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/biz/ - Business & Finance

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21284146 No.21284146 [Reply] [Original]

Daily reminder that crypto is gambling and you all will lose all of your money.

Why don't you just listen to Benjamin Graham? He literally taught the most successful investor of all time. You could be getting consistent gains in the stock market.

>> No.21284172

dr;ns

>> No.21284195

>>21284146
Not reading all that OP, just post uniswap link

>> No.21284251

>crypto is gambling

that's what makes it so good retard

imagine telling people youre making a living off "investing"/""trading"" instead of gambling

>> No.21284287

>>21284146
Investing to gain from compound interest is boring as fuck.

Gambling is fun

>> No.21284389
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21284389

>>21284146
Leave boomer

>> No.21284466
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21284466

>>21284146
>consistent gains

>> No.21284972

>>21284146
Man it must have been so fuckin easy to have been a boomer. If you were a boomer that wasnt retarded life and investing were fucking easy lol

>> No.21285089

>yea bro, u just have to wageslave and save until you're 60 but investing is definitely superior !!1!

>> No.21285350

Stocks are for boomers and books are for nerds. I ordered that bullshit off amazon, read 10 pages, and its sitting on the floor somewhere. Im up 10k on statera in the past 2 days so fuck jewish ben graham fuck roth iras fuck 401ks and fuck working behind a desk for 30 years to enjoy """retirement""".

>> No.21285742

>>21284146
I remember that era on /biz/, after the 2013 bull run ended. What a cringe time that was. It was all DCA, value investing, roth-ira advice, step by step cuck investing.

>> No.21285783

>>21284146
I actually read this.
Completely useless book.

It's for building a retirement fund in the 80s

>> No.21286140

fundamentals are useless in this market

>> No.21286159

>>21284146
He actually tells you to gamble 5% of your net worth as it is “the spice of life”

>> No.21286198

>>21286140
This

>> No.21286538

I'm all in on XCM sir, it's a guaranteed 100x, not gambling a thing.

>> No.21286749
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21286749

>>21284146

The ultimate redpill, rarely spoken, is that it is absolutely useless to be rich when you're old.

Those who know, know. Those who don't will hand their most valuable resource to another man. The ultimate - and final - cuckoldry.

Most stoic literature is obvious and surface-level, but if there's one piece you should read, it's this one by Seneca:

https://tripinsurancestore.com/4/on-the-shortness-of-life.pdf

>> No.21286797

>>21286140
Most based answer

>> No.21286807

>>21284195
Kek

>> No.21286933

>>21284146
Only way to make real money is options or crypto.

>> No.21287142

>>21284146
What are YOU buying then, dumbass?

>> No.21287492

>>21286749
opened in new tab to read later, looks interesting. thanks for sharing friend

>> No.21287515
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21287515

>>21284195
here's one more your speed kido

>> No.21287521

>system built upon fiat currency
>muh fundamentals

>> No.21288359

>>21287492

Happy to help, anon. You'll enjoy it.

>> No.21288486

I own this book and it's only relevant to rich fags. Shooting after yearly 5% gains only works when your portfolio is over a million dollars.

Most people that are interested in crypto don't even have over 50k to offer up to the market if that. Some dudes are literally trying to flip $100 accounts. Warren Buffet and all of the other top tier investors aren't relevant to crypto or even WSB.

>> No.21288501

>>21284146
Bitcoin is not gambling. Uniswap defi shenaniganS are the pump and dump gamblerboins.

>> No.21288928

This book would teach you to buy a Vanguard Target Date fund, or S&P Admiral

VFIAX was $193 5 years ago, now it's $310
VFIFX was $30 5 years ago, now it's $40

You must be shitting me to think that entices me to slave

>> No.21288969

>>21286749
Everybody should read this. Thank you anon.

>> No.21288986

>>21284146
How is this Daily?

>> No.21289045

You never hear anybody exclaiming about how rich they got off a sound investment. Usually, somebody's story about how they got rich involves "risking everything"

>> No.21289771

>>21284195
winner

>> No.21289843

>>21284146
that book its still good to read. even after you make it, you need to invest it to live off it

>> No.21290062

>>21284146
i'm not some rich guy that can put 100 million in something and live with .3 % returns, crypto is the way to go for poorfags

>> No.21291042

>>21284146
The thing is, I was thinking like this up until a little while ago. Just look at Statera. 27x in a week. Kodak stock did that and it was national news

>> No.21291136

>>21286140
Fucking this. I’ve made more using my gut, and lost more listening to ancient retards.

>> No.21291322

>>21289045
You don't know rich people. So many rich people got filthy rich by buying Berkshire. 60 yrs of compounding at 19% is insane. 34000x at high liquity. 200 bucks for a pension.