/biz/ - Business & Finance

>>57840260
>we're 800$ away from a new ATH

>OH N-

>SOFT LANDING
>NO LANDING

>>54924931
>keynesianism MMT doesn't create bubbles and even it did bubbles don't pop
>centralized fiat currencies don't have built-in expiration dates
>because you didn't give an example

>>54837795
>mumu bros rejoice

>>54708531
>Stocks always go up!

>Housing market to the moon. This is the new bottom. The new paradigm.

>>54650997
banks are dying, small businesses can't get loans, commercial real-estate is insolvent, the most retarded administration that could be conceived somehow is in charge of the most powerful nation in known history. Well I am predicting a bull run because I like dicks inside of my asshole (preferably black dicks) and I am a self-professed genius. I also moved my $200 dollars allowance from the banks and bought bitcoin.

>Y-ou're not fomoing in at 30,900!?!? you not buying makes me angry! what the fuck is wrong with you? this is the golden bullrun and you're missing out if you don't buy! you're a fucking retard! i'm fucking seething because you're not buying!

>Always do exactly what jews say

>>54618360
OOOOO BOOBA LOOKS LIKE THAT!?

>>54611196
>it's over, mumubros...
>A bobochad portrayed me as a soƴjak bull... It was a bull that looked like a soƴjak with a gaping mouth. It was humiliating. I felt exposed. I had posted bullish TA and the bobochad just came and portrayed me as a soƴjak, implying I looked like that... it discredited my TA and ruined my reputation in the thread so I had to leave it. I'm going to have to leave /biz/ now and sell all my crypto. Goodbye.

>>54584704
>by the experts

>holy SHIT, this price action is jewish as FUCK

I desperate for BIG HAIRY BEAR COCK right now. It's been so long. I NEED IT. Can a big chad bear please RAPE MY ASS APART and CUM all over my FACE???????

You should have very many, low-conviction plays each with a very small amount of money, and with short time horizons, with your attention at any one time divided between lots of coins.

Over the course of a given market cycle,
>the more coins you hold
>the more trades you make
>the smaller your trade size
>the shorter your trade duration

The more money you will end up with, on average.

It's easiest to see why when we take the opposite case. That is: few, high-conviction plays, with large allocations, long time horizons, and focussed attention on one or two coins at a time that you know inside out and believe in. See how retarded that sounds? That's how people get rekt.

Never put all your eggs in one basket - diversify as widely as you can (I would say no more than 5% of stack per coin) and make regular changes to your portfolio to ensure your exposure is always optimised.

For example, let's say you have 20 coins - each week (every day is better but I know people won't do that), look which coins are pumping the most and move more funds into those ones.

After a 10% gain, take out your initial and let the rest ride - the majority will give you nothing but every so often you will get a 1000x to make up for it.


It's clear that most coins go to zero over time, so the vast majority of your plays will be losses. That's fine, don't think too hard about it - it's impossible to time the market, NO ONE knows if a coin is at a top or a bottom, or which direction it's going in. If it was possible to know that then we'd all be rich. Every respected academic supports the random walk theory, and it applies to crypto even more than to stocks. Honestly, there's no point even looking at a chart, it can't tell you anything useful. Ask yourself this, why are TA fags trying to sell you their $17 course in the first place?

>>53585219
>>53585239
I'm wearish hash ribbons right now! Makes me feel all girly!

>>53509999
Aaaaa???? Yes Bobo? I'm here!

If it feels like most Mumu-posters are baggies, that's because they are.

>>53415226
>these threads are so fucking cringe I swear to god

>>53238356
>b-b-but if there's a rally that means the bear market is over!!!!

OOOOO