/biz/ - Business & Finance

[Anonymous No.26122857]

>10x from making it

[Anonymous No.26122946]

>>26122857
Th-thanks, y-you too

[Anonymous No.26122968]

>>26122857
RBC, fren. Unless the Bogs make the call and dump it.

[Anonymous No.26122979]

>>26122857
Don't choke

[Anonymous No.26123028]

>>26122857
>20x from making it

[Anonymous No.26123086]

Cash out before you regret it

[Anonymous No.26123269]

>>26123028
this, go all in fiat

[Anonymous No.26123323]

>150x from making it
Haha x

[Anonymous No.26123350]

>>26123323
>500x away
killing me slowly

[Anonymous No.26123353]

>>26122857
10.000x from making it.

[Anonymous No.26123365]

2x from becoming a hikikomori

[Anonymous No.26123382]

>>26122857
3x from making it.
I'm so fucking close, and so fucking nervous.

[Anonymous No.26123394]

>>26122857
what are your positions

[Anonymous No.26123437]

>>26122857
same. be cool, anon. don't fuck it up

[Anonymous No.26123440]

>>26123394
reverse cowgirl

[Anonymous No.26123460]

>>26123382
I’m like 5x from making it and it is exhausting

[Anonymous No.26123484]

>>26122857
33x from making it :'(

[Anonymous No.26123503]

>>26123353
lmao that's where I am too put 700 about to break 1k I want MOAR

[Anonymous No.26123515]

>>26122857
>15x

[Anonymous No.26123540]

>>26123394
primarily BTC/ETH/LINK

[Anonymous No.26123583]

8x for me. Holding mostly btc/eth/link

[Anonymous No.26123593]

>>26122857
>4x

[Anonymous No.26123635]

>>26123437
>>26123583
wgmi frens

[Anonymous No.26123647]

>>26123028
Same here
6 figure hell is real
At this moment I'm probably about a 28X from making it after taking in back of the napkin tax calculations

[Anonymous No.26123673]

I just passed $1m and I still feel 10x from making it. It never ends kek

[Anonymous No.26123677]

>>26123503
I am at 50-60k anon.

[Anonymous No.26123703]

>>26123635
i think you're right

[Anonymous No.26123705]

>>26123460
>wahhh my life is so hard

im a 500x from making it. i posted my 2000 dollar blockfolio in another thread and people were making fun of me

[Anonymous No.26123714]

>>26122857
4x if I go all-in, but I'm a pussy so it's a 15x from what I have invested.

[Anonymous No.26123730]

>>26122857
How muhh is making it again? 5mill?

[Anonymous No.26123743]

>>26123673
if you can find 2% yield on 4 million after taxes then you've made it

[Anonymous No.26123752]

>>26123440
>reverse cowgirl
every guy wants this, and every girl wants doggystyle
we're a generation of lazy bastards who can't even put effort into sex

[Anonymous No.26123755]

>>26123730
Depends on country/standard of living. 1 mil for me.

[Anonymous No.26123789]

>>26123635
based

[Anonymous No.26123814]

>>26123743
Not really, you still need to pay taxes for that 2% in most nations.

[Anonymous No.26123851]

>tfw I’m a 555x away from truly making it

Why lord have you forsaken me

[Anonymous No.26123861]

>>26123814
different definitions of making it

[Anonymous No.26123882]

>>26122857
10x from making it as well, feels good to finally enter 6 digit hell friend.

[Anonymous No.26123897]

>>26123743
When we're expecting the worst depression to come this year? From where?

[Anonymous No.26123911]

>>26122857
I'm 2x from making it but 4x from being comfy. What do.

[Anonymous No.26123942]

>>26123647
what the fuck are you talking about. If you're in the six figure range the max you can be from making it is 10x. Once you hit a million dump it all in the S&P 10% interest growth is 100k a year. That's a really good wage doing absolutely nothing. Get a decent job making 100k and you're making 200k a year.

After 8-10 years in the S&P reinvesting you now have 2 million in the S&P. Now that's 200k a year. Retire at 45 making a shit ton of money.

[Anonymous No.26123955]

>>26122857
ME TOO BRO

[Anonymous No.26123972]

>>26123911
if you arent 'comfy' you havent 'made it'

where are these plebs with low standards coming from?

[Anonymous No.26123973]

>>26122857
I need link to 15x to make it

[Anonymous No.26124011]

>>26122857
10x from financial freedom, 20x from making it..

[Anonymous No.26124021]

>>26123705
This is biz, unless you have over a M people will make fun of you, not that they have more but they just live in a almost robotic state of refreshing and spam posting.

[Anonymous No.26124038]

>>26123942
>Wageslaving
Haha no

[Anonymous No.26124059]

>>26123942
>Retire at 45
That's fucking ancient.

[Anonymous No.26124075]

>>26123730
Depends. In a modern western country about 5mil yes.

[Anonymous No.26124110]

Just need a x0.5 to make it, it's scary

[Anonymous No.26124131]

>>26123942
If he has to pay a good amount of tax and he's in the 100ks its possible.

I have 55k right now but i dont have to pay taxes.

[Anonymous No.26124142]

>only 1200x from making it

WE ALL BEGIN SOMEWHERE

[Anonymous No.26124160]

>>26123942
Million is literally pennies, retard. 1 million only buys you a shitty house and a shitty car.
And S&P is about to collapse.
Real making it is 8 figures. I'm mid-6 figures and still need 25x to truly make it.

[Anonymous No.26124165]

>>26123353
Kek, same

[Anonymous No.26124166]

>>26123911
"Making it" means comfy as fuck.
>>26123942
Having to work is not making it.
Making it means buying a house, a car, having some fuck around money+savings + at least 1 mill in stocks that make 70-100k a year

[Anonymous No.26124172]

>>26123705
Lmao 2000 would be nice
>200USD

[Anonymous No.26124180]

>>26122857
4x from making it. I'm so close, yet so far.

[Anonymous No.26124179]

>if i 10x this year ill be able to retire at 20

[Anonymous No.26124206]

>>26122857
Good luck anon! You got this, I hope I’ll make the same thread soon too.

[Anonymous No.26124212]

I’m 3x away from paying cash for a 4500 sq ft house.

[Anonymous No.26124227]

>>26124179
I hope you'll make it anon i really do.

[Anonymous No.26124246]

>>26123752
>we're a generation of lazy bastards who can't even put effort into sex
This is why I literally don't even get hookers anymore it's just such a fucking effort

[Anonymous No.26124267]

>>26122857
10x from FUCK YOU money. Still not selling and ready to lose it all.

[Anonymous No.26124293]

I have to 10x a dozen times this year to get anywhere. Then repeat that 10-20 more times to even be close to making it. I'm standing at the base of Everest with no climbing gear.

[Anonymous No.26124301]

>>26122857
>tfw 30x
I'll never make it, will I?

[Anonymous No.26124340]

>>26122857
>33x

[Anonymous No.26124347]

>>26124301
Not with the path of the hodler...

[Anonymous No.26124364]

>>26123942
No no no anon
You think it's that way cause you're still poor
Making it is at least $2 million, more realistically $2.5 million and a house
You have to pay taxes, beat inflation, and mitigate macro risk on those gains
Not to mention that if you're doing it by crypto there will be booms and busts according to the 4 year cycle so you want to sell in the bubble years and buy back in the bear markets but the government will take at least 20% of that even if you're under long term capital gains

Plus the average S&P return is not 10% but more like 6% after all that, and the entirety of that has been in a central banking environment with the US dollar as the world reserve fiat currency

A "surefire" return is more like 1-2% maaaybe 3-4% which is looking more like $50,000 a year with $2.5 million at 2% interest after inflation and taxes, which THAT is making it

[Anonymous No.26124368]

Only need $5,000,000 dollars and another inch to my length and girth before I make it, bros...

[Anonymous No.26124393]

>>26124293
good luck eh tenzing?

[Anonymous No.26124415]

>>26124293
Wtf are you talking about

$1 10x 12 times

[Anonymous No.26124425]

How much is making it? 1 mil USD?

[Anonymous No.26124471]

>>26124180
same brother but we're gonna make it

[Anonymous No.26124510]

>>26124425
2% APY after taxes and inflation on a principal of at least several million

[Anonymous No.26124545]

>>26124293
lmao are you retarded? if you x10 4times a $100 poorfag bag you have a million. If you repeat that 10-20 times you have 10-20 million dollars.
Even with 20 bucks you'll have >$2m.


So no, you aren't at the base of Everest, don't try to make money anon, try to first develop your low IQ brain or else you won't achieve anything even if you make it.

[Anonymous No.26124547]

>>26123942
>100k
>10x
>have 1M
>Tax jews take 40% (~35% short term cap gains rate + 3.8% NIIT)
>State tax might take even more
>have 600k left
>Invest S&P, ultra-safe withdrawal 3%
>can pull $18k out per year
>part of that $18k gets taxed too in most states

it's doable but I wouldn't call that making it. Living on that would be poverty-tier. If you're low-six-figures I'd want a 25-30% to get my NW to ~3MM, after the worst possible tax scenario and settling for a 3$ withdrawal rate that'd be at least $50k after-tax gross, which is at least middle-class living in a flyover state. Anything less is too precarious to retire on.

You could do it with 10-20x if it's long-term capital gains.

[Anonymous No.26124623]

>>26122857
all in 10k link?

[Anonymous No.26124647]

>>26122857
buy rubic go go go

[Anonymous No.26124656]

>>26123028
Same :(

[Anonymous No.26124657]

>>26124547
25-30x, my bad

[Anonymous No.26124658]

I'm 7x away from 1M but I was hoping I could at least get $5M out of this cycle. Regret not buying more but I've always been all in. Hope LINK goes crazy

[Anonymous No.26124668]

>>26124623
2.3 million fiat is only "making it" in eastern europe or SE asia

[Anonymous No.26124724]

>>26124668
Burger cope

[Anonymous No.26124740]

>>26124011
I don't want to get to cocky, but yeah same.

[Anonymous No.26124771]

X5, it's a weird kind of feeling

[Anonymous No.26124775]

>>26123942
>Hey, all of those things that you ideologically believe in, forget them because youve hit an arbitrary numeral, follow this tried and tested boomer advice!

You fucking retard. Whatever the "make it" number is in the old world, its twice that in crypto. Half to derisk and put into normie investments, half to keep in crypto because its so fucking obvious we're all right about all of this stuff. The dollar is worthless. Why sell your ticket to the ride?

[Anonymous No.26124779]

>1000x from making it

[Anonymous No.26124788]

>>26124724
i wouldn't mind learning Polish or Belarusian

[Anonymous No.26124816]

>>26124166
1m dollars is fuck all money. See below:
>>26124775
2m lets me be comfy af either way.

[Anonymous No.26124935]

>>26124740
I hope you make it, bro

[Anonymous No.26124955]

>10x and I am comfy
>100x and I make it
>1000x I fund expeditions to Agartha

[Anonymous No.26124957]

>>26124668
Then you must be peak consooomer. Many people on here don’t think having a lambo and the latest brands is making it.

Many people including myself just want a house, decent car, and be able to get by and have some money for fun.

[Anonymous No.26124960]

>>26124160
>1 million only buys you a shitty house and a shitty car
unironically nigger tier mindset.

[Anonymous No.26125047]

>>26124957
>Then you must be peak consooomer
no, i just dont want my wealth to vanish at generation zero
>Many people including myself just want a house, decent car, and be able to get by and have some money for fun.
can't tell if you're being serious

[Anonymous No.26125050]

>>26122857
>x1000 from making it

Where can I catch one of these shitcoins that magically goes x99899?

[Anonymous No.26125108]

>>26123942
Boomer pls

[Anonymous No.26125208]

>>26125047
You are literally a negro and will never make it

[Anonymous No.26125209]

>>26123365
based wizard

[Anonymous No.26125245]

>>26122857
same. I feel nothing. I was pretty giddy earlier today tho

[Anonymous No.26125271]

>>26125208
i consume nothing more than the bare essentials, and plan to continue living that way
>some money for fun
implies that you do not live that way

[Anonymous No.26125298]

>>26124788
2M is more than enough for me in Scandinavia. I own a nice apartment in a good area already and my monthly expenses are ~$1200. Most of my salary is placed in index funds.

[Anonymous No.26125350]

>>26124935
likewise anon.

[Anonymous No.26125374]

>>26125298
sounds reasonable, what's you yield and draw? do you have plans for a family?

[Anonymous No.26125419]

i need one more 100x

[Anonymous No.26125475]

>>26125271
Fun is anything you want outside of bare essentials.

Just stop talking. Don’t even reply spoiled negro

[Anonymous No.26125550]

>>26125475
you're choosing to ignore select parts of my post, or pretend that they dont have any meaning

[Anonymous No.26125576]

>>26124160
In what retarded country do you live? lol
With 1 million in Portugal (0% taxes on crypto) you can easily buy a nice house and 3-4 apartments in Lisbon that you can rent and not have to worry about money ever again, unless you're a materialistic dumbcuck that falls for the consumerism trap.

[Anonymous No.26125624]

x500 from making it

[Anonymous No.26125721]

>>26125550
Tbh 2.3 m gets you debt free with a solid home and an extremely solid financial position up until about age 50. If you invest the lions share and add to it, that's an easy early retirement. If you aren't a dummy you should already be making a lot that you can add to the investment

[Anonymous No.26125732]

42x away from making it..

[Anonymous No.26125792]

>9x from paying off house, grad school debt and having 600k left over.
>20x from retiring at 26
>40eth, 2k LINK, 1.36 BTC

Cutting it really close here

[Anonymous No.26125837]

DMG now, surf the alt season, move into BTC dip, wait for a while and voila

[Anonymous No.26125871]

>>26123730
10M at least

[Anonymous No.26125905]

>>26123730
depends on cost of living in your area + your standards, 5m is making it to me

[Anonymous No.26125967]

>>26125792
don't bother paying off the debt. once you have the money, just refinance to a low interest rate. inflation is coming, you'll regret paying that shit off instead of growing your assets.

[Anonymous No.26125968]

>>26124364
This one is on the money.

[Anonymous No.26125976]

>>26122857
>$100k semipoorfag here, 15x from being financially safe, 25x from being comfy as fuck

A small house with some land, a van, $3-4k passive income per month and a sailboat to travel around the world are all I need.

[Anonymous No.26126004]

>>26122857
>100x from making it
>5x from quitting my job anyway

[Anonymous No.26126021]

>>26125374
I have a small family already. 3% after taxes would be enough for me, even 1-2%. My funds follow global index so I assume I can re-invest part of the yield (in addition to handling inflation).

[Anonymous No.26126045]

>>26122857
i know that feel bro.

if you're holding link, then be comfy.

[Anonymous No.26126072]

>>26125792
Literally never pay off any debt, don't pay off your house or school loans or loans of any sort ever. What are you, retarded? Unless you think you can't make the interest back but most loan rates are so low you'd have to be fucking braindead. Even if you have a 4.5% loan on your mortgage you should be able to make 7% annually just giving your money to a money management firm. Why the fuck would you take a large chunk of your net worth and gimp your ability to make more? Loans are free money, unless you pay them back on a shortened time frame like a simp.

[Anonymous No.26126089]

>>26126004
Can you name some numbers and cost of living? You post in jest knowing its dangerous territory, but I understand the horrors of wagecucking and making more in a night than you do in a month.

[Anonymous No.26126097]

>>26125721
>>26122857
though these kinds of threads make me think the top is here :(

[Anonymous No.26126118]

>>26122857
eth

[Anonymous No.26126135]

>>26124364
You're mostly right except 3-4% is way low. Literally ANY investment firm will guarantee you more than that, and if you just manage your own money getting 10-20% a year shouldn't be hard.

[Anonymous No.26126175]

>>26125967
Yeah ill probably never pay off the student debt and only make the most minimum payments, fuck em.

But there is something really appealing about paying the house off completely and never having to worry about a roof over my head being taken from me or my family. Id also be able to completely invest my paychecks into whatever I want. I think Ill always keep the btc and a small portion of the eth and link.

[Anonymous No.26126203]

>>26123673
Voyager has 8.5% APY on USDC. You already made it fren

[Anonymous No.26126206]

>>26125721
I dont get these people that say with 50k a year you live poorly. You won't lose your ability to invest ever, you'll always be making money out of it but at one point you need to divest from crypto and to really "make it". You can always try to build up what you cashed in with the benefit of your experiences and of having financial security. You dont need to gamble like a degenerate so you turn 1m into 10m

[Anonymous No.26126228]

>>26124957

Agreed, a house is all I want. I'm happy to wagecuck, knowing the one main thing that eludes most other millennials will be sorted for me.

Making it is irrelevant, I'm holding until house or zero

[Anonymous No.26126321]

>>26126097
it is here.

except for chainlink

[Anonymous No.26126440]

>>26123730
"making it" really is just a state of mind. My target was 10mil but now my portfolio combined with my fiance's looming inheritance is worth over 10m and i now feel like I need $20 mil.

[Anonymous No.26126497]

XMR is the key while you’re teetering on the 6fig hell razor’s edge, OP.

[Anonymous No.26126523]

At this point, is only called "holding"

[Anonymous No.26126574]

>>26123942
the replies to this post make me hopeful for the future.

$1MM is poverty tier, not gonna make it off that. And the USD is not going to maintain value relative to the market and crypto. I posted a thread a while back about how we should actually be measuring value.

>One thing that felt strange to me is not trusting the dollar as a standard of measurement for goods and services and I still haven't found a proper substitute for it. There's so many options available to store wealth it's hard to find some sort of metric to measure it. And I think alot of us are betting on the failure of the dollar. I find myself picking dollar values I'd like to hit, like $500,000, $1MM, $5MM, etc but when I remember the long term prospects of the dollar it feels like a foolish standard of measurement.

we measure value by target amounts of liquidity at the moment but that's not really value, it's just liquidity between assets. there's nothing backing the dollar and if we go full on UBI we're gonna see some serious devaluation going on here.

I don't think it's possible any more to measure "making it" in dollar denominations. What the fuck is $1 going to buy you in 10 years? It doesn't even buy a fucking McDonalds double cheeseburger at anymore.

I feel weary whenever I hold cash. I don't like it. It feels like I'm holding air. It's so hard trying to figure out how to derisk in these times. Only thing I can think of is property at the moment, and then you get nickeled and dimed for property taxes. It's all so tiresome.

[Anonymous No.26126641]

>>26123323
same

[Anonymous No.26126724]

>>26126574
we pass judgement on exactly this on this korean cartoon forum all the time bro
10k LINK stack for example is make it
1M GRT is make it
2k AVAX is make it
pay attention please

[Anonymous No.26126731]

>>26126574
the economy is a machine for motivating workers and creating stake holders. its always going to be hard to live insulated from it

[Anonymous No.26126777]

>>26123440
This position bends my dick so hard it feels like it's going to break. What am I doing wrong?

[Anonymous No.26126822]

8x. FUCK IM GETTING NERVOUS

[Anonymous No.26126865]

>>26126440
But waking up in your dream house and not having to work again. This does nothing for you?

[Anonymous No.26126953]

>>26126440
imagine the smell

[Anonymous No.26127002]

>>26126777
damn I guess i'm not doing anything wrong with those digits.

[Anonymous No.26127013]

>>26126724
yeah. the never selling meme doesn't sound like bad advice anymore.

[Anonymous No.26127049]

>>26126953
The piss is fully contained. There is no smell here.

[Anonymous No.26127076]

>1,000x from making it

[Anonymous No.26127186]

>>26127013
soon all the meme responses will start sounding real to you and then you'll know you've made it

[Anonymous No.26127335]

>>26126731
It's basically impossible to live insulated from it, but we aren't talking about the economy, we're talking about runaway inflation. I will concede that the debasement of the currency has resulted in massive growth and a general increase in living quality, but at the expense of the people's ability to acquire wealth. It's virtually impossible and it takes an extreme amount of autism to gain and protect it.

we went from 15T to 19T of M2 since 2020 and it's only getting worse. That's over a 20% expansion of the monetary base in a single year. the music is stopping and some drastic changes are going to occur.

[Anonymous No.26128081]

>>26123484
is there any hope lads

[Anonymous No.26128242]

>>26122857
50x from making it

[Anonymous No.26128310]

>>26126777
It's just not a good position, I'm pretty sure it has the highest rate of sex injuries. Your dick doesn't "break," but you can fuck it up pretty bad if it's mishandled

[annon2 No.26128403]

>>26122857
i'm so very close to making it!!!

[Anonymous No.26128544]

>>26122857
3x from making it