/biz/ - Business & Finance

[Anonymous No.57130248]

Why do you guys always talk about 2x 5x 10x etc when the best investment firms on Wall Street don't even get to 1.1x

[Anonymous No.57130262]

>>57130248
They do. Just not on all positions. It's all about risk management for them.

[Anonymous No.57130298]

>>57130262
So what you're saying is most baggies will lose all their money?

[Anonymous No.57130325]

>>57130298
How else do you think the market works? Everyone constantly wins by 10x-ing their investment?

[Anonymous No.57130336]

Because wallstreet firms have so much more capital they can't actually sell to anyone with that much money that they can make those returns on their whole portfolio. Its easy for retail wagies to 100x but you'll never see bill gates do that at his networth. Also crypto only comes once every 4 years while wallstreet firms need to be in operation at all times.

[Anonymous No.57130692]

>>57130248
We chuds know about crypto and wall street doesn't. It's that simple.

[Anonymous No.57131110]

>>57130325
That's how WAGMI pumpers pretend it is

[Anonymous No.57131155]

>>57130248
>Why do you guys always talk about 2x 5x 10x
because it happens all the time

[Anonymous No.57131211]

Made a 60x on $2700 the other day, life is good, wall st boomers tongue my anus

[Anonymous No.57131275]

>>57130248
Because they're trading with billions of dollars, so a 10% gain is huge. People on biz are trading with tooth fairy money so they need 5-10x gains so they can move out of their parents houses.

[Anonymous No.57131285]

>>57130248
I get 400% profit per year consistently
wall street can suck my balls

[Anonymous No.57131318]

>>57131155
I'm not talking about some bum turning $100 into $1,000 and then immediately losing it

[Anonymous No.57131327]

>>57131211
>>57131285
I don't believe either of you.

[Anonymous No.57131591]

>>57130248
that's crypto. A lot can give you 50x in a year. Just look into privacy which is a real usecase.

[Anonymous No.57131829]

>>57131275
Tooth true anon, tooth true.

[Anonymous No.57131849]

>>57130248
Cause it’s possible. Look at Pool right now. Absolute steal and just 2x every other day if you buy at the righ time

[Anonymous No.57131865]

>>57130248
Because the people that post here are gamblers. Wall Street Firms are investors.

[Anonymous No.57131990]

>>57131318
>I'm not talking about some bum turning $100 into $1,000 and then immediately losing it
yeah people 2-10x, and higher, all the time in lots of different markets and in lots of different time frames.

why wouldnt you believe it? look at stock charts over the years or crypto charts or the prices of houses or the prices of other things. do even a little bit of research into this stuff and you will see that it does happen, not sure why you don't believe it.

[Anonymous No.57132314]

>>57131990
And then what? Do you just cash out the $1,000 or do you keep gambling and then eventually lose all of it? Either way you're not making a lot of money.

[Anonymous No.57132353]

>>57132314
okay keep on coping little normie tradfi cuck

[Anonymous No.57132463]

>>57132353
You're the one coping. I'm just being realistic.

[Anonymous No.57132495]

you can make a lot of money on stocks too, but most people are too gay to invest in high risk shit. Some stocks can easily go x10 in a year.

[Anonymous No.57132568]

It's very simple OP. It's about fantasy taking over the position where something else normally goes.

A person imagines that they will multiply their money ten times over without doing any work. Can it happen? Sure. It has before. What if it did though? What if 10k became 100k? Well, that 90k is a year's salary, minus taxes, for an ordinary person working a pretty good job. For a lot of people it's two years salary. For the overwhelming majority of people turning 10k into 100k would absolutely be life changing. They'd have options open up for them. They'd be able to retrain for a different job, or put a downpayment on a house, or have some savings so that they didn't have to fear a temporary period of joblessness or living paycheck to paycheck.

Yet in these wild fantasies you'll find that people talking about 10x are not satisfied with turning 10k into 100k. They imagine a million. Not only do they imagine a million, but they have no plan on what to do with that million. No small business ideas. No plans for an investment portfolio that nets an acceptable rate of return. No plans for buying a home and possibly a few rental properties that they can manage for a passive income.

They invariably imagine lavish spending that even a millionaire couldn't afford for very long. They imagine cars, boats, and watches. They imagine women suddenly throwing themselves at them. They imagine popularity and pride from their family and loved ones, and a little bit of rubbing other people's faces in their success.

People here don't have a concrete plan for what they'll do when their coin of choice moons because the point of throwing their savings into a coin in the first place is to evade making a concrete plan. Imagining that something will 10x lets you step outside of practical realities. It is an evasion of the very real future by retreating to a plausible hypothetical and magnifying that plausible hypothetical into the fantastical.

[Anonymous No.57132607]

>>57130248
We talk about x2 x5 and x10 because we also do -50% -80% and -99.98%

[Anonymous No.57132668]

>>57132314
you either hold and hope for more gains or cash out and do whatever you want with the money. how do you think this stuff works, you think everyone is just faking that they're making money from investing?

[Anonymous No.57133738]

>>57130248
I'd rather dig a hole in the street and fuck it, I trust SPX and their nostalgia for the 2008 era more than a street that has wolves on the loose, dangerous shit