/biz/ - Business & Finance

what the heck happened to this place?

>>21375064
Imagine my shock.

>that guy that posts a picture of sauce when someone asks for sauce

>>20897799
>tfw 1000~ XRP
Will I ever make it lads?

>muh rebase
It isn't that spectacular

>>20364512
It's the tech giant partnership meme again

>>19818377
>-$730,000 Balance
how is it possible to be this bad at investing?

this is quite the boring copypasta
I bet OP will not even contribute to this thread

>>19750458
>$200k/year
>cant afford a great apartment in Stockholm

SCAM SCAM SCAM SCAM SCAM
SCAM SCAM SCAM SCAM SCAM
SCAM SCAM SCAM SCAM SCAM
SCAM SCAM SCAM SCAM SCAM

>>19690417
Thanks anon for suggesting books for me, very helpful thanks guys

>>19475141
>it's already going back up

>>19461764
>not anyday soon, but one day eventually
Take it back.

>>19383029

>link pumps
>btc dumps
>again

>>19318094
>You've been replying to literally every post
Even if that was the case why wouldn't I reply back to people who (you) me asking me questions in my own thread? First you were crying that I wouldn't engage with you when you kept strawmanning and stomping your feet, now you are crying that I reply too much in my own thread. Which is it, smoothbrain?

>>19297669
Wow it's a sign anon.

>link is pumping past $4 again
BTC will dump

>>19083936
>Cash
Why would I invest in cash with the potential of hyperinflation?
>Crypto
Why would I invest in crypto with the potential of extreme volatility?

>>19044640
>>19044655
What happens if you're wrong? What if you give me advice that is wrong and I lose money. What are your credentials?

>>19004791
nothingburger and i bet Tesla stays in CA

>>18955609
THE ECONOMY IS NOT THE STOCK MARKET.

Stocks reflect the expected future earnings of companies, they're forward facing whereas employment numbers look into the past. The market expected the unemployment numbers to be much worse, and millions to be dead. That's why it reacts positively.

It's the same as when earnings come out and a company reports a loss for the quarter but the stock goes up... investors expected worse.

>>18930674
>Argue with specifics not "give me an authority appeal" like a redditor.

Were you alive during 2008 - 2020? What happened with hyperinflation then?

Do you know any history of any recessions? Did they result in hyperinflation?

>>18930717
>But the main point of capital is to grow - why is that so surprising to you?

Because it's suppose to be a currency, not an investment. If everyone expects a currency to "moon" then why the fuck would you ever spend it when you know $1000 in bitcoin will be hundreds of thousands of dollars in a few years? Currencies are suppose to be stable, easy, quick and cheap to transact with but instead it's a bunch of people holding bitcoin hoping to become rich.

>Desires from a currency: Stable/low volatility, Widely accepted, Large number of transactions, Low fee and quick transactions

>Basically the opposite of an investment
>Somehow coiners think that "IT'S GOING TO MOON, IT'S GOING TO 10000X ITS VALUE AND 1 UNIT OF THIS CURRENCY WILL SOON BUY A QUARTER OF THE PLANET" is a good thing

Wouldn't that make it a bad currency? It seems like good currency and good investment are diametrically opposed.