/biz/ - Business & Finance

[Anonymous No.7450660]

There are people on here that bought at 17k, sold at 6k and now buy the dead cat bounce at 8k.

I've always known people on /biz/ have a low IQ, but damn.
I'm a physicist and I think most investors are actually quite dumb. Making money, firstly, doesn't make anyone smart. It's about social exploitation, greed and emotions. The really smart people don't give a shit about "gains".

[Anonymous No.7450707]

>>7450660
Bro, there a point at which this 'investing' turns into gambling. This is what they are. They're not investors, they are gamblers

[Anonymous No.7450736]

>>7450660
>he sold at 6K

[Anonymous No.7450739]

>bought at 900
>held through 17k
>panic sold at the literal bottom of 6k
haven't bought in to the dead cat bounce yet but i might soon. i mean i'm already a complete fuckup in every aspect of life, investing is just another

[Anonymous No.7450742]

>>7450660
>The really smart people don't give a shit about "gains".
That's arguable, I'd say having tons of financial freedom would be one of the biggest dreams for most smart people, but they don't pursue that goal because it takes so much time from the more interesting things they're doing. But even Newton traded stocks. It's another kind of idiocy to not grab a chance to profit when it's clearly laid in front of you.

[Anonymous No.7450755]

>>7450739
hey, at least you made $5k. more than many can say right now.

[Anonymous No.7450757]

>>7450707
10 years ago 4chan was for punishing the evil bankers gambling with the economy
in current year 4chan is about becoming the evil bankers gambling with crypto
humanity is truly degernerate.
no salvation.
only wickedness.

[Anonymous No.7450762]

>>7450739
If you absolutely must just buy half of what you would have bought that way if it goes up you gain if it goes down you buy the other half and average down the cost

[Anonymous No.7450773]

>>7450739
You made enormous profit still, why are you crying over some potential profits lost?

[Anonymous No.7450799]

I sold my eth at 800 on Jan early

I watched that shit go up to 1400 and didn’t buy back in until a couple days ago at 600

[Anonymous No.7450835]

>>7450660
very confident that 8k is dead cat bounce

Are you insider?

[Anonymous No.7450840]

>>7450757
>Believes in order
>Thinks there will be order in universe
Anon, entropy is the only truth. You cannot run from it

[Anonymous No.7450841]

>>7450660
You must be the Omegafag from yesterday. Have fun fomo buying at 25k, faggot.

[Anonymous No.7450851]

>>7450762
OR more accurately, one should purchase merely a 3rd of what one would have invested so that if it goes up you gain if it goes down you buy with the other 3rd and if it goes down once again you stick that last 3rd in and average down the cost

[Anonymous No.7450861]

>>7450707
>bro

REEEEEEEEEEEE

[Anonymous No.7450883]

>>7450707
>They're not investors, they are gamblers

People come here to roleplay big shots but in truth 90% of /biz/ anons are poorfags who hate their lives and they're taking part in the worldwide lottery known as Bitcoin.

[Anonymous No.7450887]

>>7450851
true listen to this anon. I'm used to playing with small amounts of money so 1/3 for me amounts to measly gains but if you're investing real money then definitely do thirds

[Anonymous No.7450894]

>>7450835
9K by tomorrow

[Anonymous No.7450895]

Very confident that 8k is dead cat bounce.

Are you pump and dump whale who is going to dump to 4k?

[Anonymous No.7450897]

Fuck it... I've FOMO'd for too long. I'm buying in.

Do I need to use an exchange in my own country or how does that work?

[Anonymous No.7450902]

>>7450835
He's most likely larping about being a physicist or is just a really dumb one. I'm all in fiat because the crypto market is still weak as hell, but nobody knows where it's gonna go in the short term.

[Anonymous No.7450905]

I’ve been here since 2015 this ain’t no god damn deadcat bounce. Every time biz thinks that it willl keep going up

[Anonymous No.7450911]

>>7450660
Yes to intelligent to be rich

[Anonymous No.7450917]

>>7450742

Working for CERN beats financial "freedom" to sleep and wank all day.

[Anonymous No.7450926]

>>7450660
>sold
you what?

[Anonymous No.7450936]

>>7450897
just go to your local bitcoin atm

[Anonymous No.7450955]

>>7450917
Wouldn't you still rather have more time for your own projects and aspirations? Say, being able to pay servants to take care of menial tasks for you.

[Anonymous No.7450992]

>>7450897
naaa
buy buttcoins on your wallet, send em to the exchange of your choice and start trading. you'll become a pink wojak in no time!

[Anonymous No.7451009]

That Russian mathematician who solved Poincare's conjecture refused to take $1M price money.

[Anonymous No.7451068]

>>7450840
When society crumbles
They'll seek order
I'll make order

[Anonymous No.7451069]

>>7450660
Wow tell us more oh smart physicist. Good thing you mentioned that or we wouldn’t know how smart you are.

[Anonymous No.7451087]

>>7451009
Not just a genius, but an idealist

[Anonymous No.7451094]

>>7450992
So i can get a wallet on coinbase, but I can't exchange on coinbase in my country.

What do I do?

[Anonymous No.7451098]

>>7450773
i'm more depressed over myself for being so susceptible to greed that i didn't sell when i was up a ridiculous amount (could have been life changing for me) in early january, fully aware that this couldn't go on forever. the crash came in drops, each followed by a dead cat bounce, so i had multiple opportunities to sell this month, but i kept holding thinking it would go back up to a new ATH shortly. after several drops and lower recoveries, i realized that this could be the end for a while so i took my profits, at which point happened to be the literal bottom, yet i was convinced it wouldn't stop there.
oh well, guess i just have to learn everything the hard way.

[Anonymous No.7451136]

>>7450757

[Anonymous No.7451142]

>>7450739
are you me? and yes god hates me and reminds me of it everyday

[Anonymous No.7451161]

>>7450660

yes I lost 40 neo (5% of my stack that i have since fucking 7 $) fuck this im holding till the bitter end

[Anonymous No.7451243]

>>7451161
i've come to realization that it's best to avoid internet forums if you want to make the right decision

[Anonymous No.7451302]

>>7451098
You managed to do follow the herd psychology to a t. When everybody was saying crypto was over it was probably too late to sell, guess you'll know that next time. Take profits and don't get too greedy next time. Still you made silly good profit so stop stressing over it

For me, I was holding one project I believed in but got out after the second time the market crashed - unlucky for me it was -50% from ATH because for some reason that particular project dumped the hardest. Day later it went up like 30%. But the thing is, I haven't wallowed over that loss because shit happens and I realized where things were going. We're not master day traders, not even trying to be. Just do the best long term decision in a given situation and go with it, then put your attention into other things.

[Anonymous No.7451510]

>>7450955

You're talking like Bitcoin is just a button that you press for free money.

That's not how it works. You can always lose.

[Anonymous No.7451822]

>>7451009
no.
he originally solved and submitted it for the price.
he only refused because the board wanted to give 500k of his prize to some other person (who belongs to the 99.99% of 'mathematicians' with zero verifiable work done and getting recognition by circlejerking w/ other academics) who didn't actually do shit.

he was so offended (very understandably) that he rather didn't take his half at all.

[Anonymous No.7451894]

>>7450660
Get your head out of your ass pajeet. Fucking self absorbed prick. Why are you even on biz? I bet you’re not half as smart as you think you are. Enjoy being a poorfag

[Anonymous No.7451920]

>>7450660
You're a physicist and you will never contribute anything of value to society. Enjoy your brains while Chad fucks your future wife.