/biz/ - Business & Finance

>>6258770
>tfw just got verified on coinbase today and am about to start my crypto venture on the dip
planning on creating a balanced portfolio with
planning on snatching up some prime BTC, FUN, ZRX, QTUM, and maybe some XMR

>>4153925

Because you'd become complacent, smile upon your gains, and get fucked when the market crashes, because up until that point it's like saying, "my money, keep getting up early every day and keep making me more money." All of a sudden your money shows up missing a kidney and with needle tracks up both arms, and you think, "fucking hell, well, my money's done well up until now, just needs to get back on its feet." Then you become one of those cucks who cries how the downturn "wiped out" half your shit.

If you're going to be a conservative investor, still set mental exit points. Still check in each and every day and don't be afraid to just bail and sit on the sidelines if you take a sudden monster hit to your investments due to the broader market.

If you want to trade, not invest, it's far more satisfying to just take 2% gains every time they're available, know when to call it quits on a position, and just let your shit creep up over time. Even if you only match the broader market, at least you did it on your own merits, not just being a bitch and parking it in one thing and lauding yourself for being lucky.

>>2459175
Ive been saying this already

Lets make some youtube video to shill all over the normies

But.... who wants to start?

>>2097183
Oh boy, here comes the index fund baby boomer. Even though there is clear evidence there are people who live off of day trading and even post on biz sometimes, they will deny their existence no matter what

>Now listen here sonny! Everything you do is a gamble, the only guaranteed investment is my 5% annual index funds. Ignore me if you want, but youre going to lose that 100k one day! And im going to be laughing my ass off when it happens. Even though i already waste 10 hours of my life working some crappy desk job being bullied around by a millenial 30 years younger than me.

Im not in the mood. Im just going to ignore your id from now on ITT.

Buy BAC+B and hold for BAC's earnings my dudes

Cash is plummeting... again

>He didn't invest in gold before Debt cap raise
>He instead invested in JDST
Oh, you idiot boy. Looks like you need to be taught a lesson in investing.

>>1817702
>30k at 21
tragic

>>1759392

>trusting a book to lead you to wisdom
Serves you right!

>>1717532

>geese
>trust