/biz/ - Business & Finance

I'd cash out about 50k, go to Thailand to party with lady boys and inevitably die of an over dose.

>>23599801
Lol, I will consider it except for the ladiboi part

>>23599720
harvest.finance and stake it. You wont though

>>23599916
Of Trump wins and there is no ww3 on the horizon I might consider it, but like I said I’m not business savvy. Where would you take the money to harvest?

>>23599973
Watch a YouTube on how to use uniswap

>>23600005
Ok, I'll check it out

Btw my advice is to buy the actual $farm token and stake that. But you could stake the money as dollars like you say as well, probably easiest to get USDC from coinbase swapping 1:1 with usd

>>23600080
Not a coin savvy goy, but I will look into it
So the future is coin investment?

>>23599720
>wearing a dog collar
>wearing a cross
that's heresy

>>23600230
well she is a lost cause but i was hoping from advice even from coomers

>>23599916
that literally got hacked a few days ago.
>>23599720
Put 20% of your inheritance in BTC, ETH, XMR, and LINK. Do whatever you want with the rest of the money.

>>23600202
in my opinion now is a great time to buy about any crypto on the market, yes
>>23600260
So what dude its a 3% hack and everyone will be refunded. Now is the best time to get in imo while the normies are panicking and giving up cheap tokens for the best developers in the spaces project

>>23599720
she's so hot bros

>>23600304
op isn't trying to gamble on shitcoins with his money.

>>23600420
new paradigm. Butcoin maxis dont get it yet. Antifragile tokens are the future. Butcoin is fragile because it relies on new investors

>>23600420
so its a gamble after all?

>>23600420
and like i said he could also stake as dollars on harvest or yfi and get like 10% to live off too

>>23599720
You can’t live off that interest anymore...with inflation it’s nothing...you’re lucky if you can make 20/30k of that cash without touching the principal. If I had that amount of cash either A or B I would toss it into a combination of BTC and GBTC. Btc is for a rainy day and gBTC is for selling when you need a chunk after the next bull run.

>>23600441
Everything in life is a gamble. Obviously dont use all your funds. Go ahead and listen to boomers that stocks aren't a gamble and lose 80% there instead

>>23600491
>Go ahead and listen to boomers
I learned the hard way not to do that.
I didn't lose any money, but wasted years on a failed relationship thanks to shit advice from boomers

>>23600531
well you got my opinion. Im just 1 autist. Theres countless good tokens out there: yfi, ren, link, kleros, even uniswap

>>23600434
>>23600462
>putting your money on a platform which was already hacked.
Literally there has been like 3 hacks already that used the same trick like the bzx hack (using a flash loan to manipulate market prices). devs should have known better.
>>23600531
Buy these coins:
BTC
ETH
LINK
XMR
These coins are all solid investments and they all have over 2B market cap. Buy these coins and hold and you'll have a 10x in a few years.

>>23599973
We are in WW3 right now....it’s just starting, have you not been paying attention. We’re in a cyber and currency world war with China and Iran.

>>23599720
>Interest
consider living off divs on the $1 mill. You have to pay taxes on divs but it might still be enough to live on. I wouldnt put it all into one company, maybe 2 or 3.

>250k
I would invest that into a duplex/triplex and either live off the rent money (risky) or put the rent money into div stocks or gamble it on 2xs and 3xs if you can survive without that one rent payment.

>>23599720
id live off it and stop being a greedy entitled shit because you can easily live your whole life off just 1 mill alone, just you all are greedy shits who expect too much luxury and expense.

>>23600607
>btc
Oh look i guessed it. A btc maxi. Nope

Yea and your point is exactly why i have so much faith in $farm. It was a very minor hack that's after fixed definitely wont happen again. These devs are top notch and always have been. Oracle attacks only become relevant at a certain size and farm shouldve realized they were worth attacking sooner, thats really the only mistake. Theres no way they get hacked for say the full $400m their custodying as youre seemingly implying

>>23600694
>divs
Can you please explain what this is and how you'd do it? you can keep it brief and i'll look up the rest

>>23600694
you actually don't need to pay taxes on divs if you have no income.

https://www.investopedia.com/ask/answers/090415/dividend-income-taxable.asp

"Qualified dividends are tax-free for individuals in the 10% and 12% tax brackets (or those earning less than $39,375 per year). "

Would putting the 1.5 mil into SPHD be a good move? It pays 5% divvies right now, will that fluctuate over time?

>>23600749
fuck off
hacker could have stolen all $400 million but chose not to.
https://rekt.ghost.io/harvest-finance-rekt/

"However the hacker chose to stop after draining $25m or 17% of what was available in the FARM_USDT and FARM_USDC pools, although they could have easily continued to drain the entire pool for a total of $400m if they had so desired."

So it was worse than a few percent and the hacker could have taken all $400m with the same trick. nice smart contract security you got there.

>>23600812
lowest iq on biz. How will they steal the $400m when harvest already said their going to use LINK or a similar oracle

>>23599916
you fucking pajeets have no goddamn decency there’s a reason your country is disgusting stop trying to steal this man’s money you’re just going to lose it on some shitcoin anyways

Put some of it on interest bearing accounts to earn stablecoins at 8.5%+ APY. And put some on dividend paying stocks with strong stability (banks are good for this).

>>23600812
And no they wouldnt have been able to unless they launched the attack from multiple wallets if that would even work. They were limited by loan amount and tx speed

>>23600806
>SPHD
pretty good, but OP should strongly consider putting 10% in crypto. 10x in 4 years is pretty likely. with the rest of the money OP can probably buy real estate or put in dividend stocks and neet off the income.

>>23600851
devs fucked up once and left $400m on the table. why would i trust them with my money again you faggot.

>>23600870
imagine thinking this. I wish polsters with no biz knowledge would leave this board.
>EVERY DOT FINANCE IS A SCAM
>muh it held $1 billion means nothing

>>23600471
>gBTC is for selling when you need a chunk after the next bull run.
it's funny seeing all the noobs discover gbtc

>>23600897
then dont. More divs for the rest of us. Im dropping alpha. Not trying to get you to buy

>>23600900
your token has no utility or reason to exist it’s fucking useless it’s going to pump then dump immediately like every other one
have fun getting rugged for the 86th time queer bet you bought booba

>>23600966
good one greg maxwell. Go buy more of your ponzi bitcoin.
Im glad you arent buying my antifragile tokens yet. More for us.

When you actually have $1.5M, you’ll realise just how little it is. Even with current hyper inflation that won’t get you far, unless you live a poorfag and never want to have or raise a family.
Look into regan shadowstats and true inflation. You’ll need to earn around $890k/year in 2030 to live a middle class American lifestyle.

>>23600986
at the end of the day i’m still going to have air conditioning and you’re not

>>23600986
>Im glad you arent buying my antifragile tokens yet. More for us.
Why the fuck are you shilling it then retard
>>23601072
based

>>23601072
Im glad youre worried about me. Im so confident i quit work this year on far far far less money than even OP is talking about
>>23601100
I was helping OP. Not trying to convince you two btc maxi retards arguing with me

>>23599720
shameless bumperino

>>23599720
sauce?

>>23602475
sauce for pic is billie eilish

>>23600762
use screeners to find stocks that give big dividends. I know PPG and XOM are generous with divs. Your goal isnt to get a stock that will 2x or 3x like many other people, your goal is to hodl the stock and collect dividend payments.

the company will send you a dividend check every pay period, usually 6 months or a year and its normally a small percentage of the stock value itself. so the more stocks you have the bigger the div payment.

normally div payments per stock really arent much (1-4% on a stock thats $30 only gives you chump change), but when you dump over a million dollars into it, it adds up to a nice payment which you might be able to live on. DYOR very thoroughly before buying anything

also dont listen to the jews at the brokerage for advice

>>23602721
>DYOR very thoroughly before buying anything
>also dont listen to the jews at the brokerage for advice
Thanks, I'll keep this in mind.

All in hex 4thewin

>>23602880
So very based

>>23599720
>>>/mu/

>>23599720
Vanguard Target Retirement Income Fund