/biz/ - Business & Finance

>>25334331
i have to believe. it’s the only thing stopping from kms.

>30x with 100k is 3 mil (made it)
>30x with 10k is 300k (not made it)
>30x with 1k is 30k (not made it)

>>25334331
Cope. It’s true. If it was 2016 or earlier you could’ve made it with less

>>25334362
And that's if you even get a 30x which you won't lmao, the NWO wont let BTC get that high.

>>25334395

Not everyone is a turbo poorfag who needs crypto to make it. I only have 3 BTC and a few hundred LINK (bought at sub 8k BTC levels) but I have 300k in stonks, own a house, and make 250k at age 27. Crypto mooning is just a bonus for me

I've got 3 btc, 16 eth, and some ADA. Feeling pretty comfy, sitting on $20k tether too I may dump into Eth or ADA. Alts feel like they're going to start up really soon. I don't think I'll make it this cycle, but if I can get to $500k I'll be happy.

>>25334482
SWE?

>>25334359
Open your eyes, investing is a rich man's game. You can play after you accumulate wealth though.

Why tf do people with $2 mil hang out here? Like what are you doing on this shit forum?

>>25334618
>rich mans game
>27 grand

>>25334606

>>25334654
Rich Fag breakdown
>bought in 2013
>SWE
>med fags
>business owners that actually want to talk about business

>>25334331
Fuck, I only have half that

>>25334654

2 mil is still middle class territory. You aren’t a god or anything just someone who doesn’t have to wagecuck at McDonald’s to survive

>>25334654

Remember you’re here forever.

>>25334725
Depends on how old are you

>2mil at 40 (rich as long as you continue that trend
>2mil at 65 (middle class)

>>25334754

The older you are the less it matters to have a SWR since you can just draw down your principal to 0 at that point. Youngfags have to pinpoint an annual drawdown rate that allows them to live indefinitely so having too small a principal is a risk.

>>25334482
I wasn’t implying that they are. Just stating the objective fact that if you want to “make it” from crypto at this stage you need 6 figures

>>25334482
fuck off then normie

>>25334754
How can you not be upper class at 60 with $2mil? If you have any idea what you’re doing, you should be able to pull about $250k/year out of that with simple financial instruments like indexed ETFs and life insurance. If you’re living middle class with $2mil, your best investment would be a personal finance class. As odd as that sounds.

>>25334618
that's not totally true, but using your first 10-20k win properly as a poor fag is the biggest IQ filter in finance.

Nice FUD, guys.

>listening to literally anyone that says you cant do it

>>25335037
how do I pass the filter

>>25335147
If you have to ask...

>>25335147
Just research, especially using warosu.org, and find one good win sometime in the whole year.
If you make an average 2x each year and don't loose it you're fucking golden.

When you miss something like GRT or PRQ, don't fomo, tere will be another similar opportunity in the next 3 or 4 months. Don't throw chunks of your stack at random shitcoins, because diversifying does not work when the majority of the pool has a negative expected value.

>>25334331
I am 80% in crypto and 50% of that is in $TON :P

>If you can't buy a WHOLE COIN RIGHT NOW don't even bother

Double 1k ten times for 1 million. Don’t put money into shit, done bet what you’re not willing to loose.

>>25334725

>2 mil
>middle class

Delusional. Middle class and working class by definition must sell their labor to survive. The moment you stop doing that, you're part of the capitalist class.

>>25334362
If all you can afford to invest is 1k, then 30k is life changing money for you. 30k can get you through school, 30k can get you a car, 30k can cover your living expenses for an entire year while you acquire new skills or try to improve your position

>tfw waiting for daddy's money to come through

>>25336167
>sell their labor to survive
This is the most depressing thing. I make decent money ($50/hr) and live really cheap. but I'll never, ever, make it just working and saving. Even double or tripling my income wouldn't change that.
us plebs need to get lucky with something like crypto or other investments to have a shot.

If you want to make it just buy and sell ETH futures on Binance, its so fucking easy it hurts. Whacked $400 in on the 24th and it's sitting on $3,700 now. You can't lose in a bull market

>>25334331
not a single person on /biz/ (or anywhere on 4 chan) has more than $50k in cash/shares/crypto

>>25334331
What a load of shit. A 3x, 5x, 10x or 20x is exactly that. Does not matter how much you start with

>>25336504
guess what im hodling

>>25336604
your dick?