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/biz/ - Business & Finance


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2207595 No.2207595 [Reply] [Original]

I took out a fucking 100k loan and now Im down to fucking 60k. What the fuck do I do to make back 40k? I only make 25k a year. Words cant describe the panic Im feeling right now. I cant sleep, eat, I can literally barely fucking function. I feel like a medieval slave who's life was auctioned away.

>> No.2207610

>>2207595
Why did you take out a 100k loan? is this what normies do?

>> No.2207611

>>2207595
Wait. It'll regain its value and more.

>> No.2207614

>>2207595
When did you buy in?

>> No.2207617

>>2207610
This is what professional do. Done properly you can double you assets in a few months.

>> No.2207621

>>2207610
#YOLO #SWAG #CRYPTOMILLIONAIRE
#WOLFOFWALLSTREET

>> No.2207623

>>2207610
reddit actually did this during the mtgox crash. They took out loans, maxed out credit cards buying BTC and then it crashed.

>> No.2207628

Are you 12 or 13?

>> No.2207630

man you had a long-ass time to withdraw your money and still get decent gains, you fucked up bad bro

>> No.2207634

>>2207623
Then they waited and became millionaires...

>> No.2207639

>>2207595
>I only make 25k a year.
No bank would loan 100k to you.

>> No.2207646

>>2207617
>This is what professional do
Ah, sounds like OP isn't professional enough then!
>>2207621
>>2207623
If this was for crypto, why didn't OP pull out when BTC was super high?

>> No.2207657

>>2207646
If the pussy just holds and pays what he ows every month with his salary, faggot can leave with +200 000

>> No.2207668

bitcoin will either be 5000$ in a year, or 0 so just fasten your seatbelts, enjoy the ride, and get some iron fists you douche

everything will be okay

>> No.2207670
File: 107 KB, 192x255, Party.gif [View same] [iqdb] [saucenao] [google]
2207670

I just got done recording my reaction. Seriously, closed Audition just now.

https://a.pomfe.co/lrvryhw.wav

>> No.2207700

>>2207670
kek'd

nice

>> No.2207710

>>2207595
There will be plenty of recovery, OP, and I'm assuming it was a pretty long-term loan, so don't freak out because there has been a dip. Keep paying it off as you normally would and wait for the price to gradually rise again.

>> No.2207718

>>2207595
Take a second 100k loan and buy the dip

>> No.2207720

>Taking a loan for trading/investing

fucking normies

>> No.2207728

It`s a scam it`s a fucking scam! I`m down several thousands!

>> No.2207729

>>2207639
This. There's no way OP isn't roleplaying.

>> No.2207746
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2207746

>>2207670

>> No.2207754

>>2207595
>$100k loan
>$25k income

bullshit

>> No.2207760
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2207760

don't be sad because it ended
be happy because it happened

>> No.2207768

>>2207595
damn i actually feel bad. if you can actually post proof of this il send you 5 bitcoin

>> No.2207794
File: 133 KB, 373x297, 298347823.png [View same] [iqdb] [saucenao] [google]
2207794

>>2207768
>op quickly typing in loanfaker.com

>> No.2207891

>25k income
>100k loan
Yeah not buying it. Even if you had an astronomically high credit score, that would mean you're too finance savvy to bet 100k on crypto

>>2207768
I can post proof of my 40k student debt for my STEM degree and you wouldn't even have to feel bad because I supposedly made a """good""" investment on this waste of time :^)))

>> No.2207907
File: 141 KB, 1100x700, comfy_crypto.jpg [View same] [iqdb] [saucenao] [google]
2207907

>>2207595
HAHAHAHAHAHAHAHH

WHAT A FUCKING SHEEPLE LOSER

XD

Pic related, bought BTC and ETH very early with money I could afford to lose.

Sure feels comfy, unlike those laggard sheeple taking loans to buy magic internet money

Fucking fag KYS

>> No.2207937

>>2207668
>bitcoin will either be 5000$ in a year, or 0 so just fasten your seatbelts, enjoy the ride, and get some iron fists you douche

Bitcoin will never be $0, because I will be buying then. It literally cannot be $0, it can be $0.01 though.

>> No.2207954

You can just hold.

>> No.2207965

Buy a citizenship from a shitty third world country with the rest of the 60k, leave, and never come back.

>> No.2207991

>>2207937
i buy them before you for 0.02

>> No.2207996

>>2207595
Why would you take out an actual bank loan when there are trading platforms like bitmex that allow you to trade btc with 200x leverage? You deserve bankruptcy if you're really that stupid.

>> No.2208003

>>2207639
guess what. that's what my sister makes and she's approaved for 140k on a house... so fuck

>> No.2208015

>>2207595
>makes 25k
>was able to secure 100k line of credit for PonziCoin investing

You're full of shit.

>> No.2208019

>>2207718
this

>> No.2208021
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2208021

Yeah you can't get a 100k unsecured loan on a 25k income lol

>> No.2208028

>>2208021
He didn't say it's unsecured

>> No.2208029

>>2208003
That's a loan secured by a house. No one is giving you just a straight cash loan like that.

>> No.2208037

>>2207937
i buy every btc before you and then i will be selling it for 0 in a private exchange

>> No.2208040

It's always possible to put up your friends and parents shit. You would be surprised what people get away with at banks.

>> No.2208044

>>2208003
That's because they get to jew a free house after she fails to make her payments.

>> No.2208057

QUICKLY SELL THEM TO ME BEFORE THEY DROP EVEN FURTHER. I CAN GIVE YOU 100 DOLLARS A PIECE FOR THEM.

>> No.2208062

>>2208003

house loan =! cash loan

>> No.2208435

Retard

>> No.2208508

>>2207617
>this is what professionals do
>being this autistic

>> No.2208518

>>2207595
>turning a cash loan into a crash loan

anon...

>> No.2208569

>>2207595
Fucked up man, would hate to be you. What where you thinking?

>> No.2208619

>>2208569
normies don't think

>> No.2208683

Why dont you just hold?

Retard

>> No.2208755
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2208755

mony gone

>> No.2209231

>>2207996
>implying OP hasn't used leverage on his loaned 100k

>> No.2209278
File: 34 KB, 250x350, nigs.gif [View same] [iqdb] [saucenao] [google]
2209278

>>2207891
Tell me about it... 50k here, and I bought into bitcoin when it was pennies and fucking lost it LOL. kill me lord (I'm stacking now though)

>> No.2209279

>>2207595
did u put 40k into stocks or into junk?

>> No.2209290

>>2207965
ha ha ha ha

>> No.2209301

>>2207595

the economy will crash in september this year

>> No.2209311

>>2207595
>25K salary
>100K loan
Sure you did you fucking LARPing nigger
Only a total moron who has no idea how credit and banking would believe you

>> No.2209524

>>2207595
>gambling with someone else's money

Do yourself a favor: wait for next ATH, sell everything, pay the loan back

Fucking baby

>> No.2209554
File: 220 KB, 400x400, 1345514067147.png [View same] [iqdb] [saucenao] [google]
2209554

>>2209524
>someone else's money

>> No.2209631
File: 28 KB, 660x320, Selling-Digital-Downloads-With-PayPal-660x320.jpg [View same] [iqdb] [saucenao] [google]
2209631

>>2207595
>investing money you can't afford to lose
You deserve to be broke.

In all seriousness, though,
>buy the dip

>> No.2209636

You should get off /biz/ right now if you think that anyone can get a 100k with a 25k/yr salary. Seriously.

>> No.2209646

The famous motto for new cryptotraders;
"you should never invest more than what you can afford to lose"