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/biz/ - Business & Finance


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7280102 No.7280102 [Reply] [Original]

>everything crashes
>sell ETH
>crash stops almost immediately
>buy NANO
>instantly dumps while everything else moons
>everything moving sideways nicely
>rebuy ETH
>5% down in 5 mins
>everything starts crashing again

Why does this keep happening to me?

>> No.7280114
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>>7280102

>> No.7280135
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Could be worse, you could've been a linky

>> No.7280154

You're gambling. Consider investing

>> No.7280170

>>7280154
this

>> No.7280175
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>>7280102
Stop trying to be smarter than the market and have patience. Buy and hold.

>> No.7280229

>>7280175
Buy and Hold? I bought bitcoin at 12,000+ and I have been holding...It dumping right after I bought it...What do you have to say to me?

>> No.7280237

>>7280102
Because your a nigger

>> No.7280238

>>7280102
Cause you are impatient. Just chill out and leave it for a while. Stop touching your dick and just let it rest.

>> No.7280277

>>7280102
fucking hell OP get it together you ADHD faggot

>> No.7280286

>>7280154
>You're gambling. Consider gambling

>>7280175
>buy and hold
Holding doesn't work when you buy near the top

>> No.7280411

>>7280238
This is what people said when bitcoin was at 14k and 13k and 12k and 11k and 10k

>>7280277
Just took my Zoloft

>> No.7280417

>>7280286
Lol, people still falling for a fucking meme. Hodl is a meme. Yeah bro, buy BTC at $19k and "just hodl" nice one.

>> No.7280449

>>7280417
>Hodl is a meme
>Sell low is a meme

So...what are you supposed to do when you buy and things go down?

>> No.7280495

you gotta commit to the coin sometimes OP, moving around too often will usually lead you to accumulate losses. Also helps a shit ton when u dont buy ATH prices

>> No.7280514
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>>7280286
WTF, the whole point is buying and forgetting about it. Is it so hard to not look at charts 24/7 and thinking of your next move?

Holding BTC/ETH for a few years and not "following the market" is probaby the best strategy there is if you're not good at trading and have no interest to become good at it.
Hold and get a hobby.

>> No.7280633

>>7280449
Don't sell at a loss, don't buy at ATH. If you did your research and chose a good project then don't touch it and it will go back up

>> No.7280634

>>7280286
>>7280417
this. The HODL reddit meme is buying, and not selling while the market moves sideways or goes up. Note the word UP. It doesn't mean you hold while the market crashes, fucking retard on /biz/ I swear.
>>7280449
You cut your losses, cash out to FIAT in an exchange, wait, then rebuy later. Sure you are selling your bags at a loss to some kike, but he is losing money if the market continues to drop. You rebuy at the bottom and potentially have double the amount of crypto so when you get to where the market is again where you sold your bags you actually have profit. This isn't hard to understand.

>> No.7280774
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>>7280633
>>7280634
>Don't sell at a loss
>Cut your losses
Wow thanks for the advice /biz/

>> No.7280890

>>7280774
That guy didn't give you advice for your current situation. He basically said you shouldn't have bought at ATH which I doubt you did. However you sold at Ethereum at what is close to this years All Time Low, disregarding the dip after new year. Your best bet now is to leave your coins/tokens. If you have FIAT just hold that in case there is a bigger dip which you can then use to buy in with. Don't sell anything