/biz/ - Business & Finance

Crypto thought it would be the great wealth transfer, the financial revolution. It has proven to be nothing more than a ponzi scheme. This is the true great wealth transfer happening before our eyes.

>>19612815
Based Bull Robinhooders. Millennials are going to retire before boomers lmao

It's a really, really bad fakeout. Regular investors are never allowed to earn money.

>>19613451
We are the new smart money.

Really? No more oldfags on biz at all anymore, huh? No one has learned from 2017 at all? Stocks are in euphoria you dipshits. A few more pushes upward and the Robinhood retail dipshits are going to get dumped on so hard. Here's a trick to see if you're in a bubble market :

>YEAH WERE IN A BUBBLE BUT IT CAN GO ON LIKE THIS FOR A WHILE LONGER. I'LL JUST TIME THE TOP AND GET OUT.

when everyone is talking like this, the end is near.

>>19612815
I just sold a stock worth $3.30. Do I need to report that or pay a capital gains tax?

>>19612815
>buy my bags wagies! you'll be filthy rich
it's like you retards don't learn anything
this is 2017 again but in stonks
>inb4 kys doomer
it's your money, not mine lmao

>>19612815
thats only if they quit and keep their winnings. we all know nobody scores fast and then dumps everything into a boring index. they will lose all their winnings as fast as they got it. muh greed muh fooled by randomness.

>>19613936
You're going to jail buddy

so that probably means it will he the weakest hands ever when it dumps

>>19613936
You had better head towards the Mexican border. IRS is going to fuck you hard when they catch you

>>19613936
IRS has your IP address now and a full confession from you by this post.

>>19613947
its not the 18th century anymore pops, its the year 2000 when I become a billionaire from stocks you will be trimming my garden pops

>>19613912
Yeah all these newbies and retarded millenials gambling options in a retail buying frenzy thinking they're geniuses. Paper millionaires were a dime a dozen back in the dot com boom and they all went bankrupt.

>>19613857
Pride comes before a fall. Enjoy your 50% losses

Wonder what the FED will have to say tomorrow.

>>19614806
These robintards are not millionaires most of them only are gambling a few hundred $

>>19613936
>If you did it from your Roth IRA
no, you keep the entire sale
>if you did it from some dumb money market acct
yes, you need to claim it, and gov takes like 25%
Get a Roth IRA, takes like 2 minutes on schwab

>>19615268
It was that single free stock from robin Hood and I haven't sold it yet
I realized I don't like the government taking money I make so I'm gonna close my account and return the stock
Trading stocks are too stressful

>>19612815
of course a femoid would write something like this

>>19613912
>>19614806

QE infinity has created a new game. The FED can't stop pumping the market, the roller coaster won't stop for 5+ years probably when the digital dollar is rolled out.

>>19615268
>the stonk market will exist when im 65

>>19615917
>People know that all news is fake
>see an article that makes them feel good
>ignore that it was fake news written by a jewess with an agenda
>declare victory
>lose everything