/biz/ - Business & Finance

[Anonymous No.30372653]

>get a loan from bank
>gamble it on day trading
>pay it off if i hit it big
>kill myself if i lose
Why don't more people do this?

[Anonymous No.30372832]

>>30372653
Because nine out of ten people who try to trade lose money. So you're playing russian roulette with a 9-round revolver, and you've put bullets in 8 of them.

[Anonymous No.30372835]

>>30372653
People do it all the time. You just hear about it because they're all dead.

[Anonymous No.30372875]

>>30372835
>You just hear
dont hear*

[Anonymous No.30372877]

>>30372835
non-survivorship bias?

[Anonymous No.30372882]

What could possibly go wrong?

[Anonymous No.30372944]

>>30372653
Unironically zro flaws

[Anonymous No.30372968]

>>30372832
Wait what
>nine out of ten
>9-round revolver, and you've put bullets in 8 of them

This is the real reason /biz/ never makes it

[Anonymous No.30373033]

>>30372968
Turns out I'm retarded

[Anonymous No.30373065]

You could take a loan out and put in into Blockfi as USDC to earn 8.6% APY. If your loan is less than 8.6% interest, you are getting free money.

[Anonymous No.30373116]

>>30372653
Because there is a 9/10 chance you lose and then have to kill yourself. You might as well play Russian roulette which only has a 1/6 chance of you dying. Much better odds.

[Anonymous No.30373645]

>>30372653
Considering 90% of wall street investors get it wrong, imagine regular people? they get absolute rekt, that's why anon. im an autistic statistician with a chart fetish, and i make it just ok nothing crazy

[Anonymous No.30374084]

>>30372653
Bro, it's just going to get inflated into oblivion anyways. Just hold the loan for 10 years, and you'll be able to pay it off for basically nothing

[Anonymous No.30374335]

>>30372653
>kill myself if i lose
you mean take out another bigger loan?