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25946894 No.25946894 [Reply] [Original]

...and totally forgot about it you would have done much better than what you are doing now. Which is checking the price 200 times a day, swinging it, pumping, fudding, and fretting about it. Even though you might say 'who has the time to wait five or ten years to get rich?' you waste precious hours of mental energy and emotion day in, day out fretting over your 0.3x when ignoring and living your live would have yielded a 10 to 1000x.

>The chatter and mental energy expended that might help your bottom line is never seen here, which would be talk around the fundamentals of the project, use cases, adoption, personnel, paradigm changes in a new economy, etc.

Most of you are in a Skinner Box. When the bird pecks the button it gets a food pellet. If it pecks the button and no food pellet the bird stops pecking. If the bird pecks and food pellets are given randomly after the peck the bird loses its shit and pecks like crazy because living organisms are built to strive against a limit, against a barrier that yields a successful result randomly because this what causes the organism to grow and understand the environment. If you aren't actually growing or making an effort you can get the Skinner Box effect from gambling or other degenerate activity because you are getting the thrill of random success but you have no chance of success because the odds won't let you or you are just a jerk off in the basement.

>> No.25947033

>>25946894
If I went all in in January 2011 into the S&P500, one of the best buy and hold funds on the market, I would have tripled my money in a decade.
I've tripled my money in 2 months with bitcoin.
What was your point?

>> No.25947162

>>25947033
>I've tripled my money in 2 months with bitcoin.

You feel good about the short term rise. There are a lot of short term drops too. What if you bought BTC in 2011? Would you have looked at every rise and fall? I guess the point is it's a paradox that the less you count the money as part of your net worth and the less you look at the price the better you'll do.

>> No.25947557

>>25946894
based OP
Ride it out bois

>> No.25947596

If you picked a random coin five years ago you would be broke now.

>> No.25947661

>>25946894
>not rebalancing your portfolio after one or more coins pumps +50%
ngmi

>> No.25947807

>>25947661
>>not rebalancing your portfolio after one or more coins pumps +50%

How long have you been doing that? You have to pay more taxes after doing that, right?

>>25947596
>If you picked a random coin five years ago you would be broke now.
If you picked a shitcoin, sure. I guess if you are holding for the long term you should be sure it will be around for a while like BTC, XMR, or stock like ADBE.

>> No.25947875

>>25946894

nice hindsight, faggot

>> No.25947898
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25947898

>>25947875
>nice hindsight,

It's always been this way, nigger.

>> No.25947908

>>25947807
Yeah, or XRP. Right?

>> No.25948042

>>25946894
I have learned the hard way through BTC and ETH that the best thing you can do is buy atleast a stack and lose your password. I was here in 2017 and fucked around. Now look. I also bought link at .30 but sold early. It is only a question of when it will take the fuck off. It will be the third and final coin before this whole thing is blown wide open. This is not a once or twice in a lifetime opportunity. It is the third in a trilogy. Going to put too much money in on the dip and ride it out. Fuck small profits m in it for the long haul now. Normies are at the gates my friends. This will pas you by.

>> No.25948048

>>25947908
>XRP

I never understood the story of XRP. Like I said, you have to be convinced the asset will have value in the future. It's not that hard to see what has a chance of being valuable in the future. Probably not some shit coin that needs the banking system to fall in love with it.

>> No.25948141

>>25947807
>You have to pay more taxes after doing that, right?
I'm not from the US, but probably still worth it even with those lovely crypto to crypto taxes

>> No.25948190

>>25948141
>US taxes

Fuck this place. Do they tax your own labor there like they do here too?