/biz/ - Business & Finance

>>29407144
just buy and HODL you weak handed FAGGOT

>>29407144
You're not supposed to sell at a loss retard

>>29407144
>he unironically bought high and sold low
I swear to god you fuckers are retarded. Why do I keep coming here.

>>29407144
When talking about cryptocurrencies, bitcoin is the safest coin you will get

If you panic at buying bitcoin, I suggest you to not even think about buying any other coin

>>29408268
>>29408352
literally top traders said to sell, and i sold and lost a few hundred dollars on a 10k investment. It's expected to correct to some lower price, no?

>>29407144
fucking cunt; i hope you get financially destroyed, fool ! HODL AND FOMO !!!!

>>29407144
buy high sell low. never change, /biz/

>>29408408
>Top
>Traders
They were literally using you to buy low. Do the opposite of what others say.

>>29408408
>It's expected to correct to some lower price, no?

Nobody knows, this is kind of decision you have to make for yourself, nobody knows your investing goals, time-frame, risk aversion, amount of money to spend, better than yourself.

>>29407144
You're not supposed to sell at a loss, retard. If you miss the short just buy the dip and wait for it to rise again.

>>29408803
sounds like the GME holders...

unless you think btc is crashing down by like
80% you shouldn't sell on a position you would otherwise plan to hold for a while

>>29408408
Don't tell me you fell for youtube "trader" scams

dont let these motherfuckers tell you how you're supposed to feel.
this is day 1
this is hour 1

https://www.youtube.com/watch?v=h56y3bEp47o

>>29407144
Theres really a lot of newfags on this board. Look faggot, just buy bitcoin and hold it. When the price goes down you don't sell, retard. Bitcoin will have a few corrections but in the long run it will go up.

You can't time the fucking market in the short term, especially if you are a retarded newfag.
Do you think Warren Buffet immediatly sells when a stock is down 2% in a day? No he isn't a paperhanded bitch. Good investors invest into things they believe in and they don't care if the price goes down in the short term.

In a few months bitcoin will probably reach its top, could be somewhere between 100k-300k. Thats where you should slowly start taking profits.

>>29408937
Except this isnt some nigger shit stock. Why do you even invest your money if you dont know the difference between crypto and an actual useless nigger stock that is clearly being pumped by plebbit faggots.

>>29407144
>buy $500 worth of "bitcoin shares"
>immediately pee yourself and sell at the bottom
LMAO this isn't for you.

>>29407144
it depends if you're in for long term or short term anon

>>29407144
BTC is too big to fail without something catastrophic happening.
It has name recognition and is being adopted by colossal financial institutions.
You're meant to just throw a portion of your wagies into it each week/month and don't even look at the graphs.
Just don't be a faggot and keep buying and HODL tight.

>>29407144
What do you think about this strat i have been doing, i think rationally it does not make sense, but doing this has made me get all my gains. I get multiple positions during dips. Often these are not perfectly timed, and start of in big reds. As the market adjusts, i sell them off as soon the first geet into low 2 digit green percents. I do alot of trades this way and im thinking market spread is fucking me, but everytime i stuck to more holding, i ended up as a bagholder. Am i a boomer investor or is this actually how other people do it aswell?

>>29408937
>BTC is just like GME
Hey man, looks like crypto really isn't your thing. Just stick to index funds and 5% yearly returns. (-2% after inflation)

>>29407144
>BTC at 55k
>still has some potential for a 1.5x, more if you love risk
>sells at a small dip

You're supposed to buy the dip faggot.

>>29408937
You are a dumb fucking faggot for comparing GME with BTC. One was a reddit pump and dump shit with a company that almost all people hate, because they always lowball when you want to sell your games to them. Also almost nobody goes to the store to buy games, so GME will die for sure in the next few years.

BTC on the other hand was the best performing asset in the last decade. The bitcoin whitepaper is a fucking masterpiece and a big milestone in Computer Science. (I have a degree in CS btw). It invented blockchain technology, which is a huge deal already. But also it is a decentralized digital currency which no one controls and which is capped at 21million. If you have half a brain, you understand that bitcoin is a fucking game changer. Probably one of the biggest inventions since the internet itself.

You saw a straight line pointing up and thought "this isn't the top"?

>>29408408
>literally top traders said to sell, and i sold and lost a few hundred dollars on a 10k investment

somebody please tell me this isn't b8

>>29408268
to laugh at retards? and too feel good about hiw much better you are doing than the average anon

>>29408268
>Why do I keep coming here.
to laugh at retards? and to feel good about how much better you are doing than the average anon