/biz/ - Business & Finance

>>25896352
He did it at the top?

>>25896352
good, redditors are skum

>>25896390
Of course he did

>>25896352
Its not over yet so he did a good job.

i wish this was real

Fucking retards. If you go all in this you don’t fucking do it on leverage

>>25896352
yesterday's bear went short x10 @ 30750 and got liquidated at ~34000

>>25896486
This. Imagine risking that a 33% downwards move will crush your financial existence.

>>25896390
hope so
fuck r*ddit and r*dditors

>>25896352
dumping my JUST folder

Why not just buy spot and hold for 4-5 years, yeh it’d be a pain to wear the loan payments but you’d expect a 10x minimum payday At some point

>>25897362
Yeah its pretty dumb. He could have just purchased BTC even at the top and just paid minimum on all the loans until their expiry date and made it with plenty of money but instead he gambled a dumb game and will likely lose.

>>25897348
My black sons and I

>>25896486
how FUCKING retarded does this guy have to be? holy shit
it wouldn't even be that high of risk of ruin if he just held spot or did margin on Compound with WBTC or something. that's literal kamikaze suicide tier

Why would you leverage on crypto? I understand shorting shitcoins, but if you want to go long just hold

>>25897381
This ones actually kinda sad

>>25896437
Kys

Ifykyk

>>25897509
based brainlet, imagine scoffing at rhodl

>>25897718
The curse of the midwit , coulda still made a 14x that run if he bought And even if he held to now he’d be up 10x in 3 ~4 years

>>25896437
maybe if the retard didnt go 3x

>>25897718
now this one didnt age well lol what a moron

>>25897872
How’s he coping with btc at 35k?

hes not gonna make it

>>25897718

why dont these people zoom out? literally everyone who got fucked over during 2017 got another chance in 2020 to make it. sure, BTC and ETH may never come down again (maybe), but there will be other Yearn-like projects (there's literally one right now in Saffron Finance) that will x20. The blooming crypto market is an amazing time to be alive.

>>25898060
kek

>>25897488
Eh, redditors LARP loads.

>>25897381
Why are normies such scum?

>>25897912
I'm glad I stayed far away from BTC way back then. Also reminds me that I need to just buy and HODL.

>>25897436
fucking pajeets crying when they scam YOUR parents every day without remorse. fuck these brown street shitters

>>25896352
>reading plebbit
omg anon, what are you doing?

>>25896352
what even is this inferior subreddit AltStreetBets is where the cool kids hang out

>>25897978
there are people that actually fall for that stuff...kek

>>25896352
kek op, why didn't you post the updates

Quick rundown on nano and the huge normie bodycount?

>>25897872
>just1.png
Holy shit

>>25898346
bullish

>>25898338
top fucking kek

>>25898417
>please don't breed

>>25898298
The silver lining here is that he would have lost all his money even if it didn't get stolen. True Believers are too dumb to sell when the project is obviously dead

>>25898473
Nano could work if it was on more exchanges. Since transactions take ~2, you could transfer money between exchanges in less than 10 seconds. But, the dev team is too lazy to apply for listings or smth

>>25898346
I was surprised by that as well. Nano wasn't easy to buy at all.

>>25898252
Does anyone remember that one scammer pajeet that got scammed himself back in 2017?
I forget the details, but he basically got tricked into sending all his crypto to some kid, and he was posting to a message board begging to get it back somehow.
A bunch of guys from /biz/ were torturing him for several days and made him post selfies and shit. Turns out he was one of the nastiest looking pieces of Indian shit you’ve ever seen.

couple days ago

>>25898060

>>25898547
Holy shit, that's hilarious. Please, if someone has this, post.

>>25898564
Lel greedy fucks

>>25898547
Kek I remember this they made him post his shitstack and prove he had a kid

>>25898564
Credits to the nice anon that tried to warn him.

I bought LTC at $170 and sold at $166
$200 loss but it looks like my paper hands have payed off

this thread is fucking gold fuck, why am i feeling so euphoric seeing other people getting rekt wtf is wrong with me

>>25898795
LTC will hit at least $1k this bull run. It's way undervalued right now.

yall want this one eh? hehe

>>/biz/thread/S3106855#p3106855

>SatoshiStreetBets

>>25898845
I'll probably buy back in if I can get some sub $100 cheapies

JUST BUY LMAO ITS EASY DUDES

>>25898547
this i was thinking about it the other day.

>>25898807
>why am i feeling so euphoric seeing other people getting rekt
basic degenerate psychology, just so you can feel a lil better about your life.

>>25898854
fuck i miss those days

Why are redditors such emotional and greedy fucking creatures?

Did all of these faggots grow up without a father or something?

>>25897332
>>25897348
4.5 milly isnt lets talk about this money. Id be long past making signs.

>>25898547
this?
>>25898854

>>25896352
Someone remember a guy that lost $200,000 in Bitconnect. I saw it in Reddit

>>25898719
COMING FOR THAT MCDONALDS APPLICATION AYYYYYY LMAO. THREAD PURE GOLD

>Tether FUD
>Biden FUD
>TA FUD
>China FUD
>Mnuchin fud
is there any other FUD i should know about or is that it?!?

>>25897718
whenever I read this, my favorite part is that he thinks killing his family is the best way to go out, but he decides not to "because my family is scattered all over the map"

>>25897872
Unless im mistaken that was enough money to all in TQQQ and life off the divvy the rest of his days.

>>25898719

>>25899294
Mtgox
Generic * Korea *
Quantum computer
Satoshi's dump

>>25898880
You’ll never make it with hands like that.

>>25898338
“Ionlypickwinners” kek

>>25898103
words of wisdom, I agree completely, sometimes we just need to zoom to see we're actually in a great time to be alive

>>25898564
wait i'm starting to feel retarded
what the fuck is liquidating, shorting and longing? i thought these were terms for exchanging but now they sound like gambling

>that one poor sod who accumulated 850k from bitcoin
>traded it for shitcoins
>total portfolio went down to 125k because they're fucking shitcoins
>had no idea in the land of burgers trading crypto to crypto was a taxable event
>got a letter from the IRS owing for capital gains tax on that 850k

>>25899441
SPY then, I see TQQQ doesnt have a divvy. Anyway, any high yield blue chip divvy stock or a basket of them would be at least 100k passive income the rest of his life.

>>25899658
that's not how it works
you add up losses and gains in tax year and the only pay taxes on what you really made
now if you traded BTC for shitcoins in late december and market crashed in january that's a different story but if it's the same tax year all he needs to do is sel those shitcoins before january 1st and it's not a problem

>>25896352
NO BIG DEAL JUST THREE X LEVEreD

>>25899647
shorting = betting that the price goes down
longing = betting that the price goes up
liquidating = you borrowed money to bet on the price, but your bet went so wrong that the exchange forcibly sells your assets so that they can get back what they loaned you

>>25897718
I try to read this once every month or so. It’s like reforging the iron on my hands.

>>25896352
my diary desu

Why do people do this? Unless it's an outright scam time in the market is always better than timing the market.

>>25898183
yup, i bet he thinks if he misses one mortgage payment the bank will come take everything

>>25896352
>in today's episode of things that only happen on reddit and not real life:

>>25897872
>liq’d from $12.5M to nothing

>>25899765
>MUH TAX FREEDUHMS
>I RATHER GIVE IT TO ISRAEL

>>25900030
shit, people really bet on crypto? gains in this market are already so large though, it sounds incredibly greedy
also leveraging is a fancy word for making a bet right?

>>25896437
>it's not over yet
yes it is. and doubly so for him, since he took didn't just buy, he longed 3x and was almost certainly liquidated

>>25896352
Funny how nobody does this at $4-10K. Only the top. The brain is a funny thing. This is why I think we repeat 2017 ALT SZN and Union will 100x.

>>25898338
OH NO NO NO
HAHAHAHAHA

>>25897872
I never get why people don’t cash out at least some of it once they get about a million

>>25899396
>i'd kill my whole family, but its a logistical mess
class A autist

>>25900094
people get a little success than get arrogant/greedy and think they are investing master-minds who can beat the market

>>25897912
this story is kind of shit, because the guy who bought the 10k bitcoin pizzas was the guy that first developed the first bitcoin gpu miner while everyone else was still cpu mining, and he was 40% of the hashrate for i don't know how many weeks or months, so he had a fuckload of bitcoin still

>>25900598
My cash out goal is a million after uncle samberg gets his cut.

>>25900641
Yeah, I always thought he is going to be a millionaire with left over change from the time (a few BTC lying around here and there) so yeah

>>25900598
because a million isn't sufficient to fully retire on. most people want to get to $4-5 minimum and when you're in a bull you think that's inevitable so why cash out prematurely

>>25897718
>I've thought about just going on a murder spree. Just sneaking around town slitting peoples throats and or shooting them with a gun.
When crypto inevitably violently moons and then crashes, I'm gonna get a one-way ticket to Alaska and chill there while all of society blows over. It's going to be very scary times in the near future.

>>25897872
Based

>>25897381
Bitgrail?
Why the fuck would you leave anything in an exchange? Especially if its that much to the point where its life or death.

>>25898504
This is like Qanon levels of TRUST THE PLAN

>>25900770
For me it was like I bought and after some days shit started.
I don't even know why I used Bitgrail, maybe it was one of the few exchanges dealing with Nano

>>25900770
They blocked withdrawals for about a week before they exit scammed. First they were only blcoking withdrawals of XRB, but you could still convert to LTC or BTC and withdraw. I did that, and lost a lot on transaction fees and the fact that its prices were like 5-10% off from the rest of the market. But then they eventually blocked ALL withdrawals and everyone got fucked.

>>25898338
>need prayers
Unless hes using leverage there isnt any issue. Just hodl and sell enough to meet each minimum payment.

>>25896390
Why are they so fucking stupid? This guy basically took out a quarter million dollar loan to buy a fucking hyper volatile asset at an all time high. He could have done this in fucking march when it was at a several year low and made $3.75 million but instead he fucking did it now of all times? What the fuck is wrong with normies?

>>25900930
>there isn't any issue
He could have bought this with zero leverage and still have theoretical losses in the hundreds of thousands with no reserves.

>>25900864
It was pot luck if you picked Shitgrail or Mercatox, both had similar volumes. The ones that picked the former suffered

>>25900379
margin trading is when you borrow money to make the bet, leverage is how much money you borrow. in >>25898564 he had 37x leverage with 1k cash, so the exchange loaned him 37k

>>25896352
Its always:
>I wanna do crypto
>SELL EVERYTHING SELL ORGANS TAKE RETARDED LOANS PUT IT ALL ON BTC
>Oh shit, how am I going to pay rent and buy groceries
>Oh shit suddenly I'm selling at a huge loss just to put gas in the tank
>Now I'm homeless, wtf crypto?

and never:
>I have some money I won't need to touch for about six months or so
>Lets invest it
>Oh hey, look at me not panicking.

The fuck is wrong with people?

>>25897718
>buying eth at 100 would've still 10x him
what a retard. the worst demons really are inside you.

>>25899647
Options trading is informed gambling and its only benefit to society is absorbing price shocks which is arguably a big deal.

>>25900641
He also showed the non-illegal uses of bitcoin

>>25896352
why the fuck are redditors so fucking stupid? does anyone remember back when btc hit ath of 1000 and redditoids took out loans to buy at the top?

>>25898719

>>25899294
Chinese miner fud

>>25900603
If I ever wrote a movie I'd make sure to sneak this joke in.

>>25901246
The innate and naïve greed people have when it comes to survival is so universal and untamed that knowing how to exploit it should be seen as a virtue.

>>25901246
Rich or dead

>>25901246
They have a two digit IQ

>>25901546
Dude do you really want to live as a poor person. It's better to risk everything to get rich or die trying.

>>25898807
It helps that most of the rekt are smug redditors.

>>25897912
That's not JUST, this man is a hero for taking the initiative to get BTC in usage as a currency. Come on man.

>>25901246
Fomo and/or pure greed + normie retardedness

>>25898807
Tbh, just by applying some risk management strategy you are already outperforming these just'd guys by ten thousand tenfold, and i guess that feels good

>>25901584
Ok but there are ways they could have actually made huge profits without these absurd gambles. Like I said earlier they could have invested at the low point of BTC's cycle and made massive profits but instead they invested at the point of maximum potential loss.

>>25901620
Correct, he did the needful so that bitcoin could thrive.

>>25897912
He still has tons of bitcoin plus the guy who accelted the bitcoin and bought the pizzas was a business partner of his.

>>25901671
How would he know that it would dump to 33k or go to 45k.

>>25900770
I remember just buying and taking everything out.

>>25901535
>>25901584
I can see that if the only possible way you could see yourself being happy is if you're rich. Personally, I'm content with cozy innawoods living, subsistence farming, and gaming, which is pretty fuckin affordable. Don't need to trade an eyeball for BTC to fund that.

leverage trading gets you fucked up real quick

>>25901725
By looking at price movements. In march it was possible to predict that bitcoin was entering a bull market because it had just hit an extreme low brought on by pointless panic and the USD was weakening.

>>25898564
>tfw i was too late to stop him
god i hate people who have FOMO.

>>25901074
Too many people's brains like to extrapolate the present into the future. If the market is shooting into the stratosphere, surely it will remain this way. This is when they dump their money into shit, not when things are crabbing at $14 for a year.

>>25901864
$14k*

>>25896352
this guy is fucked. i bought in 75k at the peak like a total fucking idiot too. tho i quickly sold and rebought at 30k so my losses aren't much. i doubt he had the willpower to sell when it was dropping at wait it out like i did.

>>25898564
So he got liquididated and lost everything does that also mean he was to pay back 38,000 dollars?

>>25900885
How legal is this? Or is it “lolcrypto no regulations XD”

>>25902131
There was a lawsuit. Never followed the case though.

Anyone have any pics of that guy running off with the money from that pearl project or whatever it was called back in 2018?

>>25901490
This is correct. The 7 deadly sins are deadly for a reason.

>>25901584
>Get rich
You have no idea what actual wealth is. Hint: it isn't money.

>>25900930
retard did an x3 long
probably hanged himself by now lmao

>>25901725
By having time in the market instead of trying to time the market. You do not have the knowledge to time the market. The smart man knows this and buys below the ATH, then simply holds the asset until it is beneficial for his goals to spend it. He has no fear of loss because he knows that by doing this he cannot lose.

>>25896352
>Bought at ATH
>Remortgaged house
>Used leverage

KEK

>>25897978

god these are so good

>>25896437
this is old by now

>>25901725
>How would he know that it would dump to 33k or go to 45k
By patiently waiting for a good buy opportunity in the $3k-10k range. Then it doesn’t matter if you time the top perfectly at $42k or sell at $30k, you still make good gains

Moral of the story: Don’t wait until ATH to go all in

>>25897872
Maybe he shoulda stopped after the 50 btc loss holy hell.

>>25902685
kek

>>25898338
I don't get why people bet everything they have, especially when a lot of these people are new to the whole thing.

Too many people want to get rich in a week and blind themselves to everything else. Start small you morons.

>>25901398
they live and die by social pressure. That's why they love the voting system. This is also why it is impossible for them to take out a loan at the bottom. The price being low means that it is unpopular and they get anxious about going against the grain. When the price is high it means their peers approve and they feel comfortable going all-in

>>25896486
He's probably suicidal. In that case it's quite logical. Either he makes it or he doesn't either way he won't live poor.

>>25900733
RIP Bizzonacci

>>25898769
>selling at 80% loss

You may as well just hold at that point Jesus christ.

mfw I bought a thousand dollars worth at 42 last week, then changed my mind immediately sold for a 4 dollar loss.

>>25900770
Some exchanges are legit and will never go under, like the ones who have been there for long like Kraken, Coinbase, Bitstamp, Gemini...

>>25903481
Weak hands like that will never make it. The next time you buy in you'll get spooked at the next correction and sell for a 2.6% profit, then watch the market do a 2x without you.

>>25903481

>>25903545
Yea probably. My parents are millionares and pay for everything, I have 10k from internships and I just like the idea of making money off crypto. I bought $1000 worth of btc at 22 and sold at 29 earlier, made a quick $250 and that was nice.

>>25903552
haha i hope you buy after this dip

>>25897895

>>25899765
That's what happened and that's why he got rekt.

>>25897718
How can anyone defend Ethereum when Bitcoin in the same timeframe gave you a 20x+
Ethereum is trash in every regard

>>25903669
Yea, thinking I'll wait for it to go back to 20 or close to it, then I'll throw in 5k

>>25900598
Because people are gamblers dude. The fact that he is a poker player tells you everything about these people. They want to literally get rich quick and even waiting a few months is too hard for them because they cant "do anything" and use their superior intellect.

>>25899294
btc is trending down FUD. watch out for big dumps in the near future.

>>25901074
FOMO is a helluva drug

>>25900770
500k on an obscure Australian exchange.

>>25900710
1M with gramps real estate investment yielding 5% is enough to live the rest of your life without doing anything bud

this thread is scaring the shit out of me anons, yeah most of these people are retarded, but some just got rugged, and that can happen to anyofus

>>25897422
What happened here?

>>25897315
Based

>>25904307
reading it, it says something about usdt and usd accounts, so maybe she sent the wrong type of coins to an incompatible address

I'm not JUSTed yet and don't want to sell house/car, but I can use cc. what do you think of using cc, should I pay the minimum payment next month, or repay everything and use the cc to buy again? both ways will give me big gains I reckon

>>25904419
meant he not she but w/e

>>25898470
I wouldn't have pulled out

>>25904342
based

>>25904518
I never thought I'd fuck a horse... But these 2...

>>25904464
Honest opinion?
I like the idea of leveraging yourself and going balls deep in Bitcoin.
The only problem is that you then *have* to get gains, which could severely fuck you up.
I would do it, if you have enough cash to bail yourself out, but if you could get trapped in 20% p.a. without recourse, dont do it.
If you can get a consumer credit for like 5-10% p.a just do it and dont look back, it will pay off in a year

>>25903114
I'm a retarded gambler sometimes but my steadfast rule of walk away after the first severe loss has never been a mistake

>>25897895
wazza wazza wazza

BitCooNEEEEEEEECT!

>>25904674
i think i got them from creepshots.org, good sheit but no updates lately

>>25897872
>long story short
>writes several paragraphs

>>25904762
I have a last resort, I can borrow my money to pay off a month of cc from my sister and a friend (I saved his life and know his family) in case the bear is coming early, but i don't know just afraid I will fall to deep like all the other people. Maybe will try it with half the cc limit.

>>25898854
Rippah legend

>>25896352
If you are playing with your entire savings and leverage on all your other possessions why the fuck wouldn't you just buy the asset and hold without leverage? Some people deserve to lose it all for having a gambling addiction.

>>25899650
kek

>>25897400
redditors calling for justice again
they really are insane arent they

>>25904088
Gibsoncoin when?

>>25899493
> Satoshi's dump
Quick rundown plz

>>25905305
>>25897872
>long story short
the title of his autobiography and the chapter of his trading career

>>25905830
niggercoin got banned from exchanges though

>>25897912
Do we know where these BTC ended up? It's crazy to think how many people have potentially gotten super rich from a single pizza sale.

Why do people do this and not just DCA?

>>25905859
I smirked late at night in monitor glow

>>25898547

>>25904419
Oh right. It is retarded that there aren't basic failsafes that would just bounce the tether back if it's going somewhere invalid. Where does it even go in a situation like that anyways?

>>25906630
i'm not sure
so long as it's a valid btc or eth address it wouldn't know, unless the wallet you were somehow using had a thing that would check to make sure you were sending it to the right place (which i've not heard of that kind of wallet existing)

>>25896390
he bought the tip

>>25897912
this man is a lowkey hero though
he brought exposure and his meme story always brings fomo

>>25897978
these people vote anons

>>25902095
dunno how chinknance does it but on other sites it applies based on proportion of losses and in which case the exchange takes your investment
in stonks yes he would have to pay back

>>25898854
fuck the good times
and bad times
this place is so much more sterile now

>>25898571
One of my favorites last year kek

>>25905525
You are in no position to do anything here if you're considering using high interest debt for crypto. Take care of your real life first and gamble with $50/$100/whatever it is you have left after obligations. Incredible that you read an entire thread of cooked cryptards and learned absolutely nothing.

>>25900733
LMAO
I lost so much fucking money on this scam
>the power of memes is real
>mfw unironically deluded

>>25904089
it really isn't unless you're a shut in NEET who is content to sit on his ass and do nothing but play mediocre video games all da - oh wait, i forgot what website i was on for a moment

I was thinking about trading some of my BTC but this thread has made me think otherwise. I've really enjoyed reading about other peoples misery, and I'd prefer it didn't happen to me

>>25897978
Why am I not running one of these scams? It seems to really pay off.

>>25907749
Unless you live in a country like Madagascar where the government is too busy dealing with plague outbreaks, you'll end up in prison in no time.

Test

>>25898564
why can't these fuckers just ignore it for a few months and come back to it like, that chart is a few hours

chill out

>>25900738
I am legitimately worried about you /biz/tards. Can you please at the very least stop making every argument over bitcoin, let alone other crypto, about "yu wagie" and "yu cuck" and "muh chad cyber capitalist" or whatever rationalization you have for why you're so much smarter than "normies"? It's making you polarized, so that if you fail in crypto you will start to question your attachment to anything.

WTF, if you feel like it's a good place to park your hard earned money, then good for you, make that argument. Let others make theirs. Bobo is your fucking friend, he keeps you honest you fucking dipshits. I don't want to have to deal with you when this shit crashes, (I was about to post a class warfare joke right here and I deleted it), I just want a world where hard work and honesty are valued. Don't make this a class thing, it's literally of the devil, it's worse than the shit you hate leftists for pulling.

i bought into LCX with 10% of my PNK stack

>>25896352
Based retard is going to actually become a millionaire if he holds and doesn't get shaken out

>>25902095

No. He lost all of his capital that he put up but nothing more.
The perpetual-swap method means that leverage applies to both losses and gains. If bitcoin price increases by 1%, and you had $1,000 of bitcoin held at 10x leverage, your investment would increase by 10% to $1,100 if you cash out (minus fees). If bitcoin price DECREASES by 1%, you would loose 10% of your investment (down to $900) if you cashed out. If Bitcoin price decreased 10% from your buy-in at 10x leverage, then that would be a 100% loss and your investment would be automatically liquidated by the exchange.

>>25897978
>doubling gp

>>25899765
what if you have no idea and don't declare it?

>>25906484
>While some financial advisors claim that DCA reduces exposure to certain forms of financial risk associated with making a single large purchase, others claim DCA is nothing more than a marketing gimmick and not a sound investment strategy. The financial costs and benefits of DCA have also been examined in many studies using real market data, typically revealing that the strategy does not deliver on its promises and is not an ideal investment strategy.

>>25898547
Thread?

>>25897436
>India
These dalits deserve it. Only the purest upper caste will make it.

>>25898807
>euphoric

>>25900598
>>25900669
>>25900710
This man speaks the truth. You need to take small endorphine dosis from the gains or you will go crazy.
I started with 0.2 btc on 2017, by the end of the year I had 6 btc. My plan was to get 800k to retire in a third world country. I was so obsessed with the 800k figure that I never considered taking gains because it would have separated me from my goal. By February after coss, ufire and others shit the bed I lost 5.7 btc of my 6btc. I literally had nothing. Thankfully, those 0.3 left were on chainlink.

Now I take 10% of my monthly profits. This last year I bought a new pc amd 5900x,64gb ram, 2 big ass screens, 2 photo cameras, many lenses, a blackmagic poket cinema camera 4k, a gimbal, etc. Even if I shit the bed again daytrading I still have all the shit I bought this last year, that I could either use for my hobby or to actually make money with it.

Take some of the gains, at least 5%.

>>25896352
Why are redditards so disgustingly retarded?

>>25901246
i bought like, $50 back in the day (2015), sent 35 to a friend, and have .07 BTC + extras

just sitting around doing nothing like, who gives a shit about 15 bucks from 6 years ago lmao

>>25908128
it's promoted by exchanges because it increases the amount they make in fees.

>>25896352
Man imagine if he had the balls to do that in March
He would've made it by now

Buying all in in March when there was blood everywhere is the kind of moment huge fortunes are made. If you had put in $200k into BTC back then, your stack would have been worth $1.6M now

>>25905050
You fucking pedo!!!

>>25897718
Literally like Link soon

>>25901535
I don't know how niggers like you can even use phones to access the Internet without your feeble brains exploding.

>>25904307
Probably used the wrong chain. Omni or erc-20

>>25906630
This is unironically why crypto will never see mainstream adoption
It's not idiot proof.
If there was no way to reverse transactions, normies would lose money left and right

>>25898564
I was there for this thread was pretty epic

>>25908452
This. BTC might see another bullrun, but normies have 1 more major JUSTing before crypto is either regulated into nothing or loses all non-institutional interest.

>>25903211
I have zero sympathy for normal niggers

>>25902857
Why is it that you can spot a pajeet easily whenever they use the word "sir"?

>>25903211
best explanation i have ever heard

>>25897895
WAZZA WAZZA BITCOOOOOOOOOOOOOOOOOOOOOONECT

>>25898473
I get believing in a project but the faithless who take their 2-3x and exit quickly are generally safer in the long run

>>25896486
Ngmi
To make money you must risk money.

>>25897532
classic Eth nuke

>>25899647
Whatever it is, you don't need to trifle with it
It's meant for rich traders who can afford to lose money for a long time
You'll get rekt

>>25896352
hes gonna make it obv. eventually btc will go higher than 40k

>>25898338
to the board banners

>>25908593
Yeah this is the last bullrun before regulations. The SEC Ripple lawsuit is legitimately very bearish for crypto as a whole
All these DeFi projects running amok are just begging for regulations
Once that happens, you'll get fewer rugpulls but also far fewer 100x

>>25898683
kek pajeet got btfo

>>25898719

>>25901666
Devilish trips, recommend me some books for risk management strategies.

>>25898547
top kek can someone post a pic of the pajeet

>>25897872
uffda this one is bad. i had a friend who did something similar with 20 btc

>>25900441
Actually a 3x long would have a pretty low liquidation price

>>25897872
Bro wtf
I fucked around when BTC was cheap and lost most of mine, but if I ever had fuckin' 200 BTC and fucked around and lost 50, I'd HODL and never touch the markets again.

>>25898338
ah, it's a larp. got it

>>25908289
>liquidates so he can play computer games
not gonna make it

I've always followed the rule of "never investing more than I can afford to lose" but honestly, I'd be so much better off right now had I actually went all-in on my investments, since they are all doing better than when I started :/

unironically i did this under 10K

>>25899647
lurk more

>>25898845
>>25898795
the fact that LTC is integrating with Flare and Cardano made me think for the first time in my life that Litecoin might not be a shitcoin actually. also i see it being accepted for payment in places which is weird but right on i guess

>>25908668
because they never use it to be polite but to grovel

>>25904088
It was Italian and ran by a fat retard called Boris

>>25897912
If anyone knows anything, this guy invented GPU mining, I guarantee you he has more than 10,000 left, and was just wanting to fairly distribute the MONSTER bag he had.

>>25903196
literally low iq

>>25904342
eat shit bobo

>>25903196
>Too many people want to get rich in a week and blind themselves to everything else. Start small you morons.
muthafuckin truth anon.

>>25901246
To be fair, the people who lost $20 on crypto aren't gonna be screenshotted. Pics of the most spectacular failures are the most popular.

>>25900093
nice

>>25898346
Back in 2017 it was the newbie coin to get into. A lot of the cries of FUD back then that a newbie could wrap his head around was the idea that Bitcoin transactions are slow. In their minds, the faster the transaction the better. This started a huge normie buy war of trying to find the fastest coin and hold it. People were buying Litecoin with the selling point of "Transactions are way faster than Bitcoin man." Until Nano came and it was like the holy grail of gofast coins.
The coin itself was always pretty shit and had no inclination towards game theory. There was no was no financial incentive to run a node.

Anyhow, the coin exploded something like 30,000% percent and every normie was sold on it hook, line, and sinker. The coin did nothing but bleed heavily for after its quick explosion. Leaving every gofast nomie with glorified Sonic tokens.

It was great.

>>25908117
we learned some nasty shit west bank

>>25901074
Normies like going with the current trend, lots of people buying BTC means it feels good being part of the majority group.
Also if it fails it diminishes the feeling of personal guilt as "I lost everything but everyone was wrong" vs "I lost everything because I was wrong"

>>25900454
Based and under the radar pilled.

>>25897872
Imagine fucking up this hard.
12.5M and you never ever have to work a day in your whole life again.

>>25897400
>justice fo mi people
In that case, the violence of the loss is the justice.

>>25897532
The polkacel

>>25902653
lol

>>25903481
>>25903552
based. I bought 10K worth back last year in January and sold almost break even before the big crash.

>>25908303
>return policy
Same as bernie's

>>25909348
>computer games
hey gramps

>>25896352
As the song goes: if you're gonna be dumb you gotta be tough.
Pretty ballsy move though, stupid, but ballsy.

>>25901864

You talking about LINK?

>>25896352
he only picks winners, OK?!

>>25897381
>I believe in X

See this is the problem normies always have to believe in something. Me? I only believe in memes, the memes will guide the way and when the memes stop being funny then the project is dead. Because only truly autistic investors who know what they are talking about can make funny memes about fucking crypto currency of all things.

>>25909373
Plan a strategy and a stoploss, and when done never look back for the 'what if'.

>>25908452
>This is unironically why crypto will never see mainstream adoption
incorrect. normie-friendly crypto frontends will be built and fostered to make for an extremely safe and user-friendly crypto experience, similar to how credit cards "just work." you don't have to know how it works, just swipe your tardcard and trust that whatever happens behind the scenes safely and properly processes your tx. crypto is still in the stage of having to know how it works in order to use it safely. that's how fucking early we still are.

I was greedy too on ATH and still down like 80%.

At this time my parents died and I got some money from them. At the same time I heard about Crypto for the first time and the market was at ATH so I spent like 4k on these shitcoins. after the crash it was like $200 bucks worth. Fuck it. Lesson learned. Won’t sell the next ten years or so anyways.

In the beginning I wanted to spend way more money on this shit portfolio so it could be worse. I also think even if I found out about crypto earlier I still would have fucked it up.

>t. won’t make it and also nearly broke now

>>25909730
>node meme
Thoughts on gala?

>>25898417
blue is a seething midwit

>>25898547
completely forgot about this one until now, god that was good

>>25909108
that >>25906626 was from the pic he posted. even with fraser's head shopped you can see what a nasty piece of shit the pajeet looked like

>>25910358
Never heard of that shitcoin literally had to Google it and it’s still not ringing any bells

>>25910469
popped from an ad at Brave browser.
not listed in bittrex, claim to target kids into games that mine their coin but after that Im lost.

>>25908024
dilate, wagie cuck

>>25902655

>>25902685
i bought one of those things and its too small for my dick.
my dick isnt even big but those things must be made for tiny chink dicks
I did buy another one that had balls and an anus though, that ones pretty good

>>25901152
>>25901246
The real problem is that these people have high time preference. They want to get rich RIGHT NOW.

They don't want to pay attention to something that is going sideways for months at a time, they don't want to accumulate something that is down massively and is bottoming. They want to buy the pump, they want to buy it today and be up 2x a week from now. They won't take profits because they want millions.

These are the normies that buy at 40k then panic sell at 31k. They have no conviction or knowledge about what they are buying. They have no intentions to minimize risk and manage a positon, they have no ability to read a chart and extrapolate future posibilities. All they can do is watch a crypto youtuber and go all in when we are pumping. They are the dumb money that buys high and sells low.

>>25909730
you're leaving out the most salient parts
nano was originally named raiblocks and you could get it for solving captcha's
/biz/ discovered the coin when it was worth cents, had daily threads accumulating
months later, plebbit joined in when it was already several dollars. anons literally dumped on plebbit, and those on the receiving end of the dump became true believers

>>25897532
still legendary to this day
>imagine investing in DOT

>>25907510
Are you talking about me anon?

>>25910511
Sounds really retarded, buddy
>>25910716
Totally forgot about the captchas

>>25909754
Kek rs players are the best crypto traders and scammers.

>>25898807
It's the KevinChang pill