/biz/ - Business & Finance

>>30237675
Just hang in there til the inevitable recovery. I bought 10k worth of etfs last week just before the huge market correction. Literally hours before it started. It sucks man but you just gotta play the long game sometimes.

>>30237876
how much did you lost?

>>30237997
Just did some calculations and it's about 30% just like you kek
I'm in some profitable trades on BTC at least.

>>30238128
what would you recommend to a beginner with a 5k portfolio to do? I am mentally destroyed rn and this is my only way out

>>30237675
>just buy the dip bro

>>30238214
I bought all the dips, but they diped a lot more lol

either hodl or sell its the only viable options. Personally after I make sizable gains Im probably selling everything then going back to stocks(not daytrading) and buying some precious metals on the side, crypto feels like such shit half the time and unlike stocks its mostly nonsense and luck

>>30237675
Btw tomorrow is going to be blood red, so you better cut your losses rn and salvage what you can to turn that ship around

>>30238201
$ROPE

I sold my entire stack of Doge ten seconds before Elons first tweet about it.

>>30237675
Stop looking at it for a month, and then pee your pants when you see what the number is.

Everything I own is up? Especially ersdl

>>30238276
just be more picky with your entry points, don't overdiversify, and don't buy all at once.

this is just a small, small taste of what is coming anons. anyone who held through 2018 WISHES they sold at a loss this high in the crash lmao

>>30238321
What makes you say that? What makes tomorrow so special?

>>30238201
Don't panic sell if you don't like selling at a loss. Shit always bounces back (until one day it actually crashes and we enter the bear market).
In January I entered a BTC trade at 39k and it proceeded to plummet to 30k right after and stay like that a couple weeks. I didn't sell at a loss. I just waited until it went back up again and I was suddenly back in profit.
If you want to day trade and not just long term invest then I would suggest sticking with blue chips (coins that you know will go up in the future, like btc or eth).
Ladder your buys/sells so you don't go all in at the worst entries. And always keep a portion of your stack in reserve to buy the bigger corrections (not just small dips).

>>30237675
Should have bought BTC.

>>30238321
lol according to this board the market crashed 50 times during the last two months, you're all a bunch of pathetic faggots

>>30238737
>>30237675
It's either that or we will see a small rebound bull trap tomorrow before everyone gets dumped on Monday

HODL

>TFW You just got into the market a couple weeks ago and have already suffered years worth of losses because crash

>>30239072
Excellent... I'm salivating bobro I can't wait to buy some cheapies to swing with again. You better keep your word about this dump.

>>30239260
there always needs to be a bagholder, your sacrifice is appreciated anon

>>30238376
are those legs from runescape lmao

>>30239260
welcome to this shitshow

>>30239260
this, at this point I just want to make back what I lost so I can quit crypto, don't even want to make any gains anymore