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/biz/ - Business & Finance

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13558857 No.13558857 [Reply] [Original]

A friend of mine told me about the Business & Finance board on 4chan and convinced me yesterday to buy a small amount of coins on coinbase (www.coinbase.com).

I bought £600 of coins less than 24 hours ago, split evenly between Bitcoin, Ethereum and Litecoin. I had to eat something like £9 in fees to buy the coins. Then the price tanked and I'm at £570. I have attached a picture to this post so you can see my current balance. I'm going to sell my coins for fiat to prevent further losses and will need to eat another £9 to do so.

So, in less than 24 hours, with so called "main" coins during a bullrun, I have lost £40 on a £600 investment. I hope you people understand why most normal, financially savvy people don't go anywhere near crypto-coins.

>> No.13558863

>>13558857
this happens in stock market as well
do you ever invest?

>> No.13558864

>>13558857

hahahhahahahaha kys normie

>> No.13558865

>>13558857
This is what you get for not buying Bitcoin Cash

>> No.13558867

>>13558857
spent that last £0.49 and fuck off!

>> No.13558878

>>13558867
I made a mistake and bought Ethereum classic instead of Ethereum so had to sell it and rebuy the correct coin, which was quite annoying and not well explained. Presumably classic is the original, but apparently not.

>> No.13558909

>>13558857
lol, you are a clown
you lucky to even get coins for your lousy investment- just think how much stock you can buy with your 600€ - not 1 fucking stock and who buys and sells within 24 hours

you do something wrong- stop shitposting on this mongolian shitbard

>> No.13558918

>>13558857
I don't know what movie you've been watching that has a stock market graph that is a straight, diagonal line upwards but I'm fairly sure it's inaccurate.

>> No.13558928

What a bellend

>> No.13558941

>>13558918
Loses approaching 10% during a stock market bull market are not normal.
>>13558909
£600 is a small investment, true, but I wasn't willing to risk more and now i have cold feet. Nothing wrong with that.

>> No.13558944

>>13558857
>coinbase
This must be bait!

>> No.13558954

>>13558941
If you already got cold feet after one day you invested too much.

>> No.13558961

>>13558857
>you mean I cant retire off my day 1 investment after 24 hours?
>y-you guys are idiots!

>> No.13558975

>>13558941

I'm not quite sure how 30 is 10% of 600.

>> No.13559017

>>13558878
lmao either 10/10 bait or literal retard

>> No.13559028
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13559028

>>13558941
option 1: You are LARPing and really got some (((you)))s in your thread.
option 2: You're serious and are complaining that an asset which dropped 80% over the last years completely surprises you and drops 5% in a day after rising 45% since January. Research before you buy.

>> No.13559088

>>13558857
>A friend of mine told me about the Business & Finance board on 4chan and convinced me yesterday to buy a small amount of coins on coinbase (www.coinbase.com).
>I bought £600 of coins less than 24 hours ago, split evenly between Bitcoin, Ethereum and Litecoin. I had to eat something like £9 in fees to buy the coins. Then the price tanked and I'm at £570. I have attached a picture to this post so you can see my current balance. I'm going to sell my coins for fiat to prevent further losses and will need to eat another £9 to do so.
>So, in less than 24 hours, with so called "main" coins during a bullrun, I have lost £40 on a £600 investment. I hope you people understand why most normal, financially savvy people don't go anywhere near crypto-coins.
or you could wait 5 hours or maybe 3 weeks and be up 200%. your choice faggot, buy high sell low like retards do

>> No.13559108

>>13559017
just a troll

>> No.13559117
File: 557 KB, 1440x2960, Screenshot_20190423-235833.png [View same] [iqdb] [saucenao] [google]
13559117

>emotionally attached
>doesn't do research to buy from coinbase pro
>blames everyone else
My uncle's a Jannie and I'm gonna have him trace your ip for a lifetime ban

>> No.13559126

>>13558857
the volatility is the reason it's so profitable.
thanks for the money though, appreciate the dump.

>> No.13559131

>>13558878
ahahhaha...i hope you lose everything!

>> No.13559138

>>13558857
If you can't afford short term loss please kys

>> No.13559147

>>13559017
>>13559028

Why there guys, I searched google (www.google.com) and I think he is not larping seriously

>> No.13559166
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13559166

>>13558857
I kek so hard that I shattered my pants.
Kys normie

>> No.13559168

>>13558857
Fuck yourself and die

>> No.13559191
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13559191

>>13559166

>> No.13559195

>>13558857
That's a poor bait. Or you are fucking stupid

>> No.13559657
File: 731 KB, 1440x2880, Screenshot_20190508-125210.png [View same] [iqdb] [saucenao] [google]
13559657

>>13558857
>600 quid
What a cute amount of play money, Anon. Is this your first time trying to have your money work for you?

>> No.13559702

>>13559657
>Is this your first time trying to have your money work for you?
No, it isn't. I get around £3,500 a month in rent from two properties I own.

>> No.13559721

>>13559657
Put that TRX on NKN or some small cap that isn't going to be ERC-20 forever jesus christ.

>> No.13559732
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13559732

>>13558857
Get satoshi'd faggot

>> No.13559774
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13559774

>>13558857
Hands weak.

>> No.13559790

>>13558857
ahahahahahaa
thanks for the money retard now fuck off

>> No.13559796

>>13558857
Go fight your retarded friend who actually believes in /biz/
We are just here for lolz and keks and eventual bear and bull or pink green wojak’s circus shows.

>> No.13559806
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13559806

>>13558857
fuck off normie

>> No.13559814

>>13559657
Damn why some of you guys are so rich?

>> No.13559834

>>13559814
>121k
>rich

>> No.13559885

>>13558857
Should've bought your crypto currency coins from revolut

>> No.13559887

larping with style

>> No.13559920

>>13558857
Good job OP
Buy high sell low
/biz classic

>> No.13559923

>>13558857
Go write this bullshit in your diary or your facebook and then go fuck yourself normie cunt.

>> No.13559953

>>13559920
This guy was a classic /biz/
That’s how he got “chosen” to invest.
His friend saw something in him, he saw potential for infinite pink wojaks.>>13559920

>> No.13559958

>>13559834
Rich relatively.

>> No.13559970

>>13559834
i know right, that's a lot of money geez

>> No.13559984

>>13558941
Get rekd pussy

>> No.13560181

Lol I lost 500$ in a day margin trading on Bitmex. Some people have lost 100k $ there in a couple of minutes.
Before you buy anything check the price history.
What did you fucking expect..

>> No.13560189

>>13558857
Thank you for your contribution.

>> No.13560232

Fucking amazing. Guy thows money into speculative asset without doing research or even bothering to look at current events, complains about a standard broker fee, loses 5%, and blames the market for his losses.

Truly incredible. No way this is bait, this is baby's first speculative investment. You should sell now, you don't belong here. Your kind buys at new ATH.

>> No.13560241

>>13558857
>not using coinbase pro on wallet
>buying with credit with 10 punds fee

sorry OP, YOU are retarded

i THINK ITS YOU WHO ASKED IF YOUR DOLLARS GET INCORPORATED IN BITCOINS CODE

HAHAHAHAHAHA

>> No.13560255

>>13560232
YEAH THIS WHAT THE FUCK IS HE DOING ON BIZ ... ooooh his friend!

what a fucking friend

he must be the most retarded on this board

>> No.13560278

>>13558857
This is bait, my brainlet anons

>> No.13560304
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13560304

Beta AF

>> No.13560401

>>13558857
To be honest you're going to lose at least half by the end of the month

>> No.13560432

>>13560401
I sold out already at a £40 loss, so no, I'm not going to lose at least half.

Lot of negativity from a bunch of basement nerds who think £100k is a fortune.

>> No.13560505
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13560505

>>13560432
>invest £600
>loses £40
>sells all
>claims that £100,000 is not a "fortune"

>> No.13560620

>>13560505
I'm such a newbie in crypto investing and yet I strongly suspect that I'm doing better than most of you here.

I'm down <10% from my initial investment and have now cashed out. What about you lot?

>> No.13560630
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13560630

OP, sell all your coins and buy LINK while you can

>> No.13560676

>>13558857
Damn look at all these replies in here. Nice bait. Well done.

>> No.13561023
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13561023

>>13559834
Considering I started with sub 4k in 2017, it's quite the nice development. I played with literally every scam that was advertised on /biz/. Lost a lot of money, earned a shitton more. I always didy own due diligence and never put money into shit that made no sense to me.

>> No.13561032

>>13558857
>Expecting gains in a day
>jewbase

Back to the mcdonalds buddy.

>> No.13561300

>>13561023
pls give more info on your trading tactics, im interested

>> No.13561311

>>13558857
Nice LARP. Obvious you fomo'd in yourself faggot

>> No.13561522

>>13561300
Not much to it really, I made the most eth with powhcoin and it's successor projects, as well as fomo3d. But honestly it was sheer luck that these projects got the hype they did. The Tron I hold is for their next thing which apparently comes out soonish. We'll see how well I'll fare with that. But all in all: just make sure you understand the projects you throw money at from a deep technical perspective. If something makes no sense to you or you get unsatisfactory answers from the developers, don't go in.