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/biz/ - Business & Finance


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7960735 No.7960735 [Reply] [Original]

>he keeps more than 10% of his capital in crypto currency

>> No.7960749
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7960749

>he keeps more than 0% of his money in fiat

>> No.7960820

>>7960749

>stocks
>fiat

>> No.7960928

>tfw at a point in my life where I have the most amount of money available to me so far and its all in crypto

I'm gonna make it brahs, I don't expect to buy a lambo next year, but I won't stress about missing my car payment, not being able to afford preschool for my baby, or being late on my credit card and waiting until next paycheck to eat the late fees.

I'm surrounded by people who cant manage their money, they live paycheck to paycheck to live outside their means. I won't do it, I look at my portfolio and I see hope. The measly 5k I've been able to put in, my life savings pretty much. It lets me know I'm not a complete fuck up,

>> No.7960997

>>7960928
We're in the same boat brother. Currently 7k USD invested and I'm confident that it will reach 6 figures due to my two investments. I'm tired of wagecuckery and hopefully I get enough money in crypto where I can afford graduate school. We're going to make it

>> No.7961051
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7961051

>>7960735

>he doesn't keep 100% of his capital in crypto currency

>> No.7961060

>>7960749
fpbp

>> No.7961074

>>7960820

Haha wat the fuck are you on about you basket weaving major cuckold?

>> No.7961146

>>7961074

7% gains every year is more /comfy/ than very likely losing everything when the bubble bursts. Keep in mind I am invested in crypto, have 20k worth of fiat in it

>> No.7961184

>>7960928
Retard, you have a baby don't be a gambler.

>> No.7961296

>>7961146

> looking at BTC/USD like stocks

You're a dense one. It's a shame you're the boomer that shit talked btc at $5, while people like me bought it up like candy.

Now when crypto takes a shit, I be measuring those sats n be smokin that grass knowing I ain't gotta stress.

Sad really. Go back to basket weaving faggot, while talking bragging about your ~ 2 BTC and fucking 7% return.

Ahahahahaaha. It's always good to know that if btc goes down to $100 or even $6 I'm fucking balling.

AHAHAHAHAHAHHAAHAHAH!!!!!! CAUSE I GOT GOLD TOO.

AHAHHAAHAHAHAHH FUCKING BOOMER FAGGOT

>> No.7961316

>>7961146

HOW ARE YOUR BONDS DOING!?!?!???!

AHAHAHHAHAHHAAH

>> No.7961353
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7961353

>>7961316
>>7961296
absolute madman!!

>> No.7961360
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7961360

>>7960735
>he doesn't

>> No.7961363
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7961363

>>7961146

>> No.7961365

>>7960735
>he keeps more than 0% of his capital in crypto
What is this, June 2017?

>> No.7961389
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7961389

>>7960749
FPBP

>> No.7961400

>>7961184

I could lose it all today and yeah, it would really suck, I would be so mad, and so depressed, but life goes on. Don't get me wrong, I'm not overextended into this, but I put in what I can in hopes it will grow.

>> No.7961421

>>7961316
Bonds are rising in value because of the expectation of interest rates this year.
He’s right though. Once you make a lot of money you want to protect it. Volatility is great if you need big multiples. But it goes both ways. I took my crypto money to the stock market in december. Daily movement in my portfolio is like 1%, comfy as fuck. I don’t wake up to double digit movement every morning

>> No.7961432

>>7961146
>Stocks

Biggest meme ever, coming from someone in finance. If you want stable returns, go with bonds. If you want risk and high returns, go with crypto. Stocks have shit returns with an undeserved amount of risk.

>> No.7961525

>>7960749
>he has 0% expenses
wish I was 15 too

>> No.7961543

Kind of just happened crypto is like 80% cash 20%

>> No.7961544

>>7961421

Ya bonds are on the rise and is actually a concern, not something to be actually excited about.

Crypto -> metals -> stocks

You actually should have taken a percentage out of crypto to go to metals n then wait till stocks crash n buy the dip.

You have multiple bubbles that are 18 years old and you move your crypto into it!?!?!?

I've lost my shit. My sides are in orbit.

Thanks for a good laugh.

> bought pally at $900 last year
> bought gold at ~ 1.2k last year

>> No.7961567
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7961567

>>7961432
>from finance
>go with bonds
calm down there gramps

>> No.7961582

>>7961432
The bull run of the last several years has been glorious. Low risk, great returns. But it feels like it's coming to a close, so I'm inclined to agree with you. Cashed out of all my stocks, bought a house. Still have a few options contracts open & I'll keep trading in my retirement accounts but other than that meh.

>> No.7961606

>>7960735

If you are under 30 and don't have at least 25% of your total assets in crypto you are N E V E R gonna make it

>> No.7961656

>>7961582

House is a bubble Gramps. Come on.

>> No.7961723

>>7961656

Everyone needs a place to live, if you have the cash for a house why not? Live in it and sell it when you're ready to move or give it to your kids when you die.

Renting is a bigger trap than the current housing market imo.

>> No.7961758

>>7961723

But people will pay their cell first.

>> No.7961777

>>7961146
>7% gains a year
chuckled desu

>> No.7961861

>>7961777

Does /biz/ even know the concept of risk. Kek

If you put nearly all your capital into digital pixie dust that has shown 0 real utility so far, you are a simply a brainlet

>> No.7961947

>>7961146
>7%

Jesus dude at least invest in a high growth ETF.

>> No.7962090

>>7961861
See
>>7961432
It doesn't mean you can't own any but they are serious shit.

>> No.7962136

>>7960928
i hope you’re larping nigger. do whatever it takes to take care of your baby. fuck all the other shit but legit don’t be a nigger when it comes to your kid

>> No.7962470

>>7960735
It was less than 10% when I put it in though. ;)