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/biz/ - Business & Finance

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49560239 No.49560239 [Reply] [Original]

rememeber when tons of people here were posting about having millions of dollars near the peak of the bullrun and complaining about how it was "not enough"? i wonder how they are doing right now

>> No.49560285

faggots thought 5 million was poor and you needed 8 figs or bust. to be fair, crypto was meant to be the inflation trade, but we got fucked in the end

>> No.49560304
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49560304

I have almost half a million ADA that was worth about 1.5mil at the top and I didnt sell just because I didn't know what I'd do with the money

>> No.49560326

Imagine having retirement at 30 money and then "not fucking selling" because you think things are gonna get even better than a life of complete leisure.

>> No.49560453
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49560453

>>49560239
yeah i member'

those were very comfy times. Kek. the universe punished them very hard

>> No.49560452

>>49560326
It's not enough to retire, you get fucked by both inflation and taxes... The greed was completely out of control

>> No.49560479

>>49560452
>It's not enough to retire
imagine thinking this. lambo zoomers keep the grass green i guess

>> No.49560494

>>49560452
it quite literally is unless you're retarded
most people will never make a million dollars in their life

>> No.49560531

>>49560479
>>49560494
2 million at 30 is not enough to retire, I've taken plenty of breaks, but that amount is not enough to just stop.

>> No.49560550

>>49560531
you can retire on 300 k and live a frugal lifestyle
You are a meme

>> No.49560574

>>49560531
go calculate how much you need to make a month to net 2 mill post tax
now go find out how many people earn this much

>> No.49560582

>>49560550
>retire on 300 k and live a frugal lifestyle
Fuck that. I actually want to enjoy life. My house is worth a lot more than your shitty retirement plan kek

>> No.49560594

>>49560239
They were all larping you retard. The richest people on /biz/ had a couple hundred thousand at most. The average middle class boomer has more money than 99.99% of /biz/.

>> No.49560600

Kek, we had daily threads with anon discussing the best countries to retire with their millions in crypto. I best most of those didn't sell and are back to 6 figures hell.

>> No.49560616

>>49560574
I live in an area where 2 million is basically the entry price for a house. But go right ahead, go live in the woods like a faggot - no one will miss you

>> No.49560638

I was that, now i'm suicidal

>> No.49560654

>>49560239
I cashed out 2mil at 65k and kept 1mil in.
Even leaving 1mil in was dumb but I'm seeing people who didn't even cash out 50% on the dead cat to the roof, it blows me away

>> No.49560655

>>49560574
This
I personally turned 2k into 150k this bullrun and played it very safe (never went all in, always used my profits to pile up more USDC)
After taxes and shit I got 120k in my bank account. I've certainly not made it by any means but 120k... that's 10 fucking years ot saving 1k per month. It's a lot of money

>> No.49560662
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49560662

>>49560239
They are doing some healthy introspection and reassessing of their priorities in life and using this as a lesson to plan better in the future, r-right?

>> No.49560669

This was my first bullrun and I lost 30k in unrealized gains because of greed. It just feels like it won't stop going up for eternity, the euphoria is like cocaine and you start to think "only [unrealistic amount of money] more and I'll sell" until a fat red dildo reminds you of reality

>> No.49560681

>>49560239
it was a LARP. they likely had $5-10k and today they likely have $500-1k.

>> No.49560683
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49560683

>>49560239
I told them to invest in LUNA.
Told'em it was going to the moon...

>> No.49560685

>>49560616
>I live in an overpriced area aaaaaaa!!!!!!
dont need to get salty over it faggotcityslicker

>> No.49560691

>>49560616
most people don't buy a house off 1 years income!

>> No.49560705

>>49560304
NPC

>> No.49560853

>>49560239
I made that mistake in 2017. Not this time.

>> No.49560907

>>49560853
I made that mistake in 2017, and this time. I will probably do it next time as well.

>> No.49560937

>>49560638
Hang in there, my dude
I'm down too

Let's hope to weather the storm

>> No.49561398

>>49560304
Retard you put it in a savings account and figure it out later

>> No.49561413

>>49560907
this kek

>> No.49561438

>>49560239
People start to lose all perspective once they hit six figures. Most people out there would kill for that, let alone seven figures. They deserve to lose it all, it's pure greed.

>> No.49561443
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49561443

>>49560531
Hahahahahahahahahah

>Buys a 500,000 dollar home
>Buys a 200,000 dollar sports car.
>Hookers and blow every night

>2mil isn't enough to live.

>> No.49561985

>>49561443
why are poor people so easily spotted?

>> No.49562038

>>49560582
your dadys house, anon

>> No.49562197

>>49561443
500k is literally a shack. And remember kids, USD is unironically a negative yield bond of -20% per year