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/biz/ - Business & Finance

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27785678 No.27785678 [Reply] [Original]

i went from 100k in 2020 to 7mm in crypto holdings

i am planning on holding until i hit 10mm

i have no other investments

my hands shake every time i wake up because i am scared of losing it all but i am also addicted to the rush of refreshing my blockfolio

what should i do

>> No.27785744

>>27785678
What's your portfolio anon, help me escape 5 figure hell

>> No.27785831

What you hold ? Solid projects shouldn’t make you worried.

>> No.27785842
File: 52 KB, 589x452, 1603059758208.jpg [View same] [iqdb] [saucenao] [google]
27785842

>>27785678
coom

>> No.27785851

Buy property retard and rent it out to other retards and get those monthy checks for being their owner.

>> No.27785864

>>27785678
Genuine question, how do you secure your crypto?

>> No.27785902

>>27785842
That man has a nice ass, right?

>> No.27785903

>>27785744
60% eth 40% defi

>> No.27785995

>>27785903
Which defi?

>> No.27786013

>>27785864
ledger

>> No.27786055

>>27785995
All.

>> No.27786068

>>27785995
snx aave bzrx sushi rune comp perp badger yfi alpha akro

>> No.27786107

Cash out 3mm, put it in a fund with 5% apy and get 150k a year so you don’t have to worry. Your 4mm in crypto would be a bonus.

>> No.27786113

>>27785678
Cash out half, don't be dumb.

>> No.27786145

>>27785678
dude. at least cash out a few hundred k

>> No.27786179

>>27786107
but i can 3x from here quite easily and have 21mm

>> No.27786198

>>27786068
>bzrx
I bought this earlier this year and still have it as a bag but I'm about to sell out because it seems like a waste of capital. Why would you still hold this?

>> No.27786233

youre already at millions

if you have no other investments you should cash out at least 1,5mil and invest it in a safe fund so you dont ever again have to worry about money
(7% = 105000 a year)

ride the rest to whatever highs you want, at lest you will have a peace of mind in case you do lose it all

>> No.27786286
File: 93 KB, 600x356, 7D7958A7-58EF-4B37-896E-39D86855525B.jpg [View same] [iqdb] [saucenao] [google]
27786286

>>27785678
Cryptokek

Project releasing tomorrow. Bound to go to atleast .20 cents. Put in 100k and just rake it in anon. Under 1.6m cap.

>doxxed team
>frequent updates
>growing active community

>> No.27786291

>>27785903
based and unironically how you make it

>> No.27786310

>>27786198
because all of defi is going to 3x-30x from here and bzrx will be a part of that

>> No.27786344

>>27786179
or you can lose it all because like you said, you've got an addiction to the rush

don't be a retard, you can literally have your cake and eat it

>> No.27786396

>>27786179
Or it could tank, and even if it doesn’t you’ll worry about it every day of your life. 3x the 4mm and you’re at 12, add that to the fund with the other 3mm and your at 15, meaning 750k per year for doing nothing.

>> No.27786408

>>27785678
cash out however much you think you need to neet for the rest of you life bro

>> No.27786507

>>27786310
Wouldn't it be better to just get into some other low market cap shitcoin that has more meme-ability with less baggage? BZRX fags have shit the bed twice and everyone knows them, if it moons I feel like it won't moon as much as newer meme shit

>> No.27786581

>>27786068
Thank you anon. If you were to choose between akro and bzrx, which would you choose? If you only had say, 2k to invest.

>> No.27786607

>>27786068
A few good killers in there. ALPHA bigtime. Add some CREAM in ya coffee too.

>> No.27786649

>>27786581
bzrx

>> No.27786668

>>27786107
Fucking retarded cuck. He could dump it all in polka dot and make a MINIMUM 10% annually, with 0 risk, much less risk than stock market. Why is everyone on this board so stupid?

>> No.27786683

>>27785678

Take out 1-2 mill, put them under your bed. Let rest either grow or crash. You have already more than enough, why risk it all?

>> No.27786689

with that much I hope it's mostly in BTC and ETH now. Boomers are right when it comes to protecting wealth... use small money to make big money then move big money into safe assets to protec

>> No.27786716 [DELETED] 
File: 190 KB, 1080x1593, original_280035002.jpg [View same] [iqdb] [saucenao] [google]
27786716

https://stocktwits.com/symbol/CLF

$CLF
02/04/2021
>"New orders for manufactured goods in December, up eight consecutive months, increased $5.2 billion or 1.1 percent to $493.5 billion, the U.S. Census Bureau reported today."

https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

--------------------
$CLF
02/04/2021
>"US trade court dismisses challenge to Section 232 steel tariff"

https://agmetalminer.com/2021/02/04/this-morning-in-metals-us-trade-court-dismisses-challenge-to-section-232-steel-tariff/

>> No.27786743

>>27785678
>i went from 100k in 2020 to 7mm in crypto holdings
>i am planning on holding until i hit 10mm

Arguably the dumbest plan I've ever heard. You already made it.

>> No.27786756

>>27786716
tranny bags

>> No.27786787

>>27786507
that doesn't matter anymore
defi goes up = everything else goes up
at this point i am holding until paradigm change and then i am dumping everything

>> No.27786806 [DELETED] 
File: 329 KB, 1080x2400, Screenshot_20210204-161403_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
27786806

>>27786756

Cope

>> No.27786824

>>27786743
How poor do you have to be to think $7M USD is "making it"? That's literal chump change, it'll get you a house and maybe 5 years of expenses.

>> No.27786893

>>27786806
CLF tranny you do realize that until you find someone stupid enough to buy your options you haven't actually made any money and you're at risk of losing everything you spent on the options... right?

>> No.27786921

>>27785678
Stop being a retard and cash out 1m; you’ve got your nut, everything else is just icing on the cake

>> No.27786939

>>27785678
Making that much interest for doing nothing will be your worst downfall unless youre just a luckbox with no real useful skills or ability to contribute to society in any meaningful way. So embrace being a spender. The economy needs it. Better than being an old rat bastard that just sits on their money and doesnt circulate it locally at the very least. Consuming is necessary, but you will never be a producer when your life gets that easy.

>> No.27786944

>>27786743
7mm is nothing lol
15mm is the world's tallest midget
20mm is where it starts to count

>> No.27787004 [DELETED] 

>>27785678
Hands shaking is fucking nothing compared to waking up with panic attacks, literally feels like a heart attack right when you open your eyes and last for an hour

>> No.27787029

>>27785678
>my hands shake every time i wake up because i am scared of losing it all
Take profits
Your mental wellbeing is better than numbers in a computer

>> No.27787155
File: 2.71 MB, 429x592, terry dance.gif [View same] [iqdb] [saucenao] [google]
27787155

where can i learn about this OP, I have no crypto experience

>> No.27787169

Uhh cash out at least 1m dumbass

>> No.27787181

>>27786944
If you have less than 10 figures you are poor. If your family has less than 12 figures you are destitute. The Rothschilds have literal trillions, that's real money baby.

>> No.27787214

>>27785678
taxes babe ;-)

>> No.27787219

>>27785678
>10mm
Is that the length of your cock lol

>> No.27787243

>>27787029
this.

>> No.27787259 [DELETED] 

>>27787155
Lurk more faggot

>> No.27787276

>>27786649
The charts look good. Went all in, appreciate it OP. Any more tips for a stacklet like myself?

>> No.27787344

>>27786668
can you explain, I'm from /smg/

>> No.27787366

>>27785678
online, I'm a billionaire astronaut oldfag with a crypto empire, too. bow before ur god111

>> No.27787388

>>27785678
What was your biggest gainer? What did you put the 100k in to really get to over 1million?

>> No.27787397

>>27785678
built for BBC

>> No.27787477

>>27786179
Nigger who tf cares you are thinking like a Jew
Would you use that money to start businesses to hire other based anons? You wouldn’t. Just cash in your bags and let it go and relax for the rest of your life.
You don’t need to stress yourself so much just for yourself

>> No.27787490

>>27787344
https://polkadot.network/
staking gives you guaranteed annual returns also the coin itself will hit $200 EOY

>> No.27787537
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27787537

>>27785678
save the bees and trees
>>27787344
>>27787388
>>27787155

buy and hold undervalued crypto

>> No.27787570
File: 223 KB, 1080x2160, Screenshot_2021-02-04-20-46-41.png [View same] [iqdb] [saucenao] [google]
27787570

I started with 200k in 2017 and I fell for the fucking silver meme. Bitcoin is my only saving grace

>> No.27787696

>>27787388
I put 100k into btc 3 years ago and it 10x'd since then. Im almost positive you can do it again. Buy ~3 btc and hold for 3.5 years

>> No.27787698
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27787698

>>27786286
$80 gas fees

>> No.27787706

>>27787181
how much do you have?

>> No.27787710

>>27785851
Staking crypto pays 10% minimum on a lot of projects. You dont get that return with a house, nor can houses do a 10, 20, or 100X in a year or two.

He went from 100k to 7mil and you tell him to buy a house and hassle with renters and maintenance and you call HIM a retard??

>> No.27787727

>>27785678
Where is her ASS?

>> No.27787731

>>27787706
10M RBC
I will be a billionaire EOY
AMA

>> No.27787746

>>27787388
dsd but it's dead now

>> No.27787760

>>27786824
>How poor do you have to be to think $7M USD is "making it"? That's literal chump change, it'll get you a house and maybe 5 years of expenses.

Disregarding the possibility of investing it in an index fund and living off the yearly income, why would your expenses ever be $1 million a year? You might as well be worried after winning a $1 billion PowerBall because it will be gone in a decade after spending $100 million a year.

>> No.27787785
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27787785

>>27787259
I do lurk, and 90% of what I see is just talking about coins. Which is cool, but what tools should I be using to purchase coins, what are some things OP keeps in mind when selecting what to buy.

>> No.27787812

>>27786107
>>27786233
wouldn't xe get fucked by taxes?

>> No.27788122
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27788122

there was a guy like you back in the 90s, made millions and millions of dollars, never took any of it out, wound of losing almost all of it. take some money out. you can still check your shit every day but you'll also have the peace of mind knowing a chunk of it is safe

>> No.27788154

not sure if this is a sophisticated LARP by OP but I'm actually enjoying this thread.

>> No.27788205

>>27786824
You absolute retard. How old are you? You have literally no idea what it costs to enjoy a cozy family lifestyle.

7 million dollars, even if you're dumb enough not to invest it, will still get you a nice house and keep you comfortable for a long, long time. Think more like 40 years.

>> No.27788323

>>27786824
If I was handed 7mm, I could love the rest of my life very comfortably and never want for anything. You’re just wanting shit you don’t need.

>> No.27788341

>>27787812
sure, sure
but its a 'choice' to pay the taxes, if you're savy enough you wont have to
(even thought advisable when dealing with beating the market so hard)

also, depending on where he's from (i pay just 20% of profit taken in my country)
he wont get fucked too much

paying 200k is getting kicked in the ass, sure, but comeon
we're talking about retirement/fuck you status

>> No.27788489

>>27788341
paying 200k on a million*

if he's cashing out 1,5 he's still well above a million, so set for life

>> No.27788535

>>27785678
I don't believe it. How the fuck did you 70x your money in a year?

>> No.27788736

>>27787760
>>27788205
>>27788323
If you're not constantly spending your money to expand your wealth and power you're basically just a gentile dog.

>> No.27788840

>>27786291

doesn't make sense though. eth didn't 70x in 2020.

>> No.27788955

>>27787490

>shitcoin with 0 transaction volume inflates by 10% per anum
>it will hit $200

>> No.27789080

7mm my ass you degen. go to a jew financial advisor who will make you proper bank

If you wannna be a jew yourself

1mm - Your house
1mm - High interest bank account for liquidity if you need it
1mm - Bonds - for safety
1mm - Funds - for steady safe gains
2mm - investment properties
1mm - crypto

Buy a house in a foreign country and chill the fuck out because you've already made it.

>> No.27789086

>>27786107
>>27786233

has anyone here ever actually cashed out and converted a significant amount of coin to fiat at any exchange?

>> No.27789154
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27789154

>>27785678
can i have some

>> No.27789213

>>27788736
>If you're not constantly spending your money to expand your wealth and power you're basically just a gentile dog.
This. money buys you influence, the most valuable thing a man can have.

>> No.27789249

>>27785678
congrats man, I would make sure to hold a significant amount of bitcoin if i were you, much less risky than eth and will still moon.

how often would you enter or exit your positions ?

how do you allocate your bags ?

would you invest into AAVE or other big winner right now today at the high ?

where do you trade ? uniswap mostly or binance ?

what crypto are on your mind the most right now ?

>> No.27789282

>>27787731

post address

>> No.27789284

>>27786068
Is it too late for all of these? How do you find em?

>> No.27789445

withdraw half of it and hold the other half

>> No.27789483
File: 1.43 MB, 300x225, 1547844702167.gif [View same] [iqdb] [saucenao] [google]
27789483

>>27787731
does it bother you that you're a prick or do you just live with it

>> No.27789500

>>27789086
Lol cashing out is a meme

>> No.27789520

>>27789284
Now is the time to buy defi, it's not too late

>> No.27789618

>>27789500
then you havent actually made any money

>> No.27789690 [DELETED] 
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27789690

>>27785678
I really need help OP. Any amount of ETH would mean the world to me. If you feel like helping a down on his luck anon.

0x2C0Aa750E42c8d8DAC6C3B06bfc327D349eea96a

>> No.27790079

>>27785678
Literally cash out of this time bomb. Even if it does continue to skyrocket, it is not worth it at he cost of your sanity. Invest in real estate or economy based stocks. Get your standard percent returns and live life man

>> No.27790482

>>27790079
I agree
>>27785678

Diversify your revenue streams. If I had 7million I'd buy several properties, start a business, put 1 million in safe investments, and keep about 3 million in the crypto market to speculate with.

Though I can see how greed and keep you in it.

>> No.27790771

>>27790079
Time bomb as in crypto as a whole, or just ETH?

>> No.27791163

>>27789618
I cashed out to buy a new phone but that was a small %

>> No.27791379

>>27785678
Larp

>> No.27791977
File: 3.50 MB, 516x472, 1590286755273.gif [View same] [iqdb] [saucenao] [google]
27791977

>>27786787
>>27786310
>because all of defi is going to 3x-30x from here and bzrx will be a part of that
What do you think of BID (Bidao)? Newer Defi project working with LINK and Binance?

>> No.27793284

>>27791977
I'd like to know this as well

>> No.27793630

>>27791977
What are your thoughts on it?

>> No.27793918

>>27788535
i bought bzrx at presale and sold between 50c and $1
then i put it all into eth and btc at 450 and 13.5
then i put 300k into dsd and got 1mm out of it in a week
all the while i was buying up the tokens that i listed here >>27786068

>> No.27794033

>>27793918
Are you a genius? Have you done an IQ test?

>> No.27794131

>>27794033
i think i'm around 125

>> No.27794135
File: 84 KB, 1062x1080, 1594953175592.jpg [View same] [iqdb] [saucenao] [google]
27794135

>>27793630
I think it looks solid man. My buddy bought in to the ICO and told me about it. There are just so many DEFI projects out there it is hard to know which ones are solid right at release. German team looks to be upfront and reliable. Supposedly bidao is release the beta version of their platform soon and that should draw alot of interest. Comfy hold for me.

>> No.27794204

>>27785678
keep living like this. when you stop you die.

>> No.27794300

>>27794131
Have you been in crypto or other financial markets for a while? Just wondering what's the difference between you and most other investors

>> No.27794439

>>27794300
i started in 2010 and i lived through 80% reduction of my holdings twice, in 2013 and 2017.

i had 1mm in 2017 that i slammed on various ico's.

>> No.27794536

>>27794439
I respect you stones, man

>> No.27794661

>>27785678
stop masturbating

>> No.27794977

>>27794439
Do you have any thoughts on this?
>>27791977
>What do you think of BID (Bidao)?

>> No.27794991

>>27789282
I have 100 wallets good sir.

>> No.27795050

>>27787537
Shill me some undervalued crypto. I have RSR and am pleased with that, but it's a pain in the ass to use because no fucking exchange carries it except biloxy and they don't have any way of direct funding.

>> No.27795074

>>27788955
>0 transaction volume
It has a $2B volume...

>> No.27795116

>>27794977
no

>> No.27795249

>>27793918
What are your price predictions on BZRX, if you have any? Thanks for answering our questions, OP.

>> No.27795254

>>27786179
There's the greed that kills right there.

>> No.27795370

>>27786113
This. Dont be stupid anon.

>> No.27795442

>>27795249
idk about bzrx specifically but i think we are about to hit 'enthusiasm' in the meme chart, eth is going to hit 2.5-3k 100%, defi is going to 3x-30x from here, and then it will all come crashing down 70-99%

>> No.27795452

>what should i do
Would you buy right now? I wouldn't, personally. I don't think these prices can last forever. I'm waiting for a big dip. Since I wouldn't buy, I wouldn't hold 100%. You do what you would do though.
You don't have to hold the whole thing either. You can cash out at least a little.
Also, you did your big play, you have enough money to make money for you with safer, more spread out investments now.
Finally holding out for another 3mm is stupid, it's not that much. You can get that money safe if you're not so impatient. Would you rather have the regret "I could have been a millionaire, but I got too impatient", or "I could be an even bigger millionaire, but I was too cautious"?
I think all signs point to re-evaluating your strategy, but really think on what I've said and don't just do what I'm saying.

>> No.27795575

>>27787029
Imagine not setting a side some money to give some peace of mind.

>> No.27795581

>>27789213
Who the fuck cares? With that much money you could buy insane property in the place of your choosing, and raise your kids with your wife, and spend all your free time with them. What happens when you are near the end of life and you are rich as shit but have no lasting legacy and no meaningful impact on the things that matter most? I bet you also like when faggots comment on your instagram posts you twink

>> No.27795765

>>27794439
Damn, well thanks for sharing, it does help explain how you could perform so well from 2020 to now, congrats!

>> No.27795953

>>27794439
Good job man but you don't have to make such risky plays that put everything you have at risk all the time. You've made it, chill. If you're addicted to the rush, just bite the bullet and cash out, take a little vacation and try to reset yourself.

>> No.27796091

>>27785903
yeah that'll do it

>> No.27796269

>>27795050
Uniswap 1inch simpleswap

>> No.27796432

>>27785678
DAMN 7 millimeters?

>> No.27796478
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27796478

>>27786068
pro tip buy DPI to have exposure to aave uni yfi, save on gas

>> No.27797118

>>27795442
Fascinating. I believe you. When you mentioned a “paradigm shift” earlier, did you mean defi going 3x-30x? and/or Eth/Btc doubling?

>> No.27797544

>>27797118
yes, 'new paradigm' on the meme chart
defi 3x-30x, eth/btc doubling at the very least

>> No.27797609

>>27797544
I want to buy in but wanted to wait for a corrective dip, which I've been hearing people say is imminent. Do you think that's a reasonable expectation?

>> No.27797680

>>27797544
>>27797609
>in reference to eth/btc

>> No.27797731

>>27787537
all cryptos are overvalued from 20x to infinity compared to their usage, even if you project yourself years in the future

>> No.27798198
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27798198

>>27797609
i think we're just hitting enthusiasm

>> No.27799406

>>27785678
So are you swing trading like mad or what

>> No.27800482

>>27799406
i have open long positions on futures for eth and btc but that's all
just holding the rest

>> No.27801269

>>27787710
If you can't even understand the concept of diversifying and guarding your wealth you deserve to lose it all.

>> No.27801507

>>27788341
>but its a 'choice' to pay the taxes, if you're savy enough you wont have to
You have no idea how bad it is for Americans bro

>> No.27801750

>>27786824
youre such an edgy fag lmao, gtfo

>> No.27801870
File: 111 KB, 1078x1021, Screenshot_20210205-030457~2.png [View same] [iqdb] [saucenao] [google]
27801870

I want to be like you but I'm genuinely retarded. What are the solid DeFi projects that I could hold long term?

>> No.27802506

>>27785678
You should cash out $4M to your bank desu. Once could live forever even savagely on that.

Can't take it with you. Coke and ladies etc.

For me, It's DMG until $10 and I'm out.