/biz/ - Business & Finance

>>25309909
Normie here

I know about BTC but the price is so high that I don't feel any incentive to invest in it. Instead, I invest in stocks

Has this Krugman faggot evwr said anything right?
He is ALWAYS wrong and everyone still makes sure to ask him about his opinion.

No normie is buying this, and this is also the ultimate indicator why it will crash so hard, that your raped asshole will bleed relentlessly

>>25309992
Doesn't need to be right. He's a member of the tribe.

>>25310010
How does he still have a job? I wish more people would hatress him to commit sudoku on twitter. We need less retarded boomer gurus writing in prestigious established papers.

>>25309909
My normie "friends" from work have started talking about crypto in the group chat.. we know what that means

>>25310127

(((Krugman)))

>>25310182
also imagine thinking that ANY normie would buy bitcoin when it hits 50k$ for no reason. "Oh.. 50.000$ sounds like a reasonable buy now after it was 3.5$k earlier in 2020." Even normies learned the lesson.

>>25310184
>be Krugman
>Blame qanon when you get caught downloading cheese pizza

>>25310127
i don't know why anyone still listens to him
i wouldn't trust him to tell me what day of the week it was
perhaps it's just because he's a great leftist, i.e., he always chooses the maximally wrong option

>>25309940
>>25310182
>>25310221
They can still buy in for a few hundred dollars or 1k though and get better returns on their small investments that what they would elsewhere.

>>25310284
I put 1000 in on Monday and I don't plan to sell until 2030. Wish me luck!

>>25310378
Good luck. Either you make it or you don't

>>25310378
If you had done that with PHE stocks, depending on your margin, you could have doubled or tripled that money already.

>>25310221
Imagine your fiat money just losing value in the bank. Normies are going to learn about inflation next year and will choose bitcoin over any other investment even if bitcoin is at 50k.

>>25310378
Good luck

>>25310284
>>25310422
Bitcoin isn't the only way to protect yourself from inflation. Stocks are less volatile and you can choose exactly the amount of risk management that you are comfortable with

BTC can go up much faster than my stocks, it can also go down much faster. If I have to wagecuck and also find time to do normie activities when corona-chan goes away, I don't want the stress wondering if my BTC investment is going to disappear because governments brought in new financial regulation

Here for the delicious seethe, how will nocoiners survive outside the citadel and does anyone that matters give a shit? You had 12 fucking years :honk honk:

>>25309909
A normie lacks intellectual capacity to process changes and self discipline to acknowledge their mistake.

Your typical normie learned that Bitcoin is a bubble because it crushed. True, by late 2017 we were in the bubble, however normies do not have any ideas what caused it - and how the industry is different today. All they were able to grasp is that BTC and bubble were frequently in the same sentence and small normie's brain made irreversible conclusion that BTC = bubble.

This is why normies think they are "not making same mistake again" by staying away from crypto at the moment. What really happening though is normies losing their chances to at least make up their losses from previous crash - or even make some good profit.

They will join again eventually, after cryptocurrency reports will be broadcasted through normie TV channels on daily basis, their favorite celebrities will be endorsing it etc. At this point, however, it will already be the end of the current cycle and once again normies will lose their life savings, most probably - on some blatantly obvious scams.
Such is the fate of a normie.

$XED sale on Polkastarter is in 1 hour btw, you know what to do friends.

>>25310422
>imagine being a normie, put in 50k$ and lose 50% in an overnight flashcrash
Hmmm

>>25310480
When bitcoin halves should I buy 1000 more?

>>25310489
Any government that that tries regulating BTC will most likely have its highest ranking politicians assassinated. You don't know how much criminal money is in that shit.

>>25309909
They are this time too. Just not as vocal about it.

>>25309909
price optics. they may be abstractly interested, 'but near $30k for a Buttcoin is too much, man' - as >>25309940.
its why stock splits are a thing. and its actually a problem, BTC was never intended to be this price and no one gaf about the concept of Sats. It'll end like Berkshire shares, rich folks will swap them occasionally for meme worth. And even Warren introduced a poorfag version.

>>25310531
Thats just the way of the normie. The slowest mover will see the lowest profits and a lot will lose money but they will enter the cryptospace anyway and create a new generation of bagholders

>>25310233
It worked.

>>25310683
What is a normie in the world of biz? How does a normie ascend, and should he even want to?

>>25309909
retail interest before was from complete idiots who are still holding xrp from the top.
don't listen to them - glitch.finance is next

>>25309909

normie here,

with Bitcoin there is no short term potential.
It may give 100-300%, but can dip any time. Not much better than normal stocks, with much higher risks.

I prefer buying dips.
For now I'm waiting for normalization of situation with XRT/Ripple or price reaching 0,1-0,12$.

>>25309940
ONLY stocks with a mcap below 500b, right? As you can buy portions of a bitcoin. Most normies go for shit like apple and tesla both of which have higher mcaps and are propped up artificially to prevent the US from shitting the bed even harder

>>25310741
dubs and you pee and poop your bed tonight

>>25309909
>>25309940
>>25310284

Robinhood and wallstreetbets is the latest craze this past year.

You could get a few thousand percent gains with calls and puts in a matter of days or weeks.

Bitcoin and altcoins aren't mooning as fast.

Plus there are lots of trading fees with crypto, while robinhood is basically no fees for trading

Femanon here. I do buy bitcoins.

>>25310830
No, I have a mix of small and large caps. I want good companies in different sectors. Normie memes are mostly huge tech stocks which just crab (AAPL) or are crazy volatile (TSLA)

NET is an example of a tech stock I really like

>>25310889
>Girls can trade crypto just as well as men!!!
It's the fucking gamer girl disaster all over again

>>25310889
We have a rule here. Tits or gtfo

>>25310794
>It may give 100-300%, but can dip any time. Not much better than normal stocks, with much higher risks.
This. I'm soon moving most of my holdings to the stock market

>>25310889
same, we should be cryptosisters

hit me up on the /r/cryptocurrency discord

>>25310889

>>25310914
NET has been insane. You still buying it? Any other stocks you looking at?

>>25310927
You are the proof you don't need balls to trade
>>25310931
Not happening sweetie

>>25310184
>(((Krugman)))
The broken window phallus

>>25310960
*subreddit
>>25310967
Childish. And then you cry you don't have girls in here. Grow a pair

>>25310184
>My IPnerino got hacked
>This fucking guy
What I hate most is that most normalfags will believe him, especially boomers

>>25310960
Excuse me, discord is trannies only

>>25310969
I want to buy the current dip, trying to time it well. TLS has been a great tech stock, I am up 40% on that

I'm looking at US bank stocks (maybe BAC, BK, not sure what to choose) and defence (KTOS, RTX). I see these as more stable than commodities... I want to be completely out of commodities and in this shit by the time I have to wagecuck fulltime again in Jan. So I don't need to worry about my portfolio

>>25310378
How does $100,000 sound?

>>25310532
Better than nothing

The first retail bullrun was because btc went from literally nothing to 19k and early users were accidentally becoming millionaires. Massive fomo effect. Normies aren't excited by the prospect of doubling or tripling their money over the next 5 years, which is a more realistic prospect now, they want to invest $1000 and then be set for life.

>>25311133
This.

Crypto acceleration of gains has slowed.

Stock options is where it's at, you can get a few hundred or thousands percent gains in a day

>>25310530
Underrated post

>>25311179
>you can get a few hundred or thousands percent gains in a day
spoonfeed us cryptards exactly how to do this or gtfo

answering the OP: normies are genetically programmed to make retarded decisions. they fomoed in at the last top, and they'll fomo in at this top. imo thats gonna be at like 100k. could take months or a year to get there though

>>25311647
>spoonfeed us cryptards exactly how to do this or gtfo
You know you share a board with /smg/, the most intellectual general outside of /lit/'s /sffg/? The internet's most elite traders discuss options and trading strategies right here on /biz/

>>25311697
>/smg/
>most intellectual general

>>25311733

>>25311060
Seems like NET is heading to $65 ish.
You still buying TLS?

>>25309909
there is anon. grayscale has so much demand thet there is a waiting list. that's retail, just a different demographic and mechanism of entry

>>25309992
you mean fake news - communist version
>>25309993
false as fuck

>>25311778
>Seems like NET is heading to $65 ish
Well, I hope so!

>You still buying TLS?
No, I'm not sure how to value it. At some point I expect pullback like PLTR but TLS market cap is still under $2 billion. I'm not sure what would be fair value for TLS

>>25311647
>spoonfeed us cryptards exactly how to do this or gtfo
go on /smg/ and gauge their IQ, you'll realize they're actually dumber than the rest of biz (except for /pmg/ I guess but those people are truly deranged)

and you make a decent point
normies will always buy the top
the price fud is cute but all it'll take is for coinbase to stop pricing BTC and start pricing mBTC (1/1000)

>>25311911
>

you can only hear of something for the first time once..

>>25309940
You realise that you don't have to buy whole BTC, or any other crypto for that matter? That seems to be something that a lot of normies don't understand, probably because they're thinking in terms of stocks. There's plenty of poorfags around here that only have $50 in BTC.

>>25311864
Where do you find out about stocks? Like how did you find out about TLS? Do you use a screener or something

>>25312293
>You realise that you don't have to buy whole BTC, or any other crypto for that matter?
Yes I know that

>>25312398
/smg/

>>25310889
attention seeking cunt

>>25312434
>/smg/
Same, based

>>25309909
>Why isn't there any retail interest in Bitcoin this bullrun?
>In 2017, normoids were going crazy for BTC. This time they are oblivious.
If you bought TQQQ in 2017 you would have gained 1000%

>>25310184
>my IP´got hacked and now I'm full of CP
lmao this kike

>>25311817
That's normies trading GBTC.