/biz/ - Business & Finance

>>28790344
> NAT will double from here

>>28780109

>>20321830
Because it is a bubble. It was always a bubble and you are too stupid to see that.

>>10511023
its an anon's wife fucks her cute boitoy secretary episode

Weekly voice of wisdom, with some objective investing tips that have ruled the markets for millenia. There are so many memes going around and it's scary because this is peoples' real money being influenced.

>You cannot time the market
>Technical Analysis is literally a meme, and nobody in academia or Wall Street takes it seriously. Past behavior does not predict future behavior. TA symbols are memes. They are always rationalized after the fact. "Look head and shoulders! Sell!" turns into "Oh it was just a bull trap, see I didn't read the chart right". "I didn't read the chart right" is the constant excuse of the failures of TA.
>You cannot time the market. Time in the market beats timing the market. The only exception is if you engage in insider trading, and you will be caught. Nobody who is capable of doing this is on /biz/ though
>Any new technology can fail if it's not marketed right, even if it's superior. Look at beta-max vs. VHS. There are countless cryptos superior to bitcoin, and they're all worthless

The only way to safely capture the gains of the entire market is to use no-load, low-fee total market index funds. Have 5% on the side for speculative investment, but know that everyone else taking part in these speculative investments are also speculating. For everyone on /biz/ who doubled their money there are many others who lost money, or will lose it all in the future. Be careful anons

Another important note. People are lazy as fuck. You think your dad is going to learn how to securely encrypt his bitcoin wallet and safely store his larger investment quantities offline on air-gapped computers? Haha. A LOT more innovation has to happen before this comes even remotely close to being mainstream guys. It's a long way off and there is TONS of time for bubbles to form and pop.

>>2544019
Dennis Rodman is a fucking idiot and he should be burned alive with Kim