/biz/ - Business & Finance

[Anonymous No.53926947]

Can you tell me how to get rich from stocks or crypto? Thank you

[Anonymous No.53926976]

Step 1. Start with a lot of money
Step 2. lmao ez

[Anonymous No.53926979]

>>53926947
Sure thing.
First you will need millions of dollars.

[Anonymous No.53926980]

>>53926947
buy low sell high

[Anonymous No.53927022]

>>53926947
Buy low sell lower

[Anonymous No.53927025]

>>53926980
How do I do that?

[Anonymous No.53927084]

>>53926947
Get very lucky. Time it right. Buy the right stock. crypto is going to zero in the long run. The internet is just a fade.

[Anonymous No.53927097]

>>53926947
TIP: prices are cheaper at 3.55am, so set your alarm if you want to buy.

[Anonymous No.53927244]

>>53927025
when it's low you buy then sell after it goes up

[Anonymous No.53927319]

>>53927244
Ah.
Yes. It really was that simple holy fuck.

[Anonymous No.53927370]

>>53926947
sure, get time machine and buy 10 years ago

[Anonymous No.53927414]

CHAINLINK

[Anonymous No.53927436]

>>53926947
patience is key. they will try to bait you. backtesting is key to find what works. it probabilities, you only want to bet on sure things, not on bait.

[Anonymous No.53927458]

>>53926947
buy cheap and buy the dip. also buy prime on coinbase

[Anonymous No.53927462]

>>53927436
use a stop loss always. this way you cant lose your whole stack and can replenish it. get a job.

[Anonymous No.53927486]

>>53926947
play as close as possible to the nash-equilibrium and wait for the other side to make a mistake.
keep in mind that in zero-sum games the classical approach to winning is to put your opponent into horrible situations to provoke making mistakes on their side. from this follows that financial markets are evolutionary systems built upon the idea of predation ... or to say it in a way that you may better understand it:

1. be a horrible human being
2. fuck everything up for everyone else
3. trust no one.
4. once certain size is achieved: rig the game.
5. (and as a beginner: manage your god damn risk, everyone is out to get you)

[Anonymous No.53927514]

>>53927462
ta, or drawing lines directly on the chart triangles etc does work, but it only works when they want it to work. they can hide stuff in the candles that are too hard for your eyes to see. you need to look at it from a signal war perspective. quantitive analysis works much better to "weigh" whats really hidden in the candles. the more volume on an asset the more herd behavior will emerge, and the harder it is for single parties or groups to move outside the herd.

[Anonymous No.53927822]

Bump

[Anonymous No.53928633]

>>53926947
listening to the advice from others sometimes helps, or investing in safe shit that is still growing like xor, those are still releasing updates and seem to be doing well, just listen to your boomer father and don't make risky moves

[Anonymous No.53928664]

>>53927025
Get into something you believe in, but don’t go all in because if you do you will absolutrly be shaken out even if you ended up being right in the end. I would’ve been a millionaire in my first 6 months trading if only I had held and not gotten swept away trying to day trade.

[Anonymous No.53928702]

>>53926947
If you have to ask you’re ngmi

[Anonymous No.53928952]

>>53927514
This is the best advice here

[Anonymous No.53929018]

>>53926947
just start with paper trading/snall amount od money. just like with everything in life it will take years to git gud

[Anonymous No.53929083]

>>53926947
The final redpill that /biz/ will never accept is that investing can't make you rich, and if it does it's akin to winning the lottery.
If you aren't handed wealth, you have to build it by providing something valuable. Investing is for preserving your wealth, and possibly slowly growing it over time.