/biz/ - Business & Finance

[Anonymous No.27806978]

>started browsing /biz/
>Turned 11K into 44K in under 3 weeks after only getting 14% from stocks
Best board by far. Gonna be 6 figures very shortly. Easy millionaire EOY. Basic research is how you win.

[Anonymous No.27807019]

tell me how you fucking do it
please i'm retarded

[Anonymous No.27807061]

>>27807019
This

[Anonymous No.27807094]

>>27806978
Lol 44k is nothing compared to the hyper inflation that is coming. I suggest buying a house and locking into a loan before they are unaffordable

[Anonymous No.27807178]

>>27807019
He prolly bought 11k on eth a couple weeks ago

[Anonymous No.27807242]

>>27807019
yolo into shitcoins, its the only way. Dont even think of using your brain

[Anonymous No.27807295]

>turned 5k into 50k in 6 weeks

no one in my family has ever had this much wealth
this morning I casually scooped a 3 ETH profit, it's that fucking easy

this anon is right >>27807242

[Anonymous No.27807329]

>>27807019
Throw your money at shilled coins with investors and successful projects in their ecosystem.

[Anonymous No.27807387]

>>27807295
This works until everything crashes and you’re fucked. I turned $500 into $7K in January 2018 and lost it all. Be careful

[Anonymous No.27807390]

>>27807094
I bought a flat in NYC not six months before the pandemic started and it is one of the worst decisions I’ve ever made.

[Anonymous No.27807425]

>>27807295
Nice anon. Currently 34%+ from starting investing late December. Hoping to make it by EOY 2022

[Anonymous No.27807439]

>>27806978
Tell us how you make your researchs bro.

[Anonymous No.27807443]

>>27807019
If you have any understand on stocks, applying those ideas to crypto will always work.

It seems like /biz/ shills endless shitcoins. These can be of use if you are early enough. Always retrieve your initial outlay as soon as you get a 2x. Every 2x has been a milestone for me and I continually reduce my holdings for more ETH with every 2x. None of these shitcoins can exist without ETH. ETH is the truth.

It’s clear to me based on the notion of the ‘Make It’ stack that the whole purpose is to sell of portions of your stack as a coin climbs in value. If it reaches $1, that’s the point where you’ve tapered all the way down to 100K coins. At this point, I plan on taking only at 10x increases.

Let’s say
>new project
>you get in at 00002
>recover initial investment at 00004+
>project withdrawals based on current stack and how long it will take to reach $1/stack sold off to 100K tokens assuming the token omits actually make sense
>take profits at each milestone until you reach ride or die phase
The motto
>Bulls make money
>Bears make money
>Pigs get slaughtered
Is so true. Can’t feel bad if you take profits. You’ll feel like shit if you are left with a bag though. If you’re too poor, only buy ETH and LINK to start. Make small plays on increasing your stack of each through shitcoins. Ultimately, you will never make it if you don’t understand what Satoshi’s white paper is meant to achieve.

[Anonymous No.27807468]

>>27807390
Legit might not see a profit on that for a decade. I have a feeling NYC is going to be abandoned in the 20s as it becomes more liberal and less safe

[Anonymous No.27807501]

>>27807443
Fucking autocorrect. This imagine did tilt for me.

[Anonymous No.27807508]

>>27807387
I have a binance account to dump whatever I make in USDC, at least that's my safety net

[Anonymous No.27807524]

>>27806978
lmao its a bullmarket you absolute donce.

2017 minted a few millionares and early 2018 minted 50x as many bagholders.

Its posts like this that make me very fucking cautious about the impending bear market (it's always impending). Dumb, arrogant money is just asking to be taken advantage of (i.e. dumped on).

Good luck fag.

[Anonymous No.27807537]

Hey same return as me my man.

Except it was over the course of a year and was $200k at one point. Yes I'm retarded.

[Anonymous No.27807545]

>>27807390
I think my -70% GME is better investment than NYC apartment.

[Anonymous No.27807550]

>>27807501

[Anonymous No.27807602]

>>27807550
3/3
>>27807524
Doesn’t matter. I will always diversify through stocks and real estate. Crypto is the perfect fuel for this.

[Anonymous No.27807610]

>>27807443
>he's a crypto fag
0 EOY

[Anonymous No.27807660]

>>27807468
I know ;-;
>>27807545
It wasn’t an investment. I worked in the city and didn’t want to keep moving around. Now I’m at a permanent remote job and just want to fuck off to nowhere New Hampshire. It’s so fucking sketchy at night now too.

[Anonymous No.27807748]

>>27807390
Okay you did that to yourself by buying an apartment (I notice you're a brit, yes. muh "flat" already for that reason ngmi) in NYC

[Anonymous No.27807799]

>>27807387
Determining a shitcoin to bluechip ratio helps. I never leave the entirety of gains in after a pump. I scale out into eth until the house has paid for the bag. In bear markets I add a larger percentage of gains to stable coins. But let's not talk about the bears because if you're not all in alts this bull run then you're missing out.

[Anonymous No.27807906]

>>27807748
Yes, hence “one of the worst decisions I’ve made” and not “a terrible thing inflicted upon me by some mysterious outside force”

[Anonymous No.27807918]

>>27807799
How does one learn when the bull market is ending anon

[Anonymous No.27807971]

>>27807390
People who bought property in Tokyo in the late 1980s are STILL not at break even, despite the fucking insane prices today.

People who think there can't be a decades long bear market in real estate are retarded.

[Anonymous No.27807974]

>>27807918
You learn after it's over not before.

[Anonymous No.27808003]

>>27807918
You can’t know. Spread your risk and it isn’t that big of a deal. Bear markets are a fire sale. Bull markets are a money spinner.

[Anonymous No.27808018]

>>27807918
When people that don’t give a shit about investing start talking to you about their investments.

[Anonymous No.27808064]

>>27806978
>>27807443
>>27807550
>>27807602
Every trader/investor with your mindset I know has lost money. The market will humble you boy. Its a bull market retard you are not special, you have only been investing for such a short period of time you have very little data to determine with your "strategy" is successful.

[Anonymous No.27808083]

>>27807971
Pls no bulli
I did not anticipate the kung flu

[Anonymous No.27808149]

>>27806978

Nice I turned $100k into $450k, gonna be a 7 figure bizchad in 6 months or so. feels good man

[Anonymous No.27808150]

>>27806978
Basic research on LTO is just getting started on the last few LTO generals. Less than a week in and we have link marines diversifying into LTO. I suspect whoever figures the riddlers math out and posts it will open the LTO floodgates.

[Anonymous No.27808287]

>>27808064
OP said basic research helps you win more in a bull market which suggests it's nothing special.

[Anonymous No.27808299]

>>27806978
This.


Literally doubled my (patheticly small and still pathetically small) net worth from this board in a matter of months.


Literally wtf is the point of wagie lifestyle if money can be made this easy...

[Anonymous No.27808353]

If you can stake through the year you will get profit. If you're a flipper suck my balls
lol still use this shit and believe in this schiller's shit
don’t be so tarded man, nft is new pearl
want to see it by yourself? join fucking gret playcent and forget about that stupid rubbish you use now

[Anonymous No.27808382]

Get it while the getting is good.

[Anonymous No.27808451]

>>27808149
The bull Market ain't gonna last 6 months anon...I'm considering cashing out now and using my profits to buy in at the next dip.

[Anonymous No.27808453]

>>27808299
You people are going to wake the bear

[Anonymous No.27808497]

>>27808299
How did you you do it, anon? Congrats

[Anonymous No.27808507]

>>27806978
Lmao you’re going to lose everything. I’m selling all my shit today. This bubble about to pop.

[Anonymous No.27808530]

>>27808453
For real simmer down moonboys

[Anonymous No.27808603]

>>27808453
>>27808530

Look at my other comment. I ain't that stupid. I'm fully aware a bear could literally happen any hour now and I'm cashing out my profits to buy in at the next dip.

[Anonymous No.27808604]

>>27807799
Yeah I’m sure I could make a lot more money playing it this way but I bought a good amount of LINK around 30c and I just plan on holding until I’m set and then selling 80%. too stressful staring at the charts nonstop and worrying about taxes if you’re a burger.

[Anonymous No.27808656]

>>27807443
Good post, thanks. I'm a poor zoomer so every decision I make matters.
>If you’re too poor, only buy ETH and LINK to start. Make small plays on increasing your stack of each through shitcoins.
Why buy ETH and LINK at the start? They don't fluctuate much.

[Anonymous No.27808706]

>>27807971
Wait what are you for real? What is killing their margin? Taxes?!?

[Anonymous No.27808801]

>>27806978
It's posts like this that make me think the bull run is over. People have a little bit of success and think it is easy

[Anonymous No.27808868]

>>27807974
Profound

[Anonymous No.27808950]

>>27808003
Yeah I am in a bit of a dilemma atm. A shit coin was up 800% and I didnt withdraw my principle investment, its dumped a bit now to up 600%. I only invested like 150 bucks so...

[Anonymous No.27808979]

>>27808353
Is this english?

[Anonymous No.27809075]

>>27808801
ngl im pretty sure were at dangerous peak levels.


Of course you can't tell and for all we know big coins like btc eth and link could explode some more by eoy but I'm suspicious af every day that they grow.

It has to stop somewhere and I'm feeling another crash coming.

[Anonymous No.27809399]

>>27809075
You aren’t alone. I’m scared bro.

[Anonymous No.27809607]

>>27807443
>None of these shitcoins can exist without ETH. ETH is the truth.
Lol no. There are alternative platforms for them to run on. AVAX and ARK (my fave) to name a couple. ETH is boomer and not user friendly, it’s for nerds. 1 click blockchain for normies with nerdy stuff also available is the future. Eth is elitist and it will be their downfall. The OG ETH HEADS are hoarding their control of the market.

Also, look into NXS. I’m not shilling, just telling you to look into it. Nobody else will but enjoy :)

[Anonymous No.27809693]

>>27809607
>NXS
XNS (insolar) -_- autocorrect is trying to keep it a secret.

[Anonymous No.27810222]

>>27808451
i think it depends if we get a stimulus and how much. if a decent stimulus comes and extended unemployment benefits combined with people trapped at home still because of covid, the bull run will continue.

[Anonymous No.27810860]

>>27807971
I can only speak to the Japanese situation here. Japan is different. Houses don't appreciate they only depreciate. Japanese people hate old houses and literally buy houses only for the land. A majority of houses bought are demolished and rebuilt.
They build them cheaper and less sturdy then in the west.

[Anonymous No.27811161]

>>27810222
If those cocksucking dems don’t give us our gibs I’ll be shocked

[Anonymous No.27811337]

>>27810860
There's no insulation and I hate it.

[Anonymous No.27811409]

>>27809075
Yes, BUT dollars are literally doubled in supply in the last few months. Fuck dollars. Fuck with crypto to stack enough to cash out real assets, and repeat.

[Anonymous No.27811506]

>>27806978
>only 14% in stocks
How retarded do you have to be not do 20% minimum since 2019?

[Anonymous No.27811522]

>>27806978
I missed out on this bull run cause %70 of my summer portfolio got rugged during sep-dec :( be careful anon

[Anonymous No.27812291]

>>27806978
i did the same. went all in 50/50 on grt and link on like early january and im up to 45k from like 15kish

[Anonymous No.27812521]

>>27810860
>They build them cheaper and less sturdy then in the west.
Wtf, stick-built American houses are already garbage.

[Anonymous No.27812566]

>>27806978
>Turn .5 eth into 2.5
>Turn 2.5 eth into 1.5
>Turn 1.5 eth into 3

Am I doing it right?

[Anonymous No.27812741]

This thread makes me wonder how much longer the bull will continue. We’re clearly in alt season.

[Anonymous No.27812819]

>>27807390
Iam In ny bro, where you at?

[piscine No.27812905]

>>27807295

how to into shitcoins?

They're all on different platforms. Do you just uniswap between them with ETH?

[Anonymous No.27812915]

>>27806978
>I x4'd my money in a bullrun

Holy newfagism
You try that shit in a bear when there isn't a million dumb newfags pumping your bags

[Anonymous No.27812958]

>>27812521
its actually because japan is prone to earthquakes, that houses can't last 100 years, much less 30. nips gotta tear down and rebuild their structurally-compromised buildings every few decades

[Anonymous No.27813190]

>>27808299
>>27806978
I will wade through your blood in a few months time, summerfags

[Anonymous No.27813282]

>>27808149
How’d you do it anon, I’m at the part of having like 120k atm.

[Anonymous No.27813390]

>>27806978
Exactly, started with 53k in March, end of 2020 I had 100k, now 2 months later i have 185k

Feels good mane
>I make this post in part to say thank u guys for being a relatively wholesome and helpful community. Without u guys I’d still be broke. I genuinely appreciate each n every one of you, you’re basically brothers to me.

[Anonymous No.27813508]

>>27807295
you're giving me 2017 vibes.
Whatever you do, don't HODL when the market turns on you. Take your profits and run when the time is right.

[Anonymous No.27813525]

>>27812819
Eyy, Chelsea
>>27812958
Oh wow, fuck that.

[Anonymous No.27813617]

>he didn't buy vgx under $1

[Anonymous No.27813643]

>>27812915
Uh yeah just wait for red line and buy stocks cheaper than long term value, bear markets are literally just a prelude to MORE BULL MARKETS BABY
>I’ve got 110k liquidity right now just in case such an event happens and I can sweep up some cheapies

[Anonymous No.27813692]

>>27807019
OP won a gamble that he would've been suicidal if he lost
Lots of sure fire bets, a lot of shitcoins from 2018 that are due for a 1,000x pump before an extreme plummet to new lows over the next year / bull market. Can you make a lot? Yes. Is it more likely to win than a Casino? Yes. Is it as dangerous and will greed surely make it backfire? Absolutely.

My advice, since you're going to do it anyway: Pick a multiplier beforehand that you will tell yourself you will sell at no matter what, and promise YOURSELF that you will never FOMO back in.
Here's an example
>Pick a coin you think will pump
>put in an amount of money you wouldn't kill yourself if you lost it
>pick, lets say, 5x in advance
>put a sell order for 5x your buying price immediately after buying, and never change it
>Half the money you earn goes to buying silver, land or a vacation with your family, and the other half you can now use to do your stupid casino shit with another coin.
Try not to hurt yourself to badly you fucking degenerate, there's people in your life that love you.

[Anonymous No.27813797]

>>27806978
>started browsing /biz/
where do you come from? other /boards/?

[Anonymous No.27813805]

>>27812741
>>27809399
>>27808801
>>27808507
>>27808453
>>27808451
>>27807971

[Anonymous No.27813846]

>>27813692
Pretty solid advice. Everyone is diamond hands in their head until they’re watching that line move

[Anonymous No.27813848]

>want to gamble on shitcoins
>$300 transaction fee

[Anonymous No.27813973]

>>27806978
You are about to witness what I call the "I'm a genius" curve.

[Anonymous No.27814045]

Here is how I made MASSIVE gains in 2017, and was the most obvious sign things were (euphoric):
>make new thread
>post roastie pic
>ask "shill me a lowcap gem on etherdelta"
>wait
>do 2 minutes of research
>buy huge amounts of shitcoins
>wait 2-3 days
>sell at 200-1000% profit
That's how easy it was
This worked for about 2 weeks and then the apocalypse came

[Anonymous No.27814111]

How do you guys cash out? Uniswap to USDC and just eat the gas fee?

[Anonymous No.27814188]

remember kids... during bull markets, retards with 0 risk management make the most profit because they go all in and luck out. they always end up losing it all because you can't be lucky forever.

[Anonymous No.27814212]

>>27806978
This unironicly Crypto saved my dying oil profolio and 4x it
Every time I disbelieve in crypto I get hit hard.
I lost 10k on AMC and opportunity costs and went back fully into crypto.

[Anonymous No.27814237]

>>27813692
This is what I do, except with numerous lowcap shitcoins. And I pick profit targets based on mcaps.

>$10M mcap: Sell 25% of my position
>$25M mcap: Sell 25% of my position
>$50M mcap: Sell 25% of my position
>$100M mcap: Sell 25% of my position

It doesn't always make it to $100M or even $50M, but at least I never get pulled down when the house of cards collapses 90% of the time.

[Anonymous No.27814286]

>>27814111
it depends what you mean by cash out. it's only a real cash out if you have the money back in your bank account. otherwise you just sell on an exchange and sit in cash there.

[Anonymous No.27814296]

>>27813692
>OP won a gamble that he would've been suicidal if he lost
best post

so tired of delusional teenagers who think their high school diploma and 6 weeks of youtube tutorials makes them competent traders

[Anonymous No.27814303]

The way you can easily lose everything is that you watch your holding drop 10%, gain 50%, drop 10%, gain 50% etc.
One day it drops 10%, drops another 10%, drops another 10%, etc.
You have become accustomed to the volatility and addicted to the gains that you lose sight that it might not actually go up anymore.
You come here and read WSB/GME style cope threads and denial that it's over and you hold your bags because you refuse to believe it's over.
Before you know it, you lose hope and sell either at a massive loss, or without much overall gain than what you started with initially
You kick yourself for being so deluded and don't understand how you could have not seen all the signs.
You imagine where you would be if you had actually listened to all the people saying "it's over".
You wish you could go back in time.
>>27806978

If you continue to be a fool, you'll lose it all

[Anonymous No.27814375]

>>27814188
This is how I cope with my pathetic 2x in 6 months

[Anonymous No.27814485]

>>27813692
Anon this is the most solid advice I have read in this site for the people that really want to gamble. You are a good anon. Makes me happy to see people like you here. I am still a coward and I cant dare to do that because I live in a third world country and I do not have a lot of money...

[Anonymous No.27814528]

to newfags, the way to go is DeFi ERC20 shitcoins flipping on Uniswap.

[Anonymous No.27814534]

>>27813692
Brainlet. I made sensible choices on projects that continue to moon. Your strategy is very much how I do it

[Anonymous No.27814590]

>>27813692
actual real advice on /biz/? time to go to sleep

[Anonymous No.27814598]

>>27814375
you shouldn't cope, 2x in 6 months you're beating the top hedge funds out there. 30% per year like Rentech is considered completely mindblowing in the investment world (and it is, with their AUM)

[Anonymous No.27814612]

>>27814534
What did you buy?

[Anonymous No.27814782]

>>27813692
it's good advice, but not the best. selling for 5x gains is ridiculous, especially since we are on the verge of inflation. no, the key to making it is to do proper research and be very early on coins that have a lot of potential, then hodl for years.

[Anonymous No.27814802]

>>27814598
Really? Is this due to stonks volatility paling in comparison to crypto's?

[Anonymous No.27814824]

>>27813508
Just learn how to set a stop loss.

[Anonymous No.27814832]

>>27814534
Survivorship bias

[Anonymous No.27815169]

>>27814802
it's all about risk-adjusted returns. 2x in 6 months is incredible because you take a huge risk.
It's like if I tell you that I won $1M. You would be amazed. But if I tell you I made that by going to the casion and went all-in on red at the roulette table you would think it's absolutely stupid. Same principle in the investment world.

[Anonymous No.27815218]

>>27815169
>2x in 6 months is incredible because you take a huge risk.
(i'm taling 2x your capital, not what you bet on that trade)

[Anonymous No.27815570]

>>27806978
>making money in a bull market
>hurr durr im a genius
You gonna miss the top and lose it all, guaranteed

[Anonymous No.27815710]

>>27806978
>has 44k portfolio
>easy millionaire EOY
just fucking kill yourself you absolute pleb

[Anonymous No.27815869]

I like how everyone can claim to have made so much money but can’t answer a simple question of what it is they bought.

[Anonymous No.27815951]

>>27815869
I made half a million with chainlink and linkpool and made around 250k with etherisc and grt

[Anonymous No.27816035]

>>27807019
Basically you buy stuff when the price is low and sell it when it gets higher

[Anonymous No.27816052]

>>27815710
6 figures = 100k anon

[Anonymous No.27816111]

so what to do when bear market comes?

[Anonymous No.27816116]

>>27807390
Kek, sorry for your loss

[Anonymous No.27816189]

>>27815869
btc eth link avax aave snx

[Anonymous No.27816196]

>>27806978
lmao if you arent larping ur a future bagholder once this bullrun ends

go all in LINK if you want to make it

[Anonymous No.27816206]

>>27815869
In august/september I put half of my money in RSR at 0.0167 and the other half into NMR staked on a trading model I spent ~50 hours building. A bit over 2x.

[Anonymous No.27816249]

>>27807390
>flat
You're either british or a faggot. I'm glad this happened to you.

[Anonymous No.27816268]

>>27816111
sell or hodl.
>but how do we know that it's the top?
we usually dont

[Anonymous No.27816328]

I turned 10k into $230k. KTLYO is my new microcap shitcoin moonshot if anyone is interested.

[Anonymous No.27816361]

To bad I am so poor did x13 in a month on my 200$.

[Anonymous No.27816375]

everyone truly is a genius in a bull market

[Anonymous No.27816387]

>>27816052
Answer this OP
Do you have 44'000$ or do have 440'000$?

[Anonymous No.27816537]

>>27816249
Lol, neither

[Anonymous No.27817063]

>>27816387
he has 44k now and think it can go to 6 figures (100k+) by the end of year, it's reasonable to think he will do it.

[Anonymous No.27817205]

>>27816387
but yeah dont bother too much, anybody who thinks it's easy to turn 44k into 1M is a fucking retard

[Anonymous No.27817340]

https://digitalik.net/btc/s2fx

For newfags wanting to know

[Anonymous No.27817343]

>>27806978
post trades

[Anonymous No.27817651]

>>27817340
newfag here, so in the near future is it a good idea to buy and then hold until it backs up?

[Anonymous No.27818979]

>>27806978
Enjoy the 5 figure paradise. Your optimism will meet reality once you hit the 6 figure hell.

[Anonymous No.27819027]

>>27807387

Lmao, same happened to me, invested €500 in March 2017, turned into around 10k and cashed out €2000 in january.

[Anonymous No.27819038]

>>27807061
>>27807019
Go back to redd!t

[Anonymous No.27819103]

>>27809607
>The OG ETH HEADS are hoarding their control of the market.
pretty much this, along with the fact that ETH 2.0 has NOT been released, has already left ETH in a bad spot. Gas fees are 385 gwei for fuck sake.

[Anonymous No.27819214]

>>27815710
You don’t know what I hold.

[Anonymous No.27819303]

>>27806978
are you going to share your gems or be a nigger about it?

[Anonymous No.27819313]

>>27819214
>You don't know what I hold
Your drunk uncle's dick every Friday night I'm guessing

[Anonymous No.27819466]

>>27819214
He doesn't have to, you're the only one dealing in absolutes here.

[Anonymous No.27819544]

>>27808453
true or not, the way you wrote it is really cringe

[Anonymous No.27819838]

>>27814782
>do proper research
>then hodl for years
thats boomer shit. may as well put your money into some low risk 3% return bullshit. ngmi
or put it into memes so you can 100x

[Anonymous No.27819911]

>>27819313
>>27819466
GME retards seething.
The standard will always be BTC/ETH/LINK/XMR. Everything I do is to obtain more of them. Being sensible in shitcoins is how I went from 11 ETH to well over 40. That ETH is then spread. ETH is the truth.

[Anonymous No.27819971]

>>27819838
>IGay

[Anonymous No.27820826]

>>27819971
LMFAO this always beats any argument

[Anonymous No.27820934]

>>27819911
HAHAHAHAHA HE MADE A 4X IN A BULLMARKET AND THINKS HE IS A FUCKING GENIUS

Unironically kill yourself. 40 ETH is nothing.

[Anonymous No.27820995]

>>27820934
post folio

[Anonymous No.27821587]

>>27806978
>enters during bull market
>thinks he's a genius for making money

by all means, congrats on the good timing and making money. if you had entered 6 weeks later, you might be down 50%

[Anonymous No.27821711]

>>27820934
This is like 1/3 of my link, i got the rest on aave and fucking ledger isnt showing alink

[Anonymous No.27821993]

Well done anon. Now listen to me for the love of god, I was in your situation 4 years ago.

Do not invest with emotion, if a coin is doing shit, swap don’t get attached.

DO NOT hold through the bear market. Mania will hit later this year, and it will be extremely heard to sell because you’ll think to yourself it can’t possibly go down now, the whole ecosystem will feel like it’s broken through a new paradigm. Make sure you recognise this when it happens and sell accordingly. Not during a sell off, but during the actual few weeks of mania

[Anonymous No.27822555]

>>27807537
how did you lose so much? any hindsight wisdom?

[Anonymous No.27824101]

>>27819838
you're a retard and a noob. making proper research, buying coins early and holding for years is how you make 100-1000x in the crypto market

[Anonymous No.27824325]

>>27821993
>DO NOT hold through the bear market
and how do you know we're in a bear market vs yet another correction? that's how people lose money