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24111990 No.24111990 [Reply] [Original]

What's it like to be at the following portfolio levels?

Which one is the hardest?

Which one is where you know you made it?

1. Up to $10k
2. $10-100k
3. $100k-$1m
4. $1-10m
5. Over $10m

Pic unrelated

>> No.24112016

>>24111990
i made 10k doing dumb shit online im trying to get investing now. it fucking sucks if i just bought stocks when i first started id be rich but i didnt know anything

>> No.24112045

Im sitting on 190k worth of btc and eth. Im pretty comfortable, just looking to be mortgage free hopefully after this bullrun is complete with a couple btc to hold onto after this mania

>> No.24112046

>>24111990
Wait so are eggs good for you or not?

>> No.24112081

>>24111990
>Which one is where you know you made it?
if you know, you know, simple as

>> No.24112082

>>24112045
how do you get like this?

>> No.24112109

>>24112046
imagine trusting anyone saying any kind of organic food in moderation could be bad for you

>> No.24112147

>>24112046
You should eat the bugs.

>> No.24112197

>>24112046
they are, just dont eat too much sugar when eating lots of cholesterol

>> No.24112205

>>24112082
hey anon,

I essentially was in since very late 2016. Didn't really pile into crypto heavily until about mid 2017, I was also very stupid to not sell the top in December 2017.

I been holding ever since, buying at the 6k-8k levels mostly. I even caught the dump around 4k area in the corona dump. I essentially just put as much money aside as I can to buy these savage dumps. my strategy has been dollar cost averaging on dumps.

I also don't spend my paychecks on anything but bills, essentials and crypto. I don't treat myself to nothing, I buy my wife gifts here and there but nothing for myself.

>> No.24112287

>>24111990
Going from 0 to 100k is the hardest. 2nd hardest is reaching 1M. From there is just easy to make more money

>> No.24112341

>>24112205
How do you know Mrs. Anon won't divorce you and take half in the next bull run?

>> No.24112354

>>24112287
very true, although I don't know what itslike to get a million dollars but I assume life is much easier to take advantage of various cashflow opportunities

>> No.24112379

>>24112046
EAT THE BUGS EAT THE GREENS YOU MUST

>> No.24112396

>>24112287
>Going from 0 to 100k is the hardest. 2nd hardest is reaching 1M. From there is just easy to make more money

Can you elaborate on this? Did you do it? What was it like?

>>24112354
Same question

>> No.24112404

>>24112341
she has jamal to fuck on the side while anon pays the bills + gifts, why would she ever leave?

>> No.24112422

>>24112341
well oddly enough she makes more money than me, and contributed to thee home. She is also investing in crypto now, so the half taken in a divorce situation would roughly been a fair contribution. I probably wouldn't have married her if she just made me work and invest my life away while she goes shopping drinking pumpkin spice lattes all day

>> No.24112424

>>24112404
this is why no one nice comes here

>> No.24112505

>>24112046

Good eggs from free range chickens are amazing for you. Battery chicken eggs have no nutrition and what the hell do they inject into those chickens? What do they feed them? Nothing good.

Diabetics should be eating little to no carbs. Eggs and cheese are staples for them. You can't tell someone with diabetes to go vegan. They will die painfully.

>> No.24112690

>>24111990
Wen you reach the 4th level you will have a life crisis.
The first million is the hardest to get.
That's where most people spend their entire life to get and reaching it tests your mindset to be able to make money.
Unfortunately in our current situation it's very easy to lose everything.
Keeping your wealth is very difficult.
Making is it is being able to keep your wealth in the future and increasing it to at least 5m.

>> No.24113281

>>24112205
based. Your strategy is basically the same as mine except I only started with crypto this year (have other investments though). I set aside a certain amount per month to invest but try to time the dips as well each month. So far working really well.

>> No.24113374
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24113374

Six figure hell is real. You make it through CONCENTRATION and keep it through DIVERSIFICATION. 0-10 and 10-100 were ez because it felt less consequential but losing 100k+ is much much more painful mentally.

>> No.24113386

>>24112205
> I don't treat myself to nothing
> bills, essentials and crypto
> buy these savage dumps

Spartan investing seems like the only way to make it for us middle class cucks.
Basically the same here except I buy whenever I can, I got burned swinging some of my stack. I didn't get the rope but could have.

>> No.24113428

>>24113374
Is it? The six figure link dumps I couldn't care less.
Maybe if another coin did.

And if anything these last few institutional news basically tell me "never selling" wasn't a meme, FIAT can suck a fat one.

>> No.24113707

I'm at 3.

(Nw of about 660k)

I need 2.2M to be free of work and maintain my current standard of living.

>> No.24113757

>>24111990
Eggs do not lead to diabetes, that is insane considering the extremely low sugar content.
Chadwick is a faggot.

>> No.24113767
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24113767

ive been 1, 2, and 3 over the last couple of years.

its pretty satisfying to have a net worth under 10,000 and to have it be over 150,000 in just a couple years without having to do much more than just buy and hold chainlink.

i was satisfied at every landmark along the way, my portfolio increasing in lockstep with chainlink's development and successes. from 10K to 40, 50, 60K i was pretty chill but happy. but when link ended up going from like $4 to $7 in a week i was freaking out.

then when it was going from $7 to 8 to 9 sometimes going up a dollar a day or a dollar an hour i actually knew what it was like to be a jew. i was up at my computer watching the charts having some beers and rubbing my hands together and laughing to myself like a madman. feeling yourself get much richer in a short space of time literally makes you feel like a jew. and honestly? lchai'm let the good times roll like a dreidel meshugganah. i can't wait to feel that again.

>> No.24114041

The most euphoric time for me was going from like 20-150k, that made me feel like a god. Especially as it was from a long-forgotten 3k investment years before.

100k felt good, felt like a LOT of money.

I got rekt like everyone else in 2018 but returned to 100k by Jan '19 and that felt kind of relieving but nothing much. Passing 1mil felt like nothing, no feels at all.

It's really numb after one big bull and one big bear, your brains is just fucked and you don't care any more.

My stack fluctuates by 6 or 7 figures each week sometimes, now. Feel nothing.

Nothing will beat 2017.

>> No.24114173

>>24111990
I went from $30k to $150k July - August, sold all of my crypto into stablecoins, cashed out half of it to pay off debt for my fiance and I, now starting back at 70k and my goal is $200k end of year, cash half out to pay off most of my house, and then try and aim for 5-10years til 1million. Hardest hurdle to get over for most people is 10k - 100k. You have the most to lose at this point. 100k to 500k is also rough because a 20% loss here hurts really bad.

>> No.24114330

>>24114041
>My stack fluctuates by 6 or 7 figures each week sometimes, now
what the fuck do you own? a white noise token???
fucking larping fag, kys

>inb4 blockfolio screenshot

>> No.24114385

>>24111990
I’ve got $510k now mostly all from LINK but also some ETH as well

Tbh I think the first time I broke $100k felt massive; when LINK first shot to like $3-4. I felt a similar, but less intense rush with the most recent pump going to $20 where my net worth went up several hundred thousand. I imagine hitting a million will feel cool as well. But desu I think the smaller milestones feel the biggest. First hitting $30k briefly in 2017 felt crazy and now my portfolio fluctuates by like $30k daily almost

When staking goes live for LINK and ETH I’m hoping to make 6 digits annually in passive income to have truly “made it” . Got really lucky getting into ETH early, lost a lot of it gambling on shitcoins but thank god I went in deep in LINK very early as well otherwise I’d still be pretty rekt from 2018 crash, like all the fags on reddit

>> No.24114427

>>24112046

No question they are good for you. There's zero science that says that are unhealthy.

>> No.24114476
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24114476

>>24111990
I got to 27k didn't sell and now am back to 6k

>> No.24114591

>>24112109

I agree there’s nothing wrong with eggs but that reasoning isn’t great.

Like if you went out into the woods and ate some of the organic berries, nuts and mushrooms you came across you’d be violently ill or possibly dead pretty quickly.

>> No.24114833
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24114833

>>24114591
>actually not everything natural is good for you
>do you know uranium is also natural?
>would you eat cyanide? it's completely natural!

>> No.24114961

>>24111990
100k-1m is the hardest. You could already sell and it‘s already life-changing money (e.g. paying off all of your dept or the downpayment for a house), so the pressure to do the sensible thing and cash out instead of gambling it all towards the millionaire moonshot is enormous. Many people didnt cash out their 6 figures in 2017 and then probably roped themselves after that.

>> No.24115013

>>24111990
I've been stuck between 60 and 100k for a long time. I'm hoping for a 20x this run so that I can take out $200k and wait for the next run

>> No.24115046

>>24114961
I know this feel right now. At about 350k usd in link and waiting for a few good exit points to sell half and never sell the rest

>> No.24115184

>>24114961
There’s another factor too, for most of us after you pass 100k you can no longer meaningfully add to your stack with fiat. So you’re completely at the mercy of the market.

>> No.24115349

>>24114330

You don't think 10% weekly moves on alts are commonplace? Then you might just be retarded.

>> No.24115384

>>24115184
To add to this, 6 figures in crypto is a weird feeling. It’s an amount that by normalfag standards only richfags could achieve, since its a super volatile asset, but the majority of us reach this point with it being 50-90% of our net worth, meaning we have to remove the normalfag programming from our brain and understand we still have a long way to go. That’s why you never tell anyone about your crypto. I told my dad once, of course he immediately told me to sell, I had to explain to him I’d have never made this much in the first place with that mentality, and he did actually go with it telling me that’s how his dad made it, but with stocks. So he trusts me now, I just don’t give him the details.

>> No.24115434

Any yurofags here that have above 100k?
How do you deal with taxes etc?

>> No.24115448

>>24112424
plenty of nice people on reddit, bye

>> No.24115460

>>24111990
$100k-$1mm
Not enough to make it, but enough money to make you anxious. It's the point where you have to make it by buying solid projects early.

>> No.24115516

>>24112046
Yes

>> No.24115544

>>24115434
A flight to Portugal

>> No.24115704

>>24113707
>Going through passive investment 6fig hell
>Nn shitcoins nonetheless
>Needing 2.2M
LMAO all I need is one acre and a year to be comfy. Sucks to be a useless coiner. Too many of those.

>> No.24115717

>>24111990
when I get to 10K USD again after getting cucked by inflation, I know I'll make it slowly but surely to 1 mill
HODL on brothers

>> No.24115741

>>24113767
based af. i missed the link train (only bought 50 back then for the lulz) and am a poorfag. but i got up to $8k now, hoping my shitcoins will give me the same excitement you felt. i want that.

>> No.24115837

>>24115741
“I missed —-“ is a ngmi mindset, unless you’re some genius daytrader, in which case you’d have already made it. Too many people think they need something to do a 10k x or it’s not even worth investing, thus they stay forever poor and dreaming while chasing shitcoin scams.

>> No.24115913

>>24115184
You summed up my dilemma entirely. All that’s left besides sitting on my stack is gambling on low mcap shitcoins to moon.

>> No.24115918

>>24111990
Im at 2 rn. About $30k crypto portfolio of BTC, ETH, and LINK. It's anxiety inducing. I'm not sure if I'm gonna make it or not. I'm not sure if there's gonna be a good bullrun in 2021 and if I'm going to actually be able to time the top correctly this time. If I can get like $150k after taxes, I'll be set for life.

>> No.24115947

>>24112016
You have not made it and your reading comprehension is atrocious.

>> No.24115975

>>24115434
Move to Portugal for 6 months

But yea. I same situation. Invested 2k in 2016/17. Work 500k at peak. Down to 30k at lowest. Sad for many years, tired v tired. Now back to 120k. Not sure if I will cash out at 500k or run for the 1M.

>> No.24116010
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24116010

>>24114961
>>24115184
Fuck I know this feel. $250k in crypto, $50k in physical gold/silver/platinum and gold/silver/uranium miners.

I just want enough so I can trim my positions by half and be able to buy a modest house without being in debt. Then coast on the rest of my portfolio after that

>> No.24116019

>>24115837
fair enough, you've got a point there. as a poorfag i am dreaming a lot, though, as it would help me out greatly.
also, i said i want these specific jewish feelings. i want to know what it's like. so while i did miss link's 100x (so far), i am hoping for the next one.

>> No.24116063

>>24113374

I feel this. When i first started it was all money i could afford to lose so i didn't mind super risky yolo plays, now i just want to be diverse and stay out of lowcap alts. Yes they could moon, but 95% of them just go tits up

>> No.24116068

>>24114961
This. For me it was 750k, which is the least I need to live a poverty-tier retirement in perpetuity. At that NW, leaving wagecuckoldry behind me for good actually became an option. And it was a huge struggle deciding whether to keep riding, hoping for enough to retire to a middle class lifestyle but also risking losing my ticket out of wagie hell, or pulling it all out of crypto and into index funds, securing a wage free life for myself but also resigning myself to $2500/mo monthly spending for the rest of my life.

I held on and got lucky, NW is 1.4M now. Will probably draft my resignation letter soon.

>> No.24116091

>>24115349
he said 6-7 figures. That's the difference between $1 and $10000000.

>> No.24116152

I'm at 4.

Life is still pretty shitty, got some OCD things going on and I've never had a good relationship in my life.

I knew I made it once I reached 4.
Not hard at all to keep my wealth, simply diversify to the point where you're happy about it, buy some put options on indices if you feel afraid.

I live in Europe and doesn't spend more than like $1K / month, even less now when I own my own apartment.
I probably can live on this money until I die.

>> No.24116240

>>24116152
Levels 1 - 3 doesn't feel any different. Perhaps a bit different once you start crossing $350 - $500K.

Now at level 4. I feel quite relaxed, but I worry more about people trying to use me for money and I also feel a bit alienated from people around me my age who're happy about having $5 - $10K in the bank.

I feel really fucking apathetic too, having this money probably contributes to it.

The net effect is positive, but maybe just a slight positive.

>> No.24116295

>>24116152
>>24116240
But you're not wageslaving anymore right? For me that's the whole point, that's the whole definition of making it

>> No.24116349

>>24116295
>implying you quit wageslaving before you can secure at least 2m after taxes
This is further compound by the fact that I want 2m after taxes AND the other half of my stack staying in crypto so I can try for 10m+

>> No.24116394

>>24116295
Not wageslaving, barely ever did in my life.

I began doing a degree once I made it, just to have something to do and hopefully get around people who have similar net worth.

Just sitting at home looking at porn or rolling your thumbs isn't that stimulating after a while my fren.

>> No.24116428

>>24116349
Living in Europe it's fine to quit way earlier (Maybe even $600 - $700K would have been enough) , but I could see why you might want $2M if you're living in the US.

>> No.24116478

>>24116394
Financially rich, emotionally bankrupt.
I'd say spend some time focusing on more important areas of your life while you're still young, (assuming you're young from the degree). Time is the one thing none of us are ever going to get back, so sure, make yourself financially comfy, but don't get lost chasing the money dragon at expense of more fulfilling things

>> No.24116512
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24116512

>>24116091
>That's the difference between $1 and $10000000.

>> No.24116554

>>24115704
What do you want to grow?

>> No.24116585

>>24116019
Was trying to hint at it but I’ll spoonfeed this once, link is the next one. There isn’t a new link/eth/btc every year. And if/when there is a next one, there will be organic original memes and a cult following, but it hasn’t happened yet. You are the guy looking at 10 dollar eth/btc and saying “I missed it, guess I’ll catch the next one.”

>> No.24116701

My stack was
5k in 2014
250k in 2017
150k now

I’m an embarrassment. I’m probably the only one on here who bought in early and still hasnt made it due to brainlet tier trading.

>> No.24116729

>>24115837
that's so true, so many moonboys here with this mindset... chasing the moonshot is a sure way of never making it. i think people who started with boomer stocks do better in crypto because they don't have this casino mindset

>>24115349
yeah and i will repeat myself : kys larping fag

>> No.24116775

>>24116478
I am definitely emotionally bankrupt, it seems like I have some legit mental disorders despite never getting a formal diagnosis.

Constantly feel understimulated and I take drugs / watch porn to escape that feeling.
Got into self-development for a couple of years but the effect weaned off.
It also seems like I've fucked up my libido/ability to connect from watching porn.

I've tried doing things about it in the past but it just didn't stick.
I'm almost done with the degree, I did it mainly to have something fairly interesting to due during the days and to not become completely isolated from society.

Once you have the ability to just chill all days, it becomes quite easy to just get stuck in that shit. I wish I knew what other important areas in my life I should focus on.

I'm not thaat young, getting close to 30, but still not boomer-tier perhaps.

>> No.24116979

>>24116585
>>24116729
the way i try to see it is that i'm still relatively early in crypto. i don't think there won't be a next link/eth/btc, but admittedly, i have no idea what could be the next one. i think crypto as a whole will do a big jump, though, especially when trying to visualize the future and seeing that AI, the IoT, smart cities etc. are going to happen and change the way we live.
being aware of crypto and the blockchain at this point in time and even being invested is more than a lot of people on this planet can say.
i appreciate the spoonfeeding, though!

>> No.24117047

>>24116775
Just quit the porn/drugs, I know easier said than done but that’s what’s holding you back. Never did drugs really but I’ve almost completely stopped porn and I find myself far more motivated and active day to day. Still see an escort or two once a month which is kind of a big drain on the wallet but slowly cutting back on that as well, dopamine is meant to be a reward, you can’t let yourself have it too easily or you will burn out. Its like playing a game on easy mode even after you’ve already mastered it, you feel empty and unfulfilled. Always find some new challenge, make it up if you have to.

>> No.24117050

>>24115544
Redpill me on Portugal

>> No.24117229

>>24113281
How big is your portfolio now? Do you have an exit strategy? What will you buy with your first cash out?

>>24113374
I can't imagine how my stomach would feel if I gained or lost six figures every day. I'm already up several thousand today and it's making me sick.

>>24113386
Every time I tried to swing I ended up regretting it. My gut feeling always told me to sell a few days before that coin went up 20% or more. Now I have 16 coins and I'm sticking with them and DCA. I wish I had money last week to put in because I could tell it was going to go up.

>>24113707
So you make about $100k a year? That's your goal in dividends?

>> No.24117373

>>24112046
Think about it this way. It can be both. After all which came first, the chicken, or the egg? And the cloaca is used for passing urine and shit as well as your breakfast. So just get used to the confusion.

>> No.24117435

>>24113757
Correlation is not causation but you wouldn't expect anyone who knows anything useful becoming a journalist.

>>24113767
What were you doing when LINK hit $19? I know a few people who bought that high and regretted it a week later.

>>24114041
How do you feel nothing when your money moves that much? And what shitcoins are you still holding?

>>24114173
20% loss does hurt. I went from $17k to $12k in March and wasn't getting unemployment and lost my business in a short time. Buying groceries was painful. A few months later I promised myself I would never get myself down to that level again.

>>24114476
$27k when? And how are you only at $6k now if the market is up?

>> No.24117441

>>24116729
so are the good ol' "buy n hold" and "dollar cost avarage" approaches the only way to navigate crypto?

>> No.24117664

>>24111990
Only at 2 for me.
Mostly from wageslaving.

I'm just playing the stockmarket now. The amount of shilling on shit coins is unbearable. All good coins are already way up it seems. Just holding maibly ETH and CORE now. Let's see.

>> No.24117670

>>24117229
16 coins is too much.

I actually was much more ahead when I held so many shitcoins. Today most of these coins was making my balance go to shit even at today's prices, examples are Litecoin, EOS and XRP. Xrp is finally pumping but still much lower than when I abandoned this trash.

stick to btc, eth, link, enter small postions in a few new defi kings, fuck everything else unless you're a genius at trading otherwise stay poor my friend

>> No.24117675

>>24114961
This is why I'm going to have an exit strategy at different price points when I reach that high. But I can't cash out right away because I have over $80k of debt (car, credit cards, student loans, collections, etc.) So I'd like to think about exiting after $250k. Then I would be able to buy a house with cash after taxes.

>>24115384
My relatives still don't understand this. They told me to sell all my crypto every time the market nosedived this year. I was desperate in March but after that I was buying every dip. Many of them sold out their investments and are sitting on hyperinflated cash. I'm doing a lot better than I did last year despite having significantly less income.

>>24115544
I keep seeing documentaries of FIRE obsessed amerifats retiring to poortugal and getting scammed with a piece of shit house.

>> No.24117701

>>24116979
i really don't think crypto will be adopted the way you think it will
except a worldwide change, anything that is removing power from traditional elite will be contained one way or another
make money with crypto while you still can, and reinvest it in value-producing assets

>> No.24117971

>>24117441
you can try swinging and even day trading, but you will get rekt 99% of the time
think about it: from march 2020 to now, the global crypto marketcap has doubled in value. how many people here have seen their portfolio do the same in your opinion? moonboys 99% of the time do not beat market average or the top 5 cryptos (without stable coins). the 1% that does then sell the dream to the newfags/poorfags, but this casino mindset leads them nowhere. you add onto that the idea that the more tokens you own the richer you'll get and you see people with 50,70,80% of their folio in absolute shitcoins (but so great, i have 100k of this token, if this hits 1$ i will have 100k usd!!).
if you believe in crypto, BTC and ETH should be 60-90% of your holdings, this is a basic rule

>> No.24117974

>>24115717
$10k again? What retarded trade did you make that lost your money?

>>24116068
What is NW?

>>24116152
Any plans for a vaginal jew in the future? Do you want children?

>>24116240
I can't imagine not having to keep up with all my bills and having banks and collection agencies hounding me all the time. I'll live like a poorfag just so I can go on week long road trips without getting an eviction notice or something.

>>24116701
You're not even close to the only one. I've met people in real life who had high five or low six figures and lost everything in 2018 with stupid trades.

>> No.24118020

>>24116701
No. I did the same and many others have too.

>> No.24118022

>>24114833
Yes? What was wrong with that point?

>> No.24118025

>>24117974
>What is NW?
net worth

>> No.24118070

Currently in 4. My lifestyle has not changed since I was in 2, so passing through 3 and 4 have just given me comfy feelings of security. All the levels are hard, but 4 also takes some luck.

It's a little depressing to think that I've made more money just holding onto a private key compared to the thousands and thousands of hours of real labor I've put in over the last decade of my career, but I guess that's just how it goes.

>> No.24118130

>>24117974
no I meant again, because I lost my life savings not in trading but hyperinflation
LebAnon here we were discussing it me and argentina bro 4 days ago on a thread here
hence why I am advocating crypto and never putting your eggs in one basket to all my peers
HODL on
and keynesian jews will get the rope

>> No.24118136

>>24111990
I’ve cracked a million this summer and I’m about to again. This is the hardest. Haven’t made it yet, know I will. Still harder to be patient than when I went from 80+k to 13k in 2018.

>> No.24118166

>>24117971
>market average or the top 5 cryptos
does there exist a "crypto ETF" that holds a well diversified portfolio of just those?

If not I will take your advice and get some BTC and ETH, maybe even a pinch of link. also do you think now is a good time buy in? i am completely aware that timing any market is retarded but lots of things are weird right now in financial world anyway.

>> No.24118173

>>24117229
Timing the market really is a meme, in the end the best thing is investing in proper projects.

>> No.24118179

>>24117441
Yes

>>24117670
I agree that 16 is too much, but considering I had over 60 a few months ago, that's a huge improvement. I've been consolidating into high cap alts and half of those remaining coins are under $300 per bag. Not even worth it to trade them as I can just dump them in a bull run. I also had a better portfolio back when I had more shitcoins.

>>24118070
I feel the same way. After less than a year of only investing a third of my income, I already had a portfolio worth one year of my income. Then I started to realize how bullshitty wage slaving really is and how many people in the world are completely okay with throwing their lives away like this.

If investing is this easy, why aren't other people doing this?

>> No.24118283

>>24117971
this is such a bad take. if you are not completely retarded and buy sushi, yfv, hotdog etc. you can make way more than btc maxis.
look at yfi, look at rsr and pnk. there's money to be made outside of the top 10 coins where half of it is shit like ltc, bch and bnb. will moonboys specifically make it this way? by no means a big percentage, but we do have anons who made it during the defi craze

>> No.24118302

>>24116701
Why u no buy Linkies like us brother I was at 80k in Jan 18 and 13k later that year but now I don’t work at all except on myself and my future

>> No.24118336

>>24118130
Where did you have your money outside of crypto? With money printer go brrrrrr, all countries have seen double digit inflation this year and it's only going to get worse. Everyone should buy land, gold, and crypto ASAP.

>>24118136
How did you feel watching your money disappear in 2018?

>>24118173
I was as stupid as most people on here, thinking I found the next big thing and put thousands of dollars into it only to lose half of my money a week later. I think it's part of the learning experience. I've never heard of a wealthy investor who didn't make a lot of bad trades in his youth.

>> No.24118345

>>24118166
Token Sets use the Link-Eth one it wins every time

>> No.24118347

>>24111990
I don't think I've made it but getting there. Little over $1MM net worth. My goal is $2MM.
> 1. Up to $10k
I had $10k when I was 17 in high school and felt pretty rich. Made the money myself. Don't have much else to say.
> 2. $10-100k
$10k-$50k is a comfy financial buffer but it's not really enough to make serious money from passive income.
$50-100k is when I started thinking of my money as wealth (i.e. a tool for generating passive income). $100k is pretty easy to reach for most wagies with a few years of saving and investing.
> $500k
this is the point where I started feeling rich and felt like my net worth only would go up from here. I think this level is the most important and hardest to reach for most people. It's not enough to retire in a first world country, but you can make very comfy passive income. You don't have to worrry about living expenses anymore.
> $800k+
imo it only gets easier from here. You usually have good access to mortgages (for leverage), you make enough passive income to not really have to worry about money (if you're not a consoomer).

$100k-$1MM is the only difficult range. Everything outside of that is pretty easy.

>> No.24118393

>>24118336
indeed
I had none , a few hundreds I got from online freelancing in BTC but cashed out months ago when shit hit the fan here
we suffered an 85% devaluation and illegal capital control here
(((them))) are involved especially after the beirut blast, but crypto is salvation imho

>> No.24118396

>>24118336
It sucked. I did a lot of cocaine and then my grandfather died and I did more cocaine and Xanax. In 2019 I started therapy. Then google and coinbase and life has been decent. When my grandmother passed this year I was sad (still am)but feel way more in control. I’m sure stable finances helped.

>> No.24118436
File: 536 KB, 1366x2048, popeofnwo.jpg [View same] [iqdb] [saucenao] [google]
24118436

>>24112147

>> No.24118481

>>24118396
>>24118336

The worst was the cognitive dissonance. Link made so much sense to me but no one I knew got it (even the guy who got me interested in BTC in 2016 when I was broke).

It’s hard now because I no longer wage slave and I have large dreams to help improve the world but I feel capped rn since I don’t want to sell out before the bull run. But patience is a virtue as I have learned

>> No.24118532

>>24111990
$100-$1M is the hardest and the longest anon. You can't yolo, but if you play it safe it will take a long time to make it.
t. 2.3M ath in 2017

>> No.24118571

>>24118532
I meant $100k

>> No.24118605

atm 100k-1mm
highest 1mm-10mm
hardest 10-100k

>> No.24118616

>>24118532
What happened to your money in 2018?

>>24118481
I think most people's portfolios could between 5-10x next bull run. What will you do with your money then?

>> No.24118666

>>24112046
fuck journalists. make up your own mind. eggs have 95% absorbable protein and the yolk is rich with b vitamins and good cholesterol. If you don't eat the standard American diet: soda, chips, and processed carbs with crap sprinkled on, then you wont get diabetes. Cook for yourself and don't carb load every day. Eggs are good for you.

>> No.24118683

>>24118166
there are balancer pools with stuff like that, never really looked into it to be honest
there is (almost) never a bad time to buy. set price targets for selling (both directions) and stick to your plan
remember that losses are okay and that there will always be opportunities to make money on the market, but that once you are liquidated it's over for you
check the /smg/ thread, they have great pastebins for beginner investors

>>24118283
you have the casino mindset anon
do you really think everyone here made a 2x on their portfolio from march to november? i don't think so, but they would easily have if they only bought and held BTC and ETH
i don't think you're here to make money, you're just gambling and praying that your next bet will end your wagie life

>> No.24118715 [DELETED] 

>>24118347
it's also worth considering the value/ utility of money. There's a HUGE difference (in terms of opportunities and how comfy you are) between having $100k and $500k. But I don't think there's that big of a difference between $1MM and $1.5MM. Which explains why a lot of people become more conservative when they reach a decent net worth.
Of course I would love to 2x my net worth, but I'd much rather wait a few more years and invest in safe assets than risk losing $500k and maybe make it within 2 years (e.g. having a huge % in crypto).

>> No.24118752

>>24118616
Had to cash out because of wife, so 2017 was my highest peak. I only have around $122k now 40-40-20 BTC/ETH/LINK

>> No.24118772

>>24118347
it's also worth considering the value/ utility of money and how hard it is to make it back. There's a HUGE difference (in terms of opportunities and how comfy you are) between having $100k and $500k. But I don't think there's that big of a difference between $1MM and $1.5MM. Which explains why a lot of people become more conservative when they reach a decent net worth.
Of course I would love to 2x my net worth, but I'd much rather wait a few more years and invest in safe assets than risk losing $500k and maybe make it within 2 years (e.g. having a huge % in crypto).

>> No.24118783

>>24118179
I actually still wageslave, but only because I really enjoy the work and learn new/cool things everyday and I like being part of a team (software eng). That said, I'd drop it in a second if it became a grind.

>>24116775
Lurk /fit/

>> No.24118984
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24118984

>>24112045
Same but mostly link.

>What's it like?

I basically have none of the everyday financial qualms most people deal with. I also have a lot of fiat saved up as I live on inherited land, so no mortgage/rent. I could not work for a few years if I didn't want to, but for some reason I keep working my shitty manual labor job that's probably going to give me silicosis.

>> No.24118988

>>24118683
that's the point of crypto for me. this market is not a safe investment. the 'elite' as you put it, can put a stop to it all at any time.
if you want slow but steady gains, invest in stocks. if you want astronomical gains, invest in btc in the early 10's, eth in 2016, chainlink 17/18, yfi 2020.
put a decent amount into btc and eth 'to be safe'. but why not DYOR and pick a project with a real use case you believe in?

>> No.24119062

>>24112287
i'm at around 20k now just by having a bit of extra and investing pretty conservatively. what's the best strategy from here out? (i have close to triple that savings in traditional things like mutual funds and a handful of blue chip stocks)

>> No.24119112

>>24118984
I wish to be so comfy one day
>>24118988
Just time travel bro

>> No.24119277

>>24118988
Checked but you still don’t get it and are an absolute fucking moonboi. Boomers are flipping their shit over Tesla, links had like 3-5x the gains Tesla has over the same period, and you’re here saying “not enough missed the boat, need a 1000x or I can’t cum”

>> No.24119380

>>24119277
okay but link is what it is now, not what it was over that period. you criticize moonbois but link literally mooned over the last 3 years, and a lot of people on this thread wouldn't be posting here if it wasn't for that. it's about finding the next link.

>> No.24119477

>>24118988
i think we misunderstood each other.
there are of course new coins coming out that will eventually make their way to the top 10, i'm just saying that the "all-in on my shitcoin" mindset is a sure way to have a folio performing worse than market average.
why not hold mainly BTC and ETH - currently the only 2 real cryptocurrencies - and have 20% in projects you believe in? why would you risk 100% of your investment when you could have steady, almost certain gains + a good chance at a moonshot?

>> No.24119478

>>24119380
I know it’s a broken record but only posting cause it’s the truth
>btc at $10 already mooned I need the next btc
>eth at $10 already mooned I need the next eth

If there is a next link the odds are you’ll become so burnt out and jaded on crypto from holding shitcoins that you’ll miss it. And the losers that buy link at $10 will have 10-100x’d their investments and have huge capital to reinvest when the next big thing actually arrives.>>24119380

>> No.24119499

>>24115184
I know that feel. unfortunately not at 100k but I have over a years salary in this game. Only thing that seems worth spending income on, investment wise, is new start ups. And come to think of it, it's all I look for now in crypto. I got my eyes on one now that I'm collecting capital for, biz already knows about it but I'm not gonna shill

>> No.24119507

>>24111990
I eat 12 fresh organic eggs a day, seethe harder jews

>> No.24119616

>>24119277
lmao where did i ever say that you peabrain. you're essentially proving my point. link was 20cts at one point and back then you would have told people to stay away from moonshots bc of the ICO craze. now look at it. why won't it happen again.

>> No.24119624

>>24119478
alright i get your point. thanks breh. rest assured, i will make it someday.

>> No.24119666

>>24117373
kek

>> No.24119689

>>24112046
"they are great for you" - every healthnut and fitness freak and people who pay attention to their bodies

"they are terrible for you" - the elites + their media

>> No.24119714

>>24119616
No I wouldn’t have, I’d buy link like I did. I’m not a link maxi either, I’m just saying sure fire winners don’t pop up all the time and 99% of this shithole is scammers trying to push garbage as the next btc/eth/link.

>> No.24119935
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24119935

>>24116979
It takes a while to understand crypto, but the more time you spend here, you'll learn enough to start pondering the end game of crypto. BTC is valuable because it is the most decentralized entity out there; controlled by no organization, able to transmit value, universally accepted as valuable (at least in our circles). ETH was the next step; a platform to build decentralized applications on the network, giving the entity utility and allowing it to interact with other objects virtually. LINK is the next logical step; providing accurate data from the real world to the blockchain in a decentralized way, giving blockchain access to the real world.

So what's the next step after that? This is where the money will flow to next. I'm not autistic enough to discern that from here, but as the pieces fall into place, hopefully I will see it before the rest of the pack.

>> No.24120021
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24120021

I only started several months ago, went all in on a low market cap project that I think has a really nice use case. If I manage to get a 50x from it I was just thinking of exchanging for tether and then doing the same with other low market cap coins. rinse and repeat until I get several hundred thousand OR just sell it all for link and avoid the stress of altcoin volatility

but when I see people telling me that chasing these 50x, 100x on altcoins is ngmi gambling it does make me FOMO a bit.. all I want is to just see my NW be almost £100k so I know I'm at least not a retard

>> No.24120065
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24120065

>>24114041
>Nothing will beat 2017
this

>> No.24120135

>>24118616
Well I’m building a few businesses. Currently managing about a quarter mil for other people thanks to sperging out over link in public for 3 years and then “retiring”.
As a turbo autist I’ve used music and songwriting as my own therapy as well as decoding ”breadcrumbs” extremely successful artists have left in their music. I want to change the world. So I too will make music and have a studio being built currently.
Another plan is to travel more.
Also Help both my mom and father change their lives as we’ve gone through it as a family despite them being divorced. Make sure everyone I love gets to eat.
And get faster cars. My M series is only a 4.6 0-60 =[[

>> No.24120178

Have more than 100k in link, like half this board, don't care much about short term movement, in my daily life I still live in complete poverty. It could go to zero tomorrow. I'm ready to wait 5 more years until I begin to take profit. We now have the hindsight of seeing btc growth over a decade, the patient ones are the ones who win big. Link is either going to 0 or +100 by 2025, I can't imagine still being in the 100k range.

>> No.24120217

>>24120021
A lot depends on what you can actually invest as well. I’m fortunate enough that I make six figures and live on maybe a quarter of that, so safe plays still make sense for me. If you’re looking at a total investment of less than 10k in a 6 month period, then yeah, more risk is warranted. That being said you should still take steps to do as much as you can that you have control over, and that includes making more capital to invest.

>> No.24120231

>>24119935
i think you understood what i meant. just that i'm not very well versed on the technical side of it all. so for me it's even harder to fully grasp these layers and their implications. i just believe there's more to come and crypto still has a lot of room to grow.
i picked my horses in early 2018 and most of them stopped running. i learned more and picked others which are performing better. not 100% on what the next link is, but as long as i educate myself on crypto and keep an overview i think i'll be fine, even if i won't "make it".

>>24117701
i will keep this in mind, though. thanks, anon :) maybe i'm wrong about it. i do have my share of btc and eth after all and like i said, as a poorfag, of course i'm prone to dreaming and having unrealistic expectations.

>> No.24120473

>>24120231
this analogy could help a bit
https://medium.com/@BrandonQuittem/bitcoin-is-a-decentralized-organism-mycelium-part-1-3-6ec58cdcfaa6

It's made by a BTC maxi, which I don't agree with, but it's a different perspective on crypto that I found valuable in terms of understanding.

>> No.24120591

>>24120217
>and that includes making more capital to invest.
somewhat making my way there but unfortunately I dicked around too much. I'm 24 and only just doing a masters in a lucrative field so by the time I'm 25 I will earn upward of £30k a year at least. not great I know but if I play my cards right I should be able to finally have capital to buy dips. If I can buy my own house/apartment outright by the time I'm 30 I will be happy, idc if I'm living in a boring small town somewhere

of course, ideally I can get that 50x by the time I finish. even then I won't have enough to be financially independent but it will be a significant first step

>> No.24120629

>>24111990
I dont have a portfolio. I bought a home instead of BTC @175k, sold it 3 years later at $310,000, got another mortgage for 800k to buy an old farm, and have been refurbishing it and the 2 tractors it came with. The shitty thing is it was 12k to get a satellite internet tower installed (which I rent to the local ISP for discounts) but now I have coverage all over my main property.

Last year I learned how to grow my my first crop of feed corn (15 Ha) after my neighbor (the silage master) showed me what to do. This year I plan to rent 11Ha to my neighbor and then build a cremini mushroom grow-op beside my barn.

Take the farm pill, bros.

>> No.24120893

>>24120629
>800k to buy an old farm
holy shit how much land did you get for that price? half of Vermont?

>> No.24120967

>>24119689
I always wondered what do these kikes have to gain by pushing us to eat grains and sugar? How do they benefit from an overweight and unhealthy population?

>> No.24120982
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24120982

>>24111990
100k to 1m is the most grueling shit ever. Rich enough to see opportunities. Not rich enough to execute. I hate it.

>> No.24121036

>>24118166
TokenSets, PieDAO or just plain old Balancer.

>> No.24121297

>>24119689
>there is a coordinated global conspiracy to make people stop eating eggs
get meds. fast.

>> No.24121890

>>24120967
>what do these kikes have to gain by pushing us to eat grains and sugar?
probably because the sugar is addictive, and fatties overeating by a lot means they buy a lot of (((food)))

>> No.24122021

I’ve only invested in Chainlink and honestly you don’t feel much. Started with 18k cash, once you hit 100k you get vindicated and know you made the right choice. Then from there at ATH I was sitting around 1.12m and felt nothing. The OGs know what they’re holding. You’re never rich before staking as it’d require you to sell aka NEVER FUCKING SELLING

>> No.24122103

>>24122021
also experiencing all the drops, up 50k then down in the red, up 1.1 million down 700k+. It makes you numb to any pumps when you have such conviction as to 81k and beyond being very likely