I saved up a lot and don't know what to do with it. I get depressed seeing every new paycheck...

There's no guarantee, there's risk associated with everything. If you want some boring 5% stock or some CD that barely keeps up with inflation then go for it.

Take a look around this board. Everyone here is gambling that crypto will take off and they'll be the early adapters and big winners. To me this board is like going to a craps table at a casino. We're all winning and losing to some extent together which is what makes it fun for me

BTC: 16FfkaSVP7SEu3MMa1ZhpEXuuH2GJ8HHDN

Do it senpai

Your psyche profile is typical of a kid who grew up poor and then came into money.

No easy solutions. Just remember that and all or nothing attitude is a mental roadblock and will eat you alive.

This sounds a lot like the thought process that made me realize something is wrong with my brain. I have a bunch of money saved because nothing I do with it makes me happy.

I probably would, but i can't buy btc until i know where i want to invest, until i'm sure that it's the right place to invest, until i know why i'm sure it's the right place to invest, until i know how it actually works.

What to do if you completely lack the drive to gamble. I've never developed it because the risk of losing money always seemed way greater. So investing in anything that i don't have a direct influence on seems to risky. Can't really depend on anyone.

Any recommendations on where to start, to get rid of this?
I hear this a lot. But when you chose where to spend your free time, there's an option to start exposing yourself and better understanding how the real world works. But there's also always an option to gather more mental support for your maximalist views. I go with the latter. But then i see all of you guys making billions, already now. And i kind of want that now also. Or at least the potential of that.
It's very hard to find like minded people, IRL...

You're not alone user, right there with ya. this shit's nerve-racking. Personally I'm just going long with my crypto investments. found a couple options that seem like they'll produce real world tools and platforms, I'm too reactive and lack the experience and foresight to do the day trading with crypto. I just check unit prices now and then and let it ride...

>best way to spend money?
fuck up your life

Same here. And that's to my first point: there's a certain level, below which it doesn't seem to matter how much i have. Once you reach that level, and to me that is when money is not an issue to me and the ones that surround me, you have this additional sense of security.
It always confused me how Tamar Gendler referred to money as having only instrumental value. To me a certain level of it has clear intrinsic value. It brings me a sense of security, regardless of whether i chose to buy things with it. It offers me opportunities, ones that are not available to me, when i don't have it.

so TL;DR is basically you have everything you've ever wanted in life and don't know what to do to keep you entertained. Man i wish i was you :). I know a shitton of stuff i would buy if i had the money:
I'd invest more in crypto
buy a nice house+nice car
travel to all countries ive ever wanted to visit
buy a new computer
buy a paramotor and take flying lessons

That's interesting. Going long made total sense to me, until I started watching Chris. The way he points out there is absolutely no need for tokens in almost all projects makes sense. That then hinders me from investing in ICO's, for the most part.

How to overcome this?

i have a message for you that you are not ready for yet in this lifetime, but you will eventually benefit from.

you are too attached to the material world. you do not need any money to survive.

sell all your possessions, give away all the proceeds, empty your bank account, and wander the world. you will still not find what you seek, but you will be further along the path.

what are your crypto choices if i might ask? :)

>Buy "Doing Good Better: How Effective Altruism Can Help You Make a Difference".
>Read it.
>???
>profit

I will help you build a diversified investment portfolio and a plan to achieve all your dreams for BTC

im the real deal

BTC: 1M1Rfz9r1ddWi2qRWJpcBqNUgN5hXT6S4y

contact me [email protected]

I might become like you in the future, tell me how to avoid it.

Invest large in Ethereum and bitcoin.

There is a fixed amount of Bitcoin so the value will rise as more people use it so there's an inherent advantage to getting others to invest. A bit of a ponzy scheme.

But make sure to have money invested in Ethereum because it's the superior technology. It has the security of Bitcoin with fast transaction times that are perfect for being developed into fast web applications for manipulating funds securely, see something like shapeshift.io. Nothing remotely like that exists for fiat.

Either Bitcoin stays around as a store of value or one wins big but the one that wins big can't be Bitcoin, so invest in both.

I've converted all of my fiat except for $10k into a mix of ether, bitcoin and a range of altcoins.

Then you can live as if you have infinite money, a large enough investment almost guarantees enough gains for life.

I would love to do all those things. The savings i have are not enough to get all of that. At once. In a manner where i don't have to worry about the details, and just get the best of every kind. And that's the only point where it's pleasurable. If i have to compare hotel prices, to figure out whether i'll have enough money to go to the next country, that's not fun anymore.
What I do have is enough where a reasonable man (or lady-man) would start investing, diversifying, had they the right skill set to know where to start.

Don't want to own A car. So that then there's new shit to stress out about.
Don't want to own A wife. So that, when she wants a new purse, i have to skip repairing the car.

Do you see?

I wish i knew. That's why i'm here.

Are you recommending this based on experience?
That is always an option. But it's to easy. While i still have strength, i'd like to try to make millions.

You should check out digital nomadism. Essentially just using technology to move around without owning anything more than a bag on your back.

The only expenses you then have are services, and if you have 2 debit cards, one linked to USD and one linked to BTC or ETH you can make trades by deciding which card to use on any given purchase.

You also rely more on public transportation and interact more with the places you go as you rely on local services for all your needs.

I don't care about people that are not close to me. Would that read still be of relevance?

that old addage of not investing more than you're willing to lose, either we're blasting off or we're gonna be broke AF. set up what you think will work for you and head back out to wagecuck and squirrel that cash away again, if nothing else it'll keep you busy.

I always wondered how nomads are able to maintain a stable income. Consulting?

In any case, that would be the in between solution that i don't need. It won't help those close to me be more secure. And won't help me get closer to a mansion. Before then, i'm perfectly ok with living in a box, under a bridge (as long as there's stable wifi)

Sure why not, NEO, CVC, jumped on Greenmed, missed the boat on Paragon, I'll be watching for Kyber to hit the exchanges; aside from that keeping an eye out for other projects like Decentraland which looks like it could have a lot of promise but I'll probably wait for more information about the interface and implementation. bear in mind My investment strategy is not choice or well informed by any means I do try but at the end of the day I'm fumbling in the dark hoping that I'm catching the train early which should be better than being well informed after the market is saturated with mainstream moneys.

Digg this

Seems like a complete waste of time if it doesn't work out. Like, learning nothing. And the prospect of everyone else losing their money with me doesn't make me happier, or less poor. Should it? Am i missing out on the community aspect of this?
It did seem like "the markets are down" was a perfectly valid excuse for being horrible in your finance job, in 2008...

Nah, co-founded a company, got VC funding, write code.

Though living in a rural area for a while might be a nice contrast to urban life. Switching between the two could offer a nice contrast. The under a bridge with wifi place sounds nice desu.

Most nomads trade between expensive cities/countries and cheap cities/countries balancing the cost of living to an affordable point given their current income.

Doing that with crypto could work, china bans ICO's time to go Thailand...

Depends how open you are to being convinced by good arguments.

>Nah, co-founded a company, got VC funding, write code.
Form what i've heard /biz is all about crypto now, so i'm glad to see this, as it was what i was fishing for.

How did you get to meet the other people, that were the initial founders? How important it is for them to be your lifelong friends?

If I had infinite money I would learn to fly a plane, deep sea dive, fucking take karate lessons, learn to sail... the possibilities are literally endless and your sitting there moping about being depressed because you don't know how to use your money? Get a grip dude...

How did it change you?

Very open. But after accepting that there's no ultimate truths, I chose to stick to that image of myself, that i've already heavily invested in (my life up until now). The switching costs seem unreasonable. So I'd rather find arguments to support my ultimate, non-altruistic, world-view.

Yuup 100% agree with you, it's a gamble. that's why I choose coins I believe backup a applicable idea rather than one of the hundreds of meme coins that that pump and dump with no purpose beyond fast money. I don't have the energy for the day trading aspect. Nah beyond the slight coalescence in places like Veeky Forums (and even they're trying to shill and FUD one another) it's every user for themselves. The decentralization and big gains are the draw, you could always head over to the stock market though given what's going on I think their may be another recession on the horizon which is what I am really waiting for, grab land and stocks on the cheap and live on rice and water for a while while the market recovers and gets bullish again... people never fucking learn!

either be exploited for your labor, work for yourself, or gamble or a mix; I will say everything you've said so far applicable to your situation sounds literally exactly what I wrestle with on the daily. Uncertainty is a bitch and doesn't go away unless you let it go; obviously be as well informed as possible but nothing's 100% unless it's fixed.

So, what are you doing to get to infinite money, that you're too busy to mope?

It's not about how long you've known them, it helps when you've been through previous failed businesses and have seen how they handle it.

It's really just about trust that the other will fulfill their role and yours if necessary/capable no matter what.

When you co-found a company and have no other job what you're saying is this is my primary form of ontological security. Nothing is more important and it may always look/feel like you're going to fail. But the road to a successful business is paved with mediocrity, and telling the difference is what gets you through it.

Or unless you do it yourself. Right? At least then you have no one to blame if you fail.
Right?

Other ways of getting financial security? How much is enough to feel secure?
I have to go to an erotic art exhibition.

make a list of 12 places to visit for comfy living, then spend a year traveling there and living 1 month in each.

your own ICO? if you have an idea more power to ya; if I had any useful tech skills I'd be pouring my energy into some form of crypto tool!

My policy on investing is buy small amounts of ICO's that I find interesting, because they offer large returns for little principal. Buy large on coins that you technologically understand, that have products built on top of them and that are proven.

Right now really only 2 fit that well, BTC because for a while it was the only coin and now has drug markets/various investment use, and ETH because it is a superior technology and is being used for ICO's and distributed applications.

Both have diverse economies built _on top_ and are secured by that decently.

As for altcoins, most do seem to offer a product that doesn't necessarily need it's own coin. An interesting one is 0x, which is a coin for exchanges ERC20 compliant coins.

Yea, founding yourself is feasible assuming you have the technological knowhow and time. But again, the key is actually having a useful technology/business that you would objectively look at and say "yea, i'd pay $5 mil to see this built more".

this

I don't know what to tell you OP my life isn't bad and I'm not even rich. Don't dwell on what your missing, appreciate what you have.