TzT Bets

Discussion in 'General Discussion' started by BanedenHR, Jan 30, 2021.

  1. Velox

    Velox TZT Abuser

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    I don't know if the dollar weakening is due to direct inflation, the expected interest rate is the usual driver of currency changes, where an expected low future rate results in a weakening of a currency and vice versa. Maybe the FED is expected to keep interest low for longer than other countries, I have no idea.
     
  2. Utumno

    Utumno Administrator Staff Member

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    I don't know either I just rly enjoy JPow memes mostly (laughing until we're all carrying around wheelbarrows full of cash Zimbabwe-style)
     
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  3. Sear

    Sear TZT Neckbeard Lord

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    Kanmuk these baby PAPER HANDS snowflake investors are scared by rising bond yields bc they don't have DIAMOND HANDS.

    In seriousness, my understanding is that rising bond yields == higher interest rates == harder to borrow money == slowed economic growth == bearish outlook on stocks.
     
  4. Fais

    Fais TZT Abuser

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    So how does everyone feel about Forex Trading? I'm scared of trading currencies with margins. I have never traded on margin or short sold stocks. But it seems to me the USD is about to go up vs the EUR no matter how much money we print.
     
  5. Velox

    Velox TZT Abuser

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    8,252
    I have no hands-on experience with FX, but keep in mind that it's a very different beast from regular stock trading. We are currently in one of the longest lasting bull markets ever, so it's easy to get overconfident in your ability to pick winners when most stocks are winners. I saw this during the dotcom bubble, where many people quit their jobs to day trade, then lost half their life savings on the crash.

    FX on the other hand is a zero-sum game. If you haven't already, now is a good time to look up what that term means. Real currencies are not pretend-investment vehicles like crypto where everything can go up. 50% of the possible bets will always be bad.

    One idea would be to look for stock indexes / big companies who are set to gain on those currency movements instead. That way you can still get those sweet bull market gains (until the stimulus dries up and we might see another crash...).
     
    Last edited: Feb 27, 2021
  6. Red

    Red TZT Neckbeard Lord

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    25,392
  7. Samassi Abou

    Samassi Abou TZT Abuser

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    I’m not really interested in currency or commodity trading. I have a prejudice passed on from people like Keynes and Buffett that it isn’t ‘real’ investing. It’s just gambling for economics nerds. It’s probably related to what Velox said about it being a zero sum game.

    One aspect of trading in stocks that makes it more attractive is compounding. Like compounding interest, successful businesses that plow their profits back into their company grow exponentially. It’s definitely not a zero sum game.

    You could give it a try, but I suspect you’d need an education in macroeconomics to be successful.

    I’m not eager to buy stocks any more because the stock market feels bubbly. I’ve either got to just be patient and sit on my hands or maybe dabble in the complicated world of bonds.
     
  8. BanedenHR

    BanedenHR TZT Neckbeard Lord

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    im not badass enough for currency trading

    its hard enough trading currency on a vacation
     
  9. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    Did you guys know that if a particular stock doesn’t go up on a specific day it is because hedge funds are manipulating it with short attacks? I didn’t know that at all. I’m glad the GME saga has opened our eyes to things like this. Now I know why all the stocks I own don’t go up every single day. I was really struggling to understand how that could be.
     
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  10. Utumno

    Utumno Administrator Staff Member

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  11. Octavionn

    Octavionn Non-Financial Advisor

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    Utumno and Red like this.
  12. Sear

    Sear TZT Neckbeard Lord

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    Pal, there are some things we're okay with you not sharing with us.
     
  13. Octavionn

    Octavionn Non-Financial Advisor

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    Too bad. I thought it was funny to share. Lol
     
  14. Red

    Red TZT Neckbeard Lord

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    I have high quality piss that can be sold if needed
     
  15. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    Yeah. what's the market like for bottled urine? Big enough to design an NFT coin to ensure that it was peed by the dude who said he was going to pee it? If TZT was ever going to design our own crypto, it would be to trace hot guy piss. Let's be real.
     
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  16. Sear

    Sear TZT Neckbeard Lord

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    37,299
    Time to start aging our piss in charred oak barrels. This is a great 10-year hold investment with risk roughly on par with Chainlink. It's the get rich scheme TZT was made for.

    We're gonna age our piss in mahogany casks and sell it to rich gay dudes in the bay area. Forget tech ETFs.
     
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  17. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    Not "us". Just you, buddy. Have you seen how fucking ugly most of TZT is?
     
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  18. Sear

    Sear TZT Neckbeard Lord

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    I've already contacted BadlandsChugs to partner with him once we release our product.

    There is some risk to him actually still being alive in 10 years, so please encourage him to chug healthier liquids until that time comes.

     
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  19. Sear

    Sear TZT Neckbeard Lord

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    37,299
    tbh no bc I never click on the rl pics thread, but I love how savage you are lately Kanmuk. :dorkgrin:

    Who was that TZT poster that looked like a male model? Rummol? He'll be the public face of the company.
     
  20. Kanmuk_Sealclubber

    Kanmuk_Sealclubber Yes

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    We could market Tucc from the neck down, but his urine is a schedule 3 drug.
     
    Sear likes this.