/biz/ - Business & Finance

how

Sentinel is freedom.

>>28270439

>>28270393
When did You Enter crypto?

>>28270537
2011

If you were to start over from 20k today, how would you do it again?

And also, was it worth it?

>>28270581
i'd slam it on some small cap yolo and hope to hit it big

>>28270393
How did the earth fill with water?

Thoughts on LTO?

>>28270393
nice I'm at 3.3MM, feel like I won't really have "made it" until I hit 5 tho, but I really want to quit my job..
Started 2020 with 1MM so I'm kicking ass
Are you still working?

>>28270649
If we could live forever how long do you think it would take before we off ourselves?

>>28270749
nope

>>28270393
What do you think of Stakenet, anon?

>>28270849
how many mil did you quit at?
Trying to psyche myself up to quit in March after a bunch of stock vests.

What advice can you give a new/poorfag?

>>28270849
If a faggot jumped on your back would you beat him off?

>>28270886
i quit at 1.5 and focused on crypto full time because the bull run was coming and the risk/reward of doing anything else was just absolutely not worth it

>>28270393
> Are you happy?
> Do you feel fulfilled?
> Donyou feel you have a purpose/goal now?

>>28270393
When are you going to sell? You haven't made it until you sell.

>>28270915
familiarize yourself with the meme chart, learn to predict which phase of the market we are at and make appropriate bets
if you have little to no money, you need to take the riskiest and highest payoff bets you can and reduce risk/reward as your stack gets bigger

>>28270393
Larpfolio, send 0.0001 BTC to a burn address right now to prove you own it.

>>28270393
is stakedao legit or a scam?
what about badger?

>>28270976
no :(
i felt the same way when i hit 100k in 2013 and when i hit 1mm in 2017
but for some reason i felt that i didn't deserve it
now i know how i will feel when i hit 10mm and i am comfortable with that, but i'm not happier than i was when i had 100k total, just a lot less anxious about the future

>>28271023
Would you hire me as your personal bodyguard, guru, chef and mememaker?

>>28270393
>>28270562
>>28270964
Imagine if you just sent an anon ETH as a joke lol. Would be funny haha.

0x494587b34C6A42d919106469781b143a8eD39417

>>28271007
i think in a month or so

>>28270915
Don't believe larping blockfolios

>>28270393
I'm ordering a pizza and I'm 1 btc short, any tips?

>>28271101
No begging, if he wanted to give out money he would have made a thread about it.

biggest mistakes you made?

>>28271177
wasnt begging bro, just thought it would be a funny joke, dont you think?

>>28271101
sent ;)

Holy fuck.

How the hell did you hold through the 2017 crash and not panic sell everything lol

>>28271023
in which phase of the bull run are in right now, anon?
please give advice to a poorfag on this and also what alts to put more money in? Good job!

>>28271150
kys midwit

>>28271195
not selling at the peak of 2013 and 2017 and losing 90% each time

>>28270393
what's the next sushi/uni? boneless or bone in? ranch or blue cheese?

>>28271101
have fun with the ben faggot

Which low cap coin would you bet on right now?

>>28271246
i didnt. i had 1mm and i was down to 100k in 2020. but one of my ICO bets saved me and i was up to 1.5mm in the middle of 2020.

>>28271223
HOLY SHIT THE MADMAN ACTUALLY DID IT.

Thanks anon, thats going to put dinner on the table for my family.

>>28271248
greed

>>28271223
0x90372F8986701F78A4a5cF832724cfFE58389aac

this is one airdrop im aping into on time

>>28271340
when do you think this bull run will end? WIll it last through the summer or sooner than that?

>>28271269
i think the next sushi/uni is sushi/uni
boneless
blue cheese

It kills me knowing I was seeing trading btc off and on when it was only $300 but I didn't buy a fat stack just to hodl. I've got $230k but that's so short of 1MM

which low cap coins would you ape into if you were a poorfag again?

>>28271295
not sure, haven't really followed anything lately so can't recommend

>>28271340
You thinking the GBR isn't going to last much longer?
Don't we have another year or something?

>>28271305
Fuggit eat your pizza

>>28270393
You’re about to lose half that

>>28271023

what's the "meme chart"? stf? ws cheat sheet? rainbow?

>>28271387
i think another month or two tops

>>28271340
by the way do you mean Euphoria?

>>28271387
i think another month or two

>>28271432
Are you planning on hiding this wealth from potential friends or mates, or will you use it to gain them? If so at what point will you reveal your wealth to potential mate?

>>28271404
so sky's the limit on em? Thanks for the insights anon, doing yeoman's work here.

>>28271465
no, i mean greed

>>28271483
The entire cycle?
Doesn't the halving cycle last for roughly a year?

What is your day to day like? Is there anything you do now that you're rich that you couldn't do poor?

>>28270393
Any advice for a beginner at crypto? Do I get eth or try shitcoins to flip it first? Spare an eth?
0x906c4904B2F7A50d44c531fe6e8499a577b64Bfb

>>28271532
thank you!
since you've been in the space for so long, is this bull run any different than the ones before?
in terms of this chart

>>28270393
>>28270562
Yet another braindead retard who does nothing except get in Bitcoin early and now thinks he is an expert trader or that his opinion means anything.

You could have had so much more than you do now if you weren't just a braindead drone that held onto the same shitcoin for a decade.

>>28271485
i have stopped talking to them about my wealth and i just keep a low profile
i tell them i sold at 30k and/or that i lost a lot
it just causes unnecessary friction

Congrats, that's all.

Do you think we will see a large correction like we did in 2018 again or is the institutional investing large enough that the BTC price will stabilize?

Also I think you suck dicks, is that true?

>>28271611
no

>>28271611
same, felt that the first sell off was the dump from ~40k to 29k.

>>28271541
have you seen how much btc is up from the bottom? eth? defi?

>made it
>lagdroid
lmfao

>>28271303
fuuuuuuuuuuuuk that is gnarly

>>28271673
will there be another correction before we finally enter bear territory?

>>28271634
Oh I should also add. OP is probably a pedophile or drug trader like most of the early Bitcoin owners. Hope your past crimes catch up with you and you go to prison for life.

Congrats anon. That’s really awesome.

>>28271634
Absolutely seething

>>28271576
mostly i don't have to worry about having financial problems ever in my life
crypto still takes up the vast majority of my time but when this bull cycle is over i'll have to do some serious thinking as to how i want to live my life

How much did you put in initially and where?

Did you take profits or just reinvest?

>>28271636
>>28271532
this is sad but i only could only put in $7k into GRT. am i making a safe move? idk when to cash out. i really need to pay off debts, tuition, bills, etc.

>>28271708
Anon, it went at least 10x both of the last cycles.
You're suggesting this time that the increase in BTC will be limited to 2.5x or so?.......

This is kinda cringey.

>>28271303
How do you find good ICOs?

How do you find the balls to make plays when you're in six figure hell? I have a very difficult time throwing $250k at something I think may blow up. It's not like it was when I was just tossing $10k at shit.

What are your thoughts on STATERA?

You could pool that and live off the passive income for the rest of your life.

Check it out...

Hope for a moon shot with this so i can put a deposit down on a house..

>>28271672
i think we will 100% see a correction
maybe it will be dampened and it won't be to the tune of 80% like it was in 2017
but the mere fact that you are thinking that "this time is different" imo is testament to the fact that this cycle is coming to an end
time is a flat circle, m8s

>>28271764
seeeeething

>>28270439
It's pretty easy, just download blockfolio and enter whatever numbers you want. Seen a guy who put in a Trillion bitcoins before. Being that rich, phew boy.

I actually do have a question. How would one go about when withdrawing such a large amount of money? There's restrictions on how much you can withdraw on most exchanges. And how would the bank accept such a large transfer?

>>28271824
Considering how hard he got burned last time it's understandable he wants to jump out early this time, with his stack it's definitely better to cash out too early than too late

>>28271223
shot in the dark but if you wanna donate to my sons college fund I'd pretty much get your ID tattoo'd.

0x581feAa42C8f2c7Cb4b9B71d523A57C246f44CBe

>>28272011
nice job anon he's a beautiful boy.

>>28270393
If you're me RIGHT NOW, what would you do. Please help me OP.

>>28272011
You're a filthy fucking piece of shit.
You took out giant loans to go to meme school and now you're begging people that are LARPing as "having made it" to pay for it instead?

Fuck yourself.

>>28272075
WHY ARE YOU ASKING HIM FOR ADVICE. ALL HE DID WAS BUY BITCOIN IN 2011 THEN SIT ON IT FOR A DECADE. THE ONLY TRADES HE MADE HE ACTUALLY LOST MONEY. HE IS A FULL BLOWN RETARD WHO BASICALLY WON THE LOTTERY. HE KNOWS NOTHING, IF ANYTHING HE KNOWS HOW TO LOSE MONEY.

>>28272171
Damn shoulda read the thread

>>28271483
I don't know if you could give me any tips or advice, I just turned 21 and my parents are both burnouts I'm getting into crypto to try to move the hell out and make something of my life, any help would be appreciated.

0x23a469736CdCeC6faa0F33ab214aC9E0A18bd5c6

How would you cash that?
Do they give 5 million just like that?

>>28270393
What wallet is that

>>28271647
ty
>>28271749
i'm not sure. i think we'll go to like 50k and maybe dip again before going to ~100k and then we will drop back to 20k.
>>28271799
i put in 2k into btc in 2011, then i bought ethereum at presale. i had 400 btc and 10k ethereum at one point but i traded it all away. i still have 10 bitcoins that i have saved up for a rainy day and i never touch them and i am up on them the most.
don't trade, just hodl.
>>28271824
what are you talking about?
btc went from 3800 to 48000. where do you see the 2.5x?
>>28271834
you have to develop good metaheuristics. biz was a great source back in the day but now it's kinda lagging behind the cutting edge (which is defi) and it's on the same level as reddit's ethtrader or cryptocurrency.
>>28271848
put half your stack into btc/eth and farm with it. use the farming money to make yolo bets. convert to btc/eth. repeat.
>>28271934
i sent money from my wallet. you can look at the history of the wallet and you can decide for yourself if i have the 6.5mm now.
>>28271983
at this point of the market cycle, it's really important to get this right.
if you cash out at 80% of the bullrun and you're wrong, you're only missed out on 20% of your gains. but if you hold on for too long and you try to time it, you can lose way more. and it's really important to have a stack so you can make bets during the next bull market.

Does it feel as good as I imagine it feels? Be honest.

>>28272244
assuming he is doing his taxes, why wouldn't they

>>28271023
>you need to take the riskiest and highest payoff bets you can and reduce risk/reward as your stack gets bigger
This shit is fucking impossible though, how do you not get rugpulled? If I make the wrong move once I lose my entire stack and that's it, I have no new money coming in

>>28272244
i'd have to pay taxes, unfortunately :(

>>28272296
no, it doesn't.
the difference between being a student and making 10k a month is significant. everything from then on has a diminishing return. i know that when i hit 10mm i'll just want to hit 100mm.
you won't find money in happiness, sadly. but it will make your life a lot better.

>>28272275
where do you farm ETH and BTC? I am very scared they could hack the protocol and run away with my coins.

>>28272393
I'm pretty happy just circumstances in my life make enjoying things hard but I think your right depression happens at any age or status.

>>28272415
borrow stablecoins on aave/compound/bzrx against eth/btc.
rn it's kinda impossible to do for small stacks because the gas prices are absolutely insane.
but that's what i did in 2020.
just farmed and slammed on bets to increase my wealth and then stacked btc/eth.

>>28272171
i went from 100k to 1.5mm and then 6.5mm rotating between btc/eth/defi.

>>28272508
Thank you for the tip! I snipped it for future trading.

>>28272393
Thanks for this answer. It's good to hear that in a way, I'll make an effort to try not to let myself tie my anticipation of happiness with making it. I think it would be good to not have to worry about money, though.

>>28272508
on what coins can I place a bet for solving this madness with the gas fees? ADA? CHI? Any ideas please?

>>28272334
then you'll have to get a job and rinse and repeat.
buying btc and holding it is completely cucked if you have no other crypto. you have the greatest risk/reward opportunity of a lifetime. use it wisely.

Seems like we're in for a big recession. What do you hold other than crypto?

Also, thoughts on if Doge has more upside?

>>28272560
what is the formula you have for rotation? i'm starting with not alot of money and don't want to fuck up a bunch at the start.

>>28272334
It's bad advice because he is a fucking retard, see >>28272171

If you don't have much to invest with, you can buy something safe and consistent like ETH, GRT, DOT, AVAX and DCA (dollar-cost average) in. You can diversify to help lower risk if one shits the bed. Just stick to major exchanges with percentage-based fees (Coinbase Pro, Binance, Kraken, etc.) if you don't have much money otherwise gas fees will eat away at your wallet.

Most importantly, do your own research because you know your own financial situation and what level of risk you want to take on. Check out the white paper, the dev team, the locked liquidity, the top wallets, etc. You should research and feel confident in your investments so you don't just panic sell as soon as it dumps and so you aren't just FOMO'ing into the giant green dildo.

>>28272652
eth ;)
L2 scaling solutions are coming.
ada is a smokescreen. nobody is building anything anywhere except eth.
i like bets on crosschain tokens like rune because that way you get to capture the value of all chains other than ethereum that might become popular.

>>28272275
>what are you talking about?
November 2012 = ~12 whole dollars
November 2013 = 1,335

December 21, 2016 = 12.9b
December 20, 2017 = 291b

March 18, 2020 = 95b
February 10, = 858b

I get that we're doing a normie bait thread, but you're a fucking piece of shit.

>>28272275
when you say cashing out, what are you thinking of? stablecoins in curve? fat stacks of VOO/SPY? PMs? Real estate?

i've been considering dabbling in qualified opportunity zones to defer cap gains, if you're a burger, that is.

>>28270393
You don't have to give a direct answer, but what was your job before you went full time on crypto? How much did you start investing with? Did you just save up money from your original job or get it from other assets?

>>28272663
nothing. i have a condo that i bought off my crypto gains in 2017 and now 95% of my net worth is in crypto. it's insane to not attempt to capitalize on the greatest wealth transfer from nocoiners that we will ever see.

>>28272770
It's called XSN, brainlet.

>>28272836
Gabe's face is like a mask of his own face layered on top of itself several times, to the point I wonder if the base layer is really in alignment with the outer layer.

>>28272066
thanks anon!

>>28272687

>>28272770
when you say cross chain tokens. How about REN, PCX? I also like cross chains. Thanks for the RUNE tip.
How high do you see ETH going though? Is it true the $10k memery?

>>28272754
t. a poor

>>28272560
If you bought BTC at the most expensive point in 2011, then just $2250 would be 7m USD.

If you bought BTC at the cheapest point in 2011, then just $45 would be 7m USD.

You didn't do anything special and you are a fucking moron.

>>28272815
what are you responding to? i have no idea what you're trying to say.

>>28270393
>not holding link

no, sorry, ngmi

>>28272834
real estate, bonds, stocks, gold. i will sell half my crypto to invest in the aforementioned once i feel the bull run is coming to an end.

do you think someone with 2k in 2021 is ngmi or do i still have time?

What would you do if you only had a few hundred dollars to start out, now? What's the best strategy these days - is it mostly DeFi and staking new shit, or is it just buying and selling memecoins day-trader style etc... what's a good way to go with a few hundred to invest into this and turn that into the big cash over time provided you don't get too greedy or do anything too stupid?

Also, hell I'll ask here since you've got some Tether and I was recently stupid enough to transfer some earnings into it (from a regular currency ) just to "save", without realizing it requires ETH to either exchange it or transfer it to another wallet. Got like $300 in Tether or so, but no way to get it out! I transferred some scraps into ETH in order to get Gas to move around the Tether (something like $18 worth of ETH) but its like my wallet (Edge) doesn't "see" the ETH so it keeps claiming it can't move the Tether because it needs ETH and etc. Also it doesn't tell me how much ETH is necessary in fees to move the USDT. I just want to either shift the USDT to my Metamask wallet to fuck around with DeFi shit or exchange it for other currencies (Edge has built in exchanging through a variety of places). Its like my damn money is "locked up" in USDT and I can't get it out which is pissing me off. TThanks.

>>28272872
That interface is pig disgusting.

>>28272836
i had dropped out of college to work full time. i was making a lot of money at my job so i wanted to learn about investing. i was reading bogleheads forums and i put 2% of my net worth into a risky asset as per their teachings. it was 2k in 2011. after that i never put in another dollar.

>>28272959
I'm trying to say you're an idiot.
It went 100x the first cycle
It went over 10x the last cycle
It's gone nearly 10x so far this cycle, but now we have billionaires and huge hedge funds cashing in with significantly expanded retail interest.

You're a piece of shit. You're spreading FUD.
Fuck yourself.

>>28270393
Congrats anon! Make good use of your extra time

>>28273101
Damn wise move.

Hey OP you should totally give me some. I'm a total fuck up with overdue debts hahahaha.

>>28272834
>qualified opportunity zones to defer cap gains
what are these zones? give me examples please and why no tax on capital gains there?

>>28272925
i think we'll see a pullback at 53k btc (1 trillion market cap) and 2k eth. i plan on selling off a portion of my portfolio as we move towards what i think will be the new paradigm phase of the bull cycle.

>>28273092
You can turn all of the normie bait off and have a simple and clean UI.
They call it SSUI or Simple Swap User Interface, so it'll end up being a lot like Uniswap, super simple.

>>28270393
That's not making it. 7 figure hell

>>28272994
Thoughts on LINK? Still worth the hold?

>>28270393
How old were you when you started?

>>28272994
Oh i guess one question, in your opinion Where are we at in the current cycle? Half way? What are you looking for the end of the bull cycle

>>28270393
how do you cash in the money. Do you just pull like 100k at a time? If not how to handle the taxes and transactions? Do you hire a lawyer to calculate the tax and inform the bank before each cash in?

>>28271764
>>28271634
lmao chill bro

>>28273101
LOL You literally lost money by trading and you just admitted.

The exact amount you lost depend on when you bought it, but it sounds like you lost quite a bit (anywhere from about 10% - 95%). You are fucking braindead bro. You had the golden ticket and squandered it.

>Tether
Bro you just posted cringe.

>>28272957
maybe you should read the thread again. i was down to 10% of my initial investment at the beginning of 2017 and 2020. then i traded up to 1mm in 2017 and 6.5mm in 2021.

>>28272957
seething

>>28273161
There is no way that btc doesn’t hit 100k this cycle and eth doesn’t hit at least 5k-10k. You’re a larper

OP if you've been in since 2011 and you don't even have 10m I have a hard time trusting any opinion you may have. Good luck to you, you definitely have made it, but you clearly aren't a trader. You bought and held btc

>>28272560
Do you not have to pay taxes when you convert coins to another coin? Big noob here trying to learn thanks.

>>28273209
greed
the most surefire sign is when your dumbest friends are making money

>>28273245
He literally put $2000 in around 2011 and then tried to trade and lost a huge amount of his money lol. Kid is a fucking retard. All he has going for him is his money that he donked into through pure luck and even then almost managed to fuck up by making horrible trades and losing over 50% of his potential wealth.

>>28273268
He's doing the whole "cycle is ending right when it's beginning" bullshit we've been seeing the last few days.
He's a brainlet and doesn't understand the GBR cycles.

Taking his advice will lead to buying rope.
We certainly still have at least six months left.

>>28273161
how do you recognize when this phase "the new paradigm" kicks in?

>>28272957
seethe more you're ngmi lmao ya fuckin crab.

>>28272340
only if you report lol

>>28273347
>doesn't understand the GBR cycles

What are GBR cycles?

>>28273335
does seething this hard make you cope better with being such a failure poorfag?

>>28272770
I thought L2 solutions would tank eths price.
Gratz on the portfolio, anon. Just made it to 7 figs myself.

>>28273276
10% of your initial investment would be $200 you lying retard snake.

So are you larping or are you just a dumbass who just won the lottery through pure chance?

>>28273379
I'm very well off myself, no need to be concerned about me. I'm just laughing at OP and all the newfags who think his advice is worth literally anything. The kid has bled money any time he did anything except hold.

>>28272275
>i had 400 btc and 10k ethereum at one point but i traded it all away

>>28273251
i said earlier in the thread that i am up the most on coins that i held from the beginning. right here: >>28272275

>but it sounds like you lost quite a bit (anywhere from about 10% - 95%).
i already stated that i was down 90% from the top of the bull runs twice in 2013 and 2017. right here: >>28271264


>You are fucking braindead bro. You had the golden ticket and squandered it.
how did i squander it if i have 6.5mm?

>>28273198
sell that pile of shit crab coin.
ZERO
E
R
O

uses other than funding serGAYs lifestyle with his weekly 1.5 mil stinky drop.

>>28272896
what phase are we in right now?

>>28273155
areas with lower income usually, not always (you can check govt maps for zoning). basically you can defer capital gains by buying and fixing up property or starting a business in these areas. cost basis stepped up 10% after 5 years, but the real kicker is cost basis is increased to fair market value after 10 years. good play if you're buying a plot of land and building up a duplex or something to rent out

>>28273479
Because you would have had 65m if you just held onto it and did literally nothing? Are you braindead or what part of this are you missing?

How you can even be down 90% when the market was never even close to being down 90% is mind boggling. You somehow manage to make the worst possible trades but because you donked in so early it doesn't even matter kek. I hope you find nothing but misery and pain in your pathetic excuse for a life.

>>28273335
seethe, cope, dilate, sneed, feed, etc

>>28273323
A sure sign is when 90% of biz is portfolio threads like last time.

>>28272011
This is embarrasing, imagine your son saw his father doing this, pathethic. Why did you have a child if you're not ready to support them? Selfish prick.

>>28273368
your girlfriend's mom calls you up and asks you if litecoin is a good investment
your normie friends start hitting you up and asking you why you didn't tell them to buy btc
there are courses from scammers that you can buy so you can get rich off bitcoin
everything on the front page of coinmarketcap is going parabolic in the last 7 days
the dumbest of your friends are making money

Hey man, trying to make it like yourself. Congrats btw, I got a senpai so I’m not so risky but was able to get 3k to 26k. Wondering you’re suggestions? I’m in rubic right now with 11k and 13 in link. Rest are yolo ones

>>28273507
nice!!!!!!!! what's your play on that? Buying and fixing condos?

>>28272164
learn to read

>>28273541
Yeah kinda shitty I could use help, this guys just asking for gibs for hid "kids college fund"

>>28273466
Yes, he is absolutely braindead and openly admits that. With every trade he just absolutely bled money like a stuffed pig.

I am a bit confused of how you even manage to fuck up THAT bad. He is just really, really fucking stupid I guess lmao.

Is it better to cash out before the end of the bull run or to tether up instead?

>>28273498
already answered this several times

>>28273423
The last three cycles, we've seen a slow climb the year following the halvening.
This cycle may have gotten a jumpstart due to DeFi, Musk and Michael Saylor, but suggesting it's about to end in a quarter or two is asinine.
We've literally just begun.
You've all seen exactly nothing.
It halved like eight or nine months ago. It lasted for like eighteen months the last couple of cycles.

>>28273585
I meant a family not a senpai lol

>>28273529
and if my aunt had balls, she'd be my uncle
post your crypto portfolio, prove that you own the eth address like i did and let's see some of your trades. i guarantee you i outperformed you in 2020. you sound poor.

>>28273101
>What are some good resources to learn how to manage your money? If I've got 100k, what should I do with it?

How do you allocate risk?

>>28273571
BUT I think most of these are happening even today.
- remote friends have gotten in touch to ask me about btc
- parents asked me about btc
- i have stupid friends who make money off crypto.
Is the top in already??

>>28273453
imagine being this utterly jealous kek
Sorry being “smart” hasn’t helped you faggot

>>28273571
Thats right now anon.

>>28273571
The new paradigm is when retard shitkids who lose 90% of their investment because they made the worst possible trades over and over across the span of many years somehow manage to donk themselves into making it simply out of principle of them buying in so early.

It's actually mind boggling how much you managed to fuck up. I can't wrap my head around it. And then you actually give advice to others LOL

>>28273615
Dude don't be so mean just be happy one of us plebs made it.

>>28272872
cool animation, maybe I'll buy a bag

>>28273598
Fine. Him planning to send his son to meme school isn't any better though.
What a brainlet.

>>28273603
This isn't some street corner you beg on, poorfag.

>>28273674
Hope you're right I need another 2x before I make it :)

>>28273638
not talking about greed, i mean this pic >>28272896

>>28273683
that's why i think the top is close. when the normies come, we're very near the top of the cycle.

Larping or not, there was some sound advice. Thanks anon, have a great life and find meaning beyond your primal needs.

>>28273729
Your right it isn't my apologies I'll delete that.

>>28270393
>made it
Literally only fucking shit coins. Shit coins the entire larp portfolio full. Fucking cringe. Cut your dick off OP.

>>28273699
and that's why i think we have a month or two left.

Why dont you have a million in GRT? Dont you want to make it twice?

>>28270649
so dogecoin?

>>28273677
freudian slip lmao

>>28270393
Half a bitcoin would pay off my car loan, while 3 would pay off my car and my house. Is debt a good or bad thing, OP
bc1qj3rzxrreuk8exhg9e2kple3pljvrdmc2rax2y0

>>28273771
but as the space gets bigger wouldn't the normies come earlier and earlier each cycle because there is more to tempt them here?

>>28273771
the one thing I am missing is - - how does the institutional money change the cycle? Microstrategy, Tesla, etc? DO you have an opinion on this? Or will this just keep the price of BTC relatively high and all shitcoins will die off?

>>28273765
phase 1

>>28273721
Buying less than 15k XSN might mean buying rope down the road.
I'm no financial advisor, but it might be a great opportunity before we hit warp speed.

>>28273790
We do this every once in a while to purge newfags.
You're probably already reported.
Sorry, bud. Gotta learn the hard way.

>>28273836

Dont beg thats fucking pathetic

>>28273836
Just half jesus christ I have no debt with a shitty house situation, you took out loans and beg for someone to pay them?

clownworld, parents begging middle class begging....

>>28272896
thank you, i'm sticking around in the thread to make sure you don't have any more tips.

>>28273679
I got in early on both AVAX, DOT, and GRT; sold LINK at $23, and haven't owned a Bit(shit)coin in years. Anyone still holding BTC atm is retarded or just completely risk averse (then why be in crypto)

You literally lost 90% of your investment in a decade. That is the saddest shit I heard lmao

>>28273836
Fuck off retard no one is giving you 23k

>>28273789
There was ZERO sound advice. You are literally listening to someone who admits to pissing away 90% of his net worth through a series of horrible fucking trades.

OP do you think NUPL chart is reliable?

>>28273890
why do you think we are in phase 1? Aren't we in Altseason (phase 4) already?

>>28273848
Exactly. This is the only caveat to reading in to previous cycles. It may start sooner, but that translating to it taking half of the time to hit the top seems like an over reach.

>>28273910
I'll take my lashings.

>>28273848
>>28273871
i think it doesn't. it might dampen it but i think we'll definitely see a really brutal correction of 60-80% like we always do.
the meme chart is a meme chart for a reason.

>>28273498
we're clearly in altseason

>>28273938
What are you holding now?

>>28273915
HE BOUGHT IN 2011 WITH AN AMOUNT THAT WOULD BE EQUIVALENT TO 70M+ IN BITCOIN TODAY. HE THEN PROCEEDED TO PISS THAT AWAY THROUGH A SERIES OF MANY HORRIBLE FUCKING TRADES

WHAT PART DO YOU NOT UNDERSTAND LOL

You newfags are just pathetic man. It's one thing to not do your own fucking research, but if you are going to let someone spoonfeed you, at least make sure it isn't someone who has consistently blundered at every turn.

>>28273938
>You are literally listening to someone who admits to pissing away 90% of his net worth through a series of horrible fucking trades.
Imagine getting justed more than once on your own retardation and then having the gall to go and try to convince people to sell so you can get in cheaper in a desperate panic to not miss out another damn time.

"1 BTC gives me a vacation, 14 Pays for my yacht, cmon OP shouldn't I be debt free?" *Lights cigar on the beach*

>>28273945
so the path to altseason happens several times during the bull cycle.
btc pumps, it makes it way over to eth, then it spreads to alts as new market entrants "diversify."
this gets attention, more money enters the market through btc, alt money goes back into eth/btc as it pumps. then the cycle repeats several times before new paradigm phase of the market is reached.

>>28273990
Sure, but it literally just began this fucking week.
This guy is trying to tell us this is quarter or the next one is the end of GBR like some fucking maroon.

>>28273990
>>28273945
No, eth has only started to outperform btc. I'd say we are in super early phase 2.

>>28273890
Look at ADA and BNB. They’re large caps

I actually do have a question. How would one go about when withdrawing such a large amount of money? There's restrictions on how much you can withdraw on most exchanges. And how would the bank accept such a large transfer?

*Trolls and beggars quiet please I'd like to hear the successful people talk.*

>>28274047
What the fuck are you talking about? Trying to get people to sell what? Bitcoin? Dude I don't give a single fuck about Bitcoin and some random poorfag anon selling their bitcoin would be an absolute fucking drop in the ocean, so why the fuck would I care in the slightest even if I was going to buy bitcoin?

bitcoin has been a consistent underperformer for years and only dumb boomers buy it because "muh store of value!!"

>>28274095
brilliant!! In that way, doesn't each phase last a few days to a week or two tops?

>>28274020
i had 400 bitcoins in 2011. that is not 70mm.

>>28274172
>bitcoin has been a consistent underperformer for years and only dumb boomers buy it because "muh store of value!!"
kek
post blockfolio pls, let's have a good laugh

>>28270393
Since when is million MM and not just M? I feel like like I've been Mandella affected

So you put 2% of your money into crypto. What'd you do with the rest?

How would you divide 100k if that was your life savings?

>>28274182
What would you invest or do with only 26k? Any advice?

>>28270393
where's your dHEDGE fund that I can invest in?

BTW Ox has gone up almost 10% very recently probably gonna drop and regain again.

I'm poor but I'm figuring this shit out slowly.

>>28274182
>and 10k ETH
kill yourself lying cocksucking snake

>>28273804
But isnt this time unironically different? Were seeing governments and fortune 500 companies entering. Were seeing bond yields at 15% that are unheard of in traditional finance. No where can you get returns on dollar like defi. Is this the adoption phase? Economic revolution. Yes new paradigm but for realzies

>>28274095
kek now you're switching to "I was talking about the BTC run the whole time, not altseason... duh!"
Are you always this shit at this?

>>28274172
Yeah, I guess it did sound like I was talking about you after rereading...
Oops
I meant OP

>>28274278
eth wasn't around in 2011, dumbass

>>28271955
prob a wire transfer of some sort with a fat fee

>>28274095
U said u traded and farmed defi in 2020.... why no Link?

>>28274095
Considering last cycle bitcoin corrected 5 times and we’ve only seen 1 major correction so far make us feel early in the cycle? Also do you think 4 year crypto cycles will end one day or will it happen for the rest of our lives after every halvening?

>>28270393
Can you buy tendies from your local minimart?

>>28274320
He's right it wasn't only BTC my Uncle told me he was gonna buy 600 worth in 2010 but his ex fiance convinced him not to.

>>28274237
Me too. I noticed months ago.

>>28271634
copium maxima

>>28273674
People aren't reading the meme charts anymore, the cart is breaking. Time to upgrade.

>>28274020
he made mistakes because everyone made mistakes, he also explained simple shit to plebs like me who need to understand the basics in a field (crypto investing) which has very little tradition built in to it. he explained phases and the meme graph, thats pretty much all i needed so far.

>>28274166
Most exchanges will buy your btc/eth otc if you email them when you're buying or selling a large amount. They don't want your order to affect the market. Call up your bank before making a wire transfer or else they freeze your bank account. It has happened to a few anons on here already. They will ask you a few questions. Just answer honestly.

>>28272011
As a father I tell you: delete this.
Have a little shame and decency.
OP is probably a larp anyway ffs.
Feel bad for your kid seriously.

>>28274320
Did I say it was you braindead cocksucker? you said 400 BTC with 10k ETH

So originally you had 60m worth (buying all BTC in 2011)

then you had 36m worth after making shitty trades

then you finally have 6.4m worth after making even more shitty trades

As I stated, you have bled money for years like a fucking retard. From 60m to 36m to 6m

>>28274336
Ey
There we go
See, not everyone here is a complete brainlet

>>28274172
>bitcoin has been a consistent underperformer for years
kek pray tell which coin performed better
and post your portfolio

>>28274454
He's probably a junkie like my parents they have zero shame.

>>28273822
Look for 200+ rank promising projects. Lto is in my head rn, Rubic is also promising for real but risky. Injective Protocol, coti, dusk, fantom maybe also. Choose by yourself always or you give up hodling.

>>28273938
Post your poorfolio or fucking beat it

>>28274436
It might end in like October or November this time, anon, sure...
It just feels like OP is a brainlet for suggesting it's about to end when we're just starting

>>28274448
That makes perfect sense. Thank you!

>>28274225
Can you hire me to mow your lawn?
I could use the work

>>28273335
mate the same could be said about any and everyone in this highly speculative sphere

Anon, congratulations for making it. I started last month and I've doubled my money. Any tips for a poorfag?

>>28271634

>>28274472
>>28274542
Nope. I am well off and don't care about some justification online. I just get pissed when fucking retards donk into money simply out of principle of buying super early and then act like they are an expert. Then you do a bit of digging and find they lost damn near 90% of their net worth through multiple horrible trades spanning across years. It's almost mind boggling how consistently poorly you can perform.

>>28274601
He would be 9200x on his money (had he not fucked up multiple times with poor trades). No one would ever account for that and it is purely luck donking (as evidenced by him repeatedly bleeding money on everything past the initial investment).

>>28274623
should probably consolidate
asking for advice here is silly. you'll just get dumped on
i'm not a financial advisor

>>28274456
oh okay, so bitcoin's true value is whatever it will be worth 10 years from when it's purchased? that's some nice logic, man.
>>28274336
is it true that we've only seen one major correction? i think we've had more than on that was 20%. we haven't had a 40% correction though which i feel might happen after we hit 53k and get to 1t market cap.
i think the fact that it's a global market that uses leverage (imo these bitcoin 'corrections' we see during bull runs are mostly deleverage cycles-- btc drops 5-10% and then the liquidations cascade and bring the price down even further because many in crypto are overleveraged retards)

>>28274623
Here's some advice: don't get advice from someone who has pissed away 90% of his wealth since his initial investment because he has no fucking idea what he is doing.

Honestly you would probably be better off doing the complete opposite of what he says since he somehow manages to perform so consistently terribly

>>28274623
Started with 900 now 2300, im in same boat as you. Ik all beneath ada are residuals, but i would just keep avax, grt, link. If that are your picks.
Imo, you should move link and grt to 1 riskier investment, and keep avax for safe gains and also stake.

>>28274623
>>28274823
>Year of our Lord 2021
>holding LINK
cringe

>>28274746
>Nope. I am well off and don't care about some justification online.
kek. you seethe too hard for someone who doesn't care about some justification online.

>He would be 9200x on his money (had he not fucked up multiple times with poor trades). No one would ever account for that and it is purely luck donking (as evidenced by him repeatedly bleeding money on everything past the initial investment).
ya except i'm up 65x this year.

>>28274861
>Imo, you should move link and grt to 1 riskier investment, and keep avax for safe gains and also stake.

>>28274812
Don't be so damn bitter man, no amount of wealth will change your attitude, I'm literally one of the poorest Americans here and I'm not a quarter as bitter as you.

>>28273938
Anon I think you have high blood pressure

>>28274861
You know what makes me happy? Being alive, having slightly more money this week than last rather than chasing my debt.

Birds singing, fresh air jeez man lighten up.

>>28274912
It's funny how you lie but then any time you post actual numbers, we can just do the math and see you are both lying and have lost shitloads of money.

Cope, I can just imagine how crippling it must feel that your own ineptitude has lost you tens of millions.

>>28271264
So you've set stop loses on your current right?

>>28274823
Can you give me examples of riskier coins I should invest in? Thanks, I'll do my own research of course.

>>28275003
Literally everyone here who didn't invest 2k into BTC in 2010 is a brainlet so we are all equal.

>>28273101
How should one divide their net worth?

>>28274921
>>28274935
Is he wrong though?

Sure, anon made it. But he did admit to losing 90% of his portfolio. That's pretty scarce in comparison.

Do you trade on BAEX binary assets trading(#baex)? I found their system with Tesla indexes, price is rising fast, and it is easy to get benefits. All IT sphere is developing fast, so I think Apple, Microsoft, and Amazon share can be rather profitable. What do you think about it?

Too lazy to read the whole thread, did he prove this isn’t larp or is he just another attention seeking faggot like pic related

Ox dumping hard, get in for easy gains it will go back.

>>28274921
>>28274935
As someone who's been moderately successful considering my upbringing average yearly wage across my life and my intelligence level, I can certifiably tell you both that this guy is either a gigantic asshole or a complete brainlet.
This isn't me being bitter. I know quite well that if I just sit here and be patient and don't be too greedy, I can be fantastically wealthy (at least in comparison to how I've always lived). This isn't me being bitter and saying this.
This is me having compassion for other humans and trying to help them avoid taking awful advice in a place where hardly any good advice is to be found.

This guy has no eye for the Great Bull Run trend. Listen to him at your peril.

>>28271824
Bottom was 3-4k we have already 10x on btc.

>>28271634
you havent made real money off of crypto yet and your mad, poor and probably in need of a few extra thousand.
So look, im only going to say this once. while its 3 days old

Buy.
Hoge.

>>28270393
How much money did you initially invest? Which coins made you rich? For current investments, how do you choose which coins to invest in (to avoid scams and coins that just crab for eternity)?

>>28275081
The guy first said altseason will end (seemingly) in this quarter or the next.
He changed it toward the end to be about only being the beginning of altseason (like anyone can tell) and now he's pretending he didn't fuck up moving around tens of millions.

>>28274812
>Here's some advice: don't get advice from someone who has pissed away 90% of his wealth since his initial investment because he has no fucking idea what he is doing.
>Honestly you would probably be better off doing the complete opposite of what he says since he somehow manages to perform so consistently terribly
i openly admit that i lost 90% because i didn't sell at the top. i also am up 65x this year from the mistakes i've learned over the last 10 years. what is wrong with educating people so they can avoid them?

moreover, if you say i am unqualified to give advice because i spent the last 10 years in crypto and you are well off, what makes you qualified to say that my crypto advice is worthless?

>>28271887
The correction will be 80% same as all the other times. You should start turning some of that crypto into passive income on the outside (Houses, commercial property etc)

>>28275064
He's made it in the end so good on him. Look at all those screen caps of the people who sold mega early and lost it.
He got there, you don't have to draw pictures on his account of how he got there.

>>28275081
>that face

Will BTC ever reach 40 k again? I need to sell

>>28275122
Yeah, I realized that was a retarded ass comment later on, anon.
I was hoping no one would notice.

Still, I think we could go much, much higher.
100k doesn't seem like FUD these days.

>>28275003
What is the next pump
I am an AMC bagholder and need redemption, so I am going to emplace all my trust into you

>>28275035
Top 20 coins are slow movers and mostly safe gainers. I fucked up 5-10 times in this 30 days, but invested in rbc really early and holding avax too. Dont fall for diversification meme, just go balls deep in 1-2 coins will get you better returns.
>>28274515
Gave some examples here, you can also /biz/ and then dyor and ask questions on semi normal threads

>>28275108
I'm coming from a place with 2k in my account and no car, you can be nicer to other humans, I don't go around digging at peoples failures, instead I try to raise them up on their success, the world has enough assholes we don't have to contribute to the problem.

All your guys wealth is simply numbers, tree pulp and digital currency it cannot buy decency morality or common understanding for your fellow man.

>>28275271
based

>>28274237
Mille milles = a thousand thousands = a million

>>28275064
>Sure, anon made it. But he did admit to losing 90% of his portfolio. That's pretty scarce in comparison.
in comparison to what?
the takeaway from my mistake should be to take profit and sell as close to the top of the bull run as possible.

>>28275365
And if Crypto and BTC had crashed and failed nobody here would have been rich, most back to waging their lives away and dreaming of a better life.

Enjoy it OP you were smart and patient.

>>28271223
fuck it BTC address:
1mk8SABJVf3eGqdg1S99d2xf2X3BeDWfd

if not though, I complete understand. Just trying to make it

>>28275450
Pathetic.

>>28275365
That salty anon is actually a super hero, his name is Captain Hindsight.

>>28271634
unironically not wrong. All he had to do was put everything into litecoin

>>28275518

>>28275174
could you please summarize a short list of mistakes that we poorfags should not do? :)

>>28275271
Being poor sucks, anon.
You can change it.
This isn't me being bitter or lacking a philosophical understanding of my place in the world.

The guy is a brainlet LARPing as a successful person who doesn't even understand the GBR trend.
He realized he's a dumbass half way through the thread and corrected it to "well... we're just in the first phase of the bull run" like we wouldn't notice.
He was wrong the whole time until he conveniently corrected himself.

>>28275554
Kek so close to quads.

>>28271634
faggot

Anyone know the term for when the reward for a bet/investment heavily outweighs the potential losses? I know theres a term for it but I cannot remember the name. Been trying to remember for a solid 20 mins now

>>28275174
I wish I had the presence of mind to have taken a shot with BTC back in the day. My parents had set me up with $2k as a graduation gift and what did I do with it but spend it on pot and maybe a new guitar. I was entertained for a moment but threw away a huge opportunity.
But I can't let ifs and buts get in the way of taking advantage of current opportunities. Thanks for giving me hope, anon

>>28271634
Time in the market beats timing the market. Newfag.

>>28275658
asymmetric?...

>>28275684
finally someone else posts a animal pic. Total chad move btw

>>28275518
kek, he's like the guy who would call you retarded and a fucking idiot for losing the hard drive that you had 500 btc on and that you lost 1 billion dollars because BTC will be worth 2 million each in 20 years.

>>28275658
asymmetric upside

>>28274803
The one from 42 to 29 is the one I remember and then we crabbed between 30 and 40 for a bit. Idk if I count the crabbing as a correction. We did have a smaller one earlier from 12-9 ish. Also would count the corona crash. It only has felt like one so far. Either way I’ll know when we are in euphoria stage and it’s time to bounce. Usually have about two weeks to recognize the euphoria and plan accordingly.

ik>>28272872
This interface looks like they copied it from Iron Man

>>28275586
I agree with you, I'm just saying tone down the rhetoric maybe he's a guy who has 1 btc and is on the edge of life and wanted some attention you never know.

It's stupid but people are fragile af and I try not being mean even when they are clearly larping.

His math doesn't add up I agree, and yes being poor sucks but I don't plan on not trying to at least give myself the means to escape the whirlwind that is poverty.

>>28275906
Although I'm a dick to the pajeets because they are stealing money from our citizens and that's fucked up on a whole different level, although bad on them for falling for it.

>>28275838
>We did have a smaller one earlier from 12-9 ish. Also would count the corona crash
that was still the bear market, though.

>>28275729
>>28275837
Holy fuck thank you, that's it!

Is LTC gonna pump way above new ATHs this cycle like it always does?

>>28275906
i literally sent ETH to someone who requested it. you can see how much money has gone through my account. which of my numbers aren't adding up?

>>28275574
if you have 2500x ROI in BTC you should probably take profits

>>28275763
animal pics always make a thread comfy

>>28270393
no question, good shit bro. mad respect for dealing with these retards in this thread. never seen such pathetic seething in all my days.

>>28275893
It's the perfect normie bait.

>>28275906
I don't think preserving his sanity is more valuable than ensuring you don't lose yours.

>>28276044
kek
exactly

>>28275986
Yeah I really didn’t count the bull run starting until 20k and if we factor in diminishing returns would see a 5-10x this time around hitting between 100-200k. So far since the bull run I would say only one major correction so far. History doesn’t always repeat exactly, but the sentiments of the market typically always do. So when everyone feels like we’re heading to a million dollars a coin is when I’m bouncing

>>28270393
What’s the coolest, most satisfying thing you bought yourself, that isn’t your car or condo?

>>28276106
if you're not really crunching the numbers, how can you say mine aren't adding up?

>>28276225
Opinion on XRP? Obviously it wont 2k, but i think $100 is possible

>>28276164
how do you feel about the rainbow chart
https://www.blockchaincenter.net/bitcoin-rainbow-chart/

peak might be around $120k-ish this cycle and then back to 30-40k

>>28276051
indeed

>>28276225
OP let's pump ltc uwu

>>28271634
better to be lucky than smart.

>>28276189
fuck i don't even know
i don't really say no to myself
i buy steak and lobster and wear nice clothing

but nothing gives me more pleasure than buying things for my mom
once i cash out i'm going to have her retire and give her 3k/mo so she can do whatever she wants
time spent with family is time you'll never get back

>>28276281
I imagine this is how it feels to make it.
I hope to feel it some day

>>28276404
kudos to you for saying that!!!

>>28275179
even with meme ceos like elon musk investing?

>>28275691
Maybe you should tell that to the retard who lost 90% of his wealth through a series of horrible trades spanning over a decade :)

>>28276278
I think those are healthy predictions and the numbers I’m leaning towards, but I’ll probably use a mix of judging market sentiment, NUPL chart and pi cycle chart to plan my exit. https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/

I think the rainbow chart is good at getting rough predictions though

>>28270393
why aren't you guys cashing out and putting it all in real estate and just live off that income? u can make like 20k a month.

OP are you on discord? I'd really like to connect with you while maintaining anonymity

>>28276627
or you can safely borrow 50% stables against your crypto and earn a safe 8.5% apy at the very least

>>28276419
We'll make it one day fren. Most of us on here will make it because I believe this is still merely the beginning of crypto. Being occupied with my CS degree, I was still able to make some decent calls (such as AVAX and GRT). From what I've observed, buying and holding a coin long-term is the best tactic.

>>28276627
ngl twitter made me feel bad about wanting to become a landlord, morally, I don't know if i'd be able to live with myself as one or even have the energy to put up with tenets and shit. is it really worth it? I do want to buy a house though, just for myself.

>>28272275
>i had 400 btc and 10k ethereum at one point
Damn, this have to feel bad losing 30kk over time.
I'm a poorfag, i sold my BNB at $70, now BNB is $140 and im sad.

>>28276791
shill me on AVAX, I might get some (but I’m afraid of buying the top)

>>28272275
>if you cash out at 80% of the bullrun and you're wrong, you're only missed out on 20% of your gains. but if you hold on for too long and you try to time it, you can lose way more. and it's really important to have a stack so you can make bets during the next bull market.
This is on my mind quite frequently. Do you think this bullrun will last till autumn?

>>28270393
I threw all my coins out last night when they called his majesty, lord george floyd and his fellow former slave brothers and sisters “niggers.”

I’m still crying to be honest.
To imagine tarnishing saint floyds innocent name like that. He was a man of peace — you saw his gold coffin, but I bet you didn’t see the inside pictures of his capped and blinged out teef! All pladnumm an diemonns. It wuz byootiful an he deserved that sheeit!

>>28276969
Id say no. I feel like you can make the same if not more money in stocks and crypto without all the stress, plus stocks and crypto are more liquid. Housing is harder to liquidate. But that’s just me. I don’t like to be so hands on and personal with my investments with things

>>28276791
The lockdowns have been a blessing, honestly. All of my classes going online gave me enough time to start looking into a few projects. Mostly in on LTO. I've watched everything I've sold or traded pump immediately after so I agree, just buy and hodl

>>28276791
>Being occupied with my CS degree
remember to take your hrt too sissy

>>28275838
>Usually have about two weeks to recognize the euphoria
Care to elaborate a little bit?

What do you think about USDT? do you think its safe, or is it better to hold money in USD or USDC?

>>28277043
It appears like a legit project, despite receiving some disliking by some /biz/raelis

I would definitely say it is a long-term investment (you don't want to sell). They are a platform for other cryptocurrencies and their nodes seem to be growing much faster than their competition Polkadot.

Not to mention that Emin Gün Sirer, a Cornell University professor, is heavily involved in the project, adding to it's potential and legitimacy.
See https://info.avax.network/ for more info.

>>28277247
will do, thanks man

>>28277336
Just noticed a grammar mistake. Its* not it's. I promise I'm not a pajeet.

Anon, once you sell at the top of this cycle are you done for good or will you buy back in at the bottom? is 1m BTC a meme? is crypto gonna die after another crash? obviously im gonna take what you say with a grain of salt but im interested to know your opinion

>>28277250
This is harder to explain and more just based off experience. There are cultish times in a market where there is no ounce of fear and everyone believes they are unstoppable. 2017 that feeling lasted about two weeks and anyone who could recognize it knew it was time to sell. When there is no more fear in the market is the top pretty much. Right now we are somewhere between belief and greed/thrill phase imo

>>28277555
i will buy back in
crypto is immortal and it will never die
it was never worth 30kk
i had 400 btc and 10k eth in 2015 and i took profit. all of these retards saying i lost 70mm are delusional.