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18187045 No.18187045 [Reply] [Original]

Have any of you made a fuckton of money from stocks or cryptos?

I’m considering pattern day trading cryptos every time they dip then bounce to make some decent cash. Seems like a foolproof plan to make steady income.

>> No.18187074
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18187074

No.
This is just an excuse to gamble without being seen as a degenerate.
And just like in gambling, the house always wins, but we get to have fun along the way.

>> No.18187103

>>18187074
Except it’s different from traditional gambling in a sense that you can watch the market and make accurate predictions of what will happen, it’s not entirely luck.

>> No.18187104

>>18187045
I just like throwing money into the abyss

>> No.18187112

>>18187045
I inherited ~$175k and turned it into $450k just with VTSAX, SCHB, and monthly contributions. Does that count as a fuckton? Maybe not, but being in my mid 30s I'm very happy with it.

>> No.18187116

>>18187045
Hundreds of thousands, but I wouldn't call that making it yet. I'm shooting for 2 million.

>> No.18188146

>>18187103
did you predict this crash anon?

>> No.18188211

>>18188146
Not that hard to predict. The virus had been around a while

>> No.18188271

>>18187112
Did you cash out before the crash?

>> No.18188305

>>18187045
That's my problem. What need be for this.

>> No.18188308

>>18188211
could foresee this one year ago?

>> No.18188314

>>18188146
I'm a migrant from /pol/ until this all blows over.
The schizos and some reasonable people there did actually see the crash happening some time ago.

>> No.18188319

My full time job is day trading crypto. But I only make about as much as a Walmart manager, I have no benefits and the risks are enormous. So think carefully.

>> No.18188397

I day trade massive stacks every day. I make my gains and get out when I'm down at a certain margin. I never leave my stacks out to the wind after each day or weekend. Rinse and repeat, it can never fail as long as someone is making money, pro-tip there are stocks designed to go up when things are bad. Also, if you know how to read proper diversions on charts etc, you can accurately predict Puts and Calls in options but meh.

My only regret is the IRS, they make a great day into average and an amazing day into great. Price to pay..

>> No.18188443

>>18188308
No, but anyone could since January.

>> No.18188755

>>18188443
why you didnt

>> No.18188819

>>18188146
If you literally followed Chinese Wuhan leaks back in November and the outbreak pattern you would have immediately realized this was going to happen, you dumb tranny.

>> No.18189633

>>18187045
ah-bloo-bloo

>> No.18189665

>>18188271
About 30%, rest of it on permanent hodl. Now I'm just waiting for the real bottom to buy more. Hopefully the bottom wasn't last Monday.

>> No.18189698

>>18187045
This strat works until theres no liquidity left and the price dumps 55% in one day. Manage risk

>> No.18189803

>>18188211
So you did predict it?

>> No.18189864

>>18188819
So you predicted it? Are you rich now?

>> No.18190176

>>18188755
I did i trade with 1k or so. I shorted the top of dow jones. However im still down on cash lol

>> No.18190282

>>18189665
when do you think it'll come?

>> No.18190345

>>18187045
I donno if i could call it a fuckton, but from 2008 to 2014 or so I made enough for a house. I was highly highly leveraged though.