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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54460878 No.54460878 [Reply] [Original]

>only $143,400 in cash, $13,800 in a mutual fund, and a measly $2,200 in crypto
>everyone else my age made hundreds of thousands of even millions in the past 3 years of the golden bullrun in stocks, crypto, and housing

>> No.54460981
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54460981

>>54460878
You're supposed to have 143,400 in crypto and 2,200 in cash. You have the tools but you're not doing the job. You're not NGMI at that rate

>> No.54461394

nice bait bro

>> No.54461450 [DELETED] 

>>54460878
You should buy rats and moon with biz

>born on 4chan
>>54412521

>Arbitrum token with novel mechanics
>An epoch lasts 24 hours
>When you buy, you get bonus RATS based on your Power
>Power increases when you buy in different epochs
>When you sell, your Power resets to 0.

Examples:
>You've been buying RATS for the past 4 days
>Your Power is 3 (you start with 0)
>You buy 100k RATS
>Total amount you get: 100k * 1.1 ** 3 = 133,1k RATS

That ** shit is exponentiation. It means your bonus grows exponentially every day:
>day 1 - 10%
>day 5 - 61%
>day 10 - 159%

But if you sell just a few RATS your Power will go to 0.

All inflationary projects die because there are some early whales that keep their principal and sell newly minted tokens. RATS is unique because once a whale sells any amount of RATS, he basically has to start from the beginning.

Essentially the game is about the balance between Greed and Fear. Should you wait one more day and see your bonus increase exponentially, or should you sell now?

>RATS is launching in an hour.
>Initial Supply: 100,000,000 RATS
>Dev fee: 5%
>LP fee: 2.5% (goes back to the LP pool).
>Liquidity is locked
>Exchange: Balancer

>> No.54461813
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54461813

my mutual funds have been under performing. I am losing money

>> No.54463984

>>54460878
Humblebrag. Many anons have fuck all

>> No.54464111
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54464111

>19 years old
>only $2.4 million networth

>> No.54464136

>>54464111
Check 'em demoralization faggot.

>> No.54465147

>>54463984
Anything under ~600k is fuck all in 2023

>> No.54465540

>>54460878
>$143,400 in cash
Are you retarded? Not even in a bond/t-bill ladder? There's a difference between 'being conservative with your money' and just leaving free gains on the table.

>> No.54465563

>22 years old
>only made 550k last month
>on track for a measly 300k this week
>net worth fell below 8 figures yesterday

just kill me bros