[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 124 KB, 715x439, 1567361248244.png [View same] [iqdb] [saucenao] [google]
25697981 No.25697981 [Reply] [Original]

The only normies left who can even hope to buy 1 BTC or 32 ETH are boomers if they liquidate their 401ks or take out a home equity loan. If you're between the age of 18 and 35 and own 1 BTC/32 ETH you are light-years ahead of your peers, anyone not already in is totally fucked.
Congrats bros, we made it

>> No.25698074

>>25697981
chainlink will have its day...........

>> No.25698104

>>25697981
That's not true at all they can always suck my dick a lot

>> No.25698161

I have 1.5 BTC
3 ETH
500 GBTC Stocks
100 ETHE Stocks

All up over 400% Can I hope to make it? I feel priced out of bitcoin now.

>> No.25698264
File: 199 KB, 719x687, Get_In.jpg [View same] [iqdb] [saucenao] [google]
25698264

>>25697981

>> No.25698301

>>25698074
I omitted LINK because I have less than 10k and I hate myself for it.

>> No.25698307

>>25698161
You’ll break 1M this decade. Not exactly making it considering the state of fiat but it is a good start

>> No.25698325

>>25697981
You vastly underestimate the obscene amount of money boomers have. I told my aunt about BTC at 35k and she shrugged and bought two because she had money to throw around.

>> No.25698399

>>25698325
>I told my aunt about BTC

There's the problem

Shut the fuck up about crypto, it is our weapon to topple the boomer world order

>> No.25698491

>>25698325
My parents have virtually all of their net worth locked up in retirement accounts and their houses, and they're on the higher end of the median net worth for their ages. Sure maybe the top 10% of boomers can throw $70k at a speculative asset like it's nothing but that's not your average boomer

>> No.25698495

>>25698325
You vastly underestimate how much dick she has sucked.

>> No.25698683

>>25697981
You’re a moron

I can easily get in whenever I want,

>> No.25698910

>>25698683
COPE

>> No.25698925

>>25698325
Boomers aren't cash-rich. All their equity is locked up in 401ks and real estate, like OP said.

Compare yourself to the average wagie. Imagine being a wagie right now and needing to spend 40k to run an ethereum node or own a whole bitcoin. That's more than most people bring home in a year, especially the younger generations.

>> No.25699020

>>25697981
>tfw 21 year old halfcoiner
Well I tried

>> No.25699071

>>25699020
When I was 21 I only had .25 BTC, its ok fren

>> No.25699237

>>25698910
I can buy a fraction of a BTC whenever I want

>> No.25699598

>>25697981
Should I buy ETH now?

>> No.25699681

>>25699598
Not your personal magic 8 ball. I'm not selling anytime soon but we could easily see a major correction soon. My advice is to buy a small bag now and start DCAing

>> No.25699732

>>25699681
DCAing?

>> No.25699774

>>25699681
Do you think ETH will take another big dip relatively soon? I'm coming into a lot of money and I want to make it count, and if it dips it seems like a great time to buy 1 or 2 full coins

>> No.25699812

>>25697981
Arrogant new faggot, here's the cool thing.... Anybody who believes in cryptocurrency can change fiat into satoshi. One satoshi goes up just as much as one BTC you fucking dullard.

>> No.25699859

>>25699732
https://lmgtfy.app/?q=DCAing

>> No.25699861

>>25698264
hail to the king

>> No.25699896

>>25699812
Yes, the decimal is technically arbitrary, but 1 BTC will always equal 100M sats. What is your point?

>> No.25699909

>>25698491
Your parents are old union democrats. We're talking about the Republican boomers who invested in Apple in the 80's.. Not pensioners who love increased taxes.

>> No.25700002

>>25699859
Which is the best exchange? Most of them seem to have annoying fees.

>> No.25700037

>>25699896
your theory is that kids will never be wealthy. it's fucking dumb and not helpful to the crypto economy. you underestimate the youth of today. GenX fucking hates you.

>> No.25700065

>>25699909
Kek that's actually a pretty accurate assessment, but risk tolerance tends to go down with age. I wouldn't be surprised if my rich republican uncle owned bitcoin, but he's also been inducted into the MAGA cult and has probably been sperging out watching Tucker Carlson for the last few years. I dont think hes been paying much attention to crypto at all

>> No.25700157

>>25700037
We are all competing with each other, I want other millennials stuck in perpetual student loans and working at Starbucks forever so I can beat them. Simple as.

>> No.25700200

>>25699774
Hope it does I'm shorting ETH, wouldn't short btc tho

>> No.25700479
File: 129 KB, 474x712, 1608530272513.jpg [View same] [iqdb] [saucenao] [google]
25700479

>>25697981
>only own 1 stack of 32 ETH
can I still make legit money staking? I feel like there will be too much competition to make more than 10k a year stacking 1 node of 32 ETH

>> No.25700531

>>25697981
/biz/ is reaching peak euphoria rn, massive sell signal

>> No.25700592

>>25700479
Staking is not really for suicide stacklets like us, it's for whales who have incentive to stake part of their stack and increase speculative value for the rest of their stack. You can probably make similar or better returns yield farming without stressing over keeping a node up 24/7

>> No.25700750

>>25700592
yeah...

>> No.25701150

>>25698399
your an idiot, the more people buy the higher the price goes