/biz/ - Business & Finance

>>57012794
Because people have regarded low time preference mindsets.

It’s literally as simple as you said. Buy and hold Bitcoin. But they won’t, they’ll search for any new narrative or alt that will give them a far riskier chance at 1000x and likely lose it all. Same situation over at wallstreetbets

Just fucking buy and hold bitcoin people. This is the only way we will move into a new world financial system. Buy the longer you resist, the longer it takes and the poorer you become.

>>57012823
Exactly. The faster you understand you won't be the next crypto millionaire with shitcoins and NFTs, the faster you will join the club of early BTC buyers (in terms of decades). But people don't like money, they like gambling and losing.

Because exchanges are dogshit and I buy MSTR. Anyone acoomulating shares? what's your price target?

>>57013006
The whole point of the thing is to have your own wallet, with your own key, removing the need to trust MSTR, or exchanges, crypto or not, or the government, that your assets will be safe.

>>57012988
Checked and based.

Not sure what the best course of action is. I try to comment in threads of substance here and spread the good word (as it was shared with me and helped orange pill me, partially in 2016 and fully in 2020). The more who get it, the faster we get there…

>>57013056
You need an exchange to buy

>>57012988
>>57013136
Started on boarding as much fiat as I can. I am with you bros.

>>57012794
I just said fuck it and took a loan to top up my folio. Got some shib, doge,link, eth and btc and some trump as a good luck charm for 2024.
We're all going to make it

>>57013006
I have like $6k in $MSTR
I have like $60k in mining stocks such as $BITF, $CLSK, $HUT etc.
Check the bullruns they always outperform.
Taxes are aids though, I'm slowly moving to stacking more sats directly.

I had 200 ETH and I sold them all at $900

Because swing trading and getting fat airdrops for getting rugged on-chain is much more profitable when you're a poor. Once I got into six figure hell it made sense to have a permanent buy and hold stack.

>>57014646
Pretty based. Thinking about buying back and staking from home with rocket pool or lido?

>>57014694
More like buying a shotgun and painting the walls
I bought ETH yesterday after all this time and now things are going down again

>>57012794
I like buying ETH instead, it generally has higher returns than BTC. It's basically the same principal though.

>>57014710
Don’t fret. anon had eth since 2016 and btc since 2013 and less than 50k all together but I’m not worried. Actually really excited about eth staking and btc. Just dca and don’t even make jokes about killing yiurself like that. Seriously joking about it for yourself is bad. Tell trannys online to kill them self instead. That’s a positive

>>57014858
Thank you for the advice, fren, you are a true fren, fren

>>57014624
checked

>>57012794
I did but I never took profits so I still feel like shit.

>>57012823
>phonefag
>reddit spacing

>>57012794
I did. Stay humble and stack sats unironically.

>>57013006
I need to short MSTR to make profit and then buy a dip. Same with MARA.

>>57014630
I dont understand mining stocks, how do you monitor all the moving parts of a mining company? shit could go wrong. Specially the halvening is so taxing on them.

>>57015037
so tell us your shorts bigboy

>>57012794
Because I was a retard that bought and hold xrp

>>57012794
This, just hold it is what works

>>57012794
But bitcoin will not work in big. Better to choose anything else that works on big. Like ETH can works in big. Or:

>>57012794
I did. I bought between November 2022 and January 2023, then I added to my stack between May and June during the dip.
Still holding strong and I will continue holding until I believe we've topped out, after which BTC will rally another 50% as it always does.

>>57012794
You have no idea bro, I am autistic. I tried to convince my mother to buy BTC and ETH back in 2017 but she didn't believe in it
I had no cash and I am too retarded to make money

>>57012794
>dude just wait 4 years and maybe you'll make ten thousand dollars

A trend that has been ongoing for a few years can never be vroken right?

>>57012794
Still DCAing into BTC and holding with Tap Fintech, Anon. That badass lets me grip fiat and over 40 cryptos all in one slick interface.

>>57013774
I'll stick to regulated apps like Venmo, Tap, or Revolut to cop my buys, Anon. Funds are SAFU.

>>57013774
Are people really this brainwashed? I buy all my coins p2p, never even registered on a CEX.

>>57015037
Gonna short my bags to load up on some XTP and RIO. Everyone's got their own play, and mine's all about that utility game. Halving's on the horizon, and I ain't gonna miss out on those promising gains.

>>57012794
Oh but I did, that's literally all I did, DCA since 2021 and it was the best, well, besides slurping IQT

>>57016906
So you are child who knows nothing but heard of something and think you know stuff because of rumors.

Good thing your mother knows or you would have Lost all your familys money.

>>57017540
And you somehow feel proud about it?

>>57017529
And how the fuck you do that?

>>57017540
So your portfolio consists in 1 massively pumped with almost no profit potential and 1 shitcoin, based

>>57017540
I hate browns, and you seem to be brown, kys

>>57014624
>I just said fuck it and took a loan to top up my folio. Got some shib, doge,link, eth and btc and some trump as a good luck charm for 2024.
>We're all going to make it
You're the definition of a degenerate gambler and the opposite to OP.

>>57015167
you want to know the basics of reading a balance sheet
price goes up so much during halving it doesn't matter
and the fees are so high from ordinals that they are making the same on fees as block reward $

>>57012794
>2022:
>Jan 1: $47,737.77
>Dec 31: $16,547.50
THAT'S why, retard.

>>57014858
kys