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Archived threads in /biz/ - Business & Finance - 3382. page

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Get ready for a massive breakout 12th July. Protip: Huge uptrend due to conference in three days then. I already regret having a stop loss near the double bottom at 251k, sold at a 10% loss. But getting 100K DEEP in the next 2 days.
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this coin does seem to have some unusually strong support these past 2 or so weeks
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>>2748170
every single chart looks like that anon.

all of them.

which is more likely - every single one goes up, or everyone sells due to august 1st FUD?
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>>2748170
Where can you even buy ans?

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Post how you're feeling right now
23 posts and 10 images submitted.
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>oh no im only up 450% in three months
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>>2748070
Some of us didn't buy 3 months ago, unfortunately

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hey /biz/, got any general financial advice?
/adv/ is broken for me right now
>connection error

i have about 200k in cash from inheritance and insurance beneficiary (also inherited RRSPs/401k and TFSA/IRAs which are pretty much maxed). just looking for steady investment to try to keep pace with inflation. thought about real estate or REITs but the market here is going to shit apparently (Toronto, Canada) and i don't want the headaches of being a landlord. im not opposed to moving but i can't until i finish school which won't be for a couple years.

i also have a townhouse but it's pretty run down so i'd have to put in easily 20-50k to renovate it for move or sell. i've considered just selling as is because its in a good neighborhood close to all the things but idk and i don't want to buy another house here so i'd have to rent till i finish school.
13 posts and 2 images submitted.
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>>2748054
there literally are vehicles to protect against inflation

TIPS (treasury inflation protected securities)

there is good data to support the idea of a bubble in canadian real estate

there are also good data to support the idea of a bubble in equities

i would keep some cash on hand whatever you do, may be buying opportunities coming up
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>>2748054

and why not REITs? You put 200k into a basket of dividend paying REITs you can expect 18k/year pretax cashflow to help with your neet lifestyle

Isn't that what you want, Anon? To live that trust fund life?
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>>2748054
gtfo normie

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How does it feel seeing your magic internet coin value vanish in front of your eyes?

Tell me more how 100 Billion USD is not OVERVALUED AS FUCK for some virtual meme market.

LOOOOL.

While you are getting cucked hard and waiting for total coin market cap to drop to $10 billion where it should be Chad is making actual money by savvy businesses and smart investments.
43 posts and 5 images submitted.
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>Chad
Thread hidden.
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>>2748038
>How does it feel?
Feels like 4x my initial investment in just 2 months time.
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>>2748080
COPE you are losing money AS WE SPEAK

it will soon return to 10$ billion and you will cry to mommy

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>bought all BTC at $2.990

>bought all ETH at $400

Fuck. And it's never coming back up.
22 posts and 4 images submitted.
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>>2747956
Scammed for lyfe. *Tips fedora*
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>>2747956
you helped fund someone else's lambo though, so you can feel good about that
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>>2747991

But I want a lambo.

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How the fuck does a billionaire die so young? Was he a low key retard?
29 posts and 4 images submitted.
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Lifestyle?
Genetics?

We're not in a sci-fi movie, appreciable life extension is not currently technologically possible regardless of financial might.
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probably just had some bad luck
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He had autism

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100 hours until ANS Conference announces partnership with Microsoft and Alibaba confirmed!

INB4 nice 100k!
This is a official meme free thread if you post memes you will (I repeat) YOU WILL be IP banned from /biz/
46 posts and 3 images submitted.
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Nice, I just bought 100k.
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>>2747863
nice OP I just bought 100k
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Confirmed where?

ANS not doing too well today, and for some reason has been below Yunbi's price for a few days now.

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Any semi whales with at least 100+ ETH still hodling in their portfolio? What are your moves. Sell ?
57 posts and 2 images submitted.
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>>2747825
I am.

My plan is actually to just hold until March of next year.

I can't imagine why you'd sell now, given that we're so extremely oversold and every expert and technical analyst is saying to "buy" now.

Maybe you'd make a few extra bips selling and buying slightly lower now but the risk/reward for timing that just doesn't add up.

Now is the time to hold and wait until March of next year. Just sit and wait.
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>>2747855
appreciate the reassurance, I'm not selling now it's too low. I did however buy in at $20, but the goy in me tells me to hold. Do you think this bear market will continue up untill aug 1st?
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I'm poor so don't berate me.
I have 37 ETH. 7 ETH are on a 5xs long from 10 days ago. It's going to cost me 2 ETH to close at this current price. What should I'd o and please don't tell me how dumb I am as I already know.

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Who else down from initial investment?
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>>2747802
Lol.

I'm still up 4x from my initial investment and I'm holding.

It would have been 6x, but we can't all be that lucky I guess.
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>>2747802
kek still 12x up wagecuck
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>>2747802
I told go fuck dog for good luck.
No listen no profit.
My culture fuck dog get good luck.
High profit I many times.

Shorting Eth EDITION
34 posts and 8 images submitted.
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>>2747782
No point shorting now you dumbfuck
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>>2747782
Lol if that's your short, at this point close your position and go long. You'll make off like a bandit off these weak hands.
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>>2747782
>shorting when it's low
>buying when it's higj

PinkWojak.jpg

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ETH SUB $210
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the pain has only begun

people thought it was just a correction

now they realize its over
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EVERYONE PANIC
*jew meme wringing hands*
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If you sold at $210 I have no sympathy for you.

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Don't sell LTC.
Chinks will save us from from crypto disaster.
Screencap this post.
38 posts and 10 images submitted.
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I'm buying based on yuan chart

Love buying when everyone is hurting. Feels right
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>>2747661
August 1rst literally everything will be recovering except LTC, which will tank back down to $4.00.

Why the fuck would you buy this?
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>>2748044
because a) what everyone knows will happen never happens and b) always do the opposite of what /biz/ says

ltc is here to stay, it might dip on aug 1st but i even doubt that

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Is it too late to sell now? It's going back up today right?
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hope so, I'm going crazy right now lost like 50k but I'm holding
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>>2747671
Oh jeez I lost 15k but I'm still up from my initial investment so if it falls under that I'm fuckin o.u.t
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>>2747632
were at the bottom

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I just wanted to say welcome to the club. Some of you probably made out like bandits form the crypto ponzi and are thinking, wow I have never seen so much money in my life, whether it is 6 figures or 7 figures and wanted to know what life is after you cash out.

I am here to introduce you to this bottom rung of upper middle class life. Say you got lucky and made half a million after taxes are sorted out, what can you do with that money? Surely you want to move out of your parent's basement and live your life more fully?

Well, tier 1 cities such as new york and san francisco where a dilapidated studio costs 2 million is probably too much, how about tier 2 cities? like LA, NOVA, Boston, San Diego, Dallas, Denver, Seattle? Surely these mid-income professional cities with a healthy restaurant and social scene could give you a new start? Not so fast, houses in a good neighborhood in this area cost upwards of 1-1.5 million and townhouse close to 800-900k, which required 200-300k in downpayment alone.
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>>2747471
Bought a second home in miami at 550k. Crypto gave me the down, i rent it and pay it off now. Feels good.
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Say you opt for a fancier townhouse, and including closing costs now just got yourself into real estate in a city, congrats, there goes half of your gains. With your remaining 300k, surely you need to reserve some for retirement, there goes another 100k. 200k still sounds like a lot of money, some of you may think you can now buy your lambo, but wait.
You only bought 20% of a house, your mortgage payment/property tax/insurance will be running close to 4k/month. You want to dine out to treat yourself once a while, there goes another 1k. Forget about a lambo, just do a 5 year loan on your BMW will be close to 700/month. Great you need to clear 6k post tax just to afford this lifestyle, or somewhere around 120-130k/year in pre-tax income. Say you have a engineering background and already make this much, don't ever plan to spend on vacation or anything else if you ever plan on having kids. Child daycare is close to 2k/month and then all the diapers, babysitter, stroller costs start adding up. What if you have a 300k household income because both you and your wife are top tier lawyers. One of your paychecks is eaten up from rent/food/car and another is eaten up by 401k matching and child expenses. That 500k was helpful in getting your life started in upper middle class but it is just dipping your toes.
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Got out of the scam with 95k profit

Kind of sad the bubble popped so soon. I blame the bancor Jews.

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This board sucks so bad lol. Everyone is so emotional and only makes decisions based on emotions, no wonder half of you lose money if you let biztards affect your trading. I come here to find news on latest coins and I mostly just see emotional traders who are bound to lose money. Anyone who makes bank here is actually smart and using newfag emotions against them.
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>>2747448
>no replies in your shit thread

Sage
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This. I just come here for the memes.

Anyone who uses this board to learn something should be poor.
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>>2747448
It's been almost a month since all the threads are people crying on how bad they fucked up or some shit eating pajeet shilling a shitcoin.
Also was here for memes and for the random good thread. Right now I mostly lurk and check what is /biz/ shilling to stay away or if it looks like they are doing a pump and dump on something I already own

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