/biz/ - Business & Finance

>>26980102
the problem of induction states that predictions based on history are vulnerable to new events. There's a first time for everything. Just because gold has always had value doesn't mean it always will. Just because nobody had cordless telephones with video cameras in the past doesn't mean they never will.

we're in a time of unprecedented technology and psychology, what happened in the past no longer matters. It's entirely possible for gold to become worthless in times like this, even if it never has before.

>>26835195
money talks. and 98% of them share a religion and cultural identity so they will go out of their way to help each other out in times like this. they are the CHOSEN ONES

in times like this paper hands will sell
always the same

>>25845925
Thinking of buying into Stanos pool in times like this. Is it wise? Or 100% Statera?

I mean, passive fees/snx btc link eth/ 50% Statera sounds good right now. Not too much worries, just count cryptos will climb high as a whole and not stressing about picking right coin. + passive fees

Iron hands are made in times like this for you anon. You either take the bullet and buy the dips or you get shaken out and fomo months or years down the line.

>>25619396
>nothing OTHER than quantitative easing is done in times like this,

what are stimulus packages

>>25619240
>Every country and civilization on the planet that has attempted their version of QE - from ancient Rome to modern Japan - gets stuck in a quicksand where further rounds of QE are "needed" to deal with the fallout of the last round.

Surely the economists, etc, are aware of this fact then, and since nothing OTHER than quantitative easing is done in times like this, I have to assume it's the best method to handle this situation.

>>25205000
Lol if you think the whales are going to sit in bitcoin youre an idiot. What do you think they do in times like this, sell it all? Shift into higher risk for more profits. They know Bitcoin isnt going to last forever and theres a lot more relevant tech.

BMI. Having insurance is very critical in times like this. BMI will be listed in 2021 Q1 so you've got time to research.

>>24935032
I wanted to get in cheap too as a speculation but I feel this is just too expensive at .14. I have 10k shares and that might have to be it for now, I've been burned trying to chase a rising stock and usually patience in times like this pays off. I got really burned on blue lagoon, bought the dips to average in and was gonna sell a bit When it turned around but it never did. It just keeps falling. If anyone wants to bet on good results from their drilling come January, now might be a good time to buy in.

Honestly bayhorse seems like a better buy right now than Klondike, cheap from all the FUD, and at least they're producing (I know it's not as much as expected yada yada)

>>24613447
I'm actually rent striking in one of these unis right now. >>24613530 pretty much has it right, as well as the fact a lot of us joined in response to self-isolating students being treated badly and even not receiving food in some cases. If anyone has any questions I'm happy to answer best I can.
Literally came to /biz/ a week ago after finding out my aunt did well investing and wanted to learn more. I want financial security in times like this.

in times like this which is better, sell my shitcoins->btc back or a stable coin like usdt and back? Someone post a fucking equation so i can see the difference.

>>24311892
it will help you never buy a company that will go bankrupt, which is important in times like this

>>24289107
why do shitcoiners always isolate bitcoin in times like this when their shit is dumping harder

I didn't go to college. I landed a state govt job. Job security. Comes in handy especially in times like this. Whenever this virus shit is over with and they say "back to normal" I go back to work as if the previous months never happened. In the meantime I'm "semi retired". I still get paid in full; just work as needed. Go in a few hours. Spend rest of the time sitting on my ass at home. I'm able to retire in full in just 12 more years. 2032 and I walk.

When BTC was 1k$ i was kid, when it was 7k$ that kind of money was untouchable for me. Now when it's 15k$ i have access to 7k$ but no more. Is BTC ever going to get to those levels? I know its not popular to disscuss bearish scenarios in times like this but i think its my only chance left to own 1 BTC. I curse the day when i first saw it at 0.50 cents but tought it was a scam. WIll i make it?

Such a fucked up sign for our economy.

When interests rates are high = properties are cheap.

When interest rates are low = properties are overpriced.

That's why rich ppl wait for interest to go high, it's impossible to be 10% interest rates when medium houses are 500k.

But it's possible when they are 250-300k. That's why rich ppl get wealthy in times like this.

No rich ppl are buying houses so I wouldn't touch them, there offloading them, go watch that aussie nerd Martin north. Data shows 1.4 mill+ apartments vacant + unemployed = buy a house could be like nap fags in 1990, still there houses are under the price they paid... That's Japan, our economy is fucking shit and concentrated, were fucked.

>>23622693
In times like this you bet against everything except boomers doing extreme things to save the market at the cost of everything else.
DOUBLE Infinite QE or the FORBIDDEN technique if it gets really bad

Isn't it retarded to just hold in times like this? Sure the markets will bounce back but isn't it better to just cash out early and then rebuy the dip?

so what do you think, up or down after election day? doesn't matter who wins because in times like this it is unpredictable if market reacts like it always had on elections.

Excited to be playing this game in times like this. Lfg

>>23139844
>>23139922
True but the industry still has value even if decaying. Usually it's in times like this that opportunities come up because everyone is thinking like you. With that said, I'm not saying to buy because I, like you, have overlooked it a lot and don't even know what's a good play. I'd have to analyse first.

Another $ in times like this? BAKA

>>22266161

To my mind, the bankers have now forced us into a position where we _have_ to act radically with our money. If we sit with our cash in a bank, we are running the risk, every single day, that we might lose it. Whether to a banking crisis in which the banks actually collapse, along with everything in them, or a hyper-inflationary event from their being bailed out. Stocks are in an unprecedented bubble; so the only safe thing to do is to put the money in gold. Mining stocks are much more of a risk than bullion, but mostly in the sense that, if we are wrong about PMs, and the Fed pulls a rabbit out of a hat, metals will collapse to a certain extent, and miners will collapse into oblivion because of that. But I simply don't see how that is possible at this point, because yields are now negative, and can _only_ go downhill from here. And that's why most my money is in mining stocks, because I have 100% courage in my convictions about PMs. Gold bullion, however, is a safe place to go for those who simply want to preserve what they have got.

Money managers will talk about diversification because they don't really care about their clients. They simply want to cover themselves. If everybody else invests in Tesla and Apple, and then loses everything, they don't get punished for it, because it was simply a "systemic failure." In times like this, we have to think for ourselves. Anybody buying mainstream stocks right now, or bonds, is going to be wiped out.