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/biz/ - Business & Finance

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51616436 No.51616436 [Reply] [Original]

If your sole source of income is "crypto trading" and you have less than a 1 million dollar portfolio then just give up.

99% of you can make more money from a wagie job at that point

>> No.51616456

>>51616436
>your sole source of income is "crypto trading"
Does anyone actually do this? I thought it was a meme.

>> No.51616529

>>51616436
Agreed. Stock trading sure but crypto hell no

>> No.51617947

>>51616456
I did and my portfolio crashed from 7 figures to bout 250k now. Got 50k left to try to DCA around the bottom and wait for the next run, but this world has turned to absolute shit. No money printing, consumer price inflation, recession, potential ww 3. Gonna kill myself I guess if the nukes dont do it. At this point nukes flying are just as likely as me making it.

>> No.51617969
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51617969

Tomorrow I might start getting a minimum wage salaries due to a mental condition.

>> No.51617984

>>51617947
How do you only have $50k left?
Let me guess, you either didn't make BTC, ETH and LINK your big 3 holds OR you fucked around and swing traded.
You guys gotta learn to quit fucking with shit coins and hold.

>> No.51618072

>>51616436
I love frogs.

>> No.51618080
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51618080

>>51616456
i do, making a little more than a wage but i sleep 8+ hours a day and i trade wherever i feel like. since candlesticks are weird today i just play vidya and browse /biz/

>> No.51618088

if you're trying to get rich trading crypto you've already lost.
it's a mature market now, the time to get rich was 5+ years ago.

you have no edge.

>> No.51618936

>>51617947
I got 250k in crypto and have 50k left to slurp. I just hodld too much, especially alts and didnt take enough profits during euphoria. I learned my lesson feeling all of this bagholder pain. The question is if I get another chance and if so when.

>> No.51618949

>>51618936
Meant to (you) this one>>51617984

>> No.51619808

i dont want to work a real job so if i learn to trade i can get atleast some income coming in

>> No.51620136

>>51618088
I absolutely agree
people who sharpiedinthepooper for 10 btc in 2011 got rich
people who bought 20 btc in 2013 and then lost the usb only to find it few years later got rich
people who bought it when it was 5k and sold it at 50k they got rich

there is no way in hell people who bought at 50k will make as money as previously. BTC going to 500k is would make it about the same market cap as gold

>> No.51620146

>>51616436
300k from crypto >>> 3M having to deal with normies

>> No.51620170

I don't want to work, simple as. Rather be a poorfaggot NEETing it up than have more money wage slaving.

>> No.51620203

>>51616436
If you have 1mil in crypto i hope for your sake you have at least 3-4 mil in other assets (real estate, stocks, bonds, whatever).