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2017232 No.2017232 [Reply] [Original]

> HAVE LEFT OVER STUDENT LOAN
> BUY 101.76 ETH @ 83.23
> CURRENT IS $76
> LOST $735

WHAT THE PLUMKIN IS THIS SHIT

IF I WANTED TO LOSE THIS MUCH MONEY I WOULD HAVE GOTTEN A GIRLFRIEND WHAT THE FUCKING HELL IS GOING ON!?

>> No.2017236

>>2017232
Ah, the good ol' buy high sell low strategy
You'll fit right in

>> No.2017237

>>2017232
Lesson learned. Stop buying at ATH.

>> No.2017239

>>2017237
How do you know it won't be an all-time high a month from now what if it just keeps going up

>> No.2017240
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2017240

>>2017232
Just hold it you dumb fuck.

More major announcements are coming later this month.

Yeah you could've done better, but more good things are coming, just be patient. If you like losing money, go ahead and panic sell.

>> No.2017244

>>2017239
I don't. That's why I didn't panic sell.

>> No.2017248

>>2017244
Does it even matter if you buy at 70 that's what I'm considering doing but I bought it when it was $15

>> No.2017379

>>2017232
don't sell, whatever you do. wait a month and she'll be right. ETH is long term investment at this point, same with golem imo. if you wanted to ride a pump, you gotta expect to lose some in the dumps as well.

>> No.2017677

>>2017232
These same threads were floating around when it was at $50 and dipped to $40.

>> No.2017679

BUY INTO THE FUCKIN DIP

HOOLLLLD

HOLD LIKE A SPARTAN AT THE HOT GATES

>> No.2017680

Just give it to me OP

>> No.2017695

>>2017232
>OMG IT'S DOWN $5!?!?!

The only reason it dipped is because bitcoins price went up and it caused people to panic sell. Relax cupcake

>> No.2017791

>>2017695
If you're REALLY concerned (which you shouldn't) you can hedge your eth by shorting the same amount vs USD.

But you should really do this when it was at ATH though, hedging a short within the dip is kinda retarded

>> No.2017793

>buying at all time high
its obvious all the coins would go down today

>> No.2018221
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2018221

>>2017232
Love me some newfag's cuckbux, thx

>> No.2018228

>>2017232
I bet you'll sell too. Common greedy tactic. As Warren Buffet says, trading is the transfer of money from the impatient to the patient.

>> No.2018264

>>2018228
Buffet also thinks all crypto is idiotic to invest in, I've stopped listening to the guy. Selling would be foolish though, you're right about that.

>> No.2018294

>>2017248
I'm not from the future so I would never give an answer to that as if it's some kind of prediction
or sound advice. However, given the announcements coming up this month it has a lot of growing *potential. So personally, with my own money, I would probably buy at $70 and sit on it. I'm willing to gamble on ETH at this point and have some bux set aside for it.

>> No.2018298

>>2018264
Old people don't get technology so for him it would be idiotic. He wouldn't be able to do the qualitative analysis you need to make it.

>> No.2018320
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2018320

>>2017232
>>2017232

You haven't lost until you've sold kiddo

>> No.2018354

>>2018264
>Buffet also thinks all crypto is idiotic to invest in

Because there's no intristic value in cryptos. It's just zeroes and ones floating around the internet. For all we know whole market can dip to cents.

>> No.2018365

>>2018354
>intristic value
*intrinsic value

>> No.2018386

>>2017237
I keep fucking telling people here this but they respond with

>well I could've doubled my money if I'd bought ETH at ATH 4 times, so shut up buying at ATH is fine

Nobody fucking understands this.

IF YOU ARE BUYING AT ALL-TIME HIGH, YOU HAVE MISSED THE BOAT.

>> No.2018394

>>2018386
You may have missed the first boat but another could be right on the horizon

>> No.2018402

>>2018354
You can make the same argument with most stocks. It's more market manipulation than worth in assets and revenue.

>> No.2018403

>>2018386
I bought ETH when it was at an ATH, its more than doubled since.
>>2018354
Yeah, the internet is just a fad, we're surely going to be getting into Mad Max days just like all the survivalist LARPers fantasize about soon.

>> No.2018439

>>2018402
>You can make the same argument with most stocks. It's more market manipulation than worth in assets and revenue.

That's my point kind of. There are no assets and revenue for cryptos. If stock price falls below the value of assets (assuming company isn't going bankrupt) it's best occasion to buy them, almost risk free profit. Cryptos don't have this kind of price. It can all fall to flat zero.

>> No.2019266

>>2018439
Price of crypto goes up because of hoarders.
Just like jews store tons of diamonds in safes to keep the price high.

>> No.2019291

>>2018264
He is old. He probably simply doesn't understand how it works

>> No.2019312

You broke the rules....you never buy ATH. If its mooning and you don't already have it....its not your moon mission....but you can be a bag holder. But i think it will spike again hold ETH and forget about it. Its going to the next tier.

>> No.2019538
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2019538

When people buy ETH based off the price and not the fundamentals and see their investment dip by 5%

>kek

>> No.2019553

>>2018403
In all fairness, most of the people who were millionaires from the Internet bubble went broke because of the very thing they invested in. The market is just as savage as it is rewarding.

>> No.2019850

>>2017232
Are you retarded? I certainly hope you didn't sell it
It will increase over time. If you expect to get money immediately and panic sell the moment the ticker turns the wrong way you're better off at a casino

>> No.2020373

>>2018354
That's all fiat currency