/biz/ - Business & Finance

>>25811243
Is it too late to sell now? I didn't know anon, I didn't know...

N

>>25811281
I

At what price are you buying back in?

>>25811279
You were told

Guessing correctly doesn't mean you have any kind of foresight

>>25811301
G

>>25811279
I think it has to revisit the high 20s personally, but there might be enough eager buyers to keep it above 30. Hard to separate real buy pressure from rosy 'institutional interest' narratives these days.

>>25811243
>You all should know better by now.

Get on my level poorfaggots

Question from a retard - say I believe the coin that I am fully invested in is at a peak and will plummet and want to sell to maintain my gains. But, I don’t see any other safe alternative coin option to park my wealth into. Where can I park my wealth? Do I pull out into fiat into my bank? Is this what tether is supposed to be used for? Be an autist and monitor many many coins and just swap into an alt coin?

>>25811472
That really makes a man out of someone, wow. Just let it slide, you know itll be back

>>25811472
nice larp

>>25811491
Real estate sir.

>>25811491
hello newfag, yes this is what tether is used for. put it into a stablecoin that isn't potentially on the verge of imploding however, like Dai

>>25811491
put it in a stablecoin or fiat. Do not put your gains into an altcoin.

>>25811491
If you think the correction will be sharp and fast, then yes, stay in USD or USDC on the sidelines and buy the dip. If you think it will take many months to reach your buy-back-in, might be safer to just cash out to stocks or index funds while you wait, since spending any appreciable amount of time in USD in the year 2021 means rapidly losing real value to inflation.

>>25811472
I'm going to sleep

>>25811243
So explain why you thought this yesterday. Please use some actual information instead of just generic buzzwords.

sold btc at 38.5 and eth at 1300, pretty happy with my gains, went all in around september. Torn between looking for reentry and starting to DCA, besides my xrp suicide stack i'm 100% in fiat rn

>>25811491
Real Estate is in a giant bubble right now, poor choice.

Gold won't be going anywhere, silver is due to moon and commodities are at an all time low. Do the math.

>>25811390
G

>>25811472
post moar pls

>>25811243
selling means taxes
and i'm not paying taxes
so i hold

>>25811663
Real estate is in a "bubble" because foreign money. It won't pop unless that stops first

>>25811693
People want the parabola up but cant handle the 20-30 even 40% drops in between, they want the sun but you gotta deal with a little rain.
I’ll See the chosen few at the citadel

>>25811472
Wow I'm super impressed at how retarded you are. Great job?

>>25811243
Become a namefag, develop a unique writing style, be accurate a few times in a row, then maybe we will think about trusting your faggot ass.

>>25811866
12k to 2.4m in under 4 years Isn’t for the weak

>>25811705

I feel that

>>25811644
I don't have TA or special chart analysis to trot out. I just know that once a thing goes up enough without a correction, that a correction becomes inevitable in the near future. The correction becomes especially imminent when consensus starts to take hold that dips are old news and we've reached a new paradigm of infinite growth. The 'institutional iron hands' narrative had reached a fever pitch of believers on this site and elsewhere.

When you literally have most anons thinking that our market cycles from here on out are going to resemble the Chad Fad, that's when you know the dip is in.

In case everyone thinks I'm larping, these are my sells from two days ago. I was a touch early, but better a day early than a day late when it comes to corrections like these.

>>25811950
Based. I can't wait to be like you

>>25811950
Well I guess make that 2m now lol, but super cool story bro!!

>>25811243
I recall telling you my game is long and I don't care about a 20% or 30% pullback
And I still don't

>>25812094
So basically in your infinite wisdom you have deduced that things that have gone up alot generally go down. Thats really riveting. I think another word for your timing is 'luck', but thanks for sharing your amazing insight!

is this a good time to jump in?

>>25812213
Still 2.4 and cashed out 1.2 in early 2018, keep seething poorfag

>>25811472
I have one tenth of your holdings and made the same percentage loss as you today. Does it get harder watching bigger red numbers?

>>25811833
easy for a millionaire to talk lol

>>25811243
what if you just like held it through the whole dip and came out high anyway? it's not like you guys actually gambled away money you immediately needed, right?

>>25812309
how did you make that much from 12k?

>>25811243
because of fucking taxes. Being a burger is terrible.

>>25812337
he's not a millionaire until he sells, anon

>>25812279
Maybe, I have done this a few times in the past as well when the signs were obvious, but who knows, maybe I was just very lucky.

I am satisfied with being a lucky idiot who seems to be able to swing competently and semiconsistently on obviously overbought parabolas. I think it's preferable to being married to my shitcoins and who thinks line will just go up forever and misses obvious sell and buy opportunities because muh hodl.

I sold 20%. Not as much as I'd like now, but enough to buy the dip.
Also it's overbought you dyslexic nigger

>>25812344
read the thread

Fuck off retarded faggot. You’re no smarter than everyone else here. I Fucking hate all of you

>>25812309
Ya I'm 'seething' over here about your entry into the upper middle class lol. You could almost buy a halfway decent condo in some shithole like toronto with your money!

>>25812427
You've written like 40 paragraphs now to literally say 'i know that nothing goes up forever'. Not only do you consider this to be some sort of amazing, esoteric knowledge, but apparently you feel it's so amazing that you need to share it with everyone here. Again, thanks a bunch...

>>25812344
Ico’s in 2017, 2018, peaked at almost 3M cashed out almost half In early 2018, bought a house n car, consolidated shitcoins into eth during bear market held the 80% drawdown, 4btc into polkadot ico Round2 And put 80k into eth at 200

>>25811472
how the fuck? also yeah it's going sub 30k easily before things turn around.

>>25812535
Well, I'm sidelined and ready to buy back at 25-30k, and you're riding a fat red dildo to why-didn't-I-sell-when-I-had-the-chance-ville. I guess time will show which of us was smarter.

>>25812472
A 4M net worth is upper middle class, damn dude you’re coping on levels unseen before even on this board, goodluck to you but remember being a coward is not the journey to prosperity , unless you can be a coward cause you inherited a fortune or stand to, this has been the easiest time to make money in history but plebs sir on the sidelines waiting for Muh crash, then it happens like rona and they don’t buy, they just wanna see others lose cause theyre envious and lack the emotional mastery required to win in a market like crypto or even stocks now they’re parabolic too

>>25812667
I don't recall saying I didn't sell, champ. Sitting in pure fiat atm.

Why is everyone on here obsessed with one upping the other losers on here? Oh wait I think I answered my own question lol. Congrats on making a very obvious move though...you win or something?

>>25811436

>>25812721
Yes, clearly I'm the one 'coping'. Be sure to write more paragraphs to explain to me how I am. Enjoy your condo lol

>>25811243
Meh, bought more

I bought the majority of my bitcoin under 10k and DCA about 2k a month in since then. Never bought over 31k. I feel pretty fine desu.

>>25811429
I'm really getting sick of the "MUH INSTITUTIONS!" shit. People act like institutional investors are gods among men and that traditional markets like stonks don't go through boom/bust cycles.

>>25812280
probably as good as its gonna get

>>25812721
>this has been the easiest time to make money in history
Nocoiner cope. I made ten years wages gambling on shitcoins and still can't afford to buy the house my grandfather bought with six months wages.

>>25811472
>>25811866
ignore this seething bitch anon give us some tips I’m a newfag and wanna make it ive got 15k in eth Rn

>>25812965
it is the easiest time to make money in markets though, how badly inflation has fucked you and what you can buy with those profits is another thing. Rentcucks are still waiting for a housing crash, your grandkids won’t even be able to buy a house within 100miles of a major city that’s a fact land is scarce. Something something own nothing and be happy

>>25813000
> Le seething
Is anyone on here capable of forming a sentence without using tired cliches that someone else on here made up 8 years ago?

Anyways if you want I can also teach you how to lose $500k lol

This entire board is insecure NEET incel losers bragging about their "gains" and posting demoralization threads to make other insecure NEET incel losers more insecure. Lol. I don't believe a word you say. You never post proof any of you have "made it."

>>25813275
project more faggot