Is /biz/ the most pathetic group of “investors” to ever exist?

[Anonymous No.8995697]

I was just thinking, in all of human history, has there ever been a sadder group of investors than us? Just take a look at the state of this board. I know some retards are going to come in and tell everyone what geniuses they are, but we all know that’s horseshit.

What would someone who does this as a career think of /biz/? The place is filled with cartoons and extremely hot girls, the discussion about what the best investment is turns into mindless shitflinging one post into every thread. I’ve been browsing this board for months and I can’t tell you if I’ve ever seen a quality, thoughtful, meaningful thread. Most people have no clue what they’re talking about yet talk as if they do.

What the hell is with us?

[Anonymous No.8995816]

[Anonymous No.8995842]

>>8995697
don't rub your abysmally low self esteem on me
i view us as desperate poorfags, not necessarily pathetic
pathetic to me is giving up on wealth due to adversity. it would be easy to whine about the 1% instead, but here we are, trying at least

[Anonymous No.8995847]

[Anonymous No.8995851]

>>8995697
Show me a better place to discuss my shrimp farming startup, I'll wait.

[Anonymous No.8995897]

>>8995842
the wage cuck's desire to escape wage cuck slavery is basically driving this bubble. the bottom line though is that if you want to get rich off crypto, you basically need to dump your bags onto a greater fool. You need to cuckold someone else in order to make it. This is a zero-sum game. And the exchanges are getting fees too.

Eventually someone is going to be left hodling the bag. And it's not "institutional money" that is going to be left holding the bag! LMFAO. Rich people are usually smart. And (((whales))) have a built-in advantage in this game. Because the order thins are thin, trade volume is low. It doesn't take much to pump or dump on even Bitfinex, the exchange with the highest trade volume usually.

[Anonymous No.8995905]

>>8995697
>Most people have no clue what they’re talking about yet talk as if they do.

Welcome to the internet OP.

[Anonymous No.8995923]

>>8995697
From what I've seen so far its mostly anons shilling cryptos and posting pink wojacks when they fuck up hard on a investment.

[Anonymous No.8995934]

>>8995697
No... Boomers bought Pet Rocks

[Anonymous No.8995935]

In the past? No. But in the future there definitely will.

Past investment communities were crushed by the freemarket were felled apart and destroyed but a chan board is relatively free to use so even if all of biz sudokued, ideological successors would take your place.

[Anonymous No.8995940]

>>8995897

Right, get your money into the stock market where you can get in on ground level.

[Anonymous No.8995942]

>>8995842
this is too true, if this bubble bursts tomorrow at least we tried frens

[Anonymous No.8995968]

>>8995697
People invested in tulips and beanie babies before us.

[Anonymous No.8995995]

>>8995934
They spent their entire savings to buy pet rocks? Retard twink millenials need to die. Useless generation. If all of you kys the economy would go up just like that.

[Anonymous No.8996007]

>>8995816
>screencapping obvious bait

[Anonymous No.8996025]

yeah and what magically valuable content have you contributed OP?

[Anonymous No.8996036]

>>8995995
>Mfw boomers are retiring and are no longer productive for the economy
>Mfw when my tax is paying for their pension because they were retarded and didn't save
>Mfw there won't be enough money to pay for my pension

[Anonymous No.8996072]

>>8995995
9/10 boomerpost but saying stuff like kys and twink is too hip

[Anonymous No.8996132]

>>8995934
To be fair every generation is stupid. Just look at fidget spinners, tide pods, etc.

[Anonymous No.8996162]

>>8995842
>>8995942
>at least we tried
>at least we tried
>at least we tried
This 'try' culture is fucking poison.
Effort may have you gotten a participation trophy in government-funded school but that means shit because effort alone is not rewarded in the market. The market is a fair and impartial goddess that only rewards results. Through noble or ignoble means, good and evil are both judged by results. And results are rewarded by profit.

It doesnt matter how hard you worked, how much you sacrificed, or how smart your strategy is, if you have no profits than everything you did was trash.

[Anonymous No.8996233]

>>8996162
trying and failing (and learning lessons) is how you eventually become successful. I'm not saying failing should be celebrated like winning, but to say it was a waste is short sighted. You and I would not get along IRL to say the least.

[Anonymous No.8996336]

>>8995697
Fuck off shill i already caught you the other day

[Anonymous No.8996459]

>>8996233
Learning from losing is the biggest blue pill to ever stain the soul. Little victories accumulate and build the groundwork for larger and larger victories. Statistically, a person who competes often will never have a 100% win rate. Foundational basics are periodically revised to strengthen core knowledge that allows the investor to remain rational and in sync with the flow of the market so that no matter how complicated the micro details, macro foundations remain an anchoring point of sanity. It's possible to win a big victory all at once but highly unlikely. Accumulate little victories whose combined successes are exponential, in which a victory in one field interacts with another field without your conscious knowledge and in this way increases all stats across the board. Continuous losses build up a devastating effect that finally explodes in a final lost of death or more likely, worse than death. All lost causes pain. Pain itself is a conscious micro-organism that grows in size with every subsequent lost until it gains enough power to inflict the ultimate loss.

[Anonymous No.8996932]

>>8995816
welcome to /biz/

[Anonymous No.8997194]

>>8995897
>bag! LMFAO

[Anonymous No.8997203]

>>8996162
>>8996459
You are a colossal fucking faggot who needs to spend some time outside

>muh participation trophies and muh red and blue pills

fucking buy a brain

[Anonymous No.8997546]

>>8995897
That was the smartest post on biz in ages.

[Anonymous No.8997599]

>>8995697
I saw this exact post, 3 years ago.
I am very glad I stayed on /biz/

[Anonymous No.8997764]

Only way we can all make it, is to fully adopt crypto and never use fiat again. We need to build businesses where we only transact with crypto, and provide the basic necessities like food, housing, etc. for crypto. We need to have careers in crypto companies, buy everything from crypto companies, and have a whole crypto economy. Never cash out, ultimate goal should be 0% in fiat, 100% crypto, and fiat should be forgotten in the dust-bin of history. If we all take this mindset and work towards it, then we all can make it. If it's about getting "fiat-rich" quick, then neither crypto nor "biz/raelis" have no future.

[Anonymous No.8997801]

>>8997546
Thanks. /biz/ refuses to recognize the reality of what they are facing. Millennials are tired of getting cuckolded by their (((employer))), by their (((landlord))), by the (((real estate market))), by the (((IRS))), etc. Crypto is basically their last hope to "make it". In their minds, BTC has to go to the moon. It is their only chance.

I've been trading crypto for 2 years. I trade FULL-TIME. I'm a NEET hikikomori who day trades for my income. And as much as I hate to admit it, I can't ignore the writing on the wall. The party is gonna come to a stop. And those of us who aren't rich by now are gonna have to go get a job and serve our Jewish masters.

The game of life is rigged against those of us who are born into wagecuck slavery. My dad was a blue-collar wage cuck until his 60s. My mom was a pink-collar wage cuck until her health started failing her. My siblings are wage cucks. This is my fate and I'm trying to go against my fate. Escaping wage cuck slavery requires luck and risk taking. You had to have invested enough into crypto at the right time. You had to have invested enough into marijuana stocks at the right time. You have to win the start-up lottery. The vast majority of start-ups fail. Most slaves are destined to remain slaves.

So as long as the banks are not on board with crypto, crypto is DOA. It's funny how crypto is supposed to disrupt the banks. Yet how do you buy crypto? By wiring money to an exchange. ROFL. How do you sell crypto? By receiving a wire from an exchange. The banks are rejecting wires to and from exchanges more than ever now. With the trade volumes being larger than they have ever been before in history the last few months, the deposits and withdrawals have grown in tandem as well. Making crypto transaction activity stand out like a sore thumb to banks.

[Anonymous No.8997853]

>>8995697
Career investors fuck up a lot too, they aren't as special as you think. It can be the case that under some circumstances they won't search for the best returns but the returns that won't get them immediately fired We sometimes try things thinking first of all about public humiliation. A person needs titanium balls to do the stupid thing that turns into the right one in hindsight, it takes balls to be insolent and arrogant. The crowd arrives late and the crowd is often surprisingly wise. We try to do things in ways that will make us feel good that will make us feel prepared for the danger even if we're in the same amount of danger or more because if we worked in other ways we probably would have stopped existing already. It's sensible to be scared of drowning but nothing has ever happened by shouting at the sea.

[Anonymous No.8998527]

>>8995697
What are you comparing it to though?

Compared to institutional investors and stay at home daytraders, yes /biz/ is pathetic by every metric. Net worth, IQ, income, portfolio size, whatever.

Compared to shitholes like reddit /biz/ is probably way better by all those same measures. we've just got to keep the board culture toxic enough so those normie retards stay away.

[Anonymous No.8998553]

>>8996162
In this case, "At least we tried" is referring to going balls deep on the crypto market in an attempt to drag ourselves out of sorry wagecuck life.

I rate our chances desu lads

[Anonymous No.8998559]

>>8997764
You're going to be paying taxes in crypto too?