/biz/ - Business & Finance

jokes on you I only have money when there's a bear market

>>51490436
I've been on this shit since 2019, still up in general but lost a bunch of money trying to be le epic swing-trader.
Fuck my shit up, should have just bough any random shitcoin.

>>51490436
Never selling my links, also you hold link.
btw nice esl fud tell me a joke from your language.

>>51490498
you could have just bought bitcoin and you would still be up despite all the jewish trickery

>>51490436
"HODLing" is honestly the most retarded shit I've ever fallen for. It only works if you bought in at the bottom or DCA'd long before the big bull run. Then you HOLD through the dip. But if you've listened to these people in the middle of the largest bull run in history, you've just been played and used as a bagholder. I'm down 50-70% on my holdings, but I've made up half the losses now through active trading during the bear market. I kick myself every day for falling for this like a retard.

I shorted the last two bullruns and longed the last two crypto winters

i didn't waste any opportunity to stack BIT whether its during a bull-run or bear market, because its still really cheap compared to how BitDAO is committing millions in dollars to projects that will revolutionize the market in the coming years

>>51490847
extremely based, here we have a true biztard

>>51490436
Held 1million ftm once, now I own 10k in a shitcoin I've held for 2 years (which also mooned but I didn't sell). At least I was close.

>>51490436
2016 fag here, went all in BTC in 2018 (didn’t trust tether and still don’t trust tether. Now in 50/50 dai/paxg waiting to slurp the heckin dipperino again.
>I only lost $500k on paper so far

>>51490436
The very day of the 2022 top I looked at my portfolio, thought about selling and decided I didn’t want to pay taxes. Instead I cashed out on the way down at exactly break even. So at least I made a choice

>>51492679
>purposely loses money to avoid paying taxes
Absolute chad play

>>51491259
Let me guess, you're holding a shitcoin called rose?

>>51490524
A Jew, a Muslim, a Catholic and a horse, entered a casino.

>>51490436
I sold half my bitcoin in 2018. Held the rest until now. Kept 90% of my ETH through that as well. Also DCAing every paycheck.

I got into investing at the top, but I knew it was the top so I'm just DCAing until something moons or I die.

>>51490436
Idk how you fuckers lose money so fast holy shit. Stop buying scams.

When the price goes up so easily all of a sudden its hard to actually tell when its not to stop going parabolic

If it goes from 10k to 60k in 2 months, whats to say it wont go to 500k at that point? Its easy in hindsight to say "HURR U SHOULD HAVE SOLD"

>>51490436
Sold the bottom of the 17 one and now bagholding 2021 run. So add me to the count.

>>51490436
I only wasted one bullrun, I sold in January 2018

Even though I perfectly predicted the time of the top this time and planned when I was gonna sell (in November) I just didn't
It just didn't have a proper blow off top this time and somehow I convinced myself that it could go a few months over

>>51490436
this post talks about me

>>51490436
I fell for the HODL meme in 2017, got big gains and then lost it all in 2018, in this last bull run I didn't really get any gains at all, picked the wrong coin, years of waiting for nothing.

3 for me. I hate myself

>>51490743
Same. I'm such a fucking dumbass. Never again. Fuck that

>>51490436
Half the problem with /biz/ is you faggots sit around feeling sorry for yourself. Stop worrying about past mistakes - look to the future and improve.

>>51490436
All in link here.

>>51490743
just time the market bro

Lol. Only new people lose money in crypto. Most don't even know how the market was before leverage. Only people circa 2016 truly understand cryptocurrency. PoW is the only thing that matters.

>>51492704
the Jew wins all the money, the Muslim accuses the Jew of cheating and tries to kill him, but the Catholic restraints him and pleass forgiveness.
Disgruntled, the Muslim settles for fucking the horse instead.

>>51490436
>2 bullruns
I bought the 2017-2018 crash at the very top and sold at the bottom at $3k (just fuck my shit up).
2nd time I bought in the 2021 May pump and lost 50% this time I didn't sell the bottom, DCA'd down and it came back up, then decided to hold in november instead of selling and now sold at 90% loss to go all in on LUNC. If LUNC fails I'm just going to accept that I don't have what it takes to escape slavery and kill myself to at least remove one slave from society.

>>51494670
>t. Bitcoin dinosaur

>>51494670
Bitcoin would've hit 200k without leverage this cycle. But all we got was double top and double sams getting rich

>>51494726

your last hope is on LUNC?

oh man

>>51490436
I dont sell stock. I buy it.

>>51490436
Not me
I bought my lil bitty babe at $1k, sold it at $18k, bought it again at $7k, sold it at $57k, and now I'm buying it again and will sell the damn near top a g a i n
Fucking stop me. I love it so much

People are so fuckin stupid man literally sell and take profit, rebuy the lows when it’s cheap again.

It’s a reflexive speculative asset the fuck you think is going to happen?


HODL is for poor people

>>51493289
You are probably dumb but keep trying man. Just need to survive and slowly get less retarded

>>51492839
You are not thinking in terms of marketcap, 10k to 60k makes sense, straight to 500k is like a 10trillion dollar MC, are you fucking retarded?

>>51494910
Marketcap doesn't mean anything, its not like there's 10 trillion dollars there, market cap is just what people are currently trading the commodity at, marketcap doesn't actually mean there's 10 trillion dollars there.

I boughted 500 ETH for 1 euro at kraken the day it listed

I solded 3 months later at 70 cent and forgot about crypto for 2 years

>>51494997

>>51494997
lol that must suck, seeing as you actually bought them, not just "oh i was gona do it but i didnt buy" excuse that so many had, but you actually did buy it, and then sold and left....oooooofff

>>51494997
I did something similar, had 1000 BNB accumulated from dust and other stuff back when it was $3-4, sold at $2 for loss.

>>51495044
I remember I wrote to kraken support and asked when they gonna list "the new BTC called ethereum" or something, then it was 2 days later and I just market bought the local listing top to see it bleed down forever

>>51494628
Yeah probably sell when it's clear we're going into a deflationary recession coupled with a cost of living squeeze, pretty obvious

i remember reading "always prioritize short term gain over long term tax burdens" a little too late. I think like 70% of new crypto guys last year, back in November i just felt euphoric to the max, like the money wasn't even real. 25k to 350k and i didn't sell any of it. had 170k in cash and went all in right, RIGHT on the fucking thursday the 11 week crash started, held the whole way down. If i just went in with half looking for a short term 10% gain, i would've rebought way more coin and moved it to staking and been done with crypto. So close. So close.

>>51490743
>DCA in during crypto winter
>DCA out when rappers and teenagers are shilling crypto products
Falling for the hodl meme is a mistake someone only makes once

>>51495291
And how many times has "obvious" good or bad news turned out to be a media psyop where the market does the complete opposite of what it "obviously" should do? All the fucking time.

>>51496845
this is the real problem
it's either manufactured hype or manufactured panic with the people who already own 99% of everything anyways flipping the switch one way or another at a whim. That being said, >>51496819 is a pretty good general rule I think. I literally hit my ATH the day my 17 year old nephew came up to me and started talking about crypto totally unprompted. (I don't talk about this shit with anybody) It was all downhill from there

>>51496892
in may last year some smoothbrain at a party said he had gone heavy into dogcoins. got a really bad feeling so i sprinted home for 20 minutes and market sold my whole stack. 3 days later the music stopped

>>51496951
Based sprinter anon lol
Wish I could say I did the same. I didn't trust my gut and greed got the best of me. It was my first bullrun though, so hopefully I'll have learned from my mistakes for next time. Maybe that's just cope though. I actually made a lot of really good and relatively early picks, I just didn't take profits consistently like I should have because of complacency and greed. HODLing is the biggest fucking meme unless you literally got in like before 2015 or something lmao

What would you rather?
Not take profit and hold as it goes to zero
Take profit and not hold as it goes to $1,000,000?
A lot of anons think like this it seems.
You should sell a certain % of your stack at a certain x, e.g., sell 25% of stack at a 10x,
This way, you don't have to time the top as you may only sell at a 10x.

>>51497737
When LINK was at $50 I tried to tell LINKtards that taking profit on 10% of their stack now means they could double their whole stack by using that money to buy back in when the bull was over and LINK went to $5. I don't think anyone listened because they were stuck in that stupid all-or-nothing mindset

I'm hodling DogeZilla and D0B0

>>51498199
>DogeZilla
Literally why? In november/december it became apparent that it was an obvious pajeet scam and not just another pump and dump dogcoin. The pajeet devs were getting like 10% of every transaction sent to them and dumped huge amounts every single day. When someone pointed it out they quickly changed the contract to lure more idiots in and then they put it back in afterwards. Now that it’s worth nothing they probably removed it again so they can lure another batch of retards in

>>51490436
Just shut up, keep holding GME, and ensure you have the physical stock certificate and post about it publically everywhere with your identity so that the entire planet knows where each and every share is so that the world can prove that the American economy is a fucking fraud to the other idiot plebs.

If you do this, you will be rewarded with like infinite money because the ENTIRE AMERICAN ECONOMY has incentive to pay you off to keep quiet about what you own!

>>51490436
>how many of you wasted 2 bullruns without selling?

That's exactly what I did. And I'll do it again, nigger!

>>51496892
>>51496951
Based, unfortunately I was full of doubt when I clicked sell during frothy conditions so I did the ol "oh I'll just sell 25% in case it goes up more". Foolish shit. I'm only 40% off of ATH right now so the lessons were cheaper for me than most.

>>51490436
I buyed in late 2020 right before the bullrun really got going but I didn't sell because my whole thesis is to accumulate and sell it all in 2024-2025 or whenever the next run-up is. I do feel a little retarded for not selling last fall, but on the other hand if the Fed hadn't started acting hawkish and raising rates then we might have had another run-up in the spring after the 3 months of crabbing in winter, and I don't want to risk missing out because that would be suicide fuel.

>>51494997
Don't feel too bad. Even if you hadn't sold it when you did, you probably would have once it hit like $1.1 or $2 or some other nice but not lifechanging profit then kept saying to yourself "It already went up 200%, 300% 1000%, surely this is the top, there's no point in buying more".

>>51498279
Wow. I thought you guys were retarded enough you just get worse and worse.
One hedge fund is minuscule compared to the global market.

I put half my portfolio into gold and silver first time we hit 60k. I was fucking traumatized from 2018.

>fell for the ''time in the market beats timing the market meme''

I could've doubled my portfolio if I sold last year

How many of you wasted 6 bullruns without selling?

>>51490436
its ok. i only need 100x from here to make it.

>>51498282
Retard we stand!

I laugh so I do not cry

>>51490436
me

yup. i want to an hero every day for not selling at 4500. im basically out of fiat trying to average down and its nothing but pissing against the wind

>ath: 1.4m
>now: 140k and another 40k in usdc
Just keeps getting worse too kek.


>>51492679
Honestly what I kind of did too. Taxes are a fucking nightmare.

>>51490436
I sold in the second one.
>XRP
>EOS
>EGLD
>SHIB
>QANX
>Many others
I made like 5 - 10x per coin on average. Got back into some of them thinking there will be a bull market in March. Boy was I wrong.
I still have about 10x of my initial portfolio, so I'm alright.

>>51490436
I had 200,000 ADA when it was under 10 cent.
Thanks to the almighty leverage trading I was at about 20,000 ADA when it was at 2$
Now Im at about 4,000 ADA and have decided to just hold and do the same with any other coin I buy.

>>51490436
Guilty went from 1 mill to 180k and only took out 66k last bull run which didn’t even cover my initial buy in.

>>51490436

>>51499751
so as an investor you learned.

>>51490436
Why sell when you can take profit. My lowcap bags ORE and UDO came through for me.

>>51490436
Well, another one is coming. Up to you to buy the right thing at these ridiculous prices especially with the prospects privacy altcoins are showing right now

By any chance, did you see how RAIL performed in the last bull run?

>>51502072
Yes and I my friend who asked me to get into crypto sold at 60k, then bought back during the second hump and lost everything. I genuinely think you need to lose everything to learn the lesson

>>51491259
Always take profit.

>>51493289
Not too late to try again.

>>51503360
One thing is sure; privacy is going to explode in the next bull run

>>51493289
Sorry about that anon, Guess I was lucky to invest in projects offering crosschain interoperability and access to blockchain.

>>51490436
Trading in the short term is a zero sum game. So you have to be able to game the market if you're trading instead of holding. For every winner there's a loser. And since whales have an advantage over most participants there are multiple losers for one winner. That's why I'm still holding and coping

>>51490436
Went all in August 2020. Still holding. I don't mind having my wealth in btc because you can't take that away from me. I'm on the btc standard.

>>51503360
You cant get it wrong with privacy this time around and I am all for it.

>>51502750
>ORE
Got this after the listing on bitmart and it fucking went over the roof, best decision so far.

>>51503416
>MATIC
>BAT
>RAIL
>SOV
Were my most performing alt in the last bull run.

>>51504094
>Projects offering crosschain interoperability and access to blockchain.
Well these niches are still trending especially with the emergence of web3.

>>51503360
If you have built a healthy portfolio, the next bullrun will be a blast for you. I am looking forward to the next market surge because I know privacy focused projects will thrive in the next cycle.

>>51503416
Due to the fact that approximately 50% of its circulatingare staked, which I am part of,I believe RAIL will perform significantly better than it did previously. This will lessen sell pressure, which will lead to a positive price reaction.

>>51494726
>If LUNC fails
F

>>51505295
The project, the team and it's product especially the recently deployed railway wallet on playstore and iOS will push the buy pressure further.

>>51504649
Some sectors are already showing bullish signs and privacy is definitely one of them solely due to the surge in the need for asset and wallet security.

>>51504043
>privacy is going to explode in the next bull run
I guess even biz is feeling the heat, privacy has been trending and crypto users ain't taking chances. I have always been a fan of hiding transaction details when transacting to avoid hackers tracing it, glad the train in moving in the right direction now.

>>51504649
The next bull run would be great for investors who took the time out to get in on based assets chad. As for the privacy sector, Sylo is my top pick for its private messenger and micropayment system which has come in handy for my crypto transfers so far.

>>51490436

I sold various times, then sold everything when Biden was elected. Made money, now I’m just investing in cheap ass web3 coins that may do a lil sum in next few years

>>51490436
me, I did it. I lost $400k due to the hodl meme.