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/biz/ - Business & Finance

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29879717 No.29879717 [Reply] [Original]

Just sold during these 2 minutes of green. Lost over half of my life savings.

>> No.29879782

>>29879717
you mean the last 2 minutes of
>REVERSE SHORT LADDER ATTACK
?

>> No.29879835

>>29879717
Buy the dip

>> No.29879848

How do you reply to a comment on 4chan? Please don't tell me to kms

>> No.29879881

>>29879782
I don't know what that means. You faggots said I would be making way better money than with stocks, but I have never seen my portfolio go down by so much so fast except with this funny internet money.

>> No.29879960

>>29879848
You click their numbers, so I'm replying to you by clicking "29879848" which opens a reply box.

>> No.29879965

Either do some good research or just aim for the long HODL. We are still early annon brother

>> No.29880011

>>29879960
Wow thanks. Didn't look like a button. Thx for not telling me to kms. Bless you brother or sister. Greetings from Scandinavia

>> No.29880118

>>29879848
>kms
Kys

>> No.29880141

>>29880118
Grow up

>> No.29880224

>>29879881
When did you buy in?

>> No.29880261
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29880261

>>29879848

>> No.29880288

>>29880141
Kys

>> No.29880337

>>29879717
Mate. During any stock market crash if you had bought at the peak, you would still on average be up again ten years later. Why lock in a loss if you don't have to.

>> No.29880339

>>29880224
mostly a couple weeks ago. i could have sold a lot of it for 30%+ profits, but it's ridiculous how everything can shit the bed simultaneously in a matter of minutes minutes.

>> No.29880345

just buy bitcoin faggot with no leverage

>> No.29880360

>>29879717
I truly hope you're larping, because you will likely deeply regret selling. Brace yourself for some rough weeks ahead.

>> No.29880382

>>29879881
Crypto as an asset class is more volatile. Meaning it goes up faster and harder. It also goes down faster and harder.

>> No.29880456

>>29880011
>Greetings from Scandinavia
Salem aleikum, brother!

>> No.29880470

>>29880339
Nature of the beast, unfortunately. Be sure to set your sell limits where you feel comfortable walking away. Anyway, give it a week or two, we'll be back at it.

>> No.29880492

>>29880360
people said i would regret selling 1 week ago but i would have cut my losses by more than 10%.

>> No.29880523

>>29880345
Can someone serious explain to me what leverage means? best regards Long time holder noob with way too much btc. Want to break 7figs

>> No.29880557

>>29880456
kek.

>> No.29880565

>>29880339
So you dumped half your life savings into crypto? Yeah you're not gonna make it. Markets are too volatile for lump sums to be a valid strategy. If you're not buying dips and DCAing into your crypto stacks you will see HUGE downswings and boomers like you are paperhanded faggots and sell at the first sign of red.
I've been DCAing since august and I'm up 10% for the week.

>> No.29880579
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29880579

>>29879717
Don't worry anon that money is now in better hands

>> No.29880661

>>29880523
It means this is a bubble and it's at the top

>> No.29880684

>>29880565
i can handle red. but usually it's not on everything simultaneously, for a week straight, with no real signs of recovery.

>> No.29880950
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29880950

about to witness a gorilla style lads

>> No.29881022
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29881022

Remember when this beaut was 1btc

>> No.29881049
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29881049

>>29879717
BTC was under $20K what seems like was a few weeks ago. How desu fampai. There's always an ATH around the corner and waiting for it has never failed as a strategy. As bad as you feel now, it'll be a whole lot worse when $65K is breached in 2 weeks.

>> No.29881113

>>29879717
How do you lose 50% of your life savings. I don’t see any coins in the top 10 that even if you bought the very top have dropped 50%.

>> No.29881180

gorilla fingers opening that 50k gorilla lips

>> No.29881187

>>29881049
it's been testing new floors everyday. volume dropped off massively and the little there is just selloffs. couple that with millennials that don't know what they're doing and are selling, have sold and will sell at the first drop i don't see how this could be true

>> No.29881214

>>29880492
>people said i would regret selling 1 week ago
And if you had done it, you'd be feeling slightly better now, but you would still be regretting it in the near future. I don't expect you to believe me and I probably sound like a delusional bull to you, but you will see. With crypto you need to stay emotionally detached and just hold, while taking some profits here and there, until it gets to the point of complete mania, something we have yet to see this run.

In any case, I wish you the best. Good night.

>> No.29881260

>>29881113
i unironically tried to swing and at first i made things better and then made it even worse

>> No.29881477

>>29881187
Certain moments definitely calls for certain moves that will make the most sense. Almost a year ago when everything went to total shit and ended up where it is/was a few weeks ago is what finally showed me that at the end of the day, the central banks will pump cash into everything even remotely close to being considered a security. Anything can happen and obviously cash on hand is important for urgent needs, but if sovereign notes can be put into something else it's probably not a bad time to do it.

>> No.29881636

>>29881214
This sexy anon beast gets it. You can try to time the market but it's impossible. Some may be lucky yes. But if you hold, you will see fortune down the road. We are still early.

>> No.29881775

>>29881214
There is no mania because crypto is kinda just stupid and most normal people already know what it is and won't touch it.

It was headed to the grave until COVID where it was bought as a doomer hedge.

>> No.29882062

>>29879717
At least you got out before it crashes to zero

>> No.29882094

>>29881775
>>>29881214
>There is no mania because crypto is kinda just stupid and most normal people already know what it is and won't touch it.
>
>It was headed to the grave until COVID where it was bought as a doomer hedge.
Wow yeah so true completely accurate

>> No.29882253

>>29882094
get ur head outta your butt. Wall Street already wrote crypto off and so did most of the normies. Only reason it bounced from the first crash was unlimited QE inflationary fears. That's why gold broke out too.