/biz/ - Business & Finance

[Anonymous No.25240811]

Do you shill crypto to your family and friends or strictly keep it to yourself?

[Anonymous No.25240843]

Never discuss finances with friends or family, letting yourself in for a world of hurt in multiple ways in doing so.

[Anonymous No.25240908]

>>25240843
Absolutely.
Once you do, you become the family's cashcow, because the average normie is not finance-literate.

Unless you know that one uncle who actually is redpilled on the consoomer life and uses his money wisely.

[Anonymous No.25240993]

>>25240811
they would never understand
they didnt even believed me that we arent backed by a gold standard anymore, not sure if stupid or incredibly dellusional
stuck in 1970 forever

[Anonymous No.25241070]

>>25240843
>>25240908
>>25240993
Guess I'm surrounded by degenerates because either people are maxed in Tesla (in since 2019) or hold crypto. My dad was suggesting me to put in $10,000 each back in September but ended up not doing it... ragrets

I know it's best to shut your mouth but the discussions can also be entertaining

[Anonymous No.25241744]

told my parents to use their uninvested $5000 in superannuation to buy bitcoin at the start of december but picking up the phone to call their accountant was too hard. it's up 40% since then. fuck them.

[Anonymous No.25241766]

yes. i purchased bitcoin and sell it to my friends and family at a higher price.

[Anonymous No.25241921]

>>25240843
>>25240908
Lol just tell them to fuck off.

There's no reason you can't be open about these things, if you're able to stand your ground.

[Anonymous No.25241964]

Gave dad 0.01 BTC on USB stick so it would tempt him to look into it.

[Anonymous No.25241997]

>>25241766

[Anonymous No.25242035]

>>25240811
keep to self. if you involve family it will turn you into a woman

[Anonymous No.25242579]

They know I'm into it since I shilled some of my friends on it back in 2013. None of them bought. Now I only talk about it when asked by a friend. Had only one reach out this bull run and got him in BTC around 10k so I'm feeling pretty good about that.

[Anonymous No.25242604]

I tell them I do Internet investment but never mention my losses. As they don't know much I spent they must think I'm doing great lol

[Anonymous No.25242649]

>>25241744
>picking up the phone to call their accountant
Do they not control their own money?

[Anonymous No.25242702]

>>25240811
I used to in 2017. Now I don't give a shit anymore.

[Anonymous No.25242758]

>>25241070
wat?
you told your dad you're into crypto and he actually gave you sound advice on stonks which would've given you a very nice return and you ignored it and that's why you shouldn't have told him? Or what are you trying to articulate?

[Anonymous No.25242763]

>>25240811
I've told my father but he's a boomer who isn't interested or understands it
But he's happy for me that my investments are doing well.

[Anonymous No.25242787]

>>25241921
This. If anyone asks, I tell them about it.
Whenever anyone asks for investment advice I always say the basics:
>i am not responsible for what happens to your money, this is only advice
>never invest in something you do not understand
>never invest in something without having a thesis for that investment
>the safest thing is to buy SPX periodically and not care about it

[Anonymous No.25242806]

I did in 2017. Not anymore.

[Anonymous No.25242875]

>>25240811
I told my friends about bitcoin years ago one of them listened and has made a tidy profit the rest said it was a scam and are now forever butthurt that made and him got in early.

[Anonymous No.25242899]

When I first started buying I mentioned it to my cousin and he was uninterested so I dropped it.

Later at a holiday party with family I mentioned it and immediately regretted it and stopped talking about it. A year later people asked me how it was going and I gave a noncommittal answer so I think they assumed I lost money and politely stopped asking me about it. Nobody mentions it anymore thank god but if they do ask I'm going to say I sold it all in March to put in stocks and I doubled my money (on stocks) but that's it.

The goal now is to make it big, cash out, never work for anyone ever again in my life. If anyone asks I'll just tell them not to worry about where I'm getting money.

[Anonymous No.25242913]

>>25242758
Bought first BTC back in 2013. Told dad later around 2017, both threw money into it during that run and just went positive this new bullrun. He suggested we threw in $10,000 both back in September in crypto but a mix of afraid and my bank not allowing hold me back. The plan was to have 1 BTC and 42 ETH each.

He invested in Tesla too, still holding but not up much more than 50% or so, even with this insane bullrun this year.

[Anonymous No.25243070]

>>25240811
I told my family about LINK and told them to buy at 20 cents and they didn't do it. Now I just smile extra wide when I see them. They have NO IDEA and never will. EVER.

Imagine if we ever hit $500 and its on the news or some shit. I wonder if they'll know.

They still think I'm poor.

They don't even know how much DIA i also now hold and likely also never will.

[Anonymous No.25243189]

i coinfess, i shill this pump and dump discord group to everybody to get rich while dumping on you discord.gg slash 5Tq7qxkkRv
please dont tell anyone

[Anonymous No.25243377]

>>25243070
Same fren, same. The biggest blackpill is realizing that even your own family is most likely too retarded to understand crypto or even basic investment strategies. When pic related was discovered, that was when I started shilling to my family and no one bought even a dime. Both of my sisters are wagecucks to the max, and one of them is a fucking economics and finance double major and she is still completely uninterested in buying crypto even after I show them my 10000% gains and fucking shit on them for not listening to me. The only saving grace is that I got my dad to throw a ton into btc and link this year back in like april/may, so now I am doubly financially secured because I convinced him that I deserve custody of all of his tokens because I know their true value. Fuck, if my sisters get any crypto, they will sell it immediately and go buy a new laptop or car or some bullshit. I just love being so so so smug around them now, it really pisses them off, but I am their based lil bro that will never give them a dime but always flex on them for being so wrong when I was so right.

[Anonymous No.25243665]

>>25243377
bad news bro:
your dad is going to give it to your sisters because they need it more

[Anonymous No.25243740]

>>25240811
i don't shill but i talk about why i invest in bitcoin and where i think it will go. but they don't buy and i don't press the issue because the risks are real enough.

[Anonymous No.25243826]

I pretend as if I don't even know what crypto is

[Anonymous No.25244015]

>>25243665
No. My dad revised his will for this exact reason so that I am the sole inheritor of his assets in the crypto and financial markets. He didn't buy when link was 20 cents because my DOUBLE MAJOR ECON AND FINANCE sister flapped her stupid fucking face about how it wasn't worth the risk. My dad is smart enough to realize that giving money to my siblings would be like throwing it into a garbage disposal. I have turned the peanuts I was earning as a milfag into a massive fortune that fucking mogs what most people will ever have in their entire lives, all because I listened to /biz/ and really spent time researching this shit and understanding it and apeing all in whenever I could. I know fully grown adults that only have like 3 grand in savings, and it is all in cash. My sisters will never know the glorious feeling of a 100x+ investment, or the horror of an 80 percent capitulation. I have held through all of it, and never ever once has the thought of selling entered my mind. I will get all of his investments, and I will hold them with care until my entire legacy is financially secure and then I can invade the holy lands with a mercenary army and take control over what has been Christianity's all along - Israel.

[Anonymous No.25244114]

told my parents about bitcoin in 2016 when the price was like $600 per coin, and my brother-in-law in 2017 when it was about $4000 per coin. told my boss about bitcoin in 2019 when we were around $8000 per coin. none of them bought or ever asked about it again, and i don't want to be the obnoxious evangelizer so I won't bring it up anymore.

[Anonymous No.25244176]

>>25244015
take your meds and stop larping

[Anonymous No.25244196]

>>25240811
My family harassing me to show them how to buy crypto. I refused to cooperate.

[Anonymous No.25244261]

>>25240843
This. I have one friend whom is also in crypto, thats it. My family is told old school to understand. My coworkers, back in 17 like over lunch one day it came up and i casually told them all to buy at least one and hold forever. They all scoffed, one side it finaces terrorism and all the other gold bug globo retorts.

[Anonymous No.25244286]

>>25240811
paid my brother in btc for some decorating he did for me, he has since gone full degen and gambled on margin trading and xrp. He would have way more if he'd just held the btc i gave him, but im not giving him financial advice. Zero chance he would listen to it anyway. None of my family or friends (or my girlfriend) know how much i have in crypto

[Anonymous No.25244332]

Convinced my brother to buy ETHcand Chain link back in 2017. My sister bought a small amount but was too much of a brain let/spent all her money on the travel meme (read: getting drunk in SEA). Also got my mum to buy ETH and later Chainlink when it came out on Coinbase last year.

They all knew how convinced I was and trusted me since I'm the smart one of the family, none of them ever really had enough to invest in stocks so no boomer financial brainwashing holding them back. None of them have made as much as me and I was very clear the whole time that I have no idea what the price will be in the short term, but I'm trying to take them along for the ride because I love and care about them.

[Anonymous No.25244359]

>>25240811
i told my dad to drop 2.5k at btc when it was $150, he called it a scam, so no.

[Anonymous No.25244403]

Honestly, the most infuriating part so far is when normies or “financial literate” person are all in BTC but
>don’t understand the technology
>doesn’t know the markets and the rug pulls that happened behind the scenes
>doesn’t know about alt coins or the fact that essentially it’s all just 1 and 0s that could potentially be gone suddenly

Specially now with these coronavirus shit, devaluation of the dollar, China overtaking the us economy, American/Chinese trade wars and even the ripple/XRP suit that could seriously make or break tons of people (not shilling or being a schizo)
The most infuriating part is trying to reason with these people that potentially all the wealth won’t mean shit unless you diversify your assets or buy secure investments (Property, firearms and even precious metals) specially on this board, which is full of Pajeet scammers, bots and financial illiterate dopamine addicted retards that don’t understand that any moment now, they can pull the plug and then your “funny internet money” is virtually gone forever
>inb4 shill
>inb4 fud
>inb4 you mad you FOMO
No retards, I just don’t have tunnel vision and realize the reality behind crypto and bitcoin specifically. It’s dead tech, it’s only a matter of time before it gets centralized and then your 27k coin will be reduced to either nothing or you’ll be richer than you’ll ever imagine, but the chances of one or the other are super slim and you’re essentially almost always gambling with crypto overall.

[Anonymous No.25244407]

>>25244332
what is it with people and getting drunk in foreign countries

[Anonymous No.25244438]

Told literally every white person I knew so we could all band together and buy up all the land in our area and raise the rent on all nonwhites.

[Anonymous No.25244477]

>>25244176
I see that you are a kike, I'll have you know that I DO medicate with medicinal psylocibin and weed, just not your kikish chemical castration tools and mental erosion tonics.
You and your kind will not exist beyond the 21st century because you are backstabbers and charlatans to the very core. Christianity will rule again, and the Holy Roman Empire will be reborn on the back of the 1st world collapse because of kikes. You lose :)

[Anonymous No.25244494]

>>25244477
Holy fuck based digits. Yeah fuck kikes, get out of this board. You’re not welcomed here

[Anonymous No.25244590]

>>25244114
Was always into investing since high school, roughly 20K in a roth ira. Aggressively paid of student loans with money from work. Found crypto in 2019 though it was cool and a need investment. Started buying 25 dollars each paycheck. If only I wasn't such a cautious pussy at the time I would have dumped everything into it back then. Finally graduated this year and had a real full time job. Make more than most people I know but live like a poor throwing all my extra income into crypto. Friends and coworkers always laugh when I tell them to invest. Most won't even at the minimum own an index fund and instead blow thousands a month on luxury apartments and expensive clothing.

[Anonymous No.25244638]

>>25244403
> t. seething nocoiner

[Anonymous No.25244705]

I only shill the right cryptos to my family like BTC, ETH and INJ.

The cryptos that have real use cases and the potential of going to the moon.

So far my family has been really amazed with INJ!

[Anonymous No.25244811]

>>25244477
jesus you are out of your fucking mind alright.
magic mushrooms only explain half of it.

[Anonymous No.25244851]

Only crypto investment I've disclosed was cardano, and only to my brother because he asked me about crypto.

[Anonymous No.25245324]

>>25244811
How dare you utter the Lord's name across your filthy lips, judenrat. You will be strung up and quartered once the rest of the world catches on to what you and yours have tried to do since the beginning of civilization. Political correctness is dying fast better start planning your escape now :).
>SSRI's cause permanent genital disfunction in a majority of patients that take it long term: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4970636/
>Lithium treatments have permanently disabled and ruined the lives of countless people.
https://www.igsli.org/general-information-on-lithium/adverse-effects-of-lithium-salts.html
>Psilocybin is literally a miracle drug that cures depression, alcoholism, smoking habits, and can put you face to face with God.
https://www.scientificamerican.com/article/johns-hopkins-scientists-give-psychedelics-the-serious-treatment/
Of course kikes don't want people using real medicine, like regularly microdosing every week or two. They want the goyim to be mentally and physically enslaved to the (((opinions))) of Dr. Goldberg. However, you will fail because our spirit is strong. You will always and forever be damned to exile and subjected to the disgust of your fellow man because you worship the literal embodiment of all that is evil in this world.
>https://en.wikipedia.org/wiki/Expulsions_and_exoduses_of_Jews

[Anonymous No.25245472]

>>25244811
“Blessed are the peacemakers, for they shall be called the children of God” (Matthew 5:9)
“I did not come to bring peace, but a sword” (Matthew 10:34)
Jews even try to make Jesus into a complete wuss when it comes to justice. EVIL WILL BE DAMNED TO HELL FOR ALL ETERNITY AND JESUS WILL BE MY GENERAL LEADING ME TO BATTLE.

[Anonymous No.25245539]

>>25240811
I did. Shilled it to my dad in 2017. He waits until now to ask how to get in. I tell him it's a bad time because it just pumped, he tells me he's only going to put a couple hundred. Tells me everyday his couple hundred went down and doesn't get the hype. I just told him he should sell and stay out of it.

[Anonymous No.25245616]

My family is mostly uneducated when it comes to money, they live from paycheck to paycheck. There is no use discussing money with people so dependent on credit, since it's obvious that there's nothing to invest with if you don't live bellow your means.

[Anonymous No.25245643]

they all laughed and called make believe

[Anonymous No.25245684]

>>25240811
Nope, helped with stocks though.

[Anonymous No.25245724]

earlier this year I told my mom to put her stimulus check into BTC, I showed her that I put mine into it and told her how to set up cashapp (the easiest way I could imagine that she could get it) She was really pissy with me about it any time it came up for a few months but I don’t fucking care because it gave my little sister a DANK Christmas and gave her a nice couple G’s to throw at her retirement account.

I also shilled some of my closest normie friends on LINK in early 2018 and they called me a retard and are all very fucking quiet about crypto now.

[Anonymous No.25245736]

>>25240811
I don't shill it, in fact I've told them not to buy it multiple times (they always ask if they should buy when it's at a local top)
I don't trust that they won't buy high/sell low so I tell them not to buy it
They already got burned once when they ignored my advice and bought the top in 2017
although I have explained how it works to them and why it's significant

[Anonymous No.25245741]

A lot of my extended family and friends disowned me after they lost a combined £350k on Bitconnect. I lost £60k but am back in the green due to BTC.

[Anonymous No.25245853]

>>25244638
I actually have coins and have followed it closely since 2009. I’m just telling a reality that many of you cocksuckers seem to ignore.

[Anonymous No.25245893]

>>25240811
shill it to my brothers and take money from parents to invest for them.
you dont want to be the only family member to make it big otherwise you will be footing the bill for everything

[Anonymous No.25245970]

>>25245472
yep too much mushrooms

[Anonymous No.25245999]

>>25245324
take your meds schizo and stop larping!

[Anonymous No.25246423]

I always tell my friends ive lost money in crypto rugpulls whenever they ask. They will never know the truth

[Anonymous No.25246644]

I tried getting my dad to buy with me last year but overall no
>He was into HOT

[Anonymous No.25246846]

>>25244015
Based

[Anonymous No.25246998]

Guys, I´m new to all of this, where can I buy Crypto and how do I pay for it ?

[Anonymous No.25247141]

>>25240811
Ive tried telling my close family but all of them either dont care, or are too poor to afford it.

[Anonymous No.25247149]

>>25240811
Everytime I talk about anything related to finance I get either fear or anger in response. So I just stopped bothering.

[Anonymous No.25247204]

>>25246998
I use Coinbase. And you can buy it using debit card or bank account. But im fairly new myself so i dont know everything.

[Anonymous No.25247224]

>>25240843
>>25240908

I don't understand this. I'm still living with my parents until I graduate college and find a job and I hate mooching off them. Makes me feel like a POS.

[Anonymous No.25247677]

>>25245741
greentext pls? What coins?

[Anonymous No.25247825]

>>25243377
You sound like an insufferable prick.

[Anonymous No.25247867]

Got my little brother to invest his allowance into Link in 2017. He goes to college now and has bigger stack then most of the nulinkers here.

I was trying to educated a guy at my work about crypto. He was into stocks and thought crypto was a scam. After about a year of shilling and humble bragging he finally understood and started looking into it seriously.

[Anonymous No.25247869]

>>25244015
>I will hold them with care until my entire legacy is financially secure and then I can invade the holy lands with a mercenary army and take control over what has been Christianity's all along - Israel
I take it back. You're awesome.

[Anonymous No.25248003]

>>25240811
My mom is into investing stocks a lot so I shilled her crypto and convince her to buy some bags. Nobody knows how much crypto I personally have.

[Anonymous No.25248186]

>>25247224
If you had kids would you kick them out or would you help support them during a critical time when they are laying a foundation for the future themselves?

So long as you are working hard for your future any sane and respectable parent should do what is best for his children to ensure generational success. Kicking your kids out the moment they turn 18 is anti-family culture that was popularized due to kike subversion of our society.

[Anonymous No.25249100]

Unless they ask and express genuine interest, this shit is mine.

[Anonymous No.25249130]

>>25240811
I told my dad to buy bitcoin with me when it was 3.6k.

He didn't.

[Anonymous No.25249575]

>>25240811
I tried, got ignored by friends and my brother told to my mom "crypto is for fools, the price goes up and down"... After that, never more.

[Anonymous No.25250009]

>>25246998
if you're truly a newfag, do not under any circumstances buy anything shilled here that isn't bitcoin or ethereum
99% of recommendations here are literal, unironical and actual paid shills looking to scam people into buying useless shitcoins
start by buying the "safe" ones, lurk for at least a month, digest as much information as you can, and only then, if you really feel like you're starting to grasp the crypto space, start looking into buying altcoins
in the meantime, I insist that you do not buy anything shilled here, no matter how vehemently, if you don't want to lose your money like a retard
if you want a recent, explicit example, just look at what happened to all the retards who bought XRP, one of the most shilled tokens on this board for years

[Anonymous No.25250039]

>>25244015
BASADOOOOOOOOO

[Anonymous No.25250359]

>>25246998
>>25247204

dont use Coinbase, worst exchange rates there are

[Anonymous No.25251210]

>>25244015
Based

[Anonymous No.25251320]

>>25244015
godspeed

[Anonymous No.25251350]

>>25240811
I did and none of them bought.

Now they're all asking about, they wanna buy the ATH.
I just laugh and ignore them.

[Anonymous No.25252461]

>>25240811
Only if i think theyre a good person and should get gains for their family. But i only shill it once, wont keep pushing it. Its up them to care about their financial future not me.

[Anonymous No.25253464]

I do shill the one I am absolutely sure of, like INJ, shilled it when it was 0.75 now its 5 usd and its still has more room for growth

[Anonymous No.25253761]

>>25244015
Yes!!!

[Anonymous No.25253843]

Only told close friends to get in, and got them involved in crypto without telling anyone how much I have. When link goes on its next run, they’ll know I’ve made it but I’ll probably never disclose the amount. It’s not fun if your real friends don’t make it. Have to try to help the ones you love, and after I did they’re knee deep in and thankful.

[Anonymous No.25253909]

>>25242649
Oy vey, you can't just invest your money in anything without professional advice goyim.

[Anonymous No.25254253]

>>25244015
Is it too late for no coiners...

[Anonymous No.25254420]

>>25244015
You
Are
Insane

[Anonymous No.25254506]

>>25240811
2012 learn about bitcointalk.org, broke as shit, wanting to mine bitcoin, pops calls it scam gg

[Anonymous No.25254560]

>>25244015
kill yourself larping nigger

[Anonymous No.25254652]

>>25244403
>pic related is you
Everyone on earth has a price that they will bend the knee. Yours is obviously not $30,000, but higher. You'll see the light one day.

[Anonymous No.25255043]

>>25240811
>family and friends
Literally who?

[Anonymous No.25255293]

>>25244015
So worth reading through to the end. Fan-fucking-tastic.

[Anonymous No.25255394]

>>25244015
Based schizo.

[Anonymous No.25255437]

I lie about how much ive invested. I am all in, but nobody needs to know that, all they know is that I know what im doing and have made an extra couple of grand while im not working. Instead I have doubled my savings of 20k and for once have faith that I might make it. A couple of my siblings have bought 1k USD worth of GRT at 50 and 55 cents however, but im sure they will be fine, they wont lose that much if at all

[Anonymous No.25255459]

>>25244477
INCREDIBLY BASED

[Anonymous No.25255544]

Never discuss it with anyone. They will a) blame you when they fomo buy high and panic sell low b) ask you to fund their *business* c) extort and black mail you d) gossip About you having money making you a target of kidnapping by organized crime. It's best to shut the f up

[Anonymous No.25255630]

>>25246998
>>25250009
This. Never trust shills, only buy what you can understand and thus know what makes it worth x. Proper discipline (not investing/trading emotionally) is the #1 key to proper risk management. If you understand risk management but can't implement and follow your own system, it's guaranteed to lose money.

[Anonymous No.25255750]

My dad had more BTC than me but he sold most of his stack at 17k. He has some real shitcoins too now

[Anonymous No.25256023]

>>25244477
hahaha, i'd drink to that

[Anonymous No.25256316]

>>25244403
Btc is all ones and zeroes! Unlike the numbers in my Wells Fargo High Yield Savings Account!

[Anonymous No.25256613]

Dad, brother and GF laugh at me when I talk about crypto and investments.

Dad thinks crypto is a scam and stocks too risky. Brother doesnt think I knoe anything. GF says stocks are boring and is focused on buying a house.

The only person who listens to and supports me is my disabled mother who is in a wheelchair. She tells them all to listen to me and tells me she trusts my judgement.

Even through all this i have invested 5k for each of them in crypto so that they are not eft behind this bullrun. When time comes to sell, ill ask flr the principal back and they can have the profits.

Mum is getting a new house and mobility care first.

[Anonymous No.25256809]

>>25240811
It's a lose-lose, if they win, they'll take all the credit and forget about you.


If they lose, they'll blame you and cast you out.

Win and keep quiet

[Anonymous No.25256835]

>>25240811
It's a new paradigm, and everybody who doesn't buy, now, will be priced out forever. Anybody who does buy will be rewarded with a lifetime of riches, as their bitcoin will continue its 30% monthly price increase.

Nocoiners, and anybody born in a future generation, will not be able to afford a $10,000,000 satoshi in 15 years. They will live in tent cities, and Hondas.

This asset bubble is different than all of the others - it will never slow down, or pop. The gains are permanent.

[Anonymous No.25256958]

>>25240811

let me warn all you frens about this:

DON'T TELL PEOPLE YOU HAVE CRYPTO

the moment they know, you'll become a target
soon your coins will hold a lot of value
that will make them a liability in terms of your personal safety if other people know about it

[Anonymous No.25257290]

Threads like these make me glad im close with my family. They just let me do my own thing. I tell them what I invest in sometimes, whether or not they wish to follow is their choice. During the great stock recovery I made around x3 off of penn national (I could have made a lot fucking more I still hate myself for it) and my younger brother made around the same off of Tupperware. We are all idiots, but I think in our own ways we will all do well, if not, I pray I make enough to have their backs throughout life.

[Anonymous No.25257379]

>>25240811
no i am too scared.
crypto is niche and full of weirdos and potential nazis. and i dont want to give them more ammo to bully me: “haha you crypto looser, cant get a real job and live life, you need to live on beans and rice putting all your money into a imaginary ponzi, weirdo"
i am trying my best to appear normal and not phased playing it cool

[Anonymous No.25257410]

>>25256613
How heart warming