/biz/ - Business & Finance

>>50324173
sell high
buy low

Sit with your thumb up your ass for a few years, then buy high when it's up again and cry about never making money.

Withdraw, get a house and start a family. Learn valuable skills that will help you in life instead of wasting time here watchint numbers on a screen.

>>50324173
The best option is to go with the lesser evil which i believe would be sitting in dollars.

>>50324198
Speaking like you have a monopoly of the market 38k was "buying low" where are we now?

>>50324322
>>50324369
>no, I will not sell a single bit of an asset that has pumped nonstop for 9 months
based and bagholder pilled

>>50324173
they'll just keep printing, watch

you have to be long and post-logic on all of this

>>50324173
If you only knew how bad things were

>>50324173
>gold is not any better with the recent $12.8 Trillion dollar worth of gold found in Uganda.
get this ridiculous fud out of your mind. this was from "aerial exploration data" aka they flew a helicopter over some goat pasture. not one drill was turned. even if it is real, which it isn't, it would take 10-15 years to build a producing mine to get the gold out of the ground, assuming you got the permits, which is never a guarantee

>>50324454
>they'll just keep printing, watch
they need an "excuse" to pivot. enter m.onkeypox

>>50324173
Go back to fiat. Time to sleep on your life savings...

>>50324499
Yeah bro UGANDA isnt gonna let you extract trillions of dollars of gold from their land. Are you fucking nigger dumb? Also CHINESE companies are already beginning to dig you absolute fucking retard.

>>50324173
Just buy and hold bitcoin (after cpi crash) for 5 years and watch the world implode around you. Temporary price movements are irellevant if you consider the fact the dollar is fucked beyond repair and the country is ran by incompetent morons who even on their best days couldn't come up with a reasonable solution to basic fucking problems. It's clown world, watch it implode.

>>50324560
>Also CHINESE companies are already beginning to dig you absolute fucking retard.
>dig
you mean drill? do they have the permits? those usually take 3-6 months. didn't this story just come out a few weeks ago? sounds like bullshit to me

>>50324173
Commodities are already in a 2 month bear market.
That should really start showing up in CPI/inflation.

Cotton down 40%
Wheat down 35%
In the same time,
Natgas, copper, corn all down over 20%.
Oil down over 15%
And basedbeans down almost 10%

This has to counter inflation a bit.
Thus either now or next month, the FED is going to ease.

>>50324397
You are gonna die on those assets. Holders are regretting everything now

>>50324707
How does this counter inflation?

>>50324821
nope, I'm not overexposed to usd

>>50324499
> Assuming you have got permits?

When has the west needed permits to steal from Africa, sounds like you are 15

>>50324560
Taking into account most of this african companies owe China a fortune, it's only a matter of time before we see chinese staking their claims on the golds.

>>50324856
Do you know what commodities are?
They are the base cost behind every good and service that gets consumed.

>>50324173
Are you racist or something?!

Ukraine needs another billion! Open that wallet and spread em!!

>>50324707
So you expecting inflation to ease any time soon? Never!!! Euro us not gonna turn any time soon

>>50324173
Fucking sell off all your investments anon.

>>50324541
Till inflatuion makes your life savings worthless.

>>50325274
You retards are too dramatic. Newfags have no idea about the 2018 crash. This is nothing compared to that

Deflation bros….not like this, not like this bros

>>50325313
2018 was a bloody hell, could barely survive the heartache... Fucking anons skipping school don't know what a cycle is.

>>50325313
Sounds like you are a new fag was there recession is 2018, was there a war, was inflation as bad as this?

If you don't know what to say go and suck mommy's breast.

>>50325274
Yeah, definitely sell off at a loss and buy back because of FOMO once the market rises. kek. Did none of you have diverse portfolios to minimize risks

>>50325208
Give ukraine another billion while americans languish in the worst for of inflation, slurpy biden is not just clueless, but he is also a clown.

>>50325368
Different circumstances, same outcome, you faggot. In both cases, our portfolios were fucked and the onle way we made it out was by hodling.

>>50324635
Obviously they don’t announce the find until they’ve already made a deal with China. Otherwise America would invade.

>>50324369
Now buy at 19K it is the new low

>>50325403
maybe you're being ignorant of certain DeFi tools.
I have my assets in stables and fuck, they've not been stagnant since Spool made stables reasonable, helping me to balance my funds across several yield generators.

>>50325532
Don’t forget. There’s a lot of support at $14k, but we’ve got to test it.

>>50325217
KEK, to think though, this happens after the influx of Euro backed stablecoins. The crypto Gods are fucking with us

>>50325539
Pretty sure that was sarcasm, you retard. And besides, SPOOL is a basic yield aggregator. There's plenty more of that. BEarn Fi, PancakeBunny etc.

>>50325597
I wouldn't call it an influx with only Circle and Bonq introducing Euro backed stablecoins, anon. However, are any of you hiing under your stablecoins right now, that seems to be a wise choice

>>50325742
Right, only most of them are fucking risky

>>50325784
USDC is fair, Staking it for around 10 percent APY

>>50324173
priced in

>>50325532
Someone said 17k was the bottom. But let's see. Most assume the next halving is when we'll see the next bull market. If you have a decent, diverse portfolio you should be fine by then

>>50325854
Everyone says have a diverse portfolio but no one tells us the actual strategies they use. Fucking oldfags

>>50325208

>>50325921
Because the same strategy wont work for everyone, you retard. For me, it's DCA into BTC and ETH, alts like AVAX, OCEAN, LINK. Occasionally participate in bug bounties for quick cash. DVDX had one for their binary options and ImmuneFi had $1M bug bounty recently. Memecoins if you know when to pull out before the greed gets to you. Stake stablecoins. You're welcome.

>>50325661
It is somewhat advanced, with a few excellent features, one of which is buffer fees.

>>50326058
What on earth does buffer fees mean, pajeet

>>50325989
ImmuneFi's partners are also having a 1.5 million dollar bug bounty, anon

>>50325661
Except you're fucking dumb to understand that one deals with stable coins, while the others, like your Pancakebunny are subject to to volatility Faggot...

>>50324173
Stop ranting dogshit on gold... Have never been compared to BTC even when those congress men were bullish...

>>50326105
LOL, it's a batching system of withdrawal on the spool smart contract, where multiple transactions are batched together, which reduces the amount of gas fees paid by the different users.

>>50325597
Whether fiat or euro backed stablecoins, everything is going down. Don't scare this board with Grammer

>>50324198
kek, i held the whole way down, finally capulated and just keep selling every minor rally to buy back lower. it's been an amazingly predictable week.

>>50325539
>>50325811
Keep working for those CEOs. You can never be rich from those stables...

And they said stagflation not real

>>50326105
Buffer system minimise the gas cost , so you have to pay less for fees

>>50326432
I never said it'll make you rich faggot, I'm sure your dead shitcoins already dug your grave with this market hitting.

>>50324173
>How fucked are we?
How it will actually go down won't be how anyone expects.
There won't be hyperinflation with how this economy works. If it was real and not fake then we would hyperinflate.
However what will occur is this.

One day you will go to the store and there simply will not be food.
Most people will think it's a fluke and come back tomorrow or the next day.
You go back the next day and sure enough, no food, you go elsewhere, no food.
Then you will try to leave the city to go to a supermarket somewhere else.
You go to get gas.
There is a line.
You go to another gas station and there is another line.
At this point you might panic.
What you don't realize is that there is no more gas just like there is no more food.
At this point in time you will start to notice crime is happening all the time and everywhere.
You will go to your apartment and bundle up. You will stretch your supplies as far as possible. You might have a gun or two and load them up.

Then you will turn on your internet and talk on 4chan, discord, and telegram talking about what the fuck are we going to do and why this is happening and what are the politicians are saying.
They all say the same thing about how things are bad, but inflation has peaked and help is on the way.
They will say that the USA is in control and to not panic, stay in your homes, and wait for aid.

Then the electricity goes out.

>>50326185
They're all yield aggregators. That was the point. As for volatility, that's the synonym of crypto. Retard. If you wanted to convince me, you would have responded with a pro of Spool not a con of PancakeBunny.

>>50326290
Now this is an explanation worth reading. Regardless, what's the gas fees approximately like, anon

>>50325313
In 2018, we only had ICOs and Bitconnect, where real people were ripped off, but in 2022, we'll have NFTs, gamefi, m2e, defi, and stablecoin, all wreaking havoc on everyone.

>>50324173
investing in shit like netflix is degenerate
you deserve what you have coming for you, plus eat shit with your plebbit spacing

>>50326136
Are you fucking serious, there are immunefi shills on this board? Bug bounties are a piece of shit and IF is hot garbage at the bottom of the heap. I've never gotten paid from them but instead had to get paid by reaching out to the affected team directly. Until they stop being completely useless there is zero incentive to report it through them.

>>50326808
All yield aggregators with different mode of function, I prefer that which embrace stablecoins, looks safe tome in this market.
>>50326853
You know what ERC-20 fees look like ... kek

>>50324560
bro a ugandan prince has sent you an email with an offer of a quadrillion ounces of the purest gold from the richest and largest deposits found in over a century. all he asks is a small deposit of 10 billion for mining infrastructure and development. are you retarded enough to accept?

>>50327001
haha... he's a new fag in the block, he'll get to learn better with time.

>>50324173
There is no conceivable way that Uganda has that much gold. Cosmically speaking it is nearly impossible when a star is an hero'd to form that many gold molecules because of the specific wavelength of microburst requirements needed for radon particle degeneration to form even one grain of gold is sporadically random at best. At most we have seen some tonnage of product but 12.8 trillion worth is a fucking lie. It's a fucking lie it has to be. No fucking way.

>>50327141
lol this, i can't believe how retarded mfs are

>>50324173
That’s what happens when you have an illegitimate government.
>what should normies like me do
Stop complying with their bullshit, stop enforcing their propaganda, stop enabling their lies.

I swear that’s the only thing normalfags exist for, to be pawns for corrupt bureaucrats and lying journalists.

>>50324173
Buy foreclosures at auction with all the money you have saved up.

>>50325661
It is a good defi platform , but its not getting recognition it deserve

>>50324173
>How fucked are we?

>>50327318
https://www.youtube.com/shorts/UP3Q6ALxY0g

>>50327141
Clearly states that another scammer just hit biz ... kek.

>>50327378
The fuck , Is he an influencer now ,

>>50324707
A big part of of inflation is because of cascading supply chain failures. You'll have shortages on some things and desperate fire-sales of others, but maybe the fire-sales can given the fed an excuse to pivot.

>>50327289
Which are you talking of?

>>50324173
Inflation would only go further tops.. nothing more.. we doom n fucked

>>50325368
eoy 2018 the fed killed all markets with their hikes
and was quickly forced to change course and start cutting and easing
so worst case scenario another 50% drop in nov with the next major cycle starting early next year
now the question is do you want to risk it to wait for this black swan or do you say we dipped enough i am not poor enough to wait it out longer
if you sold in dec 2021, now is as good a time as any to buy back in

>>50324198
So far the best, till the low turns to top.of your orders

>>50326677
do we have an Argentinian poster among us
but for those too young to remember all this the end of the world talk was how they got you in 2008
back then it was also shelves will be empty, no gas at the station peak oil run for the hills
and the psyop worked to stop so many people from buying the bottom

>>50324707
>basedbeans

Kek

>>50326677
Ok fine I'll start a garden

>>50325217
Euro is close to LUNA shitcoins, one is crypto the other is Fiat.. how's that even hard to decide .. kek

>>50328302
I'm still secured with Stablecoins, anyone buying now is a ritualist. Kek

>>50326677
How's even hard to get.. we in a freaking recession the Fed's lying to us.. the figures are manipulated

>>50328302
just keep getting raises at work because the money they pay you with aint worth shit

>>50328527
Tf you doing with the stablescoins pajeet

>>50328484
>I'll start a garden
said the bosnian in 1991

>>50328590
Imma farm on Genesis pool, to yield some passive yields on SpoOL.fi .. how is that a big deal.

>>50324173
Keep DCAing. My In Laws doubled down on their investments during the 2008 recession and are so far ahead with all of their assets paid off that they don't even notice gains or losses anymore.

I have a LOT more disposable income now than just struggling not to lose my home back then that I will toss a few grand into investments every month (not gambling shit coins) and wait it out a few years. Might get a sweet deal to build my Mountain Home when materials get cheaper along with home prices.

>>50328590
taking advantage of a DeFi tool which connects me to several yield generators and balances my capital allocation across these generators for me t earn passively from staking.

>>50328655
what are the APR you getting on these farm ?

>>50328631
Not like there's anything else I can do but starve

>>50324173
You should invest into America's favourite video game and monkey picture retailer.

>>50327318
good old days, I like how people got fucked

>>50324237
This. Millennials were fucked coming into the workforce during the great recession but many were able to make it through and learn skills, buy homes when incentives to stimulate the economy came back. The ones who focused on their careers and kept their homes are in a MUCH better position right now to weather this storm than those who didn't.

>>50324635
>do they have the permits? those usually take 3-6 months.
We've got an expert in Ugandan construction law right here

>>50325921
Get a financial advisor. Edward Jones or something like that. They don't charge you upfront. They just take a small % of what your investments earn as payment. All you do is just DCA money to your IRA or whatever account and they have risk formulas that they use to manage that shit for you.

>>50328798
If I read correctly, that's Spool, and they got ^ genesis spools, which have varying risk models and tolerance, making the income rate vary as well.. more like your choice of risk will determine your income rate.

>>50324173
>Muh Netflix
Sorry no refunds

>>50326432
What’s the smarter play in a volatile bear market, oh wise one?

>>50324173
What normies should do is accumulate as much crypto as possibe. Either stake cryptos like HBAR, MATIC, and CNDL for up to 20% APY or participate in airdrops, bounties, and giveaways, like the one from CNDL Chain dot com. I believe the zkSync airdrop is inbound too and there may be one from Aztec.

>>50324707
If this is the case, why the frick are cans of beans up from 0.79$ to 1.79$ in the span of four months?

>>50326677
Nobody is in control... The whole thing is that inflation is out of hand like you said.

Isn't UK in control while EUR is losing value still.. it's a whole critical moment which any fucking being can't predict...

>>50324173
>What should normies like me do?
Get a shitbox car with great mileage. Get a bigger freezer. Liquidate into dollars and bonds and try to time the bottom. The US dollar isn't devaluing across the board, in fact it's fucking strong. The price of consumer goods with high fossil fuel inputs is inflating, but that's irrelevant for investing.

Buy more bonds.

>>50328964
>t. financial advisor pumping their jewish bags

>>50324173
i demand that every single crypto trader who voted for biden commits suicide

>>50326808
But there is no way the cake bunny is bear to the buffer mechanism integrated on Spool for gas reduction anon...

>>50328798
Those kinda 9% 10% .... The best you can get from stablecoins are there ... Not those audio APY

>>50324173
its all good as well as trump isnt prez r-right guys?

>>50324601
no power = no internet = no bitcorn

>>50324499
That's some high ABV copium right there.

>>50324173
The end is coming.
Prepare for the worst fellas.
Hodl XMR, the only crypto that is suited for the dark markets that will occur regularly on the streets of Tokyo/New York etc

>>50329088
Just to hang up on your stables .... The bottom is yet to come. No one will remember you when you are rekt...

>>50329331
This is the problem

>>50329331
So all like 12 of them?

>>50329399
9% is pretty good, I might consider it

>>50324173
oh no i have to pay 0.1$ for milk
better kill myself

>>50329619
Sadge.
The moment he lost I contemplated suicide

>>50328970
Correct, you can set your own risk levels, and your funds will automatically diversify and generate the best yields.

>>50328798
I'm fine earning 4-5% on my USDT or USDC on SpoOL. Not too juicy but good enough in the current current market tides

>>50329876
>im losing money and im okay with it

>>50329569

>>50329548
kek, you are already dead, that shit is not going anywhere

>>50328763
Not to much of a fan of staking lately, rather go with the yield farming..

>>50324173
Revolt. Burn down the federal reserve in 'minecraft

>>50324173
Just Putin’s gas hike goy. Stop with the numbers and get back to the wagiecage®

>>50324173
>How fucked are we?
Not at all, it's all priced in and within a few months to a year you'll be laughing about the inflation scare we had

>>50329910
I can imagine the pains that comes with loosing...
I can't deal with it, I loose on most investment, might check out SpoOL option of yielding

>>50329864
Not a bad strategy, would hang on the least risky yields.. guess they got lesser juicy rewards too

just remember that Trump publicly crucified Thomas Massie, the only person in DC with any testicles, for opposing the original gigantic COVID spending bill in March of 2020

>>50329853
This is your portion....

>>50324173
Oh wow? A heckin 14% increase in gallon of milk??
No heckin way!!
How about you stop being poor? My wages have risen by 25% YoY. Stop working dead end jobs and maybe you won’t feel it.
I thought this is a business and finance board, you know to invest you need surplus money, how come everyone is fucking poor?

>>50329910
Nigger you are dumb

>>50330081
Yield farming for alts..... Hope you can bear the impermanent loss inherent there?

>>50331727
Fuck off STFU... Isn't the investment a way of being rich... Jannies, although born poor but never wanna remain poor... Scared money makes no gain...

>>50331727
>My wages have risen by 25% YoY.
Just because you sucked off 25% more men than last year doesn't mean your wages went up by that amount, silly.

>>50324173
Buy your own cow and bull and get milk that way. Or use your labor on a dairy farm in exchange for some milk. Fiat and its derivatives will never be stable again so you’re better off becoming a nomad worker in the country fixing shit and taking care of livestock.

>>50329876
The idea for now is not getting burnt out... one of the spools i tried earlier has 10%, thats even way juicy IMO.

take out the max loan on your 401(k). You pay yourself back at 3-5% interest which will be better than the market.

>>50335220
at this point, any % interest is better than the market . Kek.

>>50324173
Own nothing and eat ze bugs