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/biz/ - Business & Finance

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29507515 No.29507515 [Reply] [Original]

Started learning crypto on Jan 5. I've lost $770 since then. I'm not cut out for this shit. I put in money, it just goes down. I take out money, it goes back up. Now it's crashing and there is no safe entry point.

>> No.29507618

when you think you should sell, buy. when you think it would be a good time to buy, sell

>> No.29507689

>>29507515
$770 thousand?

>> No.29507693

>>29507515
Why didn't you just put money in and leave it alone and focus on other things like your health and reading books from Western canon?

>> No.29507774

Lmao just hold what are you retarded?

>> No.29507836

lost 3k so far I stopped and just lurk now.

>> No.29507850

>>29507515
You should learn how the demand for cryptos work.

Protip: It's entirely based on speculation, therefore it's a gambling

>> No.29508172

>>29507515
Unironically thinking about it too much. This space is filled with retards, NEETs, schizos, psychos and high IQ. Buy and hold. Start out with the holy trinity, if you lose money on that the. Your certified NOT GANNA MAKE IT

>> No.29508271

>>29507693
i really wish i would have done this instead of immersing myself into shitcoins 24/7 for the last 3 years

>> No.29508406

>>29507515
Price action is driven by algos and traders, and it's designed to rip off emotional traders.

When you're afraid, you should be buying. When you feel like the king of crypto, you should be selling. Literally just do the opposite of what your brain is telling you, and you might have a chance.

>> No.29508441

>>29508172
whats the holy trinity

>> No.29508724

>>29508441
BTC/ETH/LINK

>> No.29508891

>>29507515
Most people who understand both crypto and the market just choose a few promising cryptos, put their money in them and then forget about their investment for some time.

What you tried to do is essentially gambling. This may work sometimes, but most of the time, it doesn't. Also, if you want to gamble with cryptos, you don't have to educate yourself on them.

>> No.29508962

>Now it's crashing and there is no safe entry point.
ngmi

>> No.29509100

>>29508724
That’s the /biz/ trinity

The 4th Industrial Revolution trinity is LINK/GRT/NU for the more hopeful dreamers among us

>> No.29509244

>>29508172
I mean, would you recommend buying BTC right now? Seems like it's just going to keep dumping.

>> No.29509295

>>29508962
This. He will fomo in once market's up 50% from now

>> No.29509369

>>29507618
/thread

>> No.29509399

>>29508172
high iq ??? hmm interastaing LOL

>> No.29509407

>>29507850
>speculation
*manipulation

>> No.29509526

>>29507618
Fpbp

>> No.29509777

>>29507515

>Step 1: Stop trying to time markets that are based purely on the speculation of autistic millennials and zoomers.

>Step 2: HODL

>> No.29509899

>Bought BTC at 51k on the dip yesterday and LINK for 27
>Panic sold today after continuous dumping, BTC flirted with low 45k. Sold BTC at 47k and LINK at 24 on the bounce
>shit is now starting to bull again immediatley after I sold
Same here OP. What the fuck. I now have a bunch of tether and no idea when I'll be able to enter again.