/biz/ - Business & Finance

THIS IS NOT A DRILL.
THIS IS AS BIG OF A BUBBLE AS 2018
MARKET CRASH IMMINENT, CASH OUT WHILE YOU CAN BEFORE YOU REOPEN THE PINK WOJAKS FOLDER.

Does it ever get better frens?

>When you put the cruise control on the legal max down the highway at 3am just praying the $5 you put in the tank could carry you home after having a night cap at some Tinder hoe's place because you can't fathom spending another hour with someone you've been physically intimate with after you bust your load
>And you're there with a secret death wish swerving across 5 lanes tuned out to everything while the radio's weekend trance playlist is on full blast because your AUX cord looks like it's been gnawed on by a fucking ferret, and all that's going through your head is what you're going to eat that night
>Because you know what?
>You just spent $5 on a bottle of gin, and $14 on gas going both ways, and have about $6 left for next week, so it becomes a choice between eating some hole-in-the-wall takeout and going through tomorrow sober, or going to sleep hungry and getting shitfaced enough to not wanna kill yourself the next night
>Tough one really, although you always know what you're gonna ultimately chose but you just pretend not to every time


So I'm down 15% on my initial $3k HOT buy-in. It's my life savings, emergency fund and the money I need to continue Uni, please comfort me and whisper sweet nothings in my ear about how it's going to bounce back any day now and net me 100% ROI

>>14546510
>be heavyweight autismo at 14
>start training at 15, fix up body
>get heavily into partying and socializing at 17
>taper down before 19, get into highbrow music, fashion & art
>get basic girls without even trying, still chasing ubermensch high-fashion wifey
>been drinking heavily since 14 and smoking since 15
>struggle to get my dick up after one round sober
>can't even get it up while drunk
>sex is worse than masturbation, too tiring
>stop caring about women and by extension self
>regress even further into the self-destruction pit, gain weight and lose love for my passions
>how will I satisfy wifey even if I manage to get one?
>tfw

>>12430791
>Crypto isn't dead
It's time to let go, Anon.

>>11880525
It isn't funny anymore. Can the joke end now?

How do I get myself into a coma so I can wake up in 2022 or something and check the price of Chainlink. I cannot live in this trash existence anymore because I wasn't taught discipline or independence and cannot look after myself. Every single night I go to sleep I pray that I don't wake up, there is no fucking way I can go another 3 years of this hell just to wait for something that probably won't happen anyway.

>>11203853
South African here whispers through the grapevine is apparently they will becoming for us full fledged EOY 2019. Make of that what you will. I don't work in finance and the only two people I know who work in finance is a hardcore liberal who has the mindset that everything is fine and Afrikaners are still stuck in a outdated mindset and the other guy has been moving money overseas since 2016.

>>11203899
Most likely they said farmers will still be liable for loans even if their land is taken I will search for the article now.

>>11204037
This is interesting I received pictures on a watsapp group the other day of China moving military vehicles through Namibia and Botswana and people coupled this with some very sketchy proof that Ramaphosa was involved. They are really trying to push for a gun grab but they are getting a lot of push back.

Currently I am moving every spare cent I have into crypto and US stocks. I don't really know what else to do.

>>10767485
the pain never ends

nice little rising wedge forming on the SPY 5min
dont mind if i do

>>10229698
dont be an emotional faggot
use fucking logic and not emotion or you will lose a fuckton more than that

you either hold your bags now, or you sell
whats it gonna be buddy boy?
think hard

>>10207593
an entire portfolio made of high delta, short term ITM options

PROTIP: hide the fuck out of your daily P/L from yourself and absolutely never look at it for any reason ever

>>10008221
>>10008131
>theres no real reason for it to go down again
>no reason to go below $6k
>no reason
you sound like a fucking cultist anon
anyway
>Lmao. You realise that oil crashes for actual reasons?
>The BTC crash was an artificial banker pump and dump
you realize oils major trends are created by artificial pump and dump fuckery from OPEC/KSA, right? they create false scarcities all the time. wars and trouble in the middle east can cause market to price in lower supply/increased demand, but the major trends are caused quite literally by manipulation (and the far reaching effects of it).

see the difference is, right now, since OPEC crashed oil so long, their competitors are broke, but theyre almost broke too. since everyones outta business, the demand has soared and supply has dried up. there arent enough producing it. so as a result, all oil countries are suddenly gearing up to make money off oil. and demand is STILL high enough to keep prices moving up. this whole type of price action is because oil is a real thing, and people need it.

this will not happen with BTC because it is not real, and people DONT need it. the only reason people want to hold it is because it will go up. but its not going up anymore. its broken. as more and more people cash out of it, after continually losing money, it will go down. there will be spikes and bounces like any crashing commodity, but the old faggot is right. there is no bottom. there is no floor. and less people holding it means less liquidity. if it starts crashing in a serious way, we will see it go down into literally nothing. the reverse splits will occur naturally as BTCs value decreases logarithmically into absolute nothingness.

TL;DR
ur fucked kiddos

>>9871733
fug neggers amaieright]
??

>>9857221
this but unironically

>>9857212
>TSLA just reported to fire 9% of its workforce. Hard to make those numbers without those people.
wew
sauce?

Invested $4,000 in December, at $600 as of this morning
>me on the left

>>8567777
Indeed, I'm one of them
>checked by the way

>>8386293
>mfw didnt even buy
Missing moon missions is too horrid a feeling.

>>8379437
We don't

>>8365775
Wish I could, I've already lost so much since December I literally have nothing I can sell to put in that wouldn't be taking an 80% loss
>mfw only 3,500 XLM, will be poor forever

>>8305254
Occupation: Sales executive (150k/yr)
Net worth: 350k
>250k house
>100k retirement
>2k in crypto (10k ATH)
Age: 31
Retirement: Whenever I can pull off 10k a month passive (so likely never)

>feels bad man

>>8227388
>There are people posting on biz that came after pharma bro

I'd say lurk more but you wouldn't listen

>>7872035
>And I'm one of them, down 50%, have to HODL to recoup losses
Me on the left

>$3,500
>3 months
>$1,500
>HODL, don't have time to study daytrading
>Senior sales executive
Me on the left

>mfw I wanted to buy in at $0.10 but my ETH was locked up in Coinbase for a week
>mfw FOMO in at $0.50
At this point do I dump my bags at 70% loss or HODL? I honestly don't see it going much lower, at least not until after the February trade show circuit