/biz/ - Business & Finance

>>7808278
Don't worry about it

>>7808278
basically greed and desperation

i mean 4chan is full of losers who feel this is their only chance to make it big

when people say shitcoins do they mean all altcoins? the term is used pretty loosely

>>7808278
If you have a job you like, if you make good money, if your parents are rich, and you have a bunch of normie friends then there is no appeal. If you are desperate a need a second chance after wasting most of your opportunities in life, then it makes sense.

>>7810082

>>7809266
coins with no working product

>>7809266

By shitcoins, I mean every cryptocurrency

>>7810082

No it doesn't. I'm a poorfag. I've spent the better part of 2 years studying forex trading, share trading and watching shitcoins.

I'm about to begin a stock portfolio. It may be slower gains, but significantly less risk then investing in some mafia driven shitcoin.

I've read articles/posts of guys losing everything in ripple xrp after the crash. But then again, they invested in a company with a fucking fidget spinner as a logo kek.

>>7808278
And that is why you are poor and I'm not.

>>7811124

>gambling and luck means I'm skilled at investing

You are still a brainlet.

>>7808278
>I don't understand people that are investing their livelihoods in shitcoins
Then go away.

>>7811262

Perhaps make some counter points, or answer the question I asked at the bottom.

Or are basic business terms beyond the capabilities of shitcoin investors?

What's the proper fundamental analysis of these coins anyway?

>>7811316
>asking /biz/ to spoonfeed you instead of researching blockchain and smart contracts yourself
Nah

>>7811065
>>I've read articles/posts of guys losing everything in ripple xrp after the crash. But then again, they invested in a company with a fucking fidget spinner as a logo kek.

There are people who made tons of money off ripple by buying it at sub 1 cent

A lot of idiot normies take out loans to buy shit at ATH and then they act surprised when they lose it all, it happened when btc's ATH was $500, it's always going to happen as long as people FOMO into crypto without understanding what they're doing. They're the kind of people who would have lost everything in the dotcom bubble.

>>7808278
>please gois tell me aboot crypto im a fucking moron

>>7811065
Coins are a more volatile market than the stock market.
Simply put, its higher risk higher reward.
If you are starting with next to nothing, this makes way more sense.
Fiat has many flaws like government interfering, money printing, counterfeit money, and worst of all... Jewish tricks from the many whales already in the game.
You're basically retarded and/or a weakhanded faggot if you think the stock market is a better choice right now.
And your reddit spacing is enough proof of that for me.

>>7811065
Oh well then you fall into the third category, "no fucking balls destined to wagecuck for eternity." There is no hope for you.e

>>7811316
Gotta risk it for a chocolate biscuit m8

One would almost assume you shouldn't invest more than you are willing to lose.

>>7811341

Looks like you don't know what fundamental analysis means. Not surprised there.

>>7811464

I trade forex and invest in stocks friendo.

>>7811612
>yes correct, i am poor

>>7811612
>wohooo another 8% gains after a year of investing
>haha only 6 more years until I have finally doubled my money!
I make more cryptpgains in a day than you in a year

>>7808278

Is this /r/buttcoin trying to shill their agenda on /biz/ because we make fun of you?