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/biz/ - Business & Finance

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4330093 No.4330093 [Reply] [Original]

I'm in over my head and could use some solid advice:

I dropped $500 in bitcoin back during the Jamie Dimon related dip (at around 4k), and then I sold for $900 and felt really happy. Then several days ago BTC dips to $7200 and the uncertainty of the S2X fork made me think I should get in before 8K. So I dropped $1,000 like an idiot at 7200.

What do I do now to recover? I can't move the funds into anything because Coinbase has them pending. I'm ready for episode 2 of "always do what /biz/ says".

>> No.4330110

>>4330093

hodl, bitcoin is correcting. stop stressing over nothing. just chill

>> No.4330134

Rule number 1 :"never put more than you can afford to lose"
But it will eventually get back to +7000 but it will take time.

>> No.4330139

Get out of crypto until you can handle dips. That's my honest suggestion.

>> No.4330164

>>4330093
THEN JUST WAIT YOU FUCKING IDIOT IT'S THAT SIMPLE

>> No.4330283

>>4330139
solid advice, it takes a stomach for it.

>> No.4330311

>>4330164
>>4330134
>>4330110
Thanks.

I can afford to lose everything I invested, it's just a huge setback in life ofcourse. Holding for the long run is my only option at this point.