/biz/ - Business & Finance

Your a gay weakhanded fag who can't learn 2 hodl and buy low sell high
This shit is easy Im up 400% on my initial and Im far from being in p&d groups

This month there was so many news on many coins that you could of brought up on then sell the pumps. You're missing out so much

>>3624296
What did you hold for that long?

You were supposed to sell ATH anon

realize that if you had just put that into bitcoin you'd be 40% up after at the bottom of a dip.

you probably chased some shitcoin instead of listening to the actual helpful advice from the bitcoin maximalists

just buy bitcoin and fucking hold it and post again in 3 years

>>3624296
what the fuck are you doing?

>>3624296
The problem is your fucking weak. You just have t handle the negative PnL and hold.
The market made several thousands percent this year alone. You really think the majority didn't profit from this? Actually it's this opposite. Losing players in the crypto market are a minority, made up of weak people that can't handle a negative PnL for a month or two.

Up 800% overall and feel ashamed. Your doing something wrong

>>3624419
You got it. I'm up 1000%+ and not a fucking genius. I basically bought and waited.

>>3624343
>Your a gay weakhanded fag
Yup, that's me.

>>3624346
>You're missing out so much
That's exactly what I fell for.

>>3624359
I bought all my coins shortly after ATH or PnDs, I guess. I bought IOTA just in time to ride it down in August for example. Lately I fell for ICO hypes like ethbet, but I don't blame anyone for that but myself.

>>3624364
Yeah, that dawned on me not too long ago.

>>3624388
I might end up doing that when my portfolio value hits 1 BTC.

>>3624400
All the wrong things apparently.

>>3624417
How is that even possible? How can there be winners if there are no losers like me? Not trying to piss you off, I just don't get it.

>>3624419
No news there.

>>3624447
Do you think

>>3624296
because you're too retarded to distinguish smart comments from idiotic shilling.
If you dont buy shit like Ark/Iconomi/Siacoin/BTS right AFTER it was pumped or gained x10-20 in 2 months, you wont lose.

If you instead search and buy the undervalued projects that have NOT been pumped, wait 2 months, like fucking Link, you're good.

It is your brainpower that makes you lose or win, and actually it is not that much brainpower needed if you recognize the smart comments.

Through early morning fog I see
visions of the things to be

>>3624694
you'll still end up better off than nocoiners

Sorry, I've sent my last post too early.

>>3624447
Do you think I can make any profit off of the "already established" coins like XMR, IOTA, XRP if I hodl long enough? Right now I have no idea if I'm being delusional to hope for $100k in the long run. What if what I thought to be FUD is real and we're in a bubble that's about to burst any day now. Should I just drop my bags at what are massive losses to me and buy something else entirely to try to at least get my initial investment back?

>>3624696
>because you're too retarded to distinguish smart comments from idiotic shilling.
That's a fair assessment and I wholeheartedly agree. I already know I'm a gullible brainlet.
>LINK
That's one of the coins I wouldn't want to buy, because it's being memed on /biz/, it's ERC20, not to mention the talk about oracles. Fuck, I really don't know what to believe anymore. I'm just glad I didn't invest more than I could afford to lose, although it still hurts to see the losses I make. I was wondering why nobody replied with LINK earlier, given that I'm a weak minded fuck that would buy at a ATH.

>>3624721
Tell me more about visions. All the visions I get regarding the rest of my life Either I'll be stuck with my 925 job, end up a NEET or take the easy way out.

>>3624729
That's what I keep on telling me. Then again my opinion on crypto has changed dramatically. It went from what seemed to be my only hope of not having to worry about my financial situation every. fucking. day. to a vehicle for evil/smart people to screw people like me real hard.

I'm more and more inclined to believe the FUD that's being spread. I wish I had at least one person that I could trust to talk about this. Friends don't understand why I invested in crypto, but I never tried to shill anything to them, because I've never been sure it myself and I didn't want to lie to them. I can't confess to them that I only made losses, they'd most likely tell me to pull out ASAP.

>>3625051
... All the visions I get regarding the rest of my life are:* Either...
... I've never been sure about* it myself...

Well, fuck, even confessing my stupidity to strangers on the internet gets me all worked up, because the internet never forgets. It becomes more and more evident to me that I'm not fit for this shit.

I don't even know what I want to hear, given that you shouldn't take advices on /biz/ or even do the exact opposite. I guess this thread was pointless from start to finish. Sorry, I'll just let it die if nobody responds anymore.

>>3624296
>Thanks for the life lesson anyway.

you're welcome

Jesus christ OP

>>3624417
>>3624419
>>3624447

You know what, maybe op has a point...

>>3625199
>>3625235
:(

>>3625222
For the love of god, please tell me 1) you've been wealthy already and 2) you kept buying BTC.

OP look for coins that have strong teams and low market cap if you want good gains. WTC to me has a real good shot at going 10x for example.

>>3625257

I started with about 5 BTC

Rode Ethereum

Then rode Antshares

Then rode OmiseGo

Now I'm riding WTC

Maybe I'm just lucky I don't know

Most people on /biz/ suck because 1) they don't bother to do any research about what they're buying or to learn anything about trading. 2) they're impatient.

The funny part is that those are the biggest reasons crypto is so profitable too.

>>3625222

what's the name of the app you are using?

>>3625296
stop riding so many coins you slut, you're making the rest of us look like foolish wagies

>>3625308

Blockfolio

>>3625296
>>3625257
>I rode all the coins /biz/ shills

As much as you guys blame /biz/ for fucking with you; Eth was obvious, Antshares was obvious, OmiseGo was obvious; all because /biz/ shilled them like never before. You guys should listen to yourselves once in a while and buy the coins you spend 10 hours a day shitposting about. You're all gon make it.

>>3625296
You are pretty lucky, since you lost more than half in a few weeks at one point.

>>3625348
>btw guess which coin we're seeing 100 threads a day for. Hint it's not Kyber despite the money skeleton's endorsements, it's the zelda coin I was salty being in block 97.

>>3625275
Aren't the Chinese people behind WTC supposedly trying to achieve what IOTA is going for? Also it's Chinese. How can you tell they're not just trying to bump up the price so they can dump their "worthless"(?) coins (on me) for a profit before the imminent ban hits? Looking at the chart, I'm seeing what I saw when I rode the downward trend of IOTA back in August.

>>3625296
I don't begrudge anyone the profits they made on their investment where I made losses, I just wish I'd have made some profits myself, too.

>>3625303
Yeah, I must admit I didn't do much research either. Plus, I still struggle understand how ERC20 tokens come into play when, for example, someone is developing a crypto online casino where you can bet BTC and ETH. It seems to me compared to crypto that's openly dealt as a currency like BTC and XMR these tokens are even worth less.

>>3625319
pic related

>>3625365
/biz/ tells me to do my research. That zelda coin seems to be the most obvious scam of them all. Nobody can tell me what oracle problems are even supposed to be. Almost like they don't exist. Easy to solve a problem that doesn't exist. Who will buy my bags of zelda coin (I like that term, it really cheered me up a little, thanks for that) in a couple months?

>>3624296

>Now I understand that as long as I'm not part of some elite pnd group I won't ever make any profits

you know nothing. the only people losing money in crypto are panic sellers and retards like you who take investment advice from an anonymous message board.

DYOR mate /biz/ is for bantz, sometimes good to get in early on shitcoins

>>3625578
>you know nothing
Are you saying PnD groups aren't the ones who benefit the most from crypto as a whole?

>>3625593
Thanks for that honest answer.

>>3624296
STOP PANIC SELLING

>>3626146
But most of my losses I made by just hodling the wrong coins like IOTA.

Please let me end this stupid thread with one final question (I'm doing the same mistake of trusting /biz/ yet again), because this is something basic I still don't fully understand. What does a sudden(?) increase of volume with virtually no change in price mean? Shouldn't the price eventually go up, because there's more people buying the damned thing?

>>3626340
volume just means buys or sells. so in this chart, the buys and sells increased together, and then eventually the sell pressure took control.

>>3624296
>I realized WAY too late
the moment where you were thinking of buying crypto and it wasn't 2013 was already way too late, seriously you didn't have to be a part of the clique, all you had to do was buy 100$ of BTC under 1$
you dun goofd, and you dun did this to yourself ... fagget!

>>3626407
Thanks for the clarification!

>>3626443
I KNOW
I don't blame anyone but myself. This is why I'm so frustrated. It would be easier to cope with if I could blame someone else.

>>3626340
also, just don't give up you limp wristed fagget, chill, keep researching an learning about trading, DIVERSIFY, and stop falling for the "WE WUZ MOON N SHIET" meme, and in the end unless you make really obviously retarded trades, don't go too hard on yourself, because in the end it all comes down to luck, there's just too much shit for you to predict even if you're the best ever, so in the end... it doesn't even matter

>>3626691
>falling for the "WE WUZ MOON N SHIET" meme
by this I mean trying to get rich quick, start small and learn to pick 'em, in time you'll get enough money to actually be able to make money, and not just dump all and literally gamble it away

PS. I'm drunk so sorry if I'm not making much sense

>>3626707
>PS. I'm drunk so sorry if I'm not making much sense
It's cool. I think I'm starting to understand. I just hope it's not too late. Have a nice evening... or day...

>>3624694
>>>3624417
>How is that even possible? How can there be winners if there are no losers like me? Not trying to piss you off, I just don't get it.

its not a zero sum game. theres more than enough opportunities to go around. you'll learn with time.
i was aroudn MTGOX and sold bitcoin back then. didnt have the patience for the drama.

i sold 1500 8 USD NEO at 20 before the pump to 40 an 50. i had 10K USD in SIGT and was one of the top holders for a while. took a loss there and am climbing back up day by day. still holding a 7k opus bag 50% down. its all in the game.

>>3626902
I looked into buying OPUS, but I stumbled across post #873 on the ANN thread on bitcointalk... opinions?

>>3627006

the team is young. they are mostly at school yet, students. i think they actually met in Dubai studying.

the CEO used the same address for the domain registration that he used in WOW or Diablo. was he selling gold?

1) he's a former NEET who is building something
2) he plays or was playing vidya, one of us
3) he was selling gold - entrepreneurial

i wouldnt worry about it. it's a mid to long term hold, risky but potentially very profitable especially at 50% ICO price.

team will be moving to Poland soon, an office and everything, hiring developers. im not fussed about the CEO personally. for me the key person here is the COO - Mach already has a successful project under the belt. also the move to Poland tells me that Mach will be taking on a bigger role in the project. the chink CEO may be eventually stepping down or moving to a dev role - not sure if he will be moving to Poland too. or whatever.

anyway Poland and Mach good, Opus great. Buy now.

>>3627006

You looked into buying fucking OPUS but you think LINK is a bad call because of the stale /biz/ "solved the oracle" memes.

You literally deserve to lose and be poor. You are the definition of dumb money.

>>3627254

be greedy when others are fearful etc

OPUS is the next big thing. maybe not tomorrow or the week after but it's time will come.

Honestly there are two not-retarded ways to go about this:

SAFE: Learn how blockchain and smart contracts work. Understand that the only valid use cases and applications are ones having to do with financial markets and supporting existing fintech. Invest in these and hold.

RISKY: Buy low market cap coins that have a lot of positive hype and shady but effective marketing practices and sell once you have reached a market cap that defies all existing reason.

If you looked at OPUS, a coin with a shitty use case and no hype and thought it was worth investing in you are doing it completely wrong.

>>3627331
>If you looked at OPUS, a coin with a shitty use case and no hype and thought it was worth investing in you are doing it completely wrong.
I blame the language gap. I'm having a hard time understanding what you're saying. To me it sounds a little like this: "You looked into a shitty coin, decided it's a shitty coin, didn't invest in the shitty coin. Wtf is wrong with you." :/

>>3627472

he's telling you that you did the right thing not investing in OPUS.

he will be proven wrong eventually. OPUS will rise stronger and higher than ever before.

>>3627472

I'm mostly judging you for deciding it was worth the trouble of doing research on a coin with an invalid use case but let fucking dank memes convince you to not do so on LINK, a coin with a valid use case.

Some guys at /biz/ have got together and started their own P&D.

Have an invite https://discord.gg/rqcEd9

>>3627624
What you're saying seems plausible, but I'm not convinced that such a platform could ever be successful. Isn't LBRY trying to do the same but with videos instead of music? Artists and content creators don't seem to care for anything but FIAT, so how would you pitch a platform like OPUS to them? I earnestly wish you the best of luck and that you get to sell at a decent profit soon, but I'm very skeptical about this... then again it should be obvious that nobody should go by what I say.

>>3627661
>LINK, a coin with a valid use case
Oh, I think I get it now.

>>3627727
I've been part of a "PnD" group like that. The only person who benefited from that was the initiator, who bought in early.

>>3627862
The group initiator isn't the only one who decides what gets pumped, the group decides

>>3627862

think of OPUS more like soundcloud. not apple music or spotify.

at the core of OPUS is the fairness to artists. most music platforms rip off artists and they get very little shekels from song sales. OPUS is aiming to change that. 100% of revenue goes to artists. its a noble goal. maybe not the fanciest use case like link or kyber. but a decentralized music sharing platform is a cool idea.

>>3628001
I can't tell if it's the same with your group, but here's how it went down in the group I was in: Firstly the group picks some coins, then the group gets to vote on the coins, out of the top 10 coins one coin gets picked by the first or last digit in the next bitcoin block. While everyone was waiting for the discord bot to announce the coin, the initiator bought some coins and sold them on the high caused be the announcement of the bot. There wasn't much of a delay, maybe 20 seconds or so, but that was enough for the initiator to buy in before everyone else.

>>3628047
Even if the artists get to keep almost all of the revenue, that revenue is paid in (what to them essentially is) toy money. If they wanted their revenue in some FIAT instead, they'd have to go through the trouble of selling the toy money first. I doubt they'd ever do that, especially with regards to how volatile the market for that toy money is.

>>3626087

no. i'm saying that although they make the most money, it is still easy to make money on your own. unless people trade like you.

>>3628279
Hm, that's fair.

>>3626707
>>3626844
Same here, I'd like to make trading crypto and stocks a full time thing. I feel like /biz/ shills getting rich off crypto as much easier than it actually is. Or maybe I'm retarded.

>>3628982
https://youtu.be/pAyKJAtDNCw?t=57

>>3629015
But is the dream possible? Or am I gullible?

>>3624694

Dude... Just put it all in eth bitcoin and litecoin

>he fell for the hodl meme multiple times

wow, and youve been here since june? come on

>>3629157
I still believe it's definitely possible, but I guess I wasn't patient enough, fell for a lot of shill and panic sold a lot of my coins that later went up in price. I think I'll just wait and hope for the best, although I doubt this will get me any 10x gains. Sorry, I can't give you any advices other than to not take advices from /biz/...

>>3629411
Yeah, I think I should. Oh, well...

>>3629435
Please, no hodl jokes... :(