/biz/ - Business & Finance

Help me out here /biz/. So diversification is a meme because everything is pretty well correlated to Bitcoin and even more correlated between themselves when it comes to mid caps (so anything in the top 100). But doesn't that mean diversification is good because it protects you from a project going to zero? For example, ONE moves similar to a lot of other projects EXCEPT after the exploit, it really got fucked. So essentially diversification is protecting you from those black swan events. Stuff like this, while probably lower on big boy projects like matic and avax, is always a possibility.

Am I missing anything? Also fuck HBAR because I know you stupid faggots are gonna shill in my thread

>/biz/ was saying to get out of bancor asap before they rug
>OPs had tons of images and links showing how fucked they were and kept posting the same shit over and over again
>50 posts by this ID was pretty common
>self proclaimed link Marines and appealed to fellow Marines
>celsius exits
>ghost town despite the fact that ILP is still off
Where'd you all go? Kek I hope nobody fell for this shit.

I'm startint to get scared

>>21818102
Shitcoins across the board are falling because eth is such a piece of fucking shit. You still need a fiat onramp and binance doesn't even offer that so you're stuck with other options and get stuck with the tether scam.

Enjoy your 20 dollars for gas fee faggot

Yeah the scummy thing here is that it is obvious that CDC was manipulating the price for the last few months. We would have been in the six dollar range by now otherwise. Sketchy as fuck.

>>19003508
Yeah. And link hitting the 20s is still a modest market cap. But currently all forces driving its price is speculation and I don't think the tokenomics line up with the crazy valuation everyone wants it to have. And even if it does surpass eth cap, I think that's years off from what I keep seeing on the project. So, while I have a position, I'm still betting on fantom as I like everything I see out of the project today and think at its current valuation, there are more short term gains vs link

>>19003528
>That's ok. Some of us bought in at .20 and $20 is huge profit.
Congrats. I was a poor college student and didn't believe in crypto 2 years ago so I didn't buy anything. Instead I lost all my money gambling biotech options. Go figure.

Idk senpai but I don't think you should use Robinhood. It's not very good, and a lot of complaints exist for it. I use webull these days and imho, way better. Full after hours trading, more complicated and useful market data, better layout to give you an idea of the total market, and more complex order types. The way Robinhood handles options is why I left, order types are whack. Here's a link if you want to help me poo in the loo https://act.webull.com/i/Q7r61HVDk7aP/oo6/

As far as your thread goes, I blame the SEC more than anything. They write a lot of these rules and force them to be enforced on retail traders to make sure you can't make it.

>>18954534
I'm mostly paid off too dumb dumb. Stop dragging me into it. It's shitty to not implement beneficial changes because WELL THAT'S NOT FAIR. Life isn't fair. Can I get a piece of that unemployment pie, even though I'm employed? Or how about the fact that there are people right now who get better healthcare than I do for free? Or should we also compensate criminals who were convicted hit released because the law changed?

The world is bigger than you, retard. But the cycle just continues to repeat and get worse because rich Jews profit off of people who only care about "getting theirs" and if the entire system cracks, then you're going to feel it as well. Just leave society then if you don't care about it.

Dag volume dropping just like schizos argument. Sad!