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/biz/ - Business & Finance

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8104887 No.8104887 [Reply] [Original]

you know traditional stocks still have a lot potential to moon, and they're a lot more reliable

why isn't /biz/ more into stocks?

>> No.8104906

>>8104887
Actually according to returns of last year crypto provided better returns.

>> No.8104928
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8104928

>>8104887
>40% on a good year

>> No.8104969

>>8104887
I hate stocks because they're stuck in the 20th century
Why the fuck would the market be closed on weekends? How are these rich bankers not able to run a 24/7 exchange?

>> No.8104977

>>8104906
>>8104928
of course, 2017 was fantastic for crypto, but do you think it's a good idea to throw all your excess income into crypto?

>> No.8105324

>>8104977
Yeah. Even a shitty crypto year is much better than a good stock year.
Fuck off boomer.

>> No.8105484

On that note when will we have a crypto index fund?

I think cryptocurrency as a whole has alot of room to grow but individual coins are pretty risky.

>> No.8105517

>>8105324
i turned 18 today lol

>> No.8106067

>>8104887

no fucking returns, seriously

Let's say I put 340 into Lockheed Martin and get 1 share. In a year I might have a whopping 100 more dollars. I MIGHT.

Fuck Boomer bullshit

>> No.8106106

>>8106067
so you're advertising to go 100% crypto?

>> No.8106114

Don't bother with the cryptards. come to /smg/ Monday to Friday when US markets are open.

>> No.8106129

>>8106106
yes

>> No.8106136

>>8104887
>3.67% gain
>moon

>> No.8106168
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8106168

Not enough gains for those with low capital. I ain't got time to wait around for 20 years to make a decent return.

>> No.8106174

I cant evade taxes with stocks.

>> No.8106180

You're wasting your time if you have less than $5000 in stocks. Now if you have hundreds of thousands, then you can make great gains.

>> No.8106194

What people here don't realise is that crypto is just a penny stock market on steroids. It's the same as penny stocks except the whole space has more people watching it which makes the moons even higher.

You can still get good returns in stocks but you have to look for penny stocks like shitty biotech stocks. If you knew where to put your money in the last month you could've 3-5x'ed your money or more. Meanwhile crypto dropped 60%.

There's no point leaving one out. This is about making money, it's not about being loyal to one asset or not.

There's more to stocks than just putting your cash into a blue chip or index fund that will give you 10% a year.

>> No.8106279
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8106279

>>8104887
No thanks, gramps

>> No.8106775
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8106775

>stocks