/biz/ - Business & Finance

>>53782920
Where did it go

>>53782989
Hodling

>>53783092
this

didn't even buy a house cause I thought the housing market was gonna crash
fuck you biz

>>53782920
everyone here will be a millionare when LINK goes back to 60$

>>53783114
the dollar sign goes before the number
$60

>>53782920
I was a millionaire 3 times in one month
1.4MM wasn't enough and now I'm left with ~$15k kek

>>53782920
I feel that. I was a millionaire for a couple months and I felt untouchable
Now I'm a normie with only 500k to my name

>>53783146
Ok you fucked up a lot worse than me then Holy crap dude

>>53783146
This is why none of you will make it.

>>53783155
>>53783272
>sold SHIB too early
>held BSC shitcoins too long
>got rugged after going to sleep like 6 different times

Being greedy sucks

don't think too much of it. $1,000,000 isn't a lot of money anymore.

>>53783421
Going off the gold standard and its consequences have been a disaster for the western man.

>>53783449
on the contrary it's been a boon for anyone that's taken advantage of the loose monetary policy. something like bitcoin would never had the incentive to arrive so early without it.

>>53783149
This is how I feel. I had a post tax NW of about $2.4MM at my peak and I felt superhuman. Down to about $800k and I feel impoverished. Regular tier savings for someone my age (40) and I haven’t been able to save money in over a year.

>>53782920
>>53783097
>>53783146
>>53783149
>>53784416
Holy shit if I get lucky around 100-200k I'm pulling out and placing it in stable long term dividends
> How do you guys do this

>>53783421

I would be pretty content with life if I managed to crack into that $5M-$10M band.

>>53784469
You say that now, but when you get to $200K greed takes over you and you keep holding.

>>53783123
>dollar sign
highest IQ on /biz/

>>53784519
I know I can only imagine but if some of my stocks like truff take off I'm pulling out asap. I've watched you guys long enough to know better.

>>53784544
>stocks like truff
hahahahhahahahahaha
ahahahahhaha lmao

>>53784694
Ok enlightenment me if your gonna laugh

>>53783146
Damn I hit 1.4m too but I managed to hold onto ~270k as of right now. Wtf happened

>>53782920
cant cash out crypto is a scam

>>53784987

>>53784487
it's where you can legitimately start to call someone wealthy, now that inflation has turned a couple million into dust.

>>53782920
iktf fren

didnt even buy a car, still riding a kmart bicycle. just gotta believe it can happen again even if it takes another 5-10years

at the end of the day its just numbers on a screen anyway and we dont take any of it when we die

>>53783421
Is this world wide or just America?

>>53782920
>didn't buy $1mil worth of gold when you had $1mil in cash
Could have been a millionaire for a lot longer than a year fren.

>>53782920
I was a billionaire until my wallet got hacked last year.

>>53784987
You're fucking insane, crypto is scam yet I'm getting a cash back for every transaction on Utrust.

>>53784519
I've got a DiD wallet, i keep my assets there and forget about my worries.

>>53785182
worldwide. about 1% of all adults alive today are millionaires

>>53782920
Same here. I just want LINK to go back over $10 so I can have my comma back. I don't even care how long it takes to get to $100 after that. Only being worth six figures is driving me crazy.

>>53783421
1 BTC will be worth so much, god damn

>>53782920
That's nothing anon.
I had 10M and didn't sell.
Should I just neck myself for being such a retard and falling for the hodl meme?

>>53783421
54 million in the United States or the world? If it's the former, then yeah fucking right. If it's the latter then okay.

I don't care though. All I need to be set for good is $10 million. Any more money than that is meaningless. I don't need ridiculous amounts of money to be the richest guy in the world.

My ath (end of 2022) was 450k I didn’t sell and right now it’s about 190k. It fucking sucks but compared to some of you retards I’m doing ok I guess. I need 800k to quit slaving forever, everything under that isn’t worth cashing out. Obviously should at least try to time the market next time but fucking hell. I live like a broke student despite slaving full time. Tiny apartment, never eating out, public transport instead of car. I make 1700€ after tax here in taxrapistan so even my current portfolio is a fuckton considering my current income. But why would I buy a car? A sofa? A new computer? I want to quit, that’s fucking it. Good luck to you frens.

>>53785327
Yes you should. Nobody needs more than $10 million. That's a crazy amount of money. Any more than that and the only way to spend it is to show off how much of a rich asshole you are. $10 million generates enough income to allow anyone to buy and do anything he wants in life.

>>53785330
>>53785285
total 10 million+ is between 2-3 million depending on who you ask. possible if you've got a million dollars today, otherwise you'll have to gamble on new alts and make sure you don't baghold old ones down to nothing.

I was so close to 8 figs bros.
Why didn't I sell.

how much fiat did you guys put in to make your million?

>>53785230
That's why I hate CEX, it hurts to see it on biz. It reminds me of how much I've lost.

>>53785389
Are retards still using fiat?

>started with $20k in 2020 and hit $1.5m nov 2021 from KDA and FLUX
>pull out $150k to buy a car (retarded decision i know)
>portfolio crashed down to $50k at the bottom
>sold KDA for RLC
>portfolio now worth $85k
>going to sell car for ~$120k to reinvest into btc or all in rlc
couldve been much worse, if last bullrun i went from $20k to $1.5m lets see where ~$200k can take me

>>53785230
Not your keys not your coins. Self custody is the way forward, stick with identity management protocols.

>>53785435
did you swing trade or just put 10k into each of those alts and held for a year?

Former billionaire here. In ariary, yes, I once visited Madagascar.

I had 1.5MM at the top. now I have just 250k in an eth node. teh rest was LINK that i lost in celsius

>>53785455
i just held and accumulated, im too retarded to swing. just need to work on pulling out when in happy and not diamond handing for too long next time

you can do it again OP
believe in you
>risk management

>>53783421
This is why I can’t find a fucking nautilus to save my life

Learn to be happy with 10 dollars or you will never be happy even with 10 millions

The real peace is free anons, don’t sacrifice stuff you shouldn’t to get there

>>53782920
Im cashing out if my portfolio hits 500k. Greed be dammed. Easier to start again from a place of higher net worth.

>>53785412
End the hacks with simplifying the authentication process and say thanks to ORE

>>53782920

I had a $20k capital loss last year...

>>53785835
Wtf, how did that shit happen

>>53783146
why did u not at least cash out 100k anon

>>53786109
Faggots are greedy. Better off holding for long-term.

>>53785835
same bro. same number

>>53785389
4k

>>53785527
ty fren, yes I know I will

>>53785387
you believed his lies

>>53786076

Had to dump my Russian stocks before they were frozen.

I was able to get out of my oil and gas stocks, but the telecommunications stock was frozen 3 days beforehand, so I couldn't sell it at all. Now it's delisted and it's stock ID is just a bunch of numbers.

>>53786378

It really hurt at the time. But, I've learned from it and it definitely was a learning experience for me.

>>53785493
And I've been holding LINK and ORE?

>>53786552
>4k
Shit thats about what I'm going to have to invest over the next 6 months. I have 1500 in now that I'm using to swing trade a low cap alt to try and accoomulate since I'm fiat challenged.

>>53783421
Shut the fuck up you complete retard. If you don't think $1 mil is a lot, you don't understand money or bills or the sort of risk taking that sort of money facilitates.

>>53787450
Only poor brat will feel the way you do

>>53786109
I prefer a long-term hold to cubb my greed and ID management project is worth buying.

>>53787450
it's objectively a fraction of what it was 30-50 years ago when "millionaire" meant something. over 60 million millionaires means it's a wealth level that's only worth talking about if you live in a brown county.

>>53783146
Same but i've 40K left and my ATH was 1.1m

I'm still hopeful i can get to 5M by 2025, But it'll be tough

>>53788219
as long as you don't hold the same alts. a <5x or better is likely on the cards next cycle for bitcoin and ethereum, and new alts will outperform but old alts rarely reach the same levels even in dollar terms.

>>53785493
bet u felt pretty smug as u earned that sweet % on celsius

>>53782920
Question for millionaire anons. How did you start out? Can you tell me your chain of events going from nothing to being a millionaire.

>>53782920
Same
Down to $50k currently and looking for a job

>>53786552
How did you turn 4k into a million? What were your plays and how long?

How much do you have now to invest? What's your plan?

>>53783146
XD
Retard

>>53788219
How in the fuck do you plan on getting to 5m? Genuinely asking to learn

>>53782920
same. Had a girl i was dating for that time period too. When everything dumped she left me my car motor blew up and i had to spend my savings to fix it.

>>53788171
There’s a difference between being a “fake millionaire” on paper (this is your net worth including retirement accounts and the Zillow price of your home…this is a fake millionaire. A real millionaire has a million or more in liquid assets post tax. Not including retirement account or house value. Any faggot can buy a 1 million dollar home with 20% down and pretend to be a millionaire. That’s a fake millionaire

>>53784737
>enlightenment me

>>53784519
Happened to me at 100-150k, I just held, and now I'm at <30k and regretting every day of existence while praying for it to go up

>>53791699
What are you holding