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/biz/ - Business & Finance

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57066566 No.57066566 [Reply] [Original]

Imagine telling the average normie you made 100k, 200k, 500k, 1 million dollars or more from buying fake internet cryptocurrency tokens. Could their brains even comprehend it?

>> No.57066584

>>57066566
I love flexing on normies. Lost my whole friend group when I told them how much I made off crypto kek

>> No.57066610
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57066610

>>57066566
Average brains cant even comprehend budgets, compound interest, or spending less than they earn. I imagine if you were dumb enough to tell one, they'd go directly to denial

>> No.57066664
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57066664

>>57066566
imagine telling the average normie you have buy because you ear that and you loss all your money because your are a bad investor or trader..

>> No.57066706

>>57066566
I explained to my coworker that an $1800 purchase would have resulted in $1.3 million in profit had I not sold at the bottom to swap for a different coin that turned out to be a scam (bsv). They basically said "so you bet on the wrong number at the roulette table." I reiterated to them that any other bet would have resulted in several hundred thousand at least but they just see it all as gambling. I don't think normies will ever buy altcoins and when they do it will probably be the top.

>> No.57067117
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57067117

>>57066566
It does suck though to think all you had to do was click a few buttons on your PC in the comfort of your own home ten years ago and you would be unbelievably wealthy today. All you had to do was hold.

>> No.57067445

>>57066566
A one-off $1-200k is literally nothing tho.

>> No.57067469

>>57066610
It's shocking that normies literally do not track their finances

>> No.57067478

do giraffes stoop down to explain to ants why they're so tall

>> No.57067705

>>57066566
yeah they comprehend it as luck, which it is

>> No.57067751

>>57066706
>but they just see it all as gambling.
which it is

>> No.57067944

I was at Target Optical and the random sales guy there told me he was all in SHIB. I think normies are def aware of the fuck you money you can make in crypto.

>> No.57067960

>>57066566
No good can come of telling people. Just laugh about how bullshit everything is when you made someone's yearly salary or 10x it by buying something called DogFrogBonerBucks.

>> No.57067983

>>57067944
Some salesfag shibaggie isn’t representative of the modal normie thoughever

>> No.57067988

>>57066610
i love how normies will never understand the power of compounding

>> No.57067998

>>57066706
BSV isn't a scam. Literally the only version of Bitcoin that works. BTC is a scam fork. CSW is going to win COPA.

Checkem

>> No.57068076

>>57067998
bitshit v

>> No.57068097

>>57067983
>Salesfag shibaggie
Has never used wallet software and couldn't tell you the different between a seed and a key

>> No.57068132

>>57066584
>when I told them how much I made off crypto kek
Incoming $5 wrench attack by hired niggers

>> No.57068135

>>57068097
This. He was as normgroid as they come. He’s working for Target for christs sake.

>> No.57068149

I've only encouraged a few friends to buy gems in the past, and I've never, ever told them how much I bought myself. I don't tell anyone what I have or haven't made. That's just stupid.

>> No.57068636

>>57068149
Sometimes, when friends ask what I bought, I mention altcoins like XTP, HBAR, and MATIC. After that, they usually don't ask again, and I just move on. I'm not the one missing out on opportunities here, anyway.

>> No.57068853

>>57066566
you look very fat t b h

>> No.57069143
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57069143

>>57066566
My mother literally hated me when I told her I got $100k from some token called maga $trump, not because i was gambling with cryptocurrencies, but because she believed i was supporting trump's political campaign and i was accepting bargains

>> No.57069184

>>57067751
In gambling the house always wins. But in crypto there is no house

>> No.57069226

>>57069184
>But in crypto there is no house
yeah there is, exchanges and whales.

>> No.57069242

>>57069184
I like that, using to describe to normie friends if you don't mind anon

>> No.57069288

>>57069226
LMAO exchanges and whales dont always win anon

>> No.57069300
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57069300

>>57066566
I can't wait to see their faces when they find out I bought my Lambo using $Michael obamas LARGE penis token

>> No.57069637

>>57069143
>things that never happened

>> No.57069664

>>57066566
Nope. That's why I just stay mysterious and avoid the topic of how I can afford traveling the world for the last two years without working. "savings" lmao.

>> No.57070753

>>57066566
kek. I'm going to have my own gist after I buy Supra at TGE.

>> No.57071567

>>57066566
It's still a huge surprise how normies hold BOBNET and keep printing millions when the bullrun haven't started, earning 40% trading fee, 1% trading volume and 75% Auto trader

>> No.57071639 [DELETED] 

>>57070753
Oracle is based.

>> No.57071685

>>57069184
>gambling
Funarcade is where crypto and gambling meets, offering top-notch gambling experiences and the chance to earn some extra bucks.

>> No.57071706

>>57070753
When is the TGE??

>> No.57071713

So you basically gambled.

Holy shit what a discovery!!!

>> No.57071740

>>57068636
No RAIL? Friends ain't gonna take you serious.

>> No.57071762

>>57071706
Q1 2024. Keep an eye on it.

>> No.57071807

>>57066706
There is a disconnect when it comes to managing risk for normies. They think all forms of investing are analogous to buying lottery tickets with one in a multiple million chance of winning.

>> No.57071808

>>57066566
Surprisingly, normies aren't aware that Adlunam's Engage To Earn principle is still the reason why chuds are not feeling the bear bites.

>> No.57071868

>>57067117
remember doing this shit and thinks this shit is stupid why i need btc account and software..they cant send btc on my gmail this is stupid.

>> No.57071895

>>57071868
you're not alone.. lazy phaggot-bros, we keep on not winning

>> No.57072837

>>57066566
I'm going to do this by next year to my normies that missed investing in QANx

>> No.57073121

>>57066706
>"so you bet on the wrong number at the roulette table."
this is their way of coping
>yeah they comprehend it as luck, which it is
luck is inevitably a part of the final outcome, but there's nothing lucky about buying low and selling high when (almost) everything is low then everything is high, like clockwork, every 4 years. You're more likely to walk away with 10x+ than nothing if you bought something that wasn't a complete and blatant scam.

>> No.57073120

I am so far behind on the crypto investing... I can tell how or where to jump in. I think BTC is already jumped up so much I'd have better luck on shitcoins. But, I'm not educated enough on the technicals to know when I'm being lied to and sold ... Or when something is a legitimate good idea.

Anyone have any good YouTube channels they recommend for a starting crypto investor that wants to understand more?

>> No.57073141

You don't tell people anything about crypto lol.
You just say something like "I'm a tailor" and that's it.

>> No.57073353

>>57066566
My mrs mentioned it to her father and he thinks I work on the stock market. He asked me for stock advice a couple months ago and I told him I don't know the first thing about stock trading. He thinks I was being hostile, I haven't corrected him because the tedium of trying to explain to him what crypto is is not outweighed by him not thinking I'm a surly prick.

Not gonna lie, feels bretty good.

>> No.57073911

>>57073120
It's all a scam more or less. All of it. Do not fall for le tech memes. Fundamentals do not matter. And for starting out, your best bet is to pick 3 coins and slice up your capital between them. If you want to play it safe stay in the top 100.

3 things matter. Sentiment, price, supply. Avoid buying tokens with constant and hard supply dilution. Price action at this stage of the cycle should be broadly positive (2x or more off the bottom), don't buy shit that's still hovering near lows. If a coin hasn't shown any sign of life on these rallies out of the bear, it's dead and should be avoided. And the sentiment for whatever narrative the coin markets toward should be positive. If you can check these three boxes on a coin, it's got a decent chance of going into self fulfilling prophecy mode and landing you a 10x or better.

Best narratives IMO are AI, "real yield" defi tokens and memes. L1/L2s not a bad bet, safer but less reward. Pick what sounds best based on whether you think someone else will think "this is the future" or whatever. Remember, fundamentals don't matter: it's all about the story.

>> No.57073926

>>57071762
I'm expecting Qanplatform's mainnet launch about same time too

>> No.57073934
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57073934

I told my friends I won $10,000 at the casino (actual casino, not buying random shit on Sol) and they all told me I should put a down payment on a jet ski, car, or other stupid shit nobody needs. Why are they all like this?

>> No.57073942

>>57066566
yes everyone has heard of bitcoin

>> No.57074108
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57074108

>>57066584
You have to understand, most people are not ready to be unplugged

>> No.57074119

>>57066566
so? the lottery is just fake numbers and they play that

>> No.57074139

>>57067998
BCH

>> No.57074152

>>57073121
>hat wasn't a complete and blatant scam.
you mean like all shitcoins?

>> No.57074170

>>57066566
> cool
> that's almost as much as my grandma left me when she died

Seriously every middle class normie I know (as in college educated, but earning 60k) inherited a couple of mil.

>> No.57074545

>>57074170
this sounded so insanely bullshit i had to look it up and found out the top 1% of inheritances received $700k and average got $50k
"middle class" kek ok mr. connecticuit boy

>> No.57074997

>>57066566
The average normie understands that every dollar of profit for you is a dollar of loss for someone else. Congrats on your success, I hope you continue to have good fortune.

>> No.57075020

>>57074545
I am from Indiana and didn't get shit. My friends (redneck trash) have grandmas who worked in factories leaving them millions because they never touched their stock options from back when America was 'MERICA.

>> No.57075156

>>57071807
>There is a disconnect when it comes to managing risk for normies
This x infinity. Risk management is the key to everything and all serious investors should understand this. The goal is to maximize your expected return which is accomplished by allocating capital up and down the risk curve. In the simplest terms, buy BTC because it's a sure thing, and shitcoins because the possibility of a 1000x despite the low probability greatly increases your potential gains. Combine this with the obvious seasonality of the markets and you win. However I'm not surprised normies don't get this because it requires understanding probability, which also most autists here don't understand either.

>> No.57075189

>>57075156
That's why I like link. I don't know when, I don't know how, but eventually it will 10x and that's good enough because I can't afford a house in 5+ years anyway.

>> No.57075229

>>57066566
Every other person is worth a few million nowadays OP you aren't special

>> No.57075231

>>57075189
Yes I also have a nice LINK stack, but it's not my only bag. If 2020/21 wasn't a wake up call for linkies that they should diversify their folios at least a little bit, then they're pretty hopeless desu. At least if they care about optimizing their gains.

>> No.57075288
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57075288

>>57066566
Cool story, bro but normies still love coinbase, robinhood and crypto dot com because they are reputable exchanges. Most shitcoiners who ACTUALLY make it lol who want to cash out will eventually have to use a reputable exchange to convert to a normie token THEN withdrawal because most banks won't touch your thousands you made overnight. My bank gave me a lot of shit once over a small check i won on some canadian online injun casino

Tl;dr - thank you shitcoiners for mooning my HOOD, BLOCK, and COIN stonks

>> No.57075657

>>57067469
It makes no sense. Like how can a person be so worried about money but have absolutely no desire how to make/save money? I don't expect everyone to have a Jewish sense of money like me but goddamn.

>> No.57075752

no they quiet literally seethe and cope.
everyone and i mean EVERYONE i know has credit card debt except for myself. meanwhile i just bought a used car in cash and my net worth still doubled this year. i have no sympathy