/biz/ - Business & Finance

damn i just did some major purchases
im gonna close my portfolio until monday and pray

Relax and go for the dip

>>28586381
>he bought
THIS IS YOUR FUCKING FAULT

>>28586399
do it
pull the trigger
DO IT PUSSY

kept you waiting

I just lost 3k$ on GRT...

>>28586335
what even

>>28586439
DON'T FUCKING PUSH ME FAGGOT, I'M LOSING EVERYTHING AND WON'T GO DOWN ALONE

>>28586492
I'M NOT ASKING
I'M TELLING

>>28586533

I fucking hate crypto. Unlike stocks where you can go read and try to understand why things are going down, crypto you can't. No fucking way to know when the buzz will and everyone will start bailing on you.

Worse than that, since crypto goes up and down all the time, whenever it drops it's never an indication on whether you should sell because it can shoot right back up at anytime and you're fucked.

You can play the long game and, my coin is at $1 I bought in at $0.35. It can go right back down to 0.35 no problem. Or I can sell while it's still around $1. But if I do it can go up to $1.25 or $1.5 in the next 12 hours who the fuck can know.

Crypto is absolute shit and I hate it.

>>28586664
You can. if something goes up 200% in a day or in a few days you can easily tell it's gonna crash at some point.

>>28586725
Nah that's still not a good indicator. How far is it going to go down before rebounding? That's the big issue. It's "crashed" multiple times on its way up to $1.

>>28586664
the stock market is the same. Theres no rhyme or reason to any of this shit. If you really want to have a grasp on things you have to learn momentum, volume, and the DOM. Those studies at least attempt to define market sentiment.

>>28586664
Enjoy your shitty 5% boomer gains a year. You want to get rich and 10x your money? You must have the skin and the balls in order to play this game. Can't take crypto's shit? You don't deserve its gains. Now fuck off.

>>28586664
Nah.. If you play the long game in crypto you can win. Buy on the lows and sell on the highs. You don't have to get in on the lowest lows or sell on the highest highs. The swings in crypto are so huge and happen frequently enough with almost predictable regularity. So it really doesn't matter. Just get in low get out high or just keep HODLing. Eventually you come out on top. Patience in crypto will make you rich slow.

>>28587177
Does it matter whether you hold or sell? From an percentage standpoint?

>>28587322
Do the math yourself retard!

>>28587177
I've been playing the crypto game since August last year. Last year I lost $3600 trying to predict and swing trade. With my last $1000 left it I tossed it into a single coin and didn't swing again. Now I'm back at $2800, was $3000 before the prices started dropping an hour ago.

Whether a drop is a reaction from a large increase, AKA a correction and it will go back up, or if the drop will be permanent and descend into a bear market.

Predicting the high before the drop is what I have a lot of difficulty with and if predicting this was so easy, everyone would be rich as fuck instead of investing in shitcoins like Hotdog trying to get rich quick.

The coin currency has significant buy pressure and little sell pressure which is what is making me hesitant to sell. Realistically the price shouldn't be dropping at all.

>>28586460
>bought the peak

im gonna fucking throw up

>>28586466
Remember, it's down the street, not across the road.

its just a shakeout niggers