[ 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: 97 KB, 1080x1080, 4D1930ED-66BF-4789-A87B-3CB33103356E.jpg [View same] [iqdb] [saucenao] [google]
25628098 No.25628098 [Reply] [Original]

Does biz believe in stop loss when it comes to link? If so, whats your price set at?

>> No.25628137
File: 863 KB, 656x857, headshot.png [View same] [iqdb] [saucenao] [google]
25628137

my only stop loss is death

>> No.25628214

I see...I was looking for more of a number tho

>> No.25628272
File: 142 KB, 945x825, 1607840875467.jpg [View same] [iqdb] [saucenao] [google]
25628272

>>25628098
0

>> No.25628276

>>25628098
I've seen once an opinion, that stop losses are actually for cucks. Market makers dump price, in order for stop losses to trigger, and sell them your bags. And then they start pumping with your bags in their hands. That guy said though, that your stop loss should be diversification. That way market makers can't shake your bags, and if only 8 out of 10 coins are pumping, you're still way better off than if you'd be in one. LINK is already in top 10, so it doesn't have much room for growth anyway. But since you're a stinky linky you probably won't get what I'm trying to say.

>> No.25628298
File: 173 KB, 383x383, SergeySmug.png [View same] [iqdb] [saucenao] [google]
25628298

>>25628137
Unironically this

>> No.25628300

stop loss? no. but a reasonable mental level to sell everything is if a daily candle closed below $7.31, as that would indicate a complete breakdown of the current bullish setup

>> No.25628361
File: 801 KB, 250x195, hmm.gif [View same] [iqdb] [saucenao] [google]
25628361

>>25628214
You're obviously an idiot, just sell it all now

>> No.25628387

>>25628098
Stop loss will get you decimated and lose your LINK forever. These markets are heavily manipulated and stop loss hunting by huge whales with $50MM+ to drop DOES happen.

>> No.25628540

>>25628137
Basado

>> No.25628633
File: 190 KB, 360x360, 252352353.gif [View same] [iqdb] [saucenao] [google]
25628633

just bought a small stack of link. feel like im a part of a club now. in it till 50$ LETS GOO FUCK STOP LOSSS BULLMARKET BABY

>> No.25628667

>>25628214
do you think /biz/ holds enough that coming here to find out this information would be worth your time?

>> No.25628680

I’ve seen too many stop loss and long seller hunting wicks in my time, especially before a large leg up on BTC. Exchanges will crash a price on a five minute candle simply to destroy your positions.

>> No.25628891

>>25628276
>But since you're a stinky linky you probably won't get what I'm trying to say.
basically this

>> No.25628933
File: 16 KB, 280x180, comfy.jpg [View same] [iqdb] [saucenao] [google]
25628933

>>25628098
Imagine having your Link on an exchange....

>> No.25628968

>>25628633
same anon. don't forget to sneed

>> No.25629013

>>25628680
you mean like the one that took us down to 8 for a 2 minute candle before going back up to 17 lmao

>> No.25629102

>>25628137
fp most based p

>> No.25629158

>>25628968
what is sneed?

>> No.25629320

>>25628098
You can do it bro but most of us are all or nothing when it comes to link.

>> No.25629405

>>25628276
No that makes sense, I actually learned something useful on biz.

>> No.25629433

>>25628137
Same.

>> No.25629506

>>25628137
Kek

>> No.25629528

>>25628361
Go heil somewhere else

>> No.25629533
File: 43 KB, 590x972, E6D000C7-C9F0-42BC-9EB8-48A242986E65.jpg [View same] [iqdb] [saucenao] [google]
25629533

>>25628098
DR:NS>>25628098

>> No.25629557

stop loss is for mongs

>> No.25629575

>>25628098
Also no stop loss. Stopped using them a long time ago

>> No.25629587

>>25628098
I purchased thousands of chainlink 3 years ago at 30c and have never sold a single one. $17 doesn't even make me a little shaky, what the fuck would I do with $200k? That isn't life changing money. I'd rather have the LINK.

>> No.25629619

>>25628272
>another lazy basedface

>> No.25629686

>>25629158
“I can’t sneed”

>> No.25629773

>>25629013
Sometimes they are organic movement from someone selling off a whale size stack into low liquidity, stop loss hunts and leverage liquidators happen more frequently on BTC taking the market with it.

>> No.25629795

>>25628098
I'm not setting a stop loss and creating a taxable event. I've been holding since twenty cents. I will never be in the red.

>> No.25629953

>>25629587
I'd say anytime you can pay off your mortgage is life changing. You have dropped the ball and chains and you don't have to tip toe around your employers.

>> No.25630690

>>25629795
this, never selling anything until I find a good way to commit tax fraud on my capital gains

>> No.25631160
File: 269 KB, 1202x879, 1596759100856.jpg [View same] [iqdb] [saucenao] [google]
25631160

>>25628137
based

>> No.25631220

>>25629158
lmao

>> No.25631261

>>25628137
first post absolutely best post maybe ever