/biz/ - Business & Finance

>>59020757
When you're actually in REAL 8 figs (ie above 20M) you start to want to do 8fig things which you can't do if your money is in a highly volatile internet money that can lose over 50% of its value in a week. Sure you can get an ELOC but the interest is insane and if you get margin called you can lose everything you have tied to that ELOC.

Meanwhile in real (fiat) currency, you can pull down a small rate of return that more than covers your day to day expenses, and you don't have to worry about conversion costs to do 8fig things like buy a mansion, build a mansion, buy a boat, build a boat, start a rocket company, etc. And you can sleep easier at night.

Finally, most people don't really understand inflation so they see number stay the same, whew, good job me, and they see prices go up, they don't panic as much they just get mad at the government or whoever the TV tells them to be upset with.

Only the most supreme of autists will live like a broke loser holding 8figs worth of crypto selling sats piecemeal to stay alive because they honestly believe the fiat collapse is coming any day now and they want to be ready.

>>59000793
>how are you sending PMs to someone?
By mail. That's how it worked before and it worked flawlessly.

Under no circumstances should you post ANY MEMES OK

>>57018196
>>57018236

New thread:
>>57018080
>>57018080
>>57018080

Anyone have an updated version of this?

>>56838558
guy should step away from the keyboards and actually spend some time on the exercise bike in the background.

>>56706357
For gains? No. For preservation of wealth? Yes.

>authentic information about silver

>>56664156
Lies.

>>56639653
I'll dump everything else I got. Better than seeing "40% topkek" retard posters.

PAPER GOES TO ZERO
PAPER GOES TO ZERO
INSIDERS ALREADY DE-DOLLERING THEMSELVES
AND QUIETLY LEAVING THE SINKING SHIP

>>56456973

>>56429115
>>56429331

>>55597022
I don't need to. All the computer components that crypto needs to function require PMs to be manufactured. Just cut in line and buy gold and silver and skip the shitcoins.

>>55287680
It's only a prank if you're not stacking silver.

**Real thread**
>>55147652
>>55147652
>>55147652
**Real thread**

>>54780614
>It's because I've studied it that I know that.
>Only names one fiat hyperinflated currency
Then you haven't studied enough. Go back and hit the books again if you're that unsure about purchasing precious metals. History will rhyme again with the dollar as there hasn't been ONE fiat currency in world history that never (hyper)inflated itself away.
>If the world starts burning, holding silver becomes a liability
Then just buy gold, small gold at that. Premiums will suck but it'll be easier to split up your stack or use it as a barter in that situation.
>Idk how you people think you can make it through a collapse scenario and just remain where you are
You clearly haven't lurked enough. Most here are already ready with other stacks to steady their situation should shit pop off. Or have a plan to GTFO of their current location.
Go back to the drawing board newfag.