Message from @PainSeeker5
Discord ID: 497120990338220032
the accumulated value of a project is quite high
hence why limited supply
Whats gonna happen is all the big dogs at wall street are going to sell BTC all at once and people like you and me will be stuck with a worthless currency
Who cares about its uses as long as I can put money and double it lmao
if you buy crypto
coins are intrinsically priced at the ordinal utility of the tech
Precious metals are always a safe bet though
Precious metals 🤔
No risk = invest in gold
Unless we find out a way to actually prove alchemy
Which is not very possible
eh its inflation proof
which is good
^
@PainSeeker5 not necessarily, I used to trade gold mining stocks all the time based on the fluctuations of gold price early morning
We used to have the gold standard
*goes to sleep*
But then it changed
actually the comex opens an hour before markets
so there's an exploitable inefficiency
but actually investing means to invest stocks bonds etc
if you're smart
its really sad how much the fiat system has taken over
NATO took down libya for wanting to back to a gold standard, for christ sake
If I’m smart
Then what
eh the USD is tied to Oil pretty much
gather price changes early morning for gold, windsorize the extremities, then run a GLS regression on a set of prices and find covariances between them
then find an inverse set of stocks
and there you go
look up 1974 Saudi Arabia deal
@Thule-Gesellschaft [☩] you make it sound simple, yet I don’t understand any of what you said
Sad
I just taught you how to make ~500-1000 a day in markets if you have around 30k
just google it
Imma screenshot it
the concepts aren't that complicated
If it was so easy anyone could do it
the ¨just graduated college and i know how to play the stock market¨ phase