[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 88 KB, 976x850, 320953290932059025.jpg [View same] [iqdb] [saucenao] [google]
56183481 No.56183481 [Reply] [Original]

Pretend you lost $100,000 playing with Leverage, and now you're starting from 0 again, and you dont have a high paying job, it was basically $100,000 of your savings in your early 30s.

What do you do?

>> No.56183489

>>56183481
I’d move back in with my parents and put every dollar I earn into bitcoin and then sell later when the blow off top happens

>> No.56183493

>>56183481
E. A, Sports. It's in the game.

>> No.56183495

>>56183489
Bitcoin only has 5x pump left from here. 5 x $100 isn't enought for a month rent.

>> No.56183516

>>56183481
Figure out what its going to take to never use leverage again, then begin trading again with simply longer term spot trading.

>>56183493
based

>> No.56183524

>>56183481
Kek
Sorry to hear, anon

>> No.56183534

>>56183516
Pretend you actually were trading on spot but wanted to make bigger gains per trade hence why the leverage trading started

>> No.56183560

>>56183481
You basically threw a winning lottery ticket away, and now you’re asking how to get another one.

The only chance you have is to live like a homeless person and generate as much income as humanly possible to be able to get 100k invested again.
Then you have to pray that the 4 year cycles continue for another decade because it’s very possible that this coming bullrun will be the last real chance to get the same returns we’ve enjoyed in the last 3 cycles.
The ETFs and institutional adoption is going to result in a massive bullrun at first, then the market will stabilize similar to stocks.

If you had a 100k portfolio invested in BTC, ETH, and/or Link right now, you’d be a millionaire in 2 years max.
I’m not trying to be a dick. Just trying to impress upon you how crucial it is for you to accumulate capital right now like your life depends upon it because it does.

>> No.56183574

I usually play leverage games with like, $20. Sometimes I make $100, sometimes I lose $100, but never $1k or more.
Steady, low profile, ignored leverage trades that no one will long or short against. That's how the game is played best, even better if it's on an alt not many trade on.

>> No.56183631

>>56183560
the cycles are already over, you're too optimistic

>> No.56183727

>>56183631
You’re probably right.
Once the ETFs get retail to sell, it’s all over. Even the most ardent BTC maxis won’t be able to say no to 100k+
After BTC has been successfully captured, the era of the CBDC hellscape will begin.

>> No.56183729

Keep gambling until I make it back or I inherit enough money that it’s a rounding error

>> No.56184431

>>56183481
i thank myself for playing and blame the market makers for manipulation

>> No.56184442

>>56184431
Its not though... the market makers were letting me win so long as I was like 5k - 10k away from liquidation price

When I started making positions 1k away from liquidation price is when they started manipulating to get me

>> No.56184464

>>56183481
Genuinely if I were that fucked, do I have a college degree? If no, I would go to college again. If yes, I would take actuarial exams and try to become an actuary. Then invest what I make from that job. Basically the same thing I have now.

>> No.56184468

>>56184442
only schizos think like that lol.

>> No.56184481
File: 152 KB, 625x500, 4d Chess.jpg [View same] [iqdb] [saucenao] [google]
56184481

>>56183631
>CRYPTO IS LE SCAM

>> No.56184484

>>56183481
Unironically? Deep dive into esoteric magic and increase luck.

>> No.56184573

>>56183481
Work overtime to buy as much LINK as possible before it rockets up

>> No.56184637

>>56183631
>there won't be another bull run
I don't know man, that's what people were saying in 2018~2020 when BTC dipped as low as $3k, then suddenly it shot up to $65k

>> No.56184716
File: 40 KB, 864x486, IMG_2226.jpg [View same] [iqdb] [saucenao] [google]
56184716

>>56183481
>pretend

Haha, yea. Imagine being that stupid…. Couldn’t be me.

>> No.56185611
File: 6 KB, 225x225, 1689872499387010.jpg [View same] [iqdb] [saucenao] [google]
56185611

do it again once i've saved up that capital in three years time but using kinetix this time to use x50 leverage.