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/biz/ - Business & Finance

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12924741 No.12924741 [Reply] [Original]

How am I supposed to know the right time to buy a certain cryptocurrency? Can somebody please convince me this is not gambling. How the fuck do you guys do it?

>> No.12924747

>>12924741
you buy when it is going down or going sideways. now we sideways so buy a little every week. when we start to go up buy up until the last all time high, then let it run until it is time for you take profit.

>> No.12924755

dude after the bear market im so risk averse, I literally wait for a coin to crash like 40% in a day, then I check the telegram bunker to see how everyone's holding up. if the project didnt exit scam, i buy.

>> No.12924770

>>12924741
It is virtually impossible to buy at the right time. Dollar cost average into projects that you believe in long term. Less risk, less stress.

>> No.12924786

>>12924770

This don't go all in initially buy the dips. be smart faggot

>> No.12924791

it is gambling. in fact, any possible action by you is gambling in a meta sense.

>buy bitcoin? gambling
>hodl fiat? gambling
>walk out your door in the morning? gambling
>stay at home? gambling
>not killing yourself? gambling

>> No.12924798

buy high sell low

>> No.12924801

>>12924791
Not killing oneself is the most important here

>> No.12924809

>>12924741
Go all-in when it's going up really fast. It's the only way.