/biz/ - Business & Finance

>>22773558
hes probably talking about people who just go on CB and invest in XRP cuz "muh world currency'.

Didn't read, don't care, let's goooooo

>>22773558
How do they define financial literacy?

>>22773625
I was thinking people that hold BTC and think it's ever going to reach a new ATH again.

Hey that's an article about me!

>>22773558
wow. didnt know there were so many fintech journalists who own crypto

>>22773656
>It will never reach $10 again
>It will never reach $1000 again
>it will never reach $10,000 again

>>22773656
that too.

>they think name calling is going to stop people from making money on shitcoins
I guess I'm a financial illiterate then. Let them keep playing with their 0.02% interest IRAs and I'll play with my shitcoins

>>22773625
XRP is unironically going to moon. At this point it's pretty much cope to deny it

>>22773739
>name calling
they really are shaking in their boots arent they?

>>22773558
>financial literacy
is apparently what they call kike scams for boomers these days. Oh well, fuck them for selling us out the way they did.

>>22773679
Bitcoin reached the blocksize limit in 2017.
Your model is starting to fall apart.

>>22773802
It clearly slows down every iteration dumbass. Not a BTC maxi but BTC will slowly gain value it's not going to be like 2016 or previous run ups.

How many times do we have to explain this?

>>22773741
I fucking lol'd, good one

>>22774116
COPE
O
P
E

Enjoy your worthless bags, linklet

>>22774145
>21 cents
I don't even own LINK, you're just fucking delusional

>>22774116
it's always true

>>22774152
>Price means anything

You might just be retarded enough to not own at least 1k XRP

no such thing as DD in crypto. You’re not investing, you’re gambling.

Most of you would be better off taking your day job slave wages to Vegas.

>>22774107
This is the biggest truth to come out do this board

>>22773558
>anyone who isn't a boomer is a financial illiterate

>>22774300
literally true
i was fucking around with crypto during the bullrun upto $20k btc and turned my $5k "investment" into $350k without even knowing what i was doing or how to read a chart. Just straight up dumb luck. Then I lost $300k of that because I didn't know what a stop loss was. Not even joking.

The highs and lows I experienced during that ordeal were only matched by the highs and lows I experience sitting at a poker table or playing high stakes blackjack.

It's gambling as you said, nothing more. People here think they're little wolfs on wallstreet or something but it's pure delusion and 99.9% will lose in the long run

>>22774499
I legit believe the HODL meme was a big brain plan laid out by the biggest whales during the 2017 bull run. There's not a single fucking textbook or video course out there that teaches you to buy an investment and to go down with the fucking ship without stop lossing or taking profits and then leaving the ship. It was a brilliant idea to hype up the masses to prevent any normal corrective retrace before dec 2017.

>>22774499
So what (trailing) stop loss level would you have used, had you known? And would you have been shaken out early by it?

>>22774661
But hodl has worked. The alternative is swinging, which is notoriously hard.

>>22773558
smart enough to buy memecoins, make a metamask, send them there and then buy bigger shitcoins

smart probably not, but illiterate deff not

I'm up x15 since April, could've been x50 had I sold the tops of the shitcoins I held, so whatever.

>>22773558
this reeks of stinkies

>>22773558
yes, it is time regulations kick stupid money out of the space
No trading nor crypto if you are not an accredited investors

>>22773645
Based. Understand this.

>>22773558
totally biz

>>22773558
Maybe it's because crypto is (was) a lot easier than traditional shit.

>>22774661
the hodl meme actually works if you combine it with DCA-ing your investment, so you'll reach a better average buy price

>>22774499
after a while you develop a feeling for undervalued projects and you definitely start to make more money than you lose, but that takes a few years I guess

>>22774661
No holding works, just look at MEME.

The problem is when something like link happens (i.e. it hits 20 bucks and it's like number 3 (?) in terms of market cap) and people STILL won't sell.

I've seen people who have had 2 million just hold. I don't get it...

>>22776504
post smelling like curry shit
disgusting

>>22774661

this makes too much sense. I can't wait for this whole space to crash to zero. Disgusting industry

>>22776504
screencapped ;)

>>22773558
that's unironically bullish because it means there are more idiots to dump on, more idiots that will FOMO

>>22774499
this