/biz/ - Business & Finance

Liquidation, followed by complete loss of trust from your father. Good luck faggot.

>>13621967
you going to get your cheeks busted once he figures out you lost all his money gambling on virtual chucky cheese tokens.

>>13621967
Trade stocks. At least you can pretend to know what is going on.

Return the money before you ruin your relationship with your father.

a reality check

making money from investments is haram

>>13621967
If you know basic charting and keep your leverage low you might be good

>>13622023
>>13622043
Honestly these, OP. Get out now. I made a prediction a while ago and I think it's going to come true.
>>13512381

Whatever the fuck you do with that money, absolutely DO NOT buy LINK if you don't intend to destroy Israel

Clench dem buttcheeks, you about to get rammed up da butt bitch boi

>>13621967
Two options:

1) Learn to do arbitage. You have enough to be able to trade cross-platform at a profit. Buy cheap on one platform, sell higher on another. Repeat.

2) Buy a lot of staking coins. I'd suggest going for a node or masternode if possible. You will need to keep a wallet open and do any little tasks the coin asks you to do (like voting) but these coins appreciate in value. Choose any coin that has been around at least 2 years.

I wouldn't do anything else outside of HODL a major coin (ETH, BTC, LTC, or NEO) as it's pretty risky. Most coins shilled here are shitcoins.

Rule of thumb: if it's under 2 years old it's shit. It WILL have price drops. Things 5+ years old are more stable.

>>13622422
Arbitrage is much less profitable post-2017 bullrun.

Anyone trying to teach themselves how to trade in a bear market is asking for trouble.

>>13621967
inshallah brother, you are going to make it as long as you stick to BTC and ETH and don't fall for the BART meme for day trading

>>13622450
>Anyone trying to teach themselves how to trade in a bear market is asking for trouble.

Agreed, though I feel it is the better trading option for a new trader with significant funds at the moment. Trying to do the traditional buy low and sell high in a bear market is very rough if it works at all. Shorting is tricky for newbies in general, even with all the guides out there.

It's a hard time to learn in. That's for sure.

Anon might want to paper trade for a few months just to help hedge bets. It beats losing 5k on beginner mistakes.

>>13622479
Paper trading would probably be best, yeah. I'd also advise against borrowing money to make investments. It's a terrible idea, and I've never met anyone or heard second-hand stories about anyone who got anything but debt from it.

You should check out my prediction

>>13622592
Barrowed 3.5k - sitting on 8.4k currently. Costs me 35$ every 2 weeks to keep my position open. Missed 3.1k profit in last 30 days. Really sucks i should have been above 10k if i made the moves i wanted to make: but oh well can't get everything right every time...

But i agree- most people barrow funds and fomo with said funds

>>13622648
Do yourself a favour: cash out soon, while you can still prove me wrong.

Don't get burned on the virtual poker code known as bitcoin. Invest in stocks on robinhood instead.

>>13622592
How about every leveraged buyout ever, George Soros and the pound, etc?

>>13622666
Checked-

I have a system at regular intervals where i convert my digital assets ( bank cash/ crypto / stocks) into physical cash on hand- then toss it into my safe... depending on trends- market feelings- and overall vs individual profit margins.

Its working well so far so I'm going to stick with this system i made up until october and then compare it to my previous method and see which was more profitable and make adjustments.

Keep in mind im mid to long term for the most of my postions and only throw a few hundo at memeshots

Put half in btc and other half in EOS and leave it for a year. Thank me later

>>13621967
You look too white in that crowd of mud. Are you Bosnian or Albanian?

>>13621967
just buy and hold, day trading is for retards and you will lose everything when you panic sell over and over

Buy the celr floor

>>13621967
A disappointed father

>>13622422
Tell me more about arbitage

>>13621967

Whatever you do DO NOT use the whole 5k. Start with like 100 and see how fast you lose it all. When you've lost it all you can give the rest back.

OR you can just buy and hold. Day trading is retarded anyway, you shouldn't force a trade if it's not there. I never understood why you should try to force a trade every day, it's fucking retarded.

>>13621967
Buy ETH while its undervalued

>>13621967
NO LEVERAGE OR YOU WILL LOSE IT
Buy one BTC and forget about it for few years.

>>13621967


https://beta.forkdelta.app/#!/trade/0xa8bdc8882987a3ed83d8030f08d64479f1eff731-ETH

>not buying TRUE
>Shorting OKeX
No wonder you're poor in 2019

Buy btt

>>13623393
Unironically this OP

>>13623393
Big if true. Just dropped an ether.

>>13621967

You must be stupid to bet it all on crypto holy jesus . If your risk orientated , you'll better off putting it on also some P2P lending plattforms with buyback guarantee options.

>>13623393
Thanks anon

>>13622023
god damn its an honor to post with someone this based and liquidation pilled

>>13621967
Get out of here muzzy

>>13622023
heed this warning op

>>13623393
Delete this kek why waste something like this on the shit dwellers of biz..

Tron

>>13622229
>charting
>cryptomarket

>>13622023
too real

Ark

>>13623393
BASED

ark 50$ eoy

>>13626487
GOD I'M HOPING

>>13627394
no way

>>13621967
a world of pain and suffering, but right now it's ok

>>13623393
This OP

Waste of time

i lost 100% of the 5k my dad lent me to trade. part of it was my shitty choices, and part was terrible luck.

also, if the money is not yours youre not as attached psychologically too it and are more likely to fuck up.

>>13623393
Unironically just went all in

Throw it all into Litecoin

>>13621967
what conditions?
the first thing i tell to people is that any investment in crypto should be seen as lost. the second thing i tell them is that i dont do it while rubbing my hands in my mind.