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Right let's say there's a bubble in a market and it's about to collapse.
In this instance I'm going to refer to the market as watches.
Ok, so pretend watches have gone crazy high in price over the years after everyone's been going out and buying rolexes because their friends have one. Suppliers jack up the price because of demand and the bubble's about to burst as the market corrects itself.
How would you could cash in on this burst?
One example I could think of would be to buy rolexes in the dip, but these watches are £100,000+ each and that's not viable.
What else could you do?
BONUS: Those that are helpful and provide a method of contact can get in on this with me
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Sell a put on watch contracts?
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>>1127033
These watches are vintage and not concerned or affected by financial markets.
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This is a shit example because watches are useless and nobody needs them in this day and age. I mean, we've got cell phones. Get with the times, grandpa.
I bet you're one of those supreme gentleman types that thinks every man should own a straight razor, a few flannels, a watch, and an overpriced pair of "heritage boots".
So you're basically a fucking faggot.
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Should I pursue Business or Medicine?
If I pursued Business, I wouldn't go to college. I would live with my parents, work full time, acquire capital, start a business, fail/succeed, and repeat. I work a minimum wage job and have saved $12,000 in the past year.
If I pursued Medicine, I would work my ass off during my 20-30s, but I would always get paid at least $200k.
>Business
>High risk high reward
>Lots of freedom
>No guaranteed success
>Extremely random
>Medicine
>Low risk medium reward
>Limited freedom (college, medical school, residency).
>Long hours. Lots of dick sucking.
>Guaranteed success (once you are accepted into medical school)
>At least $200k/year once I finish residency
>Insane job security
Which one should i pick?
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>>1126745
My social skills are not stellar. I'm a bit awkward, but I can work in a team and be normal. I don't think I'm persuasive or confident enough to convince people to invest in my business.
-1 point business?
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>>1126751
bump
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I'm by no means an expert on anything but iirc, med isn't actually guaranteed either. It's dependant on test scores and fellowship to get accepted at a hospital and reputation if doing private practice or specialist
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>Bought $200 of ETH at 11.75
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just hodl bro, we'll be at $20 by next week
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>>1126585
Only the weak minded fall for the shill.
You deserve what happens to you.
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>>1126591
u mad because u aint in on these gains
when it hit $12 i was at 300% gains.
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When did investing degrade into begging for donations?
Are hipsters really this risk adverse?
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>>1126578
When people became retards. My roommate was spouting off about how he likes crowd sourcing sites because it makes him feel like hes helping his fellow man. Has no interest in learning the stock market though. He could throw his money away on it and at least have a chance on making it back.
I thought about kickstarting a hedge fund. People will give you money just to give it to you and you don't have to return it. Trying to get my buddies sister to do it since she's black and kick starter retards eat that shit up. You don't even have to have a good hedge fund because none of your investors expect any return.
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>>1126603
its fucking retarded shit for retarded millennials.
obv they are going to have lackluster follow through when they are under no obligation to succeed.
>need money for clothing label
>need money for restaurant
>need money for recording studio
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>>1126603
Wait, they dont get a return on their money on these sites? They dont even get their money back?
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I think I'm going to listen to you shills now. I have $200k that I want to put on ETH because I think that Ethereum is going to be mainstream. What is the best way to buy ETH?
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No you don't have that much.
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>>1126545
buy bitcoin , xfer to poloniex or kraken, trade for eth
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>>1126545
Adios doshundred k!
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What is the biggest obstacle and detriment to success?
Is it going on /pol/ and listening to Jew memes?
Spending excessive time on 4chan?
Videogames?
Let's hear, senpai.
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Not taking responsibility for your actions and blaming your lack of success on outside factors rather than yourself
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>>1126367
What about /pol/?
Is that for unsuccessful people
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People will try their hardest to bring you down, even, if not especially, those closest to you.
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>So Anon, it says on your CV that you have 'advanced' Excel skills
>I'll give you a warm-up problem to get you started
>Say I have two lists of 10,000 customer emails, how would I ensure that no emails from list A are on list B?
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Throw both excel docs in MS Access and do a simple dup check query in sequel.
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>>1126329
>using Access to perform a simple excel operation
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>>1126339
Fuck off, if you paid you a MS licence, you get Excel and Access together anyway so there isn't any real argument to be made against it.
Are you saying you don't know SQL?
Shits gonna get tough for you when the 'advanced' part sets in.
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As a 62-year-old employer at a small company who has hired many young people, I can honestly say that the vast majority of you are lazy and too entitled to hold down any job.
Out of the 20+ people I've hired as a business owner, there was only 1 young person who I thought was sort of decent, but even he's not up to my standards.
This is simply what employers want in an employee:
- Must have a college degree in a hard science with a 3.7+ GPA
- Must have 5+ recommendations
- Must have at least 5+ years of experience
- Must have won prizes
- Must have good social skills and amazing quantitative abilities
- Must know useful programming.
- Must be willing to work overtime and on weekends occasionally without pay.
- Must be prompt and be able to handle criticisms.
- Must understand that I will give bad and false reviews to his future employers so that s/he doesn't move to other companies
As I've said, out of the 20+ young people I've hired, only 1 has come close to my requirements. This is for a $9/hour with no benefits receptionist job.
He was a math and econ double major at a top 20 university and he fixed a security vulnerability in my website when it was hacked. Unfortunately, he left after 2 years. I don't know how he got a different job, though. I gave him terrible references so other bosses wouldn't hire him.
Why can't young people meet my standards? I think a lot of you are too entitled and are unwilling to learn the necessary skills to get jobs these days.
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>>1126288
Buy ethereum and never work for old miserable small business owners again.
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>>1126288
Interesting post but doesn't mean shit. I'm 25 and have held a job since I was 15. I got into sales at 18 and I not only make a killing but motherfuckers love me.
I know you're a neet trying to make a point about job requirements but my advice to you would be to go into sales. Apply for sales jobs not matter what experience they require. We literally hire neets all of the time because you can teach anyone to be a salesman.
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>>1126306
Buy ethercuck
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So /biz/ is now Ethereumcuck: the board.
Is it finally time to leave this shithole?
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>>1126059
Long past. Leave it to the tards.
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ethertard here. honestly I don't know why there is more than one thread at a time. we at least need a containment thread so we don't flood an entire board with a niche topic.
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>>1126061
It's every thread now tho.
I guess it's time to leave. Good bye everyone. It's been fun and the board was good a year ago.
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Is shapeshift a scam? The fees are so fucking high
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>>1125982
Pretty much. I used them once and never again.
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>>1125982
how much do they charge?
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>>1125982
>ltc/btc
>0.00793377519172 on shapeshift
>0.00785091 on coingecko
Doesn't really seem that bad.
Again with the meme currencies? when you plebs learn that oil is what the rich are hunting.
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Lol what a nethercuck
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>>1125691
please be more people like you on biz. checking in everyday to find oil related threads. 8/10 threads is fucking memecoin now.
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>>1125753
No one gives a fuck about shitty saudis and their gay oil. Why does everyone want to pay the saudis for their gay oil?
I prefer oil being cheap i hope it never goes up i like cheap fuel.
Buy ETH
Anonymous
Why is almost everything about money ? 2016-03-05 13:09:41 Post No.1125566
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Why is almost everything about money ? 2016-03-05 13:09:41 Post No.1125566
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Why is almost everything about money ?
Anonymous
2016-03-05 13:09:41
Post No. 1125566
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Seriously, if you want meds or treatment when your ill you need money.
Your going to need money for transportation.
We even need money to get women (women just don't go for guys who are low on cash).
How the hell is anyone suppose to enjoy life or have value if you're low on cash ?
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>>1125566
You're
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>>1125566
>How the hell is anyone suppose to enjoy life or have value if you're low on cash ?
You don't. Get some cash instead.
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I think a lot of people on these types of places thinks that money makes you a better person.
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2nd week of February, decided to start an account with Kraken. (eth floating $3-$5)
4 days later, try to get verified with Tier 3, fails. They were not clear about the ID requirements. On their website it stats "color id with birthdate visible". Reupload my ID.
Another 4 business days later, Kraken rep tells me that they were sorry, and have notified the verification team to update the language on their website to be clear about requirements.
Try to add my bank account for synapse pay. Fails..."internal error". Email Kraken again. In the mean time, after 3 days, I finally got it to work.
4 business days later, Gives me a whole list of requirements, including the way you type in bank information, etc; all which were irrelevant to me.
5 days later today, the wire transfer information still says "pending". I called my bank to ensure nothing was wrong, they said they haven't even received any sort of notification for a transfer.
eth now @ $11.
FUCK KRAKEN. I hope these people die of cancer. I should've known better than to trust the work ethic of a company based out of San Francisco.
Pic represents me (oldie or goodie).
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>>1125565
This is what you get for not already holding Bitcoin.
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>>1125572
well, everyone take heed from this reply.
I'm quite sure I'm not the only one that got ass fucked through this bullshit process.
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>>1125565
kraken keeps fucking crashing on me. server 502. i don't get it either.
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>skipped college at 18 to study and trade forex
>lurked on bp and ff for a year, but mostly just played video games
>cobbled together $5k without demo experience
>fell for the technical analysis pseudoscientific/voodoo maymay
>lost it all in 6 months
save me /biz/
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Buy Ether.
Oh wait, you can't because you lost all your money on the mainstream meme. Maybe just kill yourself along with the other nethercucks
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You can always sell your soul. I hear the rate has been going down for a while too long.
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>FX
>4X
>XXXX
It's a meme.
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Fuck all of the hyped-up bitcoin and ethereum threads. I need a currently-cheap 'dark horse' crypto to buy lots of. Tell me which lesser-hyped ones you think will have high value in the future, and why
Right now my money's on Monero. Cryptonote technology, not a bitcoin clone like most others, one of the top privacy-centric coins that's even used on the dark web
inb4 worthless magic money shitcoin "lemme complain about crypto threads even though /biz/ was specifically made to contain crypto threads"
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>>1125301
Dude, bitcoin is dying and so are its copies. Ethereum is the only thing ahead of the game. Once china will recognize that price won't go up with halving, it'll crash down to 100-200.
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>>1125301
MaidSafe or Monero. The rest are trash.
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>>1125301
I don't know anything about Monero, but I feel like the privacy ethic of a cryptocurrency is a lot less drawing than it used to be. Being that privacy-centric seems like it's kind of in a niche market for libertarian paranoid schizophrenics. The anonymity of bitcoin, I think, was what drew in its initial fan base, which was not very large, then didn't really gain a lot of popularity until the layman realized how valuable it was. It's my opinion that the majority doesn't care about their monetary privacy as much as the anons on this board do, though they should.
I'm not an expert or anything that's just my two cents. Good question though I'm interested in the discussion