/biz/ - Business & Finance

>>26541459
Sec niggers are two slow. We still have a year before those boomers figure out what’s going on

>>26458107
That senile old man brings the value down, for sure

Name a more incompetent trader than Warren Buffett.

it's rat poison

Warren Buffet is to have a meal and three hours together with several figures in the cryptocurrency, Blockchain technology field. This includes Justin Sun of Tron.

Will Sun show an old rich Boomer the light?

>we're the early adopters
>crypto is like dot com companies

Wake up you delusional retards.

Crypto isn't like investing in the Google, Amazon and Facebook stock. Look at where Google, Amazon and Facebook were 10 years after they were launched, they were massive businesses solving real problems for real people, creating real utility.

Crypto is 10 years old and is still nothing more than shitty meme coins that NEETS use to gamble on using unregulated exchanges. This shit has no utility to any mass market.

>>11965456
I wonder if he asked Buffett for investing advice

he didn't sell at 20k
he didn't sell at 16k
he didn't sell at 13k
he didn't sell at 10k
he didn't sell at 6k
he didn't sell when it hit 10k again
he didn't sell at 8k
he didn't sell at 7k
he didn't sell at 6k
he didn't sell at 5k
he's not going to sell in a month at 3k
he's not going to sell in 2020 when it's only worth 100 dollars

lol

>>11776943
knows more about the crypto scam than you Pajeet

>>11570734
You have a pretty solid plan. Now's a good time to buy, the market is going through a correction and prices are lower than they've been in a while.

A very commonly echoed sentiment among people who make huge amounts of money trading stocks is "be fearful when others are greedy and greedy when others are fearful", and people are very fearful right now. The goal is to buy at the bottom and sell at the top, and more likely than not, we're at the very least near a bottom. When you're thinking in the long term, the point you enter at doesn't matter as much as they long-term viability of the companies you pick, and you seem to have picked some good options.

>>11289181
they trade in the short term, FOMO and panic sell on a regular basis, and make nearly all of their decisions based on emotion and blind speculation without doing any research on a company's fundamentals
they're like a textbook explanation of what not to do, yet there are still so many of them

>>11288808
Tim Berners-Lee invented the World Wide Web in 1989.

The Internet (as we consumers know it, I don't count internal military ARPANet or local university networks as the Internet) became 10 years old in 1999, and by then was a million times more adopted than all of crypto combined.

And the Internet actually required people to buy the very new personal computers and a whole slew of hardware to use, crypto can be used with the computers and phones that everyone already has.

Crypto is basically computer code, a bunch of defined software protocols running on a network, and software should spread way way faster if its useful. Look at Google or Facebook or anything else that is the "future" that runs over the Internet, it became part of every home in America by the time it was 10 years old. Crypto runs over the Internet, everyone could have access to it if they wanted, its just that no one wants to use it because even fucking Venmo crushes every fucking crypto in every way of usability.

Protip: If you've been buying since January after the bubble burst, you're now just liquidity for whales to continue cashing out.

Look at the stratification on Bitfinex in the order flow history, large sellers stratifying their stack across tiers and reallocating once each lower level is taken up by small scale buy orders.

This will bleed sideways and down over the next 3-5 years until the average normie forgets this bust cycle, they all got burned with 60-80% losses after they jumped into Bitcoin and other cryptos. They're not coming back anytime soon and the "institutions" will not invest what is an obvious investment pyramid scheme and where they have no use for the underlying asset.

If you're intelligent, you've already made money on the crypto ponzi. Those desperately hoping that November-December suddenly incites another frenzy will be sorely disappointed and after that they will start to leave, leaving another crash in Q1 2019 to down around $3K.

>>11211026
>buying crypto

Enjoy losing your real money for worthless internet meme money.

Why didn't you listen to people smarter than you?