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/biz/ - Business & Finance

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28589605 No.28589605 [Reply] [Original]

if it was me that helped him make some?
Hes always been rich but its never been an issue, hes richer than most people around here and his family have always been close to mine. I never thought in my wildest nightmares I'd ask him for money but I'm thinking about it, apparently I've helped make him 150,000+ bucks while I'm unemployed and fucked for money, I havent worked since the start of the holocough and have had to sell everything (wasnt even that much).
>friend cries about gambling on the stock market in 2018
>call him a doublenigger and to show me his statements
>notice he does well in the morning on stocks with big pre market moves
>spend a few days going through endless reams of numbers looking for rules he can follow and what setup works best to be on the ones that collapse/break out
>write a bot for him to find his best trades and keep him away from the computer all day
>wtf it works he stops playing roulette and is making money now
I'm happy to have stopped him spiralling to certain poverty but its hard given how fucked my own state is.
Have any of you ever asked somebody for money? It kills relationships dead right?

>> No.28589755

The power dynamic of giving someone money fucks with friendships. Don't do it unless they're keen and you're ready to pay it back.

>> No.28589794

If he’s actually rich he probably has made mistakes lending people money in the past that all turned out horribly so he would probably not want to do it for that very reason

>> No.28589839

>>28589794
Oh and most rich people don’t actually keep cash, they hold assets and accumulate more assets by borrowing against their own assets, they don’t just keep x cash lying around for some poorfag to borrow from them

>> No.28589855

>>28589605
>Is it wrong to turn a friend into an enemy

>> No.28589856
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28589856

>>28589605
why dont you just make a program for yourself then or use the one you made..

>> No.28589915

>>28589605
He won't have actual cash you idiot

>> No.28590054
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28590054

>>28589605
Appeal to what he wants. That’s profit. Tell him we’re in the middle of the craziest, biggest crypto bull market right now. Ask for a “stake”, not a loan. Tell him if the “partnership” is profitable, you split the profit. On the other side, you also stop the stake if the loss reaches 50%.

And

> Holocough

THATS FUNNY!!! AAAAHAHAHAHAHAHAHA cough cough wtf is this oh AAAAHAHAHAHAHAHAA

>> No.28591249

>>28589856
Yesterday I ate rice, beans and hotdogs.
Today I will have rice, beans and hotdogs again.
I havent seen more than $100 in 2 months, live in rural midwest.

General sentiment itt seems to align with my own instincts, dont ask.

>> No.28591354

>>28590054
kek.
I dont want to appeal to the gambler in him by promising the world.
Should just erase these thoughts from my head forever.