/biz/ - Business & Finance

I have finally figured out the ultimate secret of making money through cryptocurrency.

As I'm sure many of you know, the price of various coins fluctuates – often very wildly. Every so often, one particular token will "moon" or, in other words, unexpectedly increase in value. Consequently, it will also receive an increase in recognition, leading buyers to flock towards it. However, this will inevitably lead to many owners or "holders" or even "HODLers", if you will, to sell their tokens for a profit. This can then lead to a subsequent "crash" (i.e. decrease in value). Perhaps, then, we can deduce that purchasing these coins is not necessarily the best move to make. Seems counterintuitive, no?

Herein lies the secret: instead of buying a particular coin after it has "mooned", it would be more prudent in fact to purchase the aforementioned coin beforehand, so as to be able to take advantage of the later increase in value and sell for a profit. Taking this into account, the business of cryptocurrency investment becomes as simple as pre-emptively knowing exactly which coins are about to "moon" – and, ideally, exactly when they will reach peak value – and simply buying those coins at that moment. I furthermore theorise that these principles could, perhaps, also be applicable to the stock market, or even commodities, although I would have to conduct further research to confirm this.

I hope this has been an illuminating revelation for many of you, and encourage you to try out these techniques for yourself. Report back with your results, thanks for reading, and good luck!

>have $200 to invest
>put $50 into four coins
>all increase 50%
>increase of $25×4=$100 profit
>or instead, go all in on one coin
>it increases 50%
>still $100 profit
please explain to me then how "overdiversifying" is a thing

hello /biz/, i need to make six million dollars in four years, starting from nothing. is this possible?

>find a volatile asset that swings up and down regularly, but always within a stable range
>set up an auto buy near the bottom and auto sell near the top
tell me why this isn't a great trading strategy

so say i bought GME at 300. if i buy now at 50 and it goes to at least 150, i've shrunk my loss no?