/biz/ - Business & Finance

[Anonymous No.57758834]

Seriously, how do you handle volatility? What's your mindset?

[Anonymous No.57758861]

>>57758834
just dont look at it

[Anonymous No.57758872]

>>57758861
that's how I ended up bagholding through the entire bear market last cycle...

[Anonymous No.57758879]

>>57758834
Understand that volatility is temporary

[Anonymous No.57758892]

>>57758834
volatility mean money. I also ride bitcoin for 4 x times now. I would rather be worried if bitcoin stabilize after the bull run it could mean that the times of crazy gains are gone and we would be happy with if btc x2 after.

[Anonymous No.57758895]

>>57758834
I don't care simple as.
It's all fake and gay you can make 30k in a day from $5 and lose it just as fast
Remember to sell when you can

[Anonymous No.57758896]

>>57758834
Make trade, go on ketamine binge, unable to move to computer to stupidly sell.
It's that easy

[Anonymous No.57758897]

>>57758861
>>57758872
That seems like a kind of self-deception. But if it works...

[Anonymous No.57758906]

>>57758834
You only lose money when you sell.
I'm trying to keep this in mind and force myself to only sell green

[Anonymous No.57758919]

>>57758834
Handle?
I'm having fun, the past 2 years have been so fucking boring, this reminds me of old crypto times

[Anonymous No.57758951]

>>57758861
this
opening your portfolio every 30 secs will obviously not put you in a positive, rational frame of mind
just be patient. when the time comes you'll know when to sell.

[Anonymous No.57758977]

>>57758834
sell only a little instead of selling everything

[Anonymous No.57758988]

>>57758951
Also only trade when drunk and drinking heavily so when you buy you are prob going to be blacked out within 10 mins so you won't be constantly buying and selling

[Anonymous No.57758999]

>>57758834
>>57758919
This is the right answer, stop being nervous and realise we're in a massive casino, fortunes are made and lost everyday and everyone is high on the prospect of making it big.
It's my only concern that when I make it these cycles just won't feel the same.

[Anonymous No.57759000]

It's not at the price target I want for selling yet, so I don't care.

[Anonymous No.57759030]

>>57758861
daily reminder that you can baghold for 13 years to break even

[Anonymous No.57759964]

>>57759030
Kek

[Anonymous No.57760317]

Everything is literally just chemicals in your brain bro

[Anonymous No.57760356]

>>57758834
>Seriously, how do you handle volatility? What's your mindset?
Mindset is very simple, it's like this:
>bought 1 btc in 2012
>wrote recovery keys on a piece of paper
>never installed wallet again, never interacted with exchanges after initial withdrawal, never looked at the charts or touched crypto for the next 10 years
very comfy.

[Anonymous No.57760380]

>>57758834

Risk management.

[Anonymous No.57760519]

picture the stock market as a woman and imagine it's findom

[Anonymous No.57760564]

>>57758834
I don't put everything into highly volatile assets. The volatile part of my portfolio is volatile, that's no cause for concern, that's by my design.

[Anonymous No.57760698]

>>57758872
that means you're ready to make big gains this time

[Anonymous No.57760754]

>>57758834
simple, don't invest money into unstable assets that you are unwilling to lose.

[Anonymous No.57760821]

just be a full schizo maxi, the dips then are just opportunities to get cheaper sats

[Anonymous No.57760828]

>>57760754
lmao @ poor people

[Anonymous No.57760891]

>>57758834
I don’t care about the number until it’s seven figures. Then sell, put it in boomer shit and start again.
I had weeks where I lost 6 figs in gains while earning 1600€ a month net working my fucking ass off. I am completely numb to these fairy numbers, they are not real until they are 7 figs.
>t. In six figure hell for years, hopefully for the last cycle

[Anonymous No.57760987]

>>57758834
You've never been to the bottom, none of you have. Not 1 person here can say they've had scabies, or slept with bedbugs. It's all gain when you've had nothing before.

Another day and dollar (either earned or spent)

[Anonymous No.57761187]

Just close your eyes nigga hahaha how tf is cyber volatility even real

[Anonymous No.57761211]

>>57760356
Woah, easy there big spender.

But yes, right mindset.

[Anonymous No.57761212]

>>57758834
You will learn, young grasshopper.

[Anonymous No.57761238]

>>57758834
I can handle volatility if it's an index fund, because I know it will eventually go back up. If anything it encourages me to dump more money into it because I will get it for cheaper.
I don't do individual stocks. I have a few shitcoins that I fully expect to lose everything on, but if one 5x I will make up all of the losses.

[Anonymous No.57761246]

>>57758834
Pumps = I'm richer
Dumps = I can buy more cheaper

[Anonymous No.57761285]

Literally don't even think about selling till October 2025. Then market sell everything.

You're welcome.

[Anonymous No.57761312]

>>57758834
Not being a fucking normie pussy

[Anonymous No.57761359]

>>57758834
Start LP'ing and volatility becomes your friend.

[Anonymous No.57761410]

>>57758834
I've already seen the number before it happened from modeling different outcomes.

[Anonymous No.57761440]

>>57758834
> how do you handle volatility
Experience. And diversification. All in 1 thing would make me nervous too, no matter how much I am certain of things.

[Anonymous No.57761471]

>>57758834

1. Get in low, so when it pumps you have much further to fall and more time to get out. I bought in at 20k when everyone was foretelling the end of bitcoin. It wasn't the end then, the last 4 times it dumped, and it won't be the end the next time it dumps either.

2. Never put in more than you can afford to lose. I had a spare 3k I could afford to lose, and felt like gambling. Now i'm up a solid chunk of money.

3. It's just money, and so long as you're not in your mid 70s, and can still work a job, there will be more of it, and losses aren't the biggest deal in the world.

4. Line goes up, line goes down, line goes up, line goes down, line goes up! etc etc etc

5. If you can't handle the heat, get out of the kitchen. Some people can't deal with crypto OR stocks. My brother and I bought bank stocks with some of our grandmas inheritance 20 years ago. During a bad market cycle he ragesold, and got out with a little over a hundred dollars just above his initial investment. I've held and never sold the stock, and made back 10 times my initial investment in dividends. The market always comes back, and if it doesn't then it's the end for us all and nothing matters anyway.

[Anonymous No.57761494]

>>57758834
Bitcoin is going to 1 million by 2030. Whatever happens between now and then is noise.

[Anonymous No.57761495]

>>57758872
You most likely wouldn't have been able to time the market. I sold a lot of my ETH near a local top and felt really good about it in the following months. But now it's trading at 4x what I sold for. Would have preferred bagholding throughout all the cycles. Now I just slowly DCA out of my remaining position (it's still very large for me).
>>57758834
1: Make sure you're not over-invested and genunely can afford to lose a large % of your investment
2: Don't pay too much attention to short term fluctuations

[Anonymous No.57761514]

Just stop caring. It is just that simple.

[Anonymous No.57761541]

>>57758834
I log into my brokerage once to buy something, then I never log back in to check. Simple as that.

[Anonymous No.57761630]

>>57758834
Hold shit you understand and believe in.

[Anonymous No.57761685]

>>57758834
hold untill it's high again you fucking pussy.
I've seen normies buy low, sit through a big gain, then let it pass and sell at a loss afterward because they got scared.
these same idiots said btc is going to 0.
i held.

[Anonymous No.57761714]

I will achieve all my goals without cashing out anything. Getting crypto rich will just be a bonus.

[Anonymous No.57761745]

>>57758834
Holding a diversified portfolio of BTC, alts and some stablecoins guarantees whatever happens you're making gains on one side or the other.

Obviously you're not making "gains" with stablecoins but as price of other stuff heads lower at least you have some dry powder on the side.

[Anonymous No.57761782]

>>57758834
I zoom out and cope >>57758872

[Anonymous No.57763349]

>>57758861
his. not the first time i sell low becouse i am scared it will fall more and then buy it back later becouse it didnt and now i was scared it moons without me having the coins.

[Anonymous No.57764726]

>>57758861
basically this
I did the math on last cycle and came to the conclusion that if I had just bought, held, and sold exactly the same way, without any of the trading in between, I would have made many multiples more with less effort, time and stress. Zoom out, check price less often.

[Anonymous No.57764743]

>>57758834
Ready to kill

[Anonymous No.57764831]

>>57758834
Do not use the currency of your country to measure your wealth. Use your favorite cryptocurrency as the unit of account (mine is ETH).

[Anonymous No.57764840]

>>57758834
"uhhhh crypto price go down, i buy"

"uhhhh crypto price go up, i buy"

[Anonymous No.57764882]

>>57758834
just stop being a pussy

[Anonymous No.57765616]

>>57758834
This >>57758906 Also if coins are going green you think of selling, if they are going red, you think of buying. This is not an absolutism, mind you, but as a general idea it works well.

[Anonymous No.57765977]

>>57758892
accurate. in my adult life I've been given 4 opportunities to /make it/ and there is still at least one cycle after this one remaining.

[Anonymous No.57766008]

>>57765977
what kind of r*tarded boomer takes financial advice from 4chan you think people on an anonymous image board are going to
>make it
they are all too busy sucking dicks for crypto to actually do anything useful all these opportunities and not a single one of them has resulted in any actual success or wealth its over bro you are nothing an absolute failure and no amount of
>cycles
are going to save you this is your life you will never
>make it
no matter how hard you try

[Anonymous No.57766294]

>>57758834
Volatility is what will make you rich. It is your friend. I handle it by having indicators on when to buy and sell. If it doesn't hit the indicator, no matter how wild the swing, I don't care.

Even with a 6K swing today, nothing hit, so I don't fucking care.

[Anonymous No.57766344]

>>57758834
you literally just have to buy low but its too late for that. i bought link at $5, so all of these dips feel like candy.

[Anonymous No.57766617]

>>57760987
Ive slept with bedbugs and had to beg jimmy johns for free bread that I had to toast in my oven because my bitch ex took the toaster when she left me.
I havent sold shit and my only regret is not buying more this winter

[Anonymous No.57767963]

>>57758834
Remember, volatility is transient. When you're investing for the future, focusing on narratives like DePIN, short-term fluctuations won't be a cause for concern

[Anonymous No.57768052]

>>57758834
when it goes up I'm happy. when it goes down I tell myself to buy more.

[Anonymous No.57768081]

>>57768052
lmao okay bro whatever you say you go right ahead and buy more that's the best way to lose money enjoy the volatility it can easily go to 0 and not come back you're a total retard for even having that mentality have fun bro

[Anonymous No.57768236]

>>57768052
It depend on what assets you're buying not just shitcoin. For assets like VRA, MATIC, and XRP which I manage using the Tap fintech app, which integrates traditional banking features into a user-friendly platform suitable for all i believe I'm on track

[Anonymous No.57768269]

>>57768081
You got no point schizo fag, crypto is ahead now. Make cool bucks when the anxiety is high. Check what's matters like DePIN and join the revolution. A research on IoTEX and Peaqnetwork will guide you

[Anonymous No.57768281]

>>57758834
I saw my net worth literally go to zero temporarily. You get used to it.

[Anonymous No.57768288]

1 BTC = 1 BTC

[Anonymous No.57768298]

>>57758834
Once you're used to it you don't really care. I'm up about $60k and I don't care because it isn't enough to retire

[Anonymous No.57768344]

>>57768298
Absolutely, volatility comes with the crypto territory. With the rise of AI in the space, I anticipate a parallel growth in IoT projects, given the ongoing demand for intelligent machines. I've been keeping an eye on Peaq and IoTEX for this reason. What are your thoughts?

[Anonymous No.57768362]

>>57758834
by hodling plebbit, having faith in esteban abaroa and shutting the monitor off until plebbit hits 1b.