/biz/ - Business & Finance

>>3523189
It isn't actually. But crypto newbies do two mistakes that cripple their portfolios without hesitating:
1st: they daytrade and get rekt by doing so.
Do research, spread your money on 3-5 coins and HOLD.
This leads to 2nd: newbie anons have no patience at all. Getting rich over night does not work.
Buy your coins, leave em for 3-12 months, come back, enjoy gains. It really is a simple as that

>>3523225
>Do research, spread your money on 3-5 coins and HOLD
Listen to this anon.

>>3523189

Its literally buy the dip and get rich you dumb fuck

>>3523225

>newbie anons have no patience at all.

I've seen "When is it gonna moon?! I'm sick of holding these bags!" posts within 72 hours of the coins ATH,

>>3523225
i think the main problem is that most people have no money to begin with.

for example, i could invest 1k usd in omg, and come back in 6 months.

>wow, 3k usd, that's like 500usd per month! great, loaning a lambo soon!

so i guess people are just trying to 2x-10x their capital first, and then hold to get passive income in the coming years

It's easy to make profit with crypto if you're not a dumbass

>>3523266
what if I am a dumbass

>>3523266
wtf i'm a dumbass now

>>3523266
wtf I love dumbasses now

you need 140 IQ to daytrade no joke

>>3523322
158
Should I start?

>>3523290
>>3523304
Again: forget 'mooooooon'
forget ' Lambo when'
You CAN and you WILL make decent gains if you have the patience to sit on your investment for at least 3 months. Think of this: i you had to put your money on a bank you'd stick to 0,5-2 somewhat %ish gains per YEAR.
If you are patient, invest in crypto, stick to your investment through the inevitable ups and downs for a few months period, you will see gains in a range between 20-200% easily.
HAVE PATIENCE ffs

>>3523345
sit on a position for 3 months and get liquidated eventually
plus 10K fee

>>3523322
well, i have IQ 142 and I'm not confident enough to do it....you need like 160

>>3523225
My first investment was 1000 on antshares at 3 dollaroos. Sold a 4.5 dollaroos. Rekt myself to 100dollars daytrading like a retarded tiger tryin to catch me an invisable pajeet. If i just held it.. my god..

>>3523322
naw I doubt you need that high, just shows IQ is bullshit
Im doing fine self taught at stocks and crypto
im just average

>>3523322
Or just be able to program a bot to trade for you

>>3523189

Because in theory crypto trading is a zero sum game but in practise it's even worse because of all the fees you have to pay while trading.

On average trader chasing fiat profits will end up losing money.

>>3523189
things tend to be hard when your'e a dumb motherfucker

>>3523322
>tfw IQ is 139

>>3523189
I'm up over 2700% YTD and I hardly even trade.

>>3523322

IQ won't help without the personality traits needed

OP just get ETHBET

6 hours left only 40% left

There are two kinds of hold
1. Cuck hold, where you let the coin sit in your wallet for ages
2. Electron hold

>le hodl x---DD
Stupid dumb faggots

>>3525052
Where did you get that pic of trump?

>>3525233
The internet.

>>3525076
>anon shitcoin being shilled here
this is pure garbage, even DICE is better

real options in this space:
FunFair
Edgeless

ethbet is complete trash. OP don't listen to these spammers.

>>3524007
How can this be true? The fees are about %1-3 of your gross gains. If you buy the dip and sell high even at just %5 you're still profiting.

>>3523189
HODL when you're not day trading, simple.
Never bet on a long bear, always keep your money in BTC never fiat.
And never try to trade when you're sleeping.

>>3525394
Mate if you don't understand how it's a zero sum less fees maybe you shouldn't be here

>>3523322
>tfw 133 brainlet

Buy this when it hits exchanges
https://steemit.com/cryptocurrency/@hitlerdoge/the-best-token-on-sale-itt