/biz/ - Business & Finance

>>25673152
Absolutely not. If I'm worth $2-3M then maybe

>>25673152
Imagine cashing out to buy a car lmao

>>25673152
This is based actually. Good for him.

>>25673152
Based. Good for him. I hope he doesn't rope when BTC hits 1 million in 5 years.

>>25673152
If I had a family that put in more than just the bare minimum effort into raising me I would, so I'm living entirely for myself as an adult

>used to have 3+ btc
>blew down to 1.8 from shit spends and shitcoins
Nope

>no goyim, don't use your money to help your parents, you should buy a car instead! And drugs! And hormone replacement therapy! AND DONATE TO BLM!

>>25673152
Lmao his retard parents will be 300k in debt before he can blink. Failing restaurants eat cash like you would not believe.

>>25673152
Should have left at least one bitcoin and hold that forever. That's my exit plan at least for this cycle.

>>25673152
Comfy

>>25673394
this. Imagine cashing out for a bunch of boomer restaurant owners, it's like giving an african child a comuter

>>25673394
>what is retiring

>>25673335
It's disgusting either way. It's not your responsibility to pay for your parent's shit. That's their responsibility. Yes, you should help take care of them in old age, if they were good parents, but it's humiliating to expect your children to pay your bills.

>>25673152
I sold ETH at around $800 because of family telling me I should. Then they tried implying they had influence in my gains and proceeded to try demanding that I get them a car. Seeing it rise knowing I would have made it - that's a deep pain. Honestly close to kms because of it.

I not only missed the recent ETH high, which would have made me enough to cover my debts - but I also have now Fomo'd back into ETH at seemingly the top and have had it drop on me since, so I don't even get the benefit of gains. I'm now almost below my original investment.

If family had not FUD'd me then I'd have sold ETH at $1250 and made it. Instead I'm now below my original investment and want to kms, riding out ETH to the end now. Either I make it or lose everything, nothing matters. Not giving Family a cent.

Lesson Learned:
> Never let family learn of your crypto
> Never listen to family for investment advice

>>25673394
this. even worse if they are stupid spics.

>>25673394
>>25673502
It's simple.

Offer to pay off their mortgage if they transfer the title to you. And they can live there. You now have power over boomers and have made them elder zoomers.

>>25673152
the problem with all these losers is when they sell "all" of their bitcoin. if you have 6, why not just sell 5 and keep the other one? makes no fucking sense.

>>25673152
Why is plebbit so full of the most cringe outright virtue signalling?

>>25673527
Yeah I know, it's never the kid's responsibility to pay for their parents, but it is a distressing feeling watching your ain't-shit mom who never planned for the future, never worked consistently in her life, and leeched off of her own parents until they died get thrown into poverty as she enters old age. I'm way too bitter, angry, and emotionally numb to pull a Captain Save-A-Ho like the retard in the OP's pic did.

good move, but shoulda left 1 btc behind incase it goes to 1mil

>>25673527
He bought his parents house because he wanted to. What's disgusting about that?

my parents have their own btc, bought at $1700, whats the problem here

>>25673577
Wouldn’t happen pussy if people can dictate to you when you buy and sell what makes you think you’d ever sell the exact top on any market kek, grow up and stop living in a fantasy land

>>25673152
Posting on plebbet for atta boi pats on the back and a poor financial decision. Catastrophic.

oh and by the way this is exactly the type of people we need to get rid of to move on

>>25673686
>>25673684
>>25673577
>>25673284
This is about to be the most bitter pill you're ever going to swallow in your life. If you came here from the site in pic related, you are genetically pre-disposed to be a cucked normie for life. You are literally retarded. Don't think we haven't noticed you asking stupid questions, trying to use our lingo, and pretending to be one of us. Why are you doing it? I can't say for sure, but you probably heard somewhere on your faggity site that this place is good for finding investing advice and crypto moonshots. You couldn't be more mistaken. The truth is, this place is filled with scammers, niggers, street shitting pajeets, and autists.

The reason why the people that naturally gravitate to 4chan succeed is because we are unironically autistic and see the world in a completely different frame than you. You come here and no matter how hard you try to fit in, you stick out like a sore thumb because your future is already written on the wall. You will be a slave to your government, corporations, and bosses for the rest of your pathetic existence. You will live under a guise of happiness, but ultimately die having done nothing even remotely significant in your life.

You will hang around here for a couple weeks, probably lose money gambling on shitcoins, and then run back to the comfort of your faggy home, where you will warn other plebbitors to avoid this place: how we are all retarded, gamblers, racist, and misogynistic. You will collect your upvotes for the warning, and then jerk off to the thought of feeling important, not having realized you failed the most basic of internet shittests.

You will read this post, flame me for the direct confrontation of challenging your intelligence. The reality is you aren't, and never will capable of coming up with an original thought in your pathetic existence. Any words you speak are the equivalent of a sheep going
>bah bah bah

>>25673765
Ok retard

>>25673612
This. Sure helping family you love is great and all, but selling everything you own for them isn't a great idea either, especially when they themselves had options to better their own situation.
Oh well this is 99% likely made up bullshit for karma points.

>>25673765
>reddit spacing
lol nice blogpost faggot
>youwroteallthatextandIdidntreadyanyofit.webm

>>25673609
My plan if I make it is to buy a house in a good safe area, have all documents for it in my name, and let my mother live there in comfort until she croaks
Anything wrong with this plan? Seriously asking in case I'm ignorant to potential downsides

>>25673152
No my mom was a total cunt to me and my dad called me an autistic fag over and over again. Now I'm a rich autistic fag. I'll take out a satoshi to pay someone to spit on their graves.

I'm conflicted by this. It's almost certainly a terrible decision but he's helping out his retard parents which is exceedingly kind.

>>25673152
>selling btc
ngmi

>>25673981
Nope. Just make it sure it would be a suitable place for someone when they are old and less mobile. Although my 92 year old gramps seems to get around his split-level just fine.

>>25674032
>I'll take out a satoshi to pay someone to spit on their graves.
Your dad was right all along. Grow some balls and do the job yourself.

>>25673152
this is fine if they are well off and aren't running a business/in debt. that money is basically just delaying the inevitable and is giant waste of money. if they had regular jobs it's not bad because now they can save that money up and possibly pay back the son or buy another home and give the other home to their son etc. this is just plain retarded though, don't ever do this guys, not even as a last resort.

Cashed out my meager GRT gains and bought my dad a new TV during the boxing day deals.

It's the little things.

>>25673609
Yes, and this way the guy PAYING FOR THE HOUSE actually gets something tangible out of it. He also could've just withdrawn the mortgage amount per month from his BTC versus dumping it all.

>>25673765
based. fuck normies. after the crash in 2 days it’s going to be glorious to see the despair

>>25673152
>Immigrants
>"Restaurant"

Worthless beaners detected

>>25674741
Could be Asian too. Smart beans are probably getting decent drug trafficking money through the "restaurant".

>>25674032
Hey I think I know your dad! Does he post on /pol/ a lot?

>>25673152
>sold ALL his 6 BTC
OH NONONONONO

>>25673957
SEethe

>>25673152
Brought my dad in on this in 2017 and have been managing a joint portfolio for the "family" present and future. Its already mid 7 figures and I believe on the cusp of generational wealth to secure a future for many generations to come. My father can secure his retirement and take part in a patrimony for generations of his offspring. Perhaps the greatest gift a father with his son can bequeath to our posterity.

>>25675195
Good work anon

>>25673765
Based

>>25675195
This is the way

>>25673152
>6 btc
>reached my moon
So glad biz isnt this pathetic kek

Why not let the government take care of them? I mean that's why they've been paying such high taxes and working their entire lives right? Government is supposed to help and take care of people? That's what the highly successful social security is all about?

>>25673152
>Goy, you gotta sell and buy things

My parents aren’t losers that still havent paid off their lones.

>>25675213
>>25675708
Gains for the sake of gains is a potent if fleeting high. We must never forget why men build empires in the first place. First we secure a future for ourselves so that we might secure a future for our families. After that an extension of filial and patrial love leads us to protect and nurture our people and eventually our culture. I have spent much of my time contemplating the absurdity or perhaps irony of rejecting the current ethos of modernity using internet monopoly money as my vehicle. Truly God has a sense of humor lads.

>>25673332
Shitty parents desu. They had their chance, bad luck screwed them, and now they're letting their kid sacrifice his future to bail them out. Assuming that it isn't a larp.

>>25673415
This here, I agree. I think it's against most human intuition to just hold and hold and hold something that can positively change you and your families circumstances in the long-term, but if you held multiple of something like Bitcoin it only makes sense to at least save like 10-20% of it just in case.

>>25673415
This.

>>25673765
didnt read

>>25673152
What a faggot

>>25673152
>tfw his parents remortgage house to pay off restaurant debt.

>>25673765
have sex for once, you think people are going to read all this shit? look. Pour some whiskey and light up a cigarette. It's okay, you wont die. You will relax. Maybe have a thought about what it means to have a loving family. Not everything "cucks" you and not everyone is a "jew". If it does then youre weak and kys