/biz/ - Business & Finance

itt: biz pro tips

>>11317186
Yes, play videogames without feel like I'm wasting my time by not earning money like a slave.

>he's going to spend the 2 year bear market refreshing biz instead of making more fiat

>>11234491
I was never really into economics at all (before crypto), but here's my brainlet way of seeing it.

In a given financial market, everything can really be reduced to a bet. When you buy an asset (BTC for example) you're betting that it's going to appreciate (on a dollar basis), and you stake real value on that bet (your hard-earned cash/buttcoins).

This is all derivatives are, btw. That's why they're called derivatives - they're a "layer of betting" built on top of an existing betting market - say in this case buying physical BTC on an exchange. The settlement of the 2nd-layer bet (derivative) is rooted directly in the settlement of the base-layer bet (BTC appreciating in dollar value - or in other words, the sum total of the result of each market participant's individual bet, which is measured in, of course, the degree of appreciation of the asset being traded (BTC), against the base asset (dollarz).

The only difference here is that the "base-layer" of betting is defined by hard physical limits in the real world, which turns out to be simply the actual asset itself trading hands. From that you can only derive a 1-dimensional measurement of value exchange, which is the amount difference in the dollar basis between the time a given individual starts holding that asset, and when he sells it. So the entire exchange of value is "locked-in" to solely the period during which he holds the asset.

Derivatives then, not being limited by the physical exchange of "stuff" like the asset itself is, allow another dimension of flexibility in the way the market's flux of value occurs. Hence, it kind of equalizes buying and selling - no longer are you limited to appreciating or depreciating your cost basis only after a single physically defined, one-sided process of exchange (which is.....buying....the asset..), but you can turn the whole process into just an arbitrary exchange of risk between individuals.

Also it's good for market health as others pointed out.

Its down about 85% from its high, getting destroyed like every other alt. It seems like its time to buy. What am I missing here? Or should I stick with Bitcoin? I want a hedge of top coin with my shit coin alt investments. I also considered picking something from the group under consideration for Coinbase, but that is probably too risky

>>11185777
Yeahh but that's not much more than simple arbitrage, and doesn't even involve crypto in any significant way.

I'm trying to think of something that takes advantage of the unique features of crypto as opposed to cash (instant, fee-less, regulation-less..) in cases where that would normally just be a given, that precludes doing <some form of value creation> that wouldn't be possible otherwise without crypto.

Or, at least something that takes advantage of the lack of normie awareness about certain untapped aspects of crypto - i.e. hey you fucking idiot, did you know you can download this program and make passive income just by leaving it open on your computer - that they simply don't have the knowledge or incentive to care about yet.

Are there many options besides find a niche item and sell it through e-commerce, although most markets are over saturated now. What to do?

I always try a few random pages when this comes up. This time I got lucky, 7.2 BTC!! HOLY FUCK!

>signed up to study finance
>realise I'm not even good at excel
well it was fun guys. Please be nice to your server at McDonalds

>>10780193

>>10529263
What's the trick to not getting caught on the googs (or the others)? I'm about to set up a jewgle cloud account with the youtube tutorials, but I assume they got smarter since those videos were made, and I've heard there's some trick to prevent detection.

kek
brainlet galore here
no it's not a keylogger or a malicious website delivering a payload.no watering hole attack/drive by exploit here
however what he's saying happened has such a negligible probability of actually occurring that you can safely dismiss it as bait.
my guess is good old inspect element.that or some incredibly flawed piece of code in a wallet generating keypairs,either by incompetence or malicious in nature.
sources:
https://lbc.cryptoguru.org/about
https://pastebin.com/jCDFcESz
http://hespoke.org/shuffle/

>>10354671
Yeah which is like what not even 5% in addition to the 2% community rewards?

Who cares? It's a clone. You wanna wait for the official version? Go for it brother. Meanwhile I am going to sit comfy in this one making gains. It's up to you

>ADA will make x30 and get to 140 billion mc

get help

https://www.youtube.com/watch?v=BOzt57yjDAU
Has anyone else heard anything about this? Any resources or information? He says it around 20 minutes in.

>>10088563
>everything went according to dan’s plan
>except the constitution, which is pretty easy to just stop using.

my face when they seized Bitcoin cash.

>4k tomorrow

fucking retards man.

>>9946447
>bounces 10% after reaching a new low
it's manipulated guiys

>>9920343
concur.
people wanted institutional money.
well, they got it.
but they're not buying you lambos. they're grinding btc down.
reading: https://medium.com/@super.crypto1
but yeah, prepare for eth futures next. cboe's stoked it wasn't declared a security. that means they can start the same bullshit with eth as they do with gold, silver, oil and now bitcoin.
life is adapt or die. we either adjust to this new market or we leave. but look at the volume, it speaks of exactly what choice so many people have made since getting burned over the last few months.
anons need to wake up, fast.

So I currently have 760K TEL and 8500LINK (Yes I went hard on the meme coins I'm aware) Both projects will reach Jupiter if their respective teams meet their projections and obtain real world use. I didn't start until the almost the very end of the bull run, but luckily the money I have tied up now is almost all profits I accrued at the end so losing what I have means nothing to me. So besides remittance services and and applying data through oracles what is another niche area or project to help my diversification strategy. Again I don't mind if its high risk, nor if its a long term hold. The only other though I have would be maybe dropping some funds into a more stable coin like XMR, while getting the added benefit of being privacy based and much different than what I have now. Thoughts? I also like NAS and also may want something with that I can get dividends or passive income now. Thanks