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/biz/ - Business & Finance

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14627498 No.14627498 [Reply] [Original]

hello frens, how much ETH should I be buying every paycheck ? should i stop 401k and go all in crypto a this point? Is 100 a good stack to make it? Is $10k ETH very likely sometime in the future? i need to make important decisions between moving 401k money to ETH now

>> No.14627580

Its a decent bet but Ive been riding alt pumps to increase my stack. Not sure if 100 is enough to make it

>> No.14627599

>>14627498
also still buying $500/week

>> No.14627611

>>14627498
>should i stop 401k and go all in crypto a this point?
rofl

>> No.14627697

>>14627498
God I hope so.

>> No.14627752

>>14627599
Currently buying 800€ per month. It will have high utility value in 5 years when IoT gets more and more adopted

>> No.14627758

>>14627498
Literally zero possibility for ETH to reach 10k (nearly a trillion market cap lmao)

You might win the lottery though

>> No.14628246

>should I stop doing guaranteed 100%+ growth to gamble it on a crypto that's dropped 80% in the last 18 months
I dunno OP, what do you think?

>> No.14628363

>>14628246
This. Don’t get me wrong. I’m accumulating crypto and hodling a few long term but it’s obly 10% of my net worth. You should still be putting money into an actual existing proven global economy based on real goods and services over highly speculative digital assets. Long term of course currency is going digital so I don’t tell anyone to not be in on it. But unless you’ve got a trust fund waiting for you, don’t stake your whole future on products without massive existing normie adoption.

>> No.14628401

>>14627498
jesus fuck yet another pne of these consensys paid for pajeet tier faux-question-push-outlandish-ETH-valuation asinine shill threads. you pathetic pajeets simply could not be more transparent with your desperate shilling

>> No.14628733

>>14628401
what?

>> No.14628762

>>14627498
>should i stop 401k and go all in crypto
Both you fool. You'll sleep better.

>> No.14628937

>>14628246
>guaranteed 100%+ growth
How is this guaranteed? What gives stocks any value?

>> No.14628965

>>14628937
employer match = 100% free money
add in the 7% average rate of return on stock investments and you have 115%+ return on investment

>> No.14628987
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14628987

>>14628965
>up to 3-5% of your wagecuck paycheck
thanks boomer but im living with mommy and put 80% of my pay into link

>> No.14629234
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14629234

>>14628987
For the average /biz/ poster, you would have $1.5 million after 40 years. You would essentially be giving yourself a 15% raise if you include compound returns and employer contributions.

>> No.14629291

>>14628363
This Guys Right. Crypto is Fuck off Money, But Don't play games with that Nest egg.

>> No.14629990

>>14629291
Thanks fren. I know Neets want to neet, but you have to spread your risk around and not put all your eggs in one basket. That’s works for some lucky few and people that have really done their homework.

>> No.14630050

If you're going 5-6 years, go BTC, ETH has no future+

>> No.14630053

Why the fuck would eth just magically balloon to 10k. Reminder that eth was designed to be cheap gas and Vitalik said it should be $7

>> No.14630323

>>14628937
Corporate performance + a dozen or so less relevant variables.
You know, this used to be the business and finance board once.

>> No.14631047

>>14629234
>implying $1.5 million will be worth much of anything in 40 years

>> No.14631120

>>14631047
If inflation matches 1979-2019 inflation, it will be worth about 425k of today's dollars, which will be more than enough + social security (if still around) to support somebody

>> No.14631151

>>14630323
No it never was

>> No.14631219

>>14629234
Absolute goy shit
If employer matched your shitcoin gambling I'd already have no employer and retire off gains... oh wait that.. makes sense. Rather work forever while buying my bags goy
.
>
¬

>> No.14631231

>>14629234
Who the fuck wants to work for 40 years?