Impressions after 5 years of trying to "make it" in a crypto bear market that seemingly never ends, and a stock market which pumps or dumps on lies or no news at all, benefiting only 90 year old insider trading billionaires who can't spend it and pat themselves on the back for being """successful"""stocks >are actual dogshit, /smg/ is a genuinely worthless general of retards trying to make 10% on the dumbest shit imaginable, whenever there's a stock that could save their bacon they fud it relentlessly then fomo the top, then become a cult afterwards acting like in hindsight they all knew what was going to happen like Captain Hindsightstocks are a horrible scam where you think you're buying low but the CEO just filed to dump all his shares on you because he got insider info the stock was being banned or something, only the top 10 actually pump and you can't get rich on them, system is designed to trap you as a baggie "long term investor"crypto
crypto>full of annoying baggies holding ancient shit that never pumped, the only way to make money fast, it has insiders but it's so diffused that when insiders force a 10x exit pump you can get out at 6x and run away, holding your chest as small heart attacks pound at your sanity, crypto miner stocks were also great, there are way too many stupid poor people trying to scam you on "goes to zero" plays to ever put more than a few thousand in though, but when you find that 20x it makes back your losses- the only setting where having a stop loss actually fucking mattersprecious metals>/pmg/ basically the same as /smg/ when shit is going up "it's time for silver to go to 500 and the economy to crash, I'm going to be rich" and when it's flat "well I'm a STACKER, enver selling! It's actually a HEDGE against inflation, not a plan to get rich" but will slavishly hold at a loss trying to reduce their DCA for literally 10 years- the meme of "waiting 20 years to break even", they hate gold mining stocks until they're doing crypto 10xesOther shit>retards trying to scam other retards into buying cards and skinsIf I went back and did it over, it would be "job, second job, sidegig" and make as much capital as possible to absorb losses on shitcoins, eventually I'd get a 100x. All in all a waste of time.
Oh and very importantly- I see /smg/gers sometimes say "I don't get crypto, stocks have real things like earnings reports". Earnings reports literally do not matter at all, if a company the hedgefunds want to go up posts a bad report, the media will spin it as great news and pump it. Stocks with great earnings get massively sold off because it's "already priced in" even though the stock has a lower marketcap than a stock that's in the same industry with 10% of the earnings. It has no basis, things like RSI, TA and P/E only matter if some hedge fund wants them to matter, it's basically eyecandy and window dressing for autists trying to make sense of a fundamentally illogical, fake and gay system.Crypto is infinitely easier to follow because it's down, it's october, then later it'll pump when bitcoin and the wider market pumps, then have a bigger pump if "news: crypto coin rumoured to be adopted by large bank". Stocks will literally dump on good news.
>I'm poor and unsuccessful because of them """them"""Poorfag mentality. You're never going to make it.
>>62746049People like you spend all day on 4chan spamming specifically because you are either perpetually unemployable or literally an indian subsisting off of pennies.
>>62746058Ha. My former employers wish I would come back to work.picrelated is what I do with my free time now. You're the one that needs to get a life.
