[ 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: 91 KB, 300x250, pepe1.png [View same] [iqdb] [saucenao] [google]
10082624 No.10082624 [Reply] [Original]

> Started in crypto all the way back in 2013 (kinda) - got scammed for a Butterfly Labs preorder on ebay.

> Went away and ignored the market.

> Saw litecoin at $5 - decided to mine. Couldn't keep my miners cool. Sold daily.

> Saw litecoin at $20 & decided "Her dur - will follow bitcoin as silver now that we have ASICs" Sold a renthouse and bought Vertcoin, Litecoin & Fibonacci litecoin miners (scam).

> Turned $25K into $3K.

> Added $3K and split between Ethereum and Monero.

> Got bored and sold Monero at $1.50. Sold during bear market but made my $25K back on Ethereum (would be worth $4mil today / $10 mil at peak)

> "Hur dur you fucking faggot moron why are you posting?"

> Buddy got me re-involved in spring of 2017

> Sold all my old GPUs & put $5K in for 30,000 Tezos

> Added $3K and traded up to $100K without the shit ICOs (Leveraged long at 80% Segwit lockin, Monero at .014 / dump on Bithumb announcement for .05, 2 20% no risk trades on Bitmex when Arthur said in reddit no Tezos till 2018)

> Exited market at $10K bitcoin with $100K and bought another house.

Point here is you gotta fucking survive. 90% of the shitcoins around will not be alive in a sustained $5K bitcoin - or $3K bitcoin. $3K bitcoin will look like a dream to you if you currently own Verge, EOS, Link etc.

90% of people will not make it. You have to figure out how to survive, put fiat in at the bottom and be patient as god to make it. This is literally all you have to do.

Bitcoin will go to ATH again but 90% of the people in the market today won't make it.

>> No.10082636

>>10082624
> Muh reddit spacing.

Yea I know I like it this way more fuck off whipersnapper

>> No.10082858

>>10082624
>Biz will ignore this.

Good lessons brotha. The only thing more wasted on the young than youth, is usually wisdom. Are you gonna buy back in again?

>> No.10082883

>>10082624
>90% of the shitcoins around will not be alive in a sustained $5K bitcoin - or $3K bitcoin.
>You have to figure out how to survive, put fiat in at the bottom and be patient as god to make it.
This is good advice, holding current alts right now is goddamn suicide

>> No.10083007
File: 51 KB, 544x826, informationage.jpg [View same] [iqdb] [saucenao] [google]
10083007

>>10082858
>This is good advice, holding current alts right now is goddamn suicide

Yes I will try. I am having complications now with my rentals but the coins I want to own are Bitcoin, Monero & *maybe* Tezos.

Because Ethereum is a goddamned leaking ship when it comes to code quality.

People get so lost in emotion - they should read this book. Crypto is a short against existing government institutions (including the nationstate). The fact that Bitcoin has survived so long & so much (Including Ethereum, Segwit, etc) IMO means it gains more value every time around.

Monero because the CIA & SS is terrified of it.

>> No.10083424

F bitcoin, buy alts. 90% of alts will not die, this is a scam meme to get you to sell.

>> No.10083431
File: 11 KB, 343x295, 1483355876292.jpg [View same] [iqdb] [saucenao] [google]
10083431

>>10083424
>90% of alts will not die

>> No.10083436
File: 13 KB, 229x221, laughing keke.jpg [View same] [iqdb] [saucenao] [google]
10083436

>>10083424

>> No.10083449

larp the thread

lmao

>> No.10083482
File: 18 KB, 253x229, tumblr_o0y977rrgc1v0pigno1_400.jpg [View same] [iqdb] [saucenao] [google]
10083482

This is solid advice bro. I lost all my BTC in the first MtGox hack(yes the FIRST; 2011!) and did a lot of shit trading on Mintpal , BTC-E and whatever.

But if I hadn't lost all several times I would not have been able to take profit and locate good coins the last 2 years. Bought several 100 ETH at 4$ then spread profits to stuff like XMR, NEO and OMG last year. Took around 80k profits in May, now I just wait for bitccoin to reach 10k again.

I care 0 about "solid team" hurr durr, I just speculate in high volume coins and when I made my profit I wait. Patience and not overtrading is the winning concept

>> No.10083505

>>10083424
Yeah this. BTC is a fucking sham and useful alts will make it.

>> No.10083546

>>10083482
>Patience and not overtrading is the winning concept

This - THIS FUCKING RIGHT HERE

I want as many people who've lost it all now to survive and get rich off the next set of noobs.

I like "teams" (why I invested in Eth) but a lot - a LOT of even the qualified ones will be going leaving because they don't actually believe in the project without their $400K yearly salaries.

You guys srsly need to listen to this OG. Losing it all if you will pay attention serves as armor the next time around.

>> No.10083553

>>10082624
The point is you kept selling early and didn’t learn from your mistakes.

>> No.10084364

>>10083553
I came back. .

A few got rich. On a scale of 1 to 10 - I left with a larger % of my ATH than probably 80%+ did in this market. And I will be here for the next go around.

Those that don't survive won't.