/biz/ - Business & Finance

I'm calling larp how the fuck did you go from 500k to 3k WTF

>>11393749

how the fuck did you manage to lose 99% of your portfolio

are u stupid

i guess im getting baited but did you go all in on bitconnect or what

get rekt idiot. lmao

>>11393765
even worse he went all in on REQTCONNECTTTTTTTTTTTTTTTTTT

>>11393762
Hi fren, thanks for replying. I made very big trading mistakes and got scammed half of my money. Main losses are from NANO, REQ and GNO. Thanks for at least replying fren, I appreciate your time

>>11393765
>>11393768
>>11393769
Hi frens, I know it is unbelievable but I have made big mistakes in my life.

Any suggestions on how to get out of this?

Also I don't really see the reason why I would larp my losses, I really get no benefit

>>11393774
Boy , today is my birthday and my wish is you are a larper.
Fuck you for ruining my b/day wish list !

>>11393807
I wish I was LARPing too, don't worry

>>11393800
well all you have left is to invest in LINKCONNECTTTTTTTTTTTTTTTTTTT

>>11393811
just make an account on bitmex and go 100x

>>11393819
I literally, cannot physically do that.

>>11393815
I cannot invest anymore, my finances are rekt

>>11393749
don't worry anon. if it makes you feel any better the world economy is going to collapse soon. end of time is coming. you won't have to suffer alone, we're all going to suffer with you

>>11393837
Thanks for the comfort. I'd rather my debts be wiped in this collapse than everyone else suffer. Thanks fren

>>11393844
i know it's easier said then done, but is it possible for you to just "start over"?

1. Go to the gym, get some cardio in, lift some weight, just to get some energy/confidence back

2. Work, work, work. Work as much as possible, but reward yourself a little on the weekend. Is there Uber where you're from? If so then drive Uber, great flexibity. Work as much as possible so that it'll keep you busy and your mind from going crazy thinking how hopeless things are.

3. Save as much as possible. Refinance your debt.

4. Dump all your savings in BTC and ETH every time the market crash. Go for some "win big or go home" shitcoins too like TRX

5. Cash out BTC @100K in 2021

Crypto might crippled you now, but it's still probably your best hope of getting it all back plus some in 2021

>>11393929


Thanks fren for the advice
>1. Go to the gym, get some cardio in, lift some weight, just to get some energy/confidence back
I can't really afford gym, so I'm trying my best to do situps/pushups at home.
>2. Work, work, work. Work as much as possible, but reward yourself a little on the weekend. Is there Uber where you're from? If so then drive Uber, great flexibity. Work as much as possible so that it'll keep you busy and your mind from going crazy thinking how hopeless things are.
My car is uninsured and I'm scared in crashing it. But I will soon take up Uber driving when I'm desperate.
>3. Save as much as possible. Refinance your debt.
That's what I'm doing now, I sold my crypto coins 30 mins ago
>4. Dump all your savings in BTC and ETH every time the market crash. Go for some "win big or go home" shitcoins too like TRX
Already sold my crypto coins literally 30 mins ago to refinance my debt
>5. Cash out BTC @100K in 2021
I wish :(
>Crypto might crippled you now, but it's still probably your best hope of getting it all back plus some in 2021

This is my hopium, hopefully I can pay off my debts and put the remainder into the BTC

Thanks again anon for the advice, I will try to implement them.

If you have BTC, don’t cash out. BTC doesn’t seem that good right now so tethering with a stopploss would be a good idea. Otherwise we will likely see 50-100k levels in the years to come

As for your finances, make an Excel sheet of your monthly income and then single out every single monthly expenditure. Subtract it all from the income, then figure out what you can cut down on to save each month.
Set up a payment plan to downpay any debt you have monthly and see how many months you would need to do this before it’s down to an acceptable level

>>11393979
That is assuming when you get income from work

>>11393979
Thanks for the tip, I'll start building one now.

Also I literally cashed out my last BTC to pay off my utilities 30 minutes ago

At this point my job is getting me 25,000 EURO a year after taxes, I may still have hope

>>11393749
If I had 500 000 euros.
I could live comfy on 1000 in my yuropoor country, for 41 years.
I think you were greedy.
and do that for 41 years,

>>11394006
But I'm getting laid off work in the next few months (I know that) but I'm hoping for a miracle that I don't. If I do lose that job it's over

>>11394013
wtf am I reading

>>11394013
I don't think you have ever lived where I live. Shit, food alone costs at least 100 euro a month, how can you live on 1,0000 a year?

Seriously, go fuck yourself dude.

>>11394031
>how can you live on 1,0000 a year?
1000*
Easy.

You're an idiot. If this story isn't made up, I'd seriously off myself.

>>11393749
Take out a loan and buy Nerva. You'll have your money back ten-fold in 1-2 months, easily.

>>11394031
You know you could have bought a house with that and then lived until you die? You fucking spaz? Lol.

>>11394015
Theres always the military before rock bottom.

Im in the same situation except on a smaller scale. € 500k is just stupid but hey, yolo. Start saving up again when you make 40% back you will forget about it.

>>11393749
Bitcoin was like 1800 dollars back in May, how the fuck do you lose 500k on something that is still about 3x the price it was when you bought? What are you an idiot?

>>11393975
>This is my hopium, hopefully I can pay off my debts and put the remainder into the BTC
Stop jumping on memecoins you stupid retard

same.. I went from 1.8mil to 200k
JUST KILL ME SENPAI
>fell for the bitmex leverage get rich quick scheme

>>11393749
It's not too late anon. 2900 euro will net you a nice 2.9 million EOY. Seize the opportunity, save your life, and you might save everything.

>>11393749
Frogposter btfo

>>11394110
I'm sorry for your loss. How you even live anymore?

>>11393824
You never did invest. All you did is gamble. I can't wait for all crypyos to fail so I see your story repeated 10000000x. All you guys had plenty of warnings from well intentioned people. Every time I made a thread explaining why cryptos are worthless you called me an idiot that doesn't understand technology. Like you there are millions perhaps with less of an obsessive gambling addiction. So even though you lost more than the average the principle is the same. Uneducated and a mental illeness that can't handle gambling. Don't worry about it. It's not your fault. You have no self control.

>>11394161
because hoping bitcoin to go to 100k
that and too much of a pussy to kill myself

>>11394179
You guys were right, I'm so sorry for not listening...

>>11394194
same here, too much of a pussy. let's hope we see that in our lifetime

>>11394118
I'm never touching LINK, sorry.

>>11394212
you have to hodl 2 more years i think

>>11394380
Never gonna make it

>>11393807
Its my birthday too, happy birthday anon.

>>11393749
That really sucks fren, can't imagine the depression

What country are you from?

>>11394456
Germany

>>11393762
this must be a larp.

>>11394470
I thought you had good tax laws there at least

Why did you invest so much? 500k is almost a retirement portfolio

>>11394493
I can tell you it's not, what do I gain out of LARPing a broke loser? I wish it was a LARP though.

>>11394498
500k here is nothing. Everyone is making this amount, the cost of living here is really high. I am considering moving to somewhere 3rd world when I save up enough money.

>>11394503
Hitler went from starving artist to greatest leader in the world. You'll make it eventually, anon.

>>11394380
>lost everything making one bad decision after another
>refuses to invest in LINK
Really tickles my pickle

>>11394514
Thanks fren, looks like there may be hope >:)

>lose everything gambling on magical internet money.
>oh my god, my life is ruined. How do I get out of this?
>bro, get more crypto. It's your best bet.
>go to the gym.
>join the military.
>take out a loan.

>>11394520
I can't even take out loans atm, and you're asking me to invest in LINK when 100% of my income is to go to servicing debts or buying oatmeal to survive.

>>11393749
this is what you get being greedy.
you are allready in the 1% and put half a milion at the top of the great ponzi?
where are you from to say 500K is nothing?
are you stupid in the face?

>>11394503
>500k here is nothing. Everyone is making this amount, the cost of living here is really high.
Now you are definitely larping
I'm from Northern Europe and nobody makes that much. It is like top 5% wealth if you are under 35

>>11394528
>Take any money you still have, put it in LINK in cold storage.
>Join military.
>Have fun killing sandniggers with friends.
>Return home to nice retirement stack from military and several million dollars from LINK.
It's that simple

>>11394537
join the islamic state. at this point it's your only chance

>>11394537
Have you even been to my country? Everyone has millions in savings, I think you're the one LARPing mister.

>>11394536
Explained this already.

>>11394558
everyone, LMAO. ja dude ive been in germany. I saw many wooden houses right outside of berlin. poorcucks in a few words. REQ, ayyy lmaoo

>>11394558
Lmao no they don't, post some statistics and you will see yourself

>>11394520
>>11394380
Überleg es Dir nochmal. LINK könnte Dein goldenes Ticket sein, um alles rückgängig zu machen. Do your own research!

>>11394572
>Überleg es Dir nochmal. LINK könnte Dein goldenes Ticket sein, um alles rückgängig zu machen. Do your own research!

ich habe kein Geld...


I literally can't buy anything, even if I wanted to

>>11393749
come to bulgaria and I will be your fren, don't pay a cent in tax

>>11394580
Sorry, didn't see your post. Fuck.

>>11394380
Gormless scamee not guillible enough for stinkies.
DAMN!

>>11393749
i hear you.

come to laos, cambodia, vietnam and start a small business with a foodcart selling food from wherever you are from. work hard and people will embrace it and you will be back afloat sooner than you think.

here nobody knows you, you will be just fine. i know a few people in your situation that got their life back on track like this

>>11394470

Oh man junge

Gerade als Deutscher nach Hyperinflation ,zig Währungsreformen und Euro solltest du wissen dass Dinge nur etwas wert sind wenn du sie in der Hand hältst.
Du bist nicht der erste der alles verliert. Meine Urgroßeltern waren Reichsmark-Millionäre und haben im 1. WK ihr gesamtes Gold gegen Kriegsanleihen eingetauscht...eine schlechte idee...hinzu kamen 2 Zwangshypotheken nach den WK jeweils...du bist also nicht der erste der alles verliert.

Reich wirst du nichtmehr, aber du kannst immernoch ein normales Leben haben. Hol dir ne Alte aus dem Ausland, mach deinen Job, tret einer Partei bei und leb gesund...so einfach ist das...keine Experimente mit Daytraden undso...das geht immer in die Hose.

>>11394593
How is profitable to start a business there. I got about 150k and want to move there? I was also considering Mexico or any Latin America country since I speak Spanish and Portuguese.

>>11394593
Sounds interesting, I might look into being a wage farmer in a 3rd world country for a while to get back on track.

>>11394596
>Hol dir ne Alte aus dem Ausland

:D Ich werde sehen
danke für die Information :)
Entschuldigung wegen deiner Großeltern :(

>>11394571
Median wealth is 50k and mean wealth 195k in Germany

>>11394631
Ok I admit it, I was greedy. You happy now?

>>11394586
Not even 10%?

>>11394586
:o How does that work?

>>11394635
No :( still sucks you lost it, lost pretty much myself too

>>11393749
Fake as fuck, real eurofags would write 500.000 not "500,000"

>>11394646
Sorry for getting angry at you, I just can't control my emotions much anymore. I think I might start going insane soon, thanks 4chan for talking to me, I feel a lot better.

>>11394625
Old money here. You are an NPC. come to terms with this fact ASAP. you dont have independent taughts or will/conscience. otherwise you would have realized all this Crypto coin/Blockchain is heading to the garbage dump after the pubble popped. i for example knew that investing in 2017 was already too late

>>11394648
Haha, thanks for the laugh. You have a point

>>11394648
yeah true.

>>11394653
Ok I am an NPC, so what now?

>>11393749
how the fuck did you get so much money in the first place being this retarded?

>>11394672
My parents gave them to me.

anon I can't help rn but I honestly hope things get better for you. I don't know you but I truly do wish you the best. I believe things happen for a reason and that there's something to learn out of all this, desu.

Think of it like this...you've already reached rock bottom, that's powerful dude. You know the pain, you know how much it hurts, you can take all of that and fuel it into something awesome. This could be the decisive moment that changed your life. Years from now you could look back and say: "I'm so happy I lost it all back then, it was a blessing in disguise."

Fuck, man. I know things seem bleak af rn but there's hope my dude. Your mindset makes you or breaks you. You'll fucking rise above like a phoenix. You'll make all the fucking money back and a shit ton more. I believe in you, anon.

>>11394666
now you have to get it in your dense skull that Chainlink will never moon for a whole list of facts. also you should get in Ponzis in the future BUT early on. thats how you make money. BTC turned into a ponzi by accident

>>11394635

I would buy DGTX. It is a token for a decentralized futuretrading exchange. It is kind of a cheaper version of bitmex. One of the reasons crypto is stagnating is because all these greedy fools started gambling on bitmex, instead of putting money in shitcoins. Bitmex trading volume is huge. You will need to buy the token to use digitex, and there are already 200k people in line for using this exchange. it already went up 20x the last couple of weeks, but I would not be surprised to see it go up another 4x

>>11394647
>>11394640
you germans are true drones

>>11394681
Thank you so much for the kind words anon. I will surely remember these words. I really want to have the charged hope and power that reflects through your words, and I will make a point to do that.

I'm trying to break out of my depressive state right now. I want to get my shit together, I know this is rock bottom. Thanks for bringing the sense back into me.

It just seems to bleak because I have no one, literally no one in the world that cares about me. At least here I am anonymous and can
rant on with my hearts desire. Thanks again, fren

>>11394684
Yeah I never believed in LINK anyway. Never touching it.

>>11394689
I literally can't invest in anything. I mean even if I try, I can't.
>>11394692
Haha! Interesting :P

>>11394651
I have the same problem, I'm making mistakes all the time now and my mood swings like I am a 14yo girl on her period

>>11394684

could you provide the lists of facts please?

>>11394699
Do you have techniques to control it anon?

>>11394692
Risking tax evasion charges is stupid

>>11393749
Ha ha you're not in a simulation bro everything is fine just apply yourself and try again tomorrow!

>>11394700
here we go again. keep puring money in a burst bubble and a currently collapsing ponzi

>>11394704
No, I think I just fucked up my job interview because of it as well.

Privatinsolvenz, fucker. Work it off in 7 years and start over. Shit happens, there is no easy way out now.

>>11394711

I am not puring my money into anything at this moment. Crypto and stocks are way to risky now. But this doesn't explain why link should fail. If the network is up and external data can be linked to smartcontracts, this could potentially be huge. And if the network is used the token price will go up accordingly.

moron sold the bottom. just f'n hold and wait for moon. weak hands deserve no comforting.

>>11394694
tell me some anon way to contact you, I'll be your friend.

>>11394675
Damn dude

>>11394675
wäre ich deine eltern würde ich dich postnatal abtreiben

>>11394446
Happy birthday fren !

>>11394712
Sorry to hear that anon. Hopefully we will both can find ways to stop it soon.

>>11394747
Why you do this to your family?

>>11394737
>wäre ich deine eltern würde ich dich postnatal abtreiben
:/

You mirror exactly what my parents say. Is that you dad?
>>11394733
Thanks fren for the offer Cranberry#8962

>>11394031
I laugh at your bad decisions.
Half a million euro down the drain?
Talk about bad management. LARP for sure.

>>11394754
is that kik or what anon?

>>11394759
Thanks.

>>11394777
See >>11394751

>>11394775
Hi that's Discord (if you have it)

>>11394759
A dude that is at peace with his own life wouldn't laugh at anon for his mistake.

>>11394782
sure man, I'll add you later on today.

>>11394793
Thanks fren, any time that is good for you. It's good to have someone to talk to :)

>>11394793
Thanks fren, always good to have someone to talk to and go through these difficult times

You should probably leave /biz/ and go to other boards instead. For your own good. Its clear you have a gambling problem and staying here will only worsen it

>>11394818
I literally have no more money to spend anyway

>>11394821
Gambling addicts cant help themselves. First money you get you will invest in some ponzi scheme shilled here. Leave for your own sake

>>11394675
Haha my parents gave me 2 apartments here in London and i still have them. sucks to lose so much on magical internet money.

allways invest in property.

dont worry, its a hard lesson.

You should also write a literal letter apologizing to family and never ask them for a cent ever again. Tell them what you are going to do differently.

>>11394824
Ok thanks for the tip, I think I might try not going on biz for a few days at least.

>>11394835
Yep

>>11394836
That is actually a legit idea anon, I will try writing that up tonight as well as an excel spreadsheet as my budget.

>>11394842
Write it by hand its more sincere

>>11394747
Hope so yeah

>>11394842
For the love of god, youre just a larper with a serious need for attention. HOW CAN SOMEONE LOSE *HALF A MILLION EUROS* i just dont buy it. Noone can be this brain dead

>>11394848
Thanks for the tip

>>11394909
Ok

>>11394754
lessons learned for both of you i guess. he should have sent you to school or something intead with that money.

>>11394936
It was a graduation gift from university. Looks like it didn't age well :( I will definitely learn my lesson, hopefully this is a cheaper lesson than what I will have later on in life.

>>11394503
Retard. I live off 7k EUR a year in Ireland, which is pretty similar to Germany in terms of cost of living. You could have very easily retired if you moved to a 3rd world country.

>>11395237
Not in dublin you dont. 7k is hslf a years rent in a some onebed shithole

>>11394503
>500k here is nothing. Everyone is making this amount
This. Even our fugees get this with no questions asked.

>>11394380
Oh god, is link actually the real deal?

>>11393800
From ´FuckedLife´ to ´ThugLife´
at this point it´s your only option
that, or buy kneepads if you aint afraid of dick

>>11394380
> A complete retard with a severe gambling addiction won't buy link
Is this bullish?

>>11395237
Fuck man are you living in the Gaeltacht? Must be somewhere up north if it's so cheap

>>11393749
#selfharmsunday. Fuckin cryptos got me

>>11393749
wow, thanks for the perspective OP. i feel better now. good luck to you, anon

>>11393749
>euro
>uses commas correctly and not decimals
Larping faggot detected, gtfo. You make me ashamed to be an americhad.

>>11394558
>Everyone in germany has millions in savings

>>11396222
checked

Tell this northcuck there is my name all over his brand new train bahn, me n my guys are crossing all over europe

TSK TSK TSK TSK TSK

who do you think made the chainlink graffiti

OP thanks for buying my bags. I sold req at ath n im italian ayy lmao

>>11394835
>allways invest in property.
until the gov takes it away from you or starts raising property tax to the point you have to sell at loss

>>11393762
Basically any shitcoin at Ath most are 95% down and some are 99% down

>>11395461
>>11396136
Not Dublin, but another city. Rent (350) + bills (50) + food (140) + misc (40). That's 7000/year. Sharing a house.

>bought altcoins
You fucked up

>>11394380

Holy shit, LINK is actually the real deal. Thanks OP.

>>11393749
Who the fuck writes these stupid LARPs? And who pays for them? I refuse to believe even the most wretched human does this as a hobby.

>>11393749

Just get a job lmao

>>11393749

I've lost like 100 USD with ether and XRP from an initial investment of 2, 500 USD then I knew and realize that crypto is a cringy scam in which the only winners are either the exchanges or the ones that created it. Real investors put their money in robust and formal markets.

>>11394909

Well if his parents gave him the money and he didn’t earn it himself I could see him risking 500k. It’s easier to gamble a fuck ton of money when you don’t know the true value of it because you didn’t do shit to acquire it

>>11394013
hell the average salary in my country is 500 eur a month, I could live 82 years on that money. and this wouldn't be a poor life, I pay bills, rent, gas, food

>>11396136
Are you irish?

>>11393762
I bought 4k Eur, went up to 300k in February and down to 8k this past week. Anyone who bought at ath can be really (deservingly) fucked

>>11393749
Why would you have to pay money in taxes on a loss? I don't know shit about EU taxes, but this sounds like a LARP.

People don't write this LARP. He is from germany. I am too.
He is a fucking LARP by saying everyone makes 500k in germany and has millions. You must be very stupid to believe that. Average gdp per capita is about 41 k USD per year. Average salery (after taxes) is about 2.3 k USD. Living costs about 1k in a bad neighborhood (but you can actually live quit comfy on it if you don't buy just shit expensive stuff).
What a fucking LARP. He even doesn't post any screens.

>>11393765
its probly leverage