[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 98 KB, 770x814, 1588602978017.jpg [View same] [iqdb] [saucenao] [google]
19462378 No.19462378 [Reply] [Original]

I have over 30k sitting in my account and dont know what to do because this economy makes no fucking sense. Shitcoin pushing indians can fuck off. Do I go in and risk the drop that should be happening or try to wave the wave that shouldn't exist?

>> No.19462403

>>19462378
Same but with 60k

>> No.19462414

>>19462378
Buy some physical silver at bullionvault.com

Buy some gold and silver stocks. Do your own research.

>> No.19462415

>>19462378
Dude, just buy a little bit of bitcoin, a little bit of ETH, some LINK and SNX.. oh just buy STA. Good way to diversify and leverage the gains

>> No.19462456

>>19462414
Im not investing in all time high silver and gold

>>19462403
What do we do friend?

>>19462415
>>19462415
No shitcoins pajeet

>> No.19462473

>>19462456
I'm just gonna sit tight

>> No.19462497

>>19462456
>all time high silver
Uhhh.....

>> No.19462542
File: 100 KB, 1752x1080, 1589588806303.jpg [View same] [iqdb] [saucenao] [google]
19462542

>>19462378
>>19462403
120k here

Waiting is one of the most important aspects of the game.

You either take the big L and stablish a reentry point or wait for the price to go back if shit doesn't makes sense to you.

In my we still below adamantium 10k support so anything could happen

>> No.19462570

>>19462542
*resistance y meant

>> No.19462578

>>19462497
Gold is

>>19462542
>>19462473
I guess ill do that. Buffet is sitting on cash for a reason. I hope the drop comes soon, I hate sitting on cash just doesnt feel right.

>> No.19462623

what the fuck did you do in march?

>> No.19462660

>>19462378
You're clearly too low IQ to manage your money properly. Give it to me and I'll double it in no time. Send me 30k I'll send you back 60k.

>> No.19462704

>>19462623
Listened to a broker and didnt buy. Ended up making a few grand instead of massive gains as a result

>>19462660
And how will you invest it? In shitcoins?

>> No.19462725
File: 186 KB, 594x1286, 0.png [View same] [iqdb] [saucenao] [google]
19462725

>>19462378
That 30k will retire you If you manage to get it all in here before 10:00am tomorrow :)

>> No.19462727

>>19462378
kek get fucked bobo

>> No.19462753

>>19462704
what of broker doesn't fucking buy the dip

>> No.19462762
File: 46 KB, 831x662, Scammed.png [View same] [iqdb] [saucenao] [google]
19462762

>>19462725
Are you the guy that told me this was going to 1 dollar but sold before one penny?

>> No.19462775

>>19462753
He said it wasnt the bottom, to wait a few months for the bottom

>> No.19462806

>>19462456
>ath silver and gold

Are you high? We're at ath inflation and financial bubbles.

Only things that have been in a bear market last decade are gold and silver, LOL. Good luck!

>> No.19462827

>>19462806
You mean all time deflation

>> No.19463074
File: 492 KB, 828x1792, 411BD282-DE93-463B-B0B9-26928D4B0AFF.png [View same] [iqdb] [saucenao] [google]
19463074

>>19462762
Hahahha fuck no.

Rule number one. Do some fucking DD before buying.

The yield sign is it markets saying “hey retard it’s a scam company don’t buy”.

>> No.19463102

>>19462827
that also has a float of fucking 19billion. My stock I posted has a float of 70mil and 50mil got locked up today....

>> No.19463108

>>19462827
That shit dosen't last long probably like 6 months to 1 year then hyperinflation 6 years to life ...

>> No.19463123

>>19462378
Same but w 315k not sure what to do w it

>> No.19463126

>>19462827
Good luck with all your hopes and dreams!

>> No.19463154

>>19462378
ARE YOU FUCKING RETARDED
LIKE SUB NIGGER IQ RETARDED
IF YOU CANT SEE WHATS COMING

BUNCH OF FAGGOT LIB NIGGERS WITH MMT HYPERINFLATING THE DOLLAR
CONTINUED PRESSURE ON TRANSACTIONS FOR SOCIAL CORRECTNESS
VILIFICATION OF EVERY VALUE PRODUCER IN THE ECONOMY

IF YOU CAN'T PUT THAT TOGETHER LITERALLY FUCKING KILL YOURSELF BECAUSE YOURE TOO FUCKING NIGGER RETARDED STUPID TO EXIST IN THE COMING UTOPIA

>> No.19463168

>>19462378
short btc

>> No.19463172

>>19463102
Probably cant buy on RH anyway

>>19463123
That faggot buffet with all his insider info better be right

>> No.19463207

>>19463172
I bought on TDAmeritrade idk about that app. It's worth a shot at 9:30

>> No.19463216

>>19463154
So you are saying I should buy?

>> No.19463263

>>19463216
IM TELLING YOU EXACTLY WHAT TO BUY
NOW

>> No.19463284

>>19463263
You went on a rant about niggers so is it fried chicken you want me to invest in?

>> No.19463293
File: 639 KB, 700x1000, 47B01641-07C8-4E97-9D92-6B1243BA4C59.png [View same] [iqdb] [saucenao] [google]
19463293

Get a dark node

>> No.19463324 [DELETED] 

>>19462827
The government owns the markets. They'll pay you millions of monopoly dollars while holding a gun to your head to keep society rolling.

>> No.19463332

>>19462414
I agree with this guy, at least start buying in slowly, you don't want your entire portfolio to be PMs but maybe drop like 6k over the next few months. If you want stocks maybe some silver or gold etfs or mining companies

>> No.19463338

>>19463284
I told you to buy SKDI. You probably won't so do my a favor and just check the price at EOD. I want you to suffer for not taking this fucking gem.

>> No.19463367

>>19463338
According to the ID you are not >>19463263

Besides I checked RH and cant buy on there, using another app would take a few days for a transfer to go through so we will see if you are right

>> No.19463435

>>19463367
Oh I'm using my phone and computer lol.

>> No.19463446

>>19463284
TURNS OUT YOU'RE TOO NIGGER YOURSELF TO UNDERSTAND

BUNCH OF FAGGOT LIB NIGGERS WITH MMT HYPERINFLATING THE DOLLAR
CONTINUED PRESSURE ON TRANSACTIONS FOR SOCIAL CORRECTNESS
VILIFICATION OF EVERY VALUE PRODUCER IN THE ECONOMY

THIS IS ALL YOU NEED

I PROMISE ILL BE A KIND MASTER
SLAVE BITCH

>> No.19463457

I bought Tesla on Friday morning. I put in my 54000. Now what?

>> No.19463469

>>19462378
Do you think you are more mature or wiser by avoiding shitcoins?
Your money is useless if you are not building something with it, its either that, or invest it in something with great yield, of you think traditional investments are safer than shitcoins you are in for a great surprise

>> No.19463485

>>19463446
WHAT ARE YOU TELLING ME TO BUY MOTHERFUCKER

>> No.19463514

>>19463469
Shitcoins are great when you are a discord pajeet running a pump and dump. Other than that they are worthless. At least with stocks I own part of a company and dont really ahve to worry about someone like coke going to zero

>>19463457
I to this day cant understand how that stock is so high when Tesla bleeds money and musk is constantly calling people retarded for buying at these prices

>> No.19463658

market makes perfect sense
only babies cry clown market
smart boys recognize what is happening, and whether they liked it or not, bought xle calls at the bottom and are making ducats

>> No.19463678

>>19462378
Buy Statera and prepare for the bullrun

>> No.19463679

>>19463658
I see, covid numbers about to skyrocket from these crowds, everything on fire, potential trade war about to kick off. Yes very bullish. About as bullish as jamal with your wife

>> No.19463692

>>19462378
silver.

>> No.19463730

Put it in OMG. Mainnet product just launched, it’s near all time lows and the ceiling for the tech is miles above where the price is at the moment (5%) . ATH was $28 Based on speculation for what is currently happening. Add to that, OMG is on an uptrend anyway. The likelihood is that it will increase in price in the short, mid and long term because of all these factors.

>> No.19463742

>>19463514
I guess people are investing into a cult of personality. Crazy and irrational.

>> No.19463820

>>19463679
it doesn't matter what you think, and you can either see what's happening and play along in a way that makes money, or you can say "this doesn't make sense this shouldn't be this way" and bang your head on the wall like an autistic boy
the stock market is not the economy
the stock market likes quantitative easing, inflation, and bailouts because number go up
the stock market likes positive talks of vaccine
the stock market doesn't like the trade war
the stock market likes the insane unemployment numbers. Why? I'm not sure, maybe some sick ritual. But you can play along and make money

>> No.19463874

>>19462378
if you’re holding USD you’re longing BRRRR and fiat, imagine being this retarded

>> No.19463918

>>19462378
Global index fund you ape.

>> No.19463943

>>19463820
This.
The stock market is not the economy it's a prediction of the future.
If the stock market mirrored the economy exactly, it would defeat the purpose of investment. What is an investment? It's believing in the future.

Will unemployment go down. Probably.
Was covid completely overblown. Yep.
Do the riots have anything to do with big money and finance? Nope.

I'm in:

XOM
BUD
CCL
SPCE

All are still beaten down, so you haven't missed the boat. And as long as you can hold you'll make a lot of free money.

>> No.19464029

>>19463943
So if a nuke goes off stocks will go up because it cant get much worse?

>> No.19464159

>>19462542
240k here

>> No.19464240

>>19464029
That's not a fair analogy. No if a nuke goes off there are powerful consequences - I can't think of anything more devastating. A nuclear event or atomic war is going to create a lot of negative factors for a long time.

A virus that ended up being a non-event and self-inflicted high employment is something different.

And remember to not just look at the S&P 500 because a top few companies make up most of the percentage. Look at individual companies. The list is growing shorter but there are still deals to be made.

>> No.19464293

>>19462378
time in the market > timing the market.
The price right now doesnt matter, if you stay invested and dont panic sell. This is true right now for index funds and Bitcoin

>> No.19464309

>>19462378
Savers aren't rewarded. Risk takers are.

>> No.19464343

>>19462775
Stop taking advice from brokers, retard.

>> No.19464412

>>19462378

I'm waiting for the inevitable second pandemic wave that will crash the bubble.

>> No.19464421

Get in. Take some solid TOP coins.
Get some BTC, ETH, ADA

>> No.19464453

>>19464309
>>19464293
What the fuck is buffet doing sitting on cash? I doubt hes sitting on cash for fun after selling at huge losses

>> No.19464474

>>19464453
It's possible that Buffet is just old and out of his element so he's choosing to do nothing due to being so out of touch. They say we may see a correction this month so waiting just a little longer might be the best play here.

>> No.19464676

I have $80k cash. $120k in stonks. $100k in my house. $65 in crypto last I counted all my shitcoins back in march. I got about $20k worth of various GLD and SLV long term calls. No matter what I make money. Diversify.

>> No.19464728

>>19464474
Shit better correct, prices are retarded and even the premiums on options are bullshit

>> No.19464768

>>19464474

Buffet is looking 6 months + down the road when he thinks inflation will cause interest rates hikes that obliterate this sock bubble.

>> No.19464829

>>19464768
I have to wait atleast 6 months? ARE YOU FUCKING KIDDING ME

>> No.19464831

>>19464728
Nothing is a good buy right now, I hate having to sit it out but that's better than fomoing in and having this bubble burst.

>>19464768
When you're as rich as he is, you don't really need to be chasing turbulent waves like this anyways.

>> No.19464858

If I had at least 20k I could have made it long ago.
Got to keep my head down and work hard to save until I can actually make good gains from wasy 10x's.
You people with so much to invest dont deserve to ever make it.

>> No.19464941

>>19464453
>sitting on cash
Buffet has 300 billion invested in equity, i'd say he can sit on some cash and wait for 'the perfect opportunity'. Keep in mind hes a value investor, hes chasing a different risk than you are by buying the index (market risk vs value risk). his strategy and yours won't always be the same.
regardless, you should have some exposure to equity, as buffet currently still does

>> No.19464962

>>19464858
>You people with so much to invest dont deserve to ever make it.
i have worked hard and saved for my stack, i suggest you do to, and dont worry about who 'deserves' to make it

>> No.19464970

>>19464159
Ive got 480k

No idea what to do bros

>> No.19464998

>>19462378
Buy gold or crypto, the Keynesian financial system is collapsing.

Be extremely careful with stocks, more likely that not you will be blown up.

>> No.19465091
File: 37 KB, 963x639, silver chart.png [View same] [iqdb] [saucenao] [google]
19465091

>>19462378
Buy physical silver you retarded mong, it's the most underpriced asset on the planet, the moon mission just started and we are heading to at least triple digits before eoy.

>> No.19465191

>>19464029
>So if a nuke goes off stocks will go up because it cant get much worse?
yes
welcome to clownsanity

>> No.19465237

Let me tell you about my investment strategy. I live in a very rural area with a lot of wild animals. I haven’t seen very much wildlife but we have bears and moose everywhere typically. If I saw a bear first I would sell. If I saw a moose I would buy. I damn near ran over the biggest bear i have ever seen today. I am going to sell. I just thought I would let you guys know.

>> No.19465260

>>19465091
I buy silver and maybe I can double my money in 10 years wowa

>> No.19465275

>>19465237
What happens if you see a wild jew emerge from the bushes?

>> No.19465301

>>19465275
That actually happens. We had some guy who lives on the back of our farm who would take his clothes off and run around I shit you not. He might have been Jewish I didn’t look at his cock. Fucking wild times brother

>> No.19465386

>>19462456
>>19462378
Bitcoin isn't a shitcoin
If you don't want to buy Bitcoin or precious metals don't even bother, the equities market is far too uncertain/irrational right now

>> No.19465407

>>19462378
>/biz/ - Business & Finance
Wait and buy BTC at 30k and panic sell it at 15k.

>> No.19465650

>>19465407
>>19465386
Those coins have no real value and thats the problem. At least with stocks im buying a part of a company

>> No.19465871

>>19465650
Bitcoin is a first of it's kind deflationary asset backed up by math and cryptography. No humans or central authority. An entirely predictable supply and monetary policy. Immutable, censorship-resistant, portable, secure, decentralized, transparent, and open-source. If you don't understand the unprecedented store of value proposition here I don't know what to tell you.

>> No.19465962

>>19462378
scared money don't make no money

>> No.19465971

>>19465962
Smart money don't invest in clown markets

>> No.19465986

>>19462378
the economy is in shambles, why do you want to invest right now

>> No.19466103
File: 134 KB, 1185x1401, 1590957244003.jpg [View same] [iqdb] [saucenao] [google]
19466103

>>19465986
Because of the fear of missing out. What if this shit just goes up for 4 more years? I dont want to sit on my cash as the markets zoom up in this clown world but logic is telling me its foolish to invest because its a clown market

>> No.19466151

>>19465871
>asset
Wrong.
>backed up by math
Wrong, it's backed by literally nothing but what someone is willing to pay for it. It is allegedly "secured" by math.
>immutable
Wrong. The blockchain has been rolled back several times already.
>decentralized
Wrong. Majority hashpower is under the indirect control of the Chinese government, and hashpower is the only thing that secures it. China could 51% (more like 99%, lol) attack BTC whenever it suits them.
>open-source
Correct, so, no fundamental value. Anyone can start a similar chain. This also obliterates the "scarcity means it's a store of value, guys!" argument.

>> No.19466171

>>19463332
At the most optimistic you will make 100% gain in 12 years lmao

>> No.19466267

>>19466151
>not an asset
"Cryptocurrency gains from trading coins held as capital assets are treated as investment income by the IRS"

>> No.19467000

>>19462378
You fucking idiot you could turn that 30k into 250k in 3 months all you have to do is buy JUST

>> No.19467015

>>19463943
Jesus christ dude get some sp500 to save yourself from your own horrible stock picks, that portfolio is cancer.

>> No.19467086

>>19462378
Start buying now. Gradually every 2 to 4 weeks. I've got the same problem as you. $60k+ in cash but I at least buy $1000 worth of s&p 500 ETF every month. And I buy some individual stocks when I see a good opportunity.

>> No.19467166

>>19465260
Personally, I buy silver and gold because it is the best way for me to save money. It's hard to look at virtual money in the bank an see it as anything but a number to me. I then want to spend it. Buying silver still gives me the rush of purchasing something without actually losing money.

Having physical wealth I can hold and see also makes it easier for me to value it. Besides, seeing your wealth is pretty cool.

>> No.19467814
File: 2.49 MB, 300x200, 1585621562129.gif [View same] [iqdb] [saucenao] [google]
19467814

>>19462378
Monero is undervalued.

>> No.19467884

>>19462378
Same but with 3k

>> No.19467906

>>19462378
>>19462378

You were told all in Chainlink like 2 days ago if you are the same guy. If you aren't able to do the proper research on your own and still don't realize its the next natural progression for blockchain in general you are never gonna make it regardless. FFS read The 4th Industrial Revolution by Klaus Schwab. Its an easy read

>> No.19467951

>>19466151
>Wrong.
It's literally an asset by definition both legally and linguistically
>Wrong, it's backed by literally nothing but what someone is willing to pay for it. It is allegedly "secured" by math.
Yes it is secured by math. The value is also supported by math and sound economics e.g. Supply & Demand, Stock-to-Flow, Network Effects, Metcalfe's Law
>Wrong. The blockchain has been rolled back several times already.
Wrong, that's never happened in the Bitcoin blockchain. Bitcoin is only mutable with sufficient consensus, essentially it's impossible for any sort of rollback without a 51% attack.
>Majority hashpower is under the indirect control of the Chinese government
Currently approximately 65% of hashpower is heavily distributed across many miners in China. The Chinese government attempting to force all of these miners to perform a 51% attack would logistically be very difficult and miners would resist as it would kill their livelihood and keeping the peace is essential for the Chinese government. It also wouldn't be very productive and wouldn't even kill bitcoin, the only thing you can do with a 51% attack is temporarily double-spend your own coins or DDOS the network. An attempted 51% attack from China would quickly be obvious to the network and would eventually be circumvented. Afterwards this would only further prove the legitimacy of Bitcoin as being able to resist large-scale state-sponsored attacks. The most likely game theory for the Chinese government is to continue to ban bitcoin but allow bitcoin mining, maybe one day they will ban bitcoin mining but attempting a state-sponsored network attack is very unlikely.
>Correct, so, no fundamental value. Anyone can start a similar chain.
That's not how it works, this is why shitcoins that try to copy bitcoin have no value. The only way another coin can have value is if it is sufficiently differentiated. This is how first mover network effects work.

>> No.19468180

>>19467086
if you plan on eventually having all of that money invested, you're better off doing it all at once. Dollar cost averaging, if you already have a stack of cash is equivalent to trying to time the market/ make a short term directional bet. if you knew that stocks would only go up, you'd put it all in now & have the lowest average buy in. if you knew stocks would go down for 2 months then rise, you'd dollar cost average in to get a low average buy in.
Since you're looking to invest long term & not day trade, dont try make a short term directional bet that the market will go lower, just put it all in.
There was a study that confirms this, looked at rolling 20 year periods and tracked if youre better dumping a lump into the market or DCAing it in, and dumping it all in outperformed DCAing in almost every time

>> No.19468234

>>19468180
this kind of explains it.
>https://investor.vanguard.com/investing/online-trading/invest-lump-sum
if you have the risk tolerance for taking on market risk, you (should) have the risk tolerance for exposing your capital to that asap. If the thought of the value dropping the day after you invest it all scares you, you don't have the risk tolerance for stocks and you should aim for a safer investment.