/biz/ - Business & Finance

>>7637202
https://www.youtube.com/watch?v=D6Ip75KzZi0

>buy shitcoin on one exchange
>sell it to newfags on another exchange for +50%

Lmaooooo

>£4.5k invested in crypto
>Goes up to £9k
>Now at £2.5k
>Feel like committing suicide

How do I carry on holding?

>35k in crypto
>$400 in the bank

Who /allin/ here?

How is this altcoin investing thing anything other than pure luck? You can put money in a shitcoin and have it moon 10 times or crash by 90% in a one month span and have no reliable way of determining which will happen. Looking at whitepapers is a joke, this market is comprised of retarded 20 somethings who trade based on memes and fomoing in when a coin is going up. 100% irrational market. There has to be way more people losing money in this than there are becoming millionaires, it's just reporting bias making it seem like crypto is a foolproof way to get rich quick because we hear of so many people who got lucky and got a few consecutive 10x's, but if these same people tried it all over again starting with $1k I doubt they could pull it off a second time.

/biz how can insurance for cryptocurrency fail?

Are we going to crash more? Can I start buying more now?

>A couple days ago get a tip on biz reddcoin is going to moon
>buy 12k @ 55sats
>Reddcoin to 70 sats and I sell because I wanted to buy DGB (@ 511 sats) for the "moon"
>Go to sleep and wake up to find reddcoin moon and im stuck with DGB bags


I'm going to cut my hands off because they are so weak.

xlm isnt dropping I can't increase my stack to 6.5k....

why aren't you buying LTC, anon?

>>5019541
Yeah it's called arbitrage trading and people usually get bots to do it


I want to try it but I'm all in hodling link

Times I tried for small margins it didn't work because there are fees and by the time you get it to the other exchange the price difference is gone
Plus you have entered have an account on a lot of shitty exchanges when I only like binance

>What's our plan B?
>...
>RUN!

>made my first million
>moved from duluth to manhattan
>lonely
>compared to the chads here im broke
>girls are so hot but always busy
>i trade for myself so I sound poorer than someone who works at wells fargo
>goldman sachs didnt respond back to my application
>blackstone did but said my education doesnt meet their criteria despite my trading history
>no friends
>havent had sex once in the year ive been here

what do i do bros

>his portfolio isn't 100% Ark

Are you upset about the fact that she wont be with you even if you had 1 billion dollara

>he posts the zillow link to his condo on tinder

you dont really do this do you?

>tfw your entire future hinges on how good of a digital chuck e cheese token a group of sketchy autistic programmers make, as well as on the autistic masses who buy more of them

When did you realize that your parents are retarded, brainwashed poorfags?

How did you cope with it?

>tfw just realized that it was all fake money and I can't cash out

What is the point of becoming rich when reproducing is unethical?

Does anyone else literally just refresh /biz/ and check blockfolio all day?

How the fuck do I find something else to do?

>tfw you will always be genitally mutilated and your dick will never work they way it was supposed to

>it's a legitimately good coin

>26 yo
>single, khv
>NEET
>still live with parents
>invested 10k in stock market and 10k in crypto
>tfw should be a millionaire by the time I'm 60 thanks to compound interest

AMA /biz/