/biz/ - Business & Finance

[Anonymous No.28770090]

clueless retard here - do you make more money leaving money in a crypto before you take profit or can you take a bunch of smaller amounts of profit out on the way up and still end up with the same amount as you would have if you waited and took out all the profit at once?

[Anonymous No.28770326]

for example

>person 1 buys a coin at $1
>coin goes to $5
>person 1 takes all profit

>person 2 buys a coin at $1
>coin goes to $5
>person 2 takes profit at $2, $3, $4 and $5

do person 1 and person 2 make the same amount of profit

[Anonymous No.28770344]

Post it

[Anonymous No.28770368]

>>28770090
Literally, submit right now

[Anonymous No.28770377]

>>28770326
are you genuinely retarded

[Anonymous No.28770405]

>>28770090
sauce?

[Anonymous No.28770414]

>>28770377
yeah

[Anonymous No.28770454]

>>28770090

Wow you are fucking retarded.

[Anonymous No.28770468]

>>28770414
I am so fucking glad I am not you

[Anonymous No.28770473]

>>28770454
just tell me i dunno how the fuck it works

[Anonymous No.28770497]

>>28770090
Are you for real this stupid?

[Anonymous No.28770500]

>>28770326
maybe crypto is not for you

[Anonymous No.28770517]

>>28770497
YESSSSSSSSSSSSSSSSSSSSSSSSSSSSS

[Anonymous No.28770546]

>>28770473
give sauce of OP pic and I'll tell you everything in excruciating details

[Anonymous No.28770547]

>>28770473
Why should we tell/teach you anything if your brain can't comprehend basic logic? Serious question here

[Anonymous No.28770583]

>>28770090
What race are you

[Anonymous No.28770598]

the answer is yes, of course it is the same retard
stay out of crypto

[Anonymous No.28770614]

>>28770473
if someone offers you two apples for a dollar right now, or five apples for a dollar next week, that’s the exact same fucking thing because the dollar is worthless and apples will be the only currency left after The Fall

[Anonymous No.28770712]

>>28770546
that's how I saved the pic lol

>>28770547
logic would tell me that you gain more if you leave it all in and take all profit at once in the end, otherwise why do people just let coins rise without taking out profit the entire time. besides fees, but you can use an exchange and not pay fees.

>>28770598
thanks lol

[Anonymous No.28771210]

>>28770712
>logic would tell me that you gain more if you leave it all in and take all profit at once in the end, otherwise why do people just let coins rise without taking out profit the entire time. besides fees, but you can use an exchange and not pay fees.
yes...
the reason people take some out is because sometimes the coin doesn't go up and it goes down and you just lost more than you would have, if you would have taken some out every once in a while

[Anonymous No.28771320]

>>28771210
yeah that makes sense I'm a newfag so I got paranoid wondering if the more you accumulate the more it multiplies and not just the initial amount you put in

[Anonymous No.28771647]

>>28770090
Are you from Detroit?

[Anonymous No.28771939]

you guys are funny

[Anonymous No.28772902]

>>28770090
>clueless retard here
You weren't joking

[Anonymous No.28773063]

>>28772902
yeah no shit, at least read my thought process behind this question and realize that I just didn't know how this works and it's not that I don't know how multiplication works.

[Anonymous No.28773885]

another retarded question but if you leave the profit in that effects the price of the coin right? so if you want to help something pump you wouldn't take out your profits?

[Anonymous No.28773972]

>>28770473
just buy ripple and never sell, you won't make money or have fun, but lets me honest, you won't anyway

NGMI

[Anonymous No.28774032]

>>28770326
>>28770090
Fucking smooth brains shitting the board

[Anonymous No.28774043]

>>28773972
I made 2k this week purely from dumb luck since I don't even know what's going on obviously

[Anonymous No.28774191]

>>28773885
>so if you want to help something pump you wouldn't take out your profits?
Yeah but unless you are a whale taking profits will not affect the coin, since the amount you are cashing out is minuscule in the grand scheme of things

Btw thanks for the laugh, I havent laughed this hard in days

[Anonymous No.28774257]

>>28773885
2/10 too obvious

[Anonymous No.28774344]

>>28770326
Do the exercise in excel and see for yourself

[Anonymous No.28774465]

>a thread died for this

[Anonymous No.28774544]

>>28774191
thanks and you're welcome lol

>>28774344
thanks for the suggestion but I understand now, I didn't know it was purely just a % increase from the initial investment

[Anonymous No.28774575]

>>28770090
are you a nigger?

[Anonymous No.28774589]

>>28774043
No one knows what is going on.

[Anonymous No.28774738]

>>28774589
Elon cashing out on normies, after GME, and kikes selling their worthless bags to redditors, look at doge at 0.06 is incredibly overvalued

[Anonymous No.28774941]

>>28773063
>I just didn't know how this works and it's not that I don't know how multiplication works
This is multiplication you mongoloid, it doesn't matter whether you're multiplying raw numbers, apples or nigger cocks in your wife's pussy. Multiplication is multiplication
>if I have 5 apples and sell two of them at $1 dollar and three of them at $4 do I make the same amount of money as I would If I sold them all at $4?

[Anonymous No.28775021]

>>28774941
yeah but I didn't know it was based only on that or if there were other factors

[Anonymous No.28775085]

don't give a fuck if I'm called a nigger for clarifying shit for myself it's anonymous anyway and now i know so suck my dick gaiafags

[Anonymous No.28775346]

>>28774941
>>if I have 5 apples and sell two of them at $1 dollar and three of them at $4 do I make the same amount of money as I would If I sold them all at $4?
this isn't what I asked btw

[Anonymous No.28775751]

>>28775346
>person 2 buys a coin at $1
>coin goes to $5
>person 2 takes profit at $2, $3, $4 and $5

Yes it is.

[Anonymous No.28776130]

>>28770712
Exchanges charge fees. You need to also learn how taxes work since you are a clueless tard and they will rape someone like you since you will go, 'I HAVE TO PAY TAX???!?!"

[Anonymous No.28776207]

>>28775751
how
>I have 5 apples and sell two of them at $1 dollar and three of them at $4
>total = $14

>sold them all at $4?
>total = $20


in my example I don't say you take the profit and put it back in and swing with it or anything so the end total would be the same for both

[Anonymous No.28776309]

oh my days, this is gold!!! Keep this thread going, please.

[Anonymous No.28776316]

>>28776207
What the fuck dude, I really can't tell if you're trolling or 12 years old. They are literally the same thing. Nobody said diddly dick about reinvesting or swinging but you.

[Anonymous No.28776432]

>if I sell at a lower price do I make less money?
I'm enjoying this bait. If it's not bait, OP you need to take all your money out of crypto, stocks, everything and get a simple job.

[Anonymous No.28776549]

>>28776316
oh I didn't mean buying 1 coin at $1 then selling it when it's worth $2 I mean just taking out any profit you made as it goes up if there aren't fees

[Anonymous No.28776654]

>>28770326
Ok, Ill eat the bait and tell you the truth.
No one knows where the top is, you could sell coin you bought for 1$ at 5$ and the coin would go to 30 dollars, someone who bought it from you for 5 is now making much more money than you because you're weakhanded faggot.

[Anonymous No.28776680]

Thanks, Op, I sold everything after reading this thread.

[Anonymous No.28776796]

>>28776549
Your fundamental understanding of what you're even doing is wrong. When you buy a coin, stock, or apple, you are buying the coin, stock, or apple. When the price goes up, you have to sell a coin, stock, or apple to get to your profits. Then if the price changes again, you no longer have the coin, stock, or apple.

[Anonymous No.28776799]

johnny has 5 apples and an extra chromosome. johnny eats 1 apple. johnny still have 5 apples but one is inside him now

[Anonymous No.28776916]

>>28770326
>smoothbrains discover crypto
Soon

[Anonymous No.28777166]

>>28770326
>person 1
entire coin goes 5X

>person 2
some of the coin goes 5X, some of goes 2x, etc..

person 2 makes less money

[Anonymous No.28777301]

>>28776654
sorry lemme explain better

a coin is worth $1.10
you buy 1
it goes up to $1.20
you gained 10 cents of profit
you convert 0.1 of the coin to tether
it goes up to $1.30
you convert 0.1 of the coin to tether
etc

it's the same as

a coin is worth $1.10
you buy 1
it goes up to $1.30
you gained 20 cents of profit
you convert 0.2 of the coin to tether

you don't gain more profit doing one thing over the other

[Anonymous No.28777308]

>>28770712
>logic would tell me that you gain more if you leave it all in and take all profit at once in the end, otherwise why do people just let coins rise without taking out profit the entire time
This is correct anon, ignore the idiot that said otherwise
Obviously you are risking the market dumping without you having got to your target

[Anonymous No.28777375]

>>28777166
how can only some of a coin go up?

[Anonymous No.28777432]

>>28777375
because you sell it in pieces GODDAMNIT

[Anonymous No.28777543]

My FUCKING sides

[Anonymous No.28777825]

>>28777301
>OP
https://www.youtube.com/watch?v=uH0hikcwjIA

[Anonymous No.28777828]

>>28777301
>Sets up the same logic puzzle as above identically.

Op you are absolutely retarded.

[Anonymous No.28778129]

>>28777828
how the fuck is the logic puzzle identical when in one example the 2 ending total profit amounts are different from each other but in the other example the 2 ending total profit amounts are the same

[Anonymous No.28778690]

>>28770090
this is the money coming into crypto right now and you guys wanna argue that we aren't nearing the top?

[Anonymous No.28778756]

>>28778129
Do the math fully. tardo

[Anonymous No.28778811]

>>28770326
No, person 2 makes less profit.

[Anonymous No.28778918]

I'm being gaslighted

[Anonymous No.28779017]

in this example: >>28777301 both people secured 20 cents of profit no??????

[Anonymous No.28779335]

>>28778811
actually, person 2 makes more profit, because they profited MORE TIMES you idiot. the more times you profit = MORE PROFIT.

[Anonymous No.28779394]

person a use gorilla glue as adhesive
person of color uses gorilla glue as hairspray

who is wrong?

[Anonymous No.28779593]

>>28778918
well you are a nigger and a faggot what do you expect

[Anonymous No.28779598]

>>28779017
Person 1, assuming everything says constant. Profits - 0.01 (+1), 0.03 (+2) - Still invested: .8 coin. So if person 1 sells the rest at +3, their total profits are 8 *.03 = .24 plus previous profits = .27

Person 2 profits - 0.0 (+0), 0.04 (+4). Total remaining coin = .8. If they also sold at the next bump, their potential profits are also .24 + other profits = .28.

Dumb fuck

[Anonymous No.28779608]

I'm referring to profit as any money you made that wasn't part of the initial investment

so you start with $1 and it becomes $1.20 the profit is just the 20 cents

>>28779335
so idk how they didn't both gain the same amount of profit

[Anonymous No.28779695]

>>28779608
Going to your retarded example, the person who takes .2 of the coin to tether has made .2 of 20 cents, or .04 cents profits. The first person only made .03 cents for the same .2 of the coin. This is excluding fees.

[Anonymous No.28779900]

>>28779598
>>28779695
holy fuck thanks I'm retarded as FUCK

[Anonymous No.28780039]

>>28779900
I was going to kms today but this thread cheered me up, thanks.

[Anonymous No.28780116]

>>28780039
I'm going to kms today now

[Anonymous No.28780137]

Another newfag here, at what point do you actually realize some of your gains, is there a general rule of thumb?

[Anonymous No.28780323]

>>28780137
>actually realize some of your gains
ngmi

[Anonymous No.28780401]

>>28779598
>>28779608
I wasn't even thinking at all about how your fuckin 1 coin is going down to .8 WTF

[Anonymous No.28780553]

>>28780401
i still dont believe op

[Anonymous No.28780742]

>>28780401
in many ways though, .8 is the better "position" to take in a coin, since it's more divisible.

[Anonymous No.28780775]

Thanks OP. After yesterday's dip i am in constant fear. Saw this thread now i am considering fucking selling and never looking at crypto again. I am not even kidding.

[Anonymous No.28780790]

>>28778690
I'm so glad I sold everything last Friday.

[Anonymous No.28780808]

>>28780137
Nobody can tell you this. It's up to you as the investor to figure out your strategy.

[Anonymous No.28780873]

>>28780742
it's less risky to take profit in increments instead of hoping it just shoots up and losing all profit if it goes down too but idk how I got this far in life without being declared mentally retarded

[Anonymous No.28781256]

>>28780873
no problem man we all figured it out at some time. I like to align my profits so they are symmetrical. So I can easily scale up or down, depending on my price targets.

[Anonymous No.28781368]

>>28770326
no because person b has less holdings by the time it hits $5, and thus less profit than a total sell at $5 only.

[Anonymous No.28781519]

>>28781256
nice tip man I'll try to apply similar strategies myself if the tumor in my brain doesn't take me out before I get the chance

[Anonymous No.28781556]

>>28770326
fucking retard you are person 2, a weak handed faggot that does x2, x1/2,x1/3, x1/4
easy enough to understand now

[Anonymous No.28781669]

>>28781368
yeah thanks for the simple explanation crazy how I left out such a crucial part like the fuckin coin amount going down

[Anonymous No.28781894]

>>28781669
You also mistakenly thought that you got the full price difference for a fractional sale-- you assumed .10 cents and .20 cents instead of the actual profit, which is coin amount * price.

[Anonymous No.28781981]

>>28778129
Logic isn't math. And you can take those numbers out entirely as all you are doing is logic and not math.

[Anonymous No.28782209]

What a way to wake up.
Legendary retard thread.

[Anonymous No.28782277]

Some random YouTube tutorial I followed for creating a 3D engine “from scratch” said something about at least understanding the problem domain enough fundamentally to be able to formulate the question that you are trying to answer. I never realized what not being able to ask a question looked like until I saw this thread

[Anonymous No.28782593]

>>28782277
I teach high school students and while OP is legitimately stupid, he at least eventually had some kind of mental clarity or "ah ha!" happen. Some people's gears just turn forever and they can never conceptualize the abstract. It's like the whole thing with a baby where you give them two glasses of water with the same amount and then pour one into a taller, thinner glass. Then you ask them which has more water and they pick the taller, thinner glass. Their little brains just can't understand.

[Anonymous No.28783082]

>>28779017
anon, the point is that person 1 in your example sells 0.2 of their coin, whereas person 2 sells only 0.1. meaning person 2 has in fact not only made 20 cents profit but still has 0,1 [coin] more than person 1, thus has made a profit of 40 ceents, should he choose to sell.

[Anonymous No.28783363]

>>28770614
The game was rigged from the start.

[Anonymous No.28784097]

>>28771320
You should be paranoid every time you hit submit for buying something. It is one thing to be new it is another to be this new and clueless and depending on 4chan for the most basic information.
You will lose a lot of money on your current path. Go to youtube, spend time searching for investing basements. It can be about stocks initially as there is far more real information.
Or, stay here and get fkin rekt.

[Anonymous No.28784209]

>>28770326
Wait guys lemme try

> Two guys buy 10 coins at $10 each
> Guy 1 sells all his 10 coins at $20, he now has $200
> Guy 2 sells his 10 coins at every dollar increment, so he sells 1 coin at $11, 1 coin at $12... etc
> 11+12+13+14+15+16+17+18+19+20=155
>Guy 2 now has $155, which is $45 less than Guy 1
>Guy 2 has even less money when he eventually buys a calculator

[Anonymous No.28784764]

>>28770377
I FUCKING KEK'D

[Anonymous No.28785162]

based retard

[Anonymous No.28785889]

>PERSON 1

COIN = $1.10
-> buy -> 1 COIN, 0 PROFIT
price raise to $1.20
9.09091% increase (0.0909091*1)
sell 0.0909091 of coin -> 0.9090909 COIN, 0.0909091 PROFIT
price raise to $1.30
9.09091% increase (0.0909091*0.9090909)
sell 0.08264463553 of coin -> 0.82644626447 COIN, 0.17355373553 PROFIT
price raise to $1.40
9.09091% increase (0.0909091*0.82644626447)
sell 0.0751314861 of coin -> 0.75131477837 COIN, 0.24868522163 PROFIT

>PERSON 2

COIN = $1.10
-> buy -> 1 COIN, 0 PROFIT
price raise to $1.40
27.2727% increase (0.272727*1)
sell 0.272727 of coin -> 0.727273 COIN, 0.272727 PROFIT


so person 1 made less profit but owns more of the coin and person 2 owns less of the coin but made more profit

[Anonymous No.28786101]

>>28785889
completely wrong, it's the other way around

[Anonymous No.28786871]

>>28786101
lul

[Anonymous No.28786914]

>>28770326
person 1 has a profit of $4
person 2 has a profit of $1.81

do muricans even have math classes?

[Anonymous No.28786998]

>>28770090
I was ready to make fun of op until I remembered that years ago I looked at a crypto token's price to determine the lowest-value cryptos, rather than the market cap.....plus I didn't even know what the fuck market cap was
Jesus Christ, I've come a long way

[Anonymous No.28787147]

>>28770090

[Anonymous No.28787619]

>>28770326
>person 2 sells his coin 4 times

[Anonymous No.28788828]

>>28787147
kek