/biz/ - Business & Finance

>>53503020
ok

>>53503020
the reason cypto fluctuates so much is because it's an emerging asset class with a low market cap relative to other asset classes

>>53503020
>that market is a bot fest, its completely disconnected from reality

what? its widely known trad markets are completely controlled by ai

>>53503020
kek how much money did you lose

>>53503037
thats not true especially for btc
there are stocks with far lower mcap than btc that do not spike randomly

>>53503073
not, just been watching the charts for few weeks, just noticing that it barely reacts to any fundamental but sipke and crash for no reason

>>53503020
Crypto is basically stocks for stupid people. It really should be more like forex, but cryptobros keep convincing themselves that crypto isn't really an endless series of pump and dumps and never bother to learn to trade.

>>53503020
ok boomer. stay poor with your 1pct moves on the stock market.

>>53503817
no stocks is a boomer tradfi scam. build in around scam dollars and ever collapsing fiat currencies. When a company brings out stocks it is to raise money, cause they are not profitable enough to expand. you are basically just buying a token from them. like a shit token on eth. its that bad. stocks are a scam and you don't even realise. kek.

>>53503095
NOOOOOOO don't be volatile!!! I need to wait 50 years before I make it !!!!!! NOOOOOOO don't go up and down 10pct in a few days!!!!! I NEED TO STAY POOR NOOOOOO. fucking idiot. you scamtradfi boomers are the worst. us zoomers are not buying your trash scam "stocks".

>>53503847
Trading stock options will get you gains on par with shitcoins.
Losses too.

>>53503882
>When a company brings out stocks it is to raise money, cause they are not profitable enough to expand.
>Chevron isn't profitable because it sells shares of stock
lmao, jfc
Crypto has no intrinsic value. You will never get anywhere with it unless learning when to buy and when to sell. Hopefully you get something out of it before the SEC shuts the whole casino down.

>>53503885
eth gas fees are not even close to comparable to brokerage fees

the risk vs reward is massively favored to shitcoins and nfts. crypto is the best casino in the world with the smallest relative take

>>53503020
>invest
>trade

pick one degenerate

Crypto market moves the way it does because it holds so much more liquidity than other assets. You can move BTC and ETH between addresses in minutes whereas with anything involving tradfi you have to deal with clearing houses, bank shit, credit limits etc.

I don't know why people have such a hard time grasping this.

>>53503915
ethereum is just a mashup of otcmarkets/pink sheets and napster. if they allow pink sheets they should allow eth

>>53503037
>It's emerging
Yeah like a shit emerging from an asshole I can tell it's shit pretty quick. You're lying underneath screaming that it might be chocolate

>>53503020
>another lost pledditor here to seethe about crypto

>>53503882
Based zoomer. Just recently talked to a zoomer that was interested in finance that I would buy crypto just to not make boomers richer. Dont buy their scam ponzies. We have our own now. Fuck boomers

>>53504849
this lol, it takes 3 fucking days to settle a stock trade. crypto prices thing in immediately. with stocks it takes the boomers days to react.

>>53503020
boomer faggit

>>53503020
Volatility is the price you pay for owning the world’s best performing asset(s). See you in 2030.

>>53503020
>that market is a bot fest, its completely disconnected from reality
like every market

>>53505192
where does this level of seethe come from

>>53505267
From working in IT and having dumbass retards ask me about wallets and exchanges when they don't know how to change a windows password without me holding their hand through it. Crypto going mainstream was the worst thing that happened to it, now it's full of grifters and dumbass normies getting pumped and dumped, even people who have are a little switched on still getting fucked over by FTX and Luna type moments.

TSLA is more volatile than Bitcoin while TSLA has a higher market cap than Bitcoin.

>>53503020
That's what happens in free markets that aren't 100% controlled by the government and the elites.

>>53503020
>dumbest asset to invest in i'v ever seen
I will admit you have a point. It ill be even dumber in a couple weeks when we really dip.

Then it won't be some dumb when we're all getting paid like hell when it rips again in March.

>>53503020
why the girl on the right has 1:1 hip to waist

>>53503020
>that market is a bot fest, its completely disconnected from reality
So how much did you lose?

>>53503020
>Crypto is the dumbest asset to invest in i'v ever seen
>spike or dip for no reason like crypto
>completely disconnected from reality

You are the dumbest bait poster I've ever seen.
Only asset class with a systematic change of price
You are a sub 90 IQ schizoposting bozo.

Pic rel. End thread.

>>53503095
>just been watching the charts for few weeks, just noticing that it barely reacts to any fundamental but sipke and crash for no reaso
bahahahah keep coping faggot boomer you will never figure out this market and never make any fucking money here. the way it should be. screw your stocks and forex tradfi system

>>53503020
>>53503095
>if I keep saying randomly that makes it true

>>53503020
Shutup forex faggot get lost this is a crypto board.
Btw, crypto made me an actual millionaire over the passed year and it's still growing in value in some areas. Feels good to win. Faggot

>>53505317
>From working
kek you could have just stopped there

>>53503020
pip scrounger. Hate it or not theres some 16 year old here with a better ROI than you

>>53503020
nobody cares dude, we already know
"its all a scam" dont care
our scams pump harder than your "totally not a scam disconnected from reality 10x pe" stocks
new paradigm isnt up only, it's being fast as fuck and boomers used to sleeping in until premarket can't hack it on a 24/7 scam casino
get bent

>>53509188
fr fr no cap buzzin yo bawwwwlin

>>53505317
>working in IT
>having dumbass retards ask me about wallets and exchanges
helpdesk doesnt count as IT, nigger