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11277916 No.11277916 [Reply] [Original]

Fuck biz for ever telling me to buy this shit. This is so fucked up.

>> No.11277940

>>11277916
So you sold?

Otherwise you haven't lost anything.

>> No.11277966

>>11277940
That is bullshit. When the value goes down then I’ve lost money.

>> No.11278006

>>11277966
When the value goes down, you still have your assets.

If the value goes up, the value goes up on your assets.
>inb4 crypto is dead forever.
If you are holding and crypto recovers, you will recover. If you SOLD and crypto recovers, you will kill yourself.

>> No.11278017

>>11278006
I’m holding but crypto may never recover.

>> No.11278031

>>11277966
You dont lose money if you hold because of long term cap gain rates. Yeah I couldve sold my $750k in Jan and got hit with 40% or I can wait till the next run and get hit at 15%. Btw BTC is going to $50k next year

>> No.11278032

>>11278017
you are speaking out of fear. what are you holding.

>> No.11278062

>>11278032
BTC
ETH
XLM
BAT

>> No.11278111

>>11278062
what makes you think they are dead?

>> No.11278161

>>11278111
His entire experience in crypto probably started Jan 3rd 2018.

>> No.11278243

>>11278031
> wait til next run

You fucked up and missed your chance. I used to have over 300K and now have 25K. I fucking WISH i sold.

>> No.11278305

>>11278161
hmmm... thank you for correcting my skewed perspective. i now understand why people think i am strange.

>> No.11278314
File: 92 KB, 300x300, 1530588939955.png [View same] [iqdb] [saucenao] [google]
11278314

>>11277916
I gained $100k from crypto

Thanks for the cash fren

>> No.11278455

>>11278111
I don’t know if they are or not. I just think the people who assume it’s inevitable prices will recover are idiots.

>> No.11278513

>>11278455
If crypto does not recover:
-It would be the first time it has ever not recovered since 2008.
-The technology failed as a proof-of-concept and will fade into obscurity within 2019
-All the banks, tech companies, retailers, and logistics services that even considered decentralized applications were just as deluded as you were when you bought into it and will drop the idea literally tomorrow.

>> No.11278583

>>11278513
So?

>> No.11278645

You were never going to sell.

>> No.11278665

>>11278583
It's simply evidence that suggests that not breaking even after 5 years is very improbable.

>> No.11278770

Crypto is a Ponzi.

You got burned.

Invest what you have into real companies with real useful products.

>> No.11278819

>>11277916
You're just butthurt because you bought during high tide and it's low tide now. Seriously, nut up. One of two things are going to happen:

A. Crypto will fade into obscurity over the next decade and investors will sizzle out. No economic innovation occurs and things go back to the way it was before, everybody uses paper money and rides on horseback.

B. Cryptocurrencies become the norm as an economic recession hits most major countries, normies try to find an economic safe haven to store their wealth in. The world is powered by digital ledger technology.

When I say "future", which one sounds more plausible? Use your head you stupid idiot.

>> No.11278841

>>11278819
It’s obvious which one sounds more plausible from the descriptions you used. However your descriptions are biased and could easily have been presented to support the alternative view.

>> No.11278858
File: 279 KB, 1080x1920, Screenshot (Oct 3, 2018 12_33_56 AM).png [View same] [iqdb] [saucenao] [google]
11278858

>>11277916
You haven't lost anything until you've sold.

>> No.11278866

Here is a tip for all you new fags: Never EVER listen to biz. Most of these fuckers are holding 20 dollars worth of bags and have no fucking clue.

>> No.11278924

>>11278866
checked.

>> No.11278978

>>11278841
relax OP. i bought xrp at 54 cents and sold at 46. i am literally the meme. but before anyone bullies me, i thought it was going to keep dropping into the 30s.

this anon >>11278819 has it right. and its option B unironically.

>> No.11278982
File: 73 KB, 261x326, 1538439229543.png [View same] [iqdb] [saucenao] [google]
11278982

>>11277940
FUCKIBG KEK. I love when pajeets give normies this retarded advice. When you buy a buttcorn you are giving your money to some whale. In return he gave you an asset. If the asset loses value that means you lost money. OP dosent own his money anymore he gave it up to some chink or russian whale in exchange for some internet play money.

>> No.11279017

>>11278982
this

>invest $8000
>it drops $2000 overnight
>you have lost $2000 overnight
>your investment value is now worth $6000
>it drops another $1000
>now worth $5000
but he didnt sell so he didnt lose anything amirite!