/biz/ - Business & Finance

>>52872791
That's what I'm currently doing

my advice is to avoid looking at the price until the halving begins

t. based

>>52872806
good idea bro, idk why im obsessively checking this shit so often. we're in it for the long haul now.

>>52872791
Get a job?

>>52872841
i have one THOUGH

>>52872791
Make sure you're holding the right coins. Can't go wrong with Bitcoin. Imagine holding through a bear market into the bull, say 3-4 years and you miss the bull market because your coin did jack shit. Happened to me.

>>52872791
Yea, don’t. Could take 8-10 years to break even.

yeah, literally bought the top in jan 2018. After a year or so, i just stopped paying attention. and here we are again. sell now, or just check prices every month or so.

>>52872791
Yes
Just hoard as much as BTC you can
Get a better job, work 3 jobs, now it’s the time to hoard
In 3y you will be retired

>>52872806
Even if it goes to 30k before halving

>>52872791
Yup don't hold shitcoins, btc/eth only.

>>52872791
dca and forget

>>52872904
im still way up i just want to get back to like 50-60% of previous ath if possible

>>52872791
Yea I sold the 2018 bottom. Was not the best move, but I was still learning to trade.

>>52872804
Same

>>52872984
what was your mindset when you sold? like was it something you were thinking of doing for a while or was it done in a panic?

>>52872859
Stop gambling?

>>52872791
Keep doubling down until you're bankrupt and homeless. Then you'll KYS which will solve the frustration of having to wait ten years to break even.

I've been involved since October 2013 and, while not always fully allocated, always involved somehow.

"Holding through a bear market" is basically what the entire rest of the financial world does.

>>52872791
Held through the last bear and kept buying.
Went from 2k(2016)–>30k(2018)—>3k(2020)—>250k(2021)—>75k (now).

I never planned to cash out before 2024, but it’s still irritating to see my life savings fluctuate so much.

DCA'ing is OK if you don't need that money for a looong time. If you bought every monthly low during the dotcom crash you'd still need 3 years to BREAK EVEN. A little under 2 for the GFC. Be smart about when you deploy cash but always be in the market. And sell those bear rallies when you are given them.

>>52872791
>any tips?
don't sell the bottom

>>52872791
held over 100k nkn during last bear and sold at the bottom of bottoms so if you are retarded enough to hold through a bear then at least keep it all the way

>>52873179
see>>52873002
what was that like?

>>52872791
Keep accumulating what you have if the project isn't shit, stake what you can stake and wait it out

>>52872791
Yes. Bought in 2017 and held all the way through the bear. Saw this bull. Had over a mil. Now I got about 400k waiting for the next bull

>>52873263
Gah damn, skelegates posting, that’s an old one now. Hope you make it based oldfag.

>>52872791
It's obviously low now. Buy now. If it goes down, hold it. It will go back up in like a year or two.

>>52872791
>any tips?
Never sell anything until at least after the halving. During the last bear I lost a lot of money trying to make small gains and failing, the best move is to just keep buying. Obviously try to guess where the local lows are when they come, but NEVER sell until the bull market is here.

I've learned to live off hatred and spite. I grind my shit boring job and keep getting back into the investing ring just to prove all the smug late night funny men wrong. My dreams of breaking off John Oliver's jaw and slitting his throat with his own teeth help me endure.

>>52873280
Thank you brother
Same to you

>>52872791
DCA. And please don’t soijak me. Dca’ing is smart and not a bad mid wit strategy.