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/biz/ - Business & Finance


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29452686 No.29452686 [Reply] [Original]

time in the market > timing the market

don’t fall for the panic sell memes

Don’t feel bad about family or friends mocking you, I’ve been mocked by my parents when Bitcoin was $200 and crashed down to $50 and I thought everything was over and I had fucked up, and the only thing I fucked up at the time was selling off a large chunk of my Bitcoin thinking it was over

In time all of these reds will heal into greens you can’t even imagine possible, do not make the mistake of selling

Your sell should always been from a position of strength when you’re truly ready to sell, and actually, even then I wouldn’t suggest you sell, i would advise you continue to accumulate until Bitcoin and to borrow money against it instead of selling it

>> No.29452995

>>29452686
You bought BTC at 50 k?


HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.29453581

>>29452995
$30
$150
$200
$500
$1300
$3000
$5000
$10000
$15000
$20000
$30000
$40000
$45000


I’ve bought at all of those prices

Obviously the bulk of what I own was much earlier on

>> No.29453688

>>29452995
Kys

>> No.29453763
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29453763

>>29453581
Incoming call. Says it's urgent

>> No.29453813

>>29452995
>being this new

>> No.29454061
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29454061

>>29453581
Why do you keep buying? I'm still bullish on ETH even at these prices but I quit buying at like $250 and just began riding the train. Seems like unnecessary risk to fuck up the average being greedy.

>> No.29454160
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29454160

I feel insane. I am holding, if by any chance this current bullrun is over, I know there will be a next one and it will cause new heights in a few years. I am young, and I can afford diamond hands. Bare and grin. This was an actual crash. I think tax returns and stimulus will put the bull back on if nothing else.

>> No.29454208

>>29454160
same desu. I think this is a correction, but it could be the end of the run. I'm holding either way.

>> No.29454256

>>29454061
Because I believe in the future of Bitcoin as a 7 figure stable coin after having extreme fud about it for many years. I actually expect this to occur in the late 2020s now, my original prediction was that it would take until the late 2030s for that, until covid happened.

>> No.29454304

>>29452686
BTC isn't "the market", it's speculating on a currency that is in itself speculative. Don't invest anything in crypto that you're not ok losing 100% of.

>> No.29454405

i only have 1 btc, just holding honestly, maybe will buy more after the situation stabilizes, it might be a long crabbing

>> No.29454421

>>29454256
Yes, and now I hear that something crazy like 40%(I also heard 50%) of all USD ever made was created in the past 12 months.

>> No.29454464
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29454464

Based maxi.
We could be in a 2013-2014 double pump situation.
Would line up with the super cycle predictions.

>> No.29454548
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29454548

>>29454256
you are my favorite poster on /biz/
https://soundcloud.com/yeethewarlock/sacred-economics-ep-1-macro-101