/biz/ - Business & Finance

just continue buying high and selling low.

>>54682640
I'm serious, Anon. Help a brainlet here.

>>54682652
Do the opposite of what you did

>>54682632
You don't have what it takes to swing trade.
Get wiser, mature and try again in 5 years.
Train and learn meanwhile.

>>54682632
You need to not have high time preference

you boring cnt stop buying bitcoin and actually do something with your life ur not gonna make any money if u don't buy SQF (squadfund.net)

>>54682632
Did your dumb fuck "trading guru" tell you that was the right thing to do?

>>54682632
>>54682652
Buy and hold for many years

>>54682652
A swing trader would have sold when you bought and would be considering buying when you sold. Like we are. The board is considering slurping your failure, but there is still bearish sentiment and a bearish environment. Many don't feel comfortable reinserting cash into the KYC farm that a modern CEX has become and would not ever consider buying without it being an entry point on a well researched TA graph with strong fundamentals for the asset. Basically, consider how you could retool your emotions to do the opposite of what you just did. The person who bought at 28k and sold at 30.2k, after all, made the money you lost.

>>54682632
Well you learned the hard way which is the best way. Btc is still bullish mate, it needs to go down to go up. We will probably tap 25k this weekend / week then take out 33k.

>>54682632
>bought BTC at $30.2K to not miss out
>sold at $28K to cut my losses
So you bought an asset believing it would be worth more in the future?!? And you sold it for less in the SHORT TERM?!? Read a book you fool.

>>54682632
>im gonna swing trade
>weekly giga green candles up your ass
>uhh now looks like a good time to buy
>damn why am i losing money? i just wanted to swing
lmao

I bought eth when it went down to 1k and sold when it went up to 2k. Took a few months but why the fuck would you buy on the upward trend in this market where everyone is doom posting for the next few years?

>hurrr how do I swing correctly
Buy high sell low, keep doing what you’re doing idiot.

>>54682688
But what if I did that and it went up above $30K? I'd panic buy.

>>54682752
In 5 years???

>>54682760
How do I control my emotions? I panic easily.

>>54682839
Nope, I trusted my own gut.

>>54682863
I can't wage any more Anon, I'm done I just want to make it quickly.

>>54682908
I waited when it was $28K thinking it would go lower but it kept going up. I lose either way, using your logic or mine.

>>54683069
Alright, I set my buy orders at $25 here's hoping it works.

>>54683142
It's $27.8 now so I did the right thing when I sold. Now I just need to buy back lower.

>>54683158
Thanks for nothing.

>>54683174
How do I know when to buy or sell? And after I buy how do I control myself snd not sell?

>>54683314
>thanks for nothing
why werent you buying at 19k you pleb? let me guess.. it was going to 12k

>>54682652
get a job you dumb faggot youre not smart enough to trade some people are just meant to be wage slaves

>>54683314
>In 5 years???
You lack maturity, self-awareness and intelligence.
What makes you think you'll be ready before that? And waiting 5 years is of course no guarantee you're gonna make it.
If you're ready before that, you'll know.

>>54683554
Yes, I thought it was going to $10K. Then it kept going up, and I thought don't FOMO. Managed to hold myself from buying until $30K was broken. Didn't want to miss another 2x, you feel me?

>>54683567
I have a job, that's why I want to make it.

>>54683569
Dude, I don't have 5 more years lf waging in me. I gotta make it in at most 1 year.

>>54683625
and you bought at 30k cause you thought it was going to 60k.. see the pattern ?

>>54683794
How are you so sure that BTC will go up or down? Experience? I need to learn before it's too late.

>>54682632
You were born to be poor, remember to at least let others live without your stupidity

>>54683314
holy shit. just go back.

>>54683625
>I gotta make it in at most 1 year.
Anon...

>>54682632
wait for it to go down to 25k (it won't), then FOMO at 32k.

>>54682632
at least you cut your loss and it didn't end up being the exact local bottom.
when you're feeling emotional and fomo, setup your shitty panic trade with a wide stop and then instead set a limit buy at your would-be panic stop (aka, where the other fomocels are also about to market sell into bids, since dumb minds think alike) and take that trade with a slightly lower stop instead

They say biz is worse because it never helps people, but we don’t want idiots to make it, because plenty of stupid people already have money.

Sorry anon if simple math and logic is outside your thought process you’re hopeless.

>>54683314
There were clear indicators to buy and sell at 28k and 29.5k respectively, even though there may have been a wash at 29.5k and 29.5k for the small pump after that, many swing indicators showed bullishness last week and showed bearishness days ago. That you chose to hold over the last 72 hours was basically you trading emotionally. Swing traders would have not held as the price swung below the take-profit point, and would have a stop-loss point far below 10%. You traded like a fool. Go watch a guide or something. I'm not even in this market anymore and I can tell you one thing: it takes a lot of lost trades to understand why you're making bad trades. It is as simple as doing the opposite of what you're doing, but you clearly need a reason why. Look into swing indicators and stop trading with FOMO or you're NGMI, as per >>54684274.

>>54682632
You're not buying with conviction, but out of FOMO. You will always lose because you are midcurve and bad at this. Stick to holding kid, you're not a trader.

>>54682632
forget about btc, get some alts like xmr, avax, link and wait for the next bullrun, it's not gonna take long

>>54682632
Buy AVAX, stake and wait for the next bull run

>>54685276
How much? Or rather, how much is too little that it's not even worth it?

>>54682632
Buy when everyone else is selling and be VERY VERY PATIENT. It's easy to say and difficult to do. Now scram.

>>54682652
you do know about puts right. you're supposed to immediately without hesitation switch to puts.

>>54685323
500 sui stack
2000 make it stack

>>54682632
The HODL meme was made for people like you, unironically.