/biz/ - Business & Finance

Everyone and their dog wants their cult crypto to do a 5-100x and they promise everything about "diamond hands, apes together strong" or whatever retarded meme shit they say, but they start wailing and crying when they end up 10% in the red and panic sell their entire token holdings.

For the noobs who disagree with me or don't understand, here's a simple (example) formula to making money in crypto and stocks:
> Buy a risky low-cap, get your 80% gains and cash out 20% of those holdings into a mid-cap
> Once your risky low-cap starts slow rugging, sell the rest (make sure to have a stop-loss right at your buy-in price to prevent loss of money) into the midcap
> Rinse and repeat the above formula for the mid-cap, but this time, roll the mid-cap into the high-cap of your choice
> Once you're all-in on your high-cap, gradually cash out when it goes up

There, congratulations, you've made money. A lot less anxiety inducing, and smart money approach. You won't get rugged ever again and you won't be joining the 95% or so that end up losing money in crypto instead of making money.
> Chase the liqudity, not the x's, and you'll come out on top

Housing is priced to whatever the market can bear. Also, I've never heard of a wage increase to the rate of inflation in the history of working, nor shall I grant one.