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/biz/ - Business & Finance

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25698778 No.25698778 [Reply] [Original]

when will i leave if I hold?

its too little to change my life
too much to throw in alts
too much to complain about
too little to brag about

what do
its around 700k USD

>> No.25698842

>>25698778
Imagine being this retarded

>> No.25698868
File: 3.06 MB, 4032x3024, 20210107_234652.jpg [View same] [iqdb] [saucenao] [google]
25698868

>>25698778
What coin did you ride and how did you started with?

Pic unrelated, 750 gr of melted butter waiting to get skimmed to make some ghee

>> No.25698878

>>25698778
>too much to throw in alts
what do you mean, I feel like alts get better the more money you can put in it, since you don't have to wait for it to 10x to get big money

>> No.25698950

take out 100 or 200k (if you haven't yet) so you don't kill yourself if it all goes down, put most of it in an index fund
then wait
also stop checking your portfolio every fucking five minutes

>> No.25698958

>>25698868
XRP x 10 (lel 2017 bullrun)
Chainlink x 10 sold this year
BTC x 3 now
>>25698878
Its more scary man

>> No.25699120
File: 24 KB, 734x1201, 5weeks.png [View same] [iqdb] [saucenao] [google]
25699120

You'll go back to two figures soon.

>> No.25699132

>>25698778
Cash some out (+-€250k), buy a house and live for free or earn passive income with it. Pick a good location and it's almost guaranteed to increase in value (and/or maintain it's value in buying power) Leave the rest to invest. You will be save and still have enough money to invest with.

Visualize both the scenario of losing 50% (or more) of the 550k, and all this time and effort never meaning anything and the scenario of having passive income and peace of mind as a result of your trading and still having enough to invest.

>> No.25699178

>>25699120
fuck this is the dumbest shit ive seen
gonna buy more on margin
fuck

>> No.25699185

>>25698778
throw it in eth, guaranteed to be above ATH when its this close.

>> No.25699190

>>25698778
sell everything besides 1 BTC
diversify your holdings in other assets that are still cheap don't dump it into overvalued bullcrap.

>> No.25699233

alright. thanks biz

gonna buy more on margin

>> No.25699236

>>25698778
All in Wise. You will have a few million eom. Solved.

>> No.25699294
File: 9 KB, 313x253, 3m09U0.png [View same] [iqdb] [saucenao] [google]
25699294

>>25698778
hello fellow poorfag. just give it a year or two and we'll be ok

>> No.25699385

i have been crabbing between 95-99k last two weeks :D im going insane

>> No.25699522

>>25699190
>>25699132
>>25698950
you think OP made almost 600k with this attitude? terrible advice desu

>> No.25699595

>>25698778
wait do you guys not have any purpose in getting rich? do you just get money to get more money?
starting and supporting a family is an easy one, but most people have aspirations to start a business or create something that doesnt exist

>> No.25699627

>>25699522
idk, I made 400k with that attitude so it can't be that far of

>> No.25699661

>>25698958
This is why it's called hell.
You must take risks like you're a 5 figure stack, else forever 6.

>> No.25699675

>>25698778
Take out half lol

>> No.25699687

>>25699595
I just like seeing number go up. I don't have a goal.

>> No.25699858
File: 430 KB, 600x800, IMG0149.jpg [View same] [iqdb] [saucenao] [google]
25699858

>>25699595
While /biz want to free themselves from wageslaving, I'm just looking to pay my mortgage in full for the house and have some money to invest. We are talking 300-500k€ here. I already have my own business (no debts related to my activity), already got a terrain to larp in it and a 2 years old.

>> No.25699901

>>25698778
>too much to throw in alts
>he doesn't know how crypto works

>> No.25699952

>>25699627
400k from index funds? with 577k initial? it's good advice if you have a few mil, but yanking it out of a 6 fig folio at this stage will stifle life changing gains

>> No.25700091

>>25699190
This

>> No.25700204

Treat 6 figure hell like you treated your stack at 5 figures, 4 figures, whatever it was in the past. A 10x is a 10x no matter where you start from, if you truly want to escape wageslavery then you have to accept that risk of losing out on a house.

>> No.25700529

>>25699132
Locations change quickly with mass immigration. It may turn into a shithole in 20 years.

>> No.25700632

>>25699522
Wagies subconsciously want to see people stoop to their level/not surpass them. The universe rewards those with courage willing to take risks.

>> No.25700684
File: 97 KB, 1640x215, 0E89F4AB-A296-4E11-931B-421CC199C357.jpg [View same] [iqdb] [saucenao] [google]
25700684

>>25698778
I FEEEEEL THE PAINNN

>> No.25700775

>>25700204
Based

>> No.25701368

>>25698778
Stfu, I would never work a day in my life if I had that. You degenerate retard...

Take it out, buy 5 small studio flats in a moderately cheap city, rent them. You'll get like 2k a month. From there you can start doing what you want!

>> No.25701568

>>25701368
College student spotted

>> No.25701718

700k is enough to change your life. You're not a rich fag, but of you put it in a blue chip stock portfolio (assuming you're young) you never need to worry about saving for retirement. You'll still be a wagie but with significantly less stress and more spending power

>> No.25702255

>>25701368
Good advise if you live in some shithole like Russia
Otherwise no.