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/biz/ - Business & Finance


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56515892 No.56515892 [Reply] [Original]

I got into crypto in 2020 and went into the 2021 bullrun with 10k invested in crypto and made like 150k-200k without knowing wtf I was doing.

In 2023 I have about 50k, shit is going to be dope bros. I know everyone is going to larp and x10 their own investments but I'll ask anyway, how are your portfolios looking going into 2024?

>> No.56515917

I got into crypto in 2021 and lost 5k by putting it all in LUNC.

>> No.56515922
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56515922

>>56515892
>be here since 2019
>current worth: 4k
My ass hurts

>> No.56515940

>>56515892
Broke about to be homeless. Good luck op

>> No.56515991

This is a really sobering amount of responses here, wtf happened?

>>56515922
Just selling too early or what?

>> No.56516000

>>56515991
A lot of things. Had a lot. Lost a lot at the very tail end of it during the november 2021 crash
From almost retired to dead

>> No.56516002

>>56515892
This is a scam post

These kind of gains are extremely rare

Very uncommon

its like hitting the lottery

the chances of investing $10k and getting $200k is like winning a 20x for free

DO NOT THINK that you can do this

matter of fact is 99% of people in crypto lose money

Sure you can try but remember


ONLY INVEST WHAT YOU CAN AFFORD TO LOSE


if you have $10k to throw at crypto (which I wouldnt recommand) be sure to diversify

>> No.56516006

>>56515892
i have 10k link, lots of sdl, some other stuff

>> No.56516010

>>56516002
posts like this are why we were so lucky with link
this time around there is nothing small cap that is obvious like link was

>> No.56516018

>>56516010
ummm... KAVA??

>> No.56516030

>>56516002
Shut the fuck up, newfag. Even I had those gains.
Yes those gains are possible during bull markets

>> No.56516034

>>56516030
>
>I hit the lucky jackpot so you could too!

>> No.56516040

>>56516034
You're new. Simple as. My biggest mistake was just being a fucking retard. Had I just bought and held, I'd still be in 6 figs even now.

>> No.56516045

I invested 8k and made it to 140k. Watched it all plummet to 25k. Now its 50k and Im pretty comfy with 1 BTC and 1000 LINK

Thanks /biz/

>> No.56516049

>>56516040
>Had I just

>Picked the right winner
>Bought at the bottom
>Sold at the top

>I would have made alot of money!

Wow genius, i guess im just taking a dice and throwing 6 about 3 times in a row then!

>> No.56516053

>>56516049
>picked the right winner
I did, retard. I just didn't take profits and was also chopping myself up day trading for years

>> No.56516055

>>56516053
Thanks for proving my point

>> No.56516057

>>56516049
Also if you look at the fucking charts, you'd see even fucking eth did a 100x. Had you picked even the most normie alt and just held, you'd be in 6 figs at the peak from a measly 1k

>> No.56516065

>>56516055
You're an idiot that doesn't actually understand how volatile crypto is. I just got greedy, but I saw the gains in real time from ALL the shit I bought

>> No.56516066

>>56516057
>>56516065

>Doesn't know what possible and probable means

>Ignores the fact 90% of people actually lose money

hey how about you take a gun with room for 10 rounds, you put in 9 rounds, then spin it, then aim at your head and pull the trigger

its entirely possible to win!

>> No.56516071

>>56516066
>90% lose
Yes, retard. During the BEAR most lose. During the bull you can easily make those gains. Fuck, you're new as shit

>> No.56516077

>>56516066
Also most lose because they do stupid shit like what I did. Just buying and holding alone would have had you in 6 figs from the lows

>> No.56516080

>>56516071
>>56516077

>Just do everything right bro

do you even hear yourself cryptobro?

>> No.56516082

>>56516080
Literally just buy and hold, you retarded fuck. That's the lesson here. Then take profits along the way. I know I can make sick gains again, but people like you aren't made for this shit. I learned from my mistakes

>> No.56516085

>>56516082
>Just buy and hold
>95% of crypto projects if not 99% by now fail
>Have to buy it when its significantly low
>Have to sell it when its significantly high
>he thinks its very easy to do this perfectly

you have no idea about basic statistics you moron

>> No.56516087

>>56516085
You have a retard midwit mentality. NEVER buy assets. You aren't built for it

>> No.56516101

>>56516087
>Nooo you are a midwit if you arent a cryptobro like me

>Bro it's so easy!!!

>BUY THIS, EASY 20x!

>Wow bro this crypto project is bullish, 10x or 50x next bullrun!

retard

>> No.56516124

>>56516101
Again, you aren't built for this. Do yourself a favor and never buy an asset. Also during bull markets, over 90% of wallets are in profit. During the peak everyone is basically making money. It's when it's time to cash out where people start to lose, you absolute retarded dumbass third worlder shitstain

>> No.56516127

>>56516002
Nah that’s just a skill issue on your end. How can you lose crypto when you get the knowledge of micro caps and DEX’s ? Even by shooting on 10 projects you can be sure that two or three of them will randomly x10 in a bullrun. Or invest with communities that use their collective forces like those on dog shitcoin or pepetrades whatever. It’s just about speed anon

>> No.56516128

>>56516124
>ignores facts and statistics
>You arent made for this!!

lol

>> No.56516133

>>56516128
I'm not ignoring statistics. You are, you stupid dumb bitch. If you look at stats on profitability, you'd see how profitable people are during the peaks. 90% don't lose when the markets are at peak euphoria. It's when the selling actual starts to occur. You are such a fucking moron

>> No.56516138

>>56516128
90% of traders and investors lose money because 90% of people are genuinely fucking retarded. If you're not at least 125 IQ, you're NGMI.

>> No.56516140
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56516140

>just time the market perfectly bro while also pick the right winners

>> No.56516142

>>56516140
>I'm gonna be average forever
Again, just don't fucking buy anything. Found your solution, retard

>> No.56516157

Not giving any more (You's)

I at least have realistic expectations about chance, statistics, risk management etc.

Fact of the matter is that cryptobros with "its just so easy" mindset are the actual retards that are ngmi.

You dont even understand that you need to do those 3 things perfectly in order to make gains like that.

Chances are, actual statistics, actual facts, that is a higher probability that you fuck it up and lose money in the end.

But it's just so easy bro!

>Just pick the right project
>Just time the bottom perfectly
>Just time the top perfectly

It's just so easy because my favorite youtuber said that "We are all gonna make it!"

>> No.56516171

>>56516157
This nigger just googled face value shit and doesn't even understand WHY people become unprofitable. This dumb bitch has never experienced a bull market

>> No.56516176

Make sure you use leverage too!

>> No.56516189

>>56516176
Obviously not, you dumb bitch. Just making strawmans at this point

>> No.56516205
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56516205

>>56515892
I have a pumped up PF actually, especially with more low caps alts like Rio, Nxra, Vra and Vpp.

>> No.56516207

>>56516189
ok cryptobro

just buy and hodl diamond hands wagmi!!

>> No.56516217

>>56515892
Got in in 2020 and had 250k peak bull

Now I have triple my stacks

>> No.56516221

>>56516217
Dude i got in in 2021 and bought $100 worth of shiba

rotated it into other dog coins and now have $500k!

I'm gonna have $10million next bullrun because I am buying Bitcoin and Ethereum!

It's so super easy everyone can do it and there is no risk involved!

>> No.56516274

My portfolio is made of nothing but ethereum and shitcoins and it can go to 0 at any second. That being said I 2xed 1000 on spurdo yesterday. Caught the pico bottom. Also longed pepe the other day when they burnt all those tokens.

>> No.56516287

>>56516221
Nigger. Even eth, the most popular alt at the time, was at 40 dollars. Btc was at 3-6k. Fucking idiot. Again, most get fucked doing stupid shit like what I did which chops them

>> No.56516346

>>56516287
>line always goes up forever

based retard

>> No.56516399

>>56516346
This nigger actually thinks btc will go back down to 6k and eth back to 49
L
M
A
O

>> No.56516433

>>56516399
btc to 3k, eth to 200

>> No.56516525

>>56516346
Not sure why you are so ass blasted my dude

>> No.56516860

>>56516066
Noguns retard lmao

>> No.56516908

>>56516176
Definitely not using leverage at the moment, i would rather just invest in altcoins like NXRA, VRA and INJ.

>> No.56517121

>>56515892
I got $50k in KDA by itself
and that should make me a full million easily
not to mention my LINKs, and other shit coins that I am hodling,
NO BTC btw...

>> No.56517372
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56517372

Came here for GME, actually bought the local low and sold the DCB as babbys first trade. Then played too cautious with crypto, buying 5k in bluechips that only went 2x on average from there. After the summer lows that I didnt buy (ofc), I got impatient and got cleaned by the shitcoin casino lmao. And I had SO much fun learning what not to do.
>current portfolio
Every time I get paid I throw a dart at a list I printed of rank 500-5000 shitcoins to pick the ticker, then draw a card and multply its face value by 100 and thats the allocation. I do this while my mind is GONE from the liquor and coke to avoid any subjective bias & I wont have a clue what I'm holding til 4/2/24 at the earliest. I'm feeling pretty good about this.

>> No.56517424
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56517424

>>56515892
>been here since 2014 when anons were schizo posting about random scam chains
>read about ETH before ICO
>was here during the craziness of summer 2017
>heard about link pre-ICO
>was here for december 2017 normiebull madness
>was here for DeFi summer
>was here for normiebull two: the electric boogaloo (2020-2022)
>net worth $1k
>money lost on crypto: $15k

>> No.56518129
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56518129

>>56515892
My portfolio is already filled up with XRA and QANX. 2024 is my millionaire year. Kek

>> No.56518146

>>56515892
The folio is looking good, the DCA strategy is paying off and lowcaps are cool asf. RAIL and ATOR are my moonshot picks.

>> No.56518176

>>56518129
Every based portfolio has to have a touch of NXRA or any other notable RWA gem.

>> No.56518341

>>56518129
CYMI is dope and it is a must-have for the coming bull run.

>> No.56518980

>>56516433
Jeet, bag Qanx like me and stop fudding

>> No.56518994

>>56518176
RWA needs a touch of oracles. LINK and SUPRA will look good on that list.

>> No.56518999

>>56516221
All you have to do is buy and hold. It’s literally a case of time in the market beats market timing. I bought eth at less than 500, link at $2, and XRP at 0.20. Turned a 12K investment into 240k and now it’s back at 70k. Looking at taking profits this cycle but not unloading everything. Crypto bull markets are retarded, you can make crazy money just by putting in your positions early and not buying during the hype like a dumb normie. Just be counter cyclical, it’s that easy.

>> No.56519016

>>56515892
2017 stumble on biz, start with around 20-30k, rollercoaster of a ride, currently at 1.4mill, most of it in link, just waiting for it to cross $100.

>> No.56519112

>>56517424
A lot of people time the market wrong but still think they're rich because their portfolio was supposedly worth hundreds of thousands at one point, even if it's worth nothing now.

>> No.56519220

>>56518994
RWA then RIO, LEOX, and SPOOL will do the job

>> No.56519531

>>56516287
>bro just be psychic and predict this particular alt will pump in the future
Do you retards check the stupid nonsense you type before clicking post? Buying anything other than BTC is GAMBLE, it has no other fucking name, there is no second best, there is no "solid" projects, its all fucking speculation and bags dangling from a thread to be dumped on you qhen the business is no longer profitable you utter chimps

>> No.56520036

>>56519531
Didn't read past the first sentence. You're a fucking idiot.
And no tucking shit everything has risk the lower you go, but the upside is also greater.

>> No.56520665

>>56516049
You're the retard here. He picked the right project, but, like many others such as myself in the past, he tried to trade and ended up missing out. Just buy and hold because that's how you really win. That's the actionable lesson here, not roll dice dumbass.

>> No.56520687

>>56516080
This guy is just baiting. Mystery solved

>> No.56520701

>>56515991
/biz/ is being pessimistic, you know what that means ;)

>> No.56520702

Every dollar of profit is a dollar of loss for someone else. How do you ensure that you are the winner?

>> No.56520859

>>56515892
I have 100k.
I started in May 2017 with 2k.
It's been a wild ride, I'm not too cocky however because I feel like A LOT of people are in the 5-6 figure range this time so I would be surprised if everyone becomes a millionaire.
My take is that this bullrun will see consolidation around the biggest most succesful projects, a bit like the internet bubble resulted in a handful of companies representing 80% of the tech mkcap.

>> No.56520942

>>56515892
RAIL
INJ
ARB
MATIC
FGC is my latest capture, the staking, NFTs, real life use-cases, and community rewards are exciting.

>> No.56520964

>>56519220
I've gotten RIO and SPOOL in the bag, now I'm looking forward to OGBX relaunch. Gaming tokens have always been making bags heavy before every bullrun.

>> No.56521039

>>56516002
What the fuck is this post?
Every retard can make a 20x in crypto, even with buy and hold.
There is literally no evidence that 99% of people lose money. It's just something losers repeat so they don't feel bad for being losers. So far it was almost impossible to lose money if you held for a longer period of time.

>> No.56521100

>>56518146
Oh yeah anon, reason why I've got an eye on LUNAM, it's poised to revolutionize early-stage token launches with its Engage to Earn model, where normies are rewarded for their participation, not just their capital.

>> No.56521199

>>56518129
Won't be surprised to see FAT flip ahead of most top alts soon after the maintenance. This is a community-Owned Web3 Casino on Ethereum and staking to share profit is made easy.

>> No.56522335

>>56520859
hows eth gona do
i have a 69 eth and nothing else
i dont care about swing i just want to have a 2-3x over next few years
will it happen or no

>> No.56522720

>>56517372
Extremely based