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[Copypasta]The real power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Remember, if you lose 10% a day over several days you’re actually losing less money as time passes. This is what people mean when they talk about the power of compounding
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go 🚀🚀🚀
Lets dumb this down for you apes:
- Let's say 5 banana's currently cost 10 dollar
- One ape on the market has 5 banana's
- Snake asks to borrow 5 banana's for a bit and instead sells the 5 banana's thinking price will go down soon (shorting). he thinks he can buy them later for less and give them back to ape, so he make's profit on the difference.
- Group of apes notice what stupid snakes are doing and decide to buy all banana's on the market until snakes have no other choice than to buy from the group of apes in order to return what they borrowed
- If group of apes stay strong then price will go 🚀🚀🚀
I couldn’t tell you what half of the companies in my portfolio do
I couldn’t tell you what half of the companies in my portfolio do or even what the ticker stands for...but you better believe I’m jacked to the mf’ing tits in every single meme stonk that you crayon eaters have been pumping. CHOO CHOO MF’ER.
I couldn’t tell you what half of the companies in my portfolio do or even what the ticker stands for...but you better believe I’m jacked to the mf’ing tits in every single meme stonk that you crayon eaters have been pumping. CHOO CHOO MF’ER.
Wallstreetbet's Christmas break
Gonna be checking the market every chance I get while pretending to think my brother-in-law's Cards Against Humanity answers are funny.
Gonna be checking the market every chance I get while pretending to think my brother-in-law's Cards Against Humanity answers are funny.
Bloomberg terminal vs toilet trading
Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.
Imagine spending 20K on a bloomberg terminal and thousands on hardware just to get smoke checked by some retards on the toilet trading on their phone that are not only on the spectrum but might be the actual spectrum.