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/biz/ - Business & Finance

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22366798 No.22366798 [Reply] [Original]

i really thought i could get rich by gambling on internet money

>> No.22367129

>>22366798
just dont be a retard
>t. retard

>> No.22367161
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22367161

>>22366798
me too. Now i've come back to reality and am looking to wageslave my life away.

>> No.22367293
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22367293

I aint qutting till i make it
my momma didnt raise a pussy

>> No.22367345

>make sound investment
>it crabs for 3 months, I dump it finally
>it goes up 20%
>make reasonable investment
>it dumps 10% instantly
>I have lost $800 of my 3k gains and still need to pay taxes

Just end me

>> No.22367482

>>22367293
This

>> No.22367507

>>22366798
sorry man. realistically you were probably never going to make it regardless of what you did. but yeah, it hurts, i know.

>> No.22367525
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22367525

>>22366798
I would definitely be in the same position if I wasn't broke, but I'm just here to disseminate communist propaganda

>> No.22367550
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22367550

>gambling
That's your problem.

Trading: accumulate the cheap, distribute the expensive.

I push 10 usd into the cheapest every 48 hrs so I dont time the bottom. I pull 10 usd from the most expensive so I dont time the top. This will ensure I always buy low sell high.

As for the profit, depends on the market condition. If btc is volatile, then i will lose lots of unrealized gains. If altszn, my profit margin keeps on growing.

This strat is not as good and fast as finding a gem tho. It is very time consuming to wait for the cheap to reach the expensive spots.

>> No.22368997

>>22366798
the issue is you didnt invest in a group. i turned 2k into 75k these past 5 months alone, and no its not a larp. your not going to make it on your own sifting through shit on biz and twitter.

>> No.22369106

>>22368997
>invest in a group
how do I go about doing this?

>> No.22369135

>>22367550
You and I are smart, most people here are stupid. It's been 5 years now that I live of crypto, just buying low selling high.
I repeat everywhere the secret to profitable trading, but it just doesn't get into the head of most people. When I say my only strategy is to buy low and sell high they assume I'm joking, it can't be that simple.

>> No.22369219

>>22368997
Post trades

>> No.22369226

>>22369106
start by downloading tgand getting into the uniswap/crypto groups there, also befriend devs if you can to get some juicy deals. you need to develop good connections and learn the ins and outs of the game.

>> No.22369246

You fags think you have it bad? I've lost thousands of unrealized gains on yfbeta on Sunday.

End me.

>> No.22369308

>>22369246
entry?

>> No.22369310
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22369310

>>22367550
>Swipechads buying low and then getting staking rewards and cash back on the way up

>> No.22369368

>>22369135
How do i not fomo

>> No.22369389

>>22366798
you shouldnt be gamblong, you should be hodling, its so simple
if you dont wnat to hodl, at least buy low and sell high

>> No.22369408

>>22369308
900 and 1110 due to fomo

>> No.22369441

>>22367550
wtf is that chart? how do you know when something is considered cheap or expensive?

>> No.22369443

>>22369408
damn that sucks ass. got in presale and sold early at 800, so glad that it crashed.

>> No.22369454

>>22367550
how do you do this :/..how do you know what’s cheap. everything is vascillating between its ATH and ATH

>> No.22369471

>>22369310
based

>> No.22369504

>>22369443
Sigh..any tips on recovering at this point?

>> No.22369515

>>22366798
You can if you get on the right one in the right market at the right time. Like anything else

>> No.22369523

>>22369408
I bought in at 800 and actually thought about selling half my stack about 30 minutes before it crashed because the DEV is a shithead and single-handedly killed YFI-clones for the near-term future... Could have waited for the dead-cat bounce in retrospect, but meh...

>> No.22369580

>>22369504
like what to go into? personally im in BUILD atm which will be listing on uni soon and YEET as the hopeful moonshot. sorta waiting for the next one with everything slow.

>> No.22369614

>>22369580
https://www.yeet.dance/b/

https://letsbuild.finance/

>> No.22369622

>>22369246
heh i lost thousands closing 1/2 of my link long that i opened a 19.35

>> No.22370168

>>22369614
Yeet really seems like another yfbeta, I'll stay away

>> No.22370224

You guys really had 3 years to buy Link, it really is that simple

>> No.22370412

>>22367550
>-10
>+10
net result: zero

>> No.22370526
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22370526

>>22367293
based. with that attitude you absolutely will make it btw.
for the rest of you faggots, just buy btc/eth and tesla stock and shut the fuck up for 5-10 years.

>> No.22370748

>>22367550
>buys low on absolute garbage
it’s always going to be garbage and you’re always going to be poor

>> No.22370916

>>22366798
ur not rich yet?

>> No.22371112

>>22369135
>>22369310
>>22369441
>>22369454
>>22370412
>>22370748
discord: A7jAU6U

Join to learn more

>> No.22371454

>>22370412
hes just taking small profits while the whole portfolio grows I think. it requires a bull market. think of it like planting $10 seeds. You get a $200 plant, then sell $10 worth...now its $190 plant...replant the $10 seed into something else shitty....and HOPE

>> No.22371521

>>22367345
you have to pay taxes on 3k gains? What sort of shithole do you live in?

>> No.22371931

>>22371112
fuck you

>> No.22372305

>>22371112
I might as well say this here. I've never been to Discord. I assume it's a web site and people talk about it like it's a chat so I assume it has some sort of chat. When I first heard of it I assumed it was named after Discord. Is that why it's called that?

>> No.22373223

All you had to buy link. Its wasnt that hard. Buy some link now whilst ur at it

>> No.22373252

>>22367345
Do the exact opposite of what you just said.

>> No.22373341

>>22373223
Link is crabbing endlessly