/biz/ - Business & Finance

It’s all so tiring

>>28742245
Put what you have left on Cudos. I’m not kidding.

>>28742245
Feels fine man

How often does this happen? I joined last month

>>28742603

>>28742540
Not bad anon, hope those losses say in that 4 4 digit ballpark!

Dip halted for now. I was hoping for it to go a bit lower

thanks china and elon musk !

>>28742245
Lmao. Based.

fucking bitch

This makes my dick hard

*yawn* wake me up when we get to 20

>>28742665
Thank god

>>28742806
Let me guess, you also have a cuckolding fetish.

>>28742665
Thank you kind sir, next time I'll sell on the way down or on the way up to protect myself

I mean, we know it's going to get worse in the next 48h. But here you go for now.

>>28742665
thanks for the hopium, kind sir

I have literally just started in this crypto thing but considering I’m holding the same things you guys are, should be fine. Pain in the ass though

This reminds me of January 2018. It might be time to sell again.

>>28742828
rich boi

not even worried

Newfag here. This was my first major dip experience
>witnessed my 14k portfolio (net cost is 4k) turn to 5k
to think I lucked out getting early with GRT and ADA only for them to crash so hard it reaches below my purchase price. All long-term HODL coins so I'm just enjoying the show

>>28742665
so 30% or so and we're busting through 50k

My 10 000$ long on ETH got liquidated. Absolute shitcoin doesn't pump with btc but dumps twice as hard

>>28743100
Same here bro, this GRT dip is wrecking my insides but just gotta hold

>>28743039
nope not jan 2018, more like china fud 2017

>>28742245
CUT MY LIFE IN TO PIECES

>>28743100
>everything dips 20-30%
>portfolio dips 70%
how

>>28742882
naw just elf ears. at least i can sleep easy tn. i wake up too early whenever bullruns happen

Sucks being poor

>>28742828
Links a scam

>>28743039
>>28743235

Yeah I remember summer '17 there were like three different alt pumps and crashes in may, july, and august.

>>28742603
In any given week over the long term, there is an approximately 34% probability of the price moving down 8% from the start of the week and the same probability of moving up 8%.
Year to date, in any given day, there is an approximately 34% probability of the price moving up or down 4.64%.
In any given week, the probability of moving up or down in excess of 32% is approximately zero. In any given day, the probability of moving up or down in excess of 18.56% is approximately zero.
I am tracking this on a rolling basis. Pic related, and .xlsx at the link. I use weekly values long term so I don't need to correct for the benchmark (GSPC)'s weekend values. On the daily side, I use the last average for weekend values.
>https://files.catbox.moe/bmdrxg.xlsx
>>28742665
Also this

What's that app, I only know Blockafolio

>60k swing within like 12 hours

If you were to tell me 5 years ago that I wouldn't even blink an eye after losing 60k in one day, I would have never believed you.

>>28742603
Chinese take advantage of the US holiday weekend to pull out while prices are up and US isn't thinking about investments.

>>28743458
How long do these major dips usually last? Trying my best to hold but it’s getting close to my initial investment

>>28743558
Delta newfag

As to be expected

No sweats

>>28743676
they're literally having their lunar new year. but its a funny thought thinking some crypto incel is going to rope on valentines day because btc crashed

>>28742245
Down around 30% over the past couple of days

>>28742540
Eat my shorts

Get fucked you shitcoin degenerates

>>28743679
It's already stopped and bouncing back. I sold on way down and bought back in on way up. Hedged my bets. Short term out $5 but relief for my poorfolio

>>28743679
I wouldn't call it a major dip
Today the price has moved down 3.56% which is less than one standard deviation. This is, by all accounts, a very normal day in bitcoin.
I can't time anything. I can only tell you probabilities in specific windows of time.
For instance, a one standard deviation move downwards can happen multiple days in a row.
However, bear in mind the weekly movement probabilities.
As I said there is approximately zero chance of the price moving down more than 32% in any given week (P(z>=4) ≈ 0)
Also, if you look at the net delta values in that sheet, you see that in the long term bitcoin's direction is up up up. AND that in the long term you are paid substantially more for the same amount of risk than you are in the S&P 500.

>>28743434
I don't remember how many and what exact months but we're somewhat experiencing exactly what you just described on the early days of the cycle

>>28742828
Please explain this. Are you staking 40btc for 15k interest a month?
How does this work?

>>28742665
Retard here what am I looking at

>>28744210
when in doubt zoom out

>>28744331
all the dip percentages in a previous bull market. you'll be fine basically

>>28744331
Bitcoin in 2016/2017.
The general pattern was up 150%, down 30%, rinse and repeat five or six times.

>>28744162
>>28744210
Got it, thanks intelligent anons. I guess I’ll just hodl then. Seems the newer you are, the more emotionally attached you are. Hopefully once day I can be like all of you

>>28744430
>>28744480
Thanks

>>28744461
i want to believe

>>28744284
lol i get like 1 link a day. thats my total interest earned over a year. my apologies to the link marines for giving cz this much control

>>28742245
RLC down 2.1%, thank G-D for that pump last night.

>>28742665

what retrace are we at now? 2nd?

>>28743864
>crash
>to 5,000 higher than the january high

>>28742665
The -30% was in january you fucking retard, bobos are so gay it's almost upsetting.

I tethered up yesterday so I don't have a folio to show.

I and plenty of others tried to warn you but you were blinded by euphoria.

>>28743125
look at the timescale on that chart

there are months between those 30% dips. we just got out of a 30% from jan to february

this is just a minor selloff, were still bullish as fuck

a friend of mine just lost 1.1 mil in 3 hours lol I wish I could lose that much

>>28742245
>CUT MY LIFE INTO PIECES

>>28744911
preach us poorfags the next long term hold

is GRT worth it?

>>28742245
*sip* Yep, still holding.

>>28742245
Is that all you got?

>>28742245
Like 30 minutes ago. Bounced back to $50.5M now though.

>>28742245
ope

>>28746263
nice larpfolio loser

116k here. I feel nothing.

>>28746341
Here's approximately $20m of my holdings:
https://etherscan.io/address/0x213657bCcC5CF8b74455d110C11D5A8eD6241DEC

You can verify this on MyEtherWallet:
{
"address": "0x213657bccc5cf8b74455d110c11d5a8ed6241dec",
"msg": "This address is owned by !!Dpd67cze7EU",
"sig": "0xe391831faf87ac59ec5f1c79acc2235854b6c0da410aa819bdfe2396342809a84d60d93dda3f11ae91c4c510499ac7c92cc413381c0955591dc1a7271e2e780a00",
"version": "3",
"signer": "ledger"
}

>>28742245
what app is this? i'm new to crypto.

>>28746121
just buy fucking link

>>28746276
obrigado, doutor

>>28746263
Remember the 6 million

>>28746516
Legit. So are you some sort of trust fund kid or what's your deal

>>28746742
No, just started early and hit some jackpots on the way.

>>28742245
didn’t feel a thing. Just loaded up my fiat wallet and bought more. Only started buying cryptos recently, I won’t sell until November at least so I won’t be fucked by capital gains tax.

>>28746786
Based

>>28742665
My memory must be off. I remember Bitcoin dropping from $19,000 to $3000 over the course of a few months.

>>28746786
wat would you recommend for a newfag like myself just starting out ?

which coins should i invest in?
how much money should i invest so start with? 1,000 dollars?
what crypto exchange should i work with?
what crypto hard wallet should i buy ?

thanks fren

>>28742245
Wtf is with exchanges locking customers out during crashes, https://www.mxc.me is cockblocking and isnt letting me login the fucken cunts

>>28746552
Delta

>>28746863
buy as much Tether as you can fren.

>>28743037

you don't lose until you sell

hold and you will be fine

>>28746863
>wat would you recommend for a newfag like myself just starting out ?
I don't know, make sure you learn the basics I guess? There's just too much stuff and I have no idea how much you already now.
>which coins should i invest in?
Don't feel like going into specific coins, but I'd recommend diversifying, and always keeping a good portion of your portfolio in blue chip coins, then use the rest to buy some coins you've done research into and think they seem good. Don't just buy stupid meme shit or pajeet p&d coins shilled here.
>how much money should i invest so start with? 1,000 dollars?
As much as you can afford to lose. I started with $6000, but all the way back in 2013.
>what crypto exchange should i work with?
Binance is my go-to for most things, though I use Bitstamp for cashing out.
>what crypto hard wallet should i buy ?
I have several Ledger devices and they're the only hardware wallets I've used, so those are the only ones I can vouch for. They're good, though I'd order from their official Amazon store and not through their e-commerce site given their awful track record. Just make sure it's the official store and keep an eye out for a supply chain attack.

>>28747102
is 1,000 worth of tether a good amount to begin with?

how much can i see if i hold for 5 years?

>>28747282
i'm a burger tho, how can i access binance ?
do i have to use a vpn? if i do then would NORD vpn work ?

also how does it feel being a richbreh ?
do you invest the money you have in properties worldwide?

>>28747291
this better be bait

>>28747291
Are you retarded? You took the wrong street, go back towards reddit or Facebook.

>>28742245

>>28747403
>i'm a burger tho, how can i access binance ?
Well, I'm not a burger, so I don't know the details. I've heard a VPN does the trick.
>do i have to use a vpn? if i do then would NORD vpn work ?
No idea about which VPN providers work for that, since I've never had to use it.
>also how does it feel being a richbreh ?
Massive weight off my shoulders, though I haven't really put the money to much use yet. I was going to spend a lot by traveling and shit last year, but corona cucked me, so my plans are on hold for now. You'd probably need to ask me again in a year or two for a more interesting answer.
>do you invest the money you have in properties worldwide?
No, in fact I don't own property yet, but I will buy myself a nice place in the near future. I am slowly but surely moving crypto money over to the stock market though.

>>28743639
I aspire to be like you

>>28747291

dont expect an answer on how much money youll earn. youll just be disappointed

Not feeling too bad this time, less shitcoins overall so it’s only like a 8% hit

Not even concerned. I'm not a retard so I liquidate all my shitcoins into BTC whenever i'm finished making gains.

its fun watching shitcoiners seethe

7-10% depending on where i look lol

>>28747291
lmao literally buy anything else

>>28743224
shit kunt, learn to trade

>>28746516
Whales are on /biz/ (even though this is only a small one)
Some price manipulation shit must be going down right now what the fuck

>>28744284
>estimated value
>LINK - AMNT - AMNT ACRUING INTEREST

christ.... do you even have eyes?

>>28747483
>>28747588
>>28747729
>>28748027

i'm a literal brainlet newfag anons, i-i just wanna make it in this cruel cold world

>>28745827
Another ~30% dip just before easter I'd wager. The post easter boom will be huge though. Q2 and Q3 is where massive amounts of money will be made.

this is nothing, retards

>>28742245
if real you are honestly retarded
>not putting 100k into every project under 500M with a somewhat competent team

but cool keep your fake internet money in a 10B vaporware project

>>28747403
binance.us

If you use a vpn on binance.com they can/will shut you down and take every coin left on exchange.

>>28742482
shhhh im still accumulating

>>28748481
are there some cons on using the burger version of binance tho?

>>28746552
blockfolio

Getting cucked hard by Gemini.
I thought I could be smart keeping BTC for buying dips in their new Earn feature. Now I have to wait FIVE FUCKING DAYS to take out my BTC.
WHAT THE FUCK!

And I have an order pending in Uniswap for another Cover THAT KEEPS TIMING OUT. BEEN TRYING THERE AND SUSHI FOR 4 HOURS.
WTF WTF

>>28744911
>my apologies to the link marines for giving cz this much control
whew, that was a close one

Didn't even bat an eyelid

>>28747291
>how much can i see if i hold for 5 years?
zero dollars.
tether is going to zero when the ponzi scheme is uncovered

>>28748468
>if real
As if 50k link is a lot. It was nothing when most anons here bought in, oldfags just don't post as often because of newfags like you

BTC is still very high
Are shitcoins dumping or something?
I think people could be cashing out of shitcoins into BTC

>>28743639
Yeah - I had that same conversation with a mate today. Down 200K and it doesn't even feel

Fuck all of you. This is my life savings and work for past 8 years.

I'm not moving shit. Holding and will shut off my phone for a month idgaf.

>>28748346
just read some white paper, buy a coin with what you think is good fundamentals, that hasn't pumped yet, check it's not shilled too much in here, buy and hold it tight.
If you wanna go long, just buy the main coins and be patient. If you want to x10 then DYOR.

>>28749103
No one is telling you to move shit you fucking halfwit. If anything, BTFD

>>28749103
>900k DOGE
>5k ETH
?!????

>>28744331
Retard hear
Retard hair
Retard hair
Retard hare
Retard here

>>28749103
That much DOGE. For someone who is on the verge of, or already has made it. Why?????

>>28749478
>retard heir

I feel nothing

>>28742245
boo hoo mr millionaire losing money

look at how they massacred my boy

>>28748051
I started with 100$ three weeks ago. Cope

>>28742245
get a load of mr buys the right coins

>>28749103
>961k in DOGE
anon...

>>28742245
I want to weep for you

down 6.75%

am i gonna make it?

>>28746516
Can you buy us Latino hookers

>>28749103
Dude, Elon told you to sell the DOGE.

>>28743639
Gotta learn to cope with the fact that there's no unless you sold.

>>28744210
is this guy?

>>28742245
-$21,219.85
24h Portfolio Change (-10.72%)

>>28742245
I feel nothing

Still up from 2k end of January

>>28746516
based

>>28746516
I bought umbrella network. am i gonna make it or should I just buy poewrball at this point?

>>28746341
Do tourists really?

>>28746516
holy shit, if i had that portfolio i could have saved that stray cat i saw earlier. one day i wanna be like you man.

>>28743224
if you’re buying DPI you have no business punting on leverage

>>28743037
Just started yesterday with $200 plus the trivia freebes. Only kicking myself in the ass I didnt wait until today to buy. Lesson learned.

>>28754319
If there was a AMM index I would buy it because picking winners is too hard. Too many forks.

>>28742665
>we don't need a price axis where we're going

>>28746516
why don'tya join the six fig hell bizcord and guide us there fren, we have a few in the milly club out there discussing finances and personal development too.

>>28754319
What does that even mean? this is literally 100% profit from leverage and only for riding safely the defi season soon. I guess, I should listen to biz and buy the next mcdonald coin and #HODL. Fucking lol

>>28743939
Kek are you a maxi because you have a history of substance abuse and need bumpers and blinders to protect you from going off the rails?

>>28747874
kek refresh it retard

So what happened ? Did the chinks do this ? If so why?

>>28756027
Its the weekends.
No spot orders from U.S
They always liquidate longs on weekends.
Blame the gamblers on leverage exchange.
They collectively lost $1.3B today.

>>28748346
bonded finance is 2c right now and will go to a dollar this year
good luck newfag