/biz/ - Business & Finance

+1 bobo

>>23120531
Thanks boomer just sold 100m

>>23120531
Anyone succesful trader starting in crypto today will be of more networth than succesful people starting in the stock market today in half the time. I've made far more in a month than I would in the SM. Went from $100 to 12k. Sure not anything but the snowball effect does exist and if trend continues I'm on the path to much more. Now tell me would this be possible in the SM in a month timeframe?

>>23120668
>Went from $100 to 12k
did you flip rugpull shitcoins?

>>23120531
stfu u black basterd

boomer stocks with 3-5% gains anually HOLYSHITOMGLETMEBUYASAP!!!!!

>>23120668
You got lucky. On the other side of those traders were people who lost the same. When company profits can inflate stock price with buybacks and dividends stock prices go up. Yet crypto merely has massive constant supply increase creating many more losers than winners at least among speculators investors and traders

>>23120531
>wherein companies can go bust and companies must compete with profitability to maintain their status
imagine believing this in 2020

>>23120717
The average yield of the s and p annually is 13%. That compounds out of control pretty quickly. After the S and P and nasdaq crashes they didn’t stay 45% off all time high for 3 years. Tick tock crypto people.

>crypto has been crushed by the stock market since 2017
objectively incorrect. unless you only bought the 2018 peak, you'd still handily be beating and stock index.

>>23120721
If your volume drops you get removed from indices fren. There is a mechanism by which large exchange traded companies are punished for bad business practices.

>>23120708
Yeah, all riskier plays. Dont hold btc/eth or anything normie. Been rugged a couple of times but when it works it works. Couldve literally turned that 100 into 30k on my 2nd trade ever with bast but I sold early. Went in LGE on Core and that gave me a huge boost. The key is being early and able to distinguish scams from the good.

>>23120753
48% off all time high. How long are you going to give it anon.

>>23120762
You got lucky. It’s only a matter of time before you start losing too.

>>23120773
you're actually retarded?
You'd only not beating the stock market if you literally only bought the top.
If you DCA'd at all (or bought outside those 3 months), you're beating stocks by a significant margin.
This is objective truth and not disputable.

>>23120783
Whatever you say. We have a refined , thorough process of distinguishing them, like I said been rugged a few times but we pick winners 90% of the time. Also once you do have a 500k+ folio you can move into more legitimate projects and keep 30k or so to continue the shit sharade. This is a building block.

>>23120811
Wrong. Overall market cap in crypto is barely half of all time high. How many excuses will you make?

>>23120813
There are almost no probably legitimate projects in crypto.

>>23120668
I lost 6 grand in a day trading futures. So i fuess its possible to make that much in theory.

>>23120849
Ok, I'll speak slow and use small words for you.
DCA, or (dollar cost average) is a common investment style where you buy into the market at set intervals (say every month) to minimize market swings

Starting at any point in the past and using this method you will show greater returns with crypto, when compared with any stock index.

Therefore, crypto is a better investment.

>>23120867
That's a blatant lie and you know it. Have you considered the fact that you are going through the denial stage atm?

>>23120908
The problem with your math is that it only works if each dollar cost buys you an equal share of the distributed market. It doesn’t in crypto because there are constant new cryptos and cryptos disappearing. Dca doesn’t map to market cap in crypto. Also it assumes you will always have money to invest but the truth is you are a human not a robot. You have uncle points. You don’t always have dollars to invest. Roi is a much better number. Easier to just invest and be done with it than do the Chinese water torture of 10% of every paycheck into investment. This is why older people are beating you so badly in every aspect of life including finding your women easier than ever. You lack people with the most basic understandings.

>>23120967
Bitcoin and eth are the only two I feel confident in saying aren’t scams. The rest are at least a little questionable

>>23121002
>>23121002
Then DCA only into BTC, or BTC/ETH, you still will beat any stock index.

Keep trying to argue against easily confirmable and objectively true math though, it's cute.

>>23121014
Missing out. But you do you.

>>23121094
Cope of the highest order me ep moving the ball. Look at volume of btc and eth ie when people in the real world are buying. DCA does not map to real life in any way.

>>23120531
Half of the stocks are scam or insolvent companies waiting to go belly up. The risk of crypto vs stocks is exactly the same. You can gamble with high risk penny stocks and lose it all just like you can gamble with high risk defi projects and lose it all.
Thinking stocks are better just shows your lack of knowledge of the stock market.

>>23121014
I will hold BTC though once I hit 100k. I just dont want to put near all my folio for one btc when what I'm doing works. But it is a good hold always.

>>23121108
No I’m up in crypto because I got in when it was convex. I am a pretty 2017 crypto investor It has lost most of its convexity due to the sheer increase in the number of projects. I’ve cashed out more than twice what I put in but my remaining crypto is still about 20% of my portfolio. But you need to be doing far more investing in safer assets such as index funds to be more rigorous first and then go into crypto.

>>23121116
You mentioned crypto market cap, not me.
How does DCA not map to real life? It's a real strategy I have been using for years, I have more money now than if I had invested the equivalent in stocks. Like, actually, IRL.

kek, I figured I was arguing with a troll, but you are actually a brainlet

>>23121129
The stock market as a whole had hundreds of years of survival. Buying index funds saves you from the risk of individual company blowups.

>>23121158
DCA does not map to real life at all. You can prove that just by volume spikes. No one not even you invests at consistent time intervals and in consistent amounts.

>food shit comes out
>dumb buys
>toss money in
>parachute out after 30x in 8 hours before obvious dump

where can i do this in the stock market?

>>23121200
Explain in more detail why DCA isn't possible for me? I'm particularly interested in your 'volume spikes' theory.

>>23121227
You can’t but you can’t do it consistently in the crypto market either. A few people pull it off a couple of times and make a ton of noise and the massive number of people who lose just stay silent.

>>23121261
You’re just a human. You can get sick lose your job have a car breakdown etc. nothing guarantees that you will always be able to invest the same even if you are one of those robotic humans that has managed to pull it off for a few years. Volume shifts show that people in the real world do not invest in this way. The number is not rigorous or empirical.

>>23121269
oh really now

>The stock market is at least subject somewhat to arbitrage boundaries wherein companies can go bust and companies must compete with profitability to maintain their status
BRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR - nope.

>>23120531
sir I believe crypto is a better investment in general especially if you are going to use prediction markets. know your products and their movements. it's smaller scale than stocks and the volatility makes for better gains. plorx makes it easier too

>>23121321
Crypto also has fractional reserve banking at bitfinex

>>23121327
A massive majority of crypto projects have no product

>>23121179
That's an extremely ignorant and narrow minded view. Also nothing is safe once Chapter 11 is filed, you lose everything. Stop pretending it's risk free because it is not.

>>23121303
you are aware that computers exist, yes?

>>23121370
Same with a large majority of companies listed on the OTC, just shell companies with no product.

>>23121374
You have ten seconds to show where I implied it was risk free. I implied nothing of the sort. I merely stated that dollars in the stock market index funds such as Vti are definitely better than a massive majority of the dollars put into crypto.

>>23121303
So to sum it up:
You don't dispute that crypto shows better returns than the S&P or NASDAQ with a DCA strategy (the strategy advocated for by Buffet and other legendary investors)
But, this isn't applicable because people have weak hands (which effects stock and crypto investments equally).

How would you propose to find a more 'rigorous or empirical' method to compare these investment options?

>>23121424
Your entire premise is that there is little to no risk with stocks vs extremely high risk to almost guaranteed loss with crypto. Do you lack complete self awareness?

>>23121382
Has nothing to do with anything. You aren’t a computer.

>>23121414

Nice attempt to move the ball fraud. A holding company that holds a company with a product empirically has a Proroduct

>>23120531
i'm making money of crypto though

>>23121427
I prefer the black swan strategy proposed by Taleb and spitznagel in which one buys insurance and reinvests proceeds only during times of enormous vix ratings and use a convexity algorithm to pick stocks. It has worked out insanely well for me but I know it’s too difficult for most.

>>23121451
I can tell computers to do things.

like purchase the same amount at regular intervals over a predefined timeframe.

what's your endgame here? do you seriously think the concept of DCAing is impossible?

>>23121116
you're clearly intelligent but your ego is gonna cost you one day. Find the truth instead of what your ego wants to be true, you're gonna be wrong a bunch of times but you'll get there eventually little buddy

>>23121446
Stocks have a ton of risk but also have many synthetic assets that can go up when they crash effectively providing insurance. Crypto has no such protective infrastructure

>>23121478
But you didn't address or deny his point. You just told us your strategy. So as it stands crypto shows better returns with a DCA strategy.

>>23121491
I don’t think your dca in btc and eth is the worst strategy but imagine the hundreds of cryptos being made every day. Imagine trying to dca them when most are worthless. Your returns would be abysmal.

>>23121478
>black swan strategy proposed by Taleb and spitznagel

Jesus, you're like a monkey banging two rocks together.
You just went from claiming "returns using DCA aren't valid or empirical" to "I like this obscure math based investment method." That's barely the same topic and doesn't answer the question.
I'll just leave you to your crayon chewing.

>>23121513
DCA isn’t real. Even buffet doesn’t practice it. He yolo’d apple this year with a huge percent of his assets.

>>23121528
All I did was answer his question which was how do I personally invest if I don’t use DCA.

>>23120813
>we
Um... is there a group I can join?

>>23121551
Sure fren
trendering.com

>>23121601
Note that the very coin this fellow claims will grant you years of returns is only a month old and is already down 45% and the team still controls a huge supply. Never change crypto space.

>>23121535
micrstrategy DCA'd $425m BTC in the last month

it takes 5 minutes to figure out a barebones DCA bot if you have half a clue

enjoy the crayons, I have some glue when you're finished

>>23121644
I already said I don’t hate BTC specific strategies nearly as much as other crypto strategies though one asset alone means that you are subject to severe losses of btc drops 80% at a time when you need it. But most crypto strategies aren’t btc only. They involve forays into a space increasing exponentially where most of the projects are scams and will cost you all your money quickly. Surely just all inning vti is better than this no?

>>23121625
What coin are you referring to? Very obvious your clueless on what we do. You yet in first, ride the whateverX and hop out. Very rarely do I hold. Core is the only one I currently believe in long term and I've already took my initial and a 8x out.

>>23121709
what you said was
> DCA isn’t real. Even buffet doesn’t practice it.
the fuck you even talking about? maybe focus on coherency first before you hurt yourself. adios

>>23121711
Trnd the one in his telegram group.

>>23121750
It isn’t real. People change their incomes jobs and amount they invest to reflect their financial situations. Dca is not practiced on reality. Buffet himself did not DCA Apple. He bought all at once. That’s all I’m saying. You aren’t a robot DCAing bitcoin and eth and most people here are doing far worse than that.

>>23121809
Dude, you just hold trnd for access to the dapp and chat. I could care less about its price.

>>23120668

>>23121845
Awfully cavalier with other people’s money for an anonymous fellow online would you say?

>>23121920
Haha. You have no idea what you're missing. But hey I take huge risk, you dont. It is what it is, every trader has their techniques and limits. Good luck, hope you make it.

>>23121976
Properly done lower risk taking increases rewards that is what I think you don’t understand

>>23120531
>buys xerox and coke cuz muh moats

>>23122000
Haha, you make me laugh.

>>23120908
gods your fucking handsome

>>23120531
stock market is a jewish racket. you're literally competing against millions of kikes, institutional traders, head fund quant nerds, hft bots, etc. i'd rather take my chances getting scammed by retarded aspies and street shitters in crypto, odds are better.

>>23122099
This. Stocks also open and close really weird.

>>23120668
the fact that ur still using US DOLLARS as a metric to success goes against what crypto fucking currency is trying to do which is to replace it.

You're all just gamblers

>>23122128
also the amazing jewish racket of overnight traders constantly and incessantly dumping on regular hours traders with incredible gap downs that crab through the entirety of the 6.5 hour trading day.

and jewish volatility halts that are turned on/off with no basis in logic, like the day TSLA dumped 20% at open but never halted while stocks like GNUS were halted 10-15 times in a single day for OY VEY GEVALT VOLATILITY STOP STOP STOP!!!!

>>23120756
You know Hertz pumped after bankruptcy, right?

>>23120717
This couldn't be anymore wrong.
You don't have to invest in boomer stocks anyway, FANG will get you a good gains, but your like 3 years late to the party.

You were too busy losing money to shills on crypto, and believing the USD would fall.

Never bet against America retard.

>>23120753
Not enough gains to be correctly risk-adjusted. I've beaten more though a few simple funds & Vanguard. Likely beaten your fees and platform risk too. Pathetic poor fag.
The big coins are all institutionalised now anyway, they got margin called like Gold. Litterly track stock market red days like good goys lol.

>>23121094
Imagine recommending any of those coins in 2020.

Jesus kid, RISK ADJUSTED RETURNS.

>>23121711
Sounds like your trading, not investing friend.

People with an actually good amount of money would like to keep capital preserved. Enjoy your rug pull indian man.

oh boy!

>>23122218
>thinks crypto is a bet against America
>>23122234
see attached image. You do know what Sharp ratio is, don't you, big brain anon?
>>23122259
I was simply referring the historic returns. Please do try to keep up. Also, again, image attached regarding risk adjusted returns.

>>23120668
So just gambling/flipping then?

Has no relation to investing in the market, only trading penny coins could be comparable (just as manipulated and many ponzi like listings)

>>23122309
Poor fag.

Crypto is taken over by Indian bots and banks now anyway. It even ends up tracking the VIX Dollar movements.

Lmao, stay poor. I invest in coins to cash out in USD, somewhat ironic.

>>23122342
>doesn't try to refute anything I say.
obviously this one is a troll, not a very good one tho.

>>23122321
Gambling is a huge oversimplification. But yes it is flipping, only other strategy I use is finding projects that have dipped or lost volume, undervalued and invest in those. Flipping has made me more sp far.