[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 12 KB, 225x225, yeet.jpg [View same] [iqdb] [saucenao] [google]
16010625 No.16010625 [Reply] [Original]

Just want to say right off the bat, crypto is for fags. I've been investing in the stock market since 8th grade (so a good portion of my life)(custodian acc gang) and I'm constantly disappointed by /biz/. Crypto is a shittier investment than government bonds. Stocks with good dividends, futures, and bullion is the way to go. Please go ahead and make your case for v-bucks, I'm willing to have my mind changed.

>> No.16011167

Oh go listen to Alanis Morissette and leave this board.

>> No.16011210

hey, millenialfag investor here too... opened my first e brokerage in the spring of 08

lol

then I found bitcoin and actually started making money

gtfo

>> No.16011613

>>16010625
>millennial
>boomer
pick one

>> No.16011709
File: 45 KB, 500x500, 9fab9a31953524abb33bde56b51f732a.gif [View same] [iqdb] [saucenao] [google]
16011709

>>16011613
lurk more

>> No.16011786
File: 30 KB, 720x576, JH_00006_1339607696.gif [View same] [iqdb] [saucenao] [google]
16011786

>>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

>> No.16011811

Bitcoin performance ytd: 214%

>> No.16011843

>>16011786
>>QED buying bitcoin in late 2016 was a better investment than anything I've done since 2014 or anything you have done since 2008
Amen. This was me except with ANS then LINK. Have since diversified some holdings back into BTC and ETH. Planning on buying some real estate during the crash but I will never NEVER buy stocks or gold every again.

>> No.16011972

Anons, I can't express my gratitude enough. 2 years ago I arrived at this Indian tapestry weaving forum after quickly losing interest in /pol/. I only discovered that board because of HWNDU. When I arrived, ANS was getting ready for it's rebrand into NEO. I had .01 BTC at the time and only had the courage to buy one ANS before it started to pump out of reach. I felt like I missed the most obvious thing in the world. I saw the memes and still didn't buy. I was upset that I didn't have the courage to lose my measly .01 BTC and gamble on buying as many ANS as I could. After the ANS pump, I remember that I started noticing posts about LINK. I found most of them to be quite humorous. After a awhile I noticed that it had a vibe about it that was similar to the ANS vibe when the ANS memes were peaking. I bought a 100 at .34 cents just to participate in the meme. At the time, I was a poorfag on SSDI. Actually, that part hasn't changed yet. I saw some other memes and I found out that I was a neet living on disability with parents. NEET wasn't awesome to me. I'm an oldfag, too. (37) I had worked hard for money and knew the satisfaction that you get from a hard day's work. I felt like a drain on my 70 yo old silent generation father who is still working to this day. I hadn't had a manic episode in a few months and this new medication for my Bipolar II seemed to be working. I decided I wanted to make my parents proud. I researched cheap ways to get a bachelor's degree. I found a way to get a new type of bachelor's degree. It's called a BAS or Bachelor's of Applied Science. I didn't think much of the degree because it's an add-on degree. You had to have an Associate's of Applied Science. Which I did. The cost to go to this community college in Spokane was reasonable I could get it funded using FAFSA funds. I enrolled but I didn't take the extra loans out to buy as much LINK as possible. I go to school for the next 21 months all online. (1/4)

>> No.16011985
File: 11 KB, 239x211, 1518248253943.jpg [View same] [iqdb] [saucenao] [google]
16011985

>>16010625
nobody wants you to change you mind, stay poor or DYOR brainlet