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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21379363 No.21379363 [Reply] [Original]

help me

>> No.21379426

>>21379363
What was your initial? Also gz!

>> No.21379447

>>21379363
i'll help hide some from the tax man for you

>> No.21379473

>>21379363
Get an accountant. I big fag Jewish one.

>> No.21379524

>>21379363
Sell immediately:
1. Contact your bank and let them know that you'll be making a huge transfer, set it all up.
2. Hire an accountant to help you with taxes
3. Put in precious metals (silver is good) until stock market crash.
4. Pull out of silver after crash, put back into market.
5. DON'T BUY STUPID SHIT, BUY A HOUSE, KEEP LIVING CHEAP, DON'T TELL ANYONE YOU'RE RICH, KEEP MOST OF YOUR SHIT INVESTED.

>> No.21379548

>>21379363
Convert to Eth.

>> No.21379569

>>21379363
jesus. post portfolio

>> No.21379605

>>21379363
congrats bro, now gtfo. take out 6mm right the fuck now, and leave 3 million play.

>> No.21379639

>>21379363
Couldn't anyone larp any portfolio he wanted on that app?

>> No.21379660

>>21379605
How can you tell him to get out when he's almost at 10 million?

>> No.21379666

>>21379363
what do you need help with exactly? show portfolio I can give you some tips

>> No.21379693

>>21379363
LARP until proven otherwise

>> No.21379699

>>21379363
You need to talk to an accountant before you do fucking anything. You need an incredible accountant. As soon as you cash out the IRS is going to hunt you down if you don’t do everything right and squeeze you for everything. Don’t even sell yet, you need to know where to put this money.

It may make more sense to form an S-Corp and hold in cash there, don’t even let it touch your personal. But seriously, don’t do anything until you talk to an accountant.

>> No.21379709

>>21379363
probably $VIEWS

>> No.21379741

>>21379363
delete this.
unless you want public support for crypto currency investor tax

>> No.21379742

>>21379524
Best advice so far
I echo, SELL IMMEDIATELY. That is enough money to never work again. If you believe LINK has more upside (it doesn't, at least not right now) then only sell half. You absolutely must liquidate some of that or you will watch it all vanish. SELL

>> No.21379768

TokenTax.com, get the most premium service there. Those fuckers will help you out.

>> No.21379776
File: 147 KB, 750x1187, 98CB3896-E72B-46ED-8502-E389BF392453.jpg [View same] [iqdb] [saucenao] [google]
21379776

>>21379569
people are telling me it could be worth $400 million in a few years. Or $0 tomorrow. I have so much anxiety I cannot breathe. what if i sell them all right now? how I managed to get here blows my mind,

>> No.21379801

All I have to say is congrats.

>> No.21379811

>>21379699
If he doesn't sell he will watch those gains disappear. Crypto flash crashes. LINK is NOT on a sustainable chart. It WILL correct 50% or more.
>>21379776
Sell half now. Call a lawyer, any lawyer, and ask them who the best tax lawyer in the state is. Call that lawyer and ask them what to do. SELL HALF NOW.

>> No.21379814

>>21379776

>22.61

lol

>> No.21379864

>>21379776
well what are you goals in life? personally i,d cash out like 1-2mil only and leave the rest

>> No.21379878

>>21379776
You’ll feel waaaay worse not selling and realising $9m vs holding and it potentially going to $1m

There is far more downside than upside for you and you have life changing money. Don’t fuck this up, take profits

>> No.21379887

>>21379363
unironically hold until 10MM portfolio, take screenies, coom at screenies, sell, retire, and then become a philosopher or become a shitposter

>> No.21379899

>>21379864

This

You need to cash out a small allowance for whatever needs or pursuits and not overextend your holding

>> No.21379901

>>21379693
I made 400k last bull run and bought some cheap linkies. I have at least 30 wallets. 2017 OG link marine STACKED

>> No.21379909

>>21379814
Hrs probably an Aussie. The conversion rate checks out

>> No.21379911

>>21379548
Unironically this

>> No.21379915

>>21379776
My god. 408k link...is this why they always say the "make it" stacks are 500k?
That is real fuck you money.

>> No.21379925

>>21379524
>>21379742
You are basically asking him to doomp it.

>> No.21379932

>>21379363
You better sell before you neck yourself, you've been warned

>> No.21379949

>>21379363
i hope you have a coinbase pro fully verified account. your only shot at liquidating all that

>> No.21379954

>>21379363
just sell immediately

>> No.21379961

>>21379814
aussie mb

>> No.21379962

>>21379639
Yes

>> No.21379970

>>21379901
Holy God. Please sell half. You will never in your life regret having $4 million.
>>21379925
Yes, I am. Fuck you. I hope he dumps this shit right on top of you. Fuck you for wanting him to keep bag holding while it collapses.

>> No.21379987

>>21379970
Kys swingie

>> No.21380042

Fucking hell cash out 5 or 6 million worth and retire.

>> No.21380043

>>21379524
DO NOT DO THIS!!!!
DO NOT, DO NOT DO THIS!!!!
>call bank
>h-hey, i am selling my chainlink token soon and will have a deposit of 80k USD
>they ask what it is
>tell them its a cryptocurrency
>they get the manager
>they inform me they do not allow purchases or sales dealing with cryptocurrency and that my account is to be closed

>> No.21380044

>>21379987
You are a pathetic and small person. How dare you not be happy for a fellow Link Marine whose made it huge. This guy doesn't need to worry for the rest of his life and the only thing you care about is if him selling will affect you.
I would tell you to kill yourself, but you are already dead inside.

>> No.21380068

Congratulations you've made it.
You can take the "never selling" meme seriously or you could be realistic and realize you're just being greedy at this point. You can be greedy nothing wrong with that but that will mean you'll increase your risk and cloud your judgement.
I would say take your profits. Sell.
Not necessarily your whole stack but maybe a million, 2 million. Diversify.
We're at all time high levels and the RSI indicates that we're in high overbought levels. The market is irrational.
Do you want to secure some money? Or do you want to be greedy?

>> No.21380111

>>21379363
Convert 1/2 into 3 different stable coins. DAI, Paxos, and Binance USD. Leave the rest. At least at that point you can cash out stable coins a little at a time into fiat. That will relive your anxiety until you get get a great accountant and lawyer to help you.

>> No.21380123

>>21379363
Wow dude is that for fking real

>> No.21380131
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21380131

Heh, you too eh?

>> No.21380133

>>21380043
Quit larping, faggot.

>> No.21380140
File: 15 KB, 480x354, 1474356329547.jpg [View same] [iqdb] [saucenao] [google]
21380140

>>21379363

With this amount do you do an OTC sell?

>> No.21380164

buy the dip faggot

>> No.21380170

>>21380044
>only thing you care about is if him selling will affect you.

And other /biz/ anons whom'st I care about

>> No.21380210

>>21380170
If no one ever sells, no one makes any money. If LINK is the golden god you all claim it is, then it won't matter if he dumps a few million. If it isn't, then why should he wait for someone else to dump?
Again, fuck you. You greedy selfish bastard of a hollow excuse for a human being. I bet you're a nigger.

>> No.21380209

>>21379776
Anxiety? Cash out, buy gold, silver, a house, get a lawyer and accountant, live life. You made what all of us want to, you made it

>> No.21380221

>>21379524
This is the gayest advice yet. Keep your money in LINK, the worst LINK will do is another 10x. $100m is some real fuck you money.

>> No.21380227

>>21379776
Anon, god has given you a new chance at life. Have faith in him. Sell half, use your money for good, and hodl the rest.

>> No.21380263

>>21379776
Dont sell all never sell all, sell as much now to buy a house and a nice car then keep the rest, otherwise you will burn if it pops even higher

>> No.21380272

>>21379524
Dump it all, crash the price.

>> No.21380280

>>21380043
This

>> No.21380284

>>21380221
No

>> No.21380285

>>21380140
I was reading through Gemini's website and there was one section where they said if you need help withdrawing a large amount you should contact them. I'm guessing they buy your coins otc so it doesn't affect the order book.

>> No.21380291

>>21379776
Imagine you earned 10MM through hard work over years. Would you put all of it into crypto? Yeah, you didn't work for it. But money is money and retirement is retirement.

you can always cash out 50%. that way, no decision you make is a total desaster. Sure if you keep it in crypto it might get way higher but what is the difference between 400MM and 200MM? A lot on paper but that additional 200 don't change your life. with $5MM you can retire and let the other 5 ride. Also, you could diversify into other crypto but only if you know what you're doing. Last but not least, I'd keep at least a bit in crypto, eg. $100k to 1$MM.

>> No.21380313

the amount of money stinkers are going to lose out on by not selling the top of a blindingly apparently market cycle is going to be mind blowing

>> No.21380325

>>21380272
Zeus confirmed

>> No.21380358

>>21379363
Sell at market price and crash the market with no survivors

>> No.21380373

>>21379776
At most take out half.
Move to Puerto Rico if American.
Stay there 6 months for citizenship.
Then cash out.

>> No.21380382

>>21379776
Don't be fucking retarded, you made it, diversify that shit down to 30% link, sell for BTC/ETH/USD now

>> No.21380404

>>21380133
Its real. Show me proof of you cashing out a large sum into your bank account. You cant, because it is NOT POSSIBLE.

>> No.21380411

>>21380043
Actually happened to another anon

>> No.21380431

>>21380313
If staking is announced this is just the beginning.

>> No.21380440

>>21379776
Hire noseberg, sort taxes, and cash out half ASAP. Your set for life mate don't be greedy.

>> No.21380486

>>21380140

Yeah, I was reading through BTCmarkets (ausfag exchange) https://www.btcmarkets.net/otc-trading

Over 100k their trading desk can handle it, I'd have to research more but at that level you would want some sort of contract or consumer protection laws coming into play

>> No.21380488

Bro please cash in some of that, youre making me nervous. You dont have to sell it all, even selling 20% is enough to be life changing

>> No.21380491

>>21379363
Scale out gradually, keep 100k for the future.

Congrats.

>> No.21380501

>>21380291
This

>> No.21380560

>>21379776
The way I see it 9million is so much money for an individual who doesn't own a business or a corporation that its better to just cash out now. that risk.

The reason I'm still in Link is because I have less to lose, someone with only 1k in the bank can go all-in on a shitcoin or some random stocks, not millionaires. Now you need to invest more wisely.

Call your bank, cash out.

>> No.21380571

OP will probably just close the thread and not do anything, go jerk off to anime children and then play some video games while assuming it will go up forever. Just like 2017, reality will come crashing down sooner or later after he realizes his shitcoin has bled out 60% and its not coming back any time soon. Then he will face the crushing realization that he could have cashed out 5 million dollars and been set for life. Now he only has 2 million....the next day only 1.7, then 1.2, then 800k, then suddenly its down to 500k, then he panic sells 50k...but coonbase is down. Later his stack is worth 400k! But thats still a lot of money!!! Well it cant go down any further, lets just wait and see...

Next month its 200k. OP hyperventilates 4 hours a day, rocking back and forth in his sweat and cum stained computer chain. He could have been a millionaire and bought a genetically engineered catgirl wife, but he didnt sell. It's not coming back. He watches his shitcoin bleed and bleed, while coping with meme spewing and increasingly frantic and psychotic cultists in threads about his coin. $1000 EOY!! JUST HODL!!! dr;ns!!!! they chant. But a market cycle is a market cycle, and they don't understand that the reason their shitcoin made it so high in the first place was artificial scarcity created by the 1% of wallet holders who controlled 90% of the circulating supply, and the developer who holds 70% of the total supply. It was a scam the whole time. It's not coming back.

>> No.21380581

you guys are so gullible and retarded it’s ridiculous

>> No.21380702

>>21380210
Nah dude. You're taking this too seriously. It was mostly just an observation on how anon is a major whale.

>> No.21380728

>>21379363
Bro sell half, you will still have 200K Linkies which will still likely be worth hundreds of millions. Take some profits and then you will be stress free while you watch LINK go to the fucking moon. And even if it crashes you are still set for life.

Don’t fuck around OP you made it.

>> No.21380750
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21380750

SOON

>> No.21380754

>>21380373
thats not how it works youll still have to pay tax on gains made before becoming a citizen

>> No.21380831

so OP

what happens when you swipe to the left?

what does your main portfolio have?

>> No.21380836

>>21380754
PR is a province of the USA. Any us citizen can move there any time he wants. Capital gains tax based on locality go into effect after 6th month of residency. You can and many do exactly that.

>> No.21380863

YOU IDIOTS THE MM STANDS FOR "MONGOLIAN MONEY"

he only has like 20 usd

>> No.21380872

>>21379814
it was almost a convincing larp...almost.

>> No.21380905

>>21380560
This, you need to slow down your risk, i would sell 80% if you believe in link.

If were in a bull run there is more to come, but you MUST sell even id is the wrong choice, dont think more about it.

>> No.21380949

>>21379693
yeah a blockfolio proves nothing. you can easily fudge numbers

>> No.21380975

>>21379363
dump it all in STA tonight. You'll double your money by the weekend.

>> No.21381038

>>21379901
>put a fuckton of money on a 4chan meme
>makes an ACTUAL FUCKTON of money out of it

>> No.21381189
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21381189

>>21379776
Don't sell anon. I only have half a million but I respect your balls for not selling yet. Imagine the good we could do to the world if a few based and redpilled anons became billionaires or ended up with over a hundred million. Do not let (((them))) win. Do not sell your linkies.

WE ARE ALL IN THIS TOGETHER

>> No.21381252 [DELETED] 

>>21379363
Please help me anon. I’m so poor and I need to get my teeth fixed. I wanna make it too bro.

0x57513685720E41763Db0D9728f702B354a51eFBA

>> No.21381287

>>21381252
NO BEGGING!

>> No.21381321

>>21381189
Imagine selling before

>oracle
>staking
>insurance poc
>Microsoft
>SWIFT
>smart derivatives

We are still so fucking early anons

>> No.21381368
File: 90 KB, 957x621, 1487323965269.jpg [View same] [iqdb] [saucenao] [google]
21381368

>>21381252
I'll fix your teeth you fucking faggot

>> No.21381385

>>21379524
>3. Put in precious metals (silver is good) until stock market crash.
>put 10 million in silver

wanna know how i know youre poor?

>> No.21381408

>>21379363
Anon if you are serious I’m a branch manager at a Chase Bank. We accept the highest level of transfer per day. Currently $250,000. Bank of America consistently freezes accounts that liquify Crypto. If you want to cash out half, I suggest setting up an account with Chase Morgan. Begin doing $100,000 cash outs daily because that is an extremely normal amount of wiring even for a normie. No one will bat an eye. People remodel houses, buy properties at $100,000 at a time. It’s a common wiring amount. No one will even notice. This will take you 60 days to cash out $5,000,000. From there is just do what anons say. Hodl the rest it may moon to $1000. At which point you will be a billionaire.

If you really step by step instructions email me at chasebankanon@protonmail.com

I really want you guys to make it.
See you all on the other side.

>> No.21381440

>>21381408

Isn't that structuring?

>> No.21381481

>>21380272
>that ID

>> No.21381495

>>21381481
Kekkkkk

>> No.21381540

>>21381408
With the amount he has he should move to a tax haven and declare tax residency there rather than dicking about with cucked banks. He's in Australia btw not the US.

>> No.21381549

>>21381440
he's not doing anything illegal. he's just moving profits to his bank account. pay fucking taxes obviously OP

>> No.21381651

>>21380227
This. Half is enough to live a really great lifestyle rest of your life. Keep in half and it may double back to 10M within a few weeks/months anyway.

>>21379864
>>21379899
Also good ideas

>>21379878
zero to 1M means you probably don't have to work regular jobs anymore. 1M to 10M means you never have to work rest of your life. 10M to 100M is not that different in quality of life besides probably becoming a degenerate 9/10 chance.

>>21381540
yeah I would make this priority number 1. With that much money on the line, contact the best people who specialize in this shit and they will find the best solution to save as much money.

>> No.21381652

>>21380750

He's having a breakdown.

>> No.21381725

>>21380872
i mean still over $6M USD. that's enough to retire anywhere you want in the US

>> No.21381761

>>21379363
If this is real, congratulations anon... You made it!! (y)

>> No.21381792

>>21381549
chase bank closed my account years ago. would i be able to open one with them again if I was bringing in $100k? what other banks are more acceptable to crypto like Chase? Is citi, wells fargo, or us bank the same or are they more like bank of america?

>> No.21381807

>>21379524
>dont buy stupid shit
>tells you to buy worthless boomer rocks

Anon pull out like 1.5 mil, enough for you to live life on easy mode until Link mega moons. Leave the rest of that shit in there. When staking gets here youll be a god amongst men.

>> No.21381856

>>21380272
holyshit that ID

>> No.21381862

>>21379524
Fuck this dude. If necessary and you can’t handle the pressure anymore and want to retire just sell half, hold onto the other half for massive gains in 2-3 years time.

>> No.21381883

>>21379776
Dude 9m is enough to never work again. Sell.

>> No.21381908

>>21381807
Put aside a chunk for the tax man of course. Should probably hire an accountant. A good one pays for himself in the long run. And youd better make damn sure its a good one, the shady ones will fuck you fast and hard.

>> No.21381947

Cash out half and have 20 white kids

>> No.21381961

>>21379639
Yeah OP is a fag and so is anyone taking this bait.

>> No.21381966

>>21379363
Convert to 30% LINK 30% ETH and 30% cash out. Don't be retarded and trust the market with enough money to never even think about working again

>> No.21382021
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21382021

>>21381408
>pic related

What does one have to do in order to get an account that can do 100k per day? Looks like the default normie account is only 25k.

>> No.21382069

>>21379776
People telling you to sell all are trying to dump the price so they can buy up your linkies on the cheap. Dont be a fool. In less than a year youll want to neck for selling this cheap. In 2 years you wont even be able to enjoy 9 mil, (much less after taxes) knowing how much you couldve had. Sell enough that you dont have to work the next 5-10 yrs then enjoy life until youre a gorillionaire.

>> No.21382072

>>21380571
xrp?

>> No.21382089
File: 69 KB, 1308x300, Screen Shot 2020-08-13 at 8.14.05 PM.png [View same] [iqdb] [saucenao] [google]
21382089

>>21382021
>>21381408

FUGGGG here's the right pic lol

>> No.21382094

>>21382021
You're an idiot

>> No.21382139
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21382139

Anons congrats that have made it already. We're still early. I'm waiting for 1k and only selling a quarter for life expenses then letting the rest ride for ten years like btc. If btc goes up yet again after ten years that's proof enough for me to hodl my fat Russian scam coins

>> No.21382292

The funny thing is I'm in the exact opposite position as you. Held BTC throughout the bear market, and went all in $Link (currently top 150 address in $link). You will regret OP. It's hard to explain this, but scams only end until it becomes very obvious the top is in. Right now is not the time, this scam will go to target $100 then dump to 95% correction eth style

>> No.21382324

Also, there was good suggestion about puerto rico. The thread had some actual good advice. You need to move to puerto rico right now to establish what is called bona fide residence, then sell for 0% capital gains. If you want more advice for this happy to help you.

>> No.21382330
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21382330

>>21379776
408.49K, huh?

https://ethplorer.io/address/0x514910771af9ca656af840dff83e8264ecf986ca#pageSize=100&tab=tab-holders

>> No.21382377

What was the original investment , how much did you put in ??

>> No.21382469

>>21379363
Why are you retards giving financial advice. That is not why he is asking for help

>> No.21382588

Wouldnt it be better to have 390k? Just let me borrow 10k and I'll hold them in my credit union when I cash out. I already called them and they gave me the green thumbs up. Someone is knocking on my door, so I'll be right bac-

>> No.21382607

OP CASH OUT, DON'T FUCKING LISTEN TO THIS POORFAGS, YOU ''MIGHT'' GET MORE OR YOU MIGHT LOSE EVERY FUCKING THING
AT THE VERY LEAST LEAVE A MILLION IN
BUT FFS REALIZE YOUR GAINS

>> No.21382732

>>21379909
>>21379961
doesnt it usually show an A before the currency though? could be a canuck as well

>> No.21382749

>>21380133
It's true, britbong here. The bank will contact the police who will issue a warrent to search your house and computer for bank transactions related to cryto just to make sure you didn't stash any.

>> No.21382769

>>21382330
could be split over a handful of wallets

>> No.21382835

>>21379363
You should send me 5k linkies. It's definitely the most good you can do with the least effort

>> No.21382862

>>21379363
don't listen to the redditfags telling you to sell. cash out a mil and ride the rest, you'll be a bildeberg member in the NWO

>> No.21382946

>>21379363
christ...take half and cash out. Let the rest ride. You alresdy have more that most people make in a lifetime itd be crazy not to cash out something

>> No.21383233

>>21379363
You can either keep it in crypto, and watch your portfolio inevitably drop to zero, or cash out and have your account frozen by the bank. If you do cash out I’ll say this: DO NOT TELL THEM ITS CRYPTO! Just...don’t. I’ve been trying to link a checking account to Gemini and it’s hopeless. As soon as you mention “bitcoin” or “crypto” they turn you away at the speed of light.

>> No.21383421

>>21379524
Ignore this and all in on btc

>> No.21384014

>>21380291
>Imagine you earned 10MM through hard work over years. Would you put all of it into crypto? Yeah, you didn't work for it. But money is money and retirement is retirement.

10mil from hardwork or crypto or 100k from hardwork or crypto. Going all in is still going all in regardless of the amount.. to a point. As for retirement you evidently fell for the "your job is your identity" meme and think that working hard makes money worth more. Not needing to work now means you can spend time improving yourself without needing to worry about putting food on the table or a roof over your head. Stay cucked.

>> No.21384096

Sell 1/4 or 1/2 and keep the rest invested.

>> No.21384262

>>21381408
Is US bank good for cashing out?

>> No.21384424
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21384424

I'm happy for you anon. I hope we all make it too

>> No.21384493
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21384493

>all these retards taking the bait

>> No.21384558

>>21382089
>FUGGGG here's the right pic lol
fucking lol

>> No.21385380

>>21379363
Cash out enough to retire comfortably, let the rest ride.

>> No.21385899

>>21381807
This is best advice. Sell 1-2 mil, buy a house and invest the rest, the other 7 million will 10x at least in the next year.

>> No.21386017
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21386017

>>21379776
Damn. Congrats, OP.