4chan archive /biz/ (index)
similar threads
2021-01-20 05:28 26239291 Anonymous (1608620243464.png 1000x393 67kB)
who else is just realizing 6 figure hell is a real thing? >tfw close enough to vaguely see the finish line >tfw not enough to do anything about it how do I cope bros

3 min later 26239377 Anonymous
>>26239291 you really think we can relate to you? Jesus get out for once, see what’s going on we barely make a living and you’re here talking about six figure “hell”? I suggest you give back to society, try to donate every once in a while god knows we need every penny...

5 min later 26239444 Anonymous
>>26239377 >you really think we can relate to you? the non-poor fags of biz can. Just because youre struggling or have yet to make money doesn't mean I owe you a dollar. I was probably broker than you 2 years ago, get a job nigger

11 min later 26239636 Anonymous
been stuck in 6 figure hell for years... hope to finally break out this bullrun

11 min later 26239653 Anonymous
>>26239444 unlike you I actually have a job and contribute to society more than you ever will. Yes, you do owe society something because guess what you’re feeding off of it without giving back! P.S. Cool out with the n-word, it only shows your immaturity.

12 min later 26239702 Anonymous
how much are you at OP? im at around 600k... def not enough in the city that im living in

13 min later 26239703 Anonymous
>>26239653 Fuck off nigger t. poorfag

14 min later 26239760 Anonymous
>>26239703 let me guess, you’re white? Being white and poor is a paradox. Marginalized people of color need our help now more than ever.

15 min later 26239791 Anonymous
>>26239702 roughly a quarter mil. I haven't sat down and asked myself what my make it number is, I just want enough passive income to never have to wage again.. so guessing 1m or is enough. >>26239653 I have a job too you gay nigger faggot. 2/10 larp

16 min later 26239812 Anonymous
>>26239291 iktfb seriously i've been so fucking stressed ever since hitting $100k a few weeks ago

16 min later 26239822 Anonymous
>>26239291 all in on a shitcoin

16 min later 26239841 Anonymous
>>26239653 >contribute to society Lmao get a load of this faggot. Go to pol with that commie shit.

17 min later 26239862 Anonymous (V.png 291x287 204kB)
>>26239791 me to but i live in socal and my number is 10M so this is gay

17 min later 26239863 Anonymous
>>26239812 what exactly are you stressed about bro? I'm fairly confident in my hodl positions I would just like to know how long and if my wait will be worth it

17 min later 26239873 Anonymous
>>26239760 Fuck off nigger

18 min later 26239880 Anonymous
>>26239377 >>26239653 >>26239760 8/10 high quality plebbitor bait.

18 min later 26239892 Anonymous
>>26239862 >socal ..so move dude. why are you there

18 min later 26239910 Anonymous
>>26239812 Why so stressed

19 min later 26239921 Anonymous
>>26239760 There are more poor white people in America than poor blacks dude.

20 min later 26239947 Anonymous
>>26239291 I'm at around 600k and I'm way more stressed now than I was for the last 4 years. Feels like the bottom will drop out any second.

20 min later 26239952 Anonymous
>>26239760 nigger

20 min later 26239969 Anonymous
>>26239653 >contribute to society the calling card of the loser

20 min later 26239973 Anonymous
>>26239947 This. I'm in low 7 figure hell right now and I can't sleep.

21 min later 26239994 Anonymous (GRET.png 177x192 82kB)
>>26239892 born and raised here with elderly parents. Where would I go? I never been to any other state out of leisure. i also have a 6 figure compfy job but even that's not enough for a home.

23 min later 26240029 Anonymous
>>26239863 i feel retarded for not selling the top i'm worried about my shitcoins dumping back below six figs i wish i had made better calls i'm not even at 200k yet maybe i'm stressing too much. my portfolio hit ATH yesterday (185k) and now it's a solid 10k below that. i've never had access to this kind of money before and no one irl knows how much i really have on the line. i dont know a single person my age who has this kind of wealth and i dont want to fuck it up. anyway what are you holding?

26 min later 26240130 Anonymous
>>26239973 my plan is to cash out $100k when I hit $1M, just so i can realize some gains and live off that. i'm so so so fucking far from 7 figures though.

28 min later 26240191 Anonymous
>>26240029 > i've never had access to this kind of money before and no one irl knows how much i really have on the line. i dont know a single person my age who has this kind of wealth and i dont want to fuck it up. I hear you, I'm in about the same position it seems. Youre a little better off though seeing as a few of my close friends know and one family member. I'm mid 20s how old are you? >what are you holding? pnk link rsr eth. you?

29 min later 26240227 Anonymous
>>26239377 you had 10 years

30 min later 26240263 Anonymous
>>26240029 start derisking by swapping shitcoins for btc/eth

32 min later 26240309 Anonymous
>>26239994 I feel you anon. Same here except my family has all left California and I'm just stuck here because I have a good career that I can put aside a little money reach month to DCA in hoping one day the link marines $xxxEOY predictions hit.

32 min later 26240318 Anonymous
>>26240263 >swapping he loses money on tax for that, assuming hes a burger. If hes got decent alts I'd just hold

33 min later 26240359 Anonymous
>>26240191 my friends know i have crypto, because i was retarded and told them about it, but they have no idea how much i have. i'm turning 29 in a couple weeks. i'm primarily BTC/ETH/LINK in that order I also have HNS, NEAR, Linkpool and an Urbit star. I've got around $5k split between some other shitcoins that I don't even want to mention, they've performed so horribly I wish I never even found out about them. Should have just bought LINK instead.

33 min later 26240362 Anonymous
>>26240318 oh yea forgot about that. in the same position but feel much better because i only hold btc + eth

33 min later 26240365 Anonymous
>>26240029 if this is your 1st bull run you should sell some. if your serious about cashing out a good amount plan for taxes. seriously consider selling half within the next few months.

34 min later 26240401 Anonymous
>>26240263 BTC and ETH are my biggest bags. Those are still risky as fuck though. I recently traded in some shitcoins to pick up more LINK though so there's that. maybe I should trade even more of them into LINK

36 min later 26240461 Anonymous (51pL5WZlftL._SY291_BO1,204,203,200_QL40_.jpg 193x293 10kB)
>>26239653 What is “honest work”? Selling poisonous food to poisoned people? Selling useless shit to useless retards? Selling things to people that then sell those things too? In this moment, the noblest trade is mastering the art of leisure. I can’t think of a smarter person than someone who figures out a way to rob the modern world blind and never work again. I can’t think of a smarter person than someone who successfully leeches of government programs, with good taste of course. The best of all trade work is aristocracy. Our working class is completely dead inside; anyone who’s spent a day’s time around them can tell you this. The “honest work”- building dollar stores, mall temples, ratholes- it takes hostage the soul of many could-be heros. If “honest work” was human, he’d be charged with many crimes one of which against nature. God sits above and mourns the construction of yet another strip mall. It’s true, I’ve seen and felt him do so. God to me sometimes feels like a close and personal friend, and he looks constantly disappointed, even in me. He mourns destruction of his lush and hungry forests for GameStop number seven thousand and Chinese buffet number whatever. Those responsible for decision like these will pay dearly for this level of sin; you’d have to be a fucking idiot to think you escape free of punishment.

37 min later 26240468 Anonymous
>>26240401 sell ur btc for alt coins you idiot. dominance is falling like a rock. no exponential gains to be realized from here on out.

38 min later 26240507 Anonymous
>>26240359 >my friends know i have crypto, because i was retarded and told them about it, but they have no idea how much i have. i'm turning 29 in a couple weeks. thats good. I was you I'd even wait until the next big dump and say I panic sold it all at a huge loss, but the subject to complete rest. your folio is pretty good, minus the shit coins you mentioned obviously. If its just 5k around the shitcoins I wouldnt even stress about it that much, you got most of it all right.

39 min later 26240535 Anonymous
>>26240365 It's not my first bullrun, but it's the first time I've accumulated a lot prior to the bullrun. I didn't suffer through all this just to cash out 5 figures. i'm unironically still buying more every couple weeks

39 min later 26240559 Anonymous
>>26239973 I know that feel bro, I'm in 8 figure hell myself.

40 min later 26240575 Anonymous
>>26239291 Idk what finish line you’re talking about. I’ve been in six figure hell since 2019. 120k now 750k. But hitting a million dollars means fuck all. That’s not enough to retire bro

40 min later 26240579 Anonymous (1610740960121.jpg 1080x844 94kB)
any bros know the feel of trying to time the market and mssing out on several potential big gains? I learned this lesson these last two months and its been stressing me every day

41 min later 26240598 Anonymous
>>26239973 I've been DCAing out a bit as it goes up. Learned my lesson last bull run. It helps.

41 min later 26240618 Anonymous (1609011424465.jpg 750x674 53kB)
>>26239291 Same. Not enough to retire yet. I try to cope and distract myself reading many books

42 min later 26240626 Anonymous
>>26240575 You need to start manipulating low caps

43 min later 26240645 Anonymous (2HOQ.png 900x900 55kB)
>>26239377 chekt and kekt

43 min later 26240649 Anonymous
>>26240575 >But hitting a million dollars means fuck all. That’s not enough to retire bro if you have a million after taxes, thats about 40k in passive income each year. depending on your life styles choices, it can be enough to retire for some. I want to start a real estate rental business and make passive rental income on properties that will appreciate over decades and retire on that. Realistically 1m would put me close to that

43 min later 26240657 Anonymous
>>26239653 Nice bait kek

43 min later 26240669 Anonymous
>>26239653 Back to the reddit you go nigger

44 min later 26240679 Anonymous
>>26240130 >>26240598 Yeah, I cashed out some so I wouldn't worry, but I'm scared of selling too much and missing a bigger bull run. Tough dilemma. >>26240559 Hang in there fren

46 min later 26240744 Anonymous
>>26240575 Why aren't you staking significant portions of your stack?

47 min later 26240756 Anonymous
>>26240461 Good read

48 min later 26240796 Anonymous
>>26240598 Seems like there's a crabbing happening with most established crypto that's only 10-20% of its top. I don't recall that in 2017/18 but in fairness I wasn't in the game at the time so maybe it was. I'm not some new paradigm shill, but I'm of the mind that previous exponential runs and dumps might not be repeated this time around

49 min later 26240802 Anonymous
>>26239291 I'm still in the 20ks and it's fucking pins and needles moving up

53 min later 26240921 Anonymous
>>26240626 I got burned bad fucking with shitcoins in 2017; if it wasn’t for LINK I’d still be on the hole from then. I have barely $10 split amongst a few shit coins. 80% of stack is LINK and 20% is in ETH >>26240649 I’m a young doctor so I’ll be making 200-400k a year anyways after finishing residency. And plan on working because the work is badass, 40k from shitty stocks is worthless. I feel like my pitiful IRA is more likely to dump than crypto over the next 5 or so years >>26240744 I plan on it; it’s all just in wallets right now. Really busy with stuff in life but as soon as I get a breather I’m gonna build a nice pc for staking ETH or just buy the Avado or something, and will then drake LINK when that’s available. Too paranoid to put crypto on blockfi or Celsius etc for lending right now. I got to 840k over the weekend with link peaked for a min there, so I think I’ll get to a million really soon. But again, doesn’t mean fuck all until closer to ten million imo

58 min later 26241041 Anonymous (1610076731628s.jpg 109x125 2kB)
>>26240921 doctors and lawyers have no free time. EVER. Are you browsing in scrubs in the waiting room anon? Build a PC? That's the time you can afford? hahahahaha hope you buy more shitcoins buddy!!!

59 min later 26241091 Anonymous
>>26240921 >the world is badass I believe it, and so must the pay be. I've thought about doing something like this, but I know doctors spend all their lives at their job. It takes a certain person to want to spend their entire life working, and I'm just not sure thats me.

1 hours later 26241107 Anonymous (A58A73A7-9089-464F-933B-621BF2897811.png 1242x2208 806kB)
>>26240921 >>26240626 Pic related. Don’t wanna put money into shitcoins really esp now that they’ve all pumped. My paycheck is only like $1700 every two weeks so not enough to do anything with and I’m not about to trade any ETH or link for shitcoins. Honestly I think ima just gonna buy USDC and store that on Celsius or blockfi for 8% interest and use it as like a bank account to have money in case black swan event or some shit this year, but still be protected against inflation bleeding it dry

1 hours later 26241119 Anonymous
>>26241091 >>26240921 *work , not world

1 hours later 26241157 Anonymous
>>26241041 In scrubs yes, in the call room, yes it sucks I know . I have boards coming up but will have a bit more free time in April; building a pc takes like one evening dude. It’s not a time commitment unless you’re retarded or get shit parts that need to be sent back

1 hours later 26241182 Anonymous
>>26239921 And it'd be so much easier to just kill them all and replace them with immigrants

1 hours later 26241249 Anonymous
6 figure hell is definitely a real thing

1 hours later 26241275 Anonymous
>>26241091 I and lots of my buddies in medschool got minted from link and could likely be totally financially free from it in a few years but none of us plan on stopping working. The financial freedom gives the flexibility to say fuck off to hospital admin or shit jobs and work for the sheer pleasure of it. Also plenty of specialties have hours closer to normal jobs after residency, like upper 50 low 60hrs per week compared to the perpetual ~80hr/wk of a lot of surgical attendings

1 hours later 26241364 Anonymous
>>26240921 You'll make it there anon. Might be a few years but you will. I wrote crypto of as tulips in 2017. And I wasn't wrong about the craze at the time. But I was wrong to write off the underlying proposition and didn't seize the moment when the drop occurred and real price discovery happened. Over the last year before getting into crypto i made a point of understanding the fundamentals of blockchain and securing the stack, something i had to learn because I come from a finance background not a computing background. I missed opportunities to have 10x w link (my holdings are roughly 80/20 link/eth as well, albeit much smaller as i really only started adding in last 4 months). But I'm confident in the long term play and don't mind DCAing in at the top because that's my mindset. The broad crypto market is still in infancy. I think PoS coins with enterprise propositions will moon in the next 5. But I'm bearish on PoW coins, including btc.

1 hours later 26241422 Anonymous
>>26241275 Good friend is a dermatologist and puts in under 40 hours a week. Any specialty you're looking at?

1 hours later 26241474 Anonymous
>>26239862 10 mil in LA? hope thats after taxes. you will need 30 mil pretax

1 hours later 26241493 Anonymous
defi will have you out in no time. don't be a pussy.

1 hours later 26241581 Anonymous
>>26241422 Dermatology is the most competitive of all specialties along with plastic surgery to get into for that reason. You need higher scores and more publications to get into dermatology than neurosurgery I’m an anesthesiology resident, so also comparatively good hours though no where near as good as derm. I hate clinic and love physiology and being THE guy when shit hits the fan in the OR or ICU so it's a good fit for me. And its shift work making it conducive to being rich from crypto and structuring a more flexible lifestyle, or at least that’s the dream/Hope

1 hours later 26241611 Anonymous
I can definitely relate... I'm close enough that I feel unmotivated at work every day, yet not close enough to retire and destroy my career path. I get paid fairly well working in biotech but I'm pretty much everyone's bitch I'm at 1.5m, which would realistically become about 1.1m after taxes. Not even close enough in the Bay Area.

1 hours later 26241633 Anonymous
>>26239291 >10k below 6 figure hell kms bross......

1 hours later 26241699 Anonymous
>>26241611 About 80% of my net worth comes from stock options (I work at a company that IPO'd), so I'm basically stuck here until it all vests. I feel lucky as hell, but at the same time every day at work feels like purgatory

1 hours later 26241706 Anonymous
>>26241422 I’m rad Onc. 4 days a week usually 8-3p 425k so it’s pretty damn good. Lot of respect and doing good but that said you’re a bit tied to location not like ed/gas. I’m og link with a ton of link so will prob stop working clinic all together assuming link actually does wtf it promises to. $75 would be my target for retiring

1 hours later 26241716 Anonymous
>>26240461 based as fuck

1 hours later 26241800 Anonymous
>>26239653 nigger

1 hours later 26242012 Anonymous
>>26239760 Hi, I'm an actual, unironic socialist and I'm here to tell you to fuck off with this dumb shit.

1 hours later 26242108 Anonymous
>>26241091 >It takes a certain person to want to spend their entire life working, and I'm just not sure thats me. If you are questioning it then it for sure isnt you >>26241275 Upper 50 low 60 hours per week is not normal. A normal job is 40 or slightly under 40. 60 hrs a week is a fucking lot of time working. 80+ is insane, shit like oilfield jobs and ig drs.

1 hours later 26242716 Anonymous
There are 2 six figure hells, lower (100-500) and upper (500+). Once you hit upper, your money will compound very fast up to 1mm. If you're entering lower 6 fig hell then your goal this bull run should be 500k

2 hours later 26242798 Anonymous
>>26242716 Are you suggesting divesting from crypto once reaching 500k?

2 hours later 26243222 Anonymous
>>26239291 you're not in six figure hell until you didn't cash out anon. Just having an account displaying actual numbers what your coins are worth is nice. But things move so quickly in this space, before you look twice you're on suicide watch. Always take a few profits. Simple as that. "iron / paper hands", hodling is all stuff pushed by the promoters of specific coins. Always be aware that this is one huge unregulated shitshow and for making profits, you need to dump on someone who will lose.

2 hours later 26243440 Anonymous
>>26239291 all in AMC

2 hours later 26243553 Anonymous
>>26242798 only if you dont like making a lot of money

2 hours later 26243582 Anonymous
>>26239653 >you’re feeding off of it without giving back! What is capital gains tax?

2 hours later 26244249 Anonymous
>>26242798 I would take profits on the way, but don't cash out your whole position. If it keeps going up you'll keep making money, if it goes down then you have a large amount of cash on the side now to buy back in at a lower price. You miss out on profits if it just goes straight up but when you have 500k you only need a 2x to make it

3 hours later 26244565 Anonymous (1610259794015.jpg 334x506 30kB)
>>26239291 I'm 15k away from reaching the 6 figure milestone. 5 figure hell has been real. 100k will definitely not be enough for anything. I need at least 350k to be comfy. Can use 100k for a house, 100k to invest in REITS/ETFs for passive income, 100k to keep in BTC/ETH/LINK and 50k for other altcoins. It's a far away goal but I am hopeful regardless. I went from having less than $10 to my name in December 2019 to having 85k now. Just one last push..

3 hours later 26244605 Anonymous
>>26239653 >arguing with a man who got trips

3.191 0.120