/biz/ - Business & Finance

So anons, i want to know what i should invest in. Ive wanted to invest in gold or platinum for a while? im thinking of investing a small amount into something but am unsure what it can be. I have 1k to invest but know little about investing.,

>>16789678
>>16789702

I developed a roulette system strictly betting the outside over the years that's netted me close to 70% win rate. takes a shit ton of discipline and focus but it definitely works. I won't divulge completely but look up bi-nominal mean regression. Learn what statisticians consider "anomalies" and think logically. add a healthy pinch of martingale and stir.

>>4368738
>>4368713
>>4368718
>>4368143
>>4367143
>>4367091

New Company filing and directors
https://www.youtube.com/watch?v=TUhTEqgZjFU&t=1s

PHD (MIT) sheds some light on BCC
https://www.youtube.com/watch?v=TUhTEqgZjFU&t=1s

the assumptions everyone uses on BCC is so far off you look like this guy >>4367336
Barring regulators coming down on the ENTIRE crypto space, the actual MATH shows BCC will be here well into 2021-22.

>>4276507

Full disclosure, I'm not invested in bitconnect.

It's nothing more than a pegged currency system utilizing a POS system. It's brilliant actually...
They premined 8mm coins, offered 4.5mm in ICO and only sold about 1mm.
They have a POW/POS chain and they'll always hold/stake the majority of coins (they hold 73% of supply right now, max supply is 21mm i think).

In order to earn that "crazy" 1% return per day, you have to buy then lend them your BCC coins (which they stake to earn more coins). They pay you 1% and they let you compound it for whatever time the math works out to (I'm sure they did a risk analysis). So lets say $10k lent in the beginning of this year compounded becomes $100k now, everyone freaks out and says it's not possible, it's a ponzi etc. The reality is your $10k bought 62,500 BCC (.16 cents) which you then "lent" to them, they pegged it to BTC so now the price is $270 and they're sitting on $13million + whatever they earned from staking and exchange fees. Oh yeah.. and the BTC that you used to purchase originally....

They're walking away with the bulk and paying you less than shit but that's ok because their goal is to get normal people involved in crypto and show them financial independence which I'm cool with.

What happens when the price/volatility of BTC/BCC drops? They simply lower the % they pay out, slowing the liability of compounding/ demand for the coin until BTC makes it's next move. I think it's safe to assume that BTC will hit $10k next year and $20k by '20-'25 so BCC will rise accordingly.

This is currency101 type stuff. I really get a kick out of the FUD everyone spreads without doing the basic math.

>>3559360
Hi OP, I've got 100 envelopes here, one has a check in it for $1,000 with your name on it, the others have nothing in them. Give me $2 for this pen, then pick an envelope and sign your name on it. Good luck....

>>3141342
>>3142024

I honestly think the Bitfinex/USDT situation will be the black swan that causes the next crash. Once regulators start to come in (like they're doing) and the USD inflows are stopped (like they are now) or highly regulated, the tide will go out in the crypro world and we'll see who is actually wearing a bathing suit.

Full disclosure: I'm not long or short any crypto at the moment.