[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 2.37 MB, 1536x2048, 1578296558616.png [View same] [iqdb] [saucenao] [google]
20987808 No.20987808 [Reply] [Original]

My dad tells me I should sell my LINK on sudden peaks and that I could have had much more money than I already have. I know it's true but idk about the selling part. I'm too scared of it spiking right after I sell and losing my money.

>> No.20987852

>>20987808
just say something baout $1000
(thisisn't' advice)

>> No.20987858

>>20987808
Your dad's a retard my man. Just stack and hold.

>> No.20987900

>>20987858
I do think he's right it's. He says "no risk = no win" which is true but idk how much I wanna risk it. This board is dead to I can't get any good info as far as I know so I can't really sell or buy at the right time anymore.

>> No.20987973

>>20987900
10000

>> No.20988374

>>20987900
Holding/investing in link itself is already a huge risk

>> No.20988502

>>20988374
This. You have already risked your money in buying link, nothing is a guarantee. Plus, every minute that you choose not to cash out and take profit you continue to run the risk that it could crash to 0. Why would you choose to add a third layer of risk to what is already an extremely risky gamble in a volatile, unregulated market...

>> No.20988586

>>20987900
You're already holding something that can tank or moon 50% for no reason other than Sergey saying UH OH STINKY at an event

>> No.20988667

>>20987900
Your dad is wrong because only an idiot thinks he can time the market.

>> No.20988733
File: 30 KB, 1224x713, 1582828771522.jpg [View same] [iqdb] [saucenao] [google]
20988733

>>20988586
>UH OH STINKY
I lold

>> No.20988760

>>20987900
No risk = no reward
Like eating pop corns without the kernels

>> No.20988829

Not fucking selling. Imagine the relief those retards felt, the euphoria of gains, fools! They will see link continue onward without them to passive income through stake

>> No.20989042

I can only pull of swing trading if I'm online 24/7 which I can't be due to having a job

>> No.20989084

>>20987808
one in the hand is worth two in the bush, that said the fees tend to eat a lot of what should be your profits, if playing the swing i'd do it on margins desu

>> No.20989144

Remind your dad that swingies get the rope

>> No.20989151
File: 247 KB, 1536x2048, 1596325082871.jpg [View same] [iqdb] [saucenao] [google]
20989151

>>20989084
> if playing the swing i'd do it on margins desu
Not sure what that means? Just trade as soon as I can make a profit no matter how marginal it is?

Also if I have a lot of free time to look at the graphs should I just stare at them all day and try to trade? How do real traders do it? So far I've just been holding with iron hands.

>> No.20989173

>>20987808
and you're listening to him? ngmi

>> No.20989210

>>20989151
you're dad is retarded and so are you unless you stop listening to him and start thinking for yourself. how old are you anon, like 16? i thought everybody realizes their parents dont know shit by the time they reach adulthood

>> No.20989213

>>20989151
>So far I've just been holding with iron hands.
Stay the course then. If you want to profit on the swings day to day, look into to: leverage margin options and get an idea of what you are getting into, high risk high reward but you won't blow your stack

>> No.20989755

The question is, did he do it? ROI is better by sitting than trying to hit every top(then you also have to hit bottoms)

>> No.20990171

all swing linkers eventually swing from ropes