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/biz/ - Business & Finance

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49791851 No.49791851 [Reply] [Original]

Just bought BTC today for the first time ever in crypto after watching on the sidelines for years. What am I in for?

>> No.49791936

You just made a move which is smarter than about 75% of /biz/. Not joking.

>> No.49791946

>>49791851
Aaaaaaand it's gone.

>> No.49791966

How does minimum wage sound?

>> No.49791985

pain

>> No.49792008

>>49791851
Pic is greatest douchebag character in cinematic history.

>> No.49792030

It's going down to 1000. Good luck.

>> No.49792035
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49792035

>>49791851
Disappointment

>> No.49792135

>>49791851
Real answer? A lot of anxiety and pain in the short term. This bear market will continue for a while, maybe until the end of the year. Bitcoin will continue to go down, I'm thinking somwhere between $12k and $7k will be the bottom.

In the long term? You'll profit. There will be another bullrun after this, and the bullruns always go higher than the previous one, so it could go to $80 or $90k.

>> No.49792188

>>49791851
Your time may have been better than most but this is a violent downturn so far.

>> No.49792266

>>49791936
>You just made a move which is smarter than about 75% of /biz/. Not joking.

not that that's saying much

>> No.49792320

>>49792135
>>49792188
Thanks. I am unsure of where the bottom is but I've watched it long enough to know that the bull runs are ridiculous.

>> No.49792366

>>49791851
pretty much the same. Gonna get 1 ETH at the end of this month if its still around 1k, hopefully less. Do people here at biz really invest more than they are willing to lose?

>> No.49792382

>>49792266
lmao there are anons selling their boipussy behind the train station right now p

>> No.49792403

>>49791851
BOOBIE . . . . . BUDDY, I KNOW WHERE HIS WIFE IS

>> No.49792451

How retarded do you have to be to buy btc now

>> No.49792554

Always DCA in a bear market

>> No.49792574

im still on the sidelines. buying when it hits 4 digits

>> No.49792576
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49792576

>>49791851
suicide probably

>> No.49792805

>>49792451
>How retarded do you have to be to buy btc now

depends. if it actually goes to 100K someday, now is a very good time to buy. sure it might go lower, but not by too much. if, on the other hand, BTC never hits another ATH, it's very retarded.

>> No.49792825

>>49792554
What's DCA?

>> No.49792927

>>49791851
a loss of 18k per bitcoin

>> No.49792957

>>49791851
Big fat red dildos

>> No.49793106

>>49791851
Years of entertainment as we watch the imaginary numbers go up and down.

>> No.49793282

>>49792825
DCA as opposed to lump sum

>> No.49793966

>>49792825
select an amount of money you are willing to invest weekly or monthly and use it to buy the stock/crypto you want disregarding if the price is up or down, it is the best way to invest in projects you trust

>> No.49794373
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49794373

>>49791851

>> No.49794453

>>49791851
You just caught a falling knife. If you can sit it out for two years you will see 3x gains easily. In the next months however it will probably go down to 4K.

>> No.49794487

>>49791851
in 3 years you'll finally break even
congrats on this

>> No.49794583

leave it in BTC. maybe some eth. stay away from all other shitcoins

>> No.49795324
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49795324

>>49792030
Nope it's going to (gif related)

>> No.49795659

>>49791851
You paid twice as much as you could in the upcoming weeks.

>> No.49795846

>>49791851
why? btc has proven that it will not go up anymore and as long as most people believe that its going to go down for everyone else

>> No.49795926

>>49791851
You in for a ride of a lifetime anon.Even i aped into sylo which is a decentralized messenger service and its smart wallet.

>> No.49796074

>>49791851
Money is fake, it’s just a number that doesn’t mean anything. You’ll never have a lambo or waterfront in sf. You probably won’t be homeless either.
Just ignore this shit and focus on more interesting stuff than some largely irrelevant numbers. Touch grass, have sex, go on a hike. You know, live.

>> No.49796115

>>49795926
The best NFTs out there are the seekers and sylo is behind all the tech and innovation of this project.

>> No.49796169
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49796169

>>49791851
>Just bought BTC today for the first time ever in crypto after watching on the sidelines for years. What am I in for?
Perfect time to DCA. Save some fiat and buy at $15k, $10k, $5k, $1k etc. But at the same time make sure you have enough BTC now that youll be okay if this is the bottom. Its a juggling act. Ignore any FOMO and detach yourself from /biz/. ygmi.

>> No.49796198

>>49796074
I don't want a lambo I want a japanese lover, a couple of full bookshelfs and a harem of second-thirld world hebes

>> No.49796225

>>49791851
financial ruin

>> No.49796256

You are smarter than me. Congrats. My average is 32k

Yes I know I am dumb

>> No.49796340
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49796340

>>49791851
hope you have enough saved to buy again when this thing actually bottoms out to hedge ur losses

>> No.49796643

>>49792825
Dollar cost averaging

>> No.49796903

>>49795926
I've always believed in low mcap cos they have better ROI, and a project like SYLO with massive potential is all I need to prepare my financial freedom

>> No.49796985

>>49796903
A Smart wallet like Sylo is still ruling the hearts of crypto users as it requires no user account, e-mail, phone or KYC in general.

>> No.49797047

>>49791851
Better go away for a year, maybe set up an alarm for half the price you bought now in case you want more.