/biz/ - Business & Finance

>>27067897
Why aren’t you buying AMC right this minute?

>>27067897
How is that even possible?

because i assume most people here aren't selling yet retard

>>27067897
I lost 20 ETH in a rug pull

PLEASE SELL ME YOUR GME OH GOD IM LOSING INFINITE MONEY

how the hell did you lose 20 eth lol? you know that shits going to a million dollars one day right?

I bought RBC good sir
I am a millionaire now

i lost 18k this week
-12k because you retards tanked my regular stocks i ve been holding for months
- 5k by buying GME shares
- 1k by buying a GME put

>>27067897
I lost $30 on AMC in 45 seconds and bailed. Made $260 on zillow in an hour. Sticking with zillow, avoiding meme stocks.

>>27068466
Should have bought RBC good sir
I hold 10M RBC

i lost 0.4 btc

3500$ from a failed DOGE long

Bought the top of FTM now im bag holding forever looks like

financially ruined

i lost 2k on NOK
i hate you fucking autists for shilling this shit stock

>>27067897
Lost 300 of my 1k savings, feel so fucking dumb and stupid, I think I was destined to be poor so now Im just gonna give up

>>27067897
losing 14.5k to NOK, stay strong bros

>>27067897
>>27068466
>>27068885
>>27068994
at least we had a lot of. i laughed more in 2 days than in the last 2 months

>>27068994
Don’t give up, just invest in bluechip stocks and hold for 30 years. When you look at every company on the market, very few have actually gone down over time. Most are up over 50,000% over all time. Just hold and relax, day trading is risky and meme trading is even worse.

I lost $2000 trying to swing that piece of shit loomens, just before fucking Elon musk tweeted about btc, already made it back on donut kek.

>>27069399
fun

>>27068885

>trading btc for doge

dont feel sorry in the slightest

Me.
I cucked out with my AMC shares when they halted all buying and pushed it down to 6
I fell for the Jewish tricks

so i still got 4k i didnt invest yet. what should i buy?

Up $2300. Fucking n00bs over here getting pwned

>>27068252
No

>>27068466
Based

>>27067897
I made £14 today, bought at $315, sold at $323
I'm going back to crypto, this kind of trading is too stressful

>>27068466
you should go in NOK and just get this big amount of money back

>>27067897
I’ve never made more money than now. Wtf did you do?

>>27068969
>he didn’t buy AMC

THERE IS STILL TIME FOR YOU ALL TO MAKE IT GET IN AMC NOW JESUS FUCK WHAT ARE YOU WAITING FOR!!!

>>27070079
Real estate often picks up in the Spring time. Now is a good time to get in on zillow or avalonbay, both have been held down for a few months now.

>>27068466
Hahah man you suck hard at trading. Buy the dips and hold you absolute retard. Free money in AMC right now.

I bought BB at $22. Might as well long it, the company at least has some promising partnerships

I lost 40 bucks on Doge.

>>27070334
i actually did

I haven't lost shit yet. HOLD

>>27070079
IOTA, will moon within the next 3 weeks.

>>27068969
why did you sell
it has not even started

I put my sons college fund into NOK and lost it all, this past day and a half I've been trying to figure out how to explain to my wife that my son doesn't have schoolbucks for when he graduates this summer from HS. Think I may go on a hike and never come back, the feeling of my stomach and shame in my head is unbearable. I just don't know what to do

Buy silver fools

>>27067897
how the fuck did you lose 20 eth?

>>27067897
I BOUGHT AT 418 AND NOTHING HAPPENED TODAY

>>27070559
you are just lying to yourself up this points.

>>27071120
It'll double in price by Monday.

>>27068192
Donut?

>>27071120
based retard

Lost 2k between NOK and BB. Made 25k off GME.

>>27071247
There's already a new distraction on the block. It's fucking over.

I'm currently down $200 with AMC. Everything else is up for me. Although I knew AMC was either boom or bust so no biggie

here i am reading your losses while laughing out out. this week has been a bliss so far

>>27071120
i hope you didnt sell
NOK just starts for moon misson

>>27071120
how did you do that? did you buy the fucking peak?

>>27070597
Good job now hold for the squeeze you’ll be fine.

>>27071321
I hope to any God that may exist that it does, I'm probably losing my marriage, love from my son, and house if I cant fix this shit

I made $350k in 2020. Started with $10k. Bought early into RSR and DOT.

>>27067897
I sold GME too early cuz I got scared but I turned 1000 into 7000 yay

>>27071963
Jesus... I hope this is a larp, but best of luck to you anon.

>>27070549
it's fine. house money i'm still up $43 000 all time ( +63% )
just sad that i didnt get to join in on the fun

>lost my mortgage
>lost my student loans
>lost credit card debt
>lost two car spots in my driveway

It’s hard to feel the floor when your On the MOON

>>27071651
no it wont. maybe we will get our money back on 4th feb

>>27067897
How the fuck did you manage that

>>27068192
Explain pls. So this doesn't happen to me

>>27067897
I lost 200 USD on GME and AMC.
Gained more than 1k on crypto in the meantime so I don't really care.

>>27072124
kek

>>27067897
I lost 30% of my portfolio on Wednesday on credit spreads of major etfs. Gained it back yesterday, then sold at open today. Only lost ~700. I got lucky that I only lost that much.

People only talk about gains never losses this your first lesson in the market.

>>27067897
I'm down maybe 2 thousand dollars in assets. I still have AMC so that could go up on monday.

this is the best thread on biz right now

>>27067897
check out this fucking redditfag from yesterday

>>27067897
I bought gme at 369. So I lose there. Oh well

>made $2.88 with dogecoin
why is it so easy bros

>>27069415
Basically my strategy but I keep out some money to gamble on shitcoins. I don't really mess with meme coins and meme stocks though.

Losses are the cost of getting a trading education.

>>27071120
Just blame it on the stock market crashing idk.

>>27070559
$25 here, guess my kids are gonna get some BB if it's still around

>>27069415
where is the fun in that?

>>27072764
What a fucking noob lol.

I'm sitting pretty with 100 shares of AMC @ $13.76

Been a while ride. $20k turned into $230k at it's peak and back down to $40k and now $140k all within a few days. First time I'm glad for the weekend.

>>27067897
my fucktard friend talked me into dogecoin and I lost 20 bucks before I could dump it. What a faggot!
Last year I made 4k on pot stocks.

>>27067897
I lost a bitcoin almost, but that was in the bear market

>>27072764
>check out this fucking redditfag from yesterday
What fucking asshole buys options without a limit?

>>27073564
>he didn't sell
lmao

I don't pay attention to crypto, that Doge thing was just a scam right? My boss loves crypto and he was telling me doge is the shittiest most pointless coin out there.

>>27073955
He's right, that shit is always pump and dump, not holding material, just meme material.

>>27073194
stability can be fun

>>27071120
>invest way, way more than you can afford to lose
>buy high
>sell low
you're a real /biz/ness man

>>27073955
It's literally a meme coin

>>27073811
mother fucker keeps texting me that dogecoin is dropping and he hopes I did not buy any last night. I keep deleting his texts, so he is unaware of my 20 dollar loss and my stupidity on taking his advice.
He fucking told me that tons of people were going to buy it and it would hit 1 dollar. Stupid me did not see the coins in circulation because i impulse bought the stupid shit and then bother to look at the technicals later. So confident was I to trust my intutition... NO.

Lesson: NEVER listen to friends about investing unless they are Martha Stewart.

I started 2020 off with about $6k in crypto and $10k CC debt.
When I saw the bull run starting I got $30k worth of personal loans. Put it all in crypto. I was up to $70k with regular diversified portfolio, large cap to small cap. Then, I found binance futures.
After the alt market popped in september, I lost 50%. I took the remaining 50% and tried to play binance futures.
I lost all of it by early November.

Now I'm ~$40k in debt with nothing in crypto.

>>27067897
UNI is mooning in about an hour, get in now or you'll be posting this again tomorrow.

Just buy LINK you retards

>>27068969
I lost 200 on NOK out of 600 initial investment BUT the more I look into it the more I just realize it's a long term hold. So I'm ambivalent

>>27067897
I lost 5 dollars, I had 2 GME and 11 AMC at one point

If I pull out of all my positions right now I will be down $500. That is about a days worth of work for me.

I'm about to put a lot more money in crypto and forex, though. If anything this GME craze made me want to stay the fuck away from the jewed af stock market.

>>27074602
On the flip side of the same token, I had a friend who knew nothing about crypto that wanted to put $2k into doge at 0.06 and I explained the amount in circulation and the fact that doge provides zero functional applications and was created as a meme. Get better friends anon, and do more research.

>>27074626
Why do people invest when they are in debt? Jesus christ

>>27067897
i'm down like 400 because some faggot mentioned BB alongside AMC and NOK

i'm basically even on AMC and NOK but BB is fucking terrible and not moving at all

>>27075096
even i realized that bb is the memeest out of them

Seriously anons, post some loss porn. This thread is pathetic.

>>27074626
Because it's our chance out of it.

Had I just held my original positions and not transferred into leverage trading, I would be up 4x right now and of paid all my debt, plus had 10x the amount of money I would of ever had in my life.
It was a great play, until I found leverage.

I'm not sure if it's specifically related to GMEfagging but my mutual funds went down around $2k today.

>>27074626
gamblers anonymous and rob a bank

>>27075096
I stayed the fuck away from BB because a porn star wanted people to buy it. My instinct proved right. Someone who sells their body for a living is probably someone who makes shit financial decisions.

>>27067897
lost 100$ longing bitcoin today at the wrong time
that's about it

>>27075325
>even i realized that bb is the memeest out of them
It's not necessarily a bad meme in a different time, it's just those faggots pulled out of it to put everything into GME. Think about it, on the faggot board they get chastised for talking about anything but GME.

>>27074626
>I started 2020 off with about $6k in crypto and $10k CC debt.
>When I saw the bull run starting I got $30k worth of personal loans. Put it all in crypto. I was up to $70k with regular diversified portfolio, large cap to small cap. Then, I found binance futures.
>After the alt market popped in september, I lost 50%. I took the remaining 50% and tried to play binance futures.
>I lost all of it by early November.
>Now I'm ~$40k in debt with nothing in crypto
Did you fucking borrow money to invest you stupid fucking asshole? Go become a buddhist monk cause you are corrupted by this modern jewish world.

>>27075415
Just wageslave and get rid of the deb first ffs. 50-30-20 rule.

I lost 2700 doge last night by being a retard and sending them to my multidoge wallet, not backing it up, and then restarting. There should be a backup .wallet file but alas, there is not. All that doge no longer exists.

I lost everything. High was $78,000 in late december. Now i have nothing left.

>>27075725
exactly what a fucking tard. how can you make gains when you are paying 19% compound on CC debt? then he borrows more to lose it all. gets what he deserved

I got rugpulled on btc. Bought near 38k and it dumped. Down a few thousand bucks. Didn’t sell though

>>27067897
i made 2.2 eth and tried to do futures and lost an eth so still in profit

>>27075967
i hope you are larping

>>27075870
t. destroyer of doges

>>27071120
first of all, never gamble money you actually need
second of all, you haven't actually lost unless you sold or it's the day your kid needs to go to school
third of all, diversify your bonds nigga.

>>27075870
>I lost 2700 doge last night by being a retard and sending them to my multidoge wallet, not backing it up, and then restarting. There should be a backup .wallet file but alas, there is not. All that doge no longer exists.
What is that, $2? I gained, lost, gained, and lost around $200k in value every day in the past week. Luckily I cashed out a bit of it cause I know I can't walk away from the casino.

I have a 10k portfolio and I've lost like 2k, but I lost it in really dumb ways so I'm pretty butthurt.

Lost in doge and gme (where everyone is making money here apparently lol)

>>27076454
it's $2700 EOW

>>27076454
$191 at the time when I was planning on cashing out, but the machine had other plans. No it's not a huge deal but fuck, what a dumb way to lose money. I didn't even lose it on the market, I just nuked it.

>>27075725
>>27075784
The crypto debt was from the personal loans, so like 8% interest. I had a 800 credit score before all this.

I have an 80$k salary and working on a bunch of different income streams now to repay it and get back on track.

>>27071120
Jesus, set a sell order at exactly what you bought in for and be fucking thankful on Mon/Tue when this is all over and back to normal for you

>>27072764
Can anyone explain this to me in plain english? All this financial jargon is confusing

Newfag here

I didn't lose anything but I only made $200 dollars despite taking on tons of risk, so it's a loss in my mind.

Currently down $15k on NOKIA. Expect to make it back by next year though

>>27068118
By LARPING

>tfw made 2 trades that made 2x, but would have made 4x if I literally didn't do anything

lmao

>>27075982
It's about to go back up, just hold

>>27067897
I had 13 ETH in November off of altcoin gains now I'm down to 1. I'm no good at this shit man.

>>27076706
>80$k salary

If you hunker down and really only spend the absolute bare minimum you need to spend, you should be able to pay back all your debt in a year.

I put $1000 into Robinhood to buy 3 GME shares at $350 and pulled out cause I'm a massive pussy.

I unironically sold all my link and bought the near tops of gme, amc, nokia etc

Planning to kill myself by next week if things dont pan out

>>27077793
so you lost your dignity?

Also >>27077777

>>27067897
>Lost on the way, no one to blame, no one to save,
>Nothing to do with the way everything's changed
>Lost I feel a little like, a child who's lost, a little like,
>Everything's changed a lot, I didn't like all of the pain,
>Lost, confused, a lot of it, is hard to take, and cause of it,
>Everything's changed I thought I'd make it through the pain
>Everything's changed
>Given the chance I would happily dance on the grave of the one
>Who shows no remorse
>Lost I feel a little like, a child who's lost, a little like,
>Everything's changed a lot, I didn't like all of the pain,
>Everything's changed
>I'm confused, a lot of it, is hard to take, and cause of it,
>Everything's changed I thought I'd make it through the pain
>Everything's changed
>Nothing is plain
>Nothing can be explained, Nothing can be explained, nothing explaine

>>27077776
Yea - on my salary alone with all my expenses I can pay it off in about 2 years with interest. My plan it to pay it all off by end of summer though so I'm working on other income streams at the moment.

>>27074923
>I'm about to put a lot more money in crypto and forex
>forex
bro please dont. There is no centralized exchange in forex, at best your market maker is some fat whale, at worst its your own broker. You will trade on leverage and lose it REAL quick.

I did my classic move of absolutely nothing during all of this and missed out like I always do. Its my one true skill

>>27070164
its 2021...

real talk you can recover by buying donut, gonna 10-20x over the weekend.

>>27079094
honestly by keeping your money in a bank account you’ll do better than 90% of the people here

>>27079202
Note that there is an "s" behind 2020, to denote that a decade is being talked about, not a specific year
Dumb ass

>>27079408
ah shit

>>27077914
Please tell me this is a larp

>>27079260
and here i thought the faggots here know what they do

>>27079531
its really bizarre to see this representation of anon like 11 years out of place

>>27071381
Kek 10x my money with that just put in 2000 euro's so that sucks...

>>27067897
was heavily shorting btc as meme lines indicated a 30k support breach. i was in profit until a Mr. Musk changed his twitter bio. i woke up to a liquidation notice. it has been a fucking shit day.

How long until 0.1?

>>27071120
college is a meme anyway anon. turn him onto welding. oh and never give investment advice to anyone ever.

>>27067897
lost 7 ethereum to a rug pull also

Lost 1.5 eth on a rugpull. Ya'll helping me feel much better about it. Crazy how I can make 2K on a trade, and feel nothing, but lose the same amount and feel sick to my guts.

>>27080216
/mlp/ still uses it
the place is/was like a time capsule of old 4chan.

>>27067897
start $3500
now $1500
sit in alt coins

options
-1k
NOK just fucked me up.
I didn't think they'd take away the buy button and restrict trade so violently on meme stocks.

>>27080410
that piece of shit should not be allowed to tweet

>>27080834
I bought a rugpull when drunk a few weeks ago. I don't normally drink. Apparently I shouldn't. 2 eth gone lmao

>>27081038
>NOK just fucked me up.
This is a long term hold. Wait until around the end of the year to sell.

>>27067897
lost 4K thanks to the stupid Musk tweet last night

How can you lose when you dont sell?
Like how did you actually lose currency did you buy garbage or just sold all your valuabels on the wrong time?

>>27076482
Bcus u keep selling tard

>>27067897
I made a robinhood account and put in $100. Bought and sold NAKD and made $22. Then I bought Dogecoin at .78, panic sold, went to $97, then I bought AMC at $13.15 and sold at $14 so I'm at $100 again. Overall, I made 38 cents. I'm probably going to try Dogecoin and AMC again

>>27081095
It's okay fren, we all make mistakes, and with them we learn. WAGMI

>>27081035
That's because most of the board came from /b/ in 2011 and it doesn't attract tourists.

>>27067897
some chinaman was shilling ABML right before it shot up, so I bought at the top (~$4.10/share) then it tanked and my stop loss triggered at 3.40. I lost $900. Then I got lucky buying AMC at under $5, so I bought more at what I thoguht was $11 but retard me hit market order and the 500 share buy executed at 13.67. I got out of it today at like a $120 profit and was so mad I didnt sell earlier when I was up $3k.

In total, stonks and crypto have lost me about $1000 just this week.

>>27071120
50-30-20 rule and NEVER ever touch college funds.

Now, WHATEVER you do. Don'n try to gamble it all back. You will get rekt in this market. Just try to wageslave it all back. Play safe

I paper handed half my doge coins at .03 because some dipshits kept clamoring about how it wasnt going to come back up, and then didnt realize i couldnt put that money BACK into doge because of RHs bullshit..so now i bought GME and just waiting to lose money.

TL:DR doge good, gme bad

>>27067897
i lost nothing

>>27071120
>betting money you cant afford to loose on a meme stock

The sad truth is that for every 1 person that makes it to the moon with the next memestock or crypto, there's 100 other's who just lost a sizable chunk of their savings trying to do the same thing. You're best bet to "make it" is to just fucking play it safe.

>Only spend money on necessities such as rent, give yourself some pocket change for luxuries.
>Put the rest of your money in a high interests savings account
>Treat stock market funds with the complete expectation that you will probably not see that money, i.e don't put in what you're not comfortable losing
>Proceed to save up as much as you can until you can comfortably retire.

There, now you're more financially saavy. If you do this right you can retire in 5-15 years of wage slaving depending on your salary and cost of living.

I’m down $2k on BB. How fucked am I? Does it have a chance to go back to $20?

i made $300 in 5 minutes on CATB. then i lost it all in a greedy trade. Then i lost another $500 when the market crashed

>>27084446
based post thanks anon

>>27068466
You lost on both sides of the trade... impressive

>>27071120
Good, he shouldn't be going to college. Teach him a trade and get him into the workforce, college is a scam that will just place him into debt.

>>27084446
>just put all your net worth into fiat
pathetic

>>27081899
Nice day trading man! That's the real secret to making money is catching all those little moves the market makes during the day.

I don’t know what to fucking do I’m literally financially fucking ruined

Had around 100 ETH, lost nearly 95% on Dogecoin and BTC liquidations from Elon Cuck

>>27084446
>high interests savings account
lul yeah get that 1% bro
this is fucking retard advice
if you're going to invest like a pussy just put everything into AAPL

>>27067897
Do you get payed to larp or do you do this for free?

>>27084446

You only have high interest accounts if you got millions to spare, I think it would be better to go for 7% dividend stocks

>>27067897
I was up 25k and then it went down. I'm back to where I started and not mad at all.

>>27068192
fantom lmao

i bought some shitcoin like a retard and panic sold it because i was mad about missing the massive doge pump
lost like 2% overall

lol i hold on my last 0.5 GME and i have no money to buy food for another two weeks ahahaha

>>27087652
lost 14 GME because I got fucked by RH

>>27071120
Don't bet money you can't lose retard
>>27076769
is right. Just hold till you recoup your losses and then pray that your family is forgiving

>>27084446
inflation will eat you alive, this is straight up awful advice

>>27084446
>just invest in fiat bro
Jesus Christ this is the worst advice possible. If you want safe investments, buy precious metals or land.

>>27087789
lawsuit. class action. there's a couple. figure out a way to join.

>>27074858
based low stakes stonk master

>>27084446
Is this Janet Yellen? Fucking awful

>>27076706
What in the hell do you do for work anyways? And what are your other "income stream" plans?

>>27088324
will take forever tho, thanks

>>27067897
I'm a fucking retard and I doubled 300 into 600, and invested 200 of that into slow burn low cost stocks that I can check up on and pretend I have a bank account with an acceptable interest rate

i lost yesterday 350$

>>27068466
bag holder
get in on some other meme pumped stocks if you want to make that 12k back

>>27067897
>lost $1200 on SPY puts in april
>got a $1200 UNI air drop
>made $1200 in gains on GME over the past 2 days
i'm fine

>>27071120
its what you deserve for saving anime girls on your computer

>>27072764
jesus. lol.

I don’t know how any one with average iq could lose during this it was too easy.
Even me a below average iq NEET started with 2k a week ago and 4x it. GME, AMC and DOGE.

>>27068118
An overwhelming majority of traders lose (with training only ~10% make gains at most). But thanks to the way humans are made we only look at successes creating the illusion that everyone is getting rich. You only make money when you steal money from everyone else.

>>27081050
The SEC will never fine him enough to make him stop, I'm sure he made a fuckton of money on GME and BTC already

>>27067897
January 1st i traded with no slippage and lost 4 eth in a flash pump on hex. fuck those stupid niggers

>>27067897
>This is the first time he lost money on a bad trade/crazy market
Lol, I've woken up to tens of thousand lost multiple time before and I always make it back eventually. You win some you lose some, go buy RDD, it's the next shitcoin everyone's pumping.

>>27067897
i really don't understand how you lost ETH
you mean you lost 20 ETH of value or you literally fucked up and lost 20 ETH
either way you're a fucking retard

>>27068466
Hahaha. Why would you sell? How does a drooler like you even get 18k in the first place? I cannot believe you are functional enough to hold down any sort of job.

>>27072764
damn, now he is just holding debt.