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30112134 No.30112134 [Reply] [Original]

On investment blogs, twitter, reddit, youtube and so on?

It's not even a meme, its mother fucking real. If you have say 650k USD, you can buy a house, pay debts and get a car then be as poor as the poorest wagie and see no difference.

>> No.30112290

because they are poor anon

>> No.30112309

>>30112134
It always takes normies a couple years to catch on.

>> No.30112410

>>30112134
Because their gains don't lead them to expect a 10x from 100k. That only really happens in crypto. So its an isolated thing we deal with - the frustration of how long it takes to 10x 100k. Nobody else sees it as a realistic enough possibility to get frustrated it isn't happening.

>> No.30112460

>>30112134
OP you're unironically retarded. if you had 650k USD you can do the following;

1) down payment on house; 50k, 30 year mortgage at a fuck low interest rate.

you now have 600k.

buy a fucking used toyota still under warranty.

you now have 585k.

585k in at&t is going to yield you 43k/year pre-tax. congratulations, you're now living on decent wages while doing nothing at all.

>> No.30112490

>>30112134
Because it's not hell
You can easily afford to put 1k into 50 different shitcoins that have the possibility to 10x or 100x

>> No.30112535

>>30112460
>at&t
>buying a 7% yield meme boomer stock that has been depreciating for nearly a decade now

>> No.30112601

>>30112535
you can invest it into better places if you want, still, you get to live on a high wage with no job.

>> No.30112678

We are ahead of the curve as always. Expect it to catch on elsewhere soon.

>> No.30112768

>>30112490
Then i would have 100x peanuts, not really the point is it?

>> No.30112818

>>30112134
because for most poors 6 figures is seen as unattainable

>> No.30112897

>>30112410
>>30112818

This. We here actually made 6 figures and know you cannot do much with it except being a more comfortable wage slave - but still a slave.

>> No.30112989

>>30112768
100k is not peanuts, no wonder you retards think 6 figures is hell. You can’t even into money

>> No.30113042

>>30112309
This. Get the fuck past 7 figure hell while you can.

>> No.30113041

>>30112989
it is peanuts.

>> No.30113068

Because we are masters of delayed gratification. Yes, greed does play a part of it also.
I recall a guy who was accidently sent 40k by a Bank and I think he splashed it all in a week or something

>> No.30113099

>>30112989
it's peanuts bro. 5 million is the new "millionare"

>> No.30113114

>>30112460
Nigger please, a $250k house will be worth $1mil+ in 5 years thanks to the yellow jew. That's $200k/year. You'd save so much fucking money by skipping the (((bank))).
The fed money printer will make sure it never comes down, the banks would be obliterated and they'll never let that happen.

>> No.30113136 [DELETED] 

is it legit? will this coin make me rich sir?
or you just try to fool people with shit
>I have already bought GSX and got bonuses

>> No.30113161

>>30112134
If I had to guess, it’s either that the wealth itself doesn’t justify the cost of maintaining wealth, or it’s lifestyle creep. Both seem like problems that people good with money don’t have.

>> No.30113175

>>30112134
everyone reason in fiat in the west. everyone. bitcoin is at above 50k yet still people just aren't reacting.
I've always been poor and now I've reached 6 figures hell.
we're going to be so rich if we don't screw it up.

>> No.30113193
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30113193

>>30113099
>he thinks 5 is enough

>> No.30113230

>>30113193
$5m is already nearly as much as the average university-educated wagie makes in a lifetime.

>> No.30113254

Everyone can make 6 figures from crypto even if they don't have much gains by DCA and investing for over a few years on regular wages. 7 figures requires 10x or more from your entire crypto stack alone after hitting 6 figures because your paycheck isn't doing much for you at that point.

>> No.30113280

>>30113114
dont forget about the land. thats more valuable than the building. they are not making more land

>> No.30113298

>>30113193
what's your life like? did you upgrade your lifestyle?

>> No.30113300

>>30112134
The only one that ever mentioned something of the sort would be wallstreetplayboys where they even had a blogpost on why a 100k portfolio or investing without a proper income was NGMI tier

Fortunately for us crypto's asymmetric upside is so great (and wspb has taken the Defi/NFT pill) that poorfags now have a shot of escaping six fig hell if they know what to do

>> No.30113301

>>30112134
because you are either scrapping by making a killing, if you got into 6 figure “hell” by normie means you are almost assuredly going to make it to 7 figures, there is no struggle

here everyone is so afraid of one bad trade wrecking them that they are afraid of going all in on a promising coin or margin trading so they just diversify for safer gains, so it takes longer.

>> No.30113306
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30113306

SIX FIGURES ARE THE DEVILS DIGITS. BEGONE SATANS MINION

>> No.30113383

>>30113193
at what point did you realize all the money in the world is not enough?

>> No.30113386

>>30112134
Because it's not fucking real u stupid cunt. Holy fucking shit, use it to make more money and stop complaining, weh fucking weh is all I hear from U stupid fucking incels, never gonna get laid, never gonna succeed at life, just complaining ALL FUCKING DAY

>> No.30113506

>>30112134
because everyone thinks 6 figures is a lot.
dhedge managers don't

>> No.30113526

Because normies are happy to wage for the next 40+ years.
Whereas I just want to neet.

>> No.30113541

>>30113298
It’s mostly comfy anon, no more wage cucking. I took out 1.2m at the end of 2017 and the rest I held through the bear market, I’ve been in crypto since 2016
>>30113383
At 1ml I realised money alone only gives you more time and freedom, if you’re a depressed mess with demons while broke it can push a person over the edge. Idle hands are the devils play things but I gym a lot to keep sane and have a kid so I’m mostly grounded plus I’m nearly 40 now
>>30113230
yeah true, we’re all further behind the eightball every year with the money printing going on

>> No.30113556
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30113556

>>30112134
Because six figure hell only exists in the minds of greedy retards who managed to make the money that most normies survive on for a decade but aren't smart enough to understand how to grow it or grounded enough to work out how to live on it

>> No.30113582

Do you include cents when counting figures?

>> No.30113802

>>30113541
i just want to thank you anon for what you shared. it resonates into me. thank you.

>> No.30113975

>>30113556
wow, did the creator of bancor really say that?

>> No.30114027

>>30112460
that 600k mortgage is going to be like $3000+/month or more depending on property taxes and insurance costs, idiot. that's your entire yearly income from at&t dividends after taxes.
better off buying a cheap ass place for $100k in the middle of nowhere outright.

>> No.30114057

>>30112134
This is bait but I’ll bite...
What do you think anon? Everyone on here is “high-IQ-on-the-spectrum” and we don’t go out, so we don’t spend money. None of us really participate in society, especially with China flu going around. Crypto is like a video game to us and we keep trying to get a higher score in hopes of actually leading a happy life someday.
>>30113068
Also this.

>> No.30114345
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30114345

>>30113582
wtf I didn't realize I already was at 6 figure hell!

>> No.30115227

>>30112134
I really want to know this myself. Six figs is enough to worry about but not nearly enough to make it or even really be well off.