/biz/ - Business & Finance

[Anonymous No.9381938]

Oh my god I dont even hold bitcoin and it's still killing my portfolio. I put in my own research and diversified, just like you guys said. How am I still getting justed?

[Anonymous No.9381946]

who the fuck told you to diversify that much with $1k?

[Anonymous No.9381957]

>>9381938
Thank you anon. Really, I needed that. I was feeling bad that my port was in the red. But it could be so much worse. I could be you.

[Anonymous No.9381968]

>>9381946
Why would the lump sum matter? It's all about percentages. No matter how big or small the portfolio is diversification is supposed to protect against risk. Am I missing something?

[Anonymous No.9381970]

>>9381938
>buying the shittiest coins out there with pocket change
Jesus

[Anonymous No.9381980]

>>9381968

[Anonymous No.9381982]

>>9381968
you're not gonna make it diversifying with 1k

[Anonymous No.9381984]

>>9381946
Its okay with the amount of coins he has of each crypto.
Hold your bags man, you gonna be alright.

[Anonymous No.9382006]

i told you last week. i called you pajeet and you called me jelly

idiot
who's laughing now?
this shit will slowly bleed to 0

[Anonymous No.9382026]

lmfao literally who coins wow what an idiot

[Anonymous No.9382060]

>>9381980
Instead of posting a brainlet you could at least help me understand what I'm doing wrong. I'm not experienced enough yet to make a risky move like going all in.

>>9381982
Why? If the market goes up so will my diversified portfolio. Maybe not as quickly as a moonshot but I'll at least get solid returns when the market grows.

>>9381984
Thanks anon. I'm just trying to play it safe while I'm still a beginner. Once I get a feel for the market I might get riskier.

>>9382006
Still up 10% in less than a month pajeet

[Anonymous No.9382076]

>>9382060
>10%

is you a boomer?

[Anonymous No.9382078]

>>9381968

[Anonymous No.9382093]

Another fellow PCN holder.

Glad to see more of them lately.

[Anonymous No.9382095]

>>9382076
10% every month is doubling in a 10 months. Not too bad for a poorfag like me. Doubling every year is okay with me.

>>9382078
>I cant disprove him so I'll post a brainlet

[Anonymous No.9382103]

HAHAHAHAHAHAHA holy fuck those shitcoins what are you doing anon

[Anonymous No.9382104]

>>9382095

[Anonymous No.9382108]

>>9382093
Nice hold bro! PCN is making some awesome moves this year

[Anonymous No.9382110]

>i diversified by buying multiple assets in the most correlated market on earth

[Anonymous No.9382111]

>>9381938
Sell all those for LINK

[Anonymous No.9382118]

>>9382111
You will never make it anon

[Anonymous No.9382119]

>>9382060
dont listen to the haters man, you do you.
they recommend finding a solid moonshot and going all-in
why? because thats how you grow wealth quickly
if you want a slow, "sure thing" with low returns, go to the stock market

thats the logic. you do whatever the fuck you want, anon. gl

[Anonymous No.9382122]

>>9381968
Dude what the fuck are any of these coins?

[Anonymous No.9382125]

>>9382111
sergey owns 650,000,000 and he will dump at you on first oportunity

scamcoin

[Anonymous No.9382221]

>>9382119
Thanks fren. You get it. I might get riskier later on but I need more experience in the market first.

>>9382122
Which ones dont you know?

[Anonymous No.9382242]

>>9381938
Because none of this stuff will ever be used for anything in the future.

[Anonymous No.9382256]

>>9381938
I didn't genuinely think that there were people here that actually bought such shitcoins.
Holy shit.
Thanks anon.
I know I'm going to make it.

[Anonymous No.9382258]

>>9382125
> scamcoin

[Anonymous No.9382266]

the only shitcoin i know there is turtlecoin LOL good god, what a disaster

[Anonymous No.9382273]

>>9382258
deluded
e
l
u
d
e
d

[Anonymous No.9382283]

looks like you got pajeet'd bro, sorry

[Anonymous No.9382290]

>>9381938
>trtl

Jesus Christ, the kid's retarded

[Anonymous No.9382330]

This has to be a joke. That might be in the top 10 worst portfolios I have ever seen on here.

[Anonymous No.9382354]

I think youre trolling us bigtime.

[Anonymous No.9382378]

>>9381938
Diversification is not a real thing in crypto, this is not the real world with actual economic sectors. This is gambling on what will have the next good piece of news.

[Anonymous No.9382412]

>>9381938
>I put in my own research
owns trtl

[Anonymous No.9382538]

>>9382242
>greater fool theory

[Anonymous No.9382565]

>>9382111
Nice digits/folio link marine

[Anonymous No.9382569]

>>9381938
What kind of research are you doing there?

[Anonymous No.9382607]

>i did my research
2018 biz strikes again. The absolute fucking state of it.

[Anonymous No.9382663]

>>9382060
>Once I get a feel for the market I might get riskier.
You're diversified. Okay. But why on earth would you then choose the shittiest coins that actually are risky as fuck?

[Anonymous No.9382667]

Am I gonna make it?

[Anonymous No.9382682]

>>9381938
First portfolio I've ever seen that made me think "literally what?"

[Anonymous No.9382745]

we doin a rate my shit portfolio thread then?

[Anonymous No.9382756]

>>9381938
Hey OP anon!

I know biz is fucking retarded and harsh by not giving advice. Im going to give you one.

Only invest min. 1k in each thing. Since you only have 1k you have 2 options:

1. Put 1k into ETH and accumulate 2k (by wagecucking) so with that extra 1k you can put into something. ETH overall is a stable profit income over-time.
2. Put 1k into BBN (literally the only coin in your portfolio that is worth anything).

Dump all that other shit you have. Totally shitcoins. Idk if you should even wait when they go green. ETH is currently down. Better off to sell everything into ETH and wait until it goes to 1k. Then maybe put that 1k into BBN if BBN is in a downwards trend. BBN currently is in a bear market so going all-in on BBN is also not a bad idea.

[Anonymous No.9382759]

HAHAHAHAHHAHAHHAAaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa


AHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHAH

[Anonymous No.9382768]

>>9382756
And yeah sorry anon OP, i have to say it as well after giving advice, are you fucking retarded? Wtf is this portfolio? Must be like "Me randomly investing in random shit portfolio". Learn how to DYOR.

[Anonymous No.9382770]

>>9381938
PEEPCHADS

ASSEMBLE

[Anonymous No.9382944]

>>9382745
If you have Litecoin in your portfolio you are double digit IQ.

[Anonymous No.9383102]

>I dont even hold bitcoin

LOL doesnt work like that

[Anonymous No.9383157]

>>9381938
>How am I still getting justed
By the fact that the entire crypto market is correlated. Picking coins is literally pointless when the entire market goes up and down in tandem.

[Anonymous No.9383235]

>>9381938

Must take a week to tether up all this garbage, lol.

[Anonymous No.9383273]

>>9382412
Helpful, active community, easy to mine, still very cheap. What's not to love?

>>9382663
I'm trying to catch a moonshot. I'm late to the game and feel like I need to grow in sats asap before it's too late and the market slows down

>>9382756
Thanks for the actual advice! I really appreciate it. Some of you guys are all right. But heres what I dont understand. Why does the amount of money you have change your investment strategy significantly? I thought percentages were all that mattered

[Anonymous No.9383290]

>>9382768
Shit..just when I thought someone was nice to me without any strings. I'll admit I'm a complete beginner. I've followed biz a while and made a list of coins that caught my eye. Then, I invested in the ones I could understand that looked like they still had room to grow.

[Anonymous No.9383320]

>>9383273
Okay anon you are kind and cool, but you are starting to sound a little bit stupid the more you write. Nothing personal i get it, you are new.

Lets say you invest 1k into something. Okay?
Getting a 2x is quite easy. Gratz you just made 2k in one shot.

Lets say you diversify 200, 200...
You just 2xed it!
You got 400...

Now 2x is quite easy to achieve, but truth be told below 1k you will be forever making such money. Turning 1k to 2k saves you a fuckton of time. Thats your problem. TIME. You dont have it forever. If you try to 2x with 100,200 or heck even 300$ you will be forever doing it to reach 100k. If you want to reach 10k then sure do it with your strategy. But we here all big boyz and dont play shit games.

[Anonymous No.9383404]

Didn't we tell you in the last thread that you are too poor to be diversified? Go all into 1 or 2 shit coins

[Anonymous No.9383715]

Hey dude you shouldn’t be diversifying with so little money. Go all in on a coin you think that can 10x then diversify

[Anonymous No.9383755]

>>9383320
This is true. But judging by his pick in coins he will absolutely fuck up and buy the top of a horrible coin go all in and have bags

I mean come on , iv e literally never read a white paper. Only bought into biz shills and I have fell for 1 or 2 pajeet scams. All my other coins I got into turned out to be good , you have to have a built in pajeet detector when you come on biz

[Anonymous No.9383762]

>>9381938
Need more PCN thats a pathetic fucking bag

[Anonymous No.9383771]

>>9381957
What a disgusting Pepe.

[Anonymous No.9383829]

>>9381938
How new r u

[Anonymous No.9383843]

>>9381938
under $10k go all in. above $50k pick 3, with one being BTC or ETH. Above that, hold BTC and ETH 1/2 ur stack minimum.

[Anonymous No.9383876]

>>9382110
Hahaha exactly. But rely though who here owns T bonds equities and crypto? Not many I bet.

[Anonymous No.9383934]

>>9382944
>being this mean

[Anonymous No.9383983]

Bitcoin has dropped less than most of my alts
>>9383934
He's right, trade it for eos

[Anonymous No.9384229]

>>9383320
Okay but you're completely right about me. I'm not too bright. There's a good chance I'd make a shit pick and lose everything. Doesn't that math work the other way? Say one coin gets halved. I only lose a little bit instead of half of everything.

>>9383829
to biz or to crypto?

[Anonymous No.9384661]

>>9381938
Jesus look at them shitcoins.

[Anonymous No.9384789]

>>9381938
Dude what are these utter shitcoins you're invested in? Get your ass some Link and hold it till 2020 like the rest of us, jesus...

[Anonymous No.9384877]

>>9381938
Nah OP you're only holding pajeet-tier shitcoins

[Anonymous No.9384981]

>>9384229
>Say one coin gets halved. I only lose a little bit instead of half of everything.
You could make $1000 working a couple weeks at whatever shitty job you most likely have.
It would take decades to make $1m and you wouldn't be able to accumulate enough to ever have that much money lying around at one time.
Are you getting it yet?

[Anonymous No.9385062]

>>9384877
What is the context in this webm?

[Anonymous No.9385142]

>>9383762
>not having minicoin

[Anonymous No.9385709]

>>9381938
>bitcoin
>portfolio
>research
>diversified

[Anonymous No.9385720]

>>9381938
legit laughing rn

either go 50/50 bax/tfd

or 100 into either

lmao TRTL AND PCN holy fuck

[Anonymous No.9385826]

>>9382095

This is crypto. Doubling every year is doing it wrong. You've got to be fucking joking if that's your portfolio. f you want limited risk, buy a damn mutual fund.

Those coins are pieces of shit. Like, I get it if you want to go on a moon mission, but if you want 10% returns with less risk, just sell it all and buy BTC when it gets low.

[Anonymous No.9385876]

>>9381938
Never heard of any of those shitcoins, kek

[Anonymous No.9386147]

Tether up faggot!

[Anonymous No.9386793]

>>9382667
put your link into eth jesus fuck and keep the monero

[Anonymous No.9386856]

>>9381938
LMFAO holy shit

[Anonymous No.9386898]

>>9382273
If you knew anything about sergey you'd realize how dumb you are

[Anonymous No.9386933]

You’re going to make it

[Anonymous No.9387634]

put all into trtl or you're fucked :)

[Anonymous No.9387870]

>>9381938
AHAHA ! Holy Moly, Gange folio here !

[Anonymous No.9388237]

>>9384229
If you buy shitcoin like these you will see -50% but if you legit coins in the top 100 CMC you will see -10% max during these dips, but also show consistent gains if the project itself is good.

[Anonymous No.9388404]

>>9381968
Your original post may tell you why diversification doesnt matter in crypto.

[Anonymous No.9388585]

[Anonymous No.9388767]

You're a stupid cunt sort your shit out

[Anonymous No.9389758]

Strawpoll for which coin will next be added to Coinbase

http://www.strawpoll.me/15682869

[Anonymous No.9389825]

>>9381938
>05/04/17 New trial board added: /bant/ - International/Random
>10/04/16 New board for 4chan Pass users: /vip/ - Very Important Posts
>06/20/16 New 4chan Banner Contest with a chance to win a 4chan Pass! See the contest page for details.
>[Hide] [Show All]
from the coins in this folio I only know Turtle and not because it's a good coin.

you bought the most shitty folio I've ever seen.

[Anonymous No.9390187]

>>9381938
Shit like for real sell it and buy something good ...

> 10 percent every month till I die

Yeah, you’ll have millions in no time this way ... the truth is your coins and any coin can drop hard any day if you want a constant money profit go somewhere else than crypto ... just wait and wave your profit bye bye if you loose it all in a huge bear market

> my coins are the best and you’re a pajeet

Please stop this shit and don’t ever get attached to any coin like a cuck. And if you have 0 idea of any of your investment than throw your money in thrash right now .. literally the same

> I won’t loose much if I diversify in so many coins at this value

Brainlet

[Anonymous No.9390217]

don't diversify you idiot. especially not with a tiny port like this one.

also everyone gets justed when BTC is down. dont get emotional because of it. trade against BTC, not fiat.

[Anonymous No.9390242]

>>9381968
It also protects you from gains, risk reward, remember?

[Anonymous No.9390285]

>>9383273
>I'm trying to catch a moonshot. I'm late to the game and feel like I need to grow in sats asap before it's too late and the market slows down
>literally the definition of fomo ""investing""
lmao you must be a troll right?

[Anonymous No.9390314]

>>9381938
It's okay, you're destined to be poor anyways

[Anonymous No.9390328]

What is this? a Shitcoin Museum?

[Anonymous No.9390350]

>>9390217
>>9390242
That’s not what people mean by higher risk = higher reward. All else being equal, diversification does not decrease your expected return, it just decreases the standard deviation (which always is good unless you’re just gambling).

[Anonymous No.9390352]

>>9381968
You are down 13%. Diversification is supposed to negate downfall. It means you failed.

[Anonymous No.9390401]

>>9381938
Oh OP... you fell for the diversify meme. Thats quite a collection of shitcoins you have there

[Anonymous No.9390431]

>>9381938
Anon.
When people are shilling you a coin on /biz/ you should not buy it immediately.

[Anonymous No.9390449]

nigger what the fuck are you even holding

[Anonymous No.9390479]

>>9385826
All shitcoins are the highest risk category because it's a new market. Gambling in a casino is safer

You accept this as the price of making it quick.

5-10 return on traditional folios is almost 0 risk. I can buy up property debt and double my money every 2 years with no risk since property is a real thing that's literally never going down.

Take the risks that suit your needs.

[Anonymous No.9390486]

If you have less than $5,000 spread out among that many coins you are literally never going to make it.

"lol guys dont put all your eggs in one basket amirite?"

[Anonymous No.9390498]

This is probably the most pajeet portfolio I’ve ever seen on here

Kys now

[Anonymous No.9390584]

>>9382378
This. Diversifying crypto is like betting on every number in roulette. It'll hit, but you'll still be at a loss

[Anonymous No.9390649]

>>9381938
>Oh my god I dont even hold bitcoin and it's still killing my portfolio
are you this new? let me explain to you the main law of crypto - "Bitcoin is king", this means when btc takes a dump, alts take 2x of btc's dump, when bitcoin moves sideways or slowly rises alts go up, when btc violently moves up, alts drop in btc value.
the diversification thing is nice annon, but dont forget that alts are here to make more btc.....none of the shitcoins you have (or 95% of the shitcoins in existence) are going to be around in 5 years.....so make sure once your shitcoin moons to sell it (or ate least a big portion) for btc...
Dont believe the shills telling you that "shitcoins x" is going to be the "future of actifity x" - they are all garbage and you dont want to be the one caught holding bags....
now thank me for not trying to pajjeet you like the rest of biz

[Anonymous No.9390742]

Rate.

[Anonymous No.9391499]

Opinions? What do you guys think my portfolio will be worth eoy?

[Anonymous No.9391593]

>>9390649
wow /biz/ still has actual good advice