/biz/ - Business & Finance

If you research stocks and markets, it's also kind of a ponzi scheme but you will learn things about the real world. I've spent the last 5 months learning about REAL markets and while I still kind of don't go deep enough to call myself an expert, it IS improving my world view and actually teaching me stuff about reality. "researching crypto" is so hilariously stupid and useless unless you're a coder.

3) At any moment, US/China/UK can pass heavy regulation on crypto and crash the market by 80%. The US gov knows about this gay dumb shit and when they are ready with their own digital system, they will fucking nuke crypto from outer orbit. If you think bitcoin willl have any value without the US or China supporting it, you're a retard.

Anyways, come over to WSB and learn about real shit and make real money. Calls and options are dangerous but you can go 10x quite easily if you know what you're doing. I'm up 8x on silver calls already and will probably be up 30-40x by the end of the month.

>>20688100
Paper bag on the head. Ok, that's better, let's go!

>>20688100
>>20688106
>massive text wall
>C grade thot
yeah thanks, i'll pass

>>20688136
>paper bag on 8/10 face

have you ever considered that you might be a faggot?

>>20688100
DRNS faggot

This. So much this. I only post here to laugh at these neckbeards lose all their money on ponzi schemes. The real money is in options, just check r/wsb and see for yourself

>>20688100
I used to think that people will never come back to crypto after the bad taste Jan 2018 left, but I've learned that people have an extremely short attention span when it comes to investing.

If anything, I predict seeing the bull market prices will have the same people who lost 90% in Jan 2018 kicking themselves for not holding and will have them FOMO'ing back in even harder.

>>20688100
>TFW you realized ur even more retarded for trying to FUD this hard

>COME TO REDDIT
FUCK the FUCK off
GO B A C K

You say it's not cool anymore, but shit goes from being lame to cool in a fucking heartbeat. Normies are fickle and don't care. You have a good message though, and a good point, but think about 2025 when none of the 2017 guys have skin in the game. It'll be a bunch of zoomers and whatever comes after that. It will be essential.

>>20688100
>retail investors being interested in something is good
>what is the shoeshine boy indicator
normies caring about crypto is a signal that it would crash moron, it's about happen to stonks too
institutions don't stop fudding and start making things accessible and spoonfed to idiots until they want to dump their bags on you

>>20688158
Yep, I couldn't believe I wasted so much time with stupid fucking shit coins. I remember actually listening to all the speeches given by ant shares and shit, it's all just stupid gay chinks lying through their buck teeth. It truly makes me seethe realizing how much time and emotional energy I spent in crypto, but the money was good for that period.

If you know what you're doing, you can swing 50% in a few hours with calls, it's fucking amazing. The key though is that you actually learn about what is important in the world, what people want/need, etc. It teaches you stuff unlike crypto which is literally ALL LIES. It's all so gay and retarded.

>>20688100
Bro u so happy
How u pay so little tax
Who ur tax guy in Nyc?

>>20688219
If you think crypto is even remotely comparable to the stock market, you're an even bigger retarded that you sound like.

The total marketcap for crypto is 270 billion. The marketcap for Tesla alone is 300 billion. The market cap for Amazon is 1.8 trillion which is 6 times the value of all crypto currency in the world combined. And those are just two companies out of thousands.

I agree. but RSR is the last chance at a moonshot.

>>20688219

>>20688156

>>20688100
You are right, 2017 is never coming back. I'll still kill myself before I go to reddit, so no, fuck off.

>>20688247
I don't think you can read, I paid very high taxes on my cash outs because I didn't get many cap gains.

>>20688136
I agree with the edditor on this one, she's hot body and face, you might be a homosexual fren.

>>20688100
>>20688106
cringe + larp. kys

What you say is true except with chainlink,defi, and global payment systems are what to look forward to and expecting crypto to be much bigger than it is today.

>>20688100
Some of us have done pretty well this month lol so I would 100000000000% disagree

>>20688259
you do realize that you're only digging yourself in deeper as a fomo normie buying the top by arguing that something being bigger means it has more potential for growth right?
if you trade low volume you can make money gambling in the fake market, but the elites already having drawn out of the market means it will fail. the reason they don't time the literal top is because they have too much volume = low liquidity to exit quickly like you could if you're lucky when it goes down

you zoomers are going to get kicked off of reddit soon for the mortal sin of saying "retard" and "faggot" so casually. if you're lucky they won't dox you to your families and employer.

>>20688224
Don't know why you got so racist and homophobic all the sudden but you're not wrong. Crypto is like somebody found a way to combine the worst parts of religion and pyramid schemes like Amway and market the result to desperate loners. Imagine how much of mommy and daddy's money these poor idiots have completely wasted on these stupid scams. Like what the fuck even is a uniswap?

Also, I totally agree that stocks will teach you about the real world. When you buy a stock, you buy something that represents REAL work and real economic output that people pay for. With crypto, all you learn is how to scam losers.

>>20688303
lol no it won't. Rich people like banks and government backed currencies because they protect your money with layers and layers of security and won't crash 80% in 2 days.

>>20688368
exactly. I think stocks are kind of a shitty way to make a living as well, since you're essentially wasting your life force chasing gay numbers... but you do learn real stuff about what people want and value.

Crypto is just so hilarious gay and stupid, I just took a look at the catalog and it's just faggots posting frogs and pictures of Benedict Cumberbatch with an "A" stamped on his forehead. It's so fucking stupid, yet the level of stupidity amazes me.

>>20688369
>not understanding the importance of defi
are you retarded or something

>>20688158
>>20688368
this is bait

>>20688426
>payment with currency that can fluctuate in value 40% in 12 hours

Cool, can I start paying for stuff with tesla options?

>>20688100
sauce

>>20688100
I am at x50 in AMPL on just 1 month and expect it to hit x500 in the next few months. Every other shitcoin I have bought has literally pumped at least x5 to x10.
Meanwhile the most pumped stock is TSLA with only a x4.
Go back to your faggot sub that faps to loss porn.

>>20688511
> what is dai?

i never knew dai could drop 40% thanks op!

also most people loss all there money in options
i have multiple friends how saw WSB on reddit and lost thousands of dollars
after that they never touched investing again

>>20688100
This is a coordinated psyop to get you to not research iExec.

>>20688509
This has to be baitm Take a look at wsb and see all of the money that's being made/lost. I flipped my money 50x in two weeks but lost it all the week after. If you really think crypto is more profitable you're an absolute retard

>>20688696
>Buying yolo options
>Investing
It's like joining a gay bdsm orgy with 10 niggers and then saying you never want to have sex again

>>20688722
>I flipped my money 50x in two weeks
congrats
>but lost it all the week after
oh wait, you have a gambling problem. and yet you shit on people who hold crypto lmao

>>20688656
I sold too early on ampl, and I'm honestly suicidal right now. Whats the next coin to buy

>>20688100
>lebbit
ok in the oven you go, bye bye

>>20688100
i remember the 800k guy, can confirm his legit

>>20688511
I've got £30,000. Im investing in crypto and trying to day trade for a month now. If you are genuinely informed on what you are talking about and are interested in taking someone under your wing (I also have crypto doubts) then lets talk

this is rather poor shilling, you glow in the dark ledditors

at least the shitcoin pajeet swindlers learned the local chanspeak pretty well and quick
everybody that DCA into crypto since the last peak should be good simlply by time in the market, meanwhile most optionstrader accounts lose money and you cant hodl that so back to wsb leddit

>>20688696
Dai is pegged to the US dollar...

HMMM... I WONDER WHY? Crypto is so gay and retarded that it literally has to piggy back off the US military to give the illusion that it has any value.

Let me explain. The US dollar is strong because of the US military and the US economy. "Dai" is only strong because it's larping as the US dollar.

Are you stupid?

yum yum yum nom nom nom on her udders mmmmmmmmmm i wanna chomp her, anyways I agree on you that 2017 was peak crypto years.

>>20688882
The only point I'm making is that crypto is a waste of time and retarded, even if you make some money, but I sincerely doubt we'll ever see 2017 levels of 10x-20x'ing ever again. Like I said, Link went from $4 to $8 in the same time period that Tesla went from $400 to $1800. That's a 100% increase vs a 400%+ increase, and tesla has the added benefits of being a real fucking company that makes products people actually want.

The idea is that if you're going to be a retarded gambler, you might as well research the real stock market and learn a thing or two about reality rather than gamble on crypto and effectively learn nothing about reality

>>20688100
kys

>>20688974
there are smaller coins that have gone up 10-20x. hex did over 100x. I agree we will never see 2017 again but i think there are still opportunities with smaller but legit coins.

>>20689022
not saying hex is legit.

>>20688100
You are just low IQ.

the entire stock market is about to take a dump because there are way too many retards like you thinking they can play the game.

>>20689022
I just think that options trading is a better overall time investment than crypto. You can actually make way more money, and you actually learn about useful stuff.

Trust me, I spent like 2 fucking years shilling crypto and it was a complete waste of mental energy. Yes I made money, but I'd rather make money and also learn something useful than just slam my head against a slot machine, which is what crypto trading is.

>>20689093
That's why I went all in on silver calls. I expect to make 10,000% within weeks.

>>20688259
damn, we are so early, holy shit. thank you.

>>20688100
>ER surgeon
literally a fabricated job title, nice larp bro

>>20688100

CAN'T WAIT TO HAVE A DAUGHTER.

>I believe
>I believe
Discarded

>>20688100
>being this dumb

>>20688100
You need to go back and stay there faggot

>ER surgeon

think about it, biz waited 3 years, THREE years, for chainlink to perform worse than any large cap growth stock. chainlink is $100 in their eyes already

>$7.30

>>20688100
-dollar strength is going down while PMs and crypto are going up (historic sign of imminent bull run)
-equities are fine to trade, nothing wrong with it, but wsb is full of fucking fags and you immigrants have shit up the board since March, and I would chop off my foot before coming anywhere near your shitty subreddit
-many normies actually made money in 2017. a lot bought mid 2017 before the blowoff top. i have friends that bought around there and have msgd me every rise since asking me if its time
-bitcoin is a socioeconomic order unto itself and is of massive importance and you are too dumb to grasp this, and various other protocols will be increasingly relevant in the years to come

>>20688100
oh, and leave this board and never come back

>>20688905
when you sell your stocks, you pay capital gains tax
when you sell crypto, you can store profits in DAI (or something else), instead of immediately cashing out to USD every time and paying a tax for it
this allows for you to pay a capital gains tax once vs paying it on every set of profits if you know what you're doing

but I wouldn't expect you to know how to do any of that, keep paying your taxes goy

>>20689541
if you purchase crypto directly with USD and hold then you don't owe tax until you cash out but if you buy ETH with USD and then use that ETH to buy another asset you owe tax on that purchase.

>>20689609
sure, but they don't pursue you if you split your assets among a bunch of different wallets. at least, they haven't pursued me

>>20688100
>cryptofaggot from 2017 here

>2017

you've never experienced a full market cycle yet

you're still a newfag

but congrats on the 800k, that is a BIG win

>>20689250
emergency room surgeon you fucking idiot.

>>20688100
>Newfaggot from 2017 here. Here are my opinions you should consider.

Nigger if you haven't been in the game since at least 2013 your opinions dont mean shit. Everyone and their mother made money in the 2017 newfag wave gtfo with that shit.

>>20689541
This is literally untrue. Converting into Dai or USD is the same thing, you will owe taxes because you triggered a taxable event.

>>20689110
LOOOL

If crypto is really such a problem for you, wtf are you doing here trying to prove people here that there won’t be another bull run when there actually will be one..

Its not just about crypto is about decentralization as a whole. Its literally one of the major events in human history.

You really still don’t get it do you?

Now go back to your “super interesting stonks” that are literally controlled by banks & other institutions

>>20688100

unfortunately I have that sneaky feeling too that the government will nuke bitcoin. They might let some coins go but who knows, eth, xrp, it will be a shitshow.

I think we will have one last giant golden bullrun and then the wild west will be over.

>>20689726
>the government will nuke bitcoin
if this happens it will spark a revolution

>>20689750
Cryptofags leading a revolution. Lmao

>too jaded from past burns to participate in the upcoming bull run

>>20689781
>The Times 03/Jan/2009 Chancellor on brink of second bailout for banks

>>20689708
it's easy to cover up and less-likely they'll notice
remember the IRS is made of government employees

>>20688100
Ask me how I know you're a 90iq midwit

>>20688100
he thinks tesla has fundamental value at these valuations and that this performance will be repeated in other stocks
>HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAAAAAAA aaaaaaaaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHAHAHAHAHAHAHAHAHAHAAAAAAAAaaaaaaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHAHAHAHAHAHAHAHAHAHAAAAAAAAaaaaaaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHAHAHAHAHAHAHAHAHAHAAAAAAAAaaaaaaa

>>20688136
You have never had sex

>>20688368
what have you learnt about the real world trading stocks? Tell me something I didn't already know just from having common sense. That people cream themselves over faggots like Elon Musk to buy into the latest jew scam? is that teaching me something useful?

>>20689725
I'm not saying crypto won't make money, I'm saying that IT'S DUMB AND GAY and researching it is literally retarded.

Money is based on military/economic strength, that's it. If you genuinely think the world will adopt a decentralized currency you're retarded... what value would that currency be based upon?

Genuinely curious what you think it would be, fucking faggot.

>>20688100
You just do not understand.
They want to remove every form of value storage or transmission method that is not controlled.
Blockchain makes everything traceable so nothing slips between the fingers of the rulers.
This is a tool of domination.
The definitive method to farm every human desire and action.

The value is the information, the power, and the ability to leave someone out of the system of value. Completely. Indefinitely.

What we try here, is to get a better position while the system is being set up.

>>20689127
Probably a smart move anon. Hope you make it

>>20689995
the more you post the less smart you sound. To begin with I thought you had some cred, you're just a larping basement dweller

>>20688100
I'm think its a good plan. Ive done the same thing and x8 my account.

>>20690038

Get as much leverage in as you can.

>>20688100
>wsb
>believing anything posted in reddit. Ever.
>not knowing reddit is pay-for-shill

Kys faggot

>>20689995
>Money is based on militaric/economic strength
Nigger you have no clue what you are talking about. You claim to have made 800k from crypto and then you demonstrate that you don't even know that governments can't touch it. Pretty fucking cringe, glownigger

>>20689995
he hasn't read anything past intro philosophyt Thomas Hobbes
>AHAHAHAHAHAHAHAHAHAHAHAAAAAAAAaaaaaaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHA tbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHA HH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH AHAHAHAHAHAHAHAHAHAH cka k pbthtbhttbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb AHHH httbhthb AHHHaaaahhahahahahahahaaaa acka acka k pbthtbhttbhthb

>>20689995
>If you genuinely think the world will adopt a decentralized currency you're retarded... what value would that currency be based upon?

>>20688106
>Calls and options are dangerous but you can go 10x quite easily if you know what you're doing. I'm up 8x on silver calls already and will probably be up 30-40x by the end of the month.

>>20688100
>I mean crypto may go up somewhat, but 10x'ing in 2 days is gone forever I believe. Even Chainlink has really only gone up 90% since it's $4 days, whereas fucking Tesla has shot up from $400 to $1800 during the pandemic.

>>20688224
>If you know what you're doing, you can swing 50% in a few hours with calls, it's fucking amazing. The key though is that you actually learn about what is important in the world, what people want/need, etc. It teaches you stuff unlike crypto which is literally ALL LIES. It's all so gay and retarded.

>>20688259
>The total marketcap for crypto is 270 billion. The marketcap for Tesla alone is 300 billion. The market cap for Amazon is 1.8 trillion which is 6 times the value of all crypto currency in the world combined. And those are just two companies out of thousands.
>The total marketcap for crypto is 270 billion. The marketcap for Tesla alone is 300 billion. The market cap for Amazon is 1.8 trillion which is 6 times the value of all crypto currency in the world combined. And those are just two companies out of thousands.
>The total marketcap for crypto is 270 billion. The marketcap for Tesla alone is 300 billion. The market cap for Amazon is 1.8 trillion which is 6 times the value of all crypto currency in the world combined. And those are just two companies out of thousands.

>>20690117
Governments can't touch it, but they can certainly touch you by sending you to prison for tax evasion then having Jamal touch you as well.

If you made any significant money on crypto and cashed out to USD, and live in the US, you paid taxes unless you're literally retarded.

>>20689995
This post reads like something someone just about to cry would write out of desperation, are you ok fren? Remember 4chan is not for everyone, I think it would be best for your mental health to return to r.eddit, no shame in that. Plebittors are more comforting and mongoloids typically make it to the front page so you definitely have a chance to be popular, my nigger.

>>20690210
You pay taxes on profits and consumption.
Of work, of trade, of everything, there is no point in even thinking about it beyond finding a way to pay the necessary minimum.

WHO IS THIS WOMAN?

>>20690314
I know what you're feeling, I was the same way in 2017. Anytime someone would criticize crypto, I would attack them savagely since I was depending on crypto.

I'm just saying from experience that you can make more from options and you learn real stuff about the world.

>>20690362
idk wtf you're talking about. You pay long or short term cap gains on crypto and every sale/exchange is a taxable event.

>>20688100
>>20688106
>just gamble on options anon
fuck you m8 i lost $600 when i bought puts at the fucking bottom

>>20688100
You’re from 2017 nobody gives a fuck what a newfag thinks