/biz/ - Business & Finance

[Anonymous No.57458985]

Is this accurate?

[Anonymous No.57459001]

>>57458985
185 IQ here
you should just follow maths

[Anonymous No.57459004]

>>57458985
Yes. Im the one on the left. I keep selling but its the bottom every time. Im actually losing money during a bullrun. 3 cycles in and I cant learn to hold

[Anonymous No.57459009]

>>57458985
Feel like this every time when I’m on Dplay, and every time I decide to take those risks, it always pays off kek

[Anonymous No.57459015]

I only regret the things I didn't do.

[Anonymous No.57459026]

>>57459001
shutup nerd
you gotta have money to count money

[Anonymous No.57459030]

returns can not exist without risk

[Anonymous No.57459040]

>>57459026
if a model works, you will make money even with a dollar

[Anonymous No.57459103]

>>57458985
If your judgement is good: you plus up on gains.
If your judgement is bad: you plus up on experience, to improve your judgement.
Life does not end at rejection, bankruptcy, recession nor world war.

>>57459030
Simple as.

[Anonymous No.57459317]

>>57459040
>if
Yes.

[Anonymous No.57459455]

>>57458985
yes
t. midwit

[Anonymous No.57461055]

>>57458985
>i should wait for the perfect time
>wait
>forget
>oh no

[Anonymous No.57461089]

>>57458985
It's more:

[Anonymous No.57461149]

>>57459001
>>57459026
this guy is kinda right, im no genius but I love to learn and it feels pretty self defeating pretty often to learn how to spot trends when you don't even have the money to play

[Anonymous No.57462549]

>>57458985
> takes months or years for bags to pump
> dumps 50% in 1 hour
this what put me off risk, still got bearmarket ptsd

[Anonymous No.57462881]

>>57458985
>70IQ quits their job to start some trade, retires rich
>150IQ quits their high paying job to start some company, retires rich
>midwit stays wageslave forever

im biased as i recently quit a $200k job to learn how to start my own business but yes it is accurate

[Anonymous No.57462900]

>>57462881
is it tho? How many 80 IQ and below individuals do you think have made it financially? Also from those that have, typically through winning the lottery or inheritance, they will blow through even very large amounts of money within a few years because that's just what stupid people do

[Anonymous No.57462902]

>>57458985
130s here, I'm going to live in a trailer in the woods to save on rent

[Anonymous No.57462909]

>>57462900
the 80IQ does not "make it" but he still takes the risk
"the risk" might be doing meth and getting in a high speed chase, but he still takes it

[Anonymous No.57462913]

>>57458985
false dichotomy and you're going to blow up so fucking hard

[Anonymous No.57463156]

>>57462909
I don't understand what point you're making. Your post was about taking risks and retiring rich. Obviously lower IQ more impulsive individuals will take more risks, my point is that this doesn't mean they make it.

[Anonymous No.57463166]

>>57463156
you are right i shouldn't have said the 70IQ retires rich because that is very unlikely. in my reply to you i was more referencing OP image where the 70 and 150IQ both just say they take risks, it does not conclude they both end up rich

[Anonymous No.57463302]

>>57459001
what specific math big brained anon?

[Anonymous No.57463311]

>>57462881
Men suffer because we have to fuck something and we have to deal with dumb cunts.

[Anonymous No.57463346]

>>57458985
too much risk is the main reason why people don't make it.

[Anonymous No.57463357]

>>57459040
imagine developing the greatest investment model ever and then you turn your $1 into $3 lmao

[Anonymous No.57463363]

>>57462881
>i recently quit a $200k job to learn how to start my own business

[Anonymous No.57463366]

>>57458985
Yes. But the drooling buddy on the left doesn't know why he should pick a certain risky asset, whereas the hooded buddy on the right does.

[Anonymous No.57463387]

>>57463346
Absolutely not true. Most people, like 99.5+% of people, "don't make it" because they take too few risks, not too many.

[Anonymous No.57463432]

You should take more opportunities to take risk, not just risk more. Which is why I don’t think the graph is completely correct here. The retard will go all in on shiba or bonk at the top, or buy the wrong dog coin and get rugged. The 150 iq will find the 5 most promising dog coins and put in 100-1000$ each and win big on one, while the midwit will wait around for the perfect opportunity and never buy anything, or sell after +-10% because he got scared or to “take profit”

[Anonymous No.57463594]

>>57463363
yes

[Anonymous No.57463854]

>>57463594
Can you elaborate or offer advice for anons stuck in 6 figure wageslave jobs?

My job pays the bills but completely drains me. I would love to start a business but so far my attempts to start up an e-commerce store have failed. What do you recommend starting with?

[Anonymous No.57463927]

>>57458985
The low IQ take is to take risk on the market
The high IQ take is to take risk in career

[Anonymous No.57463948]

>>57463311
>dumb cunts
That's you taking them seriously. Treat them like children or small minded creatures with pussies attached. Trick them out of their treasure and laugh at them.

[Anonymous No.57463959]

>>57458985
No, this is the kind of meme chart that taylor-made for reddit

[Anonymous No.57466031]

>>57458985
the ungodly majority of millionaires didnt get there with get rich quick methodology, so no this is retardedly inaccurate cope. theres a really strong confirmation bias loop in the meme coin gambling community because all you zoomer twinks that are addicted to it dont want to work/generate real wealth so risk "tolerance" is encouraged to unhealthy degrees in this little internet echo chambers

[Anonymous No.57466067]

>>57462900
more dimwits than you would think are financially stable. making a million dollars is not hard, theres no secret to it. what surprises most people is that teachers (primary) consistently rank in the top profession of self-made millionaires. you idiots only make it hard because youre trying to cheat the system. some will make it, most will fail. u guys should just learn actual finances instead of hoping to step in shit with "muh next big rocket ship meme coin"

[Anonymous No.57466750]

>>57463854
>Can you elaborate or offer advice for anons stuck in 6 figure wageslave jobs?
>My job pays the bills but completely drains me. I would love to start a business but so far my attempts to start up an e-commerce store have failed. What do you recommend starting with?
I only quit because im too lazy to put in any real effort at my own biz when im pulling in a salary. So far I've learned
>marketing SUPER fucking important
>start driving organic traffic to your site BEFORE you launch via youtube, blogs, twitter etc. to get SEO kickstarted
>dont obsess over little things or get your hopes diminished by stupid technical problems on the app itself because it wont matter if nobody ever sees it
I'm in the midst of writing and creating a bunch of content to spew all over social media to start driving organic traffic because my page has absolutely no ranking on google so nobody will ever see it otherwise,. but i can start to get ranked for more niche searches (like "dog underwear in san francisco") than i can for more generic core searches ("underwear') so that will help drive some traffic

the good thing about my business is its the kind of thing that my clients will share on their own sites and social, so i'll get an SEO boost from that once i start building a client base

tl;dr i don't have much wisdom to share, but every day since ive quit my full-time job i've learned a bunch of new shit that i'll need to know to make it, which I was just too lazy to try and figure out while i made a comfy salary.

[Anonymous No.57467558]

>>57466750
Now this is the content I come to /biz/ for.

What's the status of your app? Have you launched?
Are you making any profit?
How much did you spend on marketing?
How much did you spend on development?
How much was your own money vs. external investment?
How did you obtain external investment?