[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 1.19 MB, 400x300, courage.gif [View same] [iqdb] [saucenao] [google]
22833085 No.22833085 [Reply] [Original]

I'm scared to buy anything guys. Been tethered up for weeks and don't trust any pumps or dumps that I've been seeing. Too concerned about how the election / stimulus / macroeconomic situation will affect the markets.

What do you guys think?

>> No.22833098

Same position. Im shitting myself if chainlink keeps pumping. i need to buy back in on a dump

>> No.22833527

>>22833085
40% crypto, 40% cash, 10% pm, 10% ill-timed shorts.

>> No.22833544

>>22833085
>>22833098
you need to buy with a system, not with feelings.
Remember, when you buy you can just as well sell, there is no permanent decision here.
Get an indicator that indicates a trend reversal, then set a buy in price, be a maker instead of a taker. Before doing the trade determine the lowest you allow it to go before selling at a small loss (which is 100% fine). Indicators like RSI can indicate whether the stock is overbought or oversold and might indicate a good starting point. Also look at what % you will allow it to drop before selling. I could share my system but its better you find your own because alpha always is changing. You need to learn how to find it, not how to copy others.

>> No.22833551

>>22833544
the market runs on feelings midwit
and insider trading

>> No.22833864

>>22833551
That is why 90+% of retail traders lose. Whenever something is crashing like LINK did lately, without a system in place and just holding most normal people will "brake" and think this time its over for real. It was too high etc. Resulting in selling in the worst possible moment. Also happens with pumps. That is why you need to predict the future sentiment. Those that are the current sentiment are the guys that you will literally get link for cheap from and sell link too high to.

>> No.22834032

>>22833085
Just buy LINK you Nigger and gtfo

>> No.22834198

>>22833085
Just buy Walmart or Target Stocks do you think they won't be around? It's better to invest in them than just sitting 100% in cash. Just diversify what you got.

>> No.22834308

>>22834198
better yet buy $SPG
they own malls, do you think malls wont be around? half of pre covid prices rn