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/biz/ - Business & Finance

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54045670 No.54045670 [Reply] [Original]

>BIZ literally bought a $1 STABLECOIN and sold it for 80 cents
How do you even fuck this up?

>> No.54045680

imagine buying some WEF goy token

>> No.54045700

>>54045670
I panicked

>> No.54045708

>>54045670
What, you thought "buy high, sell low" didn't apply to stablecoins? /biz/ always finds a way.

>> No.54045734

>>54045700
you couldnt wait for monday? why did you have to sell at the bottom of the dip?

>>54045708
i thought stablecoins were supposed to prevent this kind of thing. i severely underestimated the buy high sell low mentality

>> No.54045814

>>54045734
Because I panicked. I could see the world unravelling in front of my eyes.

>> No.54045859
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54045859

>>54045814
You only see what your eyes want to see

>> No.54045894
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54045894

>>54045670
I bought it for $0.75 cents and sold it for $0.91 cents. Got too scared at the end it was going to pull a UST.

>> No.54045965

>>54045894
well you see that one is fine. you took profits. who cares if you didnt sell the absolute top or buy the absolute bottom? it doesnt matter you have a profit to show for the trade. imo its never wrong to take profits if you feel like the reward outweighs the risk

>> No.54045980

>>54045894
women look way better with shorter hair bros

>> No.54045998

>>54045814
should have bought DAI

>> No.54046026

>>54045670
That’s a gross oversimplification anon

>> No.54046063
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54046063

>>54045670
you're doing god's work spamming this board with that, anon.

>> No.54046091

>>54045670
if you were here for luna you would understand you nigger

>> No.54046106
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54046106

i panicked, took 7% hit

>> No.54046120

>>54045670
bc it depegged, you ass

>> No.54046128

>>54045894
Someone should turn her into procedurally generated nfts

>> No.54046247

>>54046091
>>54046120
i was here for Luna, even when it depegged initially it didnt just plummet on day1. that shit took a week at least

>> No.54046272

>>54045670
this board is amazing dude

>> No.54046656

>>54045965
Thanks anon. Yeah, im still learning how to take profits. Its funny though in crypto that even if you get a win you can still feel like youve lost.

>> No.54046697

>>54046656
it's a god damn redeemable stable coin ffs. there is no reason why it should trade below $1.

>> No.54046803

First of all, I didn't "buy" a stablecoin, I deposited my money. Second, yes, I sold at $0.85 because I don't want to hold and wait until it goes lower. Don't want to risk losing all my money, but I'm sure you can't understand that.

>> No.54047136

>>54046803
>I am smarter than you because I lost 15% of my portfolio for no reason
hahahaha

>> No.54047673

>>54045670
Nobody actually did this everyone is trolling. Use your brain for once. Please, we need more critical thinking here.