/biz/ - Business & Finance

>>9119706

did you buy at 19k?

>>9108926
>I invested in coss because I thought it will make crypto trading possible without much effort for normies

Will someone explain inflation to me?

A coke was 5 cents many years ago, and that price made sense because it was proportional to the amount of money people have. Today, a coke is however many dollars.... which is also proportional to the current amount of money people have. The number went up but the price didn't.

I can see why this would look bad to someone older but I don't understand why inflation is such an awful thing that everyone is scared to death of.

>>9030032

>>9027567

hurr hurrr im asking retarded questions not related to the project and complain about getting no answers

>>8993344
Is that what your finance professor taught you?
Fundermental analysis is all that matters

Go trade in the stock market with that viewpoint and let me know how it goes for you

>>8990928
hurrrrr 40% inflation hurrrrr....

If you knew about Phore you'd know it is community governed. The community decided on inflation. Inflation reduces over time. Tx fees are burned. This could become deflationary as some point.

try harder tard

>>8969969

dead coin chart hurr durr

If I'm purchasing BTC/ETH from coinbase just to transfer it all into altcoins on Binance, does it matter if I first purchase BTC or ETH? It's all going to altcoins regardless so it won't be a huge difference, right?

>>8900855

i thought i posted in here yesterday but don't remember for sure so posting again just in case because i want to make it!!!!

>I lived in the golden age and made a solid amount of capital over the years
>I bought into crypto right before the big boom
>I accumulate significant sums because my investment has ballooned
>I live in a country that has internet
>How can you live in some other country that has internet and not perfectly time a risky investment into a speculative bubble?

>>8882102
Fugg

>tfw most of /biz/ associates red with sell and green with buy

>>8686411
oh yeah my bad... then it's totally ok to fuck her. The worst thing who could happen is the sisters speaking about which one is the best in bed. Sorry OP i'm retarded

>>8628689
>Lose money
>Gold

>10% down for the week so far

Thanks tech sector.

>tfw all in on those two
>down 30% on initial