[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 441 KB, 1590x1208, HELLO.jpg [View same] [iqdb] [saucenao] [google]
7377499 No.7377499 [Reply] [Original]

Why do people sell knowing that if they do so the price will just go lower?? I mean, wtf guys. Hold your bags and dont sell anything

>> No.7377527

>>7377499
Because they know other people will sell, thus lowering the price.

Idiot.

>> No.7377562

>>7377527
why dont we just make it illegal to sell then so no crashes will ever happen?

>> No.7377597
File: 140 KB, 600x600, 1516479954395.png [View same] [iqdb] [saucenao] [google]
7377597

>>7377499
thats how we will get it to go to 100$ filthy gentile

>> No.7377641

>>7377562
Mr. President, yes, we've got someone here who's onto us. Abort.

>> No.7377711
File: 443 KB, 1162x738, 2016-07-20-President-Market-Data.jpg [View same] [iqdb] [saucenao] [google]
7377711

I know it's going to sound like a meme but i always sell right before the "right" wins something e.g. brexit, us election since everything always goes to shit, and buy a few years later.

>> No.7377782

>make a new crypto
>make it impossible to sell it

infinite gains right there

>> No.7377885

Because of trust. Everything in this world is built on trust and if something loses trust it dies. People think Bitcoin/whatever is over, they don't have trust in it and they sell.

Problem is that majority still doesn't understand how revolutionary the technology is and only buying it because of greed. Means that the slightest bump in the road makes the train explode.

>> No.7377934

>>7377711
How do you know if the right will win though?

>> No.7378360

>>7377934
Sorry should have made it clearer.

Sell before whatever the event is, then keep checking the news waiting for the results. If the "left" side wins immediately buy back, if it doesn't do nothing.

Give it a few years and buy back in.

>> No.7378594
File: 50 KB, 645x729, 1504625727198.png [View same] [iqdb] [saucenao] [google]
7378594

>>7377499
Cut losses or take winnings before others do?
Geeze this has to be the dumbest trading board ever.

>> No.7378854

>>7377499
>what is a market?

>> No.7379109

>>7378360
Hmm interesting anon.

Do you do this with just crypto? or other investments as well

>> No.7379216

>>7377499
-50% is better than -90%
Honestly though some people are just weak handed faggots.

>> No.7379281

>>7377499
>Why do people sell knowing that if they do so the price will just go lower??

Because I'm holding a very large short position and will make much more as the price falls.

>> No.7379710
File: 75 KB, 640x480, goodgoy.jpg [View same] [iqdb] [saucenao] [google]
7379710

>>7377499
most people aren't exactly capable of rational thought, if they see too much red candles their limbic system assumes direct control and forces them to sell. this makes it very easy for big boys with loads of buttcoins to reverse market trends.

>> No.7380306

>>7377499
OH MY GOD YOU JUST SOLVED THE ETERNAL PROBLEM OF ALL THE MARKETS

WHAT A BADASS DUDE APPLY FOR NOBEL AND DARWIN PRIZES

PRETTY SURE WILL WIN ONE OF THEM

>> No.7380441

>>7377782
>>7377562
What if we make a coin that you can only sell for more than you bought it for?

>> No.7380583

>>7379109
Just normal investments.

>> No.7380846
File: 266 KB, 636x343, image[1].png [View same] [iqdb] [saucenao] [google]
7380846

>>7377562