/biz/ - Business & Finance

>>58135582
I was 19 yo in 2012 and i inherited a house that was worth 500k euros, i sold it and spent the money in 5-6 years on prostitutes/travelling/consooming. I hadn't even heard of crypto or had any knowledge about investing, yeah i'm a retard.

>>17983931
he's literally just fucking lying about something new every day to buy himself time before EVERYONE realizes that he is totally incompetent and has no fucking idea what to do

his press briefings are terrifying, the dude is a fucking disaster

posting in epic bread

>>17822501
>3rd world countries are gonna get absolutely horse fucked
meh

>>17792990
lmao it's terrifying how upside down the maga worldview is. literally everything you accuse others of is what you are guilty of. it's insane

trumpers will be the ones dropping of corona first because they think doctors are fake news. if you see somebody with a red hat you better keep your distance

>>17780518
>>17780703
kek

>>17659837
>2020
>everything is crashing
>corona culling the boomers
>it's finally happening
>apocalypse is now
>pajeets are still shilling their poocoins
amazing

https://www.youtube.com/watch?v=iFbocdNCWVc

This guy manages $140 billion. This was recorded almost 3 months ago. It's unironically over. Trump, who gladly takes all the credit for recent gains, will also take 100% of the blame for the crash. Fucking cap it

>>15944322
epic kek

>>15736312
SoulSeek

>being a wagecuck

You're so fucked.

Been in the game since august 2017 so kind of a newfag.

My question is what is the wisest thing to do with your crypto gains? Obviously hodling your bitcoin and not selling after a bull run is kind of dumb. Ive heard of people cashing out their original investment. Keeping some in crypto and moving some into safer investments like gold, bonds, stocks.

Idk what do /biz/?

Sidenote: I don't want to pay taxes on these gains.

>>4945972

>>4729122
>But I hear from most people that a lot of firms won’t even take a look at your app if it isn’t from a tier1 school.
Are these the same people who say you won't be successful unless you go to college? Or just people trying to justify their 100k student debt?

I don't want to lead you down the wrong path because I'm just some guy on the internet, but you'll find out no matter what college you go to that people usually don't know shit about anything and its all about getting lucky.

>>4717479
>"Yo bro you hear bitcoin hit $10000 like whoa!"
>"Ya man thats totally crazy. I remember like when it was like 100 dollars dude."
>"Totes dude we could of made a lot of dough"
>'You know it man. We like totally got to get in this now before we miss out."
>"Oh ya man like I'm totally going to get myself some sweet ass bitcoins"
>Both proceed later that night to buy bitcoin
>Train Chad 1 googles bitcoin and becomes immediately gets frustrated as there is no clear way to buy bitcoin and gives up after 2 minutes.
>Train Chad 2 luckily stumbles onto coinbase and buys $100 dollars worth of bitcoin uneffecting the market
>Train Chad 2 then proceeds to forget about the bitcoin he got as it doesn't skyrocket in value immediately.
I think we're safe

>>4609560
Sounds like a good time to buy ;)

>Be me browsing /biz/ January 2018
>Read top threads about wojacks, link, btc/bcc/etc and POWR threads
>enter POWR thread
>"ITS MOONING OMG"
>"No its not brainlet you guys say this every time it hits 5$. Stop falling for the PnD Pajeets"
>"G-g-guys is now a good time to buy in?
>Be me browsing /biz/ January 2019
>Read top threads about wojacks, link, btc/bcc/etc and POWR threads
>enter POWR thread
>"ITS MOONING OMG"
>"No its not brainlet you guys say this every time it hits 200$. Stop falling for the PnD Pajeets"
>"G-g-guys is now a good time to buy in?
>Be me browsing /biz/ January 2020
>Read top threads about wojacks, link, btc/bcc/etc and POWR threads
>enter POWR thread
>"ITS MOONING OMG"
>"No its not brainlet you guys say this every time it hits 1000$. Stop falling for the PnD Pajeets"
>"G-g-guys is now a good time to buy in?

>>2649832
>>2649736
>>2649618
>>2649399
>>2649394
>>2649295
>>2649145
>>2649077
Keep em coming boys love what i'm looking at!

having a beer and laughing my ass off at these gains.

weak handers btfo

>>1449059
Thanks.
Do you know of any sites that talk business and markets etc, but are actually reasonably informed?

Everything I find seems to be either NEET's, or "Super Successful traders" who won't discuss or talk about shit unless you pay them, or people who try to sell you MLM bullshit.

So tired of the world and people.

>>1449079
>US Debt is just a number.
>Who is going to come and collect?
The people who loaned them the money. Ie the banks and thus (mostly) China.
You may not borrow money from a chinese bank personally, but your bank does. So if your country can't pay back their debt and defaults, the lenders collect their debt, and the country's credit rating will be ruined, meaning stagnation as no-one will risk lending to you again.

>Not paying it creates the debt spiral and social contracts are broken and nations will literally fall.
>How so?
If you don't pay, you default. If you default, your collateral is seized. For nations that is more than a couch and some buildings...
Lets say Germany has a crisis. It calls in its loans to other nations to pay off its own debt. But they can't pay either. So Germany has nothing to pay with, and just spread the financial crisis to Greece etc who is now faced with paying their debts but can't. If Germany can't pay, its own loans go unpaid, and so on.

>Money is deleted
I understand why you are on /biz/.

>Rest of your post
Is genuine delusion.

Do you not understand social contracts?
Do you not understand that GDP does not mean wealth, like 95% of the government?
Germany, much like Sweden, is facing a problem whereby the people actually paying taxes, are being left with less money. Meaning they spend less, meaning the economy stagnates and confidence in the markets will drop.
US gov is way more in debt than having to tax 15%-20%.

But hey, everything will only go up! The market is always bullish! Debt doesn't need to be repaid as no paying hurts no-one and has no consequences!