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/biz/ - Business & Finance

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11970917 No.11970917 [Reply] [Original]

How do you lose money in this market?

When the price of BTC goes down, it's a good thing because it's cheaper to buy. But when the price of BTC goes up, then you can sell it so you can buy more when the price goes back down again.

I don't understand why everybody on this site needs to make it so complicated with charts and patterns.

>> No.11970926
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11970926

>>11970917
buy high, sell low

>> No.11970953

how do you lose money if the market cap falls daily

>> No.11972132

In May 2017 I made 300% profit in alts (bought ETH at $81, then move to STRAT and a few others), but didn't exit to Bitcoin when the alts all crashed and then finally exited into FIAT at a slight loss.

Then, I started again in August 2017 and made 832% profit during the golden bull run. This time, I exited my alts into Bitcoin at $17k, but didn't sell my Bitcoin into FIAT. I sold at break even to FIAT in April.

>> No.11972156

>>11972132
lol turd