/biz/ - Business & Finance

>>52237793
>The 30 year fixed rate on a home loan will soon be 9-10%.
More like 15-20%.

>>29494308
I didn't sell, because I the things I hold may go up any minute now (tm). But seriously, to paste the relevant pasta:
Holding stocks is the same as buying them every day. If you wouldn't buy it, don't hold it. On the flipside, if it went down, but you know it has a ton of potential and would buy the dip, just keep on holding it. This prevents the "buy high sell low" effect.

90% of the people here think that the as long as they don't go below cost basis, they are OK. This is BS. The cost basis doesn't mean anything. The avg buy price doesn't mean anything. Lost potential profits are lost profits. Opportunity cost is cost.
Looking at cost basis is only good for reevaluating past strategies.

>>28032648
>A country built on fraud, corruption, stealing and a shitton of opression
>Future #1 country
Choose one. There's a reason europe conquered the known world while China just sat there sucking their thumbs and British opium.
The reason is a superior culture.

I'm not here to make big political waves.
I'm here to spam memes and earn an honest income from pumping penny stocks and be xomfy.

>>26543044
Warren Buffets shoeshine boy story was 1.5 years before the actual dotcom c2ash. He missed out on 150% gains and exited at a point which was lower than the lowest of the lows in 2003.

>>26124926
It's a dead company only propped up by recent hype. Pivoting to "security company" does not warrant such an uptick in valuation. Just like Apple didn't become an EV company with an 1000 P/E overnight just because they said so.
QNX is not as popular as people seem to think, automotives are starting to ditch it one by one. It's also not a great revenue stream, because automotive OEMs are super stingy and only pay pennies.
The AWS car cloud thing is pure PR. Automotives hate that kidn of shit, they always go with in-house cloud stuff.
It's been losing money for years, and this will continue.

Tl;DR: Nice hype PnD. Ride the wave, exit at top. Do NOT hold long term.

t. automotive software engineer

>>25845617
Laughing in full RIDE. Better product, better CEO, better fundamentals.

>>25610685
>20 years ago
More like Enron, dood.

Alright guys, how confident are you in HODLing ETH? Will it drop more than 50% tomorrow?
https://etherscan.io/address/0xc03b0dbd201ee426d907e367f996706cf53b8028#code