/biz/ - Business & Finance

I don't think the fuckery is over. I've been wanting to buy all day, but I'm waiting a bit more. The whole market is illogical, but right now particularly so. Buying in right now could be the thing to do or the thing not to do. It's a gamble.

>>5383723
Looking at the charts the fall is far from over, the only thing that will slow it down is still Coinbase and co. getting taken offline. Americans etc. are still asleep, and another round of panic will set in once they wake up and realize that their emoney went down again. This might repeat for a few more days until it stabilizes who knows where. My bet would be between 3k and 5k.

>>5382097
Start slow instead of going all at once, chances are you'll fuck up at first. I started two days ago and ended up deciding to split my initial buy-in into a few smaller ones. Turned out it wasn't such a bad idea, and it's what makes me really not care about this downturn. I'll be able to get in with the rest at much lower prices than anticipated. So don't just "bet it all on black", do your research and try to be smart. If it's money that you need to live though, it might be dumb to invest in cryptos, as it's too unpredictable and it will make you to emotional. Mostly everything that dips ends up coming back up at some point (until the day it ends) but when you fuck up it can take a long time before that price point gets reached again, and if you can't let your funds just sit there for a while, you won't end in the positive.

>>5382143
Sonm/SNM was my first buy and is keeping me afloat. It only lost around 3,25% in the last few days, which is very reasonable and not so surprising since it was one of the few that wasn't pumped to death. With the jump that will come from their announcement soon, I should be able to make a good profit despite the market going to hell.