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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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7357425 No.7357425 [Reply] [Original]

>it’s back above 6k
Holy fuck that was scary

>> No.7357533

>>7357425
Just wait until the dead kitty bounces back down

>> No.7357719

As a nocoiner, I can't imagine investing in something this volatile. You can lose or gain hundreds or thousands in fucking seconds. Like, how do you not give yourself a heart attack with this shit?

>> No.7357811

>$4500 by 9AM EST

>> No.7357836

>>7357719
The stock market has been similar for the past few years desu. Even solid companies, that are increasing orders and have high ratings and expectations they exceed can lose 30% value in a day.

>> No.7357896
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7357896

>>7357719
You don't lose anything until you sell back into fiat

This is a very basic concept that I'm not surprised you don't understand

>> No.7357914

>>7357719
lol i put my play money in this shit
in the last 2 months ive put in $800 in crypto
I am currently at 1400 with bitcoin being down so low (have lots of trtl coin)

>> No.7357968

bitcoins final stand
somebody is trying to purposely kill it

>> No.7358000

>>7357719
I invested sub 1k and pulled out 15k with over 50k still in the market. I really don't care short term where it goes.

>> No.7358012

>>7357719
newfag here, it was fucking incredible earlier this month checking my blockfolio for something i'd dumped 700 bucks into and seeing 10K there. for a solid week i thought i was going to easily trade my way up to 500K by june.

>> No.7358040
File: 46 KB, 640x400, 1517339861130.png [View same] [iqdb] [saucenao] [google]
7358040

Just a little taste of what will happen tomorrow

>> No.7358063

>>7357896
That's a great way to justify bagholding.

>> No.7358090

>>7357533
this dead cat has been bouncing more than a god damn basketball in march...

>> No.7358093

>>7358012
What did you learn?

>> No.7358107

>>7357425
be ready to change your diapers little bitch. WE are going for 3k this weekend

>> No.7358150

>>7358063
What the fuck else do you expect to do during this bloodbath? If you sell and realize your losses then it's even worse because you can't get that back

At least I chose a handful of things I'm confident in early enough to keep holding through all this mess. I've gained most of my initial investments back weeks ago any way so I'm just along for the ride

>> No.7358152

>>7357896
>buy at $12k
>value drops to $6k
>I-i-it's okay, as long as I don't sell I didn't lose anything, r-right?

>> No.7358158

Tether lifeboats, get out while you still can.

>> No.7358201

>>7357896
are you actually brain damaged?

>> No.7358243

>>7358158
Don't them him, he doens't deserve one. There will be less lifeboats for us. I need a few dozen for myself and the kids you know.

>> No.7358247
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7358247

>>7358152
>Implying I bought fucking bitcoin at 12k

Projecting much? I only have a small amount of bitcoin from years ago, my big investments were into eth at 124 and mid 300s

I have my stop losses set, and my initial investment back into fiat.

>> No.7358265

>>7357425
Retarded post ever

So what if it went back up to 6.2k
The thing is it just hit the number 5

Been seeing these retarded threads making people lose money by giving them false hope

It’s over officially
Normies are exiting
You don’t benefit shit from holding
You can stop losses by selling that’s why people are selling

This shit is gonna be under 2k when feb ends

It will never go back up to 19k
In fact alts might even take over the shitcoin btc

>> No.7358291

>>7358150
>If you sell and realize your losses then it's even worse because you can't get that back
You sell now and then buy back in once you believe it has bottomed. That way you not only get to keep your crypto, but you get even more because you buy it for less.

>> No.7358299

>>7358107
I will have so much btc if we go to 3k

>> No.7358329
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7358329

>>7357719
some of us like the thrill. you need to take an almost suicidal approach to this shit to not let it get to you. still sucks to be down though

>> No.7358330

>>7358291
The issue is calling the bottom anon.

>> No.7358337
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7358337

>>7357968
>tulips' final stand
>somebody is trying to purposely kill it

Anon in 1637.

>> No.7358356

>>7358291
These retard holders don't understand that even if you believe in crypto long-term, it's still better to cash out in a crash and buy back later. idiots with their 'if you don't cash out you don't lose anything' memes

>> No.7358390

>>7358330

The bottom for every cryptocoin is the intrinsic value of the cryptocoin: $0.

>> No.7358404

>>7357836
wtf are you talking about

>> No.7358409

>>7358291
Wow bro, you must be a genius. I've totally never though of this or done it before.

>> No.7358483

>>7358265
When it gets to 2k I'm buying in, at the dip. Like a smart person

>> No.7358669
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7358669

>>7358291
Holy fuck you should write a book on finance

>> No.7358674

>>7358337
tulips had1 bull rally, lasting 3 months...
too tired to mention all the other much more serious flaws in the comparison

>> No.7358680

>>7357719
>how do you not give yourself a heart attack with this shit?

it doesn't feel like real money to me. I invested only $500 last year and got up to almost $30k. down to about 7k now.

>> No.7358752

>>7358674
rare tulips are still sold for high prices today

shitcoins wont be so lucky

>> No.7358874

>>7357425
New meme, who dis?

>> No.7358897

>>7358090
>>7357968
>>7358265
The question is should i close my current short and reopen up here at 6500?

>> No.7358939

>>7358874
He drank cyanide in court and died

>> No.7359453

>>7357719
It's just money. It's not like you lose a limb or something.

>> No.7359579

>>7357719
U dont understand the desperation of the poor

>> No.7359737
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7359737

>>7358483
Hahahahaha
Lmaooo if u think crypto market is gonna be the same after this

This is the final nail
Lots of countries banned it outright
Every normie knows about its crash and the normies that invested will never get back in because of how much they lost

Everyone will always call it a ponzi from now on
This shit lost reputation

Besides if we look at it
It’s just like a shitty torrent

Had to die one day

Should’ve listened to warren buffet
He wasn’t talking out of his ass