/biz/ - Business & Finance

i knew it was a fucking scam

>missed another moon mission while holding BTC
>market cap up over 50B without any BTC movement

>>3454906
>watching the price during the fight
>thought to myself 'i should sell now'
>5 minutes later it started tanking
live and learn, i guess

>hold LTC since it's last ATH
>hold through all the gains other coins were having
>miss out on everything
>LTC tries for 50 and fails
>comes back down
>with a heavy heart, decide to get off at 43$
>immediately it turns around slowly
>then someone literally 1 week later comes along with 10s of millions of dollars and drives the price to 53$
>miss out on recovering my initial purchase
buy high sell low, right guys?

>It's another "You didn't buy the dip yesterday because it could have gone lower" episode

>great programmer
>current job involves large scale systems and distributed scaling
>interest in making a crypto currency
>be an american
>5-10 M a year to say complient
>serious risk of criminal charges if ANYTHING goes wrong
>which means if a politician doesn't like you
>which means no republicans

Crypto in America is so unfair...
Should I just get a H1B friend to start a company in Singapore? I can actually do that. I can make myself an employee who just gets paid, let them take on the legal bullcrap

I'm currently toying around with the NEO repo, moving it to .NET Core 2.0 and making it so that instead of generating GAS it makes more of the primary currency (so it would have a default inflation rate). If I actually went through with it, I'd probably go the Binance route of making an exchange to sap fees from you suckers and give a massive discount to my currency. Fuck this would take years to do, why does being American have to have so many fucking regulations?

>everyone made 50-200% gains these last few weeks
>instead I didn't sell my LTC at 52
>instead I decided to hodl so I wouldn't get burned
>still hodling
>got burned anyway

Everything.

>could have traded my LTC to BTC at 0.024
>decided to HODL instead because I'm already at a loss and want to stick to the strategy
>I could have regained all my losses and more a day later
why do I always make the wrong decision?
I hodl for now...

How much money have you lost in Crypto?

>buy into a coin
>it immediately reverses
Do I control the markets?
There has to be a reason that this happens every time

>>2677149
That's because the cap isn't real
The amount of people willing to buy vs sell is probably like 400M at best, not 100B
The "movement" you see is mostly bot trading which just slowly transfers wealth to the cypto creators through fees

ONE SOMEONE'S GOT TO BUY
TWO SOMEONE'S GOT TO BUY
THREE SOMEONE'S GOT TO BUY NOOOOOOW

LET THE BANCOR HIT THE (PRICE) FLOOR
LET THE BANCOR HIT THE (PRICE) FLOOR
LET THE BANCOR HIT THE (PRICE) FLOOR