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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13861942 No.13861942 [Reply] [Original]

>staggered bought $30k in bitcoin 6 months ago from 5k->3.5k
>sold at a 4k loss in Feb 2019
finally had the balls to admit this

>> No.13861972

>>13861942
>sold
>at a loss
As a demi-Jew, I would rather sacrifice Israel than sell at a loss.

>> No.13861990

>>13861942
the absolute state of newfags

>> No.13861999

>>13861990
ive been here since mintpal lad

>> No.13862009

>>13861942
Bitcoin has no where to go but down. If we hit $10k, what does that make? $5-7 transaction fees or MORE because of FOMO and price. Every time someone sends a transaction to FOMO in they're losing money they have to recoup with a pump. The median USD value transaction is $80-300 (right now it's $127). So you lose 4 USD. You're sitting at $123, meaning you need a 3% rise to recoup the losses, not even to get gains.

How is this sustainable for the majority of people?

>> No.13862025

>>13861942
>sold at a 4k loss in Feb 2019
...why?

I put in a tonne at 6k as well before the dump in November, and though I was annoyed to have mis-timed it I knew with absolute, 100% certainty we'd be back up in no time at all.

What ever made you sell, did you really think it was done for?