/biz/ - Business & Finance

>precious metals crashing
>US dollar crashing
>bitcoin crashing

Makes total sense guys good job with this, seriously

>alexco dumping so hard
Right when I wanted to get rid of the few share I have on it to invest into another small cap. Sad.

>>22347334
Isn't alexco and discovery metals better for junior, while mag silver, first majestic, endeavor silver and silvercrest metals better for less but sure gain?

Anybody here actually manage to stake with Kleros and act as a juror on cases? I have 44k PNK and gas fees are so high I'm wondering if it's better to stake as much as possible up front so as to minimize the need for multiple transfers. Also, if you receive ETH and PNK from voting with the majority, is it sent back to your wallet immediately/each time? I think this is a relevant concern because it seems like the payouts wouldn't cover the gas fees required to transfer it back to yourself anyway - which negates the point.

Bro just gave me 20K to invest in crypto for him long term. I'm only putting it into PNK or LINK, but obviously I want to make sure my entry points are good so he starts off well.
>Binance will only let me deposit 5000 USD every day so I won't get all the fiat into my exchange account until this weekend at the earliest
>I've been using Uniswap to trade ETH for PNK
>ETH is down lately, so I could buy it at a discount and wait a bit for it to come back up so as to hopefully accrue more PNK and mitigate loss from gas fees
>but PNK is also trending upwards, so waiting might cancel out those gains anyway if PNK continues rising
>LINK is obviously down, so not a bad time to buy in for a couple hundred, but we could see more dumping before we stabilize
Basically, any thoughts as to the best way to order these trades to either minimize my downside or maximize my buying power?

>>21599017
....Citibank Visa? What are you on about m8

>>21579978
>>21580084
>>21580107
>>21580210
I think you guys are oversimplying. Because of lagged effects from the shutdown shock, the trend in average hourly earnings growth appears sharply lower now compared to the pre-pandemic outlook. Distortions caused by the massive shift in the mix of wage earners
toward higher-wage workers during the shutdown as lower-paid service-shit vanished temporarily increased the average. As the economy opened and some of the lost service-sector jobs were recuperated, almost a half of this aberrant surge got erased by June, however, with sharp further weakening ahead imo. Such deceleration in wage growth would in itself be inconsistent with rising inflationary pressures for the foreseeable future. And helicopter money would have to be so high to compensate for that I don't think they'd be able to combat it. In addition, prospects for a strong reacceleration in productivity growth as the economy more fully opens up suggests suppressed inflation pressures over the next two years.

Even taking into account a continued gradual dollar depreciation, which would help nudge up the non-petroleum import-price index after a two-year downtrend, thus eliminating a key disinflation force the negative lagged effects on inflation from the collapse in consumer spending on services and its much slower recovery potential compared to the sharp “V-shaped” rebound already observed in durable-goods spending point to additional “core” inflation weakness as we go forward.

>lurk biz
>look for up and coming memecoins
>invest a modest amount in them
>pull out if/when you've made a decent profit
>repeat
does this strategy work

....should I buy the dip though?

>>18559989
What do futures have to do with stocks?

What, exactly, is preventing the global economy to get right back to where it was pre-pandemic after all this is over, granted that the workforce won't be heavily culled?

We still have all infrastructure and manufacturing needed to do exactly what we did before. It's not like any of it was lost, like it would've been in a war. It was merely put on hold to stop the spread of a virus.

It's literally just a reduction of arbitrary numbers. We still have everything physical needed to keep on going.

>>17760765
https://medium.com/@noogin/illuminating-the-bart-pattern-in-bitcoin-the-momentum-ignition-algorithm-864e7a9949e9

>Momentum Ignition Algorithms function by causing a sharp spike either buy or sell action, thereby enticing traders to follow suit. Following this trend, more traders will place buy orders above significant zones expecting a trend reversal, and short sellers will place stops losses in similar areas, these are effectively buy orders. In order for the algorithm to be most effective it has to push price into these liquidity zones, triggering buys, and from there it can disengage.

>>17283454
K

Where can a burger buy tokenized index funds? I’d love to use something like FTX to buy SHIT-PERP but can’t. Pls help

>>17134162
Overbought isn't a sell signal if you're using RSI the intended way. You're supposed to hold while it's above 70 and sell when the line drops below 70 as this is an indication the momentum has been lost.

RSI is a shitty indicator anyway. MSFT is a hold on daily, weekly, and monthly charts still as far as my hand of Uno cards is concerned.

Only bought $750. Figure it might drop more. Also hard to buy at these prices when I bought at 50 cents lol

>>16546068

I h-have 1.75k LINK.... f-frens will I m-make it?

>>16419678
Or it'll pump to $9k after the last pump.. each one has brought us higher so far!

Are the CEVs i.e. internal hallucinations better on 4-aco-dmt or LSD?

Is the 4-aco worth trying even though I think I've solved all my personal problems?

There's a zillion cryptos. Seems like picking a good one to make money with is impossible?

At what point is making money with this just luck? No country is using them for currency.

This is the lowest it goes

I know several people working in banking, Consultancy and IT. When I asked them how long they would last without a job they said 3-6 months. Like wtf? Where does all that money go to?

>>15796677
>555 thread
>6677 poster
what is happening here

Let's pool ALL our money together, and at the same time, BUY bitcoin on coinbase only, at any price. That way, the price will shoot from $8k to $12k instantly and we'll trigger the next bullrun from normies chasing the 50% gain. I don't see any downside to this. Let's go biz we can do this!