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File: 236 KB, 754x512, DavidRicardo.png [View same] [iqdb] [saucenao] [google]
51680149 No.51680149 [Reply] [Original]

David Ricardo, one of the best traders and greatest enemies to the Rothschilds to ever trade on the London Stock exchange in the 1800s

>> No.51680212

Well he didn't have to deal with short term capital gains taxes

>> No.51680334

>>51680212
Very true, but if you're in crypto and paying taxes...NGMI

>> No.51680737

>>51680334
I'm a Norman with a high paying job and only in stocks. I feel like short term gains taxes were made as a penalty for my kind... Hence i tend to only purchase companies who I believe in their future, since i need to hold for a year

>> No.51681116

>>51680737
Hi Norman I'm a Visigoth

>> No.51681396

>>51680149
interesting. thanks for the share anon. i fell for the hold meme for a while but i consider changing

>> No.51683248
File: 75 KB, 1600x898, 3453253425.jpg [View same] [iqdb] [saucenao] [google]
51683248

>>51680149

Delete this anon, I need hodlers to provide me with liquidity to profit and get out of trades. They're providing a valuable service.

>> No.51683379

>>51681116
Hilarious reference.

>> No.51683402

>>51683248
>need hodlers to provide me with liquidity to profit and get out of trades.
Except that's not how holding stock or crypto works.
If I'm holding my shares how are you trading what I'm holding.
Point is, you're a retard and don't actual trade at all.

>> No.51683457

>>51680212
/thread

>> No.51683478

>>51683402
If you bought a crypto you put your money in the system and you provide liquidity

>> No.51683578

>>51680149
Momentum traders and investors constantly beat the S&P 500 by 300% or more year over year. Top 20% swingies can easily compound 1,000%+ gains in a year. HODLers are stupid as sin and so are day traders and scalpers. Even Warren fucking Buffet was somewhat of a mish mash of momentum and value investing in his early days when he would beat the S&P 500 by 125%+ when he was still managing small time money under his partnership before Berkshire.

>> No.51683595

>>51683578
That should be *top 10% not 20%

>> No.51684207
File: 47 KB, 645x729, 54y74w5ythws4r5tyh - Copy.jpg [View same] [iqdb] [saucenao] [google]
51684207

>>51683402

lmao.

just keep hodling for me buddy

>> No.51684360

>>51683248
How do holders provide you with liquidity when their assets are in cold storage. Retard

>> No.51685224

>>51680212
he also had a stable currency

>> No.51685268

>bird in hand worth 2 in bush
woah epic deathbed wisdom!!!!!

>> No.51685373

>>51683248
Hodlers provide you with a price floor, not liquidity, find that price floor and swing trade on the back of hodlers.