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/biz/ - Business & Finance


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50872779 No.50872779 [Reply] [Original]

100.00% of you reading this post would have been better off today if you had just sold, hell, even if you swing-traded, you'd be better off

Holding is dumb, youre literally taking pic relateds advice by being a DCAing hodler

>> No.50872850

>>50872779
Selling is always the proper and moral play. The blockchain/stock market is a purely parasitic invention and from the moment one participates in it they can only lose. They lose their money, their honor, their soul everything. It leeches the life force of everything inoccent and beautiful and turns it into money and pollution. That is the function of capitalism to consume everything. Capitalism cant create stuff only destroy, consume and enslave. I hate financiers so fucking much i hate this disgusting putrid world so much and watching God Himself smite down your cancerous world via climate change and disease is pure lifefuel. God Himself rejects you parasites

>> No.50872870
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50872870

>>50872850
keep seething faggot

>> No.50872924

>>50872779
dca is for accumulating during a bear
during a bull you should dca out and slowly sell your portfolio
what retards think is you buy for the sake of buying all cycle round and hold forever

>> No.50872991

>>50872850
>i'm a retard

>> No.50873043

>>50872779
Say that to those people who held BTC from $6 until the last top. I bought BTC in those prices, but sold way too early.

>> No.50873079

>>50872779
My buddy who constantly has told me to sell whenever I made a tiny profit literally has sub 10k to his name whereas I held long enough to cash out 300k profit I’ve just put down on a house and I still hold a 200k stack in the game. His entire defence is that if I had perfectly sold at the top (ie long after he initially told me to sell) I would be a millionaire and that somehow makes his broke ass correct.

He also goes on about market cycles, chart meanings, and crypto use case. Whereas I exclusively invested in memecoins and don’t know what a blockchain is.

>> No.50873085
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50873085

>>50872779
so if you bought bitcoin at 2000 dollars, and now have 24 000 dollars thats bad? Jesus fuck how poor do you have to be to consider a 1100% gain not enough?

>> No.50873119

>>50873043
>people who bought BTC at $6

What? a few thousand people?

>> No.50873175
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50873175

Investing in cryptocurrency in general is stupid unless you already have a big income coming in every month.
The reason cryptocurrency is the main thing here is that most people here are neets that don't want to work.

Smart people build their skills & income first, then go freelance or do business, THEN invest the money they're getting.
But there is no discussion about that here because all there is here is neets trying to get rich by investing their meager welfare checks or whatever crumbs they can get from their parents.

Whenever the impossible happens, and one of these sad individuals earns millions from crypto, the result is always the same: they end up depressed and suicidal because they know they haven't earned it and know that they could lose the money and they wouldn't know how to get it back because it was 100% luck, and they know it.

If you want to learn how to make money, don't hang around losers. Hang around people who KNOW how to make money.
Anyone posting here giving their shit opinions would be laughed off if they opened their mouth in real life to talk about money & success.
Anonymity allows them to share an opinion on things they shouldn't.

Again: Your Network Is Your Net Worth. Go somewhere else if you want to be successful.

>why are you here then?
Haven't been here for months. Came to check whether this place is still shit. It is. Bye.

>> No.50873179

>>50872779
Actually not true, swingtrading is risky as hell and WILL fuck you up

>> No.50873202
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50873202

>>50872779
sold half my eth stack for btc at 0.05 because i thought eth would bleed against btc
its up 50%
i should have hodl my eth
please, stfu anon
thank you

>> No.50873909
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50873909

>implying anyone can consistently time the market

>> No.50874069

>>50872779
I don't know about swing trading. I swung trade from 10k to 30k and I ended up losing 10k dollars. Never made any money from crypto because of it.

>> No.50874138

>>50874069
You took $10,000 to $30,000 then lost $10,000, so you have $20,000, so you doubled your money.

Most people here had a 3-5X and now are in the red because they never sold.

>> No.50874720

95% of traders lose, even making a thread like this shows OP is a complete clueless faggot who cant trade or hold and is only here because he's got some sort of mental problem

>> No.50875072

>>50873175
go network your buddies dicks

>> No.50875555
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50875555

This won't age well, at least with api3
Let's revisit this in jan 2023, shall we, champ?

>> No.50875601

>>50872924
I dont want to pay taxes though