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Archived threads in /biz/ - Business & Finance - 5442. page

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So back in 2014 I purchased 2 BTC for $1,100 and until recently I started trading on polo and I accumulated a total of around $6k I have taxes I have to pay about 6k in total and I have no mun muns I don't want to sell because I know there is a lot of potential in holding but I needs it. I'm afraid of living I'm a piece of shit I want to burn! Any advice anons?
6 posts and 1 images submitted.
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get another job to pay your taxes niqqua. If you ain't working 70 hours a week as a PO' boy you gotta. Save that shit and your future self will be incredibly grateful you didn't take a short cut.
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>>2038134
I have 3 businesses that I'm working on building up but its being stalled because of this gayboi stuff I want to be able to grow it as fast as possible to use that income to pay off my debts but its obviously risky as it may not give the results i'm hoping they would. Currently they bring in about $500 a week and I know I can grow it faster but obviously need the capital. I should kiss bois for a dollar or something iono.
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>>2038149
well just take some time to calibrate and calculate whether dropping one would benefit the others more to the point where you'd make more with 2 than 3. I am sure you can handle 3 though, sounds like a tough job. Honestly with the way BTC looks it could plummet but odds are that it will hit $1800 or higher in the next half year if not sooner. Loans, credit cards, try and cut your immediate expenses to a minimum and load up on debt I guess and maybe sell like 30% of your BTC. Don't do all of it, just the minimum of what you need. Best of luck

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>tfw almost fell for a literal scam today

I'm normally immune to bullshit like that, but my greed blinded me.

Be careful out there anons
18 posts and 3 images submitted.
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>>2038043
Tell us more, what kind of scam?
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What was it?

Crypto , get Erich quick scheme , ponzi?
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>>2038045
POSW probably

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Is it time to sell eth?
18 posts and 5 images submitted.
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>>2038000
No, but it's time for you to stop posting.
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Yes, there are better deals out there like XBY and POSW.
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Frutata

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Move over Ethereum and Bitcoin, Tezos has come to replace you.

Tezos is:

1. Backed by a BILLIONAIRE, yes that's right. BILLIONAIRE Tim Draper.

2. It has real on-chain decentralized governance. They can upgrade the entire protocol without hard forks.

3. They support smart-contracts with a functional, statically typed language which they design specifically for formal verification

4. They're starting with a delegated proof-of-stake consensus model.

5. The technology here is going to set the standards for years to come, all other coins will become PoS tier (Piece of Shit).

The coin will be available for purchase soon.

https://www.tezos.com/

Are you going to board the train, or are you going to be left behind? You have 15 days left to decide.
21 posts and 2 images submitted.
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Don't post about this one again please, we can pump it after ICO
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>>2038005
can you buy coins now, what's the expected ICO price and what will it eventually get to?
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>>2038070
No, no, and no

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Is having a wife worth the investment?
13 posts and 2 images submitted.
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>>2037961
No.
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>>2037961
If she makes around the same amount of money as you, studies have shown couples accumulate wealth at a quicker rate than single people.

However, should it end up in a divorce, studies show that majority of people are unable to recover from that and the earnings of a single person outdo a divorced person.
>>
>>2037961
I'm married. My wife is unemployed but frugal.

It's like having a maid. I budget her per month and she knows her budget so there isn't any problem. Tax breaks are good.

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Not saying it will happen but what would you do if the crypto market completely crashed? Down 90% or so?
12 posts and 2 images submitted.
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>>2037908
you ever heard of the beautiful south song... carry on regardless?
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>>2037908
>think about killing myself
>double down and buy a fuck ton more
>try not to kill myself
>cry myself to sleep

So yeah nothing actually really changes for me.
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>>2037908
I would remind myself of the time ETH dumped hard after the DAO hack, the time bitcoin went from 1200+ to 200, the time XMR went from $15 to $4. All of them came back stronger, and I have no reason to think that would not happen again.

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Dammit...the Yanks had $TRUMP, and even the frogs had $LEPEN and $MCR...where is May Pay? Corbyn Coin? General Electcoin 2017?

I've got good BTC to drop on this shit...shut up and take my money!
7 posts and 3 images submitted.
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It's a boring election with no sensational leaders.

May wins in landslide and we stay the current course. Corbyn kills labour. UKIP loose everything because they've already achieved their manifesto vicariously and Lib dem's stay becalmed in the middle of the "who?" ocean.

Nobody worth making a namecoin for. The election is already won.
>>
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>>2037899
>Nobody worth making a namecoin for.
The milkman...
>>
>>2037899
BorisBond?

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I'm seriously considering taking out all my investments from mutual funds (paltry 12% return, with highest risk portfolio) and putting it into crypto.

On one hand, crypto IS the future and nothing will change that.
On the other hand, what could occur between now and 20 years in crypto, a catastrophe or a massive boom?

Talk me into/out of it. I'm so conflicted.

( /pol/ told me to NOT ask here, i'd like to hear the other side )
7 posts and 2 images submitted.
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>>2037862
If you want little risk invest in ETH and BTC. If you want to ride the dragon buy shitcoins.
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>>2037862
>what could occur between now and 20 years in crypto, a catastrophe or a massive boom?

If you invest in the correct cryptocurrencies...both of these occurrences are catered for sufficiently
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>>2037862
Why not just some of your investments from mutual funds and put them in crypto? It doesn't have to be all or nothing.

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There is a new cryptocurrency

Not PoS and not PoW either... that nobody has seen yet.

Its XBY PoSign... if this coin make true on the statements its made can you not see that it will destroy bitcoin and all the altcoins surrounding it!
FACT

Why are you not investing at the very very least 10% of your portfolio into this new coin anon?

Even if its just based on its potential?
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>>2037858
>Why not 10%
Because I went full madman and picked up over a million
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>>2037881
You will be a god one day my fine sir
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>>2037858
>>2037923
Pure fucking shill, not even trying to hide it either

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So this guy is racking up money spinning a fidget spinner for 24 hours straight on a YouTube live stream. He has now 1 mln followers.
Why didn't you came up with this idea, /biz/?
6 posts and 1 images submitted.
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People make money over the most bizarre shit.

Soon we are gonna see people get paid to take a shit on camera
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>>2037883
Uh, scat porn has existed for a while.
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Because I don't know what a fidget spinner is

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How the fuck are you fellow INTPs making money? My wagecuck job is mind numbingly boring., I don't feel challenged at all. (sales)
8 posts and 1 images submitted.
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Find something legitimately difficult that nobody can give you any help with and hold yourself to a higher standard than anybody else.

It's why I do Community Theatre.
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>>2037823

Go into software development and specialize in something. Get a job in that something and then work your way up. It's more difficult to replace people with specialized skills so you'll be more likely to get raises and not get fired.
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>>2037823

Bet all your money on CFDs

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I'm a professor of Finance & Economics.

I was doing research until I noticed that Sweden only provides stock market data only up to 2003, which is very weird.

I pulled up every other Scandinavian country, and it seems they also lack data on their stock exchanges (particularly, the market cap. of their stock markets in comparison to GDP).

The only exception is Norway.

Did I miss some happening?
17 posts and 4 images submitted.
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>>2037813
Stock markets are Haram. Reporting on them is extra haram... Dare I say, they're almost Jewish.
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They shut the stock market down so they could use the building as refugee housing.
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>>2037813
Sweden dropped the stock market statistics in favor of the new Diversity Rating™ system.
All you need to know about this market is the more refugees and rapes there are, the better the economy.
They're doing alright judging by latest stats.

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>fell for the dropshipping meme about 3 months ago
>Now have a decent income
>I can invest in crypto
>Quit my wageslave minumum wage job

thanks /biz/
7 posts and 2 images submitted.
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>>2037790
do you think luck was a large factor, or do you think that you made it right?
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How did you go from 0 to what you make now from droppshipping?
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>>2037802
I invested quite a bit on advertisements, I'm not going to pretend I make 6 figures or anything like that. I don't, But I make a lot more than my soul crushing minimum wage job, and this is something I actually enjoy. Feeling pretty happy right now and motivated.

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BUY BUY BUY
22 posts and 4 images submitted.
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why?
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>>2037771
scam
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>>2037776
Have fun being poor.

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I make ~$500 /wk after taxes doing construction. Very little. Should I put my leftovers into a S&P 500 index fund on fidelity with $2500 minimum investment?
11 posts and 1 images submitted.
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sure shove it into index funds, and you might turn a million dollar profit the day before you die of cancer

if you want to be a millionaire and actually live to use it, buy crypto

buy eth
>>
> Wait for big stock crash
> Buy shorts.

> WIN WIN WIN
>>
Go to tradeschool instead

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