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/biz/ - Business & Finance

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25815883 No.25815883 [Reply] [Original]

For context I am a college student in a STEM subject. I would like to get into this and try make some money off it. But where do I even start? What things should I know before I start?

>> No.25816207

>>25815883
Read Nassim Taleb. Minimize losses while betting against the market.

>> No.25816608

>>25816207
Thanks anon

>> No.25816637

>>25816207
Fooled by Randomness is pretty good.

>> No.25816703
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25816703

>arf arf al-lah sibim arf nissam taleb arf arf!!

>> No.25816754
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25816754

>>25816703
Kek

>> No.25816795

>>25816637
Are these books applicable to crypto? Like I dont even know what I dont know when it comes to this

>> No.25816906

>>25815883
Once you buy coins can you sell them at any time?

>> No.25817432

>>25816703
heh

>> No.25817512

>>25815883
Read whitepapers. Dollar cost average. Hold your coins and tokens.

>> No.25817644

>>25815883

Unironically avoid crypto unless you have the self control to not invest more than 10% of your portfolio in these arcade tokens. Same thing with options.

>> No.25817689

>>25816795
They're generally applicable to anything probability-related.

>> No.25817713

>>25816795
>>25817689
But they're not like basic textbooks; you'll have to learn the basic vocabulary and jargon of whatever you invest in.

>> No.25817781

>>25817713
This was another question I had. Whats the best way to learn about jargon?

>> No.25817869

>>25817781
A lot of people recommend Investopedia. Look up terms you come across. If you're not a retard, you should pick it up via osmosis if you, for example, post here regularly or read related news.

>> No.25817905

>>25815883
>star wars
>announcing you're a STEM student when no one asked and it has no relevance
>makes a whole thread instead of lurking or doing your own research
hey you retarded shitskin faggot, reddit is that way, and btw if you're this bad at doing research you're never going to excel in STEM.

>> No.25818002
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25818002

>>25816207
Read Nassim, soak in what he's saying, then throw him in the trash after you realize that /biz/ is Nassim but smarter. Follow the memes, make money. It's that simple. But you need to know how to recognize true and powerful memes.

>> No.25818061
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25818061

>>25817905
Pic of anon

>> No.25818159
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25818159

>>25818002
So basically just all in chainlink.

Because 99% of the memes on these shitcoin shill threads are just rehashed Chainlink memes. It's actually pretty disgusting how these discord trannies steal linkie memes and rehash them to shill scams.

>> No.25818291

I have assess to course material from any subject online from my university. Would any material from economics/finance help here?

>> No.25818312

>>25816754
*B*A*S*E*D*
B
*
A
*
S
*
E
*
D

>> No.25818461

STEM? You'll appreciate this approach methinks:

1) Read this - the bible: https://www.amazon.com/Options-Futures-Other-Derivatives-6th/dp/0131499084

2) Learn about CAPM, Fama-French, Black Scholes and Black Litterman.

3) Finally, find and read this paper (and look for newer takes on the same subject) "Luck Versus Skill in the Cross Section of Mutual Fund Returns."

That'll give you a good base. You'll be tempted to take the index fund pill, and be skeptical of the illusion of choice in the markets. Then you'll look around you and notice there's plenty of retards making money from trading. Eventually you'll start researching crypto (as an asset class) with your traditional financial knowledge and you'll realize the only decent alternative is to go 100% all in LINK.

t. OG linklet
DR;NS.

>> No.25818519

>>25818461
>the bible
kek, thanks anon ill look into them

>> No.25818913
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25818913

>>25818159
Basically

>> No.25819484

>>25817644
checked

>> No.25820207

>>25815883
Youtube

>> No.25820669

>>25820207
really?

>> No.25821345

>>25820669
nice

>> No.25821399

>>25815883
Coin bureau. Youtube channel.

He’s clear and concise.