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/biz/ - Business & Finance

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15748903 No.15748903 [Reply] [Original]

>credit floating
>credit churning
>buying high risk / high reward investments and paying off cc with profit

how does /biz/ use credit cards to get ahead?

>> No.15748935

>>15748903
Get CC with 0% interest for AT LEAST 12 months.

Get friends and family as "authorized users" they get their own card with their name, but it's all outta your account.

Tell friends and family to give you cash in exchange for using the card..

Take cash and put into BTC LTC ETH etc...

Make monthly payments on card.. wait until you feel you have enough profits.. take profits pay off CC 100% BEFORE the 12 months 0% is up..

Free coins....

>> No.15748946
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15748946

>>15748903
>falling for the plastic jew

>> No.15748952

>>15748935
Did this when BTC was around 4k.. sold around 8k to be safe.. ended up with a little more than .5 BTC FOR FREE

>> No.15748960

>>15748946
>not funneling your life through a credit card for points/cash back

every rich person learned about this like 30 years ago, don't be retarded and leave free money on the table.

>> No.15748968

>>15748946
If you use my strategy it's a big fuck youv to the jews... they expect you to use the credit to buy things that DON'T APPRECIATE (shoes clothes cosmetics)

>> No.15748983

>>15748903
Get a bunch of them, and max them out on Bitcoin. Afterwards, declare bankruptcy.

>> No.15748988

the key is to filter cold hard cash into your hands with the credit.. offer to pay your friends and families bills with the card. They are going to pay it anyways.. why not use my card and give me the cash.. makes no difference to them.. that way you aren't buying BTC with the CC which is subject to 10% or more fees...10% is 10% it's a big deal..

>> No.15748999

>>15748983
Bankruptcy is another option as well.. I wouls consider that if all else fails.. basically a safety net

>> No.15749057

>>15748935
you can also link your 0% apr card to venmo, then send money to someone you trust, have them send it back, then cash out and buy crypto.

i've earned 320,000 miles this year by churning. infinite free vacations just by hitting the minimum spend requirement then cancelling once the annual fee rolls around is pretty nice desu.

im getting close to the 5/24 rule but it was a fun ride while it lasted. fuck the banker jews, buy btc

>> No.15750064

>>15748960
This. I pay mine off right on my phone after the charges come through and get literal free money.