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25755616 No.25755616 [Reply] [Original]

Holding Bitcoin is basically retarded right?

If you hold it and it drops down like it always does you need more gains to dig yourself out.

If you have 100 dollars and it drops 70% you’re basically fucked

100 - 70 = 30
200% gains on 30 would put you at 90. You need more than a 250% raise to be profitable again after losing 70%. Btc went from 20k to 3k last time and it took a long long time and it took 3 years to be at ATH again.

Yeah I’m buying stocks you people with 600k in crypto are fucking lunatics.

>> No.25756144

>>25755616
Alright just what I thought one post with actual facts that proves bitcoin is retarded and you all sweep it under the rug. Glad I bought stocks instead of joining your retarded cult.

>> No.25756301

>>25755616
yeah bro, figuring the right stock isn't even hard, its way more profitable over the long term if you have a minimum steady income aside

>> No.25756329

>>25755616
LOL

>> No.25756374

Seething

>> No.25756389

>200% gains on 30 would put you at 90
what sorcery is this

>> No.25756435

>>25755616
>600k in crypto are fucking lunatics.
It's called gambling addiction. Retarded zoomers buy into it.

>> No.25756450

What are you going to buy that isn't wildly overpriced, retard?
>hurr durr buy stonks
look at the buffet indicator

>> No.25756535

>>25755616
only if you buy high duh

>> No.25756536

>>25756450
There’s tons of great plays no one is buying anything for long term except for reddit

>> No.25756591

>>25755616
haha yeah totally it’s going to zero thank god i bought AAPL haha

>> No.25756641

>>25756591
Aapl actually was a good play lol if you put 7k in there in 2017 and forgot about it you’d have 45k now

>> No.25756757

>>25755616
Why would you buy at the top? If you bought at $1000 then it would have 20x your holdings followed by gradually dropping to 3x of your original holdings.
Amd even if you did buy at the absolute worst time in your example of $20K you still would have ended up gaining in the long run.
So at best you made 20x right away, at more mediocre timing you made between 3x and less than 20x fairly quickly depending on whether you sold before the top or sold somewhere after the top, and at worst you had to wait a couple years for it to 40x.
If that's your idea of a "retarded" investment then you don't know how to read charts and buy at the top before panic selling at the bottom. That's your fault, not BTC's.

>> No.25756801
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25756801

>>25755616

>> No.25756937
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25756937

Kill me please.

>> No.25756980

dollars / sats
vs
sats / days

>> No.25757037

bait thread

>> No.25757086

>>25756937
Might as well do calls at this point

>> No.25757117

>>25755616
if you already made money then stop being greedy and cash out because the longer this bubble goes on the higher chance you have of losing everything. you can always buy back in after teh crash

>> No.25757125

>>25755616
That’s assuming you buy at the top and it crashes like that. If you buy now and btc 5x and drops 70% lets imagine this scenario

100 initial -> 500 drops >> -70% = 150. Congrats you just made 50% gains

>> No.25757162

>>25756937
what is your plan here

>> No.25757178

>>25756937
the coinbase learn folio
still more than what i started with 3 years ago tho but looking at your spread and what you hold i can already see you're not gonna make it

>> No.25757181
File: 45 KB, 641x397, buffet.png [View same] [iqdb] [saucenao] [google]
25757181

>>25755616

>> No.25757259

>>25757162
I dont know. I'm just floating in the ether.

>> No.25757293

>>25757086
Calls?>>25757178
I did the coinbase earn thats how I have what I have now.

>> No.25757331

>>25756937
A-anon.. I...

>> No.25757349

>>25757181
Were literally just buying memes and dumping them every 2 weeks

>> No.25757607

You're not wrong

>> No.25758069

>>25755616
Nice retard impression

>> No.25758529

>>25756937
put it all in one low-ish MC coin and pray for a moonshot. that portfolio will never become anything otherwise.

>> No.25758732

>>25756937
in 2017 you needed 500 buck minimum to get started. I took the advice and threw it in some shit coins that did well and it all eventually fell into link. Now im at 40k. 500 bucks over 4 years turned into 40 thousand. Play for the long game anon. Its not too late but god damn stop being a faggot and go wagecuck to get those numbers up.

>> No.25758907

>>25758732
>in 2017 you needed 500 buck minimum to get started.
Wrong. Wrong. In 2017, you could start with less than 20 bucks and walk out with thousands. Swapping 1sat memecoins could get you started.

>> No.25758953

>>25758732
This. My $500 is now about $30k which is still astonishing when you think about it. People were saying it was too late back then just like they're saying it now. But that's because they don't have any foresight and don't understand what it is they're invested in.

>> No.25759040

if history repeats itself worse case scenario you holdand it crashes and you're at a new ATH in 5 years.

>> No.25759285

>>25758907
i agree with you but 500 bucks I think was more reasonable to get lucky with.

>> No.25760072

>>25756389
math

>> No.25760392

>>25755616
I’m a brainlet. I won’t bore you with anymore than that. But am I fucked? I’m old. Can I still retire with a million? I can put like $20k a year aside into investments.

>> No.25760428

>>25755616
>Holding Bitcoin is basically retarded right?

Yes. If you don't understand what it is.

>> No.25760512

>>25755616
Where do you think the 600k came from?
>Btc went from 20k to 3k last time and it took a long long time and it took 3 years to be at ATH
Three years is a super short time to do this.
Anyways you should not buy bitcoin because you can't handle the volatility.

>> No.25760924

>>25755616
This guy is a normie, im disgusted

>> No.25761106
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25761106

>>25755616
I basically just buy and sell on gut feelings at this point


weirdly enough its lead to gains. 1 day itll fuck up, but that day is not today