/biz/ - Business & Finance

[Anonymous No.9492718]

>down 50k since two weeks ago

i am the biggest dingus. who here getting JUST'd right now?

[Anonymous No.9492773]

>>9492718
Me too anon. I decided to go all in on IOST a while back, sold the top luckily, only to buy back in and immediately suffer a 25% total loss. My whole portfolio's been hit and I feel like a total dumbass selling my iExec stack at 2.3 and fomoing in at 2.5.

These are arguably the worst, and most critical decisions that have negatively impacted my portfolio.

[Anonymous No.9492780]

not me

[Anonymous No.9492794]

down like 75k in the last couple weeks. I'm numb to it all at this point

[Anonymous No.9492833]

Yup. Down 30% from three weeks or so back, was profits, but still feel like a fucking retard. Once again at the point where it's, a hopeful bounce, but more likely a full retraction to early April levels. I should cash out temporarily, but I'm too stupid to do that.

[Anonymous No.9492868]

>>9492718
I'm down around 30k, I hadn't even think about it until now

[Anonymous No.9492959]

>tfw it keeps dipping

fuck me lads, bitcoin stagnates and dips every so often and wipes out my alts as a result. im sick of this shit

[Anonymous No.9492990]

>wow i cant believe eos just pumped 4x in 3 weeks, surely this will continue forever

i literally never take profits even on the biggest of moons and it always dumps

dont be like me who held xrb from the top to the bottom, take your profits boys

[Anonymous No.9493001]

>>9492990
my biggest holding is WAN and its only doubled in value since the coin started trading. didnt expect it to dip this fucking hard though, jesus christ

[Anonymous No.9493060]

im down 240k fuck me. fcking 10 years of cucking

[Anonymous No.9493453]

>>9493060
F

[Anonymous No.9493809]

>>9493060
How much did u have bro

[Anonymous No.9493864]

>>9492718
I made a thread about this. We all fell for the ponzi scheme

Basically everyone is waiting for a bull run or pump so they can dump and leave with gains

Which is why it won't happen

Daily reminder 99 percent of you will sell when you have to. Not because you want to

You'll exit the market at a loss , never for a gain. Because when you are gaining you will get greedy and want more

When you have been dumped on time and time again you'll die inside and say fuck it, and try to save yourself.

I am willing to bet this is the case. It is psychological JUST

Early adopters are the only ones who were rewarded.

[Anonymous No.9493871]

>>9493060
Ffs man
I feel bad

[Anonymous No.9493889]

>>9493060
shit Im down 200k anon.. fucking christ. when you put it into perspective of how many years I would have to wagecuck to get it back...

[Anonymous No.9493949]

Down 15K since December.

[Anonymous No.9493988]

>See Nexo go to $11k profit down to $2000 loss and never sell
>Buy DAOstack at the "dip", down $7k

Me in the last week

[Anonymous No.9493989]

>>9492718
Down 40k since all-time high, down 4k (25%) this week. Worst part is, I've been in bitcoin since 2012 but have been riding on my gains the last five years while in college and am still a poorboi

[Anonymous No.9494000]

>>9492718
I've been getting justed nonstop for two weeks. There's a coin I believed in that kept tanking, so I kept putting more in it until I was all in. Well, it kept on tanking. I'm confident it will go back up if the market isn't dead (it has good support where it is now, which is the lowest point it was since March...) but I've had better days.

[Anonymous No.9494005]

>>9492718
Nah I'm gambling myself broke on BitMex, I actually got out at the peak... I knew and still did the foolish thing.

[Anonymous No.9494022]

>>9492959
It's not a dip, anon. It's a crash. And there's no end in sight.

[Anonymous No.9494160]

>>9493864
>Because when you are gaining you will get greedy and want more
>not taking profits while you are gaining

this is why everyone tells you take profits you brainlet. You new fags are insufferable

[Anonymous No.9494263]

>>9494160
I do take profits, but the main problem I keep running into is this: the whole market moves in sync. If I take profit from coin A because it's high and put them into coin B because it's low, that works. But after two or three times, every single coin in the market seems to be equally inflated, so even if you take profit from coin B and put it in coin C because it's at a relative low, coin C will likely still be pumped as fuck when you compare to where it was at the start of the market cycle and so when things crumble again, no matter where you moved your profits, it will all go in freefall and the losses will just vary slightly from coin to coin, no matter what coin you're in.

The only way to avoid this would be to take profit and put them in a stable coin (USDT, TUSD, LINK, etc.) but when you're a relative poorfag trying to compound on your gains, it's not very tempting to just freeze a large part of it until the next dip (and even then if it's a true dip, and even if you layer your buys, you're likely to end up buying before the complete floor, which mean you will still lose money).

Kind of rambling, but when the whole market moves as a whole, no matter if you take from one pile to put it in another, when the whole ship sinks, it takes everything with it.

[Anonymous No.9494845]

>>9494000
Which coin is this senpai? Mind sharing with biz bro.

[Anonymous No.9494904]

>>9494263
>the whole market moves in sync
Whole Market moves with Bitcoin. If bitcoin goes up alt goes 2 times bitcoin price. If bitcoin goes down, altcoin goes down 2X. If bitcoin goes side ways, alt coin goes much higher.

[Anonymous No.9494938]

>>9492990
You can take solace that because you held, and did not sell at the top, you don’t owe as much taxes now as you would have. Always a silver lining