Thread 60818459

>Be me
>See a coin I want to buy
>Wait weeks and weeks for a dip
>It never comes
>Give up and just buy it at elevated price
>Next day it dumps -20%

FUUUUUUUUUUUUUUUUCK WHYYYYYYYYY?!?!?!?!?

>>60818459 (OP)
Buy again.

>>60818459 (OP)
Funny how this is everyone's shared experience. Then it will start pumping as soon as you sell it at a loss. Has anyone investigated this phenomenon?

>>60818459 (OP)
Get shrecked

>transferring Roth IRA to buy IBIT
>process takes, no joke, six weeks to simply move money from one account to another
>Bitcoin pumps the entire duration
>I buy, I lose a substantial sum right out of the gate

>>60818459 (OP)
>watch it go up
>why won't it stop going up
>stop
>pls stop
>buy high
>dumps

>>60818506
Most people are really good at FOMO.

>>60818506
It's simply because organic buyers can't beat the market maker algorithms. They're literally programmed to counter trade their users' trade behaviors. Hence why it pumps after mass long liquidations and why the "bog" effect happens to spot buyers and sellers.

>>60819050
>It's simply because organic buyers can't beat the market maker algorithms
It’s one reason why crypto is dying out. Organic buyers keep getting fucked over and simply quit. It’s part of the reason why this “cycle” is the way it is because no one cares anymore

>>60818916
This makes sense
>>60819088
This doesn't. Crypto is more popular and "normiefied" than ever. Hardly dying. Obvious it's not going anywhere. It will always be around with the stock market.

>>60818459 (OP)
>see a coin pump
>decide to buy it
>coin suddenly stops pumping and crab
WHAT? HOW LATE AM I? How the fuck does it always stop pumping the moment I buy in? Oh yeah and it suddenly dips too.

>>60819088
Also the fact that you can buy and sell 24/7 without any cooling off your head when you feel like panicking is bad an prevalent in Crypto. It's full on emotion. My millionaire relative that is a stock boomer told me this. At least with stocks if you feel like selling, after 5pm you can't and now you get to think about your decision and so does everybody and when they cool off, they realize how retarded they were being. No panic selling during the night.

>>60818459 (OP)
This is the /biz/ experience. It will never go any other way because you post here. It unironically took me a few years before I started getting good timing. And I still get fucked. The worst is when you have a plan in your head, you almost buy in/sell to put it into action, then you hesitate and decide to wait a day, then the next day you’re priced out and your whole plan would have totally fucking worked but you hesitated and now you capitulate fomo buy/sell and it goes horribly wrong.

>>60818459 (OP)
Only buy 1/4th of what your gut says

>>60819126
I've had sleepless nights watching charts. Thinking: "how much more will it crash by the time I wake up. Maybe I should sell now" etc...

>>60818459 (OP)
>be me
>buy memecoin as a joke because I saw a frog pfp post ngmi
>chart immediately looks like a NASA launch
>dextools keeps pinging like it owes me rent
>call my cousin who still trades penny stocks
>he thinks meme is a new biotech startup
>he buys too
>mfw this thing refuses to dump

>>60818459 (OP)
Well at least you didnt lose 1/4 of your bag to that fat ninja and his fake pump and dump picks

>>60819151
Kek, I used to do the same. I don't do that anymore. I have a strategy/philosophy and I stick to it. Every time I deviated from it, got emotional, FOMO'd etc. I lost, every single time, without exception. Every time I stuck to the plan, even if the victories were small, sometimes Tiny. I never lost.

Stick to your plan. Ignore charts, ignore the numbers they're meaningless.

>>60819050
>>60819088
Well, of course.
Crypto being a casino for gambling retards is not just a meme.
The house always wins.

Would anybody take part in some screenshot threads? We agree on a coin, exchange, timeframe etc and all take some screenshots at some specific time. I unironically believe (to some extent) exchanges just show you whatever they want, at least on the 1 minute chart. Nobody ever checks if the numbers on your screen are real, wouldn't even be surprised if exchanges run some elaborate network to show specific price action over different exchanges to your IP. Yes I know that sounds paranoid as shit but it would be fairly easy to implement from a technical point

>>60819088
This

>>60819097
>Crypto is more popular and "normiefied" than ever. Hardly dying
No it’s not. The volume is fake and manipulated just like everything else. Normies holding $300 of eth doesn’t make it normiefied

>>60819480
>Crypto being a casino for gambling retards is not just a meme. The house always wins.
Of course, but the retarded degens had better odds before than they do now. The complete manipulation with the extra layer of bots added on top make it almost impossible for anyone other than insiders to make any significant amount of profits

>>60818459 (OP)

What's also great:
> you wait for a dump
> it dumps
> you buy
> it dumps 2-3 times lower lol

or
> set buy order at price X
> market tanks
> you get euphoric hoping for some cheapies
> buy order reverses 1% away from your price target and gigapumps... every single fucking time

>>60818459 (OP)
It's a doggy dog world

>>60818459 (OP)
just bought another stack of anon, despite everything currently going down. we shall see if buying le dip is something to envy or something to laugh at, op. watch me.