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/biz/ - Business & Finance


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57791085 No.57791085 [Reply] [Original]

Does the average person on this board really have only a $10k net worth?

>> No.57791097

>>57791085
Who cares? Everyone larps here anyways.

>> No.57791101

>>57791085
I'm 40x that.
Distribution is probably bimodal, lots of neets and very few who actually made it

>> No.57791110

>>57791085
Dunno I crossed 50k yesterday, wonder if I enter six figures this run.

>> No.57791115

>>57791085
Most Americans don't even have 5k in savings. You're delusional to think most on this board don't only have a few thousands at stake AT BEST. Everyone is LARPing saying otherwise.

>> No.57791127

All the oldfags who yolod their money into crypto back in 2013-2014 have long left
Its just retards who never fully bought into crypto and pajeets left

>> No.57791131

>>57791085
I’m close to -$300K

>> No.57791158

i live with my parents and have just over 400k usd in link
just give me a 3x and im out

>> No.57791162

>>57791085
Here you go Mr Dataminer, zero debt
$115k retirement 401k
$65k in crypto
$15k in stocks
$11k in t bills
Don't count car or possessions as a part of nw

>> No.57791183

>>57791162
>he has more in 401k than his own portfolio

>> No.57791246

>>57791085
$10k honestly sounds a tad generous
>>57791097
I never larp, complete waste of time and never funny

>> No.57791309

Use the oldest rule on this site.

Pics or it didn't happen.

>> No.57791346

>>57791085
I expect the average balance to be much higher.
And the median much lower, dragged by the throng of brokies unironically trying to use /biz/ to get rich.

>> No.57791383

$900k in crypto(mainly eth)
$200k in nvda
$300k in boomer stocks

>> No.57791524

i've got like 20k in 401k, i took out half as a loan to get btc a while ago though paying it back just goes back into that account
50k in btc (was 20k fiat + 401k up just under double)
only debt is like 10k CC debt I rotate through 0 apr balance transfers + car payment
didn't really start making money till like 2021 and was a neet for like 7 years prior so i'm pretty happy with it back then I had like 30k CC debt I had to pay off that had interest...
expecting to get to 6 figures this run at least.

>> No.57791582

>>57791085
I wish I had $10k right now

>> No.57791596

>>57791085
there's 10 of us here
and me having a networth of $3M alrready brings that figure above 10k

>> No.57791610

>>57791085

wait you guys get 5 digits?

>> No.57791653

>>57791085
hello dataminer

25 year old work part time

roughly 100k nw, down from like 250k a peak a couple years ago

>> No.57791898

>>57791653
I'm a 23 year old with only 7 digit nw, what should I ape in this bullrun if I want to make it?

>> No.57791954

>>57791183
Most people do because it's tax-advantaged.

>> No.57791972

I went back to my mum's house because rent takes off me a lot. I don't have sex anyways

>> No.57791975

>>57791954
Im Swedish so i have no idea how 401k works
How much on average is put into your regular savings vs 401k?

>> No.57792007

>>57791085
yes IRS, i only have like a few thousands i put in meme coins and lost it all i definitely don't have 6 figures in bitcoin so rest easy

>> No.57792359

>>57791127
>"... have left" - in reference to 4chan
No they didn't.

>> No.57793074

>>57792359
Correct. We all float down here.

>> No.57794045

>>57791972
thats a good financial decision
but now that are living back home again everybody else knows it too

>> No.57794530
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57794530

I wanna buy 10k of Satoshisync alone.

I got 5 alts and BTC on my wallet. Guess how much for each.

>> No.57795133

>>57791898
Go invest in rope and some arsenic gay vapid loser.

>> No.57795518

I have NIGGER FAGGOT JEW amount of dollars

>> No.57795546

>>57791085
It's probably a lot less.

>> No.57795578

>>57791085
Probably. I'm not doing much better than that and I wasted my 20s doing drugs and partying. I also mined about 350 bitcoin in 2009 and sold them all for pennies on the dollar to buy ecstasy and coke.

>> No.57795613

>>57791085
honestly 31 years old 2k in a roth. just started contributing it to it two months ago. it's a start because i wasted my 20s pretty much entirely. probably ngmi.

>> No.57795826
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57795826

>>57791085
Well, i have about 2 btc, 4k in etch, 400 in vinu (tho since it went up by 25 now it's probably 500), a gaming pc, my apartment, my tv, bed, microwave, etc
Not even mentioning my action figures and consoles
I'm pretty sure i'm over 10k easily

>> No.57795892

>>57791085
My net worth is -146k USD :v)

>> No.57796005

>>57791596
You underestimate the thousands of jeets here with $5nw

>> No.57796923

I had a $250k net worth in 2021 and now have a negative $10k net worth. I gave up on crypto because real life became too challenging for me to invest time into it. I just lurk /biz/ occasionally, but this place has turned into curry central. Crypto as a technology feels like it will never be accepted or understood by society. I don’t even know why we’re pumping right now.

>> No.57797111

>>57791975
401k contributions are capped per year near ~25kusd i think but have better tax advantages (you can contribute before tax and only are taxed when you withdraw (from the account, not selling stock)) than roth or other investment methods
the normie advice is "max your 401k" which really isn't a bad idea for 95% of people

>> No.57797126

>>57796923
wtf happened bro, did you day trade it away?

>> No.57797154

>>57791085
My networth just hit 300k at 28yrs old all because I go on a racist cabinetry review forum.

Lmao. LOL even

>> No.57797162

>>57791085
about 3 mil in indoor shrimp farming

>> No.57797169

>>57791162
you fucked up, 401gay

>> No.57797188
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57797188

>>57797154
I unironically think about dust-bowl era farmers trying to comprehend our current monetary policy and society when I read shit like this. Even if you're LARPing there are a lot of people in this situation.
Would they even understand? How could they? Would it just seem like magic?

>> No.57797192

>>57791085
I have 600k in debt at 3% 30yr note, 200k in debt at 7% 30yr note, 100k in debt at 8.5% 10yr note. My assets include a 1.3M house a couple cars, about 200k in stock for the tech company I work for, and about 200k in crypto - mostly eth but with like 20k of the original dogbat. I feel like I am drowning servicing the debt because I also have a family to feed and give a good lifesyle too but I don't want to sell the crypto as I've owned it since literally forever and the tech stock equity is mostly unvested for 5yrs, my salary is about 200k and i feel like I am drowning because of my families lifestyle and I have also cannibalized about 200k of crypto just to live as I used to have more. help

>> No.57797215

>>57791085
1 figure hell here.
7,45€
All-in internet computer

>> No.57797228

>>57791085
I have now around 590k net worth. Not a lot desu. I need at least triple that so I can afford a GF.

>> No.57797288

>>57796923
You got lucky on a meme coin and it crashed back to its actual worth. What did you expect?

>> No.57797644

>>57791085
200k in stocks (All in msft)
130k in crypto
60k in hisa
I mog u all financially

>> No.57797680

>>57797644
200k all in microsoft extremely based.

>> No.57797702

>>57796923
>I had a $250k net worth in 2021 and now have a negative $10k net worth
Most of my 2021 microcaps went to nothing but thankfully I wasn't retarded enough to stuff my portfolio full of nothing but them so I'm actually up from 2021

>> No.57797710

>>57791246
>complete waste of time and never funny
how would you know? you never larp.

>> No.57797743

I actually owe $65,000 and only have $24000 in crypto. So my net worth is really -$40,000.

>> No.57797748

>>57791101
Lying broke ass fag.
Y'all better tell the truth so we can go back to the days when we had lots of freebies on biz!
Done my part by telling you that there's an ongoing challenge to win 1BTC if you can predict the price of BTC at halving. I know some biztards are smart asses even though they're broke. Give it a shot.

>> No.57797762

>>57791085
I honestly wish I had 10k

>> No.57797768

>>57791085
I have roughly 2k

>> No.57797778

With this most recent pump I have 14k in meme coins alone kek

>> No.57797779

>>57797748

what challenge?

>> No.57797785
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57797785

>>57791085
Friendly reminder that net worth is a number under constant variation that's why its usefull to have tools like beoble to keep track of globalization of the markets and reach more precise signals

>> No.57798162
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57798162

>>57797779
It's the BTC price prediction challenge being sponsored by Nuklai

>Pic related

>> No.57798295

>>57791085
The average poster on here is closer to zero than they are to 10k

>> No.57798495

>>57797778
Meme coins? You're a poor fag then.
14k can easily turn to 1k

>> No.57798623

>>57798162
What are the requirements? Who really gives out 1BTC for free these days?

>> No.57798633

>>57797111
yes 95pct of people don't get rich.

>> No.57798644

>>57797192
pay off the 100k debt note as fast as possible. then the 200k debt note. do it within the next 4 years.

>> No.57798661

my net worth is around $126,000 at 26

i feel poor

>> No.57798678

>>57796923
>blows his bag up
>...crypto as a technology SUCKS guys...am I right?...please tell me it sucks... guys..?
kek, you're the curry nocoiner now

>> No.57799199

>>57798623
Just have a good read at this article. It should have an answer to all your questions.

https://twitter.com/NuklaiData/status/1760715244182073538?t=t3mjsjtretH6S7sw-TJtfw&s=19

>> No.57799601

>>57796923
it's luna isn't it?

>> No.57800237
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57800237

>>57791127
2013 fag who made it and is still here, for the lulz of course. I try to help anons randomly, but it inevitably falls on deaf ears. *shrug*

>> No.57800268 [DELETED] 

Can any anon help me with 700$ for university admission?

>> No.57800396

>>57797188
Unless they are children they would get it. They'd have lived through the wildly speculative 20s, seen proto-redditors in barrels in 1929 and witnessed the government pull all sorts of ridiculous levers to fix the economy.

If witnessed the dow rally like 100% in 1933 because the govt confiscated everyone's gold I wouldn't be that surprised by modern monetary policy and speculation.

>> No.57800454

>>57800237
What advice do you have then, bro

>> No.57800499

>>57800454
Ask a question and I'll sprinkle some sage

>> No.57800878

>>57800237
you just got lucky