/biz/ - Business & Finance

Similar story, we fucked up. Time to move on and focus on future opportunities and take it as a learning lesson.

Worst thing you can do is give up.

>2020
450,000
>2021
2.8m
>2022
200,000
>2023
150,000

I hate this world.

2021
>$4 million

2023
>$450k

>>55772918

>2020
$7,000

>2021
$20,000

>2022
$50,000

>2023
$75,000

Had a real shit service job up until 2020 and now I'm a scientist and am DCAing into various markets. Only really started to dip my toes into crypto in the past few years and DCAing mostly into stable coins.

Am I going to make it bros

>2020
$23,000
>2021
$240,000
>2022
$38,000
>2023
$16,000

>>55773139
leverage was a mistake

>>55772918
>2020
$300k
>2021
$2,500,000
>2022
$600k
>2023
$400k

I feel zero happiness most days.

>2020
$3K
>2021
$700K
>2022
$60K
>2023
$45K

>>55773193
ooff. 2.5 mil was borderline make it money.

>>55772918
>2020
$1500
>2021
$3.2 Billion
>2022
$100,000
>2023
$1

>>55773644

YAGMI

>>55772927
I've got nothing left and I'm really close to giving up.

2008-$5000
2010-$25000
2012-$40000
2014-$75000
2016-$85000
2018-$105000
2020-$190000
2022-$115000
2023-$125000

Guess who held on to TSLA too long?

>>55773111
That depends on whether you're something worthless like environmental scientist or something that makes a lot of money like data scientist.

>>55772918

>2021
$650,000
>2022
$650,000
>2023
$650,000

it's all inherited and mostly sitting in my fully owned apartment, but partly in index funds

idk what to do with it I'm just coasting along taking a degree I have no interest in (finance)

>2020
-9k
>2021
-18k
>2022
-53k
>2023
-45k

>>55772918
>2020
3k
>2021
6k
>2022
180k
>2023
66k

>>55773497
Yea and honestly if it was 2.5 post tax that was my cash out number. I guess you can call it greedy or whatever but I was ready to hit the sell button there. Just never made it.

>2020
$3,000
>2021
$8,000
>2022
$25,000
>2023
$105,000, on track for $160,000 EOY if all of my investments stay stagnant

Feeling pretty good desu

>>55772918
>2019
4k
>2020
5k
>2021
10k
>2022
9k
>2023
7k

I'm a student fag. Being poor sucks. My only solace is that I have 3k in crypto, and I'm going to put more in through PT jobs.

>>55772918
>2020
20000
>2021
>20000
>2022
>0
>2023 2 months ago
15000
>2023 now
7000

>2017
$10k
>2018
$60k
>2019
$120k
>2020
$230k
>2021
$400k
>2022
$500k
>2023
$630k

Slow and steady index funds win the race. Stop gambling.

>>55774858
You cant get those gains with index funds you lying cunt

You should only be losing 50-60% during the bear, otherwise you are doing something wrong

>>55774858
>net worth doubled in the worst financial year since 2008
Yeah, you’re larping

2017
-70k
2018
-50k
2019
-35k
2020
-0
2021
25k
2022
35k
2023
65k

paying debt while also investing

>>55772918
>2020
$400k
>2021
>$1.3m
>2022
>$360k
>2023
>$300k
make it stop..

>>55772918
not counting student loan debt

>2018
$2200
>2019
$320
>2020
$450
>2021
$3600
>2022
$55000
>2023
$22000

>>55773809
Why not put it in a money market? Vanguard has 5% interest right now with full liquidity. If that's too 'risky' (kek, literally a money market but not backed by govt), CD's have the same rates for 6-12 months at 5%+.

Anyways
>2020
15k
>2021
50k
>2022
124k
>2023
115k (bought a house, god damn is it expensive)

2020
>3k in hs lost all of it on stock market
2021
>15k worked construction and that's what I saved
2022
>1k lost all of that hard earned cash on the stock market again
2023
>17k made it back by selling spells on etsy. Now in process of loosing it again. Killing myself soon

>>55774906
It's called having a good job and investing the majority of your income. Go get a skill. I made $374k gross last year

>>55772918
>2024
1,000,000,000,000
>t. 500 avaxxies stacclet

>>55772918
1000000

3000000

50000000

>>55772953
dude almost 3M you made it. should have sold everything
>>55773193
2.5M is made it money too

>2019
low: 80k
high: 350k
>2020
low: 130k
high: 1.5M
>2021
low: 1.5M
high: 5.4M
>2022
high: 3.3M (post tax)
low: 2.1M (ftx blowup)
>2023
low: 2.1M
high: 3.1M
current: 2.4M

anchoring bias is crazy, I'm rich and retired but I've spent past 18 months trying to get back to that 3.3 from right after I paid taxes in '22 to no avail. Plus massively underperformed holding btc/eth/qqq for all of 2023 so far. So I'm pretty miserable most days and keep vaporizing another 10k here 20k there etc on stupid schemes to get back to that 3.3 number. Could've just sat in cash the past two years and done better ffs.

>>55772918
>2020
100k
>2021
1.5 million
>2022
200K
>2023
350k

>>55775512
>selling spells on etsy
you wot m8?

>>55772918
>2020
$60,000
>2021
$160,000
>2022
$70,000
>2023
$80,000
Life is rough

>2019
$2m
>2020
$2.3m
>2021
$2.9m
>2022
$3.6m
>2023
$3.2m (Bought a new house)

I had already entered the lowest tier of "made it" with $1.5m by 2017 from a real business and boomer stocks. Only throw extra play money into crapto since 2017 and let the chips fall where they may. Not a major part of my wealth.

Since 2022 I only buy BTC, ETH, and DOGE.

>>55775824
I made 17k by selling spells on etsy. Simple as

>>55773700
Me too dude I had 20k a few months back now I'd kill for 10k of that back, I've been seriously depressed lately and lots of thoughts of giving up.

>>55775990
How old are you freind. I'm about to kms rn

>>55775996
I'm 38, don't kys you got money least I've hit rock bottom.

>>55774787
I'm stuck on $25k the past couple years.
How did you graduate to 100k?

>2018
About 2-3k (mostly some crypto and savings)
>2019
Less than 10k (first job)
>2020
25k
>2021
44k (second job)
>2022
42k (no job for 80% of the year)
>2023
52k (third job)
Will probably end at 55-56k at end of the year if all goes well

>>55776009
I'm 20 years old. I have lost all will to live.

>>55775983
which spells sell the best?
t. aspiring practitioner of magick

>>55774858
Based fellow nocoiner

>>55776053
Sell me a spell then I'll give you 2 cinnimon kisses, I want some anon to give me 17k he made of Etsy spells.

Is that feasible?

>>55775893
> real business
explain

>>55772918
>2017
20,000 to 1.2m at the peak
>2018
1.2m to 80k
>2019
rose back up to 300-400k
>2020
back to 1m
>2021
2.1m at absolute peak
>2022
1m roughly, give or take 50k
>2023
1m roughly, give or take 50k

Been stagnant for too long now.

>>55773158
Me too bro. Meeeee too.

>2020
$50,000

>2021
$750,000

>2022
$200,000

>2023
$50,000

I got lucky with splitting my stack up and burying it.

>>55776053
That's gay. Don't be gay. Stop watching anime and go learn to fight or something.

Invest some still and go to sleep earlier.

You're fine buddy. I'm 31 and been there. Something will change. Always up to you though.

>>55772918
>2020
$2,000

>2021
$2.5m

>2022
$50,000

>2023
$2,000

I'm hoping the 2024-25 bullrun will save me again

>>55772918
>2020
$0
>2022
$6000000
>2023
$100M

2020 - $5M
2021 - $4.5M
2022 - $4M
2023 - $5M

Stonks be like that

>2020
Well in the negatives due to mortgage
>2021
Again, in the negatives due to mortgage
>2022
$160k
>2023
$70k

Motherfucking Jerome
Motherfucking Gensler
Motherfucking Yellen

I love to blame everyone else but myself.

>>55772918
>Post your net worth for each year.
>>2020
>-30k
>>2021
>$55K
>>2022
>-10K
>>2023
>$230K

>>55776109
Love. Keep your ethics sound tho

>>55775704
not everyone lucked into being a software engineer

>>55772953
bullish

2020
1btc
2021
1.5 btc
2022
2.1 btc
Currently
2.6 btc and 15k cash

How do you retards not lock in your gains when you hit 2M USD+?

>>55772918
>>2020
$0
>>2021
$1100
>>2022
$2300
>>2023
$7500

Haven't had a job the entire time, I quit my wagie job in 2019 with no plan. Just sit here and read occult and esoteric books, my gf pays my bills, and every dime I manage to get my hands on I keep and invest it. I also have like 25k worth of classic video games, nice stuff like a complete in box Master System and Virtual Boy.

>>55772918
10k mostly in PMs

>>55772918
>2020
400k
>2021
700kish at peak
>2022
300k at bottom
>2023
500k
I'm diversified but 2022 still fucking hurt so much bros.

>2020
90k
>2021
550k
>2022
100k
>2023
110k

>>55777026
They’re degenerate gamblers. Ever heard the phrase “a fool and his money are soon parted”? Might as well be the slogan for biztards

>>55775704
Tips? I seek out challenges and persevere through the most difficult situations.

>2019
10k
>2020
20k
>2021
70k (was like 200k at peak of bull run)
>2022
100k
>2023
400k

I am self employed but mostly just trade crypto daily

>2019
48k
>2020
110k
>2021
155k
>2022
220k
>2023
278k(current)

Slow and steady but very bummed as housing is very unaffordable in my area and with the mortgage rates right now. Not exactly sure if I should leave my stable, easy, comfortable job and try to move elsewhere.

>>55772918
For the month of August...
2013: -$105k
2014: -$137k
2015: -$145k
2016: -$110k
2017: -$6.2k
2018: $87k
2019: $186k
2020: $326k
2021: $1.35 million
2022: $1.26 million
2023: $1.44 million

Bonus points to anybody that can guess when I started investing in crypto :)

>>55777892
Oh yeah I didn't count the 50k+ of gold and jewelry that I procured while working at a pawn shop during college. That's the amount I could get if I took my time selling everything piece by piece. If I just flipped it quick at a cash for gold place it would be more like 35-40k though. Also not counting my measly 42k 401k or 9k brokerage account either.

And right now I have 200k in a no-penalty CD. 69k(lol) in a 5.43% 13 week T-bill, and the rest in savings account.

>>55772918
>2020
$200k
>2021
$1m
>2022
$2m
>2023
$100k

>>55777892
>>55777927
funny, I also have 50k+ (I don't even remember exact amount) in 13 week t-bills

it's a symptom of wanting at least some interest in an inflationary environment but also not really having any clue what to do with cash in my case. I could buy a house where I live, I guess, but then my liquid assets would go from like 300k to 0 pretty fucking quickly. It is indeed a bummer.

>2020
>$0
>2021
>$0
>2022
>$0
>2023
>~$23,000

>19 years old
>only $3.6M networth
>down from $11.5M
Its so over

>2020
-60k
>2021
50k
>2022
250k
>2023
400k

Still can't buy a house.

>>55772918
>2020
$200
>2021
$23,000
>2022
$3000
>2023
$18,000
kill me

>>55773111
>stablecoins
if you are staking them for 4% then you will, just add some alts too like ETH since it has good potential to grow into new king seeing how it's the only alt with some actual potential
it's just that it's a really long process to get rich like this, you will not be a "i retired at 25" kinda guy but you will be "im 45 and retired rich boomer" kinda guy, which is also good

>>55772918
>2017
120k€
>2018
3k
>2019
25k
>2020
80k
>2021
465k
>2022
120k
>right now
230k

Bros… I thought I’d be a millionaire by now. I just need 1m for fucks sake. Where the fuck did all the time go.

>>55779841
>if you are staking them for 4%
How did you know my strategy on Rocket pool? I feel this 4% is too small for me and hope to get higher APY from SpoolFi when LSD is live in their v2...

>2020
$60,000
>2021
$120,000
>2022
$1,000,000
>2023
$450,000

>2020
$1 million
>2021
$2 million
>2022
$3 million
>2023
$4 million

>2020
$100k
>2021
$550k
>2022
$40k
>2023
$200k

>2020
$1000
>2021
$5 million
>2022
$4 million
>2023
$9 million

>>55772918
>2020
40k
>2021
160k
>2022
220k
>2023
-38k

>>55773768
I am both, not even kidding lmao.
But the 'worthless' one is the only one actually needed lmao

>>55782189
what happened?

>>55776053
>20 years old
>lost all will to live
>doesn't realize you could go back to school right now and graduate into a better job market
>could study through the rough job market and literally skip over this rough patch most people are feeling
>easily will get hired in 2027/2028
>could set yourself up during the next economic boom
>keep your nose to the grindstone through these rough years and come out the other side a champion

Anon you have so much time, the kids starting college right now are unironically in the best spot ever, imagine starting college in 2009. The recession would be something you talk about from the comfiness of your lecture hall, and then you just magically graduate into a bull market that's hiring everyone. Imagine how the people who are 24 or so feel right now, they are graduating into this fucking disaster. Some of them may not find jobs for a year or so. But you. You could skip over this nonsense and graduate into a job market that is desperate to hire you.

Think about it bro

>>55782238
Traded shitcoins, bought link
swung link on leverage with great success
noobie mistake ignored that the cycle was obviously over (double top mindfucked me)
traded shitcoins
rage traded shitcoins

I'm adding in my irl debts too. (car, cc debt)
I'm leveraged about 13k in defi on link and holding avi as a gamble.

Don't be like me.
Or do. I'll make it this cycle. Last cycle was babby's first.

>>55772918
>2020
101k
>2021
278k
>2022
488k
>2023 (Jan)
540k
>2023 (August)
747k

Upward trend because I don’t tend to invest in shitcoins or if I do I sell early and take profits. Slow and steady bros

>>55772918
tfw 2020 was 16 years ago. Also, I have 10 k to my name

400k in 2021 and roughly 20k now. I still have another ~10-15k in other assets if I decided to sell them but I dont really want to (watches, coins, books)

>>55772918
>Post your net worth for each year.
>>2020
>5000
>>2021
>163,000
>>2022
>5000
>>2023
>5000

>>55776053
Dont be a bitch, get off your ass. You've hardly even done anything. You're 20 in what I assume is a first world country.

>>55772918
>2020
242k
>2021
613k
>2022
561k
>2023
396k

I just want to get to 7 figures

I'm almost 29 and have under $5000. Pray for me

>>55777799
witnessed

2017: -60,000 (student loans)
2018: -180,000 (bought a shanty cottage in a seaside town with 13K I made in crypto)
2019: 20,000 (finished most repairs on house, added room that was rented to my friend)
2020: 250,000 (finished my house, got 50% equity in build to do the repairs)
2021: 580,000 (finished building successfully rented it and appraised at generous cap rate no debt, house exploded in value due to Covid, refinanced to 2.1% and rented it out for $2800)
2022: 1,000,000 (great income from job, consulting, smart value investments, and rentals, plus bought a duplex from a neighbor that was extremely run down, fixed both units, rented one out.)
2023: 1.2M (bought another seashore duplex in an up and coming town for $50K under asking (I closed within 30 days and waived inspections because I do the inspections myself), currently live in the shit unit and rent then nice one out as midterm/short term rental)

Overall rates are too high to keep going, have to sit back and build my stack for a while. First home has 90K debt, duplex has 200K debt, second duplex has 300K debt, and building with business has 0 debt. Blended interest rate is around 4% on portfolio.

>>55782676
Correction:
2020: 250,000 (finished my house, got 50% equity in a mixed use building to do the repairs and management)

>>55782672
start buying BTC immediately and take profits in about 2 years after the next halving. Then put a decent portion of those gains into some dividend royalty and a few other growth stocks, and enver touch them again.
Use the leftovers to slowly buy back into BTC when it inevitably crashes. Rinse and repeat.

>>55782706
Not a bad plan. I went from like $6k to $40k in 2021 and held it all the way back down like a retard, now I'm hesitant to get back into crypto at all.
At this point I'm just trying to catch up on basic personal finance (decent emergency fund, boomer stocks, HYSA). Hoping to raise my income in the immediate future

>>55772918
>2020
maybe like ~$5k.
>2021
~$800k I got in early when ryoshi shilled shiba here in feb 2021 with $200, I should've went all in.
probably made a few 10ks off of shit like cumrocket and hokk.
>2022
>2023
hasn't budged, wasn't stupid enough to go back in the market at the obvious end of the bullrun or blow my winnings. i've proven to myself that i'm actually quite good with money.
>2024
might go back into btc/eth/bnb in the inevitable crash next year

my lifestyle hasn't changed at all, I just went from a useless NEET to a moderately well off NEET who can help my mom with rent and groceries sometimes (cash)
oh, and I don't pay taxes and I never will, but I'm not american so there are no real consequences

>>55782776
Sell small percentages of your overall holdings as the price increases. Don't get greedy. As for increasing income--keeping your expenses as low as possible is just as important. I fell for the marriage meme and ended up having to liquidate most of my BTC below 20k

>>55772918
>2014
$2000
>2019
$5000
>2021
$80,000
>2023
$150,000

slow and steady

>>55772918
>2020
-$40,000
>2021
$1.3m
>2022
bottomed out at $130k
>now
$160k

lmao

>>55772918
OP here. Thanks for the replies. Now who can tell me where to put my last $3K so I can make it back to 6 figure hell?

>>55776405
x1200
How?

>>55783504
fantom

>>55772918
2020.
20k industrial construction. in 8 states.
2021
15k industrial electric in 1 state
2022
12k industrial electric in 1 state
2023
$290


also in 2018 my ss got stolen
and i didnt have a job or a car.
and the irs audited me and said i made over 35k+ that year and lien'd me for 6,000.

when i didnt even have a job or a car.


this is why i made 290 this year.
i stopped working for "$"
and i work for farm people and animals now.
and just barter.
0 larp

i'm done with society and i wont be back.
i will war anything else that fucks with me at this point.

>>55774597
based

>>55783740
>I am done with society and won't be back
Which is exactly why you're browsing /biz/, right? kek

glowie data mining thread

>>55772918
Eastern Europe
>2019
5k
>2020
60k
>2021
70k
>2022
100k
>2023
10k

>>55783688
All theb good fantom devs left fantom more than a year ago. It's a dead coin.

>>55774858
"Slow and steady"
>Starts with a 600% gain

You're either a larp or a genius. Given you're here you know what I'm thinking.
Try a better one next time

>>55784316
the FVM pump will melt faces

>>55772918
Imagine buying and not selling during the most obvious bullrun ever.

>>55772918
idk how many of u guys are joking but these are some of the most embarassing fumbles ive ever seen lmao. i bought cumrocket for 200 dollars and sold for 2000 but this takes the cake

>>55772918
Otherwise I'm like you OP
>2020
650

>2021
500k (stopped working started to spend furiously)

>2022
250k

>2023
3000

I'm a degen but now that I have a gf I need to face my failure. Also growing fatherless didn't help I guess. With time I'm learning that growing alone & by himself leads to over-risking. It's good in trading because it requires a good aggressiveness but it's also bad because lack of fulfilment/sense of purpose leads to poor defense.

T. Tried to drown myself in the sea a month ago during a storm but ended only half dead on the beach while gf was on a hike. Took some weeks to mentally recover from this. Still have nightmares & cerebral paralysis (incontrolable sense of fear from time to time).
I'd like to go to sleep and never wake up again, not a meme.

>>55784340
Do you save $0 a year? That was almost no returns and purely savings.

Make good money and save most of it. Put what you save in VT. Do that for 15 years and you're financially independent.

Or keep making peanuts and gambling away your pitiful allowance. The first step to being rich is having a high income. It's much easier to save $50k than get a 500% return. The first step to a high income is build an in-demand skill.

Once you have a high income, then start seeing how to invest. Gambling with a few hundred dollars here or there will get you nowhere.

>>55784449
why did you stop working with only 500k? you legitimately need multimillions to stop working and live comfortably.

>>55772918
2020 - 35k
2021 - ~675k
2022 - 20k
2023 - ~3k

I feel nothing anymore..
I don't think it's possible to recover and I'm not sure I care anymore.

>>55772918
>2020
-$35,000
>$2021
$160,000
>2022
$80,000
>2023
$110,000

>2020
$20k
>2021
$350k
>2022
$30k
>2023
$50k

this thread is suicide central

>2020
$15k
>2021
$175k
>2022
$115k
>2023
$65k

Man, I hope at least some of you are LARPing. The fact that almost nobody here sold is depressing.

20: 25k
21: 70k
22: 32k
23: 1.2M
Glad I got out of crypto. Regular economic data is easier to gamble on than the illiquid manipulated pyramid scheme of crypto