/biz/ - Business & Finance

>>28662177
I will tell you two truths about /biz/
>80% of posts are from newfags and poorfags who came here in 2019-2020 and are hungry to make a 100x on some fly-by-night shitcoin
>80% of the people who browse /biz/ and already made life-changing money are primarily invested in BTC, ETH, and LINK

>>16010625
>I've been investing in stocks since 2014
>tried day-trading, beat the S&P in 2016 but after paying short-term capital gains it was pretty much a wash compared to S&P with long-term capital gains, so I decided day-trading is a waste of time
>tried options, lost a couple thousand
>now all of my stock investments are buy-and-hold investments with relatively safe companies
>when I pick a stock the best I can hope for is to 2x my money, which I've managed to do a handful of times
>meanwhile, I bought bitcoin in late 2016 and 10x'd my money
>QED buying bitcoin in late 2016 was a better investment than anything I've done since 2014 or anything you have done since 2008
>bitcoin is digital gold; its scarcity is guaranteed and it's a better semi-fungible store of value compared to gold in every way
>bitcoin has been around for a decade and adoption is only increasing, meanwhile the supply remains fixed
>when the next recession hits and interest rates go below 0% worldwide, you'd better believe there's going to be an inflationary panic (whether or not inflation actually manifests, see the commodities boom circa 2012) and bitcoin is going to skyrocket
he who has ears to hear, let him hear