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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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29982836 No.29982836 [Reply] [Original]

/biz/, I've finally hit 6 figure hell. I told myself that I'd be happy over 100k with no debt but I'm not. I feel poor.

How did you break out of 6 figure hell /biz/? Let's hear all the suggestions, shitcoins, non-shitcoins, link, business startup, stonks, options, forex, car washes, real estate. Anything that could move someone out of six figure hell in a year or two. Looks like it won't be as easy to get 10x gains this year as it was last year.

>> No.29982880

>>29982836
SPAC's

>> No.29983008

>>29982836
>How did you break out of 6 figure hell
I haven't. I peaked at 960k last weekend. But I can already tell you with absolute certainty that 7 figures won't make you happy either. As for your question: Buy and hold BTC

>> No.29983350

>>29982836
secure what you have by diversifying a bit anon. personally, I hedge my crypto with stocks, that i use to leverage bank loans (my broker is my bank). Nasdaq:INO is bound to breakout.

>> No.29983419

>>29982836
You break out to 5 figure hell. It's easier.

>> No.29983515

>>29982836
Send me an ETH and I will give you a guranteed x5 by EOM

>> No.29983536

KEK
>Taxes are rising
>Try to be alive
>lose everything

Go BSC, don’t spend your life
Lmao, I hold SWG and use their marketplace, like zero fees

>> No.29983856

>>29983008
Damn, nice. Gonna need 500k bitcoin for that to work out though!
>>29982880
There has been a lot of SPAC hype I've seen. Is that just because of the EV bubble?

>> No.29983859

>>29982836
8 figure hell is no better, you have to aim for 9 figure hell

>> No.29984955

>>29982836
>I've finally hit 6 figure hell
now you know it's not a joke
>I feel poor.
because you've finally figured out how the world works
there are two kinds of people in this world. rich people and poor people.
>How did you break out of 6 figure hell /biz/?
in this market? simply wait. do not trade shitcoins, and if you do, just do it with 1-2% of your folio.

>> No.29986121

>>29984955
I will wait then. Been mostly doing that. Only had to cash out a couple thousand for capital gains on stocks and a 0% interest credit card that's due for paying that I bought crypto on last year.

>> No.29986246

>I feel poor.
because you keep browsing /biz/. Unplug yourself from the internet and you'll be happier and you'll realize how much you actually have

>> No.29986425

>>29982836
go outside, spend like 10-50k depending how high you are in 6 fig, trust me you'll feel like a nouveau riche prick

>> No.29986763
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29986763

>finally reach 4figures hell after a year in crypto
wasn't that hard desu
at this rate i should be in 7 figure hell in less than 3 years

>> No.29987109

>>29986425
That means I gotta sell though, and if I sell I'll miss the moon mission

>> No.29987133

>>29986246
Yeah there are certainly people who have made it on /biz/, but there's also a shitload of LARPing. 6 figures is definitely well above the median on /biz/.

>> No.29987227

>>29982836
all in on BAO if you have the balls for it. guaranteed 10x from here

>> No.29987479

>>29987227
>another yield farming .finance shitcoin named after food
No

>> No.29987662

>>29987479
one of the largest companies in the world is named after a fruit, but ok I can see why you are just now getting into 6 figures

>> No.29987821

>>29987662
>Disclaimer: Bao is currently in alpha and has a one-person engineering team.
There's also a reason I'm not in 3 figure hell either

>> No.29988051

>>29987821
Bitcoin was once in alpha with a one-person engineering team. This is why I said if you have the balls for it you'd do it. Clearly you would rather play it safe, but don't expect to get out of 6 figures soon doing that.

>> No.29988375

>>29988051
It's not about balls there. It's ANOTHER copy pasted sushi. Website is identical in almost every way. It's bad.

>> No.29988433

>>29982836
don’t make any rash decisions, and cash some out now, i traded my way to 115k usdc and back down to ~15k in 6 months

>> No.29988649

>>29988375
Jesus is everything so superficial to you? The website can change to whatever it needs to be later. What's important is the goal they're trying to accomplish, which is synths for DEX's. If you don't understand why that's necessary and why it will be huge then you haven't been in this market long enough. Stick to BTC I guess, although I doubt BTC will go more than 4-5x from here.

>> No.29988769

>>29988649
Don’t get this retard going

>> No.29988911

>>29988649
Lmao, we'll see then! Awfully emotionally invested into it!

>> No.29989097

>>29982836
I’d keep holding Bitcoin and maybe swing some shitcoins for more sats. But honestly I’d keep that stack at least 50% cash and wait for the inevitable stock crash to buy in at the bottom and go all in on good divi stocks and ARK funds

>> No.29989177
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29989177

>>29983008
>Buy and hold BTC

>> No.29989681

>>29986121
How’d u get 0% interest credit card due later?

>> No.29990087

>>29988433
Started with 200. Made it to 93k. Now at 700. (Started in 2017) Never traded with margin.

>> No.29990138

>>29989681
They're out there, just look around. 18 months with 0% and usually only 2-3% to balance transfer and then 0% for 18 months as well. That 2-3% will always be better than interest for 18 months. Hell, after I pay this off might as well get another 0% card opened up.
>>29989177
That's horrifying