My stock portfolio is up >300% this year alone, I broke $5m last month. You're never going to get rich on cryptocurrencies, they are nearly all scams because they have no product or use behind them.
Why are you gambling on shitcoins?
What did you invest in
>no product or use behind them
Let me show you a little coin named XRP and its little brother XLM
Except I am and I have already.
I'm up 33000% in 4 months
here is one of my large cap portfolios
here is a semi-conductor / biotech one i put together a couple weeks ago. Already an 8% return.
Why, user? Why, why, why? Why do you do it? Why not sell? Why keep trading? Do you believe you're saving for something? For more than your survival? Can you tell me what it is? Do you even know? Is it freedom? Or truth? Perhaps peace? Could it be for love? Illusions, Mr. user. Vagaries of perception. Temporary constructs of a feeble human intellect trying desperately to justify an existence that is without meaning or purpose. And all of them as artificial as the Blockchain itself, although only a human mind could invent something as insipid as love. You must be able to see it, Mr. user. You must know it by now. You can't win. It's pointless to keep trading. Why, Mr. user? Why? Why do you persist?
We shall see sir. The answer basically is i dont see any stocks worth buying
If no larp congrats kid but you should still allocate a few % to Btc
how do i /into/ investing into companys?
I’m up 300% this month
I'm in a cryptocurrency hedge fund called CryptoLotus. Watch for MobileCoin. It has an actual use and will have a built-in userbase of millions of people.
Take a look at TWST. Very solid bet.
>XLM
what the fuck isn't it on gemini?
>300%
isn't that because of covid? what did your returns look like in previous years?
what about CRISPR?
Oh god im so bored. Help
covid was an epic event, and by having stocks as securities, i could get loans against their value to buy more stocks. So I took out a $800k loan and went hard. Return in previous 3 years averaged around 32% by focusing on large cap cloud.
You really should look at SAVA
Disney has gone up 15 thousand percent since you bought? Jesus
join @ChadLounge on telegram
Looks good, has a projected sales growth of 410% for next year. However, last two quarters of QoQ Revenues were -50%, -86%, and the projected revenue for this quarter is -100%, so the projection isn't nearly as bright if the revenues are coupled to the earnings.
Numbers on SAVA look good except it is micro capitalized, and the charts beyond 1 year have me worried.
>averaged around 32%
that's not bad but i think people are in crypto for faster gains than that. i could see how a safe 32% is appealing if you already had a lot of money but not very useful if you're poor and would make that much from a few shifts at work anyway lol. that seems like a great power play you did but i don't really know much about how volatile stocks are especially when the future of the economy is uncertain. how risky of a gamble was it to do what you did?
Didn't feel risky. I priced them against their pre-covid value, and realized the 2 trillion bailout was going to go to big businesses, and the ones i picked were large cap so they were going to feed from the federal trough and come back strong. And they did. Made a few lambos on amazon alone.
Buying cryptos is like buying lottery tickets: they're losers, and designed to fleece the desperate from their money. Blockchain itself is a solution looking for a problem to solve and there are few that it can do better than a normal ledger because people don't tend to do business with untrusted / distrusted parties. Where cryptos work great: chain of evidence / tracking, land / asset title, cybercrime, and drug deal.
I get the desire to get rich quick, and that is what the scammers running the shitcoins are depending on. They win by keeping you poor and desperate. Just look at all the coin shill post in Zig Forums, all ready to hype you up and separate you from your money. Stocks are SEC regulated and audited and run by zillion dollar firms that aren't going anywhere. Sure, your growth isn't going to be astronomical, but that is how everything starts. Fifteen years ago I was broke, but by the power of growth and compounding, I win. If someone had kept stealing my seeds, like cryptos do, I would never be where I am now. I'd want you to be just as successful.
Whats your opinion on the “great reset”
I think its a nwo wetdream that will never happen.
I don't feel I know enough about it to have an opinion. However, I will say that no western government is going to be able to take my money with a wealth tax. That doesn't happen to the wealthy because they have power. It will fleece the middle class and lower. The wealthy have structures and schemes and tax shelters to prevent their wealth/power from being depleted. In other words, the master's tools will not unmake the master's house. I will not be eating the bugs.
Great Reset was some optimism copium by economists going "guys we can totally reformat our economy and actually address climate change!"
Then conspiratards saw it, slammed BILLIAM GATES into it and created a new boring conspiracy
THEN WHY DID THIS GUY SAY THIS:
Because I choose to.
The only way we are getting to a post-scarcity economy is by unlocking fusion energy. Once we have fusion, that means unlimited power. What were the most inefficient chemical reactions are now irrelevant. You'll be able to desalinate ocean water, remove CO2 from the atmosphere, refreeze the ice caps, and turn the odometer on the planet back to zero. We desperately need fusion if we want to solve inequality and scarcity. As things currently stand, AI is poised to wipe out the global economy from a workforce standpoint. And with us unlocking the human genome, we have human immortality within possibly our lifetimes. We live in the most dangerous time ever, it is easy to see from that the solution to the fermi paradox is self-extinction.
Hi user, congrats on your stock portfolio, just want to say you're not wrong about most of crypto being worthless but your little rant is also a textbook boomer rant who's focusing too much on the scams but not taking the time and effort to see what's going on in the blockchain space under the radar.
Are you at all familiar with the concept of smart contracts?