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/biz/ - Business & Finance

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12636902 No.12636902 [Reply] [Original]

I have come to the realization that I will never, ever recover from my losses in 2018.

>> No.12636951
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12636951

Yeah well at least we made it right? Most people never do

>> No.12636957

>>12636902
Read market wizards. One of their best tips is that you should cope by not calling them "losses" and instead your "tuition" for learning to trade.

So tell me OP, how much was your tuition payment in 2018?

>> No.12636974
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12636974

I just want my money back...

>> No.12636999
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12636999

You can cash out anytime you like but you can never leave

>> No.12637006

>>12636957
I turned over $100k into less than 30k.

>> No.12637010

>>12637006
Kek

>> No.12637018

>>12637006
So 70k tuition? Not bad, some universities charged over 100k a year, you got a deal there huh? Congrats. Now that you are a learned investor what is your next move?

>> No.12637026
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12637026

No sirs sorry no money returns ok.

>> No.12637101

>>12637018
B-b-buy ETH, right?

>> No.12637111

>>12637101
Why?

>> No.12637116

>>12637018
70K to learn middle school level reasoning.

Hmm, maybe I shouldn't risk 100K on Chinese Chuck E Cheese tokens with 0 intrinsic value.

>> No.12637124

>>12637116
>Hmm, maybe I shouldn't risk 100K on Chinese Chuck E Cheese tokens with 0 intrinsic value.

BTC and ETH have fundamental value, everything else is shit.

>> No.12637125

>>12636902
Kek. Im a newfag. I got in Link around 66 cents and have been accumulating since. Don’t feel too bad.

>> No.12637133

>>12637111
Checked
Get 32 of them

>> No.12637137

>>12637018
I never thought of looking at my grotesque losses that way. We need more glass half full people like you on /biz/.

>> No.12637155

>>12637111
Because its low, has fundamentals, will likely x 20, plus staking, developer support, upgrades, brand recognition

>> No.12637156

>>12637018
>implying someone that lost 70% of his stack, in the range of several thousands, learned, something useful that could apply in the future.

>> No.12637158

>>12637155
Eh, not bad reasons at all. Sure, go ahead. How will you diversify your portfolio and what will be your stop to get out and why?

>> No.12637168

>>12637156
Read market wizards, most of those fuckers lost 100% multiple times. It's funny because every trader in the book at one point goes over their worst trades and they make the exact same mistakes you and I make/made.

Fuck, every time someone says anything about trading the answer is "read market wizards". Read market wizards.

>> No.12637225

>>12637124
>eth
a network built from patches on top of patches.
cardano is the real winner.

>> No.12637238

>>12637225
>usd
a currency built from patches on top of patches
Seashells are the real winner

>> No.12637255

>>12637158
I will wait for it to drop more open up a cpd & put 40 % in BAT
I wont get out I will use my acquired coins to provide a dex service through a new project coming to fruition in 2020. I will be an exchange.

>> No.12637260

Same as the people that sold at the end of 2014

>> No.12637289

>>12637255
Well, the house always wins. Good luck.

>> No.12637335
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12637335

>>12637289
And to you sir

>> No.12637423

>>12637335
>Amazon, Google, and other dotcom companies survive, therefore crypto will too.

https://en.wikipedia.org/wiki/Survivorship_bias

>> No.12637430

>>12636902
chx will 100,000x in 2-5 years

>> No.12637471

>>12636957
I started in May 2017.
So far I'm at 5x my principal.
Never cashed out or sold into stable coins
My tuition has been +45k in the black.
Am I going to make it?

>> No.12637554

>>12637006
>>12636957
Different person but I turned about 310k into about 155k. Still fucking hurts.

>> No.12637569

>>12637471
Look I started with just 3k and I'm >>12637554
Doesn't change a goddamn thing. I went from actually suicidally poor to being a depressed worker.

Ironically when I had just 3k, if I had 10k I could have gone on a 1k vacation and been happy but now I can't bring myself to spend ANYTHING because it just reminds me of my 2018 losses despite having about 155k and a house fully paid off.

>> No.12637916

>>12637423
You didnt even read the chart prediction. All my replies have been shitposts. Its deflating being here sometimes.

>> No.12638303
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12638303

>>12636957
my tuition cost me ~$750k in 2018

>> No.12639089

4k invested in 2018 1k left.

my bad

>> No.12639270
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12639270

>>12636902

>> No.12639530

>>12636957
>>12637018

Nice cope. I learnt nothing of value that can help me make money in future.

>> No.12639540

At least I'm up in sats...