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/biz/ - Business & Finance

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30002791 No.30002791 [Reply] [Original]

From all the god damn talk of 100k by summer.

Sold at 43k..... 7k loss and I still owe 50k.
I'm totally fucking fucked my wife doesn't know yet but soon as the bills start coming it's over.

>> No.30002864

>>30002791
The litmus test strikes again

>> No.30002866

why the fuck did you sell?

>> No.30002867

>>30002791
larp

>> No.30002914

>>30002791
>took out loan because 100k by summer
>sold when it wasn't doing well in February

You're fucking retarded and your wife should slide her fuck meat around a strong, smart, big-dick bull like me.

>> No.30002921
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30002921

Are you retarded?

>> No.30002949

>>30002791
You learnt your lesson- dont listen to other people.
Also buy stuff no one is talking about yet. Once everyones talking about it you should be selling.
Dont be a sheep next time.

>> No.30002951

>>30002866
Because I thought it was gonna fucking bottom out all this bobo shit and talk of 30k by the end of the week I didn't want to completely fuck myself.

>> No.30002953

>>30002791
Put it back in, dummy.

>> No.30002968

>>30002791
Smart money move. I wish I could win like this.

>> No.30003094

sometimes I feel bad for making money from people like you. maybe I should stop trading and just hodl.

>> No.30003148
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30003148

>>30002791
Go all in on GME

>> No.30003160

>>30002791
>Sold at 43k
Why did you do something retarded like that OP

>> No.30003177

>>30002791
Just HODL, retard. Bullrun is getting started.

>> No.30003200

do you also pull out of your wife when you're having unprotected sex? jesus christ dude. get it together

>> No.30003226

Do people actually do this? I know this is likely a larp, but surely taking out a loan to buy crypto is just retarded?

I have ETH. If I lose it all tomorrow, I'm mildly retarded, but owe nothing. Avoid the loan Jew.

>> No.30003266

>>30002791
I like to believe at least some of these are real. This shit never fails to make me laugh.

>> No.30003313

>>30002791
all in on silver

>> No.30003392

>>30002951
>bought the top
>sold for a loss
>4chan
Checks out you dumb nigger

>> No.30003409

>>30003266
I am sure all of these that get posted here are BS, but I bet there are some dumb money weak hands that do this shit because they don't understand crypto and never been through a big shakeout before.

>> No.30003414

>>30003226
This is probably larp but if this run continues and we near 100k you will absolutely see people taking out insane loans and second mortgages and such

>> No.30003429

only retardeds sell lower than the price they bought lol

>> No.30003430

>>30003226
time value of money
back to /pol/ you financial illiterate

>> No.30003502

Yeah it's a larp you got me, I wouldn't be this retarded.
Had a few of you going.

>> No.30003513
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30003513

>>30002791
>taking a loan ever
>taking a loan to buy an extremely risky, volatile investment, known for suddenly crashing and losing 80% of it's value inside a few weeks

>> No.30003519

>>30002791
You borrowed money from the jews. They run the universe dude. The price will still go up. You better buy the dip at 30k.

>> No.30003582

>>30003502
damn it.

>> No.30003622

>>30002791
Just kys and you are wife can never hurt you and will have to foot the bill herself. :)

>> No.30003699
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30003699

>>30002791
Well since crypto is a zero-sum game, people like you (losers) are necessary so we /makeit/
Might as well let your wife suck my cock for a few satoshis anon

>> No.30003697

>>30003226
My dad always told me growing up to never owe anybody anything.
My mom always acted like I owed everything to her.
It's fucked me up in relationships because I can't accept gifts or acts without feeling there is some quid pro quo. I'm never in debt though.

>> No.30003732

Wah wah fucking wah. Woe is me, youre a retarded dopamine addict who wanted a rush. Stop making excuses to justify it. Provided this whole thing isnt just a larp.

>> No.30003735

>bought at the absolute top
>sold at the absolute bottom
Genuinely and unironically get IQ tested
no offense

>> No.30003736

1. If I took out a loan at 50k I would owe a lot more than 50k back.
2. If I bought it at 53k and sold at 43k but only put in 50k I wouldn't have lost 7k.

This was a math test most failed.

>> No.30003774

>>30003226
Ehhhh, I was realllly close to taking out a $20k loan in December because it was just obvious what was going to happen.
Would have worked pretty well for me.

>> No.30003817

>>30002791

If you can't even understand bubble dynamics you shouldn't be trading. You deserve what happend to you, let it be a lesson to be more careful with your money. That being said you now need to do extra hours in your wage cage and you can repay.

>> No.30003881

>>30002791
put it back in
play the roulette you fucking bitch

>> No.30003918
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30003918

>>30003817

>> No.30003948

>>30002791
there is zero reason to do this when you could have put it into some defi scheme and slowly paid off the loan with the interest

>> No.30004016

>>30003817

also tell your wife. Just get emotional and tell her you really thought it could solve all your financial problems and you fucked up. Repent faggot, extra points for tears. She will enjoy telling you what a piece of shit you are and then things return to normal while she tightens the collar.

>> No.30004191

>>30003226
accumulating liabilities denominated in fiat in order to accumulate assets in crypto is unironically a good move. who the fuck cares about owing people dollars that are about to become worthless? you just have to not be a caved in head retard who buys high and sells low.

>> No.30004210

>>30002791
not to add on to this dog pile but you had like 3 years of it crabbing getting only as high as 13k before dropping back to 9. Then you decide to yolo buy when it explodes to over 5 times that value in a matter of a couple months?

You fomo'd hard man

>> No.30004459

>>30003430

Ha Ha. Correct, I am a financial illiterate. I'm learning though, and I will check out Time Value.

But still think loans for crypto a bad idea. Am I wrong?

>> No.30004498

>>30003736
You absolute devil LMAO

>> No.30004510

>>30002791
put it all in urus you dumbdumb. you’ll make it all back by the end of the week

>> No.30004704

>>29999999
>>30000000

>> No.30004741

>>30002791
post proof

>> No.30004816

DIVERSIFY YOU MORON.
YES, EVEN IN CRYPTO.

>> No.30004821

>>30004459
Depends on the leverage you use.
If you can pay off the loan in case of the crypto shitting the bed, youre just leveraging yourself a little bit.
Leverage trading is essentially the same as buying with debt.

>> No.30004823
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30004823

>>30004498