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/biz/ - Business & Finance

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1962393 No.1962393 [Reply] [Original]

>been traiding stocks all my life
>start seeing all this crypto coin shilling
>start to wonder if im missing out
>look at the gains for ETH
>9% return is considered mooning for crypto traders

You guys do realize that everyday there are multiple stocks that have 30% returns? I wouldnt even say they are good for long term, because ive seen stocks that have a 200% return a year.

>> No.1962396

>>1962393
Disregard those retards, ETH goes up 2% you can already see 15 le moon shill threads. Unless it's 50% fuck off niggers.

>> No.1962402

>>1962393
Yeah you can probably make similar gains to crypto in the penny stock world.

I guess it's just 15 year olds who sunk their only $100 dollars into some crypto at the peak and think posting about it on here will cause the price to rise more.

>> No.1962408

The future is crypto buy now or be poor eternally

>> No.1962409
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1962409

>>1962393
The future is now, old man

>> No.1962413

1. I pay .0025% commission fees on cryptotrades, which is very low

2. emerging market, so all the prices are still low (normie can't into crypto exchanges)

3. I plan on avoiding taxes on any and all gains

4. i can download the wallets and try the "product", good luck doing that with an up and coming airplane company or whatever the fuck you're investing in, they're not going to let you inside and check out their planes (or even talk to you on Slack, most likely)

5. It's more in tune with my interests (the fall of piggu disgusting petro currency)

Any arguments against these points?

>> No.1962421
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1962421

>>1962393
>You guys do realize that everyday there are multiple stocks that have 30% returns?
>ive seen stocks that have a 200% return a year.

La-di-da.

Opening poloniex right now shows me 9 coins have over 30% gains in the last 24 hours.

FRN on yobit has steadily gained nearly 2000% in the last week.

The crypto markets are less well known, less regulated, full of gambling addicts, assets are fuckin easy to move around between exchanges and you pay much lower fees for everything.

>> No.1962422

>>1962413

Sorry, .25%.

>> No.1962443

>>1962421

Kekd

>> No.1962449

>>1962422
>Avoiding paying gains tax
You can't spend your gains when your sitting in jail anon.

>> No.1962491

>>1962393

>9% return is considered mooning for crypto traders
> ive seen stocks that have a 200% return a year.
it's not %/year exchangers are showing, it's a day. I let you do the math.

>> No.1962494

>>1962413
THIS
H
I
S