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/biz/ - Business & Finance


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29715832 No.29715832 [Reply] [Original]

BROS i am absolutely shaking right now, rattling in my bones and absolutely panicing. I just need someone to give a direct guidance I can't take this stress anymore, I need guidance because I don't wanna lose my savings from months of working and living on rags. Should I sell right with what profits I made or will the bull run continue? I'm finishing my degree so I can't handle this stress right now it's really killing me inside out. I could forget about my wallet and just live on. would that be that be ideal? thanks guys

>> No.29715867

lol ur fucked

>> No.29715941
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29715941

>>29715832
if we are topping out, i think we will bounce around back to high's

but i don't think we topped out yet, a lot of institutional money is still entering the market

>> No.29716027

>>29715867
i am anon, i should sell, im simply too dumb to be playing with my money like this. what have I done.

>> No.29716165

>>29715941
but that means nothing, I've read deep enough to know 2017 had similar tales and its not convincing.

>> No.29716272

>>29715832
take some profits everywhere you're still up and reinvest in the morning

>> No.29717090

i cant believe how stupid i am, all this time i could have enjoyed being with with friends and family and saved up to invest in a car or something. hecj im not even sure I can even cash out so im not even selling. I want it to crash I want to learn this there are shortcuts to life and I deserve worse for expecting so

>> No.29717135

Don't invest more than you're willing to lose. :)

>> No.29717256

Just calm the fuck down. The money you've put in so far is a tiny drop in the bucket compared to the money you will earn over the course of your lifetime. Just quit checking the price for a few weeks. Over time, you'll stop giving so many fucks.

>> No.29717501

>>29717090
Just chill out. Biz is great when it's green but the second things are red it's all doomfud and bullshit. Ignore your portfolio over the weekend. End of month shorts are closing and it'll be alright next week. Focus on what you have now and ignore lost gains. You have to dissociate from it a little.

>> No.29717637

There's always the possibility of losing it all if you don't cash out in time. Right now tho I'd say we're about a year away from entering a bear market.

>> No.29718088

>>29717256
>>29717501
yea ur right, thanks you being here. biz did scare me to my core but I think im just not gonna care any more and thanks for being honest

>> No.29718189

>>29717637
thank you too

>> No.29718208
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29718208

>>29715832
why do you need your mommy to hold you op
come on, man up and have some patience

>> No.29718316

2017 was batshit. This is too but with more substance and better developed coins. Discussion is a lot more tech based behind the memes than it was then. But ultimately care less. From the sound of things you're using money you've saved up in the low to mid thousands, not borrowing and not fucking your life up, and if nothing else you've gained knowledge in an area that most people aren't really aware of, and a better understanding of your finances. As someone who fucked up in 2017 I can honestly say that this doesn't matter. You'll finish your degree, get a job and be fine. Like other anon said the money you're talking about now seems like everything you've worked towards but will honestly be inconsequential in your life.

>> No.29718367

>>29718208
i fucking wish I had sdomeone hold me i just had a panic attack and I lost thousands in seconds

>> No.29718620

And for real if you're not feeling it next week just find out how to cash out. Statistically you can't time the market right. Losses from a potential all time high is not the same as losses on what you put in and hardly anyone sells at the top, they're just the loudest voices. Consider it paying for a hobby and an education.

>> No.29718828

>>29718367
I know how you feel anon, it will be difficult now, but it will get better. Perhaps you should change your ideas of short term gains and think about the long term. Bitcoin will always go up, solid alta will always go up. They need time.

>> No.29718916

>>29718367
>not buying XRP The Standard™
shame.

>> No.29719849

>>29718316
>>29718828

i will get better anons, im just having good thoughts under the fucking sheets and watching cowboy beop but i wont cope or become an addict. im gonna close the browser and have a nap then but thanks for the info/data have a good one bros

>> No.29720337

>>29715832
Kid, just sell and don't look back, you are not made for this shit. Or HODL and comeback next olympics, not the one in Japan, the next one.

>> No.29720475

Anon, we will deep during the whole march until 30k then its a fucking freeway into 100k per bitcoin for 2 months straight. You would try to time the bottom and get in again if you pull out. Its going to be fucking insane.

>> No.29720783

>>29715832
>Investing more than your willing to lose.
Anon I....

>> No.29720866
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29720866

>>29715832

Liquidate everything, go away, and never return.
You're not suitable for this volatile market.
Seek something stable
Less volatile, less gain, less loss, less heart attack for you

>> No.29721044

>>29720866
this is solid advice, this crypto market either makes you or breaks you, im only one month into it, I could not sleep during the first 2 week, and was checking the charts every 2 hours, but now i only check 4 times a day

>> No.29721130

>>29715832
>I could forget about my wallet and just live on. would that be that be ideal
If you're invested in coins that you believe will increase in value in the long term, as you should be, then the only thing you'd be losing in this scenario would be the opportunity to try to swing trade on the way down/back up, and as we all know, most swingies get rekt. If your wallet is just a bunch of meme tokens then yeah, you should be panicking.

>> No.29721144

>>29715832
Take out your initial investment and a couple grand profit. Then go read the intelligent investor and don’t put another penny into the market until you can control yourself,

>> No.29721464

>>29718088
>biz did scare me to my core

jesus christ faggot stop being such a giant candyass and just HODL

you dont lose shit until you sell, too bad you miss out on a chance to buy even more at a cheaper price but thats on you.

>> No.29721723
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29721723

>>29721464
>you dont lose shit until you sell

>> No.29721986

Sell now, trust me you will double your stack between march 2nd and 12th. Shits going to get pretty wild.

>> No.29722057
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29722057

>>29715832
low T

>> No.29722563

>>29715832
>emotionally investing
Ngmi

>> No.29723059

>>29718316
>better developed coins this run
anon all the BSC shit is wwwwaaaaayyyy than the ICO scams

>> No.29723104

>>29723059
wwwwaaaaaayyyyyy worse lol

>> No.29723650

>>29716027
you're not dumb, you're just new.

>>29717090
i assume you're talking about btc? just look at the lifetime chart of it. hell, look at it in the past month alone. a few days of a downward trend means nothing.