Guys Let's All Get Rich - Are You Ready?

[JeanLucBB]

I just need to wake up on December 8th 2018 already so I can retire, buy a nice Melbourne pad and f*** 20 sloots.

 

[IdealForehead]

On the exchanges I use my dads portfolio is swinging back and forth more than 40 grand in the space of an hour. Madness.

I can't think of anything but crypto and all my friends are bugging me about it too now and I feel somewhat responsible for their cluelessness too.

I need a job too but how the f*** can I get myself incentive to get one when I'm making more than a years salary in like two f*****g months.

The problem with working in investments full time is exactly what you're experiencing now. It's exhausting and mentally and emotionally draining.

The people who tend to be happiest in this type of thing long term are people with a hardcore gambling type personality - usually with substance abuse issues - hard drinkers, coke users, etc. They love the rush, and they don't care if they get burned, because they always believe it will work out in the end.

I couldn't do it. The only types of investments I can make that don't stress me out are 5-10 year ones. And if that's what you're doing here, then you just need to relax and have faith it will work out in the long run. I expect BTC will be six-seven figures, and I'm guessing so do you, soon enough.

One of the reasons to have a job, if it's something you enjoy, is it gives you purpose and human interaction that you won't get sitting at home. Even if I won a lottery for $30 mil tomorrow, I swear I would continue going to work like nothing changed, because I know if I stayed home all day, I'd sit on the couch posting on sites like this, indulging my neuroses, and losing touch with reality. People go truly crazy that way. I think this is why so many big celebrities become severely depressed.

I don't know about you though. Maybe you just need to get a bit desensitized to the swings and you'll get used to it over time.

 

[JeanLucBB]

The problem with working in investments full time is exactly what you're experiencing now. It's exhausting and mentally and emotionally draining.

The people who tend to be happiest in this type of thing long term are people with a hardcore gambling type personality - usually with substance abuse issues - hard drinkers, coke users, etc. They love the rush, and they don't care if they get burned, because they always believe it will work out in the end.

I couldn't do it. The only types of investments I can make that don't stress me out are 5-10 year ones. And if that's what you're doing here, then you just need to relax and have faith it will work out in the long run. I expect BTC will be six-seven figures, and I'm guessing so do you, soon enough.

One of the reasons to have a job, if it's something you enjoy, is it gives you purpose and human interaction that you won't get sitting at home. Even if I won a lottery for $30 mil tomorrow, I swear I would continue going to work like nothing changed, because I know if I stayed home all day, I'd sit on the couch posting on sites like this, indulging my neuroses, and losing touch with reality.

I don't know about you though. Maybe you just need to get a bit desensitized to the swings and you'll get used to it over time.

I will message some tinder sloots.

 

[JeanLucBB]

The main thing that annoys me is I'm perfectly aware of how to play the long game, but I know at the next major correction I'm going to get another thirty messages from dipshits on my facebook complaining, pointing fingers or laughing about it when they literally don't have a f*****g clue. I should have told less people about it.

 

[CaptainForehead]

I'm an extremely risk averse person. I have kept all of my savings in liquid cash in a checking account -- that's absurd.

Me too, but I am backed by my past investment blunders which cost me a huge chunk of money.
I hate, hate losing money. I lose sleep over it, and I'm stricken with anxiety for days after I lose money. My life would have been better if instead I had focused on developing skills which would make me money. I'm guessing this savings obsession came about as a result of coming up in relative poverty.

I'm also not that optimistic about the long term prospects of stocks. IMO prices have been propped up by easy money. The bubble has to eventually pop.

 

[IdealForehead]

The main thing that annoys me is I'm perfectly aware of how to play the long game, but I know at the next major correction I'm going to get another thirty messages from dipshits on my facebook complaining, pointing fingers or laughing about it when they literally don't have a f*****g clue. I should have told less people about it.

That's actually the same reason I don't tell people to use daro, even though I think it's god's gift to hairloss. I don't want to feel responsible for other people's sh*t every minute of the day. sh*t can always hit the fan with anything. It's nice to only feel responsible for yourself.

Again, still wondering - how long have you been buying? Any regrets (besides what you just said about telling people about it)?

Probably you could just stop using facebook so much.

 

[CaptainForehead]

Even if I won a lottery for $30 mil tomorrow, I swear I would continue going to work like nothing changed,

Damn, you're lucky to have a job you like. I would quit in a heartbeat.

 

[JeanLucBB]

Cryptocalypse.

Timbeeeerrrrrrrrrrrrrr

 

[JeanLucBB]

Yeah it's the thing I'm happiest about in life. Lucky indeed. My life would get dark and twisted (more than usual) without it. I've learned that much. Vacations can go both ways for me, but are equally as likely to be bad for my mood as good.

I'd like more money from things like Bitcoin, because why not, but realistically I don't actually need it, since I will continue to work regularly as long as I am physically and mentally able. I have no intention of ever stopping, and I already earn enough at the present to be comfortable.

I don't even want to retire early. I think retirement is bad for your mind and body unless perhaps you really hate your job. A lot of people do poorly with retirement. I'm sure I would. I'm pretty sure I'd kill myself if I had nothing to do all day except play guitar, lift weights, and shitpost online.

How old are you? I think I would fare better with retirement than with a job. I get a lot of fufillment from just watching films and Youtube by myself, reading, music and f*****g. I don't need to feel like I have a purpose beyond that. I would like to get into Youtube soon and be consistent about it though even if no one watches me.

 

[CaptainForehead]

I'm pretty sure I'd kill myself if I had nothing to do all day except play guitar, lift weights, and shitpost online.

You don't have other interests? Books, movies, learning stuff, travel?

 

[IdealForehead]

How old are you? I think I would fare better with retirement than with a job. I get a lot of fufillment from just watching films and Youtube by myself, reading, music and f*****g. I don't need to feel like I have a purpose beyond that. I would like to get into Youtube soon and be consistent about it though even if no one watches me.

Mid 30s. I've read so many books already, I've watched all the movies I want to, I have listened to so much music and been to so many concerts, I've mastered multiple instruments. I don't f*** because of the reasons I've posted a hundred times.

How is your mood? You don't seem very happy most of the time. But maybe that's just how it seems. Hard to judge someone's state online.

I know for me, my mood has become much better at work than home. Which is something I never would have guessed would become the case when I was in my 20s. Partly, I think it's because I'm only working ~30 hours a week or so.

I still have so much time to myself that I can't even think of a movie to watch right now because as far as I know I've seen all the ones I want to.

This has now become a humblebrag but it's worth stating it nonetheless. I talk sh*t about my life so much, I figure I should be entitled to say something positive about something I enjoy in it as well. And I think it's worth saying that having a regular work job with people you like and a function you enjoy can bring real value into your life that sitting at home alone all day does not provide.

You don't have other interests? Books, movies, learning stuff, travel?

Yeah, but see above. Travelling gets boring for me fast. There's an expression, "wherever you go, there you are", meaning no matter how far you fly the constant will be you. And you're either happy with yourself or you're not. A change of scenery doesn't make that much impact. It's a quick high, followed by a low, when you realize nothing has changed. I don't have much ambition to travel right now.

Anyway, I don't think we should get too much more off topic as this is a crypto thread not a philosophy thread. Don't want to f*** up macaroni's thread (any more than already done).

 

[CaptainForehead]

Mid 30s. I've read so many books already, I've watched all the movies I want to, I have listened to so much music and been to so many concerts, I've mastered multiple instruments. I don't f*** because of the reasons I've posted a hundred times.

How is your mood? You don't seem very happy most of the time. But maybe that's just how it seems. Hard to judge someone's state online.

I know for me, my mood has become much better at work than home. Which is something I never would have guessed would become the case when I was in my 20s. Partly, I think it's because I'm only working ~30 hours a week or so.

I still have so much time to myself that I can't even think of a movie to watch right now because as far as I know I've seen all the ones I want to.

This has now become a humblebrag but it's worth stating it nonetheless. I talk sh*t about my life so much, I figure I should be entitled to say something positive about something I enjoy in it as well. And I think it's worth saying that having a regular work job with people you like and a job you enjoy can bring real value into your life that sitting at home alone all day does not provide.

Really curious about what field you are in, that pays well @30 hours and is enjoyable!

 

[JeanLucBB]

Mid 30s. I've read so many books already, I've watched all the movies I want to, I have listened to so much music and been to so many concerts, I've mastered multiple instruments. I don't f*** because of the reasons I've posted a hundred times.

How is your mood? You don't seem very happy most of the time. But maybe that's just how it seems. Hard to judge someone's state online.

I know for me, my mood has become much better at work than home. Which is something I never would have guessed would become the case when I was in my 20s. Partly, I think it's because I'm only working ~30 hours a week or so.

I still have so much time to myself that I can't even think of a movie to watch right now because as far as I know I've seen all the ones I want to.

This has now become a humblebrag but it's worth stating it nonetheless. I talk sh*t about my life so much, I figure I should be entitled to say something positive about something I enjoy in it as well. And I think it's worth saying that having a regular work job with people you like and a job you enjoy can bring real value into your life that sitting at home alone all day does not provide.

I'm happier than I seem generally, but I have that Trumpian quality of always being on the offensive and escalating situations to justify myself, combat insecurity and assert dominance (which I typically have earned). Usually I'm right to do so and I think it's a good thing overall because it gives me a certain level of drive and competitiveness but also makes it hard to chill.

My transplant has helped hugely overall, I don't feel inhibited by anything right now but myself and my own actions which is good. Hair troubles were worse than any emotional, work or stress related issues I've ever had and they're pretty much off my mind right now.

I think when I get my own house and move out that will help a lot, especially being in a place interstate. I need that change of pace and scenery I think. It's pretty much been my dream since 18 to never get a real job and live off investment gains too because I feel like I'm above working a 9-5. I feel it in my grasp which is adding to my stress right now.

 

[IdealForehead]

I've been thinking about the different coins a bit more and while I still don't know nearly enough about all of them to make a perfect judgment, I think Monero is going to be a very strong option going forward.

Think about the reasons that someone would want cryptocurrency or the types of people crypto will draw.

Crypto is not actually necessary for an average person buying stuff at Walmart. There isn't really any advantage over just paying with cash. Especially if it's still going to be taxed and audited no different than anything else.

Crypto is most uniquely useful for:

- Speculators
- Money laundering
- Buying illegal things
- Tax evasion
- Staying "off the grid"
- Ensuring privacy
- Anarchists who want traditional institutions undermined
- Subversive political and resistance activism

Of everything on that list, something like Monero suits all those needs, except perhaps being flashy for speculators like "BITCOIN" is.

On the wiki page for Monero, it already talks about how people are using Monero to launder Bitcoins.

Jean Luc was right that we need to assess what unique characteristics each coin brings to the table to properly judge its long term value. If Bitcoin is the biggest, most resilient, and most famous cryptocurrency, then Monero is special for being the most actually useful cryptocurrency for the types of people that crypto will always draw most of all.

I think these two may be the most important ones. And Monero is still in a position to make big gains, given that it only came out in 2014.

Unless someone can make a compelling argument to the contrary or in favor of another superior currency.

 

[JeanLucBB]

I've been thinking about the different coins a bit more and while I still don't know nearly enough about all of them to make a perfect judgment, I think Monero is going to be a very strong option going forward.

Think about the reasons that someone would want cryptocurrency or the types of people crypto will draw.

Crypto is not actually necessary for an average person buying stuff at Walmart. There isn't really any advantage over just paying with cash. Especially if it's still going to be taxed and audited no different than anything else.

Crypto is most uniquely useful for:

- Speculators
- Money laundering
- Buying illegal things
- Tax evasion
- Staying "off the grid"
- Ensuring privacy
- Anarchists who want traditional institutions undermined
- Subversive political and resistance activism

Of everything on that list, something like Monero suits all those needs, except perhaps being flashy for speculators like "BITCOIN" is.

On the wiki page for Monero, it already talks about how people are using Monero to launder Bitcoins.

Jean Luc was right that we need to assess what unique characteristics each coin brings to the table to properly judge its long term value. If Bitcoin is the biggest, most resilient, and most famous cryptocurrency, then Monero is special for being the most actually useful cryptocurrency for the types of people that crypto will always draw most of all.

I think these two may be the most important ones. And Monero is still in a position to make big gains, given that it only came out in 2014.

Unless someone can make a compelling argument to the contrary or in favor of another superior currency.

Add to that list that crypto offers THE ONLY legitimate store of value asset outside the fiat system. Even gold is mostly owned and traded by investment banks, governments and central banks. Does anyone really want a hedge against economic collapse that is already mostly in the hands of government and banks who they are trying to protect against? No they don't, or at least they shouldn't.

 

[JeanLucBB]

Cryptocalypse. Need more fiat to buy the dip.

 

[Rudiger]

Looks like the correction I was waiting for is happening.

Lol I finally got things sorted and bought BTC about 5 mins before this post.

Of course that's how it would happen.

I'm sticking with it. f*** it. It's oddly calming watching the little numbers go up and down (I'd clearly be a horrible trader if I find this calming).

 

[Afro_Vacancy]

Lol I finally got things sorted and bought BTC about 5 mins before this post.

Of course that's how it would happen.

I'm sticking with it. f*** it. It's oddly calming watching the little numbers go up and down (I'd clearly be a horrible trader if I find this calming).

Holy sh*t, this is actually calming for you?

wow.

You should move to London.

 

[Afro_Vacancy]

This guy is missing 100 million dollars worth of bitcoin:
http://www.zerohedge.com/news/2017-...as-over-100-million-reasons-dig-landfill-site

 

[Saurabhaj]

This guy is missing 100 million dollars worth of bitcoin:
http://www.zerohedge.com/news/2017-...as-over-100-million-reasons-dig-landfill-site

I hope he finds it.