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What is your most expensive financial lesson? Mine: Never invest

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Thread replies: 24
Thread images: 4

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What is your most expensive financial lesson?

Mine: Never invest $2k at the peak of the bubble
>>
>>2151136
Always check the volume... $800.
>>
>>2151136
yea go ahead and keep trying to time the market lad. you'll never learn. research the coins you believe will succeed and INVEST NOT TRADE
>>
>>2151136

Don't take on stupid debts to finance computers, trips to Amsterdam and whatever else

+5k in interest

Also

Mining stocks are the devil

1000 dollars unrealised loss
>>
>>2151192
This.

It took me a while to learn this.

I had 12,000 ETH back when it was <$1

But I traded, constantly. I didn't "lose money" but I missed out on massive gains.

I'm all in on ETH now, but only have 1,500 ETH.

It's still worth a fuckton more than I started with, but I could've been a multi-millionaire if INVESTED instead of TRADED.
>>
Don't miss your flights on the airport

Don't get carried away with Kickstarter when you're 18

Don't bet Hillary is gonna win

Don't drop a class every other semester in college

Don't have parents who didn't save for retirement

Don't get a vanity degree unless you're an extremely driven and charismatic person

Trying to fix these, I'll let you know how it goes.
>>
>>2151382
Technically you did lose money as you now have less ETH than you did.
Missing out on gains would be like maybe selling DGB early
>>
>>2151382
damn anon the feels but 1500 is still a fuck ton. you'll be a millionaire sooner or later :)
>>
>>2151572
Cryptos are not money.

The USD value of my portfolio has been increasing every week since inception. I have been making money.

I've just lost opportunity.
>>
>>2151136
Bought into POSW low, but kept buying as it went up.

Could have sold at 25c, got greedy. Still hodling my original investment, and managed to offset the more expensive orders by buying into the last dip.
>>
13 lost eth during the Krakening. Stings still.
>>
>>2151542
>Don't have parents who didn't save for retirement
Wish they would stop buying stupid shit. If it was money difficulties due to legitimate issues I wouldn't mind, but I don't feel like paying later for the useless trash they buy now.
>>
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>>2151192
>swallowed daddy crypto's whole load
>>
>>2151382
I didn't think it was ever under $1 USD?
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>>2151136
Don't sell for no reason after buying and holding

Lesson learned on BITB, bought at 13 sats sold at 20 sats two days before they broke 100. Wouldv'e been 3.4 BTC gains

Currently learning from it and holding two promising coins, XBY and DGB
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>>2151382
>I'm all in on ETH now, but only have 1,500 ETH.
>only have 1,500 ETH.
>1,500 ETH.

tfw have 10 times less ETH.

Just HODL dude you are already a citizen of lamboland.
>>
>>2151382
>traded away 12k ETH

goddamn i am mad at you
>>
>>2151675
it first sold for 40 cents
>>
>>2151192
Good ideas fail all the time.
Just look at 90% of coins. Especially the early ones. Dozens other coins came out with ETH and they all had promising, innovative, and unique ideas. But many are dead.
It's very easy to say in the moment, "this is the next big thing" but in many cases it isnt and holding will only leace you with a fraction of a fraction of your money.
But you won't listen.
>>
>>2151382

Or you could just not make retarded trades and you'd have way more ETH than what you started with.
>>
>>2151831
I was doing extremely well.

Then ETH broke its ATH and I sold at 25$ after a big pump.

Seemed like the logical thing to do....
>>
>>2151750
Where I live, 250k isn't very much money.
>>
Never spend more than $1000 on a computer, much less a fucking Alienware.
>>
>>2152344
where is this magical land of imagination
Thread posts: 24
Thread images: 4


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