/biz/ - Business & Finance

>>15980092
just retire to ukraine bro

>>15980092
its not a bad strategy but dont a 5x will take a long time.

Buy Chainlink you fucking idiot, you will be rich in 5 years.

>>15980092
>I'll put it all on the chink manipulated dinosaur coin with no use case whatsoever
Just put it all on red at the casino you massive faggot

>>15980136
Enjoy getting jumped on the weekly

BTC will never 10x again
Buy link

>>15980092
>Is this recession going to fuck crypto?
Nope, rescission/bank failure are great for BTC

>>15980199
Ive heard ukraine is pretty safe compared to Russia

>>15980092
Why don’t you open a 3x long on BTC also?

>>15980092
If you are telling me OP that you have 100K saved in fiat, You are fucking retarded. Firstly put 80% of that in gold. Once you're done with that,20% in chainlink.

Dont do leveraged trading. You will not go to zero with bitcoin.
Also put 1k in moonshot Jamaicoin. Https://gocryp.to

>>15980092
Thats honestly not that bad. Though btc will always be a long term investment. If you are looking for something a little shorter, try looking at VID. It has quite honestly the most impressive returns I have seen in a while. 160x in just 4 months is rare nowadays...Read up about VID, you won't regret it

>>15980092
why in god's name would you invest that entire amount in one place
diversify your fucking portfolio jesus christ

>>15980092
Buy a 50% BTC 50%ETH split and sell all at 1500$ ETH 30K BTC. Sell enough to recuperate your initial 100K at 1000$ ETH and 19K BTC. Be conservative and happy with what you get. Wait till the next market cycle and repeat. Be millionaire in 10 years thank me later.

>>15980494
whats up with this recurring x160 meme

ico 40c pre ico 8c tops 50c?

>>15980498
apologies for double post, just thought of another way OP is a nigger
buy real estate in a shithole country that has functioning universities like south africa or india
doesn't matter if they're good unis, chimps will pay stupid amounts of rent if they think it'll get them a degree that they can use to get a comfy government job

>>15980092
Put $20-30k in NKN and rest in BTC.
Read this as quick FYI:
https://forum.nkn.org/t/nkn-ama-q-a-highlights-october-8-9-2019/1821

>>15980539
So you basically get paid for your unused bandwidth?

>>15980199
Jumped on by gfs

>>15980092
Savings are only important if you plan to have a normal life and a normal retirement.

100k in savings is not bad at all for your 20s. If you invest that in something with a good long term return like index funds and keep adding to it for the next 30 years you will have a very comfortable retirement. Especially as your earning potential increased with work experience.

But a normal working life, and a normal old age retirement; that's not what you want, is it?

>>15980151
Working will take a vastly longer time.

>>15980562
>asking someone on 4chan if they want a normal life

>>15980562
I appreciate the advice, but knowing there's 35 more years of this to go, and then I'll have maybe, 20 years to enjoy it if I'm lucky? And even then, I'll be an actual oldfag and have no energy.

I feel like life is just a forced labor camp, and I think I would rather neck myself than participate in it, at least in the traditional sense. I'd like to do something creative like write for a living, but so do 5,000,000 other normies.

>>15980595
give me your money and then kill yourself

>>15980595

How many hours a day do you work? Including commute and work preparation.

>>15980595
How often do you buy whores?

>>15980545
Yes. Basically Uber/AirBnb of networking. Insane growth potential and many other (they are now focusing on CDN) use cases are yet to be explored. Addition to mining rewards, NKN's huge clients will market-buy tokens for the service they get and give them to miners. Business side of this project is solid af. The token price does not rely on pure hype like other cryptos. No partnership crap, actual commercial contracts.

>>15980504
>2016 all over again
u retarded or something?

Lol I made that with Chainlink in a month.

>>15980669
No you didn't LARP

>>15980619
About 40 minutes each way. I was thinking of going in for the law meme, but I don't know.

>>15980660
Do they have a way to calculate the amount of tokens you receive based on bandwidth you provide?

>>15980092
your dumb as fuck. put that shit into DUK and live on the dividens you retarded ape.

>>15980238
Yeah that's what CNN said.

Gosh it's pretty hard to avoid a 5 or 10x in crypto, pal. Even if you think Quant is going to fail long term, you have to be legit retarded to think it won't hit 500mil cap (half that of even vapourware, known scamcoin LINK).

You'll see it happen and remember that you didn't buy in.

BTC isn't a good option for a 5-10x right now, not really.

>>15980688

>law
I dunno where you live but here if you want a decent law career you need to be really good at networking, or have family with connections to a big firm. And even then the work is a slog.

Seems like a weird choice for someone sick of wage slaving? What do you actually want to do with yourself?

>>15980660
>use cases are yet to be explored
aka nobody needs this shit lmao

>>15980092
Unironically, put it into Link.

>>15980688
I don't know. I'm not a miner/NKN service provider. Just a bizfag who focuses on holding around 500k of this gem.

The fact you even replied to the nkn guy makes me think youre new to /biz/. 95 percent of posts here are scammers or discord shillers trying to move up a rank, lurk long enough and it becomes instict or you lose all your money.
Dont trust anyone.

T: all in on Link

>>15980794
>law
Yeah I guess. I thought if I could make a whole lot of money really, really quickly I could get out of the rat race. I don't know man. Most of my hobbies are centered around smoking weed and chilling. I guess I wanted to make something of myself and I saw law as an easy way to a well paid and prestigious career.

>>15980821
Hmm... Just wondering if it'd be worth it to rent out a couple houses in a city with fiber. Average American bandwidth is around 100mbps. Fiber is 10x that. Might be worth the price of renting a couple apartments.

>>15980876

>Most of my hobbies are centred around smoking weed and chilling.
You could join a religious order?

No but seriously that's not a lot of material to work with. You must have some ambitions, I mean what did you even want the bitcoin money for? Sitting around smoking weed is cheap.

>>15980562
>comfortable retirement
Like luxurious adult diapers lmao

Why the fuck would anyone live past 50? I just turned 30 and think it's time to end this shit cause all the best years are in the past.

>>15980976
I enjoy academics I guess. When I was in college, I liked reading philosophy and psychology texts the best. I definitely wouldn't mind exploring social behavior especially if I knew my research was having an impact.

I also have a tradGF which I like very much. I think she wants to have kids soon, so I think a lot of the anxiety I'm having is finding a good 'job' rather than just crunching SQL (what I'm doing now) for an insurance company.

I got the GI Bill, so that would sponsor me for a post-grad for at least 3 years. That might be useful.

Also my grandfather runs (he ran - he's dead now) a semi-(in)famous cult in our state that his wife wants me to get involved in. I think there's actually money in it.

>>15981096
I know what you mean - and I wasted so goddamn much of that time ;_;

>>15981116
I spent all my 20s on 4chan lol. I'm a certified loser. My current goals are fuck 100 teenage whores (80 to go) and wait for the next bull run. I'm not sure I'll stay even if I make it in crypto.

>>15981143
Yeah, that's the problem. You need so much more money to compensate at every age for time lost. I mean would you rather be an 80-year old billionaire or a broke 18-year old?

>>15980092
If this isn't a larp, get LINK.

>>15981143
You’re here forever bud

>>15981166
Definitely latter if it's 18yo me. I was good looking and popular with girls but very shy cause I thought I was average lol dumb cunt.

Op, don't get scammed out of your 100K or you will neck.

>>15981218
Same. Everyone chooses youth over money, hands down. Every year has a dollar value. A big one.

>>15981260
It's a tough world.
Most people that earn a lot of money work pretty hard, at least when they're younger, under 40 say.
There are exceptions, but they're the small minority.

If you're starting a family soon it's only going to get harder, but you might find the struggle more meaningful if you have a kid?

A lot of dumbass nu-stoic self-help gurus and pseudo philosophers have come along recently and you're probably familiar with it all.
But remember the old core truth they're all peddling.
A huge part of life is suffering, but you can't pursue happiness and comfort. That'll destroy you.

You have to find something meaningful that justifies the suffering.

That much money is not worth investing on crypto, most of us have invested money that we can lose and expect some crazy happening. Get into real estate, buy something and rent it, then get a loan, buy something else and rent it too, both rents will easily pay out the loan and you will be left with two assets.
I know you may want to play it like that and BET on a 5x but I wouldn't do that.

>>15981303
>A huge part of life is suffering...
Thanks, anon. You said some good wisdom right there. And you're right about the self-help 'movement' in the US right now. A lot of it is pandering. I've just tried so many of the fads to escape the reality of life, but the core truths don't change.

>>15980136
only if you have family there

>>15980092
BTC is the safest bet you can make.
There's like a 90% chance of it making at least a x10 next bull run.

But the timeline you are looking at is like almost 3 years away.

Historically, the bull run happens like a full year after the halving, which is still next year. Expect crabbing, and dumps in every small pump, until then.

Sure, you can make a x20-x100 betting on other shitcoins, and do it in a shorter time period, but the chances of making it there are much lower (like 10%), and you have a very very high chance of losing like 95% of your investment.

If you have 100k worth of Bitcoin now, you've already made it, you just don't know it yet.
I'd rather choose the safe play.

>>15980494
VID is my best bet so far, let's see whats next

>>15980660
You forgot to mention it is a chink scam.

>>15980193
False. Put it on 13. 13 always wins

>>15981361
Why do you say there’s a 90% chance bro will 10x

>>15981108
>I also have a tradGF which I like very much. I think she wants to have kids soon
That's tough, that's a lotta pressure.
If you were a single loser like most bizraelites, you could afford to make gambles in your life, like going all in on BTC, or quitting and trying to make it with a business or whatnot.

That's basically the best way to get out of the rat race... it's not a sure thing, but it drastically increases your chances of making it.
And you have a GREAT advantage, you have 100k in savings.
That's a HUGE edge that the
>>15980595
>5,000,000 other normies
that are also dreaming of making it do not have.

I was once in your shoes.
Burnt out by the daily wagecuck routine.
I realized just constantly waging won't make me make it.
I had to take risks.
Can't win the lottery without buying a ticket.

So I saved up a years worth of emergency fund, much less than what you have, quit my job, and tried various ventures all day. Writing mobile apps, online selling, online marketing, crypto trading...

I was lucky, I did not have the same pressure that you have right now. I could afford to neet all day, and if I ran out of cash, I could always live at my mom's and eat her groceries.

Then 2017 crypto bull hit and I was free.
I hope you make it too anon.

>>15980092
I seriously doubt you'll lose everything, but none of us can really say for sure. I'd guess it will be worth anywhere from 500k-1m by the end of 2020. I might just be a delusional bull though. I'm all in CL though. No room for BTC.

>>15981479
Bitcoin stock-to-flow model
https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25

If Bitcoin fails to follow this model, then that proves Bitcoin (and basically any crypto) is not valued by the market as a scarce asset like they do with precious metals or real estate, and the entire crypto space was nothing but just a speculative bubble.

>>15980182
>5 years

>>15980092
Buy Chainlink. Dyor (do your own research):
https://pastebin.com/6xcsc2jR

>>15980545
>>15980688
>>15980876
DONT FALL FOR THIS PAJEET SCAMMER BUY LINK UOU STUPID FAGGOT

>>15981481
Thanks anon, hopefully somewhere between now and 2023 I'll have made it.

>>15981557
Interesting, although the article makes it sound pretty bullish which is nice.

>100k usd

that is enough to make anywhere from 40-100k gbp a year flipping houses in the UK. this involves work but it cant be defined as wagecucking. its my goal.

>>15980092
You're a fucking idiot OP goddamn. BTC has literally no value. It's only value is as a "store of value" except the fact that you cant physically touch a bitcoin.
The good part? risky assets like bitcoin are gonna get hit hardest during a recession because nobody trusts it.

>>15980092
DIVERSIFY YOU FUCKING RETARD WHY WOULD YOU PUT ALL YOUR EGGS IN ONE BASKET.

>>15980092
get chainlink look at the sexy chart rn

>>15980092
You'll lose half soon and panic sell. Why would Bitcoin ever hit $20,000 again? Buy Kleros. Sell the eventual 10-20x, keep half in, don't look back.

>>15980136
>just move to a warzone bro

>>15982553
Ukraine will become a first world country if they play their cards right

>>15980092
Literally just buy and live off of stocks that pay dividends, dumbass.

>>15981611
>>15980869
>actually providing some evidence why NKN is legit top10 crypto
>pajeet
>meanwhile yelling link all the time without any actual substance and shitting this board to oblivion
Okay pajeets

>>15983632
literally this

lets say you have a very conservative dividend yield of 4 percent, thats 4000 bucks. you can live in the midwest and rent an apartment for a year with that much money and still have some left over for utilities or food. then all you would have to do is work an easy, comfy part time job to finish up expenses and keep investing any extra money in the dividend stocks. why do a crapshoot when partial financial freedom is looking you down the barrel

>>15981303

You're a dude of wisdom. What kind of life do you lead?

>>15983761

>actually saying living on 4000 a year is possible in the USA

Whew lad.

>>15984143
Dividends most often pay out quarterly
So it's more like 16k a year

>>15980092
>What are my odds of losing literally everything I've worked for?
very very low
>Is this recession going to fuck crypto?
expect a lot of positive attention, if not a "Great Flood" scenario, where a lot of people around the world will try to enter the Ark of Bitcoin

>>15980092
Bruh. I did same thing with you and went all in (100k) in crypto

See you in hell

wait for 5k idiot. or buy 3/10ths now and buy the rest at 5k.

With that type of flow, id be looking at staking a coin for sure. No need to gamble it 100% in BTC. ALGO offers the highest staking return on Binance at 14%, may be worth allocating some to that.

>>15984222
checked

>>15984176
You do realize paying quarterly just means you're paid 4 times in the year? It doesn't times your yield by 4. You just don't have to wait a full year between paychecks. You're still only getting a %4 return for the year. Anon would just be paid $1000 4 times a year once every quarter.

>>15980092
What was your job? If it is IT or white collar in general, have you considered doing it freelance? If you do it online you can move to a low cost of living country and live working very little.

>>15981667
You sound like you’ve been working too hard. I’m 27 and I just got over a similar experience. Have been working non stop, saving, and lifting for the past 10 years. Had a little over 100k saved and one day I just didn’t go into work. I just couldn’t look into my future and be happy with continuing to wage slave every fucking day.

I always fantasized about doing more with my life and running my own business, and now I really have no excuses. I’ve been neeting it up, smoking weed and watching YouTube for a good few months and I’m ready to start busting my balls again. Maybe consider a nice long couple month neet rest until you really know what you want to do next with your life anon. It’s done well for me. Was worried about getting trapped in the neet lifestyle like in high school but it’s been good for me to indulge a little.

>>15984499
>Have been working non stop, saving, and lifting for the past 10 years.
Jfc, respect my man. Take a break, you deserve it.

>>15980092
im 23 been waging only one year of my life, trust me fren, 80% of my monthly income all in BTC like me. I started at the BTC bottom nearly.

>>15980182
*less than one year

>>15980092
lol i made $20k this year and have none of it left

idk even know where it went

Buy LINK and VID