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Archived threads in /biz/ - Business & Finance - 5281. page

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>sold all my ETH when it was at $88 yesterday
Yeah I know I'm retarded and missed out on huge gains but what do I do now? Cut my losses and buy back in? Will there be a dip soon I can buy back into? Or is there another ETH level moon mission coin coming up? Help me out /biz/.
18 posts and 5 images submitted.
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>>2116585
There is always a dip. Wait a few days and it will be back around $105-$110.
>>
Put it all into GNT.
Can't lose with the jews
>>
Don't worry I sold 2 at 88 for dgb 3 weeks ago. Just buy back in a week.

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ITT I want to hear your petty excuses why you are NOT on the Myriad train yet
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By heaven, MYR already hit 48 sat.

You folks are missing out.
>>
49 already
>>
im in the myriad

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Did rich dad dude go full /pol/?
Got this email from him since I'm on the mailing list.
>Muh cabal of globalist bankers
>99% chance to succeed
>Trillions in assets vaporised overnight
17 posts and 4 images submitted.
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>>2116453
fake and gay
>>
I live in illuminati central. Trillions of dollars a year pass this place. And the majority comes from American companies. Nobody is going to attack their own source of income. That's ridiculous.
>>
If the words global elite are anywhere in anything disregard it as stupid bullshit.

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>thought you couldn't cripple the ripple
>buy 5k XRP
>instantly goes down 20%
>gets crippled

WTF /biz/, please tell me I'm going to be ok
15 posts and 3 images submitted.
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>>2116389

I don't think so..........
Goodbye world.
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>>2116395
Moron, the volume shot up 300btc in 15 mins since the dip. It's going to shoot back up, buy the dip
>>
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>>2116389
I filled my pockets with this cripple coin in the apocalyptic dip

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Sitting on 61ETH, should I buy anymore now? Wait for the next dip? Hodl?
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>>2116353
Buying at a ATH, sounds like a good decision.
>>
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>>2116367

But, if it goes to the moon surely this is the small fry stage still?
>>
>>2116367
ETH is always at an ATH because it never goes down

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Algo trading

Really hope some of /biz/ algotraders can answer these questions for me.

In a thread a few days ago some anons were talking about algo trading. I'm finishing up my bachelor in CS and would like to learn how to start with algo trading over the summer before I start with my masters. I read the page on investopedia about algotrading, but the comments in that thread made me suspect it can go much deeper than described there. So I have a lot of questions, would appreciate an answer on any of them:

As I understand it you need to create mathematical models and write expert advisors that utilizes these models to do favorable trades. Are there standard models available on which to make variations? Where do I get ideas for making these models?

How much knowledge do I need of the stock market?

Could I start out in a small niche so that I can make something useful quite quickly?

Also, is it viable to sell algorithms that you make in metatrader4? I don't have much money myself, so even a very successful algorithm wouldn't make me much if I just used it myself.

And lastly, is it a good idea to take a course if I want to learn fast(er)? The programming part is obviously going to be easy for me, but everything else is new territory to me. Any opinions on algotrading101 for example?
11 posts and 2 images submitted.
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Buy ETH
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>>2116033
You can't beat the market, buy and index fund and hold.
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>>2116033

There are tons of "open source" strategies out there, especially mt4 stuff, but you're going to find that most systems are garbage most of the time.

You need to know a lot about the stock market. Contrary to popular belief, algo trading isn't about following moving averages. It's about exploiting inescapable inefficiencies reliably. You aren't going to find a magic indicator, you've got to be clever about finding, isolating and exploiting opportunities. That's why they call it "quantitative."

There is no such thing as "getting into algo trading quickly" It takes years, mostly because you'll have to build most of your tools from scratch. As you already suspect, that's actually the easy part.

Do not underestimate how difficult it is going to be to create robust and reliable strategies.

Selling strategies isn't really viable. If you had something worth buying, you'd do better just to start your own fund.

Any course you find is just going to feed you the same crap you'll find in a book like "all about high frequency trading."

Hope that helps.

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AMA dipshits
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>>2115973

Portfolio, please. I'm guessing you made a lot of gains off BTC and ETC. Curious about your other holdings.
>>
How small is your penis?
>>
Post ya coinbase o sum shieet or i wont believe ya cracka lyin ass whiteboi

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How long does it take for bittrex to fucking compute that you just sent bitcoin to your wallet? I sent some bitcoin from coinbase using the wallet code from bittrex and it still isn't showing twenty minutes later? Is this going to take days or what?
12 posts and 1 images submitted.
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Btc is plagued by shitty code and it will remain that way for a while
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I transfered like an hour ago and it was fast, check blockchain.info
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>>2115959
but not from coinbase

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>9 march 2017
>stupid no coiner studying cryptos for the past 2 months
>ready to make first investement
>looking at ETH
>see some potential price is only ~$16
>justifying to myself to put 3k on ETH
>sign up to gdax to purchase ETH
>they delay me because they need ID+passport or driver's license
>i have only ID
>in meanwhile ETH jumps to $23-24
>not that intrested to put the 3k in that price
>waiting for it to drop to ~$20 to buy

still waiting :( for real this is driving me crazy guys . I also was near to put 5k when it was at 40$ but chickend out . i will die as a fag no coiner.
16 posts and 4 images submitted.
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You would have sold at 30 anyways.
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>>2115920
I sold too early
hoping there is another dip
will there be one soon?
>>
>early March
>thinking about buying ETH
>nah $40 is too expensive I'm going to wait for it to drop
>it drops to $33
>buy
I'm lucky as fuck honestly. Then I further lucked out and bought XRP when it was under 1k sats.

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>Terracoin (TRC)
>based on Dash's decentralized core
>is currently in the process of submitting to Bittrex
>is sure to take off in price
>great long-term value

Real hidden gem here, lads
11 posts and 1 images submitted.
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>>2115728
Tell me more about it
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>>2115728
When's it gonna be on bittrex, nigger?
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>>2115743
It's basically created by a geek who doesn't seem to chase any profit. So it's been in slow motion for years and now is being redone to integrate some techy shit.

>>2115755
It might happen as soon as this month, but even if later, it will happen for sure. The coin is on a steady course, and the price will explode once it happens.

Ok cryptofags, here comes a small redpill for you to swallow. These are the following cryptos I've been following the last month.

>XBY
Big risk- big payoff. I their tech is correct, we're looking at fucking x1000 pumps. Worth the investment of $100 if you have it.
>DGB
If it's implemented in Steam and possibly some other gaming platforms, it will definitely be a worthy profit.
>XRP
Always bet on the fucking jews. WHY? Cause jews know money. The banks have figured out that we're trying to fuck them over with crypto and want a piece of the pie. This is a good long term investment.
>Humaniq or whatever
Vitali is pumping this coin for some fucking reason. It might blow the fuck up, might now. If it allows people from Africa and other places to transfer money, it'll deffo go up.

>This ain't a trade for day traders.
I haven't followed any other pajeeti coins.
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>>2115724
Bought into XBY at 468sat, is there any hope?
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>>2115796
there is. Just fucking grip it tight and don't let go...
>>
shit thread

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/biz/ should be renamed to /biz/ - Cryptocurrencies and pump/dump

Literally the entire catalog is filled with crypto threads. Might as well rename it /cry/ or something. Any other suggestions?
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>>2115662
stay poor nocoiner
>>
>>2115662

stay poor nocoiner
>>
/biz/ was literally, LITERALLY (NOT EVEN MEMING), created as a containment board for cryptocurrency discussions because /g/ was getting flooded with Bitcoin threads.

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How do I explain crypto's arent a pyramid scheme to my dad so he will invest in an ICO with me?

>show him my gains
>son I invested in the past it was a bubble
>you can also lose money sell it now
>be careful son
>dont lose all your money
12 posts and 2 images submitted.
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My dad was like this too but because he lost like $20k in stocks when he was in his 20s. Wasn't until I showed him that I've cashed out more than I ever put in that he relaxed and stopped worrying about it. He still wouldn't invest though, he's very risk adverse because of his earlier experience, he won't even do stocks in mutual funds for a retirement account, he only does bonds.
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>>2115431
Live your own life, faggot
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>>2115454
I made 11k I just want him to get some profits too

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NOCOINERS AND FUDers ABSOLUTELY BLOWN THE FUCK OUT
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Do you even praise the sun?!
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...
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Finally I'm on the ride to the fucking moon.
1$ is not looking like a dream anymore.

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I am currently storing all my 14 Bitcoin at an exchange to sell off very soon for fiat, as I believe a "crash" of -25% is incoming.

Is anyone of you following similar motions?
20 posts and 4 images submitted.
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>>2115144
I don't think a crash is incoming, but fingers crossed and nothing fucks up until the end of the year, I am planning on cashing out gains as I go so if/when this shit does blow up, I'm not with with a bunch of funny e-money.
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>>2115144

I thought the crash was going to happen when eth and btc hit 100/1800 respectively.

I was wrong.

You can't predict the pop. Like other anons have been suggesting, once your poor neighbor starts talking about crypto gains, it's time to sell.

One of my normie friends started to talk about it, but he knew about bitcoin. It's a start to the pop, but I think this thing has another 3 months because of the 120 fbi investigation into bitcoin being liked to terrorism.

I think the USA will ban bitcoin for terrorism reasons, and this shit will crash.

Screencap this. We have 3 months to make money and get out.
>>
No.
I have every faith that it will continue to go up over time, i don' care about selling and reinvesting or selling to avoid a temporary loss.

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