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/biz/ - Business & Finance

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16579842 No.16579842 [Reply] [Original]

how the fuck is everyone here staying so cool when were all losing everything rn?

>> No.16579853

>implying i have losing bigcoins in my portfolio

>> No.16579861

>>16579842
We're not. We all bought into Tezos a week or two back.

>> No.16579864

>>16579842
>implying you make it out of life with your funds

>> No.16579870
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16579870

>>16579842
Because I'm too busy buying

>> No.16579873

i bought march / april this year, it can still go lower and perform better than boomer stocks.

>> No.16579874
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16579874

>he chose the wrong coins

>> No.16579885

we're all veterans of countless dips. newfags may be impressed but most of us give no fucks, we know BTC goes back up in due time.

>> No.16579890

buying no no no no noooooooooooooooooooooooooooooooooooo we only gamble on price direction now, no one buys

>> No.16579896

>>16579885
You’re in for a lot of hurt 2020.

-BSV holder

>> No.16579902

>>16579896
yeah no, suck my cock pajeet. your shitcoin is unironically going to 0.

>> No.16579931

>>16579842
This ain't my first rodeo newfag. You either stick to your guns or gtfo.

You think LINK started at $0.20? Most of those buyers were bagholders dropping their average basis.

If you freak out now you lose. You need to believe in what your holding. If you can't, then you bought the wrong bags.

The only people who stick around in a bear market are sharks anon. They're vicious and they're hard to manipulate, which is why the pink wojaks aren't being spammed. Once bull season starts, and we get fresh blood in, this board will be the most emotionally manipulative board you've ever seen. For now, biz is hibernating.

>> No.16579940

>>16579870
>>16579873
>>16579885
>>16579931
Absolutely and utterly based
Rock on gentlemen

>> No.16579948

>>16579842
>were all losing everything
Speak for yourself

>> No.16579959

>>16579842
Bruh, a LOT of people are off killing themselves. Well past depression and memes now.

>> No.16579963

>>16579842
I lost 30% on Ethereum in 3 weeks once. this is nothing compared to that.

>> No.16579969

>>16579842
These broke ass NEET incels dont hold shit, /biz/ is just a LARP hive

>> No.16579984
File: 333 KB, 1920x1080, 2001-a-space-odyssey-original_0.jpg [View same] [iqdb] [saucenao] [google]
16579984

>Oh my good, it's full of greens...

>> No.16579991
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16579991

>>16579842
We're all used to it. I'm just playing vidya and filling my bags.

>> No.16579995

>>16579842
Don't give a fuck anymore. I will spend the rest of my life DCAing into the shitcoins I've bought till zero and still have a smile on my face before the last dying breath.

>> No.16579996

>>16579842
found the newfag

>> No.16580006

>>16579902
if Creg has to pay people to use it isn't that less than zero?

>> No.16580013

>>16579995
Lol. Same.

>> No.16580014

Is ethereum a good buy right now?

>> No.16580030

>>16580014
Yes, but you can also probably get it cheaper. BTC can blow off more steam and ETH will come down with it. If ETH gets around $100 again then a low leverage long will be guaranteed money.

>> No.16580046

>>16579842
>he doesnt know
watch as we wave goodbye

>> No.16580056

>>16579842
>how the fuck is everyone here staying so cool when were all losing everything rn?

from my point ive view, pretty used to the volatility of crypto already and we've been in a long bear market and ive been expecting it to be longer. i was surprised when we pumped from like 5K to 12+k earlier this year as there was no real reason to go up except for some rumors from bakkt and some other things like fidelity accounts letting you trade crypto or some shit. other than that the last big bitcoin pump was random and probably just a "correction" up after the correction down. and we're probably going to be around this level or lower for a few more months, if we went below the last yearly low i wouldn't be too shocked either.


bitcoin will pump 5x out of nowhere sometimes then itll dump 5x out of nowhere too. this isn't too weird for this market. i might buy a bunch of btc, eth, or link if we have a massive dump but im waiting for it to be "bloodier." if it doesn't get bloodier, i'll hold what i have. but if we have a mega-dump im going to be buying a lot. my buy signal will when i see this board slow and people losing faith and redditors saying crypto is a scam and people contemplating suicide on twitter and all of that shit, like when it hit 6k and under a few months back.

>> No.16580062

This is only temporary anyway.

>> No.16580071

>>16579931
I don't get it. Why do the new people come in when everything is getting more expensive? They rather risk buying the top in the hopes of a 2x than risk buying bullshit in the hopes of 10,20,100x?

>> No.16580094

>>16580071
normies only buy when it's late. it's like when apple hit rock bottom in the 90s, everyone made fun of it, then it recovered and skyrocketed and made the few people who believed in it filthy rich.

>> No.16580099

>>16580071
Yup that's pretty much it.

>> No.16580105

>>16579842
Because i bought bsv at 50-60$

>> No.16580188

>>16580071
because of probability
>bitcoin has a high probability of a 2x within the next 2 years
>shitcoin has an extremely low probability of a 20x in the next 2 years
investing and gambeling are pretty much the same with the difference being risk/reward ratio's

>> No.16580189

>>16579842
>LE BASED ZIONIST GATEKEEPER XD
ITS THE CHICOMS XDXDXDXDXD

>> No.16580240

>>16579842
I'm up like 75% over the last 2 weeks tho

>> No.16580249

>>16580240
No your not LARP

>> No.16580261

>>16580249
https://www.coingecko.com/en/coins/coinmetro
no larp

>> No.16580273

This is how you need to look at it retard, it's called the POOP FORMULA. The POOP FORMULA, or PF for short, uses your existing resources (po), current market positions (op), and hypothetical market positions (pp).

If you have 1000$ you can use the variable po / op * pp to compare results to the future. 1000$ (capital) / .40 (current price) * 2.0$ (future predictions) = 5000$ (future gains). The POOP FORMULA works because you just need to compare the mediocre sums in your pockets now, compared to the large sums you can walk away with if you just had the balls to use the POOP FORMULA. A real example of my personal success is that I bought in after the ICO on ED for .06c per LINK. I bought 1000$ worth and have been holding ever since (I did not sell at 4$). 1000$ / .06 * 10$ = 165,000$ if LINK goes to 10$. Obviously LINK is not 10$ right now, but by using the POOP FORMULA, I am able to concur that if I hold I will have lots of monies. The philosophy behind the POOP FORMULA is that you only need to compare how long it would take you to make the profits you are estimating by waging or neetbuxing. 165,000$ for me would take years, a seemingly harsh tax on my life to make such a large sum of money (to me). But with the POOP FORMULA, I realized that I just needed to have the po, op, and pp variables factor into my decisions, because without them I forgot that I'm trying to change my life and I need to have my balls pushed right up to the wall, effectively splitting them because of the pressure that's needed to throw out risk evaluation. Remember, the POOP FORMULA saves the rejected failures in life and brings them to redemption. Use it in all life problems and you can't go wrong.

>> No.16580290

>>16579842
Because I'm not low-T like you.

>> No.16580291

Been there... Done that... Nothing new with this price action

>> No.16580323

>>16580261
That doesn't prove shit, lets see your portfolio

>> No.16580331

>>16579842
because if we lose it all we get to kys

>> No.16580355

Saw the CoinMetro link from CG.

VERY NICE! I saw it ride 20% the other day and took a nice position with 200k XCM.

They just got funding and are signing up lots of new customers. Also new copy trading platform out this weekend along with XCM use cases! They’re locking XCM for 10 years (like BURN)

Think I’m lucky to with timing finding this gem

>> No.16581005

>>16579842
I'm diversified. I'm still up 10% this year between crypto and stocks. I also don't buy and hold crypto. I trade it.

>> No.16581305

>>16579842
>we
BTC dropped 2.4%
who the fuck is 'we'

>> No.16581333

no Adam and Eevee bottom, still a chance for a double bottom though

>> No.16581369

>>16579842
Losing? You are supposed to be buying dips now, not selling. If you already messed up and bought high, it's time to buy more.

>> No.16581733
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16581733

>>16579842
NEVER “INVEST” MORE THAN YOU CAN AFFORD TO LOSE AGAHAHAHAHAHAHAHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHH

>> No.16582586

>>16579842
Because everything was already lost fren. This is just our hope of regaining ourselves back.

>> No.16582611

because the only thing stronger than fear is greed
do you want to be the guy who loses all his money? or the guy who misses out on a 10-100x?

>> No.16582629

>>16579842
we have been losing everything on this wild ride for 2 years now, this is nothing new.

>> No.16582644

>>16580273
I had to read this like three times to realize how stupid it is

>> No.16582691

>>16579842
Because I bought Pegnet and am 75% up and it's only just begun.

>> No.16582730

>>16582691
Where do you keep it? Mines stuck on Vitex

>> No.16582765
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16582765

Schlop schlop schlop schlop schlop schlop

>> No.16582813

>>16582611
>do you want to be the guy who loses all his money? or the guy who misses out on a 10-100x?
Often these are both the same guy though.

>> No.16582818

>>16580071
understand this: normies are too busy keeping up with the kardashians to value the fundamentals of ANY asset, let alone trustless ones, what they respond to is price action and price action alone, hence they are laggards and buy tops and sell bottoms

>> No.16582861

>>16582818
>normies are too busy keeping up with the kardashians

i have literally never met or known or seen anyone who likes that show or even talks about it. ive only ever seen it made in references you just made here

>> No.16582880

>>16580013
You guys spend all your money on the lotto as well?

>> No.16583434

>>16579902
based

>> No.16583450

>>16579896
except you should've been able to tell BSV is a fucking scam, like holy hell dude.

>> No.16583469

>>16579959
go back
leave this website

>> No.16584001

>>16579842

That's the whole point of jewish demoraliza5ion campaigns. It is no different to ignoring bbc threads on all boards.

>> No.16584044

i i bought 10k link at 30 cents,

im broke as fuck.

im selling is all if chainliinkn hits 60 cents just to say i doubled my money. fuck it. i would have turned 3k into 6k. in two years i guess

>> No.16584065

>>16584044
quit being such a pussy. last thing i need is my anons turning into wallowing bitches

>> No.16584067

>>16579842
>were all losing everything rn

Nigga what? I have a real business and I'm making more money daily. You bought some bullshit because your lazy ass too dumb to build something and instead wanna just sit at your 'puter playing vidya while the thing you bought makes you millions. Get a real job or a real business or stfu

>> No.16584084
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16584084

>>16584067

>> No.16584095

>>16580071
Because normies are fucking retarded

>> No.16584104

>>16584084
Thanks, will steal this image to LARP as a successful reseller at ~2am tomorrow.

>> No.16584109

>>16584104
may i download it aswell?

>> No.16584111

>>16584067
I'm never buying shitcoins or stocks again, im just not good at it, from now on I'm only losing my money trying to start a business, at least my actions and efforts have somewhat of an outcome on the end result, waiting around 2 years watching some magical graph to go up only to end up worse than when I started is fucked

>> No.16584123

>>16584084
How many and what kind of products do you sell? I'm trying to sell on amazon but haven't invested much

>> No.16584137
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16584137

>>16584104
You might need this too

>> No.16584143

>>16579842
how would it benefit me to panic, OP? that only results in poor decision-making. you have to keep your head in a bear market. everyone knows that

>> No.16584146

>>16584123
Join the discord.

Y57SpG

>> No.16584152

When it drops you can buy more cheaply, if it rises you make money, it's a win-win situation eirher way

>> No.16584164

>>16579842
I lost over 2 million in value during the big crash of 2018
The worst I got was probably crying when I was out drinking with friends I started thinking about it and couldn't stop

I held all my coins and it rebounded pretty well in 2019
this recent drop is nothing

>> No.16584174

>>16579842
I have <5% of my net worth in crypto. Already rich and don’t want to risk losing it.

>> No.16584177

>>16579861
I can’t wait for tezos to crash

>> No.16584180

>>16584177
And it will, Gandlaf and it will.

>> No.16584195

>>16584137
Based. Thanks anon, I will give you a cut of the proceeds when I sell my $50 how-to guide to Ranjesh tomorrow.