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/biz/ - Business & Finance


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13639904 No.13639904 [Reply] [Original]

I lost $3000 in the market this week thanks to this senile old boomer. Should I just put all my money in crypto?

>> No.13639917

>>13639904
You should have seen it coming and sold, then bought back

>> No.13639932

>>13639904
why are you asking us?
You know what our answer will be.

>> No.13639949

>>13639904
It's clownworld so I just moved all my money into dude weed and that seems to be working fine for now. May be less resilient later on but the dude weed sector was decoupled from the rest of the market to begin with. The China stuff doesn't seem to affect it as much.

>> No.13639976
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13639976

>>13639904

Yes.

Crypto is 100% protected from Trump's dumbass.

In case you wondered, this is the sweet spot where you can get it to enjoy meteoric gains, and then sell right before President Biden and the Dem supermajority tax the piss out of crypto in 2021.

>> No.13640177

>>13639904

he's doing what past presidents were always scared to do. China has got away with too much for too long.

We are putting tariffs on $300 bln of Chinese goods while China is only able to retaliate on $60bln of US goods. This is going to hurt them a lot more then us, and they are going to be begging to come back to the negotiating table.

Worst case scenario is companies realize its now more cost-effective to manufacture in the US again. It's a win-win either way.

>> No.13640187

Just making the markets see MAGA-red, baby!

>> No.13640189

>>13639976
>president biden

>> No.13640192

>>13640177
China imports basedbeans and wheat from the US. The US imports literally fucking everything from China.

>> No.13640205

NASDAQ has nearly doubled in value since his election. Stay mad commie loving libshit.

>> No.13640218

>>13640205
Thanks Obama.

>> No.13640235
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13640235

>>13640218
>Trump reverses nearly all of Obama's economic policies
>t-thanks Obama!

>> No.13640241

>>13640177
dude, its never going to be cost effective to manufacture what they make in china. you don't have the labour cost or the lax regulations. factories will move to around asia. and guess what? if that happens all they are going to do is make stuff for the US while buying their cheap shit from China. you're just creating a mexico-usa relationship with china's neighbors. this trade war is just bleeding out my investments for nothing tangible. fuck off.

>> No.13640254

>>13640192
>The US imports literally fucking everything from China.

yea no shit, that's why we need tariffs on Chinese goods. When it no longer becomes cost-effective to use Chinese products, US businesses will find new supply chains and take away the revenue that China has come to depend on for so long.

>> No.13640260

>>13640235
I'm not here to debate politics with you, but since I'm a nice guy I'll offer you some Chadvice: stop worshipping the creepy old orange boomer and the next girl you talk to might not be half as repulsed as the last one.

>> No.13640262

>>13640241
Thank fucking god I’m not as stupid as you.

>> No.13640267

>>13640254
the problem is that the disruption to the supply chain can't be recouped. that's inefficient. if china makes the products cheaper than say, vietnam, vietnam will simply export to USA while importing their goods from china with the money the USA gives to vietnam for purchases. it's just shifting sand.

>> No.13640272

>>13640254
wtf I love paying $10K for an iPhone.

>> No.13640273

>>13640260
Second hand embarrassment from this post

>> No.13640375
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13640375

>>13639904
Short term pain in exchange for long term gain. Boo-fucking-hoo.

In fact, Wall Street institutions can go suck Trump’s chadly Lion balls. Those shitbags are nothing but the Investor Relations Department for the Chinese Communist Party.

That’s right, Fuck China. It’s time to re-peg the Hong Dollar and send SE Asian currencies into a tailspin along with London, Frankfurt and Wall Street’s pension and endowment portfolios that are far too exposed to the Chinese market.

>how to short China

>> No.13640393

>>13640375
>Trump’s chadly Lion balls
Is there a name for this fetish? It seems to be common here.

>> No.13640403
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13640403

>>13640393
cuckoldry

>> No.13640456
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13640456

>>13640177

Dude, just stop.

We have this thing called a very complicated GLOBAL market that's baked in. Trump will fucking crash the economy worse than Herbert Hoover if he keeps up this dick waving contest with China.

It's unwinnable. It's pointless. The jobs were gone in 1995 and they're not coming back.

This shit is such a fucking waste of time too. The orange cocksucker has a 30% approval rating. Every Dems smokes him in the polls and it looks like President Biden is about to be a thing.

Literally what is the point of pissing everyone off for the next year and a half when the next Prez will just overturn everything Trump did?

If the fuck had any sense, he'd shut his damn yap and step aside for Romney or someone in 2020.

The Trump bullshit isn't even funny anymore. It's just ultra-cringe. Everyone wants him gone, even the Republicans now that they know they're never getting a wall or overturning Obamacare.

>> No.13640595

>>13639976
>President Biden
Don't even joke about that

>Dem supermajority
Fuuuck, I wish

>> No.13640650

You should have been in Riot Blockchain since Thursday you fucking autist.

>> No.13640749

>>13640177
>more cost-effective to manufacture in the US again

this will literally never happen

>> No.13640884
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13640884

>>13640403
Republicans are worse than commies

Hitler was right

>> No.13640901

this thread is extremely reddït

>> No.13640909

>>13640456
Seething commie.

>> No.13640918

>>13640901
This and this. It's the main reason why I rarely visit /biz/ after the invasion

>> No.13640922

>>13640273
Fifth dick embarrassment right here

>> No.13640935

>>13639904
>Blaming someone else, for your fuck up
Are you a wymen?

>> No.13640964

>>13639904
>he doesn't see this an opportunity to buy more

Anon, come on. This is only a problem if you're a day-trading faggot.