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/biz/ - Business & Finance

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9082065 No.9082065 [Reply] [Original]

>hear pornhub news
>go all in on XVG
>30% loss in 7 days
what happened?

>> No.9082076

>>9082065
>bought the news

>> No.9082078

news sold

>> No.9082097

>>9082065
You FOMO'ed into a shitcoin after it pumped

>> No.9082124

>>9082065
You bought the news like a brainlet. Why did you expect the price to increase because of something everyone already knew about?

>> No.9082159

>>9082065
>bought XVG
Found your problem.

>> No.9082205

>>9082065
You're the greatest fool in the aptly named "greater fool theory". Thanks for holding my bags

>> No.9082213

>>9082065
Don't you know how the quote goes anon?
"buy the rumor, SELL the news"

It was already priced in, XVG was pumping nonstop when they said they have a big partnership coming up. It had nowhere else to go but down.

Thanks for buying my bags btw, someone had to buy the top.

>> No.9082579

>>9082065
Hodlers sold when they knew new buyers were coming in.

>> No.9082726

buy low sell high
if you want me to translate this rule in brainlet talk, it goes :
buy when no one is buying
sell when no one is selling

get that shit thru your thick skull, mate

>> No.9082749

>>9082065
you assumed people pay for porn