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/biz/ - Business & Finance

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28970478 No.28970478 [Reply] [Original]

>buy coin for $1000
>pay $40 gas fee +$10 approve fee
>coin does 10x in 7 days
>sell for $10000
>pay $40 gas fee again
>$10000 - ($1000+40+40+10) = $8910 net profit
wow that was hard

>> No.28970712

most people will lose money in that scenario you dimwit if it were that simple everyone would be in a mansion on a yacht by now

>> No.28971010

I've tried up to 1 eth and transactions fail so people sometimes have to do multiple transactions.

>> No.28971126

>just 10x your money bro

>> No.28971173

>>28970478
Why don't you keep it on exchange ?

>> No.28971488

>>28970712
Except it is that simple. And the smart people have already done this.

>> No.28972158

>>28971488
>the smart people
fancy way of saying only a small percentage can win by design

>> No.28972252

>>28970478
exactly. gas fees are still being paid because people are profiting from them. so no, eth is not "dying" because of gas fees. people are happily profiting from eth trading every day. stop whining about it like a poorfag, people

>> No.28972329

>>28971010
what? what are you saying
it doesnt matter how much you are buying , it doesnt affect the speed

>> No.28972340

>>28972158
You sound like you have a victim mentality. You know who else has a victim mentality? Whores, trannies and niggers.

>> No.28972359

>>28970478
What coin? How can I get in?

>> No.28972742

>everything has pumped already
>buy random shitcoin for $1000
>pay $200 gas
>coin dumps
>try to get out early
>pay $200 gas
>???
>gj you have $100 left
wow that is truly some retarded shit

>> No.28972877

>>28972742
Only because you are retarded and are buying idiotic pump and dump shitcoins

>> No.28972894

>>28972340
Yes I'm sure you hate people who are aware of how your ponzi scheme works

>> No.28973056
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28973056

>>28972894
You couldn't define a ponzi even if you tried.

>> No.28973212

>>28972894
what the fuck are you doing in crypto then you retard? by your definition BTC or even gold or the stockmarket is a ponzi scheme

>> No.28973591

>>28972877
nah.
i'm a rich king.
just describing how it goes for most people.

also what i forgot to add:
>gotta pay highest fees to not get frontrun by uniswap frontrunning-bot
what a great system =)

>> No.28973803

I'm making so much money right now because of the elitism of ethereum users so please keep being lunatics. It's only driving more people to alt chains and I'm just making money hand over fist so keep it going!

>> No.28974036
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28974036

>>28970478
>>28970712
>>28971010
>>28971126
>>28971173
>>28971488
>>28972158
>>28972252
>>28972329
>>28972340
>>28972359
>>28972742
>>28972877
>>28972894
>>28973056
>>28973212
>>28973591
>>28973803
Buy nano

>> No.28974138

>>28973591
>i'm a rich king.
you are seething a lot, you must be very poor :))

>> No.28974934
File: 168 KB, 622x622, 1613431321858.jpg [View same] [iqdb] [saucenao] [google]
28974934

>>28970478
>>coin does 10x in 7 days

>> No.28975727

>>28970478
Soon
https://www.youtube.com/watch?v=7XXJH0V6WLY