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/biz/ - Business & Finance

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25518749 No.25518749 [Reply] [Original]

so btc is going to hit 100k
with a 80% chance
I have 2 btc and that's all I can get
200k is not remotely enough to make it
20% chance I lose it all
I'm questioning
someone else in this case?
what are you actually going to do to try to avoid wageslave another 30 years?

>> No.25518890

>>25518749
Use your gains to start a business
Hell, you can use those gains to open up a franchise location. Wanna own a McDonald’s?

>> No.25518913

>>25518749
start your own business. Be a slave to no one.

>> No.25518947

>>25518890
>>25518913
If he had any business acumen then he wouldn’t be posting on 4chan let alone biz

>> No.25518972

>>25518749
Should of bought alts I already have a 20x on a $20k investment

>> No.25518989

>>25518749
I had 25 bitcoin less than a year ago.

I got less than one left due to all my degenerate gambling on shitcoins.


Don't be like me anon. unironically btfo

>> No.25519016

>>25518972
How do you find the right alts so early? How do you have the steel balls to gamble 20k on random lowcap alts?

>> No.25519019

>>25518947
This. Everybody love to talk about starting a business like it's the easiest thing in the world. Only 5% are chosen to make it, and they are for sure not lurking fucking /biz/

>> No.25519048

>>25518749
In 3 years. We're going back to 20k for now.

>> No.25519052

>>25518749
>>25518989
>>25519016
literally all you had to do (and still can do) is buy ETH and LINK but you'll never do it because you are degenerates

>> No.25519058

>>25519016
By larping on an anon board where nobody can verify or deny what you’re saying kek

>> No.25519088

>BTC
>only going to $100k

Hold your coins or end up going long on $ROPE

>> No.25519092

>>25518890
Wanna tell us how much a mcdonalds franchise costs?

>> No.25519186

>>25518749
>so btc is going to hit 100k
with a 80% chance
I have 2 btc and that's all I can get
200k is not remotely enough to make it
20% chance I lose it all
I'm questioning
someone else in this case?
what are you actually going to do to try to avoid wageslave another 30 years?
Listen Anon. BTC is a machine. It does perfectly what it was instructed to do. And that means for you, that every 3-4 years, you can make a hell of a lot of money if you aren't retarded - and if you have the means to not need that money invested.

>> No.25519233

>>25518749
BTC will hit 1M.
>https://www.blockchaincenter.net/bitcoin-rainbow-chart/

>> No.25519234

>>25518749
You’ve chosen the safest crypto. So if a 3x from here isn’t enough for you to make it, you have zoomer tier patience and would probably lose it all gambling on alts or leverage.
Also with safe bet comes the relief of knowing that it won’t go to zero.

>> No.25519244

>>25519186
we'll i'll probably sell 1 btc out of 2 at 95k or so (usdt)

>> No.25519308

>>25518749
Okay first, btc is goin way above 100k$ you will see 250k btc end of bullrun. Second, you can invest 500k to sp500 for next ten years and have 1mil without risk

>> No.25519388

>>25519244
sell it to me. there are currently only about 30% of the market's demand being mined.

>> No.25519393

>>25519244
And then what?

>> No.25519502

>>25519393
buy lower if it crashes 50+% which it usually do after a big pump and then i'll have 3 btc

>> No.25519536

Even without "make it" money, you still have a huge leg up. You could use that money as a large down payment on a house, or after selling near the end of the bull market, you could use it to buy back in in 2022 during the bear market. Assuming the 4 year cycle continues to hold true, that just means HODL that from there until 2025 and you'll be set for life.

>> No.25519570
File: 435 KB, 1080x2021, Screenshot_20210104-205913_Currency.png [View same] [iqdb] [saucenao] [google]
25519570

Not any more

>> No.25519584

>>25519019
It scared me how many people I met at uni said they were there for “business” with nothing else to add

>> No.25519599

>>25519502
good luck getting priced out retard

>> No.25519617

>>25519599
you can. by perfectly legal and logical means.

>> No.25519783

>>25518749
>200k is not remotely enough to make it
I dunno about you but investing that with an APY of just 7% on 200k (EUR, not USD) I could live comfortably and not work for the rest of my life. My total monthly expenses right now are below 1k.

>> No.25519982

>>25519783
>what is inflation
>what is growing your stack
>what is buying a house

>> No.25520094

Sell at the top then buy the dip, obviously.

>> No.25520130

should I buy BTC for 1000€ tomorrow?

>> No.25520268

>>25518749
100k is where the mania starts this cycle. It will propel it to 300k top. We are making a run at gold this cycle, the next cycle is when we comfortably take gold and make a run at the M1 money supply.
Hold your 2 coins and don't sell to some hedge fund while you fuck around with alts. Don't let them have your coins

>> No.25520447

>>25519982
He said EUR so he probably owns a comfy place to live and will inherit another one or two at some point in the near future.
Sorry burgerbro.

>> No.25520557

>>25520447
Americans are wealthier than Europeans

>> No.25520582

>>25520557
If you're white or east asian.

>> No.25520663

>>25520557
only as a country. the average american is much poorer really, indeed. He lives on loans.

>> No.25520710

>>25520557
We pay very dearly for it.
Apart from my gun collection and acreage i don't find anything about this shithole comfy. Living in europe is like a huge weight lifted off my shoulders. Coming back here with its predatory cops, niggers and private prisons is literally anxiety hell

>> No.25520715
File: 143 KB, 959x960, poorfags.jpg [View same] [iqdb] [saucenao] [google]
25520715

>>25520557
Except Americans are poor though.

>> No.25520742

>>25520130
it's going to 100k-275k in this bull cycle (this year or next year) so if you want a 300%-900% return compared to a 10% from stocks then yes

>> No.25520921

>>25520742
I have 33000€ (the bulk of my savings) invested in a NASDAQ-100 ETF
only 0.03 BTC (bought for 300€, now worth 800€)
I have another ~2000€ in cash, will definitely buy BTC for 1000€ tomorrow and just hodl
I'm anxious about putting a big part of my savings in BTC, would you still do it? How much would you put in if you were me?

>> No.25520968

I have negative networth and have to listen to retards like you with tens/hundreds of thousands of dollars posting about how "shit" your life and future will be, fuck off you fucking silverspooned retards.

>> No.25521103

>>25518749
The only thing I can hope for is that they're at least one more cycle after this one or I will never, ever make it.
You can also consider leveraged products if you prefer not to take straight leverage ie a 3x BTC exposed token exists.
I am risking everything because it was all born from this market and I'm not stopping until I make it. Simple as. No point in being risk averse, if I lose it all, I don't go backwards in my life I just stay spinning my wheels in wageslavery.
I need a million and change and I'm fucking retired.
>>25519092
You need $1MM liquid to even apply. Corporate requirement

>> No.25521205

>>25520921
I'm 60% vested at this point, in 2017 at this point I was only ~10% in and built it over time as the trend developed. Cut my gains in half doing that. Fuck it all this time. What do you actually have to lose?

>> No.25521237

>>25520968
these are dumb retards

>> No.25521375

>>25521205
do you have a hardware wallet or how do you keep your BTC? It's just not as regulated and "official" as ETFs/stocks so makes it feel more risky somehow
also much more volatile

>> No.25521527

>>25520921
i think even the most sensible non-risk taker would suggest 33% exposure to crypto (crypto/stocks/property) is often what they say. for me personally i'm 45% in BTC and 50% in ETH and 5% in stocks with $100k and i'm buying ETH with fiat every month until it reaches the ATH minimum

>> No.25521808

>>25521375
I use wallets I made with blockchain.info. I probably should get a HW wallet at this point but hypothetically I never expose my SK using the above service. And nevertheless split it into pieces.
Btc is more volatile than stocks but that's not a security matter. It's just a market property. 8x more volatile
Yeah you don't have SIPC coverage but gemini does offer FDIC coverage on your /cash/ balances. You could get insurance if you bought through the stock exchanges (grayscale, bitwise) but you get premium over spot with them and fees. And if their btc gets stolen you're still fucked regardless
I think it's honestly hard to steal btc if you control SKs well and never reuse wallet addresses. Brute force is basically impossible. P(Brute) = 1/(2^256)

>> No.25521931

>>25521527
>>25521808
alright, thanks
I think I might sell 1/3 or half of my ETFs and put it in BTC instead, everyone (not just /biz/ kek) says long-term it'll become much more valuable even if it takes another dip like after the ath 2017

>> No.25522026

>>25520557
Perhaps, but property values there are INCREDIBLY fucked up, mostly due to towns being economically useless.
In USA small towns you can get a good place for peanuts but you also can't do anything, in european towns you get a cool good place for peanuts in a small town and then your daily drive to the capital is like 50 minutes.

>> No.25522271
File: 1.23 MB, 4032x1113, 31A2332B-0CAE-443B-9ED3-AF368E3F9060.jpg [View same] [iqdb] [saucenao] [google]
25522271

The yield is actually stupid. Approximately 10,000% YoY past eight years and average 815% per year. If you can't handle the volatility just don't look at it. And if you're gonna sell securities sell the losers or break evens first to reduce your net realized gain for tax purposes. Guess it doesn't really matter on 33k eurobux because you're gonna get shidded by btc gains anyways. But then again idk how CGT works in your country

>> No.25522378

>>25520557
Yes they are but also poorer

>> No.25522493

>>25522271
>CGT
I'm in Germany, if you hodl crypto for longer than one year you don't have to pay taxes, if you sell before that, you have to pay some, but idk how much

>> No.25522596

>>25518749
It's 99%.
Same for 250k. And 1M. Enough time, it will happen.

>> No.25522717

>>25518749
100k is the absolute minimum floor of the next phase do you know that? .... it isnt the top.... its the floor of the next stage lol the top will overshoot to 500k around about, so thats 1 mill for your 2 bitcoin... if you cant make it off that then you dont even deserve any money at all.

>> No.25522725

>>25522493
Not quite correct. After you sell, you have to let the fiat just sit there on the exchange for a year.

>> No.25522834

>>25522725
wasn't aware of that. how much do you have to pay if you withdraw the FIAT before that?

>> No.25523301

>>25522834
I think you have to pay between 25 and 27% if you instantly withdraw

>> No.25523364

>>25519019
>they are for sure not lurking fucking /biz/
You're wrong.
>t lurker

>> No.25523452

>>25523301
wtf

>> No.25524270

>>25518749
go do something with your life and your btc will be there for your retirement.

you made it. never sell dude. its going to a million in 10 years or less.

>> No.25524352

>>25519186
Why every 3-4 years though?

>> No.25524442

>>25524352
Ask Satoshi.

>> No.25524477

>>25522725
bullshit

>> No.25524481

>>25524352
Bitcoin halving

>> No.25524656

just hodl brah, 1 coin will be 1 million this decade.

>> No.25524726

>>25518749
You have more money than I'll probably ever see. In my mind 200k is having made it. You don't need to be a millionaire to have made it.

>> No.25524820

>>25524477
Nope. It is actually a fact. I was surprised myself. It is legit.

>> No.25524951

>>25520557
Yeah, no, the average american is a fat wageslave that will die 10% earlier than the average European due to a life of stress and a poor environment.

>> No.25525510

>>25524820
it's not though

>> No.25525781

>>25518989
270 to 3 in 2 years checking in

>> No.25526002

ever heard of multipliers / leverage?

>> No.25526006

>>25525781
How are you still alive?

>> No.25526070

>>25519088
we're not bailing you out anon

>> No.25526087

>>25525510
yes it is. If you are a German citizen, and invest in the stock market (or crypto market) and you don't lose, but win, your gains are only taxable to the German government if the wgains have been withdrawn to your bank account. If you do not, after a year, no taxes are due.+How do I know? I have friends who do this.

>> No.25526214

just double it with margin 2x leverage is pretty save

>> No.25526259

>>25522834
he is full of shit

You buy btc, hold 1 year, sell btc tax free, no need to hold another year

>>25522725
>>25523301
halt einfach deine dumme ahnungslose Fresse, Hurensohn

>> No.25526288

>>25526259
>halt einfach deine dumme ahnungslose Fresse, Hurensohn
Warum denn du Schwuler? Stimmt ja ^^

>> No.25526375

>>25526259
>he is full of shit

You buy btc, hold 1 year, sell btc tax free, no need to hold another year
LMAO... you got that wrong. Dare rich ramen? /pol/?

>> No.25526394

>>25526288
>warum denn?
weil es falsch ist und ich meine rechte Hand darauf verwette, dass du die im Leben die Anlage SO ausgefüllt hast.

Informiere dich darüber was Veräußerungen sind, Hurensohn

>> No.25526438

>>25526394
Du bist wohl wirklich fehlinformiert. Das ist ok.

>> No.25526515

>>25526438
Poste eine einzige Quelle, die deine Sicht der Dinge belegt. Eine einzige, du Hurensohn. Jetzt.

>> No.25526663

>>25526087
No, you don't.
The 1 year waiting period refers to the time between when you bought the cryptocurrency and sold it (or exchanged it to a different cryptocurrency). If that time is less than a year it will actually be taxed like income tax, meaning much higher than 25%, more like over 40%.
The 25% to 27% you mention is actually for stocks. Stocks are taxed differently in Germany than short-term crypto trades. You ALWAYS have to pay those 25% btw, except for a small Freibetrag if you didn't gain much, or if you can weigh it up against previous losses.
It has NOTHING to do with whether you leave the money with the exchange or broker or wire it into your bank account (which would actually be the same if you use your bank as a broker). That is fucking RETARDED. What you are claiming here is that in the nation with one of the highest tax burdens in the world, you could make €1 million on TSLA, then just "leave the money on the exchange" for a year and then magically not pay those 25% taxes. Do you realize how fucking stupid you sound?
The fact that long-term crypto gains are taxed at 0% in Germany of all places is just a lucky coincidence, since they tax crypto like actual currency instead of like stocks. Thankfully the law moves slowly in Germany and they haven't gotten around to changing it yet.

>> No.25526722

>>25526663
This post is correct

>> No.25526854

>>25526663
Wie peinlich dir das nun sein sollte. Es nicht zu wissen. Natürlich nenne ich dir hier meine Kumpels nicht. Aber du, als DE Bürger, bist n feilbot es nrtmsl mal zu wissen.
Und wenn du nun nach siehst, wirst du nicht die Eier haben es zuzugeben.

>> No.25526912

>>25526722
no it is not

>> No.25526972

>>25526854
You talk like a turk or arab. I don't waste my time with roaches. Bye faggot

>> No.25526975
File: 691 KB, 1095x771, 9f8b53d45a22e3b9dcae0f54d0177e26-imagepng.png [View same] [iqdb] [saucenao] [google]
25526975

i only have 100 dollars of BTC
...will i make it?

>> No.25526991

>>25526975
gonna be blunt here, no

>> No.25527020

>>25526991
:(
what do i do?
how do i stop being poor?

>> No.25527031

>>25527020
honestly < 10k budget, you just need to wageslave until you get at that point

>> No.25527097

>>25518749
why in gods name are you going all in on a single fucfking memecoin you unimaginably retarded motherfucker

>> No.25527099
File: 78 KB, 991x661, 1609268425079.jpg [View same] [iqdb] [saucenao] [google]
25527099

>>25518749
Why are you acting like BTC is the only investment opportunity in your life? Why do your gains drop off at 200k after you cash out? Even putting that money into safe dividend stocks or GICs/CDs from your bank can safely net you like 10 grand per year, if you don't want to get into riskier stocks/cryptos that rely more on speculation.
And lastly, BTC is going to 1mil you doublenigger.

>> No.25527123

>>25526972
I am neither Turkish nor Arabic. I am German. I speak only German, English and French. My grandparents died for Germany. There is no other bloodline involved. You are just too embarrassed to realize you didn't know this. And that is ok. I didn't either

>> No.25527214

>>25518749
move to a 3rd world country like Argentina, 200 usd = 1 month salary, literally rich forever

>> No.25527284

>>25518749
stop cry fucker, in this bullrun I will make only 20k and I'm happy.

>> No.25527288

>>25518749
>try to avoid

I guess I'm alone on /biz/ in that my goal is to find a wagie position that pays decently enough to live on while expanding my investments.

>actually going to do

Invest in altcoins and stocks that haven't mooned yet instead of being the retard who buys TSLA at 700 or BTC at 35k and says "Now I just need it to 3x and I'll be RICH".

>> No.25527360
File: 33 KB, 540x588, 1605918935111.jpg [View same] [iqdb] [saucenao] [google]
25527360

>>25518989
>had presumably a quarter of a million
>knew if BTC just went back to the 2017 ATH he'd have half a million
>100k by 2025 would be 2.5 million
>chose to gamble on uniswap

I feel like I'm the only non-retard on /biz/ since apparently I was the only one that thought I should only 'invest what I'm willing to lose' in high risk venues like gambling and uniswap shitcoins.

>> No.25527402

>>25519088
All projections for BTC have it at 100k during this next year and then 1 million in 2025. Fucking deal with it, moonboi. Rome wasn't built in a day.

>> No.25527461

>>25518749
Just flip btc and shit coins back and forth forever. Easy

>> No.25527486
File: 2.99 MB, 1600x666, collateralDamage.webm [View same] [iqdb] [saucenao] [google]
25527486

>>25527288
Unfortunately true to both. You need a good income and you need decent returns to actually make it before age 30. Hyperinflation in the coming years is gonna be bad.

>> No.25527989

>>25520715
Yang Gang 2024

>> No.25528433

warum keine klingel name?

>> No.25528496

>>25518749
BtC is going to 1 million nigger. The derivatives market is over 1 quadrillion, just have low time preference

>> No.25528592

>>25518749
buy altcoins pussy boy

>> No.25528631

>>25528433
Möchtest du lernen wie man Geld verdient in crypto? Es ist leicht. Ignoriere alles andere hier auf /biz/ und kauf BTC, ETH und nach dem Sommer gehts weiter mit anderen Dingen.

>> No.25528796
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25528796

>>25525781
Bro unironically thanks for making me feel better. I went from 11 to 0.

>> No.25528832

>>25527402
Bitcoin would literally have to be recognized by every mainstream company and vendor and then it's value will skyrocket to a value that caps at a specific value and not be so fucking volatile. Entire countries would have to publicly announce cooperation and THEY want to get their beak wet which they can't so it will stay a gamble until real news hits the mom. Wish I had digital though, just an old man stuck in sp500 since 2008.

>> No.25528976

>>25528832
Yeah but arguing with maxipads that think their 1 BTC will give them 10 million dollars tomorrow is annoying so it's easier to just say this.

>> No.25529098

>>25528832
How high do you think bitcoin can go then?

>> No.25529252

>>25529098
The value of only as strong as the faith in it. Fucking bottlecaps can be mined with the right trash bin.

The price is literally world ranked investors trying to hide their physical dollars and ride the wave. Big movers are seeing the same graphs we are. But their dumps are the ones that cause 2017.

Bitcoin needs to be much more stable, and when an event happens where this is possible, it will shoot to the heavens overnight, because the big movers will go all in.

We are literally just those sucker fish that stick to great whites.

>> No.25529397

>>25525781
28 to 0 (sold in 2016 lolol) to 1 (bought top and rekt) to 0 to 5

>> No.25529698

>>25519052
>link
Literally why

>> No.25529757

Can anyone explain to me why this shit won't dump in feb just like it did the last time? And dont give me the institutional investor shit.

>> No.25529796

>>25520715
>>25527989
Yang was bodacious.
He is too good to be president.

>> No.25529846

>>25518749
200k is far more than enough to make it

This has to be bait

>> No.25529886

>>25518913
Don’t listen to this retard small businesses will not exist in even a year from now

DO NOT WASTE YOUR MONEY TRYING TO START A FUCKING BUSINESS

>> No.25529901

>>25529846
Do you live in Argentina or something

>> No.25529992

>>25520921
What the fuck are you scared for? Its as legitimate as they come now. Billions of dollars from high profile names, and institutions are flowing in daily. They hold, price will fluctuate, but they see the vision. They will sell in 2028 - 2030, and maybe never should the system change forever. They have unimaginably comfortable lives, this is literally a game for the ego now.

>> No.25530265

>>25529901
If you stop drinking Starbucks and eating avocado toast every day and invest that 200k well, it is more than enough.

>> No.25531198

What wallets do you guys use? Any recommendations?