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/biz/ - Business & Finance

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21269975 No.21269975 [Reply] [Original]

I AM FINANCIALLY RUINED

>> No.21270045

lost half my monthly wage on silver today ama

>> No.21270164

My mining stocks are taking a fucking bath

>> No.21270185

>>21269975
FUCK YOU JPM

>> No.21270217
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21270217

>>21269975
Lmao, what’s this pattern called?

>> No.21270322

Phew. Even though I'm a bagholder i was hoping it wouldn't go to the moon yet.

>> No.21270333
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21270333

>>21270164
I invested 5% of my portfolio in silver miners today, and will again for any future dips. Literally nothing has changed with the fundamentals of currency debasement.

>> No.21270341

>>21270045
my only question would be why did you risk so much money on a heavily manipulated PM at a price spike? Genuinely curious about your thought process at the time. I'm not here to shit on you or anything, I am not in silver.

>> No.21270382

>>21269975
that’s a big bar

>> No.21270430

>>21270341

Pure greed friend. I made 500 euros last week on a leveraged bull instrument, I sold but got FOMO and bought.. at my profit and way more.. 10x instruments got liquidated on this dump.

Ive been doing so well too lately, calm and collected and rational. Did not expect -12% on a precious fucking metal, this just shows retail gets carried out ona stretcher..

>> No.21270441

>>21269975
Look at the chart anon - the last parabolic move in 2011 had a $5 dollar drop just before the major parabolic rise. High volatility is par for the course.

>> No.21270537

>>21270382
There are billions and trillions of them

>> No.21270629

I'm down $7k so far today on silver and gold. FUCK!

>> No.21270700

>>21270629

thanks, made me feel a little better at least

>> No.21270704
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21270704

>He fell for the shiny rocks meme

>> No.21270724

>>21270430
well thanks for your honesty. Sounds like you will make it back soon fren

>> No.21270861

>>21269975
I bought another 10 ounces when it was at 26... don't worry. It's going to go back up.

Have you seen that abysmal GDP?

>> No.21270873

Put 25k into miners, we can go back up now.

>> No.21270916

>>21270045
that's nothing anon.
i make or lose 5-10 years of wage daily

>> No.21270949

Get back in when gold hits 1800

>> No.21271072

>>21270217
>>21270333
B-b-b-but muh inflation

>> No.21271144

O-ok w-we can go back up now.

>> No.21271300

>>21269975
Then why did you sell? You can't be ruined until you sell.

>> No.21271614

>>21269975
same I am going to just hold onto my gold silver and if economic collapse happens at least I have something. Either way I got shrekt today I am extremely dissuaded to buy anything anymore. I lost at cryptos, I lost at this. There is nothing left for me to buy it just flash crashes whenever I do

>> No.21271684

AHHHHHHHHHHHHHHHH

>> No.21272133
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21272133

Nothing has changed. Pullbacks expected, I’ve used this opportunity to load up on more GDXJ.

>> No.21272680

I sold all my silver miners at the open and I'm happy as fuck.

When do I buy back in?

>> No.21272765

>>21270333
Checked. This is true. Fed is still going to officially go to YCC in September and we are looking at steep negative real rates for the foreseeable future until the debt to GDP ratio gets to a point where we can actually service it above 5%.

>> No.21273437

>>21271614
you lost ? look at the long term charts anon, this is the dip before the moon