What should you do when you lose >$10k? How do make money like that back in a relatively short amount of time?

try to learn from it. next step u want to do after losing 10k is to get it back right? relatatively fast right? thats how u fuck up. soon u nneed 20k. relatively fast because u again, fucked it up. the more u have to win back the bigger risk ur willing to take and more likely ull end up losing more.
Try accepting ur losses. you dont need to win that money back. u might still do but u dont have to. dont up the risks. dont hurry.

stop trading shitcoins.

Checked and thank you, that's actually solid advice. I have always been impatient.

Should I just stick to shorting reputable coins like BTC/ETH/LINK?

>degenerate gambling to make the money back you lost degenerate gambling

ohnononnono nigga what are you doing

just hold the reputable coins and wait 5 years. Guaranteed 10x. Shitcoins are much more risky and you can easily get wiped out.

You need to type in full words, but this is good advice.

well what are you dong exactly?

>1 BTC
>32 ETH
Yeah I've heard stuff like that before. But I mean, 5 years? Certainly sounds safe no doubt, but it's hard to accumulate on projects like that which have already mooned basically.
Like if this was 3 years ago, trying to buy into Link at $0.17, or 6 years ago trying to buy into ETH at $0.30, I could understand your stance.
But can you really "make" by buying into these projects now? Would it really be enough?

*doing

I've been running a construction company for 7 years and I'm 29. From financial metrics, I've "made it". If you want to make it there is literally no other way to get your income into the mid 6 figures without starting a business (unless you went to college for something not retarded).

Trying to get rich off crypto is the equivalent of trying to get rich off scratch offs.

>If you want to make it there is literally no other way to get your income into the mid 6 figures without starting a business (unless you went to college for something not retarded).
Well getting that initial amount of money to get started is the problem. I'm not looking to take out huge loans or go into massive debt just to start a business or get a degree. I figure even 100k or so would be fine enough for that.

I did have 10k. That's one 10x away from my goal. Just need to get back to that point.

that's only for shitcoin buyers
if you have something like 3 BTC and 100 ETH you just need to wait 5 years and you've made it

There are so many industries you can enter with less than 10k. You can get that working for 15 an hour at Amazon.

You dont need an original idea. Find any business that you think you can do and has some sort of barrier to entry (equipment costs, regulations, skill gap, client networks etc). If you find businesses that are easy to do and with no barriers of entry the business is going to be too competitive and full of illegals and pajeets. Kinda like how internet services are filled with Indians undercutting prices and the same with Mexicans and mowing lawns and cleaning houses.

Most of these businesses are going to be service-based so after you buy the basic equipment and learn some knowledge about the industry you can start making some money. With that, you can reinvest into more equipment to do bigger jobs or projects. I started my company with 10k worth of equipment and rented the machinery needed. I did small home improvement projects then reinvested the profits into heavier machinery to do commercial buildings for larger contracts while hiring staff.

Your main goal right now should be to save money, learn about business, and build credit history. You dont need to know what business you are going to enter but you know that you're going to need the money and some general business knowledge. You can take the 6 months you spend working at amazon figuring that out. If you dont know where to start look at the NAISC code list. It's basically a list organizing like 40,000 industries and niches in those industries. Find one you see yourself in and start planning.

Also, you could go into sales while saving the money. No matter what business you go into, your going to need some knowledge of sales as a business owner and you can learn that there. Though sales is soul sucking and a hell-hole its best to learn sales at a sales job because they'll teach you and you basically accustom yourself to working for your wages through commissions. You'll also probably make way more money than working at amazon.

I refresh my portfolio the next day. Hopefully by then LINK would be back up. For example today I'm at $220k while I was at $159k just some weeks ago.

I lost 3k

all losses should be recovered by Geeq

just get that shit and have a 10-20x you newfag

This.

If you had a reasonably reliable way to quickly make 10K then you'd have done that. There's no way to make it more quickly than usual that isn't also more risky than usual which is exactly what you don't want right now.

Just do your best to carry on as normal.

You don't know what business you want to go into but you're sure you can't start without 100K?

There are lots of businesses you can start for FAR less than that. This is an avoidance tactic.

I lost 30k in 2017. Made it back this year, with cryptos.

Depends on what 10k means to you
Is it 10% or 99% of your worth?
If its not a big hit you take it on the chin and move on
If you lost it all well... better get to suckin'

Lol that's it? I lost $70k unrealized crypto gains. I started with $5k.
I got over it by continuing to make new lift and running PRs.