/biz/ - Business & Finance

>>12025562
>holding shitcoins
fuck off brainlet

>>12025562
lol no

>>12025562
I like you OP, nice larp

>>12025562
How bad do you suspect the collapse will be and how quickly do you think it will happen. Is it a good idea to prep?

Neat. As a delusional bag holder I can always use more rationalisation.

Im bullish in the long term, but in the short, this its going to dump to atleast 3200, meaby one week more and were done, major movements on crypto wallets this days.

What portfolio will you hold?

Im a trader, but this may be a good time to build one.

fuck off back to plebbit you larper. no one’s going to pump your bags here.

>>12025562
UNIRONICALLY THIS

For someone that’s at least in their fifties from the larp in your title, you speak like a millennial with no experience of having lived through a number of short term debt cycles that you seem to know so much about (being so well read in Dalio’s book, of course).

You’re not wrong on a fair chunk of what you said, but you just need to larp better, friendo. Holding magical 1s and 0s isn’t going to save you when the long term debt cycle collapses. Cold hard cash will. People need to eat groceries and bathe in clean water and have lights turned on in their house. ____coin isn’t going to do that. Hold cash while shit hits the fan and buy cheap things after the fact, and for the love of god, buy low sell high for once in your miserable neet lives.

Crypto should have shifted power to normal people, but the rich will grab most of it up. The economic collapse will be from gambling, overspending, and the sheer efficiency of business and trade now. This will leave a lot of people in dire straits. There are already wild packs of people trying to move from country to country. The environment is going to shit. Every person in the world is contaminated with Dupont compound-8. At some point we will all be retarded.

Conservative environmental policy and economic policy are very important. We need to stop being wasteful and ignorant.

Crypto is the redpill. But there is a lot of work left to do. The old shit is going down. Crypto is the final wealth paradigm in whatever form it takes.

>>12025653
>Cold hard cash will.
I'm going to have to charge you 1000 dollars for that cheeseburger, boomer.

>>12025596
Depends which country you're in.

>>12025612
Stocks: reduce your overall exposure, and hold only the best dividend-paying stocks. Companies that control a lot of petroleum, fresh water, minerals, and metals are also a good hold. The world is fighting over resources. Watch the water-ways: Jordan river, the Nile, tigris-euphrates

Bonds: USA. Trump is a god-send economically.

Crypto: BTC, ETH are safe. I'm personally not "holding" alt-coins, but I'll trade em for more ETH and BTC if I see a setup. ETH == average value of what is built on top of the network.

When the world already starts to look like the cities and people in AKIRA, you know we're totally fucked.

>>12025653
You're right, only from the perspective of a citizen from a western nation. The rest of the world will be showing up at our borders when this crisis occurs. Thanks for contributing to this thread

>>12025612
I should also add that if you're in a country that allows public companies to own farmland, then you should look into buying shares

>>12025679
>ETH == average value of what is built on top of the network.
i like that

What will happen, hyper inflation or total collapse?

>>12025677
Unironically

>>12025977
deflation, collapse of some countries. rush to use BTC + ETH as currencies, rich people rushing to profit off the poor genuinely trying to use crypto to properly live life. don't forget staking rewards.

> What is Ray Daily currently selling?

it's ray dalio and your post is retarded

>>12025562
I just realized that I wrote 30 years instead of 20

>>12025562
>I majored in economics, mathematics, and computer science
three lines down
>We have populism, nationalism, and fascism rising by the day.
This kills the LARP. You're just a /pol/ user and none of the above.
Watch cryptos fall much further and the S&P 500 nearing record highs again 2nd quarter of 2019.

>>12026050
We don't have populism, nationalism, and fascism rising across the globe? You're really dense, aren't you?

>>12026063
Hi OP, how long did it take for you to get three degrees?

>>12026063
Could you join Euclid's Coin Window on Telegram? We might have a meaningful discussion there

>>12026095
5 years.
>econ: intermediate micro, intermediate macro, advanced micro, advanced macro
>math: real analysis, complex analysis, algebra, graph theory, probability theory
>computer science: programming, algorithms, data structures, systems programming, operating systems, networking, theory of computer science, databases
these are what got me into graduate school. You may not be able to cover all of these classes. It depends on your school. I just got lucky.

>>12025578
>>12025586
>>12026050
Yoo my bear bro niggers are right

THIS SHIT IS GOING TO 0 AND WE WILL BE RICH BY SHORTING IT.

>>12025562
Shill me your favorite shitcoin.

>>12025562
>I'm trying to tell you that if you hold BTC, ETH, and an index of various top alt-coins, the people around you will be thanking you for decades to come.
>
>You are among the future elite.

I want to believe you OP, that crypto will rise up to such heights, but I'm afraid that with all the propping up they're doing, and the possibility of bailouts and such... it won't be in our lifetime. :(

>>12026418
OMG.

>>12026434
Ok, you're legit. How do you see Vanguard faring in a monetary crisis?

But Ray Dalio thinks crypto is a scam. And why are no macro funds holding any crypto. Your LARP doesn't make sense Anon.

Thoughts on XLM-Stellar?

>>12026442
Which product?
>>12026443
Ray dalio is preparing for a crisis is the point I tried to make.

>>12026472
Seems like best performing asset in this bear, creeped up to number 4 like a sneaky snek.

>>12026443
You think boomers would keep their money in a fund that holds crypto? You’re the one that isn’t making any sense. Investors would pull money left and right.

>>12026478
>which product
How about a quick rundown of how their general mutual fund vs ETFs will go.

>>12026487
No opinions on my concern here >>12026430 OP?

>>12026487
>liquidating assets in a monetary crisis

>>12026492
Downturn

>>12026501
This is an unbelievably naive thing to say. In anticipation of a monetary crisis, if a fund starts to build a position in crypto, then the investors (who look up to Warren Buffet and similar boomers) will look to pull their money. These are the ultra rich. They’re not going to be effected by the monetary crisis either way. They just don’t trust “magic internet money”.

>>12025562
>populism, nationalism, and fascism rising across the globe
You're retarded if you think those have any relevance whatsoever. The global situation is far different now than in the 30s. In Germany, the dwindling aristocrats still had some power and communism was an existential threat to the establishment. They allowed fascism to win to defeat labor movements. Now, fascism poses an existential threat to the world establishment, while the labor movements can be easily suppressed with increased handouts, high grade marijuana, sex, and media. Fascism has no chance of doing anything besides burning out the last resistance that native fighting men can offer before their replacement and reprogramming.

>>12026501
at the start of it, there'll be liquidations, as people will rush to buy stuff before real market can adjust itself, or rather dust settles. But, once crisis is "confirmed" best people can do is play dead and hope they don't get fucked too hard.

>>12025562
I could really use a hit of hopium concerning my LTC bags. It's the same thing as BTC, but without the bcash drama. That's gotta count for something, right?

>>12025592
yeah, he doesn't sounds like a quant that majored in econ, math and CS
he's really persuasive

>>12025562
Post proof of your degrees you lying faggot.

>>12026003
How will the rich rush to profit off the poor?

>>12026641

This.
Post proof and timestamp or LARP.

>>12026472
>>12026482
OP plz respond

Bump

>>12026628
A quant doesn't appeal to emotion. Shitty larp desu.

>>12026050
he is right and you are wrong and retarded sorry kiddo

>>12028676
A quant wouldn't try to establish his own authority. He would just give the rational opinion.

>>12025562
Op, do you think holding some physical metals in addition is a meme?
I fucking hate apocalyptic goldbugs...

>>12025562
Hi OP.
I'm a worthless pathetic neet.
I'm balding.
I'm 30 years old.
I'm a lonely faggot.
And I also did a 100x in this year alone.
And let me tell you this one thing.
This shit is dropping to 1800 and there is nothing you can do about it.
Also I called this drop at 18k so go kys.

>>12029655
how did you 100x

>>12029720
eth ponzis>holo>link(lmao) for bithumb pump>xrp>qnt

>>12026551
You’re young and you haven’t read enough history. Anyway, I didn’t say anything on the effectiveness of these various strategies. Appeals to the population, “strength in numbers”, etc. occur before and during crises.

oh look another person predicting the end of everything and the doom of our system, WOW!

>>12025562
Yeah it seems pretty obvious. Read this OP: http://wdwreview.org/desks/china-crypto-currency-and-the-world-order/

>>12026539
>They just don’t trust “magic internet money”.
but they will; it's just going to be a generational change and not a 1-2 year change like many of you hope for.
the beauty of all of this, is it's trustless when done right.