Guys I have finally got my first Rack at 17. Do I invest or gamble!

[2414763h]

View attachment 3894115

No I don’t want to move to Dubai.
The only thing they’re is the low interest which they will be forced to increase eventually due to they’re situation.

 

[2414763h]

It was around $800 back in 2020 when the markets dipped from covid. I got in at the right time and saw nvdia explode with AI. I want to keep holding incase AI really takes off, but I can guarantee you the market is in a bubble.

//SubSigma

What does a bubble even mean?

 

[SubSigma]

What does a bubble even mean?

It means the market is overvalued, and is either going to crash, or stagnate to more reasonable prices. People say that AI right now looks similar to the .com crash from the 90s. Back then everyone knew that the internet was the next big thing and just threw their money into anything internet related. AI looks the sane way, but im pretty sure Nvdia is going to remain a monopoly for the next few years.

//SubSigma

 

[2414763h]

It means the market is overvalued, and is either going to crash, or stagnate to more reasonable prices. People say that AI right now looks similar to the .com crash from the 90s. Back then everyone knew that the internet was the next big thing and just threw their money into anything internet related. AI looks the sane way, but im pretty sure Nvdia is going to remain a monopoly for the next few years.

//SubSigma

I’m too dumb I have no idea what that means. I hate being a retard, I can’t fully grasp information like this that can help me.

 

[2414763h]

It means the market is overvalued, and is either going to crash, or stagnate to more reasonable prices. People say that AI right now looks similar to the .com crash from the 90s. Back then everyone knew that the internet was the next big thing and just threw their money into anything internet related. AI looks the sane way, but im pretty sure Nvdia is going to remain a monopoly for the next few years.

//SubSigma

So a bubble means:
-X is overvalued.
-Which means it will crash or stagnate and decrease to more reasonable prices.
-Then your own personal views

 

[SubSigma]

I’m too dumb I have no idea what that means. I hate being a retard, I can’t fully grasp information like this that can help me.

Just use AI bro. Machines are advanced enough to think for you now.

//SubSigma

 

[SubSigma]

So a bubble means:
-X is overvalued.
-Which means it will crash or stagnate and decrease to more reasonable prices.
-Then your own personal views

Basically

//SubSigma

 

[2414763h]

Just use AI bro. Machines are advanced enough to think for you now.

//SubSigma

I know I can but that is so defeating because it seems other humans can learn and grasp these complex concepts but I can’t so it makes me feel useless without a machine.

 

[JohnathanPickleton]

Title FR

have fun with that shit bro anything you win from gambling youre just gonna put back and lose and $1000 is not much too be investing unless you have a steady source of income and can add onto it

 

[2414763h]

have fun with that shit bro anything you win from gambling youre just gonna put back and lose and $1000 is not much too be investing unless you have a steady source of income and can add onto it

Alright bro

 

[Foreverbrad]

It means the market is overvalued, and is either going to crash, or stagnate to more reasonable prices. People say that AI right now looks similar to the .com crash from the 90s. Back then everyone knew that the internet was the next big thing and just threw their money into anything internet related. AI looks the sane way, but im pretty sure Nvdia is going to remain a monopoly for the next few years.

//SubSigma

The only difference between then and now is that these companies forward PE is actually not that insane (current PE is insane) so basically if the AI expansion does play out as analyst forecasts these high prices are justified.

AI does have potential to dramatically cut costs but the unemployment it’s going to cause if used that way might literally end society.

It is not like previous technology revolutions where humans were freed up from menial tasks to do more productive but mentally demanding tasks. It basically makes humans useless in a lot of cases.

But then again, most jobs are adult daycare at this point anyway.

 

[2414763h]

The only difference between then and now is that these companies forward PE is actually not that insane (current PE is insane) so basically if the AI expansion does play out as analyst forecasts these high prices are justified.

AI does have potential to dramatically cut costs but the unemployment it’s going to cause if used that way might literally end society.

It is not like previous technology revolutions where humans were freed up from menial tasks to do more productive but mentally demanding tasks. It basically makes humans useless in a lot of cases.

But then again, most jobs are adult daycare at this point anyway.

Damn should I understand all of that.
I mean I am retarded so I don’t know what you just said.
Should I be worried

 

[fezzz]

Title FR

save

 

[PsychoDsk]

Cop some $NPC
or $SEI for easy money