/biz/ - Business & Finance

[Anonymous No.3576200]

How do you guys lives with these swings?

My heart sank with my OMG today.

[Anonymous No.3576242]

Mgti

[Anonymous No.3576300]

>>3576200
Unironically HODL.

I'm in OMG, ETH, and a couple ICOs I believe in. The total marketcap for all crypto is <$100 Billion. If you truly believe in crypto, then these fluctuations are tiny in the grand scheme of things. I can envision a day, not too far in the future, when all cryptos are worth $1 Trillion. This technology is simply superior.

Historically, nothing can stand in the way of progress. Not governments, banks, jews, lizardmen, you name it.

We are still in early. Fiat is failing. We are all going to make it.

[Anonymous No.3576343]

>>3576200
You are good bro don't worry.
See check these charts:

https://www.tradingview.com/symbols/OMGUSD/

You are just freaking out because you bought a promising coin near the top of a run up. The price has got to stabilize first, meaning it will fall until it finds a support, and once that support is found it goes back up to stabilizing price, then it can shoot up again. Don't worry about losing value of your coins if you believe in them long-term. You can use the clear price drops thta you pick up on as a way to buy more by selling and rebuying at a lower predicted price.

Remember -20% doesn't really matter when you are about to go up 100%

[Anonymous No.3576360]

By having fiat sitting on an exchange waiting to get in on the dips

[Anonymous No.3576368]

Yeah that was pretty brutal

[Anonymous No.3576370]

>>3576200
i dont even look at coinmarket cap or my portfolio anymore

im busy wagecucking to offset my losses

[Anonymous No.3576406]

>>3576300
this.

[Anonymous No.3576409]

>>3576300

Basically this, thanks anon couldnt have said it better.

[Anonymous No.3576419]

>>3576370
I pray for dips so I can double down.

[Anonymous No.3576437]

>>3576200

you have to learn to not care, unless my crypto portfolio is generating massive passive income or reaches 5million+ dollars i still have to show up to work on monday whether i'm way up or way down

[Anonymous No.3576440]

>>3576370
Pretty much I have to work 2 weeks to make up for losses but I'm sure I'll recover by then anyway r-right

[Anonymous No.3576468]

>>3576200
you have to have total conviction of crypto or take your profits when you can

I have conviction, so i get in at ground level and hold until ive made a fortune

if its a coin i dont have much faith in, i sell when the 10x is presented to me. LIke 0x, i didnt believe it should be worth more than it was at the peak, and with the market at the time i couldnt see it going much higher, so i sold for that easy flip. Thats the thing, if your here for quick flips you have to have a look at the whole market direction and see whats happening. If things are stale and theres not a huge amount of hype its best to take your profits.

You've got to have full confidence in your investment ability, and you dont that means you need to read and lurk more

[Anonymous No.3576469]

>>3576200
Hodling is a meme that leads to missed wealth

Just sell when it gets to FOMO levels (Anything about 40% is probably FOMO, anything above 50 is definitely) then buy back in when the dip happens.

Even if it keeps going up you grit your teeth and move on. Take a note at the top and get ready to buy in when it goes down. Rinse and repeat.

[Anonymous No.3576485]

>>3576440
Just think of the constant downtread of the fiat dollars you are working for.
A few years from now you'll be laughing, just don't give up.

[Anonymous No.3576488]

>>3576469
good advice on /biz/? that's new.

[Anonymous No.3576501]

>>3576300
The technology itself might prevail but not the specific meme coins in your portfolio.

The only way to sleep tight in this market is if you hold your money in a crypto index fund.

[Anonymous No.3576531]

>>3576485
No kidding wages are laughable compared to precious crypto gains

[Anonymous No.3576742]

>>3576469
Buy the pink wojaks
Sell the smug pepes