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/biz/ - Business & Finance

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[ERROR] No.10178254 [Reply] [Original]

What would you do if you bought a shitcoin, knew in the long term that it is going to moon but in the short term your down 70% with no end in sight?

>> No.10178268

>>10178254

Not invest more than I could afford to lose so I don't feel pressured to sell and make emotional decisions and wagecuck until it moons.

>> No.10178282

>>10178254
>knew in the long term that it is going to moon

in this scenario i would praise god that ive been handed such an opportunity

i would then invest the absolute max amount i could, and probably pick up a second job or start dealing more weed to buy more

>> No.10178290

>>10178268
And keep tossing in more from each check to ladder in.

>> No.10178337

>>10178254
Spill the beans

>> No.10178395

>>10178337
I'm not going to specify which coin because /biz/ will say it's a scam regaurdless of what coin i say.

Although i will tell you I've lost $3200 on it so far. It's weird, I bought a $1000 worth of it mooned to $2000 and as i kept increasing my position it jest kept falling so now im back down to $2000.

>> No.10178439

>>10178337
its link

>> No.10178468

>>10178439
It's not that big of a shitcoin

>> No.10178480
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[ERROR]

>>10178337
>>10178395
>>10178468

im getting a bad feeling OP is going to eventually tell us what hes talking about and its going to be ridiculous
im talking sub 10m marketcap, never been mentioned on /biz/ before ridiculous

>> No.10178501

>>10178468
OST

>> No.10178525

>>10178480
I'm not going to say it but yes it's a sub $10m, it has an occasional thread

>> No.10178544

>>10178480
>>10178525
OH NO NO!

>> No.10178573

>>10178480

WTC

>> No.10178625

I just sold it so i can hopefully buy more later.

>> No.10178647

>>10178625
alright please say what coin it is, nobody else has to know

you have my attention, what do you know is going to moon in the long term, but you also have sold instead of just accumulating

>> No.10178716

0xbtc, right?

If so please sell to me, i <3 weak hands

>> No.10178741

>>10178254
> OP bought DERO.
Don't worry OP, it's gonna be fine.

>> No.10178755

>>10178647
I sold because as of right now their is no hype going on because of the awful community management of the coin. This combind with some shitty things the Devs have done absolutly killed the steam the coin had in the past. The coin also dosn't have any news coming for atleast a month so I can't see it going up for a while now.

The things the devs have done arn't detramental to the project itself so I think in the long term we'll be fine. I could go into all the details and tell you the name of the coin but I would be called a shill. I was more intrested in what people would do in my situation.

>>10178716
I would rather kill myself than touch that trash

>> No.10178800
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[ERROR]

>>10178741

>> No.10178856

>>10178755
Just say what it is, /biz/ is slow as fuck anyways. The shit won't suddenly moon because you mention it here.

>> No.10178875

I got a coin like this
TSL

I bought at like 2.8 cents and it is now literally half so I am down 50%.

I am unironically living the HODL meme,
It is an energy coin and I am convinced energy will be one USEFUL application of block chain.

>> No.10178889

>>10178856
Because >>10178741 guessed, yes I think DERO is going to moon.

The devs are garbage people, but once they create the foundation and release the source code I theirs no reason it shouldn't moon. It's already a good coin and they plan to make it better.

>> No.10179045

>>10178889
Nah, the devs are fucking great. They may be one of the best teams in the whole cryptosphere right now.

The only thing they did wrong was making announcements ahead of their time.
Examples:
- Saying the coin would become ASIC-resistant before evaluating whether it'd be secure or not.
- Saying the source code would be released in June without holding in consideration there may've been some delays caused by the incorporation process.

I don't think these mistakes were made with a scammy intent, nonetheless they hurt the price of the coin short term and this is not amusing to witness.

But yeah, the technology is just too good to let the coin die because of a couple of (justifiable) mistakes (or at least I hope so)

>> No.10179099

>>10179045
I know the devs aren't trying to be scammy it's just with the asic problem, source code problem, and the community manager being absolute garbage it's killed all talk about the coin. Just check the discord, reddit, whatever no one is talking about it when it's an absolute moon mission.

Hell turtlecoin still have people posting in their discord every 5 minuets and it's not even worth a sat and probatly never will be.