/biz/ - Business & Finance

>>2740829

Buy 100k.

>>2740829
ive doubled my money hodling.

ive lost 50% of my profits trading bc TA doesn't work on imaginary money

HODL for life

>>2740875
TA doesn't work on anything.

>>2740895
Well you're obviously doing it wrong, because if you would do the opposite you would have a winning strategy. Unless TA is 50/50 and you're getting rekt by variance.

>>2740895
But don't apply it to low market cap coins

>>2741072

what is TA?

>>2740829
shitcoins are for daytrading, goodcoins are for hodling

I call my style ignorant and I have so far only given myself wrong with it.

Buy high sell low.

>>2740829

I'm not a poorfag so I just buy and hold

momentum/swing

>>2740829
Long term trading.

>>2741192

that is the main dif between long term and short term i guess, your capital and perspectives on business.

>>2741088
technical analysis...when u analyze the charts and try to predict if it will grow or if it will go down

>>2740829
Day trading.

Buying and holding cryptos and hoping for the 'moon' is gambling.

Exploiting predictable market reactions is not.

>>2741336
how did you learn to exploit predictable market reactions?

>>2741310
thanks bro.

>>2741346
good question!

how to aply the TA to this market???

>>2740829
Medieval Systems trading. Works pretty well in the modern days and crypto. Gotta thank medieval aristocrat Marcus Florenci for writing a book on it.

>>2741399
what are some of the key points?

>>2740829

I invest $5, panic when it doesn't moon in 3 minutes and sell to the lowest bidder.

Repeat until life savings are gone ($125).

Buy low, sell high. Works if the coin is solid. Except in the case of NMR where you think you buy low, but it wasn't low. Thanks NMR, for fucking me over.

But generally this strategy works :)

HODL bitcoin. Up about 100x so far on my ~$1000, hard to measure because some of my paycheck is in BTC and sometimes it's given to me for oddjobs.

Consistently lost money daytrading, I only do it with money I've earmarked to lose, so it's fine. Discovered lending on Polo. You can lend at like 15-20x APR, it's insane, and you don't need to monitor it or worry. Saves stress, saves time, big multiplier.

>>2741416
solid coins at the moment with good room for growth?

>>2741416

they all now in red :-(

>>2741453
How safe is it? How sure are you to get your money back?

>>2741567
I fudged a decimal place, it's 30%, not 17x APR. Though this varies a lot day-to-day, a few weeks ago it exceeded 40x for the better part of the day.

It's as safe as you think Polo is. Nobody is going to default, the way that their margin trading is set up, so the main risk is that you're unable to withdraw your money for 2 days at a time.

>>2740829
I usually either buy 100k or buy high sell low.

>>2740829
I know a guaranteed short term trading strategy but the catch is you barely make any money off of it.

>>2741411

u lose like a lot of money, dont ya?

>>2741716

Sprouting Bitbean heals my dying soul.

>majority in bitcoin, some money in promising shitcoins
>hodl
>never listen to /biz/

>>2742069

good thing about short term trading then.

>>2740829
buy high sell low

make sure to never make any profit

invest in bolivars and zimbabwe money

>>2742886

thanks, why in those?

>>2743076
so you can say you are a trillionaire

>>2743085
>mfw their bills have rocks on them

medium to long
about 16 cm

>>2743085

"Fire and forget" style of investing. Accumulate a whole lot of x, and act like you never had x. Come back y years later and your stacks are z stacks higher. Easy money, just takes time, easy.

>>2740829
I didn't get into crypto early so short term trading is the only sensible option for me. Long-term trading is too risky.

>>2743394

i cant see the problem if u have the moneis