[ 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: 24 KB, 500x500, 164681.jpg [View same] [iqdb] [saucenao] [google]
56838553 No.56838553 [Reply] [Original]

>Buy BTC at the top because i fell for the FOMO (58k)
>Wait for it to blow up
>It goes down to 43
>Sell because i don't want to lose any more money
>decide to wait up and see what happens
>Buy at 29k
>It goes down to 20k
>You have to be fucking kidding me
This has been happening to me ever since 2021 and even though im able to predict altcoin movements i never manage to proffit off BTC. What can i do bros?

>> No.56838561

Alarms. A lot, a stupidly huge amount of alarms all set up weekly and refreshed each week by yourself. I used to have the same problem until i stopped using dextools and switched to dexscreener. They let you put very specific alarms (i have the phone app) so you dont have to be checking on the charts every single day.
Plus if you feel like a move is about to happen you can check the info on the traders, see if they're accumulating or if they're prepping in for a sell. Useful alpha, all free.

>> No.56838562

>>56838553
>he still believes in BTC
oh brother o mine

>> No.56838563

>>56838553
how can you predict the movement of altcoins but fail with btc which is easier? larping?

>> No.56838566

>>56838561
I never managed to get around using any alarms on trade because i often put my phone in silence and i forget to turn it off. Doesn't work for me

>> No.56838573

>>56838566
>a family member gets injured
>they have (you) as their emergency contact
>they call
>no response because (you) decided to be a whiny bitch
>they die because they can't get them to help fast enough
>no one in your family knows until days later when you file a missing person report, go to check on bodies and find them dead
dont make my mistake anon, dont silence your phone

>> No.56838576
File: 16 KB, 294x296, 1627427525690.jpg [View same] [iqdb] [saucenao] [google]
56838576

>>56838561
dextools, dexscreener, dexsex, every time i lurk here y'all be using a different dex its exhausting

>> No.56838579

>>56838573
i think you're just projecting

>> No.56838584

>>56838573
what the fuck are you talking about, the most that would happen is that the call would bounce and then they would call my mother or something

>> No.56838592
File: 134 KB, 313x291, 1602156885562.png [View same] [iqdb] [saucenao] [google]
56838592

>>56838573
Can't have this problem if no one in your family has you as their emergency contact

>> No.56838593

>>56838576
i just use dexscreener bc it be free

>> No.56838595

>>56838563
Not all alts mimic BTC in movement

>> No.56838601

>>56838553
İ am new

>> No.56838813
File: 119 KB, 1000x1000, 1626286948748.png [View same] [iqdb] [saucenao] [google]
56838813

>>56838601
welcome bud, i hope you dont end up as deranged and psychotic as i a did after 3 years on biz

>> No.56838816

>>56838576
why dont you sex a women huh?

>> No.56838818

>>56838561
>Huge alpha
>Protected by a paywall
Not using your shitapp

>> No.56838820

>>56838818
Its free dumbass

>> No.56838821

>>56838818
>its free
anon?

>> No.56838823

>>56838818
go back

>> No.56838825
File: 52 KB, 600x800, 1620940817651.jpg [View same] [iqdb] [saucenao] [google]
56838825

>>56838818
>Huge alpha
>Protected by a paywall
>LOOK BROS IM SO FUNNY IM SO IRONIC

>> No.56838826

>>56838818
this is why you wont ever make it

>> No.56838831

>>56838818
L+ratio+you've never read in your life+ignorant+your parents dont love you+ go back to using chinknance

>> No.56838901

>>56838592
satanichia's warm and smelly anus

>> No.56839109

>>56838601
Hello friend. Let me tell you about the Jews

>> No.56839137

>>56838573
Do you even own a phone Ranjeet? If your phone is on silent it generally still vibrates and a notification is displayed.

>> No.56839141

>>56838553
DCA you fucking retard.

>> No.56839156

I don't sell at a loss, simple as. I only buy and continue to look at my average buy in.
Quick maffs:
>Buy 1 BTC @ 58k
>Don't sell
>Buy another 1 BTC @ 29k
>Average buy in = 47.5k
>I only have to wait till 47.5k and anything above is now profit
>Price drops to 20k? Buy 1 more
>Average buy in now only 35k
It's so easy it's unreal.
You just need patience and time, something the ADHD generation lack.
This doesn't work with shitcoins or dead trash like that though, you are just throwing money into the void.

>> No.56839191

>buy BTC at $1.5k in 2017
>Sell 20% of my holdings at $10k
>Annoyed that I didn't sell the top at $20k
>wait through the bear market
>sell some more at 20k, 30k, 50k
>Annoyed it didn't hit my next sell target at 75k
>Wait through the bear market
>Decide to buy more bitcoin at 20k when the market was in despair
>Annoyed I bought just before the FTX crash
>Wait
>Bitcoin is now at 39k and I will sell some at 50, 75, 100 and beyond

Buying low and selling high isn't actually that hard over the long term, but people don't have the patience

>> No.56839208

>>56839191
Mistake - my first buy was 2.5k

>> No.56839241

>>56838553
DCA you stupid fucking retard.

>> No.56839941
File: 248 KB, 1469x444, godtraders.jpg [View same] [iqdb] [saucenao] [google]
56839941

>>56838553
OP, please read and implement the strategy in my picture.
>>56838601
you too