/biz/ - Business & Finance

>>26123818
>>She looks defeated, instantly feel bad
Aw man. Good job helping out your mom though.

if dubs buy your mom 15 chainlink

Just make her an account and put the 15 dollars into BTC like she asked, then anything that happens to the money is entirely on her. Just give her regular updates on how it's doing by showing her the wallet and her graph. Even the most tech illiterate person can understand a graph and numbers going up and down.

>>26123818
SHOULD HAVE SCREAMED AT HER TO DO HER OWN FUCKING RESEARCH AND POOPED ON THE CARPET

>>26123818
Take the 15$ and put it in btc like she asked.

(Although i would personally all in rsr)

>>26123818
My boomer mom though she had 1/4 bitcoin on the jewelery safe and wanted me to sell it for her.
(I'd given my brother some btc a few years ago that's what she was thinking about). She then asked me if she should buy some.
I advised against it.

Too bad BTC is funny money and merely a meme

>>26123818
Anon she looks up to you a lot. Be kind and patient with her

>>26123818
Just give her $100 and say you sold just before it crashed.

Buy her like 50usd of bitcoin man

>>26123818
Invest it for her, if it goes down and she asks about it just lie and say she's break even and if she wants her initial back, just give her $15 even if it's out of your own pocket. She's your mom and she sounds pretty based and it's just $15, so don't be a cunt about it..

Get her half a chainlink, get her 500$ boiiiii

>>26123818
Normies are definitely catching on, but mostly youngsters. They invest a few hundred on big exchanges and HODL.

>>26123818
Anyone who has grown up in a poor as fuck household knows how hard this hits.

Man just take the $15 and buy her the bitcoin, cover the exchange fees yourself because she sounds cool.
>my mum warned me against investing in crypto so I can't really talk to her about this despite her being knowledgeable about finances in general

>>26124007
this, but the poop should go in the coin purse

>>26123818
Don't be feel anon, if anything you can donate 10% to your parents once you've made it like I plan to.

>>26124480

>friend has worked his whole life never saving any money
>gets to 40yrs old and decided he wants to put away money for his 401k, company matches
>knows im into this shit and wants to know more and wants to try investing
>explain stocks to him and what an ETF/mutual funds are
>says he doesnt like the idea because someone else is managing his money and he doesnt like that
>ask him if he knows what a 401k is
>he gets visibly annoyed that someone else is managing his money
>get angrier that i told him his money is better managed by someone else
>is offended that his 401k could go down, somehow thinks he should be doing his own investment
>inform him he is too emotional for stocks
>somehow this calms him down, spite?

makes me wonder if investors are emotionally broken or just purely autistic.

>>26123818
that sounds so cute and innocent, I would just put a few hundred in and tell her after a few months that she made this and bring her some joy and pride in her son/daughter

>>26124621
>>26124504
>>26124480
>>26124350
>>26124266
>>26124139
>>26124124
>>26124101
>>26124022
>>26123936
>>26123916
>>26123863
I'm gonna take $15 and put $50 in for her tommorow lads. Probably in bitcoin, but I would like to see her be happy for once.
Not gonna get all emotional or powerlevel for you guys but she's had a rough decade of my siblings either becoming criminals or stealing from her.
And I want her to have someone she can turn to.
Love your Mum/Mom anons.

>>26125100
Checked and best of luck. I’m hoping to retire my mom at the end of this run. She’s done a lot for me

>>26124820
>makes me wonder if investors are emotionally broken or just purely autistic.
why not both?

>>26125100
Based

>>26125100
don't fuck it up

>>26125100
Buy 2 chainlink bro, it’s gonna be better then a fraction of a bitcorn

>>26123818
>She looks defeated, instantly feel bad
That shouldn't have hurt as much as it did reading that.

>>26125100
>feels
Get her a tiny BEL stack anon

>>26123818
Piss in one of her draws for revenge

>>26125100
based, I'm trying to get enough to pay off my parents mortgage, and retire early. Feels bad though cause they are both old cause they had me late. Hopefully we all make it bros.

>>26123818
>$15
what's the point? Even if you get a 100x that's only $150. Just give your mom $100 in a few months and tell her that it went great.
>>26123916
>if dubs buy your mom 15 chainlink
literally couldn't even buy 1 LINK with $15
>>26124820
A lot of people just don't understand basic economics. People at my work are always trying to give me advice on what I should do with my crypto holdings. Of course, they're all dead broke. And the advice is always the most typical rookie error bullshit. I just cringe inside and tell them I'll look into it.

>>26125100
Buy her stinkies or GRT, BTC isn't going to get her the returns she'd enjoy. Good luck bro.

>>26124820
well, I've been emotionally fucked since childhood. shithead bully dad. went full numb in the head, can't emotionally connect to people. also 140 IQ. so for me it's both.

>>26125100
You're a good son.

>>26125590
>A lot of people just don't understand basic economics. People at my work are always trying to give me advice on what I should do with my crypto holdings. Of course, they're all dead broke. And the advice is always the most typical rookie error bullshit. I just cringe inside and tell them I'll look into it.
you fucked up by telling them about it in the first place. only a few people I work with know about my crypto holdings, but it's only because I knew they were open to investing in it. I don't toss pearls before swine

>>26125472
>when mom finds the piss drawer

>>26125100
based

>>26124820
are you seriously asking that as we top a massive bubble with meme stocks like TSLA and shitcoins like chainlink? this is 100% emotional retail money

>>26125100
Holy shit. There are actually good people in biz. Im personally going to buy something nice to my mother if i make it (i also have a gf, but mom is mom)

>>26123818
>family members who gave my cousin tens of thousands of dollars to buy BTC, ETH, and XRP (which he gambled away after the crash) all start calling me asking me to "invest" in BTC for them
>niggers on twitter talking about it
>fucking 18 year old kids in ALL the discords/group chats for my classes at community college (lol) talking about it, they mostly seem to hold LTC for some reason, a few have mentioned DOGE, I just lurk.
>some of said kids post things like "altcoin season is starting soon"
>fucking hourly threads being started by complete fucking newfags asking what/how/where to buy bitcoin or "Crypto"

The top is breathing down our fucking necks.

>>26126611
>The top is breathing down our fucking necks.
Yup
I already sold most of my stack
best of luck everyone

Your mom is a retard and probably a slut fuck her in the ass for cash

>>26126760

If you can't explain what bitcoin is ypou probably don't understand it yourself. Maybe try reading a book or two or at least the white paper instead of basing your knowledge off memes and tai lopez videos.

>>26125100
Put 15 in bitcoin and aggresively trade 50 for a while before sticking it into btc. Good luck

>>26123818
back when BTC was $20k my mom asked me if she could buy "a few bitcoins" for $100. it was pretty cute

>>26125100
gamble it all on shitcoins kek

>>26125100
you fucker

>>26123818
Tell her to wait until the market cools down

>>26125100
Your mom is why you're poor in life though.

>>26125100
Shit, please anon, make her feel happy and proud
I know you can do it

>>26125100
fuck you anon, i teared up

>>26125100
Dear diary, today OP was not a fag and was in fact based.

>>26125100
thanks dsp

>>26125100
Don't buy anything but LINK if you love your mum. This sounds like it could be a scam though.

>>26123818
Well 15$ seems like good price to test if that works. Some people offered you to give her more money even if she fails but I won’t advice such strategy because she could fall for some fraud in future.

OP post ETH wallet

Lmao 60 years old isn't even that old wtf

Is she literally retarded 15 FIFTEEN DOLLARS what the fuck lmao

>>26127877
if your family isn't poor you wouldn't understand anon

>>26124022
id just give her 50$ next week regardless of price just so she can tell her boomer friends about it. these hags are like broken records to anything they fancy.
think about it, thats like 10 people getting told those 10 will tell 50, out of 50 500 and so on

>>26126505
>shitcoins
>like chainlink
Go the fuck back

>>26126611
I fucking hate normies even though I’m an undercover normie

>>26124007
Based

>>26125100
You could always just wait a couple weeks and then give your mom the $50, and tell her prices are high now so best to wait a while before investing again. Regardless, good on you for being a good son.

>>26124076
Seethe, no coin fag x

>>26128038
Actually this is the best idea. Maybe even print out some fake receipt to show her friends who won't even know what they're looking at.

What's wrong with investing a small amount of money?
It's low risk and you're gonna beat inflation

>>26124124
aww this is so sweet. i wish you were my son

>>26124480
I used to feel sorry for my gf and her mum when she was younger, I used to think she was poor and they struggled. I remember one year she had no money for Christmas presents for her and her brothers.

I have grown up and spent enough time around her to now know why they seemed poorer back then (jobs are the same). It makes me really angry now knowing how she is with money and me being the financial autist I am now how fucking irresponsible she was back then and still fucking is.