[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 89 KB, 660x574, c27-3926521871.png [View same] [iqdb] [saucenao] [google]
59004446 No.59004446 [Reply] [Original]

Which is worse? The regret that comes from losing money on a trade or the regret from not buying when you could have and missing out?

>> No.59004455

>>59004446
The biggest regret is selling a bag too early. Being in the right trade, but taking profit too early, then watching it rip 1000x. I have fumbled multiple million dollar bags. The worst is when you go into a coin or trade with a plan, then deviate from it, only to find that if you’d have stuck to your original plan it would have retired you.

>> No.59004459

>>59004446
Whatever it is the first one needs to be avoided while the second one doesnt matter

>> No.59004465

>>59004459
How does it not matter?

>> No.59004469

>>59004465
Why does it matter? Your portfolio does not change. Ngmi if you let yourself impact from it

>> No.59004482

>>59004469
What I mean is it worse to do something and it doesn't turn out how you had hoped or do nothing and wish you had done something?

>> No.59004501

The first one destroys accounts while the second one doesn’t. Retard. Anybody who says the first one is going to blow their account up. “Nobody ever went broke taking profits”. Imagine thinking you are going to get not only the direction of every trade correct, but get the top tick AND make it out alive. Over and over again. Obviously the perspective of somebody with a 5 digit account who takes way too much risk

>> No.59004529

>>59004501
The second one can destroy everything as you sit on your hands and watch it all go by. The psychology of the person who trades and risks losing vs the person that consoles himself by not making bad decisions but still losing by not acting is what interests me. It's just a curiosity about how risk is understood.

>> No.59004614

>>59004482
Since you lose money on the one option thats worse.

>> No.59004659
File: 266 KB, 657x1261, plebbit abstract.jpg [View same] [iqdb] [saucenao] [google]
59004659

>>59004446
regret if i didnt go in plebbit, one of the few grassroots VC projects in years.
im khhcv, i have no hobbies, skills, few friends, im low iq and im all in plebbit (a p2p public forum with no HTTPS endpoints or SSL so its actually decentralized and scalable).
i will either make it if and when plebbit moons from 3m mcap to 1b or i will end up homeless, poor loser subhuman.
this post will be screen capped and reposted in 2 years.

>> No.59004690

>>59004529

The second one doesn’t “destroy” anything if you actually know how to trade, retard. Sure if you’re a retard who is literally gambling on monkey coins and are treating it like a lotto ticket, you missed your chance. For anybody who does it for a living it literally doesn’t matter if BTC is 6k or 600k, there’s always an opportunity in either direction.

>> No.59004696

>>59004446
eventually it comes down to how much time you spent for how much you made.
if you spend 7 hours a day posting frogs and make zero I guess that's regrettable.
If you lose money because you listened to a retarded frog posters then that's even more regrettable.

>> No.59004717

>>59004446
>The regret that comes from losing money on a trade
This one because here
>regret from not buying when you could have and missing out
you still have your money.

>> No.59004719

>>59004690
You're right about money to be made in either direction. There's money to be made in monkey coins too if you're not too delusional about your skill level.

>> No.59004730

>>59004717
True but as time goes by, if you haven't made anything, aren't you just as "poor" as if you had taken more chances?

>> No.59004776

>>59004446
missing out is by far the worst

>> No.59004778

>>59004776
this

>> No.59005683

>>59004730
??? Don't you treat eth or btc as Stablecoin? Ngmi if not

>> No.59005685

>>59004776
Yes, I've missed out on maybe $200k from not buying or selling too early

>> No.59005687

>>59005683
Kek. There's nothing stable about assets that are only backed by irrational exuberance.

>> No.59005689

>>59004776
>>59004778
But that's exactly the mindset that keeps you poor
>damn I could have won the lottery if I just made the right choice
>I missed out I did nothing ah
>not anymore from now on I will play the lottery every week
>I might lose money but at least I'm not missing out
Poor people logic

>> No.59005692

>>59005687
But you should hold them, not stables. At least for the next months still. Then you play conservatively and only risk if you think you likely win

>> No.59005696

>>59005692
Decent strategy.