/biz/ - Business & Finance

Let it happen. Crush the weak hands.

>>5411504
Honestly, at this point if people are losing money, it's their own faults for not following the basic fucking rules.

Iron hands mates. Stop being so pathetic.

>>5411490

>>5411504
I enjoy free fudding now

>>5411490
You think ltc is going to dip to 260?

>>5411490
I swear /biz/ just likes to larp and get worked up with the pink wojacks as soon as there is a viable excuse.

>>5411490
When it dips are you guys moving to tether? Seems risky

>>5411490
pink wojakposting is the only reason to come here mate

Don't get me wrong, I like buying their bags for cheap as much as anyone else, but I still can't believe some people are stupid enough to actually sell, when all they have to do is be patient.

>>5411746
At some point, yeah. Might go a bit lower. Once Christmas passes though, it'll head back up again. I was lucky and bought in when it was like 200.

lmao HODL cucks
>muh iron hands

>>5411856
The smart thing to do is actually a combo of those first two panels. HODL on with iron hands AND buy those dips. More money at the end of the day.

>>5411845
Right on. I want to buy moar around 260 or less obviously

>>5411490
Today was the first day I got a full .5 satoshi even after suviving the last two normie dumps, even though my full portfolio didn't start. I sold my ark to get in on the xvg pump, sold that and diversified the fuck out of things a minute ago. I plan on riding this one out too. I've come too far and have become comfortable numb to these kinds of dumps. Still, it would be nice if things settled down, but that's what I get for dealing with a product that was pumped hard by the promise of wall street involvement and constant media attention. I miss the good old days.

>>5411896
Where's whalebro when you need him? You're gonna make it. We all are. Well, not the faggots who get caught up in FUD, but the rest of us.

>>5411947
what the fuck are you doing

>>5411947
See this you pajeets? Be this guy.

And yeah, I've just learned to smile through dips and wait them out. Buy more during each one, and then laugh as I see the money come in when everything inevitably goes back up.

>>5411490
I used to think "hold" was a joke, but I've done that over the last ~8 months, and even my shittiest shitcoins have gone up exponentially. There were times certain shitcoins dropped 90% in value, only to end up worth 10x more than what I paid a few months later.

Everything recovers, unless a coin comes out as a complete scam (Confido for example) it will almost certainly always recover and reach new highs.

You just have to be patient, hold, not panic, quit stressing. Yes you can make more profit if you have perfect timing, if you know when to sell at the very top and buy at the very bottom but that's easier said than done and way more stressful.

Bottom is in, heading to 20k EOY

>>5411490
Just hold until morning where everything gets pumped and then set stop losses at night for dumps.

>>5411947
>even though my full portfolio didn't start fully until beginning of December with a 2k boost off an original 400 I've been working with since around September.
My mind skipped a beat there. Some of my low buy orders haven't gone through yet. What are ya'll doing to cope?

>>5412036
Picking a winrar with iron hands through the dip. Whoever survives the best gets my sats when things recover, and they will recover.

>>5411490
>HODL onto everything.

>Buy the dips.

>Don't sell at a loss.

>>5412180
You'd be fucking amazed how many people don't do those very simple things. Don't have to be a rocket scientist, but fuck me, sometimes /biz/ makes it seem like you do.

>>5411490
I've been making a killing swinging this shit. Sell low buy lower. Over and over. https://discord.gg/JDS4tcX

>>5412201
It's because 2 parts of the advice is wrong and 1 requires perfect information

>>5412201
I bought btc at 19.4

>>5411490
I WILL NOT CALM DOWN DAMMIT!

>>5411490
>mid 20s white newfag
>calling people pajeets
wew lad

>>5412296
20 year old beaner, thank you very much.

spike soon bros HODL

>>5412263
>>5412263
I was all-in ltc a few weeks ago. I sold it during the great pump, went to bed, then fomo'd back in at around tree fiddy before my morning coffee. watched it all crumble down and hodl'd. Learned my lesson through that mistake. I had about 6800 fiat before the fomo bit my ass. Never again. Got further into alts as I can see bitcoin become less and less relevant. Fought tooth and nail to gain it all back. I've been hovering around that same amount now for about 2 weeks thanks to market instability. I won't throw in the towel until I've lost it all which doesn't appear to be the case, not with the amount of infrastructure and effort that's been put in place for all of this.

https://www.youtube.com/watch?v=gDwCMxPwJ_4

>>5412296
This is honestly low quality.

>>5411490
Yeah. Im with you.

Getting sick of these ganges boys and their wily ways. But then if the weak hands are that easily influenced, good, let it flush the system.

>>5411490
This board is full of broken NEETs. As soon as they're met with any form of resistance they instantly shut down and jump to the absolute worst situation.


Not having a father growing up is a bad thing.

>missed the 13800 dip and only got in at 1402 or some gay ass shit

kill me now.

>>5412036
Also, netting a whole .0080969 sat since this post was made as opposed to losing who knows what. Can't wait for January anon. Why only one post?

I cashed out at a 100$ loss. I'm just happy to be out of the game.

Dont buy the dip of a dead coin.

If you werent a normie who just found /biz in the last year or so, you would know this already.

real /bizbros already bought the new king.

>>5411490

>>5412659
oh i laff evry tyme.

>>5411490
good post.

except.
If you realize a mistake. Better get it over with. If you've bought at an ATH, out of sheer stupidity, don't hold until you've lost it all.

But iron hands and dip buying is not a meme.

>>5412659
Yeah pretty much. My mind goes out the window when I see a stale pink wojack anymore. I do appreciate OC though and maybe I'll come up with one. Trading on the margin is great when you have a slow traditional market, but a 24/7 market high on amphetamine is a difficult concept to grasp. For now, it's best to pick the coins that make sense, and hold on to them for at least a week, or at a 10-30% loss. Decreased loss % if btc/bch/bcc/dongbase isn't fucking with everyone everyone, then you just picked up a hyped up pajeet coin desu and it's time to cut it loose, else wait and see. Also, if you see a SNEK, give it some love. Those are fun and can even out any mistakes you've made in the past. Just don't fomo and your pic related (3rd panel)

>>5412659
Why sell at all when you could just hold on to what you had and buy more during those dips? I may have an IQ of a banana, but it seems to me it'd be better to sell the accumulation when it goes back up.

>>5412771
Good point. I should have made another note about buying at an ATH. Generally a mistake. FOMO is a killer, it really is. But yeah, iron hands and dip buying are legit.

>>5412659
This is always funny, but the sobering fact is, this one is different. there may not BE a recovery.

>>5411504
This. Bitcoin needs to crash to $2200 in order to shake out all the weak hands.

lmao who the fuck isn't still green even with the dip? Newfags your opportunity is gone go back to mowing lawns

>>5412659
REEEEEEEEEE NO BULLY

>>5412853
If you think the value has been lost in all of this, then you need to seriously consider going to your local hardware store, buying a sturdy rope, learn how to tie a slipknot, and necking yourself, because although the value gained between when the news announced btc to the fucking world and now might be gone, a return to normal will happen.

>>5411490
Name a single word more Reddit than "HODL".
Pro-tip: You can't.

>>5411490
TOP OF THE BULL TRAP ON BCH ON BITHUMB IS PEELING FREEFALL INCOMING ON EVERYTHING! SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL SELL S ELL SELL SELL SELL SELL SELL SELL SELL

>>5413004
Extremely good point, I've even seen merch sold with the term on it. Better stop using it or risk being called names.

>>5413011
Post pic

>>5413011
nice fud you got there kid, mind if you download an image?
>alts are going to love this

>>5413080
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>5413004
>hes so new he thinks hodl came from reddit.

>>5413004
want to know how I know you're from Reddit?

>>5413004
Le upboat for great justice. Or just "upboat".

>>5413310
>>5413337
>>5413398
What did the reddit rapefugees mean by this?

>>5413639
>he still thinks it came from reddit

>>5411947
not shilling, you do what suites you, just pointing out possibilities. If shtf with btc, there's usually a way to make it through not involving cashing out or holding without forethought.

>>5413639
you stupid motherfucker

>>5413639
The origin is still BitcoinTalk, Reddit will never take over the word.

>>5413639
Brainlet.

>>5413666
>>5413691
>>5413692
>>5413716
ohhh so rage comics and le based kekistani memes aren't reddit either just because they were shit out of this board and other places... gotcha

>>5413729
you just got here yesterday..didn't you?
this is way too obvious

>>5413729
no, you see newfag, it's the content of your posts that identify you as a redditor. It reeks of it to the point that many of us have been able to identify this trait from our 1-2 year stint on f712u that we actually have developed a sixth or seventh sense towards picking up on it. Take me for instance, totally off the cuff, never really conform to anything. I fit right in here. Most posts get no replies, people probably just nod their heads or ignore because I'm too wordy and go about their day. You however, invoke a certain throwback feel for most of us who've glanced at that repository of mailed AOL CD-ROM account holders.

>>5411856
In reality you don't know how much further it will drop
It could drop another 10% and make you earn 15% buying low and selling high OR it could go back up immediately after you sell and then all you did was lose 3% and so you buy in trying to ride the upturn but then it goes back down again and so you lose another 10% and so on.

HODL some then buy more at the dip. 1 hand immovable as iron and the other quicker than lightning. you should never sell at a loss. never.

>>5413004
this, the hodl meme is cancer just look at the guys who spew it, total segwit soyboys

>>5411490
no

>>5414080
Best part is, it seems all of the exchange websites are too inefficient at rewritting all the css on the page of high-volume coins, so by the time you input your limit, you've just fucked yourself. Use the mobile app? Yeah, hate to break it to you, it's off by a few margin points when this occurs too. Your best bet is to hold, or hodl as one redditor put it. Second best is playing a guessing game that ends up fucking you 50% of the time. You can only choose one.

>>5414194
3rd best, and the rarest, is detecting the sell wall before shit hits the fan and gtfo. This is ideal, but I can't stay glued to a screen that long. Welcome to 4chan everyone. A place where the logins are optional, and the cancer is prevalent. Hope you learn to hold onto your butts.

>>5411895
Averaging down is something a lot of new traders have difficulty with. It's hard to wrap your head around putting more money in to something that looks like a sinking ship. Statistically it's safer, in that not only do you make more money if the thing spikes high again, you also lower the price you need to achieve to break even.

And don't fucking buy at ath holy shit.

>>5414326
Yeah, if there's one thing that I think is a sign of mental retardation is doing exactly that. Like, those people must hate money.

>>5411490
Reminder that this was 2 weeks ago and today it was $1000 more and everyone still swore that crypto was dead forever

>>5414080
HODLing is only for people who bought ATH.

>>5411583
>iron hands
>never heard of dgb in June
Yeah man, iron hands isn't just a meme, sell before thenwhales dump on you or get ready to baghold for a while

>>5411490
You dont make enough profit at holding.... stop shilling

buy low sell high

>>5415253
>buy low sell high
Please keep this a secret anon. I don't need anymore entropy

If I had more patience, a lot of my losses would be big gains.

>>5411490

Thanks man, keep it up positive

>>5411490
OP is not a faggot

You have another 4 weeks before the contract dealers come for more blood. I wouldn't trust a recovery where institutional holders couldn't sell futures to protect their holdings. Figure it out. Stop thinking you can control the market and use the futures contracts volume numbers to let you know if wall street is greedy or hungry.

>>5412601
this t b q h famalam

>>5411490
So much this. Never sold at a loss, if you must, hodl for a year. ALL crypto go up eventually

>>5411779
it's not exactly a mystery

>>5418413
>Stop thinking you can control the market and use the futures contracts volume numbers to let you know if wall street is greedy or hungry.
agreed

>>5411490
Nah just let them, someone has to lose.

>>5411490
Ever heard of the bear market ?

I like the fear mongers. I love the panic pussies because it equals profit for me and could for you too if you're not an emotional idiot. A mix of a ton of confident bulls with a ton of high strung nervous bears thinking every bump is the big one is not only funny but creates a great deal of volatility. More sudden drops and spikes the better. In fact, I think its all about to drop. The Christmas Crypto Crash of 2017. I'm ready to skinny dip the big dipper, are you?

>>5411490
>buy two decent, stable coins that you can trade against each other, say eth and xmr
>trade when one gets higher than another
>over time, increase your stack in both
am i missing something?

still alive?

Post your gains

>>5416859
She should be on a wheelchair to reflect actual bitcoin speed