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/biz/ - Business & Finance

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28590237 No.28590237 [Reply] [Original]

Is this true /biz/zards?

>> No.28590280

>>28590237
>it needs tactics to gain profits
Isn't that the exact fucking opposite of gambling?

>> No.28590322
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28590322

Sadly. It kinda is. It’s a risk taking endeavor. Yes, look at my face. I am seriously serious.

>> No.28590404

>>28590280
Well you need some tactics in gambling
See: Blackjack, most card games

>> No.28590410

>>28590322
Stop spamming this shit across the whole board you fucking pajeet nigger

>> No.28590462

>>28590280
Ever heard of blackjack or predicting races you retard?

>> No.28590508

>>28590237
Day traders absorb risk

>> No.28590604

>>28590508
This, hodl and you win. Buy or sell only the largest of movements

>> No.28590913
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28590913

>>28590604
but what if you hodl and you lose 99% of your asset

>> No.28590983

>>28590913
You’d ideally seek before or dyor so you don’t buy garbage in the first place

>> No.28591044

>>28590913
Btc and the rest of the top 10 will always goes up until they’re replaced, it’s like that in every market until they become obsolete entirely so long term your odds are good, even if you need to hodl for a couple years.

>> No.28591060

>>28590237
Day trading is just as much a gamble as regular trading, retards like to shit on it because they cant do it themselves

>> No.28591329

>>28590913
There is inherent risk in both. There is systematic and unsystematic risk involved in markets which are being influenced by the psychology of investors (whether retail or institutional) and the amount of capital involved.

You could compute risk as:
>Length of time period for asset held
>Variance of expected returns
>Actual returns vs expected returns
>Market fluctuations

You could buy a scam coin and get rug pulled, you could be actively trading and be wiped out by a small shift in the market.

You could reduce your risk by diversification (its advised to have 30 assets), hopefully with different covariance, but I've noticed people here tend to avoid that.

>> No.28591382

>>28590237
It's difficult as hell, expecially the emotional aspect is hard to manage.

>> No.28592661
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28592661

>So much bullshit
One that made this has never day traded
I only held for a while but recently started day trading. BOR made my wage throughout this holocough