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Archived threads in /biz/ - Business & Finance - 5628. page

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Has anyone ever tried having a position on every single type of coin on Poloniex or other exchanges? For example I have 10 BTC on Polo right now. So I have 12000 dollars roughly to split between all 70-something coins. Every few weeks there seems to be a random shitcoin that goes +1000% or so for seemingly no reason for a day or so. You would never be able to guess what coin this would be, but if I have a position in all of them I am pretty much guaranteed to make at least $150k from the 150 originally invested into the one of the coins eventually, unless you believe there will never be another shitcoin that people pump for no reason. What does everyone think about this plan?
9 posts and 1 images submitted.
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>>1962990
Orrr you could learn to predict which coin will moon by simply following latest developments on forums, twitter & fb.
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>>1963000
Yes but there are times when a coin will skyrocket from whales pumping it for no reason, etc. For example a few weeks ago XBC went +2000% in one day for no discernible reason. There was no new developments on it, it was a dead coin until chinese miners or whoever decided to pump it. There is no way to know before hand when something like that will happen. If had $150 in it I would have $300000 right now. And every few months or so something like this seems to happen.
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What forums and twitter handles do you recommend anon?

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I need money to disappear fast, what's the best investment to loose money. I can't just make a large purchase of something expensive either
23 posts and 3 images submitted.
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What is the purposes?
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I'll take it if you don't want it
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>>1962945
Dump it all into forex. No sell limit. Short gold or something and let your margin run out 1:1. Poof gone in a matter of days

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im thinking of going back to school for my MBA

currently working in audit (no CPA), and i dont like it very much truth be told, and im interested in RE investing

1. is an MBA worth it?
2. is an MBA with a real estate focus a good idea?

any advices on the topic of MBA's and/or real estate careers would be appreciated (im in NYC btw)
9 posts and 2 images submitted.
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>he fell for the college meme
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>>1962922

It's 2017 and I'd say an MBA is rarely worth it.

I would ONLY get one if your employer will pay for some or all of it and the promise you'll get rewarded for having one.
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>>1963015

But what if I need the MBA in order to break into my dream job of investment banking?

How do I start my own designer clothong brand? Pic related looks like shit but yet niggers shill out hundreds for the shit.
9 posts and 1 images submitted.
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you will fail just give up cuck
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>>1962888
No one ever won with that mindset
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Probably buy a kiosk at a mall or flea market

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TL;DR: Advice for online stockbrokers and what to invest in with almost no $$

I have a small amount of money, and I am hoping to use it to make more money. I don't know a good online broker, nor do I know any good penny stocks to invest in. With that being said, please help me /biz/.
6 posts and 1 images submitted.
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>>1962855

RH
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>>1962855
ETH

you're welcome
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>>1962855
>3.11 MB
why the fuck do people do this

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What the fuck with this stupid institution

Hi, I am a Mexican American that moved back to Mexico last year (trump). Yes I am 100% legal, don't worry I am still paying for the flyover states welfare.

So I am trying to file this year and not only am I paying $650 in the Individual Mandate penalty (no point in paying for insurance that does not cover me abroad) but last year I filed with an accountant that moved back to Mexico as well and I can't get in touch with him anymore.

Problem is that after I filled my taxes and all was done and paid (TurboTax) For some ultra stupid reason it asked me last year fucking AGI

Where the fuck did this come from? I can't get ahold of my accountant and my only other option seems to be to mail it. But I doubt I will be able to as I now live abroad.

Now what biz
14 posts and 1 images submitted.
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>>1962834
Renounce your citizenship if you don't like this country Paco.
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>>1962834

Get in contact with CPA, cause all we're going to do is shitpost. >>1962841 point made.
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>>1962841
Too expensive. Will you pay for it?

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OK /biz/ Im 22 years old and have 6k saved up.
Any recommendations for a low risk, decent reward investment to start off with?
8 posts and 2 images submitted.
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OP here, just a little more of a backstory.
Up until now I have basically been retarded with all of my earning.
Buying dumb shit I will never use.
So I decided I needed to start saving for the future.
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short gold
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>>1962768
Monitoring this thread

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Do you think that investing in the sex industry is worth it? Or is it a meme for horny investors to lose their money?
32 posts and 3 images submitted.
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What's your idea?
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>>1962712

Either starting a legal brothel or a company that makes plot with porn.
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>>1962676

oh yeah.

The person that can really get sexVR or sexbots going right is gonna make billions.

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>be genuinely rich
>occasionally hop on here to laugh at the rats scurrying to shill shitcoins and give shit financial advice like they know anything

Before you ask, yes I have zero ETH.
21 posts and 7 images submitted.
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>>1962627
I'm poor, give me money, so you can keep laughing at me while I keep shilling shitcoins.
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>>1962627

This is /biz/, we're allowed to be rats scurrying to the next best crypto pump, who can blame us.
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>>1962627
Then give us some knowledge for a change, since your so high and mighty

>some people on this board will trust this creepy ass looking motherfucker with their hard-earned cash
the bagholder tears are going to be amazing
26 posts and 9 images submitted.
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>1992
>>some people on this board will trust this creepy ass looking motherfucker with their hard-earned cash

stay poor
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>>1962621
There is something magical about him. The right kind of autist to trust with your life savings.
I trust him, why don't you?
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>>1962621
Thats exactly the kind of guy you should be trusting. Some chad in a suit will talk big game but not have a clue what he is doing.

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How hard is it to amortize the cost of decent quality drone with commercial photography?

I don't want to live off it, just make a few bucks.
Won't potential customers just buy their own drone?
8 posts and 1 images submitted.
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>>1962482

So I have a brother that does drone photography. He as a successful business, has done commercials, movies, footage for construction companies, etc...

I know pretty much everything about the industry. So whatever you need to know.

What I'll say for starters is the money is good, but not quite as good as it once was. At one point my brother was getting $5k to $10k for a single day of shooting. He was using a massive chopper that was flying a Red though.

Anyway you're probably looking at a DJI chopper and some lenses, gear, etc. You DEFINITELY need a 2 person operation. One person flies and the other operates the camera. You'll be looking at about $4k to $5k to get the chopper, camera gear, some business cards, and a website.

The first thing they will want is examples of your work. You need to frame the shot right, make sure your lenses and light settings are good, and that the shot is STEADY!

So you have a website and a demo reel you should be able to get going pretty fast.

You should start at like $500 a day and work up to $1k or $2k a day. Yes there are a lot of people doing it, but only a small portion are doing it really well. STEADY SHOTS with the right lens!

> Won't potential customers just buy their own drone?
Nope. First you need to know camera and shooting basics and you need to take a few weeks to learn how to handle the chopper. It's not something you figure out in an afternoon.

Be extra cautious, it's fucking easy to crash these things. And many birds that see it will try to attack it. So be cautious of that. Tap a powerline or tree branch and that $3k chopper is gonna fall to the earth and shatter.

My bro works in a 3 person team. One person flies, one shoots, and a 3rd just looks around keeps an eye on the shoot, because the other 2 people get tunnel vision.

Good luck.
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>>1962781
Very much appreciated information, thanks.

It makes sense that you need at least 2 people to run the production. You convinced me to do it right from the start. I will put the venture aside for now but will definitely keep your input in mind.

One niche that might not be as crowded is thermal imaging, especially here in Europe where there are environmental tax cuts for improved insulation. DJI sells a FLIR for its Inspire drone.

Thanks again.
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>>1962872

Good luck. It's a pretty simple business. As I said if you have other questions feel free to ask.

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Your boy CheapCoins here predicting another one. Today:

Litecoin round 2.

Litecoin is about to get segwit in less than 2 weeks, go all in inmediately.

Bitcoin will never get segwit, (it will never get the 95% hashrate required and UASF will never work) so low value transactions will be made on Litecoin. Bitcoin will remain the inmutable cryptogold, the crypto unit-of-value.

Lightning Network development will move on Litecoin as a result.

Coinbase adding Litecoin soon.

Expect $100 per LTC.
21 posts and 4 images submitted.
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>tfw only 10 ltc

I want to be rich bros


Also, be weary of chink manipulation. They hate segwit and will mess with the prices to try and hinder it's success.
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>>1962477
Indeed, chink mining whales will keep playing with investor's minds.

But they know that they can only stretch the cord so much until they make investor's lose hope on segwit. If they aren't suicidal, they will let segwit happen on segwit because the price will skyrocket.

Jihan must delay it just to keep stacking on further ASICs. But I believe it will activate on this period. Remember there are 2 extra weeks before it actually activates to give miners the time to upgrade.
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>>1962490
Once segwit passes, how high do you think this might go? Also, the whole coinbase thing, is this just rumors? I've seen no real inside info on this.

Literally, every single crypto coin or stock trading thread we have, we have to have some wagecuck coming in to spam something like 90% of stock traders fail and then flat out deny the existence of anyone making money of ceypto or stocks and call it the lottery. If people actually wanted to listen to them, why cant they have their own non trading general? Its literally off topic and keeps derailing every thread thats trying to be based around trading. I have no idea why they have to spam every single fucking thread with their bullshit, and why we cant just have a wagecuck general for them.
35 posts and 4 images submitted.
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>>1962379
I second this, wagecucks should have their own board called /watercoolerchat/ or something.

Hearing the kind of lives wagies live is just incredibly depressing and really ruins the entrepreneurial spirit of this board.
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>>1962379
>>1962398
You have your own board: it's called /r9k/
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>>1962464
> "Muh everyone who doesn't have a 9-5 office job like me is just a NEET who lives in his mothers basement"

I remember it hurt when I was a wagecuck and heard about the lives of self employed people. It's ok.

Being a wagecuck is like being a hooker, do it quietly because you need the money but don't make threads discussing the best way to wank off old men.

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A thread to discuss stock trading strategies.
6 posts and 1 images submitted.
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the only edge for retail is long term momentum/trend

google tactical asset allocation
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Always bet on what a hot asian girl is betting on
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Stock trading is for consolidating wealth

Not for building wealth

Unless you're a millionaire, don't waste your time.

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$11.85/hr , $1896/month

>$1050 rent (single room+bathroom, toilet and shower)(Water, electricity, heating included)
>~$200 food (mostly pasta, rice sometimes outside)
>$50 phone bill + tax (8gb data)
>$35 internet bill + tax (15 mbps, 300gb)

r8
73 posts and 6 images submitted.
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Get a room mate you are spending too much on rent
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>>1962169
That phone bill is ridiculous.
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>>1962181

This, it's more than my 3br mortgage and HOA fees put together.

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