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/biz/ - Business & Finance


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21651543 No.21651543 [Reply] [Original]

THERES NO GOD DAMN POINT

even if you invested 500 in link years ago and got EXTREMELY lucky you would have nothing. Fucking 15 grand. Nothing NOTHING.


You literally need to invest thousands in fake internet money and wait fucking YEARS and maybe get something. What in the literal fuck is the point if you didn’t buy bitcoin at the lowest point and managed to hold for 6 years or you have a 6 figure income with a 6 figure bank account.

THERE’S NO GOD DAMN POINT

>> No.21651594
File: 142 KB, 600x842, 1597240146200.png [View same] [iqdb] [saucenao] [google]
21651594

There's always a point

>> No.21651603

>>21651543
Just lend money that doesn't exist and buy real assets with it. The best part is you can just inflate away your debt or take a bail out. Problem goyim?

>> No.21651609

>>21651543
>You literally need to invest thousands in fake internet money and wait fucking YEARS and maybe get something
Yeah, so? Why didn't you?

>> No.21651634

>>21651543
Uhh I invested 500 and made 50k in 2 years. In 1 more year it’ll be 500k.

>> No.21651647

It takes money to make money, anon.

That's why step 1 is always to be in the wage cage or collect NEETbux while step 2 is to save. Step 3 is where you invest in things returning some % or x

>> No.21651651

>>21651543
500/0.2 = 2500 linkies
2500 x $1000 eoy = 2.5 million

>> No.21651653

>>21651543
500 link years ago was what? 100 bucks? Come on now.

>> No.21651695

>>21651543
Hey I'm very happy with these 15 paper grands don't shittalk

>> No.21651694

>>21651543
the only way to make it is to keep putting in money and NEVER EVER SELL until you have >5mill

>> No.21651696

>>21651651
>$1000 eoy
heh . thats where ya fucked up kid.

>> No.21651723

>>21651543
>REEEEE WHY IS IT TAKING SO LONG TO GET HUNDREDS OF THOUSANDS OF DOLLARS FOR DOING LITERLALY NOTHING?? ITS NOT FAIR!!

>> No.21651730

1. Buy Kleros
2. Wait 3 years
3. Profit

>> No.21651734
File: 1.38 MB, 1650x1024, 1558843585361.jpg [View same] [iqdb] [saucenao] [google]
21651734

>>21651543
>oh no, investing a few thousand dollars and waiting 3 years to retire

>> No.21651744

>>21651696
go back

>> No.21651761

>>21651647
I have money but to scared

>>21651695
Yeah but odds are you would of spent 500-5000 on another coin

>> No.21651882

>>21651543
pay to play nigger

>> No.21651960

>>21651882
I wanna buy a coin for 50 and have it turn into millions.

>> No.21651986

>>21651543

Some of us bought our 10,000 Linkies for .40 cents and cashed out our initial.

It may as well be a game now.

>> No.21652008

>>21651543
that's why you NEETs will never make it. Get a real job and some real capital first

>> No.21652019

>>21651543
I put ten k into link at 7 bucks and now I have over 20k just a couple weeks later. I only had 15 k to my name at the time. You have to spend money to make money

>> No.21652171

>>21651761
>I have money but to scared
Then decide how you want your portfolio to eventually look (100% bonds? 20% gold? 90% LINK?), pick a day of the week, and allocate 10% of your cash in the desired way each week.

>> No.21652442

>>21651543
Lmao I threw 600 in like 6 weeks ago it is now 1600, if this is the end just use the 1600 on PEDs and steroids to become an ultra Chad, start an only fans for gay faggots and make bank

>> No.21652555

>>21651734
Thanks for the image

>> No.21652647

>>21651543
I HAVE BEEN BUYING CRYPTO SINCE I GOT MY FIRST JOB IN LATE 2017 AND I AM NOW MASSIVELY IN PROFIT, SUCK MY DICK.

>> No.21652732
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21652732

>>21651543
????????
I invested 500 into link years ago (2017) when it was at 20 cents and now I have 40k. What the fuck are you talking about?

>> No.21652746

>>21651543
Just buy Orchid

>> No.21652774
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21652774

>>21651543
Patience is key, my son

>> No.21652829

>>21652732
Yeah exactly… You have nothing. What the fuck are you going to do with 40 K? You can’t even buy one 10th of a house shithead weeaboo

>> No.21652893

>>21652829
Thats $39,500 that dude got pretty much for free over a three year period. It can all be reinvested and grown and he got it all by literally pressing one button and spending the price of a PS4. If you don't see how thats worth while you should fucking kill yourself.

>> No.21652927

>>21652829
Only on /biz/ would people complain about a nearly 100x return on investment over a period of 3 years. Know why I only invested 500? Because it was all I could afford to at the time. It may not be a lot to you, but it is to me. If that amount is so meager you could've invested 5000 when I did and had 400k right now. What do you even want?

>> No.21652951

>>21652893
A mere pittance in the wallet of a boomer. Shut the fuck up. You know exactly what OP is talking about. To MAKE IT you need a miracle. And 40 grand is just a couple of weeks in Vegas for fucks sake it means NOTHING and you’re a BIG SMELLY TROGLODYTE BITCH

>> No.21652975

>there is no point in having 10k sitting around and clicking a button and forgetting about it for a year to earn 2k from a mere 20% increase

>> No.21652979

>>21652927
FUCK JANNIES, FUCK TRANNIES, AND FUCK YOU AND YOUR POCKET MONEY

>> No.21652994

>>21652979
I'm gonna be honest bro this sounds like nolinker cope to me.

>> No.21652996

>>21652893
You're speaking to demoralisation shills. Ignore the kikes.

>> No.21653001

>>21652975
Yeah but that’s an absolute best case you’re not including the money you lost on other coins

>> No.21653028
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21653028

Chainlink will not fail us

>> No.21653035 [DELETED] 

>>21652951
You can bet that 40k again to grab a make it stack. Are you seriously such a stupid nigger that you think because a 100x return wasnt 500 million dollars its worthless? Its literally free fucking real estate you mouth breathing cunt. No wonder you're complaining your shit stack you spent $10 on isnt instantly turning into 10 million in a day. You sound like a fucking nigger.

>> No.21653045

>>21651543
To be succesful with crypto you don't have to trade crypto. You're supposed to make new cryptos, market them as something useful, use an erc20 template and shill /biz/ so that people fall for your pnd scam. Thats what i do and i earnt more money than i could ever have with trading

>> No.21653051

>>21653028
I mean it got to the top of coinbase it might end up 200-500

>> No.21653076

>>21652994
Enjoy your week in Vegas. OP was talking about HIGH SIX FIGURES you absolute slimey slug person

>> No.21653081

>>21652893
OP is a 14 year old who has no concept of the real world or finance in general. In the off chance that he's older than that, then yeah, he should follow your advice because it's not gonna get any better for him from here.

>> No.21653087

You need money to make money.
Never ignore the first step.

>> No.21653095

>>21653001
treat investments like any other, stop buying into shit thats obviously not going to work

>> No.21653130
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21653130

>>21653076
Why would I blow my free 40k by gambling it away in Vegas like some degenerate when I could reinvest it into another promising project?

>> No.21653149

>>21651761
If you are like this now you would have been the same way with bitcoin or whatever the next big player is. Just give it a rest or give it a shot

>> No.21653152
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21653152

Don't lay in the shit with the bugs and the pain and the humiliation, pink Wojak. Join us in the comfiness of FLOW and STA and let's be based Chads. There's no need to suffer anymore.

Add you STA to Delta and your Delta to Phoenix and let's make it.

>> No.21653159

>>21651543
Borrow a shit ton from (((them))) and put it into a shitcoin, and if it doesn't work, declare bankruptcy. Boom, nigga

>> No.21653163

>>21653045
Based scammer. I think about doing this at times but it just feels like it would be unethical / possibly illegal.

>> No.21653209
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21653209

>>21653152
>your
I should post slower.

>> No.21653286

>>21651543
You have to understand that even if you take the million, everything will still be shitty. I know you can't understand this lesson right now, but maybe you will. Life is pure shit even on opium 24/7. Just go fuck something and eat some pizzas

>> No.21653287

>>21653130
Yes it’s so easy to make high 6 figures from your 40k pittance isn’t it? Did you even read OPs post? You have the comprehension of a donkeys ass. Fuck outta here chump change cunt

>> No.21653316

>>21651543
I held chainlink for 3 years and now I’m a millionaire at 28, so yea there was a point fucking coombrain idiot. Work on your dopamine receptors

>> No.21653322

>>21651543
>There isn't any reliable way to invest lunch money and make $1,000,000 overnight with zero risk!!! REEEEE!!!! Why is life so unfair!!!

Get a job, loser.

>> No.21653325

You had 3 years.

>> No.21653366

>>21651543
For most, the point isn't to get rich out of the blue over night, it's to invest whatever income we have into crypto and yielding massive returns putting us closer to NEET freedom.

If you had a nice software engineer and lived with your parents until your mid 30s while putting most of your check into crypto, you could be a retired millionaire in your early 40s.


My SWE friend is 33 and has cashed out 2 million after-tax thanks to crypto. He has 1 million left in crypto and has his 2 million on the side for when the housing market crashes.

He barely got his software eng job in 2017 at 30 years old and he's so close to making it and crypto accelerated that process 10 fold. He only started by putting in 20% of his checks and now he's snowballing hard.

>> No.21653387

maybe if you actually had a job and had more than $500 cuck bux to invest a 29x would be enough to make it.

>> No.21653426

>>21653286
I'm now eating pizza, might fuck again after. And that's it. That's the best life can give to a man. Sex, pizza and opium

>> No.21653431
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21653431

There's always a new opportunity
just move forward

>> No.21653464

>>21653431
Good spirit

>> No.21653503

>>21653426
Pizza isn't that good. But yeah, pretty much food, sex, drugs and videogames. That's everything life has to offer

>> No.21653554

>>21653503
Thanks for the insightful and optimistic contribution

>> No.21653640

>>21652442
but how do i got peds and roids

>> No.21653666

>>21653503
>hedonistic pleasure
>life characterized by intermittent dopamine spikes
nihilist redditfag detected. having a family and a rewarding passion is the only way to every feel satisfied. it’s hard coded in your biology.

>> No.21653677

>>21651543
Have you tried not being poor?

>> No.21653717

>>21651543
Dude the entire financial system is changing and few people bother with crypto. You're fine.

>> No.21653797

>>21651543
That $15K becomes $150K easily once LINK does its thing. Then you take $100K and put it into the next 1-2 /biz/ gems. Boom you’re a multimillionaire. That’s how it works newfag

>> No.21653830

>>21651543
The higher the risk the higher the reward. If you were willing to dump 10k us dollars on link 3 years ago you'd have more than a quarter million now and 20 million within the next 2 years.

>> No.21653879

>>21651543
yeah life is pretty P2W anon

>> No.21653897

>>21652829
I don't understand some of you. 40k is what a make a year. He spent what is the equivalent of me staying over for a few hours of ot to make what i do for a year. Not everyone lives in shithole cities where you have to make 6 figures to live in something besides a closet.

>> No.21654046

>>21652008
This. Get a decent job and start saving as much money as you possible can and invest all of it whenever you can.

I know its a bitch but if you got a decent job in your early 20's and save even 30k a year and invest that money you'll be to retiring by the time you're 35 or much much younger depending how much you're willing to risk. 35 sound old but think about, most people don't retire until they're in their 60's and even then they struggle financially.

Bad news is though that if you want a wife and a kid its going to take twice as long but thats the cost for a happy life.

>> No.21654093

>>21653897
You say that, but once you see your money grow and how relatively fast (1 to 2 years in my case) you can make it, holding becomes easier.
The goalposts move further.
Suddenly holding for 10 million seems doable than the initial 1 million.
Doesn't matter where you live.
Once you get the itch it's hard to leave the table.

>> No.21654173
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21654173

>>21651543
>Bitcoin at it's lowest point
>6 years
fucking noobs

>> No.21654186

>>21653717
I don't understand your logic.
The financial system is changing because of crypto.
The corporate world and valuation will change because of crypto.
Most people will find nothing better than the opportunity buying crypto gives.

>> No.21654207

>>21653897
He only invested 500 dollars though. He saved one weeks worth of min wagie pay and turned into a years worth of salary over the course of 3 years. Imagine if he had invested a months worth of pay, he'd have made 4 years worth of work in 3 months for the cost of a single month. So yeah you can say it wasn't worth it but it objectively was. For one month of misery, he has gained a possible 4 years of NEETdom at his current level.

Thats forgetting the fact that he will have a million dollars by the end of the year.

>> No.21654261

>>21651734
『 S L O W A N D S T E A D Y』

>> No.21654298

>>21651543
It wasnt luck. I just listened to the dank memes 2 years ago and put all of my net worth into it. Not hard brainlet

>> No.21654408

>>21651543
op is right and you all know it
$15k isn't shit, and it definitely isn't make-it money
I know the idea of what counts as make-it money depends on things like where you live and what bills/expenses you have, but for the sake of argument let's just pick a nice, round number: $3 million
Let's say the average faggot on here needs to make $3 million from crypto in order to never have to work again
In crypto, there are essentially two ways to make this money: trading, or holding
Trading crypto, as we all know, is hard as fuck for the average /biz/tard to do successfully to the point where they can turn hundreds or thousands of dollars into millions. That rules out at least 95% of us
So that leaves the option of holding
Many of us are poorfags which means at best, the most we can initially throw into crypto is probably a few thousand dollars, let's say $3000
Then you have to fucking research to pick the right token to accumulate. You have to weed through all the shilling and fudding to figure out which is authentic and which is bullshit, and God help you if your brain is too smooth to understand the technical aspects of the crypto, the tokenomics, its likelihood to moon in the future, etc.
Plus you have to try to catch a token with a low-enough marketcap in order to maximize potential gains should it ever moon
And even if you luckily pick the right token to hold, you'll likely have to wait for years while wondering if you picked wrong, and being tempted to go all in another token that /biz/ is hyping
And even if you hold until a moon, the moon will likely be 100x AT BEST, depending on when you bought in
So you just flipped $3k into $300k.
Now let me allow Lisa 'Left Eye' Lopes from TLC to explain why even that's still NOTHING:
https://youtu.be/PKEjTTKGIUo?t=75

>> No.21654506

>>21653797
there are about 100 different alt/shitcoins shilled on this board every single day

>> No.21654539

>>21654408
It’s not just about “making it” you dumb motherfucker. Turning $500 into $40k is amazing. You can reinvest that $40k to grow your money further. You’re a fucking idiot if you’re only investing to try and get rich quick. It doesn’t work that way. You build up your assets over time with smart investing.

>> No.21654870

>>21653387
Some of us have jobs that are decent enough to cover all our real life bills with a couple hundred still left over every month to put into crypto. It's the best we can do

>> No.21654883

>>21654539
There’s no way you invested just 500 though. 100% accuracy gamble

>> No.21655008

>>21654506
Learn to connect the dots retard.

>> No.21655094

>>21651543
Theres only a few ways to become financially independant.
1. Be born into it.
2. Work your way into it.
3. Lottery.
4. Sue your way into it.
5. Crypto.

5 is your best odds, unless you want to stage a police beatdown.

>> No.21655114

>>21651761
>I have money but to scared
Scared of what nigger? Few thousand dollars? Losing 100% of those is different levels of poorfaggotry, but it's the only way to make it.

>> No.21655133

>>21651960
you're a fucking retard and will never make ir

>> No.21655137

>>21651761
>I have money but to scared
All those excuses, now the truth comes out. It’s all or nothing, anon. Always was.

>> No.21655150

>>21653640
ask /fraud/ on /fit/

>> No.21655155

>>21651543
if you had invested ~100k at .20c you'd have 8 million dollars

>> No.21655166

>>21651543
Holy fucking entitlement, maybe boomers are right

>> No.21655192

>>21651761
Do you have a cat? Go rub her all over your face so you can develop toxoplasmosis like me. It makes it so you no longer care about risk. Its a little based worm inside your brain.

>> No.21655223

>>21651543

Luck has nothing to do with it. I put 5000 into LINK within 10 minutes of reading about it for the first time. Let's play a game--- guess how much USD I have in the form of LINK right now?

>> No.21655293

>>21655223
About 290k

>> No.21655319

>>21651543
You're just now realizing this?

There's a reason for the saying "the rich get richer, and the poor get poorer" the rich have a high flow of capital already so they can afford to invest $100k in some random stock or coin. If it moons they get richer, but if not then they can pull out and not really lose anything. Poor people invest all, lose all, and get nothing back after taxes.

>> No.21655496

>>21655293

damn not bad

>> No.21655620

>>21655496
>he didn't sell at ath
Just give me your bags, you literally don't know how to use them for gains.

>> No.21655702
File: 394 KB, 1000x440, 1570336971054.jpg [View same] [iqdb] [saucenao] [google]
21655702

>>21651734
>>21652555
Checked

>> No.21655723

>>21654408
Do biztards actually think this way? Imagine thinking 2x or 3x money you invest is somehow bad. I'm new to the board but this guy sounds like a fucking retard.

>> No.21655737

>>21651761
I put 8k into link in 2018, now worth around 350k. I'm gonna make it. With 8k initial. Stay poor.

>> No.21655757

>>21655496
That would imply you got lucky as fuxk with timing. I stacked all through 2018 and only snagged a gew buys under .25. My first is 1k at the .75 cent range which gave a paltry 750 link. The odds of lucking into a .20 buy were really small even if you watched charts all day like me

>> No.21655767

>>21651543
>15 grand
>nothing
That's half of what I make in a year wage cucking. I could settle all my denbts.

If you want to be a millionaire you need to start with some capital to earn with.

>> No.21655877

Bought 1k in eth in may
Carefully rode some pnds till 1800
Went all in STA at 0.046
8-10k in less than 6 months

>> No.21655952

>>21655293
What do I buy now

>> No.21656024

>>21655877
Just gambling with 4000 dollars then pay 30% to shekel Jewish taxes...

>> No.21656082

>>21655723
You said it yourself, you're new here. That's not a bad thing in fact at least you aren't a retard trying to fit in. Thing is though if you spend enough time on this board 2x and 3x honestly are shit yearly gains. There's a particular coin with an actual use case, very good fundamentals, and hilarious memes that not many people on /biz/ are invested in right now that's been shilled for months and has done a 10x already, and will more than likely 10x again from it's ath. LINK did a 4x in a month's time, BTC and ETH were both shilled here for years as well.

Pretty much anything that can make you an assload of money is shilled here at some point, the trick is researching enough to know what to buy and resisting the urge to FOMO into a pump. I can think of at least 3 alts right now that are guaranteed money makers for the next year, at least a 5x.

>> No.21656287

>>21651761
aoo. So you're just a cuck.

>> No.21656359

>>21656082
I realize the potential already. I'm just wondering what the fuck these retards expect? To just put $500 into some shit memecoin at .00001 and make a billion off it?

>> No.21656389

>>21651543
But think of all the new frens you met

>> No.21656406

So dont fuck it up this time and get into SLINK. https://app.uniswap.org/#/swap?outputCurrency=%200x03E7438AEF0CF54aB0c25cE3e71861d288cEB543

>> No.21656464

>>21651543
>You literally need to invest thousands in fake internet money and wait fucking YEARS

Bro, I got into crypto really recently and tossed a few thousand into 320 LINK. If it does hit 1000 in even 10 years from now than it's fucking worth it.

>> No.21656492
File: 61 KB, 1280x720, 6558BCFE-B062-4A30-B2AB-2456F6074FEA.jpg [View same] [iqdb] [saucenao] [google]
21656492

$COOM awaits you my child.

>> No.21656514

>>21656464
Why would link get higher than eth and btc listen to yourself dude. 200-500 if you’re extremely lucky.

>> No.21656568

>>21656359
Oh I didn't bother reading that guy's post. Yea there's a reason people were shilling LINK so much, it's one of the exceptions and buying it at the 10-50 cent area was one of the only ways you could expect to make bitcoin tier returns. Newfags are coping right now because they missed out thinking LINK is going to actually go to $1,000 (who knows, maybe).

The more realistic way to make it I think is to invest into things nearly guaranteed to do at least a 3x and keep re-investing and taking profits at specific amounts. Most of the successful people on the board have said the same thing. The ones that didn't take out loans for LINK at 20 cents that is.

more to the point though yes, a lot of the newfag retards think they aren't late right now and putting $500 into LINK is going to make them millionaires. Which is precisely why I dumped on them and re-invested elsewhere a few days ago

>> No.21656611

>>21656514
You are a literal child. Get off of /biz/.

>> No.21656660

>>21656611
Alright fucktard have fun with your imaginary 3000 dollar lottery ticket

>> No.21656696

>>21656568
Any scoops for a newfag sage chad?

>> No.21656711

>>21656514
> $1000 is higher than btc

>> No.21656713

I am newfag in crypto made today 50$ with fucking myx there is a point and thanks biz

>> No.21656721

>>21651734
ARE YOU ME??!

>> No.21656733

>>21651543
15k is great, use that 15k to make even more money.

>> No.21656754
File: 47 KB, 598x714, 1572336342807.jpg [View same] [iqdb] [saucenao] [google]
21656754

>>21656464
>320 Link now costs $5200 USD

>> No.21656768
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21656768

>>21656660
Thanks, faggot. I’m going to backtrace your IP and hire homeless people to throw their shit at your window every night for a year after I make it.

>> No.21656788

>>21651543
$500 at ICO would have got you around a 4.5k stack, now worth $73.5k.
Your right, thats only a measly 14700% return on your investment. Your better off just getting your 6% anual returns from boomer stocks arent you? Because the stock market is never volatile *cough* March 2020 *cough*.

>> No.21656797

>>21656660
You are a dumb, scared, poor bitch and you are NEVER going to make it.

>> No.21656804

>>21651647
ngmi

>> No.21656814

>>21656696
yea buy PNK. the pajeet posting is new meta FUD, you actually do buy it on uniswap v1 for best prices atm. actual discussion happens in between pajeet posting. link is still a good buy but wait until next month, I don't know how much gains there are to be had within the next two years but it should at least 10x from here but I don't really see $100+ LINK happening anytime soon if BTC starts making it's run, last cycle BTC and every other alt in existence absolutely blew link out of the fucking water and LINK holders got cucked for nearly two years which is why they're so protective of it.

I don't know about any other alts like STA, ALG, etc etc though. I just pick what has the funniest memes and best tokenomics, and wait. PNK is likely the best potential even at current prices though

>> No.21656855

>>21656696
>>21656814
Oh right, RLC is probably tied close with PNK imo, mostly because of the low supply, Could see that doing a 10X easily

>> No.21656923

>>21654883
How do you know? I'm sure lots of people that made gains off of LINK made it their first investment.

>> No.21656985

>>21656754

I know, right? I'm glad I got in before it jumped ahead 10 dollars.

>> No.21657017
File: 26 KB, 598x574, 1581895559820.jpg [View same] [iqdb] [saucenao] [google]
21657017

>>21656754

>> No.21657038

>>21655757
>Paltry
You have 12k in LINK. That's an 11k profit. What are you complaining about?! You just got ELEVEN THOUSAND DOLLARS FOR FREE.

>> No.21657042

>>21651543
You dicked around instead accumulating, and have nothing substantial to hedge after all this time

I only put 5k into link 3 years back, now I’m diversifying that 100g. Making it isn’t just one trade or hold unless you’re lucky or have the vision to whale stack the right thing before everyone else

>> No.21657151

>>21651543
Investing 10 or 20gs in a good project, waiting two years to get a 100x is extremely fucking worth. Stop bitchin faggot. Fuck you.

>> No.21657192

>>21651594
fpbp

Also, op. I started with $500 years ago, my meager portfolio is shy of six figures but I’ve got a decent stack in stocks now, I’ve pulled out about $25k/year the past 2 years and I’ve had a lot of fun winning and losing some.

>> No.21657219

>>21657017
I was a destitutefag when Bitcoin became a thing. It wasn't even a consideration to purchase. And I simply wrote off crypto until this past week. To imagine the tens, maybe hundreds, of millions I've lost out on due to just not paying attention is an existential agony that's hard to describe.

>> No.21657299

>>21657219
i know that agony well, it's not something you'll ever forget either. Because I browsed this board back when ETH was $15 and planned on buying some. I didn't though, which is why I decided to go all in LINK. Even then when LINK was 20 cents I was too demoralized seeing the bear market thinking crypto was dead so I never researched anything. Didn't buy in until mainnet because I thought I still had time

>> No.21657414

>>21657219
Stop thinking about what you were late on. Start thinking about what you'll be early on.

>> No.21657625

>>21657299
>>21657414
Yeah. I need to do something. It's just paralyzing to think about. Still poor, though not as bad, and have that poverty/survival mindset. Hand-to-mouth instinct, not investment. I'll keep reading and researching. Though apparently Link is getting adopted broadly for infrastructure in October, so I want to be in by then.

>> No.21657645

>>21657219
This and with my shitty luck trying now will be a failure

>> No.21657670

>>21657625
just buy literally anything, even if it's an obvious scam just so you can shake off the first step syndrome. Might actually be for the best if you do get scammed on your first investment so you're used to losses and don't panic if an actual solid project does a -10%, which WILL happen to you one way or the other, it's just a matter of how you react to it.

>> No.21657721

OP are you ok.

>> No.21657746

>>21657670
I intentionally got my feet wet for the first time in the past few days with just $150 spread out across Etherium, XAMP, TOB, and a single Link, fully expecting to lose all of it. It's the leap from $150 fuck-around to 2K investment that puts my heart in my throat. You're probably right though.

I'm so new to this that I'm not sure where to store a serious investment. I've just been using MetaMask for my adventures so far, which is apparently unsuitable for long-term holding. But I couldn't tell you why.

>> No.21657773

>>21657625
I know how you feel. Just take the plunge. Take the risk. EVEN IF YOU FAIL YOU WILL BE STRONGER, WISER, AND SMARTER. The only way to break the poor mindset is to fucking BREAK IT

>> No.21657856

5x 500usd just 5 times...
>2.5k
>12.5k
>62.5k
>312.5k
>1.56mm
If you are poor and know about crypto you only have yourself to blame. How do you think most of us got six figure portfolios? It all started with that first $1 we put in. Let's say you only 5x it three times and then catch a link
>62.5k
>3,125,000.00
Stop crying and stop being poor, faggot.

>> No.21657924

>>21657746
Get a cheap laptop, wipe it. Make sure no foreign devices are connected to your network. Once you wipe it boot into safemode with networking and generate a fresh new wallet on MEWconnect. Immediately after generating your wallet write down the 24 word seed phrase on a piece of high quality paper with some form of pen that won't bleed. I sealed mine afterwards with acrylic paint in case of water damage. Put it in a bank vault or fireproof box.

Metamask is kind of risky, definitely don't store on exchanges in third world shitholes or china. For that matter don't store it on any exchange. If you absolutely have to store it on an exchange though use an entirely new email account dedicated for it, ENABLE WHITELISTED ADDRESSES, and a unique password. Don't use 2FA through your phone's texting feature, most major exchanges allow you to use a third party 2FA system, I prefer the google one myself.

I don't have any advice as far as losing your anxiety over large amounts of money other than this; unless you understand your investment, why it has value, and it's potential price in the future you will ALWAYS be nervous about it especially if it actually increases in value and you WILL sell at a loss. You have to be 100% convinced that over the course of time even if it takes 5 years you will make more of a return than stocks. Whales intentionally dump prices to take advantage of the mindset you have, it's the sole reason for doing it. The only person you can trust here is yourself and your own information collecting abilities

And for the love of god, never use stop losses and NEVER use leverage. Even if it's just 2-3x. good luck

>> No.21657962

>>21653503
have fun blowing your head off in a couple years if you think that's all there is to life ROFL!

>> No.21657970

>>21657924
Copying this entire post into a note for reference. Thank you, Anon.

>> No.21657988

>>21651543
Saying that gaining $15,000 using your phone is nothing is fucking retarded. Just 10 years ago making money off your phone was almost impossible. $15,000 is a lot of money to make off $500. Besides crypto, reselling shoes or stocks tell me another way you can make $15,000 off $500. If you think $15,000 is nothing then why would someone only invest $500? Look into stoicism and CBT because you need to change the way you think or else you'll never be happy.

>> No.21657999

>>21651543
reminder that karl shwab mentioned smartcontracts.com (link) in his book fourth industrial revolution (2016) sergey is speaking at the world economic forum this year.... was written in stone bitch NWO smart city dystopia incoming and youre not going to be part of the elite

>> No.21658089

>>21651647
>it takes money to make money
Shut up dumb nigger

>> No.21658149
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21658149

>Buy XOR when it cost $0.13
>Sell it 6 weeks later when it cost $130
>130/0.14 = 928x increase in 6 weeks
>if you invested 100 then in 6 weeks you have 92800

>> No.21658178

>>21655319
It’s almost impossible to get poorer over time unless you fall for the women and children memes.

1) earn salary/wage
2) save 10% and keep working until you’re old

Literally all you need to avoid penury in your old age. Yeah sure that’s not “making it” but hey get real that was never going to happen

>> No.21658183

>>21651543
>dude just hold 50 years and never sell

>> No.21658195

>>21657924
How is metamask risky?

>> No.21658212

>>21658178
This. I'm poor. But I'm less poor than I was a year ago. By the end of 2021 I'll be less poor than I am this year. Every year that goes by that I deny the vaginal Jew I get stronger.

>> No.21658342

>>21658195
Mostly just because retards will connect their wallet to shady sites and not pay attention to what's happening. I am pretty paranoid with my security, but I do keep seeing people talking about coins disappearing out of their metamask after clicking strange links. The obvious solution is of course to not go to strange places and connect your metamask to them in the first place but as far as I'm concerned I just avoid it. I'm sure there are probably ways for people to change quantities on you, change destination addresses, etc etc. If someone can remote into your PC if you're logged into metamask it doesn't ask for password confirmation for each transaction either. Maybe there are settings you can change but at the very least this is a default.

What I'm getting at is too many potential risks vs just getting a paper wallet

>> No.21658348

>>21658149
Damn life is basically RuneScape at that point

>> No.21658352

>>21651543
You had three years OP

>> No.21658404

>>21651543
If you invsted in 500 link years ago you spent $100 to get 15k

You greedy retard you deserve to be poor

>> No.21658430

>>21658348
Except its real
https://www.coingecko.com/en/coins/sora/usd

>> No.21658435

>>21658342
I feel like getting a ledger or trezor connected to your metamask solves most of those problems.

>> No.21658447

>>21658149
>just buy the ATL and sell the ATH
absolute newfags think like this

>> No.21658480

>>21658352
Nah I just came back 3 days ago

>> No.21658486

>>21651543
Ngmi

>> No.21658490

>>21658447
I mean he’s technically right even with error making 40-50k is awesome but investing thousands to make 15k is gay

>> No.21658494

>>21658435
It probably does, I've never used a hardware wallet myself. The ledger shitshow the other day made me glad I didn't buy one though. Last thing I need is a bunch of shitskins knowing I bought crypto a year ago and where I live

>> No.21658512

Think of this when you see someone with shiny shoes or a fancy car. That are the ones that ngmi. If you invest the same kind of money they spill you will make it. But it takes time my man. Don't be impatient.

>> No.21658561

>>21658447
look at the chart, it was sub 0.2 for a long time, not ATL, and it was above $100 for a while too, still good gains and much better than link in shorter time

>> No.21658598

>>21658490
No it isn't. This is why you are poor.

>> No.21658871

>>21651761
double your money by day trading and then use profits to invest in highly risky shitcoin

>> No.21658919
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21658919

I bought 5000 LINK in Nov'17 at like $0.20, but I was a major poorfag back then. Wish I had bought 20,000. But so be it. I know 5000 is enough for me. I just have to wait a year or so more than I intended.

I'm just glad biz stumbled across Sergey and AssBlaster convinced us all that it was our chance to get front row tickets at the 4th industrial revolution.

>> No.21658939

>>21658598
I’m not poor

>> No.21658953

>>21651543
You will never make it witth that attitude
Patience pays and times moves fast

>> No.21659036

>>21658953
I know just fuck I usually always just stumbled through life easy

>> No.21659046
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21659046

>>21651543
SHUT UP FAGGOT NOLINKERS LIKE YOU DESERVE THE ROPE
https://www.youtube.com/watch?v=MIyBFNjc1kY
ITS MONKEY SEASON $1000 EOM LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.21659072

>>21659046
I am a linker just a really really laughable amount

>> No.21659091

I invested 1200 USD in ICO now it's worth 180k kek

>> No.21659179

>>21659091
Proof

>> No.21659248

>>21651543
> He doesn’t play the Uniswap casino.
ngmi, unless rich like you said.

>> No.21659249
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21659249

>>21659179

>> No.21659308
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21659308

>>21651543
If 15k means nothing to you then why aren't you willing to invest it instead of the measly 500 bucks? I made it with 0 money, but I had to put in effort by developing altcoins to get my share. Invested my time and energy, made friends with crucial contacts and skills that benefit me.

>> No.21659382

>>21659308
It’s a good chunk of change but for 3 years plus money lost in other coins it’s shit

>> No.21659393

>>21651543
>invest $10k in shitcoins
>wait 3 years
>be millionaire
THERE'S NO GOD DAMN POINT

>> No.21659470

>>21659393
Yeah right dude

>> No.21659476

>>21651543

I'm sitting comfy on 60% profit over 2 years: and I'm a very bad trader. I don't know shit about anything, I just hodl shitcoins and hope they go up. That's still way better than what shares would give you on average.

We're still early. Anyone can make it if they just hodl and pick decent coins.

>> No.21659526

>>21659249
Dayum

>> No.21659643

>>21651543
Suterusu anon. Suterusu.

>> No.21659654

also lol if you think you can't do anything with $15K from a $500 investment. just find a 10x. then another 10x. it's that easy. Suterusu.

>> No.21659662
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21659662

>>21653035

>> No.21659700

>>21659470
>buy 79k link for $10k in september 2017
>wait 3 years
>sell 53k link in august 2020
>now have $1m and 26k link

>> No.21659728

>>21654870
For people in this situation, what is the best crypto in which to invest?

>> No.21659758

>>21655192
Indoor cats don't get it because they're not hunting wild animals and it's spread through poop contact.

>> No.21659764

>>21659700
Again only works if you make the perfect gamble and watch it go up and down sweating for 3 years. You’re literally using post pump clarity and making it sounds like child’s play. Look at how many people actually bought it in time and then sold at 2 dollars.

>> No.21659818

>>21659728
Trustswap it's pretty much the coin LINK was supposed to be except it'll grow in price and holders much quicker.

>> No.21660092

>>21659764
its not about post pump clarity or making the perfect gamble. its about you whining saying there is no point when there most definitly is
of course its not childs play and you need fucking iron fists

>> No.21660116

>>21660092
You actually did that?

>> No.21660265

>>21660116
no. i did not have $10k at the time
but i almost bought the bottom and have not sold yet

>> No.21660375

>>21651543
>Invest 500
>Get lucky
>Have 15,000
>Invest 15,000
>Get lucky
>Have 450,000

>> No.21660431

>>21651543
are you kidding me? I would love to pull 15 grand out of thin air. Wish I wasn't such a retard and knew about link earlier. I'm not letting it happen again

>> No.21660469

I put in £3,200 a couple of months ago and I already have £18,000, to a normal mentally sound person that is a lot of money and I can now move out of my parents house and put a deposit down on a house.
I'm not going to - it's going to be 150k soon when the retrace stops - but my point is you're an impatient, infantile cretin with no sense of the value of money. Go play fortnite or something if you expect to instantly make a fortune with zero effort

>> No.21660537

>>21660469
Fuck off european WE ALL WANT YOU USELESS ANGRY FUCKS TO DIE NO ONE CARES ABOUT YOUR 10000

>> No.21660694

>>21660469
How much is that in money?

>> No.21660711

>>21651696
This. 1k is fud

>> No.21660764
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21660764

>>21651761
>I have money but to scared

I'm the opposite, I've got 5k in savings and $130k holdings in LINK

>> No.21660891

>>21660764
Nice. I'm a similar ratio. Just switch your cash and LINK around. Nearly 10k in LINK. 10k in mutual funds (401k), and 125k in cash. Hoping my LINK Is worth 50k - 100k in the near future.

>> No.21661555

>>21660537
take your meds Mutt

>> No.21661610

yes thats how high risk high reward works. did you think it was suppose to be easy?

>> No.21661694

>>21651543
get a personal loan, tell them it's for a car, buy PNK with it, wait a year. personal loans they don't legally care what you do with it, it's your money, they just need to tick a box for application purposes

>> No.21661699

>>21651543
Do I have enough to make it.

>> No.21661778

>>21651723
/thread

>> No.21661784
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21661784

>>21651543
You are lucky today anon, with a 1000 in dusk today you will have 100K eoy. You might have even made it by eoy 2021.

How ever this is the last chance you got, I would say get in while you can.

>> No.21662208

>>21655319
If you lose all it actually counts as a tax credit and long term capital gains can be completely avoided if you don't take a lot out in a year

>> No.21662271

>>21660469
Hi mate. Just curious, are you also pissed that burger money is depreciating so badly lately? Keeps reducing link £value ffs

>> No.21662276

>>21651761
>I have money but to scared
Everyone is scared faggot. You think im not scared for putting my entire lifr savings in a fucking judge judy coin? Jesus fucking christ of course everyone is scared nigger thats what it takes to make it. Ironhanded hodl

>> No.21662294

>>21651543
It's already gaining steam. Don't miss out anon. Profit Farming is the next Uniswap GEM. I am in 2 eth.

https://uniswap.info/pair/0xe1d6d379607c640e027b54ff301fea34f1de532b

>> No.21662298

>>21662208
Not in US. Maximum 3k per year claimed but it does rollover to following years.

>> No.21662337

>>21660891
>and 125k in cash.
Holy shit youre a dumb nigger.
You know the feds are printing mor ethan ever right? Youre going to get fucked so hard by inflation.

Buy gold with it at least. Go to /pmg/ get yourself educated because youre going to lose all of it