[ 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: 361 KB, 548x666, 1536265243216.png [View same] [iqdb] [saucenao] [google]
11359595 No.11359595 [Reply] [Original]

>HAHA BOOMERS YOUR MEMES GOT MEMED LOL MEME HAHA JUST
>crypto crashes moments later

This dip in the stock market is a temporary correction
Crypto is dead and won't recover, the stock market will pull out of this by the end of the month
You will never see the kind of gains you saw in 2017
The dream is over, the bubble is already done
Crypto has no inherent value, and now that the speculative bubble is over and the hype is gone, it's going to fall back to earth and take every single one of you with it

>> No.11359617
File: 96 KB, 918x918, 1539221615762.jpg [View same] [iqdb] [saucenao] [google]
11359617

>hedge with crypto

>> No.11359638

>>11359595
I'm just imagining Bitcoin watching the stock market, and being like "Oooo, me too, me too!".

>> No.11359666
File: 81 KB, 935x1343, hataraku saibou.jpg [View same] [iqdb] [saucenao] [google]
11359666

>>11359617
>hedge with a more volatile and speculative asset than the rest of your portfolio

it's like saying "hedge with options" or "hedge with online sports bets"

>>11359638
"Look Daddy, I'm crashing just like you!"

>> No.11359725
File: 121 KB, 645x729, 1531280701704.png [View same] [iqdb] [saucenao] [google]
11359725

>>11359666
>not knowing how to hedge with options

>> No.11359764

>>11359725
That's true, you can hedge with puts
I should have said "hedge with calls" instead

>> No.11360224

>>11359595
>Crypto has no inherent value,
Neither does that paper you have in your wallet.

>> No.11360258
File: 41 KB, 710x580, 1529391901232.png [View same] [iqdb] [saucenao] [google]
11360258

>>11359595

>> No.11360624

>>11359764
You can hedge either with puts and calls/ buying or selling it

If i buy a put and went long on the underliying its like buying a call.