/biz/ - Business & Finance

>>27485600
Correct. It's similar to how back in ancient times, people used mythological narratives to help explain and understand the world around them. Redditfags area fedora-tippers, but this innate part of the human psyche persists, and so instead they latch on to capeshit, harry potter, star wars, etc. It's just that instead of having a pantheon of greek gods, they now have a pantheon of marvel super heroes.

>>27246659
rip WSB. Just like how OWS was taken over and subverted by a bunch of blue-haired feminists and faggots, the same thing is now happening with WSB. Except it's happening even quicker, since WSB exists on reddit and so the other 99.9% of reddit that's made up of liberal faggots instantly poured in as soon as WSB hit the news.

If I were a WSB mod, I'd just straight-up ban everyone that never posted on the board before a week ago. It's the only way their thing will survive. Otherwise it's going to get taken over and diluted out.

>>26546503
His advice is legitimate, but it's extremely basic shit tailored to low-IQ normalfags who lease expensive cars on wagie salaries and rack up fucktons of credit card debt. The reason he's against crypto is because he knows the 85 IQs that he's trying to save would immediately buy the top and then panic sell the bottom.

Most people cannot make it in crypto or other volatile markets. They don't have the iron hands, patience, or foresight for it.

>>25615992
it would be the exact same effect as the corona crash
>short term crash due to market uncertainty and people liquidating their positions to cover debts
>long term super-bullish because of the collapsing value of the dollar

worst case scenario just hold through it, just like how chads held through the corona crash and bought the dip.

>>23827586
Because as soon as it's happened enough times for you to recognize the pattern and act on it is precisely when it'll break the trend and fuck you over.

t. got burned a bit thinking I could profit off link continuing to ping pong back when it was crabbing around 4.00, just for it to finally break past 4.50 and then go parabolic

>>21010329
DeFi and crypto-collateralized loans will mean an end to the jewish good goy points system