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/biz/ - Business & Finance


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10024321 No.10024321 [Reply] [Original]

Legalized for recreational use only a few days ago...is this the new crypto or am i a bainlet? Also how the fuck do you get in as a eurofag?

>> No.10024355
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10024355

>>10024321
Tempted to buy right now.

>> No.10024361
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10024361

>>10024321
NEW FUCKING PARADIGM

>> No.10024373

I think they’re in a bubble. Everyone and their mom knows to invest in weed stocks

>> No.10024374

>>10024355
looks really nice but i know nothing about stocks so i dont wanna go in a like someone who bought btc in december....

>> No.10024381

>>10024373
oh ok, so its normie-tier already? havent been following the real world outside of crypto for a year already...

>> No.10024424

>>10024373
this
>>10024374
don't

It's too late. ironically buy chainlink if you want a chance. 2019 -2020+ youll start hearing about smart contracts. once people know wtf a smart contract is it's too late. Weed is already going to be legalized and a bunch of these people who own weed stocks have to wait like 2 years before they can sell. You'll see the biggest dump in legit stocks (no china shit). Once those people cash out, depending on the timing they might go into crypto as it should be more regulated and easier to buy in for instance. There's always chances to get rich, just be ready for the next opportunity. Remember, cryptos have NOT impacted any company's balance sheet. Just wait. I'm not saying Link is your answer, but it's one of the best chances to take. ETH is probably the safest protocol, and its impossible to tell with Cardano / Stellar / whatever other shitchain who will win. But chainlink's competition is low. Which is a better bet to park your money in.
If you want to just buy stocks, buy Intel. SGX will be the norm when smart contracts roll out and you don't have to worry about which crypto will win. But Link will have a bigger gain if it can pull through.

>> No.10024447

>>10024424
I'd also like to add, Weed stocks attract retards. Everyone knows one retard who is retarded but a mastermind in weed. Yeah he's buying weed stocks. Does he know about finance? No.

>> No.10024450

>>10024373
Gonna wait for the bust then buy if this is the case. If legalization continues in America, I might want to grab an American company share and ride it.

>> No.10024455

>>10024355
You wanna buy double top? Never change /biz/

>> No.10024469

Look at that huge volume on the second top, I would short that immidently.

>> No.10024475

>>10024321
>being that guy who buys the news when we knew this would happen a year ago

canopy traded at like 4 dollars in sept 2016 lol

>> No.10024489

>>10024455
I checked those number, I'm not buying.

>> No.10024548

>>10024424
Completely agree. I legit think biz meme coins like link and amb are gonna be the next big money maker that normies will fomo into within the next year or two.

>> No.10024600
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10024600

thanks /biz/ its actually nice to have discussions here now that all the decemberfags and pajeets are gone...looking forward to this bear market and the talks with bizbros...

>> No.10024650

>>10024600
biz 2015 was good, but it wasn';t nearly as funny though. The crypto memes are actually pretty funny and it reminds me of pre 2007 era 4chan.

>> No.10024664

>>10024600
So why are there so many street shitters involved in crypto? This board probably has the highest concentration of them on the entire site.

>> No.10024687

>>10024664
Crypto unfortunately reads as get rich quick scheme so pajeet thinks this is a way out of shitting in the street and driving a lambo with white busty blonde women.

>> No.10024695

>>10024664
>i watch anime and want to get rich
>/biz/
>magic internet money
>my 150$ i was gonna spend on this futa figurine just 3x'd in a day! wow
>2k in crypto jan.
>I'm gonna retire next year
>300$ now
>pinkwojak
>cash out
>buy two anime figurines

>> No.10024700

canopy on the tsx broke out of the double top.

>> No.10025810

Canadian weed stocks = nope

US weed stocks = yes

If you believe the US will legalise buy in into Ianthus capital could make you very fucking rich

>> No.10025866

Canopy growth is a multi billion dollar company. And if you dig into their numbers this doesn't seem justified. Yea, dude weed, etc. Canada likes weed. But damn. I don't think the valuation is very accurate. Buying now seems like not a good idea