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/biz/ - Business & Finance

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8761697 No.8761697 [Reply] [Original]

>Never swing trade BTC/USDT short-term(hour to hour) and expect to beat the Bogs, only trade over 12h-1day windows
>if a coin is suddenly getting shilled nonstop on /biz, it's guaranteed to get dumped the next day/overnight while you sleep
>when I think I have a guaranteed good trade, zoom out, then zoom out again

>> No.8761715

>>8761697
>dont daytrade
>follow your fucking instincts, they are accurate, fuck what everyone says

>> No.8761847
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8761847

>>8761697
>Everyone on /biz/ is nearly a mouth breathing retard
>No one who joined in crypto in 2017 has anything of value to say EVER. Even people who started in 2016 are pretty terrible
>Most "Crypto traders" who are against traditional trading, complain about boomers, and say this the NEW WAY will ultimately stay poor
>Most people who made money did it out of luck these people are usually the ones that say don't day trade
>Trading is not for everyone this why majority of people don't make it. If you post pink wojak trading is not for you
>Despite the above being true doing investments is still fine, but you will never make it big and probably best just to be happy if you make anything
>There are tons of ways to trade; try some and figure out what's best for you if you find something your good at just improve on that and don't waste time on trying other things

>> No.8761871

>>8761697
>meme lines are actually useful, the meme is that they aren't
>instincts and your first choice are better than anything you'll read on the web
>don't forget 6 and 12h candles

>> No.8761976
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8761976

If someone's shilling something don't ask for how much it's going to go to, but for how much they bought
The higher the risk smaller the position should be, it's prudent to take profits while shit moves and consider fees
Breakouts in low timeframes still need to fight the long term trend.

>> No.8761978

>selling at a small loss if the trade goes wrong is far fucking better than being underwater on a trade for weeks or more

>> No.8762039

>swingtrading is actually great if you aren't a retard.

>never hold to long

>track your taxes

>> No.8762066

who are you all quoting??
Please don't abuse the quote function.

>> No.8762071
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8762071

>>8762039
>>track your taxes

>> No.8762082
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8762082

>>8761697
> Lessons I learned from crypto
Don't buy crypto

>> No.8762088

>>8761978
buy high sell low, only advice you'll ever need

>> No.8762132

>>8761847
>Despite the above being true doing investments is still fine, but you will never make it big and probably best just to be happy if you make anything
The thing is that there are really weird ideas about investing in crypto. Like averaging systematically makes a lot of sense, but averaging with the idea of holding to 0 doesn't look that good, like when people recommend just buy now and check back in three months. Maybe in three months is the time to buy, not now.

>> No.8762168

Set buy orders are insanely low prices..

Made a lot of money? Don't trade for 24 hours.

If you're ina coin, don't sell at a loss to try and catch a pump on another coin.

>> No.8762176

>>8761697
get a job and dont rely on jewish meme currency