[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 736 KB, 926x1696, 1647042051253.jpg [View same] [iqdb] [saucenao] [google]
49537252 No.49537252 [Reply] [Original]

I'll start: the moment a sector is hyping something up that you don't exactly understand, it's time to reevaluate your positions.

As an example, I was deep in profit when the NFT shit was blooming. And I didn't get it. So instead I tried to understand it. I certainly didn't get burned too bad but in retrospect I should have sold at least half of my position. Again, it's obvious in retrospect but I was totally drunk on gains. Dog coins were similar. I didn't get it. Could have sold for a lot of profit but didn't.

>> No.49538073

If this time feels different, then it's not different and its time to sell

>> No.49538296

Have two piles
>one to hold 90% - 80%
>one to trade 10% - 20%

Have enough that you don't fomo your trading bag.
Don't chase every wave.
Pick your battles and wait for cherry moments.
No financial decisions when you're tired.
Inaction can lead to ruin just as much as action can, but don't give up your well-researched bags as quickly either.

>> No.49538313

>>49537252
everytime you attribute your happiness to something external you end up with more pain than satisfaction

>> No.49538497

Everyone is a faggot except for me

>> No.49538565

>>49537252
If it's good enough to screenshot it's worth taking profit.

>> No.49538889
File: 585 KB, 1023x795, 1654361611814.png [View same] [iqdb] [saucenao] [google]
49538889

>>49537252

>> No.49540479

>>49538889
PANE?

>> No.49541437

>>49537252
use a stop loss on stablecoins

>> No.49541529

Health is wealth and the better you feel the more productive you can be, so my advice strangely relates to business and overall life success.
Do parasite cleanses regularly. We all have parasites and they leach your energy and cause all sorts of health problems. Food grade turpentine and following a good protocol like the Daniels turpentine protocol will make you feel like a kid again. And no Daniels isn't a product so I'm not shilling any brand.
Just do a cleanse for a few weeks and see how good you feel

>> No.49541562

>>49538565
God I always say this and read it but never learn
>T. 230k March 20th, 180k April 5th, 150k April 15th