/biz/ - Business & Finance

Stop bragging faggot there are some people here who will never see 6 figs in their entire LIVES

>>23302104
sup lil bitch. remember me? I'm you in three-figure heaven. I just lamp, eat crisps and fuck tinder slags

>>23302104
Get comfy friend, you'll be here for a while

>>23302104
Is there a worst feeling in life than being stuck in the six digits limbo club? 2 years ago I was a complete poorfag and the thought of having such a networth seemed unattainable and amazing to me, but now that I'm there, I feel absolutely nothing. Going from 4 digits to 5 was very big for me, I did feel a genuine rush of emotions, amazement, excitement... even though it didn't really mean much, I finally knew what winning felt like. Being validated, being proven right. More than the money itself, it was the intellectual gratification of it. But once you're experienced that initial rush, what's next? Hit 6 digits like it was nothing, and while for most normies out there this would be a fantastic thing, I just feel utterly numb because to me it's just being stuck in the waiting room to 7 digits. It's an all or nothing. Call me greedy or call me dumb but I have zero interest in cashing in even a fraction of those 6 digits. Just like I was right 3 years ago, I know I'll be right again in the next few years. LINK is either going to 1000 or 0, there's no middle ground for me. I can lose it all tomorrow and I wouldn't feel sadness or regret. It's just the waiting that's killing me.

>>23302104
4 figure hell is even worse. briefly made it to 5 figures and was back down to 5k in a few days

>>23302104
i keep slipping between the 1 and 2 comma club
it doesnt get any better

>>23302104
I remember in 2017 seeing folio threads and being insanely jealous of everyone with 6 figures +. Sure it's not full make it, but you're very insulated against emergencies, and don't have to take anything like the same risks as 3 and 4 digit anons. Be grateful and remember how far you've come.

>>23302158
based norf zoomer

>>23302229
Wait, you're in the six digits but most of it is typed up in assets like LINK? I'm guessing you take some out over time?

Its not real, you've just become so mindfucked from being greedy and obsessively comparing yourself to other people that you've lost touch with reality

>>23302277
>Wait, you're in the six digits but most of it is typed up in assets like LINK?
Of course, how else? I never worked a day in my life.
>I'm guessing you take some out over time?
Oh no, never, it's all on a chink exchange.

>>23302262
>and don't have to take anything like the same risks as 3 and 4 digit anons.
this is the worst part. always shit you know is fucking retarded just so you can ride a quick 2x-5x.

>>23302318
always buying** shit

>>23302307
>it's all on a chink exchange.
Please for the love of god and the peace of my soul take it the fuck out into your own private wallet.

>>23302290
It's very real you poorfag

It's legitimately horrible my portfolio has fluctuated between about 350k and 120k this year and I'm on the verge of ending it

>>23302277

lol, why would you trade linkies for worthless dollars?

sergey solved oracle's problems, thue price can only go up in 2021. people are going to look back in disbelief. the next crypto to hit 20k will be link.

>>23302158
>Simple as

Can't believe I fell for this humble brag bullshit.

I lost $80k because I didn't sell my shitcoins before September. I got lucky, but now it'll be years before I see $100k again.

>>23302484
If you are trading from 4 figures to 5 figures and then to 6 figures and take NOT ONE out, you're a retard. I'm not saying capitulate. I'm saying don't live like an abject broke fuck when you have HUNDREDS OF THOUSANDS at your disposal. Live modestly

>>23302229
find a real purpose to your life

Money doesn't make you any less of a fag, fag.

>>23302229
Great men think alike, just like pic related had 2 millions and watched it fade away slowly over days imagine flushing 1 million dollars down the toilet

>>23302133
and why would I care, lol fucking soiboi

It truly is. A couple of months ago I hit 800k. Now back down to 400k. So close yet so far.

>>23302229
6 digits is middle-class, 7 digits is retirement, 8 digits is /made it/.

>>23302515

selling is exactly how you get yourself stuck at six figures, which isn't enough to make it. the dollar is about to get clubbed like a baby seal, you want to have everything in link to get to 8 or 9 digits.

>>23302591
This, $20 or $30k in cash does squat shit for me except afford a few nice vacations and that new couch I want. Holding for $10M or fucking BUST

Based hodlers keeping the price stable while I offloaded half my LINK at $18

>>23302626
Not cashing out doesn't mean HODLing one coin genius

>>23302257
I think once you hit $10M you can at least breathe a sigh of relief knowing that you have firmly made it. I personally will not be truly comfy until I can cash out $20M after taxes. Sadly that’s a long way out and might not happen for a decade or so. If you’re already sitting on 7 figures you should make it in the next 2-3 years.

>>23302653
See
>>23302229

>>23302158
Based

it truly is suffering. I got up to the 300s and am back in the 200s now and its T E D I O U S.

>>23302484
It only takes a bit a research to realise that this is real. I’m so fucking happy

>>23302484
>20k link
O man

>>23302104
I don't want to make it desu
That was never my intention going into crypto, at first it was just a realistic way to slowly make enough to pay off what debts I had which weren't much
Now the end goal is just 400,000 to pay off the house I grew up in so it stays in my family, my dad died from the Rona and I moved back in when my lease at my own place was up and started taking care of all the legal/financial shit my mom couldn't handle alone
My parents almost lost the house once when I was a kid and my dad took out a few mortages which may fuck my mom once things actually hit court in a few months
Making it for me would just be enough to pay off the house and live comfy for a short while so I can go back to wageslaving but this time be picky and get a job that actually appeals to my interests or start a business so it's fulfilling and not draining to work day to day

>>23302603
>>23302591
I just hope if you went from a 4-figure investment to a 6-figure one you take out SOME savings so you're not a broke bitch if it crashes

just wait till you fall back into 5 figures

>>23302756

you can hop on the linked train or stay poor, don't know what else to say man.

>>23302738
No one gives a fuck

>>23302603
>>23302591
It's called diversification you chimps. Convert it to stocks so that when crypto takes an unexpected dive you don't end up with $0.

I'm just entirely numb to it. Either my life outside of finance improves or I make it to 7 figures, being stuck in limbo feels like chinese water torture.

I'd rather have a wife and a home than be a millionaire if I had to pick, but the latter seems so much more attainable for some reason

>>23302804
Eh, if 6 figure hell is real, I figure it must be because someone's idea of making it being lambos and whores is unfulfilling
Like trannies putting all that work in to destroy their bodies beyond repair and beyond ever truly having a real orgasm ever again when they did so out of a desire to fullfill an ultimate superficial fetish, and it's probably why their suicide rates are so high
Just offering insight that your idea of making it in the end will feel worthless if your reasons for it are so empty and morally cheap

>>23302805

yeah, like i'm going to create a taxable event so that i can "diversify" into a worse asset, lol

genuinely curious for those in 6 digits--what was the size of your stack when you started? your initial investment into crypto

>>23302896
$500

>>23302484
The question is when. I think it’ll take many years to hit those numbers but I do think it’s possible. We’re still very early

>>23302896

3700

>>23302133
99% of ppl will never see it (not counting mortgage debt).

>>23302957
the fook. how?

>>23302738
Don’t sell all of your LINK fren, keep some for the long haul

>>23302896
Secondary question for the same folks, how long did it take you to build up to those 6 figures?

$300k here and i feel like trash. Can't wait for 7 figures frens.
>>23302896
$500

>>23303005
Went from $5K initial investment to $250K in about 15-16 months.

>>23302962
Most reached 6 figures thx to Link. Its over for us.

>>23302515
you will never make it to 6 figures much less make
it

>>23303005

3 years. I need like a 10x and I'm fucking set. I have enough LINK that if it hits $100 I sell half right then, buy a house for around $120K, refinance my student loans by borrowing against the house to nearly halve the interest rates, and live off of stable coin LPs, div stocks, and maybe a rental/reits. I ride the other half to 8 figures and then stake it. I could probably live strictly off of LPs but the risk might be too high.

>>23302896
to answer my own question and >>23303005
this one, i started with around 3500, whittled it down to around 1600, and am now a bit into six figures in about two and a half months

it's pretty crazy
it seems as long as you don't force opportunities your ability to make reliable money increases the more money you have, the market for some newer/smaller tokens start to move with you because you create those green candles

>>23302999
Checked, thank you frien

oi cunts, wouldn't having about $500k at 4% divdiend interest creat enough passive income to live per month
easy 2k a month never worry again

>>23302229
This feeling is even worse at 1-2 million. Not quite enough to retire...

>>23302229
same exact story here to a T

>>23302229
exactly my situation

>>23303077
No shit, mate. See >>23302158
But I'm actually becoming 4 figs tonight via AXIA

I tasted 6 figs then got rekt well below back to 5 figs. Honestly 6 is enough for me to do most of what ai want. But now the market is in bad shape so I'm playing it safe.

>>23302290
"muh muh muh look at meeee, Im a poorfag brainlet that cant understand the complexities of the human psyche when faced with success."

Winning can suck just as much as losing, dipshit. Its a different priority set.

>>23302861
Fuck bro, chill. You might actually make the fucker an hero with that kind of talk.

Any 6 figure rich fag here wanna share his etherscan adresse so i can surf his waves? Fucking tired of the 4 figure Tartarus.

>>23302104
It’s not awful. I’m gonna go grab an mba and socialize with Normies now that I have money. Get me a undergrad girl to bang. Life be good

>>23302756
Why do you assume I'm a broke bitch otherwise? I have a good job, and played $10k of money from college summer jobs into $300k. I don't need to sell any small increments, as it would not improve my life in any meaningful way.
>>23302880
lmao this. I'd lose half of it if I did what >>23302805 is proposing
>>23302896
About $5k initially and another $5k over three months
>>23303005
8 months roughly, but it seems like it'll be another 90 months to get to 7 figures. It's intolerable to leave money on the table for that long, but I must
>>23303589
$500 a week is not acceptable breh
>>23303617
I'll not only retire at $1M, but I'll still keep half of it in crypto. If I have to go back to work, I have to go back to work. Better than waiting till it might happen

7 figure hell is worse. now you actually have enough money to worry and cope about the possibility of losing it all but you still don't have enough money to retire.

My biggest issue is to decide what to do during the next bull run.
If it deflates like BTC did in 2018 I may go back to 6 figures for 4 more years, which would drive me insane.
If I sell some I may sell too soon and always think back what if I hadn't sold early...

>>23304062
>you still don't have enough money to retire
Why not? I never understood this. Take out $200k to not work for a few years, and try to parlay $800k into more. Who knows? You'll probably even be successful.

Waiting to retire when you've built your full nest egg is for cucks

>>23304062
How do you not have enough money to retire at 7 figures?

>>23302104
For real, getting stuck in 6 figures is depressing as fuck.

>>23302559
I hit $1.2M 2 months ago and now am at $100k. Try that.

>>23304224
how

>>23304302
this. fucking how?
i feel like posts like that are a psyop to stop bizraelies from hodling till they're rich

>>23304302
Was at $800k with Chainlink and leveraged it so I can finally retire. Was up then liquidated when Link dumped. Trust me, there's always worse. Thought about killing myself.

>>23304328
If I could give advice i would say HODL!!! Don't leverage or play with aave. The (((house))) always wins.

>>23304330
bulls make money, bears make money
pigs get slaughtered

>>23304330
So you leveraged until you had $3M? I don't get it. And I don't believe you. $800k is plenty, you only collateralize at most 5% of your stack. Hell, $800 and one 2x is enough. Your story smells. I expect you are probably a kike trying to discourage others from keeping large amounts of cash in play.

>>23304347
I'm on Aave with a health score of ~4. I don't understand why you'd leverage a million dollars with less than a 3 in health score.

>>23302680
Are you retarded... with 90% crypto dips this puts you still back at a shit 1MM which is still not make it territory.

>>23304358
I leveraged and was up to $1.2M. Then instead of cashing out I wanted more. Was gonna retire at $2M. Thought I'd reach it. Instead Link decided to go from $20 to $9. Got liquidated on my longs on Binance and I had taken out loan on aave to get more Link which that got liquidated too. Went from 33k stack that I held for 3 years to 48k stack to 0.
>>23304374
Because I'm a dumbass.

>>23304416
Damn dude I’m sorry. You thought me a lesson though.

>>23304375
>LINK
>90% dip
not happening you stupid kike

>>23302104
Don't worry, 3-figure hell isn't much better. You have to be extremely careful. There's no risk management, only going all-in and praying for a x2 not to get raped by various fees. It's pure hell not knowing what to invest in

>>23304330
What were you shooting for? God damn that’s unimaginable greed anon. You would have made $50M no problem this decade how the fuck was that not enough

Wish I was in your hell OP :(

>>23304584
Thanks anon. It is what it is. I could have been living in my own house finally but instead I'm renting a room from a guy from church. Literally rock bottom. Feels bad desu

>>23304659
I just don't want to wageslave anymore. I was shooting for $2M so I can get a house and just get a part-time job in a small rural town. I almost reached it. Link was my ticket out of this hell. Now being 3 years early has left me with literally nothing.

>>23304793
This im a fucking loser compared to the golden handcuff wagie.

>>23302896
17k usd in link got me about 50k, I guess it took about a year. Would have about thrice that but decided to get my bachelor's while working without loans ($15k)and met my now wife and spent a lot of money on gifts and long distance simping. Was depressing to touch 1.3mm only to see it fall to less than half that. It was just a tease of things to come. Like Kek was telling me you just think that's a little money, wait till you see what's really coming. It was said before at $10 it's proof you were right and you'd be fucking retarded to even think about touching it. Going from 10 to 100 is nothing compared to the challenge of hitting $1. At $4 you could kind of see it but there's still the devil whispering in your ear. $10 was affirmation.

>>23304859
I don’t understand, how did you not have massive amounts of anxiety risking all of your stack like that? My brain literally floods with fear whenever I think of swinging even 5% of my stack and losing it. You knew you were guaranteed to be so fucking rich in a few short years and you knew that if you lost everything you’d be fucked. It’s truly alien to me man.

Hopefully you can still get at least 1K Linkies but now you’ll have to wait a god damn eternity to make it unless there’s another BTC/ETH/LINK coming down the line. I’d watch biz like a hawk for the next several years if I were you.

>>23302104
Kek yeh

>>23304911
>It was said before at $10 it's proof you were right and you'd be fucking retarded to even think about touching it. Going from 10 to 100 is nothing compared to the challenge of hitting $1. At $4 you could kind of see it but there's still the devil whispering in your ear. $10 was affirmation.
Exactly this. Every single dollar I get will go into Chainlink at this point. It’s unironically safer than stonks and even hodling cash

>>23302104
7 figures here, nothing changes believe me

>>23304995
My life is worthless. I have 0 risk aversion because I stopped caring long ago. My mom died last year and that was just the last straw. I'm alone and I was just done with everything. Got laid off due to covid and thought this was my last chance.

>>23305156
you’ve still got 100k, never trade leverage or you’ll be down to 0, you can still make it with btc, eth and dot you’ve just added another 4-5 years to your wait

>>23305223
Don't forget Luigi

>>23305223
I have it locked in a staking coin right now. I'd laugh if that dumps too. Just gonna wageslave away and hope that gets me somewhere.

>>23305278
so you’re still taking huge risks, which can work out 9/10 times and you still lose everything on the tenth. you’re gonna get rekt anon

>>23305391
I don't think I can do a lot with 100k in BTC. I don't know anon. I just don't know anymore.

>>23305408
at ~10k which we’re heading to after elections you’ll have 10 btc, you buy half in eth half in btc and you forget about it for 4 years, boom made back to where you were but you work on yourself during that time maybe you’ll come to enjoy the trip. Cause millions or jot ain’t changing shit if you’re unhappy now any pleasure and relief you get from money is brief, you feel less stress on one hand with no work, then on the other you have more time to destroy yourself and think of all the things that make you depressed. Trading these scams you’ll lose it all, I know this cause I had 3800 btc in 2013 and I lost over half my stack messing around, margin, dice, scams . We all wanna make it quicker, we optimise our portfolios, when all we really needed was time in the market. the best performing portfolios are from dead people, who couldn’t fuck around with their holdings. Get hobbies, money really ain’t shit and I got 8 figures and I’m less happy now then when I’d have $10 in the bank as I relate to people even less

I keep 7 figures in crypto and sleep easy, early on I was nervous making mistakes trading and all that bullshit but now I know it trends up, it’s the emotional unstable lads that lose

Wait until you hit 7 digits and then realize you're still nowhere near made-it status and you'll be a wagie forever

>>23302257
iktfb

>>23305526
Congrats, anon. You sound like you've made it. I know money won't make me happy. I've already decided happiness doesn't exist. I want to have money so I can live inawoods with some land to raise farm animals. I'm probably going to be alone rest of my life. I've accepted it. I just don't want to be going in to work 60+ hours a week to make a meager salary. It's demoralizing and demeaning. It chips away at my soul everyday. I'd rather be taken by the Lord already.

>>23303078
>buy a house for around $120K
where fucking fuck do you live where you can buy a house for $120k? Starter houses are $300k here.

>>23303617
It's plenty to retire if you know what you're doing.

>>23305737
It really isn’t unless you want to live a lower middle class lifestyle for the rest of your life or else wagecuck

>>23305571
With this amount to invest in real estate you can make $5k-10k/month just landlording. Not retirment but easy life.

>>23305526
>I know this cause I had 3800 btc in 2013
Wew

>>23305718

Ohio and surprisingly the nicer areas too although that is the low end. I could get half an acre plus a normal home for that much. 300-400K would get me something incredibly upscale.

>>23305762
Or, you know, just use 80% of your mil to reinvest, and 200k to keep you on your feet till your investments starting yielding. Like any non-retard

The 5 figures is bad too

>>23307104
BRO, YOU DON'T GO FUCKING TELLING PEOPLE
Niggers stay out

Not if you own CORE

>>23307115
i'd just stick it in at&t and live off dividends.

>>23307131

You have a point. Its like the best kept secret that I'll keep to myself now

>>23302587
>6 digits is middle-class, 7 digits is retirement, 8 digits is /made it/.
This is the simple truth of the matter. If you are looking for a life changing amount of money, 6 figures is not it. That's why people who make that much feel even more restless. Because they realise that it's just not enough to retire on. Low 7 figures is retirement, high 7 figures it is "made it". Good luck.

>>23302880
go all-in on TQQQ if you're not a faggot ass pussy

>>23307164
This I dunno how anyone thinks they can /retire/ on 1M in a western country, what’s that renting and then living like a bum For a decade or so until inflation cucks you completely? 3M in a western country and you’re quite comfy, 10M+ and you can retire young

>>23302896
7500 USD

>>23307375
For me personally the number is 6-10m. But I know people who have "retired" with 1mil. There are European cities in which 30k per year is decent money. Also, keep in mind that "retirement" doesn't necessarily mean being a waste of space for the next 40 years. At some point, maybe 5, maybe 10 years from now you will create something of value simply because you are not a useless piece of shit.

>>23307115
And then what faggot? A lower middle class lifestyle of $50K-$75K a year to beat inflation, exactly like I said? Learn how to fucking read you dogbrain

went from 20k to 200k thanks to link. Got extremely scared. Nightmares etc and sold it all at 16. In cash ever since. Quite lucky i must say.

Not sure what to do now.

>>23307824
Good move but I don’t think you know what you’re holding if you are going to at least buy back your original stack around half price.

>>23307894
*aren't

>>23302559
Same. Saw $800k briefly, then down again to 450 within days. I will not lie, it bites.

How to do it:

When investments hit 6 figures, say 400k. Cash out. Pay tax. Reinvest minimum. 32 eth, a few btc. Wait for dump/crash.
Reinvest the rest . Wait.

>>23302842
in the current age, it is literally easier to become a millionaire then meet someone that sincerely loves you.

>>23302229
That's the irony of life. Many successfags will pretend they would never trade for a life that pays less, but is filled with happiness, but when no one is looking and social circles are taken out of the equation, 99% of people would trade places with someone who is truly happy and fulfilled over someone who is successful and empty. It's never enough. You could hit 7 figures and you'll want 8; you'll then be chasing 9, you have to accept yourself and be happy right now. If you don't, you'll be torturing yourself for the rest of your life.

>>23302896
5000 AUD 2 years ago on chainlink. Earlier this year i had half a million dollars based off that initial investment. now i have a quarter of that.

Its enough to buy a badly maintained house in a bad area outright. Something people my age will likely not have the opportunity to do, my cohort will become eternal renters. I have the oppurtunity to be the exception. However, this would mean throwing away my ticket at true freedom, not restrained by needing to work to survive.

I no longer wish to be a Helot.

I will either be free, or i will die.

>>23302229
You will care when the value slowly bleeds down. “Why didn’t I just put it into btc & eth instead?”

>>23307941
Based eckhart

>>23302104
Does anyone have the video this screenshot is from?

>>23302861
Where the fuck do trannies come, you bible-thumbing boomer?

>>23305408
If you have 100k you can just buy 10k linkies put it in a wallet and just wait?

>>23307941
money not giving happiness is not a meme and anyone with a bit of brain knows this, its what you do with it. if you just chase more money, you’ll be miserable, if you scroll 4chan alone in a big mansion, you’ll be as miserable as you were in the basement. For me more money is a way to spend more time with close ones, do all the fun shit i always wanted to but couldnt afford and seeing every place this world has to offer from north pole to sahara

>>23302104
What do you mean anon just go all in on something that'll 10x

>>23304136
5% annual returns on 10mm is only 500k a year. Property tax on my mansion will eat up half of that alone, a new lambo every year is at a minimum another 150k, which leaves me only 100k for fine dining, world trips, and top-class escorts. 7-figures is nothing unless it's a high 7-figures. I guess 75mm would be enough, though borderline.

>>23302896
7k in 2018

>>23308135
stop larping you're fucking cringe
>hurr durr lambo
People with shit taste should be forbidden to get any money, you should be a fucking slave running in a wheel to produce the electricity for a bitcoin mine to function you fucking degenerate

>>23302738
>fuck my mom

>>23307926
That's bullshit, anon. I met my wife and we now have kids. But I can tell you, the reality of having family is nothing like your retarded dreams. You literally have no time for anything but kids, work, keeping the house in order. Even if you make it, someone had to get up every morning at 06:30 to get the kids to school. Think you still have a great sex life? With knew or two partners constantly tired, forget about that

>>23308116
Glad to see someone gets it, making memories and having fun with a balance of ambition and success is all that matters.

How do I get out of 5 figure hell when I got back into crypto in August and everything is just bleeding when btc dumps every two days.

>>23308155
if he puts it on some tracks regularly it may be worth it, but who am i kidding

>all these soulless fuck saying I will feel the same at 7 or 8 digits
no I won't, the only thing I want is to be able to have enough money to never work again and rather just focus on my passion/interest instead

I don't give a fuck about any soulless empty instagram mansion/lambo/yacht, I just want to be free

>>23307375
Just move to Latvia and you can retire on 500k

>>23305762
>>23307699
>muh middle class lifestyle
buying a lambo won't make you happy faggot, learn to live frugally

>>23305526
Could you give some tips to us on your experience of making it?
Did you find a way to make new rich friends?
Was it hard to stop wage slaving?
How did you decide where to live?
Are there some kind of holding or tax optimizations we can use to make our tax reports and accounting easier if we want to travel for a few years after making it?

>>23308977
This. Give me hut on the beach and I'll be content as long as I don't have to worry about paying rent.

>>23302104
3 figure hell is worse, suck a dick faggot

>>23302229
i just made it to 7 digits this year due to the link run and it wears off just as quickly. once it initially it happened it felt good to tell yourself you are a millionaire and i also then became very paranoid of anyone finding out. Now i've mellowed out and it just feels like im waiting for mid 7 digits or possibly 8 digits before i can finally call it quits and begin my "new life". i still live with my parents, sleep in the basement, and want to buy a house and obviously have the means to, but feel if i do cash out it will take so much longer to reach that goal. like some anon said yesterday, i've created my own prison.

>>23302277
> typed up

>>23310056
How long have you been in crypto mate?

>>23302104
stop focusing on your net worth and focus on the information in front of you and most valuable to you

>>23310383
3 months

>>23307104
>>23307131
Yeah dude, stfu. Im trying to buy more rental real estate here for cheap before more coastfaggots move in as NY and CA collapse

>>23310687
You should pretend to be a girl online for horny simps. Easy $300/day

>>23302732
20k is fud, 81k is the end goal.

>>23310687
Sucks to be you

"6 figures" is really a dumb term. If you make just $100k then you have "6 figures," but that is below average income. If you are in college still or haven't started your family, then $100k might seem like a lot, but really you need 300-400k/year to really get the stereotypical "middle class" lifestyle of a house in the suburbs of a decent city.

The reality is the government incentivized to massively understate the typical income to try to make poor people think they are not poor. That is why kids think 50-60k is a normal income, and it was in like the 90s, but in reality if you are making less than "6 figures" in 2020 then you are actually really poor these days.

>>23309924
there was unironically a guy in Germany, that made a hut in the woods and lived there, he made money selling survival/exit from society courses (Aussteigerkurse) and the owner of the wood was fine with it.

One day authorities arrived and told him he can't live there and has to leave, because his hut violated construction norms and his shack was built on land that was not dedicated for construction.
Europe, day by day seems like a dystopia

>>23302229
>Hit 6 digits like it was nothing, and while for most normies out there this would be a fantastic thing, I just feel utterly numb because to me it's just being stuck in the waiting room to 7 digits.
I felt this way in 2017. Cash out now.

>>23311104
>but really you need 300-400k/year to really get the stereotypical "middle class" lifestyle of a house in the suburbs of a decent city.
That's like 1% of all earners.

>>23310210
Good luck anon. Thats some resolve living with your parents and having a 7 figure stack
I have mid 6 figure and live in the cheapest apartment and have a car that complete junk. my dad is basically only one who knows about my crypto. But even he gets boomer ideas "why don't you buy a nice truck" or "buy a nice house"
Fuck that shit I want to buy freedom for the rest of my life.

>>23304357
*snib* crabs make money too *snib*

>>23307104
isn't ohio infested with somalis?

>>23311393
He can fuck off to poland if he doesnt want to follow the laws here

>>23308366
And yet you have time to shitpost here. Our generation is just spoiled. It can't be that bad. My grandparents had like 15 kids.

5 figure hell is worse. You're right in between 4 figures and six figures. 4 figures is FINANCIAL RUIN while six figures is a significant amount of money most people will never have in assets in a short amount of time. If you have six figs and drop to 5, you still have a good chunk of cash. Years worth of salary in coins. If you drop to 4 figs from 5 then you pretty much just get depressed

I’ve doubled my poorfag 4digit investment (it tripled at one point), hitting a few 2x, a few 5x, and a few losses that balanced it all out.
How the FUCK do I get to where I can complain about 6figures? I got rugpulled a few weeks ago and haven’t touched my wallet since.

>>23308366
How can you consider making it and sending your children to an indoctrination center designed with a prison's concept?

School is only good at making children getting used to be a slave by making them learn to have the same schedule as a wage slave while intoxicating their minds constantly when they are their weakest and unable to protect themselves.

>>23308135
>mansion
Ohhhhh, so you're one of those idiots whose going to blow your money all on dumb shit for status signalling bs
If you didn't do that, you would absolutely have enough

>6 figures after taxes and shit
>Cash out
>Get 3 apartments (300k) for one
>rent 2 of those for passive income and live in the third one
>still 100k left in your bank account for emergencies or spending it on some dumb shit.
>enjoy your Hobbies, get educated in something that interests you(not because of money)
>travel, fuck bitches, maybe get a part time job if you get bored, but just for fun and a little bit of extra income.

Basically live the rest of your live like you are a 5 year old again, except better because you have wisdom of an adult and all free time of a kid and you can do whatever you want.
The only concern would be trying to stay healthy as Long as possible, so you can fuck system and milk that cow for a long time(which shouodn't be too hard considering that you don't have to sell your body wageslaving)

>>23303651
Dem feels. Had 180k at my peak now I got rekt back to 80k

>>23307962
This is the only option. Few people I know own a house and have a significant holding. 25 year mortgage and other debt. It will never end for them. Some are happy. Others are just going through the motions

>>23311736
Mostly just native niggers but a lot of them, although immigration has skyrocketed from what it was over the past few years, not to mention there's also actual white trash on opiates and heroin or just raging alcoholics everywhere too, there used to be a decent amount of jobs here but when all the factories closed down and sent those jobs to China the local economy pretty much went to shit and so did all of the people
They don't call it stuck in Ohio as just a snappy catch phrase, this place is an emotional and financial black hole
Property values are low for a reason, now stay out

>>23312117
Great fucking idea.
Basically I hope Link will help me to achieve this within the next 2-3 years. If staking has a good APY and link price is higher, one could also keep link and invest into stocks/apartments with the generated cashflow.
But basically yeah, having time on your hands while being financially independent sounds good to me.

>>23311982
buy good projects and hold for a long ass time

Was in 6 figure hell for three years. Lemme tell you, 7 figure hell is even worse. I'm constantly fucking stressing day in and day out whether I'm gonna dip back into 6. Low 7 gives me this unease, you know the higher you are the harder you will fall. I've also been exposed to certain nicities, where it's is fkin close yet so fkin far. The jump to the next million is just so difficult. I also don't have any plans to cash out a significant amount till I hit at least 6 million. I think then I can relax. Till then. It's another night in the trap. Mining shitcoins (VALUE) holding LINK, ETH and LINKPool and the occasional other high APY shitcoin. Life is stress boyo. I was having more fun chasing moon missions when I was in the 5 digit club playing video all the time.

>>23312271
nice fud. still buying in.

>>23312605
In your situation I would just go all in link and find a job or hobby that you do most of the day. You try to influence things you have no control over. Also if you hold 7 figs in link you should know the scope of the project and how everything else is just noise.

>>23312709
>he think it's fud
You've been warned nigger

>>23312767
+stake some on uniswap which is a little lift

>>23312767
I've tried getting the shittest jobs. Toilet clean, ambulance shit cleaner, McDonald's worker. Just to fill the time. I can't even get those. My CV has nothing for 25 years. Not a single job. But yes I try to keep busy otherwise I end up driving myself crazy. I have to do the other stuff because it covers my living cost and I don't want to take any out of link.

>>23312840
Uniswap APY is a little low for the moment. I'd prefer to mine something relatively safe at at least 100% APY.

>>23302587
>7 digits is retirement
Maybe above $4,000,000 yes, but below that you can't really make sizable-enough passive income to retire early

>>23312920
you don't seem to be from the us. if thats the case just cash out and invest into coke, hoockers and mansions.

>>23312921
Just to clarify something btw.

If you have a stable job, having 7 figure in savings is DEFINITELY retirement.

If you're a NEET loser like me who has no further prospect. You're gonna need a little more buddeh.

Cardboard box or yacht and nowhere in between.

>>23302104
i make $69k. i need to make about $110k/year to live a comfortable life because i live an overpriced nigger shithole.

i should have done comp sci instead of accounting. i'm 2.5 years deep and it'll take me another 4-5 years to reach $110k assuming i don't fuck up my """career.""" i could have made $110k with like 2 years of experience in software.

>>23302104
was around $500k a few months ago and now im back down to $80k
never wanted to kill myself more than now.

>>23311759
sounds like a typical German wagie happy to be 8n his cagie

>>23302559
>>23307919
idk why you guys invest most your assets in shitcoins.

im nearing 800k and im mostly in boomer index funds. feels good knowing i wont lose all my shit

>>23302515
Never gonn make it and it clear as day.

>>23302229
>>23302104

>>23302738
Hey man you do you bro everyone’s on their own path. It’s nice to see the biz delusions not get to someone’s head. You seem very humble bro. You’ll get there. Also rip to your old man. >>23302804
Shut up retardant stop projecting your own unhappiness.

ITT:

Anons who have totally lost touch with actual reality

>>23302738
>my dad died from the Rona

how did your dad die from a fake virus? i'm not falling for your psy-op hoax, jew.

>>23314892
I personally know 3 people that got it, schizo

>>23314504
The house of cards fud scares me. So you own a piece of a basket filled with stocks. Not the actual stocks, not the shit the companies own, not even the product or services the company makes money from. Everyone is buying them because number go up. What happens when everyone decides to start drawing in their retirement? Even clueless 401k/403b wages own this kind of shit and don't know it.
With btc or eth I own that piece of the network, and it's undeniably true, set in stone, and all can see and recognize that I own it. ETFs aren't derivatives but they are a basket of stonks, definition of derivative is: bla bla value is based on price of another asset. It's the average of all the different stonks in the basket right? I probably don't understand because brainlet but it seems a little too convenient yeah bro just literally buy all the stonks and you will get market average returns. Maybe it really is that easy but I'm afraid of the price of say VTSAX and the average price of the fractional shares somehow becoming uncoupled in which case it becomes worthless because obviously you'd rather hold the company than the basket. I probably sound like the millennial version of muh worthless fiat gold and silver is real value. I came into the workforce right around the time of the housing market crash and that was my introduction to economy, the foundation itself was rotten. The trustless and decentralized nature of shitcoins speaks to me and my innate distrust of the fat cats that I feel have fucked me over with their financial games of chicken. I have to know it's something real. We may have bounced back but I don't want to expose myself to the risk of AAAAAAA+++ S class platinum edition bullet proof safe investments when your credit rating as a big Corp has nothing to do with assets, liabilities, or whatever, instead just on finding the right dick to suck.

>>23315011
>I personally know 3 people that got it, schizo

yeah, sure. of course you do. jew.

>>23302896
around 35k principal, the 6 figs gains were on 4k guess the coin.

>>23307699
Then... you turn the $800k in $20M within 10-15 years, and learn to live off $100k / year for less than a decade. Not a big deal.

>>23315011
No. They got tested and it came back positive. Testing positive for covid means nothing.

>>23302506
yes yes, last time I had 100k and didn't sell I said to myself "nex time I have 100k I'll sell"
Guess what, I didn't, and you won't either.

>>23304605
at least you can just take a job and make back your stack in a few days

>>23302229
>I can lose it all tomorrow and I wouldn't feel sadness or regret.
there will be a little regret.
I know what you are saying, I have said this exact same thing out loud, but I have lost some paper gains and it def hurts still.

>>23304062
Bro upper 6 figures is enough to retire. Just make some safe investments and you're set for life.

>>23302158

Based

>>23302307

Kek, based. Don’t listen to walletfags but store some on coinbase it has the best security and insurance and based Armstrong told all the sjws in his company to get fucked

>>23315018
in theory you are right, but its not just a basket and the average of stocks, assuming we are talking of funds that own their assets and aren't swap based.

Vanguard for example owns the 500 stocks that are listed in the sp500 with the weightings of the sp500, every time some buys a "share" of the fund they go out and buy the shares according to the sp500 and add it to the fund, all issued shares of the fund represent all the assets owned in it.
If you multipy all issued shares * price that usually equates to the book value of the assets of the fund, with that said that can slightly diverge if the marketmakers don't do their job properly.