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/biz/ - Business & Finance

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24144952 No.24144952 [Reply] [Original]

Things poor people say

>don't invest more than you can afford to lose

>> No.24145015
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24145015

>a-ask me how I now you're a poorfag

>> No.24145135

>>24144952
>I invested more than I can afford to lose

>> No.24145157

>>24144952
It's good advice though. I can afford to lose everything. I'm all in baby

>> No.24145171

>>24145157
This. It's unironically good advice.

>> No.24145175

>i dont care if i lose it, its house money!

>> No.24145176

>>24144952
>time in the market beats timing the market

>> No.24145209

>>24145135
I know I did

>> No.24145210
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24145210

>cash out your initial so you're playing with house money

>> No.24145406

>ETHEREUM
>LOW CAP GEM

>> No.24145450

>>24145175
>>24145210
what is house money?

>> No.24145495

>>24145450
> gamble with 100
> win 1
> cash out 100
> play with 1 (not your own but house money)

>> No.24145499

>>24145450
Money from the casino is house money. Say I bet 100 dollars, win and get 110 dollars back, the 10 dollars is "house money."

>> No.24145920

>>24145499
i would still feel bad about losing money that i won. it's not the houses anymore if i won it

>> No.24145953

>>24144952
>I know a guy who made a million dollars off bitcoin. No, I haven't bought any; It's too expensive now.

>> No.24145990

>>24145920

Well that's why you'll never lose as much as we will, or gain as much as we will. No risk no reward

>> No.24146046

>>24145990
true

>> No.24146522

This is unironically good advice. It's insurance if shit hits the fan. Otherwise, the kikes running the exchanges would be happy to put you in a pod and feed you bugs once you get rugpulled

>> No.24146546

>>24144952
>if advice is popular it means its bad

>> No.24146589

>>24144952
>>don't invest more than you can afford to lose

based.

Anything to do with "taking profits" and "diversifying" is classic poorfag cope, also.

>> No.24146729

>>24144952
> I only have 100,000 LINK

>> No.24146900

>>24146589
how is it a meme? Served so many people well..

>> No.24147046

>>24144952
I invest more than I have available to lose. It's just a credit score. Overleveraged to the hilt and I'll either 100x $715k or I'll never be allowed to take another loan for the rest of my life.

>> No.24147284

>>24146900
>how is it a meme? Served so many people well..

meaningless nonsense, that's why. People just say it but it's not a plan, has no numbers involved, means nothing.

Here's another one - people saying "why don't you sell half?" with no information apart from your portfolio size.

>> No.24147336

this is survivor bias; the thread

everyone with similar strategies who were less lucky killed themselves.

>> No.24147359

>>24147284

>has no numbers involved, means nothing

you do understand there's a deeply studied mathematical framwork associated with portfolio theory right?
>no numbers, not quantifiable
wrong

>> No.24147456

it would be great if you could claim haircomb
really good
a good experience for me and for you too