/biz/ - Business & Finance

me on the right (i’m pretty smart)

chainlink holders on top

chinks in the middle and bottom

>>53019431
>>53019436
why are you anons so useless
answer the damn question

>>53019354
>Are mid-curve IQ people bullish or bearish crypto/stocks?
Average normie sees FTX, LUNA, DOGE, NFTs etc. and thinks crypto is a scam right now

>>53019431
me on the left (i'm pretty dumb)

>>53019354

>>53019354
Bullish on stocks, bearish on crypto. It's time to buy

Midwits are genetically programmed to buy the top and sell the bottom. So right now bearish of course.

>>53019354
Normies are near term bearish but long term bullish. I've read several money manager YE/state of the marker letters that say that the Fed will have to stop raising rates, but not until 1Q2024.

>>53019354
u cant say crypto stocks in one sentence. crypto is very different and only low iq would mix the two

>>53020033
yeah this is generally the sentiment, people seem to think its just a matter of time before theres a rebound 'back to normal' and even if that takes years, they dont care.
a lot of retarded 30 year old boomer midwits who think theyve cracked market psychology and sentiment havent come to realise that things have changed fundamentally, particularly post covid. there will never be a mass capitulation/sell off no matter how low things get as retail participants have concurrently become too informed on market cycles and have no other alterntive strategy to making it outside of speculation.
in the past there was the tortoise v hare debate, was it worth putting excess income into slow but stable long term assets like a home v putting excess income into the markets where you could potentially make a lot more money but of course could end up losing it all. the threat in the old decision was that risking money on the hare meant missing out on the slow and steady progress of the tortoise.
well the tortoise is fucking dead, there is no 40 year career to rely on anymore, the home you buy today you may not be able to afford in 12 months when a fucking chatbot takes your job and nor might there even be a safe society and community, with fair laws and government, that could support an assets "natural" growth long term.
so yeah, people are betting on the hare and they dont care if it fails, there isnt a plan B anymore

The midwit take is always going to be whats currently happening or being talked about. The real question is what do the lowwits and highwits think.

>>53019354
me on the left (i'm pretty retarded)

>>53020186
This.

>>53019354
Let me fill in thie middle for you:

Crypto has some good ideas but its a scam as a currency. It needs to be heavily regulated. Corporations need to make a useful version of "Blockchain" and get rid of all this libertarian nonsense

Also Sam should go to jail, but that girl looks kind of nice and was probably just along for the ride, but also she is a smart and independent women.