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/biz/ - Business & Finance

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14453735 No.14453735 [Reply] [Original]

What are you going to do with all these money you got in crypto?
We've seen plenty of people here who continued playing with crypto after they got 1M, and they lost almost everything. Buying car is the most shitty investment one could do.

So in my opinion we should invest in something real after we get initial stack of money from crypto.

For example I live in russia, and want to invest into state oil companies, or metallurgy companies. Should I?

>> No.14453776

>>14453735
The state is going to take it and give it to my kids mom

>> No.14453777
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14453777

i'm buying a multi million dollar condo in downtown manhattan once links reaches the price at which i will sell "some"

can't go wrong with real estate.

>> No.14453782

>>14453735
why are you asking mcdonalds workers on a racist underground chinese scammer forum for financial advice

>> No.14453792
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14453792

>>14453735
1_Invest in BTC
2_Sell them for zuckbucks in 2021 after making a few millions
3_Have fun for a year.
4_Buy LTC for it's halving with your zuckbucsk
5_Exchange LTC for BTC when ltc halving aproaches
6_Now you are ready for another BTC halving in 2024 to become a multimillionaire.

>> No.14453806

>>14453777
Based

I'm a linklet so if I get 1 million I'll just buy myself a apartment in the city and get my university degree and travel around.

>> No.14453807
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14453807

>>14453782

btw no larp. i'm a financial advisor for a big bank

all in LINK.

>> No.14453821
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14453821

>>14453777
What kind of sorcery you fucking linkies are using ,you keep getting digits non stop.

>> No.14453880

Reminder that you all got nothing but numbers on a screen till you cash out.

>> No.14453891
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14453891

>>14453807
Tone Vays worked for Goldman and got most of his stack liquidated shorting 6k.
He's also been consistently wrong on BTC
Same with the fundstrat guy, novogratz, buffet, countless others

Working on wall street is no advantage here friend

>> No.14454069
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14454069

>>14453891

Tone Vays is a technical trader, he was right about the down turn at 19k but he's to skeptical and relies to much on technicals

I believe in fundamentals.

Fundamentals > Technical analysis.


Tom Lee of fund strat was correct about the beggining of this bull run back in April. but he's too much of a perma bull.


It's about identifying when and where these market cycles start and end.

the one thing we all have in common is that they worked for the same big bank i work for.

Novagratz got lucky for getting into ethereum earlier.

Link is akin to buying ethereum at $20 right now.

>> No.14454088

buy a house finally, and a condo to rent out. help out parents with mortgage, and keep gains in private expect for select few friends. just basically enjoy life by growing together. i know business and friendships dont always mingle, but i sitll want to try in a low level for funs. i know my friends, and their boundaries, bro tiers that were there when i was down and needed help so true brothers of mine. also maybe if i get really rich, start funding christian groups here since its canada here and full of degenerates.

>> No.14454110

>>14453891

>working on wall street has no advantage here friend

yeah not having 100k to play with and a high paying job and financial literacy isn't an advantage. whatever you say fren.

>> No.14454246

planning on making the girl that destroyed me feel really really dumb. It’s actually the main reason I want to make it.

>> No.14454339
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14454339

>>14453735

Get my teeth fixed. Buy a condo. Install a home sauna. Buy a nice bicycle. Diversify into obvious stuff like an ETF and/or real estate.

>> No.14454364

>>14453777
Checked nice what price will that be exactly?

>> No.14454390

>>14453777
Checked

>> No.14454460
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14454460

>>14454339

Oh yeah, and if I really make it, give my siblings trust funds, lord it over them, and demote my boomer parents.

>> No.14454518

>>14453735
buy a portfolio of municipal bonds and use the interest as supplemental income.

>> No.14454565

>>14454069
>an ethereum token is akin to ethereum

>> No.14454660

>>14454088
This is the most based post.

>> No.14454698

>>14453735
cash out and buy a lot of stuff for yourself/home/family. thats the sanest advice. dont gamble forever, cash out at one point and R E A L I Z E the gains.

>> No.14454757

>>14454698
>>14454088
Much like people who win the lottery, please make sure you buy a house and condo that you can afford to pay the taxes on. This is what ends up killing lottery winners, stay safe and have fun in your houses

>> No.14455265

>>14453735
Know a guy that bought bitcoin probably early 2010-s. Made millions and started a business right after that. The thing is that the guy is not very bright to say the least and the business is falling apart since day one. Sad thing is that he is also in trouble with authorities with his business and could face actual jail time.
Lesson is to keep it real after hitting gold with your shitcoin and not to think you are a genius for winning the lottery...

>> No.14455269

>>14454565

you do realize ethereum is useless without real data feeding smart contracts.


the value is there.

nolinker cope

>> No.14455305

>>14455269
this is just a philosophy, fact is no one is using link

now try to debate pls pro tip you cant

>> No.14455330

>>14455305

>no one is using link

swift,
google,
oracle.

go neck yourself no linker

>> No.14455365

>>14454110
none of that makes a difference though. all you need is to believe in the meme magic with all your heart, and you can control the luck of creation.
checkem

>> No.14455622

>>14454364

selling "some" at 100 USD

>> No.14455762
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14455762

>>14455365

THIS

people who are in crypto just for the memes are truly the richest.

>> No.14455854

>>14453735
more financial instruments, something relatively safe like index funds
I'm not gonna change my lifestyle at all, I'm a shutin and my only concern is making sure I can keep being a shutin

>> No.14456153

>>14453792
this, unironically

>> No.14457053

>>14453777
>blog chains

>> No.14457085
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14457085

>>14455762
God bless you anon

>> No.14457270

Will start invest my money in something else when those investments give back the profits in cripto.
Never selling for fiat

>> No.14457415
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14457415

>>14454069
Fundamentally based

>> No.14457446
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14457446

>>14453735
https://www.youtube.com/watch?v=36gnH2PG3yI

>> No.14457453

>>14453777
>city slicker
your linkies wont save you from what's coming

>> No.14457485

If I ever make anything close to that, I'm putting parents into retirement immediately. It won't take much.

>> No.14458124
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14458124

>>14453777
Checked and correct.

>>14453821
We are KEK's chosen people.