/biz/ - Business & Finance

>>54103681
Why do all you niggers buy the same shit

>>54103748
It's a hivemind

>>54103748
I'm mostly Bitcoin, but otherwise mixing it up.

>>54103790
Based what is JUNO

Tell me everything will be ok

>>54103681
>90% portfolios posted on /biz/ these days have a 5-10x max in them

>picrel filename

>>54103859
Share your moonshots I have much cash to deploy
>>54103826
Looks good to me
>>54103860
Why

>>54103895
not doing your job reddit newfag

>>54103895
I had a mental breakdown in October and traded 10.2k down to literally $100
I was gonna kms but I pussied out but never too late.

>>54103895
What's worse this wasn't my first time, in 2021 I put in 20k of my life savings and it went over 50k then the crash put it down to 10k and I swung traded that down to nothing.

I'm retarded and probably gonna kms eventually.
apparently 4chan says today

>>54103931
>not doing your job reddit newfag

>>54104022
>>54103971
I am sorry for your loss don't off yourself though you have many more chances

>>54104051
Meh I doubt it but you're considerate so you get a gold star.

Kek D0bbobaggie
Based jannie flagging it as spam

rate

>>54103681
>>54103758
>>54103818
>>54103895
>>54104027
>>54104051
>>>/reddit/

>>54103826
you know eth will never flip bitcoin and bitcoin will keep pumping right?

Jumping in

>>54103681
40% GMX [mostly farmed]
20% *redacted*
20% AVAX
20% DOGE

got a few more alts to add to my redacted list, just waiting for the right prices

>>54103860
ygmi

>>54104486
To hell?

>>54104511
Fuck you.

>>54104601
he's just a pajeet shilling rocket pool

>>54104601
Get fucked SOL maxi

>>54104657
Oh I thought that was ripple at first on some weird app kek
makes sense

>>54104022
So you blew up twice. Yeah, I had to learn the hard way too. Good lessons in that if you really look back at how exactly things went wrong, step by step.

In hindsight, trading cost me a lot of money, mostly from opportunity cost. Money that I lost that I could have just sunk into something which would at least have 10x'd. Or psychologically, becoming risk averse just before the last bull market (lol) due to losing more than I was comfortable with. Or swing trading a core holding into a bunch of newly created alts, chasing fresh pumps during peak bull mania, in the end only to realize I would have made more money with less effort just holding onto my core bag and dumping near the highs.

I'm decent at trading now, net profitable, but haven't traded much the past 6 months. Last year was great up until ~October when the dollar trend faded. Just not the kind of environment that works for my method ever since. Trading is very much an "in the zone" sort of thing - you should only press the gas when the results feel effortless, and it becomes a flow between you and a system. Once shit starts going sideways, time to step back and watch the show.

My advice is if you want to trade, do it with a small portion of your capital. Maybe 10%, 20% max. And then only risk 3-5% of that amount at any one time, across all trades. The rest of your capital is DCA only. Yep, there's nothing glorious about it. It's reddit tier. You can't gloat later about "catching the bottom" or "catching the top". But you'll scrape the bottom and distribute the top, and catch the meat of the move with a considerable profit, rather than end with a loss. Looking back, that's exactly what I wish I did. I made my way into six figure hell this past cycle, which is great and all... but I would have made it by now if all I changed was DCA the lows instead of trying to swing.

We may see a crash this year. Let that be your opportunity.

>>54104657
How is it shilling if it's something I legitimately hold/stake? Yeah shut up idiot

>>54104750
I got a long way before I'll ever be into crypto again but completely true there was moments where I actually recovered 20k from 30k loss but held on only to lose it rapidly.
I had a mental breakdown and literally took 10k and threw it into an alt that pumped 80% like a fucking idiot, I just had a tramatic event happen infront of me and caused me to snap which in a numb state went and threw it all into a coin I had been watching for a year and I got immediately killed it dropped 80% and took my portfolio down to 2k
(this last time)
Then I got down to 500, somehow hit an alt that got me to 2.5k and hoped maybe I could claw back my 10k.
Nope chased pumps lost it all, quit my job.
Joined a new job, got fired.
Filed for unemployment got denied and here I am.
Completely behind in life and honestly numb again to anything.

I snapped at some homeless faggot with an unleashed dog and chased him three blocks telling him next time I'll chop his fucking dogs head off while he watches.
Yeah I'm not in a great place kek.

Cops did go find him and told him to fucking leash his dog or it's gone thank god for that haven't seen the manlet since.

>>54103681
Amp was a bad call

>larp thread

>>54105036
I just realized this is a POORfolio thread. Now I feel like a dick

>>54104853
>I got a long way before I'll ever be into crypto again
nothing wrong with that, there's always opportunity when you are ready

My first blowup (late 2018) led to depression and suicidal ideation. Same as you I tried to make it back, in that sort of frame of mind, only to dig a deeper hole until I went broke.

Second blowup (Aug 2020) I got complacent after a good win streak, took a risk without an escape plan and "DCA'd" into a collapsing altcoin lmao. I missed the first part of the bullrun due to being risk averse after allowing myself to get put into that position.

Key takeaways I've learned from other traders/investors with way more experience than I do:
1) always have a plan when you enter a position. What's my max risk (i.e. position size, stop loss)? Where do I take profit? All the decision making is made up front, there will be no second guessing when the time comes to sell.
2) write down your plan, write down the parameters of every trade/investment, and follow them.
3) if you are in a bad physical/mental/spiritual state - don't add new positions, stick to original plan on old ones
4) if you are in a bad state, that takes top priority. Trading/investing activities cease completely until you can get back into a positive frame of reference.
5) if you just realized a big loss and your impulse is "I have to make that money back" - stop trading. Deep breath. The money is gone. Review what went wrong. Create a report to yourself just like you were doing risk review for a corporation to figure out what went wrong and how to avoid it in the future.
6) if you are constantly on edge checking prices or anxious about your position - your position is too big. Scale it down to the point where you can practically forget about it day to day. Size will make you emotional and emotions (fear/greed) will destroy your ability to manage risk.

There's more but those are some of the most salient points to prevent blowing up in the future. Godspeed anon

Ayy

>>54105137
Thanks buddy but I don't think I got it in me anymore.
You sound like my brother, only reason I haven't killed myself yet is because it would make him snap.
But that line is wearing thin over the years.
Hopefully some newfags will read our stories and realize what not to do.
>don't do emotional trading

>>54103971
Over 12 grand? You can make that in a few months waging zoom out my guy

How's it looking?

>buys bitcoin + a bunch of other garbage that moves following whatever bitcoin does and thinks he's "diversifying"

I hate my life

>>54105460
That was one loss out of two.
https://youtu.be/x5LShOuIiNg

>>54104084
seethe
50b eoy

>>54103826
Goodluck.
No one can judge you on what you want to have.
I have most of your assets for kaspa and spell, but i hold some sylo coz most of my assets are safu in it's wallet

>>54105590
Memes

>>54105615
bro paws are the next bitcorn and etheireum so stack the paws

>>54103818
Juno is one of the Blockchain on cosmos ecosystem, i fomo'ed in at ATH, now staking it on kelpir wallet, alongside atom, and sylo on huobi
>>54105137
Waoh....this is really helpful

>>54107897
But of course. Clown world, clown market.

biz really is filled with normies to the fucking brim uh

>>54103681
Take off ICP and add a few privacy protocols.
ZEC or RAIL.

What app do you recommend as a folio tracker?

>>54104771
>passive income chad
Jelly af