Archived threads in /biz/ - Business & Finance - 3550. page

I bought at 5.5 at the promise of moon. Just fuck my shit up

>>2703118
That's nothing. I bought at 8.35 EURO..
It's at 3.7€ now.

Like I said, KILL MEEEEE

you should have bought when it was below 1$ back in april or something when it first was shilled

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>>2703105

>>2703114
butterface

you've convinced me never to buy moon coin now, absolutely garbage waifu

>>2703114
Looks like an albino nigger.

>>2703057
>couldve sold at first peak and rebuy at bottom
>thinks iron hands are a good thing

>>2703066
>thinks he can predict reversals with his TA meme
>doesn't actually read and use TA, just his made up version

>>2703066
[Crystal Ball Intensifies]

>>2702975

No. But CryptoBook is!

https://play.google.com/store/apps/details?id=com.altfolio.rmgsoftware

>>2703016
be gone shill

>>2703016
Leave this board alone pajeet!!!!!

Part 2/6
Then you need a set of rules, e.g.:
- set stop-limits every! fucking! time! you buy into something
- don’t buy at or near a new ATH (rarely goes well)
- always have a valid reason for buying (no, "/biz/ said it’s going to moon" is not valid)
- never rely on single platforms alone - reddit, twitter, bitcoin forums, /biz/, blogs, news-sites etc. are very good if used together (stay away from zerohedge tough – tinfoil alert)
- never focus on a single coin alone; diversify in at least 2 time horizons (1-7 days short (ST); 2-4 weeks mid (MT); 1-12 months long term (LT)) & reevaluate them accordingly
- never!!! daytrade with more than 5% of your funds per week/month, if you are not consistently in the greens with these 5%
- if you are in a ugly situation (like having >50% of your stuff being stuck) and NOT in dire need of money: HOLD THE COIN! The market is exploding and the burst of the bubble is months if not years away, you will at least get your money back, if you did not buy useless coins on small platforms

IMPORTANT!
Stop-limit-orders are not a joke, they can literally save your ass! Set one at e.g. 95% of your entrance point/adjusted to the current price, when you are away from the computer or watching a movie etc. Yes, sometimes it is only a short bounce and you lose some money or profit, while the value goes bonkers

afterwards - but most the time, it just prevents you from heavy losses or missing opportunities to sell your stuff at a good price, because you were sleeping/shitting/suffocating on a Cheeto while wanking on your possible profits while selling on a ATH.

Part 3/6
Now you could start to trade with e.g. an excel-sheet, where you insert the buy of a coin and a sale when you sold it. This is called "paper trading" and for just getting a feeling for it. Do this for some days, while you are learning the basics of analysis. Then start with small amounts - 10 dollar, maybe 50. If you are comfortable with that, pimp it up with stocking it up with the same amount per week or month. If you lose some, it won’t hurt and if you gain some, it is a sense of achievement.

Keep in mind that there are days where you look at the charts and say "Yay, nothing to do here but to adjust my stop limits", as everything is green and fine. And then there are days, where you see all your stop limit orders triggered, because everything is falling into abysmal depths.
Both days are cool, because the first one nets you profit and the second one cuts short your losses or triggered taking profits to enter again. Because remember: "if there is blood in the streets, it is good to buy". This say was true when Baron Rothschild made a fortune in the 18th century (I am not implying something anti-Semitic here, he indeed said and did this).

Start to think this way and you get a boner when thinking about crashes.

Also, remember that the meme "HODL" or "hold your coin" only applies to people that bought at a low price and are in the green even in the middle of a crash and the ones that bought at a high price and did not place a stop limit order. The first ones know that the price will rise further & holding the coin will enlarge their gains later. The second ones know that the high times will come back and then they can keep their losses small by holding the coin until then. There is little to no reason to see a coin crashing and not cutting your losses/grabbing the profit so far and buying back in, when the foothold is confirmed.

https://pastebin.com/ZUxTmR99
>>2702898

>>2702904
$4.50 by October

These bags are so heavy, im tired...please guys buy some off me

>>2702898
Theres many more ounces of gold than there are bit coins. So its not much of an achievement.

>>2702898
It's been more than the price of gold for a long time.

>>2702906
wat will be price of BITCOIN if BITCOIN Flippening GOLD also on market capitalisation?
OMG!!!

ok bud

>>2702879
This coin will never have significant movement and will never allow you to sell at a high due to low volume. Bought at 190k and held until 2 months later and sold at 220k.

another fidgetspinner coin, im going all in

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But you made no losses.

>buy high sell low

Thats the opposite of what you're suppose to do though anon

1k profit is better than no profit at all

You missed the moon mission, have you not been looking at Status 2 days ago?

>>2702825
Look at the Chart. It's Bottoming Out.

>>2702822
This is and always will be a badass picture.

just be glad you guys dont look like this nigger

What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the CryptoTrading and I have hundreds of thousands of DGB!

>>2702802
I liked the idea but dropped my bags between 600 and 700. Sia is overhyped and I doubt it will see its ATH again.
It brought me decent gains tho so it stays in good memory. Farewell old friend

>>2702770
it will never go up to where i bought it

Yeah it feels like it's about to lift off. Bought some more. Unfortunately bought at 0,018 at first.

Where do you believe price movements come from? I think there's a fundamental misunderstanding that a lot of people have with technical analysis.

For example: If you notice a large amount of buy volume, over a certain short time interval, what implication does that give you? If people want lots of something, as implied by volume, what generally happens to price (and the opposite sense for sell volume)?

If price is a depends on volume, and, specifically, the movements of price are determined by the levels of both sell and buy volume, then does it not make sense to draw conclusions from trends by following (in some manner) these two. Whether it be momentum indicators, candle sticks, moving averages. They all stem from these basic concepts of volume and price.

There is nothing wrong with making speculation based on these studies. I'll never understand where or when this idea of "randomness" in the market got such a stronghold foothold on /biz/.

It is wise to follow both fundamentals and technicals. Don't fall for the trap of having your opinion blind you from helpful insights.

>>2702755
moon. whole market is going to bull until the end of july.

>>2702779
STOP PULLING SHIT OUIT YOUR FUCKING ASS.
I HATE BIZ

Doom. whole market is going to bear until the end of july.

>>2702681
1600 what

>>2702690
satoshis

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>>2702698
what the fuck is this thread even saying. did he mean 2600?

wawawa ethereum sucks, buy my coin instead!

SIA devs are faggots.

I'm going all in in SIA

>>2702696
??????