/biz/ - Business & Finance

[Anonymous No.15593331]

Crypto has turned into a boomer-tier market without any major movement. Might as well get into (((stocks)))

[Anonymous No.15593347]

>>15593331
unironically this. it's dead. no use case for any of this shit until hyper inflation happens.

[Anonymous No.15593461]

>stocks are evil
Stocks are the best way to profit off of corporate america fucking over the poors.

Crypto doesn't pay dividends, and is only based on patterns that are easily manipulated and often contradictory
>this looks like a rising wedge, but it could easily mark an inverse head and shoulders pattern...

Much easier to just get a twitter notification that tells you to go short/long from the prez himself

[Anonymous No.15593523]

>>15593461

Crypto has staking.

[Anonymous No.15593527]

This is what a bottom looks like.

[Anonymous No.15593536]

>>15593523
99% of staking coins are scams, Ethereum included if and when 2.0 ever comes out.

[Anonymous No.15593538]

>>15593331
https://www.youtube.com/watch?v=N-aK6JnyFmk

[Anonymous No.15593545]

>>15593461
look at inflation adjusted returns on index funds. you'll notice that the returns barely pay for taxes, and you're left with the same purchasing power as you had before you invested; stocks are a boomer meme. I'm not even going to get into how real inflation is like 5% instead of 2%... at that point you'll realize that even in a bull market you're losing money with stocks.

dividens are also retarded. if the company instead used that money for stock buybacks like blue chip companies do, the net return is higher. also, crypto does pay dividens, with pos (example: ethereum, which will soon have pos and negative issuance), so with crypto you can get inflation adjusted, tax free (if you play your cards right, 3 nations style), dividens with guarenteed increase in the underlying assets price (due to negative issuance).

crypto is not the same as bitcoin, bro.

[Anonymous No.15593559]

>>15593545
What is 3 nations style?

[Anonymous No.15593584]

>>15593545
Maybe I should have said buy Berkshire then...
but I do believe in dividend payouts as well, especially to get great returns during bear markets and following recoveries.

I really just don't see 1970's like levels of inflation in the cards.

[Anonymous No.15593620]

>>15593559
it means you make your money in the US, and cash out in another country, one without capital gains tax.

there's a theory that every man should try to have residency in 3 different nations, for various reasons. you generally don't want to spend money in the same country as you make it, and need a third one to dodge taxes.

[Anonymous No.15593662]

>>15593527
More like this is what re-accumulation looks like. I can see it going to 16k or something small like the prophecy says but in the past things are flat like this after the initial pump leading up to the halving. I don't expect any real movement past maybe 20k until May 2020.

[Anonymous No.15593663]

>>15593584
nothing beats index funds long term, past performance doesn't indicate future performance. the taxes are not inflation adjisted, so the eat up all purchasing power. also, that's if you pretend inflation is at 2%, like with the chart you posted.

currently inflation is at 1970s levels due to QE, which is why food has doubled in price during your lifetime and boomers are bragging about 300% returns on the mc mansions they'll never be able to sell.

you are being robbed blind and don't even realize it because the numbers on your computer saying how much you have are going higher.

[Anonymous No.15593715]

>>15593663
>which is why food has doubled in price
Has it? I do most of my food shopping at the dollar store where I can get a bag of prewashed spinach for a dollar, seems decent. Then other discount chains where I can get big bags of frozen chicken breasts or tubs of whey because they're getting close to expiry.

[Anonymous No.15593719]

>>15593620
I feel like this has to be nearly impossible to pull off for burgers. How do you even get started, talking to a tax attorney to plan out a strat? It seems like you have to follow a route that is “sanctioned” for the wealthy to use versus finding your own loophole and risking everything if it slips

[Anonymous No.15593865]

>>15593715
yes, it has. dollar stores are not magical, and actually tend to be less of a bargain than just buying bulk. for example, in the last 10 years a 2 liter of coke has gone from 50 cents to $1.75. you can get generic soda for a dollar still, sure, but you used to be able to get it for a quarter. back in 2009. i know because I was a neet back then who consumed copious amounts of the carbonated jew, and used to buy 2 liters of generic diet soda all the time.

rent prices are over 2x as high also, as are cars, etc. but that "investment" in the s&p500, during the "greatest" bull run in history, still buys you the same amount of soda, can't pay the same months rent, and let's not even go there with cars lol. and that's before 30% of the imaginary paper gains are taxed.

[Anonymous No.15593920]

>>15593662
More time to accumulate you dumb faggot

[Anonymous No.15593924]

>>15593719
yeah the system is designed to fuck poor people. worst case you just crypto and use a mixer, then cash out in whatever south American, east Asian, or western European country you think has the hottest women. optimally you use a tax lawyer and pay 0% tax legally, though.

[Anonymous No.15593961]

>>15593461
remember

[Anonymous No.15594005]

>>15593331
any advice on investing , im thinking of delving in it , is it a good way to make money.

[Anonymous No.15594183]

>>15594005
Buy high sell low

[Anonymous No.15594415]

>>15593865
>that pussy
these are the dopamine hits that keep us coming back here...

The real estate bullrun is also to blame for that issue, but it's a lot easier for the poors to buy stocks.