/biz/ - Business & Finance

[Anonymous No.24843190]

>time in the market is better than timing the market

[Anonymous No.24843192]

>>24843190
yes

[Anonymous No.24844104]

this but unironically

[Anonymous No.24844197]

>>24843190
It's true you fucking mongoloid.
Either time in the market and dollar cost average or do the WSB thing and YOLO you fuck. Stop hating on people who are responsible investors.

[Anonymous No.24844288]

>>24843190
1000% - staking before the real bull season only ups the ante

ALGO, FLETA and OM are the ones to get you out of a pre-xmas rut

[Anonymous No.24844293]

>>24844197

eat my asshole

[Anonymous No.24844390]

>>24844293
Oh I bet you'd love that, you disgusting piece of shit faggot.

[Anonymous No.24844452]

>>24843190
>A dollar in the hand is worth two in the market

[Anonymous No.24844532]

>>24844288
right, I remember when I was mining 0.7 eth a day
at the time eth was 2$
Planning to do the same with some small caps.

[Anonymous No.24844546]

True. Swingers get burnt eventually.

[Anonymous No.24844548]

You can backrest most strategies and buy and hold destroys long term on anything past the 5-10 minute timeframe

If you even manage to beat the market fuck staring at lines all day

[Anonymous No.24844562]

>>24844197
>Either time in the market and dollar cost average or do the WSB thing and YOLO you fuck. Stop hating on people who are responsible investors.

False dichotomy. There's no rule saying you can't do both or risk a small amount of your capital.

[Anonymous No.24844566]

>>24843190
its literally true though. you can't beat a stochastic system plus you're fucking yourself on fees

[Anonymous No.24844600]

>>24844566
>fees

Only if you're trading crypto.

[Anonymous No.24844623]

>>24844546
>Dude, just keep holding even if it goes to zero!

[Anonymous No.24844646]

I made well over 250k just by being lucky and not checking prices obsessively for a few years

[Anonymous No.24845575]

lets shit on sage advice

if you are trading with 100% of your stack you are retarted.

[Anonymous No.24845596]

I had an appointment with my (((free))) Fidelity financial advisor, since I made a lot of money in the bull market that I don't know what to do with, and he literally said this to me. I get that the boomer meme can work, and that you can fuck yourself up worse by panic-selling and locking in your losses, but it was still a bit tiresome being told to just put all my money in stocks and not do anything about the possibility of a crash.

[Anonymous No.24845604]

trolling outside of /b/ while you could troll on /b/

[Anonymous No.24845679]

>>24843190
This saying is just coping for the noobs who don't know what the fuck they are doing. Also financial advisors keep repeating this to wash their hands after suggesting someone to put their lifesavings in at the very top of a stock bubble. Someone's gotta buy them bags....

[Anonymous No.24845717]

>>24845679
Yeah that's exactly what I thought. Like someone who works for an investment firm is gonna suggest someone take their money out of mutual funds or stocks, lol.

Since you seem smart, do you think that we could see a correction next week once TSLA dips? Lotta big-name ETFs like the ARK funds seem overinvested in the stock.

[Anonymous No.24845727]

>>24843190
>Buy low sell high

[Anonymous No.24845774]

>>24845727
>Don't risk what you can't afford to lose!

Are these people retarded? I wanna get rich, not old.

[Anonymous No.24845777]

>>24845679
>Also financial advisors keep repeating this to wash their hands after suggesting someone to put their lifesavings in at the very top of a stock bubble. Someone's gotta buy them bags....
Doesn't "time in the market" automatically imply DCAing?

[Anonymous No.24845786]

>>24845717
Ark fund is a meme, you clearly don't know the real big boys
Go back to r/wsb

[Anonymous No.24845812]

>>24845717
exactly they have financial incentive to always say that it's a good time to invest regardless of the actual situation.

>could we see a correction next week
I mean the meme stocks could correct anytime. Personally I would not be able to hold any of the meme stocks such as TSLA at this time they are extremely overvalued and even that sounds like an understatement. However we do have clown markets so who knows what's gonna happen especially in the short term its near impossible to see what's gonna happen. Longer term I do see stocks like TSLA will have to correct significantly. Large indices such as sp500 might make small corrections but with all the liquidity I don't think it's possible to see big crashes anymore since where would you put your money?

[Anonymous No.24845821]

>>24845786
No just tell me the big boys pls. I'm clearly doing something right. I just wanna learn more anon-sama. Onegaishimasu anon-sama!

[Anonymous No.24845834]

>>24845812
Thanks for the advice anon. I will sell the rest of my TSLA bags and look into ETFs to put my cash in.

[Anonymous No.24845836]

>>24845777
No it implies hodling not necessarily DCAing.

[Anonymous No.24845888]

>>24845834
>I will sell the rest of my TSLA bags and look into ETFs to put my cash in.
Lol. Do not sell just because idiots are coping with the “muh stock has to be overvalued” just because they fail to see what’s going on and missed out. Tesla will be a trillion dollar company within two years under this Biden administration.

[Anonymous No.24845943]

>>24845888
Won't the fatcats try to dip it so they can buy at lower cost though? I mean it's valued so high they're practically pricing in a successful Mars colony..... And other car companies are moving into the electric market. Seems like I could always buy it back on the dip.

[Anonymous No.24846004]

>>24845943
Sure there’s nothing wrong with taking some profits. Just saying for the long term, it’s easier to just keep holding obvious winners (which Tesla and Bitcoin are) and sell off a little at a time if needed. But I’ve been holding both for years and made insane profits up to this point so to each his own.

[Anonymous No.24846055]

>>24846004
No you've got a good point drawing a parallel to bitcoin. I personally think the tech behind BTC is kinda dated and it's got a cult surrounding it in the same way goldbugs have a narrative built around precious metals, but whether Tesla is legit going to corner the market or if Musk is all hype, he probably has a few years of mooning left in him. Thanks for the tip, it's definitely a good point. Good night sleep well!

[Anonymous No.24846078]

>>24846055
Time will tell. Sleep well and best of luck.