[ 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: 2.18 MB, 4240x2832, cammy_white.jpg [View same] [iqdb] [saucenao] [google]
11100916 No.11100916 [Reply] [Original]

has anyone on this board ever made a significant amount investing crypto? no memes please.

>> No.11100951

anyone sane investing in 16-17 and didnt cash out atleast high 6 figures last december should offthemselves.
although many did and left and didnt came back

>> No.11100964
File: 5 KB, 250x182, 1440720585257s.jpg [View same] [iqdb] [saucenao] [google]
11100964

>>11100951
>although many did and left and didnt came back
temporarily.

>> No.11100987

21 here. I turned 8k into whats now 40k. had over 100k twice but was too dumb too sell. pretty much liquidated all of it, the easy money is long gone and anyone who wants bitcoin has got some of it already.

>> No.11101001

>>11100916
Doubled my money. Took out princple now playing with the "house" money.

>> No.11101017

>>11100916
Hundreds of thousands, but I had over 1M back in January.

>> No.11101038

Braaaap

>> No.11101063

I use(d) cryptos for its intended purpose, transactions, but had quite a bit of it go up while doing so. Also bought ripple and eth for like 30x gains. So I was probably up a few hundred k and have cashed out way over a profit. But obviously since then those high profits have gone down quite a bit too.

>> No.11101072

>>11100916
I'm gonna plug that ass with my dick. No way she'll be able to brap then.

>> No.11101098

Not really, I came in 2017 and was a poorfag, I could've made like $100k on average if I didn't trade, but that's still poorfag level so I decided to learn trading. I actually became decent but now the market is dead for medium-long term trades so I cashed out with like 25% profit over a year. It's some JUST level shit but at least I didn't lose money. I could learn bitmex but it looks boring as fuck

>> No.11101102

>>11101017
You could have lived without working with that one million for rest of your life. Idiot

>> No.11101143

>>11100916
every single person who bought crypto and held it for a couple years is ecstatic about their decision

that'll even be true for the people who bought at 20k by end of next year, they'll have minimum 5x

literally the only thign you can do to fuck this up is (1) not buy, or (2) sell

>> No.11101167

>>11101102
no chance if you're not living in an absolute shithole country. i cashed out 200k$ in december which i can live off for a couple years, but to never have to work again ever? maybe 5-10 million

>> No.11101190

>>11101143
we will need another 30 months atleast for a new ATH

>> No.11101212

>>11101167
You just put it to stocks and live with annual 30k profit.

>> No.11101219
File: 94 KB, 645x773, 1518358854939.jpg [View same] [iqdb] [saucenao] [google]
11101219

>>11100916
>imagine the smell

>> No.11101239

turned 10k into 21k. could have been 41k at peak but i was stupid.

>> No.11101296

>>11101001
Similar.
I cashed out about 3x my initial investment and I'm still playing with 4x that i have in crypto still.

>> No.11101307

>>11101296
My 3k investment hit about 80k so it feels shitty.

>> No.11101321

>>11101190
>we will need another 30 months atleast for a new ATH
no way. new ath will happen b4 eoy 2019 easily

>> No.11101331

>>11101321
lmao

>> No.11101347

>>11100916
Yes, but only me. Everyone else is a larper. Currently out in Japan living off crypto gains. I spend my days sipping bubble tea while watching Mt. Fuji from my multi-million pound condo.

My secret you ask? Invest in Link.

See you at the top, Anon. ;)

>> No.11101358

Initial around $10k, cashed out around $40k last year and still have $20k sitting in chainlink. Could have had $160k at peak of the bubble but at least all my expenses have been covered. Have to go back to work for a year or so until we bubble again, want to invest more and not be retarded this time.

>> No.11101603

>>11101296
Same here. If by "playing with house money" you mean holding through the ethereum freefall.
H-heh nice play.

>> No.11101706

>>11101212
Are you a nigger? 30K? Wtf.

>> No.11101773

>>11101102
Well how much did you make last year? I think half a million is still pretty good.

>> No.11101836
File: 93 KB, 300x233, 300px-Sam-hyde(1).png [View same] [iqdb] [saucenao] [google]
11101836

>>11101347
Ill be heading over there in december Christmas time to meet my gf, tell me wise crypto maniac what is the best things to do in Tokyo?

I am normally more comfortable in osaka because I spent 6months on student exchange but I'm lost in Tokyo.

>> No.11102153

>>11100951
>invested 4k USD in september last year
>worth 302k early this year
>didnt cash out
>worth 11k now

every single day i think about this shit.

>> No.11102170

>>11100916
Put in about 4k and turned into 60k. Cashed out to pay all my debts off. Never touching another coin again until 2020 when we have a better idea of what the surviving coins will be - will then invest in a few of those and ride them out for about 5-10 years.

>> No.11102307

>initial 3k
>peak 335k
>now 38k
>cashed out 10k~

im a brainlet

>> No.11102346

>>11101706
The nigger are your country. You have good countries in Europe to life comfy with 2500$ per month.

>> No.11102366

>>11102153
>>11102307

How do you guys do these numbers? Do you just spread cash around a handful of random cryptos and hope for the best? I've made money off stocks for a while but with crypto I am utterly clueless apart from the tech factor. I know what can succeed and what will fail. 95% of crypto projects are utterly worthless. What I don't know is why the fuck the random price swings for no apparent reason, 100x more than any stock market does. I can't seem to research very much on individual things because there's honestly not much material to read.

Just tell me it was luck please so I don't feel like a brainlet.

>> No.11102383
File: 132 KB, 616x462, priceisrightlive_fullsize_story1.jpg [View same] [iqdb] [saucenao] [google]
11102383

Invested $3500, Cashed out $20,000, still sitting on $50,000... AND paid the taxes on my shit.

>> No.11102387

>>11102366
I sold my car and went 95% in Substratum. While price is shit atm I truly believe in the product they're creating so that's why I haven't sold.

But yes, it was mostly luck.

>> No.11102397

What was it that made BTC hit 20k originally?

>> No.11102412
File: 4 KB, 221x250, 1536795125404.jpg [View same] [iqdb] [saucenao] [google]
11102412

>>11102397
NPCs

>> No.11102414

Cashed out 1.5 million via coinbase in march. I had all my shit tethered soon as it hit ath. Bought a house in florida

>> No.11102448

>>11102397
Coordinated pump by whales and exchanges.

>> No.11102458
File: 1.71 MB, 1297x4344, 1498308917386.png [View same] [iqdb] [saucenao] [google]
11102458

>>11100916
>Initial 5.5k (First 2 coins $80 each)
>Peak 250k
>Now 75k
>Cashed out ~20k

I am satisfied with my position, but yeah I should have cashed out more around 15-17k. I am confident we will see more bubble cycles so I'm not really worried. CBA is ~450ish so I am deep in the black.

>> No.11102474

>>11102448
Another question is that I keep hearing 2020 is when we might see another run? Why this year?

>> No.11102696

>>11102458
Nicely done anon, any tip how not to be greedy? I held from my ath to now back to initial.

>> No.11102728

>>11102696
Not him, but cut your losses early. Especially with shitcoins. If you buy a coin and it's coming back down to where you bought in, sell before you lose money, or before you lose much. I lost a big chunk of mine because I broke that rule. I followed it all the way until after May, when I thought to myself "there's no way it'll go lower, I'll wait for a bounce." Then the bounce never came.

>> No.11102793

I got in late when Bitcoin was like $3k.

I turned $3k into $12k.

I cashed out half, so put $6k into the bank then left the remaining $6k in various coins.

Now that amount is worth $1,100. Meh.

When it's all said and done, 3 or 4 coins are gonna emerge as legitimate worldwide used tokens. And those coins will go up 100x. All other coins will fall to nothing. I think it's still worth being in crypto, but you need to be patient, we are at least one year from any big news that skyrockets a coin.

I like LINK, IOTA, and ETH. All Bitcoin has is the name recognition as being first, it has to die eventually.

>> No.11102829

>>11101001
Rare binary post ID. Noice

>> No.11103082

>>11100916
I made around a million USD.

t. 2011 Bitcoiner

>> No.11103098

>>11101167
If you have one million, you're fairly safe with around $800k in stocks and $200k in bonds

You can spend 35k a year for the rest of your life, first selling the bonds, then the stocks

>> No.11103124

Made $80,000 out of initial investment $7500. I consider that significant.

I paid off my student loans and bought a car and now I have $15000 left in bitcoin

>> No.11104334

>>11100916
I only turned a few hundered into a little over 10k. Sold more than half before the tulips went bad. I kept the other half to swing trade. It's down about 75% from it's ATH.

>> No.11104396

Tfw deleted a wallet after the silk road conundrum that held 14.03BTC JUST.

>> No.11104475

>>11100916
Stop thinking everyone who uses this board is under 20 or underage b&

>> No.11104485

>>11103098
>35k a year
lol

>> No.11104488

>>11101321
I'm bullish on btc. But you're dreaming. Wait for the next halving.

>> No.11104639

Paid around $11k for 1400 ETH. Sold at the first big dump. Made a few trades and cashed out about $250k. Already paid taxes on it which was about $70k. Now I have $30k cash and the rest is in BAT, so it hasnt been hit. Just a few cents off from my cost average right now.

>> No.11104645

>>11100916
I've lost $7,000 out of $15,000 does that count?

>> No.11105263

>>11100916

Gosh darn it if that gal don't warm the stone of my hearth.

>> No.11105338

>>11102474
https://www.bitcoinblockhalf.com/

>> No.11105852

>>11102387
Substratum is a confirmed scam/vaporware. Are you really that stupid?

>> No.11106245

>>11100951
I had 1 million dollars from a $5,000 investment, I now have 80k... not even mad really they say smart money is just dumb money thats being through a crash and 5k to 80k is still life changing

>> No.11106427

>>11101167
>but to never have to work again ever? maybe 5-10 million

if you dont know how to turn 1 million into enough passive income to never work again just kill yourself while you're ahead

>> No.11107476

>>11104485
You can literally live in like Taiwan or some other Asian country. There is no point to loving in SF or NY if you're not going to work.

35K a year in Asia goes a long way. If you avoid Hong Kong, Singapore and Japan, that is

>> No.11107509

Started with 10k USD in May 2017, peaked at 600k in January, now back at 200k. Due tax reasons I am more of a holder than a trader. Now I'm just holding my portfolio consisting of 4-5 coins and waiting for the golden bull run, then I'm settled.

>> No.11107536

>>11103124
I paid off my student loans too. I invested $20k throughout 2017 and cashed out $75k in January. I left the remaining $30k in ETH and other shitcoins.

>> No.11107552

>>11100916
Everyone has, almost nobody cashed it out though

>> No.11107703

I went from 1.3k to about 36.000 usd.. those times were epic (ofc i didn't cash out and now I have ~4k left :*)

>> No.11107950
File: 19 KB, 543x443, 1530662637240.png [View same] [iqdb] [saucenao] [google]
11107950

>>11101001
>playing with house money

>> No.11108026

>>11101347
Bubble tea is Taiwanese

>> No.11108094

>>11107476
Why the fuck would they choose to live somewhere else, to move completely and live a modest life based on 35k.

>> No.11108108

>>11101143
>>11101321
and you two are both fucking idiots holding onto your losses

>> No.11108163

>>11106245
wow, feel bad for you bro!

had 90k ath now 15, still hodling, i know i can make it again and then some

>> No.11108277

>>11101212
15% annual profit?