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/biz/ - Business & Finance

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19731586 No.19731586 [Reply] [Original]

Why is everything pumping again?

>> No.19731599

>>19731586
It's over Bobo, you have to get out.

>> No.19731603
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19731603

i think we got trabbed

>> No.19731625 [DELETED] 

>>19731599
I will alright unless it fully retraced today's dump

>> No.19731640

it´s following the stock market. Futures went up a bit.

>> No.19731660
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19731660

>>19731586
>>19731603
It's because you were stupid Bobo..
They are literally printing infinity paper money

>> No.19731737

>>19731586
>thinking the direction of the stock market is governed by human behavior.

Actual investments made by humans are like 5% of market activity. The rest of the trading is done by computer AI that are programmed to create a perpetual bull market. Humanity could be completely wiped off the planet and there would still be servers sitting in a basement somewhere driving the stock market up to record new highs for the rest of eternity.

>> No.19732302

i don't know bo bro
i don't know

>> No.19732344
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19732344

Where are my promised $3k Bitcorns?

>> No.19732352

>>19731586
Stocks only go up

>> No.19732408

>>19732352
i fucking hate this fucking fake shit

>> No.19732412

>>19732344
You were stupid and you listened to even stupider people..

>> No.19732420

>>19732408
Tell me about it

>> No.19732618
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19732618

>>19731586
Because where the fuck else are you putting your money? You buying up bonds in your robinhood account? You getting some sweet returns on a CD in your bank? You scooping up all that discount real estate? You investing back into yourself by going to a university, because we all know how great that ROI is in this environment? You starting up a business because there are just so many opportunities and access to credit so you can start clothing/apparel brand #80 quadrillion or maybe a food truck? Sitting in some sweet cash while the Fed has committed to basically printing infinite amounts of money? Precious metals? Crypto? Where do you think you are?

>> No.19732697

>>19732344
Don't worry, it'll be 1k any day now.

>> No.19732768

BTC will crab between 9k and 10k forever

>> No.19732796
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19732796

>>19732344
in december 2018 and march 2020 it happened

you DID buy both times right?

>> No.19732822
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19732822

>>19732618
I just sold my metals and my crypto hoping for the big dump to come. I don't feel comfortable atm. in anything other than Swiss Francs!

Btw. don't invest in this shit paper money, it will go down with all the rest. It's basically locked to the Euro, which is locked to the USD. But it's my native currency and it's where I store my cash...

>> No.19732834

>>19731660
they actually just add a few zeros to the end of digital bank ledgers with "money printing".

>> No.19732842
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19732842

>>19731586
this scam is literally running on infinite funds
it cannot fail

>> No.19732896

>>19731586
pump et

>> No.19732920

>>19732796
Bobos keep waiting for lower prices missing the bottom every time.

>Oh BTC crashed from 10k to 3k within a week.
>better wait for 1k

>> No.19732937
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19732937

>>19731586
>>19731660
how do they infinite money frens

>> No.19732940

>>19731586
BEARS ON SUICIDE WATCH

>> No.19732997

>>19732796
exchanges literally dont let you

>> No.19733032

>>19731586
The power of tether machine

>> No.19733057

>>19732344
check your butt

>> No.19733145

>>19731586
Ammmm bc it's literally rigged... fact

>> No.19733154

>>19731586
the united state government can literally print as much money as you want and buy whatever they want at any time

>> No.19733166

Imagine actually betting against based Jerome and the permapump

>> No.19733207

>>19731586
Because only a cuck would bet against the God Emperor.

>> No.19733218

>>19731586
Patience, its still coming

>> No.19733229

>>19733218
please be right

>> No.19733282

>>19733218
sorry, you had two opportunities to hoard bitcoins at 3k

>> No.19733283

>>19732822
>sold all his precious metals for worthless paper
god damn son this has to be the dumbest fucking post i've seen in the history of all of 4flan

>> No.19733294

>>19731586
I don’t know why either. Nothing makes sense. I’m too stupid to understand how to profit off this insanity

>> No.19733337
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19733337

>>19732618
>Precious metals?
Yes.

>> No.19733420

>>19731603
buy more and hibernate

>> No.19733535

>>19732822
I've been selling all day today after loading up in the morning. That's just how you do this stuff. The vast majority of people have a fundamental misunderstanding of how you optimally should interact with markets and really any data sets that behave like markets for that matter. They also have enormously flawed beliefs about their capabilities when interacting with the market. All these people are trying to figure out how to control the weather or control the tides, when their problem is they should learn first how to build a better ship and then learn how to sail around the weather and around the tides. It's so upside down it's ridiculous.

>> No.19734177
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19734177

>>19731586

Time for some bobo meat.

Medium or raw?

Kek

>> No.19734502

>>19732822
You must be the worlds dumbest Swiss. I thought they taught you guys that paper fiat was just for fleecing non mountain-chosen? You people are supposed to hoard gold, and you traded it back for paper? Why, so you could get into clown market with it?

>> No.19734770
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19734770

Go down

>> No.19734809
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19734809

>> No.19734845

i lost $14k

>> No.19734871

>>19733283
>>19734502
Guys I appreciate the idea, but I bought gold and silver after the last dip. Because I still felt there is more to come and I didn't want to get burned in stonks. The plan basically was and still is to potentially buy the dip, once the Dow is at a realistic price around 10k. Problem is that we will have several major pumps and dumps down that road. And everything will go down as well, even metals and crypto. So I want to be in cash to buy stuff when this happens. Then sell again after the bear traps. I don't know how to perfectly time the market, but reaching an all time high during a complete corona fuckup economy is more or less a good sign that something will be happening soon.

>> No.19734873

bobos are fucking retarded, have fun departing from your money idiots, Fed is buying everything brrrrrrrrrrrrrrrrrrrrrrrrrr

>> No.19734996

>>19734871

It's not guaranteed that gold and gold stocks will plummet on the next leg down. (https://goldsilver.com/blog/how-would-gold-perform-in-a-second-stock-market-crash/.).) If you believe that gold and silver are manipulated, there might also be a default on the exchanges at any time, which would cause the price to explode immediately. So be careful. You don't want to be completely in cash, only partly so.

>> No.19734998
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19734998

>>19734845

>Second wave will hit hard

T.Masks protect you up to 90% of getting cojizz

>> No.19735103

>>19732352
>stonks only go up
Then how to make monies?

>> No.19735142
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19735142

>>19734770
You deserve this retard

>> No.19735173

>>19731737
based and My Work Is Not Yet Done pilled

>> No.19735207
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19735207

>>19731586
Wait until you fucks see how high BTC is at Christmas time.

>> No.19735232

>>19734996
I get your point but they have plummeted everytime since I can remember, so I'm pretty comfortable taking that bet. The idiots are clearly highly over leveraged again and will have to margin call out of their hedges (at a loss ofc). Especially this time, there are so much fresh blood around, this people are in full greed mode atm. they will get hammered hard. It's basically as easy as stealing a lolli from a baby.

>> No.19735249

>>19731586
Because you touch yourself at night

>> No.19735250

Why are chink stocks mooning

>> No.19735435
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19735435

>>19735232

Picture related is what happened on the second leg down of the 2008 crash. That was where gold was weakest on the second leg down, but even there it rose a little. I also think, as I say, that the risk of a paper-market collapse is very serious. Go to Arcadia Economics and see how many people in the PM space are predicting it imminently. If I were sitting all in cash right now, I'd be very nervous, because, any day now, according to Peter Schiff, we might see a situation opposite to that which we saw with respect to negative oil prices in the oil futures market.

>> No.19735616

>>19731640
This is kinda silly, people are pushing the btc stock correlation lately and confirm it because of the covid crash. Thing is, virtually every asset crashed during that liquidity crisis including precious metals. I really dont think its correlated with stocks to the degree that everyone is making it out to be. Seems like bobo hopium to me.

>> No.19735698

>>19735616

BTC crashed much worse than stocks did. Fared even worse than silver. Went down over 50%. Gold went down about 10%, and then bounced back within days. If you were holding gold, you could have sold it, bought BTC at the bottom, and tripled your money on the way up.

>> No.19735912

>>19735435
fair enough but I'll take my changes. Fiat will fail eventually, but it will take longer than people expect. We are still in super deflation territory as long as corona is going on.

>> No.19735974

>>19735616
just check the chart
bitcoin follows spx like a dog