/biz/ - Business & Finance

After your networth passes a certain amount to cover basic expenses, it all becomes relative.
Net worth loses its meaning unless compared with what it was before, dollar number doesn't matter, what matters is the % change. You would know that if you actually had that much.
Your down 80% just like most people here.
Unlike most people your basic needs aren't under threat because your net worth hasn't dipped below that threshold yet.
Your not phased because it's just a number. No one is banging on your door to collect rent. You don't have a boss that calls you in the morning wondering where you are. Its all made up.

>>51535985
You must be staking some really inflationary shit to get those returns, enjoy your capital continuing to evaporate

>>51535985
this thread makes me want to kms

i'm sitting here freaking the fuck out, applying to 100s of jobs and getting no return calls, watching my net worth of 15+ years evaporate into nothing, while fucking op earns any potential annual salary in the span of fucking 4-5 days. jesus fucking christ. i might actually fucking rope.

>>51536947
Settle down there newfriend, really think the guy posting fucking 9gag scooby doo memes isn't larping?

>>51535985
nice larp i bet you you flip burgers and barely scrape by.

>>51535985
Lol, that's what? 28% any? In W
Ehat ponzi scheme are you staking?

>>51536577
>>51537249

I get 60% in one shitcoin and 8% in another. You're right that it's mostly (but not entirely) inflationary - the rewards come in stables, ETH etc but they are incentivised by handing out tokens to someone else in another part of the scam-wheel.

But inflationary or not, everything gets fucked in bear and everything moons in bull. Making "income" like this is nice because it doesn't feel like selling assets to fund my life, whereas if I was sitting in some completely non-inflationary coin (100% circulating) then I would have to keep eroding my stack for living expenses, which is hard to do, emotionally.

>>51536947

That was me four years ago, son. I lost everything in 2018 but got back in with some loans and Made It, kek. Keep trying (srs)

hi brb

>>51538255
Name the two shit coins. 60% sounds doubtful at best.

>>51538500
amplifi

>>51535985
You ever try to cash out? You have internet meme tokens that are directly manipulated by Sam "the bank man" Fried. Go ahead and try and cash out and see what happens

Hi brb

>>51538555
>You ever try to cash out?

I've spent 7 figures IRL, poorfags cope that they "could never cash out anyway" but actually you can

>>51535985
My ATH was around 50M current is 7M. I cashed out about 3M and put it into indices (stocks and bonds) and am down about 8% on that. Even though it's just a number at this point and I shouldn't care, I'm still getting anxious and worrying more about money than when I had none.

>>51536947
thanks for playing

So what’s up IDF? Something happen for you need to post some demoralization? Kikes.

>>51535985
Why havent you maximized your losses through ICP?

>>51535985
You should had put all that in Aavegotchi to earn a stable income through ticket farming and glitter farming. For 1 whole year you could farm at 144% that's no longer the case at least for the tickets, now you have to farm a token called GLTR.

>>51535985
Stop bragging you fool, I don't make that in a day but still, I'm doing just fine. I trade, I have some UTK staked on Maiar too, and I have real estate assets.
>Go fuck yourself with your 13M

>>51535985
Oakky

>>51540019
Real estate Investment is super bullish, Soon I will buy a house in Cyprus and make payments in USDC through Utrust

>>51539385
retarded bagholder
>>51539586
retarded "aavegotchi" pajeet shill
>>51540019
retarded "Maiar" pajeet shill
>>51540853
retarded "Utrust" shill
the state of this fucking board

This board has gone to this

>>51540890
I earn around 2k EUR a month. There was a time where this was not enough, but then i changed things up a bit and lost all the expenses like renting and other useless city people expenses. I am feeling quite fine even though I do not have a great safety net in money per se. I get eggs fr my neighbor, potatoes as well, frankly i am doing very fine. Finally i feel that some good decisions have been made and now i am in a place where i can actually invest what i have without pain. It feels comfy when you are in hibernation mode.

>>51535985