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/biz/ - Business & Finance


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11704570 No.11704570 [Reply] [Original]

Many people here are essentially gambling. You're emotional "investors", not real investors.
Instead of focusing on fundamentals many here seem to focus more on hype.
1. Unless you're getting into something major and established crypto is essentially a form of gambling. Go BTC or don't buy at all.
2. Dividend stocks are very much a good buy for long term passive income assuming the company you're buying in is offering reasonable prices on stocks and has good fundamentals.
3. You should focus more on markets rather than crypto, with the only crypto you focus on being something like BTC since it is essentially the gold of the crypto works.
4. There's nothing wrong with some speculative trading but when it makes up most of your portfolio you're setting yourself up for failure, you won't make it unless you learn to use your funds wisely.
4. Before you buy a stock you should carefully evaluate it's P/E, PB, PEG, it's debts, etc... etc... Half of the fags here will never make it with a "get rich quick" mindset. You should treat investing the same way you treat saving. You should look at it as a 5-10 year commitment at a minimum.

>> No.11704572

Your title sufficed, I agree.
Nice blog though, Didn't read.

>> No.11704575

>>11704572
>tl;dr
Basically, people need to stop gambling and actually engage in some macro economic analysis instead of following what's currently "hot".

>> No.11704576

>>11704570
ok

>> No.11704615
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11704615

>>11704570
>fundamentals
>btc

>> No.11704629

>>11704615
It should only be used as a hedge much like you would use commodities, bonds or ETFs. It shouldn't be a major part of your portfolio but it has a place.

>> No.11705772

>>11704570
yeah i agree btc is just gambling. but with link you are betting on a sure winner so it's more like investing with inside knowledge. you just win

>> No.11705918
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11705918

>>11704629
Enjoy your 7% annual returns grandpa