/biz/ - Business & Finance

[Anonymous No.18463121]

It truly boggles the mind that people are willing to throw thousands of dollars on financial instruments they know nothing about. SQQQ has contango and will go to 0 long term alongside TVIX, puts are insurance contracts that can expire worthless. Why are people this retarded?

[Anonymous No.18463180]

The only thing i have left to lose is my nerve, Mr. Dicaprio

[Anonymous No.18463318]

>>18463121

its a nice sink for dumb money

[Anonymous No.18463356]

>>18463121
gloat while you can.
bobo rising.

[Anonymous No.18463512]

>>18463356
It doesn’t mean you’ll make money, these are not buy and hold instruments. So even if you are correct on a short, if you miss time entry or do not close positions you will lose. Most have, and will continue to do so (even if their long term trend prediction is right).

[Anonymous No.18463556]

>>18463121
Why contango when it looks like we are entering a really bad recession?

[Anonymous No.18463684]

>>18463356
This. Only shills seething are the kike bulls

[Anonymous No.18463801]

When you throw away the notion that this is just a wet fart of an apocalypse event and the government put out a 2 trillion dollar panic bailout just to play all the rubes on the market, you can see where this is going.
16 million people no longer working and being paid to do it is really not a good look. Not only that, this may be the catalyst for a massive switch-up in global economics.
You can't really put faith in a foreign nation that doesn't like you or your ideologies to supply your country with the things that make it function, anymore.

My hands are sweaty and my bags are heavy but if this is THE crash, this could be really fuckin something.

How I see it, this will either be the best investment of my entire life, or the most foolish investment for as long as I live.

[Anonymous No.18463913]

>>18463801
Anon you forgot when trump starts indicting members of Obama administration that is going to make a lot of panic and fear / uncertainty in market.
-pic related- that’s a man . The one of many transgenders in this attempted coupe of the UNITED STATES FEDERAL GOVERNMENT

[Anonymous No.18463953]

>>18463556

each bailout makes the short that you out in worth less

[Anonymous No.18464015]

>>18463913
Trump already treats the US government like its The fucking Apprentice so im sure its just par for the course at this point.

[Anonymous No.18464022]

>>18463121
that's a man

[Anonymous No.18464080]

>>18463512
> Why would young group of people, probably 80% under 35 and male, have such a high tolerance for risk in search of reward!?
It's truly baffling.

[Anonymous No.18464168]

>>18464080
I used to believe that high-risk/high-reward was the best option. Then I found Bitcoin. Truly perplexing that people have rotated out of it when it’s probably the best time to buy. I’m just an old fag what do I know?

[Anonymous No.18464192]

>>18463356
That’s just your corpse floating to the surface

[Anonymous No.18464195]

>>18463121
YEA BRO UR TOTES WOLF OF WALL STREET MAN EVERYONE ELSE IS RETARDED
IM NOT FUCKING SELLING, RITE LOL RLY UPVOTED

[Anonymous No.18464205]

>>18463121
Most people who gamble don’t understand the odds. Contango instruments really are fucking hilarious though... so many people who long these not understanding the natural state is downwards trajectory.

[Anonymous No.18464209]

>>18464080
The best way to short a monetary system is by exiting the monetary system. In case that wasn’t clear. If you short SPY or buy SQQQ you are still longing the US dollar and all associated fiat currencies.

[Anonymous No.18464238]

>>18464205
I also imagine a system where it’s legal to buy such instruments, legal where you can gamble away your dollars at MGMs casinos. But exit the monetary system through a trustless peer-to-peer platform? That’s forbidden

[Anonymous No.18464258]

>>18464209
That's nice. Personally I think there's still plenty of time to gamble some options in attempts to raise more fiat to buy more crypto. Also I don't know where the assumption comes from that anyone wants to exit the USD besides a couple of spergs, the entire world dumped their money into the dollar recently, showing that once shit hits the fan the shit talking ends and people see security in the US.

[Anonymous No.18464277]

The government isnt going to do some limp-dick move like forgive all debts or retreat into a new currency, right?

I wouldnt lend my lawnmower to America, at this point

[Anonymous No.18464390]

>>18464015
>Trump already treats the US government like its The fucking Apprentice

you're right anon, I prefer my government to be ran like a fraternity of the progressive radical racist club!

[Anonymous No.18464668]

>>18464390
Leave loser.. go display your blue pilled stupidity somewhere else

[Anonymous No.18464719]

These people brag about paying 100% premium on meme silver

[Anonymous No.18464756]

>>18464192
How can bobos recover from this level of banter?

[Anonymous No.18464831]

>>18463121
I smell a bagholder.

[Anonymous No.18464910]

>>18464831
He who smelt it delt it

[Anonymous No.18465289]

It's 2020 and a few rubes still don't understand time decay on short ETFs. This has been written about since the last crisis 2007.
I know some of you are being contrarian and know this and are just playing dumb. Inverse ETFs are worthless for more than a couple days.

Unfortunately the whole game is rigged. If you want to short, you can't short because there are no shares to borrow from your broker.
That means the best way and most liquid to play going down is ironically options. But they're also the most risky out of the three, especially for noobs. Like I said, the game is rigged.