/biz/ - Business & Finance

>>53027625
Nohow, i am never selling, ethereum backwards is muerehte, mean i ll take it to the grave.

N

i'd start by not reposting this same shit thread every day

>>53027631
>>53027633
It's true more or less but who cares what people say. I made 800k of link because I thought it was a good investment

>You encounter a druid milking his gull
>What will you do?

>>53027625
>crypto investing is just gambling
yeah so is investing in anything if you're stupid

>>53027625
wtf a smart black man?!

>>53027625
I agree, but it makes an assumption that all crypto is useless. Not all crypto is useless, meaning if you manage to pick a good investment and hold for long enough you can significantly increase your chances of success and it's therefore no longer gambling.
>t. 19k LINK

>>53027625
he's right

>>53027625
you tell him that he's right even though he isn't. people like him are exit liquidity. and why would anyone in their right mind try to turn their exit liquidity into a competitor?

Its not gambling if you have strategy to make money, like relying on statistics to profit from many trades with positive expected value. Its gambling when you are just hoping. Like buying a moonshot, and just hoping it will 1000x one day. That's gambling. But if you're doing research and trading at strategic times its not gambling.

A lot of people gamble with crypto, just like the stock market, and especially stock options, and commodities too. its not unique to crypto investors, and its retarded to say "all' crypto investing is gambling.

>>53027625
Everything in life is a gamble.

Even this thread, you gambled that posting this is worth more to you than doing something else with your life.

>>53027625
>how to defend myself in general without seeming like a pussy
you really cant

>>53027625
Investing in anything is gambling because nothing is 100%

>>53030011
This, whether it be buying crypto or company stock, the actual underlying fundamentals of both never actually guarantee success, though crypto is generally higher-risk with often a higher reward

>>53027625
Wrong, it's robbery. Now give me your fucking money

>>53027625

who cares? tech nigger is basically all just a saleswhore

>>53027625
>How do respond without seeming mad?
you say "I disagree" and explain your reasons without anger

if it is truly that difficult for you to have a conversation about a controversial topic "without seeming mad" you should probably work on your emotions

>>53027625
Buying crypto and calling this nigger a nigger.

>>53027625
>How do respond without seeming mad?
He's right. He's more right than you'll ever comprehend.

>>53027625
Responding with a simple Ok and then moving on with my day.
I don't give a shot what other people think, I'm just gonna do my thing.

>>53027625
start singing GnR Paradise City Lyrics:

Rags to riches or so they say
Ya gotta keep pushin' for the fortune and fame
You know it's all a gamble when it's just a game
Ya treat it like a capital crime
Everybody's doin' the time

https://www.youtube.com/watch?v=o8vzTKJBBDY

>>53027625
everything is gambling in life, there is no way to know the future, you just try your best to predict the best choice.

would going to med school and become a doctor have made your life better? probably, but it could also have initiated a butterly effect sequence of events leading you to get hit by a bus and die 5 years ago. congratulations, everything is a gamble.

>>53027625
It's true that everything is a gamble, but crypto definitely has its fair share of earning opportunities that can be safer than traditional options. From liquidity mining to staking, there are plenty of ways to get in on the action and potentially come out ahead. So if you're feeling adventurous and want to try something new, crypto might be worth a shot

>>53027663
Exactly, every fucking form of investment is a gamble with different risk levels.

>>53027633
I... don't think you should do that

>>53027625
Making retarded youtube videos about the lastest consoomer toy is gambling on the attention span of literal retards. And it's a shitload harder to recover your investment on aging tech than on cryptocurrency provided you are patient

>>53033311
G--asp you were about to join in weren't you?

>>53033390
G-d damn it, busted!

>>53033245
>liquidity mining
The only one I've joined so far is on polygon, ore/albt pair, the yield was huge a few months back. cool shit.

OP I'm going to level with you most of my money I got from crypto was thanks to trading DOGE, VINU and SHIB. Then I put some money into literal ponzi schemes like Pancakeswap pools and the like, then I bought altcoin that are nothing but hype driven.

I don't think anyone lucid enough is going to be offended by that statement. It's true. You can argue it isn't 100% gamba because you researched beforehand but in the end it *is* gambling and most major alts from like a year ago practically collapsing today are enough proof of that.

>>53033433
Anybody buying any crypto is gambling, I'm okay with the statement.

>>53033415
There are a lot of those out there with good yield, Once you increase your risk tolerance, a lot of these opportunities become visible.

>>53027625
>Yes, and?

>>53027625
He's correct. Investing in any company/token/stock that doesn't pay you in dividends is literally gambling.

>>53027625
he is correct

>>53032906
Imagine saying this to the nigger and as soon as you say the word future, his brain turns off. When you're done speaking he insults you because he thinks you're dissrespkin him and disagreeing with him and he doesn't know how to respond.

>>53027625
If you don't see the benefit in something as simple as being able to transfer money from the US to Australia at the speed of an email without hefty banking fees and "3-5 business days" at minimum, or having your financial account ACTUALLY be up to date in real time instead of having invisible pending fees from a check your landlord cashed last week after holding onto it for a month in his picket, then I'm not sure what to say. That's literally just the surface use for this tech.

>Muh venmo/paypal/cashapp

Same banking rails, less anonymity. Try sending someone $1k from your Venmo with $200 in your bank account and watch as Venmo magically prints the "money" from thin air to send to your recipient. Eventually the bank will get back to Venmo and say you don't have the funds, which in turn leads to an overdraft fee for you and a resubmission of the charge from Venmo (which triggers a second overdraft fee) until you actually have the funds. Your account will be frozen and Venmo will harass you and your bank until they're made whole, but somewhere along the lines your recipient magically got money printed from thin air into his account that he can spend freely.

People who don't think there's a need for this tech have simply never thought about how retarded our current infrastructure for moving money around is. They're stuck in the age of thinking the internet is pointless because we have the telephone, radio, and television in the 90's. When you're complacent, it's hard to recognize where the deficiencies are, and if you're not creative it's hard to imagine how they can be improved.

I'm not even "investing" in this tech, I literally use it. My bank account has like $6k in it while my wallets have over $300k combined. I trust it more than my bank, it's more efficient, and it's way easier to pay people now than ever. Don't have to dox my email or phone number, don't have to go through the headache of questioning if a check will bounce, etc.

>>53027625
>walking on the sidewalk is gambling

>>53027625
Say its a scam agree its a gambling. Become friends, get bitches left and right because leftist girls think im progressive. Look a cool hwite guy making raycism go away. Drown in pussy.

>>53027625
It isn't gambling because in a game of cards, that's mostly up to chance. The deck determines your gain. In the crypto world there is informed decision making. People get bullish on things and collectively decide. I guess it's gambling kind of like a fantasy football league and less like a dice game.

>>53027625
every investment is a gamble, but gambling shitcoins is for pajeets

>>53027625
marques brownlee is a certified™ white person

>>53027625
Isnt like every investment some sort of gamble? Is this the what the pinacle of youtubers look like?

>>53027625
Who gives a fuck? It's better if you just don't even care enough to respond.
Or you can just seethe and let things get under your skin and affect you your whole life.
Your choice.

>>53034734
Yep.

Now imagine saying all that and looking at op's picture, seeing that smug retard looking at you, not comprehending anything you said, and saying... "Yea but crypto investing is basically jus gambling."

All investing is gambling. Different risk profiles give different returns.
What these retards have failed to understand is that even holding fiat is gambling. There is no such thing as risk free, even cash has inherent risk associated with it.

>>53035278
Yeah, it's amazing how people can get so used to dogshit like this and not realize how retarded it is.

When I make a purchase with crypto, I click 2 prompts and I'm done without any typing needed.

is that Mark-Ass Brownie?

>>53027625
if you don't agree, you are mad, and for no reason, because you are also wrong

>>53027625
Just ignore them and move on

>>53034734
/thread really

And that's JUST using the old fintech example.

We've almost got web3 which improves upon the internet the same way the internet improved upon telephone/TV

>even niggers are saying crypto is a scam now
Biggest bottom signal I've seen all year

>>53027625
All investing is gambling. Even starting a business is a big gamble. It is all about risk/reward

>>53027625
Bruh why would you respond to a literal negro

>>53033433
Based

>>53027625
Roll the dice gamble another day brah!

>>53027625
smart thing to say for a nigger

>>53027652
>may I have some milk, druid?

>>53033398
E-Gad!

>>53027625
why would I get mad at the truth. it IS gambling. but I read up on.... gambling.

>>53034734
>>53035560
>BEEP BEEP
>all funds lost due to crash, error or ''bankruptcy''
no refunds

>>53027625
All markets are gambling and although we face greater risks we have greater rewards

>>53027625
https://youtu.be/79UeIp3ngjk?t=5

>>53027625
"If that's true, so is investing in the stock market"

Wtf a heads coin flew over my house. Wait no its a tails coin.
Get it? Do you understand my joke?

>>53027652
>I steal the gull

>>53030093
There's a lot of research to do before buying any crypto but fags just FOMO and call everything gamble. Try to buy into projects with good tech and FA in the next bull run and don't start expecting 1000x. Projects like RAIL, AZERO, QNT with good tech are what you should be looking at.

>>53039172
R.. Really? Are we doing this?