to print money until its worthless.

[Anonymous No.54168494]

>waiting for your money to rot
if you believed btc was gonna go down, why not put it into a 1x leverage short?

[Anonymous No.54168717]

>>54164700
Then invest it on bitcoin and altcoin

[Anonymous No.54168745]

>>54165915
sure buddy

[Anonymous No.54168777]

>>54164700
T bills would pay you almost $1,000 a month guaranteed, I'm in the same shoes as you. Stop being greedy, advice I will eventually accept as well.

[Anonymous No.54168786]

>>54164700
be happy. you can buy (almost) half of a starter home in a mid-tier area

[Anonymous No.54169295]

>>54164737
And no Nfts?

[Anonymous No.54170657]

>>54164700
I sold my stocks and 90% of crypto when btc first hit 50k and haven't bought back in. Im in cash, real estate, precious metals and some treasuries and short term deposits. I was expecting stocks and btc to go down at least 30% more. But if they just print more and more making our cash worthless and forcing people to invest to avoid inflation... No idea what will happen, suddenly everyone is so bullish maybe that's what they want...

[Anonymous No.54170859]

>>54164700
wouldn't worry about it dude, everyone is losing money all over the place.
tons of people in my country are losing vast amounts as housing tanks.

[Anonymous No.54170900]

EVERYTHING BURNS

[Anonymous No.54171012]

>>54164700
>>I held 200k cash waiting for bottom
>>54164777
>How the fuck can I time the bottom?

Take your meds

It's not about "timing", anyway, that implies you have to guess in advance. It's about nooooticing when it comes, and you had literally months. Any time from FTX collapse until January would have been fine. If you thought it would go lower after FTX then you were a straight brainlet. Before FTX it might well have stayed in that 20k range, or might have bled more, hard to say. That would have been an acceptable point to ape back in as well.

But once FTX died, that was OBVIOUSLY the bottom. If you don't think you can read these things then don't try, just get in.

[Anonymous No.54171126]

>>54164700
You missed the bottom on mex and utk You must be a faggot.

[Anonymous No.54172332]

>>54164700
Alts are yet to pump OP. Don't miss it.
VRA, TSUKA, OP, ORE.

[Anonymous No.54172451]

>>54171012
FTX did me dirty

[Anonymous No.54173038]

>>54164700
Hold 5% CDS and gold. If the crash comes it's not a big deal to take the penalty. Also ibonds.

Or start investing $2500 / month and just keep doing that. If deeper lows come you will still be ready.

[Anonymous No.54173047]

>>54164700
You should have moved the cash to Multiversx ecosystem and earth from its passive income opportunities,jeet.

[Anonymous No.54173642]

>>54164737
An example of a faggot

[Anonymous No.54173672]

>>54164700
This is why people buy metals
Cash is objectively worthless

[Anonymous No.54173706]

>>54164700
just burn all your money. then your former money would be worth a bit more

[Anonymous No.54174129]

>>54170900
The only burn that I know of is that of utk and mex

[Anonymous No.54176777]

>>54164700
Swap to crypto retard, it's a no brainer. There are also earning opportunities to explore like the 20% yield I get for staking Egld and Ride on Maiar