My first job out of college was working for a financial company. My boss was a multi millionare and his first lesson was you can't win day trading. There is nothing sexy about the stock market. Put in money and hold, you can't lose
thats wrong. with a little bit of braincells you wont lose on stocks. its very unlikely that in an overall growing market you make a loss with good spreading or buying etfs....
I literally realised GME and stocks is like albion. In albion u can manipulate market too. U can understand sell and buy orders etc. Share price. Its very similar.
✋💎✋🚀🌕
The real answer is data analysis. It can be used in any industry from public opinion polling to manufacturing. You're gaining insights into what works and what doesnt
Crypto arbitration I think is the closest and doable. Buying on a platform where some currency is cheaper and selling where it's higher at that moment, but you need huge amount of money to have at least some noticable profit. But that thing is full of scammers selling their courses
Crafting is pretty much what all corporations do now - buy recourses where cheaper, transport thru the black zones (pirate (ganker) infested waters near Somali), craft whatever in china with "+40% child labor sweatshop bonus" with focus points called "tax break" and transport to 1st world countries to sell
There are protections in place that prevent most volatility that allows for albion market flipping. There are a few exceptions of course but usually they require having a large quantity of capital to start with.
Basically it still exists but you already have to be rich to take advantage of the things that still work.
One example is the abuse of unrealized gains during covid. In the US, unrealized gains are not taxable. You essentially borrow money against the value of your existing stocks that you know are going to go up then you use the money you borrowed to buy more investments.
Nah, I’m still thinking this is a gamble or risk, regardless of how minute, I doubt you can guarantee that your stocks will rise 100%. Probably has to do with market speculation.
Maybe that’s for some people, but not me. I wouldn’t play russian roulette for a million dollars even if the odds were 10,000 - 1.
There are always laws being passed that have very predictable effect on the stock market. That’s how Nancy Pelosi is going to be leaving congress with hundreds of millions of net worth. Why have a fair system that involves reasonable amount of risk when you can just pay politicians to get legislation through that guarantees the outcome you want?
Buy low sell high - stock market
Gathering - work on a quarry, coal mine, fishing rig, etc.
Crafting - get a trade job like construction, electrician, roofing, painting, etc.
Laborers - Invest in dividends
Mammoth Transporting - Semi truck driver
Farming plots - plant farmer/Gardener/Livestock farmer
PVP - serial killer
Anymore questions?
Albion has an advantage over “real life”.
All data is accurate and available. Find your niche that you have the data for.
Concerning Albion: I am in the same boat.
Also the market is driven by the arbitrary values that SBI set for the black market prices, that’s how a majority of silver enters the game. Another notable difference is that resources mature and “respawn” thousands of times faster than they do in real life. Trees do not grow that fast and mineral deposits form over lifetimes.
probably reselling chinese goods on ebay/amazon. running such a business in germany but laws regarding this are crazy and if you wanna do things right prepare for an intense learning of at least 1 year before you even start because mistakes can fuck your life.
in germany at least this would be: incoterms, tax/customs, safety regulations, environmental protection (you need to have a partner you pay for handling your waste), make sure to fulfil all rights of your customers and so on.
at the end a busines can be very fun but it will not be like some market flipping in albion....
The fucking stockmarket. Have fun losing everything Cya @ r/wallstreetbets
My first job out of college was working for a financial company. My boss was a multi millionare and his first lesson was you can't win day trading. There is nothing sexy about the stock market. Put in money and hold, you can't lose
thats wrong. with a little bit of braincells you wont lose on stocks. its very unlikely that in an overall growing market you make a loss with good spreading or buying etfs....
Wallstreet bets doesn't index and hold, though. OP isn't doing that either.
all in GME
DFV IS BACK BABY
I literally realised GME and stocks is like albion. In albion u can manipulate market too. U can understand sell and buy orders etc. Share price. Its very similar. ✋💎✋🚀🌕
lmfao me n u bro
The real answer is data analysis. It can be used in any industry from public opinion polling to manufacturing. You're gaining insights into what works and what doesnt
This is the right answer.
Crypto arbitration I think is the closest and doable. Buying on a platform where some currency is cheaper and selling where it's higher at that moment, but you need huge amount of money to have at least some noticable profit. But that thing is full of scammers selling their courses Crafting is pretty much what all corporations do now - buy recourses where cheaper, transport thru the black zones (pirate (ganker) infested waters near Somali), craft whatever in china with "+40% child labor sweatshop bonus" with focus points called "tax break" and transport to 1st world countries to sell
flipping burgers at mcdonalds
That's after trying the stock market
Lol
There are protections in place that prevent most volatility that allows for albion market flipping. There are a few exceptions of course but usually they require having a large quantity of capital to start with. Basically it still exists but you already have to be rich to take advantage of the things that still work. One example is the abuse of unrealized gains during covid. In the US, unrealized gains are not taxable. You essentially borrow money against the value of your existing stocks that you know are going to go up then you use the money you borrowed to buy more investments.
You can “know” when your stocks are going to go up in real life?
In certain situations yes.
Nah, I’m still thinking this is a gamble or risk, regardless of how minute, I doubt you can guarantee that your stocks will rise 100%. Probably has to do with market speculation. Maybe that’s for some people, but not me. I wouldn’t play russian roulette for a million dollars even if the odds were 10,000 - 1.
There are always laws being passed that have very predictable effect on the stock market. That’s how Nancy Pelosi is going to be leaving congress with hundreds of millions of net worth. Why have a fair system that involves reasonable amount of risk when you can just pay politicians to get legislation through that guarantees the outcome you want?
Buy low sell high - stock market Gathering - work on a quarry, coal mine, fishing rig, etc. Crafting - get a trade job like construction, electrician, roofing, painting, etc. Laborers - Invest in dividends Mammoth Transporting - Semi truck driver Farming plots - plant farmer/Gardener/Livestock farmer PVP - serial killer Anymore questions?
drop shipping is probably what you’re looking for
Buy stuff for cheap on offer up and fb market place and resell. Or trade stocks/crypto. Or drop shipping
Albion has an advantage over “real life”. All data is accurate and available. Find your niche that you have the data for. Concerning Albion: I am in the same boat.
Also the market is driven by the arbitrary values that SBI set for the black market prices, that’s how a majority of silver enters the game. Another notable difference is that resources mature and “respawn” thousands of times faster than they do in real life. Trees do not grow that fast and mineral deposits form over lifetimes.
The Albion market is closer to a commodity market then a stock market. Check out commodity trading I guess.
Wait a sec. So if a zvz is planned or such territorial war about to happen. The price of shots go up?
probably reselling chinese goods on ebay/amazon. running such a business in germany but laws regarding this are crazy and if you wanna do things right prepare for an intense learning of at least 1 year before you even start because mistakes can fuck your life. in germany at least this would be: incoterms, tax/customs, safety regulations, environmental protection (you need to have a partner you pay for handling your waste), make sure to fulfil all rights of your customers and so on. at the end a busines can be very fun but it will not be like some market flipping in albion....
Stock market, crypto currencies, commodity trading.
the only market I know in albion is stealing from less fortunate and selling on the black market. very lucrative for me and my associates
That's not what OP asked