/biz/ - Business & Finance

>he bought the top

woops

kek

>>22533329
idk bro im new to investing so how the fuck do i know when to time the market

>>22533311
Did you take 41% profits?

>>22533352
when you see big red line it's time to buy
when you see big green line it's time to sell

>>22533311
Dont forget to pay you taxes on it.

>>22533311
that's shitcoin pumps&dumps for you

>>22533359
no just holding, i didn't want to invest short term

>>22533408
so chainlink is a shit coin bros?...

>>22533462
>so chainlink is a shit coin bros?...

always has been

>>22533311
1 month ago lol chances are likely you brought in at a high point haha

i brought in at march when it dropped to lowest point.

>>22533462
Well you either take profit and rebuy when it dumps, or you hold longterm and dont freak out every other day like you do rn

>>22533311
-30-50% in a bull run is normal to shakeout newfags like yourself

this is in fact normal.
the longer you hodl the less it bothers you.
long term risk is async in your favor

Invested 60€ back in May, I have a portfolio of 30$ k worth. You can also make it anon

>>22533637
well i said -65% and i still haven't sold yet so good one, you got me there hahaha!!!

>>22533623
>>22533716
>>22534051
thanks anons i always feel like the genuine responses are anons with big dick portfolios

>>22533311
Checked

Yeah Anon - I know how you feel put 1.75 K into crypto in past 2 weeks, and the crash today made my house mate have a go at me telling me I'm stupid for putting it into crypto rather than a savings account.

Doesn't matter, we mooning EOY

Only those with faith get to come to the yacht party.

>>22534742
sorry to hear, roommates can be the worst when it comes to money. I bet if it mooned he would of been calling you a genius.

>>22535170

He will man - Don't worry - I've been in it for 2 weeks - only a max 16% dip so I'm not too phased. Trust though you got this, just keep doing research - get an app for alerts on your phone for dips and price rises "The Crypto App" is pre decent on android. Learn how to read candle graphs, and learn about the different terms in finance - it helps somewhat. I mean I've only done it for two weeks and still haven't taken the time to calculate means and shit.

Eitherway, I believe in you bro, Bitcoins going to hit 50k+ end of year no doubt.

>>22534742
A steady hand and proper research beats faith. Don't fall into the trap of thinking just because something has done well in the past it will keep doing well. The market can change.

>>22533311
>down 65%
I think you should sell before it's 100%.
Just kidding friend, try to not go allin and keep a stack of tether/eth/btc to but dips.

>>22535324
Yeah Steady Hands are better than a Bluff fren

>>22535455
Oh shit wtf my name is still from the other night when I was roasting fucking some team member shit.

Be prepared to endure losses

>>22533311
If you are down 65% from original investment you probably bought some uniswap FOTM scam coin. It won't be coming back. Invest in good projects, no Sushi/Kimchi/Defi bullshit. Get LINK, ETH, RLC, STAKE etc. Those are real projects with real products so they won't go down 65%.

>>22536579
wrong - its bull season

>>22536674
Kek, the only thing I'm down on is LINK. My shitcoins are actually doing good

>>22536749
How can you be down 65% overall? LINK isn't even down that much from its top.

>>22536779
I'm not OP but I bought at ATH so I'm down 41% on LINK. My FLOW has stayed around the same price but I earn interest or w/e

>>22533352
Learn entry level chart reading so you can least identify major trends in the market

The simplest one is use 15 minute sticks and use a 200 ema indicator. If the big fat line across the chart is going up and the candles are above it, you have a reasonable chance at buying and selling in a few hours for some profit.

If the opposite then stay away unless you know how to short. Don 't buy

If the line is flat, the market is deciding which way to go and you should monitor.