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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18163511 No.18163511 [Reply] [Original]

>> No.18163519

>>18163511
why is this board full of reatrds who post the same shit in every thread then start new threads with the same shit?

>> No.18163524

Buy on hype sell on news. Pretty common advice

>> No.18163545

>>18163511
This is true, but it takes balls and some narratives are doodoo.

>> No.18163544

>>18163511
yeah, that's why you don't listen to /biz/ and try to act contrarian to /biz/, who are themselves contrarians to the mainstream.

/biz/ is mostly zoomer retards reacting to a narrative that's spoonfed to them

you are meta-contrarian in a way, and to the untrained eye you will seem as if you are a "sheep" to one of the /biz/ people who has consumed the contrarian narrative sold to them.

>> No.18163725

>>18163544

It is a constant challenge, trying to stay ahead of the crypto herd.

>> No.18164504

>>18163544
It confuses me sometimes when trying to figure out if a biz poster believes what he says or is a story teller selling an idea to be consumed. Obviously there's a way to tell a story and believe it, which is what I try to do, but I also make up shit when I'm trying to fuck with someone here.

I didn't realize how similar the real markets are to crypto, but that stimulus package.. a bunch of anons including myself were betting on a Boeing bailout. And if you bought at $90, you doubled your money within the week when the stim package was announced. The economy is like a giant shitcoin during this volatility, and the vetting of ideas here is amazing. Normally the good ones catch a following

>> No.18164523

>>18163511

There will be a fuckhuge fiat contraction first, then rockets when the corona crisis is over

>> No.18164559
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18164559

how does one 'anticipate a narrative'?

>> No.18164572

>>18164559
It's either fundamentals or keeping an eye on the shills. In crypto it's 99% bagholders spam. For example a huge marketing campaign for an ICO and then stealing all the investor money is an example of the narrative shifting.

>> No.18164591

>>18164559
Now i know why Mutts love turkey so much