/biz/ - Business & Finance

>>58447966
>Is spending €450 on hand made spanish shoes a sound decision?
Anon a 200 € Nike or other plastic shitty shoes last a couple of years.
Hand made shoes last forever

>>58447966
shoes first. i bought my budapest hand sewed shoes in 2010 and they are still good. i got the shoe soles changed several times though.

I'd cheap out and get like two pairs of Meermins or similar that are €200-something and still pretty high quality. You don't want to wear the same pair everyday with these. They wear faster when they're perspired heavily in.
>>58447969
>Hand made shoes last forever
Yeah but resoles still start at like €200 so it's not exactly the buy once - cry one situation everyone makes it to be.
I've got a pair of Ed Meier's sitting next to me. The bastards get very little wear because I wear barefoot shoes like a proper autist.

>>58447963
Perhaps you didn’t get the Bitcoin-whale-insiders-info-can-manipulate-freely-during-low-volume-weekend-and-holidays-to-whatever-price-just-print-tether memo?

>>58447952
ETFs/institutional support will get it out of the crab. I predict 2.5x between now and 2030.

>>58447961
nasdaq does that in 10 years, hardly worth the risks involved.

>>58447968
Risk depends on a person's situation.
For someone like me who lives as if they're on food stamps and will never have kids or even date, then I might as well go all in because nothing matters.
If someone wants to have fun and raise kids, then I would agree with you that BTC is not worth the risk.

>>58447972
other side of risk is reward. BTC does no display high risk-reward ratio characteristics, besides short term volatility.
if i wanted high risk-reward, i'd invest into a small AI startup. with BTC, the risk is high but the reward prospect looks dull. or invest in some very lowcap shitcoin.
my personal opinion, perhaps there is something i'm missing entirely.

>>58447943
ripplets are completely gone tho lol...kind of eerie. goes to show how inorganic it all was.

>he posted in every one of those threads

m8... get outside a bit more often

>>58447931
kek - saw this yesterday on Twitter. AM looking forward to seeing that film 'Finding the Money' it's lifted from

>>58447931
At least he’s not Je-

>>58447893
Don't use margin trading as a retail (none institutional / pleb) customer. You are statistically more likely to lose as opposed to gain.

>>58447893
Since your a cluessless newfag top buyer you probably won't listen to anyone telling you to not use leverage.
You'll have to learn the lesson yourself first. Just buy something for 100$ and then see what happens. Anything we tell you now you will ignore.

>>58447915
Why is that? I'm asking for information on how it actually works, not why I would lose magically if I were to do it.

>>58447923
I'm not in a hurry anywhere and want to learn terms and trading. I did buy BTC 2 weeks ago for 1000 dollars when it was at 64k without using any leverage, I can just hold indefinitely and didn't panic sell or anything when it dipped this week hard.
But even then, if and when BTC will rise up to 100k, with my 1000 dollar investment, that's only 500 dollar profit. At best I can add another 1000 now and make it 1000, but dude, really when it reaches 100k from 64k?..

>>58447970
>>58447893
Leverage is usually better fit for Daytraders because the commision and interest rate that it uses usually is a risk for long term holders. Leverage essentially lets you work with xtimes your money, so if you have $1000 and use x3 leverage you're working with $3000, so say if BTC went up 10% you'd be up 300 instead of just 100. It works sideways though, if it goes down 10% you're down 300 instead of 100. The reason anons are warning you is because of liquidation.
As you'd imagine, whoever is lending you money can't really afford to lose it. So you're taking $2000 in credit, so if your investment went down by 50%, your position would be automatically liquidated (usually earlier to account for interests) you would lose the entirety of your $1000, instead of just $500 without leverage, and if the price went up, it wouldn't matter, because your investment was already terminated, as opposed to no leverage, which allows you to hold through the pain.
You should only leverage in short term (really short term, maximum 2 days) or if you're 100% sure price will only go up from your investment start (and then you can close the position (or sell) if you see it starting to go down back to your starting point). Because otherwise you risk losing everything, as opposed to losing a percentage of your initial investment. Interest rates vary, binance for example uses an hourly rate of around 0.01% of your lent money (so you'd be paying 2 bucks for every hour you're using leverage and not closing your position, and giving back said lent money)

>>58447889
>>They build shit daily it feels like, and it's pretty badass stuff desu
like what?

>8 cents half a year ago
>3 dollar today and already on coinbase.
fuck you

>>58447866
I just bought a skateboard after 8 years off, just spent the weekend shredden and rippen. Meet me at the park broski we'll drink 40s and rip slappies

>>58447866
Look at dextools trending/hot pairs. For more degen plays look towards lower mcaps (this comes with more risk) or look towards higher mcaps that're more substantiated (less risk, less reward)

Okay eg chart reversal is going hard.

Could have bought last week at nearly $1k and been up 20% already.

>>58447855
Why invest in MSTR instead of BTC directly?

>>58447938
Up until very recently things like retirement accounts couldn't get direct exposure to BTC. Now with the ETFs they can, so things like MSTR almost certainly won't keep performing like this.

>>58447957
That makes sense; I forgot about IRAs since I don't see myself living past 60.
What is the point of non-IRA retirement accounts? Do they also offer some type of tax benefit? Or is it just that companies give employees safe harbors or match their contributions up to a certain point, so it's like free money, but you're forced into their system?

>>58447855
NGMI

>>58447790
dont listen to biz

>>58447790
the "Canadian Gold reserve"

haven't you learned from Michael Saylor yet you retard swingies

my folio is up 40% since 57k cause I sold the top and bought the bottom. Stay poor

we know true suffering bro

>>58447778
It's not crypto's fault that you're a pussy.

are you guys for real? I can hardly imagine people on a finance board making such terrible decisions

>t. lost 5 figures to DBC, REQ, DBI

>>58447770
Classic lift to double penner

>>58447770
It's almost too easy. Anyone who didn't buy sub-$60k is mentally challenged.

>>58447740
its our time now this market is ours

load up for the biggest run in history

>>58447740
Bull trap.
Next stop $35k

>>58447733
Also 5y timeline. Yikes, I remember buying every coin in 2021 there was a thread for and making 20x's like you wouldn't believe