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/biz/ - Business & Finance


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29796029 No.29796029 [Reply] [Original]

It was fun while it lasted guys. All the memes, everything. I watched my portfolio go up to $1.1M but now I'm selling everything at $200K, enough to cover some small taxes and pay off my house, which is more than what most could ever say.
It was fun, but fuck, I can't handle this shit anymore. The Bobo memes used to be funny but now they just make me feel like dying. I really thought I was going to make it this time guys.
Anyway, have fun. Take care.

>> No.29796081

>>29796029
See you in March

>> No.29796090

See you on Biz again tomorrow yeah fren?

>> No.29796284

>>29796029
You have seen glory yet you left at the stairway.
You will never be able to leave this board.
You're one of us now

>> No.29796358
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29796358

>>29796081
Nah, I learned that there's no way to predict this market and the sell off recently is stronger than the past ones and it'll likely just go down further. I'm already on top, much higher than anyone else I know. I could've cashed out $1.1M, and I didn't. Sad to say but maybe this $200K is something I'd envy in the future if I keep holding it as it goes down further. I'd want to die if I hit like $20K.
>>29796090
Not this time man, this shit's unhealthy and I spent way too much time watching charts and now I have essentially SOMETHING to show for it. Quitting while ahead for once.
>>29796284
I've been on here since 2015, two market cycles. It's time to give it up, at least for me. Best of luck. Just enjoying this one last thread before making dinner, and watching a movie with my girlfriend.

>> No.29796382
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29796382

>>29796029
What we're you holding anon? I am extremely smart and will tell you wether it was worth selling which it probably wasn't

>> No.29796412

>>29796029
Bullish

>> No.29796476

>>29796029
No shame in that anon, good luck with your future endeavors.

>> No.29796544
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29796544

>> No.29796585
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29796585

>>29796029
You're here forever.
See you tomorrow faggot.

>> No.29796623

i lost over 50k in unrealized profits this week. i feel sick to my stomach because i just needed about 30k more to afford a condo and so i held too long and now i can't afford anything in my city. i pray to god we have one relief rally so i can get out of everything i feel so suicidal right now.

>> No.29796754

If you get to 1m you're retarded if you dont atleast liquidate half

>> No.29796904

>>29796382
It's changed over the years but mostly just Bitcoin and ETH. Some leveraged, some shitcoins, airdrops. All that.
The feeling of being over a million during Christmas made me feel like I really won the game, but in reality, I fucking (almost lost). Just trying to channel anyone else here that's feeling that way. Could've done what everyone makes fun of, just putting it in dividends. Now I've got essentially what most people only dream of, no rent. Not horrible.
>>29796476
Not feeling shamed, just so fucking tired of watching it go up and down and the market manipulation. Whales run this show and I happened to not get absolutely screwed. I held during the last bear market and it was bad enough. I never want to feel those depressing feelings FOR THREE YEARS ever again.
>>29796623
>i lost over 50k in unrealized profits this week
I lost over $340,000. It never really gets easier.
>>29796754
>you're retarded
Sounds like you have no idea how drunk with power you'll become. It's extremely hard to think that way when you're in the middle of it. What if it doubled from there? What if we went straight to $400K?
I would have had tens of millions, when that's on the table, it's very, very hard to look away. You'll get there. Just remember the tone of my words here.

>> No.29797856

>>29796904
It's funny reading your thread, OP.
I'm brazilian and made about 5K USD this run, pulled out yesterday. Yeah I may be nothing for you guys but multiply that by 5.5 and you'll understand.
I just gave away my old RX 480 to some kid who wanted to buy it. I went to this house to sell it and just felt bad for how poor his family was. When his father was handing me the money something came over me, I just couldn't take it. I gave the card away.
This poor fucking kid just wanted a video card to play some videogames, and I just bought an RTX 3070. His dad took money from god knows where just to see his kid happy. Took me back to being 15 wanting a 8800 GT but I was too poor to afford it.
That money meant nothing to me, but that card meant everything to that kid.

>> No.29797944

>>29797856
Right in the feels, anon
That kid probably feels like god now

>> No.29797955

>>29796029
Couldve held all your coins and feels at the same time if it werent because of you and your visits to this autism-infested shitboard

>> No.29798096

>>29796358
good riddance pussy

>> No.29798427

>>29797856
NIce man, that's what being a human is all about!
Perhaps he will do the same some day.

>> No.29798529

bro you just have to wait like 1-2 more years at a maximum

>> No.29798592

I refuse to believe all you 6-7 figure people are this easy to fud into selling....

Did you all just start with Crypto in March 2020 or something?

Your 1M that is now $200K will be 2M by the end of this year

>> No.29798600

>>29798529
even stick in 20k , you'll get another 200k back, just want u to make the most fren

>> No.29798604

>>29796029
How the fuck did you fall from 1.1m to 200k?

>> No.29798657

>>29796904
Godspeed anon. I've been at $2.4 mm recently and now at $1.8 and I am starting to wonder whether I should have sold.

Ah well, I am emotionally not that involved that it causes me to sleep bad, and I've been in crypto since 2013, so I got used to it.

Truth is that money isn't even why I am here, I just have married my coins. It's dumb, I know.

>> No.29798694

>>29797856
I would steal the money and not give them shit

>> No.29798707

>>29797856
fuck you i didnt come into this thread to cry, now i have to watch some manly stuff on youtube

>> No.29798711

>>29798604
Must have played on leverage or went hard into brutal shitcoins. Must would be up vs. Christmas.

>> No.29798760

>>29796358
>>29796029
1. Youre a retarded faggot for not employing a profit taking strategy
2. kys

>> No.29798778

>>29796029
>200k to 1 mil
>didn’t pull out

LOL poor forever

>> No.29798779

>>29797856

nice bro, just don't spend the money on whores

>> No.29798782

>>29798604
probably was mostly invested in uni/cake tokens

>> No.29798783
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29798783

>>29797856

>> No.29798841

>>29797856
Based.

>> No.29798891

>>29798604
this. All in in Asko maybe ? But then you kinda deserved it

>> No.29798936

>>29796090
thank you for the laugh anon

>> No.29798948

>>29798657
Once in a lifetime advice:
pull out and enjoy life you piece of shit

>> No.29798989 [DELETED] 

wow, who told you about these alts? This is trash dude, don’t believe those niggers
if you wanna get profit use your IQ and follow yield farming
I took part in metalex and they made a new system, a guarantee of 300% APY

>> No.29799063

>>29798948
Why? I love shitcoining. I have social anxiety and exactly one friend and he's not even close.

I like coins more than people. I am enjoying life, not too much but visiting clubs would not make me happy either.

>> No.29799069

''They'' will pass a legislation and/or regulation in favor of the banks.
''Your'' crypto will become border line illegal because you put "Their'' printed and controlled money ''Out'' of ''Their'' Economy.

They can do it and they will. Their drones are shorting and playing with your money before ''They'' burn your wallets.

This will be the story of crypto. CAP THIS.
DO NOT EVER SAY I DIDN'T WARN YOU.

Don't fucking ask me when it can me in June or October, this depends on the secret society meetings and bank owner meetings, but one thing is sure... their roots are deep and your crypto is BANNABLE.

I sold bye.

>> No.29799199

>>29796623

What are you stressing about? It will definitely go up. Be patient

>> No.29799246

>>29799063
So not doing crypto is going to clubs? There is a whole horizon in between you don't even know of.
I have many hobbies, interests, work etc. there is more than some stupid coins. Just take it easy and slowly
discover what other things you find interesting. Maybe chess? Or fixing up an old timer, who knows.
Just telling you the truth mate.

>> No.29799275

>>29796623
This is why Bill Gates said '' Don't Play With Crypto''

>> No.29799312

>>29799069
ok yeah WEF are working with blockchain and LINK for the laugh

Stay poor you fucking deluded retard

>> No.29799336

>>29799246
>I have many hobbies, interests, work etc. there is more than some stupid coins
Well, I don't. My hobby is shitcoining. Now, if you please, get out of the sunlight.

>> No.29799388
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29799388

>>29796029
miss u alrdy

>> No.29799441

>>29799312
I am not poor I held 4 BTC that were given to me for free since It was less then $3000.
I even wanted to sell them at $55k but it boomed to 56k+ and silly me I was like yeah we gonna go 100k but I realized that this is a dream.
I am happy that I sold.
I have enough money for used BMW m3, a lot of gas money and a lot of holiday money.

BYE

>> No.29799480

>>29799336
Well ask yourself, have you tried to find other things you like?

>> No.29799532

>>29796412
Extremely. He claims to be here since 2015 but gets shaken out by a less than 30% dip in btc? He was never going to make it.

But this is all a larp anyways. Remember, sage goes in ALL fields.

>> No.29799548

>>29796029
200k?
So like, not that much money?
If true.. anon, you failed the game.
The point is to never sell and use collateral loans of you need fiat.
It was simple.
It was always this simple.
HODL.

>> No.29799572

>>29796029
Market drops 20-25%, anon loses 3/4 of his portfolio lmao

>> No.29799612

>>29799480
This dude has told you more than once that he doesn't give a shit about any of the faggot shit you hold dear and he likes sitting around and jerking off to his shitcoins
Don't you have some waging to do or something, leave

>> No.29799629

>>29799441
>I have enough money for used BMW m3, a lot of gas money and a lot of holiday money.
>I just wanted a a used car.
loser
>>29799572
Indeed.
Larp.

>> No.29799635

>>29799441
dont care just shut the fuck up

>> No.29799714

>>29796029
Not a bad demoralization thread. Keep these up, I’d like to keep Reddit off the scene a few more months

>> No.29799791

LARP
A
R
P

>> No.29799831

>>29799791
how do you loose 80% this cycle? Im out 25% but not 80%. Sounds like bull shit.

>> No.29799911

>>29796029
CLF tranny is that you?

>> No.29799921

>>29797856
tears in my eyes

>> No.29799986

>>29796029
This is a fucking larp. He wants to make us sell so prices go down so he can buy cheap.

His portfolio went down from 1.1m to 200k because of a 20% dip? Also if he really was here since 2015 he would be rich as fuck. I mean bitcoin did a 17x and other coins like litecoin did a 100x. Also he would know that the bull run is in the middle. The top will be in in a few months.

>> No.29799994

>>29799911
it must be him
he tweaked the numbers a bit to make it not so obvious

>> No.29800041

>>29799480
Yes, I used to love coding but I've done that for so long that it's taken the fun out of it. Also my day job.

Apart from that, I am probably just boring, IDK. I know I don't care for art, making music, traveling the world or any other form of self-actualization. I don't want to help out in a homeless shelter or do some other charity work. I was mobbed at school and simply don't trust others.

If I make it to $5 mm, I'll cash out and buy myself a nice house and NEET there for the rest of my life. No further ideas. Maybe I'll put back $1 mm during the next bear market to see whether escaping 7-figure hell is any different.

>> No.29800054

>>29799994
Kek I hope he kills himself.

>> No.29800126

>>29799612
Love you, anon. Thanks for fending for me, makes me tear up inside.

I'll never understand normies.

>> No.29800167
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29800167

>>29798657
Relatable, once the “dips” themselves become life changing $ to your folio it gets tougher

>> No.29800179

>>29796029
>didn't hold
what the fuck is wrong with you?

>> No.29800219

OP I need a rundown on specifics on how you managed to lose that much in unrealized gains since Christmas. I had 170k on Christmas and I'm at 240k now. It was $330k less than 2 weeks ago. Like yeah I got fucked by not selling piece of shit ethereum at 2k like my gut said but how did you possibly go down that much unless you held a coin that mooned hard and never sold?

>> No.29800246
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29800246

>>29797856
Incredibly based

>> No.29800297
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29800297

>>29797856
We’re all gonna make it bros

>> No.29800338

>>29796029
bro you sold dripple bottom on massive bullish divergence and decreasing volume that formed dragon pattern that just happened to be bullish a harmonics on 4h timescale
let that sink in

>> No.29800406

>>29800219
If I had to guess, OP either went farming and got rugged or played the market on leverage. Everything else is still way up from Dec.

>> No.29800470

>>29798694
and youll die alone and broken.

>> No.29800536

>>29796029
loser

>> No.29800574

>>29796358
This is a very predictable market.
>UH time to give up
You don't really want to make it.

>> No.29800626

>>29796029
This is a bear trap. You are going to want to rope in a month

>> No.29800649

>>29799986
I mean don’t completely spoon feed my man the fear and panic sellers are a good thing.

>> No.29800677 [DELETED] 

lmao
what are you waiting for?
still don’t know about fucking great Justliquidity??
>how dare are you? How can you use staking on erc?
Join top yield staking on Binance Smart Chain

>> No.29800685

>>29797856
You're a solid human being and should be proud of your accomplishment

Remember, we have to live like no one else so that one day we can live and GIVE like no one else

Bless up

>> No.29800697

>>29796029
nice larp
see you tomorrow

>> No.29800700

Imagine making that much only to sell the fucking bottom.

>> No.29800710
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29800710

>>29796029
Good boy.

>> No.29800762 [DELETED] 

Hey there any Christian brothers that may read this I’m in a really dark place and in dire straights my life is about to tumble backwards and praying for any help to someone who might see this, God bless you all for looking and God Bless America,
0x6611d41CDed08095371C9f5740b63F8D371706bB

>> No.29800763

>>29796029
e sold?

>> No.29800808

>>29796029
Post coins that u held or larp.

>> No.29800881

>>29800762
How desperate? I’ll send 1 LINK if you post a sharpie in the pooper + time stamp and write help on your left but cheek

>> No.29800913

demoralization larp bait kys

>> No.29800918

Also what another anon here said, WEF has pages about crypto/blockchain and even defi on their website. How it will democratize finances and all that. Blockchain is the 4th industrial revolution

>> No.29800926

well done OP, dont listen to these faggots

>> No.29800929

>>29796029
this post seems genuine. im new to biz and just a little more than a month ago i was never even thinking about crypto or investing. respect for keeping things in perspective

>> No.29800934

>>29796029
literally just invest in stonks, crypto is hyper-speculative gambling with unmatched volatility and stress to go with it. At least with stocks you can choose to leverage the fuck out of everything with options.

>inb4 but muh 1% dominate the stock market
yeah no shit, take a hint. Let me know the apex predators of wallstreet start moving on brapcoin

>> No.29800948

I'm holding everything until the next run

>> No.29800991

>>29800948
This run is not over yet

>> No.29801103

>>29800926
>>29800929

our vertical digits confirm

>> No.29801189

>>29798948

You do realize there is COVID going on at the moment. So all these faggot life enjoying things are off the table for a while. Your gay argument to pull out to enjoy life wont crash the market this time Bogg.

>> No.29801199

>>29797856
;(
Humbling moment

>> No.29801207

>>29798782
i doubt it, i'd expect him failing before reaching 1mil.

>> No.29801309

>>29796623
Lol I'm down 150k from the top

>> No.29801505

>>29798694
Bix nood retard.
Kys

>> No.29801579

>>29797856
instant classic wholesome post anon. well done

>> No.29801658

>>29797856
Based

>> No.29801743

>>29800167
who gives a fuck it's literally just money

>> No.29801785

>>29799480
Ffs let the cunt do what he wants

>> No.29801867

>>29800338
Meds

>> No.29802155
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29802155

>>29797856
Completamente baseado e hópiopillado.

>> No.29802265

>1mm go 200k

How tf do you manage this? My shit is mostly in alts and even they're averaging 26% dip over the last week

>> No.29802361

>>29796029
How the fuck are you down so much? I lost 40% and that is already among the worst I've seen.

What the actual fuck were you holding

>> No.29802426
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29802426

>>29796029
>2h ago
lmao

>> No.29802578

>>29802426
He sold?

>> No.29802691

>>29800167
I have to wonder this myself. Maybe I'm just autistic, but money means virtually nothing to me. I can see my portfolio cut in half and not care one bit. I have few expenses, a well paying job that could buy anything I could never need month to month to be comfortable, (which isn't much), I have no grand aspirations for wop sports cars or McMansions. I just want financial freedom, and I'm willing and able to wait as long as it takes.

>> No.29802704

Your stupid we have 4 months left in the bull run

>> No.29802771

>>29802691
Money means nothing to you because you already have it. Fuck off

>> No.29802828 [DELETED] 

>>29796029
Hey there any Christian brothers that may read this I’m in a really dark place and in dire straights my life is about to tumble backwards and praying for any help to someone who might see this, God bless you all for looking and God Bless America,
0x6611d41CDed08095371C9f5740b63F8D371706bB

>> No.29802909

>>29797856
I came for the pink wojaks.
I didn't need those feels.
>Was that kid

>> No.29802931

>>29799441
>enough money for used BMW m3

Holy fuck you're going to kill yourself in 10 years.

>> No.29803007

you sold the bottom lmao

>> No.29803050

>>29802691
That's the thing, if you do not really care that much, you won't react emotionally and panic. I survived the 2013 - 2016 bear market, the 2018 - 2020 bear market and used them as a buying oppt. Now we are half-way into a bull market and all you have to do is start selling in increments from July till October to pull out 6 to 7 figs.

Those who want to buy a Lambo till next year the latest, they will either sell to early or too late.

>> No.29803105

>>29802828
The lord helps those who helps themselves.

Mods ban this faggot begger.

>> No.29803182

>>29797856
you’re a good person

>> No.29803331

>>29802691
Meant to reply to: >>29801743

>>29802771
I can and have lived off basically minimum wage. It wouldn't be enough to invest regularly obviously, but I could make it work.

I have no vices, no debts, enjoy simple pleasures, pirate all media, and buy a lot of used and second hand.

Obviously people need a minimum amount of money to live off of. The fact that you can invest at all means you are in some position of financial privilege. All I suggest is anything beyond your monthly cash flow is ultimately superfluous if you aren't an extravagant consumerist. Any unrealized losses become meaningless.

>> No.29803358

> ever selling

Now that I know I can make 6-8% on my crypto. Why the fuck would I ever sell? To get USD that inflating like a mother fucker?

Pay off a house ?????? WTF? Interest rates are like 3%. My BTC interest could make a free mortgage payment every month. Plus I can take out cheap loans against it if I need more capital.

WAKE THE FUCK UP POOR FAGS. Rich people never sell assets. They live off them.

>> No.29803361

>>29796904
>I would have had tens of millions, when that's on the table, it's very, very hard to look away. You'll get there. Just remember the tone of my words here.
This is good advice. Always take profits along the way, as boomer-ish as that sounds and also I never follow this advice and get fucked every time. Provided the global market doesn't crash, I think things will continue to pump and this is just one of many intermediate trend dips on a primary uptrend. Thanks for the input OP and for sharing your experience.

>> No.29803482

>>29803050
I’ve survived the great bear of 2018-2020 anon, my emotions are well in check. That said I’m waiting for 5k eth to cash out half my crypto cause that’ll be 8 digits for me

>> No.29803755
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29803755

>>29796029

>> No.29803807

>>29800338
sounds like astrology to me pal

>> No.29803839

>>29802426
>EE SAULD???

>> No.29803871

>>29796358
Cashed out at 200k
NGMI

>> No.29803961

>>29803358
what do you mean? are you taking loans that *could* be covered by your assets if you were to sell? But how do you ensure markets are not crashing? that could spell ur financial ruin brother

>> No.29804015

>>29796029
> Sold his portfolio at 1/5 it's peak at the first dip of the bull run.

Somebody post the suicide hotline for this poor man so he has it next month

>> No.29804123

>>29796358
You ratted on your friends to the enemy fuck you

>> No.29804135

>>29796623
Sell and panic buy the top.

>> No.29804233

>>29803961
Im just saying if me or my business gets cash crunched. I can take a loan against my crypto and pay it back without liquidating it and pay taxes.

>> No.29804298

>>29797856
Thank you

>> No.29804509

>>29796029
>$1.1M
nigga you didn't take any profits when you were up a million fucking dollars?!

>> No.29804520

>>29797856
REAL HUMAN BEAN <33

>> No.29804540

>>29804015
I made the same mistake in 2017. In June when BTC hit $2800 my stack became worth $500k. Then a few weeks later the market crashed like 35%. Decided to just call it quits and sell my BTC for $325k when the price hit 1800.
Had I just waited 5 months those same Bitcoins would have been worth more than $3 million.

Never sell your whole stack.

>> No.29804733

>>29804233
Anon i have difficulty understanding abstract financial fuckery but are you saying you never touch your crypto and you loan against them so how exactly are you paying back the loans? basically never?

>> No.29804753

>>29796623
Lol I have no job, no skills, i'm down maybe 40k unrealized gains this week and I feel nothing. Do you know why? Because my autism is telling me we are nowhere near the top. I hope you get your relief rally I guess.

>> No.29804935
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29804935

JUST KIDDING YOU FUCKING IDIOTS
NEVER
FUCKING
SELLING

>> No.29804990

>>29802426
thank you for your sacrifice, OP

>> No.29805021

>>29797856
You did good anon

>> No.29805069

im such a smooth brain someone shoot me in the head quickly

>> No.29805391
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29805391

>>29804935

>> No.29805599

>>29804733

Yes you never liquidate your assets. If you need capital, just borrow against them to expand your acquisition of more assets that produce more cashflow.

>> No.29805637
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29805637

>>29804935

>> No.29805706
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29805706

>>29804935
Based.

>> No.29805990

kys.

>> No.29806046
File: 152 KB, 220x138, tenor.gif [View same] [iqdb] [saucenao] [google]
29806046

>>29804935
based.

>> No.29806307

>>29804935
Classic. Never change anon...

>> No.29806311
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29806311

>>29805599
Oh wow, I think I'm picking up you're putting down anon. I can actually get loans with few decimals % of interest in my country. I'll consider pulling €10k and dollar cost average across promising shitcoins. thanks for the qrd

>> No.29806354
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29806354

>>29804935

>> No.29806364

>>29804135
This guy gets it

>> No.29806402

>>29806311
Be careful with debt though....good luck

>> No.29806431

>>29803358
Don't even bother. Poors will literally never understand

>> No.29806471

>>29799063
Are you me?

>> No.29806980

>>29797856
you are a saint
the kid is smiling

>> No.29807060
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29807060

>>29796029
>$1,000,000
>$200,000
This is mathematically impossible in this market. Unless you’ve been here since 2017 or earlier, gyyyyyyyiiiiiitttttt the fuck outta here

>> No.29807067

>>29797856
did you reformat it? Doesn't mining make them almost useless for gaming? anyway dicks out to you. I'm ngmi because im a stupid donator.
I could've owned many eths if I was more patient to donate.
>doesnt own a bitcoin
>link stacklet

>> No.29807557

>>29797856
Love you anon.
When we make it we should all take a page out of his book and be more generous

>> No.29807841

>>29797856
You are a good man. Based

>> No.29808112

>>29797856
King

>> No.29808131

>>29799986
>Also if he really was here since 2015 he would be rich as fuck
That is not true
t. here since 2013

>> No.29808230

>>29797856

BASED. You rock man. Doing good is the only thing that makes life worth living.

>> No.29808302

You’ll be back.

>> No.29808410

>>29804935
Now THIS is a good twist
Quality shit anon

>> No.29809626 [DELETED] 

Op is just larping. Either that or hes having fun staying poor.

>> No.29809648

>>29797856
great job fren