I don't think I've ever felt more depressed than when looking at the price histories of various stocks and currencies and imagining about how I could have been financially free if only I or my parents had taken the chance to ride those waves to the top. Life presents us with innumerable chances to become rich; the only problem is that we don't see them.
/biz/, I don't want to be a wageslave no more. How do I become able to see those chances? What is the "next big thing" that we can get a stake in right now? Is it gene editing technology?
>stake
>pivx
>>1875132
What makes pivx so special? How do you know?
>>1875125
>I don't think I've ever felt more depressed than when looking at the price histories of various stocks and currencies and imagining about how I could have been financially free if only I or my parents had taken the chance to ride those waves to the top.
Hindsight is always 20/20. You are a major fool if you evaluate past decisions in light of current knowledge. Only insanity lies this way!
Always evaluate past decisions in light of the information you had *at the time*. If you saw the increase coming and didn't act on it, you made a wrong decision and should be worried about it. But if you didn't see it coming or the risk outweight the potential gain, then you've made the right call staying away. It's much much more important to make sound decisions repeatedly rather then hopping on a meme and getting lucky once.
Consider that you are dealing with a hefty dose of survivor bias. You only look at the missed opportunities that really took off. What investments did you look at 10 years ago that would have turned into utter shit? Nobody talks about those, nobody even remembers those. But if you had blindly invested into them against your better judgement you'd have lost all your savings. Since you seem to enjoy bringing up the unprofitable decisions and being sad about those - why don't you bring up the profitable decisions you made as well and be happy about them? I'm almost positive you and your family have dodged more bullets in the last 10 years (remember, 2007 was pre-crisis?) than missed opportunities.
tl;dr: Gather information. Make sound decisions considering your risk profile. Do improve your information gathering and risk assessment skills. But as long as you've made the decision for the right reasons, you should never second-guess it just because you happened to be wrong. You couldn't have know and beating yourself up over it is silly.
whats the problem? don't you like free stake from just holding currency in your wallet?
mfw i get paid 6 pivx / hour to shitpost
:^)
is pivx really going to the moon?
I have 500 Euro and I want to double it within the next weeks. What's the best crypto to achieve that? Any upcoming pumps you know about?
pivx, xem
PIVX by far
>>1875103
dogecoin
http://www.investopedia.com/articles/personal-finance/071114/should-you-pay-all-cash-your-next-home.asp
>What You Lose
[...]
>2. You’ll lose the financial leverage a mortgage provides. When you buy an asset with borrowed money, your potential return is higher – assuming the asset increases in value.
>For example, suppose you bought a $300,000 home that has since risen in value by $100,000 and is now worth $400,000. If you had paid cash for the home, your return would be 33% (a $100,000 gain on your $300,000). But if you had put 20% down and borrowed the remaining 80%, your return would be 166% (a $100,000 gain on your $60,000 down payment). This oversimplified example ignores mortgage payments, tax deductions, and other factors, but that’s the general principle. If you are considering taking out a loan, rather than paying cash you can get a better estimate of what your mortgage payments would be using Investopedia's mortgage calculator.
What kind of twisted, retarded logic is this?
Is this what economists are taught?
BTW, let me point out the problems with this BS:
>When you buy an asset with borrowed money, your potential return is higher – assuming the asset increases in value.
>assuming the asset increases in value.
Yeah. You can make money by playing poker, too.. No one assures you anything, though.
And, more aggravating:
>suppose you bought a $300,000 home that has since risen in value by $100,000 and is now worth $400,000. If you had paid cash for the home, your return would be 33% (a $100,000 gain on your $300,000). But if you had put 20% down and borrowed the remaining 80%, your return would be 166% (a $100,000 gain on your $60,000 down payment).
Nice!
>This oversimplified example ignores mortgage payments
Wait, what? ...
>>1875110
>Wait, what? ...
The only thing I can think of is that interest paid on a mortgage is tax deductible.
>>1875096
>looking at a home as an asset
Ayy lmao
Also
Economists are just people who couldn't be real math majors.
Hey meme coiners, wanna buy this cool plot of real state with whatever you were left with after the crash?
I'll shovel the dirt on top of you for free
cope
That your house?
thank you, but i rather keep investing due to my 700% profit this year
Is timberland a good investment?
Can money be made aside from waiting for trees to grow?
>>1875080
>is a slowly dying fad a good investment
kys
>>1875080
I'm here for the interview
From what I understand, increasing the minimum wage will increase a businesses spending which will cause them to increase the prices of their goods which will lead to no real change at all.
So, my question is why don't we just decrease the minimum wage to a real low amount? Won't that also decrease the prices of goods; making everything cheaper?
The minimum wage should be deleted entirely
Please read about its origins and you'll understand that the concept was not born to benefit workers at all
Your theory seems to assume that everybody gets minimum wage. Think about who actually pays.
>>1874947
this is exactly what they are doing in germany apparently, do some research
the real issue is the lack of saving. consumption is cheap as fuck, but you are literally unable to save any money as a normie and work is hardly worth it because welfare niggers get almost as much as you do.
>Reading Bernstein, published 2002:
>The Great Internet Bubble will not be the last of its kind, but if history is any guide, we should not see anything approaching it until the next generation of investors takes leave of its senses, sometime around the year 2030. If the current generation gets caught out again, we should be very disappointed, as no previous generation has been so dense as to have been fooled twice. But then again, the Boomers have shown a singular talent for gullibility, and there is still plenty of time.
when did you realize Baby Boomers were unironically terrible?
I'm not sure how the text you posted supports your loaded question? But the boomers like any other generation has good and bad traits. At least they still have testosterone unlike our coddled pussy generation.
>>1874933
Boomers are just meme machines.
>owning multiple houses with terrible credit
Although that is the bankers fault, it's still ayy lmao worthy to me to see who was getting approved for houses 15 years ago.
Someone red pill me on this Hard-Fork.
Is this the end of Bitcoin? Seems like it will completely destabilise all of crypto. Can the mainstream users cope with a split like this?
Surely this will drain everyones confidence in the whole system?
>>1874891
Bitcoin Core = European masonry trying to stealth buy up huge sums of btc and slowly turn it into mass-adopted currency by supporting its developers while at the same time bribing institutions to regulate it. They are in for the long-run.
Bitcoin Unlimited = Chinese and lolbertarians allied in an attempt to co-opt btc, they try to use mining to take consensus out of the users and hack it so they create a utopia where everyone is "free" but they are "presidents and CEOs" of bitcoin. A revmped chink-version of anarcho-capitalism
Ethereum = Corporate America. Clueless but they will try to milk what they think might be the next big thing by throwing big monies at it and hoping it sticks
Zcash = Jews. Pretend it's anonymous but actually control it and get all your data, and btc.
>>1874901
PIVX = extreme underground instant privacy currency
DASH = memecoin only getting bigger because all the neets fapping to female mod
>>1874907
>PIVX
don't know much about it, I am all in in another small cap coin that will go to the moon
>DASH = memecoin only getting bigger because all the neets fapping to female mod
No, DASH is actually being pumped by big whales with lots of BTC that know the hard-fork is coming so they are pouring their monies into it to protect their savings from the inevitable btc price collapse. Then they will buy back into btc once shit stops hitting the fan and they'll be even richer than before.
DASH is extremely easy to manipulate and that's why they have chosen it.
What is the best "smart" pill and what is your experience on them?
>>1874873
Ginkgo Biloba, Ginseng, L Tyrosine, 3000mg Omega 3, 5000iu Vitamin D. Should do you.
buying the ingredients of "smart pills" and taking them on their own is a lot more beneficial and a lot cheaper, the prices of Nootropic concoctions is ridiculous.
cyanide
Amphetamine for the win. Get your ass a script. I pay 10$ a month for 2g worth of pharma grade Adderall. Alternatedays for 2 weeks then a week off for tolerance breaks. There's loads of info on harm and tolerance reduction if you prefer daily usage. And leaves you with loads extra for flipping to dumb college kids who'll just get addicted because of lack of self control. Find a shitty doctor with a loose script pad
New fag here. Tell me everything I need to know.
How do you buy it?
Are they all anonymous?
Are some more anonymous than others?
What is mining?
Why are there limited amount if it doesn't actually exist, only in the digital world?
And what's the next big one?
>How do you buy it?
You can buy the big ones like bitcoin and ethereum with fiat currency, normal cash, via bank transfers and credit card
The rest is mostly only purchasable with bitcoin, so you need to buy bitcoins and exchange them for other cryptos on exchange sites like poloniex, bittrex etc.
>Are they all anonymous?
No, not all
>Are some more anonymous than others?
Zcash, Monero, Nem and PivX is supposed to be untrackable, but so was bitcoin back in the day, but these might be different.
>What is mining?
dont know enough about this one, it also varies between coins, some can be mined, others cannot.
>Why are there limited amount if it doesn't actually exist, only in the digital world?
they would be worthless if there existed unlimited amount, imagine if gold was as common as stone.
>And what's the next big one?
Ethereum
>>1874817
>How do you buy it?,
From someone who has them or from an exchange.
>Are they all anonymous?
No. Most are not. Most exchanges require you to show a government-issued ID. And due to the public ledger with enough effort you could track most transactions back to their source. Also, what are you going to do or buy that will not lead back to you in one way or the other? If you have goods shipped or money wired to you or if you use anything from your home IP, it doesn't really matter how anonymous the crypto coin transaction is, since the other stuff is so easlily tracable.
>Are some more anonymous than others?
Yes. Bitcoin has dodgy privacy at best. Some alt-coins have emerged with more focus on privacy, but they usually have other issues that probably don't make them work in large-scale systems.
>What is mining?
Transactions are stored on a so-called blockchain. Each block has to be cryptographically signed, which takes a lot of computing power. The reward for doing this is you get to include a transaction in the block that gives you newly-created tokens. Signing blocks is called mining, because you create new tokens through work.
>Why are there limited amount if it doesn't actually exist, only in the digital world?
It's a design choice. Not all crypto coins have this trait. Some think having a limited supply is awesome, others think it's a terrible idea.
>And what's the next big one?
Nobody knows. I don't think we're even sure what the current big one is, to be honest...
One word: Holy fucking shit
>>1874760
Yes, anon, but...
>>1874765
>>1874760
Meme coiners btfo to oblivion
I'm retarded.
When discussing the interest rate in monetary policy, what does that actually mean? What is federal interest rate? Interest rate for what? People say banks, but we have private banks? Don't those private banks set their own interest rates? I don't understand what "interest rate" means, and nothing I find actually says. It only talks about how it affects the economy.
Please help a retard.
>>1874706
Federal funds rate. The rate of interest the CB pays banks for their deposits held at the CB. This represents a risk free return. The more interest the banks get paid by the CB, the less they want to lend because they can get free money by depositing it with the CB. This effectively reduces the money supply and makes it harder to get a loan. It also eventually changes risk tolerance of investors. If bond yields rise, implied yields from stocks (inverse P/E ratio) dont look as good. So stock prices should come down to get a better implied yield.
This is all distracting from the real problems though.
>>1874709
So it's the interest rate that the federal bank dishes out to private banks when loaning money?
>>1874710
Other way around.
It's the rate that commercial/private banks are charged on loans they take out with the CB.
>no bitcoin ETF
so how do i invest in bitcoins? i have zero idea.
i recently talked to an analyst from a large bank and he said they hold the opinion that it could gain large amounts of value, but its still dangerous so they dont offer the services (yet).
if there was an etf i could just buy it over my broker, but now that it didnt get approved where do i buy bitcoins?
is there a guide? please post it or guide me. help
>>1874698
>where do i buy bitcoins?
you go into the bad part of the town you see these shady niggers skulking around drive up to one hand him your cash and say "i would like some bitcoin please!"
that's the only way.
>>1874698
tell me what movie that .gif is from
>>1874698
Gemini exchange + bitkey
How do I sell ethereum in Europe? Or convert them to Bitcoin, I know where I can sell bitcoins.
>>1874667
Those questions are the reason why you should have avoided purchasing them in the first place.
>>1874667
You can get Ethereum from coinbase or Kraken. Or buy bitcoins at localbitcoins.com and trade it for Ethereum on Poloniex. Visit /biz/ for general Ethereum discussion.