[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 20 KB, 513x324, IMG_4777.jpg [View same] [iqdb] [saucenao] [google]
57251623 No.57251623 [Reply] [Original]

I have 500k how do I make it? Are you guys actually just gambling on crypto I dont get it

>> No.57251659
File: 189 KB, 486x602, 1696054117562748.png [View same] [iqdb] [saucenao] [google]
57251659

>>57251623
50% BTC 50% XRP

>> No.57251683

>>57251623
I just bought BTC in the late 2022 dip and have been holding ever since. Doing the opposite of what most people do is probably a good idea.

>> No.57251724

>>57251623
you missed your chance. the somewhat low 2022 prices are long gone and even longere gone are those prices of the days before.

>> No.57251746

>>57251623
Crypto is a good shot but its not the only way. That said my entire NW has been in crypto for 6 years.

>> No.57251774

But 193 Eth, then sell when eth passes its all time high. You'll make an easy 3 to 4x but I know you won't do it. Coinbase.

>> No.57251788

>>57251623
Retard alert. You don't even have to gamble it will just take a little longer. Assuming even just 7% boomer stock market gains
>year 1
>500k to 535k
>year 2
>535k to 572k
>year 3
>572k to 612k
>year 4
>612k to 654k
>year 5
>700k
>repeat repeat, or get even better gains from crypto
Let's say in addition you have a decent job and save 20k per year. 5 years @ 7% return boomer stocks you can add 114k, so 814k. Well on the way to making it. Of course you didn't already know this so you're probably not smart enough to make it.

>> No.57251789

>>57251623
>litecoin $2k EOY

>> No.57251797

>>57251774
Buy

>> No.57251799
File: 37 KB, 743x570, aa0874bca4bc200f5e74d08da61ddc38.jpg [View same] [iqdb] [saucenao] [google]
57251799

>duhhhhhhhhhhhh doyyyyyy derrrrrr duhhhhhhh I have 500k btw wat do duhhhhhh

>> No.57251870
File: 225 KB, 612x394, 1704909842237929.png [View same] [iqdb] [saucenao] [google]
57251870

>>57251774
>>57251746
How do you analyze with accuracy if a coin is gonna return? How do you know when is the best time to buy?
>>57251788
I have no income right now but am close to graduating with an engineering degree so hoping I can make close to 6 figures. I think I will probably invest like 75% boomer 20% crypto and elsewhere and then save 5% for just liquid funds. luckily I own two properties and a new car as well

>> No.57251899

>>57251870
Fuck boomer stock you tard
Buy 50% BTC and 50% ETH
Wait 1-2 years and at new ath for easy 2-3x

>> No.57251905

>>57251799
Uwheheh

>> No.57251907

>>57251623
Go all in on a low cap altcoin.
Everyone here does it

>> No.57251926

>>57251899
forget about ETH, it was replaced by Avalanche. so AVAX it is

>> No.57251939

>>57251623
I'm literally in the same position as you OP. Analysis paralysis is real. At this point one small step could either make you or break you. It gets really precarious. This is what they mean by 6 figure hell.

>> No.57251944

>>57251926
Fuck off avaxx roach

>> No.57251970

>>57251939
>make you or break you
thats why I'm thinking I will invest a majority in secure stocks through a broker and then do degen crytpo gambling and day trading with maybe 50k until I make it

>> No.57252011
File: 73 KB, 543x758, Ethereum ramming Vitaliks Head Full steam ahead anno 2021 colorized.jpg [View same] [iqdb] [saucenao] [google]
57252011

>>57251944
Wanna know the true Value of 1 ETH? its $10.
thats the Price before the EEA announcement in early 2017 and this is what actually attracted all that Liquidity into Ethereum.
Basically the financial industry coming out and saying they will support and develop for the EVM, that was the reason for the high ETH value and the massive pumps.
Now what happened next is that Ethereum developers couldnt deliver the scale that was promised and after some years the Ethereum Enterprise Alliance began looking for better Solutions and they found that in Avalanche and its Subnets.
Now the EEA is shifting to Avalanche instead and they are building all the RWA products that everyone imagined for Ethereum on Avalanche. All the RWA trillions go into Avalanche!
JPM (leader of the EEA) said Ethereum is dissapointing and now they hype AVAX.
There is literally nothing they need Ethereum for, the support for the EVM is drying up too as it became clear that its possible to build high performance VMs on Avalanche.
So yeah Ethereum is over but you still have the chance to swap your ETH into AVAX and make it.

you can literally not refute any of this without seething and shitting yourself in bagholder rage.

>> No.57252408

>>57251870
I've worked for crypto exchanges the past 6 years that I've been holding so I have a deep understanding of the ecosystem and tech. As for when the best time to buy is, I just wait until the market is in the total assblasted annihilation part of the cycle. Then I use a ladder out sell strategy as it climbs again. Find something you like and trust and gauge on a case by case basis if it seems overvalued.

>> No.57252431

It's not gambling if you have a statistical edge. So yes, most of /biz/ is gambling.

>> No.57252496

If I had that much money, I'd put 400k into DSX and live off the dividends.

>> No.57252514

>>57251623
crypto can easily turn your $500k into $0. keep that in mind.

>> No.57252526

>>57251870
>get handed a bunch of free shit in life
>it's not enough :((( i still have to put in effort...
you could always suicide

>> No.57253172

>>57252431
/biz/ is mostly gamblers who think they have a statistical edge.

>> No.57253184

Why are you laying in bed moping about $500k? Just buy a house and stay out of crypto (unless you just go into btc/eth/sol). Gain equity overtime and you'll be rich.

>> No.57253201

Gambling? No. Making edge bets where I have alpha? Yes.

Blackjack is gambling. Counting cards isn’t gambling.

Find an edge, make money.

>> No.57253204

>>57252514
Yes, he needs to own bitcoin

>> No.57253211

>>57253184
Because we want to be rich when we’re 35 not when we’re 65

>> No.57253228

>>57251623
You've already made it retard. $500k in a savings account gets you $25k a year for doing absolutely nothing with absolutely zero risk.

>> No.57253236

>>57252011
hardest cope i've ever seen lmao

>> No.57253251
File: 5 KB, 150x200, 1696907976871625s.jpg [View same] [iqdb] [saucenao] [google]
57253251

>>57251683
Hold your horses, don't go all in on Bitcoin, I'm telling you. It's a new year, and this lazy move of not DYOR is a red flag. Let's kick that laziness to the curb and dive into the buzzworthy world of Account Abstraction projects. Smart your investment games.

>> No.57253258

>>57251623

buy lambo

buy trailer home

>> No.57253267

>>57251926
>>57252011
hello AVAX shills

>called avalanche
>red
>eth replica
>exploited
>double spends
>ghost chain
>astroturfing
>fake partnerships
>Muslim team
>high inflation like the Turkish Lira
>outages
>scandals after scandals
>eth levels of gas fees

https://cryptoleaks.info/case-no-3
https://cryptoleaks.info/case-no-5
https://cryptoleaks.info/case-no-6
https://cryptoleaks.info/case-no-7
https://cryptoleaks.info/case-no-8

Every AVAX shill is a grassroots community marketer who gets paid in AVAX to do it. They reply to themselves with different IDs and create lots of fake interest and discussion. If you browse /biz/ for a few days you'll see how inorganic all of this is. Their objective is to make you buy AVAX, hold it and maybe even stake it (for a negative inflation adjusted yield, which they will lie about). They will manipulate you with hope, technojargon, AI waifus and dreams of riches while getting paid by higher-ups who slowly dump on retail with the tokens they created for themselves for free. Go look at EOSETH chart and read about the history of EOS. This is the exact same scam all over again for newfags like you who don't know how this works. Don't fall for it, they are masters at manipulating.

>> No.57253279

>>57251623
That's 500 $1000 spins in the shitcoin casino or 50 $10000 spinsif you want to be a swinging whale manipulater

>> No.57253282

>>57253211
Well, ok, fine, then yes you'll still have to gamble to "make it" when young like that. Best move for OP would be to go all-in on either SOL ($500k would net him 5k SOL) or if he's feeling more degen, then all-in on INJ (INJ still has a solid 10x left considering hype+fantastic tokenomics+AI label).

>> No.57253287
File: 159 KB, 815x471, miners roi.png [View same] [iqdb] [saucenao] [google]
57253287

>>57253228
What are you smoking?
I have 400k€ im from spain, and I no income as well.

There is nothing that can give you that yield for no risk. Im making like 0.31% a month at current €STR rate from monetary funds, thats as close as no risk you can get. Im not getting rich from that shit.

Im considering going all in on MSTR as a leveraged play on BTC and hope hype can at least 2x, ideally 3x, THEN im fucking retirying on divvie paying ETF. Until then, I Need that 2x to 3x. And no, wagging is not an option cucklordo.
>HOW DID YOU GET THAT MONEY LARPIEEE

I lucked out and made money online, now im early 30's and have no fucking income. Fuck off now let's roll, where's the decent 2x at? And im not fucking buying Shitcoins. Banks block transactions, let alone that big. So I need Bitcoin proxies. Miner stocks are too fucking volatile. Options are retarded gambling. I don't see any way out form 6 figure planet hell than get into Saylor's ship and ride into the 3x sunset. Can MSTR hit 1200? What if the FED is lying again as 100% of times about a soft landing and we crash and im all in on the stock ? FUCKING hell. Not knowing the future is a certified scam. But I have to take risks. Im a few clicks away from making it. The recent streak of bad luck has to be reverted. I YOLO and make it, I can feel it. I have to do it. Mind over matter. Let's fucking roll.

>> No.57253296

>>57253287
Savings accounts are at 5.35% now here in the first world.
>https://www.bankrate.com/banking/savings/rates/

>> No.57253302

>>57251623
All in the BTC ETFs tomorrow

>> No.57253306
File: 677 KB, 800x450, american dream.png [View same] [iqdb] [saucenao] [google]
57253306

>>57253296
Accounting for cost of living and bankruptcy if you need to go to the hospital and other unexpected events I would say you haven't made it with that yield on that capital.

>> No.57253311

>>57251623
> How do I make it?

For me, it's by going ALL-IN on KNS. It's either make or break for me. This is my last rodeo.

>> No.57253512

>>57251623
Dump it on BTC as we anticipate the future of diamond ownership TNFTs, jump on the KimberLite ecosystem and also participate in the ongoing zealy campaign to be richer in KIMBER

>> No.57253540

>>57253311
Checked

Same boat anon. KNS or bust. Been here since 2017.

>> No.57254896

>>57251623
It's not gambling if you learn and read how to trade. Even degen trading can be learned. It's still a gamble. But an educated gamble with good risk management.

Anyway go all in on kns and habe your own jetplane by the end of this year inshallah. Just saying.

>> No.57254926

>>57253311
>>57253540
Hi, comrades. We should start our own telegram or discord channel for those who went all in on this possible unicorn. Glad I'm not the only one.

>> No.57255993

>>57251659
XRP? That's how you're going to remain poor.

>>57251899
Chad spotted! ETH will even make more than 2-3x in that time frame. You could stake your ETH and forget about withdrawing until ETH is 20k.

>> No.57256261

>>57251746
New way of saying #NFA. Love it. Hehe

>>57251870
Seems like you've got your whole life figured out already.

>> No.57256325
File: 122 KB, 550x984, rr17-15 - Copy.jpg [View same] [iqdb] [saucenao] [google]
57256325

>>57251623
>I have 500k
Do not take advice from /biz/tards. Get a real financial planner. You're set for life, don't blow it.

>> No.57256395

>>57251623
If you really have 500k you already made it fren, its just time in market now.
If you try and trade, you will be broke, avoid.

>> No.57256410

>>57251788
This anon is talking sense.
You go in the s&p
>>57251774
Or you go in eth or btc

Thats it.

>> No.57256422

>>57253287
Fideum

>> No.57256495

>>57251623
Get your ass into crypto payment solution providers after BTC, ETH, DOT, ATOM. I'm talking about BNB, CRO and XTP.

>> No.57256502

>>57255993
Is staking really worth it? More risks and yields are almost negligible. Don't recommend anyone going down that route

>> No.57256501

>>57251623
Just do the same thing again you did to make the 500k?

>> No.57256513

>>57251623
Pretty much
I turned 100$ into 10k
then lost 5k to a scam
Put the 5k$ into whatever shitcoins /biz/ recommends that'll probably rug

Welcome to DEFI

>> No.57256533

>>57256395
You do not make it until you turn that into 100x.

>> No.57256698

>>57251623
$400k S&P 500
$100k BTC and ETH

You’ll be able to retire in 10 years but you won’t live rich.

Or go all in on crypto and either make a few million in this bull run or lose it all.

>> No.57256982

>>57251623
Buy SUI anon, create content and Monetize your platform on hydro online or better still run a publisher node. This is no gambling dickhead.

>> No.57256991

>>57253287
Are you the youtube anon?

>> No.57257145

>>57256502
What are the risks of staking? If you're staking your ETH on a non-custodial Defi yield aggregator like SpoolFi, security of assets wouldn't be an issue at all plus yields are optimized, so your time on it will be totally worth it.

>> No.57258206

>>57256513
>I turned 100$ into 10k
>then lost 5k to a scam
That's how you identify congenital retards these days; happy to wallow in foolishness.

>> No.57258527

>>57251623
Follow the whales in every aspect of your life.

>> No.57259746

>>57257145
How much are these yields?

>> No.57259933

>>57256325
>>57256395

What teh fuck are you talking

This may be the case if you are a waggie, we have no income and are too tired to waggie in mcdonalds or go to school on our 30s

Im literally a 3x away from making it, I dont want to "make it" when 65

FUCK

>> No.57260284

>>57251623
If you got a bunch of cash and don't want to deal with it for the next couple of months consider placing your money in a CD with a bank. I've seen some banks offer 5% for anywhere from 6 to 12 month CDs.
It's not great but at 500k it's decent cash if you just want to place it somewhere and forget about it for a while.

>> No.57260306

>>57258206
then what is ultimately making $100 into $5k

>> No.57260971

>>57259746
There are several pools with their own APRs but ranging between 4-5%. There's a mega pool that'll be launched by StakingRewards for srETH soon that'll probably have the highest yields in LSDFi.
Watch that space if you're big on ETH liquid staking.

>> No.57261020

>>57251623
Sports betting like a real man

>> No.57262087
File: 261 KB, 1280x720, 1611956586244.jpg [View same] [iqdb] [saucenao] [google]
57262087

>>57256325
I talked with one but biz niggas are acting like 1 million is the new 100k and that you haven't made it until you have at least like 3 mil. I wanna be able to retire young and travel not wait until im 65

>> No.57262109

>>57256395
big if true thank you anons for the realistic advice, I saw the btc etf bullshit and I was this close to going all in because I've been saying for years I was going to invest and it just keeps going up

>> No.57262132

>>57251907
how low is low

>> No.57262202
File: 122 KB, 1920x969, burninginanelevator.jpg [View same] [iqdb] [saucenao] [google]
57262202

>>57256698
over under on few mil vs losing it all if I 50/50 into btc and eth? what were the perfect storm factors that let to btc mooning in the first place?

>> No.57262216

>>57260971
Yield might be too good to be true. You know the space has been infiltrated by lots of thrash lately.

>> No.57263607

>>57256495
Who's still buying DOT now? Lol

>>57256501
He stole it from poor retirements

>> No.57263841
File: 18 KB, 480x534, 1507258590461.jpg [View same] [iqdb] [saucenao] [google]
57263841

>>57251623
Dude. Just pay $5 and go to BowTiedBull substack and follow his playbook. Gambling all $500k on shitcoins is retard behaviour. You need to manage risk DEPENDING on your age.

I'm 40 with a net worth of 3MM. Yes I am poorfag compared to everyone here, but I have 3 kids and a wife. I have about $400k in crypto. 70% ETH / 10% BTC / 20% STX. My stx is risk free because I sold half on a double and put it into BTC / ETH.

If you are 20 somethhing with that cash, I would go all in on ETH / BTC. Its here to stay and both will outperform Stock Indexes for the next 4-5 years.

I don't stake so I can't comment on that, but the BowTiedBull substack shows how you can navigate that depending on your risk level.

You are set bro. DO NOT GAMBLE ON SHIT COINS NOW!!!!!!

>> No.57263905

>>57253287
Jesus dude. Just buy US treasuries direct. Plenty of EU-fags own these. You missed the boat a little, but a 10 year is still 4% YOY. Short terms even better. All the rich chads loaded up on the 20 year 5.9% treasury (holy moly that was sweet once in a lifetime opportunity).

>> No.57263936

>>57251623
yea invest that into bitcoin. Watch it grow to 1 million. then start a youtube channel to sell your investment tactics for the jew cash.

>> No.57264167 [DELETED] 

>>57251659
Tbh, I've got some upcoming gems chuds can't do without and RIPCHM is top on my list. It's running the Solana Memecoin world.

>> No.57264213

>>57251659
Tbh BTC aside, I've got some upcoming gems chuds can't do without and LUNAM is top on my list. The world's 1st EngagetoEarn NFT-integrated ProofofAttention IDO launchpad for the web3 Attention economy, is your best bet to getting new gems

>> No.57264440

>>57251659
Tbh, I've got some upcoming gems chuds can't do without and EVEX is top on the list. The EVEX presale is on, I look forward to the journey of a novel and distinctive NFT and utility token ecosystem

>> No.57264499

>>57263607
How

>> No.57264565

>>57251623
Swimming inside the well of OGBX could be the biggest mover, imagine benefiting from its Proof-of-Attention model.

>> No.57264597

>>57261020
How about Funarcade, a platform designed to enhance the gaming experience for casino enthusiasts across the globe.

>> No.57264624

>>57261020
How about Funarcade, a platform designed to enhance the gaming experience for casino enthusiasts across the globe. FAT token launching on Kommunitas, spores and gagarin will be

>> No.57264656

>>57262216
Team is solid plus srETH is just being introduced into the LSDFi; I don't think they'll want to make a poor first impression plus SpoolFi wouldn't want to get their reputation smeared for any reasons; so I'm pretty sure this is legit to a large extent.

>> No.57264712

>>57251788
Sound like hell on earth, Imagine ever being a scared money

>> No.57265103

>>57263607
I don't waste money on old baggages, I stick to promising projects like EventsX as it launches EVEX on Fjord Foundry's Curated Pool.

>> No.57265313

>>57256325
TBOB is a better option when it comes to trading signals. Imagine BOBNET Bot called MERLIN And it pumped 300% within 3hrs.

>> No.57265342

>>57260306
KimberLite, thank you. Say goodbye to high fees with each token swap, and welcome streamlined, cost-efficient trading with KIMBER

>> No.57265554

>>57256325
Only actually advice in this thread. Biz is the dumbest board. Bunch of incels with no real life experience.

>> No.57265995

>>57251659
>50% XRP
Flip those XRP for QANX, SEI, and TIA. Or have fun staying poor. Kek.

>> No.57266127

>>57265554
you say that, but i'm rich in my late 20s because i gambled on crypto, so i guess your life experience just sucks lol

>> No.57266153

>>57266127

why the fuck are you here and not out living life rich boy? What kind of faggot with money wastes his time on here?

>> No.57266268
File: 20 KB, 334x346, 1622601919637.jpg [View same] [iqdb] [saucenao] [google]
57266268

>>57251623
I started doing marketing for viralx, now i pump my own tokens on social media while earning tokens from said pumps. Easiest way to print money rn

>> No.57266327
File: 40 KB, 493x675, roncero.jpg [View same] [iqdb] [saucenao] [google]
57266327

>>57263905
How the fuck do you buy these as an EU citizen?
Also UStarded treasuries involve currency risk because you are dealing in USD, and involve double taxation shit so you have to file up the w8ben shit and im not sure if there is like a max 15% you can avoid not double paying or some shit along the lines. I remember talking about t-bills with some people here and most concluded that the extra yield you make from the US shit compared to the lagging EU bonds is lost in translation.

>> No.57266532

>>57256982
I'm already on that grind with QANX. Devs are gobbling up this gem for the insane gains, not to mention the recent 30% token burn. It's going to be a feast, Anon.

>> No.57266546

>>57251659
XRP is closest thing to a guaranteed long term play in crypto , if you want gains short term buy other shit

>> No.57266617
File: 199 KB, 1170x774, IMG_0989.jpg [View same] [iqdb] [saucenao] [google]
57266617

lads how do i unironically start learning about investing in stocks and crypto independently? i lurk biz but i just dont know what the fuck is being discussed half the time

>> No.57268340

>>57251623
people made it before crypto existed

>> No.57269113

>>57251623
You don't need to gamble it if you are not sure what you're doing. Make sure to buy some BTC and put your money into a secure DeFi protocol. Get much better yields than banks and keep compounding

>> No.57269283

>>57269113
yeah fuck CEXs. Not secure, shitty APYs. Aave, Curve, Compound or Spool should be the choice. For newbies Spool is by far the easiest and most efficient

>> No.57269343

>>57253287
Get an offshore bank that will let you do what you want with your money, legally. There is nothing illegal about buying crypto afaik in euroland

>> No.57269358

>>57256502
If your goal is swinging the cycle high and slurping the low, staking is definitely a midwit trap. But if it's to HODL longterm, no reason not to.

>> No.57269366

tg EPluribusAnusVerify

- 97% Supply in Initial LP (3% for airdrop purposes only)
- LP Locked
- Known Founder
- Revoked Ownership
- Fair Launch
- 660k subreddit members

Ape like a mfer at the bottom, 100x potential.
Strong narrative from a huge tv show
These is a lot of content already out on it, expecting a degen meme run. DYOR

>> No.57269392

>>57269283
As someone balls deep in extracting yield from DeFi as securely as possible, even the biggest protocols have been exploited in the past, not catastrophically but still. Caution is advised

>> No.57269903
File: 367 KB, 735x1088, litecoin_hatman.jpg [View same] [iqdb] [saucenao] [google]
57269903

>>57251623
since you missed BTC dips, litecoin is your last chance

>> No.57270099

>>57251623
Look for the one that has a working product, like Tap Fintech. XTP is the utility token, and I'm grabbing it while I can before it takes off, with two major events on the horizon: the US launch and a well-known CEX listing. NFA.

>> No.57270196

>>57268340
People will continue to make it with crypto, not forgetting Adlunam's Engage-To-Earn principle and how it's really gotten bags filled.

>> No.57270311

>>57256982
I'm already pushing towards EVEX as the presale is ongoing on Fjord Foundry. All I have to do is Purchase EVEX with ETH , Events on the Bitcoin Network and participate to Earn BRC20 tokens

>> No.57270352

>>57269903
Too late. I've slurped bags of RIPCHM after showing positive signs of BONK, I'm ready for the mega bull season.

>> No.57270994

>>57270352
Swap out your shitcoins for DUA tokens, so you can chill and sleep better. Memecoins might die if BTC hits 30k anon.

>> No.57272184

>>57251623
I'm not more buying atm. I'm waiting for Supra Oracles TGE and listing.

>> No.57272253

I have 500 how do I make it?