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52344506 No.52344506 [Reply] [Original]

I just bought Bitcoin and Shib and it fucking dumped? What the fuck man, this is my first time with stocks and cryptos. Should I sell to save my money?

>> No.52344532

this was just the tip of the iceberg. what, you though it would all be onver in one day?

>> No.52344552

>>52344506
Why would the bullrun be back after the collapse of a huge exchange?

>> No.52344562
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52344562

>>52344532
some anons on /wsg/ said if there is blood on the road buy. so i did. ffs

>> No.52344563

>>52344506
Yes you should rely on the judgement of others instead of refining your own. One impulsive action cancels out another.

>> No.52344591

>>52344562
redditards euphorically called the bottom of the bear market. It's obviously going lower

>> No.52344595

>>52344552
Most people forget that time is relevant variable. Just look at orthodox economics.

>> No.52344600

>>52344552
cus it was a major event. And other anons said this was the time to buy back in bigly

>> No.52344674

>>52344562
You did a decent job picking when to buy (listening to other people telling you when to buy)

Now that you’ve made a decent entry (I have no idea into what, maybe you hold nothing but literal scum filth dog coins) don’t panic and force yourself into a bad exit. Educate yourself on what you hold. How does the tech work? Is that tech redundant or better implemented elsewhere? Is that tech ACTUALLY needed? What would mass adoption look like for it? If it’s stocks, what does the company do? Are they good at it? Why are they a better buy than the competition?

>> No.52344683

>>52344506
Bullruns always start when the market manages to anticipate the end of the crisis, not right when it's over. Republicans winning the midterms might trigger the bullrun, and FTX crash has already been priced in since everything is already recovering, so buying now might not be the stupidest idea ever.

>> No.52344707

>>52344600
>cus it was a major event

Yes, a major negative event

>> No.52344710

>>52344674
i got btc cus its the OG, And i bought doge cus people made shit loads of money last year so hopefully it pumps again.

>> No.52344719

>>52344591
Yeah it’s definitely going lower but he bought roughly 75% down from all time high so I’d call that pretty decent for his first time. Could just be beginners luck but time will tell.

>> No.52344805

>>52344710
You definitely could have picked worse.

Pro tip: if someone is trying to get you to buy a specific coin don’t buy it just based off of what they said, in fact you should be MORE weary of it if they try and get you to buy. Learn about the project and the people working on it, 99.95% of the blockchain projects are utterly useless in the real world, have no real plan for advancement and are often lead by companies/organizations. The best ones will be explicitly FOSS projects with no public faces, no “leader”, just community volunteers/community donation funding.

>> No.52344872

>>52344674
>tech
It's fake internet money in fake wallets. You hold it long enough enough to sell to greater fools for a profit.

>> No.52345061
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52345061

>>52344683
>buying with the expectation that news will move your portfolio the way you expect
>expecting the news to guarantee any movement
>expecting volume drivers to not act ahead of time or later
>not expecting news to be overshadowed by other news
>There are literally thousands of variables affecting a market at any given time, the few news items you have time to absorb are not going to matter.
You're literally trading based on your emotional reaction to some kike curated and algo regulated news pieces. It's such a rookie move most people make like using RSI.

>Now that you’ve made a decent entry (I have no idea into what, maybe you hold nothing but literal scum filth dog coins) don’t panic and force yourself into a bad exit. Educate yourself on what you hold. How does the tech work? Is that tech redundant or better implemented elsewhere? Is that tech ACTUALLY needed? What would mass adoption look like for it? If it’s stocks, what does the company do? Are they good at it? Why are they a better buy than the competition?
I've seen hyper rational people who thought like this mind broken by the impossible happening during bull runs consecutively for their hated coin of choice. I heard this for so many coin in 2020. Many dead in the water or completely forgotten right now. The grand predictions are still fresh in my mind.

>> No.52345108

>>52344872
That post is all the convincing I need to know that you have no idea what you’re talking about. You’re like a barbarian who found a functioning computer tower and uses it as a chair.

Separation of state and money, you fucking mouth breather. The biggest thing power structures around the globe have used to control the population since the days when church=government. But go ahead, play right into their system of ruin and destruction, surely your story will be different than the millions before you who were reduced to slobbering animals over make-believe value paper cooked up by the people you hate most.