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/biz/ - Business & Finance


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28456616 No.28456616 [Reply] [Original]

This isn't enough money to do anything worthwhile.
>Not enough to buy a house in full
>Barely enough for a deposit on a non-trash house
>Not enough to live off for 5+ years
>Not enough to make it's own money

>> No.28456692

you do realize that eth is unironically going to 10k because it's deflationary soon right?

>> No.28456784

>>28456692
joke's on you. ADA is going to replace ETH
ETH is going to the Mcap of ETH classic

>> No.28456792

>>28456616
150k and no BTC, what the fuck.

>> No.28456824

>>28456692
>Soon™
First ETH I bought was $25. Been waiting to get rich for a long time.

>> No.28456914

>>28456616
Relax, you'll be a millionaire EOY if you time the crash right

Just don't get too greedy during the mania phase.

>> No.28456926

>>28456792
It's altseason, everything outperforms BTC. Why would I hold it now?

>> No.28456939

That's because you're diversifying. You only need 2 coins MAX, BTC and a shitcoin of your choice.

>> No.28457000

>what is a mortgage

>> No.28457294

>>28456616
Then just accept that you're not going to be financially independent and buy a fancy car, a high end theater system, and guccis and whatever the hell else normies buy.

>> No.28457539

>Not enough to make it's own money

Is that a joke?

>> No.28457612

>>28456616
With 150k I can live a decent life in eastern europoor. I can make 1000$ a month.

>> No.28457738

>>28456616
Not rolling the 100k into a 5% dividend stock or a Roth IRA and living on the interest like a dipshit. 5k a month free money OP. That's my plan st 6 figures. Them I'll speculate bet with part of my interest payments to make another 100k.

>> No.28457828

>tfw five figure hell
It’s a lot worse down here, just one 4x and I can escape and I have no idea where to bet 35grand

>> No.28458697

>>28457738
Only a low testosterone retard would put most of their portfolio into a roth ira. This is why you will never make it. You lack conviction and knowledge to understand that just inflation alone is 3 times your 5% goal

>> No.28458826
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28458826

>>28456616
congrats anon. now begins your true journey into the abyss. you will slowly begin to lose all feels even when you hit your first million. you will feel absolutely N O T H I N G. you'll long for the days being at 3figs wanting to feel that rush again.

>> No.28458907
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28458907

>>28456616
Kek our portfolios have similar percentages. We’ll make it bro.

>> No.28458947

>>28457738

Absolute retard, it's 100k not 1 million. Don't even think about doing this until you've legitimately made it

>> No.28459227

>>28458826
I feel that now. If I sell, I'd just want to put it back in anyway. I don't know what to do, I don't need the money now

>> No.28459296

More ETH needed

>> No.28459323
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28459323

>>28456784
It's possible, but not in the near future. ADA doesn't even have smart contracts yet.

If ADA eventually pulls ahead, which is of course a possibility if they get their code right, it nevertheless won't be for years.

>> No.28459494

>>28457738
Nigga, that's not 5k a month. Learn basic math before you give financial advice, stupid

>> No.28459496 [DELETED] 

I know this is fucking shameless but can anyone donate some eth I have a portfolio of $200 not making any excuses just poor and here in Chile my weekly wage is only $35 I want to escape this fucking shit hole so badly biz


0x7324d18ece08c29dfba068b4fc8f6530696dc35b

>> No.28459604

>>28456616
that biz's new meme is 6 figure hell should tell you all we're going to make it within the next few years

>> No.28459694

>>28459496
Kys

>> No.28459731

recently entered 6 figure hell with the ADA and GRT run.. don't know what to do now, i need at least a 10x to somewhat make it anyways

>> No.28460035

>>28459496
kys

>> No.28460189
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28460189

>>28460035
great minds think alike

>> No.28460352

>>28460189
meant for >>28459694
kek didn't know which was my id

>> No.28460407

>>28460189
What did that faggot do on my thread?

>> No.28460555

>>28460407
He was a south american nigger begging for $200 so you can save his life

>> No.28460618

>>28456692
>>Be eth
>>Create a ecosystem where amazing apps and infrastructure are built
>>Slowly wither out of existence bexause they didnt plan for their global ecosystem actually going global

Eth is literally fucked if they cant get to eth 2.0 soon

>> No.28460727

>>28460555
Ok, you guys were right

>> No.28460851

>>28460618
Don't need ETH 2.0 urgently, need Layer 2

>> No.28460918

>>28456926
Bitcoin will go 70k plus before correcting

>> No.28461049

>>28456616
It's enough to dominate some whore which would be fun for a night.
Then you can go back to your abject misery.

>> No.28461106

>>28460918
Do you understand how weak of a pump that is? I'm holding coins performing 60% overnight

>> No.28461234

>>28461106
They will perform -60% just as well retard, that's the issue with shitcoins. Not to mention the many rugpulls.

>> No.28461363

OP you are a nigger, that's enough to buy a shitload of things and live wealthily

>> No.28461384

>>28456616
Dude just hold that ETH and you'll be a multi-millionaire in two years. But for the love of God, buy more BTC.

>> No.28461455

>>28461363
No its not, youll just be broke again after a year or 2

>> No.28461533

>throw 50k in an easy 10x
>cash out and have 500k
>throw 150-200k in next moonshot
>you enter the millions
Just stop being a pussy and be willing to take some risks. You already have enough to the point you can afford to fail a bit and still make it.

>> No.28461536

Fuck off moron you can buy TEN flats in the Ukraine
>Inb4 Ukraine
The standard of living is not much worse than the US if you have money.
Stay POOR you fucking dumb WESTOID

>> No.28461591

>>28456616
>UNI over BNB
>ETH over BTC
ngmi

>> No.28461978

>>28461533
>an easy 10x
I might just have a big brain but outside of the big three I have trouble telling which projects are an easy 10x

>> No.28462108

Imagine saying 150k isn't enough to do anything. U deserve the rope

>> No.28462136

>>28456784
>ADA is going to replace ETH
that would be $6.40 LMAO

>> No.28462168

>>28456616
>this niggers shitfolio of shitcoins is worth more than my 5k LINK
lmao clown world

>> No.28462321

>>28461455
If you're a dumb cunt and don't live conservatively yes
you can buy shitloads of things and still have money

>> No.28462542

It's not enough to make it, but that's a very good base for growing your wealth.
It's really piss easy multiplying your money with crypto, especially in alt season when everything moons.
Just move everything into IOTA and in two weeks you'll have 5-10x

>>28461363
You can buy a lot of stuff with that money, but it's still going to be limited to stuff like upgrading your computer and home appliances and getting an ok car with good clothes to go with it.
That alone will eat about half of what OP has there.
What he has is a nice buffer, but it's not any kind of wealth that gets you free from wageslaving. He can't even buy a home bigger than a shoe box with that.
Not to mention throwing that into any steadily performing stock will get him fuckall even after 10 years. He just has to make more money with crypto.

>> No.28462566

>>28462321
It's not enough for a decent level of passive income, so it's not good enough. You need at least 1M which can yield 50k p.a. @ 5% and spend your time working on your own projects and try to make money off of them, in the knowledge that if it all goes wrong your bases are still covered.

>> No.28462663

>>28456616
>Not enough to buy a house in full
>$148k
I bought 2 houses recently, each about that amount. And not in shitty areas, actually nice places near good schools and jobs. Only thing is that you don't get to live in a coastal state, which I know is a dealbreaker for a zoomer.

>> No.28462668

>>28457738
Lol you wouldn’t get 5k a month. You would get less then 5k a year with 100k in a 5% yielding dividend stock.

>> No.28462678

>>28462542
Also this, throw some in GRT, ASKO and IOTA and you'll be at $4-500k by the end of the quarter.

>> No.28463047
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28463047

Am I gonna make it this cycle or do I gotta wait till next cycle? I want to stop waging at 2 mil

>> No.28463140

>>28458907
>PFR
Excuse me? That project isn't dead?

>> No.28463190

>>28462566
Maybe my area is just that cheap
and by cheap i mean the ghetto

>> No.28463469

>>28456616
The six figure hell meme is dumb af. Your whole problem is that you see is as a lot of money, while simultaneously realizing it's not enough to do anything, in other words it's not a lot of money. If you saw six figures the same way you see five figures then you could focus on growth instead of whining when in reality you're one good investment from actually making it via breaking into seven figures.

>> No.28463500

>>28463047
Great folio. Im thinking you may get close to it this cycle but will ultimately have to wait for the next one.

>> No.28463609

>>28458826
wanna give me your 1 mil so you can start over?

>> No.28464430
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28464430

>>28462663
theyre in shity areas if theyre not near an ocean.