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/biz/ - Business & Finance


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53742261 No.53742261 [Reply] [Original]

I’m 23 with 12k in my bank account
What should I do with it??

>> No.53742272

>>53742261
Buy TRUFF

>> No.53742307
File: 2.72 MB, 1306x1306, Arbinu Collar V2.png [View same] [iqdb] [saucenao] [google]
53742307

>>53742261
Buy me nigger

>> No.53742344

>>53742261
>im 23 waaahhhh wahhhh
go outside and play with your friends kid

>> No.53742381
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53742381

>>53742344
Just tell me what to buy anon

>> No.53742494

>>53742381
minima ico

>> No.53742634

>>53742381
>4k in SPIRIT
>4k in LUNC
>keep the other 4k in your bank account for emergencies
not financial advice

>> No.53743109

>>53742261
Instead of investing it in a diverse portfolio of assets in multiple classes, ask an Indian scam forum to shill you a shitcoin to go all in.

>> No.53744306

>>53742634
hmmm I should buy more lunc and maybe more xrp

>> No.53744337

>>53743109
Hey Dave, he needs a better fucking return than some S&P500 fund that maybe returns 8%. "DoN't FoRgEt To FuNd YoUr IrA!!11!" Get the fuck outta here with that. Retirement accounts and mutual funds are gay.

>> No.53744495

Buy strangercoin retard

>> No.53744519

>>53742261
Get on welfare, buy a cheap sailboat, and go to the Mediterranean. You can live on twenty dollars a day and travel all the best parts of the world. If you put in even minimal effort you can pick up some new languages. Women arent, as a general rule, attracted to men, but they are attracted to things, and a boat which can take them out skinny dipping off some Italian island or to watch the sun set over Istanbul will have them trying very hard to get into your good graces.

Get rid of your computer, trash your phone, get yourself a dogeared copy of Anabasis, and go live your life anon. You're trying too hard to be the person people like, but what do you actually want in your life? Once you figure that out you can take immediate steps to make it materialize

>> No.53744531

>>53742261
Either buy silver or take it all out, first think tomorrow!

>> No.53744889

>>53744519
I wanna live on a farm far, far away from everyone else. I wanna drink raw milk while I read the morning newspaper. I wanna kiss my wife goodmorning and think about what we're gonna do together. I wanna make love to her and hopefully make a lot of children together. I wanna write a book.

I wanna do lots of things anon, but sadly I gotta take care of this first. Based comment though; I took a screencap

>> No.53746011

>>53744889
are you a frog?

>> No.53746276

>>53744306
lol lunc or xrp
you're ngmi

>> No.53746306

>>53742261
That is still a fucking ape.

>> No.53747538

>>53742261
Invest in crypto. Diversify your portfolio anon. ATOM, ORE, AZERO and METIS

>> No.53747820

>>53744889
Why do ESL fags absolutely love typing out "wanna", "gonna" etc?

>> No.53747832

>>53742261
all in bitcoin. keep working another 4 years and all in bitcoin everything. retire at 32

>> No.53747849

>>53747820
Useful words, seethe EFL tard.

>> No.53748143

>>53742261
A skid steer with a trailer, assuming you already have a diesel truck to pull it. Then go bid jobs grading driveways/ concrete slabs/ snow removal. Pretty easy

>> No.53749788
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53749788

>>53742381
with 12k gamble with microcaps.
there is no need to protect your capital with that amount of money with gold or btc, for example.

portfolio should be:
10% ETH
10% favourite midcap (5b)
30% favourite lowcap (1b)
30% favourite microcap (<200m)
20% favourite stablecoin

use your stable coin to maintain these ratios until you run out then start recycling gains into your lowcaps

this strategy will have you multiply the market index (you will 100x instead of 10x)

>> No.53751724

>>53746011
No

>>53746276
Xrp is the standard

>>53747832
How realistic is this??

>> No.53753264
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53753264

>>53749788
what's your opinion on xrp bro

>> No.53753941

>>53742261
Are you literally me? Same age with $12k.

>> No.53753982

>>53742261
nothing on here
you've missed all the real projects a decade ago
look somewhere else

>> No.53754032

>>53753264
corporate coin. you are investing in a centralised company trying to partner with big intuitions (or govs and banks in the case of xrp) which means you are exposing yourself to the people that have a lot of reasons to keep you poor but there is a fundemental reason XRP is a bad investment, it is basically a stablecoin, let me explain:

i don't think the ripple network is that special. it uses gateways, a centralised ledger and traditional debt to track payments. as far as im aware it just tokenises fiat currencies as IOUs. so holding XRP is like holding a transient stablecoin.

the most important thing for XRP is liquidity, they need every currency available all the time for redemption reasons, supply and demand shocks should not happen EVER or the system would crash, and as there are billions of XRP available the only other way to maintain the liquidity is to sell XRP for the gateway's local currency.

this hardwired sell pressure is why i will never hold XRP in particular.

>> No.53754333

>>53753982
fuck I might as well kms

>>53753941
we're all on the same boat here

>>53754032
im not sure anon

>> No.53754532

>>53754333
Find what the people are anticipating and buy. A lot of speculation on NXRA awaiting drop.

>> No.53754553

I've got a 2006 gto for sale

>> No.53754559

>>53754553
post pic

>> No.53754657

>>53742261
Od have adviced you to buy BTC but it's now hitting above 24k. Bury your head on DiD management, especially self custody project.

>> No.53754666
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53754666

>>53754333
how do you see XRP mooning? say tomorrow it becomes the global payment system and is installed in every country.

these banks don't need to have reserves of XRP. it is an intermediate coin that is used ad-hoc. if i am in the UK and you are in the US, i use Ripple to send you some GBP. XRP is purchased by my gateway, transmitted across the network and redeemed in USD at your gateway in about 1 second, and the XRP goes back on the market for the next transaction. this does not cause a supply shock that you need for a bullish move.

the only shock i can see here is if your gateway does not have enough USD, in which case it would need to sell XRP on the market for the local currency to raise enough USD to complete the transaction. but this system is centralised, so the XRP would not be purchased, but printed. the idea here is the circulating supply will expand to meet the demand of the system.

i feel like there is a concerted effort to trick people into buying XRP so they have enough liquidity around the world to support their network, but thats it, the coin will never actually pump, you are just supporting the network's liquidity requirements.

im sorry bro i hope im wrong.

>> No.53754706

>>53754666
If XRP is done with its law case then it is on its way to the top. Else we'll stay away.

>> No.53754811
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53754811

>>53742494
>>53742634
>>53744306
>>53746276
>>53747538
>>53747832
>>53749788
>>53754032
don't listen to those cryptotard scammers and invest in stocks like any sane person.

>> No.53754981

buy btc
that's literally it

>> No.53755024

>>53742381
a microcap perp dex on arbitrum that HASNT been shilled on biz (that much)

>> No.53755025

>>53754657
Talking of ORE, you've got a good choice to make it in life.

>> No.53755054

>>53755024
Blue chips are good to go but they're quite selling at high price, I'll appreciate a low cap

>> No.53755072

>>53753264
How long will you wait for the law case? I'm fucking on a web3payment gateway, earning a cash back.

>> No.53755156

>>53755025
What do you think about the ORE network and the Nexera ID and the partnership between them?

>> No.53755341

>>53742381
buy my merch

>> No.53755587

>>53755156
Good options, Both enhance security & wallet recovery. For seamless interoperability across several blockchains, ORE is ahead of others.

>> No.53755592

>>53754981
I will never be a whole coiner

>>53754666
>satanic trips
that is very telling anon but all I know is that im supposed to do the opposite of what biz says

>> No.53755772

>>53755587
Fear the next era of AllianceBlock. I am expecting a supper surge in price.

>> No.53755812

>>53754981
I've got to look elsewhere to still make it in life, ATOM, ETH, ORE.

>> No.53755916

>>53742261
I can't wait for the eventual launch of Powerpool LUCY- LUSD liquidations stableswap vault that allows you to make tremendous gains even in this bearish market.

>> No.53756187

>>53755156
>Nexera ID
Heard about this the other day while looking into the privacy angle. I've heard about the token transfer coming as well. Should I buy now or wait for the new one?

>> No.53756222

>>53756187
Dive in asap.

>> No.53756381

>>53746276
You think XRP will win the case?

>> No.53756757

>>53755072
Lucky enough to buy house on the platform

>> No.53756859
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53756859

>> No.53757114

>>53747538
Perfect picks, a self-custody focused project is a necessity now that hackers are having a field day.

>> No.53757939
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53757939