/biz/ - Business and Finance

>>1296

whoops, if it doesn't hold 16-18, then 12-15, then some resistance around 10 and then 5-8. If it moves to 25 and starts pushing up might be worth trying to ride it to 30. Right now I wouldn't touch this.

not like i'm a pro or anything but using this style of TA has really helped me decide what's cheap and what's expensive. You have to have a concrete plan and stick to it in order to remove emotions from your risk management. Otherwise you'll make impulsive and undisciplined decisions which is never going to work in your favor, the competition you're playing against is far more professional than that.

>>1255

spoiler the picture, this is a Christian imageboard.

>>1830

A year old relic of the past since not even halfchan has these generals anymore.

>>1057

i don't know why you thought such a thing would ever go anywhere, especially on an anonymous internet forum.

you'd have infinitely more success panhandling at intersections honestly.

>>910

Right…

Reality check. All secret societies for success are exclusive by some degree. So who do you filter out? Race? Religion?Income level? IQ level? The ability to speak fluent Klingon?

Also, what's in it for the members? Do you have to pay dues? What are the material benefits for joining your super duper secret cult?

>The self-made man is a myth

That's false, I myself know people from my own family that were self-made men.

>>910

>greatest men in history

>Karl Marx

OP, you are hilarious.

>>1680

as of now yes very dead but it gives you a very good look into the past which is extremely useful for helping you place your decisions right now. you can see a post on the front page right now talking about btc at $200 and saying eth is a huge scam. take what you will from that, but i think if some of us vets from old biz can stick around here we could turn this place into something great.

>>1680

I occasionally drop by and post a thread or reply. Even if it's low activity I prefer it over 4/biz/.

>>1681

Yeah after sorting the catalog by date I notice there are threads from 2014. Wow. Compare that to 4/biz where threads can barely last an hour before getting bumped off by the incoming flood of new threads.

There are dozens of sites that archive half chan, is there something similar for here?

Posting this question in this thread since it's recently bumped. I was thinking about posting in the silver thread regarding the recent flash crash but I see the last time someone posted in that thread was 2015..I'm not familiar with the board culture here. Some places seem to think bumping old threads is some kind of loathsome evil and some have concepts like polite sage.

>>1686

The board is very small and was dead for a period of time, so there isn't much established yet (you can at least assume people are dissatisfied with 4chan's threads). Just exercise some judgement as to whether or not to bump an old thread or make a new one e.g just leaving a message or actually expecting a response from other posters in the particular thread.

>>1544

Thanks for replying, that's very impressive… I can't believe I missed out. I've just gotten into investing with crypto, despite having used btc years ago I never realized the potential value until now. Decided to put about 2k onto Poloniex to just play around with and bought up some Ethereum, Ripple, and Litecoin.

890% is some pretty insane profit. I'm really kicking myself in the ass for having missed multiple opportunity like this because I was too busy fucking around, but now I'm following the market nearly every day in hopes of finding the right place to put my money.

How do you discern between a "shit coin" and something that has an actual future? I see these posts from 2 years ago talking about Eth and Ltc which have both skyrocketed, and probably would have dismissed both as a PnD scheme if I was here back then. There's just so many different types of coins now, and I really don't know what I should be paying attention to when considering a new investment.

>>1545

They're all shit. The way to make money is the same with all assets, find something good that is abnormally cheap, and wait. Look at a chart to determine what was cheap and what was expensive, a chart is the best way to determine what price to pay (ppc hit 20c twice in 2013 and 2017, never sold for less). You're probably going to lose that money, not because of the asset, but simply because you're not paying attention to the price you're paying for it. When you go shopping do you just grab whatever and throw it in the cart? No, you analyze the price first. Same thing with markets.

Most these coins are overhyped shit. Just go to coinmarketcap.com, find something with a smaller market cap, look into it and determine whether you think it can appreciate. Although I've had mutliple coins totally collapse on me. I closed my poloniex and bittrex accounts; only coins I bother with now are Bitcoin and Peercoin. All these coins are getting pumped at the same time so trying to diversify within the crypto-sphere is pretty pointless. I don't care to do your due diligence for you and tell you which shitcoins to buy right now.

The perfect portfolio right now imo is, %20 gold/bitcoin %20 equities %30 bonds %30 cash.

The best way to learn how to trade properly is by losing money. You should paper trade for about a year before gambling real money. Have fun.

So which coin might become the next Ethereum?

I know about Emunie from 2013. I remember I was constantly lurking the bitcointalk forums and every week there was 2 new shitcoins introduced. I lately researched about Emunie again and they apparently renamed it to Radix and want to launch it officially in June. Will it be worth throwing in a few 100 bucks?

They claim it has a new kind of technology behind it and I believe for something to not turn into a shitcoin it has to have some different technology in it.

Then there is also maidsafe and waves. What do you think about those or do you know about other interesting projects as well? I am thinking about throwing a few grand in BTC into the altcoin casino.

>>1565

It's a bullish market right now. You can buy pretty much anything in the top 50 market cap on coinmarketcap.com and wait. But the game at the moment seems to be about picking the coin that's hot NOW, which then lasts for like 2 weeks, then pulling your money and putting it into the next coin. Of course you could just wait instead, but it's inefficient when so many coins are making 50%-100% gains basically every day. (Maidsafe and Waves were the talk of the sphere just a few weeks ago but lately you don't hear much.)

Example: I bought something like 3 weeks ago and it's dropped since. I'm not the least bit worried because I know it'll go back up and make money, but i could have made way more money in the meantime by investing in the coin of the week instead of leaving that money tied up.

Things also seem to switch back and forth between bitcoin and the altcoins every few weeks or so. When bitcoin is rising, altcoins fall, so smart money buys those. Then bitcoin falls a bit and the money gets pumped back into the altcoins.

As for which will become the next Ethereum, right now ETC (Ethereum Classic) is going nuts. But nobody really knows why, so I can't really make a recommendation. I do have money in it, but it could reverse at any time. Or it could go on to $100, who the hell knows. Don't get greedy but do keep your eye on it.

Okay gentlemen,

I am very interested in this Radix thing and I want to ask if any of you know more about this than I do. I know Radix from summer 2013 when I was lurking the Bitcointalk Forum every day in search of new and innovative coins. Back then it was called eMunie. Ethereum and Emunie are the only ones that sounded different from all the other copycat coins. Ethereum was launched long ago while Emunie was further developed and renamed into Radix.

Lately I have browsed about it again and I found out that Radix is planning an ICO in June 2017 or July. They are waiting for a Patent and when the Patent comes in, they will release the whitepaper, the sourcecode, the client software and start an open beta phase. Then after some time the ICO will happen.

From what I read so far the technology behind it is very promising. It does not use blockchain tech per se but some other ledger system. The algorithm is programmed to keep the price of RAD as less volatile as possible. Every time the market cap doubles, the holdings you have on your wallet will multiply by a factor of 1.5. The protocol appears to be able to process 2500 transactions per second. You can use a credit card terminal and create customized debit cards where your RAD is stored (hardware wallet). If a store has a CC terminal that accepts Radix, you could pay with your Radix in this store.

The founders of the project seem to be very dedicated and professional and instead of creating the next BTC copycat, they seem to have a desire for becoming the next VISA/Mastercard. The lead guy (Dan) gets much flak for rejecting other peoples help and always trying things his own way but for me he looks like someone experienced in this field.

So now after this wall of text I wanted to ask what you people think about Radix. For me it looks like the next ETH or maybe even the next VISA/Mastercard.

>>1249

It's better than stocks in the short term.

>>1250

The short term returns are so low you might as well not invest at all.

You'll probably say oh the risk is lower, but I don't want low risk. I want to make money.

>>1251

We're not talking about the same bonds. VCIT and VCLT have both outperformed the S&P 500 this year. AGG is low yielding and holds treasury notes. I know the flaws of bonds, I'm just stating they are an alternative to those that prefer safety over long term gains. If you want to make money, you should know what to do. Buy VTI on dips and never sell.

>>1225

Warren Buffet disagrees.

>>1191

My pleasure, the more I talk about it the better I understand it. You can't really trust the media to give you the truth, because if people understood this system they'd revolt. Central bankers are doing this in order to unify the world under a global banking system, which does make sense in the context of international trade (they're also getting filthy rich from it so ya know). It's really about building a framework for international trade by subverting individual economies, people wouldn't really do that voluntarily cuz of silly goyim notions like ethnic pride and whatnot. But still, it's pretty shitty for those who aren't part of that inner echelon to deal with, the mainsteam media brainwashing everyone is just insult to injury really. They're so afraid of being called out they do some pretty awful and irrational things. It's really a culture dominated by fear. I've grown to pity them.

My husbando Rickards vouches for land as well, I'm not sure how far into this deflationary epic we're in but yeah, assuming you have an appropriate location, the value of the land goes down but so does the cost of development. Even if you're losing money on the land, if you plan to develop on it you can do so cheaply and then really make out when inflation returns. Compare what you want to build on it with current prices for similar structures in the area, to get an idea if it's worth doing or not. Honestly your plan doesn't sound too hot to me, just going off the top of my head cultivating land for food is done outside urban areas, since urban areas come with ridiculous zoning restrictions and the like, and it's property in urban areas that will gain most of the appreciation in inflation, especially if you built on it for cheap during deflation. You'd be better off being more traditional about it, which is boring I know, but yeah, it's your money, do what you think is best with it.

Also, buy physical gold. Don't get gold contracts, there's a clause in most those contracts that allows them to close you out of it and give you the previous days closing price. If gold does go through a repricing event, most everyone holding paper gold is going to get closed out and won't get the price appreciation. Gold didn'tPost too long. Click here to view the full text.

>>1193

So long as you can build a new house cheaper than what one would already cost (and assuming prices aren't in a bubble), it's a no brainer.

I live in the US so all I have to worry about is when the dollar loses authority, it'll be gaining appreciation steadily until then. I'd expect other fiat to slowly depreciate against it, but it really depends where you live and how desirable the currency is. Cash is king in a low-yeild, overvalued world. And gold is pretty universal so no matter where you are you'll be getting the same price appreciation. If you wanna get really ballsy, buy some bitcoin/altcoins, borderless pennystocks ftw. Good luck with your stuff bro.

>>1174

They have recovered by now.

stocks lmao

>>1034

it's just price history, pay attention to where it was too cheap to sell and too expensive to buy. and whatever EL is it's not really a penny stock, it's held a solid $2-$10 range since the 90's. KBIO is a good example of pennystock-like behavior https://finance.yahoo.com/echarts?s=KBIO

i dunno anything about the company so do your dd, i don't own any. they could go bust at any point. like anything.

best place ato buy silver?

>>1079

just about anywhere really.

comparesilverprices.com has a good selection of online vendors.

>>1028

yeah you really have to go to the property itself and make sure it's worth what they're asking. you could probably offer 10k cash and get a deal. which for a developed land is a great deal, those are usually $30k+ depending on acreage and location. if the trailer's livable for another decade would be easy to save up the cash to build an actual house there. and the location doesn't seem bad looking at google maps.

if it's on city utilities, and they've been built/replaced within the past 10, 15 years that's not a bad deal. of course buyer beware, could go there and find out some trees rooted through all the septic plumbing or whatever and have to dig up/replace all that for another 10k. maybe it's abandoned and the pipes inside the trailer burst and flooded/rotted the inside, who knows. gotta go look at it.

anyway yeah, fixed rates are what you need especially in a volatile market like we've got today. wait for the stock market to crash, then i bet you'll be able to get some realllly good terms on a mortgage, and so long as your job is secured you can stay at a fixed 1-2% rate as your wages increase via inflation, win-win.

good advice on the credit as well, i should probably start using my cc again, there's a several year gap in my borrowing history. fed must hate me.

Buying HL was a good idea. I wonder whether to buy, sell, or hold.

I hope we get a recession.

>>1059

hold. bottom was 1.52 back in the '08 panic. unlikely to fall under 1.50.

most PM stocks rose with gold. it could dip back towards $2, but assuming the company doesn't go broke you're geared to get ~%500 return over the long run.

i'm just invested in this as far as my metals investing goes (and some physical in my basement) https://finance.yahoo.com/echarts?s=VGPMX

gonna enjoy dumping that ~$40. hoping to load up on some more around 6.50.

>>1060

also should note, gold/silver tanked during the '08 crisis and likely will again in this one. so ya know. keep that in mind, maybe keep some extra cash on hand to buy more in case panic sets in.

Ehem

>>716

the federal reserve has been manipulating precious metal prices for years. They don't want a precious metals rally to uncover their broken system

This is still good for the patient investor, once the lid comes off silver will go at least $400 an ounce, gold to $10,000

info on investing

discord gg/BFPRQ21

>>7

jmbullion, apmex, goldeneaglecoin, providentmetals, jmbullion, etc… you have to compare prices and shipping (if not free)

check your local coin shop, you may or may not get better deals

also, american silver eagles have the highest premiums. you get lower premiums on maple leafs, and even lower on less-well-known-brand rounds. for lowest premiums, consider 10 oz or 100oz bars.

Useless investment

Useless currency

Only going down

To many people selling fake silver

Nothing good about it

>>668

A quip on the china devaluation, it's not calling the USA's bluff. It's trying to balance it's economy and put itself in a more advantageous position.

The reasoning is that china wants more focus on their manufacturing sector and this tips the balance towards that

>>631

So how does the recent renimbi adjustment factor into what you said?

>>675

yeah i'm gonna cease namefagging because i really dunno what the fuck i'm talking about

apparently the 'adjustment' was a result of the chinese gov't ceasing some artificial pressure they were putting on it, so the current movement is actually a natural process rather than some kind of further regulation.

all the smart money in china bailed out before the crash, so perhaps allowing the renminbi to float more freely is china preparing to take a more long-term stance?

i'm still paranoid about a gold-peg behind their currency, only because that'd be a deathblow to fiat money all over the globe and China is the only country positioned to do that. it'd allow them to displace the US entirely. although i'd figure Russia would want a cut of that action.

I should really finish reading Currency Wars.

Just a question dudes… after lots of year of works… I saved few moneys and moved them to a swiss back. converted to swiss franc.

I'm scared about the strong euro… it's skyrocketing, and usually after a skyrock there's the black hole.

So do you think swiss franc will be a safer place or not ?

I'm also pretty sure that Germany will exit from the euro and this will damage all other lands in the eurozone.

I'm a 50 years old man, with 2 childrens, i wish to escape from where i live to go to another country more safe and with more good laws and less taxes.

where i'm living … the globalization power is destroing everything… not very fast but day by day, hour after hour…

there's a place safe in this fucking world ?

forst time i come here.

I will back in the close future if anyone wish to help me.

I'm really a good person… I understand that this power is a cancer for us humans…. I want only to save me and my family.

please if someone know and whis to give me some good directions… answer back to me, you know how to do i'm sure of this.

i'm also a good music producer…

I smoke marjuana.

I'm free… like you.

I agree with your concept of free liberty … sorry for my bad english… that's true that i'm 50 and in the land where i live there are not a lot of mans of my age that have my knowledge.

love & light

>>629

>What else could they possibly pull out their ass to keep the market from correcting?

a global "pandemic" lol

<

I

T

Blah

Breh

The United Arab Emirates is undoubtedly one of the most desirable destinations for property chasers from all over the world. People are coming here to find lucrative investment opportunities or comfortable homes for permanent residence and seasonal holidays. If you are one of these people, check out Emirates.Estates.

web: https://emirates.estate/