Anon still calls mom and dad multiple times a month for money.
That last one is unforgivable.
The last three are horseshit.
Say what you will about the morality of the other but at least they are reasonably likely to actually work.
The last three are not.
Crypto is insane horseshit unless you are running a scam, which at best is a huge amount of effort and at worst is oops time to flee to thailand.
Drop shipping and âpickingâ is basically boomer nonsense that requires a huge investment of time, space and money to conceivably make it worthwhile, and it almost always goes wrong, and you end up with a garage or storage unit full of useless crap that wonât sell either at all, or for a profit.
There are so many ways you can get fucked as a buyer or seller on eBay, its ludicrous.
Flipping second-hand goods hasnât been viable at any worthwhile scale in over a decade. Too many people know how to use the Internet now, and usually google their shit before it goes on the garage sale or flea market table. The days of finding that rare vase or vintage toy that the owner doesnât know the value of are gone.
Estate sales. Itâs just a bank or company selling a deceased personâs stuff to cover costs or save them the hassle of getting rid of it. You can get some premium stuff for cheap because itâs not worth the effort to them to do otherwise. Girlfriend found some particular figurines for 25% of what they were worth, but because theyâre not a common collector item (and there were a TON) itâs easier to sell cheap than hold out for the real value.
As the other commenter mention, yes Estate sales and other kinds of government auctions / sales of things like repoâd property or good can be a decent way to find deals as buyerâŚ
âŚbut flipping them is not likely to earn you much.
Only form of profitable mass reselling I am aware of is when youâre selling goods stolen from mass retail theft, lol.
Crypto trade
Thereâs where all the money went I guess. Gotta steal toilet paper to leverage that crypto position. (After youâve already lost everything several times)
You can make significant money by trading crypto peer-to-peer. It is incredibly risky but you can make around 6-7% profit after fees. I made around 2,000-3,000 USD monthly, moving around 40,000 USD in volume. The main risks are chargebacks and account closures.
It wasnât free money, of course. But the profit-to-effort ratio is pretty high once you figure out how to weed the good clients from the bad (scammers who will pay, receive crypto, and then dispute the payment).
Do not ask me how to do this and do not reply to anyone who comments below claiming to know how, because theyâre probably a scammer.
Investments are not effort-to-profit. They are risk-to-profit.
There is no such a thing as risk-free investing. If there is an investment with good returns, it means itâs just as easy to lose all that money.
This is not investing. I did not ever hold significant amounts of cryptocurrency. People would ask me to sell them crypto and then Iâd buy it on a crypto exchange and then sell it to them.
I do not believe holding cryptocurrency qualifies as âinvestingâ. It is much closer to gambling as the entire valuation is purely speculative. I get that all investing is gambling to some extent, but itâs not the same as stocks, for example, because holding stocks gives you voting rights for a companyâs board of directors and entitles you to a portion of the companyâs profits in the form of dividends.
There is risk, of course, but it is not market risk.
A high effort to profit ratio would mean a lot of effort for a little profit.
Anon is NEET but has a flatmate? Isnât part of being NEET living with parents?
not necessarily. some people get on unemployment and ride it out for years.
All this put together sounds like a job