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/biz/ - Business & Finance

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8237877 No.8237877 [Reply] [Original]

You wanna know why all traders eventually go broke?
>some asset drops -75%
>"Wow Im so lucky, Im gonna put a ton of money on this!"
>asset drops additional -50%
>"Jesus Im going to use the rest of my life savings to cover losses, amazing price too!"
>asset goes to mere pennies

Thats your future, coinFAGS

>> No.8237902

thx just bought 100k

>> No.8237917

just HODL right friends?

>> No.8237957

Yes, but if you're trading skills are real, you'll always make it back (until you kill yourself because you are tired of fighting)

>> No.8238093

>>8237877
since when do almost all traders go broke? Are you retarded?

>> No.8238122
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8238122

>>8237877
If an asset drops 75% of its value. How tf can it drop a further 50% of its value

>> No.8238138

>>8238122

this. OP is a retard

>> No.8238158
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8238158

>>8238122
>>8238138

>> No.8238176

>>8238122
That's actually not that hard.
1. Dropping 75% 100->25
2. Dropping 50% 25->12.5

>> No.8238190

>>8238138
>>8238122
You have got to be kidding me....

>> No.8238205

>>8237877
>what is shorting

>> No.8238222

>>8238122
Gr8 b8 m8, I r8 8/8