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/biz/ - Business & Finance


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21264199 No.21264199 [Reply] [Original]

Definitions:
/Make It/ Amount: The amount you believe you would need to live on investments and income such that you can live your baseline quality of life without HAVING to work.

>25
>$230,000
>$1.5m

>> No.21264309

26
$100 in January
$75k now
Make it to coast in investments?
$2m

>> No.21264348
File: 1016 KB, 1080x3020, Screenshot_20200811-113331_Chrome.jpg [View same] [iqdb] [saucenao] [google]
21264348

Enough to buy either of these two. Emphasis on large acrage and well maintained 150+ yo homes


https://www.zillow.com/homedetails/3020-Haupts-Bridge-Rd-Riegelsville-PA-18077/9098674_zpid/?

https://www.zillow.com/homedetails/1115-Strawntown-Rd-Quakertown-PA-18951/2089040493_zpid/

>28
>3k link to my name
Don't underestimate the power of positive thought

>> No.21264432

>>21264309
oh so you did a x750 in less than a year, do you think I believe that for even one second?

>> No.21264542

>>21264432

I left out the part where I funneled about $9k of wages into investments over the year.

STA and buidl were my 2 best performers.

>> No.21264602

>>21264199
>36
>$25k
>$500k
>Retiring in SEA where I can buy beer for $0.25.

>> No.21265311

>>21264432
I mean, I started with $300 in 2017 and turned it into $100k by the end of the year, so it's possible...

>> No.21265347

>>21265311
sure m8

>> No.21265395

>>21265347

Are you aware XOR did a 1000x in about a month?

Many such cases. This year is insane.

>> No.21265420

>>21265347
That was just in cryptocurrency. You could also do the same thing in options trading, so I don't get what's so hard to believe at all.

>> No.21265448

>>21265347
I did $50 to $1000 (20x shit coin pump) to $14,000 (mid cap pump) to $120,000 (macro bullring) in a year before

>> No.21265509

wow amazing gains guys, you must have like 10 millions dollars now since its so easy to multiply your money by a gorillion

>> No.21265524

>>21264199
>26
>45k$ in cryptos
>atleast x10 my bags

>> No.21265544

>>21265509

Almost nobody actually holds that long bro.

>> No.21265549

>>21265509
It gets harder the more you have.

>liquidity
>psychology of greater potential losses
>profit taking

All these factor against you as your worth gains

>> No.21265575

>>21264348
Those would make an amazing braphog slampig farm.

>> No.21265614

>>21265549
you faggots always say this, but say you turn 300 into 75k, now you have 750 groups of 300 dollars, aka 750 tries to do what you did again? and since it was so easy, then why don't do it again 10 times out of those 750 tries, or even better, by putting 3k instead of 300 into the shitcoins, that way the gains are bigger
the thing is it's not easy, and you're lying

>> No.21265649

>>21265614
100 into 75k, now you have 750 groups of 100*

>> No.21265730

>34
>$483k in crrypto (and about $20k in debt)
>$1.0m

My target is more like $15-20M though. I started with around 15k in 2017, so I think it's doable. I already did a 30x... I "just" need another one.

>> No.21265821

>>21264199
>27
>$70k
>2.5M

>> No.21265896

>>21265575
Absolutely degenerate pulled

>>21265614
Most of us are going up and to the right. Pretty biggly.

Idk how multiple groupings helps... that assumes that there are infinite equally promising opportunities at once. Most people winning pick one or two valuable positions. And scaling your entry risk to match your net worth is a sure fire way to lose. So at any given moment you probably are nurturing a 3 to 6 month 5 to 10x

Even if you bring your $300 entry to $3000 you’re only betting profits of $15,000 to $30,000 on a quarterly basis.

Each time you do this percent return reminisces. Ie at $30k a $30k win is 100% at $100,000 it’s just 30%.

Things don’t spin up until you hit an inflection point where you’ve secured enough cash or gold assets to feel comfortable gambling harder on your investments and significantly increase your entries.

Ie there’s a duality between security and aggressive investing.

When you start you’re full aggressive with nothing to lose.

As you gain you need to cash out to gain security which in turn allows you to invest more aggressively.

BUT because you’ve cashed out to gain security you have less capital to invest aggressively with.

So it becomes a balancing act until you have a big big biggly win which changes brings you to the next level

Idk if you have money you’ll get it

>> No.21265968
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21265968

>>21264199
25
$3200
$70,000
Cash out and all in on stocks, continue freelancing as a teacher, take a Master degree and then work part-time as a uni lecturer because I love teaching.

I just want to live doing what I love without having to stress about monthly bills.

>> No.21265983

>>21265896
Netting*
Diminishes*

And ignore that last ‘changes’

>> No.21266006
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21266006

>>21264199
how did you make that much OP?
me:
>25
>$67 000-ish - mostly in my condo, gold/silver and car..
my dad also owes me $18 500, does that count?
>$726 000
I spend $900 per month on utilities, insurances and pretty good food
add $200 for some fun and you've got $726 000 if I live til' I'm 80 (probably won't)
will never have that much money tho since where I live the only way to get rich is through inheritance and I won't inherit shit from my piss-poor junkie parents

>> No.21266017

>>21265968
$70,000 is comfy for life?

>> No.21266096

>>21265896
you still don't get it, that faggot said he turned 100 dollars into 75k, and all the other faggots are saying it's no big feat, so why aren't you all millionaires now? just do it with a thousand three more times and you're over a million

>> No.21266165

>>21266006
given my opportunities, I'm pretty average.
>early to crypto
>top uni
>dropped out and ran a venture funded start up
>equity investments

loosely in that order. Cards played better, or if I were a bit older/more mature when the opportunities came about and I would have a ton more lol. But, its all an experience and I've learned a bunch as I keep pushing forward with the rest of biz :)

>> No.21266168

>>21266096
two more times*
even easier

>> No.21266289

>>21266168
Usually those numbers are not equally distributed

A high risk gamble pays off early when you’re aggressive with nothing to lose

Ie.
50x on $100 = $5000

Then the following runs are smaller and more measured

$5000 with a 5x = $25,000

And

$25000 with a 3x = 75k


Early on any growth is huge percent wise.


Idk you’d have to experience it to understand but those early gains are definitely fairly common and believable and returns so naturally scale down in multiple as difficulty to exponentially grows

>> No.21266293
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21266293

>>21266017
Well, that would be a good start. I plan to put it into stocks, do some swing tradings here and there to grow the portfolio.

Also, I plan to teach as a uni lecturer to cover my needs, so my money in stocks won't be used. What are your plan and goals, fren?

>> No.21266343

>>21264199
>24
>20k
>2 million

>> No.21266469

>>21266289
faggot why do you go from a 50x to a measly x5? just grab 1k from those 5k and do another x50 (as it's no big feat apparently) and now you have 54k, now grab 4k and do another x50, you have 250k, now grab 20k and do another 50x (again, as it's so easy) , and boom over a million

>> No.21266488

>>21266096
Lmao why are you on this board? Get out of here. You're not mentally ready for this board, therefore you bit off more than you could chew. You just want to be a loser for life. Imagine getting salty over the realities of life.

>> No.21266515

> 32
> $600k
> $15MM

Hopefully by 40....

>> No.21266535

>>21266488
what are you even going on about?

>> No.21266543

>>21264199
509,929,929,929,929,929,726,727,277$

>> No.21266671

And besides the faggot eventually said this
>>21264542
which goes with my point that it was almost impossible for him to do a x750
I don't know why you faggots act as if a x750 is no big deal and for sure he did it
but anyways, it was proven posts ago that it wasn't actually a x750, so peace out and stay delusional waiting for your x750

>> No.21266679

>>21266535
That you're stupid and you should leave.

>> No.21266833
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21266833

>>21266165
well done
>if I were a bit older/more mature when the opportunities came about and I would have a ton more
I remember trying to get my dad to let me buy 5 BTC for $450 I'd made mowing lawns back in 2013 after Molymeme started talking about it
retard didn't let me
those 5 btc could've snowballed me much, much higher but now I'm wagie wagie for life

>> No.21267427

>>21265614
I just said fuck it balls to the wall all in on LINK and put every dome o could from 1 dollar all the way to 4. unfortunately thanks to corona I lost my job and swung a couple times so I only have 6k link now but seeing current price movement I dont even care at this point with how much money I'm making