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/biz/ - Business & Finance

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17801394 No.17801394 [Reply] [Original]

Just took out a 15k loan to invest in airline stocks and crypto
This is my Hail Mary pass to escape wageslavery
Wish me luck kings

>> No.17801421

dumbass

>> No.17801451

>>17801394
Just go all in LINK, skip airlines.

>> No.17801477

>>17801394
>invests in airline stocks
>US bans EU travel
>More bans will come
>invests in "crypto" but doesn't say which one(s) (if its more than one and it isnt XRP, kek

Anon I...

>> No.17801503

>>17801394
That was kind of dumb. Even when the virus ends up being a nothingburger, people are still not going to want to travel for a while.

>> No.17801507

>>17801477
Airline travel isn't going anywhere and will rebound for sure after this meme virus scare is over
As for crypto I'm splitting it equally between LINK, ETH, and BTC

>> No.17801522

>>17801503
Most airline travel is for business and that will pick up very soon

>> No.17801636

>>17801507
You clearly don't understand how long this virus scare is going to last and how fragile airline companies are. Some of them might go bankrupt from this "minor disruption" and many others won't recover for years.

At least if you bought bitcoin after last week's dip, if you hold it until the halvening you should make your money back if you put enough money in. Somehow I doubt you put 8k into BTC though. Enjoy your debt and watch Kaiji.

>> No.17801693
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17801693

>>17801394
why not short airline stocks and crypto instead????????

>> No.17801735

>>17801693
Because he is an idiot that just fucked himself.

>> No.17801736

>>17801394
You never know when the basement is reached. Best case they re finding a cure tomorrow and all would be sunshine. Worst case the next 6 month are breaking down deeper an deeper.

>> No.17801738

>>17801522
Except businesses are switching to remote working/online meetings like crazy right now. After the dust settles they're not going back to less effective and more expensive solutions.
+All airlines are operating on thin margins. This could seriously cripple them permanently or straight put them belly up.

>> No.17801794

>>17801736
>finding a cure tomorrow
First of all, LMAO no. Second, coronavirii are basically common cold viruses. They mutate rapidly to avoid the immune system without changing actual virus function. And people have been trying to "cure" or vaccinate for the common cold forever. The odds of suddenly getting a cure are basically zero, and even if they did, the virus by this point likely has hundreds to billions of different immunologically distinct variants circulating by this point.

Actually I just realized this is going to last through the election and beyond, and it may have just fucked Trump. He's fucking lucky his opponent is someone, AGAIN, even worse than he is. He might still pull it out of the bag.

>> No.17802064

airlines will never recover from this.

>> No.17802197

>>17801394
>invest in airline stocks
unironically the dumbest move you can make right now
airlines are getting hammered with complaints right now because of the travel ban and cancelled flights
Im 2k out of pocket because I got cockblocked by trump myself
the airline in question literally just turned off their support hotlines
I wouldnt be surprised if abunch of airlines go bankrupt over this shit

>> No.17802358

>>17801394
>took a loan
>threw the money into Official Gambling (aka "investment")

Sounds like you don't know this was exactly what started the 1929 crisis.

Thank me later.

inb4 "AAAAAAAAAAAAAAAAAAAAAA"

>> No.17802540

>>17801738
You grossly misunderstand how valuable face to face is.

>> No.17802576

>>17802358
Could you fucking imagine?

>> No.17802661

>>17802540
True, emails, telephone, and online interactions are almost worthless in the face of actually meeting someone. There is truly no replacement for meeting a client, shaking their hand, and sealing the deal.

>> No.17802712

>>17801394

I am just going to say this right now: If you don't pull out before it's too late, your life will be over before it even began.

>> No.17803339

>>17802064
Do you actually think people will stop using air travel?

>> No.17803380

>>17801477
>Investing in XRP

That shit is going to $.01 since Dave and Brad have to "Derisk" in such volatile times.

>> No.17803412

>>17802661
Yes. That's precisely why phones and later internet failed to get any traction.

>> No.17803418

>>17801394
I hope you know how to Hodl

>> No.17803515

>>17801477
of course a crippler wouldn't know how to greentext

>> No.17803558

>>17801394
xtz ogn wrx bnb to make it

>> No.17803563

>>17801394
>Just took out a 15k loan to invest in stocks
this is a meme, right? nobody actually does this.

>> No.17803631

>>17801394
You're either retarded or a genius depending on how the market acts on Monday, for now you're retarded.

>> No.17803634

>>17803563
I have a younger cousin who took out massive loans to buy crypto...he filed for bankruptcy.

>> No.17803696

>>17801394
Actually based good luck but average in it could go lower.

>> No.17803839

>>17801394
Go all in on spy 400 calls on the last leg down easy money