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/biz/ - Business & Finance

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56310172 No.56310172 [Reply] [Original]

Finally hit 6 figures in my investment portfolio (100% crypto). Should I de-risk into stocks/ETFs or just stay into crypto until next bull run assuming it ever happens? All I want is $1.5M to live off dividends and quit waging for good

>> No.56310256

>>56310172

Your young. Stay in crypto. If your old forget it and de-risk into stocks and etf.

>> No.56310275
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56310275

>>56310172
>(100% crypto)
>next bull run
>$1.5M to live off dividends

Holy shit I forget how retarded the average /biz/ user is sometimes

>> No.56310289

>>56310275
what would an intelligent /biz/ user do?

>> No.56310306

>>56310172
There will never be another crypto bullring, the party's over. Everyone is so risk adverse that they're buying fucking t bills, why the fuck would people hop onto the pump n dump express in a time like this?

>> No.56310313

>>56310306
to buy low, sell high

>> No.56310348
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56310348

>>56310172
>"de-risk" into stocks/ETFs

You're 100% crypto and you still do not understand that the real risk is not being in crypto? You can wipe your ass with stocks/ETFs/real-estate/physicals. The gains on all of these boomer investment vehicles are shit and will never make you wealthy like cryptos can. They're designed that way. If you want to stay poor then just say so.

>> No.56310373

>>56310348
what do you think the chances are that this time is different? I can't imagine people stop wanting to gamble, especially given how hopeless things are for the average person in terms of buying a home, building a family, finding meaning etc

>> No.56311533

>>56310289
>intelligent /biz/ user
Oxymoron. If someone was intelligent they would not be here.

>> No.56311538

>>56311533
Where would they be?

>> No.56311575
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56311575

>>56310172
keep it in fart and cummies

>> No.56313162
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56313162

Congrats OP. Go get some beers or something, that's no small feat. Now I think you *should* de-risk yes but maybe keep some for crypto since you clearly understand how it works, at least for the most part. Maybe keep a stack of BTC (or ETH) and like 2 coins you like. My next year's choices are Kava (staking it on Kinetix is a solid choice too), Polkadot, and Aptos. Obviously you already got your picks but I'm just saying if you think you want something new etc. Good luck, keep doing good, you are on the good path.

>> No.56313178

>>56310172
Do whatever you see fit with your wealth. I'd just buy some real estate if all you're looking for is passive income

>> No.56313182

>>56310348
>implying there's ever going to be another crypto bull run
lol
lmao

>> No.56313188

>>56313162
I'd just play it safe and hold BTC/ETH exclusively. Why bother with shitcoins when your folio has already made it thus far

>> No.56313190

>>56310348
I reckon if you put a lot of money into it it's 100% safer than crypto. Absolutely. Only if you already got a ton of money. And six figs IS good money. Not a lot but it's really good.
>>56311575
Pedophile.

>> No.56313198

>>56313162
this
>>56313188
he specifically said you should keep a stack and get some alts (not shitcoins) because you never know when they'll rise up again massively. do not forget how sol became relevant again in a matter of days, for example. or the kaspa craze (that didn't last long but went against the tides very hard)

>> No.56313201

>>56311575
imagine destroying that delicious swede pussy hnhhhnnnnngngg

>> No.56313209

>>56310306
That's literally me. I don't wanna risk my money anymore bros

>> No.56313218

>>56313198
Fair enough. Do keep in mind the fact that SOL might dump substantially once FTX gets the greenlight to liquidate all of its assets though

>> No.56313231

>>56311538
>>>/r/eddit

>> No.56313236
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56313236

>>56313162
based.

>> No.56313285

>>56310348
thanks for the exit liquidity

>> No.56313677

>>56310172
Selling the bottom sounds like a great plan

>> No.56314973

>>56313162
>> Maybe keep a stack of BTC (or ETH) and like 2 coins you like.
I consider privacy token to be more relevant so two tokens to pick will be XMR and RAIL. At least they are building strong and have real use for privacy while preventing surveillance.

>> No.56315098

>>56310172
>> low 6 figures
>> thinks about trading the fastest horse for the half dead old horse (stock market)

>> No.56316147

>>56315098
>>56313677
actually not planning on selling my crypto (BTC/ETH/LINK). Was just thinking from now on dca-ing into high growth tech stocks like TSLA, NVDA, GOOG etc

>> No.56316160

>>56316147
high growth tech stocks are 30 year old and already absorbed maximum amounts of boomer money. you are just buying out the boomers buying these.

>> No.56316185

>>56316160
what would you suggest instead? Currently have ~$40k of BTC ~$40k of ETH ~$15k of LINK and ~$5k on a memecoin. I can invest $1k-2k/month.

>> No.56316758

>>56310348
this is the only person in this thread who's not 50

>> No.56316937
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56316937

I have 7 figs and 80% of my network in ETH. Should I take the tax hit and diversify 20% in index funds?

>> No.56317468

>>56316937
How many 7 figures? I wouldn't do this for anything less than $3MM, but if you're over $3MM and single/no kids yes it's time to diversify. I wouldn't necessarily just look at index funds, there is lots of opportunity. I'd look at blue chip tech stocks like Microsoft, Apple, etc. True, in a market downturn they'll get rekt, but they're not going anywhere and eventually are going to bounce back harder than everything else.

>> No.56317888

>>56316937
Why do you believe so much in ETH?