/biz/ - Business & Finance

>trading in an appreciating asset for one of the most quickly depreciating assets that exists
>it's fucking parked on grass

Kek, I love these posts

>porsche boxster
He was ngmi anyways

he has something physical
you morons just "own" electricity stored as numbers
he's a winner

If he's comfortably retired for life, then good for him. If not, pure cringe.

>>23789128
What has the surface it's parked on to do with the price of cheese?

>>23788762
>no driveway
>house looks small
>posted by crypthomie
maybe hes hispanic

>>23788762
fine decision if he still has 10+ bitcoins remaining desu.

Why is there such a massive number of used Porsches on the market? You can find thousands of them with less than 100k miles on them for some reason. Are these things just that shitty of a car to maintain when it gets over 50k miles?

>>23788762
If it makes him happy that is fine, Bitcoin is money right? What is wrong with using your money to buy a nice car?

Imagine if you only have a few years left to live? Would you care that your bitcoin could double next year and hodl it instead of enjoying what it can buy right now?

Me personally I have alot of life left to live and I want to spend it doing what I enjoy and not working so I would rather just keep my money in the crypto market on blockfi earning interest or in coins like LINK to make a super natural return.

>>23789178
This. Not even a Porsche.

buying luxury cars is so fucking retarded but I'm poor so what do I care

>100 or 200k car (i have no clue)
>lives in the ghetto (shitty house, untrimmed trees, unmanicured lawn, etc.)
>doesnt even have a driveway
kek

>>23788762
>boxster

>>23789227
Great engine surrounded by absolute dogshtit everything else. Personally I don't care about any car until Tesla gets to the point where I can comfortably sleep in a car and travel 8 hours overnight. It'll be damn near teleporting.

>Vacation spot is 14 hours away
>Get in car late at night
>Play vidya, fap, watch movies
>take a big sleep
Wake up there. No sitting next to an indian brap hog for 16 hours on a flying death can.

>>23789268
what is wrong with it? what would you buy?

>>23789308

My freedom. Lmao. I have like 225K in crypto right now and the thought of buying a car is physically painful. I'm so close to absolute freedom I need like a 10-15x and with my lifestyle I'm fucking set. Hell this next bull cycle I could get a 30x or more possibly. If I can fully retire by 31 I might actually cry. I just turned 30.

>>23789128
whats the point of having all the money saved up if he wont use it

>>23789308
It's basically Porsche's lowest model. Even a Cayman can be arguably better. But a boxster?

That's almost like buying a Lamborghini toilet seat.

>>23789370
ive been wondering. how do I cash out my crypto for actual money? crypto is nice and all but i cant use it

>>23789370
I agree with you but hey, its not your life. You dont know that this guy doesnt have 10-20 more BTC sitting around. Now the guy a couple months ago who posted saying he bought an Audi for $80k with the entirety of his BTC holdings because he was 'sick of holding crypto', he was fucking retarded.

This is the same dumbass that took out a $100k+ loan to buy crypto at the top.

https://cointelegraph.com/news/uae-resident-who-took-out-100k-crypto-loan-saved-by-ex-coworkers

>>23789400
I use Coinbase Pro. I've done full KYC though but its legit and never any issues granted I've never done more than $5,000 in one withdrawal at a time. If I do a significant lumpsum I'll probably contact my bank prior so they don't flag it thinking I'm laundering money. I can legit do $50K per day based on my Coinbase limits

>>23789407
I guess but a car is such a terrible purchase, depreciating and will drain more money as time goes on with repairs etc. At least a house would be somewhat better but maybe he has like 7 figures. I wouldn't buy a car until its like 5% of my net worth at most ideally less than 3%

>>23788762
>boxter

what the actual fuck?

coulda just waited another 6 months and put in an order for a singer porsche

>>23789128
sounds like a poor person problem

>>23789400
Buy real estate rental property and/or dividend stocks, but desu you need 1 mil invested to properly retire and make real money from those things

>>23789371
>What's the point of having money if you aren't CONSOOOMING
You don't belong here

>>23789669
What about blockfi or Celsius? Don’t they pay 8-10% on stable coins?

>>23789200
Because he can't even get a fucking driveway? Lmao priorities

>>23789371
for me it's freedom
I unironically don't really care about expensive cars, expensive clothes, watches, mansions, 5 star hotels etc.

>>23789748
swerve pays 15%

It all depends. If he's already retired or got passive income, then fine. If he's already a homeowner, then fine. If he has a job but he's one of the extremely few people who actually enjoys their work, then fine. But other than that, you're just wasting your money on nigger-tier bullshit.

Especially at the beginning of a bull run.

Probably paid up front for it. At at least with a new new car you get a 0 interest loan that way you dont have to cash of crypto.

Or walk everywhere until you make it.. if you ever make it.

>>23789204
Looks like a Euro plate.

>>23789280
>No sitting next to an indian brap hog for 16 hours on a flying death can
is there a story behind this? i need to know.

>>23789371
>>23789308
>>23789231
we're trying to buy our freedom, not shit that loses value instantly when driven off the lot.
I don't even know the guy and it pains me to think he bought this brand new

>>23789371
Reproducing like a fucking rabbit and creating tons of kids

t. Will be married soon

>>23789280
That would be wonderful. Like a train sleeper car for you only. We're still a long way from that though unfortunately.

>>23789370
>I'm so close, I just need to make $3,000,000 and I've made it

>>23790698
Kek

>>23789227
what year models? how long do the warranties run on them? how many of them are weekend warriors that just don't get many miles over that many years?

>>23789280
best part is you won't even realize the tesla rear ended a parked police cruiser until you're already well on your way off

>>23789423
He probably took the 25k from his ex coworkers and put it into bitcoin aswell.

Serious question it says he's not a uae citizen. Couldnt he just fuck off back to his homecountry and never pay rhe debt?

>>23789190
Anon, what do you think he used to buy the car...? Do you understand what's happening in the image?

>>23788762
idiots who live "low expense" "frugal" livestyles and shit on "depreciating assets" like Lambos are nerdy virgin faggots who don't get pussy.

Hate these "long term" faggots. Just admit you are too poor and too scared to buy something cool.

>>23790698

You act as if a 10-15x is a lot. Chainlink will do that in 18 months almost guaranteed. I'm incredibly close, as I said I've already done nearly 60x in a bear cycle. I can literally hold and do nothing and see those returns. You are NGMI with your mindset.

>>23788762
i have no Bitcoin because i invested all into a scam named safeX
the scammers told me:
"SafeX launching in the next weeks, buy now before is too late, I promise Safex will moon"
and that is how i got scammed and i lost all my BTC

>>23789370
I’m 32
My crypto worth is 3.2m
It is not making it unless you’re in a shithole.
Waiting for another 10x

it's a french plate from "occitanie" region

>>23791064
The ride never ends

>>23790930
C-grade bait

>>23788762
>can't even spell Porsche

>>23789200

You wouldn't park in a swimming pool either. Moisture is bad for cars.

>bought a fucking shitboxter gts for 60k
>buying porsche period
>he didn't buy a mercedes amg c63s that looks 100x better that has 150hp more and way more tourqe without a meme 6 cyclinder engine at the same price
people who don't know cars shouldn't buy cars new, especially luxury cars.

Buying a porsche boxter and say sorry for not getting lambo is pathetic!

He did not make it, he is just getting
old and hasn’t got enough BTC for a real Lambo

>>23788762
Good for him

>>23791064
3% withdraw rate of 3.2 Million and ideally 7% APR overall is absolutely making it in the Midwest. There are so many opportunities arising for safe alpha in crypto I probably won't even have to cash out everything. Ideally I'll stake the LINK among other options. I live in Ohio, it would be upper middle class actually. I can easily get some nice rural land in a safe area for nothing.

>>23788762
>porches boxster
>porches
>shitty small house in low value neighbourhood
>the 'porches' is parked on grass, no driveway

some people are never supposed to /make it/.

>>23790649
gmi

>>23789748
>What about blockfi or Celsius? Don’t they pay 8-10% on stable coins?

you need to factor in counterparty risk. centralized entities in crypto are sketchy companies with vague corporate structures attempting jurisdiction arbitrage to avoid the SEC. it's not a 'risk free' 8-10% and something you can leave 1 million USD in without worry.

>>23789719
>>>What's the point of having money if you aren't CONSOOOMING
>You don't belong here

there's nothing wrong with enjoying the fruits of your labor, including buying nice toys like fast cars and watches. after all, you didn't get rich and make all that money to continue living like a fucking peasant, did you?

>>23789128
to be fair, porches, even the boxster, don't depreciate that much. And a 911 is a great investment, long term.

>>23791064
get out of sf or ny. 3.2 Million is a shitload of money. A family that makes 300k per year, saving everything and freezing their life, would take 10 years to get that amount. Just think about that. It's about how long it takes to get that money, time costs money, that family won't have 3M even after 20-25 years.

Porsche >>>>>>>>>> Lamebo
But for god sake, CUT YOUR GRASS

>>23791144
and we have a cope

>>23792015
>shitload
>only 7 digits

uhhh... I have bad news for you bro

>>23792270
It's not 7 digits. It's 7 digits earned in a short time-frame.

so much fucking cope in this thread from people who probably dont even own enough bitcoins to buy that car if btc reached 100k lmao
you faggots are the worst of the worst
/biz/ is really nothing but dumb poor faggots larping and coping plus pajeets nowadays

>>23791381
You’re a fucking idiot and you will die like the slave you are

>>23789198
this

>>23792312
Many people here including me have 1 mil plus in crypto. It’s not cope, it’s good advice. Never spend like a bigger on depreciating assets, that’s literally the biggest redpoll for wealth. You won’t do that though and you’ll die in the gutter after cashing out a few k for trainers.

>>23790472
Pls greentext the story

>>23789280
youre way more likely to die in a car crash than a plane one

>>23789231
Actually it has nothing to do with Bitcoin, buying an expensive show-off car is retarded as fuck UNLESS you already made it. Being a wagie and buying sports car is ghetto tier.

>>23788762
>the virgin consoomer vs the chad bagholder

Sooo much cope jesus, nice car and if he wants to spend his btc so be it, since whens this board full of pocket watching jews

>>23792312
Not true. But you do you, spend your money on cars and be a nigger.

>>23792323
>You’re a fucking idiot and you will die like the slave you are

if you think i'm talking about spending a significant amount of your net worth on fast cars and watches and not a small percentage, then that's on you. i am not suggesting 'flexing', merely treating yourself to nicer things within reason. if you ever make it your attitude towards money will change from the poverty mindset you currently have, and i pity you if it doesn't.

>boxster
>chad
Top fucking kek.

>>23788762
>buying a car
trying building real wealth through passive income sources

>>23790649
That's what I call making it.
1488

>>23792576
>mustang

>>23790793
fuck you I spit out my drink laughing at this post

>>23788762
>sells his coins to buy a mediocre Porsche
>can't even spell Porsche
Checks out. At least it wasn't all of them according to his post, but really low confidence in the coming bull run from this guy

>>23791219
Rumor is that the next c63 amg will have 4cylinder and electric hybrid engine. Kys

>>23791219
An amg is still just a Mercedes to the average normie, I can guarantee that Porsche Boxster gets way more attention and credibility

The amount of car-guy larp posts in here is physically painful to read. Boxster/Cayman has been the best set-up Porsche for actually driving since the 987 generation. The ignorance of calling a c63 a better car because of 'muh horsepower and torque' is fucking ridiculous.

Not a bad car actually. Any 6 cyl 981 or 781 is in my opinion preferable to most 911s with few exceptions. Regular 911s are just poser mobiles. Metzger engined and 991.2 gt3/gt3rs models is where you can find real driving joy, reliability and pride of ownership.

So in this case, this dude could have gotten (for the money) a 996 gt3 or the 981 gts he got. Tough choice, but honestly the 996 gt3 doesn't feel as nice inside as a 981 gts, and in real life a 981 s/gts is no slower than a 996 gt3. The 981 arguably offers a tighter feel.

A 997 gt3 as an alternative would be a closer call, but at that price point it might not have been a real possibility depending on the country he's in.

Those criticizing his car choice are ngmi because they clearly lack rational thinking skills.
Those criticizing the fact that he got out of btc for *any* car will unironically make it.

>>23792861
Finally someone with a brain.
I honestly don't know anyone aside from 14 year olds who think the current c63 is desirable in any way.

W204 wagon with the headbolts fixed? Sure.
Current one? There's tons of better choices out there.

>>23788762
Maybe he should buy a lawnmower too

>>23789231
he buys a car and continues to wageslave, now driving to work in a fancy car

FUCK THE GILDED CAGE I WANT FREEDOM

>>23788762
He's going to pay more than 15k a year on insurance kek

>>23791064
How is that not enough with the 4% rule?

>>23789128
I screenshot this post. This will be what I will read again when I’ll want to sell my coins/tokens for a car

>>23793071
Is that really how expensive insurance is on sports cars? Man fuck all these expensive cars, why not just get a 55k 2021 mach 1 to fuck around in? V8 480hp. Or even the new corvette. I just don't get the whole car thing..

>>23788762
This car just cost 2btc second hand guys.
It’s a 2014 model.

>>23792831
you are paying more for less, the 6 cyclinder boxster sounds gay as hell and is a gimped car, which is why I said if someone doesn't know cars, they shouldn't buy them, especially luxury. Porsche has shit luxury compared to Mercedes for the price in terms of interior and overall build. If you are going to buy a porsche you buy a 911 gts that is at least tuned.
>>23792774
Then buy a 2017 model or some shit, bottom line is the gt63 is a way better value than a 911gts let alone some shitty boxster thats overpriced

>>23793190
wrong anon, Mercedes are a dime and dozen. Muh bigger louder engine with shit handling not everyone is a Tokyo drift wannabe anon, the newer Boxster are a sweet ride, great handling, easy to park, decent on fuel, chad convertible, comfy interior, people see a Mercedes and a Boxster and are gonna always assume the Porsche costs double, sloots love it

“heh get your 911 tuned bro, get a new exhaust for it bro, it’s not loud enough lolz” the absolute state

>>23793319
I drive a cls 350 and true, this boxster looks like it cost more

>>23793319
>>23793362
boxster and all of porsches engines are memes and are way harder to work on vs mercedes and more expensive. Yea you might impress more bimbos with a porsche, but you are getting an objectively worse car at a higher price. Mercedes is already very luxurious. IMO it's either a mercedes and if you want ultra luxury, ferrari. You can have your preference, but I'll never buy a porsche.

people who are into cars are insufferable

it's just a coloured box that gets you from A to B

>>23793190
>Porsche has shit luxury compared to Mercedes for the price in terms of .. overall build

Lmao @ creaky benz interior being built better than a Porsche. Clueless.

>>23791064
$1.9 mill here. Can confirm. But I bought a supercar kek

>>23793413
>Mercedes is already very luxurious. IMO it's either a mercedes and if you want ultra luxury, ferrari
Do you guys even know anything about the cars you're talking about? If you want ultra luxury, you stay far away from Ferraris and get a Bentley, Rolls Royce or S Class or something like that. An Aston if you want some more sportiness. Ferraris, Lambos, McClarens.. These are not cars made for luxury, they're made for sportiness.

>>23793542
McLaren***

I don't have a fucking driving license

>>23793542
If you want the fastest luxury yes you buy ferrari or mclaren. Most normies can't afford bentley or rolls royce. You don't even need a rolls royce or bentley because what's the point. At that point you are just wasting money and a lexus is a better value.

These threads are always a good read for chuckles. Reading people shitting their diapers over soneone taking profits on a trade and enjoying the fruits of their efforts makes my day. You can cope all you like about muh depreciating asset, but a car isn't an investment. You don't buy a car to make money, you buy it to drive. Alrighty niggers, give me your (you)s.

>>23788762
> Porches

>>23793598
Mclarens aren’t luxurious anon, they’re simply a very high performance car

Get a benz SLR or a Koenisegg.

>>23789582
Thats fucking gorgeous...

>>23789370
>My freedom
undeniably based
fuck the normies

>>23789204
Maybe you're a nigger.

>>23792978
Based.
Only post I've read from someone who knows what they're talking about.
I'd also add that if they got one of the 718s with the flat 6 from the gt4/spyder then I wouldn't criticise him too much, some people just want their car fresh from the factory (for some reason).

i dont even have a car,i think maintaining it is too time consuming and stressful

Look at how happy he is, probably will sell it and go back into btc once we smash 20k

>>23788762
This will be remembered like the guy who bought Pizza with 10,000 Bitcoin

>>23789128
Poorfag

I sold all my bitcoins when the Chinese bought them up in mass. I haven't worked a day since 2016.

>>23788762
Old beater cars are much more fun and have way more soul. A high performance sports/super car is a waste of money no matter how you look at it, unless you're investing in limited production rate vehicles (ie, an Enzo of which they only made a few hundred, that you never drive).

A lambo will probably end up being over $10k/year just in maintenence... For instance, Lamborghini breakpads are like $900 EACH, you probably pay like $1200 just for a tire rotation, oil change $1000, etc etc. It's all a scam

>>23793932
except a tesla electric car. no oil changes. virtually no maintenance. t. my friend has one.

>>23794334
No one wants what is essentially a new age honda civic

>>23794334

Tesla cars break down all the time and you need to contact their mechanics to drive out to you. Their service is pretty based, but still these cars depreciate 5 times faster than others due to the batteries aging like a leftover woman after her 30th birthday.

>>23789265
could be more like 20-30k if it's used

>>23789178
that looks like a woman. Surly my assessment is 100% accurate due to the porche boxster. only chicks drive convertibles, and only lesbians drives boxsters.

>>23792291
>1'000'000
that's literally 7 digits.

not 8, 7.

Seven digits was enough in 2000.
But its 2020 and unless you live in Slovakia its shit.

There’s two paths in life for people who haven’t yet made it:

Build a life revolved around spending money on material/depreciating assets at the expense of Freedom and wage slave to fund this lifestyle of debt and probably hollow happiness

Be more frugal and don’t build a life revolved around material assets, rather, you allocate money to passive income streams for freedom instead. Probably more wholesome, attract less degenerates towards you and you’re not a wage cuck (as time is more valuable than money)

It’s either one of those, take your pick.... I’ve youve already made it obviously you don’t need to give a fuck about this and you can buy loads of expensive material items AS WELL as have freedom

(Personally I’d take the second option)

>>23792831
this, big difference when you pull out Mercedes keys, Porsche keys or Lambo keys.

Keys are huge part of game.

Mercedes is just mercedes, might as well be 2000s shitbox.

"What do you drive?"

"A mercedes"

Says nothing

"What do you drive?"

"A lamborghini"

"HOLY SHIT WOW"

>>23794938
>"A lamborghini"
>"HOLY SHIT WOW"
Imagine thinking life works like this. People dont give a shit about other people. Maybe save for lowest iq easily influenced morons. If your life goal is to impress people like that, then it means you are one of them and thus already lost at life since no amount of money will let you buy iq.

>>23795069
this, whenever I see some boomer fuck driving a lambo I get the impression they're a tryhard retard who is probably renting it to look cool.

>>23795069
correct

>>23788762
>Become rich.
>Buy a mecha nigger magnet.
Money doesn't make you smarter, sadly.

>>23789780
this, freedom > all

imagine buying anything over losing 5 days of your week

>>23788762
>Boxster
Does he wear panties too?

>>23788762
>all these biz newfags proudly applauding a literal redditor that likely sold all of his btc just to get a slightly cooler car
you just KNOW the people calling this guy a Chad will never make it

>>23792312
I can buy one of those right now brand new but I'm not a nigger like you. he probably didnt even buy it outright and paid 50 down or some shit and is now waging to pay off the rest.

>Not buying an old NSX and modding it yourself

>>23788762
>Sold all my btc to buy this 30-40k piece of shit that retard will think is worth 200k because it's a Porsche

>>23789280
>tfw when a braphogg sits next to you on plane and her ass so thick it overflows onto your seat and you can feel it pressing against you for five hours

why wouldnt you want this

A fucking Boxster. Are you serious. Fuck him. He is not going to make it. A Boxster. Fuck him.

>>23790936
if you truly believe that, you're never going to be able to handle it when it doesn't.
Inevitable an hero incoming.

>>23795069
this is my view as well. I'm just gonna get one of the new generation of Škoda's, probably buy a 1-year old used one for 30% cheaper. It's perfectly normie to own one here

>>23797032
Imagine thinking it won't at least 10x in nearly 2 years. I'll be fine I've accumulated for 3 year I can wait another 3 but we both know I won't have too.

>>23792578
Based

>all these faggots talking shit about expensive cars they don't even own
Never listen to people who say "you should have bought" when they don't own it themselves. They sound like children.

>>23793586
Might pull up in a Lexus but I can't drive

>>23788762
what a shitty cash out

I would consider selling all of my crypto to buy a house but only if i was buying it outright. even then I think i would only do it if I could still leave a sizable amount to build up some wealth again or even just live off trading

how did an idiot like that make so much goddamn cryptocurrency
I'm here stacking them sat by sat till moon

I don't understand why people buy fossil cars instead of electric cars in 2020, especially when money is clearly not his issue.

>>23789280
you're not going to live long enough to see that happen unfortunately

Cars are fun, i drive a raptor and a hellcat redeye,paid with my crypto gains, come at me faggots.

>>23789371
>CONSOOME GOTTA CONSOOME can't enjoy my life without muh sports car that I can't even drive fast on the streets without being pulled over
kill yourself npc drone

>>23795627
>>23789780
this, i just want to be anywhere anytime i want without worrying about going to work tomorrow
I'll STILL work on personal stuff because every man needs something to work on
but not for other people

god just writing this makes me happy for my future

>>23788762
cringe as fuck, this is exactly why most people don't deserve wealth, they don't know what to do with it and will waste it on the most inane shit

if he bought a house or something i'd respect that. a roof over your head is always valuable and in many instances an appreciating asset

>>23790466
South of France

>>23802185
wow france looks that awful?

>>23788762
>white Porsche Boxter GTS
Would have bought a ZL1 instead

> once-in-a-lifetime moon opportunity
> spend it on a fucking car
This is why people stay poor. Look at that hovel in the background. How embarrassing.

>>23789190
cope

>>23802192
kek

>>23792978
2018 981 driver here, based anon

>>23802617
2016* excuse me, im no flat 4 fuck