/biz/ - Business & Finance

shut the fuck up nigger you are seething because you sold

>>29477413
>he sold
ROFL

>>29477632
anon...
Of course i sold.
Why this denial?
Previous ath was 20k..., it almost reached 60k... Suckers deserve to lose i guess

>>29477413
>NOOO YOU HAVE TO SELL
It'll recover in a year or so

>>29477822
yes that's my point. Why not sell and buy lower? Do you hate money?

>>29477413
nah

>>29477413
Don't sell just convert into a stable coin then convert back when shit keeps dipping.

>>29477413
Agreed, and if people want to make the kinds of gains they dream of in crypto they only have to go to silver penny stocks, which went up 150x (I. e. $1000 > $150,000) when silver merely doubled. Dumping your Bitcoin for BHS is the best decision you could possibly make, getting out of the top of one bubble to get in at the bottom of the next one.

>>29477413
>blocks your bear market

>>29477920
Because there's a chance it'll reverse and leave me behind

>>29477413
Sell to what?

>>29477413
and why shouldn't it repeat the same performance as from 40k to 28k? You are just beyond retarded and it is a classic 50:50 right now.

>>29478034
"@neerajT4"

>not using log graph

>>29478131
because technical analysis. Massive sell signal on the weekly. The larger the scale the more powerful. Bull market is over for now, altough it might bounce from 30 k or even 40 but i doubt it

>>29478035
I've been looking for you. I was accoomulating BHS at .9, I should still buy at .14 or do you think it'll drop back down. A nickel isn't much but thousands of them is. Additionally, when/if these silver miners shoot up, do I sell, skim for profits, or hold?

>>29477739
It's going back sub 20k brainlet. Watch and see.

>>29478360

Do you mean USD or CAD? $30 million market cap is still extremely cheap if you're buying BHS today but obviously there's risk of a correction after such an excellent run. It's not wrong to buy more BHS but if you want to get something which is in less danger of dumping and closer to rock-bottom then get Irving Resources instead.

>>29478432
you don't believe 30 k support will hold?

>>29477413
next support is actually 35k but I won't even bother selling, it's a taxable event and we'll be back up in a few weeks anyway
You don't sell during a bull run, you BUY more during dips. I'm waiting for sub 40k prices to start buying though

>>29477413
>This graph is telling to you to sell right now
Like it did at 40>30? It's probably going to make a higher low and pump to ATH. If 39-42k doesn't hold we'll probably go down to 30k again, but bounce from 40k to a new ATH is more likely than dump to 30k at this point.

I don't make my decision based on TA

>>29477413
>selling
>btc
i'm buying all the way to 10k faggot

Look here, you absolute mongs. This has happened how many times since December now? The bull run isn't over. Pi cycle and RHODL are still showing bull indicators for now.

So listen to this man >>29478975
buy the dip, sell the true top once in your life

>>29478050
I don't understand this at all. leaves you behind? you think it's gonna 2x in 2 seconds or something? if you tether up $100k it doesn't really matter what bitcoin does....you come back into it and pick right up where you left off....with $100k. ride green candles up.....sit red candles out. who cares if you miss a green candle every now and then....so long as you're dodging red candles your net worth just continues to rise.

>>29479271
you literally have no understanding of how market move in waves.
on bull market, dip recover and go higher. On bear market dip retrace, but faill to go above previous high and then dip further....
I can't even. you deserve what's coming. Read a book or kys

>>29478639
30k support will hold.

>>29479589
If this dip falls beyond 40k, I'll agree it's over
Until then, there's no reason not to believe it will go even higher. Just a dip to recover from, even if it looks scary to you newfriends

>>29479526
>ride green candles up.....sit red candles out
how new are you?
if it was this easy we'd all be billionaires from trading shitcoins. It's just guesswork and it's bound to make you lose your shit at some point.
only non degenerate strategy is accumulate at any level and hold 5-10 years.

>>29479986
i don't think so. but maybe 40 k will hold. I wouldn't bet on it

>>29480176
this reasoning has a huge bias. You assume crypto will only go up forever. it could reach a ultimate peak and then decrease for a decade. It's funny how each and everyone has huge bias on this market.

>>29480176
how new am I? kek, been doing this since 2014. how new are your? hodl and pray is a retarded meme. it was clear af to me yesterday that we were going lower...so I sold. why the fuck would I not? you people act like the market is a complete mystery with no direction. if you're confused by it...then yeah, just buy and hold. probably not gonna work out for you as well as you dream though.

I've only put money I can afford to lose so I don't mind losing it. Therefore I'm not selling, just hodling.

>>29480558
this, I've lost $200 cad so far lol

>>29480558
>>29480656
you'd probably feel differently about all of this if you had greater than 6 fig portfolios. protect your gains.

>>29477413
this graph doesn't say 30k you dipshit
it still is in a parabolic advance
idiots like you were plentyful in early-to-mid 2017 too

>>29480549
Hodlers are literrally people who canno't sell and take profit when it's high and buy when it's low. I just realised this. It somehow worked with btc, eth,..

>>29477413
I'm honestly just waiting for the normies to shake out. Maybe all the "my lil bitcoin be doing something" tweets are now tweets begging Mark Cuban and Elon Musk to buy Bitcoin again kek

>>29480860
theres a fine line between patience as a virtue and patience as a fault. this market is volatile af so I get why newfags are confused by it.... you have to trade the trends though if you hope to make it

>>29480757
Had i had a 6 fig id be playing around with 5 figs instead

>>29480757
Uhh I have a six figure portfolio, and this dip is nothing. I got some stuff for cheap though so that cool.

>>29481003
You are retarded. Normies is what makes it go to the moon.
Asking for a crash is asking for another 3 years of recovery and not being able to make steady gains.

>>29478050
Dont be greedy.

>>29477920
Also dont forget the fucking 25% tax

>>29481435
with what money? you're down $55k this week. with what money did you scoop up cheap shit? this dip is nothing in the grand scheme of things, because it will go back up....Im not saying it won't. I'm saying newfags who wear hodl like a badge of honor when we all know it's about to drop are fucking retarded.

>>29481609
i don't live in burger land. Crypto to crypto isn't taxed so just tether or usdc

>>29481630
With cash I have on the side, stop being a shitty fudder you faggot.

>>29478589
>noted
USD
I like long term investments. Sorry for spoon feed, but say it pumps hard. At what point do I dump my bags (or say, half my bags).

>>29478127
>Let me just sell all these coins I 3x-5x'd on so I can pay an additional 40% in short term capital gains on top of the 30% I've lost in the past 3 days.

OP should rope himself for being such a fucking retard.

In b4 edgelords who think hiding their 5 figure crypto portfolios from Uncle Sam makes them a brave revolutionary. Enjoy explaining where it all came from when you try cashing out over 1M, retards. To anyone reading this who isn't in the USA, you literally don't matter lmao.

>>29477770
>>29477413
>>29477920
>he sold this chart

>>29481776
cash from gains you mean. you're not putting fresh fiat into the market at this stage of the cycle. we both know that would be retarded. you're playing with gains....which is exactly the argument I'm making. take profits when appropriate so that you have dry powder at the ready.

>>29477413
how many fucking times have you retards said that?

>>29482054
First thread i made. Other bears are not me

>>29477413
>t. I sold before the breakout
>t. I want to will the market to go down so I feel better about my mistake
anon, I...

>>29477413
Imagine thinking your weak fud on a mongolian snake-charming forum has any impact on anyone
Why bother?

>>29481609
Making money and paying 25% is better than not making any money at all.
BTC has been predictable as fuck. It does pic related every 3-4 years when halvening happens. Also see >>29481822 . Sell the peak (you'll know when MSM starts writing about it), buy the dips.

>>29478131
It was just 3x from it's previous ATH, retard. It's going to go down

>>29477413
I think I'll just buy the dip. Because I picked good alts with actual real world use/adoption.

>>29477413
Yeah, it's only downhill from here.

>>29481609
Panic selling and rebuying is usually a loss. It's called wash trading and some people will do it on purpose for tax loss harvesting to save on other capital gains taxes at the end of the year. Basically it doesn't matter. If you sold 10k of assets and rebought on the pump and only have 9500 of assets that's a tax deductible loss.

>>29481976
Generalize much? Anyways DR;NS

>>29477413
Nah you're meme lines are shit.
39-40k is the absolute bottom.
Even then that's a stretch.

>>29481609
Oh nvm you're talking about making a gain, in that case
>>29482524

>>29482511
Why are you even using this website if you don't want to share with others. Do what you want, and actually you might be surprised at how some people can make decisions based on internet forums
>>29482524
Most of people of 20 something thinking they will make it without any trading skills by simply HODLING. This is the scam that fuel dumb money.

>>29482613
honestly anon, if you're pumping fresh fiat into a bull market after BTC has already gone more than 10x in a year....you really are retarded. where were you when BTC was under $10k for like 3 fucking years....?

>>29481817
so basically swingers are fucked

>>29477413
We're just in the second or third bear trap, dude.

>>29482765
>Why are you even using this website if you don't want to share with others.
Types like this are the worst 4chan posters

>>29482876
They always were.

>>29477413
nice bait but the bullrun is over, you must be angry you held link which couldnt even reach a 2x like other coins were 10x 50xing left and right

>>29480316
no, i assume it will go up SUBSTANTIALLY from here then stabilise, as it reaches some form of dominance in the financial/digital commodity markets that will arise in the future.
I also assume that, as it is arguably irrelevant from today's perspective if you bought at 300 or at 900 or at 3K some years ago, it will still be irrelevant, 5-10 years from now, if you bought at 30k or 50k or 80K. Gains are gains and they will be huge, as they are now.
>>29480549
negro please, do you undestand risk adjustment? by all means trade your shit feeling like a big boy trader pants with the risk of losing 10% in one afternoon, repeatedly; i'm more than comfy buying since 3K with a small part of my income. My folio reached mid 6 figures in no time
>probably not gonna work out for you as well as you dream though
i think you need to go back, you really sound like a fag and your shits unironically retarded
>>29480860
>newfag thinking he can time the market consistently
did you "take profit" when it ran from 1K to 3k? From 6 to 12? How about from 7 to 100? How did that work out? Did you "protec your gainz"?
>>29481220
you keep saying confused and it's pretty clear to me you're just projecting

>ITT: impatient little faggots that don't understand this is a long game and short term gains/losses don't fucking matter, however large.
Just keep stacking and you'll make it. Don't go all in on anything, diversify cross assets. Cash is and will be trash.

>>29477632
Oh yeah I'm seething that I sold before the price dropped by like 8k yeah I'm seething so hard rn

>>29480316
We are early in crypto.

>>29482827
Again generalize much? I’m not in BTC you fucking newfag.

*buys more*

sorry what were you saying?

>>29483151
you're projecting. same cunts were telling me I was retarded when I sold all my BNB at $290 a few short days ago....I told you I'd rebuy under $200.
that's about $50k gains I did not give back to the market. gfys retard.

>>29480316
retards have been saying this same shit for years

>>29477413
ur chart screams buy
how retarded are you

>>29483268
kek...this is your first time isn't it?

>>29481822
what happens after 2028?...

I'm never selling

>>29477413
>investing.com
>not on log scale
>doesn't know how to take a proper screenshot
if the anons here and data mining algos lurking aren't buying more after reading this thread you were never going to make it

>>29481822
/thread

Realize your mistake and buy back in OP, Or at least hedge with some sturdy rope

Lol bought at 3figs

>>29483818
yeah, the great thing about selling into a stable coin that you guys don't seem to understand....is you can buy back in at any time with the same amount of money you stepped out with!

>>29481822
So BTC tends to 10x from the red/amber zone. $200k BTC when?

>>29483983
Gonna have to pay that capital gains tax on the tether u bought

>>29483441
whatever the fuck ever nig, you keep doing you and enjoy it while it lasts. Believe me it won't. You only need the market to turn on you 2-3 times and you're fucked. But alas, enjoy trading your chink shit coins clapping like a retard for 50K "profit" that would be like a speck of dust if you wouldn't fuck around and had an attention span larger than a toddlers.
>>29483983
>losing sats
>same amount of money
You keep thinking in fiat and that's why you'll ngmi

>>29484245
august-december

Jesus did you learn nothing from 2017 buy when there's blood in the street. You'll never survive this way

>>29483983
Quit while you're ahead. Reminder that the final destination for a swingy is always ropeland, no exceptions.

>>29477413
>he sold

>>29480316
Bitcoin will likely go up forever because
>China produces most of it
>The base price is determined by energy costs to mine +/- excess demand
>Production halves on a set schedule, doubling cost to mine
>People constantly lose their wallets (even less supply)
>There will always be bagholders pumping it
>There will always be people timing dips and FOMOing
In other words, the cost to produce is designed to exponentially increase, thus the price is indirectly designed to exponentially increase with it.
It's the perfect ponzi scheme/pump and dump because supply halves on a set schedule, driving the price up, and fueling a FOMO pump.

I held during the first bull run and lost all my gains. I sold this time around, my $2900 investment turned into $140k.

I just came here to laugh at the retards who didn't take profit. You dipshits act like you cant buy back once you sell.

>>29477413
Just sold 2BTC and put it into rubic. You should do the same, sirs

>>29484279
If you have to pay capital gains, that means you made money. That should never deter you from selling an asset. You'll have to pay it eventually. You'll lose more money via transaction fees via trading than taxes.

>>29483628
The Great Reset / Black Market Capitalism