/biz/ - Business & Finance

>>21786337
invest more goy

>>21786337
Not sure is serious but you're supposed to buy and forget. Its not gambling its investing. The future is crypto, your 10% loss today will pale in comparison to your 100,000% gains in 10 years. Just hold and forget.

just buy and hold, trading short-term is gambling

Yes dummy

>>21786373
>hold and forget

no thanks I don't want to fell for this meme as I did in 2017-2018 again

>>21786427
Lol 2017 will have nothing on 2025-2030. BTC will rise to $100,000 per minimum. With only 18 million in circulation, and the USD failing, 100k BTC will get there no problem.

But I guess go ahead and sell your coins at a loss? not sure what you want to hear

>>21786643
What the point of making it when my dick don't work. I need NAO.

>>21786643
I mean I'm just looking for something like 2-4 years investing

>>21786643
They’ve been saying that for 5 yrs

>>21786337
i started with 8 btc in 2017 and now i have 45 btc and cashed out almost $100k, all from buying and selling shitcoins. it's not really luck, every shitcoin pumps now and then, what makes the difference is being able to buy when there's blood in the streets and sell when everyone is euphoric, i feel like most people are doing it the opposite way

>>21786337
I literally bought every top and missed out on every coin that pumped for the last week. Makes me wanna kill myself. It felt like playing at a roulette but losing every time.

>>21786724
Have patience coombrains

>>21786798
Makes me feel like I'm 3 years late AGAIN.

>>21786837
Youre supposed to buy shitcoins before they pump, not after.

>>21786704
Yea I have 2 years until I graduate

>>21786798
I think it's because people feel good about buying when the market is pumping, and feel anxious about holding when market be dumping

>>21786798
when you sell, do you cash out to BTC or to USD?

>>21786337
Invest smaller amounts.

>>21786837
by the time /biz/ is losing their shit over a shitcoin mooning, it's probably too late to buy it anon. Unless the project is CLEARLY going to get bigger and bigger, but that's very hard to tell especially when people are singing high praises

yes

>>21786337
how are you losing money in a bull market?
literally everything is going up
it's altseason with bitcoin season at the same fucking time

>>21787004
I wasn't. I was buying coins that was steadily increasing. Didn't expect to get shat on.

>>21786337
Everything is a gamble.
Everywhere you go to make money you have a risk of loosing everything. With trading and investing you need an excelent state of mind. Controlling your psyche is the key to success in this game.

>>21786861
i was kind of late 3 years ago, bought in few months before the bear market started. if this really is the golden bullrun, you're early. just don't be in shitcoins when btc starts going up
>>21787046
yeah that must be it but for me it's the opposite, i hate buying something that already went up, even though it would probably keep pumping
>>21787056
i only sell my shitcoins for more btc, always trying to increase the btc stack. don't care about usd value, because btc is going over $100k anyway

>>21787716
I wish I can control not to sell when I see a big red dildo

>>21787727
>i only sell my shitcoins for more btc, always trying to increase the btc stack. don't care about usd value, because btc is going over $100k anyway
where do you buy these shitcoins? i guess not uniswap, binance?

>>21786427
>>hold and forget
>no thanks

>I mean I'm just looking for something like 2-4 years investing

>>21786427
>hold and forget doesn't work because I put all my money at the top of the cycle
literal retard

>>21786337
BTC is a scam because most of the supply is owned by Wall Street and exchanges, so it is exactly like the FED, if they want to devalue your bag, they sell. Remember BTC is bought with USD

Difi - you can see in the picture

>>21788798
>>21788741
tell me why should I hold for a really long term then?

>>21786337
>Is crypto gambling
Only when you buy shitcoins that just pop up out of nowhere.

>>21789031
if you can't figure it out yourself there isn't any hope for you. You think you're going to have the strength to hold through losing even 5% of your portfolio value if you don't even know yourself why you're holding or the reason why is as flimsy as "the number goes up!"? No fuck that, and fuck you. You said yourself you got rekt in 2018, the only way for you to have gotten rekt back then was to FOMO in at the literal last week of the pump. Moreover you're dumb enough to unironically ask if all of crypto is gambling. I've shared a lot of information with a lot of people here on this shithole for the last 2 years but you're the the first I think any helpful information would be wasted on.

Even if someone sat here and hand held you I guarantee you wouldn't take their advice and sit on the sidelines "waiting for it to be a proven safe investment" like a fucking cuck after which you'll finally FOMO into BTC at $80,000. Hold for a year, get rekt, and repeat the cycle in 4 more years.

You want some advice? Buy some fucking coins and stop being a retard, maybe read for once and try to figure out what crypto actually is or does

>>21789225
you sounds angry as hell but since when I told anyone when I bought back in 2017? I didn't buy at the last week lmfao, I bought at mid 2017. but whatever.

>>21789492
If you bought mid 2017 and held until now you'd be in profit you nigger

>>21786337
What platform do you guys use to cash out to your bank account?

Started out with 0.4 btc in 2017 and have 16 btc atm. Like some other anon is saying a lot of you guys probably buy high and sell low.

Noone is perfect, I held LINK since presale and sold just before it mooned from $7 to $20, so yeah, should have 30+ btc If I didnt fuck that up, but gains are gains, slow race until I hit $1M.

I am accumulating right now and will soon hit top 100 wallet in other coin that hasnt mooned yet, who knows, you gotta gamble a bit.

>>21786337
Absolutely, even the most legit and useful projects are valued by their comparative speculative worth. Meaning that the next Internet may lose value since people are investing in memes. So it is without a doubt gambling

>>21789031
Imagine it's 1998 and you just bought 40 shares in one of those new dot com scams.

>>21786337

Yes and no. It's obviously manipulated and unpredictable, but at least it moves in more or less recognizable patterns in the long term corresponding the BTC halvenings. This will obviously change somewhat as new cryptos erode BTC's dominance or when the market develops enough volume and mature distribution of assets that no one person can have too much influence. At least in crypto you can rightly expect a correction following extreme rallies (or any rallies or dumps).

On the other hand you have the stock market, which is so centrally manipulated and propped up a la "weekend at bernie's" that boomers only think it goes up forever, and by now it's completely detached from reality. Wish the Fed would've just let it implode in 2008 and wash out all the toxic behavior. By bailing out the markets pretty much consistently since 08 they have just taught unscrupulous actors that destructive short-sighted behavior will never be punished and never has to stop because the stock market can never be allowed to fail.

>"just buy Tesla, it only goes up"

>>21789781
>>21789670
>>21789627
>>21790001
Thanks for the proper explanation anons, I need to learn to read the chart and train my mind to ignore green when I'm too late and control myself when I see red dildo.

>>21786337
If you buy and hold, yes.