/biz/ - Business & Finance

>>20392706
that's the point

>>20392706
Shit
>I post

Spend a lot of time here and you'll learn to see through the shitposting

>>20392706
Everything on /biz/ is a shitpost. However, some of the shitposts are true.

>>20392706
everything is a shitpost until proven otherwise

>>20392706
Lurk more retard.
Don't buy link because early success will spoil you.

always dyor. you'll find gems here, don't worry fren

It's designed that way to keep newfags out. Just spend a lot of time here and you will eventually realize the difference. Also, never listen to /biz/ because it is retarded. Never trade options and avoid crypto for the most part.

>>20392706
tfw 3 years on biz and still don't know if people are shitposting. Or do I?

>>20392706
You have years to learn. The only rule you have to know for now it to never invest what you're not ready to lose. You'll see plenty of threads of people saying their mortgage their house to invest in some shitcoin, it's mostly larpers. Don't ruin your life.

i shit while posting, usually

>>20392749
>>20392784
>>20392808
yea this is my first thread ever kek i've been lurking for the past couple days, idk how you guys get used to the discussion here it's much different than the boards I browse.
>>20392858
i'm well aware of the existence of shills throughout plenty of boards here for now i'm just interested in knowing the market and watching its movement until i'm able to invest smartly

>>20392706
Listen here kid, there's only one golden rule around here: buy high, sell low.

As long as you follow this rule, you'll fit right in.

>>20393009
>it's much different than the boards I browse
Welcome to the club newfag

>>20392706
At your age, I would just invest in a variety of popular indexes, and hold for years. They tend to outperform most daytraders and strategies in the long run. Every paycheck, just take like 10-20% and invest. Avoid selling and just take the time to learn about investing if you're serious about it.

There is probably going to be a second dip in the economy due to the resurgence of covid19, so that's going to be the beat time to get in. Otherwise simply starting now holding through any crash in the economy that may happen is also a proven strategy.

One final tip. If anyone is talking about charts or price trends, ignore them. Market prices of the past do not influence future market prices, and you can not anticipate the movements of a price based on the shape of it's chart. You might as well be reading tea leaves.

Good luck anon.

>>20393287
:)
>>20393721
thanks alot i'll take notice to everything you said.

>>20392706
You need to learn how to identify pajeets. There's plenty of good info here, but beware of scammers. You can tell who they are because they have low energy responses. Biz is probably one of the best things that's happened to me.

>>20393721
>One final tip. If anyone is talking about charts or price trends, ignore them. Market prices of the past do not influence future market prices, and you can not anticipate the movements of a price based on the shape of it's chart. You might as well be reading tea leaves.
>market trends aren't a thing. It's all random.
>The fact that top traders use technical analysis successfully is pure coincidence
>Human psychology isn't a thing

Oh and buy LINK

>>20392808
>Avoid crypto
Except LINK

>>20393009
Kid
Research.

Get autistically into understanding Ethereum, defi, and the implications of the fourth industrial revolution. Use some imagination and creativity to identify the projects & stocks which will be valuable years from now. Buy those projects with as much money as you can comfortably do so with.