How... how are you guys so good at this? I just don't understand

Congrats OP, you've been redpilled. And you're smarter than 98% of the people here because of it. Do you wonder why everyone here is anonymous? Or why no one can ever seem to go back to fiat, even before the bubble burst today?

Most people here are liars, delusional, autistic, or all of the above. You're not dumb OP, you just fell for it. It's all fake.

Alright. Just been feeling down about buying something at its ATH and seeing it flatten by 75%. But I think in the long run its going to go well, so I just need to take some time off, and when I'm in the green again, and see if I can just be patient and chill and take profit and say fuck greed. Had LINK sitting at $1.50 I had bought for 30 cents and never took profit.

king of lies actually isn't lying this time around

No one here actually knows fuck all about finance, crypto, or blockchain. It's mostly autists who got lucky and are on a newfound high because it was this or flipping burgers. Don't feel bad.

BTC and ETH are both now proven bubbles, so don't touch them. In general, if it's posted here, then some autist has already fucked it up.

Crypto might be on its way out, but if there's another BTC in the pile it's going to be an altcoin. For those, you just have to be patient and hodl.

Maybe you're right. Maybe its just a thousand mentally fucked up neckbeards in dirty rooms that are living fantasies alongside one or two autistic chad financial geniuses.

This board truly makes me sad. This board is filled with people trying to deceive others into buying useless internet numbers.

One example is they will tell you "we'll all get rich" or "we'll all make it." That's not possible though because this game is zero-sum. If you want to cash out you need to sell and for a sell to be made there needs to be a buyer. Somebody bought DGB at 2200 sats. Did he win? No, of course not. He got tricked by people who told him "it will moon bro."

Another example is someone will tell you "buy X coin, bro, it's totally undervalued." This is another scam phrase because the current valuation of these coins is not based in anything predictable. There is no way of knowing what a "true" value of a coin should be because the price is heavily determined by manipulation, insiders, hype cycles, speculation and pump and dump groups. There's nothing in economics theory that tells you the real value of Monero is $400 or whatever. So when someone tells you a coin is undervalued or overvalued, in reality they have no idea and are trying to trick you.

Also, are you thinking of "long-term HODLing?" Know that these coins mostly have no real world use and these more than 2000 cryptocurrency companies and teams will not be around in 5 years. Do you really know why these companies need to use a blockchain rather than a centralized database? Let alone a cryptocurrency on top of it?

Just know that when it comes to making money - it's purely about getting other people to transfer their wealth to you. This makes people turn into liars and cheats and you shouldn't believe most things posted here.

Then you're off to a good start. link at 0.30 is a solid entry.

Trust me, don't let yourself fall into the 'what if' trap. Try to think as pragmatic as possible. Take the boring approach, as exciting often leads to mistakes.

When you link hits $1 again, sell 25% and invest that elsewhere. when link hits $1.50 do the same.

The sooner you can forget about chasing the 300% moon mission, the more likely it is you'll catch one unexpectedly. Use social media to expose you to coins, but make decisions based on sound, thorough research.

The fact that you are self aware enough to consider your strategy means if you keep your shit together and focus, you will be fine

Pretty much. There's geniuses spread out who knew what they were doing when they bought BTC in 2011. But they're rare. They certainly aren't hanging around Veeky Forums.

Good copypasta is good

Do you research, nobody makes this many gains with just luck!

Don’t blindly buy into a coin just because it’s been shilled on here, research it, read the whitepaper, for fuck sake I can’t stress this enough, if it makes sense to you and you think Itab good idea then buy it and stop panic selling when there’s any sign of a dip and fuck it for the rest of us.

Have a target goal of what you want to achieve abd stil when your bit it, don’t forget to take out your gains, shitcons wont moon forever. If you first here about a coin on here then you’ve got 3 days max left on it

It all takes time to learn and no matter what anyone says we all lost money starting out

Hint: you can utterly fabricate your folios

Remember you haven't actually lost ANYTHING until you Sell!

If it's down you just need to HODL. Be patient.

thanks bros, (You)s all around.

We aren’t all so good at it.

I came in 1/1/18 with $900.

Bought XLM and it tripled like over night.

Then I gave like half it away to a scammer.

Then made a couple bad decision up until I miraculously went all in on neo before it mooned - so I’m still working to get back up to where I was Was before I just randomly gave my profit away.

Don’t feel bad OP. I haven’t told anyone that I got scammed. But I thought you might feel better hearing the story.

>Had LINK sitting at $1.50 I had bought for 30 cents and never took profit.

Never day trade. Especially don't think about day trading something that everyone agrees is a long term investment, such as LINK.

>BTC and ETH
retard confirmed. ETH is responsible for over half of all transactions in the crypto space. And has the most developers by far. It's one of the few cryptos that is guaranteed to be around in 10 years.

...

how did you get scammed?

Dude, you know how much hand holding I needed to get to where I am? We all did, and now complex shit comes naturally to us. I think that's what is intimidating you. Stick with it user.

I'm in the same boat buddy, I feel inadequate in all spheres of my life, got into crypto a week ago and my initial investment halves, so don't feel too alone.

en.wikipedia.org/wiki/Selection_bias

How fucking hard is it to DYOR?

YOU BUY A LOW MARKET CAP COIN WHICH ISN'T TOTAL SHIT

YOU THEN HOLD IT AND DO NOTHING AND GO ABOUT YOUR LIFE OCCASIONALLY CHECKING IN ON NEWS

THAT IS IT

>We all did
SPEAK FOR YOURSELF BRAINLET

Realest post I've read here.

Copypasta or not.

...

normally discord groups are shills but this one is a pretty good place that has discussions and shit, ultimately it's a Pump and Dump group. Meaning it aims to collectively buy a lot of shares of a specific coin and when the price goes up they sell for profit. join desu
gg / xyfhZTT

it's pretty simple actually

those who were lucky with their choices write here

those who were not largely keep silent

>How are you guys so good at this
Most of us aren't. It's just that the ones that are, are more likely to brag.

t. up 1000% this month

Most people who have made money on this have done so mainly because it's a highly speculative market in its early stages still. All you have to do is buy coins earlier than almost everyone else, and wait. I suspect insane gainz won't come by so easy once it cools off, which I predict will happen either when regulation comes, or when blockchain technologies have matured to the point where adoption saturates (companies/people begin to actually use the things currently being developed), and new ICOs offer less of a value proposition than they do now. I predict this will happen sometime in the next 2-5 years.

Thanks for writing this.

I don't feel so alone now, I'm in the same boat.

I'm Joe Average, with ADHD doing minimum wage jobs, trying to make it.#

Good luck friend.

every half decent crypto has this pattern on any timescale

This board truly makes me happy. This board is filled with people trying to help others get rich off awesome crypto projects.

One example is they will tell you "we're all gonna make it." That's totally true because we're early adopters. Most people have no idea what cryptocurrency is or how to buy it. We're a small group of tech savvy young guys and our crypto riches will turn us into the new ruling class.

Another example is someone will tell you to buy a coin because it's super undervalued. It's essential to find undervalued currencies that have a lot of room to grow. Privacy for example is becoming a a major issue with government and hacker intrusion into every facet of our lives, so privacy coins will grow because they are severely undervalued.

Also are you thinking of "long-term HODLing?" That's a good idea. Only a small percent of fast reacting individuals and bots can be successful daytraders. Holding long-term through the ups and downs is what make a lot of early Bitcoin adopters rich, so that can be you too with the newer projects. Don't just sell at the first profit you get because the long-term profit will be greater than the short-term profit. Don't panic sell the down turns either. because they will come back up. Cryptocurrency on decentralized ledgers is a new technology with so much potential to be used by so many companies and you really are getting in early.

Just know that when it comes to making money, it's about encouraging others to get in on great opportunities which encourages them will help you in return. We're all friends here for the same reason so let's help each other by sharing information and posting great threads.

You get coins you believe in and wait, you only lose or win after you've sold it. I'm all in on POE, went from 4.2 to 1.5k but so what because this is solid hold and will recover

If you ask the right questions (prove you've at least tried to research or think an approach), you usally get right answers or a comfy discussion between 2 arguing fags where you can learn things. Mostly, until you're not sure what you're doing, don't do much.

First of al, don't sell at a loss.
Read up on some signals based on technical analysis. I suggest STRAT, PACC, COLX, THC and ENJ.

Technical analysis based on indicators gives buy and sell targets. You put an order around that and do whatever you want till its triggered.

Dont know anything about technical analysis and indicators? Join this discord where a pro stocktrader (HSBC UK) teaches over voicechat for free. Why am i shilling this? So i can get premium membership that gives me 30min of private teaching with the stocktrader. Don't believe me? Don't click the link.

This is no pump and dump or mutual funds group

> pic is of an recent example of a signal given by the discord

GcbXdfG

lmfao. this made me kek hard. good one.

additionally news can never change the trend only the speculation on the trend
the crypto bubble is alt coins, whatever cryptocurrency wins will be able to facilitate all apps

Someone claiming to be an investor - very elaborate social media presence - lots of fake profiles and testimonials and fake giveaways of things like iPhones and laptops.

Asked for X amount of btc for Y return... then when the time came - just asked for more and more.

Lesson learned. Like I said - most of it was xlm profit - but still - little over 300% my first week had me thinking I could give this a go.

I’m doing fine now again / but I was an idiot.

user a good place to start is quality people to follow on Twitter, YouTube and other social media. My faves at the moment are: Clif High, Bix Weir, and High Altitude Investing. Watch every video on their channels, buy their reports, etc. From there, really learn why they pick what they pick and some TA. These will help you to make your own decisions in the long run.

You won't make it.