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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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9809300 No.9809300 [Reply] [Original]

The fact that any of your retards have actually lost money blows my mind. I'm up around 7-8x right now.

How the fuck do you lose money in a market that has quadrupled? You could have bought just about any shitcoin a year ago (other than scams like BCC) and made more than you would in the stock market in 10 years.

>> No.9809309

>>9809300
bitmex

>> No.9809314

youre up higher than the mcap but youre surprised that people have lost money?

/biz/ in a nutshell buy low sell high

>> No.9809316
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9809316

>>9809300
how dare you lecture me, roastie?!

>> No.9809367

>>9809300

>How the fuck do you lose money in a market that has quadrupled?

Like, a lot of people bought in december-january. They definitely aren't up 7-8x right now. Just look at the charts. It's not that complicated mate. You literally just got lucky and you should be happy about it. I first bought around these prices where we are right now in november so I definitely didn't see any 7-8x gains at any point.

>> No.9809411

>>9809367
I got lucky because I don't freak out about a little dip?

I remember the september dip and I almost SOLD EVERYTHING, but I kept my wits about me and held. How is everyone complaining about all this lost money? You lose money if you buy at ATH and sell lower. I bought all the way up to 19.5k and am not pissed because I held and DCA'd back down. It's not rocket science. I buy every week and long term will make money, I wonder how the january buyers will feel after they panic sold after a tiny 70 percent dip, when a few years from now BTC will be 500k-1M

>> No.9809503

>>9809411
I almost sold everything in MARCH 2017 after $4k profit lmao

>> No.9809602

>>9809300
> implying we all bought in a year ago

I'd wager there are a lot of bagholders from the fall from 20k

>> No.9809752

>>9809411

Na, the luck part was getting in earlier than a lot of other people. Panic selling is just lack of patience and putting in more than you can lose.