The current state of /biz/

[Anonymous No.29030074]

>holds token X
>sees token Y goes up
>"should I sell X for Y?"
>now holding Y
>"anon, how can you be this stupid not having Y"
>X goes up
>"WHY IS THIS SHITCOIN NEVER MOVING"
>continues in an endless cycle with some abnormalities
You see? /biz/ is all about buying high and selling low.

>3 days ago it was GRT
>2 days ago it was ALGO
>yesterday and today is BNB
The amount of FOMO is insane.
I went up 15x in 4 weeks by standing by a project and not chasing pumps, consider doing the same.

[Anonymous No.29030247]

Chasing pumps is fun though, and gives neets something to do. I have 90% of my holdings in good long term projects and the other 10% I toss around for the fuck of it. But yes there are a lot of brainlets who fomo into every coin of the week and then onto the next one when it crabs for 5 whole days

[Anonymous No.29030370]

>>29030074
Avax did this to me

[Anonymous No.29030512]

>>29030370
>token X did this to me
you did this to you kek

[Anonymous No.29030557]

>>29030512
Hahaha yes

[Anonymous No.29030595]

>>29030247
Same here i have 10% i use for fun daily. I got an office and everything in the house. my wife thinks im a genius all time broker who works hard for our money but really I play games all day and alt tab when she comes in my office. Sometimes she sees charts opened on screen and shes like omg anon youre so smart to understand all these numbers

[Anonymous No.29030670]

People really need to learn how to look at a longer timeframe. The vast majority of these people would have been better off DCAing and hodling bitcoin. I spent some time a few years ago chasing moonshots and was miserable and lost money, nowadays i simply have my money in assets that i believe will succeed on their own merit rather than artificial pumps that are coordinated on discord lol. What else is investing for?

If you want to turn $1 into $1000000 overnight, buy a lotto ticket.

[Anonymous No.29030704]

>>29030074
>not chasing pumps
This. Also chase dumps but instead of sell, buy.

[Anonymous No.29030778]

>>29030670
Literally every time I sell, a 20% gain happens and my new positing drops. It's been an endless loop and if I would have held everything from a month ago I'd be up $20k. I went and looked. Big regrets. And I just did it again this morning.

[Anonymous No.29031433]

>>29030074
i lost money since coming to /biz/ after having a really good run.

This place is TOXIC!

[Anonymous No.29031640]

>>29030074
If you are selling what you got in your hand to buy other coins you deserve to lose. If you don't have cash just wait

[Anonymous No.29031685]

>>29030778
Sold BTC at $26k
Sold BNB at $60
Swaped into ALGO the day it dipped 40%

The first tow were all me. The last one was /biz/ brainwashing...

[Anonymous No.29031714]

>>29030074
Ive found bnt. Its almost guaranteed to double ton10 but I think 15 20 is going to happen. Yolod it

[Anonymous No.29031782]

>>29030074
i made this mistake at first but am now accumulating my favourite 5 coins, feeling comfy

[Anonymous No.29031848]

>>29031685
Algo is legit. I jmgot out because I couldn't get a 5k stack to print 1 algo a day though

[Anonymous No.29032158]

>>29031848
even half an Algo is decent, imagine getting half a ETH every day. that's where Algo will be in a couple of years

[Anonymous No.29032197]

>>29031848
How do you mean?

I'm looking to run a node and stake on it. Got any thoughts on that?

[Anonymous No.29032219]

>>29030074
At some point there will be a large correction before the bull run continues. The board will be pink for a couple days, then the reddit tourists will "never again!!!!" and leave us the fuck alone until btc reaches ~$70k, then they'll all trickle back to buy the top and the cycle will repeat.

[Anonymous No.29032310]

>>29030074
retards want fast gains, do what >>29030247
does and hold most in a stable but upward moving coin like link, eth, btc and gamble the rest if you want to play wolf of wall st

[Anonymous No.29032319]

>>29031782
It's called day/swing trading; its a skill.

I accept that I currently don't outperform buy and hold.

[Anonymous No.29032329]

>>29031714
You see? You should just look for a project, make a price prediction compared to competitors, do research on it and just keep the project in your portfolio until you're near your target.

[Anonymous No.29032393]

>>29030074
Welcome to a crypto bull market.

[Anonymous No.29032432]

>>29030074
People on /biz/ aren't interested in chasing mid/long term profits, they want pump n dumps where their only options are 100x in a week or they perish like the dogs they are.

[Anonymous No.29032533]

>>29030074
Pretty much.

Step 1: coordinate pumps in secret discords
Step 2: come to /biz/ where everyone can see the coin you're shilling
Step 3 profit from FOMOing retards throwing all they have

Seems to be easy money, I wish I could code shit and had friends to create my own coins. This is why I'm never going to leave the bottom, too dumb to actually make money

[Anonymous No.29032547]

>>29032319
i dont have that skill and biz is useless for help so i just sit on shit now

[Anonymous No.29032558]

>>29032319
Patience is also a skill

[Anonymous No.29032691]

>>29032547
>Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude
Book by Mark Douglas
>Technical Analysis and Stock Market Profits by Richard Schabacker

[Anonymous No.29032728]

>>29030074
Yes, I have to admit that this triggers me a lot.

ETH went from 730 to 1800 in 4 weeks, then hovered around 1800 for 10 days.
And people complain why "ETH is a stablecoin and a bad investment."

Reading /biz/ is such a timewaste, I wish there was a way to filter ip's to just be left with the fun stuff - assuming fun and retarded stuff isn't strongly linked

[Anonymous No.29032759]

>>29032558
>Patience
I have plenty of that, Its my emotional state that sabotages me the most.

[Anonymous No.29033162]

>>29030074
It really takes a certain amount of self-control. Holding a coin that goes sideways seemingly like forever, only to occassionally jump up a measly 5%, while most of the other coins moon like mad and you watch them pumping higher and higher every day. Dunno, mate. It hurts.

[Anonymous No.29033359]

>>29031685
I'm calling to place more orders right now of Algo because it is legit if you plan on holding for more than a week. You'll want to be a part of it in some shape or form.

[Anonymous No.29033559]

>>29032691
thanks bro

[Anonymous No.29033649]

Biz has been pretty bad for a long time. 90% is a waste but there’s something decent things that pop up once in a while

[Anonymous No.29033958]

I like buying coins that biz ignores. Watch how many ZEC threads you see pop up when it moons over $1k....

[Anonymous No.29034294]

>>29031433
I made money after coming to biz

[Anonymous No.29034577]

>>29034294
100% this. Came here in december and aped all in to prq and 3x my networth.

[Anonymous No.29035901]

>>29030074
This is why biz doesn’t make money. They fomo into shit constantly and will never make it

[Anonymous No.29036914]

>>29030778
Maybe, whatever your first instincts are, do the opposite. You could be just an inverse genius aka complete retard

[Anonymous No.29037143]

>>29036914
I've begun moving most of my positions out of exchanges and to a wallet where I tend to just keep things I believe in. My wallet with VET and stuff has been making bank because I don't touch it.

[Anonymous No.29037516]

>>29037143
Yeah, I tried to be a cool trader dude and sucked at it, so I switched to hodling and am doing much better. Dabbling in trading again, but with a new mindset, lessons learned, and long assets in the wallet.

[Anonymous No.29038349]

>>29030074
>I went up 15x in 4 weeks
bollox

proof?

only way you could do that is in a PnD group

[Anonymous No.29038430]

>>29037516
I'm just going to leave a small amount in the exchange and see if I can double it by only doing one position at a time and studying one cyrpto, then send proceeds to wallet and repeat.