/biz/ - Business & Finance

>>50572547
>offers no advice, warnings, or motivation for other anons to escape their wagie cages forever. Instead expects to be showered with love and glory from miserable rats still stuck in the rat chase....

>>50572595
im still semi stuck in the rat chase as well man. 1 million is a lot of money but hardly enough to feel truly comfy, i'd need 2-3 million minimum for that. I still have a lot of work ahead of me, unfortunately.

as for advice, what do you want to know?

>>50572654
You'll never be comfy with that mentality. It'll always be "I need x amount to be comfy" and so on and so on. You could retire on 1 million right now.

>>50572654
>330k> 450k>660k > 850k > 640k > 870k > 1020k

Do you think the above progression was market dependent and now that the market has shifted bearishly, do you think this progression is still possible?

What advice would you give to someone starting out small, say around 5k and willing to lose all of it no problem?

I have a decent amount for my standards saved up and I have been staying out the crypto market for the last year or so. I want to get back in but I also want to know if I should focus on more automated strategies.

Are you using any automated help? Bots/etc? Do you use scripts to exploit edges?

>>50572693
I don't have a job, actually never had one so i can't even really "retire"

But I actually want to hit 8 figures minimum

1 million is not enough, i cant buy the real estate i want, etc.

its cool but I need more

>>50572716

I went from 330k to 1 million after btc topped actually so yeah its possible

I don't use any scripts or bots, i have been watching btc/eth/altcoins for years though so ive developed a feel for what they'll do

I open trades based on my intuition, I want to learn how to code though looking into that right now

>>50572595
White women

>>50572723
Yeah if I were you I'd get out of Crypto for now. Leave real estate for the time being. Get into natural resource stocks and PM's. Basically the monetary system is going to shift to a basket backing soon and you will benefit greatly from this if invested properly.

>>50572547
>Be rich
>Get a bit richer (only 7x)
>AMA, I made a million dollars

Congratulations

>>50572547
>I got lucky and 10x'd a single time; AMA~!
you gambled 150k like a retard and 99% of everyone else lost theirs
congrats

>>50575010
this
the average poorfag has to 1000x to get to that level (which is impressive)

rich get richer and poor stay poor
marx was right

>>50575195
fuck commies, stay poor

>>50572760
What exchanges did you use
How long is average trade?
What cryptos

Thanks for sharing
I'm working on an Algo bot now

>>50572547
meh. i did ~$200k->$3.5MM (pretax) in the last bull. not that difficult when you have high starting capital and a functioning brain.

>>50575315
i've been doing bots for 2 years now prepare to loose your sanity

A lot of people would be millionaires if they had not been so greedy. IE that lucy girl from youtube, i saw it happen in real time. She got a bottle of wine the day she touched 1M after that it went all downhill, idk how much she has now, but probably about 100k.

Congrats op, 1M is still not that much unless you live in moldova or some shithole like that.

>>50575402
I'm already losing it!
Any profitable runs?
I'm seeing different results during different sessions

>>50572547
> 150k> 330k from altcoins on spot then 330k> 450k>660k > 850k > 640k > 870k > 1020k
Is that supposed to be all your trades or what stages are you listing here?

>>50575195
nah youre a retarded poorfag who thinks hes entitled to generational wealth because your parents were losers. My grandparents were dirt poor, My dad married late after working his ass off and ended up middle class, and now im upper middle class and will be rich within 4-5 years. Meanwhile crybaby cucks will remain poors. No family units, no connections, no friends or worse, friends as big of losers as they are.

>>50572723
Kek stuck in the rat race hey anon?

>>50572547
nice dug

>>50572547
how do i double my money in 6 months

>>50572595

>>50576083
>I was born into wealth because my father worked his ass off, my grandparent was poor though
>Somehow that makes me a self-made man
>Be like me and stop complaining you poorfags

>>50572547
Congrats but 1million isn't gonna mean much with our current rate of inflation. Invest it somewhere it will grow and stop gambling

>>50572760
Survivorship bias. Most likely you're going to lose it all going for several million.

>>50578858
Retard nigger, you could've literally invested $300k in any crypto last year and made a million dollars.
That's basically what I did.
The only people that didn't make a million are poorfags and retards that got greedy and didn't sell.

You are not a millionaire.
The term millionaire was coined in the 1820s, to be a millionaire according to the original definition, you'd need around 25 million now.

>>50572547
I lost a thousand trading, that shit doesn't work for me
I better Hold
>BTC
>ETH
>MATIC
>UTK
>FLOKI

>>50579099
>FLOKI
lol

>>50579348
Memecoins

>>50575181
Luck doesn't work for all
>>50579099
Stake them rather than Hold, I already stake BTC and ETH on Binance for a peanut, got some UTK staked on maiar dex

>>50572547
nice larp
post proof

>>50576696
>what is generational wealth
generational wealth already implies not self made u low iq pleb. Self made is a psyop for retards like you who thino wealth is only created in one generation. If I didnt work hard id be like every middle class zoomer who will be poorer than his parents. Most poors are just dumb with a useless family.

>>50579099
Nice picks chad. I'm holding MATIC, RAIL, JUNO and SCRT into the next bull cycle.

>>50572654
Heh I’m in the same boat waiting for the next run to push me from 1 -> 2-3 which is a comfy number. Hopefully there is a next run or I’m screwed.
Surprisingly all of my irl friends who started with me or before me are stuck at six-1M as well in a weird spot. Not enough to never work again and not enough to completely turn their life around.

>>50572547
What's your go-to TA strategies/indicators (bollinger bands?,) and how long do you take before a trade applying them? do you consistently use stop losses, if not how do you minimise your risk? What was your average return per trade (and leverage used,) and how long would they usually take to fill? Finally what sources of information for new traders would you recommend that helped you start?
thanks, answer all please boss.

>>50572595
dogs are gross and you're mentally and emotionally a child if you disagree

>>50576696
Cope, if you were born poor, you'd die poor and you know it; you are basically agreeing with me on that. You haven't accomplished anything by yourself and it shows. Self-made fortunes can be made but it takes talent and courage, that's why it seems impossible to you.

>>50580503
Cope, if you were born poor, you'd die poor and you know it; you are basically agreeing with me on that. You haven't accomplished anything by yourself and it shows. Self-made fortunes can be made but it takes talent and courage, that's why it seems impossible to you.

>>50572723
Take the money and call it a day, anon. Don't be the guy who didn't take profits at one million, lost a few trades, upped the leverage and then lost it all.

>>50585068
You are a tunnel vision retard with 60 iq. You literally cannot grasp what generational wealth is. I went from middle class to upper middle class on my own. I didnt waste what my dad did just like my dad didnt waste what my grandpa did. Poors who are born poor and remain poor are people with no family units and come from broken homes who cant pass down knowledge or wealth. You are the one coping here because you have to admit that your bloodline failed on multiple generations.

>>50585068
Grow up

>>50572547
How easy was it to fill your orders and then exit your position? Did you lose any money to slippage?

>>50579348
Definitely sounds like a shitcoin. I'd rather go for virtual lands on the metaverse seeing several top athletes and celebrities own one.

>>50572547
>shoot, no