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/biz/ - Business & Finance

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49746759 No.49746759 [Reply] [Original]

Why did I never take any profits? At one point, I had $80,000 in my wallet. I never did anything. I've just watched it slowly fall over time. Didn't cash out, didn't actively manage my portfolio to make even more money. And I am still not selling anything, because what's the fucking point when it's 80% less?

I don't need the money. I never did, technically. I am a steadily employed middle class wagie. I was just going to let it ride to some arbitrary point where I felt like I "made it". If $80,000 wasn't enough, would $200,000 be enough? $1,000,000? I literally don't know. I don't have a $ goal in my brain, even now.

So here I am, never having lost anything, but never having realized any gains. Could there be a bigger waste? How many billions of people on the planet would literally kill for $80,000, and I just looked at it as it slowly drained away.

>> No.49747074

>>49746759
>Why did I never take any profits?
Kek, this is one thing i don't joke with
i still remember selling part of my PKR when i saw over 200% profit, which i used to get myself a good watch, and reinvested part of it into Sylo, for easy XTZ staking on it's smart wallet.

>> No.49747111
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49747111

>>49746759
>I don't have a $ goal in my brain, even now.

>> No.49747143

>>49746759
Same here, I was up 60k and watched it bleed out after the May 2021 crash through the dogcoin fiasco. Then when it pumped again in November I bought more because I thought the bull run had resumed and ended up buying the top kek

>> No.49747180
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49747180

>>49746759
What use is a quarter billion dollar aircraft being scrapped for metal to refurbish a lada

>> No.49747240

>>49746759
For what it's worth, I sold doge when my 200 stack was 1000, and it would have gotten to 300 000 if i had just "done nothing" during the down legs.

>> No.49747282

>>49746759
>Why did I never take any profits?
cause you're a faggot

>> No.49747294

>>49746759
>And I am still not selling anything, because what's the fucking point when it's 80% less?
sometimes you just gotta learn how to take a fucking loss and move ahead mate.

>> No.49747317
File: 59 KB, 741x526, Meta x Lace.jpg [View same] [iqdb] [saucenao] [google]
49747317

>>49746759
I know of a way that could save you, but you gotta trust me on this. Meta's invested in this, so you already know there's a big corporation with funds and backing and won't spiral into nothingness

>> No.49747714

>>49746759
i want at least one million dollars just say i can say really cajuactually
>made a milly bux

>> No.49747857
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49747857

>>49747143
>ended up buying the top kek
that's what us wheelers refer to as "slapping the clod"

>> No.49747933

>>49746759
I did the same thing in 2017. Put $8500 in, got up to $80k, lost most of it. Took profits this time round. Hopefully you'll get another shot

>> No.49748127
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49748127

>>49746759
You want the real truth brother?
You lack confidence in yourself.
That is why you did not have a goal in sight.
That is why you didn't take profits on a theory you never really believed in.
That is why you watched it die.
That is why you are afraid to continue to play.
You don't believe in yourself enough to invest in yourself, because that's really what anyone is doing. You take all this BS info, spit out a theory, and put your money on it. That theory is you, not the fucking assets that are in your portfolio.

The other truth?
Everyone fucking goes through this.
Are you going to learn from it and fix it next time?
Or are you going to keep obsessing over what was lost?

Chalk it up as a learning experience. Be glad that you had the chance to have this experience without losing your initial wad. Don't make the same mistake again, get the fuck back in there, and earn your freedom.