/biz/ - Business & Finance

30x leverage long after absolute crash

>>51720572
go back

>fortune favours the brave

>>51720572
Very nice OP, very nice.

>>51720572
I guess he could wait until his mother dies and try again.

>>51720642
damn kek

>>51720572
What a fucking stupid cunt. How the fuck do you take your father's hard earned cash and blow it all in a weekend? Stupid fucking loser. If my dad leaves me 100k dollars (he won't), I'll make damn certain that it's put to good use in his honour. My dad is a wonderful man, he would die a second death if he knew I had thrown away that much of his money.
This has me seething.

>>51720700
checked. generation of retards

>>51720780
it’s a generation of people who don’t give af about anything. a good chunk of zoomers seem to genuinely believe the world is ending soon, so they don’t think anything they do matters anyway

>>51720700
and what exactly would you do with 100k

>>51720877
literally anything is better than some degen leverage play inspired by reddit fags

>>51720617
He can't he's suspended

>>51720700
But, I don't think you understand. He got le epic reddit upvotes.

>>51720877
Make it part of the less risky / generational part of the folio, where it is sure to grow in his memory. This means CD ladders at least, stock index mutual funds at most. Perhaps down payment on a rental property.

Windfalls are not yours. Windfalls don't exist. Windfalls shall not be touched. Pretend you don't have it.

>>51720877
Not that you fucking goytard. How about investing in something extremely conservative with minimal return to hold you over until you find an actual good use for it? Stop trying to get rich quick you god damn jew loving sissy cuck faggot.

>>51720572
based. if you aren't permanently banned from reddit it means you are a dellusional leftist

>>51720700
checked & this

>>51720572
This is like top buying retards getting rekt. cocky bear btfo

Damn, based retard. At least I've lost 80% of my networth that was created by retarded shitcoin gambling anyway lel, I feel better now

>>51720700
Would be better off just gambling it on red or black on roulette in 10k increments

Fuck bears.

>>51720877
I used mine to buy a house which then tripled, i sold and moved hyper rural. Now I can take some funny money and blow it on retarded embarrassing trades without feeling guilty.

>>51720572
>left me to have

Should have given the kid a weekly allowance with how stupid he is

>>51720877
I would buy a house in a stable city. Even a basic bitch savings account would be more prudent (obviously)

>>51720572
Imagine working your ass off for years to leave your son a decent amount of money to start his life with and he blows it all away in one day

>>51720877
Seriously? Literally anything else would be better than wasting it all on a retarded play. just stick it in safe investments like spy, down payment on a house, hell even using all the the money to travel around the world to bang a bunch of hookers would have been better than this

>>51720877
100k worth of nickels

>>51720877
buy $100k worth of gold and jerk off

>>51720572
That ain't shit. I lost over 200k this year

>>51720700
Wow just wow..
Let's unpack this
We don't need your toxic far right actitude here.
Anon just did a mistake. Aren't you human or something? I doubt it anyway.
You also must be also a broke incel.
I'm just gonna downvote your comment and suggest mods to ban you.
Hate has no place in here

Retard could have bought 12 blue chip dividend stonks and had gambling fuel for free. Even buying 100k worth of Shib is high iq compared to that

>>51720877
Farming

>>51720630
>hold
No ne tell him we probably have another 50% to go.

>>51720700
Your dad had gay experiences he never told you about.

You only risk money like that if you know you can afford to lose it.

I made a decent stash from crypto but it was only a few hundred dollars over the past 4 years. If I had a $100k, I'd diversify that into some blue chips, REITs, index funds, and just a BIT into crypto. If I was going to actually risk something as stupid as that, I'll use my own savings and ONLY if I was willing to lose it if things went tits up.

>>51720630
So this is the new face of the mentally ill homeless person

>>51720572
>Your account has been permanently suspended from Reddit

kek based

>>51720877
Buy 5.15263901 BTC and hodl to $1000000 per coin

I blew 20 grand last year buying shitcoins

>>51720572
Nobody could have see that coming

twitch zoomer cryptokking is down from 97k to 12k, livestreams his terrible positions and keeps topping up the account with loans

>>51720572
>$100k
STEM meme + work a few years

>>51720877
Spend $5k on hookers all over the country, the other $95k I hodl

>>51720572
No refunds.

>>51720572
$100k is chump change, I could've had $2 million last year if new trader emotions didn't get the better of me

>>51720572
> GUYZ I LE HAMMERED THE PUTS
> blindly clicks 3 buttons on a smartphone based on ticker names he read in some thread
good i hope he lives a life of poverty and his dead father is somehow able to see what a loser he raised and be able to feel the deep pangs of his own failure

>>51720997
Kek

>>51728514
kek is he actually taking loans to keep trying?

>>51722526
ON the gold? or WITH the gold?

>>51720877
Index fund. Even if they returned awful at 8% it’s still way better than risking it on some shot pin and indys

>>51720877
Absolutely no more than 3x leverage, ever. And even then, never fucking SLEEPING ON IT.

>>51730155
Instead of engaging in futures trading that will ruin my future, I would rather stake an assets on Freeway. Be cautious these days anon.

>>51728550
>giving your money to the universities willingly
>your literal cold hard cash
>blowing it all on tuition
>even though federal loans exist
>federal loans that aren't secured by literally anything
>federal loans that can be deferred in perpetuity by taking classes years down the road
>federal loans that can't be taken from your assets or estate, only garnished from W2 income which can be prevented if they're deferred
>free money and free education you'll never need to pay a nickle on.
You're even dumber than the redditor. If you took student loans out that's FREE tuition, and you can take $16k additional for ""living expenses"", a literal blank check that can be spent how you wish. Do the math dipshit. $16k x 4 = $64,000. If you invested it and the 100k, you'd have a conservative $200k. With your genius plan, you have absolutely nothing. Debt doesn't matter if it's not secured and you know what you're doing. That's enough for a house. You're brain dead and should kill yourself for being such a cuck. Imagine burning $100k for 4 years of nothing for a piece of paper that gets you a job that will let you save that much over 4 plus years only to be back to where you were in the first place. Eight years. Eight fucking years of your life for nothing. If you had a brain and did the smart move you'd have that $272,000 from initial principle the 100k of work income saved. Eight years. $372,000 at the very least. Probably more because you make better decisions when you actually have money. Enjoy squandering your wealth in an avoidable situation because you think the debt is le bad. Yes it's undischarable, but it's also uncollectable. You deserve to suffer. You're like the idiots who actually try to pay off their student loans. You were never made for greatness. Go revel in your mediocrity, low IQ NPC scum.

>>51721209
I got permabanned for literally just saying YWNBAW to a tranny. No warning or nkthing, just instant perma ban

>>51720700
Easy come, easy go

>>51731033
that poster was responding to how that zoomer could recover $100,000, not that he would spend $100,000 on an undergraduate degree; it doesn't even cost that much you unimaginably retarded schizo

>>51720877
Buy an old car and fix it up. You can make serious money on restoring classics and selling them, even just detailing can be enough.
t. used to buy a lot of old Euro cars, cleaned them up and then sold them

>>51731163
$20k a year tuition.
x4 = 80k

It basically does.

>>51728268
Same but in strip clubs and escorts this year. It’ll take me a couple of months to recoup the losses (mostly because I also have a nose job pending) but ultimately I did have fun so meh.

>>51730722
This is one of the few CeDeFis that has adequate liquidity and superior protection. It makes sense that major players will invest in the platform.

>>51731186
out of state
in-state is like $10k per year

>>51720630
lol you faggots get what you deserve for not learning a skill

>>51720842
fucking hate zoomers.
and fuck tik tok for making it even worse. you fucking loser of a generation.
my cousins are dumb AF too, don't know how to do a lot of shit. just on their fucking phones all day playing games and tik tok.

>>51731396
$40k you didn't need to spend or pay for.

>>51720877
the exact opposite trades