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/biz/ - Business & Finance

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51089265 No.51089265 [Reply] [Original]

What was your biggest mistake with shitcoins?

>> No.51089303

Don't be shy

>> No.51089361

>>51089265
Buying ICP, the biggest and most complex shitcoin of them all

>> No.51089380

Not selling

>> No.51089386

>>51089265
buying them in the firstplace was a bad idea, if i jjust dollar cost averaged into eth/btc i would be way richer. T.in market since 2017

>> No.51089436

>>51089265
buying injective ticker INJ. havent checked in couple of months but prob sub 10c by now. luckily i learnt from previous fuck ups and only put 500bucks in it. lot of people yoloed

>> No.51089438

>>51089380
This, also buying one of the arbitrium shitcoins

>> No.51089479

>>51089265
m1thr1l was my worst bsc shitcoin mistake. fucking atrociously bad decision.

>> No.51089492

>>51089479
Same, I sold way too early

>> No.51089504
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51089504

I bought Chainlink

>> No.51089545

My biggest mistake has been not putting enough capital in.. I've only picked winners.

I fucking timed the bottom of Luna classic when it nuked down and scored an easy 80x.. instead of putting 1k in I put $100 in..

I've found a new project which only has a 180k mc lol and I am not fucking up this time.. I'm also not going all in because that's fucking retarded but I'm looking at a 70-100x within the year.. fucking bliss. Not a shill either because I'm not saying what it is. Some things need to grow organically.

>> No.51089560

>>51089265
Omisego.
It wasn’t the money.
It was the time And energy I wasted on it.

>> No.51089574

>>51089265
buying them and not buying them

>> No.51089628

not selling. its my biggest strength and my biggest weakness. i am both fearless and greedy.

>> No.51089652

BSC shitcoins, burned 100k that way, worst offender being UltraSafe.
My greatest play was Harmony, made me 300k, cashed out big portion of it to buy the apartment I live in now, in hindsight a good decision since Harmony imploded due to literal phising attempt draining the Bridge, that blockchain is dead now.

>> No.51089658
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51089658

Hey fudders. What’s this pattern called? Did we break it?

>> No.51089670

>>51089658
Wrong thread but fuck it.

>> No.51089677

>>51089265
Non, I buy them knowing I'm gambling my money. Is like Las Vegas at home

>> No.51089735
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51089735

>>51089658
Zoom out, it has stayed at this level for a month or so. Wait till end of this month/ middle of next and hopefully we’ll start breaking the pattern and become parabolic

>> No.51090222

Getting greedy trying to double my money with BSC shitcoins, mistiming, and losing everything.

>> No.51090261

Bought bingus token

>> No.51090325

>>51089560
kek omisego. the skateboard :D ah good times.

>> No.51090363

ICP for sure, I had to jump out of that ship around 40-36$. I couldn't bear the dumping and I'm not willing to take a big loss. Imagine if I stayed in and that shit crashed to 4-5$, I would be seething so hard right now

>> No.51091595

Parking my money in the top 5 (BTC,LTC,ETH,DOGE,XMR) and quitting would have been the best.

I no longer believe it’s possible to trade and get rich from crypto. My simulations show that there were no easy trends after 2014 or so. In addition, day to day price changes are non-predictable. No system you come up with will predict tomorrows price or any farther into the future. It’s not possible. That means trading and the fees will tank you. So I recommend buying coins quitting. Never sell etc. Behind the scenes all the shit is rigged or random. The way they have margin trading computed is so you lose. Once you lose a certain percentage, say 20% you will not be able to climb out of the hole. There really is no point to the gambling idea…where you start playing random coins then selling them down, or taking small profits. It doesn’t beat buy and “never sell”.

It’s not just rigged at the exchange…it mathematically makes no sense to just start day trading.

The wallstreet bets thing is cancer that should be shut down at Reddit. I hope those fucks neck themself, especially actual Reddit employees that admin the site. Gambling/investing isn’t just wrong it’s retarded, and there needs to be an intervention. People forgot the Wallstreet protest stuff happens for a reason. But Zoomers are chasing the bullshit and making them rich.

Fuck Reddit, fuck the “bankers”, fuck Wallstreet investors, and fuck Cramer.

>> No.51091700

Back when BTC was around $40,000 and LINK was about $40, I converted (roughly) one whole BTC to 1,000 LINK.

>> No.51092760

>>51089265
Buying 800,009 doge back in 2014 or 15 and selling 3 months before the run

>> No.51092862

Buying most of it in early November and not selling around late November.

>> No.51093670

>>51089380
this

>> No.51094015

>>51089265
Buying Iconomi.

>> No.51094758
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51094758

I always sold too early because I'd misread price action.
Any play I make now is for 3-7 years in advance with decisions based of speculation on what the you know whos would do.

>> No.51094790

>>51089265
Selling shiba before it did 9999999x

>> No.51095086

Sold mitheil early, sold harryosama early, sold PASTA early, sold grimace early, sold mercury rising early. Each of these coins, if I had just held on to my single digit dollar investment for a couple days, would have returned me over 1k. Now I can't even make 100 in the bsc .

>> No.51097707

>>51089265
ICP

>> No.51097718

>>51089265
chainlink

>> No.51097800

>>51094758
>>51095086
Based early seller CHADS

>sold SHIB early
>sold BTC before the 2017 bull run
>held Harrybama all the way back down
>did 100x on PASTA and held all the way back down because too busy laughing at everyone in tg seething at Laith

Now I'm just acoomulating memecoins and not looking back until everything pumps.

>> No.51098022

>>51089265
Marrying my bags. Greed is a bitch and I wanted a $1 million, not $250k. Watched it drop to like $30k. Always sell on the way up. There will always be another opportunity.

>> No.51098940

>>51089265
>ctrl+f
>shib, 2 results
it's already been said.

>> No.51098961

>>51098022
>There will always be another opportunity.
best advice anon
sucks you lost your bags

>> No.51099187

>>51089479
I'm still left bagholding 550,000 (currently about $1800 worth). I'd put in about $60 on day 1 and gradually sold off half of my holdings for a total of about $60,000. I wish I'd sold everything, but I can't complain about the free money I already got

>> No.51099239

>>51092760
Fucking same dude, I traded 400k for .2 BTC, It keeps me up at night

>> No.51099260

>>51090261
does anyone have the bingus cap?

>> No.51099319

>>51089265
Starting out on Pay Pal.

>> No.51099337

>>51089265
Not selling quick enough.

>> No.51099353

>>51089265
i sold all my shib for a couple hundred dollars in august 2020, couldve been $14m if i held

>> No.51099471

i got memed into diamondhanding a 4x chink coin in 2017, and lost 30k the next year on a chink rugpull that opened ico at 60 dollars or something

yeah I'm a brainlet

>> No.51099479

>>51089265
I didn't sell for $2m, now worth $5k

>> No.51099492

>>51089265
Grumpycat. Lost about $4000

>> No.51099589

>>51089265
Selling LINK at like $1 after I got a 4x on it, or selling at like $5 during the covid collapse after I bought it for under $2.

>> No.51099599

>>51089265
Not taking profits

>> No.51099611
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51099611

that I actually bought into them. you only make money off of shitcoins through sheer luck and thats it
it all depends on when you cash out but eventually all shitcoins crash and rug

i ended up selling and bought pic related

>> No.51099634
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51099634

Thinking PoS was anything reputable. Only PoW coins from now on.

>> No.51099642

>>51089265
Goho

>> No.51099688

>>51089265
I sold my entire stack of LINK for HBAR when it first came out because I held it since 2017 and it wasn't fucking moving. HBAR scammed me because they made claims of being in a partnership with Google so I fomo'd hard. Then I realized it was some Google employee who was sponsored to be in the board for HBAR to give them credibility, and they just use Google cloud for their server (absolute fucking kek, centralized as all fuck since Google cna just shut off the lights on their asses). The proceeding months are when LINK moonshot from $1 to $25 and I was there with my shitty HBAR bags. I would have broken six figure hell with that LINK if I held during that run.

I've recovered since and broke. out of six figure hell through NFT flipping but I could have saved myself a lot of time. HBAR sucks ass.

>> No.51099729

>>51094790
Rip

>> No.51099999

>>51089265
how does one procure women to do these things?

>> No.51100027
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51100027

>>51099999
wasted

> Why are Christians Beta Males?
https://files.catbox.moe/re8je8.webm

>> No.51101620

FUN

fuck that piece of shit coin

>> No.51101690
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51101690

>>51089265
Found out they made a board game using this for some reason.

>> No.51101720

>>51089265
STATERA and D0B0

>> No.51101761

>>51099634
What the fucking is she typing?

>> No.51103316

hmm

>> No.51103661

>>51089380
the opposite of this, if I had waited to sell my deo bags for a few more weeks, I would have already bought a house to stop seeing my sociopathic landlord every week (he lives on the same floor)

>> No.51103693
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51103693

I bought the conference

>> No.51104649

hmm

>> No.51104801

>>51089265
I envy QANX a lot, how I wish LUNA was this secured I'd be swimming in millions.

>> No.51104873

>>51099634
>>51099634
So if PoR consensus mechanism that combines the best part of the PoW and PoS to reach consensus in a sustainable and democratic manner could be used by a quantum resistant blockchain, wtf are hyping PoS? Bitch.

>> No.51104897

>>51089265
Not taking out my investment when LUNA crash started. I was warned but my retarded greed didn't allow me

>> No.51104907

>>51099319
PayPal is shit anon, I've got thousands stocked there.

>> No.51104920

>>51101761
Hey fool, Proof of Stake resolves the setbacks evident in the case of Proof-of-Work, take a look at Ethereum.

>> No.51104983

>>51104801
Idiot trying to compare LUNA with QANX after getting ass kicked. With its consensus in a sustainable and democratic manner metaverse can function in a decentralized manner without posing threats to the environment.

>> No.51105002

>>51099611
No shitcoin worth's investing on. Always at risk, if it's not crashing it's dropping and who wants to get poor like Indians.

>> No.51105139

>>51104983
Deploying a private blockchain for a goddamn 5 minutes can get dick hard

>> No.51105168

>>51099187
You're fucking rich anon

>> No.51105185

>>51089574
Gay

>> No.51105206

>>51104920
No one knows the fucking trouble that's coming with ETH merge but for now predicting transaction fees while paying very low fee is all can make life sweet.

>> No.51105337

>>51089265
Only lazy idiots buy shitcoins