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/biz/ - Business & Finance

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9441506 No.9441506 [Reply] [Original]

>Go on /biz/
>Read a shill thread for a coin you've barely heard about
>Get hyped up and buy in without doing your own research
>Coin goes down 20%, you panic
>Rather than selling and locking in losses, you begin visiting the coin's telegram/discord to cope
>Read a deluge of deluded second hand research from fellow bagholders that makes you think this coin is the second coming, despite not thinking that before actually investing
>Now your investment is down 40%, but you're 100% confident that it will do a 10x because the team/tech/idea is so damn good
>You begin posting shill threads on /biz/ to help cope
>and the cycle begins anew

>> No.9441520

HOLO ladies and gents

>> No.9441524
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9441524

>>9441506
This is literally how I went from 32k to 14k. JUST

>> No.9441586
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9441586

>>9441506
You’re projecting.

If people would just limit their losses things like this wouldn’t happen. It wouldn’t even begin if you would not add emotions into speculation.

>> No.9441618

>>9441586
Funnily enough I'm not. I've actually cut off many coins that ended up going -50% at -10%. My heaviest bag is a -20% at the moment, which is still within my range for this play (small allocation, need to wait for a date for specific action). You really underestimate how many retards here are fully emotional with their bags.

>> No.9441919
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9441919

>>9441506
thanks anon, good to know how people manage to lose money in crypto, i always wondered.
it's amazingly easy to put in the nesessary research if you're above 120 iQ, i went from 15k$ to ~300k$ within the last 6 months just by knowing what the fuck i put my money into
>>9441520
don't be the person OP's talking about, instead put some research into HOLO, elso you'll probably miss out big time on this one. i've got 20% in there and i expect it to be the most ROI coin for me this year.

>> No.9441931

yeah this is holo to a fucking t