/biz/ - Business & Finance

>>49529214
you dont do anything wrong sitting in cash as long as this cash is the USD. Be ready to jump back in at any time but be patient. No fomo. No fear.

>>49529214
you can wait until next year, or you start accumulating now. It is your risk

I really don't know
in the past the answer would be gold but its shitting the bed after 2k peak
maybe gas and oil but seems like buying the top

>>49529214
I just bought one bitcoin. You can do something like that or slowly accumulate. Don’t buy any altcoins.

>>49529214
good morning cashbros! no reason to rush into anything. summer just started.

Is it true? Or u want scam us with yar shitcoin? My favourite NFT project is Streeth

>Mints & auctions iconic Street Art NFTs
>Fully secured personal Vault
>Audit by CoinScope

>>49529511
>buy shitcoin
lol no

that was the plan till i went all in avax at 77 thinking i would catch a quick 5%. protip of the day, listen to the advice of actual traders when they say don't invest more ath 1% at a time. i could've dca all the way down and now i'm just bagholding, looking at job boards.

>>49529818
then what do you recommend, dave? buying a shitty mutual fund? or are you a zoomer bagholding some alt that will lose 90% against btc in the next six months?

>>49530250
he follows the well tested buy high sell low method

>>49530250
they've already lost 90% lel
still not cheap enough for this baggie collector. i only take AliExpress levels of discount

>>49529214
qt doggo

that near/usn might be worth a look.

ANA as well if you wanna get in & forget it.

>>49529214
I'm 1.2m in cash and I'm almost embarrassed I can't find anywhere to put it that makes sense.
I may be losing through inflation, but asset prices are dropping faster.
I'm putting in an interest account for 3% this week.

That's all I have, my cash, my business and 2.3m in property.

>>49529214
Retards will tell you about how much money you're losing by holding cash while assets continue to gap down 5 percent every few weeks. Don't worry about it. I'm about 70k cash and it doesn't even feel like enough but can't bring myself to sell

>>49530549
Just put it in treasury bills. Ladder that bitch for emergency

>>49530615
I agree brother, when we dip below 2020 prices I open my wallet.

>>49530824
I'm buying small portions on the way down just because i don't have any clue where the bottom is myself

>>49530549
> I'm 1.2m in cash

yep, 560k in cash, it is horrible, seeing inflation eating it up. I live in Euroland and have at least put it in USD late last year.

>>49529214
I'm staking most my cash as GUSD on Gemini. Looking for another "safe-ish" place to stake. Thinking about buying jpy.

>>49532143
Staking is disaster waiting to happen

>>49529214
unironically hold cash in a savings account is the best position to be in currently
big banks would rather hold short term treasuries than make private loans, do with this information what you will

>>49530549
>>49530647
what this guy said, if you want to try and get cute you can setup a tranche like buy 2y sell 3m. Then you get the difference in interest while still being mostly liquid.
adds a bit of duration risk if you ever want to cash out fully from the 2y side, but chances are if we are going into recession the 2y yield will come down anyway and you can sell at a profit.

>>49529214
I'm into staking with Allianceblock and I am confident inflation would do little to it there due to the AMM in the system.

>>49529214
Don't know what kind of sums you're working with, but I've parked a couple grand in USDC to generate a return. I throw a couple bucks in there every week. Probably pull out when I hit 10k or something.

>>49533132
500k. I rode the crypto wave up, sold in December.

>>49533175
Yeah, I wouldn't dump that much solely into USDC lol. I think a lot of exchanges are tiering their returns anyway so you probably couldn't achieve 10%. Besides something's going to rug pull the stablecoins eventually, all good things come to an end especially in the crypto world. If your time horizon is 5+ years, you might try rental properties to generate a return on whatever your down payment is. That's what I did, but I live in a low COL area where I could eat my mortgage payments for some months if I had to based on cash flow from my job alone, so it depends on if your local market is at some crazy peak or not.

>>49529214
Treasuries.

only the dummies hold fiat atm. don't be one and keep your eyes on Precog finance release

>>49529214
how about you open shorts as a long term play. short eth/btc with 2-4% interest on open shorts.

>>49529214
You could use it in minting a sports metaverse land NFT. They have secret prizes scattered across the land, and you could be lucky to find a world cup ticket on your land. Their public sale is coming up later this month.

Same here. I have 400k in 3 bank accounts. Im just here thinking "oh im lossing money with inflation I should put it into SOMETHING" but then you look at shit to invest and shit crashes faster than you can lose with inflation so I guess I will end up buying more cheap shit when markets bottom (not anytime soon since shitcoins marketcap is still above 100 trillion)

>>49530398
>they've already lost 90% lel
Do you retards realize you can dump an additional 90% infinite times? this "we 90% from the ATH so we buy now" doesn't work that way

the fact is, the NASDAQ is bubbled, and shitcoins are bubbled, so there's no point in buying

>>49534185
this shit can change at any time with a change of policy from central banks and then what
plus its slow as fuck to liquidate vs just having it on the bank where you can quickly click and buy SP500 at 3000 and BTC at 9k when it arrives

>>49535585
100 billion