/biz/ - Business & Finance

>>19083878
Cash and Crypto

>>19083936
>Cash
Why would I invest in cash with the potential of hyperinflation?
>Crypto
Why would I invest in crypto with the potential of extreme volatility?

>>19083950
>Why would I invest in crypto with the potential of extreme volatility?
Stupid question. You don't think it's a coincidence that crypto has started to rise again after the pandemic?

>>19083878
ETH and BTC unironically.

Decent altcoin projects are also viable:

LRC

RLC

etc, etc.

>>19083977
>Stupid question
Yes putting my money into a volatile, unnecessary asset class during a period of economic instability is such an intelligent thing to do. Brainlet answer.
>You don't think it's a coincidence that crypto has started to rise again after the pandemic?
That's not really an argument at all. BTC is rising because of the halving, it will soon start crashing and shake out all of the dumb money.

>>19084031
You will not get a different answer here by anyone that won't say Crypto. You can keep coping but that is what you need to do right now.

Definitely JCPenney. I’ve heard they’re making an online store and taking on Amazon, I have 25% of my net worth in them

>>19084106
>"F-fuck y-you, invest in my imaginary money!"
No valid retort. That was easy to discard of you.

>>19084159
>"F-fuck y-you, invest in my imaginary money!"
Yet somehow more real than gold or USD.
Once again, Cope. you're not smarter than everyone else on this board.

>>19084132
Aren't they filing for bankruptcy?

Nambla

>>19084174
>Yet somehow more real than gold or USD.
You've still failed to explain how or why, although I never recommended holding money in fiat, strawman.
>you're not smarter than everyone else on this board.
But I am smarter than you. Cope.

>>19083950

>>19084031


Why is there some dumb nigger know-it-all that shows up here every day looking to invest their McDonald's paycheck and denouncing crypto ?


Everything you want to invest in is manipulated. You're not going to get rich buying FAANG for potential 5% gains on the top of a cliff. You're not going to get rich buying gold. We talk about crypto here because it's the only potential gamechanger in a world that's rigged and regulated to death. If you want normie advice go watch CNBC or whatever, listen to buffet and buy coca cola.

>>19084235
Don't argue with him, he's literally to deluded and thinks CRYPTO is more volatile than FIAT now

>>19083878
good gloves, warm scarf and baclava or hat to protect your hears from the cold.

>>19084250
Strawmanning me again, I didn't say it is MORE volatile, I said it is a volatile asset class, which it is, that isn't to say that it is worse than fiat though, retard. I've disposed of you already little cuckboi and since now all you have is repeated attempts to misrepresent what I say, I will be ignoring you from now on, you are dismissed.
>>19084235
>Why is there some dumb nigger know-it-all that shows up here every day looking to invest their McDonald's paycheck and denouncing crypto ?
Projection. Literally seething that I earn more in a month than you do in an entire year.
>Everything you want to invest in is manipulated. You're not going to get rich buying FAANG for potential 5% gains on the top of a cliff. You're not going to get rich buying gold. We talk about crypto here because it's the only potential gamechanger in a world that's rigged and regulated to death. If you want normie advice go watch CNBC or whatever, listen to buffet and buy coca cola.
"Blahblahblah, we gotta like bring down the Jews maaaaaaaaaaaaan, we're going to like play them at their own game broooooooooooooooo and like you know, topple the financial system maaaaaaaaaaaaan!" R E T A R D. And your reply is irrelevant to the question in the OP, if you can't work out how then that is why you work at McDonalds (or used to, prior to being dismissed). You have also been disposed of.

>>19083878

booze and dope

>>19084328
>>19084373
Actual based answers.

>>19084351
remind me again, do you want to make money or do you want to feel justified?

>>19083878
gold and silver of course. Crypto is going straight to hell as corona increases. Good luck with your crypto when there is mass riots, electricity shortage, and more unstable internet connections in the 2nd and 3rd world.

>>19083977
it´s because market whales are pumpping. It´s not much real money coming in, its the same whales ppumping u moron.

>>19084475
>mass riots, electricity shortage, and more unstable internet connections in the 2nd and 3rd world.
you fucking wish... the water would get cut off before the internet did.

>>19084106
shut the fuck up cuck. At least wait to crypto drops and corrects instead of encouraging people to buy close to the top. faggot

>>19084559
>close to the top. faggot
>top
AHAHAHAHAH

>>19084174
>more real then gold
wrong agian cuck. Bitcoin can drop to $100 in one day if governments decided to make it illlegal. It relies on internet, and bitcoin is dogshit and flawed. Majority of this board is fucking retarded, so always do the oppsite of majority

>>19083878
Asks for advice, then immediately shits on answers. Why would you ask that question on a board mainly focused on crypto then shoot down the idea when crypto is mentioned. What do you want us to say hurr durr buy gold safe haven asset or short equities either through options or cfds. Were they the incredibly obvious answers you were looking for? What a fucking waste of a thread.

>>19084591
>governments decided to make it illlegal.
Which the U.S. Government has done to Gold? Multiple times?
>It relies on internet
Might as well put air there because that's also not going anywhere even in a nuclear apocalypse

>>19084461

>>19084235
crypto market is the most rigged and manipulated market in the world. You are basically cucking urself to the whales. I hold crypto myself, but anyone buying right now instead of waiting is fucking retarded and will never make it. Yeah lets buy after a 200% pump, great idea

>>19084620
cope

>>19084606
S E E T H I N G

>>19084591

Governments are not going to make it illegal, because they have competing interests and governments that don't make it illegal will benefit.

>>19084637
>cope

>>19084661
>>cope

>>19083878
Dividend aristocrats with a flatter stock price dip than the S&P 500. You can also use things like blue chip stocks in consumer staples, or bonds.

>>19084504
internet have already been down several days in my country. THere will be internet, but internet providers are shutting down and failing to deliver which effects crypto negatively, especially in 3rd world countries. Bearish overall, it´s also bearish that the average purchasing power will decrease a lot over the next months. The market havent noticed yet, but it will soon.

It´s also bearish that if society collapse and the crime increases, the police force will collapse. There will be gangs of niggers roaming the street breaking into every house possibe. Good luck with ur crypto in that scenario, people will have liquateded to buy food, guns and shelter a long time by then.

>>19083878
buy a house so you dont get fucked on rent

>>19084672

>>19084692
>Good luck with ur crypto in that scenario
yes, good luck, because niggers can't steal the internet you retard

>>19084692

Third worlders cashing out to buy beans and ammunition are not market movers. You have to look at what billionaires are doing.

>>19083950
ohhh you don't understand risk. You can hold more than 1 thing

>>19084644
you dont know that at all. They are already talking about banning stable coins. My country are in a process to make it more regulated and harder to buy crypto. VERY BEARISH

>>19084716
they will torture you for your private key if your crypto is still worth anything. Good luck whith your crypto when niggers are cutting off your ears in a lawless society.

>>19084759
>they will torture you for your private key
do you even know how crypto works? i couldn't tell them if i wanted you retard

>>19084735
yeah, and the billionaires are generally not investing in crypto. Maybe a few, but they all buy low, not high. Now is high

>>19084744
yes, show that this currency is bad and horrible and all these other things by banning it! cope. your country is literally just realizing that they have to ban it before it takes over their currency

>>19084740
>Cash & crypto are the only two assets that exist

>>19084759
seed words I mean. Point being is that crypto won´t be worth anything by then. People would liquidate and panic sell, so it would collapse, which would decrease confidence in the asset. Coinbase ceo would probably have quit and many of the biggest exchanges would have shut down. Crypto would do terrible in a collpased society, or even close to collapse.

>>19084641
Not seething. I have a plan and hopefully will profit from the coming downturn. You on the other hand don't seem to have a plan nor seem to have the ability to find the answers you are after.

>>19083878
Weapons and non perishable foods

>>19084886
>I have a plan and hopefully will profit from the coming downturn
Selling blowjobs isn't as much of a plan as it is your profession.
>You on the other hand don't seem to have a plan nor seem to have the ability to find the answers you are after.
Projection. I make these threads to bait out dummy cucks like you.

>>19083878
BTC, Gold (physical if possible), USD till the fx markets can't take it anymore & after the crash (but make sure it's really crashed & its not some false hope rally), gold royalty companies, schlumberger.

>>19084559
>50% down from ATH
>close to the top
what did he mean by this

>>19084691
Lol yeah holding bonds during a period of currency devaluation is a great idea.

>>19084735
Depends on how many beans. Also they eat other stuff like curry and lentils.

>>19085206
It's not a good option, but it beats letting your money get devalued without an interest coupon.