/biz/ - Business & Finance

I Literally put all my money in BTC because you guys said it was the best investment and i was going to hold it, then i read on here about there being a double correction since it was already correcting and because Elons tweet will require another correciton. I bought yesterday and sold today at a 1K loss and put everything in TQQQ and am going to LEAVE IT. Now TQQQ is crashing right before my eyes

Why is this shit so complicated. Literally everything i put my money into tanks. I buy BTC it tanks, I sell it i put it in TQQQ, IT TANKS.

Literally everything

>>28297301
Are you sure mate ?

I'm the trust fund kid from yesterday who is given $5000 a month and loses a ton of it on stocks and stuff. I just lost another $10,000 yesterday because I bought a bunch of PUTS for GameStop and closed them on monday because it looked like GME wasn't moving but then it tanked today, i would have made $15,000 had I held onto it another day but. i didn't want to lose more.

I need advice i keep losing but i know in a bull market HODLing is the way. I liquidated everything in my portfolio and split it between two companies, GEVOs and MARA. Gevos is a biofuel company that i really like and Gates apparently likes and then MARA is a BTC and ETH mining company that i don't see how i can go wrong.

I plan on selling OTM options that are like 10% OTM that expire a week in advance, the premiums on these options collectively generate like 15% weekly but obviously you can still lose if volatility is too high.

Is this a good idea? I need to start gaining money like now. I'm 22 right now and for the past 3 years I've consistently halved my networth, in 2021 I lost 50% already.

>And before anyone says "fuck you im not helping you you deserve it rich people are scum" keep in mind I'm incel and have attempted suicide twice in my life. It's not all fun and games.

How will they demonize our descendants that profited from capital flight from the dollar? Will they call them crypto cunts?