[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 494 KB, 2048x1972, 1610208435571-01.jpg [View same] [iqdb] [saucenao] [google]
26651265 No.26651265 [Reply] [Original]

/britbiz/

When the times comes,
And furlough runs dry,
Sunak's announcements,
Just may make you cry.
With job losses rising,
But money printers print,
The rich will get richer,
While you will be skint.

Picture 2030,
you're 40 years old,
You missed out on bitcoin,
Should have bought in 2012
When max keiser told you,
To be brave and be bold.

The second chance arrival,
Of a token much shun,
It's just like bitcoin,
But on Ethereum.

>> No.26651462

What do you guys do for money? I work in a shop

>> No.26651576

>>26651265
fuk sunak

>> No.26651596

>>26651462
CAD Tech.

>> No.26651625

>>26651462
I'm a NEET who graduated from uni last year. Investing my job seekers allowance into crypto since september, so far better than a real job.

>> No.26651640

>>26651462
Bennies

>> No.26651666
File: 111 KB, 736x736, Tarantin0x.jpg [View same] [iqdb] [saucenao] [google]
26651666

I make beer for pubs.

but they're all.fucking shut!

now I uniswap.

>> No.26651748

>>26651625
paste

>> No.26651831

>>26651265
dead shitcoin, just like that dead shitskin country

>> No.26652007
File: 83 KB, 647x450, dogs_large-01.jpg [View same] [iqdb] [saucenao] [google]
26652007

>>26651831
thank you for your insightful addition to this discussion on the UK's monetary future.

>> No.26652058

>>26651462
Java Dev with work from home job.

>> No.26652313

>>26652007
why worry about your monetary future when your ethnic future is getting decimated? priorities

>> No.26652341

>>26651625
Nice. reckon you'll ever get a job?
>>26651640
JSA, UC or something else too? Always seems so low to me, how do you live off benefits?
>>26651596
>>26652058
Sounds comfy

>> No.26652372

When should I have my work wank today?

>> No.26652387

>>26651265
ethereum $1.6k by end of jan

>> No.26652519
File: 79 KB, 600x513, 1611743192719.png [View same] [iqdb] [saucenao] [google]
26652519

>>26651265

>> No.26652521

>>26651462
Work as a tax specialist, looking at getting into crypto and opening my own firm

>> No.26652550

>>26651462
ESA and PIP

>> No.26652578

>>26651265
NO
NO /BRITBIZ/
NO /BRITPOL/
FUCK
OFFFFFFFFFFFFFFFFFFFFFFFFFFFF

>> No.26652582

>>26652341
Very comfy.
Haven't even been affected by the coof.

>> No.26652734

>>26652578
.t Amerimutt

>> No.26652756

>>26652578
you forgot britfeel

>> No.26653071

>>26651265
software engineer at a bank. Been WFH since March, they money is great but the work is incredibly boring and repetitive.

>> No.26653385

>>26652521
Any insight on how BTC options are taxed? (before they were banned)

>> No.26653495

>>26652372
i need an answer to this question lads
im an essential worker and i have to have my essential wank
it's essentially a national service you're providing here

>> No.26653591
File: 1.58 MB, 3000x1836, NINTCHDBPICT000597982556-1.jpg [View same] [iqdb] [saucenao] [google]
26653591

HANCOCK GONNA FUCK.US ALL /BRITBIZ/

HES IN TRAINING L@@K

I honestly think over the next ten years the calamitous fallout of everything we have been so.far.protected from, will really hit home.

Tax revenue down, public spending up, and so the cycle will go.

Diversify into decentralised finance, because you better.believe they'll be taking a bigger cut of anything centralised they can get their mitts on.

>> No.26653592

>>26653385
I'd assume any gain would fall under capital gains, strictly each transaction is a chargeable occasion. You'd use your acquisition cost + any fees etc less the gain to get your chargeable gain. I'm a Corporation Tax specialist though so my knowledge is limited.

>> No.26653668

>>26652521
I’m a tax specialist too

>> No.26653694

>>26651462
on furlough

>> No.26653801
File: 19 KB, 678x585, 1611691531295.png [View same] [iqdb] [saucenao] [google]
26653801

>>26651462
>£370 per month in Universal Credit
>£240 per month in Jobseekers Allowance
>£200 per month in Digital Skills Traineeship
feeling comfy bros

>> No.26653857

>>26652372
WorkWank@12:34

Don't you know the meme?

>> No.26653889

>>26653857
No. But that would be lunch time and I only wank on work time.

>> No.26654035

>>26651462
consulting for crapita. Work is ez cause its wfh and i get a study day. Just got paid and dropped 1k in link

>> No.26654051

Tf is oxbtc, and will it be as boring as freedom reserve?

>> No.26654106

>>26653668
Nerd

>> No.26654163

>>26652521
If I fly to Singapore and cash out there, would I have to pay CGT?

>> No.26654207

For me, it's Electroneum

>> No.26654313
File: 151 KB, 328x357, insiderhere2.png [View same] [iqdb] [saucenao] [google]
26654313

>>26654207

>> No.26654393

>>26651462
£50k/yr excel monkey

>> No.26654422

>>26654163
>If I fly to Singapore and cash out there, would I have to pay CGT?
You'd still be a UK resident, there are tests you carry out to determine status, look at the Statutory Residency tests. If you're in the UK for 183+ days you're a UK resident. If you want to cash out abroad you'll need to stay out there for at least half a year.

>> No.26655169

>>26651625
Based cz, me too but don't tell anyone

>> No.26655237

>>26652313
Because this is /biz/? Retard

>> No.26655324

>>26651462

Work for a top 10 market cap crypto company, unironically. It's fucking cozy.

>> No.26655652

>>26651462
i invest my entire student loan in crypto, hell, it beats wagin

>> No.26655743

>>26652550
How can I leverage my autismo for these bennies? I would like ESA, PIP, LCWRA and then get a council house and do nothing. Advice? Wagies need to work for me.

>> No.26656020

>>26651462
Operating an automatic flatbed diecutter. ~27k per year. Can't complain too much

>> No.26657194

>>26651462
I work at HMRC datamining 4chan, maybe you're in the same department as me! Small world, eh?

>> No.26657309

What do you guys use for stonks trading?

>> No.26657438

>>26651462
Defence systems engineer

>> No.26657530

>>26657309
etoro but frankly im pissed i missed out on amc at $4 despite me knowing about it because otoro doesn't have that shit stock, so i'm using trading 212 from now on

>> No.26657627

>>26651462
Used to be Chef , now stuck on Universal Credit .

>> No.26657698

>>26657194
I work at HMRC and you give us too much credit, 90% of our systems are from before I was born

>> No.26657821

>>26657698
this
attention is drawn only to the hottest flames, the rest are just 'yeah alright whatever'

>> No.26657949

Trading212 any good lads?

>> No.26657958
File: 12 KB, 250x250, 1606928740049.jpg [View same] [iqdb] [saucenao] [google]
26657958

>tfw £19k/year
I was meant to get a couple grand payrise after my first year working there, but they've frozen all payrises. It sucks because we've taken on about 20 staff too, they can clearly afford it.
I need to stop being so stupid withn career choices. I have a masters degree in >history
End my life I'm useless

>> No.26658213

>>26657958

You're shit at your job anon, this is the most clear way of telling you without telling you.

>> No.26658318

>>26658213
I'm actually pretty good thanks, and they've not given a payrise to anyone. Do you like to put down strangers to make yourself feel better?

>> No.26658358

>>26658213
They will have frozen payrises because of rona retard

>> No.26658478

>28
>just finishing up my PhD (life sciences)
>looking for jobs, got a second interview next week
>£27k, bit disappointing but it seems pretty easy and it's work from home forever
>got ~£300k in crypto (95% Link 5% Linkpool)
>enough savings to last a year or two as NEET
Really having a hard time being motivated to find employment when making it from Link is so close. I'm already getting £5k/year from interest earned on a crypto lending platform.

>> No.26658568
File: 3.69 MB, 4032x3024, PXL_20210127_120852636.jpg [View same] [iqdb] [saucenao] [google]
26658568

Does anybody each cheese on toast whilst trading?

Mmmhmmmm

>> No.26658712

>>26651462
Bailiff.
Pay denbts guys.

>> No.26658729

>>26651462
Sales engineer for data centre cooling equipment

>> No.26658783

>>26658712
do u have a high court writ mate?

>> No.26658907

>>26651462
IT Engineer for a MSP

>> No.26659050

>>26658478
Just put whatever you save into crypto and imagine it being 10x the wage, if you think link is going to X and you can buy Y link with whatevers leftover then you're buying yout future anon

>> No.26659130

>>26659050
Forgot to mention that I'm not being paid anymore, that's why I said I've got enough savings for a year or two.

>> No.26659258

>>26659130
But in regards to your employment, find a job where you can save some money, if it's £500 and you expect to 10x it then you're saving £5000 potentially

>> No.26659418

>>26659258
Yeah that would be my plan, take 20% of the salary and put it into crypto. Better than the 0.75% I get on a help to buy ISA lmao.

>> No.26659539

>>26651462
Normally an events organiser, all that got shut down last year, so I'm double teaming nights at Amazon and a support role at Covid test centres.

I'm making more now than I have at any other time, but considering I'm making up for what I lost out on last year, I'm probably about even.

>> No.26660690

bump

>> No.26660756

>all the meme stocks going up
>markets are still closed

I missed on everything bros ;_;

>> No.26660817
File: 44 KB, 194x260, IMG_2104.jpg [View same] [iqdb] [saucenao] [google]
26660817

>>26651265
You will be very blessed /Britbizzer/. I hope your fellow brethren follow in your footsteps.
>>26654051
Not ox as in the animal. Zero X, 0xBTC. Research. Your fellow Brit wouldn't mislead you.
>much love to you OP. -Daddy Yankee

>> No.26661155

>>26660756
don't get fomo for meme stocks m9

>> No.26661349

>>26651462
On furlough from a sales job.

>> No.26661453

>>26661155
I am only investing 200£ so meme stocks are my only hope mate

>> No.26661628

>>26657698
also a tax specialist, i hate speaking with you morons at hmrc, i don't know how you can call yourself a tax specialist since the majority of you are admin grunts

>> No.26661654

>>26651462
Trader at a bank

>> No.26661828

>>26661453
Buy 0.01 of a bitcoin as it's fairly low rn and then sell when it goes up later today

>> No.26661941

>>26657309
Trading 212

What do you lads use for crypto? I was on coinbase last year but it keeps asking for extra verification and i'm done with it. Im thinking Kraken.

>> No.26661979

>>26661941
Binance and Kraken

>> No.26662026

>>26651462
I manage engineer workflow for a large utility company.

>> No.26662092

>>26661941
Binance, fuck coinbase with its high fees

>> No.26662146

Reckon it's too late to get a cheeky bit of GME cash? Feel like just putting in a 100 quid.

>> No.26662225

>>26662146
why not but it's a pump and dump and you'll have to be very quick when it comes to selling when it does dip.

>> No.26662227

>>26657698
Lol my old man works there,

>> No.26662239

>>26662146
I am starting to think to go on AMC, starting to feel it will reach 25 today

>> No.26662307

>>26662146
ive got £500 quid waiting in my 212 account, i'm feeling 100 AMC 400 GME

>> No.26662328

>>26662225
How quick we talking? I hear Friday is the hard cut-off point for buying but when to sell? I'm a beginner.

>> No.26662459

>>26651462
I have a job lined up. I work in outdoor education teaching kids to kayak and rock climb and stuff but I can't start until kids are allowed to go on residential trips again.

>> No.26662466

>>26662328
>How quick we talking? I hear Friday is the hard cut-off point for buying
I think that's heresay, but it could keep going up because of the news...
I personally feel gamestop and similar businesses are pretty dead, only useful for actual console hardware sales. No one gives a fuck about physical discs anymore. If you buy just keep an eye on it

>> No.26662467

>>26651265
Iexec is the next step in the progression. If you don’t hold any RLC by now then you’re hopeless.

>> No.26662627

>>26662466
Is it not Friday due to that being the promised date the short sellers (who /biz/ and WSB are now fucking hard) made for buying stonks?
I'm definitely not looking at GME as long-term, I want to ride this and get off before it crashes in after the next few days.

>> No.26662652

>>26661979
>>26662092
I might as well go for both then.

What price do you lads think is about right for Monero and Cardano?

>> No.26662674
File: 30 KB, 300x301, 1610171849987.gif [View same] [iqdb] [saucenao] [google]
26662674

>>26651462
caring bennies, profits from mining and trading a portion of my savings on stocks and crypto currency

>> No.26662824

>>26658478
how you even do anything lol

>65k wagie here
> work 1h/day spend 15h/day checking my 6fig hell poorfolio + mining NFTs

>> No.26662858

>>26662627
oh fur shure everyone keeps promises b

>> No.26662877

>>26662146
I reckon it's too risky at this point to bother with GME. If the short positions are already closed then the stock price will take a tumble. If I were going to risk the gamble i'd get in when the price dips after the market reopens today then get out before end of play Thursday.

>> No.26662926

>>26662467
Garbage shitcoins.

>> No.26663130

>>26662877
Where's the best place to watch prices?

>> No.26663168

>>26651462
I am unemployed on benefits.
Because I'm not a retard who buys stupid shit I don't need though and live frugally, I get to put about 400 a month in my investment account.
I've literally invested my way out of poverty using government benefits which any unemployed person could do if they were willing not to buy the latest phone, pirate their entertainment and use their days to study the fuck out of markets.
Poor people are objectively lazy.

>> No.26663440

>>26663168
I haven't met a "poor" person who hasn't been more wasteful or profligate than me. People can call it snobbery but fuck 'em, I see too many fat cunts that say they're starving and unable to live off 100 quid a week for food or some stupid shit.

>> No.26663521

>>26663130
I just use stocks app on iphone but i've already got a watchlist of my favourites set up. Or if im actively trading I stay on trading 212, again i've got a watch list. i'm still new to it though so hopefully others have a better place.

>> No.26663776

>>26663521
I'm just using 212. May as well use some of their 50K practice dosh while I'm at it. I shit myself for a second when it told me I had bought stocks for BAE Systems but that was just a promo freebie.

>> No.26664070

>>26651462
Welder fabricator, £1400 a month after tax, 100k in crypto

>> No.26664158

>>26651666
Devil Trips

>> No.26664390

>>26661628
Nerd

>> No.26664467

US market opens in 1 hour

>>26663776
Yeah 212 is fine. BAE systems actually looks alright for a long, its underperformed for the last year.

>> No.26664484

>>26664070
Thats fuck all. I though welders get shit loads?

>> No.26664697

>>26664484
I was about to ask how 168K per annum after tax was fuck all lol. 1.4K a month is incredibly low for what I assumed was a high skill job.

>> No.26665444

>>26651462
Work for the nhs, 40k a year, good pension. Spent the last 3 years putting half my takehome into crypto so my portfolio is about 6-7 times my salary

>> No.26665601

>>26651265
uk anons i need your advise

i have 200 eth, im a pretty frugal person, realistically should i just sell £10k worth a year? make it last vs. pay 20% to get it all now? (and potential hassle)

also selling all at once might make me miss out if eth goes to $2k+

>> No.26665940

>>26651666
What beer?

>> No.26666192

>>26664697
Apprentice maybe? I dunno.

>> No.26666279

>>26651265
anybody else completely lost hope?

>> No.26667050

>>26666279
Why have you?

>> No.26667930

>>26666279
no, my optimism is high

>> No.26668582

>>26665601
why even sell if you are planning on more gains? what was your entry price and your current capital gains, that might make it easier to get an idea how long it would take to sell it all without paying CGT... unless you plan on moving elsewhere with lower CGT why sit around realising tiny amounts every year when you can just pay the tax and move on

>> No.26669581

So after having my life ruined I'm going to have to pay for all these cunts who got to sit around with their unessential jobs put on fake life support?

>> No.26669898

>>26668582
cost basis was basically 0, so yeah cashing out £10k a year would take a long time.

guess maybe i should sell 50% this year (&pay CGT) to hedge eth price & then drip the rest the following years (under allowance)

>> No.26670075

GME suddenly shot up to 300 from about 140.

>> No.26670156

>>26653591
I wish someone would slit that treasonous little cunt's throat in minecraft, i really do. He's a sociopathic horror, he really is. He'll get what's coming to him one day, I hope.

>> No.26670262

>>26651462
Local stage crew, occasional cash in hand warehouse work and army reserve.

Furloughed from the stage crew work for a year now though.

>> No.26670307
File: 460 KB, 750x1334, IMG_2103.png [View same] [iqdb] [saucenao] [google]
26670307

Are you guys missing the clue?

>> No.26670389

>>26669581
Yes, thanks for that.

>> No.26670886

>>26670075
amerifats have just woke up

>> No.26671058

>>26670886
The NYSE just opened.

>> No.26671092

Trading 212 is down

>> No.26671618

>>26651265
>Max keizer
Ah yes, the guy who jumps on trends long after they are established but has some dank Reddit memes
Made 65% on PMs before that cunt shilled them at ATH. 100x on BTC.

>> No.26671627

>>26671092
Well fuck. Guess I missed my opportunity. I'm too green to buy in to whatever it's going to cost by the time this shit is working again. I should have set an order to buy as soon as the NYSE opened.

>> No.26671724

>>26671092
It's not the first time this week either.

>> No.26672438

>>26651462
Third party permanent contract worker for GSK. Analytical Scientist, £25k pre-tax, doing the exact same work GSK used to do except much cheaper.

>> No.26672460
File: 50 KB, 770x760, 14dnefknm1n41.jpg [View same] [iqdb] [saucenao] [google]
26672460

>>26671618
https://youtu.be/r5CQ8u8vTzg

First mention on bitcoin on max keiser's TV show June 2011

>> No.26672758

>>26665940

Real ale, old man beer but it used to be very profitable!

>> No.26672812
File: 306 KB, 597x559, 1611272965528.png [View same] [iqdb] [saucenao] [google]
26672812

My practice stocks show me what could have been on my first day of trading.

>> No.26672944
File: 450 KB, 512x512, 1594088301482.gif [View same] [iqdb] [saucenao] [google]
26672944

>>26657627
same

>> No.26673634

>>26671627
>>26671724
Yeah fuck it. Do you lad use any other trading apps?

>> No.26673636

>>26672944
What are you getting a month on UC? Just so i can compare to Furlough life.

>> No.26674515

>>26673634
No this is my first time trading. I didn't even know what a short was until last night. Was hoping to make a few hundred or at least give the middle finger to hedge fundies.

>> No.26675238

>>26674515
Looks like Freetrade app is down as well. Fucking joos have fucked us again.

>> No.26675311

70k wagie here.

I have 40k to invest just sitting in an Stock and Shares ISA. Where should I invest it?

I have another 100k saved elsewhere that I don't want to touch.

>> No.26675322

>>26664697
>>26666192
Welding isn't really that good money in the UK unless you're specialized, average wage I've seen is £10-£12 an hour, I'm on slightly less by my wonderful boss Mr Schmule said I can have a pay rise this month if I'm a good goy

>> No.26675407

>>26675238
I just wanted a few hundred or at least a hearty kek, was that so much to ask?!
Actually, I'm still kekking because they're kvetching regardless of whether or not I got in on it.

>> No.26676201

>>26673636
about £900/month, i got made redundant in september tho so still got some savings from that

also told my landlord that if they don't lower my rent i'll just stop paying completely, so pretty set for now, just bored af

>> No.26676324

>>26675407
Yeah its still funny

>> No.26676534

>>26671724
How long was Trading212 down last time?

>> No.26676951

>>26651265
>Paying gas to "mine"

>> No.26676960

>>26657627
Same. I put 150 on GME earlier just for the banter.

>> No.26677024

>>26653801
Do you still live with your parents? I spent what you earn on shitcoins alone in a month.

>> No.26677072
File: 133 KB, 720x960, FB_IMG_1605193776109.jpg [View same] [iqdb] [saucenao] [google]
26677072

What crypto will help you make it this year /britbiz/?

>> No.26677320

Any uk brokers still up?

>> No.26677487

>>26651462
IT Techie. Not very based. 29k p/a.

>> No.26678948

>>26651265
bump

>> No.26680614

>>26676534
Hour or two, I think.

>> No.26681105

I just got back on 212 and bought AMC

>> No.26681294

212 IS LIVE

I REPEAT 212 IS LIVE

>> No.26681385

>>26651462
Im a neet atm so what little shit Ive gotten for birthday and christmas Ive invested (£560 > £2770 atm). Im waiting to see how my PhD applications work out so that I can actually buy shit, its annoying seeing good projects on here but having very little to put on them and struggling to even get suicide stacks.

>> No.26681884

>>26681294
GME wont sell or buy on 212

>> No.26681976
File: 22 KB, 500x396, 1569448822815.jpg [View same] [iqdb] [saucenao] [google]
26681976

I'M MAKING MONEY POSTING PEPE MEMES IN MY UNDIES

>> No.26682007

>>26681884
No GME won't which is a shame by AMC, BBBY, and NOK will

>> No.26682438

just bought AMC
do I get any BB?
can't get GME on Freetrade

>> No.26682779
File: 31 KB, 287x295, jonny hux.jpg [View same] [iqdb] [saucenao] [google]
26682779

>>26655324
>Work for a top 10 market cap crypto company, unironically. It's fucking cozy.

alrite our kid.