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>only $103,000 in cash, $14,900 in a mutual fund, and a measly $5,400 in crypto
>everyone else my age made hundreds of thousands or even millions in GME, AMC,
Doge, Shiba, Tesla, Eth, real estate, and SPACs Here's the short version...
I'm just fucking busy in general (I work and I'm tired ok) and don't have time
to keep up on crypto, memestocks, and other market trends. But I understand this
board to be somewhat in the know regarding those, so I'd like to hear what you
guys think about AMC. I don't browse this board often, but from my quick search
here, I get the impression you guys aren't into it anymore (i.e. that train has
come and gone - correct me if I'm wrong)
Basically - my dad (50s, gambles with stocks a lot, sigh) has been urging me to
get into AMC.... because apparently it's going to the moon and shit. Something
about a short squeeze. I remember that meme from a while back with both GME and
AMC, but, is this actually still a thing?
I ask him where he gets it from. Source = his coworkers, and a guy from Youtube
apparently. I ask him "who from Youtube". He tells me the channel name: "The
World According to Lou". >only 122k in liquid assets
>everyone else my age made hundreds of thousands in GME, AMC, Eth, Doge,
leverages index funds, SPACs, Shiba Inu, NFTs, and home equity
>everyone else my age has received multiple career altering promotions and are
now entering “senior” roles, everyone else my age has fully fleshed out resumes
with multiple important projects and now make 6 figure total compensation 
Okay, seems like some anons haven't figured it out yet so I'll spell it out. The
GME/AMC bagholder subreddits like /r/Superstonk have ~100,000 visitors every day
and most of them are absolute retards. You can easily use them to pump&dump some
tiny stock or coin and make a great profit. Or you can just fuck with them for
the keks and post the results here—show them how to make "genius" option plays
that in reality will fuck them. Your creativity is the limit. Just follow these
tips:
>Use correct grammar and punctuation with the exception of occasional ALL CAPS.
>The general tone should be that the system is rigged by Wall Street hedge funds
but you've found a way to exploit this for profit. You're now sharing this
secret knowledge but Wall Street is trying to stop you because it will make them
lose a lot of money. People who follow your plan will get rich quickly and stick
it to the man.
>Associate whatever you're trying to pump with an an extremely high share price
for GME/AMC. $100k to millions per share is not only realistic, it's guaranteed
to happen sooner or later.
>Provide simple, actionable steps but make it sound like they're the conclusion
of a very complex analysis. Pull up a variety of irrelevant statistics about
your stock/coin; multiply, divide and take geometric or harmonic means until you
get the result you want.
>Screenshot a chart, load it in GIMP or Paint and add a lot of lines, arrows and
text to "explain" your idea. Doesn't have to make sense. Upload the result to
Imgur and include it in your post. See picrel for an example.
>You can make up vocabulary if you want. The easiest way is to take two random
financy-sounding terms and add "swap", e.g. "dilution correlation swap", "profit
kurtosis swap". Here's a helpful dictionary: https://www.investopedia.com/financ
ial-term-dictionary-4769738 Imagine spending your life, money, and energy raising a child. Sending them to
school, watching them grow over the years, wondering how they'll turn as an
adult, hoping they'll grow up to someone important, a doctor, lawyer, scientist,
etc.
Then they go all in above 50/300 on AMC/GME and spends over a year of their life
ranting about hedgies and how they're going to be a billionaire any day now,
while being down at least 70%. While begging you every night to buy in "just in
case a moass". Hey biz, looking for some input.
The GameStop and AMC frenzy orchestrated by WallStreetBets forced the financial
industry and the media to pay attention to retail investors like never before.
They actually did good in bringing new investors who had never even dabbled in
the stock market before, and it worked so well that as with any kind of drama, a
Netflix documentary is even in the works. I would say the catalyst to that
movement was community action.
If you've heard of WSB then you've probably heard of their sister group SSB, the
crypto version of the wall street fan group. They've been working closely
alongside WSB for some years trying to bring this same kind of attention to the
cryptocurrency space. But with only 3% of the world actively using
cryptocurrencies, there is a lot of work to be done and they've just turned to a
grassroots styled campaign and launched a token.
Do you feel that this could be an effective tool in bringing awareness to
cryptocurrency? As time progresses, and the younger population ages, do you see
cryptocurrency growing bigger than stocks as the go-to financial investment in
the future, or do you think they will run side by side as giants?
I'm inclined to think cryptocurrency will ultimately have a bigger marketcap
because it's a new technology still undergoing innovations and changes, but it's
already attractive. And who knows how much more change may come for crypto as
time progresses.
How much time do you think it will take for crypto to have a solid global
presence? I haven't a clue, but I imagine governments will hinder the
progression for just a bit longer.
Let's get some discussion. I'm a 19 y/o with a net worth of probably 5k. Considering I've been holding
Shiba for quite some time, and sold AMC stock a while back, would it make sense
to buy more Shiba or get back into AMC?
I got AMC stock worth about 16 bucks last year, held for maybe 2 months until I
decided to sell once it got to 20 dollars, since I got impatient like the autist
I am. Woke up the next day and it spiked up to 60. I grabbed the TV remote and
started shoving it up my ass, as I was so angry, I decided to fuck myself for no
realistic reason, i don't even know why i did it, it was just something i did.
But going off track here, i was thinking about putting 1k on either Shiba or AMC
or split the 1k and get half and half for each one. Is this a bold move? Does it
make sense to get some? I mean the market is getting fucked right now, I don't
know whether to wait tomorrow for a maybe cheaper price or jump in.
Whatchu think /biz/ros, what would you do? >only 115k net worth because crypto is plummeting
>everyone else my age made hundreds of thousands or even millions in GME, AMC,
Doge, Shiba, Eth, Solana, leveraged index funds, Tesla, home equity, and from
their extremely generous 401k matches at their high status jobs
>everyone else my age effortlessly has more money than me with a higher income
while never even thinking about personal finance for a single second
>everyone else my age has an expansive social circle with a flourishing career
and nonstop opportunities due to their rapidly advancing skill set, everyone
else my age advancing rapidly in all areas of life going to concerts, bars,
sporting events, weddings, vacations, having sex, and making lifetime memories