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

/biz/ - Business & Finance

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18850871 No.18850871 [Reply] [Original]

why is there no TA or day trading on /biz/? is everyone here long term holders?

>> No.18850881

>>18850871
Have you ever tried to trade?

>> No.18850882

TA threads only get brainlet "tea leaves" replies so nobody bothers

>> No.18850971

>>18850871
>is everyone here long term holders

I seriously doubt. Most people in general aren't long term holders; the average hold time for bitcoin on Coinbase is 90 days. /biz/ probably sold in March; bearish sentiment and a distaste for "moonboys" with very little euphoria on the run up.

>> No.18850975

>>18850871
I sometimes buy options on silver if it is obvious what direction it will be going, but as far as crypto I just buy dips and hodl.

>> No.18850979

>>18850881
yes

>>18850882
i see. what a pity.

>> No.18850993

>>18850882
Would you trust someone drawing meme lines on biz?

>> No.18850999

>>18850975
>options on silver
Which stocks/ETFs?

>> No.18851002

>>18850871
This board is mostly linktards and scammers

>> No.18851006

>>18850871
imo when Barting become a regular thing, TA for Bitcoin became a crapshoot. It's literally unpredictable.

>> No.18851007

>>18850999
slv

>> No.18851039

>>18850871
These broke-ass NEETs dont have enough capital to make trading viable

>> No.18851051

>>18850871
Back in 2017 there were lots.
People were posting charts with their own indicators, tradingview scripts etc.

Then people got rich on shitcoins like raiblocks, antshares, etc. Even things like Ark or Bitbean got pumps in multiples higher than x2 or x3.

Then everything was reduced to just shitcoin shill garbage threads. This is basically the spam and troll post containment board now.

>> No.18851078

>>18851051
>not using beancash in 2020

Not gonna make it desu

>> No.18851099

Day trading is a niche market on /biz/.
Mostly because you need at least $10k to start doing it seriously, while most here are broke or long term shitcoin holders (some bagholders).

If they tried to swing LINK they lost money.
Whenever they trade they buy high, sell low, pay fees or get liquidated.

>> No.18851119

>>18851078
case in point

>> No.18851135

Think about it more seriously for a moment. We can’t all win here. If you’re smart enough to be good at crypto, you keep it to yourself. Long term hodls are the only topics worth really discussing from a fiscal perspective, hence all the LINK posting.

>> No.18851290

>he thinks TA is worth anything
Sasuga brainlet

Did your horoscope also tell you you're in for great fortune this month?

>> No.18851545

>>18850871
this is a business board not a gambling board

>> No.18852032

>>18850871
I trade but the decisions have like 5 minute window by the time you tell biz it's already too late.

>> No.18852075

>>18850871
there are 0 traders left on biz, most of us moved to crypto twitter/discord etc
pretty much all of the OG crypto traders you see on CT are biztards from back in the day. I'm just here to shitpost, while discussing actual trading on discord and twitter

>> No.18853201
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18853201

>>18850871
Most people on /biz/ are too dumb to understand simple math problems, let alone TA.

>> No.18853224

Everyone made their fortunes in 2018 and now just shitpost here.

>> No.18853254

>>18850871
we are buy high, sell low
here sir.