/biz/ - Business & Finance

Despite the popular "fuck jannies" posts, I think the mods are doing a good job

Keep it up jannies

Please hike the rates.

Getting out of this zero interest rate nightmare period has absolutely trashed the idea of saving money or buying fixed income securities and pumped the equities market to terrifying levels.

Plus, this will help crash real estate prices in Canada.

t. Leaf

>>12082789
>>12082817

Academics make terrible investors.

They probably have some model with a correlation, and then they run that model with some hedges, find a small inefficiency in the market and then hit it with big time leverage.

Kind of like LTCM did.

Math is the only worthwhile degree anon. Self teach yourself programming/finance/econ on your spare time and you'll have many options

>>12028714

Man I wish I could buy ETH at $10 again, like in January 2017.

Would go all in with the rest of my FIAT savings.

Let's not kid ourselves, ETH is the only cryptocurrency technology that has any chance of being developed into something useful, beyond Bitcoin's limitations.

Betting against ETH is like betting against crypto. Fine. I can understand that. Go buy your US treasuries or Boomer stocks and Boomer rocks (gold doesn't pay interest, doesn't appreciate in capital, doesn't pay a dividend lol).

Actually, speaking of terrible investments, I can't think of a single asset class that has performed worse than physical gold in the last 100 years...

It has become rather slow and it's entertainment value has dropped significantly over the last year

As you have to ask this question, not for you. This is an actual (information)inefficient market, so it has a great potential for making cash, if you know your way around.

>>11147600
>tfw 10x that stack

Welp, just bought a million. If I had bought yesterday (instead of experimenting with a PnD bot) I could have gotten 3 million, but whatever. Exactly a million at 15 sats is a good meme number for me. I think I'll trade purely on memes now, since random guessing based on biz shilling, gut feelings, and numbers I like (7, 10, 12, 15...) seems to have a better chance of being right than my own retarded decision making ability.

Now gonna put into cold storage so I don't try to swing it. When my next paycheck comes in 3 weeks, I'll buy more if it hasn't mooned yet, or if it has mooned I'll just diversify into the other biz meme-coins. There won't be any reason to deposit any more paychecks into crypto if it goes x10, since a good trading bot can probably make 10x more than my paycheck anyway.

Geez already at 16 sats like 10 minutes after I bought in...

>>8013330
ty oracle, i love you

Invest in Miners or Coins. Also if coins which ones?

Asking for a friend.

It's not just white men these days but men in general. I'll share the story of a colleague of mine
>black guy
>PhD in our field, multiple high impact publications
>dude is a genius in every sense of the word, also a great guy
>applies for job
>he's the only male candidate, 8 females
>he's easily the most qualified and intelligent, by leagues
>comes down to him and a woman
>hire woman
They hired a woman who met the minimum qualifications and that's it, not the most qualified. Men everywhere are fucked.

>>7278535
Lamboland here I come.

>>6608325
>unfortunately