/biz/ - Business & Finance

>there are people who had 100k portoflios but decided to "hodl" and are at 30k portfolios now

>>7119059
>There are people who had 100k portfolios, listened to you retards, sold them at 50k and are going to hang themselves when the markets recover during the Spring when they realize how much money they lost listening to the geniuses on /biz/

>>7119059
the only people with 100k that went to 30k portfolios are the the newfags who got in just before the december moons. 84% of this board is from 2018 and they're all literally in the red right now. Sucks to be them.

>>7119189
>There are people who had 100k portfolios, sold at 50k, then rebought everything at 30k and ended up with 30+% more profit when the markets recovery during the Spring compared to just hodling

>>7119379
Even better, but both are preferable to being a panic selling retard.

>>7119189
If you're not exiting crypto now, you would be the retard in this scenario. There is no "recovery". The best you can hope for is a flat price above zero...which is super unlikely.

>>7119189
>during the Spring

Crypto scams come in waves of half decades, and investors won't flock to the same scam cause they feel burned, so they are likely to flee to another popular crypto currency. Bitcoins are dead, next time market ethereum will be the top dog. Who was stupid enough to "buy" bitcoins when you can make them for free from thin air? You aren't supposed to buy Bitcoins, only sell and farm them. Only idiots buy crypto currencies.

>>7119399
If you were invested in something with value, like a company or real estate, then your position would be sound. Unfortunately for you, you put all your fiat into completely fake "currency" that can never produce any kind of value, so the longer you wait the more you will lose.

>>7119379
>>7119462
If you waited until today to sell, you are a retard. btc could crash 5k immediately after you did it and I'd still call you a retard even if you lucked out.

>>7119059

You have to be fucking stupid to let this happen. You could just literally hold ethereum and be fine. Why hold risky shitcoins with that kind of money when just holding ETH is fine?

>>7119475
>You aren't supposed to buy Bitcoins, only sell and farm them. Only idiots buy crypto currencies.

This is the ONLY way to play crapto. If you can't mine them with GPUs (which you can resell to recoup most of your initial investment), stay away.

No but I bought DBC at 61 cents as my "BIG" crypto investment. Down 80 percent.

>>7119500
>If you waited until today to sell, you are a retard. btc could crash 5k immediately after you did it and I'd still call you a retard even if you lucked out.

I mined all my coins back in 2013-2014 and I sold the last of them around $16K. I sold my GPU rig at a profit after mining for about a year straight. I'd NEVER buy any shitcoin. I've only ever sold them...so technically, I could have sold BTC at $200 and still have made 1,000% profit.

Yu're not supposed to buy cryptos?

I put in $660 in May. I have over 25k now by hopping into things at the right time.

Neo, LTC, Ethereum Dark (scam, but made me money), Bitcoin Red (same),Zclassic.

Fuck off with your flawed logic.

>>7119462
>>7119475
>>7119500

The best part about the annual January turn downs is they always shake out the weak hands.

>tfw you /locked in/ at 19k anyways, so it doesn't matter