/biz/ - Business & Finance

i've got a good feeling, it doesn't happen very often
wagmi frens

>>49281155
same. I love the absurdism behind it.

WAGMI

>>30406723

>>30321191
welcome to the super secret smart club, anon

>>30312566

Is Bitcoin "too big to fail" now ?

And before I log-off for the night, one more point about Black Swans:

A Black Swan is not some natural disaster or a meteor. It's just a wake-up call that the market is failing. At the end of the day, markets merely respond to stimuli from higher forces.

Markets run off of history.

History runs off of psychology.

Psychology runs off of nature.

Nature runs off of change.

That's all a Black Swan is: a change. It could be a massive correction, or it could be some number-crunching issue we didn't see coming. The lense of historical-hindsight tends to be biased unfairly against the victims of Black Swans, as the warning signs are always obvious therein. The trouble is that without the historical-hindsight, there is not much that connects those signs together.

You really will never know when it will happen, and you probably won't know that it has happened until it is too late. Crashes don't happen in a single day. They take time.

Thus, the only thing you can do that will actually save you is to prepare yourself just in-case.

Sincerely,
Anon.

Have a long ready. Not telling you where. Comfy.

>>29864157

I CALL ON THE SIGN OF THE BLACK SWAN
THE RIGHTEOUS DARK BIRD OF DESPAIR
REND THE LINES RED AT THIS HOUR
REMIND US THE MEANING OF PAIN

Please, OP. Do tell

>>29351536
You know that BTC always corrects -80+% each cycle, right?
previous cycles corrections were -86%, -84% respectively
At current ATH, only those buying under 11500 should feel safe without selling at all

Less money to spend while on lockdown. This idle money plus stimulus packages went to assets of their choice.
This was basically money usually spent on outdoor activities, such as public transport, flights, traveling, hotel, leisure, dating, prostitutes, you name it.
When we are back to normal, these people need the money and will liquidate their assets, it may even trigger a bear market.

>>28662012
Yea.
Prices exist for a reason.
They coordinate production and consumption.
You cant just have false price signals being sent in a market without consequences.
In this case these false signals will signal to industry to over use and under ration and under invest in exploration and mining.
The market will win EVENTUALLY.
I am hoping this latest push will break them.
I really think it has a solid chance.
If not that hopefully in my lifetime atleast.

>>27302073
As a fellow writer, keep writing. Joining a good writing group is super comfy. No reason to kill self.

What happens when the environmentalists come for crypto, and they raise capital gains and tax unrealized capitol gains and ban crypto for its ties to white supremacy??? See you at $1.

>>26238660
Rerolling

>>25949091
Now make him ride a black swan

Is the CME gap a meme?

60% Tesla
40% BTC/ETH
etfs and 7% annual growth are for fags. I'm up over 1000%
I guess I also have a regular checking account for daily shit. But over 1/2 of my salary goes into investments.

I missed the ship with everything else, going to hold out now and go down to the bottom or win. Buying more at 3.5c.

>>24109038
Sorry fren you're right, may you make it

>>24102691
Based

See you Monday pal im lookin forward to it