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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10541929 No.10541929 [Reply] [Original]

How many people think that way?

>> No.10541995

>>10541929
Kind of. except I took my L. If it's a shitcoin *most of the time* you're not doing yourself a favor by waiting IMO.

>> No.10542015

>>10541929
I’ll be buying all of their bags on the way up. Selling to break even is ultimate bag holder behavior. Buying from those breaking even on the way up is chad behavior.

>> No.10542044

>>10541929
How to lose twice.

Buy alts - BTC season comes, alts lose 60% of their btc value - Alt season comes back, you can 3x but instead sell for BTC and ETH as they retract.

This happens every time and no one in the real world is impressed with BTC. Wasteful slow and shitty. Lightning is a shitty idea too.

>> No.10542095

You want to hold alts on the way up and not the way down.

>> No.10542213

>>10541929
idk they're pretty stupid. if its a bad coin then they should sell their position and get into one with higher chance of gains. if its a good coin that doesn't have to wait a long time until mooning then why sell (unless you found something better).

If eth and btc are better for gains than any coin you are holding and can think about when risk is taken into account, then they should just sell and buy eth and btc.

Investors be emotional.

>> No.10542245

What I’m trying to understand: Are there many hopeless bag holders who will act like that should they ever break even?
Twitter is too much of a bubble to get an overall picture.

>> No.10542272

>>10541929
I think it's a pretty stupid position to hold. The reason BTC and ETH are so high is purely because of "they were FIRST" bias.

Also, normies can't even afford a full bitcoin. They are going to brag about $20 gains when BTC shoots up to $20k lol

>> No.10542438

I'm unironically thinking of dumping my sub and bnty bags at a huge loss. Should i?

>> No.10542455

>>10541929
i've thought that way from the beginning. i only hold btc/eth/xmr, only played with the shitcoins in december when there was a frenzy. it was pretty obvious to me that most of the alts were going nowhere, because i understood what actually gives crypto value.

>> No.10542456

>>10541929
A lot of people.
They are not going above water though.

>> No.10542463
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10542463

>Being below water

I'm 20k in profit despite being down 70% from ath

>> No.10542464

>>10542438
yeah man do it, just forget about it, too much stress

>> No.10542489

>>10542245
I don't know. There's the whole
> You don't lose until you sell
But I think that the people who are up and remember what they had in January have developed a different perspective. And those that are down may have learned something by osmosis anyways. The investing thing I look at it like 2 groups
> Money to keep
> Money to dream
I don't know what's the correct ratio, but you need a bit of both and if part of that money to dream becomes a nightmare then you'll probably stop buying dips before that nightmare becomes everything.

>> No.10542558

>>10542463
The thing is while we're in technically we're all treading water. I took some Fiat out and I'm putting it back in very slowly. I prefer to have BTC to Fiat but I'm not sure if the world will ever really agree. In other markets there are people that made a lot and 10 years later they have a rope and a chair and they give the chair a gentle tappity tap.

>> No.10542714

>>10542464
I'm already 80%+ btc tho.

>> No.10542730

>>10541929
>bitcoin goes up
>s-should have held bitcoin

>alts go up
>i h-hate bitcoin, should have held alts

>> No.10542746

>>10541929
Yeah desu my biggest mistake wasn't not selling the top or anywhere near it when big in fiat profit, it's that I didn't at very least sell to sit tight i BTC.

Would still be comfortably in profit if I'd held BTC but having hodled all the way down with utter shitcoins I'm down like 86%.

>> No.10542937

>>10542746
that's what one gets for acting as if markets will be rational I guess

>> No.10542955
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10542955

>50% btc
>50% alts
>Increase % of alts in a rising market, increase % of btc in a downwards cycle
Then just don't fuck around with shitcoins, don't try to daytrade if you don't know what you're doing.

Millionaire by 2020

>> No.10542994

>>10541929

When you buy shit all you have to sell is shit.

>> No.10543005

Alt season is coming boys, I can feel it in me bones

>> No.10543030

>>10541929
>ether goes down
>shitcoin goes down
>shitcoin value goes down twice

>ether goes up
>shitcoin goes up
>shitcoin value goes up twice

>how many people think that way?

90% of the population which are of average intelligence or less.

>> No.10543041

>>10542095
learnt this the hard way

>> No.10543079
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10543079

>>10543030
>>10542955
This

>> No.10543106

>>10541929
Why don't you have that normie bitch muted? mute all women in crypto

>> No.10543411

>>10542955
Or just put all your money in a promising project that is set to rise like ETH

>> No.10543560

>>10543411
most retards arent able to pick a promising project and put all their money in LINK