/biz/ - Business & Finance

aren't stocks just worthless governance tokens?
all the popular stocks, tsla/aapl/etc, give zero cashflow and only present value if someone else is likely to be willing to buy them for more at some point

My life has been pain since I converted all my crypto into cash and shorted LINK (15% of my portfolio.)
I don't know why market makers decide to stretch these things out--to sucker in more long liquidity before liquidating them? Who knows. Although there's no way of knowing for sure, Alameda has been very open about the fact that they both operate a futures exchange and make markets for large cryptocurrencies. It's reasonable to assume that he has had a part in this market holding up for as long as it has.

>>23259957
it doesnt matter whether you agree with it or not, failing to own an iPhone means you have broken the social contract.
you deserve nothing in life if your sense of self-value is a $100 chink android phone

>>23208818
/r9k/ is mostly discord normalniggers browsing to boost their own ego / put others they see as lower down. plus, most losers there are actual losers, not asperger types who are successful but socially secluded.
a significant portion of people on /biz/ are far beyond their peers in terms of education and wealth

after thousands of hours watching charts, i have found an edge that I've never seen another trader speak of. in fact, people think the complete opposite of the price action phenomena, as it goes against common sense and the integral idea of what technical analysis is.
perhaps that's why I've found it so prevalent in crypto markets--because exchanges know that retail trades off charts nearly exclusively, and exploiting their most widely shared beliefs is beneficial in market manipulation.
while i cannot reveal my market edge, i will reveal to you that the market is due for a colossal correction in the next three months.

30k -> 60k -> 5k -> 80k -> 60k
ok ig

>>23182038
I think u forgot the part where ur risking ur entire stack if there's a black swan

I have made around $150,000 from CORE at the top, i didnt sell there tho, i sold around $7,000 a few and cashed out $30,000. Right now i am at around $50,000 and I DONT KNOW WHAT TO DO. I want to hold but the hype seems to be decreasing, also, DeFi bubble could burst? what would you do?