/biz/ - Business & Finance

Luck is about 78% of profit. Right place right time.

yeah you're gonna feel real lucky holding your 18k bags down a solid -70%, kek. enjoy the bear market fags

>>24662040
Correct. And for 5 dollars a month i may pass the luck on to youuuuuuuuuuuu!!!!!!!!!!!

>>24662179
>bear market for years
>bull market for only a few months
>thinks we’re already back in a bear market
>btc still up 5x on the year and 2x in a couple months
>is literally retarded

>>24662040
>Stocks? Isn't that like gambling?

>>24662059
If it was really about luck then long term you'd be a losing player with variance. I could see if someone says it's luck if you're a new trader but for those of us that have been trading since 2017 and have never been at a loss 3+ years with insane variance that shit is statistically impossible to be mainly luck.

>>24662040
>over the past 3 years, i never bothered to devote an hour of my life to learning about what Bitcoin is and why it has value, so I'm just gonna cope by telling myself that you just got lucky, even though Bitcoin is nothing like the lottery.
Kek

>>24662040

It will be incredibly hard to bite the tongue on this one, and not grab people by the throat and start screaming stuff like

>you safe soft little faggot, I nearly maxed out every form of credit available to me, I watched my net worth get cut in half in a single night, repeatedly, I skirted bankruptcy a half dozen times and lost 6-figure sums in weekends and I still held because I knew I was right.

>you could've done it too, but you chose your safe 8 hours a day with a safe paycheck and you've now safely arrived at nothing.

>>24662475
Based

>>24662040
I actually can't wait to hear this because I know I worked hard and sacrificed a lot and put a lot of money into this taking on a lot of risk and here I am. Hearing cope like that is just the sound of the "making it" bell ringing.

>>24662475
10/10 rant, I hope you've been practicing so you can deliver an oscar worthy performance directly into some poorfaggot's face.

>>24662516
>>24662643

Thank you, Anons

Maybe I should practice it for full effect, but I like to think the flash of rage I got at even the thought of someone saying that will fuel its delivery

Especially since I'm pretty sure the first person to say it to me will be a person who's made it a point to bring up BTC every time it took a dump these last couple years

>heh, I heard Bitcoin's down to like $4000, hope you didn't put too much money in there

>>24662475
Based, were/are you a NEET?

>>24663050

No, I waged a shitty job for years to fund my linkies and BTC. I got laid off because of the rona, but I did well enough this summer that I don't even have to worry about that for another year

I guess I'm kinda a NEET now. Huh.

I'm a crypto-rich NEET with self-diagnosed autism and every time I see a career wagie with an expensive car I tell him he's lucky to have it.

>>24662040
THERE ARE PEOPLE WHO MADE 100 million dollars starting off with nothing more than 500$.

MAXED 125x futures Chainkink long on Binance when it dropped under 1 cent because CZ scam wicked everyone. He abused the Corona crash to buy 1 million LINK for just 20k-100k.

You can use margin on multiple accounts to get past the open interest limit. You can use aggregators to trade BTC across all exchanges, not just Binance. You can turn 100M into 5 billion. BTC only changes more than 200$ in price if you buy or sell 400M USD worth. Imagine how much money the faggot who sold from 19.6k to 16k made off with.

ESH/Ghost -> Statera -> Ampleforth -> Yearn Finance -> YFI clones.

And let's not forget all the pajeets with literally 0$ asking for money through presale WITHOUT EVEN DEPLOYING AN ERC20

and let's not forget Uniswap retardedly rewarding everyone 400 UNI and 20000-150k UNI for holding SOCKS or providing liquidity for V1 since 2019.
Fucking assholes didn't bother employing any kind of filter against scammers. Assholes don't even bother farming the scanner's data to blackmail them despite the fact 98% of scams happened on Uniswap.

Why do you think Uniswap and /biz/ slowed down on volume and posting speed, respectively? People who made-it no longer have to use Uniswap, /biz/, pull off scams. They're enjoying their Xmas away from the wage cuck for the next 100 years. Their future children won't have to work a day in their life.

So fuck /biz/, fuck reddit, fuck normies, fuck (you). Everyone else already made it, you're the left overs.

>>24663246
By the way you could have made money through pump n dumps/scams and trading even during the bear market.
People were hiring developers and customer support to work on their exchanges.
People still put money into pump n dumps. You could have copy-pasted your own scam coins n tokens.
If /biz/ and reddit were silent then twitter, YouTube, Facebook were still doing great, just like /biz/ which kickstarted Uniswap's popularity through ESH and STA.

>>24662040
>Stocks are like gambling!
>I have a solid $500 in a savings account where it's safe!

Yeah, feels pretty good.

>>24663246
This is why there are few competent devs in crypto. They can retire after a few months in a bull market if they're smart and have no morales

>>24662040
hate to break it to ya but you were lucky no matter how you look at it. You were in the right place at the right time, you didn't have any control over that. Privilege was also involved: while the rest of us were busy making a living, you had all the time in the world to spend in here and get tipped off on good projects. So, yeah you were not only lucky BUT privileged too! But that’s ok, learn to be humble and try giving back to society every once in a while.

>>24662040
fuck em. Let them think that. I told my family I was going to be rich back when bitcoin was under 4k so it will be harder for them to run with this

>>24663796
Yeah I know. Rather be lucky than poor.

>>24662475
Based.

>>24663796
shut the fuck up faggot kike

>>24662040
I did get lucky though. I just bought coins for the memes.

>>24662475
based

>>24663796
We didn't get lucky. Honestly, the way most people probably ended up at Bitcoin is because they were intelligent, but poor or unemployed, and they scoured books and internet trying to find a way out of poverty or whatever bad situation they were in, and they ended up here. So honestly, for a lot of us, it had more to do with desperation rather than luck.

>>24663894
Investing is all about memes (mass psychology), so that's actually the best strategy.

>>24663964
Actual investing is about fundamentals. You think it's about memes because you got lucky

>>24663989
>you got lucky

>caring what normies think
oh im laffing

>>24663989
Nope. It's always about memes in the end. Strong fundamentals will make the memes stronger.

>>24664009
>you got lucky
I did though.

>>24662040
>he’s not lucky

LOL

>>24664066
>not being born lucky

Imagine not being a protagonist. Haha, lol.

>>24662040
This but unironically

>>24662475
Based. How do you use lines of credit for crypto? I just started trying to go in even harder with credit but it seems like I'll have to take out personal loans that can be paid for using my credit cards, because exchanges won't take my credit cards (keeps trying to charge it as a cash advance instead). Anyone got advice?

>>24664220
>I just started trying to go in even harder with credit but it seems like I'll have to take out personal loans that can be paid for using my credit cards, because exchanges won't take my credit cards (keeps trying to charge it as a cash advance instead)

That's more or less what I did, along with a whole bunch of not sleeping

>>24664385
>along with a whole bunch of not sleeping
Same as what I've been doing for weeks. I've noticed that most of the shills are off of /biz/ between 2 and 4am PST.
Thanks fren.

>>24664385
Oh, but if you have any specific or directed advice related to that process, I'm all ears.

>>24664413

Good luck bro, even at horrific cash advance rates, if you're doing better than 1.7% a month you're making money.

>>24664446

I'm in Canada so it might work differently here, it's basically

>acquire line of credit
>borrow from
>send to exchange via e-transfer
>purchase crypto
>lie awake at night unable to sleep because what if you're not buying a dip but in fact setting money on fire that, if everything goes to 0, you have no way to repay

Repeat until rich

>>24663246
Why are you still here?

>>24664180
rise is a SLUT!!!!

>>24665378
I CAN’T FUCKING STAND RISE COOCHIEKAWA. MORE LIKE RISE POOPOOCACA BC THAT BICTH STANK AS FUCK

BITCH PROBABLY GOT PUBIC DANDRUFF AND HER PUSSY BE DRIPPING CORROSIVE SPOILED MILK RATHER THAN CUM. I LITERALLY CANNOT LOOK AT HER FOR MORE THAN A FEW SECONDS WITHOUT FEELING IRRITABLE. EVERY TIME I PLAY PERSONA 4 AND EXPLORE THE DUNGEON I GOTTA MUTE IT AND PUT ON MY OWN MUSIC BECAUSE I CAN’T STAND LISTENING TO HER BITCH ASS TALK WITHOUT MY HEAD HURTING. I FUCKING HATE THIS DUMB SKANK “UWU I’M SUCH A FANGIRL FOR SENPAI!!1!1!1!!1” ANNOYING ASS. WISH WE LEFT HER ASS IN THE DUNGEON. I HONESTLY WANT TO GRAB HER STUPID PIGTAILS AND SLAM HER DOWN INTO CONCRETE FLOORING. FUCK THIS STUPID STINKY IDOL. HER PUSSY SO LOOSE THE WHOLE INVESTIGATION TEAM COULD CLIMB INSIDE AND BE LIKE “WOAH, A NEW DUNGEON!”

>>24665378
>>24665409
Cringe haters GTFO! This a Rise friendly board!

>>24662242
stay true /biz

>>24662040
Yea I'm down -45% because Crypto dumps. I'm really lucky.

>>24662040
YES

>>24666480
>>24662040

>>24662040
Luck is when preparation meets opportunity.