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/biz/ - Business & Finance


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12586318 No.12586318 [Reply] [Original]

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>> No.12586329

Who shorted the market? How could the Government allow this to happen? My money is gone.

>> No.12586335

>>12586329
I'm. Fucking. Ruined.

>> No.12586352

>>12586335
How much?

>> No.12586355
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12586355

>thousands of dollars
>poof

>> No.12586364

>>12586352
i put 20k in during Dec 2017, then another 20k when we went sideways at 6k
i have less than 8k now, want to killmyself every day

>> No.12586381

>>12586364
Haha
Not your year, my most new friend

>> No.12586385

>>12586364
Rice and beans anon, rice and beans

>> No.12586394

>>12586364
$40 isn't much.

>> No.12586395

>>12586355
>thousands

>> No.12586402

>>12586364
sounds like youre not done yet

>> No.12586409

>>12586402
are you implying its not over until i sell? because ive lost so fucking much I don't give a fuck at this point, bitcoin could go to 100 dollars and back to 20k and thats when ill fucking off myself.

>> No.12586425

>>12586364
If not LARP then that's pretty rough Anon. You can bounce back from this but it's gonna be a while till you can break even so just don't do anything stupid and ride it out.

>> No.12586435

>>12586394
To us forever poorfags 40 thousand is a lot of money.

>> No.12586456

>>12586425
why the hell would I lie about 40 thousand that's a year's pay for most people, I would lie about half a mil or something. This is my life savings fucking gone in a computer game so it's really hard to come to grips with. I was so fucking stupid to buy this shit.

>> No.12586463

>>12586435
>Don't invest what you're not willing to literally set on fire.
Didn't you ever learn that? Be prepared to lose it all. If that's too much for you, you shouldn't be gambling your money in crypto or any other stock.
Absolutely 0 sympathy

>> No.12586494

>>12586364
Not as bad as you, but down 20K (put money in from Jan to April). Recently DCA in Dec 2018 while ETH was in the 80's. Need a 3x to breakeven.

>> No.12586508

>>12586456
You took a chance, anon. A chance. What does that tell you? You dared. Things may not be going so well in the crypto space but this is the process of becoming a seasoned investor. Whether it is crypto or stocks, you learn from your mistakes.

A few years from now people will call you oldfag, they are gonna wish they had been here during the bear market. You'll have knowledge and experience. You'll tell stories of the euphoria and the utter disappointment and lack of will to live. You will have lived maybe many crypto cycles by then.

I know this all sucks rn but make the best of it. Learn from it. Don't see yourself as a loser, see yourself as an investor, a businessman in search of his next venture. Give yourself the importance you deserve cause if you don't, nobody else will. You feel that pain, congrats. That's experice. Now get up and don't fucking dare to give up. If we carry on with this fire within us, we will all make it eventually, don't lose your drive. Whether it's crypto or something else, we will all fucking make it. We will fucking make it.

>> No.12586511

Why not do sports betting?
Honestly you can at least win half the time. Look at how slowly crypto is bleeding you out.

>> No.12586513

>>12586364
Hey, I put 20k in and am sitting at 1.6k. I'd say you're doing pretty well.

>> No.12586522

>>12586508
Also reflect on being fucking dumb and greedy and where that gets you. Because if you don't do that, losing 40k will be all for naught.

>> No.12586526

>>12586364
Sell while its still 8k, thats still good money.

>> No.12586529

>>12586364
Oh, I didn't realize he put in 20k twice.

Sorry anon. There's only one thing to do, work work work work for it back.

>> No.12586532

>>12586508
thank you anon

>> No.12586574

>>12586508
Based investorfag

>> No.12586589

>>12586513
>(ID: Uh1On1My)


I think this is the one and only time in the history of 4chan that we'll see an ID with three words in it... at least you've got that anon

>> No.12586625
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12586625

>>12586318
Are you winning onii-chan...

>> No.12586734

>>12586625
NO.

>> No.12586753
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12586753

I put $1000 october 2017 turned into 22k didnt cash out now its less than $200 JUST

and I bought a shitload all through the first half of 2018 JUST JUST

>> No.12586757
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12586757

>>12586329
Sorry, it was me.

>> No.12586758

I only put in $1000 between BTC and ETH so that I could buy myself new gaming laptop and have plenty of cash left over

is it over boys? should I just get a regular job?

>> No.12586761

>>12586318
my grandfather has lost 250k in the boomer market since this summer. I know it hurts man. I know how badly you are kicking yourself, but im telling you, the fact this was going to happen was built into reality from the second the universe began. all you can do is move on

>> No.12586763
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12586763

>>12586318
>never knew that trying to make it could hurt like this

>> No.12586773

>>12586758
>new gaming laptop
you deserve your fate

>> No.12586778

>>12586761
>my grandfather has lost 250k in the boomer market since this summer
how much did he peak at?

>> No.12586783

I haven't lost anything crazy like you lot but I'm sad that I coulda made bank on ETH. Was gonna put in $1k when it was still a dollar a token or something like that. But I was too brainlet and lazy to work out how to purchase BTC to swap for it.
Currently I'm down to 5.7k from 6k that I put in at the end of last year.

>> No.12586785

>>12586778
his stocks were worth 750k now its worth 500k

>> No.12586794
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12586794

>>12586785
I guess his handshake wasn't firm enough

>> No.12586810

>>12586508
Fren posting aside. Life is not like super mario kart 64 where the game lets you catch back up even after you've been laped. Dont think because you are suffering now it will necessitate future success. If there's no evidence you should know what is going to happen you should look at it like gambling if you are putting more money to it than you can afford to have evaporate. If crypto reaches adoption it will not require much to make it. Even just living in a world with sound money should be considered making it because youll be able to keep the wealth you create through work once again

>> No.12586819

>>12586508
That was very sweet anon Now, let’s get your faggot ass back to fucking Reddit

>> No.12587100

I've lost way more than all of you and I will keep buying because this is a new asset class. It's being manipulated to shake you out. If you want off the hamster wheel keep buying and hodl. A 5 minute candle can change our fucking lives forever so stop whining like a little bitch and man up.

>> No.12587128

>>12586364
Just put in another 20k and you'll balance out dude.

>> No.12587129
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12587129

>>12587100
>"I-i just need to hack it until halving May 2020."
>"P-piece of cake".
JUST

>> No.12587146

>>12586508
nice thought, but people rarely learn from these types of mistakes. people's intuition from experience aren't designed to work out problems of chance.
someone losing their shirt at a casino doesn't teach him not to gamble, sometimes it even it encourages them to "get even" and take even more risks.

>> No.12587248
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12587248

>>12586456
you are what we call colateral dumbfuck
you don't understand the programming behind it
or why is it valuable in the first place (most expensive currency in the world)
when you break even you'll just exit and forget about it, since you don't get it
and then you'll regret everything

>> No.12587251

I lost $160,000. Did you lose more than me?

>> No.12587263

>>12586625
If sakura were my imouto I would have already won and there would be no need to gamble on internet meme money

>> No.12587304

>>12587251
No, I did not.

>> No.12587328
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12587328

>> No.12587330

>>12587304
Yeah well my salary is 30k per year and I'm on an annual contract kind of job that will fire me in December of this year. I've been holding almost everything in Bitcoin for about 15 months. Things aren't looking great for me.

>> No.12587373

>>12587330
Nobody wanted apple stock after Steve Jobs left apple. The people who held and didn't sell the bottom are rich now. If you sell the bottom you deserve to be poor. If you do not understand the technology or believe in it you should not be investing. If you need further encouragement, why would the worlds largest banks, investment firms, and tech companies be investing in the technology if they saw no future?

>> No.12587394
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12587394

*breathes in*

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.12587481

>>12587373
It just fucking hurts man. You know it hurts and like you and many others I've posted this same shit here all this time almost every day. We know.

>> No.12587507

>>12586785
Why tf didn't he sell?
>>12586794
Kek. Fucking boomers

>> No.12587514

>>12587373
>the bottom

People have been saying it's the bottom for over a year.

>> No.12587519

>>12587330
regardless if you believe in crypto or not, you really need to learn some financial risk management. you shouldn't be putting your life savings into anything hoping for a 10x

>> No.12587532

>>12587519
The irony is I used to work in financial risk management. I got fired for spending company time investing in Bitcoin. This was in 2017.

>> No.12587542

>>12587532
You took a massive pay cut? Don't financial risk management positions pay well?

>> No.12587559

>>12587532
yeah, I'm calling bullshit. there's no way someone is this stupid. and you wouldn't be making 30k with a finance education.

>> No.12587583

>>12587559
>>12587542
Guys I got fired. It basically broke me and I started teaching English in a foreign country.
>and you wouldn't be making 30k with a finance education
I have an education from the top finance school in the world too, an Ivy League one. You're going to make me cry. It feels like my life has hit a brick wall and everything I said was true.

>> No.12587592

>>12587559
>>12587542
Lost the job, applied for new ones for 6 months but procrastinating and being obsessed with crypto kind of hindered that, realized I needed to stop siphoning money into rent, and took the only option out I could see, going to teach somewhere with people who graduated from a public school and couldn't get a job either. Everyone here thinks I'm some kind of academic genius but my life is completely fucking broken because I "bought and forgot" and have been dying inside and not really moving forward in life ever since.

>> No.12587594

>>12587583
Ivy league too eh.... I didn't think you were larping at first but now I do.

>> No.12587625

>>12587594
Ok well, I'm not. Why the fuck would I sit here for an hour and LARP about this? I don't want to be too specific on the off chance someone figures out who I am but I've told the truth here. You really think putting a good school on my resume was enough to suddenly land a great job? The fact is I have no connections and despite months of applying to every finance and data analyst-related job I could find online, nobody responded back. If I wanted to go work at fucking McDonalds I could I guess, sure, but that's not the point. Anyway I'm inishing up teaching English as soon as I can and then I can get back to applying again.

>> No.12587635

>>12586757
>PNL
>No position size
>No margin
POORFAG CONFIRMED

>> No.12587643

>>12586435
Dude, I make that in a month and half. It's just beer money for me.

>> No.12587654

>>12586364
>>12586335
>>12586318
does anyone know where this money goes?

>> No.12587662

>>12587654
Some of it to my wallet

>> No.12587666

>>12587643
Imagine larping on a board with 12 readers

>> No.12587687

>>12587654
The money never existed to begin with. Paper profits are a figment of your imagination, just like market cap. Everyone just collectively gets poorer while a few lucky souls sell the top (very small percentage though).

i put in 80k, made it to over 1 million at the peak, now am sitting on 50k. F M L.

>> No.12587721

>>12586785
if he hasn't sold yet then he hasn't lost anything.

>> No.12587749

>>12587721
My bitconnect will go back up soon, just waiting long enough for the bull run!

>> No.12587768
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12587768

>>12587328
>they fell for the ponzi
I can't. Stop. Fucking. LAughing. AHAAAHAHAHAHAHAHAHAHAHAHAHAHA

>> No.12587855
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12587855

AND NOTHING HURTS ANYMORE I FEEL KINDA FREEEEEEEEEEEEEEEE

>> No.12587863

>>12586364
Nice, retarded and impatient.