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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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22580078 No.22580078 [Reply] [Original]

>20yo
>have 19 000 LINKs(roughly $200k) and $10k in shitcoins
>feel like shit because my portfolio was over $350k some weeks ago
It feels like fall 2019 all over again. I'm not even sad about LINK dumping, but about my shitcoin portfolio getting absolutely fucked thanks to bzrx(got out at $0.47 at least after buying at $0.3). Now I hold some fucking Raris that just crab, some vybe that crabs and GHST which started crabbing and dumping right when I bought in. Ofc I bought YFI at $1k and sold at $7k. Shitcoin portfolio would be at $30k instead of $10k. It's all so fucking tiring. I need to move out, but I don't want to spend 10% of my stack on living expense plus I'd need to buy a car as well. Uni is probably gonna get harder in the coming weeks. The weather is constantly gray since late August and will continue to be so until May. Only thing good going on for me is that I'm going to the gym again. Only thing that makes me feel ok is a cigarette which I can't even smoke often because of parents. Worst thing is I'm complaining about my situation and feeling like shit when there are 40yo+ on here with $5k net worth. I just want this shitty feeling to end like fuck me stop this crabbening.

>> No.22580096

>>22580078
Its pumping right now!

>> No.22580127

Cool blog post, holden caufield

>> No.22580145
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22580145

>>22580078

>> No.22580147
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22580147

>>22580096
>up 3%

>> No.22580162

>>22580127
Fuck you Catcher in the Rye is a good book

>> No.22580202

LINK is a shitcoin

Sell your portfolio and invest in something lower-risk, and then get a real job too

>> No.22580214

>>22580162
I should read a book, but fucking hell my dopamines are recovering currently from all the shit that happened in August.

>> No.22580307

>>22580078
>>22580147
BINGO BONGO FAGGORONGO

>20 years old
>more real assets than 99% of the people in his age group will have by the time they hit 30

Why are you crying faggot, IQ is adjusted for age and "making it" is also adjusted for age. Merely calculating how much you'd make from crypto+working over the next 10 years you're already superior to your faggot classmates. Sure you can cry because Elon Musk has a hundred billion dollars, but that's retarded.

>> No.22580383
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22580383

>vybe
>rari
>bzrx

So you just buy coins when they get shilled on /biz/? The protip here is always "DYOR" which also means watching for new projects before they ever gain widespread notoriety. Buying in on day 2 (because day 1 might be a scam) and accumulating fat stacks months before /biz even realizes a coin exists is the only way to "make it". If you spend your time FOMOing on coins that are currently pumping you'll buy in when it's 80% done pumping, then it'll dump to 60% of its ATH and you'll be stuck holding shitcoins waiting for them to pump again so you can get out.

>> No.22580441

200k means a house
That means your about 20-30 years ahead of your peers
Take that time and don't wage in it, but do whatever you like.
Fuck Thots whose husband is wagecucking
Buy that Tesla cybertruck to piss off car fans
Rent that tractor and make a nice traffic jam just before wagies go to work
Travel to Philippines, have an army of mongrel children

Basically dude, you've already made it, now live it. You won't be young ever again.

T. 26 yo with only 70k in assets

>> No.22580449

>>22580078
idk did you get your free uni? Helps make things a little better

>> No.22580458
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22580458

>>22580214
Man I can't focus on anything anymore. I constantly switch back and forth between coinbase and blockfolio in between browsing biz and swiping on tinder. I can't focus on my school work and constantly feel on edge. Feels like I'm not even real. Idk what to do

>> No.22580501

>>22580441
lmao stay in the Philippines dude, $200K is peanuts in the real world. $5MM USD is 'making it' and that's just baseline. $10MM is just barely being rich, $25MM is rich to the point where things start getting interesting.

>> No.22580516

>>22580383
Yeah except that's how my shitcoin portfolio grew back in August. Bought YFI when it was shilled here. Bought bzrx when it was shilled here at $0.3. During a hype phase everything just pumps. Bought RARI at $3 and some more at $8. Bought vybe at $1.5, but only put in like $700. Back in July/August newly mentioned cryptos went 5x in a week. I'm currently trying to catch the NFT hype, but I'm not sure if it will even come. Market seems so fucking dead only btc doing it's yearly 5% pumping.

>> No.22580531

>>22580441
200k is half of a downpayment on a junior two bedroom condo. You are a liar. Cityfags literally need more than 2 million to outright buy a house. 1.6 million to mortgage yourself to the tits.

>> No.22580554

>>22580127
Phoney

>> No.22580663

>>22580441
I don't want some mediocre normie life surrounded by other mediocre normies. My kids will be going to private elite schools in swiss. That's like $70k per year. I'm gonna escape this dreadful poorfag class no matter how fucking shit I feel.
>>22580449
uni is free in my yuropoor country
>>22580458
you need to do a schedule when you can check your portfolio or better yet just set alerts if you are not actually trading shitcoins. Check in the morning once and then check in the evening. Check biz the same way as well, do it via catalog and scroll through it fast since it's mostly trash. No browsing before sleep and after just waking up. I need to do this all myself as well, but my shitcoins are making me stressful. Hopefully they pump 2x collectively and then I'll just buy more LINK with it and be done with this shit.

>> No.22580679

>>22580078
if you’re feeling like shit now pls livestream you roping yourself when your 19k links become $1900 dollars

>> No.22580691

>>22580078
Anon, I have a very sincere piece of advice for you.
350k.
700k.
1.2mm.

None of that is fundamentally going to chance the way you're feeling right now, the way you're talking. You're gonna have to find meaning from some other place frendo. Stop waiting to make it, because with your mindset you will unironically never make it and I do not mean to be snide here. See this as a wake-up call.

>> No.22580698

>>22580679
you had 3 years, reddit

>> No.22580741

>>22580078
hold you, you are telling us you lived through a previous bear market and didnt learn to protect your profit? HAHAHAHAHAHAHAHAHAHAHA fucking retard

>> No.22580757

>>22580663
If you only focus on material wealth you’ll never be happy, retard
You may live more comfortably but it doesn’t mean much if you live alone in a giant house with nobody caring about you.

>> No.22580779

>>22580691
I feel like I need to move out first so I can organize my life better. Currently I'm just gonna focus on uni until my portfolio is back at $350k at which case I'm gonna cash out $25k to move out for a year.

>> No.22580788

>>22580078

>and 10k in shitcoins

Protip: you’re all in shitcoins newfaggot

>> No.22580849

>>22580698
you had 3 weeks to sell, thanks for holding my bags faggot

>> No.22581017
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22581017

>>22580078
im 23 and i have 77.77 link and im happy. stop being a fag

>> No.22581079

>>22580078
I have only about $30K in savings and I'm immensely happy; sounds like you're just a huge faggot honestly.

>> No.22581385

>>22580779
If restrictions get lifted go on a trip over winter break. A month long trip to Europe from America would cost less than $2000. Explore cities, make friends, learn about history, there's plenty of things to do. Put your $ into something that you want to hold and don't check prices while on your trip.

>> No.22581479

>>22581385
>Traveling in winter to the northern hemisphere

Bro this is retarded, go to Europe in May-June so you beat the dog days of summer and the wave of vacationers in August but can, you know, actually see the sun and walk outside comfortably.

>> No.22581588

>>22580531
so don't live in an expensive urban shithole

>> No.22581640

>>22580202
>act like a boomer so you can be poor like me
Kys faggot LINK is going to $100 in 18 months or less

>> No.22581664

>>22581479
I've only been in spring so I'm not sure how the weather is in winter. I know that the weather in Ireland and Iceland doesn't change too much depending on the season. I'm sure Mediterranean areas would be warm enough to enjoy. Spain could be fun or Italy or even Greece. If you like winter you could go to Christmas markets in Germany or the baltic/nordic countries. I'm just trying to give some ideas to help

>> No.22581680

>>22580078
The literal state of biz skidds... thinking its going to keep going up forever and not correct. ...The state of biz investing and not understanding TA...

>> No.22582046

>>22580691
Hey some real advice on here. You should let the kid fuck off his 20's and figure that out on his own like a lot of us had to the hard way.

>> No.22582487

>>22580078
I'm 23 and my net worth is < 2k
Shut the fuck up

>> No.22582878

>>22580516
Put 10% back into $vybe and stake, we are all still making 1.3% a day and 70% of total supply is currently being staked. You could easily make 1000-1200 a day. And that doesnt take into account that vybe is going to go up at least 3x from here

>> No.22582898

>>22580307
It is a combination of a demotivation and greed thread. pump coming

>> No.22582939

what happened to the larp thread earlier? something about new bank announcements?

>> No.22582994

>>22580078
sick blog! can i subscribe?

>> No.22583040

>>22580078

Bro how are you handling your taxes?

>> No.22583079

>>22580078
Fuck off, retard. Not your blog.

>> No.22583081
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22583081

>>22582878
>1200 a day from staking

How the fuck does that even work?

>> No.22583208

>>22583081
Because the supply of coins is slowly increasing. Stakers are given a percentage of those new coins relative to how much they pool. It wont always be this high, its just that the project is so new and has less than 5 mil mc right now. They already have flashloans up and audit is currently being done on the DAO, all the devs funds are timelocked so cant get rugged and its being dev by Ty Schenk. Thats how its possible.

>> No.22583306
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22583306

>>22583081

>> No.22583329

>>22580441
>Rent that tractor and make a nice traffic jam just before wagies go to work

Top kek. I'm sure some autist will actually do something like this after making it

>> No.22583430

Bro here’s the pro tip - for someone to win someone has to lose be grateful because as long as we have a bull run remember to take profit and get that passive income coming in , otherwise you will be cucked for decades. Fuck that I’d rather rope

>> No.22583586

>yeet
>yfhv
My current 2 bets to x20

>> No.22584328

>>22580691
Might be the most based shit I've read