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/biz/ - Business & Finance

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29841652 No.29841652 [Reply] [Original]

>Dont invest more than what you can afford to lose!!!

>> No.29841695

>>29841652
I wouldnt call this soijack id just call it sensible.

>> No.29841714
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29841714

>>29841652
>vanguard etfs

>> No.29841743
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29841743

>I wouldnt call this soijack id just call it sensible.

>> No.29841771

>>29841695
being sensible is basedish behavior. all chads are reckless, that's what makes the staceys go nuts for em

>> No.29841803

>throws in life savings with 10x leverage

>> No.29841819

>>29841652
Yeah fuck that, all in or nothing baby

>> No.29841863

>>29841652
>>29841714
fuck, i unironically believe in both of these

>> No.29841871
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29841871

>>29841652
i am not a financial advisor

>> No.29842119

>>29841652
Literally did not do this. I put every dime I had on GRT when it was at. 8. Im a fucking retard but it worked out ave im determined to make it. Poorfag, every dime was about 4.3k. If i lost it i wouldn't have been able to pay my mortgage.

>> No.29842151
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29842151

>>29841871
>no financial advice BUT, I think you should buy X coin

>> No.29842208

>>29841652
I dunno, I’m a pussy and crypto is volatile. I can’t argue myself to put anything more than my absolute disposable income into it. I’ve made some good gains but after experiencing one or two rugpulls, I get the notion that crypto is like throwing your money into a industrial oven after a shady loan shark promised to give you more or the same amount in a few weeks.

You don’t know if he’s really trustworthy because he’s a swarthy Italian that’s mildly overweight with massive amounts of chest hair protruding from his collared T-shirt dripping olive oil. For some reason though you trust him because his cousin Vinny sold you a pit bull puppy for less than 50$ off of fifth street and what was I talking about again?

>> No.29842222

>>29841652
i wish i could be the chad retard "yeah nah we're going all in cunt" but i'm too midwit and want to keep my emergency fund

>> No.29842234

>>29841652
I can't afford to lose anything, which is why i am trying to get money in the fucking first place beyond uni and freelancing.

>> No.29842360

>>29841871
This ones my favorite. It's basically carte blanche to give shitty advice and not take any responsibility for it.

>> No.29842411

>>29842222
>>29842234
Am i a retard chad for throwing literally all my money at GRT. Aswell as borrowed money.

>> No.29842429
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29842429

>>29841652
>he can't make it unless who he throws his entire net worth into crypto

>> No.29842431

>>29841652
It's good advice. If you invest more than you can lose you'll never be able to sleep at night and you're more likely to make impulsive trades

>> No.29842483
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29842483

>>29841652
>Yes, I'm a degenerate gambler who puts all his money into shitcoins, how could you tell

>> No.29842529

>>29842208
Have this gold good sir!

>> No.29842588

Yeah I said fuck it out of pure greed and threw my $8K savings in to crypto 2 months ago and now have a portfolio sitting at $29K.

>> No.29842626

>>29842411
I pulled out at 2.6 took out half of my initial and spread out over a couple of shitcoins that are all up. Feel like a chad. I'm just realizing I am the retarded chad but at least I will make it.

>> No.29842639

>>29841871
>the. squeeze. has. not. been. squoze.

>> No.29842658

>>29841863
First one is not a meme, don't invest more than you're willing to lose. It's insane how people have their entire net worth in non-cash-generating assets like stocks.

I DID LIKE 10 CAPTCHAS TO POST THIS WTF

>> No.29842703

dudes sup. what is the annual rofit from bonuses sent by the trust? at least approximate

>> No.29842732

pussy midwits getting iffy huh

>> No.29842832

>>29841771
Chad's actions seem reckless to those who don't know what they're looking at. He wasn't afraid to fail, and so he did. From that failure came experience and greater skill until the npc could no longer understand his actions.

>> No.29842846

>>29842119
Typical poor fag in America

>> No.29842952

>>29841652
why poorfags remain poor, because only the rich can afford to lose shit. fuck this bs.

>> No.29843178
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29843178

>>29841652
I borrowed 10k from the bank to buy shitcoins in April 2020 after the big crash, and I wanted to borrow even more but the kikes wouldn't let me, cuz of some stupid rules that say that they can't give me more money than my salary for 12 months, kek

Now I'm a mid six figures NEET that watches anime and plays games all day, after frying my dopamine receptors during the defi summer and thus being unable to sell cuz I don't have those emotions that trigger selling anymore

>> No.29843497

>>29842846
Yep but im up 30k

>> No.29843732

>>29842832
Being a loser is a state of mind, and accepting loss means you’re a loser. You can come to terms with a loss and you can understand you lost, but never take loss as something you should accept. That’s how you lose more. As anon said, Chad is Chad because he went recklessly into situations and got burned for them, but instead of moving on from those mistakes he kept going at it, learning all the while.

>> No.29843892

>>29843178
Probably fake story but what did you buy?

>> No.29844068

>>29843892
Bought some XIO when it was crabbing under one cent, and a few other shitcoins and largecaps that didn't do much. XIO made those big 30x-50x pumps in may and august and that's what helped me reach six figures, besides that I never made more than a 5-10x on a coin

>> No.29844540

being risk averse is low t

>> No.29845102

>>29843732
>>29844540
Willingness to take risk /=/ recklessness. High t people with high IQ are willing to take risk, brainlets with high t are reckleess.

There's a difference between throwing all your savings into the roulette hoping for the best vs risking a lot in a gamble with rational reasoning behind it. The latter is nothing but a daredevil who may achieve short-term gains but ultimately gets burned.

>> No.29845153

>>29845102
the former*

>> No.29845161

>>29841652
While i did not invest more than i can afford to lose i DID invest more than i am comfortable with and its kinds of uncomfy. Its dollar cost averaging for me from now on.

>> No.29846272

>>29845102
>There's a difference between throwing all your savings into the roulette hoping for the best vs risking a lot in a gamble with rational reasoning behind it.
Based.
That's exactly how I justify my shitcoin plays, I mean sure they're risky, but I try to identify patterns in what the team does, how they build things, what the coins potential could be, social media hype and lots of other things you can use to your advantage in order to gain the edge

>> No.29846306

LOOL

>Gas is rising
>Try to be alive
>lose all

Go GSX, don’t waste your money
Lol, I hold GSX

>> No.29846390

I am all in, dumping every single spare buck I have, eating ze bugs and saving from electricity and shit. I am either making it or killing myself, LET'S GOOOOOOOOOO

>> No.29846711

>>29846390
That's the spirit anon
Imagine spending only a few months in less than ideal conditions, compared to a lifetime of endless soulbreaking wagecuckery

>> No.29846722

>>29842588
fuck yeah

>> No.29846771

>>29846711
As fucked as it is you aren’t wrong

>> No.29847039

>>29843732
>You can come to terms with a loss and you can understand you lost, but never take loss as something you should accept.
If you act this way, how do you deal with a loss that JUST happened with emotional maturity and not throw a tantrum like a little bitch?

>> No.29847192

>>29846771
and even if he doesn't make it this time, he will eventually make it using the experience gained right now

I didn't make it in the 2017 bullmarket cuz I was a daytrading newfag, but I learned a lot and I made some money so I could neet around for a year or so until I went back to the wagecage, and then I started once again to save money and invest every single month, and also did >>29843178 and now I'm close to making it

>> No.29847230

>1 post by this id
>selfie of op
All fields jannies do as your told or pay will be docked.

>> No.29847606

>>29847039
Hope for the best, plan for the worst.
As soon as it leaves your hands it no longer exists.

>> No.29847694

You will lose everything you don't invest. Don't follow rules meant to enslave the masses

>> No.29847762
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29847762

>>29841652
>buy low, sell high!

>> No.29847901

>>29841652
>do not say buy the dip, you are not a financial advisor!!
>do not buy bitcoin, it is a scam ponzi and going to $0, this is financial advise.

>> No.29848019

>>29841652
Joke's on you. I can afford to lose it all

>> No.29848138

Good thing I can afford to lose everything

>> No.29848190

>>29842222
Very nice quads

>> No.29848424

>>29847606
>Well, my parents died on a car accident, I'll pretend they never existed that should work
That's not how human psychology works, that's just a ticking time bomb or sociopathic/psychopathic behavior.

>> No.29849069

>>29842208
which ones? aren't rugpulls easy to spot?

>> No.29849187

>>29848424
If it works it's cool. Having the ability to make it automatically makes you different from the normies, and that can be seen as a bad thing when it's actually a superior trait that allows you to be a winner at this game called life, kek

>> No.29849220

>>29841652
Good thing I’ve adopted the mentality of either I make it or I kill myself. Win/win

>> No.29849293

>>29841652
I’m all in on XML YOLO

>> No.29849423

>>29849187
holy shit, what an irrefutably based outlook. It's as if life was a ladder, and though you started lower, you've climbed higher which does in fact make you superior to a normie in that regard.

>> No.29849547

>>29841714
Literally try to fud this. You can't.

>> No.29849871

>>29849423
Exactly. My family was poor and as a kid I couldn't afford shit, and I always used second hand clothes and never went on vacations or ate at restaurants or other stuff that mid-class people do, but cuz I used the internet to learn all sorts of shit I eventually evolved from flipping chink ebay products to some small weed dealing, to some low tier IT jobs (web design) and eventually to flipping shitcoins and actually being able to live from it. Meanwhile my old highschool colleagues are now living boring normie lives, most of them working on minimum wage cuz they relied too much on what they learned in school/college (I didn't even go to college, kek). Life favours the ones who are bold, take risks and use their brain to learn by themselves how to game the system and profit from it

>> No.29850117

>>29841652
I invested more than I could afford to lose and I lost it all just now. Fuck my life.

>> No.29850199

>>29841652
>>29842483
So which is it? I'm getting mixed signals here.

>> No.29850430
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29850430

They are gonna unironically NGMI.
I started last year by putting everything I had then 50% of each paycheck into shitcoins.
$7k poorfag into a $70k respectable adult.

Did I do it wrong? Lmao.

>> No.29850545

>>29847762
agreed, i much prefer buy hhig, sell low

>> No.29850763
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29850763

>>29841652
I can tell you don’t know how to trade bc you think this is some leddit shit advice that someone only gives because theyre some söyböy who wants to protect your mental well being.

The reason you don’t trade with money you can’t afford to lose is to improve at trading. Trading with money you can afford to lose allows you to trade without emotion. If you don’t need the money you can learn to trade without fear. Which is essential to accomplishing anything in the market

I guarantee you this is why you don’t make consistent gains anon

>> No.29851971

>>29850763
That applies to trading anon. I only trade with a smaller bag while I have over 90% of my networth in various shitcoins, midcaps or lowcaps, kek

I can afford to lose my trading bag, but I can't afford to lose my multiple investments. That's the perfect mix of what you said and going all in like a degenerate, kek

>> No.29852070
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29852070

>> No.29852629

>>29847039
>how do you deal with a loss that JUST happened with emotional maturity and not throw a tantrum like a little bitch?

>He doesn't think raging against a loss is a "tantrum."
Back in the day, tearing your clothes and ripping out your hair in agony at disaster was the height of expressing how much you valued what was lost. Grief is a natural product of loss, and if you don't have the ability to grieve (whether due to societal pressure or your own personal hangups) then you're just going to get the byproduct of unresolved grief - bitterness. A flash of passionate rage over a loss is always going to be healthier than months or years of resentment.

>> No.29852763

he’s not wrong, but you should be willing to lose everything.

>> No.29853022

>>29851971
Based.

The important thing is not putting yourself in a situation where you will make decisions out of fear

>> No.29853574

>>29841652
I agree with that. I have 10% of all my money into crypto.
I could lose all my crypto investment that my life wouldn't change at all.

>> No.29853664

>>29844540
>being risk averse is low t
This is medically correct, but why would I take risks when I do not need to take risks?

I do not _need_ money, so why would I take a risk?