[ 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: 273 KB, 301x514, timetolock.png [View same] [iqdb] [saucenao] [google]
25571971 No.25571971 [Reply] [Original]

Seriously starting to think I fucked up right now. Yesterday I locked in after the price had dipped, thinking a fairly large correction was imminent. However the price is already back to $34k and is showing no real signs of slowing down, and I have to now wait for my lock to expire.

Feeling really sick bros. What do I do? Did anyone else lock in?

>> No.25572023

>>25571971
ill unlock it for you rn for a small fee of .5 btc which is significantly less than anyone else

>> No.25572212

>>25572023
Wtf thats way too high, thats like a 17k fee right now

>> No.25572349

>>25572023
What are you ethereum?

>> No.25572429

>>25571971
even after all this time i never understood this locking meme. how the fuck do you "lock" an asset at a price? thats called selling...

>> No.25572478

>>25572429
Right? Just leave it in a savings account holy shit how stupid can people be

>> No.25572486
File: 12 KB, 286x286, 00054764574.jpg [View same] [iqdb] [saucenao] [google]
25572486

>>25572429
Wait, are you telling me you just hodl through every dump and correction? WITHOUT locking? What the fuck are you doing?

>> No.25572536

>>25572486
Pls no bulli, but what's the point? Who will buy your $30k BTC when it dips?

>> No.25572638

is cold storage locking for the ADHD retarded zoomers to keep them from panicking and selling at any sort of market movement?

why not just hold and forget?

>> No.25572655
File: 2.46 MB, 320x320, 1466642178108.gif [View same] [iqdb] [saucenao] [google]
25572655

>>25572429
>he doesn't know

>> No.25572806

>>25572638
>why not just hold and forget?

99% of the time I do, I locked at the top of the 2017/18 bullrun and unlocked and took massive profit.

I thought it was happening again but I've mis timed. As long as BTC crabs for a bit I'll be ok but im worried it will take off.

>> No.25572831

>>25572486
Are you stupid? Just sell for USD and keep in your savings to accrue interest. What does giving your coins to tether do for you?

>> No.25572840

>>25571971
Dude relax you made it.

Don’t
Ever
Fucking
Sell
Or
Trade

>> No.25572876

>>25572831
Are YOU stupid? I'm not talking about tethering up retard. I'm talking about locking BTC price.

Fucking newfags on this board I swear to god.

>> No.25572898 [DELETED] 

DON’T WASTE AND BE A TARD
JOIN BRILLIANT YIELD LIQUDITY POOL ON DUCKDAO
BECOME RICH RIGHT NOW

>> No.25572940

I locked in several years ago at 18k thinking I was the shit.

Bragged about it for years to my friend and on /biz/.

Now I'm fucked lol, don't fall for the locking meme.

>> No.25572978

>>25572486
I got burned too many times ..

>> No.25573120

>>25572876
(((Locking)))
Do you not realize whats actually happening???? You're just selling bitcoin and they hold your USD interest free. When you (((unlock))) you're just buying bitcoin at a new price. Holy hell

>> No.25573263

>>25573120
No those specific tokens are magically locked to that price forever, anon. LMFAO.