/biz/ - Business & Finance

[Anonymous No.57710324]

Just 2 months ago this portfolio was worth $3k, should I derisk or is the bottom is in and we'll resume the pump?

This is my first crypto investment and $3k was all I could spend on this thing. The only thing that prevents me from roping is the fact that we still have 2 years of bull run ahead so I'm afraid I will rope myself for sure if I sell and everything pumps shortly afterward

[Anonymous No.57710335]

>>57710324
Whyd you buy so much dumb stuff? Could've been at $4k right now if you'd have just bought BTC or a top alt.

[Anonymous No.57710341]

>>57710335
>Whyd you buy so much dumb stuff
Everyone's saying this is a dumb market and just left curving it

[Anonymous No.57710365]

>>57710324
You bought extremely risky or unknown projects like 'bingus the cat,' and they all tanked. And you lost $3k. Well I lost 4x that just on PEPE tanking from the all time high. Next time you get some money just buy btc and eth.

[Anonymous No.57710366]

>>57710324
I'm laughing so fucking hard right now.
>monkeyhaircut
>bingus the cat
Thank you OP for this morning joy

[Anonymous No.57710380]

>>57710366
bro you're so gay just shut up and buy some btc you are such a beta i can't believe that you'd think it was a good idea to not buy the best investment in a generation your cock is probably like 10 inches if i ever saw you in real life i would beat you up with my massive hands

[Anonymous No.57710421]

>>57710324
this is amazing

[Anonymous No.57710427]

>>57710324
What app is that?

[Anonymous No.57710448]

>>57710324
>this is My Le First Time
How the fuck did you even find obscure shit like this

[Anonymous No.57710466]

>>57710366
Yes you can laugh at me, now please answer the question. I literally can feel my receding hairline accelerated this past 2 months

>>57710427
It's phantom

>>57710448
Biz was slow so I fished them on CT

[Anonymous No.57710510]

>>57710466
The age of shitcoin casino is dead fren. There's still occasional winners that will be used as bait (it is Le Next Le Shiba Coin!) but the era of shitcoin casino died once multiple networks became popular

Your best bet as stated in the topic is just buy btc or incredibly normalfag top 25 coins. I'd argue during a bear market but what with ETF and 50k possibly being the new floor who knows anymore now might still be an OK accumulation phase

Just my opinion. Now go back

[Anonymous No.57710545]

>>57710324
All that just because you didn't wanna long BTC. It's not even remotely alt season right now, like seriously, why?

[Anonymous No.57710547]

>>57710335
>just buy bitcoin and then ignore the constant dumps all year

[Anonymous No.57710577]

>>57710324
all what you had to do was buy TRUMP you mongoloid, you did this to yourself buying animal coins and VC scams

[Anonymous No.57710662]

>>57710324
kek my heart goes out to you my friend you are as dumb as a brick but you will fall down as one of the greatest examples of why this shitcoin meta has to end, we need more agrs and rlc threads, more nvidia discussions, more of the chads explaining why shitcoin trading doesn't really work
im guessing well get back some of the oldfags after btc pumps again and maybe we can go back to peak biz but yeah ranjeesh lied to you op shitcoins arent the way to go

[Anonymous No.57710669]

>>57710341
>Everyone's saying this is a dumb market and just left curving it
people who tell u to buy shitcoins have millions already, for them 3k on a gamble is nothing

[Anonymous No.57710710]

>down 94%
>should I derisk?

[Anonymous No.57710737]

>>57710324
You fucking retard.
This must be a troll attempt.

[Anonymous No.57710745]

Friend,
I made 180K off shitcoins last month,
then lost it all off a scam & I'm back to 40K

You have to be careful with shitcoins, it's high risk, high reward, it's gambling

In my experience, I'd say diversifying in several different shitcoins does not work

you have to find one that's really strong & high in volume, buying in on dip/fear, then sell when you're in profit, make sure to never marry your bag - you don't want to be in shitcoins long term

I made 60K off Bingus the cat, but I went in early and sold immediately when i was in profit and their twitter got suspended

You want to put your profits back into diversified, more 'stable', less shit blue chips, like Solana, ETH, Bitcoin, doge, monero, dollars, whatever is your favorite, staking is cool too
Diversify that way, not shitcoins

Also 3K is little money you should get a second job, start another business or spend less to get more play money

[Anonymous No.57710748]

>>57710547
What constant dumps? BTC just about 3x'd last year and is doing great so far this year.

[Anonymous No.57710786]

You're a fucking idiot, OP. That's why.

You're basically an ass virgin that has started playing with your asshole for the first time with a 12 inch x 7 inch diameter dildo. RETARD.

Here's what you need to do:

>sell everything NOW, apart from PORK and SOL
>leave the SOL there
>do some shit with PORK on Solidly DEX
>take the fucking loss for the rest
>get back up to 3K USD
>learn about what is BTC, ETH, LTC, XMR and KAS are
>buy/make/research cold wallet that supports the above
>dca religiously into BTC
>dca religiously into ETH
>dca religiously into any upcoming PoW like NERVOS
>dca into XMR
>dca into KAS (if you are feeling extremely risky)
>ride these fucking coins for 5 years
>use that time to research into altcoins deeply
>dont lose your fucking shit by buying BINGUS THE CAT, you fucking moron

[Anonymous No.57710794]

>$3k spread across 9 different bingustokens

[Anonymous No.57710843]

>>57710324
Keep all this shit as a reminder of your stupidity

[Anonymous No.57710856]

Dude you can't put 100% in dumb memecoins otherwise this happens

[Anonymous No.57710888]

>>57710324
My results are from 2 months.


I was where you are Op my advice stop dividing your low capital so much, go big on 2 coins, and medium on 1 or 2, you should be risk maxing, don’t buy dead garbage looking for a revive buy something low with an active team, either a meme, product, something that’s low cap and you can ape into as long as you believe in it. Do your own research, I didn’t put a dime into anything until I did at least a few days of research.

[Anonymous No.57710904]

>>57710888
You can play it like this
>I want to be risky as fuck!
Put it in <10M coins with solid teams or extreme meme ability and DO NOT fall in love with the bag
>I want safe, guaranteed gains
Try your luck at top 100 coins, maybe even top 250, wait for dips and pray the bull run happens this year.

[Anonymous No.57710905]

>>57710466
>this is my first crypto
>we still have 2 more years of bull
Youre very confident on that are ya? Can you see the future ? Lol lmao

[Anonymous No.57710913]

>>57710324
1 sol @ 5$ next 19-20 month

[Anonymous No.57710917]

>>57710324
This is how I know I'll make it. Already at a million port.
There's millions of dumbasses just like you pumping $3k each into the market that I'm absorbing
God. I love you

[Anonymous No.57710920]

>>57710324
It's okay we all make mistakes
I bought monke, Steve, waifu, and reef

[Anonymous No.57710929]

[Anonymous No.57710930]

>>57710917
I both pity and love these retards.

[Anonymous No.57710963]

>>57710324
>Wen sol monk, Popcat wif Bcat. Bingus cecil pork

What did anon mean by this?

[Anonymous No.57711859]

>>57710324
Village will starve saar stop redeeming

[Anonymous No.57712368]

>>57710324
>Just 2 months ago this portfolio was worth $3k
>was worth $3k
>$3k

nice bait. but i also got scammed by 1k$ by a rugpul shitcoin

[Anonymous No.57712573]

>>57710324
>-95%
>should I derisk

[Anonymous No.57712649]

>>57710324
I've seen some shitty portfolios, but this one takes the cake. You really bought coins called monkeyhaircut, Bingus the Cat and Cecil the lion? Lmao. You'd be better off throwing your money in blue chips than hoping that any of that absolute crap will moon

[Anonymous No.57712711]

I hope when you’re on a sidewalk panhandling for the cash to buy knee pads (in order to acquire 0.0000001 btc in the future), that you reflect on these brilliant investment decisions. Good luck, and may god have mercy on our souls

[Anonymous No.57712765]

>he Invested in something called "bingus the car"
>he is surprised when he ends up losing all his money

[Anonymous No.57713310]

>>57710888
time to conslidate into KNS dont you think

[Anonymous No.57713355]

>>57713310
I hate to pull out at a loss so the only way I can grab more is if I flip my eth with shitcoining, which I did with Spyro, but 166k is decent for me I’d like to get up to 300k but we’ll see if that happens, refuse to sell off any avi for a few months even in massive profits, too many catalysts for it to blow

[Anonymous No.57715370]

wow you guys are rude

[Anonymous No.57715387]

The sad thing about the OPs pic is that's what half of /biz/ has got.
Actually it's hilarious HAHHAHHAHAH

[Anonymous No.57715407]

>>57715370
this white boy funny

[Anonymous No.57715417]

>>57715407
Yeah fuck you too

[Anonymous No.57715497]

>>57710324
AHAHAHAHAHA Oh God Holy Kek! I literally destroyed my sides laughing and made my night
I hope you're trolling. If not, I really hope you make it soon anon

[Anonymous No.57715534]

>>57710324

[Anonymous No.57715559]

>buying the top of a shitcoin cycle
kekw you're never getting that money back but thank you for the laughs

[Anonymous No.57715574]

>>57710324
memecoins are such garbage. they pull everyone in with dreams of 100x gains which are realistically impossible. in my opinion the best risk/reward in the entire industry right now is call options on btc miners or bito 6-12 months out. just take the safe 10x (completely unheard of in tradfi) and stop being greedy.

[Anonymous No.57715604]

People actually thought they could make it by buying garbage in a SOL casino. The market is now healing and good tokens are what you need to make it

[Anonymous No.57715620]

>>57715574
>they pull everyone in with dreams of 100x gains which are realistically impossible.
You can do a 100x if you invest in the right projects during the bottom of a bear market and hold for several years.

[Anonymous No.57715641]

>>57710324
>monkeyhaircut
>popcat
>dogwifhat
>bananacat
>cecil the lion
>bingos the cat
The fuck lmao

[Anonymous No.57715654]

>cecil the lion

[Anonymous No.57715743]

>>57715620
maybe someone can perfectly pick out a future 100x at the bottom of the bear and invest their entire portfolio into but I can't and neither can 99% of people. I was here during the bear market looking for cheap buys. the alts that looked promising to me are still dead while btc is almost at all time highs. calls on coin, riot, mara, bito outperformed a majority of alts while being infinitely easier to spot and hold with conviction. I prefer to go where boomer money goes

[Anonymous No.57715784]

>>57710324
you are such a poorfaggot, it's unbelievable. Take this 200 dollar shitbag and plop it all in FRIN, it's ready to 50-100x in the bull. Don't miss out and be a hater on later FRIN mooning threads

[Anonymous No.57715802]

>>57715784
nah bro frin is a total shitcoin backed up by nothing but hopes and dreams and that's just the reality of it bro if you really want to get rich quick then you buy wcdonalds which is an amazing token with a great team who are all working day and night to make the perfect token for you our secret menu is a hidden gem that you would be dumb not to order don't listen to these haters wcdonalds token is the next bitcoin

[Anonymous No.57715821]

>>57715802
Anon, you make a good point. I just bought some

[Anonymous No.57715878]

>>57710324
lmao if you had dumped that 3k in LINK it'd be worth about 5k

[Anonymous No.57716181]

>>57710380
wtf is this word salad? some jeet chinese brand AI? ChatPooPooPee

[Anonymous No.57716192]

>>57710324
>2024
>Still getting rugged by bingus token

[Anonymous No.57716330]

>>57710324
No qanx in your portfolio and you think you not gonna get rekt? Kek

[Anonymous No.57716661]

>>57710324
Blind gambling on shitcoins is not how you make money. You want to join a discord or a telegram, befriend trusted and well liked devs and buy their shitcoins as possible. If you're not in the secret channels you will be the exit liquidity most of the time.

Your portfolio as already fucked desu don't even bother selling what you have unless they pump. Just invest more and throw it in Solana if that's the ecosystem you want to invest in

[Anonymous No.57716692]

Good luck anon

[Anonymous No.57716698]

I legit bought and sold all of these. Made some money but as soon as I lost 1k out of 2k I was done. You treated short term like long term. Surreal.

[Anonymous No.57716705]

>>57710324
jesus christ

[Anonymous No.57716730]

>>57710324
People seem to not really understand this concept despite how obvious it is, but: for every dollar you earn in shitcoins, it is taken from someone else. The shitcoin market is a zero sum game. If you don't know what you're doing, if you're not confident in competing with the those who do know what a worthless memecoin pump n dump is, don't play.

AVI, KNS, maybe FRINGE if you're feeling risky. But nothing more ridiculous than that. A casual scroll through /biz/ and sifting the jeet scams and/or semi-ironic fud will tell you what coins you should be looking into and when. For the really low market cap shitcoins, ALLEGEDLY you need to somehow coordinate with the whales or know what they're gonna pump, then a couple partial swaps to make realistic gains. Discords, telegram etc. Or get in with ICOs (see DeeStream if you're interested in that), but know that you're taking an insane risk for what is a 90% likelihood scam. Really, avoid doing this shit.

I gave you several reasonable options but in the end you need to understand just because you bought $1k in a avant-garde obscure animal token does not mean you will be a millionaire by next week. You can bag hold, you can partial swap, whatever, but at the end of the day if you don't have realistic expectations any dollars that go in your, uh, "portfolio" you're not getting back.

Me, personally, I wait for a token to hit 2x (or more depending on how much I put in and tx fees) then I start partial swapping depending on trajectory and stability of the underlying token.

this is not financial advice, just my opinion and what I usually do (expect the discord/tg shit. I don't do that). I avoid all tokens under $1m mc, preferably $10m.

[Anonymous No.57716760]

>>57716730
and yes I reddit space

you gonna do something about it?

[Anonymous No.57716886]

>>57710324
Derisk ?? You have nothing left, might as well hold for a miracle or nothing at this point. Better luck next time

[Anonymous No.57716898]

>>57716730

Kind of a based take. If you own one of the only good small cap utilities posted on /biz/ (KNS, AVI, maybe some AI or base chain stuff) the price action is stable and if you hold throughout the bull run you will probably make money. For anything else small cap, you will lose your shirt if you don't plan to sell asap

[Anonymous No.57716953]

You just got unlucky but this is a good strategy, now you just have to double down, put all the money you have left on $poopthefart and $niggersontheblockchain surely you'll make it this time

[Anonymous No.57717107]

Don't listen to these tards. They were calling AVI and KNS scams sub 1m mc and now that they've pumped they're brilliant investments. /biz/ only buys pumps they never buy the bottom of anything.

[Anonymous No.57717112]

>>57710547
>Didnt buy at 16k
>Now is malding that btc rallied to 50k

[Anonymous No.57717123]

>>57710324
>>57710335
You're not supposed to hold the shitcoins, when the shitcoins were at 3k you were supposed to sell and then cycle into BTC before that big pump from 38k to 52k.

[Anonymous No.57717592]

>>57710324
1. why are these all literal memecoins
2. some of your prices are way off

[Anonymous No.57717735]

>>57710324
>its all shitcoins except for one
kek.

[Anonymous No.57717745]

>>57717107
>/biz/ only buys pumps they never buy the bottom of anything
>buy AVI which has double peaked ATH recently and is on a downtrend most likely now to correct 50-75%
Peak /biz/ post, congratulations.

[Anonymous No.57717759]

>>57710324
Yes I believe it's time to derisk that portfolio

[Anonymous No.57717777]

>>57717745

> AVI is on a downtrend

[Anonymous No.57717787]

>>57717777
i was going to call you a stupid faggot nigger and FUD your bags more but I can't argue NOR win vs quads

[Anonymous No.57717791]

>>57710324
Plz be bait

[Anonymous No.57717863]

>>57710324
Join the crypto clown club and find this user named John James, he is an excellent trader with great knowledge to give

[Anonymous No.57717970]

>>57710324
you should have bought bitcoin

[Anonymous No.57717998]

Should have just hodled Solana. Memecoins are great for pumping the native coin but don't try to gamble in them yourself.

[Anonymous No.57718046]

>>57710324
Bingus the Cat has to be the worst shitcoin ever god i have tears in my eyes

[Anonymous No.57718329]

>>57710324
I would buy literally any of these over any thing shilled on biz.

[Anonymous No.57718358]

>>57710324
Dude… you need to learn when to cut losses and walk away from a shitcoin. You’re mostly holding scam coins. You know that, right? Sell everything except for wif and try again with something new

[Anonymous No.57718375]

>>57710510
I think this is true too. There will be the occasional meme coin that rips, only to draw attention to altseason on the chain it’s on… for the most part though, shitcoin casino is done, and I’m fucking glad for it.

[Anonymous No.57718400]

>>57710324
This, not ironically, is the worst portfolio I've ever seen posted here. If you had invested the $3k in kaspa three months ago, you would be with 8k and well positioned for what lies ahead.

[Anonymous No.57718442]

>>57710888
Kek, this is only good advice if you buy the right coin. OP obviously has no idea what he’s doing. I too bought avi a few months ago. Something like 20m coins around half a mil mc. It’s carrying my portfolio now.