[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 35 KB, 438x584, 1611806901182m.jpg [View same] [iqdb] [saucenao] [google]
27125856 No.27125856 [Reply] [Original]

Is buying the dip a meme? Every time I bought the dip it just kept going down until my money was all gone. I have a sneaking suspicion people who tell me to buy the dip aren't trying to be helpful at all...

>> No.27125898

>>27125856
You buy the dip when it's obviously not in fucking free-fall

>> No.27125956

Buy the dip,
do a flip!

>> No.27126004
File: 47 KB, 346x280, Q.png [View same] [iqdb] [saucenao] [google]
27126004

>>27125856
Your passing the bag around

>> No.27126040

>>27125856
Milk

>> No.27126295

>>27125898
Every time someone tells me to hold and buy the dip it goes into freefall and I lose everything. Why are my internet friends on /biz/ giving me unhelpful advice?

>> No.27126483

>>27125856
you buy the dip on real companies trading below value not magic internet money that could disappear tomorrow and nobody would give a fuck

>> No.27126591

>>27125856

Low hanging tits

>> No.27127145
File: 16 KB, 1619x144, ebin.png [View same] [iqdb] [saucenao] [google]
27127145

>>27125856
I'm a retard who never read any books about investing, never did DD, doesn't even know what a technical or fundamental analysis is, and still, I'm making money and haven't made any significant loss ever.

My strategy is simple, I look out for dips (literally just by lurking yahoo's loser stock screener) and whenever there is a big-name viable company that takes a 4-5% or more loss, I buy.
If it loses more the following day, I buy. It keeps losing? I still buy. As long as it's not in deep shit for good reasons I know my money won't evaporate and I just hodl. I play with a small amount of money, since I transitioned to etoro I started with around 3500$ and I already made a 30% profit. I probably could make more if I actually used my brain but for now this is good enough for me.

Buy the dip (on safe stocks), hodl if you must, grow a pair of balls and learn to be chill even if your account is red, stocks only go up.

>> No.27127268

>>27125856
Those that say buy the dip are either clueless parrots or those that gave at least a basic understanding of chart reading and understanding support versus resistance. These concepts apply to crypto and stocks. It dates back centuries and is a basic understanding of human psychology. YouTube it.

>> No.27127369
File: 7 KB, 217x232, 1611849747789.jpg [View same] [iqdb] [saucenao] [google]
27127369

>>27126295
>taking financial advice from a Bhutanese sandal stitching forum

>> No.27127397

>>27127145
this. I dunno why people try to complicate it

>> No.27127652

>>27127145
I bought the dip on dogecoin and wiped out $10,000 anon. It was all my savings.

>> No.27127749

>>27125856
What exactly is it you're buying? I take it that it's scammy meme coins because everything else recovers in time. Or is it perhaps that you have jelly hands and end up selling before it recovers?

>> No.27127775

>>27127652
I can't say I trade a lot of crypto, last week I bought BTC at 34k and kept buying while it went down to 29 then sold a 37k. I don't know anything about other coins though so I don't know if there is any "safe" coin.

>> No.27127786

Buy the top

>> No.27127829

>>27126295
you sell off right away on memes. you take the small profit. pigs get slaughtered.

>> No.27127850

>>27125856
>Is buying the dip a meme?
Is your pic related a man?
There's your answer.

>> No.27127944

>>27127652
What part of DOGECOIN at an all time high told you that it was a good time to fomo in? Shaneequa on twitter who said her shares were doing sum?

>> No.27128056
File: 229 KB, 1200x1733, Alia_Shawkat.jpg [View same] [iqdb] [saucenao] [google]
27128056

>>27125856
Your taste in girls must be the same as you sense in finance