/biz/ - Business & Finance

I'm 6 digits and wanna kms

>>26160741
Don't kill yourself. Just 3 more years, I'm sure of it.

>>26160512
I don’t even have 500k yet lmfao
This bullrun better go all fucking year or else I’m screwed.

I just entered with the last chainlink pump, but I grew up poor so fuck you money is only like $30k and I'm far outcompeting even the most diligent of my peers from, parents, and grandparents.

I would like to purchase a vehicle though and i won't do so until I am able to purchase it out right and maintain 6 figures so I am waiting until March or longer link falls. I have paid off my high interest debts and took about $3k extra that I'll just leave in my bank to prepare. I should get a hybrid Toyota, but I want a big truck so that I can run my enemies down in the street.

>>26160512
well just cash out if you are up a few 100% on your investment i doesn't make sense to keep that stock/crypto going rather look out for the next 10x so you can escape the 6 Digit Hell faster.

100k used to be a lot
now its nothing

450K chadlet here. Cant skip work. cant spend. Realizing 1 mil isn't shit. Need 10 mil to quit. challenge accepted.

T. 2024 8 figures relaxed

>392k crypto portfolio
>up 160k since Jan 1
>waging for 45k/yr
>not enough to quit
>not enough to make it
this is truly hell

>>26160935
I have $450k-ish and it's 99% from LINK. I'm not selling shit right now. I have a shit career and no college degree so I need LINK to 10x so I can retire.

>>26160512
> rapidly leaving 5 figure hell
> all I have to look forward to in the next year is 6 figure hell

>>26161124
Are you me?
>Monday morning, link dumping

>>26161267
>too much money to care about wage slaving
>not enough money to tell my boss to fuck off
pain

>>26160906
don't get a new car anon it's going to lose most of its value in 3 years. get something a bit older with plenty of miles left on it.

>>26161013
inflation is out of control in USA

>>26161048
you can retire off 1M even in the USA off current DeFi APYs

My net worth is 70k I'm larping here

Can someone explain what is this 6 figures hell bullshit.

Im a poorfag who only has 10k invested and I'd be more than happy to make it to 6 figures

>>26161863
see
>>26161449

>>26161580
Current DeFi APYs are not gonna last obviously.

>>26161933

Oh, I see your point.
I dont think I'll ever make it to 6 figures, but I'd probably feel the same as you if I ever did.

At least you cpuld buy a house and not care about mortgage or going homeless I guess?

>>26161124
YO are you me? Did I write this?!

>>26160878
Same. Betting big on ADA and ETH.

>>26160512
How do I go from $25k hell to six figure hell

>>26161216
>year
Anon, try 3+ years

>>26161449
>finish PhD
>sitting on 16.5k Link and 0.12 LP
>having to look for jobs when I know waging will be over soon
>but not soon enough

>>26162054
>buy house but still have to work
No thanks. It’s full fuck you money or rope. No in between.

>living in the communist union of europa
>mid 6 figures in boomer stocks
>low 6 figures in yield farming
>wage slaving from home thanks to corona chan

My effective work-load is roughly 1h/day, but I swear to god if I have to do one more retro playing psycho games with project managers and agile coaches, I'm going to kill myself.

>>26162124
How do I get from 1k hell to 25k hell

does 6 figure hell include total net worth or only crypto portfolio?

>>26162054
Yeah, I am being greedy as fuck but the more you have the more you feel like you need to make it. Right now I feel like I need a 10x minimum, but once I’m in mid 7 figure hell i will probably feel like I need another 10x. Making it is a mindset, not a number.

>>26162096
You need link and avax if you want to make it fren.

>>26160512
>2 digit hell

>>26162308
10 figures or bust nigga

>>26162440
And then you realize you can’t in good conscience buy a $150mm yacht when it’s 15% of your net worth, and you can’t even buy countries or build a moon colony, so you have to keep going for just one more 10x

>>26160512
Just need to X5 my folio..
All in Link
Will I /makeit/™ bros ?

>>26161124
I make 50k/yr and with 300k+ in crypto i’d quit my job. I can’t stand it.

>>26162770
I Have roughly 400k and make around 58k a year and wanna quit every fucking day I cant even stand to care about it anymore and its starting to show.

What would you do though if you quit with 300k, you are just gonna eat into your savings faster then you can earn on investments so you will never trully make it

>>26161124
Weird, I don't remember writing this but I guess I must have. I am drunk right now in my own defense.

>>26161449
That's it. That's the tweet.

Hey I just joined this club.
110k reporting in, with stocks though.
Just need 400% now

Someone please just double my money

i’m so close to being out pray for me pls

When does the ball drop? When do you get over the hump and profits just seem to roll in? I assume 7 figures?

>>26160512
just hit 6 figs last week, had to throw away all my razor blades cause I couldn't stop thinking of killing myself

Don't worry bros. Once you get to 300k, your money starts making you money and you're free forever

>>26162096
>nolinker
ngmi

>>26160512
Just reached 100k. It still feels surreal. On one hand, I never thought I would have this much money. On the other hand, it's not enough to do anything.

>>26163499
>When does the ball drop? When do you get over the hump and profits just seem to roll in? I assume 7 figures?
If you have $600k and you earn 6% dividends (not hard to do), you're essentially getting $100 a day of free money

>>26163758
At 100k I'll finally build a geothermal greenhouse. Or two. Build that up as another revenue stream.

>>26160512
>6 figure hell
fuck off with this meme

am I allowed in here if my net worth is 6 figures in my local currency but not in USD?
my goal is seven figures in local currency

>>26160828
Post folio

>>26162571
desu once the moon colony is self sufficient and paying me dividends, then i can just have it launch its own colonies on the house's money
once there are like 10 billion people around the galaxy who owe me their existence, i think i'll be satisfied

>>26164367
Doesn't include another 400 or so LINK I've not bothered to add.

there is no worse fate than being stuck in 6 figure hell. evens the jews in auschwitz had an easier time.

>>26164465
By the time you made it by reaching out and colonizing the last galaxy existing, the universe is collapsing and you loose everything

this holiday weekend has been killing volume but I managed to grind out another 65 DOT
still all in
strong hands

Not gonna lie watching LINK slowly bleed out is infuriating but larp threads like these are what help me through the struggle. No matter how bleak things may seem in crypto, you all know how to lighten the tension via role play. So thank you anons

>>26164588
nah that's just the universe crunching back to its original hot dense form, you just gotta buy the dip and get in early so you can avoid the 16 billion light year wall we cant get past this current incarnation.
trust the plan

>>26164851
meta

You faggots don't know pain. Just wait till you enter 7 figure purgatory.

just realized I am in it, not EUR though so I don't feel anything lol

>>26164851
>watching LINK slowly bleed out is infuriating
be grateful faggot
>lighten the tension via role play
no ones faking here

>>26161124
I quit my job with $100k in crypto and I don't care if it goes to zero

>>26160512
>28
>bored and miserable
>crypto rich with 6 figures hell but cash poor
>have to keep working but cant quit and do whatever
>rapidly losing interest and focus on work but im still too far from walk away money to stop caring
Im hoping to quit later this year from crypto. Going to buy a nice house somewhere, and do art and garden every day. Dont care about anything else.

>>26160512
just entered 6 figures today for the first time
mainly linky gains (4k stack)
how do i make it from here bros?

>>26164549
I only have 4k Link. Could have bought 400k in December 2017 but kept a suicide attack hoping to time the market for a better price and get a huge chunk. Now I will never be unfathomably rich.

>>26165196
>4k stack of link
Fucking hold onto LINK and acheive generational wealth within the decade ez. If you absolutely have to at most cash out 1k LINK to play with, but I wouldn't do anything more than that (wouldnt even do that desu).

>>26165944
That stack of link used to cost 2000.
zzzzz

>>26164996
have less friends, less influence, less cool toys, am less articulate and am having WAAAY less sex now that my net worth is 1.6MM. Real hell.

When I had the 125k job at big tech, I had a gf 9 years younger than me and was fucking one of her friends on the side every other month with her consent. Cocaine and molly flowed like wine.

Now what? I'm a fucking miser staring at a number 30 times a day for the past 3 years, realizing the wish fulfilled isn't my salvation

>>26161124
Same boat except $250k crypto and $84k job.

>>26165944
>Fucking hold onto LINK and acheive generational wealth within the decade ez.
>>26165196
Dont hold onto Link. Last crypto market showed you anything and everything will go 85-95% down from ath. Dont get stuck sitting there for 3 years having to wage slave just to make it finally.

>>26166072
but if i cash out then i suddenly have to pay tax
my plan was hold until i can leave the country (uk)

>>26166601
Yeah. Its UK so idk but paying tax and rebuying again later is still more money then hodling down to 85%. And thats the minimum. Look at some of these coins from 2017.
>vertcoin
>vet
>funfair
Are they even alive?

>>26166601
Cash out to tether before the next crash which is coming in March

>>26160512
I'm stuck in 4 digit purgatory. I'm not sure if I ever want to progress to 5 or above digit hell.

>>26166959
I've been stuck in 4 digit hell for 4 years. I could have gotten out if I took profits the last two bullruns but I always lose everything.

>>26162054
Buying it literally changes nothing, you just swap mortgage repayments for property taxes. If you cash out for the house you just get stuck with all the utility bills while also having not actually improved your income via passive gains.

You buy the house when you've made it, until then it's an anchor to try bring you back in line with the rest of the cattle

>>26160906
Get a used car
CarMax is unironically great

>>26166755
good advice anon, appreciated

I just entered 6 digit hell. I´ll probably die before I leave this place.

>>26161158
based. I have mid 6 figures in LINK and I'm not cashing out until staking so it's like that money isn't even there

I just hit 5 figures! I may be a poorfag but I’m super stoked

You retards do realize that you're gonna get fucked by taxes right?

>>26160512
It’s the taxes. They really squeeze down on anons.

>>26167708
Damn you're right. I should just give away all of my assets because of the potential taxes.

Shut up retard

>>26164140
You'll learn, one day.

>>26164996
fucking this. 7 figure hell but literally only 1.2m usd. its not even what i call 7 figure since a tiny flucuation will bring me back to 6 figures. literally not enough to make it yet i have lost all motivation at my job

I turned 700k into 400k this past week.

pinkwojak.jpg

>>26168034
>hopes for link to do a 10x from here
>thinking im the retard

>>26168034
You won't be able to cash out anything retard , might aswell get a rope now.

>>26167513
What’d you start with and congrats

this is the top

>>26168301
ngmi poorfag.
>>26168437
I wouldn't cash out everything right away, and long term capital gains tax is 20%

>>26160512
Hit 300k this weekend. Feel nothing. Been idled at $140-$180k rang all last year. $70k working from home.

>>26168531
Thanks anon!
Started with 3 figures and I bought KSM

If I could hit $500k I'd cash out and chill for a while so I don't act hastily. That's enough for me to retire. Well not exactly I'll actually need to actively invest but it's otherwise easy at that point according to the math. Now the only problem, I'm no where near $500k. I'd have to wage for well over a decade at this rate.

Guys if I pull out just enough to build me a new pc can i use that as a tax write off?

>>26168774
For now the tax is 20% , just wait till banks will ban you for converting coins into fiat just like UK did recently. Rope timeeee

>>26162204
Thats 25x. IMO thats an unlikely return for BTC.

Possibly ETH going long, when they fix gas prices.

You're going to have to do some value investing, like buying early and holding, over the years.

>>26162204
A job.

There's no way out of the 6 figure hell. You have to luck out getting early on the 0.0000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000001% of projects that pump and actually stay up and don't stagnate into irrelevant liquidity that don't allow you to cash out.

>>26164109
Geothermal greenhouse? Thanks, anon faggot. That's actually a good idea because I'm into farming and I live in a cold climate.

500k here. Six figure hell hasnt set in. That, and I dont want to really change my lifestyle until 2m+. Thats a 4x so a while off.

>>26161124
>200k in crypto
>99k/yr
>don't hate my job enough to quit it
>don't love my job enough to enjoy it
>just tired, so tired of it all

>tfw 4 figure hell

>>26165987
Money can't buy the things we truly desire

>>26162204
Get lucky with a shitcoin. For me it was LINK and PRQ. There will be others.

>>26160935
>i doesn't make sense to keep that stock/crypto going rather look out for the next 10x
It does if you live in burgerland and get taxed on every trade.

>>26160512

>>26164549
>300k
>most of it in LINK not BTC
Oh God anon why? Explain yourself.

>>26165987
you just sound like a degenerate loser though

only those who have accepted christ will make it

>>26171076
That's why he has 300k and not 15k.

>>26161863
10k is unironically nothing. Once you hit 6 fig (especially 250k-400k) you feel like you have too much risk out, but if you liquidate you wont really have that much. So you have to stay strong and not weaken, or you will go mad.

>>26164552
Just wait until you reach 7 figure hell...

>>26171249
Only on /biz/ will they tell you $100k isn't a lot of money. A lot of normies would literally kill for half that.

>>26160512
the only escape RBC

Is $150k enough to be in six-figure hell club, or am I a poser?

>>26160512
but always wondered, if 6 digit is hell, then where am I with my 35k right now after a year of accumulation?

>>26171165
based

>>26161124
there is so many of us in this exact situation i'm convinced we reached the absolute top for crypto. we might crab a few dozen % up and down, but we're never going to see a x2 or x3 from there, let alone x10

>>26171076
What a retarded take. Do you not see the all time % gains you retard?

>Just got to 500k
>Going to take out 200k to buy a house
JUST

>>26171519
you're in the 7th layer of hell. gl getting back to the land of the living

>>26171353
That's because biz is the only non fincucked board

>>26171353
because the dumbass normies you're referring to are never in a position to think clearly about things that happen 2 weeks into the future.

the average normie if they were to inherit 100k would blow through 40k of that on student debt if they have above 2 iq. 60k left over they would for sure take a 10k vacation and upgrade into a 25k car. those with below 2 iq would buy a 40k pickup truck with another 10k in accessories and then unironically give at least 30k away to friends and family

>>26171542
I felt like a high roller and slept like a baby at 35k.

Halfway to 6 digits. Wish me luck

>>26160512
Just hit 6 digits right before New Years, gonna kill myself if I'm not 7 digits by the end of next year

>>26171651
I can't take this...

>>26171888
interesting. but I'm 25 and 35k is absolutely all I could put in crypto. Fucking hell If I was born 2 years earlier I would have >100k in crypto right now.

Fuck my life, fuck my generation, ngmi

>>26161863
lol imagine being a poorfag

>10K hell
What moonshot distribution should I be going for? I hate being so fucking poor

>>26172080
all in NANO/LTO and pray, I guess. Not even ironic here

I’ve made it to I guess level 1 in life. A suburban house with wife and kids. That wasn’t that easy for me being uneducated and running my own business. To make it to level 2 (country farm) you need triple the Funds. My business can only support the suburban life and I feel trapped. I would never qualify for a 750k loan (modest farmhouse with acreage) so I need to come up with this in cash. Not going to happen unless I get 2 million in gains. All this so I can have what a boomer got with their summer job. Unbelievable.

>>26172103
5 digit hell. How is this portfolio?

>>26172272
well, pretty good, 20k more than me so, jealous.

>>26172250
This.
Makes you wonder, when the entire economy halts, what happens to the new generations? We, as a society, either give them everything for free, or they elect a dictator to do that for them (as many times in history) or... they kill all the boomers?

API3 just pushed me into 6 digit hell.

Now I sort of recognise this feel.

>>26171194
>>26171679
Yes exactly. Once you enter 6 digit club it's time to derisk. With this kind of money why would you keep betting on shitcoins when you can instead have guaranteed 10x with BTC. Especially shitcoin which is already in top 50, therefore exhausted its explosive potential.

>>26172272
That's not bad. Just don't spread yourself too thin.
You will make it, just keep holding.
I went from $45k to $500k just by holding and not spreading myself thin.

>>26172437
Yeah most of the smaller amounts were just me throwing around $200-$500 on random projects. I feel like I need more BTC just for a base

Don’t forget in 2018 people lost 95% of their 6 figure stacks! Don’t count on any of it unless you cashed out

>>26172272
>>26172437
>>26172541

What about mine frens?
Doing my best since accumulating with literally half my paychecks for 13 months now...

>>26163379
ill trim your rune armour

>>26172420
How is link a shitcoin? It would be a bigger risk to get out of link than to hold for the next 2-3 years for gauranteed 3 digit link

I started with a initial investment of 4000€ in 2017. I completely missed the ethereum train and swore to myself that I will never miss another opportunity again. So when I heard about Chainlink in 2018 I went all-in with ironhands and never looked back. Now everytime I wake up and check my blockfolio on my phone, it shows 500 000€ and I don't feel anything. This is the famous 6-figure hell.

>>26173124
made x10 with LINK last year before getting out at $17 but still don't understand how the token isn't a scam. I don't see the need for "economical abstraction" as there is no economical ecosystem like GRT or other projects. It's a pay-to-use data oracling service, even chain agnostic, there is no need for a token, and especially less a need for Chainlink company to have 30% when the product don't need that much dev...

Join me in 7 digit hell.. buy calls tomorrow

https://stocktwits.com/symbol/CLF

>>26171353
It depends. For normies it's a lot of money because for them, 100k = new car/truck, vacation, eating out all the time, giving some away to friends/family, paying off debt/loans.

For people here, 100k isn't enough because when the goal is to have enough money so you never have to work a day in your life doing a wagie job, while having just enough to meet the bare minimum for living on your own. Once we hit 600k, that's when we can actually start to feel like we have enough money to live on a minimum income. 1 milllion to live comfortably and independent by neet standards. 2 million to live comfortably and splurge on dumb shit and have extra money for YOLO investments still.

I haven’t told anyone that I have $1M in LINK now. Can’t retire or quit with 1 mil. I thought it would be over at 7 figures ahhhhhh

>>26163824
Fucking meaningless. 20k a week or bust

>>26172707
That looks pretty gud. I refuse to buy ADA because I remember buying at $0.05 a few years ago and I reformatted my computer and lost my wallet which probably has a few thousand dollars in it now. Never heard of LTO, SNX or INJ but I usually try to go into sort of proven projects I see on here not just the really new coins. I hope to see you at 100k fren

>>26172420
Derisking is gay. 6 digits is not a time to slow down or be a bitch

>>26173604
same anon here (phone-pc switch)
lmao, too bad for the ADA. LTO & INJ look real solid medium/long term. Don't know about SNX though, it pumped like crazy, but seem to never stop, people seem to like synthetic assets a lot.
Hope to get in the club soon frens

>>26171076
Cause LINK is going to eventually explode to 100k

>>26171698
Why shouldnt you take just enough to make a down payment for a mortgage?

>>26160512
700k hell.

so close to a million, but a million aint worth much these days.

10 million would be good.