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/biz/ - Business & Finance

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12997414 No.12997414 [Reply] [Original]

and then lost nearly all of that during the bear market before i decided to sell. this board loses you money. none of these coins are good investments. this market is built on volatility, the best thing to do right now when all projects are dead is to just look for a hollowed out chart and ride it up. protect your capital at all costs but dont become a fan of the actual coin no matter how good it is. that has only lost me money. it may be a good project but its a piece of shit degenerate investment, as a trade though, it can be lucrative.

>> No.12997423
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12997423

>>12997414
>he sold

>> No.12997430

>>12997414
You are losing because you are looking at these coins as short term investments.
Play the long game and accumulate as much as possible for a decade, maybe more.
This does require you to be sure of your steps

>> No.12997443

>>12997423
now im in because this is easy money right now but im not stalking projects, just looking for good charts with catalysts and riding that up to fib levels then selling. i think getting into one project is really dumb, some of these are going to do well long term, but that isnt until the market is much more mature. overall most things look like a good buying opportunity though

>> No.12997456

>>12997423
now im in because this is easy money right now but im not stalking projects, just looking for good charts with catalysts and riding that up to fib levels then selling. i think getting into one project is really dumb, some of these are going to do well long term, but that isnt until the market is much more mature. overall most things look like a good buying opportunity though

>>12997430
that doesnt work when a market moves as fast as this one does

>> No.12997474

>>12997456
It's working. I avoided buying, mostly, during the bull run.

>> No.12997522

>>12997430
lol long term in a market as new as this. Noone knows if this market will even be around in 5 years and everyone saying something else is lying.

>>12997414
learn to trade and dont get attached to shitcoins.

>> No.12997537
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12997537

>>12997443

Thoughts on REQ?

Chart is bottomed out but project is very much alive.

Did a 40x in 2017.

>> No.12997564
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12997564

>>12997430
>loses 99% of value in 1.5 years
>j-jus HODL bro.... our i-investments are solid. Just hold for 23 more years

Never change bizlets

>> No.12997648

>>12997537
havent looked at the chart, look for volume, resistance and fib levels and set a stop loss. either way i tend to look up $req or on twitter and see what the consensus is also after looking at a trade, if there is too much buzz im usually skeptical but if its a healthy amount of buzz and its sitting at support you're usually pretty safe.

there are so really good lesser known twitter accounts you can follow which will pretty much just make you money as long as youre using a stop loss and shit. but desu this market is so hollowed out now that its easy to make money as long as you are being mindful about protecting your capital and BTC making major moves in either direction

>> No.12997720

>>12997537
but desu i try not to trade the coins that are shilled incessantly on like reddit and 4chan

>> No.12997745

>>12997648
Can you mentions ome of the twitter accounts? Thx man.

>> No.12997752

>>12997430
>using pnd coins as investments

wew lad

>> No.12997769
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12997769

>>12997414
Maybe youre just retarded?
Im all in on link and have done fine.

>> No.12997792

>>12997745
This. Which users give sound advice?

>> No.12997893

>>12997745
i like @yazcrypto @theeurosniper probably the most, @hsakatrades @thegemclub @cryptomaestro are all decent to be aware of too, but yeah the first two i posted are really good. there are more out there also but yeah using the twitter search function for cryptos ($omg $eth $btc etc.) is pretty helpful just to see current thoughts on a coin. you have to sus out yourself what is bullshit,hopium, people trying to pump bags theyve just bought etc. but yeah twitter is helpful.

as for general market sentiment twitter and 4chan are good too, when people were shitting their pants about eth being 80 dollars a couple months ago thats a big buy sign

>> No.12997913

>this board
>if I blame others for losing money, I'll get it back

>> No.12997947

>>12997414
I agree that biz, especially after 2017, is nothing but paid pajeet call center shills. A new coin every few weeks, just depends who pays I guess.

Anyone that listened to the oldfags on biz would have made 40000% gains on Verge and XRP.

>> No.12997976

>>12997913
no, i definitely blame it all on me. i just checked biz for the first time in a long time today and i think they way people most people are approaching this market probably isnt the best