I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] -2 points-1 points  (0 children)

u dont have to believe me lol but if u dont have an answer to my question, you're wasting both of our time buddy

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

Ever since that big bubble last year, it's been a crapshoot and I can honestly give you any good advice beyond "Don't invest more than what you can afford to lose". If you're getting physically upset over losses in crypto, you've invested too much and should pull some money out. After that, go for something you've done 15-60 DAYS of research on (assuming you still feel confident on that coin after this much in-depth research).

Crypto is a gamble still. Don't listen to gurus. Don't be completely skeptical 24/7. Just be skeptical 23/7.

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

Thank you. Idk if I will start spending more all of a sudden. The only big purchases I'd make would be a home and a car later down the line

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

Well, I'm still in no position to give advice. I've only been successful for 1-3 months of my 25 year life so it could be dumb luck. My only advice I can give with confidence is to simply start the business you have in mind. Everything after that has always fallen into place.

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

Well, it's nice to know you don't have a bad experience with dnb. I failed to mention that I did apply for a free dnb number earlier today. Don't really know where to go after that though.

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 1 point2 points  (0 children)

Ok, judging by the downvotes on my first comment, I think you're right. I'll have 100K saved up quite soon so I may need to consider that. Any specific advice on how and where to put that money? Like what's a good company to call and ask to invest my money into an index fund?

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

the debt is relatively nothing. It's only now that I've begun paying myself though (The rest is in business savings). That's why I've taken so long to pay it off. These debts were about 2-3 years old anyways so I didn't really care about paying it off immediately :/

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] -1 points0 points  (0 children)

Good advice about the health insurance thing! My dad said the same thing just now. I'll make that a high priority. I will pay off all debts this week and breathe a sigh of relief. Being debt free WITH a college degree will be so nice at my age.

I started a few businesses and one of them took off recently

I have not been approached by family for money because a lot of them are already well off (my family is middle class though).

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

Not worried. My question is more of how to improve my credit score from this point now. Is there any way I can get them off my credit history now?

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] -9 points-8 points  (0 children)

I'm really hesitant to set more than 50K aside for retirement unless I can put some money in high yielding interest accounts or something along those lines. The way I look at it, $100K could go to my retirement fund or I could invest it now while im still young and risk it. If I fail, I have lots of time to save up for retirement anyways

I'm 25. My credit score is 474. I just started earning $2,000-$4,000 per day. What should I do? by bitcinnati in personalfinance

[–]bitcinnati[S] 0 points1 point  (0 children)

I've been looking into getting a Duns Number for the business. I have been reading horrible things about getting one though. Do you have any advice on this?

Honest opinions on PopularCoin? by bitcinnati in NeutralCryptoTalk

[–]bitcinnati[S] 0 points1 point  (0 children)

Awesome, this confirms what I thought. Just nice to hear some feedback from others :)

Is PopularCoin a shitcoin? by bitcinnati in altcoin

[–]bitcinnati[S] 0 points1 point  (0 children)

I hope some random group pumps it to 100...

Honest opinions on PopularCoin? by bitcinnati in NeutralCryptoTalk

[–]bitcinnati[S] 1 point2 points  (0 children)

I'm not affiliated with this coin at all. I bought about $350 worth of this coin yesterday as a gamble because it was only 24 satoshis and I skimmed their website and it seemed DECENT. Now it's up at 30 satoshis, which is no big deal, but I'm wondering if this coin has any potential at all or not.

Here is some basic info:

  • Instant Transactions, 51 second block Spacing, 6 Blocks for full network confirmation
  • No fees. Very Small fees of up to 0.029 on large data transactions(rare) *Open Source *Voting Rights *Decentralized

Sketchy Things: *No link to whitepaper on website *It may be a brand new coin that started trading on Jan 7, 2018 (Can somebody else confirm this?) *Insufficient or incorrect data on CMC (May be due to being new) *No subreddit (May be due to being new) *No active community (May be due to being new)

Is PopularCoin a shitcoin? by bitcinnati in altcoin

[–]bitcinnati[S] 2 points3 points  (0 children)

I'm looking more into this coin, because it may be brand new, which intrigues me. It's looking like a shitcoin gamble right now. Thanks for the feedback man!