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/biz/ - Business & Finance

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8542062 No.8542062 [Reply] [Original]

there has to be someone else in this boat. I went kinda crazy during this bear market and essentially daytraded all of my btc away, had 1.3 now I has 0.03, not sure what to do really as I have no source of liquidity at the moment. can't buy anymore dips.

Now I'm watching every shitcoin moon while I trying and flip my pathetic 0.03. What the fuck do i do other than kill myself?

>> No.8542084

Are you being serious about that? I can see how you could easily do that but still, why did you take so much risk?

>> No.8542127

>>8542084
There's only one answer for that: stupidity and no risk management. I hopped from shitcoin to dying shitcoin, repeatedly tossing myself from the pan and into the fire. I think I have stockholm's syndrome or something. doesn't matter now.

>> No.8542212

>>8542062
Just curious. What's your background IRL? Like schooling and occupation.

>> No.8542262

What coins?

>> No.8542274

haha, this is hilarious

>> No.8542284

>>8542062
I hate to be a shill but try joining enhancedinvestor.com these guys are like if you took every smart person on /biz/ and put them in one chatroom. Also note that doesn't mean they are smarter than really smart trader people but at least people there have a lot of sense and their calls don't make you lose 10%

>> No.8542312

>>8542212
Grade 10 education, trade worker but work is slow, so I have no money except for bills.
>>8542262
Every coin, i could post my embarassing trade history but there are literally 750+ trades I made during this bear market. most of them red trades.
>>8542274
y-you too

>> No.8542344

>>8542062
The trick, and I mean this, is to choose good coins and never, ever sell at a loss, ever.

>> No.8542390

>>8542344
>enhancedinvestor.com

Worst advice on this thread. You only do that in a bull market which is over. This is a now a multi-year bear market. If OP had stop losses, he wouldn't be in this predicament. How much did you lose idiot? 50-80%? How does it feel knowing you could have shorted and 10Xed your stack?

>> No.8542404

Had 0.9 btc at the peak in December, then daytraded it all the way down to 0.2, transferred it all on bitmex in hope to recover the stack, but lost it all.
So you are not alone mate. The worst thing is i know what bull run is about to start and i dont have any money to buy the bottom, and will have to buy already mooned coins. Shit.

>> No.8542440

>>8542312
I mean this in the sincerest way possible. You're too stupid and inexperienced to swing or day trade coins. Your best bet is to just buy and hold. You've learned your lesson the hard way.

>> No.8542494
File: 279 KB, 1437x908, XRP Will Save You.jpg [View same] [iqdb] [saucenao] [google]
8542494

>>8542062
I don't allow myself to daytrade. Buy and hold XRP only.

>> No.8542539

>>8542404
I'm here for you anon, its a hard feel but someone has to feel it.
>>8542440
thank you for your honesty & truth.
>>8542494
Ironically if i held XRP instead of spergtrading I would literally still be above 1 btc or some shit. some of us are just dumb as fuck i guess. (me)

>> No.8542560

>>8542539
I'm dumb too. It's just that I know this, plan for it, and establish rules that I follow in order to mitigate the damage of my stupidity and give me a chance of success in spite of my stupidity.

>> No.8542597

>>8542494
What's the name of this template again?

>> No.8542621
File: 161 KB, 1437x908, 149376270177.jpg [View same] [iqdb] [saucenao] [google]
8542621

>>8542597
I don't know - upload the image into yandex reverse image search and you'll find it.

>> No.8543277

I can relate to your story, though my case was the opposite - I've lost over 50% because I fell for the hodl meme. Kept watching some of my shitcoins drop over 70% in value like a deer in headlights, afraid of taking action and remembering the HODL mantra in my head instead of cutting my loss.
My portfolio was worth around 3 btc at ATH, now down to around 1.15 btc. I'd probably still be at a loss if I went for the day trading route but I doubt it'd be so severe.
I guess the moral of the story is that the only ones who didn't get fucked in this market are the ones who tethered up in early January and those who have luck gambling with leveraged shorts.