/biz/ - Business & Finance

>>24357775
and besides, we've got to do something besides posting pics of the same old stacks over and over again.
would be interesting to see an estimated count of how many regular posters actually belong to /pmg/
I'm guessing less than 100 regulars frequent /pmg/
so basically one single thread is enough for everything to be said and after that we're just regurgitating the same stuff over and over

did you buyed?

>>23274045
maybe someone is trying to fill their decoy safe with realistic fakes

Too this day I have no clue how crypto currency works and how it can be transferred into something that actually means something...

Like in my head I have no clue how new currencies come up all the time and why people buy them...like if u can't spend the money or put it in a bank or anything how is it even worth anything...

>>22867458
Anyone remember that time when /biz/ was on the literal front fucking page of investing.com???

Instead of throwing your money on things that don't matter like crypto maybe invest in things that do matter so you don't have to live in a storage garage for the next 20 years hmmm????

OOOOOOOO this gon be good

Also, Turks are dumping Lira for G O L D
The US Fraud Note is the least sickest kid in the hospital. All the currencies will return to nothing.
>www.nasdaq.com/articles/turkey-trade-deficit-soars-as-lira-drop-sets-off-gold-rush-2020-09-02

One more bump.

I still can't believe we were on the front page of investing.com not that long ago
Gold boutta crack $2K for the second time.
We're off to the races, lads. Buckle up.

>>22045712
You cunts keep saying this like the only money that matters is if you make it to millions. Diversification is definitely not a meme. That doesn't mean you should be in 20 projects no matter how much money you have, but diversifying when it comes to shitcoin plays is an extremely basic way to manage risk. It lets you bet more money while not being as worried about your portfolio going to zero. We are talking about an asset that will easily do a 2x in a day or go to zero.
>well think of all the gains you miss out on
Yeah, and think of all the losses I miss out on as well. My folio is now ~50k from 15k and that's fine for me. I'm not a degenerate gambler and am trying to build stable wealth generation, because that's the key towards escaping this hell. Not yoloing all in on uniswap scams.

Personally, I think large caps (top 15 or so) should always be a majority of your portfolio. Mine is made up of LINK. Then I have another 30-40 dedicated to mid caps (which were originally all small caps but they've all had a lot of upward movement) and finally I have a few moonshots as the last 10-20 or so percent of my folio. Really I'm in desperate need of rebalacing particularly since I wanna move to an 80/20 crypto to precious metals split but I am never selling.

The point is that you need to decide your appetite for risk. The price of the large caps seems to be settling down and will probably move in shorter movements. And the most important thing to remember is that Rome wasn't built in a day. If you can come up with a split you think is comfortable, maintain it and continue to build on it. Because eventually you wind up with a hundred in that split, then thousands, then hundreds of thousands, etc. However, I will say that diversifying is a total meme if you can't afford to have a few thousand in any given asset. That just my personal belief. It's all about risk management.

Don't diversify only into shitcoins though. You will probably kill yourself.

>>21786897

Bitcoin.

>>21676447
Sorry, obv meant gold, crypto and stocks.

>>21673832
Do you think it's worth diversifying to individuals though? I'm really not sure how risky junior miners are just kinda bought 'em just cuz. Only about 5 percent of my total investment portfolio right now but wanna start adding to it.

Crypto and PMs are both better than fiat. Invest in both, choose how much % to put in each

>>21649765
>>21650013
Pic related

Lol this “dip” is nothing compared to last Tuesday. If you held through that, congratulations, you are now immunized to shake outs like this. Keep stacking boys

>>21581873
What you're saying is only gold and silver are a sensible investment right now, physical obviously.

>>21564722
Checked. Our stacks will buy us those qt Euro gfs one day anon.

>>21530121
>>21530158
Don't listen to him, the truth is, nobody knows.
10oz of gold and 1000 oz of silver would make me sleep like a baby.
Also, leave yourself some Crypto in a separate wallet and hold them for 2-3 years, just check the price. Sell only if it does what LINK did recently. Crypto can be better than anything else if you get lucky.

>>21506784
Thank you Yukari-chan

By the way, what do you guys think happens as a European if I blow like 5000 euro or 10000 euro on a gold / silver bar / coin that I buy with crypto in an attempt to avoid taxes? Is it literally instantly swatted and fucked up the ass with a porcupine or will the gold arrive normally?

>>21489684
wagmi fren

>>21481105
>You Americans should be grateful your currency is actually valuable.
Every day less so I'm afraid