/biz/ - Business & Finance

[Anonymous No.8992716]

How is everyone on this board so comfortable with gambling their life savings?

[Anonymous No.8992748]

some of us don't bet more than we can lose
the ones that gamble it all are just that type, or consider themselves as having nothing to lose
what's the problem

[Anonymous No.8992761]

IDK just do it

[Anonymous No.8992764]

>>8992716
Nothing to lose.

[Anonymous No.8992769]

>>8992716
because i already wasted so much money on an education that didnt lead to shit. So im either going to die a wagecuck or get rich. either way that money is a fucking pot hole in the road when its all said and done

[Anonymous No.8992774]

>>8992716
because everyone got richer compare to a year ago and know if they just hold, they will be richer next year

[Anonymous No.8992775]

>>8992716
uhh huh, sure
all any of us do is gamble

[Anonymous No.8992781]

>>8992716
BECAUSE ITS THE FUTURE AND I WILL GET RICH AND WAIFU AND NEVER WAGESLAVE

[Anonymous No.8992788]

>>8992716
nothing to lose anyway

[Anonymous No.8992802]

Because we don't like where society is headed and making it with Crypto is our way out of it (or alternatively, trying to improve it)

[Anonymous No.8992813]

>>8992775
How and what is the underlying?

[Anonymous No.8992820]

>>8992716

cause its not my life savings its just a few grand I managed to scrape together in october

[Anonymous No.8992834]

>>8992716
jesus christ

going to need a source on this piece of ass

[Anonymous No.8992840]

>>8992716
BBBBBBBBBRRRRRRRRRRRAAAAAAAAAAAPPPPPPPPPPPPPPPPPsnnnnniiiiiiffffffffffff...oh yes my dear....sssnnnnnnnnnnnniiiiiiiiffffffff....quite pungent indeed...is that....dare I say....sssssssnniff...eggs I smell?......sniff sniff....hmmm...yes...quite so my darling....sniff....quite pungent eggs yes very much so .....ssssssssssssssnnnnnnnnnnnnnnniiiiiiiffffff....ah yes...and also....a hint of....sniff....cheese.....quite wet my dear....sniff...but of yes...this will do nicely....sniff.....please my dear....another if you please....nice a big now....BBBBBBRRRRRRRAAAAAAAPPPPPPPFFFFFFFFLLLLLLLLLPPPPPPPPPFFFFFF Oh yes...very good!....very sloppy and wet my dear....hmmmmm...is that a drop of nugget I see on the rim?...hmmmm.....let me.....let me just have a little taste before the sniff my darling.......hmmmmm....hmm..yes....that is a delicate bit of chocolate my dear....ah yes....let me guess...curry for dinner?....oh quite right I am....aren't I?....ok....time for sniff.....sssssnnnnnnniiiiiiiiffffffff.....hmmm...hhhmmmmm I see...yes....yes indeed as well curry......hmmm....that fragrance is quite noticeable....yes.....onion and garlic chutney I take it my dear?.....hmmmmm....yes quite.....BBBBBBRRRRRRRRPPPPPPFFFFFFFFFFFFFFFFFFFFFTTTTTTTTTTT Oh I was not expecting that…that little gust my dear….you caught me off guard…yes…so gentle it was though…hmmmm…let me taste this little one…just one small sniff…..sniff…ah….ssssssnnnnnniiiiiffffffffffff…and yet…so strong…yes…the odor….sniff sniff…hmmm….is that….sniff….hmmm….I can almost taste it my dear…..yes….just…sniff….a little whiff more if you please…..ssssssnnnnnniiiiiffffffffff…ah yes I have it now….yes quite….hhhhmmmm…delectable my dear…..quite exquisite yes…..I dare say…sniff….the most pungent one yet my dear….ssssnnnnniiiifffffffffffffffffffffff….yes….

[Anonymous No.8992851]

I'm just larping. All my money is cash or mutual funds.

[Anonymous No.8992852]

>>8992716
cuz we aren't complete pussies like you?

[Anonymous No.8992855]

>>8992716
Dear lord...all that meat and so little cellulite.
No fap bullrun sacrifice is being tested

[Anonymous No.8992873]

>>8992716
Do you know where you are? Half the people here would willingly flip a coin where heads gives you $200,000 and tails gives you a quick death. Some of them would even be rooting for tails. A lot of the survivors would even ask if they're allowed multiple flips.

[Anonymous No.8992875]

Its not gambling when i know 100% what i am doing and i am consistently making the fucking big bucks. Go back to kindergarten kid. Grown ups are investing here

[Anonymous No.8992876]

for real though unless you're married with a family to take care of you're a retard for not going all in. opportunities like this only present themselves a few times in your life.

[Anonymous No.8992879]

>>8992834
probably traprapunzel on IG

[Anonymous No.8992887]

yolo

[Anonymous No.8992891]

>>8992716
Assymetric risk probabilities. Risking one dollar is worth its for 100. Greatest time to be alive anon.

We used to play catch with BTC
the good ol days may they continue on.

Also shes not asian

[Anonymous No.8992927]

>>8992716
How are normies so comfortable with gambling their hard earned cash by leaving it in the hands of kike bankers while their government purposely devalues their savings?

[Anonymous No.8992934]

[Anonymous No.8992936]

>>8992813
find a very illiquid market/coin
with a high spread

the second any decent sized buys or sells come through the market swings wildly

it helps if the coin is listed on only a couple of exchanges, although I won't tell you which this is. it isn't too hard to figure out because kraken doesn't have an abundance of listings

the trick is that you have to stack your orders such that you don't swing the market too much. put in size and price your orders in line with what the market is doing so you essentially hide in the order book.

because you can't take big trades due to the illiquid market, you can't make big profits, but you can make big percentages on smaller orders and pocket a couple hundred dollars in a very short time frame on trades that are so low risk they might as well be risk free because you are just playing at the edges of the order book and jumping between market buys and sells that bigger players are taking

[Anonymous No.8992938]

>>8992716
I have literally never spent a single penny in a casino or any other form of betting/gambling... but I have 80% of my savings in crypto. I guess the only reason I can say why is because it seems like one of those things that comes every 50-100 years or so that can set you up for life. Now we can transfer value directly from one person to another instantly for nearly free, one side of the world to the other, without the need for permission from a third party.
>While the Internet has created environments in which individuals and businesses can instantly share information on a global scale at minimal or no cost, the same cannot be said for payments
This is where blockchain comes in. I mean it doesn't take a genius to see this is the next layer of digitisation. Just like the internet was a huge step for transfer of information, and physical transport was a huge step for transfer of goods, blockchain is a huge step for transfer of value. And this is without even starting on smart contracts and dApps. Undoubtedly this market will be worth trillions, the implications are rather large.

Now buy my shitcoin :) to the mooooon!!!

[Anonymous No.8992981]

I have nothing to lose. Get rich or die trying.

[Anonymous No.8993060]

>>8992716
either going to die a wagecuck or i'll make it. i have a stable job already and will never miss anything. Also, i'm a degenerate gambler at soul anyway.

[Anonymous No.8993567]

>>8992927
>leaves cash in bank
>bank leverages it all without permission but has permission because fuck you
>EOY your money is worth 9% less because of QE and hyperinflation

[Anonymous No.8993602]

Early adapters still this is like buying Google and Amazon in the 90s

[Anonymous No.8993604]

It's called being a man

[Anonymous No.8993641]

>>8992716
Because the life savings won't be worth anything when the dollar collapses or loses its status as the world reserve currency

[Anonymous No.8993688]

>>8992775
you're market making? manually?

every exchange just has bots that will 1 sat you infinitely

[Anonymous No.8993713]

>>8992769
Precisely this. There no way to the top besides risking it all.

[Anonymous No.8993720]

>>8992716
no kids or responsibilities

[Anonymous No.8993769]

Is not gambling when you know you are riding the spearhead of the 4th Industrial Revolution™

[Anonymous No.8993773]

>>8992716
i went all in 5 minutes after i understood what a blockchain was

wish i understood it back in 2015 when i got some internet funny money to buy drugs on deepweb

[Anonymous No.8993796]

>>8992716
Its the most common trait of a slave with an addiction. They can't help themselves. That light is just soooo bright...

[Anonymous No.8993809]

Blockchain remians esoteric, until I fully understand it I'll invest. I'm not a brainlet btw.

[Anonymous No.8993817]

>>8992716
Some of us are in stocks and not fucking digital coins lmao

[Anonymous No.8993821]

>>8992716
I live on the edge and don't give a fuck

[BearShaman !!L8t332Waibq No.8993825]

>>8992748
>or consider themselves as having nothing to lose
nailed it

[Anonymous No.8993836]

We have nothing to lose but our chains.

[Anonymous No.8994129]

>>8993836
This, I just don't give a fuck.

[Anonymous No.8995146]

>>8992716
Because it is new and exciting. Like the dot comes boom but something we can take part of now. Sure there will be a lot of losers (link holders lol) but there will be some amazon tier winners too.

[Anonymous No.8995370]

>>8992716
Nothing to live for. If it crashes and burns at least it'll be spectacular.

[Anonymous No.8995448]

>>8992716
this bitch is ugly af, why do i want to fuck her so badly

[Anonymous No.8995457]

>>8992716
100% comfy when it’s Vechain

anything else not so much

[Anonymous No.8995495]

>>8992716
Jesus Christ this fat scunts face is looking beat. She's not even 30 and already hitting the wall.

[Anonymous No.8995520]

>>8992873
kek this. If I cant be rich make me a vegetable and have my ex who didnt believe in me see what Ive become. Id love to see her cry kek

[Anonymous No.8995557]

>>8992716
I've had the taste of neet freedom and I don't want to go back to wagecucking. I'm so fucking close right now.

t. options trader

[Anonymous No.8996207]

Because it's a good bet.

[Anonymous No.8996251]

BECAUSE MOST OF THE PEOPLE HERE IS 13 YEARS OLD AND USING HIS MOM MONEY TO BUY CRYPTO.

[Anonymous No.8996279]

>>8992716
because some things are just NOT a gamble, anon.

For instance, QASH at .60 cents. Stake-able coins like IPSX at a 7M market cap, etc.

Shit's not going away.

[Anonymous No.8996319]

>NEET
>100k in crypto

[Anonymous No.8996375]

Simples. Literally the only promises wagie life holds are completely uninteresting to me: social standing with normies, partying and drugs on the weekends, so roastie fresh off the cock carousel, stupid gadgets I don't care about, le big game sportsball events, other normie shit I don't care about.

On the other hand it threatens you with deprivation if you won't play ball.

Well, fuck that shit nigga. I don't need any of the former and have enough money to stave off the latter. I will have made it or just kms by the time I run out. Gay-ass normie wagecuck society is not getting a single joule of work from me.

[Anonymous No.8996427]

>>8992764
>>8992761
>>8992781
>>8992802
>>8992981

Only in the worst dystopia would people like this become the new 1%

[Anonymous No.8996493]

>>8992716
Because i dont do anything with my life savings anyway, i dont out to drink and party and smoke crack. i work i stay home and play videogames, i might as well gamble so i can continue my sedentary lifestyle with no financial problems if i make it.

[Anonymous No.8996533]

>>8996493
this, but i do smoke weed

unironically had $5k just rotting away in a savings account from working, dumped it in crypto in august and boom now its worth 6 digits.
could be a millionaire off my fucking part time job money lol, feels surreal

[Anonymous No.8997096]

>>8992716
Dear Lord she's perfect. I want her to sit on my face and grind that juicy pussy and taut butthole into my mouth and nose

[Anonymous No.8997360]

>>8997096
Aren't you afraid of her cracking your skull under all of that weight?

[Anonymous No.8997488]

>lose weight for health
>fall for the thicc meme and get fat again
>have to use instagram filters in every one of your photos because doing drugs/taking nigger dicks/and eating like a pig is taking its toll on your looks
Women really don't have any sense at all.

[Anonymous No.8997494]

>>8992716
>>8997360
Its a good way to die

[Anonymous No.8997537]

>>8996493
I started thinking about this. It's weird. I live a quite frugal life and have reasonably good income (shit compared to 1st world standards but OK for the 2nd world). Talked with a buddy of mine who's in the same position and told him you should never invest more than you're willing to lose, and that I'm not that heavily invested. He said he "would never invest anything unreasonably big, something like 1000$".
>mfw my current fiat investment is 2000$
I think people just have different risk tolerance.

[Anonymous No.8997566]

Because I cashed out my initial investment + some profit to make it worth while. Comfy as fuck