Financial Independance for Men

[Gravel PitParticipant]

Just a friendly reminder to our brothers here that don’t know it. Getting into the Alt-coin world, learning about Coinbase and buying crypto-currency…though it may be too soon to say for sure…could lead to mega financial independence.

I’m not here to give financial advice or to push some coin. I’m a nobody blue-collar worker, 31 years old, a salesman who changes motor oil. I have no formal education worth mentioning and I have a “criminal record.”

But many of us were keeping up with the news headlines and small articles over the years pertaining to Bitcoin. Many of us like me, were absolute skeptics on the subject. I only finally came around about a year ago but sat on my hands, too lazy to finally get it.

I was hesitant because I didn’t understand a lot of things like the fact that I didn’t have to learn a bunch of computer stuff or buy whole coins. I wish I had gotten in sooner and atleast risked a few bucks. That few dollars last year could have become several thousand.

Anyway, I don’t want to come off as too knowledgeable, the stuff I’m into is very risky. I’m prepared to lose all of it (the amount I put in) for a chance at financial independence. I pay my taxes and abide by the law. Anyway, if y’all are new to it or have been in for awhile. Come teach us or learn with us in the Money section of the Forums. We are all fellow MGTOW guys who can help each other prosper or atleast stay informed about Financial Subjects at large, not just crypto.

[CG27Participant 302]

The topic of financial independence and freedom is something that I’ve become really interested in over the past month and although I don’t know much about the whole bitcoin topic or coin currency I would like to throw my two cents in (no pun intended) about financial freedom from a more general sense.

There’s a great channel on YouTube called “MGTOW MONEY” who offers actionable step by step advice about what you can do to improve your financial future today. Different from a lot of other channels which focus on why you shouldn’t get involved with women etc and all the typical stuff which is all obvious at this point for any rational thinking guy.

Anyway, I would look into him as I think he offers a lot of good advice some of it is common sense but you’d be amazed the amount of people out there who can’t get their finances under control.

The single biggest threat to your happiness is women and the only way to win is to not play the game

[Prophet MicahParticipant 1972]

Gold & Silver, Guns & Ammo. That is the currency I choose to secure my financial future.

No Wife - No Strife

[Gravel PitParticipant]

Of course, we all love that guy. He is undoubtedly sincere and was a MGHOW long before he started his Youtuber account. I personally like the content and keep up with it every few weeks.

I moved beyond that though. I was watching Vention MGTOW all these years and laughing at how goofy he is (in a friendly brotherly sort of way). Vention was always into the Bitcoin. I was like, what a fool, he will never make it and is risking so much.

Well, Vention is a millionaire now. I don’t know how many he had but it was definitely north of 50 bitcoins. (unverifiable, I do not personally know Vention). He could start selling them for bookoo dollars. I’m talking massive ROI (Return on Investment).

Most people will give you sound financial advice like “start an IRA or 401K or “buy gold and silver” and that is all well and good and you will probably get a definite, absolutely concrete return of like 1%-2% a year. Nice.

I can only speak for myself, but my approach to investing is more like dump about $1000 into the top of a circus tent and wait for a invaluable pink Pegasus to fly out and sell for $1,000,000…

🙂

[Gravel PitParticipant]

Prophet Micah wrote:

Gold & Silver, Guns & Ammo.

I hear ya brother. Precious metals are always gonna have worth. And guns and ammo are all you’ve got left in a full scale riot and food shortage.

Don’t get me wrong, preppers are prepared and all. All it would take these days is a solar flare and 20 satellites to disintegrate into the atmosphere for us to descend into a future that looks like The Postman. At that point, your assets will be invaluable.

Meanwhile, while as fun as all that is going to be…I’m a convicted felon and can’t even buy a shotgun for home defense… Got paperf~~~ed by the State and by the UCMJ. There are no gold plated M249 SAW’s in my furture. 🙂 And Gold aint gonna triple in price this year. When the satellites go down, I’m all for fun and games. But in the meantime, I’m going to invest in Alt-Coins and see what happens. 🙂 I think both are great investments.

[HermitParticipant 1121]

I have heard people advocate stocks and watched their entire savings get wiped out either through crashes or through bad investment advice. Bit coins to me are no different. It’s the hot bandwagon right now. Anybody who wants to jump on feel free, I truly hope you make a ton of cash.

As for me, if I can’t hold it, I don’t own it. Precious metals are my bag and I am comfortable with it. I keep it secure and add to it regularly.

I don't hate women. I just feel better when they're not around.

[Prophet MicahParticipant 1972]

Gravel Pit wrote:

All it would take these days is a solar flare and 20 satellites to disintegrate into the atmosphere for us to descend into a future that looks like The Postman.

Stop it, you’re turning me on lol

Gravel Pit wrote:

I’m a convicted felon and can’t even buy a shotgun for home defense… Got paperf~~~ed by the State and by the UCMJ.

Well if you live near enough to somebody you can trust to stow away a firearm for you for WHEN SHTF I would say that’s a route you can go. As far as felon charges I’ve always had a beef with that. After you serve your time and have “paid your debt” to society, as they so put it, you should have the same rights as everyone else. Sorry to hear about that. That UCMJ can be a mother f~~~er. After I had a year in I was sweating b~~~~ every day “Is this the day I’m gonna do something so f~~~er up they throw me in the brig?” Lol Worse 6yrs of my f~~~ing life. I’d say Basic Training was the best part about the Chair Force.

No Wife - No Strife

[PrincekieParticipant 1042]

Hermit wrote:

I have heard people advocate stocks and watched their entire savings get wiped out either through crashes or through bad investment advice. Bit coins to me are no different. It’s the hot bandwagon right now. Anybody who wants to jump on feel free, I truly hope you make a ton of cash.

As for me, if I can’t hold it, I don’t own it. Precious metals are my bag and I am comfortable with it. I keep it secure and add to it regularly.

Absolutely. People roll out wagons, and often too many people jump on ’em and lose everything.

Saw it back in the 80s, when the Conservative Party cronies and yuppies were supping champagne and lighting Havana’s with £50 notes. Stocks and shares will “never go down, they’ll always soar upwards”. My uncle got himself into that racket at the right time, quit his job and started making six figures every SIX months through 84, 85,86 then through part of 87. Then CRASH, and he loses EVERY penny. Ends up losing his new home in prime London stockbroker belt, and ends up in huge debts.

Then there was pwopertee…sorry ” property “. I won’t even get started on that one!

[trader1913Participant 1577]

Bitcoin is a bubble; with an element of ponzi scheme. I’ve made lots of money from the bitcoin bubble; but I would never invest in it long term.

It’s the same as the dotcom bubble; don’t get greedy or you’ll lose your shirt.

Long term investments are property, commodities and indexes; which hold their value long term.

[BoBParticipant 823]

I’d like to play. I’ll do a couple hundred and treat it like roulette. “$200 on red, please.” I always do that if I’m in a casino. Then I’m done.

[BachelorForLifeParticipant 483]

trader1913 wrote:

Bitcoin is a bubble; with an element of ponzi scheme. I’ve made lots of money from the bitcoin bubble; but I would never invest in it long term.

This is exactly what I’ve been saying. Crypto currency maybe valuable now, but it’s a f~~~ing bubble. Not only that, not a lot of places use Bitcoin. At least with gold and silver, they’ll always be valuable to everyone worldwide.

I don’t even do stocks because I just see it as risky gambling.

[trader1913Participant 1577]

BachelorForLife wrote:

This is exactly what I’ve been saying. Crypto currency maybe valuable now, but it’s a f~~~ing bubble. Not only that, not a lot of places use Bitcoin. At least with gold and silver, they’ll always be valuable to everyone worldwide.

I don’t even do stocks because I just see it as risky gambling.

There are many ways to mitigate risk when investing in stocks. The best way is to avoid ‘stock picking’ where you try to find the next big thing. Market indexes are very effective at mitigating risk; because you spread the risk across a whole market.

If you can find a good index fund provider, that is passively managed (avoid actively managed funds at all costs; they shaft you using fees) then that is the way to go.

[Eric LauderParticipant 12043]

My opinion is that the next financial crisis will be the bitcoin bubble.
Not in 2018, but for sure before 2025.

SUPREME LEADER KIM JONG-UN'S FASHION STYLIST - if you want a new look or if you're a very beautiful trans you can call me, phone number +85079255312 / mobile 01921421211. The worth of a man isn't the usefulness that women get from him. Avoiding living with a woman, a man isn't rejecting a lot of sex: he's rejecting sexual starvation. MGTOW IS TACKLING DOMESTIC VIOLENCE IN COMPLIANCE WITH CONVENTION OF ISTANBUL: http://www.coe.int/en/web/conventions/full-list/-/conventions/rms/090000168008482e --- Article 4, Section 4 "Special measures that are necessary to prevent and protect women from gender-based violence shall not be considered discrimination under the terms of this Convention". WHAT I LEARNT FROM A GENDER STUDIES CLASS IN LUND, SWEDEN: every time feminists accuses men of doing something, odds are likely either them or persons associated with them are doing the exact same thing but a lot worse. WHO I'M RIGHT NOW https://www.youtube.com/watch?v=J1okpAj7Fhw Basically my former life have been a conflict between this https://www.youtube.com/watch?v=yz_RQVkvke4 and this https://www.youtube.com/watch?v=dFIMeyTK-sU That's, more or less, all about me.

[hmskl’dParticipant 6413]

Bullion is wonderful thing .. and keeping a close eye on spot price when buying ..

also, and in the auction setting, some graded and slabbed rare type coins are really attracting numbers of bidders. I believe people are looking for alternative places to store some hard earned dollars .. which now has spilled into numismatic premiums .. beyond that 2 or 3% zone above or below spot.

[BachelorForLifeParticipant 483]

trader1913 wrote:

There are many ways to mitigate risk when investing in stocks. The best way is to avoid ‘stock picking’ where you try to find the next big thing. Market indexes are very effective at mitigating risk; because you spread the risk across a whole market.

Thanks for the advice about stocks. I do want to get into them, but a lot of times, they’re also confusing as s~~~ to me which is why it seems risky to me to invest in them.

Once I have some “f~~~ you” money, I’ll definitely be putting at least a portion of money in stocks just to get more experience with them.

[trader1913Participant 1577]

Eric Lauder wrote:

My opinion is that the next financial crisis will be the bitcoin bubble.
Not in 2018, but for sure before 2025.

I think Bitcoin is already at the tail end of the bubble. Bitcoin has been grinding up slowly for a few years and has gone parabolic in 2017.

– No underlying value
– Large percentage of Bitcoin owned by small amount of investors
– ‘Crowded’, your average man is bullish on bitcoin, the highest point of bullishness is the best time to be a bear.

It reminds me of the housing bubble; where every Tom, Dick and Harry invested in property and had a 5 year plan to get rich from property.

I don’t know when it will crash, but I hope it goes on for a long time because that will mean the stock market is going crazy.

[Anonymous 12]

Easier said than done but first step is living debt free and living in your own home rather than renting. But at the very least not being in debt as far as loans and credit cards go.

[Gravel PitParticipant]

BoB wrote:

I’d like to play. I’ll do a couple hundred and treat it like roulette. “$200 on red

If $200 is what you want to gamble, start a coinbase account and buy $200 worth of Litecoin. Its predicted to atleast double this year and its better odds than Roulette

BachelorForLife wrote:

not a lot of places use Bitcoin

Youd be surprised, I saw a video today of a dude buying a six pack of beer at walmart with Ripple today, a coin that Amex is supposedly already bought into and use for transactions overseas

trader1913 wrote:

Bitcoin is a bubble; with an element of ponzi scheme

I refrain from calling it a scam or bubble for two main reasons. It been at it for over 5 years solid and is now traded on the futures market. Two, it already corrected heavily from being overbought in December. Now its stagnate between 13K and 14K. The sucker is going rise again for sure. As I said, its been doing this crap for years and surviving.

Crypto in general, has a bad rep because its so revolutionary in a realm people take deathly serious, money. The blockchain tech is what people are after. Banks, credit card companies and people alike will benefit from it, not to mention a dozen other sectors.

What made me jump in was seeing that wall st and banks were getting in. They wouldnt do that if blockchain tech wasn’t around the corner. Theyre getting ready.

I got tired, after 5 years of seeing bitcoin survive and steadily creep into legitimacy. Too many times Ive been skeptical and missed opportunities in life…anyway, I got sold on it and put a 1000 bucks into it.

Anyway, we’ll see.

[Gravel PitParticipant]

TRADER. you crack me up with the candlesticks and trader name. Im having a ball with crypto. Dont mind saying so. I retain aome humility but yes Im a boy at heart treating it like a video game, a cautious game…

[trader1913Participant 1577]

Gravel Pit wrote:

I refrain from calling it a scam or bubble for two main reasons. It been at it for over 5 years solid and is now traded on the futures market. Two, it already corrected heavily from being overbought in December. Now its stagnate between 13K and 14K. The sucker is going rise again for sure. As I said, its been doing this crap for years and surviving.

I hope so! Blockchain stocks have been making me a killing! Have a look at the LFIN chart, that sucker went from $5 to $140 in 1.5 days. DPW was sub-dollar and some blockchain PR pushed it close to 6. So many times I longed those two because the buying pressure was so high. DPW had an offering at something like $1 and its still at $3.50, there is definitely some big money behind the blockchain stocks.

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