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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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22282225 No.22282225 [Reply] [Original]

Ok frens, let me level with you.
>been on this board since 2016
>22 years old now

I’ve made a lot of money trading ETH and LTC during the “bullrun” of 2016

I also made some money trading options earlier this year. Unfortunately I went from $500 > $30,000 and then I managed to lose it all.

I also made some money with LINK, going (long 3x) on Phemex.

So essentially long story short I’m back to sqaure 1, got caught on the wrong side of the market last week.

I’ll have roughly $5,000 to invest for starts (depending on how the market opens on Tuesday).

I’m thinking about setting up a DCA for LINK and never checking a chart for 10 years. I have a $50,000 job, and can afford to put around $1,200 a month into LINK (will be able to increase after I pay my debt down).

Should I do this? I really fucking love LINK

>> No.22282260

>>22282225
Kill yourself

>> No.22282271

>>22282225
How have you managed to lose it all? Does it have to do with leverage? If so, why are you still considering leverage and why don't you already have a LINK stack?

>> No.22282288

>>22282225
Please don’t waste your $ on shitcoins. Just DCA into BTC and a little ETH and you’ll be doing quite well in 5 years anon

>> No.22282292
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22282292

We’re all going to make it. I know this will hit $1000 EoY.

I’m asking essentially, diversify and try to keep gaming the options market? or soley DCA LINK?

>> No.22282312

>>22282225
How does it feel knowing that I'm also 22 with no job no degree and late to the party on link, went all in with $13k at $1 and will forever mog you?

>> No.22282342

>>22282292
>I’m asking essentially, diversify and try to keep gaming the options market? or soley DCA LINK?
Only buy LINK
Or do you want to stay on this board everyday, keep up with the latest pump and dump, rugpulls and always try to get out before it dumps down to zero, while still having the chance to lose everything and underperform compared to LINK?

>> No.22282344

>>22282225
I just watched the Uncut Gems last week. It was a fucking great movie.

>> No.22282348

>>22282288
Boring but true. BTC will probably be worth a mil in your lifetime.
As bad as people want to use crypto for something, Link can't do anything that encryption cant.

>> No.22282349

Better off doing 40/40/20 in BTC/ETH/LINK, considering you're just buying now. I like LINK a lot too, but it's still a riskier investment than BTC or ETH to be honest.

>> No.22282366

>>22282312
based

>> No.22282383

Nah the only way to make it with link is to buy and hodl, and judging by your post that seems to be something you would be incapable of doing

>> No.22282387

>>22282342
Unironically believes LINK is anything other than a complete shitcoin...

>> No.22282397

>>22282312
t. lazy nigger

>> No.22282433

>>22282397
I'm currently working on my OSCP and can make minimum $100k a year starting within 6 months. What are you doing with your life, anon?

>> No.22282464
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22282464

>>22282312
I’m happy for you fren. I don’t have time for envy. I simply want gains so I can afford a nice house on a lake to spend time with my kids and wife, cooking Smores over a nice campfire.

>>22282342
I think I’m just going to take all my money on Tuesday and start DCA-ing out of my paycheck

>>22282348
Does BTC have to succeed for LINK to succeed?

>>22282383
Yup, lol. I need to work on this. I think I still have some time (maybe).

>> No.22282518

>>22282433
>I'm currently working on my OSCP
If you honestly think only the fact that you passed your OSCP will land you a job (especially in this economy) shows how big of a retard you are

>> No.22282556
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22282556

>>22282271
I didn’t really “lose” it all yet. I probably have around $5,000 left after tuesday.

I got greedy, and bought some short term call options on QQQ and then the market dropped quick and I took a 50% Loss.

So we’ll see. I’m fine for now, I wish the best of luck to all of you frens. At the end of the day, if I end up (simply not in debt) I’m in a better position than everyone in my family.

A small win is still a win....

>> No.22282900
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22282900

>>22282556
holy shit you retard stop gambling and just DCA link what the fuck

>> No.22283294

>>22282556
>Tony Zhang
A wop chink that can't help but combine gambling with personal finance bullshit? What the fuck is going on here lmao.

>> No.22283499
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22283499

>>22283294
Lmfao. I don’t control the robinhood “stories” or whatever. It’s because apple is on my watchlist.

Anyways, I’ve convinced myself. Setting up an auto DCA, into LINK and not looking at any charts, for atleast 5 years...

Wish me luck anons. As always, you guys are the best, and I hope you find something that fulfills you.