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there should be a board for stocks and options trading. crypto is retarded
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Date: May 21st, 2018 5:24 PM Author: doobsian sepia ratface the more i think about crypto, the more embarrassed i become for getting involved. there are other high risk ways to generate big returns (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36099096) |
Date: May 21st, 2018 7:52 PM Author: cowardly locale associate Stock "trading" on a human scale is pointless unless you have insider info (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36100212) |
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Date: May 21st, 2018 7:56 PM Author: Cruel-hearted aphrodisiac circlehead This, you have to hodl for decades to see appreciable "returns," and you never have any idea when to sellcuck.
Still if you dump a bunch of money on something blindly and get lucky, that can be nice. It's like betting on horses. |
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Date: May 21st, 2018 8:35 PM Author: Amethyst step-uncle's house preventive strike Boomers are going to pwn us (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36100479) |
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Date: May 21st, 2018 8:35 PM Author: Amethyst step-uncle's house preventive strike (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36100477) |
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Date: May 21st, 2018 9:28 PM Author: doobsian sepia ratface at least stocks trade on logical drivers. what the fuck is driving crypto?
i’ve made fantastic returns on tesla puts |
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Date: May 21st, 2018 11:31 PM Author: cowardly locale associate the "logical driver" on tesla is pretty much the same as any crypto: that it will take over the world instead of completely falling on its face despite a struggle to currently justify real world value relative to valuation.
no human being is going to "trade the news/outlook" on a stock better than an algorithm or someone with massive insider knowledge. it's still picking lottery tickets out of a hat. |
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Date: May 22nd, 2018 6:54 AM Author: doobsian sepia ratface To clarify, a put option is a way to bet *against* a stock. I translated my view of tesla’s heroic cash burn and failure to meet deadlines into an investment thesis. I’ve profited as a result.
Yes, it’s difficult to beat the market consistently. Smart people with lots of money and information are involved, so this makes sense. But this isn’t an argument in favor of crypto - crypto is an objectively retarded, heavily manipulated casino that moves like a headless chicken |
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Date: May 22nd, 2018 10:44 AM Author: Amethyst step-uncle's house preventive strike It’s possivle that speculating on short term moves on either one is a bad idea for pretty much anyone not connected to an institution (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36103842) |
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Date: May 22nd, 2018 1:10 PM Author: doobsian sepia ratface I’d argue crypto is exponentially worse because the illiquidity + lack of rationality + shady/nonexistent governance mean you could lose everything in a few seconds (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36105025) |
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Date: May 22nd, 2018 6:54 AM Author: doobsian sepia ratface https://bitcointalk.org/index.php?topic=3256693.msg38135174#msg38135174
Crypto is retarded |
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Date: May 22nd, 2018 8:40 AM Author: Stirring Indigo Candlestick Maker Lettuce play stupid games, win stupid prizes. stay away from shitcoins (http://www.autoadmit.com/thread.php?thread_id=3983084&forum_id=7#36103117) |