/biz/ - Business & Finance

[Anonymous No.25363358]

>10k in checking/savings
>200k in crypto

[Anonymous No.25363656]

>>25363358
based retard

[Anonymous No.25363694]

>>25363358
better put about 9 of that 10k into bitcoin just to be safe

[Anonymous No.25363729]

>0K in checking/savings
>800K (pesos) in crypto

[Anonymous No.25364006]

for me it's
>$400 in checking account
>-$7,500 in student loan debt I used to buy crypto (0% interest right now)
>-$900 in backrent I owe as of next month
>-$60 parking ticket I need to pay
>car alternator just broke, -$400 to fix
>$125,000 in bitcoin

[Anonymous No.25364076]

50k checking/savings
75K in crypto
125k in 401k/roth/stocks

zero debt


feels good man

[Anonymous No.25364088]

>bank pays 0.5% interest on savings
>the government inflates the money supply at a 15% rate
it's a losing game

[Anonymous No.25364185]

>>25364088
just have your money at home? or switch bank?

[Anonymous No.25364249]

>>25364185
It doesn't matter where you store your government notes. They will still be debased to the ground.

[Anonymous No.25364311]

>>25364249
damn

[Anonymous No.25364364]

>>25363358
>21
>student
>$900/month
>$578'000 in crypto

I wake up feeling weird

[Anonymous No.25364373]

>>25363358
180k in crypto
90k pms (mining/physical)
200k in real estate
$150 in checking acct
>only use checking account to pay cc
>use cash back cc to pay bills or buy shit i need
>pay off full balance before due date = no interest.
beating the jews at their own game?
priceless

[Anonymous No.25364415]

>>25364006
Unfathomably based

[Anonymous No.25364447]

>$170 in the bank
>$12K in crypto
>no job
>hoping school gives me a refund next semester so I have spending money

[Anonymous No.25364481]

For me, it’s
> 25k checking + savings
> 60k in 401k
> 150k in btc and eth (80% btc)

Am I gonna make it bros?

[Anonymous No.25364572]

Same situation lmao

[Anonymous No.25364607]

>>25364364
Did you buy LINK early?

[Anonymous No.25364643]

>600.00 in checking/savings
>150k in crypto

[Anonymous No.25364645]

How the fuck did you guys get a half a mil in crypto.

[Anonymous No.25364667]

>>25364645
LINK

[Anonymous No.25364690]

>>25364645
this board is literally anons scamming eachother with erc20s

[Anonymous No.25364717]

>>25364690
Cope with your lies

[Anonymous No.25364758]

>3k in checking account
>1mm crypto

[Anonymous No.25364772]

>>25364717
I’m not lying though. I’m glad the endless defi scams finally died down. It was a new foodcoin yield farming scam every day lmao.

[Anonymous No.25364806]

Lads, sorry to hijack but I’m a little worried about something. My friend sold all his holdings (link, ethereum) and bought Celsius. Just looking at it briefly it seems to be an MLM scam. Had anyone looked into it?

[Anonymous No.25364847]

Another larping faggot thread lmao

[Anonymous No.25364867]

>>25363358
> 40k in savings
> 2k in crypto
should i just go all in?

[Anonymous No.25364879]

>>25364572
>savings
nigger if that's a garbage ass <1% interest bearing account then you need to put it into something useful. At least GICs/CDs

[Anonymous No.25364907]

>>25364867
no it will crash again after next year, probably all the way down to $40,000

[Anonymous No.25364908]

>>25363358
$280k Crpyto
$10k Savings/Checking
$30k Roth IRA

Feels Good Bros

[Anonymous No.25364943]

>>25364867
Why the fuck haven’t you????

[Anonymous No.25365010]

>>25364867
You don't need more than 5-10k liquid cash as a backup if you're single and living middle class or lower. Take at least 30k out of your savings and invest it.

[Anonymous No.25365032]

>>25364806
>celcius

[Anonymous No.25365051]

>>25363358
>$250k in crypto
>$600 in checking account

[Anonymous No.25365053]

>8k checking
>130k crypto

[Anonymous No.25365070]

>>25365032
Ah fuck

[Anonymous No.25365094]

>>25365051
The $600 must be from the stimulus check lmao

[Anonymous No.25365095]

>>25364185
>just have your money at home?
Keeping cash under your bed won't stop inflation from making it lose value each day.
Used to be that keeping cash was the worst approach since you could put it in a savings account and at least get a decent interest rate paid to you for doing that, but now traditional savings banks effectively pay you zero interest so it's about as bad either way. Which is intentional. Part of the motivation for maintaining an inflationary monetary policy is to put pressure on people to spend money on the economy instead of just hoarding money and doing nothing with it.
Also it's not all evil since inflation means any debt you owe will reduce in reap value terms e.g. if you imagine one day a loaf of bread began having a market value of $1000 USD then anyone locked in with a fixed rate mortgage paying around $1000 / month will now see their mortgage debt reduced to something equivalent to $3 / month in today's USD.
Inflation tends to help borrowers at the expense of lenders.

[Anonymous No.25365120]

>>25363358
>10k savings
>$500 unleveraged on robinhood
Am I gonna make it?

[Anonymous No.25365124]

>>25363656
i know right. who the fuck has 10k in checking/savings

[Anonymous No.25365136]

>>25364481
You sound way too responsible with your money to "make it."
You'll always just be normal

[Anonymous No.25365186]

>>25363358
>$0.00 checking account
>$7300 crypto


I’m jumping ship from these fucking funnybux

[Anonymous No.25365205]

>>25365120
yes, keep staking

[Anonymous No.25365210]

$10 in checking
$0 in savings
$125 000 in stocks
$900 000 in BTC

[Anonymous No.25365219]

>>25365205
I don’t know what that means

[Anonymous No.25365233]

>>25365186
kek, are you me?

[Anonymous No.25365274]

>>25365219
I don’t even know what those are!

[Anonymous No.25365309]

>>25363729
Basado

[Anonymous No.25365382]

>>25363729
>Pesos
Mexican, Colombian, or Dominican?

[Anonymous No.25365410]

>>25365233
It will become more and more obvious to more and more people as time goes on and crypto eats up more and more of the global economy.

[Anonymous No.25365628]

>>25365010
after i pay bills i only need keep 1500 liquid
worst case scenario: i have to use my credit card

[Anonymous No.25365840]

>>25365628
just do what I do bro. $0 liquid and $1500 credit card for emergencies and food (which gets paid off before the end of the month through wageslaving)

[Anonymous No.25365971]

0 debt
650k in crypto
10k checking
150k yr salary

[Anonymous No.25366035]

>95k in crypto
>25k in checking/savings

Kind of makes me wonder what we're all waiting for.

[Anonymous No.25366105]

>>25366035
$1,000 EOY

[Anonymous No.25366135]

>10k credit card debt that i won't be paying
>300k in crypto

[Anonymous No.25366323]

>>25366035
How u mean?

[Anonymous No.25366422]

>>25366323
I mean when are we going to cash out?

[Anonymous No.25366577]

>>25366422
I think everyone with meaningful exposure to btc understands how the cycles work and won’t be selling until 100k minimum. To have meaningful exposure you have to have pretty good conviction and knowledge. NGU is literally preprogrammed

[Anonymous No.25366680]

>>25364607
Yea but sold them at $18

[Anonymous No.25366742]

>>25363358
$25 in checking
150k in minecraft cubes

[Anonymous No.25366777]

>>25363358

>190k in fiat
>91k in crypto

Im an entrepreneur so Im saving the USD for business growth.

[Anonymous No.25366845]

>>25366777

I need build my boomer cashflow machine out better. Then take the cash and buy crypto. Lol

[Anonymous No.25366860]

>>25365032
Wb

[Anonymous No.25366898]

>>25363358
>100k cash
>250k equities
>170k crypto

outta the way plebs

[Anonymous No.25366902]

>>25363358
are you... me?

[Anonymous No.25366969]

>>25363358
>$120k cash savings
>$210k crypto

[Anonymous No.25366995]

>>25364572
>savings
>0.5%
>a year

Why does this meme still exist?

[Anonymous No.25367015]

Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread. Data mining thread.

[Anonymous No.25367058]

>>25367015
In Minecraft

[Anonymous No.25367125]

>>25363358
no dubs ngmi

[Anonymous No.25367174]

>>25363358
Bitcoin is unironically the safest place to put far-money over the past ten years.
YoY you made 10,000%. Absolute terms you made 80,500x your principle. S&P returned 3.7x. Bitcoin's beta was 8x greater than S&P, but you made 21,180 times more return. Therefore Bitcoin's risk adjusted return was 2,726 times greater than S&P 500. Which makes it ridiculously less risky in actual terms than the dang doobly stock market

[Anonymous No.25367628]

>>25367015
i don't see the problem

[Anonymous No.25368023]

>>25364006
>>25363358

uhhh guys someone wants to speak with you

[Bitcoin No.25368071]

90k cash
1.4 million crypto

[Anonymous No.25368230]

>>25366422
You cash out when you want, that's the beautiful thing between bitcoin, and the fake stock market retirement scheme where they decide how much you take out and when you can take it out. Same reason why social security failed. If you make the age limit like 65, yeah no fucking shit it will make money a good chunk of those people will die before they can even take out a decent percentage of what they put in.