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/biz/ - Business & Finance

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12552743 No.12552743 [Reply] [Original]

>You could buy 90% of the coinmarketcap top100 coins, 100-1M each with only 10K $

why are you not buying them all? you could literally buy apple in the 70's with the price of a used toyota corolla.

i fucking bet every horse on the race. some of them are so hilariously cheap that i dont give a fuck if they are scams.

is this it? i cannot lose this.

>> No.12552754

>>12552743
i own 150 different altcoin companies now. im sure im not the only one. or am i? why would fomo all-in into one shitcoin because you can buy them all.

its like collecting pokemons, gotta catch 'em all!

>> No.12552766

I used to be all in one now I'm in three looking to max out around five

>> No.12552782

i bought every single altcoin which has +10M$ volume. i surely do have some with less volume but i keep an eye of them. i have accounts on dozen different exchanges and i must write them all down because otherwise i forget them.

>> No.12552800

>>12552754
>I own 150 different altcoin companies now
Anon, I think you should do some more research into what cryptocurrency is exactly. These are not shares of stock.

>> No.12552840

>>12552743
Because link exists and I’m all in on it

>> No.12552875

>>12552743
Diversification has been agreed upon to be a bad stategy for poorfags (Sub 10k portfolios).

60% to 80% should be in your lowest risk/highest DD hold. Then swinging is the strategy to become not a poorfag. Shotgun ten to fifteen percent into a second top pick, then scatter to one's wishes.

Every decision made doubles risk. Buying everything at the top must be more risky and with less reward than actually knowing where the fundamentals are (and being patient).

Losing is certainly unlikely, if you trust yourself to surely lose in not defining actual gainers. The market will only remain irrational, too, for so long.

>> No.12552888

>>12552840
quite risky strategy to go all in one one coin.

>> No.12552939

>>12552875
i wouldn't call it a risky because most of the top-100 altcoin prices are like sub dollar easily. this is not a fucking nasdaq. they are so low priced especially because we are in bear markets that the risk is super low.

of course i have diversified most percent to top 10 coins and not so much of the rest.

swing trading is for gamblers, not for retards in /biz/ of course you could fall to those memes
" if you swing trade 3% everyday you win" but its always "if"

also you lose plenty of your precious time and probably lose those swing profits on some mistake trade or exit scam.

in the long run only investor hodlers win because they get paid every couple of years with 1000x profits. that is alot of swing noob trades. god knows how much time you lost swinging (gambling)