/biz/ - Business & Finance

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Anonymous Mon Dec 14 07:01:09 2020 No.24795453 [Reply] [Original]

>24
>Bachelor in comp sci (games development)
>First job, manufacturing engineer, 3250 usd monthly
>No car, borrowed dad's shitbox
>No house, staying with parents
>Put half of my salary monthly into crypto
What else should I do to make it? What should I focus on next in my financial plan/goal? I am kinda clueless..

>inb4 "Ask your parents"
Dad is busy with his police work. Mom don't know anything about financial stuffs. I dont know who to refer to.

>>	Anonymous Mon Dec 14 07:08:55 2020 No.24795551 You won’t make it with a engineers salary alone. You have to take more risks like dumping your whole check into Crypto. Or become a pimp and manage only Fans girls, research YouTube trends and become a content producer etc

Anonymous Mon Dec 14 07:40:58 2020 No.24796047

>>24795551
>Crypto
I have been lurking for months now. Can you clarify me on this -- why should I dca into BTC ETH and LINK? Why not just swing trade them? Why is biz full of holders instead of traders? Also, am I still early or should I wait for March?

>>	Anonymous Mon Dec 14 07:48:08 2020 No.24796152 >>24796047 >Why not just swing trade them? This is how you lose money

>>	Anonymous Mon Dec 14 07:49:56 2020 No.24796185 >>24796047 Ahh the classic no experience swing trading an incredibly volatile asset. If swing trading was easy then everyone would do it anon, tread lightly.

Anonymous Mon Dec 14 07:56:17 2020 No.24796283

>>24796185
Can confirm I lost money swing trading and i thought i wasnt a total moron before trying. maybe you can swing trade on low votality with a bot. Otherwise its a nice way of getting fucked. I swing traded and won like 300 XRP but lost 600 XRP. So lesson learned I'm not touching it again.

>>	Anonymous Mon Dec 14 07:57:57 2020 No.24796311 >>24796283 on the snapshot i knew it would crash and shorted but it went so fast my timing was off and i ended up losing 100 XRP even though I knew beforehand what the market movement would be...

>>	Anonymous Mon Dec 14 08:11:55 2020 No.24796562 >>24795453 u will probably be better putting it into funds then gambling with shitcoins. or hodl btc.

>>	Anonymous Mon Dec 14 08:18:00 2020 No.24796652 >>24795453 just buy XRP man and wait for moon come join /xsg/

>>	Anonymous Mon Dec 14 08:24:00 2020 No.24796740 I put about as much as you into crypto and an IRA, currently 10% of the way to retirement and will be retired after the next crypto bull run. look up an early retirement calculator and invest more if you can afford to.

>>	Anonymous Mon Dec 14 08:28:35 2020 No.24796801 >>24795453 develop some cool games, anon

>>	CLF Chad Mon Dec 14 08:31:39 2020 No.24796843 File: 179 KB, 1078x2382, 20201212_204750.jpg [View same] [iqdb] [saucenao] [google] >only 3k monthly cute

>>	Anonymous Mon Dec 14 09:30:46 2020 No.24797965 >>24795453 Make that 1/2 into 75% or more. Aside from that you could work on side projects. Find some shit in your job that could be improved and develop a product for it, etc.

Anonymous Mon Dec 14 09:43:17 2020 No.24798220

Also, what should I do after I make it, to ensure that I stay make it?

>>24796801
>develop some cool games, anon
Eh video games are cancers now. No one focuses on gameplay or mechanics anymore. I will develop games and make musics after I am financially stable tho.

>>24796740
>currently 10% of the way to retirement
How long did it take you anon?

>>24797965
>Make that 1/2 into 75% or more.
Alright will do. What coins I should put my salary into?

>Aside from that you could work on side projects.
Working on this.

>>	Anonymous Mon Dec 14 09:46:12 2020 No.24798293 >>24796843 based cliffs poster

>>	Anonymous Mon Dec 14 09:46:18 2020 No.24798295 >>24796047 >Why is biz full of holders instead of traders? because we’ve been here long enough to learn that swingies get the rope

Anonymous Mon Dec 14 09:50:17 2020 No.24798385

>>24798220
you need to learn 1. how to make money 2. how to multiply the money you made
you should learn both from books/internet and mentors. if you put enough trust in crypto to help you with the first step then you can go straight to learning about the second step. If not you have to start a successful business

>>	Anonymous Mon Dec 14 10:09:36 2020 No.24798837 >>24796047 >Why not just swing trade them? Why is biz full of holders instead of traders? try it and find out yourself

>>	Anonymous Mon Dec 14 11:08:17 2020 No.24800355 >>24798385 >>24798295 Okay. If I want to go into swing trading, what do you recommend for me to learn?

>>	Anonymous Mon Dec 14 11:19:56 2020 No.24800655 >>24798220 I would skip the memes and just put everything into BTC.

>>	Anonymous Mon Dec 14 11:49:35 2020 No.24801371 >>24800655 Checked and thanks!

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