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/biz/ - Business & Finance


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24703248 No.24703248 [Reply] [Original]

Seriously this board may be the smartest in the whole 4chan and thank you the anon who have me 1 monero and some etherum, you're my hero.
But seriously how many percentege on this board right now is already rich and is making bucks without much effort?

>> No.24703362

>>24703248
we are all poor retards
some of the poor retards just happened to be earlier than the other poor retards
even after we break $1M we will continue to be poor retards
>ask any poor retard that broke $1M already

>> No.24703496

>>24703362
I don't think we only have "Poor retards", there's some really smart minds here, rather it's an investor or a thief..
Now how can one be a poor retard with 1m worht of USD? That's a lot of money even for americans.

>> No.24704201

>>24703496
I'm high iq with a lieutenant colonel link stack, but I'm a poorfag neet and haven't taken any profits since 2017, going to either make it or kms, and 680k$ isn't making it.
I spend my day telling people to buy shitcoins like xrp and I was salty as fuck when my ironally shilled shitcoin pumped and my stinkies didn't.
But I know I'll make it this bullrun so now I'm just preparing myself for being rich, I'm already talking shit about poorfags.

>> No.24704266

>>24703248
>50% poor crypto retards
>10% rich crypto retards that got lucky
>10% small business owners looking for actual threads about business
>30% wagies

>> No.24704278

>>24704201
give your mother some fucking rent you leach

>> No.24704315

>>24704278
got 4600 usdt in binance from the unigibs in september (got 1200 uni i sold >3$ to buy an rtx3090 then decided I'm no consoomer) so I really should.

>> No.24704322
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24704322

>>24703362
the trouble that troubles me is that by the time many anons make a million, the fiat currencies of the world will be so inflated as to be relatively worthless
don't let this put you off though, because we are still early to the crypto race and although 1million wont be worth what it is today in 5 years time, there will still be many poorfags who don't even have 10k

>> No.24704440

>>24703248
>Seriously this board may be the smartest in the whole 4chan

Lol

>> No.24704898

>>24703248
From the post quality, there's about 2% who have some real $$$, another 10% who are on the way, and the rest are buttmad complainers trying to doom themselves. There's a few who haven't made much effort, but for the most part those who have funds actually do work at it, just not in the way that most people see work. Anything done in a systematic way takes time, energy, and effort.

Most anons here are not rich, even if they have $. The post energy is generally filled with striving, lack, and want. Many posts ring with desperation, even while they claim to have $. That's what it seems to me, at least. I have a quarter mil across various materials producers, minersand metals, physical PM, and some crypto, so by most people's account I've not 'made it', but I'm rich beyond measure. Time rich, because I'm retired. Experience rich, because life is awesome. Profound and meaningful relationships that allow me to fulfill others dreams as much as I can. This is true wealth. Money is just an excuse.

>> No.24704950

>>24704898
Am I reading this right? Did you retire at 250k net worth? Are you 80?

>> No.24705001

>>24704898
you sound like a fag. buy link

>> No.24705011

>>24704266
/biz/ traffic is 50% shills/bots, 10% tourists, 20% on topic anons, and 20% shitposters

>> No.24705066

>>24704950
he is probably nigger-retired, IE: medically retired from a government job, and collecting about 3k a month in combined retirement and disability

>> No.24705135

>>24704950
Depending on the country I think it's possible to retire with it, and if you don't pay rent and stuff even better.. minimal life brings us there.

>> No.24705181

>>24703248
Highest IQ boards on the whole site are /biz/ and /g/

>> No.24705218

>>24705135
>depending on country
like...niggeria? lagos, maybe?

>> No.24705288

>>24703248
>But seriously how many percentege on this board right now is already rich
The answer to this varies day by day, even hour by hour. We are all degenerate gamblers who chase absurd fantasies that cause us to suffer tremendous boom and bust cycles.

>> No.24705317

/biz/ is low iq, evidence being the desperate poorfags falling for every scam and rugpull that is posted here (posted here because /biz/ is full of idiots who will fall for it).

/biz/ is an IQ TEST, there are valuable indicators on this section of 4chan about market sentiment and scam-trends. Knowing what is hot lets you know what is the most targeted and volatile for scamming (defi atm, many of you rememeber powh games and related things a year back).

If you can pass the IQ test you can make good calls on when to throw money at particular trends. For example, back in 2017 when BTC was near 20k, this place was an absolute madhouse. Total bedlam, 24/7. Now? It's dead. Nobody cares that BTC hit ATH recently.

This is an IQ test. What does low enthusiasm for new BTC ath mean?

Combine this with the fanatical cult following of certain shitcoins, and the regular insistance that "we will all make it in the next bull run when our shitcoins 100x just like in 2017".

To me, my answer is "Bitcoin and maybe ethereum destroy everything long before any new mass-market bull run occurs".

>> No.24705340

>>24705135
living a minimalistic life =/= just being poor

250k is just poor if you're talking about retiring.

>> No.24705478
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24705478

>>24703248
/biz/ is the 4chan neet elite.

>> No.24705628

>>24704950
I'm 32. Technically it was 300k when I left my job a couple years ago. People act like there's retirement police who will arrest you if you're not sipping mai tais on a beach. Don't get hung up on the word. I could just as easily say I'm taking a break from work indefinitely. It's just a mindset about autonomy that passes over people's heads.
I also teach yoga to a private clientele, coordinate workshops and coaching through my business, things like that. The important thing is that I don't need to work, I'm happy and totally capable of sitting on my ass and travelling for years with no cash flow, like I have been for a coue years now. Swinging a couple grand into options or a shitcoin generates cash, and it's fun buying physical PMs with profit and then exchanging that for living money.

>> No.24705649

>>24705628
Nice man, living the life you want is all that matters. Live on.

>> No.24705719
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24705719

Serious question for the neets. Whats the bare minimum liquid cash you would consider to be making it?
Context: 30yo wagie with 1m liquid, I want to quit and never wagie again with passive income, how much more do I need? Ty and have a sword

>> No.24705747
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24705747

Sounds like you have an optics problem OP

Everyone here is making money

>except crypto faggots

>> No.24705836

>>24705719
You can spend 3-4% of your net worth per year out of the interest without touching the principal. 1 mil is around 40k a year which is pretty good as long as you have a fully paid of car and house. I would recommend having a part-time job just to keep you busy and for some extra cash.

>> No.24705894

>>24705836
Just invest is passive safe shit. Here's a portfolio example
>5% cash
>5% bond
>70% broad index funds or stocks
>5% crypto (no shit coins)
>15% real estate (rental property)

These percentages would change depending on how big your portfolio is though.

>> No.24705942

>>24705836
>>24705894
Thabsk my dude, I've never had money, this whole thing took me by surprise. I never thought I'd get off the wagie train.

>> No.24706066

>>24705942
No problem man. Making money is the easy part, keeping it is hard. Dont be dumb with it. Maybe watch some YouTubers about personal finance and dont fall for scams.