Tell me Zig Forums. Am I as retarded as I feel right now?
I caught the crypto bug about 2 months ago. I put $5,000 of the only $6,000 I had into my portfolio and made mistake after mistake and watched my money dwindle and dwindle down to a 50% loss. Kek gifted me with 1200 uni and thankfully I had the tiny amount of brainpower needed to hold it. When it started to fall from ATH I liquidated my assets into about $10k, keeping 300 uni to see what happens. I realized that I don't have the hands, let alone the brains to make it right now. I'm writing off the emotional turmoil of the past couple months as a learning experience. I'm taking my undeserved 100% profits and gonna try to use it to grow my ecommerce business. Despite this perhaps seeming like a tale of triumph to my fellow poor fags, I can't help but feel like a brainlet thinking of the gains I've blown or missed out on. and where I could be if I had operated just a little bit different. How do I cope with this feeling. Why do I even have this feeling, I just doubled my fucking money.
I just bought into the whole "100X NOW GO GO GO" narrative. I still feel crypto is a viable investment pursuit, I just need to educate myself and come back ready to treat the space as such.
Ri...right?
Juan Morris
I think crypto is two things:
extension of the internet, super computer, global network concept
extension of the money paradigm to blend with the capabilities of the first idea
I'm more interested in learning about computers and the code behind these new interactions than I am about risking myself like a gambler.
Maybe as I gain experience, and knowledge, about the emotional side of the gambling, and actually understanding what I'm looking at when I see new projects and analyze the code, then I be riskier on the financial side.
Until then, I want to learn more about this blockchain mathematical and psychological / sociological structures.
I'm a poorfag idiot, though, trying to turn things around, god willing. ;)
Ethan Perez
Only really used to trade, not an investment. That highly speculative and illiquid asset holding screams massive risk.
But don't listen to me, you can 100x easy on some pajeet scam coin which has zero reasons to exist, other than to feed the hopes of the wage cucking masses.
Levi Edwards
fair point, when most people call something a "long term hodl" they mean like 1 year lol
Liam Walker
my thoughts exactly. That's why I kept a little uni even though i'm at my witts end with this game. I see the use and the potential.
Xavier Reyes
You fell for the shitcoin scams. DCA buy and hodl BTC is proven to perform over the long term. Trading crypto and tokens is just a Zig Forums meme to steal newfag sats
William Butler
btc seems kinda retarded to me...
Tyler Sanders
Good instincts. Dev team thinks further development is unnecessary.
Jayden Johnson
Walk away from short term trading for a while and just focus medium to long term. I had to do that after all the volatility in 2018 crushed my soul. 2019 was a great turnaround for me because I was patient and only took the best opportunities. I traded crypto about 10 times all said and done and all trades were successful. Just make sure that at the end of your hiatus, you do not forget the stress and emotional distress that accompanies high risk, short term trading. Always manage risk, because your sanity is more valuable than the potential to make gorillions of dollars (and you will wind up going broke anyway if you cannot stay cool, man).
Samuel Price
Same user. I did make profits initially on my first run through, but I started slipping into jeet shitcoins. Checked the contracts but didn’t see any POL, and trading on mobile is a horrible idea. Lost me about 400$ cause of mobile trading. But I’m about to reup and devise a wiser strategy. A wise user here once said, if you’ve made back your initial investment +30% more then you’ve made a profit. Gonna try to stick to that rule.
Christian Long
huh
Jonathan Miller
Invest in gold crypto is a scam.
Austin Gonzalez
Fellow retard here friend. Also lost 50% of my initial investment. Had a mental breakdown earlier today after I bought more uni at 7.25 then saw it plummet to 5.30. Hang in there. We’re going to make it. Someday. I think.
There's a legit (I think) coin that's currently still yet to moon from its ICO since it launched just days before the september sell off derailed the summer bullrun. Gonna throw a few hundred into that. If it goes to where other alts have gone (a few cents) I'll literally have hundreds of thousands and cash the fuck out.
Trading usually isn't easy at first. Buy low sell high sounds simple but various mental obstacles get in the way, if you keep trying you can improve.
Matthew Foster
you need to join a frens group user. there are some of us out here trying to help people /makeit/
Charles Jones
Yes, you've learned (very slowly) that moonbois get rekt. It really is as simple as buying a decent coin and waiting. There's a reason coins increase in value, and if that reason is a bunch of pajeet rug pullers and you aren't in the club you can bet on a 90% chance of you being the one to get rugged instead. You shouldn't be investing for the purpose of being the pajeet yourself but being the first to recognize actual value. This isn't to say don't sell, I am an asshole and I love dumping my bags on FOMOing retards at the tops, maybe they should have bothered to do 5 minutes of reading a year back, no? But if you're only investing in scams eventually you're going to be the one that gets rugged and when it happens you're lucky you got away with a 50% loss.
The TLDR here is buy something useful, wait, and stop being a retarded gorilla nigger. You've been given the opportunity of a lifetime here, stocks move to fucking slow you'd be lucky to make in 10 years what crypto can make in a month
Samuel Gray
Poorfag here too. I started with $1500 1 year ago and today i have $3500. The key is experience and patience.
Also, most of my poor factor is because i am brazilian, jobs usually here pays $70 USD p/ week.
You literally need to buy Link and hold. It really is that simple
Kevin Cruz
I say keep something in the crypto space but don’t fall for the get rich quick meme. I like many others here feel like this is the future of money that’s going to render our traditional notion of government useless in the next century or so due to the decentralized nature of it all. HODL BTC and ETH
Easton Lewis
this is solid advice^. especially the part about not conducting your investments like an IQ 85 homo erectus.
Nathan Morales
> The TLDR here is buy something useful, wait, and stop being a retarded gorilla >this is solid advice^. especially the part about not conducting your investments like an IQ 85 homo erectus. fuck you faggots monke is the only solution youtube.com/watch?v=MIyBFNjc1kY ITS MONKEY SEASON UNI $100 EOM LETS FUCKING GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO