/biz/ - Business & Finance

>linear chart

>>49716821
Holy kek its literally the meme chart point by point

>>49716821
Crypto literally follows the Nasdaq 1:1. If boomers won't make it with their QQQ ETFs, neither will you with your eth or bitcoin.

>>49716844
how is log supposed to be better?

>>49716821
This just means your taxes will be raised retard. This already happens in other countries like Russia.

>>49717522
Russia did not rise any taxes you liar, they even lovered them on certain things like gold you pay 0% tax buying gold in Russia.
You stupid goy.

>>49716931
I don't have a retirement though I have nothing to loose.
Boomers have everything to loose.

>>49716931
>your eth or bitcoin
My WHAT?! please don't tell me you are bagholding those shitcoins currently

>>49716970
u can easily see the trend line

>>49717522

Combined FICA to 20%, social security retirement age raised to 70 in 2035. Screen cap, print it off, stick it to your fridge.

my roth was mostly in tech and i sold it months ago tax free

>>49717845
and trend lines always continue of course

>>49716970
LOG is only used by scammers.

>>49716897
>>49717845

>>49717890
should have rolled it over noob enjoy your pre 59 1/2 fees

>>49716821
it sucks cause my dad has no idea how to invest his money and is losing MY inheritance hand over fist. i told the dumbass BUY PUTS

>>49718050
Indeed… if it does follow this pattern, which does actually have some merit, we will get some sort of major relief rally in a month or two.
That would make sense, if the fed decides to lie and say
>inflation is dead, we can stop hiking rates, hooray!

you know that day is coming.

>>49716931
Boomers workes their enties lives and bodies for the money they're about to lose and wont be able to survive without working until their funeral
I win

>>49718050
you can easily see that pattern on the nasdaq during the dot com bubble but this is unironically different because it's not a bubble

>>49718212
Day of the pillow cant come soon enough.

>>49718111
tell him to complain and file a class action lawsuit against NASDAQ for ruining your inheritance

>>49718236
AHAHAHAHHHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHHHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHHHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHHHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHA

>boomers getting rugged
Please, Jesus, let the bitch get to 0.

>>49717845
Based retard.

>>49718111
Your mother shoud have aborted you. Your dad would have more money now.

>>49716821
back to work boomers, now you get to compete with the millions of 3rd world migrants you let in. Remember to use a firm handshake.

Elliot wave count suggest wave 5 soon

>>49716821
Crash now mother fucker. These BITCHES deserve to suffer

>>49716821
boomers are over 70 and their money went from 60/40 to 20/80 over the last decade, and what equity that 20 is in, is value stocks not tech growth. boomers will receive yet another round of fed bailouts. the bond market will not fail.

>>49716970
don't engage the TA fag, charts don't mean anything
single biggest mistake /biz/ and people in general have is they look at the chart when trying to decide what the future looks like

>>49716821
How dumb do you have to be to see this kind of obscene, completely detached from reality growth in the span of 5 years and not sell everything in 2021? It's obvious we're looking at a huge bubble here.

>>49716931
That’s why the current crypto «crash» is good. The market needs to disconnect from the stock market.

These retards can't even spell kek

>>49718050
So the smart money in the nasdaq chart is just “I was born earlier”?
Fuck this game

>>49716821
I'd say the IT Zoomer fags working from home in their underwear earning 6 figures are the ones who should be worried about that chart.

>>49719854
>anon figures out capitalism is a ponzi

>>49716844
Log niggers literally can't stop coping

>>49719963
No senpai we'll be alright fr fr

>>49718236
>It's not a bubble
did the reserve tell you say that? Lmfaooo

>>49717861
At that point you're better off moving to another country. The US is only good for making money. If they take that away it loses its appeal

Not really.
NASDAQ isn't where boomers park their investments.
Boomers are into deep value equities with big dividends, not tech. Most boomers just sit back and rake in the dividends from consumer cyclicals, utilities, big pharma, etc.

>>49717522
How do you raise taxes on someone with zero income? Checkmate, IRS.

>>49717845
dotcom was really some shit huh

>>49716821
Will continue to buy all the way down

>>49720278
>equities with big dividends
Dividend oriented assets also get destroyed in a recession/depression don't they?

>>49721379
Of course, the companies have no obligation to keep paying dividends.

>>49720313
Raise taxes on the things they buy or inflate away their savings

>>49718236
you are the same idiots that said BTC will reach ATH when it was at 40k