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/biz/ - Business & Finance


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27533817 No.27533817[DELETED]  [Reply] [Original]

>Only invest as much as you can afford to lose!

>> No.27533890

>It's not a loss if you don't sell!
So it's not profit if you hold. Uh-huh.

>> No.27533931

>>27533817
Good advice

>> No.27533946

>>27533890
>It's not a loss if you don't sell!
it just cope kek

>> No.27533974

Ooh i could use some creamy silky onions juice. Too bad im literally allergic to onions.

>> No.27534047

>>27533817
not me
some retard on reddit told me to buy memestocks and I'm lonely and want to be apart of something
so I took out loans to buy said meme stocks at the top, sold a minor dip to buy doge at .07 cents, then sold the crash to buy gme again once it retraced to all time high

>> No.27534051

>>27533890
yes
you lose all of what you invest when you buy, and you gain or lose nothing more until you sell

>> No.27534066
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27534066

>>27533817
>I only invest my gains, that way I never lose

>> No.27534106
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27534106

>>27533817
>Buy low, sell high!

>> No.27534157
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27534157

>>27533817
>WE HAVE TO STICK IT TO THOSE GREEDY MILLIONAIRE ASSHOLES! I. AM. ALL. IN.

>> No.27534204

>>27533817
Wait what?

>> No.27534213

>>27534106
>>27534066
>>27533817

What the fuck is this thread, are we making fun of common sense now?

>> No.27534346
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27534346

>DCA your investments!

>> No.27534462
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27534462

>You CANT go all in! You have to diversify your portfolio!
>Warren Buffet said dont leave all your eggs in one basket!!

>> No.27534545
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27534545

>I like an investment community where we help each other out. Just picked up my dream car with my gains!

>> No.27535365
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27535365

>>27534213
yes, common sense is "soiboy" now, I guess.

>> No.27535793
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27535793

>What the fuck is this thread, are we making fun of common sense now?

>> No.27535844

>>27533817
retard

>> No.27535910
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27535910

>>27534213
>What the fuck is this thread, are we making fun of common sense now?

>> No.27535965
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27535965

>>27533817
>I'm not a financial advisor but

>> No.27536011
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27536011

>>27533817

>> No.27536030

>>27533817
That’s definitely not Reddit. They take out their life savings and remortgage their house and buy game stop at 400 a share

>> No.27536088
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27536088

I don't even invest

>> No.27536091

>>27533817
That's good advice, retard

>> No.27536119

>>27534213
Hello newfriend
Enjoying your stay?
This is what we call "ironic shitposting" and it's a artform dating back to the founding of this site

>> No.27536139

>>27533817
how do you know how much you can afford to lose? I live with my parents so I have no living expenses even though voluntarily pay them, but if I lost everything tomorrow I would be perfectly fine in terms of housing and food and a job, or even if I lost my job

I still have $12k in cash but I am thinking of only keeping $3k in cash, then I would have $60k in assets

>> No.27536198
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27536198

>don't invest in [shitcoin] it's a pump and dump!

>> No.27536249
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27536249

PLEASE HOLD THIS IS LIKE THE MOVIE EMOJI DIAMONDS HANDS EMOJI ROCKET

>> No.27536269

>>27533890
Yes, I'm up 100k on my LINK stack but don't consider it profit at all because I don't plan on selling within the next 5 years.

>> No.27536398
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27536398

>SELL AT THE PEAK
>DON'T HOLD THE CRASH

>> No.27536508
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27536508

>> No.27536562

>>27533817
Invested 1300€ I had made from covid dip into reddit meme stocks
Ended up holding the bag cause 500€ profit wasnt enough
The lesson definitely wasnt worth 1300€

>> No.27536582

>>27533817
Yes.

>> No.27536759

>>27533890
You're only a bagholder if you sell.

>> No.27536815
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27536815

>>27533817
So... everything

>> No.27536841

>>27536562
That's exactly the price you paid for the lesson, so it was worth 1300

>> No.27536959
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27536959

>Warren Buffet once said!

>> No.27537042

Let me put it this way, you can invest big and be smart and get rich or you can make $7 in gains over 8 months. Stay poor or bet big your choice

>> No.27537147
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27537147

>>27536119
>Hello newfriend
>Enjoying your stay?
>This is what we call "ironic shitposting" and it's a artform dating back to the founding of this site

>> No.27537167

>>27536562
Invested 1100€ into 18 GME at a cost average of 58€. Then I had to double down for 1 share at 265€ because I'm retarded. Sold everything today at 91€.

Oh yeah and don't forget my 13 BB @20€ which I sold today for 9€.

All meme stocks combined I am still +250€ but by god that was not worth the last week.

>> No.27537245

>>27534213
This is the end point of right wing thought

>> No.27537291
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27537291

>>27536119
we need to return to tradition

>> No.27537308

>>27535365
It's been a meme for two years at least. It's overdone but it can be quite funny. Better than low effort ad-hominem reddit mouth face posting.

>> No.27537352

>>27534213
anon, where do you think you are?

>> No.27537537
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27537537

>>27536119
>ironic shitposting
>good
I seriously hope you guys don't believe this

>> No.27537544
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27537544

>>27537245
>This is the end point of right wing thought

>> No.27537560

>>27536119
>>27537147

lmao they are turning on you loser

>> No.27537651
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27537651

>Anon what do you mean you took out $100k of loans and invested it all, what will you do if you lose everything
>I have an exit plan don't worry
>Oh, what's your plan
>If I lose my money I'll blow my brains out

>> No.27537758
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27537758

>>27537560
>lmao they are turning on you loser

>> No.27537893

Holy shit bros, this board sure slowed down a lot.

Have the mass suicide started already?

>> No.27537896
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27537896

>don't forget to take profits after a big win!

>> No.27537936
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27537936

>mobile only brokerage

>> No.27538165
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27538165

>I am not a financial adviser and none of this is financial advice

>> No.27538179

>>27537893
Reddit has gone back home, they have the attention spans of goldfish so they never stay too long. We're getting back to normal, only trannies and jews remain soon.

>> No.27538184
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27538184

>>27533817
Nah, take out as much debt as you are allowed to and don't pay them. The only real consequence is you get phone calls you can ignore.

>> No.27538203

>>27533817
I can only afford to lose everything because I’m single with no kids and very low cost of living. Otherwise, it’s sound advice

>> No.27538212
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27538212

>>27537560
>lmao they are turning on you loser

>> No.27538233

>>27533817
It's true though lol. Making yourself destittue just traps you in a spiral of poverty. Fucking retard.

>> No.27538326

i have 40k in crypto and 500 dollars in my bank account

>> No.27538443
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27538443

>be fearful when others are greedy and greedy when others are fearful!
How the fuck does this "advice" even work? Every time BTC sneezes and goes down a percentage point or two, the entire place gets inundated with bobos claiming we're going back to $3k. So does that mean people are being greedy or fearful or what

>> No.27538611

>>27538326
LOL champ.

Unironically one of the few persons in this board who will gonna make it.

>> No.27538716
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27538716

INVEST IN ANY DEFI COIN HOLD FOR 5 YEARS AND YOU WILL BE RICH

>> No.27538756

>>27538443
Buy when bobos are prancing in the fields of pink wojaks.
Sell when green wojaks, >never going below x again, >opened a 100x long lets fucking go

>> No.27538776
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27538776

>WE LIKE THE STOCK

>> No.27538829

>>27538326
>>27538611
75k and 700.

>> No.27538884

>>27537147
Based

>> No.27538892

you just had to put those ads on /qa/, didn't you, you autist

>> No.27538937

>>27537537
It's not, but you kid yourself if you say it's not a part of the """"culture""""

>> No.27539025
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27539025

>>27538756
Problem is that works until it doesn't. For example, the famous "pink fields" of january-february 2018. If you bought at that point, everything just kept going further and further down during a 2 year bear market. If you sold, you'd have made it out pretty decently.

>> No.27539071

>>27537245
they are the ultimate NPCs and don't realize it. wait now, these subhumans will post another one of their nigger drawings and fell all superior.

>> No.27539386

>>27539071
Unironically if you feel anything you are a subhuman. Imagine being an animal unable to control your thoughts and emotions. JUST.

>> No.27539502
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27539502

>>27538937
Ironic shitposting has only been a thing for about ten years ever since everyone started getting butthurt about R*ddit overusing their memes. It certainly wasnt apart of the integral culture of the site, and its only apart of it now because of the blithering legion of faggots who continuously teach newfags that its "apart of the culture" and consequently add that new generation of faggots to the mass of niggerdom that believes that ironic shitposting is okay

>> No.27539558

>>27539025
So buying time should be after the pink waves, when the post volume is low, anons suicided and the board is mostly just broken english shitcoin shilling?

>> No.27539621
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27539621

I CAN AFFORD TO LOSE EVERYTHING

>> No.27539824

>>27539071
>>27539502
have sex

>> No.27540044

>>27534213
Common sense gets you nowhere in clown world.

Adapt or die

>> No.27540128
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27540128

>>27539502
>nagatoro poster
didn't read faggot

>> No.27540273
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27540273

>>27536088
based

>> No.27540374
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27540374

>>27540128
>he says this while posting Spic Ball
lmao

>> No.27540548

>>27534047
Lmao

>> No.27540558

>>27539025
if you had real capital, you would have cost-avereaged your buys during that bear market. Always keep a little powder dry for events such as these. In the event of the 2020 Q2 dip, that was a perfect example that would have paid off quickly...

>oh, it dipped another 30%.
>time to buy

>> No.27540580
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27540580

>>27540374
>I LOVE ROMANCE TEASING MANGA SO MUCH! AHHHHH
774 is a shit doujinka too

>> No.27540683

>>27533817
What happens if you 10x cash out your initial and let the rest ride for several 10x more

>> No.27540914
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27540914

>>27540580
>774 is a shit doujinka too
Nah, you're just a faggot

>> No.27541043

>>27536088
Underrated post

>> No.27541070

>>27537245
Based

>> No.27541200

>>27541043
probably the best thread on /biz/

>> No.27541284

>>27533817
No, the golden rule is dont invest your own money.

>> No.27542101

>>27539558
Yes, absolutely. For example, I bought a bunch more link in late december when it was back around 10 dollars. Mainly because it was incredibly undervalued on the LINK/BTC chart, but also because the LINK threads on /biz/ were clearly in "despair mode".

Although it's really better to just take emotion and sentiment out of the equation. Just stick to the trusty 4 year cycle. I'm going to start laddering out of my positions late 2021. DCA into the following bear market starting probably about half a year after the top is in.

>>27540558
That's a different topic though. Point is that pink wojaks aren't ALWAYS the best time to buy. They usually are, but when they're not, it ends up going wrong in a big way and leaves you waiting years. I agree about DCAing, and I also went all-in after the march crash because it was such a no-brainer.

>> No.27542862
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27542862

>>27537147