3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
What's the best money advice you have ever received?
the rich dont work for money they make money for them
>>51004742Gay sex!
>>51004742Money is meant to be spent, just spend less than you make.
>>51004742keep your liquid assets as close to 0 as you can.
>>51004742Commit suicideDon't touch ICPThat's it
>>51004742Time is money friend
millionaires don't trade off astrology, billionaires do
No money, no funny
>>51004742Buy Chainlink (the ticker for Chainlink is LINK)
>>51004742money isn't real so don't feel like spending it is a reward
>>51004742A toilet flush uses less water than a load of laundry so dont shit your pants, just shit in the toilet
>>51004742>don't take advice on moneybut really>money is its own entity. It is not work. It is not goods. It is not services. It is not time, it is not effort. It does not conform to physical laws like conservation and does not need to conform to any particular mathematical structure. It is its own entity.Once you realize money is like a poorly coded object in a video game you can actually recognize what you need to recognize, and you will be able to take advantage of glitches rather than complain that the core gameplay is shit.
>>51004820Yeh but the time saved by shitting in your pants can be used making more money #hustlersuniversity
>>51004742buy high sell low
>>51004854+ you can sell them as an 18 year old girls shat on panties later on
>>51004742$5000 isn't a lot of money to have, but it's a lot to owe.
>>51004848Damn nigger, now that's interesting
>>51004742
Start a roth ira when I was 21, I didn't start one until I was 27, what a retard.
>>51004742"Buy Link"
Prioritize gains, not tax strategies.
>>51004848can you make this less abstract please?
>>51004742Probably the whole Rich dad poor dad spiel. It's genius in it's simplicity. "Assets put money in your pocket and liabilities take money from your pocket." So simply buy Assets and use them to fund your liabilities.Also all his rants about using other peoples money is mostly true, if a bit entitled and showing the signs of his time (ie. Growing up in a country that was hugely prosperous)
>>51004848>>51004878>>51004916I'm not sure that's that interesting, since everything in human life is like that when it becomes practical, because nothing is in its pure theoretical form anyway.
>>51004820this might be insightful advice. I will try to commit it to memory and then apply it to situations in which you've never thought to mention it. In a similar vein, I heard at a young age, that there are two rules of plumbing. First rule: Hot water on the left. I've seen this rule broken many, many times. Second rule, "Shit flows downhill". Which, to a plumber, means to indicate that sewage pipes are not pressurized, and must flow by gravity alone down to the main line. I also took it to mean, as I found later, that "Responsibility for a given mishap is ultimately passed onto the lowest rung of the administrative ladder". TECHNICALLY, the purpose of a "manager" is to be held responsible for any fuckup of the team he is managing, "responsible", for. But in any given hierarchy, blame is a can that WILL be kicked down the line by everyone responsible until it hits the lowest possible position. Your manager will blame you (or your coworker) even if his job is to be held accountable for your fuckups, and maybe he'll pay the price, or maybe you will, but don't be surprised if shit always flows downhill.
>>51004742Don't marry a fucking whore
>>51004916>>51004878Just throw out all advice and assumptions you have about money. It's all dogshit. People try to explain money to 4-year olds so they do it wrong. They then spend their entire lives building up fragmented dopamine and serotonin pathways around the idea of money.>>51005025>Don't marry a (poor) fucking whore
never trust a kike
>>51004742yolo into maskedticker: $MASKED
here is good advicehttps://www.youtube.com/watch?v=v8icnLiwDxY
>>51004742taking profitshodling is literally a meme to create bag holdersonce i realized this i was able to retire after 3 years
>>51005015I want to add to this. The first day I ever made a dollar of my own, was when I was 18 and my friend invited me to help his dad paint houses. He taught me the basics of using a paint roller, paint pole, and paint tray. But on that same day he said "You walk the dog, you don't let the dog walk you". There are many applications of this phrase. Not the least of which applies to actual dogs themselves. But the way he meant it was, you bring your container (pan, bucket) of paint along with you wherever you're working, rather than leaving it where it is and walking back and forth between the paint and the wall you're painting. It's less efficient and you drip drops all over the place. But "Walking The Dog" and "Letting The Dog Walk You" are valuable concepts in themselves. I might have had one too many pre-mixed bottled cocktails by this point tonight, but can you grasp my meaning? It's the same when a supervisor lets an unruly subordinate dictate what can or can't be done. ""The Tail Wagging The Dog" is another relevant phrase. You have to treat your tools right, but only so your tools will serve you. Do you understand my meaning?
>>51005041Yeah but then what is money? You basically just said it's prone to glitches and that's about it. I think I know what you mean but I want to hear it from you.I can tell a lot of it boils down to perception, which is why a financial bubble occurs, or why the WeWork fag can raise so much from Andreeson.
>>51004742>What's the best money advice you have ever received?It isn't real. It's all just fucking imaginary. With this mindset, when you lose it you can get it again easily. Just increase risk in proportion to how much you have to lose. >>51004742
>>51004742>Money matters and you should devote a considerable amount of your energy to making more of it. An art professor told me this. I was an art student at the time. It was the most valuable advice I have ever been offered. Back then I was still caught up in follow your dreams meme and money doesn't matter as long as I can afford to live. That was very naive of me and I thank this man for setting me straight on the matter.
Buy XMR after every market crash
>>51005179Obsolete privacy solution. There are other alts one can deal with which are better than this host of illicit actors.
>>51005096>What is moneyMoney is money. Any equivalency we are trying to grasp will undermine our ability to understand it, but treating it like a video game object is almost correct. Even then it's not exact because video games have mathematical constraints that money does not.'glitches' are just what appears to occur when people have made false assumptions, the most common ones being ones like physical conservation or mathematical constraints. Obviously it's not a glitch in the literal sense, but if you didn't understand what valuations or capitalization or how money is created and destroyed they will seem like mathematically and physically impossible occurrences. You would also not understand how the summation of value, goods, services, pleasure, satisfaction, wealth, security, trade or any other term often associated with money can follow different functions in different persons and can change (the subjective functions, that is) in a discontinuous manner.And I mean glitches in a much different sense than 'bubbles'. In fact, 'bubbles' don't even exist, they're post-hoc rationalizations of valuations when valuations do not need to be rational to begin with. 'Glitches' would include things like generating perpetual leverage engines with low-liquidity assets and asset-collateralized loans, or accounting artifacts which arise when trying to assign numerical value, especially over time.>>51005119This anon has achieved enlightenment.
>>51005249The fud just proves our strength
>>51004857Ironically>>51004799Link is a good project. I'm also considering buying it along with more of dydx and Geeq if it drops further. >>51004784>Don't touch ICPKekWhy?
>>51004742Don't buy link
>not a lender nor a borrower bet. my grandad, probably quoting some book he read
>>51004742To learn the value of money, you need to lose it first
>>51004742Short TSLA
>>51004742Buy when everyone is afraid, sell when everyone is euphoric
>>51004742Taleb's Incerto series put to into words my thoughts on chasing scalable income while simultaneously pursuing and maintaining stable, linear gains. Decoupling your time from your income. I run a couple businesses of my own (extremely small) and will be looking for work as a software developer after graduation. Ironically my main business is intentionally not scalable (local produce provider, specializing in things that don't ship well so I don't have to compete against megacorps). But it does decouple my time from my labor and covers my bills, and I get to set my own schedule.
>>51004874well said
>>51005295GMX over DYDX bro
>>51005288I don't think so. Nothing really cool coming from this sector.
>>51005442Your choice. Wait for their L1 chain to roll out.
>>51005041>Just throw out all advice and assumptions you have about money. I view money as something like current flowing through a circuit. It all sloshes around and changes hands and I want as much as possible to flow through my lines. I guess banks are kinda like batteries in this sense. You want to be near high voltage areas (living in cities, working in finance or something, etc), closer to the bigger money, and you can create your own subcircuits as an entrepreneur to capture some value. The more currents that pass through your lines, the wealthier you'll be.I guess that's in line with what I said above about my business intentionally being non-scalable, it's not ideal but it let me carve out my own little circuit to capture some money as it flows in a rural area. I don't live in the city and didn't want to work for anyone anymore, and really wanted to run another product based business.
>>51005015>>51005094>I might have had one too many pre-mixed bottled cocktails by this point tonight, but can you grasp my meaning?gotcha drunkanon, pleasurable reads.
>>51004756Hi rich dad. Where tf am I supposed to get the capital for passive income?
>>51005515>I guess banks are kinda like batteries in this senseWell, I guess they'd be more like the batteries _and_ the power generation services/providers.. Unfortunately. Anyway, I guess I just view it as something that's constantly flowing and you want to divert as much of it toward you as possible, and this gives you a chance to use some creativity to find freedom.
>>51005566>start, say, a landscaping business>do good work, build clientele and returning customers>get too busy to keep up>hire someone else>repeat until you no longer need to work or your time is best spent just talking to clients/organizing
>>51004756This is fucking retarded and doesn't make sense, are you missing a word in this sentence??
>>51004742No one gets through life unscathed
>>51005686he probably is, but it still makes sense. the bankers just literally "make money for them".
>>51005641>>51005515I found an article that expounded on this a bit and I agree:>https://eric-bott.medium.com/an-electrical-power-circuit-analysis-analogy-for-the-study-of-a-new-phenomenon-of-wealth-flow-due-a2bb07331dca>Wealth creation then, appears to relate more to the effects of power emission and absorption, which is characterized in terms of current flow as I2R, than as the static voltage on a capacitor, as it appears to be currently, and historically until now.
>>51004742don't be a niggerdo opposite of /biz/
>>51005515>>51005641If it works, good for you. But I will say this analogy would imply many things which are obviously false. It requires wealth to be defined in a very unusual way, requires constraints on its creation and destruction, requires an arbitrarily large amount of rational actors, and dozens of other misconceptions. The author doesn't know what money is, and is attempting to physicalize (in multiple, different analogies) it. He's simply mistaken.
>>51005876>It requires wealth to be defined in a very unusual way,I'm more talking about the movement of money in markets/the economy in order to capture value and eventually build wealth by increasing your income, not wealth itself or directly. I don't see the constraints on creation or destruction either, and that would violate law of conservation too of course in keeping up with the analogy. If you want to make money, you need money to flow to you, and if you loosen up and look at how money flows in general, especially in ways that you personally can leverage in your unique scenario, that can help, for me at least.I thought the article was turds overall, trying to take the analogy too far and into the wrong direction, but it there were a couple snippets that resonated with me.
>>51005876And do you have any insights to offer other than 'nobody knows what money is, it's like a video game haha'? I guess I'm with this guy: >>51005096Money is ultimately an artificial proxy for value, and value is ultimately closely tied to or coupled with time and energy as the most basic units of value in reality. So money can be seen as an abstract representation of the two in some sense.>'Glitches' would include things like generating perpetual leverage engines with low-liquidity assets and asset-collateralized loans, or accounting artifacts which arise when trying to assign numerical value, especially over time.I get the feeling you're talking more about investment or accounting than money itself, but at least you provided an example here. I think we're just talking about two different things.
>>51005330incredibly anti-semetic
Some weirdo told me to buy link. I was made fun of for buying $18 worth of link back in 2017. I was also poor.
>>51004742Whoever shilled me shib, I owe my life to him
>>51005526I appreciate that, friend. And I hate, hate with a capital-h Hate, when I see a dog that walks their owner. There are other circumstances to apply "You Don't Let The Dog Walk You", but we most-certainly were granted dominion over beasts. Even when I see a person whose CAT regularly misbehaves because they've let a FELINE walk all over them. I love cats. But I hate, Hate to see that. Cheers,
>>51006038>Money is ultimately an artificial proxy for valueNo, money is not a proxy for any other thing. I've already said this. It is not a representation of time or with energy, nor with any natural resource. I have said more about money and why advice around it is misconceived than anyone in this thread, the fact that I have not made shitty analogies is because these analogies are just misunderstandings.
>>51005330It's from Hamlet
>>51004799>Buy ChainlinkI accidentally did a double buy on that one… ouch, i was supposed to buy Sylo before it got listed on Coinbase, glad i was able to pick up some bag a few days ago.
>>51006924Kek
>>51004742> invest in chainlinkby assblaster
>>51008230You're dimb
>>51004742Do proper research before making any crypto investment. This led me to privacy projects as they hold high relevance in the crypto ecosystem.
>>51004777This.
Jaja taught me flip them packs and how to maintain (how to maintain)Get that money back and spend it on the same thang
>>51005271Money is a tool for exchanging trust and teamwork with strangers. >it's imaginaryWell yeah but you can still buy a house with it. It's not actually unreal.
>>51005271Fucking kek, this is the first time I've seen being retarded referred to as a glitch, but from the perspective of an abstraction like this it makes sense. I like it.
>>51005249I'll go for SLP and wait
>>51005179>Buy XMR after every market crashnot bad thoubut it's Ride for me, better potential for a moonshot desu.
Always be closing
>>51004742One of my friend asked me to invest into crypto and I did. It has changed my life upside down now. I'm accumulating alts now like Metis, Avax, QANX and TERA hope these bluechips make life more comfortable.
>>51006135seems you made a living off of it. One asset I see making waves in the next bull season is ORE which aids users in proper identity management.
>>51010487What's ore looks like a metal mining to me kek....
>>51010511You're wrong chad. ORE is in no way connected to mining but is a platform that gives users seamless access across blockchains with just a single ID.
>>51010608Wow that's interesting. Anon but QANplaform is a L1 which will offer 1600 tps and more than that it's a quantum resistant blockchain. Kek not even close
>>51006726Anon, thanks for the previous posts. Can you give a practical example that flows from your summation of currency? What concrete actions to obtain money can be taken with this framework?
>>51004742Buying Shiba in late December of 2020.
>>51010471>I'm accumulating alts now>Alts>NowSorry for your soon-to-be losses, anon. Better luck next cycle.
>>51004848>>51005041>>51005515are there any books about this concept
>>51006726A conclusion I've drawn from this framework is that something like the BBBR method in RE or when people were defi-maxxxing during the bullrun are the fastest ways to make money in our system. My brain is working overtime trying to figure out a practical pathway though.
>>51010487>>51010608these anons, they know whats upbut im gonna have ot ask you to delete these posts because im still packing my bags
>>51004742“Sell your TF2 hats for BTC, it’ll be big one day bro” - some retard who wanted to dump BTC on me for my hats when I was 16 years old, me being retarded, accepted. I held on to a lot of it and now I’m laughing in 7 figs kek
>>51004742$10k from an airdrop
Bump
>>51009157a Defi project?
>>51011398dyor bizfag
>>51010702Buying or bought?
>>51009157I'm not looking for moonshots but promising assets that would be around for years. One of them is Ore Protocol which makes blockchain easier to use with cross-chain interoperability and accessibility.
>>51005686you are retarded
>>51004848>Once you realize money is like a poorly coded object in a video gameIts not "like" a poorly coded object in a video game, it literally is one. Money is literally runescape GP. Literally. RS GP is just inflated money, so all the retardation you see around runescape GP is actually what happens in real economic systems as well.
>>51004742Buying ETH and ALBT after every market crash. ETH has been helpful most especially.
>>51010872You're right, I have wondered if there was a good framework to quickly locate these "infinite" leverage glitches without the benefit of hindsight. In looking through the data, many real estate markets (and some quickly-exploited DeFi entities) actually exemplify these free infinite 'value' 'glitches'. The trouble is the depth of the liquidity available to "exploit" them (or act as an entrepreneur, if you prefer) is not always calculable ahead of time.>>51011721Very true, but money doesn't have *every* constraint that runescape gp does. It's not limited to 2147M stacks, there aren't untradables in the same way, items don't have high alch values and if buyers don't exist prices and valuations become meaningless in a way they wouldn't be in an MMO. But you're basically correct and MMO gp is in a literal, not a figurative sense, a form of money.That's the best analogy I could come up with though. If I just came out and said "money is like MMORPG gold but sometimes even worse because some 'real' money is less useful than WOW gold" the boomers would self-destruct or try to find meaningful differences. So I just listed the retarded shit that money is not and let them try to defend impossible positions saying money is in an identical sense value or time or labor or a system or capital or wealth or any other combination of things.>>51010823Yes but if you start from the assumption that 'value' is at most an abstract object, and that money is a unique, plausibly abstract object, you will end up not being able to generalize it for every case and instead say "in country X and time T1 the money is basically this, but in country Y and time T2 it's basically this, and Z country money is even worse in certain ways". You end up having to treat every fiat as a special case and include discussion of non-fiat money like crypto or precious metals or runescape GP. It just becomes a shitshow.
>>51013025You have an interesting way of looking at this. I’ll have to dig deeper. Thanks for your posts
>>51013373Think of money as "hours worked"
The only advice that will ever fucking matter: Make your money work for itself. You will never get any meaningful wealth working a job and dumping your money into your lifestyle. Let your investments magically make your money proliferate and live a secure life.Also you're a bunch of fucking grubby losers who have no interest in anything excpet consooming dumb shit and fucking off like a bunch of parasites. Businessfags are truly a selfish people.>t. engineer who doesn't care about meme lambos and other retarded crap you nignogs worship
>>51004742Do not pour money into things, money should make itself.
Fuck bitches, get money
>>51013025Thank you anon
>>51013487>Also you're a bunch of fucking grubby losers who have no interest in anything excpet consooming dumb shit and fucking off like a bunch of parasites. You're describing wagies.
>>51006135SHIB changed my financial status. I can't take such risks now though else I'll loose it all. Found my safe haven with stables.
>>51016106You'll loose those stables too. Don't forget LUNA.
>>51016352USDC isn't going anywhere and that's my best pick. At least it's available for staking on Spool.
>>51004742that 20k is the black rock accumulation zone
don't be fucking retarded>thread
>>51004742don't buy chainlink
>>51005686No.
>>51004742Not your keys, not your coins.
>>51004742Invest in Catb0nk, I didn't listen at the time though and a few days later it did a 25000x
>>51004874You’re rerarded, that’s a tiny ass amount to owe. A credit card company won’t even take you to court that.
>>51004742Find high customs taxed countries, find out what sells quick (besides drugs; don’t buy drugs) and try to get in good with a customs officer (bribe). If that doesn’t work, smuggle…been working great since 2015.
>>51016830*retarded, ironic
>>51016830Yes they will.>t. Ignored a $1200 cc debt from chase and they sued me
>>51004742Start saving early. As soon as you make your firsr dollar save that dollar.
>>51005271>Glitches' would include things like generating perpetual leverage engines with low-liquidity assets and asset-collateralized loans, or accounting artifacts which arise when trying to assign numerical value, especially over time.You're talking about housing, aren't you.
>>51016863Larp. The costs of taking it to court would’ve exceeded that.
>>51016641Spool is a new yield protocol?
>>51005249And yet, XMR is still the criminals choice for crypto.
>>51004742Just say no.
>>51004742Buy high. Sell low.
>>51017274Not a yield protocol but a non-custodial defi middleware linked with an array of yield protocols.
>>51004742it's something that was said to me many times in too many or too few words, but it goes like this:>The currency you use in everyday life is designed to lose value. In order to make it, you need to earn more than a REAL return, you need to reach escape velocity. Which is of course why this board is obsessed with Bretton Woods 2.0 and the next monetary system. Crypto is the inflection point of which fiat will be financially judo'd.
>>51005131wish somebody told me that.
>>51004890>tfw started one at 24It's Over
If it doesn’t mKe dollars it doesn’t make sense(cents)
>>51017507More like buy low and sell high. Although that mentality is not for chads who invest for the long term. I got in on Ore Network a few weeks back and I'm looking forward to its growth over the coming months.
>>51005686The prhase is "the rich don't make money they make money work for them" this specifically in reference to passive income generation.i.e., rental properties, dividends, e-commerce...etc
>>51004793Tell me more
>>51004787Glad you could help
>>51004742>yih yih frfr no cap nawumsayin sheeeeeet frfr no cap yih yih bitch niggas mawfuckin south side gangsta shit kaplow cap cap brrrrap
>>51018398"The wealthy... "
>>51004936> Rich dad poor dadDon't ever take financial advice from a Hawaiian, ever.> "One of things that many people don’t realize about Robert Kiyosaki is that he got his big break due to MLM. [...] Short version is that a top person at the MLM company Amway, Bill Galvin, found Kiyosaki’s book, Rich Dad, Poor Dad, at a car wash before it was published. In fact, Kiyosaki had trouble getting published. It was Bill Gavin of Amway who was able to pull the strings and use the MLM culture to get the book its best seller rating. Kiyosaki also sold tapes at $6 to tens of thousands of distributors. It is fair to say that Kiyosaki’s owes the MLM industry a great deal by embracing his products."> "It seems to be that Kiyosaki and MLM have a symbiotic relationship. The MLM industry provides Kiyosaki with a steady set of customers for his products; Kiyosaki provides the MLM companies his support that it is a good business venture."
>>51004742Save and invest, dont borrow.Spend only in what you need
>>51004787Based goblin of tanaris desert
>>51019472do this but borrow
>>51004742Invest in (a) real estate, and (b) blue chip stocks.When my grandmother died and left me a little money instead of buying a sporty car or some shit I went around to all her neighbors and asked them very seriously what I ought to do. Thankfully I followed their advice.
>>51004848the way i treat investing is i imagine myself walking around in an art gallery looking at pieces of artwork to buy. sometimes i stop and look at some detail about the piece or read the plaque next to it to learn more about it. But i never start say on floor 1 and move my way down the hall piece by piece. i just wander around allowing myself to be drawn to whatever catches my eye and when i do like something i stop and look around at how other people are reacting when looking at the piece. For instance, if its a pablo picasso painting i imagine people snickering and joking at how ridiculous it looks, or if its van gough painting i imagine some kid whispering 'hes gay' and laughing with his friend. So when i see behaviour like that i know there is something more than meets the eye there and this piece of work could potentially have something special about it. Its like 100% 'emotional' investing based on a feeling without having any emotion when it comes to making trades. i dont know if this is any good but its just how i operate and since you put your abstract point out there i thought i would put mine
>>51005686He should have phrased it as>The rich for don't make they money for to work
>>51005025My old man (2 divorces, both horrible bitches) told me never to get married period. In fact, my grandpa told me the same thing. Even if she's a virgin it's still better never to marry. Way she goes I reckon. Is what it is.
>>51010711Anon it's buy and hold time kek...you are fool so you can't comprehend it. I'm DCAing with some of those QANX METIS and AVAX.
>>51019364It's funny how many people trying to sell advice on how to obtain success became successful by... selling advice.>>51017088>You're talking about housing, aren't you.That's the most universal example I could come up with>>51020108This is probably the best way to invest. After all, value only exists in the minds of humans. If you can understand what people care about you can find value.
>>51004742"fuck you, sue me"This one depends on circumstances but I've saved a lot of money over the years just throwing away bills and invoices. I've been sued twice for this but both times they settled with me in the lobby outside the courtroom for a fraction of the debt. It's just that most people either cuck immediately when they first get threatened with debt collectors or are retarded and don't show up for court.
>>51020262True that. We humans are naive and ignorant fuckers. >We scam and get scamed>We do the rugs and get rugpulled>We create the threats and get rektMan this goes on and on. Worried about the quantum threats especially but I am atm exploring QANplaform as It offer security against this fucking threats.
>>51004742Buy QANX.Sell 2025.>>51004897>90% down and diabetes. Rekt
Money talks, bullshit walks.
The only project I'm using now is Life Beyond. cause:>AAA Blockchain powered MMORPG>Open Alpha is live >Upcoming NFT Drop>True Ownership of in-game items
>>51004742Invest in crypto especially in post quantum cryptography projects
>>51004742Never invest more than you are willing to loose.
>>51020340Cellframe and QRL are also good projects built for the same purpose
>>51004777Checked, but why?
>>51005362Jewish hands wrote this
>>51005179I reckon that privacy focused projects are worth investing in. Although, I'll rather invest in lower caps
>>51020141Demoralization post
>>51017373That's dumb. Thinking that the criminals are the only ones that explore privacy solutions is totally retarded. There are countless legitimate reasons to want to stay private
>>51021418Same dump everywhere faggot.
>>51020141Have you considered both your grandpa and father are both horrible pieces of shit that got a partner that reflected that? Because their experience is not my experience.Best advice I ever got was to never live at or above your standards (ie what you can pay). Ironically this advice came from my parents, who took on an obscene amount of loans and creditcard debt. I guess they were saying “learn from our mistakes”.
Yo Buddies, dont let those shillers fool u. Invest only the trusted systems! Like Yopi Network.>Fastest and cheapest payment feature in the world>Highly scalable, community driven>Full-stack product with all crypto opportunities and techs>33%-49%-66% APY / 30-60-90 days lock
>>51005096>I can tell a lot of it boils down to perceptionAlmost all of it is. Money is more about the perception of power than anything else. Nations make money and defend it with military action and saber rattling. They make you use it to pay important debts, and they don't print infinite amounts of it, so scarcity kicks in. Scarcity, beyond survival, is psychological. Much of what any person believes about money is wrong because it's not the same for everyone. Governments try to make it an abstraction of value, but value doesn't work like that. Value is fundamentally subjective. In the end, it's just a limited resource which is easy to store and transfer. Everything on top of it are the machinations of clever and stupid men.
>>51016754Apt. Users not maximising the utilities provided by protocols facilitating identity and asset managements are prepping themselves to be fucked
>>51016803Well, that's the last x it's ever going to do
>>51008702The spotlight is just beginning to fall of PriFi based projects, especially the ones with solid fundamentals and products.
>>51005288Well, it's another indication that there may be emerging privacy solutions that are outperforming it. Take for instance, Railgun and how it's redefining privacy and anonymity on multiple chains including Ethereum.
>>51004742buy crypto
>>51023455Here's the second best piece of advice you'll never get. If talk shit about my family again I'll shoot your whole family and rape your mothers skull you retarded faggot. I hope they drown to death in their debt.
>>51008733That’s a hot nigga right there
>>51005179>>51005249Privacy has been the "next big thing" almost since crypto was founded. The privacy investment thesis has been one of the biggest, most consistent losers in the space.>>51005330>not a lender nor a borrower beTerrible meme fincel advice.
>>51023017Faggot, Qanplatform is the best of other post quantum cryptography projects and you know it
>>51004742When trading constantly remind yourself how much your regular job makes you per hour/month/week, write it on a post it if neededShould be your first indicator when it comes to determining when to take your profits
>>51024044Buy it, but don't forget to shield your transactions or balance while doing so. You can get fucked very fast
>>51016754>Several keys, several identities>Need for cross-chain identities solutions I am just beginning to understand why security is a major issue with early crypto traders
>>51004742Don't stick your dick in crazy
>>51005249Justified. For obvious reasons, Railgun is the most complete and secure on-chain privacy solution.
>>51004787Kek
>>51024074So definitely both pieces of shit, I mean look at you.
https://youtu.be/LtFyP0qy9XU?t=77
>>51024544>Need for cross-chain identities solutionsAnyone worth looking into? Besides, how does it work
>>51010471You should check how METIS DAO partnered with a privacy project to extend privacy to scalability systems. You'll probably add to your bags after seeing it
>>51004820>doesn't composte his poopoo in buckets >ngmi
>>51004848Money is energy. But we're doomed by nature to be unsustainable.
>>51024710ORE network is a good one. perhaps the most prominent one. With a single ID/account, you can basically manage several identities and assets across multiple-chains.
>>51024617You'll be looking at me as a pound your anus into oblivion you absolute niggerloid. I'll pour boiling oil down your dickhole with a metal straw. I will yank your teeth and nails out with pliers.
>>51024741Quite interesting to see how much relevance privacy projects are getting. It's expected anyway. The next thing is the skyrocket demand for privacy solutions.
>>51004787Read it in his voice. Man I miss vanilla wow (and no, WoW classic is not vanilla by a long shot),
>>51024882Nobody from a healthy family that would respond like this. You are the (poor) reflection of the people that raised you. Sad. Many such cases.
>>51005041The world is a seamless infinite pool where hidden hands pour fish pouder to poors. Money is the perceived as civilised way of tokenizing evolution by inferiority tokenization. It's a slavery token. It's a merit token in a meritocracy. The problem is that we're devoided of any significant merit whatsoever. We're liars. Our order is disordered and our good is just a cloak out of the blodbath that we know would follow by letting any real truths out. Feminism is our extinction token and we finance it through intellectual bankruptcy first and financial one later.
>>51024821Best post ITT. This is why we need nuclear fusion.
>>51004742To act like I’m homeless with my actual spending money, and then invest it wisely if I have a surplus. While still investing WISELY with my savings.
>>51004742"When there's a gold rush, sell shovels"Literally the best advice I've ever gotten
>>51005094Who owns the estate wags the wages.
>>51024917>Sad.You can type like Trump. But you will never be able to Trump my genius intellectual replies. You will never be a woman. And I will never lose. I WILL rape you and you WILL die. Hail Maga!
>>51005271>tgdr
>>51017373Crime is the purposefully concealed synonym of virtue. Freedom from slavery was once a crime. Still is.
>>51025024You lost the moment you were born into that family.
>>51019827Advice is ad vice. I always do the opposite. Genius obey none and nothing and anyone aiming at a anything less than genius, no matter how far away it might be, is led by the idiocy most are. I'll royally fuck myself myself.
>>51020108He's gay.
>>51020141Women seek savages to maul other savages so they may have a chance of survival. All else is not even secondary but irrelevant. Of course they're irrational in their pursue for were they aware of it their nature would be other. Men should've enslaved most women into pleasuring them long ago but nature had obscure goals to us that recquired sensitivity to develop and that was and is incompatible with ample brutality. Still, our owners struggle to be as ruthless as possible. That's why they own nine out of ten truly attractive women. Just like the sport cars.
>>51023455By your pointedly directness both they and you already sort of made it.Here's a hot chick for you.
>>51025019The fren is your tran.
>>51006726>No, money is not a proxy for any other thing.Yes it is lol. You're not really saying anything of substance imo.
>>51017373No it's not, BTC is used much more on DN.
saving money is useless, the only way to become rich is to start earning more
>>51026309Try again. You're on the hook for defending money as a proxy for time, value, AND energy. You cannot even defend these individually! Time and energy are concrete objects and value is an abstract object. None of these things are even in the same fucking class.In reality, money does not exist and it is an abstract label placed on some participants in a transaction. All 'money' was once not 'money' and will in the future not be 'money', even if you identify them as physical objects! It's relationship with space, matter, and energy is equally abstract.
>>51005249You have a point pleb. One privacy solution I've found to stand out with defi and smart contract integration is Railgun. I'm also exploring others in the space like Mina Protocol and Panther.
>>51024044Kek, I like to narrow mine down to investments with potential. Right now I'm seeing Identity management platforms with what it takes to be the next big thing in the crypto ecosystem.
>>51004848>bruh life is like... a RPG you just gotta exploit the glitches Reddit tier
>>51004742>The love of money is the root of all evil. >Make money a tool that works for you, and works through you, but never work for the money itself--it'll rot your heart.>When it comes to friends and family, there's no such thing as a loan, unless you're willing to lose that friend or family member.>Trading dignity for money will likely leave you without either after a certain point.>It's okay to have illiquid assets (pic related)
>>51004742You can't buy your health. Don't sell or trade it for pennies.
Buy GME, buy BBBY. Only regret not putting more in to start. Quadrupled my BBBY investment last week but I only put in $500
>>51013487>Also you're a bunch of fucking grubby losers who have no interest in anything excpet consooming dumb shit and fucking off like a bunch of parasites. Businessfags are truly a selfish people.I don't think anyone has ever accused /biz/ of being selfless saints with good moral compasses or due diligence lmao
>>51004742If it takes any effort at all, it’s not worth it. Making money should be easy, anything else ends in pain.
>>51029249How much cash do you keep in your portfolio/assets though? Percent of overall assets, that is. People say I'm conservative since I keep 15% in cash but that liquidity is unbeatable in times of need
>>51029366Just stay in cash bro, money is always money it's so simple bro.>>51028979This whole thread is reddit and she's right, money isn't real
>>51005041>Just throw out all advice and assumptions you have about money. It's all dogshitand listen to this broke shutin loser on a childrens cartoon forum
>>51005094you seem like a total loser. get it together, loser
>>51029430>money is always moneyno it literally turns into less money as time goes on
>>51024882You’re a massive faggot
nothing ever happens
>>51005686There's a building where they literally print money and give it to whoever they want.The only step in the way is some fag in a suit has to make a promise to Israel or companies in other countries first.
Fiat money that is not backed by Gold or Silver, is seemingly created out of thin air (nothing); it is actually created out of debt. This creates a pattern of endless boom and bust cycles; and this pattern was created by design.It's a feature, not a flaw of the system and it is "priced in" by the invisible hand that turns the organ-grinder and makes the monkeys dance.
>>51029488You could have AT LEAST tried to argue something, nigger.
>>51029034>When it comes to friends and family, there's no such thing as a loan, unless you're willing to lose that friend or family member.This. Fucking this.You are N O T getting the money back. EVER.
>>51024206We know it because it has already been Audited by IBM platinum partner (VIR) and uses Crystal Dilithium in its Xlink>Move along now SAMBO
>>51024484Goid thing there are privacy protocols in the space that can shield transactions and even wallet balance. Some even integrate defi and smart contracts as well.
To start manifesting money instead of working for it. Changing my beliefs about self worth.
>>51030000Checked.
Honestly? "Buy SHIB, it's going to blow up like DOGE"Right here on this board.
>>51004742YOLO your life's savings into the latest memecoin or memestock.
>>51023017Not same purpose faggot, QAN isn't only quantum-resistant, it launched QVM recently that allows Devs to code smart contracts in any programming Lang
>>51031192Memecoins would get you rekt chad. I rather get in on assets like ALGO, ORE and NEAR which have good fundamentals.
>>51004742Time is money so spend it wisely. You always know how much currency you have, but never know how much time you have.
>>51031883 fuck that goes hard
>>51004777liquidity crisis.
>>51031192NGMI fag, hope you enjoy sleeping and waking in your mama's basement>>51029430> money is always money it's so simple bro.Fuck it what don't you guys understand about inflation? Money can't always be money except you look for a way to generate passive income to hedge against inflation DeFi tools like Spool can help simplify this if you are too dumb to grasp it.
A purely practical one from me is this:Starting capital is by far the most important aspect of any investing effort; all funds, businesses etc. start by raising sufficient money to invest. For some reason individuals/retail are told never to do this, I wonder why.Getting together a good lump sum (6 figures ideally) bypasses so many problems and increases your chances of making it.>what if I lose itThen you lose it, wah wah. The alternative is to never seriously try, so stop posting.>>51004848Pretty accurate.>>51020108>Its like 100% 'emotional' investing based on a feeling without having any emotionAlso true. You get money by using your emotions and instincts, in a controlled way. The same way you get literally EVERY other resource/reward in this world, and the same way anyone accomplishes anything really. There may be objective or quantitative elements but overall it's an emotional and instinctive effort.
>follow Polygon’s twitter feed>wait for announcements for new products >long the fuck out of MATIC>free cash>pic related
Do you people follow retired traders?
>>51021224Exactly what I'm doing. These small caps are the best place for a bet, especially when you find a gem like QANplatform.
>>51005249If you say Monero is obsolete then you should look out for Secret Network as a new breed in the privacy sector.
>>51024195It's just a matter of time before privacy gains mass adoption. It will not be long.
>>51004742a wife and children to care for will propel your money generating powers to heights you would never believe.
>>51023354There is a lot of low caps privacy you know. Oasis, Azero, SCRT. They are not really low but as compared to XMR.
>>51004742With Jews, you lose.
>>51029249>drop of cashIs cash a fluid?
>>51018398No, that is not what he is saying.The rich literally print money and distribute it as they see fit.
>>51004742>The first $100k is the hardest. It becomes slightly easier after that. - Charlie Munger>Work two jobs, and save all the money from one. - Jay Leno>Save/invest at least 50% of your income, then use the rest to do whatever>Crypto is a decentralized pyramid scheme, stay far away from it.>When you get a raise, don't make any additional lifestyle changes for at least 6-months, and instead save/invest as much of the difference as possible. >Better to be single than with a women who would likely divorce you and sue for half of your shit.
>>51004742Jews were right all along, most people are cattle to be exploited
>>51005271>bubbles' don't even exist, they're post-hoc rationalizations of valuations when valuations do not need to be rational to begin withThis anon gets it. Their is no such thing as 'true' or 'fair' value
>>51004742Wasting my money on trannies
Don't trust asians, especially the chinese.
>>51035448You have a point chad. I'm also big on privacy solutions and there has been considerable development in the sector. I just found out that there's a DEX in the space for private swaps and trades.
>>51005686Doesn't make sense to me either. I'm not a native speaker and I understand, what the retard is trying to say, but the sentence is weird.
>>51026750>Spend money in the right places quickly so more can turn up each day. Unironically good advice
>>51005015This is good. I've also heard "fish rots from the head".
>>51041871Privacy protocols are responding accordingly to the issues in the space. I heard about Secret Swap and it looks secured. It's time we keep our transactions away from the eyes of these mofos rooming in this space.
>>51035481I bet the upcoming mainnet upgrade next month will have some positive effect on SCRT. Sleep on it and have fun chasing the pump.
>>51026765Money is a proxy for value, just look up the definition of 'money'. Value is often correlated with energy and time required to produce a good or service. This is just an objective truth. I didn't say money IS value, time or energy but an abstract representation of value.
>>51035644no but it's liquid
>>51004742go all in on one project dat seems fundamentally undervalued and just wait it out for years
>>51005566go work for a year. save as much money as possible if possible take out small loan if you can pay of longterm
>>51046147>Underrated response. Although, identifying fundamentally undervalued projects in this crazy market can be quite challenging. I really wonder how projects whose utilities are not tied to promoting mass adoption of blockchain services and web3 development will make it.
>>51046165Red line on loans. I find it really hard to see any sense in them
>>51044733I'll suggest that you stick with privacy protocols with an actual product already. Besides Aztec and Railgun, I am not sure I'll class any privacy protocol as secured at the moment.
if you can not afford to buy it twice, you can not afford it at all. Its applies to all things from shoes to a fucking car
>>51020108I don't know if you're thinking what I'm thinking but this is basically how I made 800k with nfts
>>51035481>Neither Railgun nor Aztec, or even Mina protocol includedMediocre list, for sure
>>51035448It will probably begin with the realization by institutions and crypto firms identifying the need to keep their actions on-chain secret, which in effect places them at an advantaged position against their competitors.
>>51004742NEVER listen to boomer advice.
>>51029366This is not the time to be conservative, faggot. Make the best out of asset management protocols and you'll realize that it's highly beneficial to stay all 100% in crypto.
>>51028684How far have you checked? If your search hasn't landed you to ORE protocol by any means, you've probably been wasting your time.
>>51026750It's not that simple, benchod
Never lose sight of the great things you have in pursuit of what you don't have
>>51011027basado
>>51026750Good thing there are passive income streams in the crypto space chad. I've been LP mining on Ore Protocol for a while now and I can say the yield is quite impressive.
>>51004742To be a millionaire you have to understand how money work and how road are built
My parents barely understand how the index funds in their IRA work, and my dad tried to cash his out when he got to retirement age and put it into an annuity to himself before my mom and I both screamed at him enough that he understood how utterly fucking retarded that was. Where the hell would I ever get good financial advice from? I had to figure that shit out almost entirely on my own.
>>51050182And plurals.
>>51004742Focus on total returns. Dividends are not free money.
>>51035481>SCRTIt's obvious you are into privacy coins. I am most optimistic about their model of privacy.
>>51004742I started to stake UTK where I get an APY of 35% which the banks don't offer. Loving it.
>>51052486Imo staking stables is a good option as these days projects like spool offer good returns for that.
>>51004756/thread
>>51052588That's nice but by staking UTK I get to earn cash backs on all the transactions I do. Which is a big benefit for me anon.
>>51044733>Privacy protocols are responding accordingly to the issues in the spaceThere is high demand for data privacy, asset security and decentralization, protocols like Sylo are building on this niche desu
>>51052031Privacy is really nice to have. It's best that our data is masked and no can steal and miss use it.
>>51052701That's pretty interesting. I recently bought a redmagic gaming phone with USDC I have been saving up for a while now. Planning to buy a MacBook pro soon. Love this way no taxes and shit
>>51052769Web3 users can now utilize NFTs as means of identity while communicating and transacting freely in the open metaverse
>>51053011With web3 crypto payment solution the transactions are faster, cheaper and safer. Now that more than 75% retailers are ready to accept crypto as payments I see the adoption is getting better and better.
>>51004742if you don’t know what to do with it it’s wastedit’s a measure of time*labor its only made and lost never held if you’re not making it you’re spending it
>>51024901Look up turtle wow. Its classic plus.Free, no blizzhomoHas hardcore mode where if you die your toon is deleted.They added high elves and goblinsAnd did a slight talent revision as well as added content to map. Tries to follow as a warcraft lore than mmorpg