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/biz/ - Business & Finance


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28814766 No.28814766[DELETED]  [Reply] [Original]

>be me, 16
>mom gives me $3k to invest in crypto, tells me we'll go 50/50 on the profits
>am a teenage retard so I fall for several pnds and lose it all
>keep researching even though I have no money
>19, get uniswap airdrop
>flip it into $50k

Okay what do I do now? Ofc I'll give my mom back the money plus interest eventually.
When I was like 13 I had a kleptomaniac phase and stole a bunch of stuff from my parents (yes, I was a fucking cunt and have unironically felt bad it did every day since), so what I don't want her to think is that I didn't lose the initial investment just stole it from her and am now trying to scam her.
What do I do /biz/?

>> No.28814884

>>28814766
Give her 4k and say "Wow, I made you some money!"

>> No.28814917

Just give her the 3k and tell the truth

>> No.28814926

Give her a 10k return, let her know how it went, invest the other 40k for yourself.

>> No.28815018

>>28814884
>>28814917
>>28814926
I'm afraid she won't trust me you know?
Like just think I kept it, made a bunch of money and am trying to give her the scraps.

>> No.28815061

>>28814766
Mate it's your mom. Tell her the whole truth and give her the option of taking a profit of $25k. Honor your commitments to family, fuck everyone else.

>> No.28815109

>>28814766
Give her 25k
You and her already agreed to split the profits 50/50

>> No.28815134

>>28814766
tell her u lost her 3k and then yolo the 50k into grt or something and get it to 500k this year

>> No.28815136

>>28814766
Give her back the $3k, explain what happened, and use the money to buy her something very nice

If you make it, buy her a house and never let her worry about money

>> No.28815184

>>28814766
Save 30k for taxes and locked profits. Invest 17k. Not complicated, anon.

>> No.28815196

>>28815018
Yeah, that's why you tell the truth and see what she says. That initial 3k was your learning by fucking up money, so if she wants more then that's totally fair

>> No.28815211

You should have been aborted OP

>> No.28815223

>>28815136
>If you make it, buy her a house and never let her worry about money
Fucking this. You guys need to learn something about taking care of your loved ones. Some of you guys are just greedy.

>> No.28815268

>>28814766
Cash it out and use it for your college tuition

>> No.28815287

>>28815109
>>28815061
I would but maybe she'll just think I've made like a milli and $25k is scraps.

>>28815136
>If you make it, buy her a house and never let her worry about money
I have promised her this. For being such a cunt as a kid.

>>28815211
I unironically agree.

>> No.28815354

you only get one mom, and yours seems like a good one.

mine was a good one, i could have treated her better, she committed suicide and now there's no way to fix things.

give your mom money, now. she deserves it

>> No.28815393

post pic of your mom already, unbelievable it hasnt been demanded yet, the amount of faggots on biz lately is incredible

>> No.28815396

>>28815287
>I would but maybe she'll just think I've made like a milli and $25k is scraps.
You completely suck, man. You're just making excuses, you greedy fucking weasel. Show her your portfolio balance and let her have her money.

>> No.28815433

>>28815018
Did your parents neglect you when you were younger? Real talk bro

>> No.28815497

>>28814766
Are you jewish?

>> No.28815564

>>28815396
I swear I'm not. I would give away my entire portfolio just to take this burden off my mind, but I just cannot stand the thought of my parents talking it through and thinking I'm still how I was before.

>>28815433
Completely the opposite, that's why I feel so bad for what I did.

>> No.28815598

>>28814766
Why are whites like this

>> No.28815656

>>28815497
Nope

>> No.28815680

>>28815564
Then you're just pointlessly overthinking this. Tell her the whole truth and let her decide what she wants to do.

>> No.28815729

>>28814766
be the sociopath that you know you can be

all in on litecoin, reap the early retirement in a few years

>> No.28815756

>>28814766
if you want fuck, fuck your mother

>> No.28815841

>>28815598
Good at making money?

>> No.28815900

>>28815680
>Tell her the whole truth
I need to tailor it at least a bit.
She literally won't believe that I got a free $8k out of thin air.

>>28815756
I'd rather fuck yours

>> No.28816028

>>28815287
I wish my parents were as supportive of my crypto endeavors as your mother. Be honest with her and split it. Use your $25k to make safe investments in the future. My portfolio was 4 figures for 2 years because I was a college student, and link was growing slowly. I'm now sitting at $75k, and my parents still don't understand and keep asking me to cash it out. Long story short, I'm not. You should be honest with your mom, money isn't worth more than a good mother.

>> No.28816118

>>28815900
newfag

>> No.28816137

>>28814766
all in in Rarible mate easy double your money. thanks me later :)

>> No.28816174

>most parents give you shit for investing in crypto
>OPs mum encourages him to invest in crypto AND gives him 3 whooping k to invest
>OP trying to scam his mom with the gains he made

Honestly you should literally rope yourself. But that would be too much of a hit for your mom. Be a good son and be open with her with the gains. You fucking retarded ass doesn't realize once she dies you'll get the money anyways, and you'll have a clear conscience.

God I fucking hate under& retards

>> No.28816188

>>28815109
This and it'll feel good to give your mum a big stash like that what are you a fucking nigger help your mum

>> No.28816242

>>28814766
>scamming your mum
U a hebrew?

>> No.28816283

>>28814766
Give her 25k, don't lie to your mother, especially if she loves you enough to give you the money in the first place. Nothing will replace a mothers love in your life when she's dead and gone.

>> No.28816313

>not fucking your mom
ngmi

>> No.28816350

>>28816242
go back to /pol/
This is a zionist board.

>> No.28816381

Tbh it was her money, split it how fucking Jewish can you be to want to fuck your own mother like this Jesus Christ.

Just split it 50:50 and play around with your half. Without her giving you that initial money you’d have 0

>> No.28816451

>>28814766
Give her $25k or
>hi mom i did a 5x
>give her $8k
>im going to reinvest some of my gains

>> No.28816454

if you give her the 25k there's a good chance she will reinvest a bunch of it with you anyway since your performance has been so good

>> No.28816504

>>28816174
>>28816242
I am not trying to scam her, I am literally trying to give her back the money all the while having her not think that her kid is still a liar and a thief.
If I was trying to scam her I would just keep my fucking gains and not make this thread.


>>28816188
I want to but FUCKING HOW. I maybe cash it out, work 1 year and tell her putting my salary in crypto and give her the full $50k.

>>28816381
Her money went to 0. I wanna give it to her because she's my mom, but if she was a bank client or some shit she'd just be fucked.

>> No.28816580
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28816580

>>28814766

invest in HBAR, It's impossible that this wont go a dollar EOY.

>> No.28816587
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28816587

Holy shit. Lots of piece of shit liars, people who can't follow through on an agreement. Truly the white master race embodies the stereotypes of the people they hate the most.

Be better.

>> No.28816620

>>28814766
cash out half of it and give it to her now. Keep growing your remaining 25k and cash out more down the line. Oh and buy WYNAUT.

>> No.28816689

Don't give her anything. Why would you give her any of your money? She didn't do anything for it

>> No.28816733

dont be a lying faggot and just give her 25k, its your mom you fucking kike
she might "reinvest" it in you anyways

>> No.28816757

>>28815564
If you hand them back cash plus interest then who cares? What is more trustworthy than that bro lmao

>> No.28816758

>>28816504
Tell her why it took so long. Tell her that you fucked up with the $3k. Tell her you kept persevering and used the airdrops combined with the experience to not only make it back but make big profits. Then give her half and thank her for investing in you and giving you a chance.

>> No.28816788

>>28816504
>Her money went to 0.
Are you telling me you were making different trades with "her" money than "your" money? Don't you see the problem there? Fucking retard. Give your mom her fair share. Do you have any idea how much she has sacrificed for you over the years? Stop being such a goddamn ingrate idiot.

> I wanna give it to her because she's my mom, but if she was a bank client or some shit she'd just be fucked.

But she is your mom, so why is this hypothetical scenario relevant at all?

>> No.28816827

>>28815109
This. So many pieces of fucking shit on this board. This isn't even complicated. Just requires a smidget of moral compass.

>> No.28816871
File: 70 KB, 720x514, photo_2021-02-16_00-48-03.jpg [View same] [iqdb] [saucenao] [google]
28816871

Don't cash out, give her her share in crypto

>> No.28816873

>>28815598
literal nigger tier

>> No.28816876

>>28816689
She funded him the 3k with the agreement that they'd split profits. Really the only reason he should give her what was agreed on. He doesn't even know if she'll accept the full 25k.

>> No.28816943

>>28816788
Her money went to 0 in 2018, I got the UNI airdrop and that's where the $50k came from.

>>28816827
I want to that's the fucking point. What do I say other than "yeah mom some website gifted me $8k so that's where the money came from". That sounds like the worst fucking excuse ever.

>> No.28817000
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28817000

Give her reward for believeing in you and being good mom. 10k is like over 300% ov her's 3k so that is really fair. DO NOT cash out now or yet. Keep your mouth shut until late summer then cashout. You can screencap this and thank me later kiddo

>> No.28817003

>>28814766
>he could’ve put it in link

>> No.28817046
File: 70 KB, 270x344, 1612211821060.png [View same] [iqdb] [saucenao] [google]
28817046

Go all in on Reef and give her half a million instead

>> No.28817110

Op you’re acting like a nigger. Show her the wallet, let her decide

>> No.28817130

>>28816943
Explain what airdrops are to her, fix her up with her own wallet and get her collecting her own free money. That's really the best way to explain it in a way she'll 100% believe you. Gives her a new hobby to keep her from asking you to invest more for her, and one that could wind up being profitable as hell down the road for her.

>> No.28817158

>>28816504
If you want to be a greedy kike here’s what you do.

Tell her that you turned it into $50k and you want to split it fairly. But also mention like how exciting it is that you made these good trades and you think it makes sense to keep it invested more.

Then allow her to choose if she wants $25k or to have another chance of getting another 2x-3x

You will probably be able to fomo her in to give you like $22k to continue having it invested.

>> No.28817179

>>28814766
Give her half. Her initial investment is what got you started, if it turned out profitable or not at that time. Later it became profitable, but I would regard your whole crypto journey as one continuous endeavour instead of two separate episodes.
Her money paid for the lessons you learned, and which you then turned into money. Capital is more than just funds.

>> No.28817243

>>28816943
Literally just say that you lost the $3k, but you learned a lot in the process, and now managed to make a lot of money. Show her the account and give her $25k. It's not that hard.

>> No.28817246

>>28814766
First of all, pay off your taxes

>> No.28817252

>>28815018
Dude she's gonna be happy as fuck you made her a thousand dollars

>> No.28817280

Don't fucking tell her anything she is probably normie and will flip out demanding you cash it out all now. Please dont be so stupid

>> No.28817313

>>28816943
>>28817130
The simplest introduction to these would be showing her how to get free crypto on CoinBase for those quizzes. Then move into the more technical airdrop stuff.

>> No.28817394

>>28815900
>She literally won't believe that I got a free $8k out of thin air.
Of course she won't, so then you explain to her how you got the free $8,000. The worst thing you can do is lie to her, or intentionally omit information. You aren't on trial here, you're talking to your mom about making a hefty wad of cash, she'll be thrilled.

>> No.28817575

>>28817394
Seriously, imagine not getting her into the idea of collecting airdrops like stamps. Show her how to accumulate for a few years, she'll be grateful.

>> No.28817834

>>28816283
100%, I was going to say min 10-15.
It's your mother, guy.
>>28815018
Just be honest with yer mam
>>28815354
damn bro, damn

>> No.28817924

>>28817575
What irks me the most is how OP doesn't understand how his own mother would view the situation; her son had managed to turn $8,000 into $50,000 in less than two years. Yeah sure, she's getting a cut of that, but it means her son is a successful broker, and she'll thus be more amicable to him living as a crypto-investor - possibly under her own roof, no less! Nothing wrong with living at home for some of your 20s, especially if you're clearly doing something productive with your time. She'll be willing to give him more money later on, and if he continues whatever golden touch he's got then they'll both Make It.

>> No.28817979

Buy a small chunk of land. And build a cabin over time.

>> No.28817994

>>28815018
give your mother at least 10k. Mine gave me 0 dollars for this and I plan on giving her .125 and my dad (never married) .125 btc as well from my 1 btc.

>> No.28818036

>>28815018
Show her the transactions. Prove you lost the initial 3k and then show her the airdrop and what you did to redeem yourself and her money. If you were a real stand up dude, the original deal of splitting profits 50/50 would still stand, as that airdrop was a DIRECT RESULT of her investing in you, therefore everything after should come under the original agreement. Tell her you've made her $25k, maybe she'll let you continue to use it as capital to grow of your investments. Here are the main points that should make her proud: you were honest about losing it all, and that you took a second opportunity to make it right. Don't fuck it up again kid.

>> No.28818105

>>28818036
this
you cant lie about crypto, only to people who have no idea how it works, explain it if she doubts you like your anxious ass expects (she wont)

>> No.28818315

>>28818105
>>28818036
>>28817924
Okay you make good points, I'll tell her tomorrow. I just hope this doesn't ruin my relationship with my parents because if it does I'll very literally kill myself.

>> No.28818420

>>28814766
>I was a fucking cunt and have unironically felt bad it did every day since
that's good, you have a soul. you most likely have to tax your gains, so give her 10k, maybe 15k and tell the truth, you lost all, got a free airdrop which you made to 50, excluding taxes.
Or you two conspire, stay in and evade the tax kike, best outcome.

>> No.28818548
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[ERROR]

>>28815564
You sound jewish. Except even members of the tribe help one another, you're even worse than a kike. Schizo mouthbreathing faggot making up issues out of thin air, rope in minecraft.

>> No.28818701

>>28816504
You wouldn't have got the UNI without your mum's capital you worthless maggot.
Give her all and then rope

>> No.28818715

>>28818548
>issues out of thin air
Ah yes of course I ddn't realize that the prospect of ruining the relationship with the only people thatcare about me were "issues out of thin air".
Sorry anon! I'll just go ahead and make my mom think I'm still a thief and then overdose on heroin when she disowns me.