/biz/ - Business & Finance

>>13858033
its never worth it to end it anon
life is a beautiful gift

>>13858033
>or should I just unironically kms?
If you don't know about BSV by now, it probably is your best option to kys

buy LINK you stupid chimp

how the fuck do you blow 5btc you retard.
with 5btc you unironically just have to HODL and youll make it in 5 years

LINK is cheap. Only a little over 1 dollar! Sometimes bad things happen for a reason. Trust the universe and do the needful

>>13858033
Post selfie with time stamp so you can enter The /Biz/ Pantheon Of Win

It’s a collage of caps posted from time to time celebrating anons who have managed to miss out on the single greatest bull run of the last 500 years

>>13858033
how old are you?
yearly income?
kids and wife?

>>13858033
Well, the good news anon, is that you will have a nice and fulfilling life of going to work everyday for the rest of your life. Other than that, I would def take out a loan for as much as I could and just get the fuck back in the game by going leverage long.

https://beta.forkdelta.app/#!/trade/0xb108c02a74e525ab0a59ccd3d208d2de4699a055-ETH

>not buying TRUE for 61% cheaper than other exchanges
>Doesn't know how to use real decentralized IDEXs
> Not shorting OKeX
No wonder you're poor

>>13858033
yes kys. no hope for you. even jesus hates you.

>>13858033
>>13858066

Unironically invest in shitcoins, OP. It's not worth the risk if you already have an investment in bitcoin but if it's your only option these coins regularly soar by 10x like MATIC did over the course of ten days.

Don't listen to the idiots telling you to kys. Never do that, as painful as it is, start from scratch. You will now subconsciously be smarter too, the bigger the mistake the harder the lessons automatically stick to you.

>>13858033
learn TA you pleb

>>13858132
kysing isn't that bad dude it's not like OP has as anything to live for now anyway. kys OP honk honk

>>13858064
Actually he would have ended up with 0. He’s talking about BTC, not BSV.

I’m

>>13858055
>>13858063
>>13858066
>>13858101
seriously guys just fuck you. I want to have a discussion not to hear fucking shills of any fucking coin, mit even link. I have adressed biz because noone of my family/friends understands any of crypto.

>>13858099
I thought about this too but Im way to afraid there will be a massive pullback once I go all in long

>>13858132
youre right. but Ive nothing to start now with...how could someone make it with $100?

>>13858080
27, I earn enough with my job to cover my expenses, nothing more. no wife no kids

>>13858154
....

>>13858101
Unironically good arb

>>13858101
Easiest 4 eth I ever made.

Stop looking for advices here. You'll most likely just get shilling and stupid replies. Actually, stop visiting this site. I do it once a week and I feel it's a waste of time already.

I've been in the same spot as you. I'm not rich, and lost a lot to liquidation on mex. Once 8 btc at once. All I had. I'm 28 too. Money is gone. Get over it. You're healthy. This is the best advice I can give you: be grateful for you are healthy, this is really the greatest joy and you'll only be grateful for that when you see people close to you not being healthy anymore.

Invest smart and rebuild your networth. You most likely are from a 1st world country like most here (not me) so this should be even easier for you. Killing yourself over this is very very stupid. Man up. All the best.

>>13858101
wish i knew about this last week but thx

>>13858033
Hahahahaha
>>13858101
Based and honk pilled

>>13858243
I know that in comparison to most people I am still in a very privileged position. nevertheless, it hurts so much right now. I appreciate your warm words a lot, thank you.

>>13858260
>>13858248
You forgot to change IPs this time you fucking pajeet

U would of lost everything since u weren't holding bsv

>>13858033
>starting from zero and slowly accumulate bitcoin till the next bullrun ~2025? I have no money to spend on it, maybe $100 a month.

well, 2 bullruns and you'll be where you started even with that. but better yet, find a better way to make money and invest more. investment/passive income only works after you've already made money, you need to do something to make it first

>>13858101
Nice
>>13858311
Stay poor ranjeet

>>13858280
Aww it’s okay my G! I Could donate you 3k if you’d like?? It’s not much but you seem sincere and pretty cool :D!

>>13858211
people become more and more shit the closer to 30 they are.

is your job stable? will you survive the coming recession?
if yes then do dating, ask honest questions, dont judge women to harsh, breed.

if there is litle money left for investing put it into eth before 2.0 release, there will be one PnD on the news of released PoS, if it works it will recover and get even higher after. don't short crypto, it's not smart since you cant predict flash crashs and 1k gains.

>>13858033
8 BTC into the bitmex wallet
Degen gambler

>>13858101
Wtf kek, thanks for the heads up

>>13858329
and thats the problem. I need like 50k now to reinvest it in BTC and forget about it for 2 yrs

>>13858033
you're a stupid faggot and you deserve your suffering.
don't end it, you should suffer for much, much longer.

>>13858346

>>13858211
Yeah take out a loan you gambling addict. You reap what you sow you moron.

Thank you OP for reassuring me in my former assumption
1) don't use leverage with crypto
2) one mistake can cost you everything

I agree op is a retard. We all make mistakes. Mistakes are ok if you learn something from it. Remember that, retard. Don't kys though please

>Leverage trading

Risk-to-reward ratio DEFINITELY worth it!

>>13858101
Nigga why is the abrbitrage so good. Unironically just made 2 eth

>>13858066
Buy coin sir

>>13858197
Kys pajeet

>>13858211
>youre right. but Ive nothing to start now with...how could someone make it with $100?

mate, that sucks. but just get in again, and again, and again. just accumulate. time is your friend, fren

>>13858101
kek i hope someone falls for this in the sense of natural selection. you're doing god's work, hamandeesh, keep it up

>>13858280
I can tell you from personal experience about what happened to me once and maybe you can find some solace in it.

At the age of 19 I had accumulated $12,000. It might not seem like a ton of money, but for a 19 year old kid it was my entire net worth. I was proud of it. And I thought I was a trading god.

I threw a short down with a x10 leverage because I was positive on the market direction. I was a god, I don’t need a stop loss, I knew what I was doing.

The trade was profitable at first. Then it started swinging the other way. My position was quickly at -20%. I told myself not to panic, it was going back to my entry and at that point I’ll exit the position as I didn’t want to press my luck.

I had to watch in horror as my position went from -20%, to -50%, and -75%. I can’t exit it now, this is my entire net worth. I had to keep the position open. And then the liquidation message came. Just like that the net worth I spent over a year building disappeared in less then an hour.

I felt physically sick. I couldn’t handle it. I wanted to cry, scream, shout etc. it was very difficult to stomach for the first week or so. But you know what happened? I realized my life didn’t change for the worst. I still had my friends and family and that $12k was just a number on a screen. It was like losing a big game, you feel awful and disappointed at first but eventually the feeing of despair fades. And from there, I started from scratch again. Started building up slowly, but surely. Most importantly, I learned from it. I no longer treat finacial markets like a roulette wheel.

It’s going to sting for a bit. You will look at your portfolio’s value and you will compare it to what you had and what could have been, but eventually you’ll reach the mark again where you once were, and eventually pass it. You can treat this as a valuable learning experience if you so chose to go down that route.

>>13858420
Oh wow okay hoe congrats on losing 8k in a day u fkin dumbass u deserve that shit u fkin virgin failure

>>13858810
ill take it if he dont wanna

>>13858101
Thanks for the this desu just flipped .3btc

>>13858101
based as fuck
easiest eth of my life

>>13858033
>my last chance of making it

Oh boo-hoo. No it wasn't. Everyone fucks up, but not everyone is retarded enough to kill themselves.

>>13858033
200 day moving average cross. golden bull run signal. halvening in 2020. still in blue in the rainbow. this is what you do. stop using bitmex, work and buy coins

>>13860173
this desu. if you manage to put in 1k, you'll be back to 40k by end of 2020 latest, probably this summer.

>>13858810
come on, everyone knows you wouldnt have done it

Play RDR2 and forget about things for a little while

>>13858033

Well at least you don't have any debt. I am 27 and I will have 70k student debt (also I am still studying).


See, my situation is even worse than yours.
Therefore, I might not have a right to speak here, but I will do, because I don't care and like to share my opinion.

You made a mistake in putting all your wealth into leverage trading OP. always diversify, lower your risk. Put some in bitcoin, some in potential 5x-10x coins, maybe some stocks and use the rest for trading.

Anyway, I hope you learned from this experience, so you will be more careful next time.
Build up your wealth again OP. Slowly, but surely, start taking more risks again when you can handle the losses.

>>13858033
>shorting an obvious ascending triangle
only on /biz/

>>13858033
buy chainlink you brainlet

Threads like this honestly scare me a bit due to how similar my life is to the op's
I mean, they SHOULDN'T scare me since I don't fuck around with margin, but still. What if the shitcoins I'm in which I firmly believe will lead to me making it, actually shit the bed and dump permanently? What then?
I never really realized before how important crypto is to my future, and how much hope it gives me; how chasing the dream helps me to keep going on day to day in this weary, tiresome poorfag life
I can't imagine having to start all over like op

>>13858101
just earned 100k eth based desu

>>13858033
It's only your last chance if you let it be

>>13858033
Using cross leverage is essentially 1x margin, so you might as well have sold on spot no? How can you be liquidated if the rise was only 10%? That doesn't make sense, can someone clarify?

>>13858033
look at it this way:
if you didn't lose this 40k now, you'd have lost it in the future. clearly you were gullible in this area. it's ok. most people are. the only way you can lose with btc is by losing it. if you didn't have this wakeup call now, you'd have lost it later.

you are way ahead, not only of all those people who are also at 0 but have no idea where crypto is going yet, but also ahead of those who have a considerable sum in crypto but haven't lost yet and still waiting to learn your lesson
you WILL make it if you stand strong.


invest back in as much as you can as fast as you can (but not more than you can afford to not redeem for years), 50% btc 50% eth nothing else then just

W A I T

>>13861463
with 100x leverage you're liq'd by just 1%

cross leverage IS dumb

>>13861870
oh, he didn't specify his leverage then? So he shorted at say 10x margin with 100% of his stack? So basically whenever someone trades on margin with 100% of their stack, that's cross leverage?

>>13861912
no cross leverage is unrelated to the fact that op shorted with >=10x leverage
using big leverage isn't necessarily (provably) dumb, like you could actually have a great idea about where the market is going shortterm

but cross leverage is provably dumb as fuck, just use less leverage and you're better off no matter what

>>13858033
greedy cunt

>>13861138
>What if the shitcoins I'm in which I firmly believe will lead to me making it, actually shit the bed and dump permanently? What then?
that's what will happen.
>>13858033
never lose more than 1-2% of your capital in a trade. That means you should have been out when you were starting to lose 120$. eh, that's why real traders dont trade crypto: way too volatile

Don't forget all you anons, this is what greed gets you in the end.

Sure, you might win a few trades maybe even have an entire year of success. But people who get overconfident will lose and it will only take a few bad trades in a row. Or if you're stupid one really bad trade