/biz/ - Business & Finance

>>54107474
Just buy low sell high

>>54107490
Not that easy.

If I buy and it goes -$200 and I HODL the purchase, assuming it will just go back up +$200 again, there is a chance it just dumps down -$1500 again, causing me to be at a $5k loss instead of just a $600 loss.

So often its better to buy back at a slight loss than it is to hold onto it hoping.

>>54107474
Maybe try trading with leverage to recoup what you lost

>>54107474
it's really simple: you're an NPC. accept it. most people are. i'd also like to trade some healing potions, please.

>>54107532
Nope. NPCs would never do what I do.

I swing trade multiple bitcoin every few minutes.

You think NPC normie are out here doing that?

No, NPC normies are buying the dip and HOLDING and catching knives and NEVER pressing the sell button because they're terrified of triggering a taxable event.

Ive single handily triggered more taxable events than all of /biz/ in the last week.

>>54107549
But why?
Are you trying to write off losses?

>>54107549
NPCs also hit return twice when starting a new line. they got programmed that way on reddit and are incapable to adapt their programming on their own. same thing with trading.

>>54107532
This. OP doesnt have the brains to swing trade yet he does it anyways, classic NPC move.

>>54107558
Just trying to make it. I dont care about triggering taxable events.

Id rather have winning trade get me from 6 to 7 figures and then to 8 figures, owing taxes, versus just HODLING like a NPC and waiting years and years for fed policy / the economy to go back to frivolously money printing just so the "number go up"


I want to make it before the bull run even happens. That can only be done swing-trading.

>>54107588
>>54107578
I am literally doing the opposite of 99% of people by using a bear market to make it VS waiting years for some mutt in the US to say "money printer on now lol"

Schrodingers order book

>>54107605
And yet youre losing money. NPCs exists only for the sole purpose of getting fleeced by the real players. Ive swug BTC along with ETH and stocks and am up 421% since 2022. If you dont have the brains for it then just buy bonds. Not being able to come to terms with your own lack of skill/intelligence is also what defines a fucking NPC. Fucking kid, stop whining and shitting up my already shat up board.

>>54107593
If you make it to 7 figures why would you risk it for 8?

Your needs are met at 7, but you probably want the fake rich guy lifestyle where one bump will send you off a cliff.

I do the hodl and been really comfortable since 2017, probably will hit 8 figures just chilling traveling keeping my expenses in check

>>54107633
Investing "safely" is not "safe" investing, its just slaving away in your youth for a comfortable retirement in your final decade. That is no way to "invest"

Who gives a fuck about being financially comfortable at 80. Youre almost fucking dead, money/investments is the least of your problems at that stage.

>>54107699
WTF are you talking about. I dont even give a shit about having expensive shit. I just want wealth to never have to do anything I dont want to do. Retard.

>>54107745
A couple million is plenty for a comfy life

But keep trading in sure you'll outsmart everyone biz posting to the top

>>54107788
Every one of you holdcels claim to have made it, but you havent ever posted proof. Every single hodler in the last 5 years is at breakeven unless you bought early in 2017 on the runup.

>>54107474
And then we decided to rig it, but the goyim still didn't figure it out.

>>54107807
>>54107699
>>54107788

Another thing. I doubt you "went all in" at the bottoms in 2018/2019/2020 to have had bought enough to have made it by now.

DCAing has been a gigantic failure if you look at crypto from the last 5 years.

Every HODLCEL copes with using DCA by looking at bitcoins entire 14 year history, as if the average DCAer has been DCAing for 14 years LOL

The average DCAer is in the red

>>54107828
The jews actually want you to DCA because DCAers act as consistent exit liquidity for jewish/big money.

Idk how you can think youre "redpilled" w

>>54107841
In Jason Lowery's book he describes bitcoin's expansion as Gabriel's horn where hodlers are the outside of the horn and the inside is 21m Bitcoin.

As it scales up the outside surface area is infinite, you're piece grows as more miners enter the network while the volume in the middle remains the same 21m

Look at bitcoin's hashrate, and Gabriel's horn diagram
Then look at the potential energy Bitcoin can tap into around the world


Trading is the most reckless thing you can ever do.
Risking your spot of Gabriel's horn with all the factors at play

>>54107841
Your trading a rigged market, just look at FTX and Almeda and how they traded against their customers.

Then look at the raw physics of what the Bitcoin protocol accomplishes

>>54107931
>>54107969
Youre talking like I dont understand how bitcoin works lol.

Fucking hell man its not 2013 anymore, every normie knows there will always only ever be 21M btc

But there will always be trading opportunities, and to NEVER take them is fucking stupid

>>54107474
you're a gambler with a negative edge
you're losing

everything's working as intended

>>54107969
>Bitcoin protocol accomplishes
>>54108056
It's not tied to the economy, it's manipulated with fiat which (((they))) have infinite of. They could crab it for 20 years or have it crash to $1 tomorrow.

>>54107969
I don't care who is doing the rigging, if you didn't sell when Elon shilled dogecoin on boomer Jewish funny TV show and Shiba inu went from $0 to $100000 quadrillion marketcap then I guess but and hold for half a decade for no gains and 30% loss is good enough

Nice reddit spacing

Retards are attacking you but don’t let their whinging make you ignore the concerns. Are you making real money? Why not leverage and read charts and make gains that way? Bots and software reads order books and reacts accordingly in 1/100 the reaction you have even if you have a bot doing it for you yourself. Instead, leverage with tight stop loss and make good gains this way. Assuming you have good reads you can make the same or more money you do now while not alerting the order books your plays. They are in fact likely watching for any subtle acuities in the volumes and exchanges. Binance as one example is a predatory exchange which hedges against their own users to float their bets. They have software which takes into account your trade and personally hunt you if you’re worth it, but to you the front end seems normal. Who controls mass amounts of liquidity on the market? Whales and institution - who hurt crypto in 2018-2020? One predator was binance.

Is it all binance and CZ? Of course not. But you are in water infested with sharks. Become tiny enough to eat the same rewards you do now while removing yourself from their sights. Dex trades accomplishes this.

>>54107474
What exchange do you use? Maybe add another exchange and see if trading there is similar. May help you narrow down the problem.

>>54108157
This is what i mean, imagine just blindly HODLing because muh 21 million

i guess if youre ok with making it when youre 60 years old, fine, go ahead and hodl and forget about it.

>>54108187
Binance, so the biggest exchange with the highest liquidity, so there shouldn't be any reason Im being hunted down for swing trading a few bitcoin

>>54107474
when you make a decision just do the oposite

>>54107605
>lol imagine being this delusional.
You are special anon.

>>54108203
You think there may not be a reason and I thought that as well. But I've witnessed them hunt my stop losses to the exact decimal on leverage trades worth 20000$ in value. It's not like there's some chink in a basement watching your trades and trading against you. A simple program or algorithm will do. Once you understand this it may help you trade better

>>54107474
You should just trade options instead bro that way you're not holding anything

>The problem isn't me trading blindly, it is the market that doesn't go in the direction I want

>>54108157
>>54108197
I think you're referencing SNL? But I really don't care or tap into what normies do.
Sure selling before interest rate hikes or NFTs mania peaked is smart in hindsight.

But at the same time where are you trading, what stable do you use, it's all so stupid.
I got everything right where I want it while the world's banks are failing

>>54107549
>I swing trade multiple bitcoin every few minutes.
That's your problem.

Have you grown a demo account?
Have you successfully practised your strategy on paper first?
Do you look at Support/Resistance?
Do you pay attention to higher timeframes?

I'm not telling you to not scalp, but you need to work out what your strategy is rather than reacting hyper-emotionally like you are in this thread.

>>54107474
Op you are clearly an idiot with too much confidence.

>>54108203
>Binance
swing trading on a centralised order book

>>54109133
>swing trading on a centralised order book
Yes

>>54109166
checked
in the casino, house always wins

>>54109166
If you aren't using leverage then you are mainly just spot buying and waiting. How are you making a loss in 2023 with bitcoin being as high as it is now?

>>54109235
Oh now I get it. The retard is trading bitcoin instead of buying it low using usdt and selling it high for usdt. He keeps the bitcoin so makes losses overall whenever it goes low. All this to save on taxes lol, I'm glad I live in a country that doesn't enforce this retardedness.

>>54107836
nigger wtf are you talking. i DCA'd throughout 2018 and 2019 and sold everything way too early, only realised $2.5m instead of like $100m profit. The average hodl fag makes ridiculous money in this market.
i held 40m dogecoin for 2 years and sold them as soon as they pumped to $0.006. half a year later that shit was at $0.5. you'd talk differently if you weren't a newfag

>>54109476
Ok you got lucky with some random shitcoins

Good luck DCAing into Bitcoin now, enjoy your "made it" gains in 2049

swing trading always ends in you losing

nothing personnel

>>54109476
That's what I dont get about this retard. Bitcoin hasn't been back down to 20k in 2023, two months in and this no-leverage faggot is complaining of making losses?

Swing traders get the rope
The end

>nobody ever makes it swing-trading!!!

Arent you sick of parroting this shit? Youre all fucking NPC drones calling me an NPC for going against what youve all been programmed to do

>>54109735
>Wah you're NPCs
NPCs think they're genius traders when they are not

>>54109735
You've really drunk your own Kool aid, eh?

>>54109735
You are here alone complaining about making losses swing trading faggot.

>>54109763
Heres the thing, I dont think im a genius trader.

I dont think im anything, but ive watched way too many pumps and dumps happen with bitcoin over the years on a daily/weekly/monthly basis, to just sit there and not start taking advantage of said price movements.

>>54109778
So you made a thread to vent about being mad that you haven't how to take advantage of the market? Am I correct?

Instead of being butthurt, why don't you post your strategy? What timeframe are you using?

>>54109794
I dont have a strategy other than, is big green candle there, or big red candles there.

>>54109803
Holy shit my dude - no wonder you're losing.

I only started learning TA in the past few months of being where you are. You need to learn Support/Resistance at least.
Losing fiat sucks, that's why I'm staying on a paper account until I'm in profit most days of the week.

Stop getting upset and start equipping yourself with tools. I really hope you're not on 1m/5m chart - take it up to the 1hr or 4hr so you're not as twitchy.

https://www.youtube.com/watch?v=pf60U5MaVNI

>>54107474
Why did you sell the bottom and buy the top anon you can set your chart to day candles and see the rsi is high or really low like anyone else the trick is buying low while everyone hesitates and selling high while the order book goes dead because the price stopped giving the erectile defunct boomers a chubby

>>54111351
You buy once sell once trading 50 times in a 2 day frame only makes any sense on a highly volatile new crypto bitcoin basically hit 19999 then went straight to 26000 in 2 days

>>54109778
The price movements are taking advantage of you anon

>>54107474
so you morons are
>without actual insider info
>paying huge fees each time you're placing a bet
>trying to predict the future based on previous random price fluctuations
>reacting to the news10000 x slower than, say, a trading bot
and wondering why you're losing?
fucking hopeless

>>54107474
>>54107490
>>54107518
it is that easy.

>>54107474
do you retards dont know about averaging down?
like why the fuck would you sell your entire port is beyond me

You are just a bad trader. Don't be sad about it, most people are terrible traders.

>>54112884
someone should make a chrome extension that does exactly this

>>54109910
TA niggers are the lowest IQ, followed closely by astrology fags
>>54109803
you are part of the midwit subgroup of the ones that trade. this group NEVER wins because they are a herd of sheep, the normies of trading. might as well go full retarded and learn TA, then at least you are gambling like in a casino

>>54107549
You're an idiot if you're actually trading that often. Just chill the fuck out. You're not supposed to swing BTC like shitcoins. Walk away and pay attention to macro indicators. This is exactly why you're losing - you have some kind of desperation, and like it or not, that makes you trade emotionally which means you're guaranteed to lose money.

>>54107807
trading shitcoins against emotional idiots like yourself and stacking those gains into BTC/ETH has worked pretty well

>>54114179
>>54114461
I want to start to learn and try out crypto trading. My capital is of 20k USD and I am willing to start with 1000 until I get the feeling of it, then go higher. Please frens, what do you advise me to do? What to learn, do to get into it. I don’t even plan to make millions but a good salary tier would be enough.

>>54107474
try a different exchange. the nyse et all do the same thing on face, making you believe your trades are suddenly worth less. can you view this all real time op before buying, initiating a transfer but not completing?

OP, the internet isn’t really a place anymore for the sort of discussion you’re trying to have. Notice the hostility you’re experiencing? You’ll get that anytime you are moderately informed on a topic and sincere. The internet functions based on minimal commitment. The moment you put the sort of energy into a discussion that you did in your OP, you already are losing. This post is the absolute maximum amount of commitment permissible on the modern internet. And the ideal response would have just been to forgo it entirely and call you a retard. Go make friends irl and talk this shit over with them.

>>54107549
lol

>>54115187
Interesting

>>54107474
You're probably trading according to logic. BTC is retarded and to be successful trading it, you must buy and sell like a retard.

>>54107474
kek, trading is definitely not for you. just buy and hold or DCA with trending narratives like AI or privacy.

Why swing trade right now when you can just open a long-term long?

>buy bitcoin
>hold
>when you read ath news, sell
>when you read "bitcoin is dead" news, buy
>repeat

>>54109735
95% of traders lose money long term.
Always has been. Youre just a dunning kruger tard. You can see the same phenomena with the redditfags on WSB, they got lucky and made profitable trades a few times in a bull market so they got cocky and believed they were some kind of geniuses btfoing the hedgies.
By the end of it all the wall street sharks destroyed them and all they were doing is posting their massive losses. Trading is just a small group of elite insiders and pros siphoning money from average joes.

Unless youre like that one japanese trading savant autist, all youre really doing is just gambling against the house that has an edge on you.

>>54107474
GOOD ADVICE OP

>>54107931
always hodl
always will
simple as

>>54107518
Stop loss nigger

Use them

>>54107474
High frequency trading algos automatically respond to your orders.

Groups also pay exchanges for layer 2 data to see your positions.

Exchanges also trade against their customers.

There are no regulations kek. What did you think was going to happen? Its not impossible to win but the odds are against you.