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/biz/ - Business & Finance

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56756057 No.56756057 [Reply] [Original]

HOW THE FUCK YOU ALL HAVE PORTFOLIOS WORTH $100K+
I ONLY HAVE $1500 IN CRYPTO

>> No.56756061

>>56756057
When did u start investing

>> No.56756063

>>56756057
most people on here are lying. 1500 is probably a pretty good number for actual average networth on this board.

>> No.56756064

>>56756057
Oh well, that is very easy to explain. We accumulated in the bear market when we were fudding and making sure other people weren't buying. Lots of bobo posting.

>> No.56756070

Ive been in the game for 6 long ass years my nigga

>> No.56756082

>>56756064
10k is real though

>> No.56756087

>>56756061
About 8 month ago. I DCA’d whenever I could afford to from my wagecuck salary

>> No.56756099

>>56756057
Get a fucking job moron

>> No.56756105

Accumulate small caps and let them grow and you’ll join the 100k - 500k club faster than you think, but you’re probably buying big caps, which is why your shit barely moves

>> No.56756114

>>56756057
Wish I could escape five fig hell. Toad will hopefully be my ticket.

>> No.56756153

>>56756057
you probably have more than majority of people in here. The secret ingredient is lying.

>> No.56756176

>>56756057
>HOW THE FUCK YOU ALL HAVE PORTFOLIOS WORTH $100K+
From the 2 previous bullruns obviously. I started mining as a kid. My networth is 700k.

>> No.56756187

>>56756176
>t. 23 year old

>> No.56756198

>>56756176
Are you serious?

>> No.56756203

>>56756153
No they’re not. Literally no point in lying on /biz/
>>56756105
>smallcaps
How small are we talking here? I need to reach 6 fig portfolio but I’m always crabbing

>> No.56756213

>>56756203
>Literally no point in lying on /biz/
you underestimate the indian mindset

>> No.56756216

>>56756087
i started dcaing in 2015.
theres your answer

>> No.56756219

>>56756082
Absolutely. Don't buy right now.

>> No.56756231

>>56756198
Why wouldn't he? I mean anyone involved in crypto before 2017 has made it.

>> No.56756238

>>56756057
started in 2017.
have 1M.
started with 10k, literally all i could save in one year working.

>> No.56756253

>>56756057
1. The average age of this board is probably over 30.
2. I imagine people by hanging around here do get detached from the reality of the average person in a financial sense.

>> No.56756258

>>56756216
It's weird how I was such a normie buying into Bitcoins $100 pump in 2012 but forgot about it and didn't get involved again until years later. All I had to do was login to a forum and read about Eth and I would have bought bags. It pays off just to be present to a community like biz.

>> No.56756280
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56756280

>>56756057
put your entire networth in crypto then get a job and put 90% of your paycheck in crypto for several years also dont trust jews niggers or trannies

>> No.56756288

>>56756258
Doesn't really work anymore. /biz/ is super censored by jannies now. You aren't even allowed to make threads about promising projects with real useful tech. Jannies will instantly ban you.

>> No.56756304
File: 108 KB, 933x933, IMG_4426.jpg [View same] [iqdb] [saucenao] [google]
56756304

>>56756057
I‘m already 28 years old op.. I’m assuming you’re young. I would give most of my networth to be 20 again.

>> No.56756312

>>56756057

We simply started off with more. I lived on nothing but budget food like eggs for almost 4 years from 2017 to 2021 to get bear market money.

>> No.56756313

>>56756288
There is are no promising projects. There is no useful tech. There is only Chainlink. Deal with it.

>> No.56756329

>>56756258
yes it does, but its also an iq test which i like because you cant just let all these norman tourists make it.
>>56756288
there is no more “new promising products” that era is over. you banned for promoting scams.
Next bullrun will be the “blue chip” run

>> No.56756341

>>56756304
Shut up, boomer.

>> No.56756348

Because they're all self made millionares with giant penises who fuck models of course. I personally only have 15k in crypto, but if prices return to last bull market levels, it will be around 60k. I also have a coin that if it reaches $1, which I suspect it could, I'll be at 100k. A good 5 year goal is to have doubled whatever you put in with crypto with a little but of trading experience.

Remember that you can write off $3000 of capital losses on your taxes, so play around a bit when you're learning because you have a cushion

>> No.56756380

>>56756313
>>56756329
>Only chainlink is gud
You morons are literally brainwashed by biz jannies. Pathetic.

>> No.56756386

>>56756288
you are fucking retarded. there are no promising tech projects. its all indian scammers shitting up the board with bot spam threads. half the board should be nuked. i am hiding spam threads all the fucking time. those spam bot bastards should be hanged!!!

>> No.56756392

>>56756386
Hello jannie

>> No.56756393

>>56756064
Based

>> No.56756407

>>56756392
go fuck yourself with your shitty LINKy spam. nobody is falling for your heavy bags!

>> No.56756459

Buying low and HODLing for many years is the only tried and true method. many anons get the low part right but then JUST themselves and lose it all trying to play the market, shorting/longing etc.

Also, probably less than 10% of the board overall have networths over that much in crypto, large majority are poorfag lurkers, pajeets etc. You dont see the people who dont post, and that doesnt include larpers/liers

>> No.56756487

>>56756231
I dont know, a lot of larpers in here

>> No.56756496

>>56756082
2 more weeks

>> No.56756527

>>56756087
Wtf, are you from piss poor SEA country?

>> No.56756570

I always post about having $100K-200K in stocks/crypto but I'm broke.
I also larp as someone who just inherited $200K.

>> No.56756574

>>56756527
Pisspoor EU country.

>> No.56756608

>>56756057
Because I have a job and just keep DCA-ing into it over time. Swing trading and p&d shitcoins are a sure way to lose your ass.

>> No.56756614

>>56756057
how do we get brazilians and arabs to leave our board?

>> No.56756624

I currently have about $100k in my portfolio (mostly stocks, some crypto but not much), but truth is that most of that money came from my job, I'm actually negative on these investments. I'm hoping something will happen with this in the future, but so far nothing.

>> No.56756632

>>56756614
whats wrong with being brazilian bro, is it because i'm btc/eth maxi?

>> No.56756641
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56756641

It not ok to be white. Racism can go both ways, ain’t that right.

>> No.56756814

>>56756057
Simple
> DCAing for a decade (BTC & eventually ETH)
> never selling unless it became more than I was willing to lose
> diligently budgeting and keeping an emergency fund, protecting me from ever having to liquidate
> got older, grew up, income grew, crypto kept growing in value
> tolerance for "willing to lose" went up as a result; basically invincible to price action now
I got lucky by getting in early, but 90%+ would have sold by now in one of the previous bubbles. Especially when they hit the six figure mark.

>> No.56756826

>>56756087
I started in 2018 anon.

Put your shit in Link and wait 5-6 years like the rest of us.

>> No.56756849
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56756849

The goal is to find another Radiant, another Kaspa before it blows up.
Currently... this one fits the bill.
Get some or get left. Equation is moving.

>> No.56756878

>>56756288
This your thread >>56756857 ?

>> No.56756947

Is there ANY richfag in this thread that would consider an arrangement to help me save my life?

>> No.56756979

>>56756947
You should probably just post your whole scam.

>> No.56756992

>>56756979
What scam nigger

>> No.56757000

>>56756992
Why would anyone just give you money?

>> No.56757085

>>56756947
Stop begging, no one cares about some poorfag turd worlder, there's millions of you.

>> No.56757144

>>56757000
Philanthropy? Maybe I can work for them. Im fucked

>>56757085
Sure but Im here asking

>> No.56757158

>>56757144
And no one cares. If you have time to beg on this board, you have time to work more hours at a job.

>> No.56757167

>>56756057
Been here since 2016.
>Eth at $10 was nice.

>> No.56757172

>>56756219
hope harder, gay black person

>> No.56757390

>>56756057
I put $750k into crypto every week. Try that and you'll probably have $100k worth of crypto within 24 months.

>> No.56757426

>>56756057
been trading since high school, you buy the rumor, sell the news chud

>> No.56757452

>>56757158
I post on my work phone, i dont have much free hours in the day. Im just asking hoping a richfag would give a shit

>> No.56757465

>>56756231
I owned my first btc is 2015. But I gambled much of it away.. Portfolio is worth 5k now. I could have had so much more but kept buying into shit coin pumps

>> No.56757485

>>56756057
I'm from EU.
33 years old.
$60 000 in crypto.
$5 000 in bank account.

>> No.56757596

From EU
>6k in crypto
>25k in stonks
>25k in etfs
>20k in cash
>tfw lost 300 link due to le blockfi bust

>> No.56757608

>>56756063
How do you know?

>> No.56757746

>>56756057
What, you expect to become a millionaire with a measly 1.5k?

>> No.56757765

>>56757452
We don't, we never will, no one on this board will ever give a shit, give you any money, or hire you for anything. So stop being annoying and blow dudes during your lunch break for extra cash.

>> No.56757817

>>56756063
i doubt this, there isn't much turnover rate on the chan's. It's my impression that at least 50% of the people that browse /biz/ today also browsed it 5 years ago.
Another thing that follows from the "low turnover" is that 4chan average increase on a year to year basis.
Having +100K as an investment is not that unusual if you are in +30 yo; and in particular not if your hobby is investment and economics.

I can go into detail about why i get this impression of low turnover, but in essence it boils down to meme recognition.

>> No.56757824

>>56757817
> is that 4chan average increase on a year to year basis.
*average AGE*

>> No.56757839

>>56756105
Everything I accumulate at 5m mc crabs there perpetually, or goes down to 3-4m.

>> No.56757865
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56757865

>tfw 5k
is there an (cost) efficient way for me to consolidate these small holdings to just one?

>> No.56757884

>>56756063
This.
All these wealthy mid class numbers but not a single proof.
They are retards that never sold while the coins crashed and now larp as making it.

>> No.56757949

>>56756057
They're lying. Just DCA at a comfy pace for a few years, you'll be alright.

>> No.56758049

>>56756203
>How small are we talking here?
I've found some sub $4m mcap coins. 4/5 did well and it's like $5-10k now.

>> No.56758068

>>56756057
heaps of larpers bro

>> No.56758138

>>56757817
Chinese new year and wallstreet bonuses pumped my bags. wassu wassu wassuuuup