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/biz/ - Business & Finance

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12446936 No.12446936 [Reply] [Original]

How are we all going now that crypto is officially dead?

Me personally I sucked so much dick last night my head is still spinning.

Made 2k though.

>> No.12446951

>>12446936
what a chad

>> No.12446955

>>12446936
*throbs uncontrollably*

>> No.12446978

All those years ago on /b/ I could have listened and I would be a millionaire but who would listen to anything /b/ said in 2009?
Still it bothers me.

>> No.12447040

>>12446936
oh
you again

>> No.12447071

>>12446936

>2k

wow, so you doubled the 1k you were hoping for. well done!

>> No.12447130

>>12446936
just wagcuckin it with a boomer portfolio.
i found a good business opportunity that should be able to scale, for every $10k (minimum) i put into buying my equipment ill be making $10k every month, so if i buy 100k in equipment i should get 100k that month. i think it will hold for the first few months before it becomes a race to the bottom as everyone tries to get in on it, right now less than 5k people in the world even know it exists.
idk how to best capitalize on this kind of opportunity, if it's as good as i calculated it (ive spent months looking into this and it's legit, only question is if demand can keep up) then i could be rich if i play my cards right
i have $3.5k monthly expenses, 5k cash, $30k in stocks/bonds, $30k in crypto, $24k in retirement savings i probably cant access, no debts, 800+ credit. making $2.2k biweekly after tax/retirement matching.
i have access to a ~20k line of credit, and 10k in credit cards. i think i can buy equipment with a 6 month interest free loan from one of my local sellers but terms are kinda sketchy.
should i sell off all my crypto and go all-in on this opportunity? or should i take out line of credit or credit cards? take the sketchy 6 month interest free loan?
i might be able to borrow some money from my parents and pay them back if it doesnt work out, i hate the idea of owing family money though.
i've also looked into trying to find a business loan but you need to have been in business for a year and the interest rates are pretty shit. peer-to-peer lending has the same problem, and i dont want to spread the word about this.
lets say i do buy 50k in equipment, so i make 50k first month. should i re-invest that right back into buying more equipment and hope the next month performs as good, so i have 100k? what if i only make 25k from that first 50k? at what point do i stop reinvesting and start hoarding profits? my goal is $1.5 million to retire, and taxes are ~50%

>> No.12447173
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12447173

>I didn't buy BTC at the 300 dollar range
>I didn't buy LTC at the 1-2 dollar range
>I didn't buy ETH at 50 cents
>But I bought most of my ChainLink at the 25-40 cent range.

Some people take a long time to learn, but some simply never do! See you later poorfags.

>> No.12447179
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12447179

>>12447173
Saving it for the day it makes us rich to dab on noLinkers.

>> No.12447199

>>12447130
So you’re investing in a Ponzi scheme?

>> No.12447202
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12447202

>>12447173
tfw bought ETH at 10 dollars but I had to use the gains to free my best friend from the Yakuza.

>> No.12447270

>>12447199
nope, i dont want to go into detail but it's not a ponzi or scam.
just looking for input on how to best take advantage of such an opportunity