/biz/ - Business & Finance

[Anonymous No.4803340]

ITT Post your heaviest bag.

[Anonymous No.4803363]

>>4803340
i have no bags, i cut losses at predetermined points and exercise self restraint so i never buy high.

[Anonymous No.4803380]

i have 600k electroneum. i cant do shit with it and i have 41 bch. so yea my arms hurt

[Anonymous No.4803382]

>>4803340
LTC, only up like 20%

[Anonymous No.4803390]

>>4803363
elaborate on your cut lost threshold.

[Anonymous No.4803400]

MCO FOMO'd at 150000. Getting just'd hard. Please recover.

[Anonymous No.4803432]

>>4803340
I dump my shit bags. Holding onto losses is stupid when you could transfer it into immediate gains, then buy back in for more (if you want to return).

Sunken cost fallacy NIGGERS. Kill your loosers, keep your winners. Unless, of course, news is on the horizon or something and it's better not to gamble leaving.

[Anonymous No.4803470]

100k Ammo rewards. Bought ATH

[Anonymous No.4803602]

>>4803363
this but also when i buy at what i find the floor and an investment goes down at most 50% in the short term i dont look at it like its a bag but something i bought in and holding knowing it will go higher

[Anonymous No.4803786]

NEO was pumping hard. I profited a bit then got carried away and bought back in at 570k. Now down 50% holding this gold colored bag with so much "potential."

[Anonymous No.4803808]

>>4803363
It's so easy to make a great living on crypto.

>Buy a coin with a decent market cap and a solid team when it's recently dipped.

> Set a stop loss for 5%

> Set an automatic sell for a 20% gain.

Every retard on this board buys retarded meme coins based on what some other retard tells them. Then they get it into their heads that whatever they buy is going to triple in value. 20% is a damn good return, but everyone here has it in their heads that they deserve 10x of what they invest, and that's delusional.

[Anonymous No.4803853]

>>4803602
so it's what he does except it's opposite of what he does?

[Anonymous No.4803871]

>>4803808
5% seem like pretty easy to hit. With the crypto fluctuation 5% dip is extreme more likely than 20%. How many time you test this theory? I dont think I will follow this tho.

[Anonymous No.4803910]

>>4803808
Why settle for 20% gain? This increases the amount of research you have to do to find the next 20% gain, and you have to this indefinitely. I'm at 200% this week from simply reading the big memes coins upcoming events and adjusting my portfolio accordingly. It takes less time and yields higher return.

you seem as though your adverse to taking full advantage of this once in a life time opportunity

[Anonymous No.4803937]

>>4803871
yeah, it's a shit strat imo. That's an ok strat for day trading, but I'd only do that for shits and giggles. The big money is in getting in early and patiently waiting for nuclear launch.

[Anonymous No.4804087]

Tfw not gonna make it

[Anonymous No.4804199]

ICN. It's embarrassing.

[Anonymous No.4804373]

mine is ETP, what the fuck, biz told me this is comfy coin.

[Anonymous No.4804665]

mywish

[Anonymous No.4804722]

>>4803340
1ST, never making a split second decision like that again..

[Anonymous No.4804743]

Fiat. Meanwhile bitcoin hits 12k

[Anonymous No.4804791]

>>4803910
Where do you read the upcoming events

[Anonymous No.4804803]

Currently, OmiseGo, but I’m still up about 25% total

In days long past, CFI and RDD. I ended up selling both at about 60% loss, didn’t invest too much though

[Anonymous No.4804817]

>>4803340
req. if this is my worst then im pretty confident ill be ok. feeling the moon launch soon. just jelly of iota right now. i was in there and got gains but then i sold and thought id get in again

[Anonymous No.4804821]

[Anonymous No.4804831]

>>4804803
i feel you on rdd, originally got in at like 15 sats and sold at 80, then rebought at 40 and sold at 20 :'(

[Anonymous No.4804848]

>>4804821
WE

[Anonymous No.4804857]

>>4803340
>holding RDD from 110 sats
>holding DGB from 2000+ sats
>holding SIA from 600 sats
>holding XLM from 3500 sats back in May
Honestly I'd kill myself if XLM weren't going up slightly giving me a glimmer of hope.

[Anonymous No.4805016]

>>4804857
>holding anything but top 10 coin

I think this is exactly our problem.

[Anonymous No.4805033]

>>4803808
>stop losses

Never again

[Anonymous No.4805039]

>>4804791
That's the hard part, digging out what will happen next month. I personally am always perfecting this process, but one easy way is to get comfortable tracking 10-20 projects, and just adjusting your portfolio based on what has news the soonest, and/or which news is the biggest deal. All you have to do is look at the roadmap basically, and then check the news for that project every day or so.

It'd be nice if there was some sort of catalogue of events published every month. I follow projects I wouldn't mind holding long term, so currently I bounce between LINK, REQ (but I hold a minimum of both of those cuz guaranteed retirement), Ripio, Substratum, Raiden Network, ByteBall, ZenCash and Zen Protocol.

Basically just research a shitload and catalogue important dates when you do, and hover around the projects you deem most promising. It's worked great for me, the only downfalls I've encountered are either selling the news too early (I did this with VTC by thinking it was 'priced in' last month, and that everyone already knew about the halvening) or clutching onto old news (I did this with Raiden Network and expected to keep climbing, but the news sold and pump gone).

[Anonymous No.4805199]

>>4805039
Also it's hard not to bail when something else you don't follow is mooning, but that is countered by either waiting until your moon mission or researching more so as not miss the rocket next time. Just keep researching, ideally you'd have catalogued the events of the top 50 cryptos by EOY. It's ez money.

[Anonymous No.4805343]

BCC ;_;

[Anonymous No.4805433]

>>4805343
How high did you buy retard? I bought at $550 and woke up to my sell order being completed at $800. Initially I was thrilled, until I saw it was at 1.3k and proceeded to climb to 2.5k or whatever :(

[Anonymous No.4805454]

>>4803340
/biz/

[Anonymous No.4805464]

>tfw 200k deep in POE
I blame cocaine for that one.

[Anonymous No.4805474]

Put $10k in at 2200 sats.

[Anonymous No.4805511]

>>4805474
Ah yes, August ChainLink

[Anonymous No.4805542]

>>4803340
siacoin SC

[Anonymous No.4805693]

>>4803340
USDT

[Anonymous No.4805911]

>>4803340
Why I decided to hold after the August pump ... No one fucking knows..

[Anonymous No.4806617]

>>4803340
BAT @ 1200
Some days I just look at my wallet balance and just cry a little. I pray that normies and broke youtubers latch onto this sooner than later.

[Anonymous No.4806649]

>>4805542
My nigga.

[Anonymous No.4806708]

>>4803340
LINK. bought this shitcoin earlier today and now it dropped.

[Anonymous No.4806755]

It's non-crypto. Berkwood Resources stock. They mine graphite. I hopped on real quick on a day trade because there was a good news story about them that I caught right when it was posted. No good news pump happened. Now it's down and getting close to the lowest point in 6 months. Currently have a break-even sell order on it that it could hit briefly on an opening spike or something.

And it's not like I even have a lot of money riding on it. I'm just pissed that I broke my own trading rules when I bought this stock and now it's biting me on the ass (lightly). I will hodl this shit until the company goes out of business I don't care burn it all down.

[Anonymous No.4806757]

BTC > ETH > NEO > SALT

Living the fucking dream!

[Anonymous No.4806950]

LTC bought at $25-$30 in 2013/14. Not too bad and I've held throughout, but Bitcoin yielded triple that.

More pissed bout what I missed.