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/biz/ - Business & Finance


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22246788 No.22246788 [Reply] [Original]

I dont understand people who hodl. Why not just sell at ATH and then buy when it dumps?
Some people are losing 500k cuz they didnt sell link at 20$ they could have used that 500k to buy it now at 9$

>> No.22246832

>>22246788
BUT THE MEME SAID HOLD

>> No.22246833

Its called hindsight moron. If everyone knew the future, everyone would be multi-millionaire

>> No.22246864

>>22246788
i sold at $18, will pump your bags at $3

>> No.22246882

>>22246788
You don't know that $20 it the top and you don't know how far it'll dump. Getting priced out may deprive you of potentially tens or hundreds of dollars. Pretty simple.

>> No.22246883
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22246883

>>22246788

>> No.22246886

>>22246788
checked and some are tryin to pay as little as possible to Gov since they don't represent us here in the states anymore...Tranny Pedo story time, Stand down orders from Antifa and BLM terriost attacks, no arrests of the Hollywood pedo elites etc etc. Plus when staking?

>> No.22246889

>>22246833
This was the most predictable dump ever tho
Literally just look at the chainlink chart history

>> No.22246915

>>22246788
Taxes

>> No.22246923

>>22246788
Good luck calling the ATH. I succeed more often than not. The first time at almost 20k btc I unironically almost suicides because of losing multimillionaire status.

>> No.22246926

>>22246889
People said that at $12 and $17 as well. It's hard to call a parabola's top, though admittedly in this particular case it should have been obvious once Portnoy announced he was buying.

>> No.22246947

>>22246788
I bought at $20 and sold at $12. Glad I cut my losses.

>> No.22246985

>>22246882
>>22246833
Sure, but dont be utterly retarded and sell at least part of your bags going up. If youre anybody who bought link even before $4, which if youve been here for >2months and you fell for the stupid stinky memes you are, not selling even a bit as you break past $10, $13, $16, $18 is the height of greed and you deserve to lose every last cent.

>> No.22246990

>>22246788
>Why dident you just sell BTC at 20k?
I fucking hate all these newfags flooding the board.

>> No.22247089

>>22246990
Yeah me too. I remember it. When my net worth dropped to below 1 million I had the knife on the table, believe me.

>> No.22247191

>>22246985
>this

>> No.22247247

>>22246985
If you believe in long term success, aren't gonna get rekt it the price falls too low, and you have other capital to invest, then there is really no reason to not hold. In fact it seems more greedy to try to sell at 20 and buy back at 10 if you think next year it's gonna be 50 anyway.
You're correct for project you aren't sure will even survive. Then yeah, take profits.
Also, I held for the chance, but as a $1 buyer I just sold now on the way down and still made x10. I don't feel too bad for holding.

>> No.22247256

>>22246788
if they listened to me they would have sold at 4$

>> No.22247261

>>22246990
If you didn't sell at $16-17k at the very least it was probably your first market.
If you didn't learn from it you're braindead.

>> No.22247409

>>22247247
Sigh. I know anyone who believes in the "long term success" of chainlink is a room temperature iq smoothbrain, but the whole point of this thread was to talk about 'why not swing and increase your stack than just hold.' Get your handler to read it slowly to you

>> No.22247546

>>22247409
>why not swing and increase your stack than just hold
Yeah I answered that. Why not? You can get priced out and left behind and get 20k instead of 1mm. It's less risk if you know exactly when you wanna sell and believe it'll get to that price. Real simple

>> No.22247615

Because not enough volume of buys. In reality there is only ever enough to maybe cover a small minority of sellers at ATH before it craters. Shit like this thread convinces me that /biz/ is literally full of uneducated children.

>> No.22247649

>>22247546
>you must always swing your entire staxk every time
>the market only goes up, never goes down
>after performing a 5x in a month, it is far too risky for me to sell even a small percentage of my stack because it could continue to go up and the overwhelming likelyhood that a correction is inbound is still too risky for me
Rope

>> No.22247686

>>22246788
We aren't at ATH yet.

>> No.22247811

>>22247649
Again if you have other money to invest in other shit you can have 0 risk which is pretty good. Overwhelming likelihood get rekt constantly in crypro.

>> No.22247953
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22247953

>>22246788
BECAUSE ALL OF THESE RETARDS LAUGHED AT ME WHEN I STARTED UNLOADING THOSE 2018 BAGS STARTING FROM 10$ AND CLOSED EVERYTHING AT 16$.

160K ANON WAS ARGUING WITH ME, AND NOW HE LOST 1 500 000 USD OF UNREALIZED PROFITS PLUS, BECAUSE HE WAS POSTING ABOUT BUILDING GENERATIONAL WEALTH @ 19$ PER LINK WITH 3 MILLIE PORTFOLIO

EVERYONE WHO BOUGHT LINK 16-99 CENTS AND DIDNT SOLD 90% OF FOLIO IN 10$-20$ RANGE IS FUCKIN RETARDED PERIOD.

DONT CARE ABOUT MUH 1000 EOY OR ANYTHING ELSE.

EVERY BUY-IN BEFORE 1$ SHOULD START UNLOADING AT 10$ UP.

FUCK CRYPTO
FUCK MUH HOLDING
FUCK EUOPHORIA.

YOU GUYS ARE PLAYING AGAINST OTHER PEOPLE, SOMEONE HAS TO BUY THE TOP, AND SOMEONE HAS TO CAPITULATE AT THE BOTTOM.

TOLD YOU BEFORE, AND I WILL REPEAT THIS AGAIN.

DONT GET CAUGHT WHEN THOSE WALLET ALERTS START POPPING OFF.

>BTC TO 3K
>LINK ALREADY -50%
>PIC RELATED
>AUGUST 17TH

>> No.22248067

>>22246788
>I dont understand people who hodl. Why not just sell at ATH and then buy when it dumps?

>just be psychic bro

>> No.22248093

>>22247615
Unless you're literally Sergey or you only trade on Binance, there is plenty of volume.

>> No.22248184
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22248184

>>22248067
>inb4 b-but I didn't see that chart
If you're not lurking /biz/ for 8+ hours a day you're NGMI.

>> No.22248403

>>22246882
>You don't know that $20 it the top and you don't know how far it'll dump.
link went to 1,5$ in March and to 1,5$ in 2019 prior to this 20$ pump and you still lying to yourself.

dude people here,me included were buying this shit from 16cents to sub dollar, you still have 2017 mindset and didnt applied 2020 rona' situation to your financial decision.

fuck outta here with this low test posts