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/biz/ - Business & Finance


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5893737 No.5893737 [Reply] [Original]

Have you been burned daytrading ?

For me the first two days were a disaster, but when hold does nothing, you must sell some of your shitcoins and gather some more. Nothing much, I don't always catch the absolute dip and sell at ATH, but I'm getting better at it.

I sometimes miss the rocket but won't FOMO into it

Share your stories biz, imma go grab the cocporn

>> No.5893806

>>5893737
Daytrading is for people with high IQ.
I can't handle it. I tried to daytrade for 6 months and I make more in 2 weeks of holding than I did in 6 months of daytrading. Daytrading is what almost everyone who loses money does.

>> No.5894064

I day trade and find it humorous that I get laughed at in every thread that I reveal this. In all honestly I probably swing trade more than these kids entire portfolio especially the REQ dunces on this board

To stay on topic I very rarely get burned and yes it does require a high IQ

>> No.5894209

just buy the dip, hold, when it hits 100% you sell part of it and jump in the next dip, this is working fine with me

>> No.5894308

>>5894064
How much return do you usually get daily?

>> No.5894365

I lost 1k day trading today

FUCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

I made 5 yesterday though

>> No.5894404

>>5894064
Prove it larp-pig

>> No.5894585

>>5893806

> Well I certainly don't think I'm in the 150s

But being at the computer all day felt like a missed opportunity. I can see the prices update live in browser tab for multiple coins. After busy season starts, I'll probably have to swing trade.

This is where I might seppuku after finding out the coin mooned 3x over my limit.

Maybe I didn't get burned hard enough yet, but as long as you have iron hands and always stick to the plan, I don't see how you can be fucked.

In this market, worse case scenario you get stuck with bags for days. Eventually everything fucking grows as more fiat flows into crypto so you will find someone to hold bags for you until they dip again.

Buy low, sell high, anticipate but don't chase pumps

>> No.5894686

>>5894064
>REQ dunces
lol I call the REQtards
>>5894404
his ID is green

>> No.5894690

>>5894365

You don't lose anything until you sell. It's not like stocks where drops can last for weeks, shit will eventually moon.

I'm trying to give something back to /biz/ since they shilled me some good coins for the 50% hold

>> No.5894805
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5894805

>>5893737
day trade make 10k off of TRX and XRP.
Would have made 100k had I just held

>> No.5894906
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5894906

R8 my formatting (Not the volume I'm using, just started a few days ago)