/biz/ - Business & Finance

>>26674171
I unironically liquidate my index funds and dumped it all into LINK/ETH/RBC/BAO.

Fuck 10% gains. Bullshit Jew trick.

>>26674171
At least your not some normie that's about to lose their entire lifesavings this week because they read an article on buzzfeed about this.

>>26674413
the fuck do you mean|? those same normies are making 10x this week

Mate, just go 33/33/33/1

>>26674895
what's that mean

>>26675859
33% Link
33% Link
33% Link
1% Link

>>26675859
33% index funds
33% cryptocurrency
33% property
1% cash

>>26674171
did you learn from your mistakes?
if you did, then you paid for your education through missed opportunity, and can get the next one
The market has existed for well over a century now
it'll be here tomorrow too

>>26674547
If they sell. But they won’t, they will lose everything.

>>26674171
Just buy GME now bro. The shorts will be expiring on Friday and thus drive the price up to ludicrous amounts. You're still early. Get in.

>>26674171
for every winning millionaire, there's multiple losers who threw their savings down the drain. How could you say you wouldn't have been one of them if you tried to time the markets?

Many of those that made money will blow it on a stupid investment later

>>26676331
33 cash, 34 crypto, 33 Silver,

>>26674171
You are not though. You are acting like a reasonable, intelligent investor. It is not your fault that we are living in a clown world where dead companies pump 10x in a day in the middle of a global pandemic.

t. 130+ iq finance anon who has not made as much money as 50 IQ drooling retards this year or last year

>>26677053
Nope

Your inflow of cash should constantly been streaming into your index fund, your crypto, and your property, while you hold onto 1% of that inflow of cash for emergency fund.

>>26674547
the same gamblers impulse that made them buy yolo calls with all their savings will also prevent them from taking profit.

>>26676817
>shorts will be expiring
shorts don't expire

im up 1.2 million no joke

i quit my forklifting job last month

>>26677813
crypto or gme?

>>26674171
I don't invest at all or know what anyone is talking about. I just have the bear and bull memes saved and I post them depending on whether line goes up or down. It's probably more rewarding than whatever these guys are actually doing.

>>26677813
Based

>>26678008
you my fren are going to make it

>>26674171
at least you didn't put it all in hedge funds

>>26674171
I barely know anything about trading, got some cash to play around with and hey made 70 dollars not bad ;) still don't know how anything works tell me what to do autists lets gamble this neatly

>>26678008
holy based

>>26678203
thanks fren I hope you make a lot of money

>>26678476
meant for >>26678126

>>26677813
fuck yeah. forklift drivers don't care about your feelings buttercup

>would kill myself but only thing stopping me is pets and family may be sad

>>26678008
cant tell if retarded or genuis

>>26677469
>130+ iq finance anon who has not made as much money as 50 IQ drooling retards this year or last year
the fact that this has happened should trigger you

>>26678325
cashout and get a blowjob

>>26674171
For there to be Chad winers, there also have to be index cucks like you

>started following this when gme pumped to $50
>"heh that's neat"
>do nothing for some reason

I don't deserve to be a millionaire

>>26676745
>>26677654
nice cope

>>26674895
This.
At the end of the day, everything could go tits up. you need a safety net. Putting your life savings into crypto is a legit suicide move.

>>26678008
basado

I feel this. Sitting on an a decent five figure sum with no idea what to do, never traded before in my life, don't even have a depot. Feels bad, man.

complete newfriend, know nothing about investing, wanted to set up a etoro, and buy some when it was 150. its asking me questions and shit, no idea whats up. now waiting for verifying.

>>26684144
>Putting your life savings into crypto is a legit suicide move.
kek people were saying this 5 years ago too

>>26677813

But why? Forklifting is comfy af.

>>26680456
it does trigger me, but it doesn't matter
in the long run they will go broke and I will keep getting richer
just like a complete beginner could beat a pro if the play one hand of poker, but if they keep playing the pro will win every time

>>26684036
you will learn your lesson sooner or later

>>26684144
were they wrong tho?

>>26685809
What i mean is that you're always 1 bad day/call away from losing everything you have. Same goes for stocks. I wasn't trying to comment on the validity on crypto.

>>26674171
Try having literally 850 fucking shares at $4 in GME in September and then just never buying back in.
I am extremely depressed.

>>26674171
Index fund is the gold standard of investing and will always work.
Trust me, for every rich person you hear from gambling stocks, 100 lost it all

>>26676218
yes

>>26686620
Some were
https://www.youtube.com/watch?v=utCaHjSlED0

>>26679117
did you realize being a millionaire wouldn't make you any happier? it's the ultimate blackpill

>>26677469
>in the middle of a global pandemic.
If you are actually 130+ IQ you know there is no actual pandemic, or did you just phrase it wrong?

>>26687177
Could buy me a house and a nice car, that would make me happy.

>>26686747
that sucks bro. you'll hit it one day

>>26687448

>>26687448
whether there is a pandemic or not is irrelevant. The damage to the overall economy is real.

>>26683556
i had my eye on gamestop since anons were talking about it here last summer, still didnt buy any bc im all in crypto

>>26684036
I invested 3k in GME, there's no cope needed. Just like Bitconnect, the average layman doesn't have a single idea what he's doing. He sees the media talk about it and he buys. Then it drops 2000% and he's screwed.

>>26687523
for about a month

>>26678008
he cute

>>26687448
the world is functioning under a pandemic, that's a pandemic whether you want it to be or not. saying "but its just a cold" doesn't stop how the world responds. fuck off to /pol/

>>26674171
Statistically if you stick with the index funds for decades you will outperform virtually all stock pickers

>>26680456
Buying GME today is fundamentally a bad idea.
The price is literally a crowd-sourced pump and dump.
I have fun with crypto and individual stocks, but every month I put a chunk of my salary into an index fund and I've been doing that since I got my first post-graduate job.
It's what makes me able to invest like a retard without panic selling.

>>26678008
>a silly frogposter fucks with the market merely by posting memes
Based

god damn i can't wait until staking is out and i can park my link gains in comfy index funds bros, it's gonna be lit to move the numbers on the screen from one place to another

>>26678008
my friend, you are the richest of us all

CLF tranny sold and I bought his calls up now killing it lmao

Kill yourself CLF tranny

Everyone should go all in CLF to spite this douchebag lmao!!!

>>26688285
Is that still true in the meme decades we live in now?
Why does it feel like everyone my age is getting rich as fuck while I still have to go to work every day.

>>26686577
> in the long run they will go broke and I will keep getting richer


No, they will do what bitcoin lottery winners did. Sell the gains and then invest in real estate property, conservative index funds and fucking your girl

cope cunt

>>26687177
> did you realize being a millionaire wouldn't make you any happier?

Well, duh, million is nothing in 2021. It's a billion that will make you happy.

>>26687177
im already happy

>>26688285
yeah, I want to see you "outperform" what I gained with Bitcoin from 2013 to 2021 with your cucked "index funds" in several lifetimes lmao

>>26674171
If it makes you feel any better, I sold an EXPR call for $130 yesterday that's now worth $980.

>>26678008
HOLY BASED

Based rational poster.

>>26674895
Fuck that, 80/20 stocks and bonds in low-cost trackers. With bond ratio rising with age.

Meme currency can go pop, property can lose value but if you lose everything on major stocks and bonds then we will all have more important things to worry about.

>>26689613
>No, they will do what bitcoin lottery winners did
this is not comparable in any way. Bitcoin lottery winners were not gamblers but nerds that were unironically in it for the tech
>Sell the gains and then invest in real estate property, conservative index funds
no they wont
>fucking your girl
not a chance in hell some fat disgusting neckbeard from reddit like yourself would even dare say hi to my girl
>cope
you are the one coping, you probably have not made more than lunch money anyway

>>26678008
same here man
i'm just a middle class neet with my parents in the middle of kansas

>>26678008
based

>>26689928
how much did you make and what was the initial

>>26689613
Ladies and gentlemen, the speculator.

>>26674171
It's not about making money, fren. It is highly likely a lot of people will lose a lot of money. However, the people buying up the stock will only lose the initial investment.

Wall Street is going to lose everything.
I think seeing that happen is worth the minuscule price of admission.

>>26674171
if that's what you do why hang around on investment related forums? the entire point of being an index cuck is not having to think about investments

>>26678008
I think this is the actual Chad posting

>>26678325
I don't know fuck all, started staring at lines with 500£ last week and i have 570£ now. Unironically buy low sell high meme

>>26677469
>I haven’t adapted to changing market conditions after two years in the game because I’m TOO SMART

>>26693219
This, kek

>>26693219
>>26693411
>2 years
it is less than 1 year and it is absolutely not indicative of "changing market conditions" in the long run