/biz/ - Business & Finance

[Anonymous No.20283655]

I literally just came out of the sauna and made $5k while chilling outside my 5* wellness resort for half an hour.
Any more chads here that retired off crypto?

[Anonymous No.20283686]

pic related is how i spent the last 30 minutes

[Anonymous No.20283755]

>>20283655
Nice view, Europe?

[Anonymous No.20283776]

>>20283755
yes it's germany

[Anonymous No.20283855]

You went to a FKK?

How are the Covid restrictions?

[Anonymous No.20284002]

>>20283855
2 persons per sauna and you have to take a €60 corona test on arrival

[Anonymous No.20284006]

What's a wellness resort is that like a rehab degenerate skitzo gamblers?

[Anonymous No.20284115]

>>20284006
It's where rich people go for vacation
you're probably more degen than me my risk was less than 1% on this trade. Safest way to acquire wealth in crypto apart from holding link

[Anonymous No.20284163]

>>20283655
i'll be with u soon anon... right??// :((((

[Anonymous No.20284322]

How do you make money trading bro? I have hundreds of thousands in dollars and want to learn the ways

[Anonymous No.20284442]

>>20284322
You can trade anything, i'm trading futures 90% of the time. It's not that hard to figure out how to trade if you put some time into it, what's hard is managing your risk. Most good traders still end up losing money because they're risking too much. If you already have a couple hundred k it's perfect since you can use minimal risk and still make decent gains. Poorfags often get too greedy cause they wanna 100x their capital.

[Anonymous No.20284520]

>>20284442
Do you use TA? I've read quite a bit about risk analysis, the only issue I have is brokerage and finding non-bullshit learning resources that clearly aren't scams.

[Anonymous No.20284533]

>>20284520
Risk management*

[Anonymous No.20284934]

>>20284520
I look for interesting price levels on a chart but no indicators or all the other TA shit there is. Doesn't hurt to learn about it to get another perspective on price action but they don't actually show you something you can't see on a chart. There's no really good material to learn out there, and i won't recommend anything but you can look up anything about trading on investopedia and you should definitely know how to use advanced orders, i use ladder and stop limit orders on every trade. Good luck and don't risk much, you will probably lose most of it when starting out

[Anonymous No.20285723]

>living in cuckistan
>made it

[Anonymous No.20285746]

>>20283655
Well done mate, keep it up

[Anonymous No.20285797]

>>20285723
>gorgeous historical cities
>Neet bucks
>best covid19 response
>free high quality heath care
>0 Crypto taxes if you hold 1 year
>Autobahn without speed limits for your lambo
>In the middle of europe, good travel opportunities
>Non retarded leadership
>German women are money loving sluts


How is this more cucked than Trumpistan?

[Anonymous No.20285816]

>>20285723
Only an American could be this ignorant

[Anonymous No.20286086]

honestly i'm happy for you anon

[Anonymous No.20286173]

>>20284002
I don't get it. Is this one of the German brothel we hear about all the time?

[Anonymous No.20286192]

How old are you by the way? Sad being that young and spending your days like an old granny.

[Anonymous No.20286196]

>>20283776
larp, where are the blacks?

[Anonymous No.20286211]

>>20283655

Annon what does your bag consist of?

[Anonymous No.20286215]

>>20285797
>free high quality heath care
When will this meme die? It's the opposite of free. You literally pay for it cradle to grave, every single month, whether you use it or not.

[Anonymous No.20286289]

>>20286215
They're actually paying the fair price because its public funds. The US is by all measures the least efficient healthcare system in the world. Money is basically funneled from the FED directly to the big pharma shareholders.

[Anonymous No.20286368]

>>20283655
Bist du in Baden-Württemberg?

[Anonymous No.20286444]

>>20283655
From the thumbnail the cloud reflection looks like blow. I'm both relieved and disappointed it's not

[Anonymous No.20287049]

>>20286289
You are making a straw man argument. US healthcare is a fucking mess, it's essentially a pyramid scheme between insurance and government. It could be done so much better and cheaper, but it would require government to get out of the way which of course they are not going to.

That still doesn't take away from my point that "free healthcare" is just a lie. It's taxpayer funded healthcare. And where I live (Denmark) it's fucking ass.

[Anonymous No.20287828]

>>20287049
It surely is not perfect but you can go to a doctor or get an ambulance at any time without paying extra. You even get insulin or even your cancer treatment or no extra cost. I am happy to pay taxes for that, it makes much more sense than financially raping the sick ones

[Anonymous No.20287948]

>>20287049
>It could be done so much better and cheaper, but it would require government to get out of the way which of course they are not going to.
I'm not sure if you're incredibly naive or just evil. You know very well what happens when you leave the healthcare to the private sector. As with everything else, a few parasites start pumping the blood out of the whole system. That's what is happening in the US, that's not what is happening in Europe. I believe in liberalism, but this kind of liberalism is only good for the soulless.

[Anonymous No.20287951]

>>20287049
>thinking the US doesn't have "taxpayer funded" healthcare.

[Anonymous No.20287985]

>>20283655
How much RLC do you own?

[Anonymous No.20288035]

>>20287049
>doctors expect $500k+ salaries to pay off their med school loans
>big pharmaceutical expects billions in profits every year
>just get the government out of the way guy so big pharmaceutical and doctors can finally lower prices
Are you retarded? Stop going to pol. Lobbying needs to be removed, not government. What do you think happens if big pharm no longer needs to spend billions lobbying the government to get some favorable legislation? They spend billions fucking you directly in the ass instead. Government is the only gate keeper. We need less corporate intervention in government, not more corporate intervention in our lives.

[Anonymous No.20288054]

>>20287951
Yeah it's another scheme to enslave Americans even more by taking away their emergency fund. ahahah USA it keeps giving

[Anonymous No.20288172]

>>20288035

To truly "get government out of the way" we'd have to repeal the EMTALA, get rid of all patents, etc. This would be a true "free market" where the ambulance can check your credit score before deciding to treat you (don't have your ID on you to prove you can pay? you're left for dead), and pharma companies could just copy any new drug developed by someone else and undercut them (cheap drugs but zero incentive to develop new ones).

Free market / government out of the way, just doesn't work for healthcare. The US has some bastardized system that tries to pretend it uses free market incentives but the incentives are all fucked up, and system is pretty much designed by the companies that profit from it.

[Anonymous No.20288353]

>>20288172
most of the really innovative new drugs are already made by very poorly paid researchers working on government grants, their university then sells the patent to big pharma relatively cheap and pockets the money
the biggest cost and hurdle in developing new drugs are the clinical trails which are again a .gov dictated mess of regulations

in order to stop big pharma from fucking the enduser over the citizens would have to self organise into associations that collective bargain against the pharma
oh wait that system used to exist in the us up untill the ama used .gov regulations to destroy that to increase doctors pay

[Anonymous No.20288387]

>>20283686
>>20283655
What do you use to trade futures for crypto?

[Anonymous No.20289189]

>>20283655
Mirin anon, I'm European as well and I started a few weeks ago with 1k and made a bit of money through futures so far but honestly, I'm just going with my gut feeling and I feel like I've gotten lucky so far.
Do you advise any reads on trading or did you just learn through raw experience?

[Anonymous No.20289678]

>>20286368
Sieht stark wie BW aus!

[Anonymous No.20289750]

>>20289189
What exchange are you using?

[Anonymous No.20289770]

I have 40K usd in cash right now. I also have 43k in outstanding Jew student loans. Should I pay off my Jew debt masters first or should I fuck around with crypto and stocks?

[Anonymous No.20289794]

>>20286368
Das ist das Bayerische Staatsbad Bad Brückenau.

[Anonymous No.20290062]

>>20289750
I started with coinbase pro to buy my first 1k as I said but since then I've moved most of my money on binance and use binance futures perpetual for my futures. I also have a metamask wallet through which I buy like 1ETH worth of low marketcap coins every now and then (my form of high risk high reward investement even though I've never gone negative with those).

[Anonymous No.20290581]

>>20289794

10/10 detective work

[Anonymous No.20290599]

so in reality he made 2.5k due to german tax.

[Anonymous No.20290635]

>>20290581

[Anonymous No.20290661]

>>20286215
americans dont even pay much less in taxes and they get jack shit from it, you cuck. lol

[Anonymous No.20290665]

>>20283655
Windows give me anxiety

[Anonymous No.20290677]

>>20287049
>claims to live in denmark
>uses conservative Reagan talking points about muh big government
kys faggot

[Anonymous No.20290732]

Same here fren, sitting at the lake enjoying those stinky gains

[Anonymous No.20290766]

>>20283655
what the fuck is a wellness center?

[Anonymous No.20290956]

>>20286215
>were his last words before dying because he couldn't afford to remove his appendix.

[Anonymous No.20290978]

>>20283655
Bags?

[Anonymous No.20291341]

>>20290661
We literally pay close to 50% in income taxes and then everything has 25% sales tax slapped on it afterwards. Car taxes are like 150%. We have the highest tax burden in the world, and you literally live like a slave to government.

>>20290677
I know it's hard to believe, but not everyone who lives in Denmark like being taxed to death. You essentially work 3 days of the week without pay to fund an overly bloated public sector and to provide free housing and services to immigrants.

Whatever you earn in the 2 remaining days is for yourself and your family. It's crumbs. It's insanely gross how much you are taxed here, it's wageslavery taken to a new level.

>"but you get healthcare!"

You know how much healthcare you could get if you weren't taxed to death and actually had 30% more disposable income every month? You wouldn't have to fund the healthcare and housing hundred thousand Arabs and Africans. You could build your own fucking hospital.

It's all a fucking grift.

[Anonymous No.20291363]

>>20290956
>what is health insurance

[Anonymous No.20291707]

>>20291341
I forgot to mention that on top of this, daily goods and services are also much more expensive. Groceries, gas prices, eating out and so on is significantly more expensive here.

A good example are gas prices, where we pay $6.5 per gallon, which is almost 2.5 times as much as the US.

[Anonymous No.20292285]

>>20291341
>>20291707
do you see any solution to this in the future?

[Anonymous No.20292847]

>>20292285
Electing a right wing government that actually want to reduce taxes, increase privatization and cut out the fat of the public sector.

Our electoral choices have historically been utter shit. Almost every party is committed to increasing or maintaining the size of the state. More programs, more nanny, more taxes. It's like 5 different flavors of Bernie Sanders who all want the state to do everything.

The problem is that a large state becomes subversive to democracy itself. As the public sector grew, more and more citizens became totally dependent on their government job or government benefits. And these people are just not going to vote away their own jobs, and thus the state keeps increasing because nobody can get elected on an anti-welfare platform.

It is the biggest employer in the country with ~820.000 employed out of ~2.800.000 working people. That's roughly 30% of all adults who are a net expense for the taxpaying citizens. Total insanity.

It's like the beast that just become hungrier and hungrier until it devours everything.

[Anonymous No.20293075]

>>20292847
I think you underestimate the influence big money has on government policy, they too lobby/outright subvert the state to enact laws and subsidies that favor them at the expense of consoomers, competitors, etc

[Anonymous No.20293279]

>>20292847
>That's roughly 30% of all adults who are a net expense for the taxpaying citizens. Total insanity.

Forgot to add that it's a lot more than 30% when you also count the huge recipients of government benefits. The 30% are just out of those are employed.

~700.000 people on full time government benefits -wholly dependent on the state
~1.100.000 pensioners
~320.000 students who also receive government checks

Total of over:
2 million welfare recipients,
800k government employees.

All of it financed by about 1.9 mill net taxpayers in the private sector. Someone is gotta pay the bills, and the TAXPAYING WAGESLAVE carries that burden. Fucking RIP.

[Anonymous No.20293328]

>>20293279
but money printer go brrrrrrr

[Anonymous No.20293440]

>>20293328
It will eventually collapse under its own weight. The entire financial system is unsustainable, and not just for little Denmark.

The next few years are going to be dramatic. Honestly I can't see a way out of this predicament without suffering on a mass scale.

[Anonymous No.20293545]

>>20293440
>tulips, wooden sticks, knots on string, seashells, nice rocks, iron ingots, greenbacks, etc

something always comes along

[Anonymous No.20293649]

>>20284442
What's the difference between futures and cfds? How much is your portfolio?

[Anonymous No.20293698]

>>20290677
>>20288035
>>20287951
>>20287948
>>20287828
Holy fucking shit, when did this socialist invasion happen here on /biz/?
Pick up a book about economics

>>20292847
You are very based for a fellow european.

>It's like 5 different flavors of Bernie Sanders who all want the state to do everything.
Everything you said sadly also applies to Austria, I think its a lost cause desu

[Anonymous No.20293797]

>>20293698
Austria is basically a communist country with a very bad conservative paintjob. Had a chance with the FP, but the Putsch destroyed all hope

[Anonymous No.20293867]

I can't think of a single Austrian product desu

[Anonymous No.20293870]

>>20293797
>Austria is basically a communist country with a very bad conservative paintjob.
I can confirm this unfortunately

>Had a chance with the FP, but the Putsch destroyed all hope
I don't think we had a chance to implement something that actually comes close to a free market since even the FPÖ are socialists. But we had a chance to get our immigration under control and that failed too.

[Anonymous No.20293932]

>>20283655
as a german fellow, you gonna teach me to start in investment, right? Dont know where to start at all, heard its never too late.

[Anonymous No.20293938]

>>20293867
Red Bull
A lot of cranes are produced here
And we also do produce a decent amount of car parts
Paysafe is also austrian
But thats about it
And we have absolutely 0 innovation thanks to the insane regulations
The only people who open businesses anymore are people from yugoslavia or turkey, since they can bypass all the crazy employment regulations by hiring all their family members off papers, who usually still collect unemployment benefits.

[Anonymous No.20293999]

>>20293938
No big brain nibbas?

[Anonymous No.20294020]

>>20293999
No big brain niggas doing what?

[Anonymous No.20294051]

>>20294020
fucking science or something, why you ask?

[Anonymous No.20294053]

>>20293938
KTM is made in austria too. Austria manufacturs and produces things like most elite europeans do, top quality and limited production. So you rarely see them but when you do they're usually the best in class.

[Anonymous No.20294054]

>>20293870
Not a chance in that way; to free Austria, and by extend all of western Europe from communist robber barons, nothing short of a revolution is needed, unfortunately the only revolutionary potential that exists seems to be the one that gets unleashed if gibs are taken away, no matter whose gibs. Barbarian hordes roaming free though the lands is just the cherry on top of looming state failure. My hope was Austria would get closer to Eastern Europe politically, not just economically, but that chance is gone.

[Anonymous No.20294070]

>>20293867
Glock

[Anonymous No.20294098]

>all the money in the world and still uses an ipad

you might be rich, but you'll never be wealthy.

[Anonymous No.20294937]

>>20293867
Ktm

[Anonymous No.20295085]

>>20292847
Bitcoin (now under ticker BCH) was made to help with this situation:
You can keep your money out of the system.

[Anonymous No.20295901]

>>20294098
>using shitty unoptimised android tablets when he can afford a smooth and beautiful designed machine

[Anonymous No.20296710]

>>20295901
How are any of Apple's customers going to trust them if they hand over the keys whenever the FBI says pretty please?