/biz/ - Business & Finance

>>29261767
Add a zero you say? So 10,000?

>bought PLTR for the first time at 36$
>averaged down yesterday
>now in the green

Okay so do I run now that I've covered my losses on that bad boy?

You did listen when i shilled LGHL and you loaded the boat, right anon?

Is it even reasonable to be buying BTC. While I feel it still has a long way to go, even if it does hit a $1M that's a 20x which iis nice but comparatively the alts have greater potential for massive gains with less money.

ANVS

>>28960061
Thats bullshit but ill buy it

My PT for CCIV was $55.

I think I'm going to revise that upwards to $200.

>six figure hell
>the figure starts with 1

you guys don't know what hell really is

How do you get a mortgage if you don't have a job, you just make money from capital gains and you just have a lot of cash?

>>28750355
Based fren poster in a sea of fud. I already made it that's how sure I am

>>28534713
Or.. or... maybe it's time to dabble in.. leverage.

>this is the average normie
https://twitter.com/BritWomenLs/status/1354482456133574662?s=20

They only care to consoom. Simply investing puts you ahead of 80% of the population. Well done fren, you're going to make it.

Taking profits is good. In this thread I'll show you how to do it and why.

WHY?

Profit taking lets you remove the emotions from trading. Anyone who was around for 2017 knows this. It's easy to look at the BTC chart and think "if only I'd bought the bottom and sold the top." In reality, very few did. The vast majority of traders bought and sold sporadically. They didn't set any concrete goals (other than "make it" or "pay off that mortgage”) and reacted emotionally when their portfolio went up and down. This is why you hear so many stories of anons losing everything or breaking even and so few stories of people becoming crypto millionaires.

Profit taking acts as a hedge against this. This happens for two reasons:
1) Rewards for personal milestones. If you just sit there watching your portfolio blow up, you're going to get greedy or fearful based on how the market's doing each day. If you take profits at pre-decided intervals, you'll have smaller cash out events to look forward to and tide you over before the big one.
2) Risk management. With a good profit taking plan, you'll minimize or eliminate losses by retracting your initial investment before your first 10x, and make sure you have at least doubled or quadrupled your liquid gains in the event that you completely fuck up timing a market peak.

In the next post, I’ll explain how to take profits the right way.

buying more AQMS today

>>28185032
Yer mum starting an onlyfans.

>>27757153
pls crash ether so i can buy more

>>27749744
I didn't know it was on FTX already. Nice

>>27736676
It's sad how true that cycle is, and why I fucking love gatekeeping. Also, well done fren.

>>27630902
I just wish I'd bought more on that share offering dip. Oh well, easy to say with hindsight.

SNDL anon you've convinced me, dont let me down.

>>27608075
You know what, I'm in

I made some damn good gains this past week frens, this ones on me

u buy my bitcoin?