/biz/ - Business & Finance

>>20149082
Congratulations anon

>>20149082
Still a virgin tho lol

>>20149187
Stop bully :/

>>20149082

please dont sell

>>20149220
Still gay and retarded
Hey at least you have a million dollars tho xD

nice dopamine rush from numbers on the screen

too bad you are a retard who won't sell kek

>>20149082
Now you can finally retire as a hairy obese friendless faggot on Thailand

>>20149293
actual retard here, can he sell everything at once? do exchanges let you do that? what if no one buys you?

>>20149377
Hey who told you my plans?

Mad lad

>>20149395
if he market sold he'd crash the price

you'd sell in small amounts if you have that much

Congratulations. No hatin at all pimp.

>>20149449
You can sell OTC to binance, or other exchanges, too. I sold 100k to Binance at 4.50 a while ago

>>20149140
Thanks bro

>>20149491
How would one arrange OTC sales?

>>20149524
if you have to ask...

>>20149602
I'm interested too, pls help us smartfag..

>>20149395
yes he can sell everything at once but if he does it will definitely make the price dump a bit.

>>20149082
Godspeed fren

>>20149082
I have 50k link but am more diversified so we'll probably both hit $1MM based on how the market is going.

Great going buddy.

what wallet app are you using?

>>20149692
i will dump like one cent if you do it on binance look at the order book it will be eaten right away

>>20149449
>500 000 000 USD daily volume
>he'd crash the price
you might be mildly retarded

I unironically just passed the 1mil mark right now, I can tell you op, it's a massive anticlimax. I'm looking at my wallet on ethscan, I see the balance is 7 figures, and feel absolutely nothing

you can OTC sell to binance easily. Its literally an option on the top of each page.

>>20149082
this is KrispyKreme from the discord btw. I know it's you fag

congrats

>>20149800
We're all going to make it
>>20149836
Honeypot

>>20149797
>he thinks bot won't pull their orders
>he thinks longs won't be hunt

>>20149800
Now is the time to position yourself for long term safe passive income

> t. 1.2M net worth

>>20149293
Not selling has worked well for 3 years though
>>20149377
Those are men

>>20149082
Looking good OP

>>20149082
Looking legendary, friendo

>>20149921
I actually already have modest passive income from rental properties. been "retired" 10 years now, not enough to live in luxury, but enough not to have to wage. net worth excluding link ~1.7m

Where does this stabilize?

>>20149395
>>20149449
it wouldn't crash the price. LINK's a scam but the liquidity is there to cash out. Look at the coinbase pro orderbook; 160k would only dent it a couple cents

>>20149891
It's possible bots will pull their walls but the first seller would have market sold already. I think there's enough liquidity more multiple cash outs if it happens.

>>20150019
Ok so im an early 20s guy with a lot of link. All i need is a 6x or so to hit a milly.

The fuck do I do with my life then? Ive been having panic attacks about this

>>20149082
nice fellow marine.

>>20150019
You've long term made it, fren. If all goes well I'll be joining you soon in Valhalla. Property will be next on my list after establishing my safety net stream.

>>20150110
Focus less on number go up, more on explore and experience the world. You've already made it

>>20150110
you study, you manage your wealth, you workout, your learn about new investment opportunities, you help others.

global financial collapse is still scheduled for after the election CASH OUT DUMBFUCKS

>>20150072
thank you good man I understand now

>>20150145
>already made it

So is the next step just to be tan and buff and wandering around italy or something

>>20149921
>long term safe passive income
Would index funds like VTSAX suffice for this?

>>20149082
I'm going to create an assassination smart contract, so the next time you make this thread it'll be triggered. Be careful OP.

>>20150240
If you like. Is that a good long term strategy for fulfillment for you? Go sit under a waterfall mountain and figure out what you want. You're the 1% now.

>>20149082
What trading app is that? Still stuck on coinbase

>>20149490
>>20149697
>>20149780
Tyvm
>>20149795
Delta
>>20149800
Yeah I can see that happening, it's still a cool milestone tho
$10mill would be a real eye bomb though
>>20149836
Negative

>>20150411
delta app.

>>20150045
this leg won't stop until or 16$, then probably a crash to 8, stabilize at 12 or some shit.

>>20149082
If you sell I will be mean to you.

lets go anon. I only have a 1k stack. but im very proud.
I got in late, i think it was about $2 when i got in.
$1000 here we come.

OP could you please help me out. Help a poor dumb virgin guy down on his luck? Please..

0x90022Ff416E12b9F9A65726E72bF26e4cC16BA8e

>>20150110
don't focus on a mil, link is long term probably the best asset in the world right now. get used to having your money in link rather than in the bank. that means forget about any thoughts of cashing it all out when you hit 1mil. you should wait as long as you can, & only cash out some when you need some.

but your actual question is the important one - what to do with one's life once waging etc becomes unnecessary. I won't pretend to have the answer cause even after 10 years I'm still trying to figure it out myself. I'm also waiting for link to hit 100 before I cash any out & actually have money to do things with. wealth helps, but in the end it's not where you will find purpose or meaning or self worth, & these are the most critical things to think about.

you have to do something anon, there's no other way. once the possibility of sitting around all day doing whatever you wants becomes the norm, you naturally end up trying to push yourself to do something, which in another context might be classes as "work". Its cliche but basically find what you enjoy doing & do that. it could be vidya, I wouldn't class that as an invalid occupation. you also can't give up competing in the world, even if you don't need to earn money, cause this is a way you can push yourself. also there's no set answer, these are questions you have to continually think about.

>>20149675
holy shit just google "BINANCE OTC" you fucking brainlet.

>>20149268
fucking with a cow doesn't count pajeet

Congrats OP I wish I had this portfolio

also ITT

"millionaires" that need to pay taxes on their milly, it becomes a couple hundred grand. kek

t. 670 million dollar trust fund baby

>>20150897
he just have to wait the next defi bull run and he's multi millionaire

>>20150919
sure, but will he?
even if he does, taxes will rape his profits.
what you guys need to do is move away from the USA and renounce your citizenship. Believe me, it is worth it.

>>20150966
> sure, but will he?
he really should... Solding before the 2021 bullrun lmao

> what you guys need to do is move away from the USA and renounce your citizenship. Believe me, it is worth it.
I know man I'm a frog... Here we don't pay for trades but we pay 30% (yes, near 1/3) on crypto -> fiat benefits

How much in US ?

>>20150897
jokes on you, I happen to live in Germany where you pay 0 tax if you hold for a year. why yes, I will enjoy cashing out 7 figures tax free

>>20149082
can someone tell me what’s going on? Why are we pumping?

>>20151071
37% for short term trades, long term, 20%

>>20151091
yes germany is okay in this regard, but their laws will change in a couple years if not sooner.

I also pay 0% in crypto / capital gains tax and I can live pretty much anywhere in the world.

>>20149800
It's like getting level 99 in RuneScape. I feel nothing and just continue on to the next skill

>>20150897
i actually won't, and while you are a larper, trust fund babies don't understand the concept of making it.

I've been waging since i was 20, the realization that i will have a better future than the one i anticipated is a joy most people can't comprehend.

>>20150897
1e6 * 0.23 (long-term cap gains after niggercare) = $230,000 in taxes, which is $770,000 net. So yes he should wait to get 1.5 million before cashing out, if at all.

>>20151286
my dude, I didn't know I was going to inherit half a billy until I was 27 years old. That's a year ago. I've worked, I made it in real-estate myself so back off kiddo, you're hurting my feelings.

I am obviously happy for anyone that makes it, truly I am. Just make sure you do not pay taxes LEGALLY because they will absolutely, 100% rape you if you don't. They have ways you wouldn't even imagine, every government talks with each other, in one way or another.

Good luck friends!

p.s

Real estate is the best parking lot for your money.

Could someone recommend me a safe way to buy link? Some people recommended Gemini. Maybe there is something else out there.

>>20149082
I wish I was you. Congrats

>>20151400
Okay rare unicorn, thanks for dropping by

>>20149921
>safe passive income
Stocks are absurdly high right now and property too. Nows the time to hold cash.

>>20152036
questionable considering brrrrr. There's almost certainly a reason people are accumulating the stonks.