/biz/ - Business & Finance

[Anonymous No.29960388]

Alright, I'm absolutely sick of this absolute clown market. This is just fucking stupid at this point. I bought at 54K with 20K USD. It wasn't the top, got a few % gains and then it crashed to 45K and even dipped further. Yes, I paniced and SOLD at 44.7K, losing more than 15% because I saw the graphs of 2017 and the 50% crash. And now that motherfucker is back up at 47K?

I'm just going to take the loss as a valuable lesson and NEVER buy this RIGGED shit again. EVER. This isn't for me. I'll just buy ETFs and VANGUARD. Might not have exponential gains, but at least I'm not getting fucking TRICKED. Bye. Good luck with your manipulated market.

[Anonymous No.29960480]

>>29960388
Bye, HFSP

[Anonymous No.29960508]

>>29960388
Buy and hold BTC long term you giga faggot.
People attempting to swing this shit deserve what they get.

[Anonymous No.29960526]

>>29960388
Good, you deserve it for buying hoping to make a quick buck. You're not an investor, you're a gambler. Get fucked.

[Anonymous No.29960551]

Just hold it. I really don’t understand what people like you expected. Have you not even done the most basic research into the volatility of btc

[Anonymous No.29960570]

>>29960526
>he thinks he's "investing" when he buys useless internet coins
Oh nononononono hahahahahaha

[Anonymous No.29960654]

>>29960388
>I made a stupid newfag mistake
>How could this be happening to me? The market is rigged. It couldn't possibly be my own fault. I'm a victim.
Don't let the door hit you on the way out

[Anonymous No.29960686]

>>29960388
The whole point of crypto is that it's VOLATILE AS FUCK. That means it can rapidly go up or down in an unpredictable manner.
Why would you panic sell at USD 44.7k? Did you think that Bitcoin was randomly over just like that, without any cause?
You gotta have some faith in the crypto you put your money in. If you don't have faith that it will some day be worth more than it is regardless of what happens in the meantime, don't put money in it.

t. been trading for 3 days

[Anonymous No.29961147]

>>29960388
>because I saw the graphs of 2017 and the 50% crash.
are you dumb? That crash was on march was only because of the corona virus. It was a random ass black swan event. What happened here was miners selling heavy

[Anonymous No.29961189]

>>29960570
I've multiplied my money, nocoiner.

[Anonymous No.29961204]

>>29960388
anon...

top kek you fucking stupid shit. #1 rule is not to sell. you looked at 2018 and saw a fucking crash? I would have seen 2.5x in 3 years which is impossible with your bullshit ETF's and Vanguard.

just go buy some $rope you stupid fuck.

[Anonymous No.29961214]

>>29960388
>paniced
sage

[Anonymous No.29961229]

>>29961147
*that crash last march

[Anonymous No.29961305]

>>29960388

This game isn't for smoothbrains that failed the marshmallow test, sorry.

[Anonymous No.29961366]

>>29961147
>2017
wait, I'm retarded.
Anyways, even then, pic related

Touches red first so even IF you wanted to go by 2017 charts, we've clearly not even mimicked 2017's touch of the red zone

[Anonymous No.29961419]

>>29961147

Smoothbrain take. Corona viruses are flu viruses. The banks are out of money. Governments around the world know the game is up, so they colluded to blow the annual flu out of proportion so they could stay in power while getting dumb people to accept totalitarian government interference in daily life.

Look at them introduce a digital euro, yen, dollar soon.

[Anonymous No.29961462]

>buys the local top
>complains when it corrects

Yes, ask me how I know that you're stupid.

[Anonymous No.29961594]

>>29960388

Keep trying, you'll make it one day. I just sold 20k of my BTC stack at 54k almost at the top of an exponential curve that was clearly overvalued in the short term thanks to institutational investors pumping bags along with a fake crypto called tether making their own pump. I should have jumped ship at 51k but I got greedy and almost convinced myself we were going to 100k, and luckily I wasn't punished and forced to sell at 49k on the way down.

I bought back in at 44.7k for the same amount of BTC I cashed out and pocketed 3k... that should cover my living expenses for another 6 months at the expense of some greedy little wagie faggot somewhere on this planet who thought he was going to pick the olives out of my subway rather than remake it after I told him no olives, even though we both know I asked for olives and changed my mind. He better do so with a smile on his face otherwise he will find out I didn't ask for ranch either and I'll come back every day until he either get's it right or quits.

None of this matters to me though as I forever HODL 90% of my stack.

[Anonymous No.29961603]

>>29961419
Stupid. You are a fool if you don't think the pandemic was what caused the dump last march. You are probably new, but I actually still remember that day as if it was yesterday. All of crypto and stocks crashed due to the lockdowns. I don't give a shit about your conspiracy one way or another because it literally has nothing to do with what I said

[Anonymous No.29962278]

>>29960388
see u at 100k retard

[Anonymous No.29962315]

>diversify portfolio
>not even once

[Anonymous No.29962520]

>>29960388
If you saw the graph of 2017 why would you sell? Worst comes to worst you'd just have to wait 3 years to be in the green again

[Anonymous No.29962695]

>>29960388
Stopped reading after you said you panic sold
sorry you're an emotional faggot, that's a you problem, either fortify your balls and strap in for more gains or get the fuck out

[Anonymous No.29962765]

>>29960480
Based

[Anonymous No.29963026]

>>29960388
So to summarize, you got into crypto trading knowing fuckall about crypto and trading, lost money, and then you come crying here?
>RIGGED
lmao

[Anonymous No.29963116]

>>29960388
> ill just buy ETF's in an ETF bubble

You have no idea what you're doing. This isn't a stupid mans game, you are the kind of person we make money on. Save your money and stay out.

[Anonymous No.29963639]

>>29960570
Cringey nocoiner faggot. You're the kind of retard who doesn't get use coins.

[Anonymous No.29963705]

>>29960388
The entirety of the crypto industry is little a temporary money printer - a tool for transition and a buffer for inflation, it'll end in a rugpull once the powers that be have integrated their systems into every aspect of daily life.
If you are smart and not just NPCs LARPing as autists, or worse even redditors, you'll print as much money as you can with this industry and move the profits into real valueables; real estate, precious metals, food supplies, medicine, weapons, whatever.
This entire industry hinges on a circular logic, fairy tales and wishful thinking. It derives its 'value' from the infinite supplies of FIAT money which are being funneled into it 24/7, if it wasn't for this scam - if all this useless FIAT currency wasn't pulled out of circulation and locked in these 'projects', staking protocols or lost along the way in pajeet rugpulls and glitches - the social and financial tensions would have already reached a boiling point.
People are being lured in by promises of effortless accumulation of wealth and 'decentralization' (in terms of governance, tech is irrelevant, as the vast, vast majority of victims are technically illiterate)...

I am sure the people sitting on real wealth accumulated over generations (read: centuries) will just sit back and let autists and NPCs LARPing as such usurp their thrones; they won't co-opt it or lobby it out of existence - likely because they are the ones engineering it. Meanwhile, you go on and preach the good word about crypto, ignore its dependance on hardware filled to the brim with backdoors and centralized infrastructure owned by your sworn enemies.
Hold onto your digital 'assets' for all of eternity, don't mind the CDBCs, I am sure they'll honor your investment and not just kill the projects they are interested in with controversy and legislation to shake you out and assimilate them behind the scenes.

Propaganda, idealism and tribalism are drugs, don't OD on them.

[Anonymous No.29963863]

>>29963639
>found out about my uni airdrop last week
>3 wallets with it for claim over 30k worth
>withdraw immediately and yolo on boomer stock OTC
>it goes up 1000% and no rugpull

thanks for free 300k unitards

[Anonymous No.29963892]

That's it the coin has stalled, where does it go from here?

[Anonymous No.29963947]

>>29960388

Nice OP. Buy high sell low. See you at a million

Buy some $rope when you get there

[Anonymous No.29963987]

Man, you own 3000 USD, it would be nice for you to pour everything into one coin, and not be sprayed on minor things

> listen to this shillers on / biz / and buy fuckcoin
> lose everything in a moment

And this is way to make a trully PROFIT:
> buy GSX and hold
x10 is available ASAPP. EZ!

[Anonymous No.29964064]

>>29961603
Combination of the two.
It's not really a conspiracy. The lockdowns caused a sell off. Money printer went brrrrr, and the government consolidated power and found a way to control the masses.

[Anonymous No.29964072]

>>29960388
A true /biz/nessman

[Anonymous No.29964100]

>>29960388
Can you please give us rest of your money before you leave?

[Anonymous No.29964180]

>>29960388
Why the fuck would you buy at ATH for short term gains you absolute mongoloid

[Anonymous No.29964240]

>>29960570
Hey I buy steroids with those useless coins

[Anonymous No.29964268]

>>29960388
>fucking
don't worry, this is a dead cat bounce

[Anonymous No.29964407]

>>29963705
Based.
The reason bitcoin is so high is because it is the chosen one of the old money -- it's a traceable honeypot that only rose in value after 5 eyes figured out how to track it and governments bought into it driving up the price to lure in normies. There is no real basis for bitcoin's extreme valuation when compared to newer crypto projects other than as a controllable opposition. The counter culture future economy will be built on privacy coins, guns, and real estate

[Anonymous No.29964532]

>>29960388
>losing more than 15% because I saw the graphs of 2017 and the 50% crash.
so what? why actually were you in this space in the first place if you think BTC falling 50% would be somehow a problem? I mean do you not believe in the future of cryptocurrency? no? then why the fuck are you investing in it in the first place you absolute retard

it's very easy to not sell at a loss if deep inside you are calm and sure about the future of crypto. if the price drops, just wait it out.

[Anonymous No.29964645]

>Buying ath

Do I even need to say anything dipshit?

[Anonymous No.29964661]

Crybaby perma-victim bullshit

[Anonymous No.29964743]

>>29960388
We told you not to sell. There is only hodl with BTC now.

[Anonymous No.29966104]

>>29960388
3/10 bait.

[Anonymous No.29966226]

>>29964407
>There is no real basis for bitcoin's extreme valuation when compared to newer crypto projects
not true. More people buying means more scarcity, means higher price, means more people buying and so on.

[Anonymous No.29966377]

>>29960388
Buying high into something you have absolutely 0 trust in and selling low when that trust fails at the first correction, I pray to kek daily hoping retards like you don't breed

[Anonymous No.29966417]

>>29960388
>buy
>don't sell
its not rocket science

[Anonymous No.29966437]

>>29961419

[Anonymous No.29966844]

>>29966226
More people are buying, because more people receive worthless FIAT currency, hence the 'value' of it increases steadily. The rest of this scam industry fulfilling its purpose as buffer for inflation is the only reason you don't see it for what it is, what do you think happens if trillions in FIAT currency that have been funneled into this market get liquidated? You shouldn't bother with crypto if you don't even understand the old FIAT system (that is still in control of absolutely everything).
Whoever lured you in with this scarcity bullshit really pulled a number on you, holy shit. Have you heard of fractional ownership? It doesn't matter how few BTC may or may not be in circulation, it's a digital 'asset', it can be divided indefinitely.

[Anonymous No.29967002]

>>29960388
>make retard moves
>blaim others
ngmi
also never going to be loved by anyone

[Anonymous No.29967068]

Ngmi

[Anonymous No.29967131]

>>29960388
>buys your coins
No hard feelings kid

[Anonymous No.29967258]

>>29961594
>knocks wagies
>3k covers 6 months living expenses in mommy’s basement
lmfao relax wolf of fag street

[Anonymous No.29968406]

>>29966844
Adddendum:
None of you idealistic retards could fathom the level of Weimar we'd be in if crypto had not conveniently emerged and had not been backed by ominous actors.
It's, again, a buffer for inflation. The trillons of worthless FIAT currency, tell me, where would they be today?
Crypto is FIAT 2.0, FIAT rebranded, many million retards who are in it for a quick buck happily participate in the redistribution of wealth from their pockets into the pockets of a select few (some of which are equally autistic, but most of which are the same actors keeping the FIAT pipedream alive).
You'd be sitting on stacks and stacks of worthless FIAT currency, buying loafs of bread for millions. Hell, have you lot ever bothered to have a look at the supplies of FIAT currency?
The COVID non-sense is a narrative crafted to lend credibility to the digital currencies, whilst brankrupting small buisnesses around the globe and giving the various state and corporate actors enough time to finalize their own systems.

[Anonymous No.29968657]

>>29960388
Just call the exchange support line and tell them you made a mistake and to refund your losses. It's that easy