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/biz/ - Business & Finance

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22029964 No.22029964 [Reply] [Original]

I thought crypto was a way for quick easy money all you get is quick losses

>> No.22030012

>>22029964
It's a learning process. I use to chase pumps and realize I was quickly losing money.

>> No.22030047

speak for yourself. You're doing something wrong if you can't make any money here. Large fees make it tough for people with small amounts but iif you make one good call then your small amount isnt so small any more. Learn from your mistakes or maybe this just isn't for you. Think there are countless others trying to take every penny from you with each trade you make and you have to beat them before they beat you. It isn't for everyone.

>> No.22030069

>>22029964

i went broke once.

golden rule: just dont fall for biz pajeets and dont fomo in

>> No.22030079

Its literally the opposite of quick, can take 2-3years+ before your coin makes you rich, and that is only if you have iron hands and iron patience during those 2-3 years.
If you're chasing pnd shitcoins for a quick buck you're not gonna make it.

>> No.22030102

>>22029964
Buy and hold. It's as easy as that.

>> No.22030477

>>22030047
I wanted to get into staking one of the new finance meme coins. Bought $500 of said memecoin. Between transferring ETH (gas), wrapping ETH (fee), proxying Balancer (thiccc gas), allowing the coin (gas), allowing wETH (gas), actually staking (again thic gas), that was like $100 of ETH. I just wasted $100 in 2 hours on a Sunday, but I will say I learned a lot about the entire process and the logistics. I'm not wealthy enough or brave enough to stake so I'll just take solid projects and ride the waves, I guess.

>> No.22030559
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22030559

Are you pic related?

>> No.22030839

Don't FOMO in and don't panic sell out. In the fullness of time all things become profitable

>> No.22030923

Get fucked moonboy we are in this space for what the liberation of finance means to people of color not so you can buy a meme car to impress your mother>>22029964

>> No.22030956
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22030956

Once you become a shitcoin hunter it's going to be a very smooth ride
Not going to say more, but if you know you know