Htcels: How Are You Coping With Your Sub Nw1ness?

CopeLikeThePope

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Why would you only buy 0.7 BTC back then when they were so cheap? I've been anarcho capitalist since 2011 so have no idea why I didn't buy in earlier, but I've got a sizeable amount I bought mid this year and not planning on selling until they're above 100k which is likely, and then keeping some extra in case of another global financial crisis.
100k dollarinos is f*****g nothing. You will realize this once you reach it. I need at least 3 millions to be "happy". After I get raped by taxes, I would put enough somewhere to get NEET yearly dividends, enough to f*** hookers every month so I don't need to go on a killing spree.

Then I would buy a nice condo with a pool and a lambo with the rest. I wouldn't still be happy because of hairloss but it's better than rotting in my current situation.
 

JeanLucBB

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100k dollarinos is f*****g nothing. You will realize this once you reach it. I need at least 3 millions to be "happy". After I get raped by taxes, I would put enough somewhere to get NEET yearly dividends, enough to f*** hookers every month so I don't need to go on a killing spree.

Then I would buy a nice condo with a pool and a lambo with the rest. I wouldn't still be happy because of hairloss but it's better than rotting in my current situation.

I already have more than 100k. If BTC hits 100k I will be half way to milionare. Also have 80k in stocks + fund managed.

With 80k in stocks and managed fund getting 15-20% a year (which is what I've averaged past 5 years) and depositing 15k each subsequent year, that's 630k in 10 years.

What 100k is worth depends on how old you are, at 22 years old even just sticking it in a fund for 20 years at that rate it's close to a mil, not including income earnings and subsequent investments.

On a baseline graduate salary at this rate I will be able to get a property around the 1 mil mark in a decade with enough in investments to retire on capital gains growth paying expenses.

You should look into buying some crypto for yourself.
 

ZZmop

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I already have more than 100k. If BTC hits 100k I will be half way to milionare. Also have 80k in stocks + fund managed.

With 80k in stocks and managed fund getting 15-20% a year (which is what I've averaged past 5 years) and depositing 15k each subsequent year, that's 630k in 10 years.

What 100k is worth depends on how old you are, at 22 years old even just sticking it in a fund for 20 years at that rate it's close to a mil, not including income earnings and subsequent investments.

On a baseline graduate salary at this rate I will be able to get a property around the 1 mil mark in a decade with enough in investments to retire on capital gains growth paying expenses.

You should look into buying some crypto for yourself.

Your thoughts on Ethereum? And would you still buy bitcoin now at the price it is?
 

JeanLucBB

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Your thoughts on Ethereum? And would you still buy bitcoin now at the price it is?

Overall I've done better in Ethereum but I think it got a little ahead of itself and the ratio is correcting itself right now. Especially prior to BTC fork I wouldn't touch it, I'd hoped Devcon 3 and byzantium fork would provide some hype for eth but the market doesn't seem interested.

BTC has much less competition than eth and an established network, eth still needs to prove itself with Dapp development and some proven token usefulness in my opinion to justify great increases from here. Ultimately have greater hopes for bitcoin long term, also in terms of similar commodity based cryptos I see greater potential for growth in Neo than eth at current prices. Setting up a portfolio right now I'd probably go 70% btc, 10% alts and 20% eth.

I bought more btc last week and am moving some money around to buy some more next few days. Current userbase on exchanges is increasing at around 10% per month from what I'm seeing, I'm not worried about valuation until that drops off or its over 50k per coin. Crashes are always possible but again I couldn't care less, in 5 years at the current growth in user base it should be well over 50 grand so short term movements don't worry me.
 

blackg

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Overall I've done better in Ethereum but I think it got a little ahead of itself and the ratio is correcting itself right now. Especially prior to BTC fork I wouldn't touch it, I'd hoped Devcon 3 and byzantium fork would provide some hype for eth but the market doesn't seem interested.

BTC has much less competition than eth and an established network, eth still needs to prove itself with Dapp development and some proven token usefulness in my opinion to justify great increases from here. Ultimately have greater hopes for bitcoin long term, also in terms of similar commodity based cryptos I see greater potential for growth in Neo than eth at current prices. Setting up a portfolio right now I'd probably go 70% btc, 10% alts and 20% eth.

I bought more btc last week and am moving some money around to buy some more next few days. Current userbase on exchanges is increasing at around 10% per month from what I'm seeing, I'm not worried about valuation until that drops off or its over 50k per coin. Crashes are always possible but again I couldn't care less, in 5 years at the current growth in user base it should be well over 50 grand so short term movements don't worry me.
What did you wanna be when you where a kid?
An anarcho socialist?
 

JeanLucBB

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Anyone does foreign exchange? Or buy penny stocks? Day traders? I've got about £50k in stocks but thinking of devoting more time to it. Currently just leave it in safe big companies and make small amounts per year.

Personally I don't think day trading is worth it unless you're doing it as a day job, spend substantial amounts of time with it and have a large capital base ready to trade even with CFDs. I can do about $200 a day day trading but it isn't exactly stress free and the risk is excessively higher than long term.

You're probably better off finding the best managed fund in the UK in terms of short, medium and long term returns and sticking it in there unless you have a lot of time to spend with it.

Also worth putting 10k there in crypto and just holding it long term if you're looking for stronger return, also reduces market risk as their returns are not correlated to stocks.
 
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