/biz/ - Business & Finance

>>56076597
yeah
internet funny money does real well with 0% interest rates and clown economy in full force
when things get tight, inflation is hot, people have to start spending on necessities? not so fun is it now?
i tried pointing this out repeatedly over the last 2 years but i got laughed at and called a tranny

>>56076607
where were your shorts little man? little reddit man

>>56076607
It's sort of like the whole tech sales fad that happened around 2021-2022. Everyone and their dog was getting a tech sales job out of high school and getting $200k+ by getting promoted to account executive after a couple of years of working as an SDR.

Guess where all of those people are now? They ALL got fired, only very few tech salesmen left. It was simply a boom of free money flowing around that gave them those astronomical euphoric salaries in the first place.

Jerome fucked us hard, and he's about to fuck us even harder soon with oil prices skyrocketing.

>>56076612
only a fool would 1) trust the "crypto exchanges" that allow you to short 2) actually short the most manipulated assets in financial history. i've been sitting in treasury money markets and earning 5%.

B-bullish thread. The r*ddit babby is cry.

>>56076597
We should hold on until we print money again.

I'm very demoralized too, but I guess we should be stoic.
Otherwise I'll just kms

>>56076629
> print money again

They government won't do this again for a long time for us small folk. They'll happily print money for Ukraine though.

>>56076642
They ARE printing billions for ukraine.
But next year I'm betting they'll lower rates, and every asset will pump, including crypto.

BlackRock will endup with a Bitcoin Spot ETF and Ripple will win the case against SEC.

Crypto will moon late 2024 - early 2025

>>56076659
>But next year I'm betting they'll lower rates,
Not possible. The US debt has been doubling every 8 years for decades, and we're currently paying $1 trillion in interest annually in just federal debt. If you add in state, local, and personal debt, the US has more debt than it can ever pay off. High interest rates are the new norm. We can't tax our war out of this because 50% of our GDP is government spending. That means we can only raise the cost of administrative overhead of running the country.
Welcome to the new normal.

>>56076682
Wouldn't it be better for US to lower rates to service the debt cheaper?
I am missing something?

>>56076696
>I am missing something?
Yeah. You're missing the fact that it will continually be harder for the US to print money, because it's clear we don't have the ability to pay it off. Lowering the rates opens up monetary expansion, driving up inflation. While this inflation would make it easier to service our debts, it would also turn us into a Venezuela or Zimbabwe, while also scaring off people that would want to buy our treasuries.
In other words, we don't have the option of low interest rates.

the 2 legit investments are the stock market as RE. everything else is a scam where 99% of the players lose. im sure biz would say just git gud at be the 1% doing the scamming, but it's as easy as it sounds.

>>56076746
They WILL inflate it into oblivion
source: entire history of humanity

>>56076781
I agree with you, but they have to do it at a rate that doesn't scare away the people buying our debt, otherwise they lose that ability and we enter Zimbabwe style hyperinflation. Unfortunately we're doing crazy things. We spent more on 1 year in Ukraine than 20 years in Afghanistan. Our politicians are like an 18 year old with a credit card that doesn't understand the high interest it's racking up.

Ooooohhh noooo boooohooooo I can only get 350% average annual gains holding bitcoin and even better if I buy during bear markets ohhhhh noooooo it's not thousands of percent a week what's even the poooooiiiiiiinnnnnnnttttt bawwwwwwwwwwwwww

>>56076828
Most of us are down -90% from ATH two years in a row at this point

>>56076800
The easy solution to that is to create instability in every other government bond, which is trivially easy for the sole global military superpower. The only real competitor currency is the Euro, and the US has the EU by the balls through NATO and Russia is playing along by threatening the EU's buffer state. US withdrawal from NATO would crash the Euro so hard it wouldn't even be funny. Also got China by the balls because it would be trivial for the US to blockade them from oil, which they desperately need but don't have the blue water navy necessary to protect the entire trade route from Iran around India and through southeast asia to get to China.

Because of all that, the US will continue to export most of its own inflation to the rest of the world. Read Zeihan.

>>56076828
what 350% annual return? BTC was at around 20-30k a year ago and it's at 25k right now. BTC can't even outperform the S&P500 anymore, let alone the Nasdaq, Semiconductors or Nvidia.

>>56076597

Are you retarded??

>>56076597
Remember, no refunds.

ENJOY YOUR INTERNET COINS HAHAHAHHAHA

>>56076597
Just hurry up and liquidate so I can buy in when it hits $9k.

>>56076597
Seems like they are liquidating FTX assets, and we're heading into a crypto bear market till the end of year - early next year

>>56076597
The real problem is you want something and as a consequence require the market do do something when you need it to. This is not how this works….

>>56076866
>Read Zeihan.
Peter Zion is an idiot. His disregards demographics (IQ, race) and only looks at demographics (age, population). He's one of those people that thinks India and Niger will overtake China economically, because their populations will be bigger. I can't take anyone that stupid seriously

>>56076607
HAHAHAHAHHA
tranny

>>56078965
Everyone has blind spots. Don't throw out all his advice without consideration because he's a race cuck unless that is relevant.

>>56079242
He's had some clever talking points, but when he makes such egregious claims with the same confidence, it makes me doubt the rest of his claims. I also have to keep in mind who he works for, and that he has to maintain his bias favorable to the US government.

>>56076597
I'm guessing you played the shitcoin lottery* a bit too far

>*it's not a lottery, it's Turkish guys robbing your money

>>56076659

Basically, when Trump wins, we will see a huge rally.

>>56076607
>when things get tight, inflation is hot, people have to start spending on necessities?
You would kind of expect to see a massive price capitulation if that was all there was to it. Which is quite likely why there hasn't been, because so many people were anticipating it and decided to hold instead mebe

>>56079300
I mean if your entire portfolio isn't filled with shitcoins and you have alts like eth bnb arb sol matic etc in there, you wouldn't worry much because there is every chance they bounce back up in the next bull run

I also haven't bought anything new recently aside from rndr and ride which I have good reasons to believe in

Never been this demoralized in my life, Especially considering stocks are pumping

>>56079318
What manner of hopium is that?

>>56079674
>I have good reasons to believe in
what reasons do you have to be holding on to bags that are going underwater?

>>56079686
Tough year for everyone holding crypto
Really tough

>>56076597
Surely you're just in time to FOMO into the AI bubble like the credulous retard you are? Kerching!

>>56076597
So there's actually no hope left anon?
I really thought crypto was my way out of the matrix and not get caught in the loop

>>56079957
>I really thought crypto was my way out of the matrix and not get caught in the loop
"Have fun staying poor" wasn't it?

>>56079853
Sometimes you gotta go underwater to escape the danger kek
both are pretty solid and they've been building their way through the bear market, render is partnered with apple while holoride is partnered with Audi

That's all you need to know

>>56076828
Bitcoin is barely up +45% since January. Why do cryptotards lie so much?

>>56076607
Lol, tranny fagmeister cumface Sméagol giving xer ‘opinion’

>>56079996

>>56076597
End that boring life, jump on Enefti technology and have the best of VR/AR experience.

>>56076597
Remember how we’ve been comparing crypto to the dot com bubble for the last 5 years?
Right now we’re going through the period where the trash like pets.com/shib/etc is being flushed down the toilet.

Once this is over, the handful of non-scam projects can start the slow rebuild to legitimacy that all the big tech companies went through.

Of course, you and most of the people here who have no other investments will have capitulated by then, just like your boomer parents did in the early 00’s

>>56080111
>investments
>pretend internet money
LMAO

>>56076597

I lost $20k in 2022. You'll live OP.

>>56080111
>the handful of non-scam projects
they're all scams printed out of thin air

>>56076597
Unless you end up winning that freebitco jackpot. Luck is one of the most important aspects in life after all, in general

>>56079974
Waiting to see how Ride responds in the next bull market, I need to see it go above previous ath once again

>>56080111
This is a meme, The top 15 now look fucking disgusting

>>56080153
I've lost over $100k in unrealized losses, down to sub $35k in total portfolio value now (half of my folio is in eth and the rest in higher cap alts).

I'm still demoralized but at this point I may as well ride it out and find another source of income in the meantime. If it all goes to 0, then oh well.

>>56076597
Kikes always win in the end

>>56080192
>find another source of income
Can I get uhhhhhhhhhhh

>>56080191
It's still amazing how EVR is designed to fuel the ENEFTIVERSE metaverse and get each holder's bags filled

>>56080294

>>56076597
nigga's delusional having crazy expectations about crypto lol
get some $711 and solve that problem, it's on presale so when it releases you will have at least a 20x assured

>>56076621
5%? That's nice, anon!

Did you beat inflation with your gains?

>>56079686
>>56079939
I don't know... to me 2022 seemed worse? Everything seemed to just continually dump more and more for the entire year. At least we had a good pump in early 2023 and BTC is still up 51% since then despite all the volatility.

>>56076597
I am going to hold crypto and keep buying silver, gold and guns.
Thank you, go fuck yourself.

>>56080111
>the handful of non-scam projects
name 3

>>56076607
GOOD

Perfect time to buy

>>56076597
>This space just isn't worth the stress anymore.
What stress? It's easy holding when you DCA.
>>56076626
I just checked the charts and even before the run up to 68k it was down bad from it's all time high.

>>56079957
>So there's actually no hope left anon?
Anon, no.

>>56080111
>shib
Very large Market cap.
>>56080163
Learn how crypto mining works, retard.

>>56081004
2022 was way worse since we were coming off of the highs of 2021. even chainlink was pumping back then

>>56081100
>Perfect time to buy
D U B Z.
And I wish, I invested enough into crypto, gonna keep saving my money and maybe ape into some gold/silver when I get the chance.

>>56081078
>I am going to hold crypto
Better link up with EVR as the presale whitelist campaign is live on Zealy. Dive in and have a shot at winning $500 worth of Enefti-VR Glasses

>>56076597
>Demoralized
>Depressed
>Not holding AVAX
Time to KYS anon

>>56080675
Sounds like another memecoin jeet. No thank you, I'm good with my Eth and Dot locked safe in my Wasabi and Brillion wallet for long term profits.

>>56076597
>institutional money already in the market
institutions havent entered yet

>>56076597
Crypto was nothing more than a pump and dump scam and ponzi.

>demoralized
when did all these women show up on 4chan?

Just DCA Bitcoin don't stress yourself out.

>>56076866
China imports a lot of its oil overland from Russia right now and most of its coal overland from Mongolia. Its true that China also imports oil from the Middle East and coal from Australia, but blocking that won't stop China, it will just inconvenience them for a while.

>>56076597
is this thread real or is it my own astroturf pretending to be in ruin so the bogdanoffs will make their return and we shall riiiise

How do I sell this or am I fucked? What slippage?

>0xf69db5ac0d3d38d9dcf725c2de079f749c2b54fb

>>56081078
Why hasn't anyone made a better .22 pistol than the ruger mk 4?

>>56082594
They should think of a way to transport that better.
Like if you could connect them all somehow and have one big powerful engine pull lots of beds or something.
I'm sure those brilliant Asian engineers will come up with something.

>>56083305
keltec p17
and dont reply with keltec in greentext
also you should use a revolver for rimfire anyway, so ruger lcr

>>56080192
Put that entire 35k into link dumbass

>>56076597
I love seeing you crypto faggots get what you deserve. You're the dumbest investors in the market and you made the stupidest investment at the worst possible time and you are only just now realizing it.

I hope you lose everything. I made good investments during the pandemic and I'm just going to get richer and richer the more you lose. We're almost at the breaking point now. You're about to lose a whole lot more.

>>56080192
send eth and ill. make u famous

>>56076659
>But next year I'm betting they'll lower rates
lmfAO
>imFUCKINmplying
rates are going up shitto buckle the fuck up you have no fucking clue. in 1980 there was a period where mortgage rates were at 20%, but that was under a corrupt, but competent administration. you're currently in a corrupt INCOMPETENT administration so expect records being broken.

>>56076607
>internet funny money
you mean like the dollar?

>>56076618
Realtors are joining them right now. Software engineers too.

>>56076597
Many of us are down -90% from ATH for two years straight now. But if you invest in utility, no worries. You can grab some MATIC, LTC, XTP, ARB, and even SHIB. Just hold.

>>56076659

This. I’ve been saying it for a year, ukraine is the reason for all this fucking dumping and crabbing. Thanks fucking slav faggots; just keep blowing each other up while the rest of the world collapses to subisidize your little shitshow