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/biz/ - Business & Finance

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17761430 No.17761430 [Reply] [Original]

Am I brainlet for thinking this is great time to buy? I mean, the numbers WILL eventually go back up, right? We'll probably never hit prices like this again. The only question is how low will the markets go, but even then you're practically guaranteed to make a profit unless the apocalypse happens, at which point nothing will matter anyway. Am I just retarded for thinking this? Can someone tell me why I'm wrong?

>> No.17761495

> I mean, the numbers WILL eventually go back up, right?

According to a great study by J.P. Morgan, 40% of all stocks experience a catastrophic decline from which they never recover.

>> No.17761540

Yes anon buy buy right now

>> No.17761577

Unironically dont buy.

>> No.17761590

>>17761430
Same but i shall wait until everything is back to normal or maybe see stagnation in a process just wait for few more weeks and then analyse your options once the fire is over

>> No.17761632

Let's say u buy now and it takes 10 years for the stocks you buy to recover-your money was rotting that whole time doing you no good. Why bother?

>> No.17761682
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17761682

>>17761495
Ah yes cryptos, just another stock fellow boomer.

>> No.17761702

>>17761682
call me when BTC goes back to 22k

>> No.17761713

>>17761495
I was mainly talking about crypto. Do you really think LINK or Tezos would be killed off because of this?

>> No.17761740

>>17761632
cuz most of us are poorfags and cant afford to take risk gambling on digital coins.We can only buy once they are down in shit tier prices and hope for better future .We are only worms in the dead bodies of your coins anon we are only worms.

>> No.17761743

if this is a crisis that threatens the petro usd we world war three, there is nowhere else to go. In which case the idea of wealth will cease to exist

If not crypto will outperform everything

>> No.17761752

>>17761713
No not at all. This is temporary panic due to the virus. Once the virus blows over this shit will be heading towards a new ATH for the halvening

>> No.17761807

>>17761713
I'm saying 'what goes down must go up' is a retarded investment strategy, you're just gambling. Sometimes things stay down. Or they keep falling.
Do your research.

>> No.17761888

>>17761807
Corona has nothing to do with crypto. If you thought crypto was a good investment last week, there's no reason to think otherwise today.