Ignore This Investing Principle at Your Own Risk

Part-Time Chad

Part-Time Chad

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Once you start hearing people praising an asset, be it "Bitcoin", "Nvidia", "commodities", or "Florida real estate", its days of making parabolic gains are numbered

That's it.

So, if talking heads on the news are shilling these assets, rest assured that you're too late to the party. The big gains have already been made. That's exactly why you're hearing about these assets, or they would have never become popular to begin with. Get it? You're basically the fool, who's embarking on a gold rush, after the gold has already been mined.

So, now that everyone knows about "Bitcoin", for example, you're going to have to share its future gains with the masses. Had you invested in Bitcoin before all these bandwagon-jumping faggots started plowing money into it, you would have enjoyed those gains for yourself. In other words, you needed to invest in Bitcoin when 80% of the public hadn't even heard about it, and another 15% thought it was too dangerous to invest in. That's when you could've make life-changing money. Once that window of opportunity closes, you're going to pay for performance with time (as opposed to risk). In other words, it's going to take you 5 years to make 10X gains on Bitcoin, when you could've made those gains in 5 months in 2017.

In fact, I would go as far as saying that, once an asset becomes so popular that you hear about it, that's your sign that you need to avoid that asset, because it's either about to crash, or it's going to have poor performance going forward. This is exactly the opposite of what all the morons do (plow money into it).
 
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Once you start hearing people praising an asset, be it "Bitcoin", "Nvidia", "commodities", or "Florida real estate", its days of making parabolic gains are numbered

That's it.

So, if talking heads on the news are shilling these assets, rest assured that you're too late to the party. The big gains have already been made. That's exactly why you're hearing about these assets, or they would have never become popular to begin with. Get it? You're basically the fool, who's embarking on a gold rush, after the gold has already been mined.

So, now that everyone knows about "Bitcoin", for example, you're going to have to share its future gains with the masses. Had you invested in Bitcoin before all these bandwagon-jumping faggots started plowing money into it, you would have enjoyed those gains for yourself. In other words, you needed to invest in Bitcoin when 80% of the public hadn't even heard about it, and another 15% thought it was too dangerous to invest in. That's when you could've make life-changing money. Once that window of opportunity closes, you're going to pay for performance with time (as opposed to risk). In other words, it's going to take you 5 years to make 10X gains on Bitcoin, when you could've made those gains in 5 months in 2017.

In fact, I would go as far as saying that, once an asset becomes so popular that you hear about it, that's your sign that you need to avoid that asset, because it's either about to crash, or it's going to have poor performance going forward. This is exactly the opposite of what all the morons do (plow money into it).
yea that's called using retail as EL jfl
but imo btc is still good to invest in, especially now. the supply is running out across various exchanges.
(only if you got a lot of money, if you're broke you should gamble)
 
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yea that's called using retail as EL jfl
but imo btc is still good to invest in, especially now. the supply is running out across various exchanges.
(only if you got a lot of money, if you're broke you should gamble)
Bitcoin is "good" to invest in, but its days of parabolic gains (e.g. 100X in 6 months) are over. Now, you'll have to pay for those kinds of gains with TIME. So, it'll 'cost' you decades to make 100X.
 
The same with career choices. If someone says that specific career pays a lot and requires little training, it's a red flag that it will pay average salary once you end your training or soon afterwards.
 
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true, mirin thread, actually good decent info, rare on this forum nowadays
 
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So how do we go ahead? Mining is not profitable for poorfags, most degrees will get automated in the next 10 years, stocks are slow as fuck, big corporations are the only ones capable of creating state of the art AI, making an old style business like restaurant sucks since at least 20 years ago

It just seems like the only answer is crime, there are no low hanging fruit remaining, we are at the end game of this civilization match, it's over
 
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So how do we go ahead? Mining is not profitable for poorfags, most degrees will get automated in the next 10 years, stocks are slow as fuck, big corporations are the only ones capable of creating state of the art AI, making an old style business like restaurant sucks since at least 20 years ago

It just seems like the only answer is crime, there are no low hanging fruit remaining, we are at the end game of this civilization match, it's over
 
The same with career choices. If someone says that specific career pays a lot and requires little training, it's a red flag that it will pay average salary once you end your training or soon afterwards.
EXACTLY! Thank you.
 
So how do we go ahead? Mining is not profitable for poorfags, most degrees will get automated in the next 10 years, stocks are slow as fuck, big corporations are the only ones capable of creating state of the art AI, making an old style business like restaurant sucks since at least 20 years ago

It just seems like the only answer is crime, there are no low hanging fruit remaining, we are at the end game of this civilization match, it's over
You're either going to get ahead by paying with 'time' (taking years to accumulate a nest egg), or 'risk' (you can make a killing very fast, but risk losing your shirt). There's no free lunch.
 
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You're either going to get ahead by paying with 'time' (taking years to accumulate a nest egg), or 'risk' (you can make a killing very fast, but risk losing your shirt). There's no free lunch.
What are some risky stuff besides gambling
 
Depends, some assets are cyclical or can even spike randomly irrespective of attention.
 
Depends, some assets are cyclical or can even spike randomly irrespective of attention.
True. For example, I invested a few thousand in a small gold mining company. It's a cyclical industry, so this stock could spike in value quite sharply, before plummeting again. I'm hoping to take advantage of cyclicality.
 
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good thread i agree

bitcoin is finished anyways
 
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good thread i agree

bitcoin is finished anyways
I wouldn't say it's "finished", but its days of 100X gains within months are long over; it'll never happen again.
 

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