This is what normies actually believe

national average savings account interest

0.57%

Pls kill yourself you fuckinf buffoon

My interest rate is 4.7% right now, dunno what the fuck kinda account are talking about. Obviously if you are absolute horseshit with your money and go out of your way to find the worst possible place to put it, then you will lose money, yes. Same goes for bitcoin, I'm sure the guys at FTX were super happy to beat inflation.

bragging about a 4.7 apy

You are a buffoon

about consistent, reliable 20% growth.

lol
bitcoin is personal offshore
many people have no alternative to bitcoin

I am not bragging, I am just pointing out the fact that he was entirely incorrect when saying that fiat is guaranteed a loss each year. The buffoon is the person who lies, not the person who corrects the lie.

Besides, that is what a risk free rate looks like, compared to the high risk that crypto offers. Different pros and cons, you can decide for yourself what you prefer. I just don't like it when people make ridiculously wrong claims like that bitcoin somehow offers the best of both world of risk/reward, when actually it is extremely lopsided.

I get > 20% using a robo investor platform (wealthfront) which basically just invests in the S&P and somr in some other specific categories to diversify.

Even on a 5 year timeframe you're looking at a nearly 20% per year if you only held VOO.

Bitcoin is low risk.
Only people that don't understand Bitcoin think it's high risk, that's literally their entire problem.

Sure buddy.

everyone is seething at this post because they have a 3 figure portfolio and anything less than a gorillion percent gets them nowhere. For an adult's portfolio of at least a million, 10% consistent returns is enough for a comfortable lifestyle.

Inflation is at least 10% a year. If you’re holding cash long term for 4.7% how can you call anyone dumb? Even dumb people make 10% a year on the s&p 500

if you're young and poor, take risks

This

on the other hand, linkies were young once

This. The 20% returns are on billions of dollars so that is like 200 million profits.

Any retard can get lucky and make 100x-1000x with low amounts of capital. When you get very rich like the investment firms you are dealing with so much more capital and so liquidity becomes a problem and makes it harder to get bigger gains (percentage wise, dollar gains wise they are still mogging you)

Literally just buy bitcoin

Ignoring crypto, this is still totally doable with the wheel strategy, which is something that pretty much everyone who knows about options already knows about. Just don't be an idiot with what stocks you pick. Even if you just stick to shares it's not that hard to find good growth stocks that will give you over 20% returns every 4 out of 5 years if not more. I'm assuming that's what this guy means by consistent. Why are normies so financially illiterate?

By selling covered puts/calls with a delta between 0.2 and 0.3 on smallcap stocks and have been making 40-50% p.a. for years. Even when I get assigned I just keep selling above my cost basis and make a little less from that position for a while.
It really is baffling how simple it is when you get used to it but everytime I have tried to explain it to normies either their eyes glaze over or they think I am trying to scam them. They are never going to make it.

true
you are behind on things. holding national currencies is the risk. bitcoin is the not-risk. holding national assets is the risk. holding bitcoin is the safe haven.

please explain to this normie

consider myself an investor

i dont actually watch the charts except to time a sell

im horrible at maths

i buy all my coins just to farm airdrops in unicorn.meme

never went to college

im still making more than the average wall street bastard

let them eat their cake op

neets ITT think picking pennies in front of a steamroller is genius
he's right

t. r/buttcoin

You have to go back

even 20% is unrealistic without taking significant risks

Just put your money in TQQQ

not him but at least from my understanding of options, when you sell covered position be it a call or put (calls are basically longing/buying with leverage and puts are shorting/selling etc) your generating income for yourself off of the premium (aka funding rate) for holding the position. the only thing is that your upside is limited. You'd only really want to do this if your focus is generating income or if you expect the market to be ranging.
what he means by delta, at least from my understanding, its the volatility of the asset. as in a delta of 0.2-0.3 means an change of 2 to 3 dollars for every 10 dollars of the stock (12-13 dollar expected bound from every 10 dollars).

tldr - basically capitalizing on the lending rate mechanism offered from options. you can do the same thing with leveraged tokens or currencies as long as you remain delta neutral (carry trade)

Because BTC is extremely high risk.

if btc is high risk, and USD is constantly down against BTC, wouldnt that turn USD into a super high risk asset?

Literally everything he said is verifiably true. There is a difference between descriptive and prescriptive by the way.

nice, thank you

we aren't living in 1992 anymore.
The only way markets return to historical averages is if inflation does too and not by the hocus pocus of an ever changing weighted group of commodities which conveniently exclude the things that rise in cost the most.

can't qualify for a home loan unless you make $140k/yr

average house is now $500-600k

$100-120k down payment for conventional 30yr

This doesn't even include institutional grade investors.
There's no where else to put your money for most people except for stocks and crypto.
So yeah 20% returns will continue to be consistent until something breaks and resets because there's no stopping the inflation train.
This should be apparent to everyone.

explained it already very well. For more info look up the "Theta gang strategies" playlist from kamikazecash on youtube.

I'm okay with 10% CAGR with my $300k portfolio. I feel like only people with who don't have much chase crazy returns. The more you have the less you take risks

in the context of restaking, you can easily get 20% while waiting for your coin to pump..
i restake Fil and Flt on Parasail and it's pretty good

You can literally read the amateurism seeping out of posts like this. It's actually quite annoying
Anyways returns distributions are fat tailed, 20% is not a rare return accomplished by only an "extremely small" number, it's not even statistically extraordinary.
No it is not. Introduce yourself to something called beta and risk adjusted return. Go ahead and run the numbers, bitcoin pays you so well for your risk, on a risk adjusted basis it is actually favorable to SPX.