/biz/ - Business & Finance

>>28237022

simplistic view of how the stock market works by a nigger.

>>28237842
I mean the nigga isn't completely wrong but he will never make it

>>28237842
is he wrong?

>>28237022
It's not stock, but XLM

>>28238202
Yes he's wrong. If you bought Amazon at its peak in 2000, you weren't too late. Typical nigger, always thinking short term.

>>28237022
he's right

>>28238463
you were too late to get rich off very little capital, retard. plus the risk of buying at 2000 was very high relative to potential reward

>>28237842
>>28237996
>>28238202
>>28238463
>>28238494


Explain when everyone was talking about Bitcoin when it was at 20k

>>28237022

Stocks? Mostly right, but not always.

Shitcoins? Yes, this is 100% correct. When normies start talking shitcoins the top is in.

Get in XLM before it moons to $1 noggers

>>28238565
didn't realize bitcoin was a stock

>>28238565
>muh bitcoin stock do be doin a lil sumn

>>28237022
Hes saying if you heard about it on insta instead of biz youre buying at the top, such as all the normies buying boomercoin and gamestop at the top

>>28237842
Is he incorrect? If normies are talking about anything, it's too late.

>>28237996
Daily reminder the ceo of bitmex is black and he makes 1000 broke whitebois a day

>>28237022
Not a human being.

>>28238557
I don't think you understand the concept of time.

>>28238565
it dropped to 3k and you wouldn't have broken even for 3 years.

>>28238786
Hes black, not a chink. Its the chinese culture without a soul.

>>28238735
If you bought BTC at the peak in 2018 you'd still more than double you investment.

>>28238806
the nigger is smarter than u

>>28238900
and you would have been down 80% within 2 years

>>28238900
I know. My boomer mother did so like i told her to and shes doing very well. As i said, boomercoin.

>>28238899
You realize what happened to Amazons price in 2001 right? You must be non white to defend such niggardery

>>28238984
> 2018 $20000
> 2021 $48000
>somehow this is being down 80%

>>28239167
>he doesn't know
Oh no no no no

I remember people saying this in 2016.

>>28239167
Look mate you bought gamestop at $500, you will NEVER get that money back
Just fucking deal with it for following reddit memes you braindead fuck tard
Bitcoin is bitcoin.

>>28239429
you do know that the new data is in right? current gme float at 265%

>>28239429
Learn how to follow a conversation. I never said anything about gamestop you reddit faggot

>>28238863
This will happen again, it's inevitable. Imagine the amount of tears that will flood.

This nigga's right, a little unknown gem called S&P500 made a ton of money last decade. Just don't tell anyone about it people don't know

>>28237022
Wrong. At that point you can only 2x your money. Of course most people don't know how to sell so they lose it all.

>>28240857

Published today. Current as of Jan 31st.
Wait until Feb 14th to know the SI as of this moment.
They release it on a schedule. S3 is probably the best indicator if you want to know what it is right now.

>>28241465
You newfags forgot all about the 2018/19 bear market

>>28237022
ay bru lemme *smacks lips* tell u a lil sum *licks blunt* when yallz be *sniffs coke* hearin boutta lil sum *drive by shooting* finna be late nahmsayin?

>>28238863
yeah and it could drop from $200k to $30k i can totally see that happen.

>>28237022
It's not always true, you couldve said this about bitcoin a decade ago

>>28237022
I really thought this nigger’s name was “Roobah” for a second
Imagine taking stock tips from a fucking nigger trying to larp as a drug dealer trying to larp as a businessman
>>28238667
>he doesn’t know