/biz/ - Business & Finance

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Anonymous Fri Aug 16 23:48:51 2019 No.15283426 [Reply] [Original]

I longed btc at 10500 when it was trading at 10460, the USDC spread is trash, FUCK.
am i fucked or will it go higher?

>>	Anonymous Fri Aug 16 23:49:59 2019 No.15283440 >>15283426 >longed >immediately gets anxious Retard alert

>>	Anonymous Fri Aug 16 23:52:23 2019 No.15283462 File: 220 KB, 890x905, 1566001996035.jpg [View same] [iqdb] [saucenao] [google] >>15283426 youre fucked. dump what you can and short it to 9500 to make your money back.

>>	Anonymous Fri Aug 16 23:57:17 2019 No.15283492 I think it will dump again next week it should get to at least 10.8

>>	Anonymous Fri Aug 16 23:57:23 2019 No.15283494 >>15283440 this. you long because you expect price to go up, you can't just back out the second it doesn't what are your conditions for the trade?

>>	Anonymous Fri Aug 16 23:59:51 2019 No.15283513 >>15283494 FOMO

>>	Anonymous Sat Aug 17 00:00:41 2019 No.15283519 >>15283426 >long high, short low

Anonymous Sat Aug 17 00:19:01 2019 No.15283648

>>15283426
If you want short terms gambles might as well day trade shitcoins like Matic which did a 10xs in ten days. BTC is for relatively modest but consistent and predictable returns from long term holding. It won't 100xs anytime soon but it won't go to zero either. It will likely 10xs over the next year.

>>	Anonymous Sat Aug 17 00:21:26 2019 No.15283666 >>15283426 Dude, this shit is going to 7k and lower. >Yeah whatever, let me buy in first Retard

Anonymous Sat Aug 17 00:46:12 2019 No.15283816
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>>15283666
>let me sell the bottom just like I bought the top

Classic /biz/. If you bought the top in the first place you're not untethered from common market psychology. Those who can't trade should hold.

Those who can trade might have what it takes to get rich off of shitcoins. But they wouldn't be in OP's situation in the first place. Everyone thinks they're the later but most of /biz/ is the former.

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