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/biz/ - Business & Finance

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11200021 No.11200021 [Reply] [Original]

Biz, I did it again. I bought high. $6730 to be exact. I also bought a low sat shitcoin, so now I'm down 12% in 24 hours.

Am I.... Stupid? I took an online IQ test a few years ago and scored 120. However, I'm starting to doubt it's accuracy.

>> No.11200024

haha link is shit

>> No.11200086

>>11200021
yes you are an idiot. it was clear we were going to dump.

>> No.11200088

>guys I did something I think may have been dumb
>I did an IQ test on the internet just now to check my dumb but computer say I not so dumb what is happening?????

You're a fucking cretin. Not because of your shitty trade though.

>> No.11200134

also used to think i was smart then fell for a basic ass scam and lost 0.1 btc for no reason.

>> No.11200193
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11200193

>>11200021
trading doesn't require high iq, in fact it may be harmful. Newton was a genius but he got fucked too.
You're trying to predict what an average investor is going to do, but trading against them.
I have a hypothesis that best traditional traders are psychopaths of slightly above average intelligence.
It's no longer true on wall street, because there algorithmic trading upped the game into 130+ iq sphere. It turns out it's easier to build a mathematical model of normie investor than to predict them directly.

>> No.11200248
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11200248

>>11200021
>had my buy orders set at $6500
>Waiting for days, doesn't get filled
>FOMO into a shitcoin on a verge of breaking out
>a few hours later everything dumps and I'm stuck with bags

>> No.11200266

>>11200021
Zoom out, you didn't do THAT bad. BTC will probably pass that point again. You won't be holding bags that long. We need some type of outside source to pump market (ETF).

>> No.11200283

>>11200021

Well, at least you didn't buy in december lol. -12% is a cheap price to pay for this lesson, some people are down like 90%

>> No.11200309
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11200309

>nolinkers beware of your fate

>> No.11200463
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11200463

>>11200088

0088... infinite hails to hitler.

What did you mean by that?