/biz/ - Business & Finance

>>20946042
Nice. I lost $44,000 on margin yesterday.

>>20946042
now you are prepared to make three or four times as much on a succesful trade. welcome to hell OP

Do you guys realize that for every time someone wins, another person has to lose on the other end? We can't all be winners. And if someone wins BIG, many other people have to lose for it to happen. This is built in the very concept of competition.

>>20946108
Fuck.

In my village $8,000 you made it

>>20946042
based

>>20946108
that's literally how life works
sheep has to kill grass to survive and wolf has to eat sheep to survive
i need to eat normies to survive

>>20946430
based

>>20946108
Nope

>>20946430
That's the idea, but how are you so sure that you aren't a sheep for a bigger wolf?
>>20946459
Enlighten my darkness then. How can we all win?

>>20946108
Not true. Anyone can buy chainlink and hodl and win. Their greed, ignorance, and shortsightedness thwarts them, however

>>20946494
normies are the grass i'm the sheep but sometimes sheep like me get eaten by wolf aka whales and exchanges

>>20946108
do you realize the more people who buy in makes everyone else richer?

>>20946494
and there is no way to be safe from wolfs aside from using small leverages

>>20946108
Not true.
I buy LINK at $8.
Alice buys from me at $1000.
Bob buys from Alice at $2000.
Bob stakes his LINK and makes money.
There are no losers.

>>20946651
Yes, and it makes everyone else who didn't buy in less richer. Honestly I expected more from /biz/, though at least this anon >>20946619 is quite redpilled.

>>20946517
You realize if your wet dream pajeet fantasy comes true, you still need to sell your link at $1000 to someone buying the top, right Prakesh?

>>20946651
you are not rich until you cash out. Therefore, buying in doesn't make anyone rich.

>>20946722
>he thinks its a meme

because it's not trading it's gambling you degenerate mungus

>>20946430
Based.
>you had 2 years

Notice an implication of this meme? The supposition is that the wolves priced in and anyone who buys now is a normie buying the top

>>20946758
Doesnt change the argument. In this hypothetical, some poor loser is still BUYING a $1000 trade. Even hodlers are taking money from someone making a dumb investment at some point. It's the nature of markets. Dog eat dog

>>20946430
Why do I fuck sheep then? I don't get it.

>>20946836
Is it a loss if it goes to 1050?

>>20946782
no no no
the real wolf is sergay and whoever manipulated binance to buy at 0.0001 cent
we sheep who bought at 30 cent or less but still sheep, our grass are all the normalfags who bought above one dollar and keep buying at 8 lmao

>>20946108
Yep. I hate the pretentiousness of 99% of /biz/ pretending they give a quarter of a fuck about all these "projects". They bought something for a price, they want the price to go up, and they want to dump their bags on some poor bozo who will FOMO in at the priced in investment.

>>20946894
>sergey bought a couple million link for $200

This is still unbelievable

>>20946904
Nobody is pretending wanting anything but money, this isn't reddit

>>20946875
I mean if I buy amazon, Walmart or apple stocks, maybe I can get an 8% return at the end of the year if I'm lucky? Point being priced in assets dont provide very substantial returns

>>20947001
But its not a loss. Its not a huge amount of roi but its not a loss.

>>20946960
Moonboys often pretend their specific asset will alter the future and change the world. I dont mind people being honest and just wanting a sick return, but there's certainly a degree of hostility towards day traders that's very hypocritical from these people. They want to make some dosh at the expense of others and pretend they wont inevitably dump on someone at the top in their arbitrarily defined timeline

>>20947072
Meant for
>>20947000

>>20946108
Time to take an economics 101 lesson.

Trading is not a zero sum game.

>>20947092
only if you believe in unlimited growth
everybody would win at bitcoin if the price would just keep going up to new ath with no limit
but this isn't the case

>>20946042
>trading
NGMI

>>20947261
Ok moonboy. So you're a nocoiner? You need to trade whenever you cash out and transfer to your bank

>>20946108
That another person wants my money just as much as i want his so its fair play.
I did not come up to him and forced him to trade at gun point. No one is innocent in this game wheather its an aglo bot, bitmex trade desk or a sad wojak.

>>20946042
Im with you anon, I lost 300 dollars by buying btc cash at the top...for sure its not the end, I didn't sell, I hold but it's hard at the moment, I made the wrong trade, eth was more value for the same price...

>>20946108
>>20946430
These motherfuckers just GET CAPITALISM baby

if only those commietards and socialscums could ever understand that capitalism is designed around the law of natural resources.