/biz/ - Business & Finance

[Anonymous No.24524484]

I came to the realization that I will never be wealthy. Sure, I might make money off this bullrun but I'll maybe just buy a house.

I'll never be truly wealthy. I'll have to work forever. I'll never make it

[Anonymous No.24524543]

>>24524484
Find a job you enjoy, live frugally, invest sensibly and enjoy your life, anon. You can still put 5-10% of your income into moonshots on the offchance one pays out.

[Anonymous No.24524590]

Stop being a bitch, all you need is a few million and you can retire if you live frugally. That is achievable for ANYONE with a little bit of dedication

[Anonymous No.24524819]

>>24524484
if you keep working towards it you will eventually get there.
it took over a decade to become a multimillionaire but I did it. in the beginning I thought this would never be possible but I made it.

[Anonymous No.24524843]

>>24524484

lmao with that attidue you will be 100% correct

nobody's guaranteed success, but giving up guarantees failure

[Anonymous No.24524902]

Focus on needing less money instead of making more.

[Anonymous No.24525074]

>>24524484
i have 80k$ portfolio, i just wanna make enough for 20k passive income per year to live frugally. i need 400k for that in upcoming bullrun

[Anonymous No.24525109]

>>24524484
Yeah you can. It just takes time and discipline.

[Anonymous No.24525138]

Depends how much you want to stop working. A passive income of $50 a day is more than enough to live off of, albeit not in the lap of luxury, if you can rough it or crash with your folks.

[Anonymous No.24525201]

>>24525074
bitcoin will go at least 100k in 2023 or sooner. You will make it.

[Anonymous No.24525313]

You're gonna make it.
We're all gonna make it.
Don't give up anon, that's what poor people do when they can't afford hope.

[Anonymous No.24525318]

>>24524484
Why do you have to buy a house I intend to go a few years in different hostels around the globe purely on monthly dividend income.
I will be living cheap though but it isn’t any different from how I’m living now.

>I’m hoping for mid six figure outcome

[Anonymous No.24526105]

>>24524484
Wow, first world problem got you down? Have you tried not being a pussy? Good luck.

[LebAnon No.24526177]

>>24524543
this so much
>>24524484
remember anon
you don't have to be wealthy
you just need to achieve FIRE
live frugally indeed but remember to enjoy life, never keep your eggs in one basket and always dca into BTC
I've lost everything but slowly gonna make it back
passive income is the key
good luck brother

[Anonymous No.24526559]

>>24526177
>I've lost everything
greentext?

[LebAnon No.24526580]

>>24526559
gimme a couple of minutes

[LebAnon No.24526832]

>>24526559
>be 25
>wage for a couple of years while paying off uni fees
>get CS degree
>feelsgoodman, working part-time shitty job upgraded to internship during senior year
>get full-time job
>fast forward a year I get a better offer; take it
>live frugally, pass out on life to save up enough and gtfo to study and get a better life
>economic crisis starts to happen
>financially raised to just keep savings in the bank and get interest
>people protesting they can't withdraw any money
OHSHIT moment
>I have 10k USD worth of Lebanese lira
>People can withdraw 200$ per month in cash
>central bank governor says lira is fine no worries
>keynesian raised that all is good
>Lira to USD starts to go even further
>civil unrest, protests, people can't get a single dollar
>black market rate starts to affect all goods and imported food since we basically have nothing local produced
>get laid off and unemployment is on the rise
>work a part-time job making 200$ worth of LBP
>had BTC and some anons sent me some when I made a thread about this, cash out for USD
>have around 1.8k cash at hand
>wagie cagie time lost
>fuck depression, I get tasks on plebbit and make friends online to get tasks that pay in crypto
>cash them out here for USD using peer-to-peer groups, exchanges always blacklisted us and the banks always said CRYPTO bad
>lurking /biz for a year, become based austrian economist
>fuck keynesians
>never keep your eggs in one basket, INVEST in crypto don't trade, achieve FIRE any means necessary
>fuck banks

[LebAnon No.24526852]

>>24526832
it's one of the rare greentexts I write sorry if it's not that good

https://www.reuters.com/article/lebanon-crisis-salameh/update-2-lebanon-central-bank-can-keep-subsidies-for-only-two-more-months-governor-idUSL1N2IH2HU

https://english.alarabiya.net/en/News/middle-east/2020/12/01/Lebanon-s-Central-Bank-Governor-Salameh-says-he-is-independent-and-not-corrupt-

https://english.alarabiya.net/en/business/economy/2020/12/01/Lebanon-s-economy-has-plunged-into-a-deliberate-depression-World-Bank

https://english.alarabiya.net/en/business/economy/2020/04/16/Lebanon-s-economy-to-have-biggest-plunge-in-the-world-in-2020-IMF

https://english.alarabiya.net/en/features/2020/07/07/Lebanon-s-economic-collapse-is-slipping-out-of-control

https://www.wsj.com/articles/lebanons-central-bank-fuels-corruption-extremism-concerns-11606744393

https://uk.reuters.com/article/uk-lebanon-crisis-students/lebanese-students-abroad-fall-prey-to-financial-crisis-at-home-idUKKBN28A1I9

https://www.worldbank.org/en/news/press-release/2020/11/30/lebanon-is-in-a-deliberate-depression-with-unprecedented-consequences-for-its-human-capital-stability-and-prosperity

https://en.wikipedia.org/wiki/Lebanese_liquidity_crisis

https://www.nytimes.com/2019/12/02/opinion/lebanon-protests.html

some reading if anyone's interested

[LebAnon No.24527388]

wrote a greentext for a dead thread lmao