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/biz/ - Business & Finance


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9871260 No.9871260 [Reply] [Original]

I didn't sell because fuck a Lambo, i wanted to
retire.

Now i won't retire anytime soon nor drive around a Lambo.

Such is life.

>> No.9871304

>>9871260
Greed that's why
And I'd do it again because I haven't learned anything

>> No.9871312

>>9871260
But i did? And i will rebuy as soon as we brake 6k or brake 7k

>> No.9871322

>>9871260
Same reason as you. $50k doesn't change my life. I don't need a new car.

>> No.9871327

>>9871312

Good job.
Follow up question: Why are you still on biz and not traveling the world?

>> No.9871330

>>9871304
>Greed that's why
>And I'd do it again because I haven't learned anything

Same here. I could have retired, just about. Comfortably.

But I fell for the 7-figures meme, greedy as fuck.

I even made half of it back in April, but again didn't sell.

Delusional, greedy, emotional faggot. This is why I'm poor, and always will be.

>> No.9871343

>>9871260
I did. Took out my seed money and even if crypto goes to 0 I’m still even. More or less.

>> No.9871347

>>9871260
didn't have any bank account to cash out to, and fell for the tether and exchanges fud

>> No.9871372
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9871372

>>9871322

Why is so much money needed today to live a non-normie life?
50k USD used to be enough to buy a humble place and live humble.
Now we need millions. Fuck the globalists fucks and fuck inflation and fuck everything.
It's so so hard getting anywhere other than normie 9-17 grinding & the debt carousel.

>> No.9871391

Lambo. WTF???? Cheese ass mother fuckers. No wonder you need money to get laid.

>> No.9871477

>>9871260
Greed, stupidity, lack of experience, FOMO...
I need 80k by end of year so bad.
I hope it'll be ok by end of next year...

I just don't want to take a loan or something else that would result in hell in case it doesn't work out.

>> No.9871528
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9871528

my first and only investment at the time was $1000 I put in pic related on Coinexchange. price 20x'd but on Kucoin it 25x'd, so I wanted to move my funds to cuckcoin and sell for even better price. but apparantly coinex network was shit and it took weeks to move coins out, so I figured fuck it i'll just hodl till it goes higher. then I bought even more coins thanks to the hype, and now im bagholding when I could've made $19k profit from a $1000 investment

>> No.9871617

>>9871260
Started with 30k over a year ago. ATH almost 700K in January, wanted a million, that's why. Still up 300% or so so whatever (140k now), I will hold to zero or million, that was my goal from the start. But yeah it's greed, first goal was 100k, 200k, 1MM, first I wanted new apartment, then nice house outside city, then big house in Switzerland, well it's in human nature, more and more, never enough. Meditation doesnt help, I still want more.

>> No.9871731

>>9871372
you still can do that, kind of. Lots are fkin expensive but you can find rural 1/3 acre lots for $15000. A studio 1 bath house can be built for about $30-50k if you contract it out yourself.
but trying to live anywhere near civilization is stupid expensive, thanks to boomer land hoarders

>> No.9871791

>>9871327
4chan is life and will always be life
/biz/ made me rich, why would i betray you?

Travel the world is idiotic as fuck. Reinvest your money and diversify your assets and once you can live off your monthly rendite, then you can travel.

Obviously i haven't made it yet.

>> No.9871813

so you think people next time it moons? they won't. imagine btc getting at 40k. everyone will say it's going to 100k and hold.

>> No.9871907

>>9871260
$180k ATH in January. I also didn't sell because it's obviously nowhere near enough to retire on. Now I am below $36k.

>> No.9872171

>>9871347

funds are sayfu

>> No.9872229

>>9871731
Bro i live in central florida and fenced in land is $1,000 per acre. I bought my 5 acre property already fenced in and with electric running to it for 5k

>> No.9872262

>>9871330
I think you will make it next time.

>> No.9872328

>>9871731
and studio 1 bath house for $50k??? are you insane?

I bought my brand new 2017 1300sq ft 2 bed 2 bath manufactured home for $30k.

I asked for it barebone minimum so I saved a shit ton of money and put the tile, hardwood, cabinets, sink, etc. in myself

>> No.9872368

>>9871907
$50k from $6k. DCA'd all the way down. Now $7k from $16k. Kek.

>> No.9872378

>>9871260
>>9871304
>>9871330

Right here. When I had enough money for a bmw, I wanted a lambo. Once it went up for a lambo, I thought well its stupid to cash out to only get one lambo, and I'm not gonna park it at my parents shack. Now I wanted a house. Once I got enough for a house (in Canada, land of million dollar shitshacks), I thought - well shit, if I cash out now I'll have to pay a ton of taxes (the only non retarded realization I had), so I might as well hold more so that taxes won't really matter as the gains would be so great. So I waited, and it kept going up and up, I thought if I sell now I would have the car and the house but would still have to wagecuck so little time to enjoy it. And then the marked got Bogged.

>> No.9872464

>>9872378

So you wanted to wait more than 1 year for lower taxes right?

>> No.9872472

I didn't cash out anything in January.
Yeah its greed. Glad too see I'm not the only one.

I'm accepted that I will wagecuck for life.
Of course there is still a chance my bags will moon in a year or two.

>> No.9872519

>>9872464
Canada doesnt distinguish between short term and long term capital gains. Welcome to communism!

>> No.9872784

>>9871304
because crypto is the only way I can make it...
tethered up in January and then went all in on holo ICO, knew I should have sold when it went above 10x but I couldn't be bothered. Still can't be bothered selling now even though its going lower.

>> No.9872830

>>9871791
>rendite
Germanfag detected. Good job mate, I did the same. And I'll never leave 4chan even if I become a billionaire.

>> No.9872897

>>9872830
>>9871791
How are you germcucks handling the dump? You will be taxed out the ass is you don't hold for 1 year+ right?

>> No.9872939

>>9871260
I cashed out 480K. Still have 100K after the dip.

>> No.9872976

>>9872229
I saw a bunch of beautiful lots when I was living in Florida. Super affordable land. But then some zoning kikes insist that you can't build anything less than 1500-2500sq ft on it. I just wanted a cozy little affordable place, but they wouldnt' let me.

>> No.9873002

>>9871330
Same here. Was at around 325K and thought I'm only a third there. Thought I was going to be a millionaire.
Now only have 45K. Fuck.

>> No.9873071

>>9871260

ATH 150k, 18k now keep in my I get paid 600€/month for wakecucking. If I get down to 10k for me it means I ll never make it and I am buying a motocycle and go for a crazy reckless driving suicide mission

>> No.9873090

>>9872897
I'm swiss. Switzerland doesn't have any capital gains tax at all, so...

>> No.9873144

>>9873090
Which part?

>> No.9873166

I was greedy.

I should have sold, I had doubled what I put in.

Now I have less than when I started.

>> No.9873172

>started with 12k in 2016
>550k in jannuary
>830k end of april
>250k now

JUST

but yes.. greed fellas... fcking greed

>> No.9873236

>>9873144
switzerland has nationwide rules. we don't pay for gains but we must se how much money we got in total and pay a tax (0.5%) on that.

>> No.9873261

>>9873172
you think we go back up to 20k within this year?

>> No.9873593

>>9873236
No I mean which part of Switzerland are you from, was just wondering because I am visiting in Zurich in few weeks.

>> No.9873620

>>9871260
Tethered at 19k, might buy back at 1k. Crypto bubble is over guys, move on and learn to love flipping burgers for a while.

>> No.9874312
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9874312

>>9873620

>> No.9874417

>>9871260
I sold in December after holding for three years. You’re an idiot if you’re still holding or planning on buying back in. Crypto was a fad, like beanie babies.

>> No.9874442

>>9873261
>think we go back to 20k this year?

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHABABABAHAHAHHAHAHAHAHAHAHAHAHAH
*snap*