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/biz/ - Business & Finance


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4833565 No.4833565 [Reply] [Original]

Ok biz, WHAT THE FUCK DO I DO?

I’ve managed to accumulate this portfolio since January, and I think it’s time to take some profits

I’m getting justed too hard, and I know if I move everything to bitcoin, it will crash immediately.

>inb4 crash it

I’m 24, with 25k in student loan debt, about 70k in crypto.

Should I at least pay off my debt?

My plan was to play the crypto game until the dollar wasn’t worth anything, and pay off my loans then; but it’s getting to the point where I can’t even sleep at night anymore.

Wat do?

>> No.4833598

I thought REQ was supposed to explode soon? Youll be ok Anon.

>> No.4833630

>>4833598
Not if bitcoin keeps this up. Alts can't moon properly if btc is mooning

>> No.4833643

I would pay off your debt yes. And convert to more btc

>> No.4833662

You'll be back up within a week, just hold on buddy.

>> No.4833663

>>4833565
>Should I at least pay off my debt?

you should absolutely do this my man, you'll have so much money to play with after. not many people have this opportunity and you played it well.

>> No.4833665

First of all don't buy shitcoin biz shills. And don't cash everything out

>> No.4833746

>>4833565
Pay off your debt bro. You’ll feel so good.

>> No.4833819

Paid off 8k of debt with crypto a few months ago. Holy shit its a giant burden that lifts off of you. Do it bro. Even if you have like $500 left in crypto do it. It's all play money after that

>> No.4833933
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4833933

>>4833598
REQ is always supposed to explode...

>>4833643
>>4833663
>>4833746
right, those loan payments are $400 a month...

Thinking about paying it off and just going BTC/XMR/ETH with the remainder

>>4833746
>>4833819
So i wont kill myself if btc hits $1 mill if i cash out now?

Both my debt and my crypto dont feel like real money to me anymore, so its hard to feel excited about paying it off

---------

i should also mention that i bought most of my ETH in March, so if i wait until March 2018, I could call it capital gains (burgertown).

Would it be stupid to wait that long?

>> No.4833958
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4833958

>>4833933
ID changed on desktop

>> No.4833972

>>4833933
don't get caught up in what BTC could be. it could be a lot of shit my dude. take advantage of what you can have in the present. pay off your loans and then keep playing in crypto. there will always be opportunities.

keeping yourself in debt for the possible moonshot of insanely high btc is a foolish move

>> No.4834001

easy

sell low buy high.

wait until you can trade your shitcoin until the last minute to get lowest amount of btc for them.

>> No.4834027

Honestly depends on what % you think you can make in the crypto market and how much stress you can take.

If you think you can make more % wise then your debts are accumulating, then you should only make min payments and leave rest in crypto. If worried you can not outperform your debts then pay them off.

The only caveat is how much better mentally you will be without stress of debts. If it will make you happier to be debt free, that is worth something IMO. Can even enable you to trade more effectively and take larger risks.

As with all big life choices, i think you should masturbate before making final decision.

>> No.4834056
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4834056

Get in the next big thing

>> No.4834349
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4834349

>>4833972
good points, thanks anon

>>4834001
almost there

>>4834027
>As with all big life choices, i think you should masturbate before making final decision.

another good idea