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/biz/ - Business & Finance


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19502207 No.19502207 [Reply] [Original]

This thread is only for people who are net negative. How much have you lost? For me, it's $3500 (realized), from a combination of FOMO and panic selling. I feel like shit.

>> No.19502264

HODL is an old meme you dingus. If you’re hodling then stick in the top 5 coins and forget it. All successful traders follow the 1-2 strategy. When you sell at a loss, you lose 1% of your capital. When you sell at a win, you aim for at least 2% gain. Even a 40/60 win loss would be profitable. A 55% win rate will make you a millionaire quickly.

>> No.19502296

>>19502264
I lost 4.4% of my portfolio in this trade. I traded emotionally and got wrecked. Feels bad.

>> No.19502341

>>19502207
I have lost -25000


;)

>> No.19502347

>>19502341
Fuck off, winner

>> No.19502459

>>19502207
I wagied very very hard in a third world country, made 735 USD in 3 month, quitted the job invested all in bitcoin, since there I've made others 800 USD plus and hold in total 0.52 BTC now.. so es I didnt lose anything.. never trade, always accumulate

>> No.19502546

>>19502207
poorfag

>> No.19502570

>>19502546
Yeah, feels bad, man. My portfolio was $80,000. Now $76,500.

>> No.19502606

>>19502570
wtf if I had 70k I'dput 65k in bitcoin and use the extra 5k to move to USA and wagie there make some more money and literally retire, live in a van or something live in a very non expensive life and that's it.. americans have life so easy man.

>> No.19502622

>>19502207
2000$
But in total about 8000$

>> No.19502624

>>19502606
I think Bitcoin is gonna go down though. Buying now is buying the top

>> No.19502684

Takes a while to overcome it, op.

I lost 200k from panic fomo bullshit, tries and failed to Kms, but then did some serious brainwork and recovered. Turned 7k into 500k since then.

>> No.19502688

Do you think the value in fiat is safe? We might see the highest inflation of history due to the adoption of Universal Basic Income by different governments and financial sectors. VID.camera very well explained the need for Value Income over Universal Basic Income. We need more such ecosystems.

>> No.19502714

>>19502684
>Turned 7k into 500k since then.
You absolute savant. Respect. How did you do it, if I may ask?

>> No.19502805

>>19502207

ANON!!!!!! I lost exactly 3.5k as well.
I'm just done buying scams. Yes it feels shitty, but lessons learned. I lost it last week, cried and thrown up realizing how much i lost. Really.

Im just staying in top coins from now on and hodling. When i trade now, i only trade 25% of my whole stash.

Just stay out of crypto or practice having strong hands hodl

Best timeframes to trade is the 3 daily. youll sleep and live a lot better. take a look at a monthly chart. youll be fine

>> No.19502839

>>19502296
Recognizing the problem is the first step, and I'm serious. Now you know, over time this will dissipate to the point you laugh at losses.

>> No.19502853

>>19502606
Are you Canadian?

>> No.19502860
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19502860

>>19502805
Thank you for sharing your tale, fren. I hope you recover your 3.5K and make a lot more.

>> No.19502940
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19502940

Buy XGM Grimm, Dirt cheap at the moment.

>> No.19502968

>>19502853
no

>> No.19502986

>>19502940
I thought this was a pump and dump

>> No.19502994
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19502994

>>19502207
10K gone, down 55% to date. I’m seriously ending it on 6/30. Did you get a climbing rope off Amazon?

>> No.19502998

i was down 1k (unrealized) but now am up 3k (also unrealized)

>> No.19503017
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19503017

>>19502207
I've lost almost $64k. But I'm confident in the coins I hold now so I'm not worried.

>> No.19503031

>>19502459
Hey bro, what's your strategy? I Aldo have a limited amount $1700

>> No.19503042
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19503042

>>19502994
>I’m seriously ending it on 6/30
Don't do it, fren. There is more to life than money. You can make it back. And even if you don't, there is more to life than money. Life is worth living even just for the simple pleasures, like enjoying a tasty meal or breathing fresh air on a sunny day. Hang in there, buddy.

>> No.19503075

>>19502994
>ending it over a measly $10k
How about I give you $10k to quit being a little bitch?

>> No.19503105

>>19503017
>That massive growth in the begining
How much did you start with? Or was that growth from you funding your account with fiat? What coins are you holding now?

>> No.19503252

>>19502207
Last time link went to 0.01
I panic sold and missed the boat
Lost 20k

>> No.19503254

>>19503105
I invested around $10k throughout 2017 and cashed out $90k in January 2018. Then I jumped back in a few months later and up until now with even more fiat. I'm 60% ETH, 30% BTC, and the rest is in mid-cap coins.

>> No.19503288

>>19502714

Shitcoins, mostly quant in my case but there are a bunch of others that move.

Impossible until one overcomes their emotional shit and can stick to their plan without interference from others. One trick is to not go on forums. Obv not stare at other charts etc.

>> No.19503321

>>19503288
>One trick is to not go on forums.
So fucking true. I was on stimulants and browsing /biz/ when I made the dumb decisions that lost me the $3.5K. FOMO'd after seeing "What the heck was thay?!?!" Threads and sold when the board was flooded with red wojaks. /Biz/ is poison for the emotional trader

>> No.19503439

>>19503075
The is the kind of sad money can’t fix. I made it in medical device sales, but too much aspergers to date or touch a boob. I’m going to be in my mid 30’s soon. Time to go.

>> No.19503465

>>19503075
Nobody just gives someone ten grand either.

>> No.19503473

>>19502207
Similar story, about 3k lost trading on leverage
I was brand new to the scene and cocky.
Learned a hell of a lot since then

>> No.19503530

>>19503439
>The is the kind of sad money can’t fix. I made it in medical device sales, but too much aspergers to date or touch a boob. I’m going to be in my mid 30’s soon. Time to go.
It's not too late, buddy. Plus, life isnt just about sex and friends. I'm sure you have hobbies or interests. Even just watching movies is reason enough to live

>> No.19503539

>>19503439
Take a sex vacation to Southeast Asia once this corona bullshit is over. You don't need to die a virgin.

>> No.19503605

>>19502207
About $40k aud

It was $250k once and I fell for the hodl meme and also didn’t want to pay tax.

Ended up claiming my crypto Against tax as losses so I’m not too phased. I’ll get this back money when crypto booms again

>> No.19503682

>>19503539
Kek. I’ve been a gym rat for 16 years and look/dress decent. I’m not going to pay for it.

>> No.19503721
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19503721

>>19503605
>when crypto booms again

>> No.19503758
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19503758

>>19502207
Haha get fucked loser

>> No.19503794

>>19503758
>Bragging obnoxiously about babby gains
>Having open longs at the top
Anon, I...

>> No.19503823
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19503823

>>19503794
COPE
O
P
E

>> No.19503900

I was down $500 but than I found MINDS and I'm already up again.

MINDS = Facebook on Ethereum It's on Uniswap, GO GO GO!!

This gonna be the next 100X moon riser, and it hasn't even started...

Long Story Short: Ethereum-based social network Minds now has 2.5 million users

- Few days ago Vitalik was calling for an Alternative Decentralised Social Media, in the decrypt article
(https://decrypt.co/30290/vitalik-buterin-trump-twitter-clash-need-alternative)) they give some hints and they first mention MINDS: "Meanwhile, crypto-based social media platform Minds is also reportedly growing its user base"

- Then decrypt posted some follow up in this article, since this is a parabolic growth in their use base:
"Ethereum-based social network Minds now has 2.5 million users" (https://decrypt.co/30386/ethereum-based-social-network-minds-now-has-2-5-million-users))

- Until last week, MINDS had absolutely no liquidity on Uniswap because no one wants to sell their tokens, right now theres a few tokens available on Uniswap:
https://v1.uniswap.exchange/swap/0xb26631c6dda06ad89b93c71400d25692de89c068

Don't wait too long folks grab some while you can, because theres not much available!