/biz/ - Business & Finance

Most people will lose everything this run. Only 10% made it out with some kind of profit last time and the people who maintained their ballpark wealth invested in solid projects instead of FOMOing into fotm garbage. It doesn't matter how early you get in, your top performing coins can and will collapse overnight for any number of reasons. You won't time the top so quit while you're still ahead. Meme coin investors and Luna learned this the hard way in 2022.

level of tech exuberance ITT is dangerously high.

Why did everyone forget CBDCs are coming?

They are clearly intentionally tanking the financial system across the board so they can say "worry not citizens, we have a solution!" and usher them in. The housing market is already paralleling the 2008 market in many ways, debt and inflation are still spiraling out of control and they don't want to implement any real solutions to prevent disaster.

For those who don't know, every denomination of CBDCs are 100% traceable and mappable to you as an individual. They will be able to set up AI algorithms to shut off your access to money if they don't like you for any reason, extract taxes from you automatically, restrict what you're able to buy or sell, or even put a cap on how much money you can have. Anything you can do with a smart contract, the government will be able to do with CBDCs.

Dark times are coming, and soon.

Every year, I try to beat the market, and for the most part I have been successful.
But Biden and his shit has thrown everything into a tailspin, and it's almost impossible to figure out this economy because so much rides on what Congress/FED policies take place (just how the elites want it).

So far, my portfolio has some winners up as much as 30% (AVGO, NVDA, GOOG) but losers (like ULTA, HES, CEIX) that have dragged my portfolio down.
I'm only up 5%, compared to 8% if I had a basket of ETFs/Index funds over the same time period (QQQ, SPY, VOO).
Should I throw in the towel and stop picking individual stocks for the time being?
I would instead do 50% QQQ, then 25% each in SPY and VOO.

Is there an opensource decentralized crypto debit card? We already have non KYC exchanges, but I still can't buy a coffee with my crypto, I need to swap it to fiat using my bank account and this is neither private nor safe.
The best thing would be if I could recieve my wagie salary in crypto after giving them this card, it would automatically exchange fiat to crypto making banks obsolete, did no one think of that? Some normie exchanges offer that, but I won't give them my ID.
Am I really fucking forced to use some of those shilled exchanges with VISA cards? Wasn't the point of crypto to uproot these Jews from banking?

>>54389322
What Chinese assets should I buy?

Let's hear some solid Chinese tickers, stocks or crypto projects

I told you to exit in 2022.
That was your last chance.
Now it's 2023.
I told you it still has to get much worse before it ever gets better. Only once every shill has been decimated, every dog coin has been put down, and every major bank has failed will we be allowed to moon again.

>>54168965
Everyone is a bit of that frog inside.

At what age did you come to a realization that 100 million usd is not a lot of money?

I was 19 yo when I realized that I can't achieve anything in life without that kind of amount. I'm 21 yo now and I feel like a 40 yo boomer.

>>53907638
>80% of your economy can get shut down at any time thanks to centralized exchanges
nice currency you got there

I am a 22 year old male in Australia about to graduate Compsci this year, I have only 20k usd to my name excluding assets (which I don't own many). I grew up in a lower middle class family and I am tired of having to live at that lowline, I want to be financially free in this life.

I really want to own my own business but I am not sure where to start, I was thinking of going into real estate so maybe I will take a real estate course after university or perhaps learn how to buy and sell used cars (even flipping them).

I want to have at least 1 million by 30, do you have any ideas on how to achieve this? What are profitable markets that I could get into?

You don't. You will always be so paranoid you will miss extremely valuable nuggets of information (if your group is truly useful) that you HAVE to read everything. I have actually learned things scavenging every text in group chats on Telegram I never would have figured out on my own that ended up making me money or solved a roadblock in the way of doing so. Good luck.

CBDCs will be the best thing that ever happened to crypto.
Central Bank Digital Currencies are exactly what the name implies, they use blockchain technology to issue money from the central bank to any citizen, and eventually it will be the only way to transact. A "cashless society" will form and it will be as dystopian as you think it is.

Through this system, they will basically be able to track every fraction of a dollar you ever spend with precision and accuracy that wasn't ever possible before, manipulate your money to create or quell inflation, cut off your access to money if your values don't align with the elites', and a bunch of other creative ways to control you through the new monetary paradigm.

Not only will this move legitimize crypto as a whole, it will give crypto it's original use case back and make it stronger than ever before: The ONLY ways to transact privately will be through bartering or cryptocurrency.

I believe the next bullrun or the one after that will be influenced by the official release of the CBDCs in America and then the world at large, and as a result will be the most parabolic bullrun yet.

I just had an amazing idea for a youtube channel, I did some research and apparently the style of video I'm going for is still untapped with very few competing channels, but lots of demand in search and views, and I could do it on a few lucrative topics that would bring in good money from ad revenue without needing millions of views. The downside is the videos I'd have to make would be 10+ minutes long and I'm kind of lazy. Should I go for it?

>>53309608
Newfag with no experience, recently got into investing. Am I welcome? I don't think I'd contribute much, but maybe I can learn.

>>53213677
Alright, here's what you could do:
>Make a list of the top 20-companies in your area, or the top 20-companies you'd like to work for.
>Start applying to jobs/internships for ALL of them, even if they don't have any listings opened. Use an Excel sheet to track it.
>Next, carefully reach out to HR or hiring people on LinkedIn (maybe even employees in the same department, but only like 1-2 per company, otherwise they'll think you're just spamming), and send them a short/brief message, "I'm a recent graduate from XYZ college/program, and I'm starting my job search before I graduate. Could I set up a call with you to learn more about your company?"
>On the call, ask about the company, upcoming products/projects, what the corporate culture is like, etc. Thank them for their time, be on your way.
>Then, keep an eye out for any openings, and THEN send them an email and message, "We spoke a while ago, I saw an opening that could be a good fit so I applied to it on the website. Hope to hear back soon!"

If you don't have connections, you have to slowly build connections.

An asian twink and a ripped white man were standing around naked in the locker room talking about how difficult it is to attack the BTC network. Is this the bottom?

What happens if ETH flips bitcoin?

What percent of "home owners" own their home?

Ok ty

Now that crypto is finally over, what's the next big thing that will make overnight millionaires?

>undergrad degree in English
>going for my Master's Degree in Economics
>it's Southern New Hampshire University
>fully online asynchronous

am I gonna regret this bros?

>j@nni3s deleting d0gb@t threads and banning d0gb@t posters
Bullish

I have 15 billion dogs with bats