Guys I am scared

guys I am scared
it doesn't make sense at all

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>it doesn't make sense at all
What are you having a hard time understanding?

bitcoin has no intrinsic value

>babies first ponzi
lol

Neither does your mum!

Nothing is impossible bitcoin.
This is why it's a special class of asset.

in fact it has no other value only intrinsic.

I mean
just imagine BTC is at 150K EOY
everyone on Jow Forums will be suddenly rich off absolutely nothing
those money must have to come from somewhere

north korean government so its a win/win

your average person here might have $500usd in crypto lol

I have around 50K in crypto
150K BTC will unironically make me a millionaire
it's just too good to be true

thread switched to ITT. we figure out the average worth of biz folio. I'll start: 2k usd

kys

itt the average is around $20 now because most monkey were $1k into shitcoins

Nice, I only have 5k and invest in alts. I thought about doing $50k-$100k but the daily swing of 20k is hard on my old noodle

me too

it won't happen because you won't hold all the way there

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that's not true

Israel has no right to exist

Based

Based and palestinepilled.

>thinking financial markets follow deterministic laws

it's not supposed to make sense, that's why social behavior and finance are modeled in stochastic approaches, sometimes the error is what best explains the model

based and redpilled

kys russian shill

Based
All semites are the enemy

sounds like wall st to me, but we win this time

most of biz already sold making 10% profit

Based and Crusadepilled

150k isnt rich. Even 500k isnt rich. 1m isnt rich either and can't even buy you a house in a modern city.

"Rich" is 10million and up net worth. That is fuck off money. Below that you are 2 or 3 bad deals away from being middle class again.

"Actually rich" is family wealth in excess of 100m, and personal security. At this point you are minor nobility. Minor.

why was I born to never be rich user

It makes sense if you take in account that the cycle is getting longer..

fuck off
1 million is good enough for Jow Forums neets to settle for life

Yeah....with a low middle class lifestyle. Its not rich.

1m is fucking nothing in the usa unless you resign yourself to comfortable mediocrity. It is a good springboard to actual generational wealth, however.

20mil is the best threshhold. 5% roi nets 1mil a year. Thats fuck off money right there

I'm ok with this

Mashallah

based and kikepilled

all jews will die

power resides where people think it does

>can't even buy you a house in a modern city.
If you've got money why would you live in a city

Each cycle gets longer and longer. This is a bull trap. So many people are going to get justed.

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Me to. I’d invest the million into apartment units and just live off the passive cash flow (~$4,000 a month). Maybe have a suicide stack of silver/gold and guns/ammo and invest in a farm property just in case shit hits the fan.

fiat has no intrinsic value

Unironically what I am doing. Have been looking at buildings next to a major US university in the 400-850k range. Also load up on arms, ammunition, and reloading parts+ingredients.

Neither does USD you mongrel

Nope that's a meme

I hope you are right.

We have a ton of varifiable data to conclude we are not there right now. Everything is pointing to the bull being artificially kickstarted by the Tether situation and now that cat is out of the bag.

It makes about as much sense as beating off furiously to BBC porn.

You know it's mad.
You know it's wrong.
You know it's intense AF.
You know it ain't worth thinking about.

You just fucking do it.

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C O P E

Be gone bog

this

1.5k here

This is December 2017 all over again. Once celebrities and the news media start talking about it again, you know it's time to sell.

checked

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Based and jerusalempilled

just because boomers blow through 1mil without trying doesn't mean I would. im never forgetting that I can live happily off of 30k a year.

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Unironically this x1000

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Please this

20k usd

I have $35k in crypto and I’m not selling any of it until btc is at least $500k. I bought in early 2017 and held all of it through the last bubble. Could’ve sold at a 10x profit and didn’t because I know where the price is ultimately headed.

I'm selling everything once I can pay off my medical bills

ITT we remember the first rule of crypto. Also we are gonna correct eventually, don't panic, BTC is headed for 6 figures within 2 years. Probably.

how much?

well what is the first rule i dont even?

Imagine if an OG like Tone Vay confirms this is likely the bullish case we're in, BABOOM!

lmao wut Putin is an Israeli puppet bitch

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meant for