/biz/ - Business & Finance

>>28883008
I made this pepe

>>28883008
a 50% loss is literally $5000

>>28883008
>gaining and losing more than most people make in a month every time I refresh my screen
fug

>>28883008
Yes, and if you invest 100k a 1% gain is $1000, a 10% gain is $10000. The wealthier you are the more you stand to gain from investing. The poorer you are the less meaningful your gains will be. $1M 1% gain is $10000, avg American poor makes 25-30k, so you only need 2.5-3% to match their income.

>>28883008
math

>>28883135
dude eth fees right now cost more than what an ugandan gold miner makes in a month

>>28883275
You dropped your taxes buddy.

>>28883008
kid you have no idea. 10k is a peanuts compared to people who have been in the market for 12 years, btc has created millions of % gains and will continue to do so.

>>28883008
You now know the power of investing >10k

That why it’s so easy for the rich to get rich. Imagine buying 10k of link when it was at $16

>>28883008
I made this.

>>28883008
That's why at $1M you literally cruise in bull season.
A 2x means you can secure $1M in stablecoins easily and sleep comfortably.

>>28883375
Ya thats why Ive been moving lots of funds to CEX's. I may be losing on security, but these fees are absolutely fucking ridiculous, and if binance was going to exitscam, they would have a long time ago. CZ doesnt need to steal everyone's money to still steal everyone's money, if that makes sense

>>28883008
SPDR S&P Euro Dividend Aristocrats UCITS ETF - EUR DIS
21,57 EUR

>>28884052
im not worried about binance exit scamming, they make a shitload of money working as intended
im worried about (((them))) taking it down

>>28884245
Dividend 0,69
Step 1. Have 10M$
Step 2. Put in Dividend ETF
Step 3. Never have to work again while still making more just from dividends than most CEOs

>>28883008
>invest in boomer stocks
>it takes 365 days to average 7% return (3% after adjusting for non-kiked measures of inflation)

>>28884251
Why do you think they pulled out of the US and opened a separated cex for clapistan?

>>28883375
Can someone explain to me in retard-friendly terms why the fuck is that? I made 100$ in a shitcoin and it costs 90$ to transfer it to ETH. What the fuck

>>28884558
because ETH is the windows 3.11 of smart contract networks

>>28883008

>>28883008
>hold 100k of anything
>a 1c gain is $1000
holy shit

$100 dollars is literally nothing though

>>28883407
Long term capital gains under $40k is taxed at 0%, smartypants.

>>28884251
Thats fair I guess, but CZ has already proved himself pretty adept at running away from regulatory bodies lol. I think its at the point now of too big to fail without more or less killing the industry (or at least setting it back years at least). People will compare to Mt.Gox, but that was in 2014 when 70% of bitcoin was traded on that exchange, and the entire crypto mcap was under $1bil. We're over 1000x as big now, and actually starting to rival assets like gold/silver. The entire landscape is different and not really comparable.

There's a point of no return for regulation, and thats generally right around the time when companies like paypal/twitter/tesla or funds like grayscale/blackrock start getting skin in the game. This is a different situation entirely, but just compare it to Apple literally lobbying for slavery/forced work camps in China to remain open, and them still being allowed to sell products MADE BY LITERAL SLAVERY. These guys dont play by the same rules, and once they get involved, governments basically have to do as they say or its bye-bye campaign/speaker gibs

>>28884558
Look up ethereum's scaling issues. ETH 2.0 is supposed to fix it, allegedly. It's rolling out in 3 phases. Phase 0 (first phase) I believe rolled out a few months ago. Phase 1 and 2 (second and third) should be out by end of next year at the latest imo, although I'm pretty pessimistic so some people estimate there'll be a solution sometime this year. I wouldn't count on it. It's why coins such as Cardano and Algorand are doing well, because they market themselves as smart contract platforms which don't succumb to the same gas issues that ETH does currently. I believe ETH will remain the top platform though for the time being because I don't think its competitors will catch up before ETH 2.0 releases.

>>28885156
>ETH 2.0 is supposed to fix it, allegedly
Just ask yourself how much motivation there is for a dev to release a product that directly reduces the amount of money they're making by an exponential amount. This is the reason we will never see eth 2.0 or a solution to the scaling problem.

>>28885156
Thanks anon, I'll look into it

>>28883055
You should be ashamed
Good job

>>28883055
Me actually

>>28884838
It's also something, you just have to put it into perspective. Someone with 10k in their name can put those 10k in low risk stocks and generate enough to eat for free.