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/biz/ - Business & Finance

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8622252 No.8622252 [Reply] [Original]

Why didn’t we sell before?

>> No.8622270

sell now?
btw i'm buying.

>> No.8622296

>>8622252
>Put £1200 in to link, xlm and ven.
>Now worth £300
>Serves me right for talking investment advice from a Kenyan fair trade coffee bean forum

I'm just leaving it. Hopefully some miracle happens and I check Blockfolio in a year and it's worth £600.

>> No.8622301

>>8622252
Because if I wasn't such a stubborn idiot I would have sold at $3000.

>> No.8622311

>>8622252

That could be a mistake. Research published in 1998 by behavioral-finance professor of the University of California, Dr Shekel, Berkeley, showed that individual investors are 50% more likely to sell a winning stock than a loser -- even though, on average, the stocks these investors sell go on to outperform while those they hold onto underperform.

Why the reluctance to bail? Selling an underwater asset, says Dr Shekel, "isn't primarily about economic loss, it's about emotional loss." Once you sell below your purchase price, he believes, you can no longer tell yourself, "I still made a good choice, and it'll come back."

>> No.8622334

>>8622296
kek

>> No.8622348

>>8622252
Kek i just bought faggot i will keep buying on every paycheck for the whole 2018

>> No.8622357

Bought at 17k.
Waiting for it to dip to 2k so I can sell.

>> No.8622506

bought the dip
bought the dip
bought the dip

invested 3000€
now at 1100€

i am not going to sell i have iron hands i will wait untill 2030 and if i am back to 3000€ then i will sue bitcoin company.

>> No.8622592
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8622592

>>8622311
muh chainlink

>> No.8622676
File: 52 KB, 1242x350, Screen Shot 2018-03-29 at 5.14.45 AM.png [View same] [iqdb] [saucenao] [google]
8622676

>>8622252
When my total holdings reach $100k, I decided to start selling it off. I cashed out $6500 before it came came crumbling down.

>> No.8622856

>>8622676
iktf

>> No.8622908

ITT: reddit permabull meet-up

>> No.8623042
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8623042

>>8622311
>Dr. Shekel

>> No.8623074
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8623074

>>8622252
MUMMY!

>> No.8623077

>>8622252
I've been buying every 2 weeks. And I'll contine to do so through 2020. This crash has been a blessing.

>> No.8623103
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8623103

>>8622252
because i was way too fucking busy to appreciate the fact that evrything was mooning uncontrollably and my portfolio being at $40k made me up 20x

t. now under $10k bizlet

>> No.8623132

>>8622676
Same, I hit about 150k and cashed out 10-15k. Wish I'd have cashed out more.

>> No.8623151

>>8622348
Same here.

>> No.8623163

>>8622252
Buy TRX it's got humongous potential.

>> No.8624073

>>8623077
This is the strategy to take. Buy small amounts periodically rather than buying all at once at a set entry price. Market will fluctuate regardless. Forget about selling. Treat your investments like a savings account and don't touch it or think about it for a few years.
This is an emerging new class of stockmarket without borders. Some of these projects will form critical infrastructure in years to come.