/biz/ - Business & Finance

>>53730588
Greed left uncontrolled is a very destructive force.
Being too greedy will cause bankruptcies and there are many examples of Linkpool's situation in the past.

You can make it in less than a decade with 20% or returns per year if you invest 20k a year and crypto delivers more than 50% of returns per year on a long time frame.
https://smartasset.com/investing/investment-calculator#0lNTUzC1KQ
With 20k per year invested for 10 years and a 20% return you can get 600k

The road to making it is slow and steady by showing proper respect for money.

>>53304237
You will unfortunately have to lose money at least one time to reduce your greed and get the ability to make money.
Losing money in the market is like paying for a lesson.

The rules of money never change.
Be wary of jews in everything and don't let them trick you and steal from you.

>>52909144

>>52899310
Sorry for your loss but you should not listen to anyone's advice here and not do extremely risky things like selling options when you have no clue what you are doing.

This market is manipulated to such a level I don't even want to trade it anymore.
Follow the trend with a clearly defined stop loss. Buy when others are buying and sell when they are selling.
This is the only advice I can offer you unfortunately.

>>52406222
Never give up and congratulations!
You paid the initiation fee to become a successful investor.
Everyone goes through an initial phase of losing everything in order to conquer their greed.
Learn from this and you will make it.

>>51393172
>>51393247
Capitalism is not a 0 sum game.
When you build something you add new value to the world.

>>50906690
You should not trust anyone from here.

>>50845490
Chainlink.
A high INT gives you a very strong negative bias for investments which will make you under-perform low IQ apes who just follow a system without trying to be smart.
To be successful you need to clean up your ego and be a healthy person.
Trading investing is like being a very high level sportsman.
You need to have a very good mindset and work each day to improve.

Never let greed blind you.
When you feel euphoric it's a time to take profits.

Also you should read Unscripted by MJ DeMarco and probably Toxic Parents by Susan Forward.

>>50717833
The most important part for investments is the mindset and to control your greed while hiding your wealth and to keep your ego in check.

You already got a lot of good advice here.
Another thing to keep in mind is that you may face existential dread when you realize you are free to do what you want, but don't know what it is.
Don't quit your blacksmith work until you are sure you found a better meaning to your life.
Try to take a 6 month/1 year vacation first to see how it goes.

>>50596110
Congratulations!
You have finally made your first big loss which sets you on the path to making it.
With some luck you ill recover half of your stack in half a year.
Don't trust scammers next time!

>>49386472
You will lose everything.
Investment is a real business and extremely difficult and not something you can do with no experience.
90% of the work is mindset and emotional rewiring.

As you are now you are naked in a storm waiting to be killed.

>>29692662
You should feel happiness for exorcising your extreme greed for such a cheap price.
You can finally have a fresh start on a healthy basis.

>>29407458
Here this is everything you need.
Good luck!

>>28490366
Learn to control your emotions and greed.

>>28351275

>>28191156

>>26525836
Prepare for divorce and go see a lawyer as soon as possible.

>>25988000

>>25977089
Congratulations on your first step to making it!
What did you learn from this mistake?
Never stop going forward, trying out new things and learning from your mistakes and you will be in a quickly better place.

>>25979135
Being smart doesn't make you wise.
It actually makes you easier to scam because you think that you are already smart enough to understand everything.
You have to first give up on being the best and deriving your sense of worth from being right and smart.
To make it from trading you have to accept that the only way to learn and make money is by being wrong very often and you have to act quickly on your mistakes and learn from them.
You have to let go of your extreme greed and learn to have complete control of your emotion to be able compete with a psychopath.
Learn to understand how people act on their emotions and to profit from it.

>>25959981
You should learn to not take extremely risky trades in the future.

>>25851464
The rules to make it never changed since humanity existed.

>>25560039
Congratulations! You did the first step on your path to making it.
You have to fail at least once and learn to not let your emotions cause mistakes, if you want to learn how to make it.
You can repay him by accepting your failure and doing your best to always learn from all your mistakes and to never stop trying new things and improving.
You can learn much more from your mistakes than from your successes.
If you want to become the best version of yourself embrace failures and be happy when you find something you can improve.

In a few years you will look back on this and realize how cheap this lesson was and that it was worth the price, because what you gained from this experience can't be bought from a normal education system.