/biz/ - Business & Finance

Anyone who thinks they're smart for not holding XMR is a midwit. Even in the Monero community there are lots of midwits who barely hold the coin. There's druggies who put their entire net worth into the coin on a fortnightly basis and there's people so high iq that you've never heard of them holding enormous stacks.

Insecurity, materialism, consensus, obedience, naivety, hesitation, and confusion perfectly encapsulates the traits of someone who doesn't hold XMR. 5 years of bad price action is all it takes to sway your feeble minds from the fundamentals. Fundamentals that are obvious to an idiot but not to you because you've got so many clever thoughts clouding your thinking.

>>58206627
pic related

>>53631386
>t's a ponzi scheme, isn't it?
it is but it doesnt necessarily mean that the shitcoins are worthless.
sure in some fundamental muh-real-world sense they are all useless and shit at what they claim to do but theres more influential metrics of 'worth' than that or else pretty much everything we could spend fiat on would be considered equally as worthless. outside of things like agriculture, energy or weapon production, maybe some tech manufacturers and a home to live in, pretty much everything else is bullshit if you view the world within some fundamental-only frame.
but consider what really runs the world given we are long past the stage of survival being difficult; its hope, greed and speculation, human ambition is the most powerful force in existence, it drives everything we do on a daily basis and the shittier the shitcoin market the closer to the apex of that force expressing itself you ultimately get to.
people will walk past a burning orphanage when nobody else is helping if they think it looks too tough a job but will fight to the death to protect a wallet some nigger is mugging them for if theres $20 in it, that motivation is so extreme that it itself becomes a tangible fundamental force and if you dont consider it one you will forever fall victim to those that understand.

>>53273249
>the retards win (and then lose everything)
the retards buy and hold, they dont try and outsmart the markets, thats why theyre friends with the high iq.
midwits are the TA and crypto research nerds always trying to figure shit out, theyre doomed to failure constantly chasing the next pullback or the next 'working product' lol
and you wrote in your post already what the insight is, it should be your goal to be the insider, cheat and lie, be your own pump and dump.

>>53020033
yeah this is generally the sentiment, people seem to think its just a matter of time before theres a rebound 'back to normal' and even if that takes years, they dont care.
a lot of retarded 30 year old boomer midwits who think theyve cracked market psychology and sentiment havent come to realise that things have changed fundamentally, particularly post covid. there will never be a mass capitulation/sell off no matter how low things get as retail participants have concurrently become too informed on market cycles and have no other alterntive strategy to making it outside of speculation.
in the past there was the tortoise v hare debate, was it worth putting excess income into slow but stable long term assets like a home v putting excess income into the markets where you could potentially make a lot more money but of course could end up losing it all. the threat in the old decision was that risking money on the hare meant missing out on the slow and steady progress of the tortoise.
well the tortoise is fucking dead, there is no 40 year career to rely on anymore, the home you buy today you may not be able to afford in 12 months when a fucking chatbot takes your job and nor might there even be a safe society and community, with fair laws and government, that could support an assets "natural" growth long term.
so yeah, people are betting on the hare and they dont care if it fails, there isnt a plan B anymore

>>50883544
not all europeans, most white people are pathetic, just like not all jews, as lets be real, everyone sub 130iq is kind of retarded and theres no median 115iq ashkenazi jew running anything, the majority of jews are retarded.
european men have the flattest iq profile of any group, we have more retards and more smart people, its all a consequences of the societies we once had to form to survive the european winter. women were the midwits.
the emergence of the urban midwit greyman white skinned male is a creature nature never intended to exist at all

>>50338503
>is trading only meant for high iq individuals?
no not necessarily, anyone can trade.
though selling trading as a high iq activity plays well with midwits, so youll often hear that it is and hear the lie perpetuated among midwits all larping to one another theyre now suddenly high iq. the tell tale sign of a midwit who is lost and pretending to know whats going on is when they start talking about TA.
midwits generally have no appreciation at all for how vast the capability or potential gap really is between themselves and those with a high iq, so they often mimic the behaviour, stories, jokes, ideas and whatever else some kike has labelled as high iq for them, believing that all they have to do is put on a facade of being high iq to get smart boy points from their peers without ever truly understanding how those ideas/behaviours came about in the first place.

Wagmi

Long term

>>49862881
You can only achieve greatness if youre iq is insanely high or absurdly low. Everyone in between is merely an observer.

>>49690699
> I can’t even believe there are people who buy these things.

It’s because you’re thinking about it in rational terms. It’s so absurd that it only makes sense to the two extreme ends of the iq spectrum. There is something they possess that midwits don’t. A lot of things start to make sense when you look at them this way.

>>28012218
>The meme about low IQ and high IQ being the winners and average IQ being the losers is irrefutable
id say sadly for many but its actually hilarious to me as ive delved deeper into the roots and consequences of midwittery.
white male midwits are a race of people nature never intended to exist at all, theyre the product of industrialisation and urbanisation, its only taken us 6/7 generations of 'defeating' every historic survival pressure for them to emerge and completely pollute the gene pool.
its telling that when they leave that protection behind and go swimming in one of the last remaining meritocratic systems open to us, they fucking fail miserably.

if theres anything the midwits can learn, itll be from the low IQ rather than the high IQ, the low IQ just buy and hold forever, they can accept the tips from smart people without questioning them and ultimately get rewarded.
no matter how many meme lines midwits draw theyll never in their wildest dreams achieve the pattern recognition skills smart people can, theyll never interconnect the dots between apparently foreign data sources, believing they just need to work a little harder to crack what they consider to be some secret code is what has them chasing their tails forever. fucking stop.

totally out of the blue our head office asked us about various nigger lives matter issues as part of quarterly questionnaire we get about whatever the company has been doing.
i say totally out of the blue as for all we were aware, they hadnt said or changed any of their policies, they didnt make any silly gestures in public and they didnt make any expectations of staff this summer during the hysteria but apparently under the radar they committed to making a bunch of high level affirmative action hires at HQ, aswell as paid some company a fortune to retrain all our staff on the benefits of racial diversity in the workplace that hasnt hit us yet.
i told my boss quietly that i wasnt happy about any of this stuff and any support i gave it would be lying, he told me just to bite my lip and click 'neutral' answers all the way through, to just forget about it like everyone else.
i said no and i told him today would be the last time he sees me in work.

i dont feel like ive fucked up, i truly couldnt give less of a fuck

>>20563900
I was just going to ignore it.
>>20562866