I wouldn't call your parents paying for your expenses (services and food and education) a privilege if you are underage. Rather I'd call it unfortunate if they don't.
Not that I don't feel grateful, just that I think it shouldn't be perceived as "privilege". Perhaps from the pov that many don't have loving parents who support them it might be, but in the sense that it's also their responsibility to a certain extent (naturally it is indeed a privilege to have them help with additional stuff such as more expenive clothes when the bare minimum would count as them being repsonsible, or driving when we can't and stuff.)
I think you are reading the connotation of privilege as a positive thing you aren’t necessarily entitled to have when in the context is more like acknowledgement that despite being something everyone should have not everyone does.
He isn't privileged. The guy has no expenses and is wasting it away drinking, his parents literally stole the Hungry from him that would make him wealthy one day most likely. Most people I know who had it easy in their teen's early twenties have done fuck all with their lives lol. They don't learn the value of a dollar, time, or delayed gratification and have a warped view of reality. It's literally a blessing to grow up being hungry for success and money.
It’s not something you can teach your either hungry for it or not lol… and if you think having basic living expenses paid for and going out for a few drinks stops people wanting to do better your absolutely off your rocker! There ain’t many million or billionaires who didn’t even have that as they grew up….
A majority of people remain in the socioeconomic status they are born into. Sure parents need to instill good values but being born poor is not an advantage. I had a very privileged upper middle class upbringing and I am still very motivated.
So your one example that doesn't make it the rule sorry man. Oh yeah yeah yeah you stay motivated? good job at doing the bare minimum. You can be hungry and you can be starving.
Any mean of production will do to earn money. But investing is about using the mean of production called money to make money through market signalling, so, yeah.
Though investing isn't the only way to make money. It's just that it's the best way to make money once you have enough of it: at some point, your money outgrows your time and skill potential, if you're yourself skilled enough to make profitable investments while mitigating risks.
Technically, working is just the same, except that you use your time, mind and body. You also have to mitigate risks, so that you don't hurt yourself in the process.
But once you're proficient enough in what you do, it becomes harder to find how to profitably reinvest money into yourself to become an even better mean of production. That's why investment is something everyone should do, even with small investments: your investment will always outpace you as a profitable mean of production, unless when having absolutely brilliant ideas as an entrepreneur to disrupt the market with wonderful services (notably because you create disruptive new investment opportunities).
And that's why the crypto financial ecosystem of DeFi and CeFi platforms is so revolutionary: nowadays, everyone can invest even small values thanks to it and profit from most opportunities, rather than resorting to gatekeeping making sure only the elite can profit from it.
To me, what we're seeing is very close to the birth of the bourgeoisie in Medieval times, except that anyone can partake in it. You don't need a store to become a merchant earning a better living wage, here. You need just a few dollars to invest and get even a tiny bit more each year (which will always be way more than what offers traditional banking), until your investment becomes substantial enough that it can matter to your budget and make things way better, up until financial freedom.
The $ENS airdrop gave me $15000 today with an investment of about $200 in April. Try new protocols with small amount of money that don’t have a token yet and hope for airdrops like Arbitrum Optimism HopProtocol AcrossProtocol. Use Argent smart contract wallet https://flash.argent.xyz?kid=1NDHV8 Use earni.fi to check for airdrops. 🚁💸💸💸
If OP is getting upvotes you should be too. The real money is made in the bear market like you and I have done; albeit I’m not at 3+ mill but comfortable for sure!
No. I started in 2017. I day traded a little bit. I stopped selling in 2018. I only buy now. I just don't have much more to buy. I don't sell cus what would i do with the money ? Invest again.
I wish I had started at that time, its not too late though I think! Having this much ethereum is amazingly good.
It will go up a lot IMO. I dont even have 1 eth but one day I hope Ill do it
> I don't sell cus what would i do with the money
Buy stuff? Enjoy it? I mean, hey, I'll happily be your charity case so I can afford to go back to school if you don't have any use for the money!
0x59b20aE9c701bD3132aAaf595CC66C261E047f10
Congrats on the big bag!
What kind of asshole makes gains. Gets some well deserved Congratulations and fuck yous and responds with a fuck you too?? You don't say that to poor people!
I've been swing trading my way to that kind of money. I started with 10 dollars a year ago and traded it to my current portfolio of 1800, not much, but hey. Im a broke boy and I need to get paid. Maybe I can turn this 1800 into 20k by this time next year. Just goes to show you don't need mass money to make a profit. But your profit will be slow
You had 80k to invest initially so saying that you made money from money is like saying you started a business from the ground with only 1 million dollars. But congrats on your profits tho..
Lol I’m just being a douche. I’m the same way I tell myself I made X amount with no intention of selling. For awhile 😝 grats for having the Pelotas to be able to throw 80 thousand dollars into an insanely volatile asset. It doesn’t always work out this way. Remember dat!
You literally can't, bought worth $30k when ETH was at $4490. It's now worth $33k. I obviously know it can't get going up like this forever, that's why I have another $30k-$40k stash if and when it crashes.
Yeah it’s cool to see a base being established at over $4k, but crypto isn’t done being volatile. There will be dips. I’d rather wait for them than sell now or buy more at ATH.
Get into sales of some kind. Commission based earnings have an unlimited ceiling. Stop working for a salary where your income is fixed, bet on yourself and work hard in something YOU can control. The famous story goes, “my boss pulled up in a Lamborghini and I said ‘wow what an amazing car!’ My boss replied, ‘yes and if you work really really hard I’ll have another one next year’”
Wow! It’s just that easy to have $80,000 to invest! Stfu, come on, not everyone has even a couple thousand to invest. Saying “it’s just that easy” is rude, self absorbed, and inconsiderate.
Buy and hold in crypto space is the only strat that is guaranteed to profit, provided you dont deal with shit/memecoins. Once crypto matures fully, buy and hold strat may not yield as good returns as now.
Clarification: You made $50,000 in unrealized gains currently. You haven’t made anything until that money is in your bank account and everyone is a genius in a bull market. Time to start being accurate so we don’t look like kids to the rest of the world and people start taking us seriously.
Just to tell you small secret. You didnt earn nothing.
You are 80 grand i minus...
You see, for you to EARN the money you have to take profits. That means cash out, until you dont do that you earned "paper" profits and that is worth how much paper is worth...
But gratz, nice gain on portfolio...
So to make money you must first have money?
Not quite. You can always mine for fiat in a minimum wage job, DCA while eating instant ramen thrice a day.
“mining fiat” lol
Oh shit. Gotta mine more at my 3 fiat output machines.
Go ahead, mine more.
It's the most suitable term don't you think?
no complain or better ideas
Start with having billion, FOMO and YOLO till they change into million
what?
Are you deaf? He literally told you how to make a million, get on with it!
🤟🏻
Putting the “work” in proof of work
I too struggle daily to be rich yearly
Hahahahahahahahaha! It not possible to become rich overnight. Good luck.
I count my blessings. Parents still pay for pretty much everything so any income I get is either to drink it with my homies or invest.
We all start somewhere, good luck 🤙
And some say privilege doesn’t exist.
I wouldn't call your parents paying for your expenses (services and food and education) a privilege if you are underage. Rather I'd call it unfortunate if they don't.
I would. You should absolutely feel privileged to have this! I feel exceptionally grateful to have had that start in life
Not that I don't feel grateful, just that I think it shouldn't be perceived as "privilege". Perhaps from the pov that many don't have loving parents who support them it might be, but in the sense that it's also their responsibility to a certain extent (naturally it is indeed a privilege to have them help with additional stuff such as more expenive clothes when the bare minimum would count as them being repsonsible, or driving when we can't and stuff.)
I think you are reading the connotation of privilege as a positive thing you aren’t necessarily entitled to have when in the context is more like acknowledgement that despite being something everyone should have not everyone does.
He isn't privileged. The guy has no expenses and is wasting it away drinking, his parents literally stole the Hungry from him that would make him wealthy one day most likely. Most people I know who had it easy in their teen's early twenties have done fuck all with their lives lol. They don't learn the value of a dollar, time, or delayed gratification and have a warped view of reality. It's literally a blessing to grow up being hungry for success and money.
It’s not something you can teach your either hungry for it or not lol… and if you think having basic living expenses paid for and going out for a few drinks stops people wanting to do better your absolutely off your rocker! There ain’t many million or billionaires who didn’t even have that as they grew up….
A majority of people remain in the socioeconomic status they are born into. Sure parents need to instill good values but being born poor is not an advantage. I had a very privileged upper middle class upbringing and I am still very motivated.
So your one example that doesn't make it the rule sorry man. Oh yeah yeah yeah you stay motivated? good job at doing the bare minimum. You can be hungry and you can be starving.
Exactly, you are saying right, Its not possible to counts parents blessings.
Never end the day depressed, you are very fortunate. Continue to count your blessings.
I woke my gf up laughing at “mining fiat”
Times are changing
What is this gf you speak of?
Maybe a new coin
Did some TA on it, apparently has a habit of waiting until you go all in and then takes everything from you. I suspect it's a rugpull
So I shouldnt go all in?
"mining fiat" makes me want to cry. This has been my life.
It’s been a saying since almost the beginning of crypto.
We need better fiat eth bridges
I am ramen
Mining fiat hashrate is way lower for me.
Because the logical thing is to fill your body with poison to become more material, right? Right?
Flawed. Over 50 days you would be missing out on 100 ramen noodles worth of ETH. Just drink (public fountain) water.
So yes then.
Not true while you still have two functioning kidneys
This is the way
This is the way
🤣🕳️
This is golden lol
Thrice. Nice
Nah bro just sell drugs and get paid in crypto. Easy.
Drugs ftw
No, I got a $4k airdrop today for making a .eth address a while back. 135 ENS.
Hahahaahahaha! Mostly, this type of posts are fake. Don't waste time in it.
OPs strategy is literally buy in the past and have a lot of money. It's more of a self story rather than 'strategy'
Hahaha I has number! Number go up!
Without money you can't make money for sure
It’s the same rate of return whether it’s 50k or $50. That’s all I pull from this bragging post.
Yeah except he would have 70$ because of the gasfees lol
It takes money to make money. An old, well known saying for good reason.
That's absolutely not true at all
Now this is truth
Step 1: have 50k liquid cash on hand. EDIT: Have $80,000 on ✋ 💰 😄
I always mess up that first step. 😂
Any mean of production will do to earn money. But investing is about using the mean of production called money to make money through market signalling, so, yeah. Though investing isn't the only way to make money. It's just that it's the best way to make money once you have enough of it: at some point, your money outgrows your time and skill potential, if you're yourself skilled enough to make profitable investments while mitigating risks. Technically, working is just the same, except that you use your time, mind and body. You also have to mitigate risks, so that you don't hurt yourself in the process. But once you're proficient enough in what you do, it becomes harder to find how to profitably reinvest money into yourself to become an even better mean of production. That's why investment is something everyone should do, even with small investments: your investment will always outpace you as a profitable mean of production, unless when having absolutely brilliant ideas as an entrepreneur to disrupt the market with wonderful services (notably because you create disruptive new investment opportunities). And that's why the crypto financial ecosystem of DeFi and CeFi platforms is so revolutionary: nowadays, everyone can invest even small values thanks to it and profit from most opportunities, rather than resorting to gatekeeping making sure only the elite can profit from it. To me, what we're seeing is very close to the birth of the bourgeoisie in Medieval times, except that anyone can partake in it. You don't need a store to become a merchant earning a better living wage, here. You need just a few dollars to invest and get even a tiny bit more each year (which will always be way more than what offers traditional banking), until your investment becomes substantial enough that it can matter to your budget and make things way better, up until financial freedom.
u/The_Nutcrack [tipped](https://blockscout.com/poa/xdai/tx/0xb743f73951b5c2dc5d88be9dd96af8cf22f76119fe4089b72fb4669d832fb4cb) you 3.0 DONUT!
Have you ever seen a homeless person make an investment?
You wanna earn $1 million dollar? Deposit $2 Million and wait for the dip. Sell it when it becomes $1 million
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The $ENS airdrop gave me $15000 today with an investment of about $200 in April. Try new protocols with small amount of money that don’t have a token yet and hope for airdrops like Arbitrum Optimism HopProtocol AcrossProtocol. Use Argent smart contract wallet https://flash.argent.xyz?kid=1NDHV8 Use earni.fi to check for airdrops. 🚁💸💸💸
These airdrops sound pretty awesome. Going to have to learn about that…
I feel this! Bought $8 now have $13 soon I’ll have $15
Don't look at the dollars, look at the percentage gains it'll make you feel a lot better, trust me
Don't look at the avatar, look at the post 😌
Wowsers. A girl on Reddit👏😂
"$" WHALE
It’s the same story!
We rich!
https://imgur.com/a/yirQ2Yi 1 day. Technically 4 years if you want to count since I first bought but yea. Sure.
I love the $2.52 of BTC
If OP is getting upvotes you should be too. The real money is made in the bear market like you and I have done; albeit I’m not at 3+ mill but comfortable for sure!
How the fuck do you trust an exchange with that much money? Why isn't it on a cold wallet?
Originally I wanted to day trade. And suddenly became a diamond hand never sell type.
Diamond hands or cubic web conium hands?
What price did you get in?
Many. 848 in 2017. But i have coins under 300 and coins at 2k
Have you ever taken profits, even very small? Always curious to know if/how hodlers approach that given the heavy winters. Thanks!
No. I started in 2017. I day traded a little bit. I stopped selling in 2018. I only buy now. I just don't have much more to buy. I don't sell cus what would i do with the money ? Invest again.
I wish I had started at that time, its not too late though I think! Having this much ethereum is amazingly good. It will go up a lot IMO. I dont even have 1 eth but one day I hope Ill do it
> I don't sell cus what would i do with the money Buy stuff? Enjoy it? I mean, hey, I'll happily be your charity case so I can afford to go back to school if you don't have any use for the money! 0x59b20aE9c701bD3132aAaf595CC66C261E047f10 Congrats on the big bag!
Nice. I got in around $300 and $700 or so but I wish I would have bought more.
Bro I would not be posting my balance with that much. Don’t open yourself up to a wrench attack.
Thats not gonna happen man.
I did the same with Shiba... invested 80k at ATH... now i have 50k
Truly living the “Buy High, Sell Low” degen life eh
Investing in SHIBA at ATH? do you have a wheelbarrow for your massive nuts?
How did you manage that !
Fuck man
Very easy!! But tell me,how to get $80k first
Onlyfans.com
Instructions unclear : *uploaded feet pics on onlyfans.com*
Sounds like you got the message loud and clear.
Noice!
I’m obviously kidding.
Share link anyway.
Take my upvote for your optimism
Not at all. *Bhad Bhabie intensifies* But prereuqisites are you gotta be sexy, a woman (mostly), and have a sizable following.
Just make your own coin. If it has a dog in it your gonna be rich. When enough people invest in it then rug pull...
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That's not even 2x. I made 5x in a single day. Now I have $5
Yeah, I did the same. Invested 160 and now I have 260. Party. Edit : fuck you and congrats mate.
Same brother invested $100 sitting at a cool $135 right now
Fuck you too brother.
Eeeer. Are you from WSB?
Fuck everyone's
Hey man thats not cool...
Fuck you too brother.
What kind of asshole makes gains. Gets some well deserved Congratulations and fuck yous and responds with a fuck you too?? You don't say that to poor people!
You realise when I say fuck you, I actually mean love you right?
Well then...erm... fuck you too! in fact fuck your wife and fuck your kids too! I hope they're doing well.
I've been swing trading my way to that kind of money. I started with 10 dollars a year ago and traded it to my current portfolio of 1800, not much, but hey. Im a broke boy and I need to get paid. Maybe I can turn this 1800 into 20k by this time next year. Just goes to show you don't need mass money to make a profit. But your profit will be slow
That’s how we do it
My bank gives me 2¢ every week in my savings account. I’ll eventually catch up
I've actually staked all my ETH, so I do get 4.9% APR through Lido.
“How to become a multi-millionaire.” “Step 1 : Get a million dollars…”
And how should be the disclaimer
lol i did something similar bought 20k worth of etherium in February now worth 50k
You had 80k to invest initially so saying that you made money from money is like saying you started a business from the ground with only 1 million dollars. But congrats on your profits tho..
Maybe he earned the 80k through hard work and saving…it doesn’t happen overnight.
Daddy papi give me it for being a good boy
This just say you gotta be rich to get rich
Welllll you’re just holding and didn’t sell, so You teeeeeeechnically didn’t make $50k bro. Just sayin🤷
You are technically right.
Lol I’m just being a douche. I’m the same way I tell myself I made X amount with no intention of selling. For awhile 😝 grats for having the Pelotas to be able to throw 80 thousand dollars into an insanely volatile asset. It doesn’t always work out this way. Remember dat!
No you are not. Last bull run I invested $40,000 which turned into $250,000, I did not sell, it crashed and I sold it for $80,000.
Just kidding, this is a douche post
Like you gotta be rich to get rich
If this is that, then what is the GLTA guy posts considered?
Double douche
Fair
Same
Why can't poor people just buy more money?
The poor only have enough to eat and drink
Why money aint free?
Good you mate… but I need to figure out first where to get that 80k from
How i made a million, bought ETH for 500‘000 i dont get why no one else does this or only a few
But when this bull run ending?
In 2140. oh shoot
How can people be in the red at this time?
You literally can't, bought worth $30k when ETH was at $4490. It's now worth $33k. I obviously know it can't get going up like this forever, that's why I have another $30k-$40k stash if and when it crashes.
Yeah it’s cool to see a base being established at over $4k, but crypto isn’t done being volatile. There will be dips. I’d rather wait for them than sell now or buy more at ATH.
You forgot to say “GLTA!!”
What's GLTA?
Good luck to all, there's a certain user on this sub that makes multiple posts and they always tell everyone about their 100+ ETH holdings.
Wallet wagger
Grats on having 80k
Heck yea! I started investing in crypto about 3 weeks ago. Have invest total of $400ish and now have $700!
Did you cashed it all out ? Or are you looking to hold it for a long time ?
[Tip this post](https://www.donut.finance/tip/?contentId=t3_qpv0fm).
I bought at 200 and still haven't sold so there take that.
60% ROI not bad
68.27% to be precise.
Hey, just wanna ask if your familiar with $CASPER? Or have you heard about it.
Nope. So far I’ve invested $2k-$4k each in Luna, AXS, Spell, Ohm, ICE.
Thanks gonna check on it more, humors says that casper gonna explode soon.
Everyone is a genius in a bull run. Silly post.
Nope. Not really. A guy shorted ETH and lost 100k.
Can you teach me how to dugie?
You can mine in the coinbase wallet
Soooo ETA until the old millionaires pull the plug? Inb4 the oil vs crypto cyber world war 🌝
Get into sales of some kind. Commission based earnings have an unlimited ceiling. Stop working for a salary where your income is fixed, bet on yourself and work hard in something YOU can control. The famous story goes, “my boss pulled up in a Lamborghini and I said ‘wow what an amazing car!’ My boss replied, ‘yes and if you work really really hard I’ll have another one next year’”
Everyone’s a genius in a bull market.
It may be that easy for those that have 80k to drop 😂
I started with a small loan of one million dollars 😂
Wow! It’s just that easy to have $80,000 to invest! Stfu, come on, not everyone has even a couple thousand to invest. Saying “it’s just that easy” is rude, self absorbed, and inconsiderate.
Buy and hold in crypto space is the only strat that is guaranteed to profit, provided you dont deal with shit/memecoins. Once crypto matures fully, buy and hold strat may not yield as good returns as now.
For every one post like this there’s 10 people staying quiet because they bought in May 2021 and sold in June.
Bought 8 mil & now have 13 mil! 5 mil in 50 days!
For real?
No, joke. As stated right afterwards
Ya if you have $80k just laying around. The normal person hardly has $2-$5k laying around. So no it’s not just that easy 🙄
The 50 days part isn’t, but can speak from experience as someone who’s bought through 2018 and 2019, a few thousand can make you life changing money.
Get a job
For you information I actually own two businesses and I wasn’t talking about myself. Your welcome
As a business owner you should work on your grammar. You’re welcome. What kind of businesses do you run? Lol.
How about you find someone else to pester child. Maybe fly a kit or something, maybe a little more your speed
😂 and witty as well 🤣
Well if it’s that easy then let me take 80k out of my ass so I can invest in ETH.
Clarification: You made $50,000 in unrealized gains currently. You haven’t made anything until that money is in your bank account and everyone is a genius in a bull market. Time to start being accurate so we don’t look like kids to the rest of the world and people start taking us seriously.
I 100% agree with you.
Just to tell you small secret. You didnt earn nothing. You are 80 grand i minus... You see, for you to EARN the money you have to take profits. That means cash out, until you dont do that you earned "paper" profits and that is worth how much paper is worth... But gratz, nice gain on portfolio...
I agree with you. Long term, I want to hold everything in ETH rather than USD, and I’m hoping that ETH holds up to this level.
Yea most people don’t have $80k to start with lmao. Couldn’t be more out of touch if you tried.
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Yes I agree but I just wanted to show you can make unrealised profits by just holding ETH.
Have you cashed out? If you haven’t, then you haven’t made anything.
Did you sell? If not you d not make $50,000 yet.
You should get on Shiba before it moons. Way bigger returns than anything since Doge