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/biz/ - Business & Finance

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24947636 No.24947636 [Reply] [Original]

>one stock has 10x more volume than all of blypto blurrency combined
Imagine wasting your time with illiquid crypto markets.

>> No.24947658

>>24947636
>Illiquid
Why would I fucking care if crypto was illiquid if it makes me money?

>> No.24947661

>>24947636
when will musk make his own crypto?

>> No.24947667

>>24947636
the valuation is insane but who knows how high it will go
retail money won't stop pumping it

>> No.24947694

>>24947667
This. Forget everything you know about finance technical analysis and shit. The only thing you need to know is that retail money is dumb money and will eventually pull out

>> No.24947695

>>24947661
If he does you know damn well I'm dumping 75% of everything I have into it as fast as possible because it's going to be ruthlessly pumped like GRT was from sheer publicity.

>> No.24947721

>>24947695
I don't know, is he really that popular? Especially after his "racism" toward Jews on Twitter.

>> No.24947749
File: 88 KB, 1024x597, dogecoin-nedir-nasil-uretilir-ve-kullanilir-ne-ise-yarar-1024x597.jpg [View same] [iqdb] [saucenao] [google]
24947749

>>24947661
He unironically backs Dogecoin. Man is based as a turkey breast.

>> No.24947783

>>24947721
He's a millionaire that seemingly everyone on the internet knows the name of. It would probably upwards of double the amount of people in crypto in the span of a month if he announced he was doing it. If anything it would publicize crypto at the least and create something of an influx.

>> No.24948565

>>24947636
Very bullish for crypto isn't it? We are so early.

>> No.24948747

>>24947783
>He's a millionaire
>millionaire
well...technically correct

>> No.24948779

>>24947749
because hes the only man that understands
money.. ALL money all types of value even life
is a meme
memes are the future

>> No.24948863

what exactly warrants the price valuation? they are not making profit unless they can corner the electric car market and the thing is no one is buying cars right now

>> No.24948873

> I need billions in liquidity in order to get my $35 stack in

>> No.24948892

>>24947636
that because the only people who have been in crpto so far are common poor plebs.... the billionaires and businesses, the REAL players are ONLY JUST coming into crypto now....

>> No.24948911

>>24948892
poo in the loo

>> No.24948915

>>24947661
its ETH, fuckers are going to run the city of Spark on it in nevada.

>> No.24948935

>>24948863
Space X

>> No.24948981

>>24947667
>>24947694
It's not just regular retail money. It's left leaning idealist dumb money that thinks elon will save the world from climate change and take us to space.

>> No.24949042

>>24948981
Well...he will

>> No.24949065

>>24947721
He's literally insanely popular. He's probably the only billionaire who has a horde of people who will defend him to the death over anything. If he made a crypto I would Immediately buy, it would be a top 100 market cap coin for sure, probably top 50

>> No.24949087

>>24947636
HOLY FUCK that volume! what the fuck happened. blow off top is here

>> No.24949098

>>24947661
power token. and doge.

>> No.24949105

>>24948935
spacex is a private company and has nothing to do with tsla

>> No.24949142
File: 29 KB, 337x404, 1606141095510.jpg [View same] [iqdb] [saucenao] [google]
24949142

>>24947658
If there's no one willing to buy you can't sell, there's a tranny in /smg/ who has a fuckton of CLF calls worth hundreds of thousands of dollars but he can't sell them because there's no demand for it so he spams his fucking shit all day to get idiots to fomo into it in hopes he can pay for his dick removal surgery.

In crypto if your currency is worth a million dollars but there's no one willing to buy it, you're holding dogshit.

>> No.24949157

>>24948981
>>24949042
There are also rightwingers who want him to make Apartheid Mars for white people.

>> No.24949197

>>24947636
It's simply too late to buy in now, it's at 0.36

>> No.24949384

>>24949157
I think everybody would be happy if all white people left for mars

>> No.24949479

>>24949384
Well, the Asians would be happy because competition for earth would be gone and whites would be happy to not have to live around niggers. I'm not sure how niggers would cope being enslaved by china, or the poo-chink war that would occur, or the breakdown of international trade due to a lack of retarded white people to sell cheap goods to.

>> No.24949546

>>24949479
You're way overthinking this hypothetical scenario. My point was nobody likes white people.

>> No.24949622

>>24949546
Yes the people whose existence is only possible because of the green and vaccine revolutions created by white people are immensely insecure because the more intelligent ones realize the bulk of their own race on average fall below white standards and thus they a re cursed to live as a high IQ brown person among low IQ brown retards, instead of a high IQ white person in a society of high IQ white people. Asians do not have this tendency of course and Asian men/women seek out whites to breed with them, as do hispanics. Actually now that I think of it, the only ones who truly hate whites are jews and niggers. Big think on that one.

>> No.24949643

>>24949384
Including white people. We have made something out of nothing before. You can have the earth as long as you don't come after us.

>> No.24949704

>>24949643
True, I'm white. I'd rather stay behind tho, yall can go.

>> No.24949891

>>24949704
>yall
Yeah you can stay.
Actually you're not welcome.

>> No.24950026

>>24949704
You're a fucking cucked naive faggot is what you are.

>> No.24950043

>>24949142
Don't invest in cryptos like that then kek

>> No.24950068

>>24947636
Imagine buying Tesla right now hehe.

>> No.24950180
File: 134 KB, 1920x976, TSLA 1 minute chart 9 SMA with lower lows arrowed.png [View same] [iqdb] [saucenao] [google]
24950180

>>24950068
there is insane volatility you can easily daytrade this shit for $60 a share on days like this by watching the daily pivots. I would never hold it but the volatility is just fucking insane, never seen $50 1 min candles like this

>> No.24950226

>>24950180
>>24950068
TSLA is great because of the past 6 trading days, in 5 of them you could buy at the end of the day and then sell the next day in the morning. That one red day would suck ass though, lel, but if you just hodl you'd be back up. Safe 5/6 times. Maybe 6/6 if you manage to buy at the right spot where you get your money back before opening when lower volume pumps it up and then buy low.

>> No.24950304

>>24950226
its fucking amazing, its such a unicorn. Its a day/swing/option/hodler traders dream. Pretty much everyone is making money on it

>> No.24950332

>>24950180
exactly why a lot of vol traders like these stocks. highly volatile, highly liquid so there's always action. They don't focus on direction, just trade the vol. More people are realizing that there's definitely something causing these intraday swings (gamma)

>> No.24950376

>>24948915
>run the city of spark nv on ETH
please explain

>> No.24950429

>>24950304
>pretty much everyone

There's always that caveat when everyone thinks it's great, it only takes one asshole with a lot of shares to decide to short it all and it all goes to shit.

>> No.24950470

>>24950180
Maybe as a swing trade but the normies that are now buying Tesla will never get their money back.

>> No.24950475

>>24950429
very true. I wont hold this one.