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/biz/ - Business & Finance

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49380228 No.49380228 [Reply] [Original]

Why are normies so bad at finance?

>> No.49380268

>>49380228
just go into the LUNA thread and see for yourself

>> No.49380275

They’re the reason finance exists. Somebody losing so that someone can make it. I dont make the rules

>> No.49380368

>>49380228
>normies
yup lets just pretend this board isn't filled with gullible mongoloids

>> No.49380400

Crypto is zero sum. There's no created value in crypto. Someone else has to lose for you to win. This is why it's so important that you take profits

>> No.49380441
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49380441

>>49380275
I'm glad it's like this.
I only have to go to walmart once a week to know that "le common man" deserve to be brutally tortured and killed.

>> No.49380480

>>49380400
So many are actually convincing themselves they're generating value. At least a good chunk of this board has the balls to admit it's just a more complex casino.

>> No.49380537

>>49380480
>Muh value of risk
>Muh time value of money
It's all a spook.

>> No.49380656

>>49380537
>It's all a spook.
Bases Strinerposter.

>> No.49380666

>>49380228
I lost nearly $300,000 on UST. I'm still ok.

>> No.49380749

just link the fucking thread

>> No.49380754 [DELETED] 

>>49380228
>normies
Why the fuck are you still here if you're too much of a retarded normalfaggot red ditor to say normalfag/andor lurk?

Also I've seen dipshit posts like this on /biz/ too but 4chan always thinks collectively that 4chan is "based and cool" when there's a lot of faggotry and stupidity here.

And the other answer is that stupid people think if they turned 2k into 200k they must be able to 100x it again and then buy all the dragon dildos in the world or whatever, instead of trying to manage their risk as their portfolio expands.