/biz/ - Business & Finance

>>50405834
We’ll get you back to 0 in no time, while chads like me will get the weath transfer from your wallet to mine. Thanks for playing.

>>50405834
>Safe investment fund
What does that mean exactly? Please learn about risk-reward. No investment is completely safe.

>>50405834
lol lmao

>>50405834
Buy high sell low, welcome to /biz/

>>50405990
$100k into index fund, the index fund is now saying i have $93k, so its lost me $7k

The $100k I put into btc is down to $60k, so its lost me $40k

So much for "CASH IS TRASH BRO INVEST THAT SHIT ASAP" - if I had just kept the cash I'd have $200k still

>>50406049
oh and before any smart ass comes here and says

>UHHH NUHHHH YOU WOULDNT HAVE $200k IF YOU KEPT IT IN BANK BECAUSE YOUD HAVE SPENT IT HURRR SO NOOO THATS NOT TRUE HURR

No, im not even a fucking spender. I had $60k in savings before getting the $200k inheritance.

what a whiny bitch. I hope you lose it all.

Hold the Bitcoin, you'll be fine, nigger.

The biggest mopnthyl outlay for most people is rent or a mortgage - why didn't you use it to buy a roof over your head?

>>50405834
You should've diversified more.
Even simply splitting the money into 4 $50k chunks would've been better.
For example
1 into treasury bonds
1 into index fund
1 into bitcoin
1 into misc stocks

Don't put into any 1 investment an amount of money you wouldn't be ok-ish with losing. Always make sure that if any single investment goes to zero you're still fine and can recover.
This is day 0 stuff, it should be second nature to you before you invest a single dollar.

>>50406049
Eww ESL writing. Are you a pajeet?vhayx

>>50405834
Your mistake was buying high, retard.

>>50406518
I was being told to buy assets now (2021) or forever miss out, that the fed has 0 room to increase rates ever again, that it was over for those who didn’t have assets, that asset owners would become Uber elites compared to non asset owners among the average person

So I believed it and bought at whatever the values were at the time

Turns out all those people saying fed couldn’t ever raise rates were completely wrong

>>50406569
FOMO claims another one. At least you can take solace in the fact that things are going to drop even lower..

>>50406569
They've barely moved rates and their balance sheet has barely dropped

>>50406569
>I was being told
>So I believed it

The shills win again. Thank you for distributing your wealth to those who deserve it

>>50406061
Well... sounds like you are a spender lmao.

you spent the whole 200k almost as soon as you got it..

>>50406786
I still wear clothes I bought from the 2000s

I am not a spender

My money either goes to savings or investments

>>50406804
I'd get out of bitcoin ASAP.

>>50406622
The shills made a good argument though…

They said if fed raises rates by even just 1% it would cause the entire world to collapse and they had the numbers for it listed

But apparently that was all bullshit

You guys don’t remember the “rates can’t go up ever again” posters? About how rates would either stay 0% or even go negative due to debts being unserviceable if rates were raised at all

This is what everyone was saying in 2021

Everyone was spouting “super cycle” for all assets because of this “rates can’t go up again” stuff

peak /biz/raeli /biz/inessman moment

OP since you're just gonna lose it all can I have 2k?
0x1550Ca9E4b480f69B7681dCFC8DFA5dA38Bc79aE

>>50406049
How old are you? You sound like you have the IQ of a ten year old. Investing in the stock market should be considered a long term investment. 200k isn’t magically going to turn into 300k over night. If you need the money within the next 3-5 years it should be kept in a high yield savings account. Literally the lowest risk investment. See how I didn’t say risk free, even with a lame ass bank account giving 1.2% interest?

>>50405834
Buy Elrond and Holoride and thank me this winter

>>50406049
Well, if you adjust the cash for inflation you would have lost almost the same amount. So really if you think about it that way, you're breaking even!

>>50409230
That's right, it's time in the market, not timing the market!

>>50406837
Realize the losses from bitcoin (fake scam that will guarantee you stress) and SLOWLY average the $60k into solid international stocks that generate income in multiple different countries. One stock I’ll recommend is Costco. reinvest divvies +15% of your disposable income for the rest of your life and in the short term, The fed may pivot, if so crack up boom incoming.

>>50405834
No, this is a fake post meant to create an emotional tone with expressions and keywords

>>50406837

Let it collapse. The great reset will happen. Like Klaus said: You will own nothing and be happy. You will start from scratch again.

>>50406304
Jesus christ what a terrible portfolio. Kill yourself. This has to be a joke

>>50406304
The correct answer would be 20% physical gold. 20% cash. 20% commodity stocks and 40% dividend paying value stocks. He would have barely lost any money and possibly been up on the year with this portfolio.

You are an absolute retard and that is the stupidest meme stock advice I have ever seen. Knowing that there are dumb fucks like you out there in the market fills me with seethe and I can't wait until you worthless fucks lose everything.

>>50410239
it's a simple example you retard. Remember that this is supposed to be an explanation to someone who doesn't seem to know what diversification is. It's not my portfolio and from the wording ("Even simply [...] would've been better") it's made clear that it's not supposed to be good.

>>50406061
I thought this was going to say “before any smart ass talks about losing money to inflation” but it was somehow even dumber assuming people would call you a spender LMFAO

>>50410285
It's a retarded example. Quit dodging. You're a retarded faggot that knows nothing about investing.

>>50410323
>doubles down

>>50405834
>I am poor and cant afford to be losing like this
Don't invest money in risky things you can't afford to lose. Put it in a GIC and enjoy your 2.5% a year gains (actually a loss due to inflation, but you're poor so you will get boned either way)

>>50410128
If the market is reset, I'm also ready to buy solid projects like ZIL,EQ, REEF, DOT, HPS and some on my list. Diversifying is the key anon

>>50412196
NGMI

>>50410628
Poorrr

>>50405834
don't worry, people who inherit money lose everything because they didn't deserve it
you will probably lose everything someday
stop worrying about it and enjoy the money

Who knows what the fuck Bitcoin will be doing in 5 years, but if you put the other $100k into an S&P500 fund or anything else tied to the stock market overall, it's pretty much guaranteed to be worth more in 5 years. S&P500 averages 10% returns yearly. Some years it may dump 40%, others it may go up 20% on a good year, 10% is just the average. As long as you don't need the money soon, just ride it out. And if you will need it in the next couple years, you shouldn't have been investing in long term holds like stock market index funds.

>>50413497
I don't know anon, I'm just investing based on my research. Equilibrium will launch their money market and I like exploring long term defi platform. Don't be too stupid. DYOR to know what you're doing.

>>50413497
I don't know anon, I think the chad is just investing based on his research. Equilibrium will launch their money market and exploring long term defi platform is a good thing. Don't be too stupid. DYOR to know what you're doing.

>>50406804
Shut the fuck up pussy.

PRQ is the only investment you should making on this board

Will reach 50 cents eom screencap this basedboy

>>50406049
Yeah, index funds have negative years but in the long term, they tend to average 10% so your principal will recover.

>>50410128
I'm looking forward to the reset too. I think when that time comes people that invest in the metaverse would be in a lot of profits, considering the way sports athletes and top celebrities are getting involved.

>>50414435
Cool. Its just like breaking even with a few added nuggets.

>>50413976
Just fucking stop rahj you are so fucking obvious

>>50413497
kek

>>50405834
You young twats don't understand investing. It's not always up.

>>50416230
nuked

>>50416289
You're correct. Going for long-term profits is always the best strategy for earning. That's one of the reasons why I got in on privacy protocols seeing as they would take center stage when the regulations come.

>>50416289
it has to be up retard, WTF invest in a retrogressing project

>>50416562
lots of stupid set of people on biz spitting trash

>>50415641
Metaverse game are dead

>>50416962
>Metaverse game are dead
Current metaverse games aren't all that the meta can be

>>50416956
just the truth, I have been in this shit for tool long to be investing in shitty projects, i do my thorough research, web 3 is buzzing, cross-chain is a cool innovation, lots of people needs wallet security for their funds, hacks and rugs pulls need to be controlled

>>50416991
Anon is confused and doesn't understand a cent.
>>50416962
You shouldn't generalise everything anon, sandbox, decentraland, raca ,honeyland are few of the good games to consider.

They're long term investments, so in 4 quadrillion years you'll barely break even, if the elites let you! You better hope your country or the entire earth doesn't collapse in 60 years!

>>50405834
>t. retard learns about volatility at the ripe age of 45 and is dissatisfied in july 2022

>>50412196
NGMI x2

>>50415641
>Both legends and super stands
Amanda Nunez
Wright Phillips
Jordan Stewarts
The list goes on and on

Lol
Lmao even

>>50416962
Who the fuck cares about metaverse games. Take a look at how metaverse is connecting billions of fans to celebrities in sports in a virtual experience. You're living in the past faggot

>>50417361
>You shouldn't generalise everything anon, sandbox, decentraland, raca ,honeyland are few of the good games to consider.
All dying soon. Sports metaverse is among the few that will probably make it out of this crazy bear. Take a look at the news and see if there is much talks about the metaverse outside of it

>>50406304
Good to diversify but you got it all fucked up

>>50406214
Wait for it

>>50416962
The metaverse is far from dead

You have invested in the wrong time. Everything was inflated. You have two choices. Sell and take the loss or hold and keep buying.

>>50405834
You really shouldn't have more than 20% of your portfolio in crypto if you're in the 100k's. I understand that everyone wants to get rich quick but the majority wont. Im in the millions now because i just focussed on earning more. Im 50% stocks, 30% property and 20% crypto. Mostly index funds and the same crypto i've accumulated since 2017.

>>50417570
the buzzwords are web 3, metaverse and NFT; take it or leave it

>>50417361
>>50417534
Retard

>>50416962
>>50417570
If the metaverse was dead, how would Sony, Doom, EA sports, Dappers Labs, even PS Home invested so much just in the sport part of it. Wake up anon

>>50417726
You're too retarded to make a sense out of the next biggest thing

>>50405834
I inherited £100k last year. I put £25k into criptoo like proper husbant which is now £29k~ from interest. I used £47k to buy a house.

>>50414019
Lol

>>50417885
*prof

I also scored some epic deals on the houserino. A made a jaypan sharp 959 combination microwave convection oven. £150; rrp £360. A heat recovery unit that's 4 times bigger than the house needs. £150.

>>50417534
You're too one sided person anon. Don't be an obvious cock. You haven't even researched honeyland and its sustainability and its long term plan.
>>50417726
Retard best first for you fuck

>>50417940
Nothing is sustainable retard. People play for money only

>>50418126
Rewards are slowly unlocked anon. If you think the team is not thinking of the future, then you're a retard psychopath

>>50417703
Web3 is just getting started and there is more good stuff to come. Graph and Subsquid are always on my mind when it comes to web3.

>>50406061
>I had $60k in savings before getting the $200k inheritance

I don't understand, do you want sympathy?

>>50405834
>I inherited $200k last year
why didn't you use $100k as down payment for a house?
you could then have used $50k for a sportscar and the remaining $50k as an oh-shit fund

you could have been living like a king right now
getting your dick sucked by three different girls living in your mansion

>>50418406
HAHAHAAH $100k for a downlpayment HAHAHAHAH What shithole do you live in?

>>50418418
yuropoor in a 99% white country
try not to be too jealous

>>50418494
Kinda jealous, I do like hanging out with Asians though. 300k is minimum for a downpayment in my country for anywhere with internet and not full of poor people.

>>50417703
I'm won't be surprised if the metaverse explodes. LOX has announced its partnership to provide security for the metaverse to curb data breaches.

>>50418513
that sucks, at the same time your salaries are far less garbage

hence why anything north of six figs will guarantee getting your dick milked daily by teen sluts
one tinder photo with your suburban mansion in the background and you're set

>>50418250
Data is the next big thing in web3. These are top data projects biztards should not ignore alongside OCEAN.

>>50418691
At this point i hit the wagie cap of $200k I'll have to move to America to make more and that's definitely not worth it.

>>50418711
A lot of people don't even know why they are in the space and never value what they are getting. They just want some Xes.

>>50417703
They have become more than buzzwords anon. I'm expecting massive adoption of crypto from the sports metaverse which brings all sports lovers in the crypto space together.

>>50418891
I know lots of people would be interested in the web 3,

>>50418734
Sticking to projects that works and also takes development seriously at this point, is of the essence. Now is the time to build. The pumps will come for sure but you have to be well positioned for it.

>>50405834
you paid 47k to learn about buying the top, congratulations and DCA like the rest of us faggot

>>50419049
They will be when the train is far gone and then, they will end up chasing pumps. I'm increasing my knowledge by learning from some of the leading projects like Subsquid, MoonBeam and Astar network in the Dotsama ecosystem. The workshops organized there has been helpful.

>>50419049
everyone going into the web 3 should be rest assured for a safe landing migrating into this new web

>>50406061
your problem is that you are reading 4chan, a place where is 99% larp and the other 1% are trolls trying to make you lose your money, people here are literally satanic when it comes to make people waste their time and money, you should never come back to this webiste again if you wanna to make any money ever.

>>50406569
>that asset owners would become Uber elites compared to non asset owners among the average person
This is still true. Your mistake was to believe stocks and internet magic beans are assets rather than digital nothingburgers.

If you can't touch it, it's a jewish scam. Simple rule.

>>50417570
>>50417776
it's lame bullshit. all the assets look like cheap garbage. no one enjoys spending their time in VR unless they're playing a videogame. the idea that people will want to spend their free time on social media and doing their shopping in VR or in some big habbo hotel is so obviously wrong and stupid.

so you really have so little business sense that you think people will like that? It's literally a meme made up by boomers who watched ready player one and thought that that's going to happen when that's obviously totally wrong and clueless.

>>50420046
Gen Alpha will grow up with it being the normal thing to do. you sound like a boomer: "Why would i buy on the internet when i can just go to the store? why would I send someone a message when you can just call them?'

>>50405834
You should have just bought a cheap house and stopped paying rent.

>>50420179
you sound like some chump who thinks that every new thing is going to be huge when in reality a lot of them are failures that get forgotten by history.

actually go into a metaverse platform and tell me it doesn't look shitty.
tell me there is ever going to be enough care and craftsmanship put into the assets to make them not look shitty.
tell me anyone is going to want to spend their time in vr habbo hotel.

it's a massive overstated nothing burger imagined by boomers.

>>50406049
btc is gambling, not an investment

It's only been a year retard. Ever heard myopic loss aversion?

>>50405834
You could have had 200 $1000 cranks of the shit coin casino

>>50406569
fuck you, you just did what they told ya

>>50406061
If you're poor, as in somehow you can't afford housing and food while having sixty grand, then you're just a complete moron

>>50419049
Agreed. Interest in web3 is on the increase and would even be gaining more adoption with the news of Cristiano Ronaldo planning to build his own web3 community under Binance.

Literally just invest in HBAR
they have the fastest growing ecosystem right now and HBAR foundation doesnt look like they’re gonna stop funding the ecosystem expansion anytime soon
ots you safest bet for a 5x

>>50406061
>>50405834
>poorly managed the 60k he already had
>inherits 200k
>poorly manages the 200k too
color me shocked. Your parents should've taught you about money and investing growing up.

>>50406049
>"CASH IS TRASH BRO INVEST THAT SHIT ASAP
nobody said invest badly
should've shorted dumbass

>>50418406
>you could then have used $50k for a sportscar
how did you even get to /biz/

>>50405834
If you invested in based assets you shouldn't be worried about the price action since you'd be bouncing back in the next bull cycle. That's one of the reasons why I went in on privacy protocols as I see them staying relevant for years due to the absence of privacy on blockchains.