/biz/ - Business & Finance

[Anonymous No.19764287]

My dad wants me to give 5 thousand dollars of my crypto to buy him a car, so he can drive an Uber. He says he'll pay the rest of the car, but it will be mine, and in my name.

Should I do it, bros?
1250 linkies, will I regret it?

[Anonymous No.19764293]

>>19764287
larp.

[Anonymous No.19764315]

>>19764293
Imagine paying over a million dollars for a car, right?

[Anonymous No.19764334]

>>19764315
Imagine trying to shill with these weak larp holy shit

[Anonymous No.19764372]

>>19764334
I'm not shilling anything here. It's a legit question, I've never cashed out before and I don't know if it would be worth it to buy a car.

[Anonymous No.19764438]

Could've swore that uber laid-off a whole bunch of people

[Anonymous No.19764467]

This is more a question for yourself. Is he a good man and father?Reliable?etc..
tldr:
Is your dad worth it to you?

[Anonymous No.19764487]

>>19764287
Make the money some other way, or sure, go for it, because Link is overpriced. I dumped 80K above $4 and won't touch it until next year.

Buying more ARPA tho, which should 50x by next year, so it's your call.

[Anonymous No.19764542]

>>19764372
Anon, you know more than enough to make a decision here. You don't need us.

[Anonymous No.19764563]

>>19764287
Your dad is a loser.

[Anonymous No.19764577]

No you shouldn't invest in a car so your dad can drive the cuck cage for minimum wage. Tell your dad to get a real job

[Anonymous No.19764594]

if u live in th US, u need to pay either short or long term capital gains depending on when u bought. 28% or 15%, i believe

[Anonymous No.19764659]

tell him you're gonna sleep on it
then go to sleep and make another excuse tomorrow
basically, never ever do it

[Anonymous No.19764662]

Tell him to eat shit and get a job sucking dicks or something. There's no excuse for a grown ass man to not have access to 5k. He should have at least 4x that sitting aside in cash for emergencies, like not having a job or a car. It's going to be hard but this is a lesson he needs to learn before he grows up and joins the real world. What will he do when he has a wife and kids? It's one thing if he's 16 and needs help starting out but by the time he's 21 he should have at least some grasp on how life works. It's time to just give up on the kid, he's always going to be a failure, will trash your car, and will never pay you back.

[Anonymous No.19764674]

>>19764287
Im in a similar position right now, im planning on just buying back in as soon as I can

[Anonymous No.19764707]

>>19764287
Pretty sure both Uber and Lyft have options for them to buy/finance the car with no money down

[Anonymous No.19764731]

Tell him to sign up for one of the advertising billboards that goes on those cars. They pay out around 200-300 a month. Very good for full time uber drivers -literally pays for the car monthly

[Anonymous No.19764739]

>>19764315
more like paying 12.5 million dollars for a car.

[Anonymous No.19764836]

>>19764287
so your dad is a jew? he wants to use your money for a business venture , with no overheads or responsibility since he used your money. So when or if he gets into a crash its in your name so you will pay for insurance, mainatance of the car. But your dad will use it to make money that he will end up keeping and leave you with all the shit. Yours dads a kike

[Anonymous No.19764857]

>>19764287
To easily get out of this just say you locked your investments for a year gaining interest PA on crypto .com or whatever so then he cant strong arm you

[Anonymous No.19764927]

>>19764287
https://www.google.com/amp/s/amp.usatoday.com/amp/96214312

Don’t give him a dime

[Anonymous No.19764948]

>>19764487
Why are pajeets so lazy? The formula is too obvious. Go to link thread, say you sold link and bought some stinky poo curry coin that reeks of pajeets, and then say the coin will 50x despite not doing anything and being a worthless scam. Just make your own fucking threads so it's easier to hide. Nobody is falling for such obvious bullshit. If derpa 50x's then chainlink will 500x. Unless it's a charity thing you're doing to support shitskins why would you waste money just to get lower returns?

[Anonymous No.19765015]

>>19764287
I unironically gave my dad a few thousand from my BTC holdings for a car loan.. in Jan 2017. When I calculate what it'd be worth today;
FUCK
FUCK
FUUUUUUUUUUUUUUCK

[Anonymous No.19765050]

>>19764287
Lol those gig works have the worst roi the only way you’ll come out on top is to buy a shitbox that doesn’t look rapey and will last till you make positive.

Honestly, maintenance, gas, malfunctions with all the miles being driven leaves you with a profit less than min wage. He’s better off burger flipping or delivering pizzas while high. No joke

Bad investment call him a retard.

[Anonymous No.19765057]

>>19764287
why don't you have $5000 in the bank/cash on hand? what are you some poor faggot or something?

[Anonymous No.19765059]

>>19764287
Why not another option....use your crypto for collateral for a $5k loan for your dad.Let him pay it off and you keep your crypto.

[Anonymous No.19765282]

>dad asks me for 100 dollars and tells me he will give me 200 back in a week so decide why not
>a week later he gives me 200 back
>month later he asks me for 500 and tells me he gives me 1000 back in a week or two
>2 weeks later get 1000 back
>next week he asks me for 15k says its urgent for his business
>tells me he gives me 30k back in a month or two
>cash out my chainlink and give him 15k
>5 months later he still didnt pay it back to me
>avoids me and doesnt pick up the phone

what happend here?

[Anonymous No.19765328]

>>19765282
You go and kick you dad in the balls. Demand the money then you cut his throat.

[Anonymous No.19765397]

>>19765282
>he fell for the slippery slope lending club scheme


Lmao

[Anonymous No.19766426]

>>19764287
yeah, just reinvest when it dips below 4 dollars again if you really want to ride the linkies train.