Please staff restrict bear posting for a week. I am losing my life savings as we speak. I am in debt and down 40% on my fucking positing. I come here for some support from folks who are in similar situations but all I see are smug bears.THIS MUST STOP! I get it you want to have fun but think for a moment that there might be some folks who don't find this funny at all. NOT. AT. ALL!!!!!
>>61316159>folksyou were groomed
>>61316159What a faggot, asking jannies for psychological help is a new low for biz. Just grin and bear the pain, we're just getting started, NO CRYING IN THE CASINO
>>61316159yes fren, i'm a bobo but here to help you, maybe you should add more leverage and dca? obviously it'll go back to $100k soon, just slurp and buy the cheapies fren.
>>61316159you mean you have so much money in this shit that it would cost you 500$ just to close your positions?got it.
>>61316329>>61316332After the flashcrash in early October I thought this was final flush. Everyone on x was so bullish saying how all leverage positions are now gone and the VCs will pump everything very very fast. I put all I had left and some more on top from the largest personal loan I can get (~$60k) on leveraged longs.I cannot make rent and payments on the loan I will be bankrupt and we don't have personal bankruptcy in my country
>>61316159no crying in the casino
>>61316464Do you also cry to the casino floor manager when you lose it all in blackjack or roulette? What did you think this was, a guaranteed rock-solid investment? You are a fool, and now you will face the consequences of your midwit decision making
were you here in april? kek
>>61316464imagine some poor bobo with only $500 might read this and get sad.if market pumps he will lose his money. what would you say to him?why is your money more important than his?
>>61316464Your mistake was believing everything you saw on social media. 40% of people online (including biz) are morons and 40% are scammers. You need to be knowledgeable enough to identify the useful 20% posters.
>>61316464jesus i hope you are larping.
>>61316159My gay country of Canada stopped me from going on Binance.I would have been liquidated otherwise.
>>61316464alright. i'll take the bait.the crypto market (and to a degree the stock market and commodities market and all the other markets) is a giant game of poker. its in fact probably the biggest multiplayer online casino in history.why are so many people playing it?because there is a belief that people can make money without work using the market.why do they believe that?because of twitter, television, hollywood, tiktok influencers and all that.monetization of social media has made it possible to make money off of posts.blog posts, videos anything that can be clicked on and where you can place advertisements.probably, what you read was just people who have nothing to do with the actual market. they were playing a different game (social media monetization game) and you thought it was actual people with actual money in the market.you're not alone. i fell for this kind of stuff too when i started. in fact, its very common for people to fall for this.also, whatever you see here has a similar chance of being a monetization scheme. if its not through advertisement , then its from shitcoin sales or some other comissions or fees or whatever else which works really.
>>61316464since the first stock market in Netherlands, its always the same story.you have a project which you know nothing about, they promise future gains in exchange for immediate funding.they sell the stock, you buy it, they raise cash and start their venture.this process has been in many countries heavily regulated, (like in USA or many countries in Europe) to minimize the occurance of false promises.that is why in the USA, there are obligations to shareholders.in the crypto market, there is no such thing. this naturally attracts a much higher number of scammers.on top of that, you have probably no experience in trading, you have no idea what might happen or any of the tail risks or even the lesser risks and this freaks you out.you see all this stuff going on but you have no idea what it is you're actually seeing..its a very difficult and unpleasant situation to find oneself in.
>>61316464the most pragmatic approach would be to liquidate all your holdings and to start paper trading. like a video game.the other solution is to keep only a small fraction of your money in the market.in both cases, your risk must be reduced to a comfortable level. the intensity of your discomfort correlates directly with your position size.
>>61316464if your position size was 1/2 or even 1/4 you might not have even made this thread
>>61316464Damn, sorry to hear bullbro.I happened to be shorting so things are well here but whenever you hear those "final flush behind us" rhetoric, you should be extremely skeptical.
>>61316464just sell and buy gold, gold didn't make a rally yet, or wait for one last pump (which may never come) to switch to gold, not just gold gold + silver.
>>61316464you had me until the 3rd sentence. low quality fanfic
>>61316464the flip side of the coin is that money in the markets is of course only made by assuming a certain risk.so it is natural to feel a certain discomfort while trading. BUT you just don't have the experience to digest this risk.for an experienced trader, volatility is not a problem.either he is profiting from it, either he is hedged from it, regardless, he is prepared for it even if its through experience only. for example someone who has seen a lot of shit. maybe they have been trading for 10 or 15 years already and even then, they still get too much water over their heads from time to time.you must start walking before you can run and that pretty much always means trading with smaller size.
>>61316855Yeah that happened to me once. I put My inheritance money when i started trading when what i should have done was start with maybe a couple of thousands and learn from there. I don't believe on paraper trading tho, it's not the same to play with real money Even if it's chump change, with demo accounts You could place an order of 1 million and don't Even swrat a little meanwhile if You put lets Say one hundred in something at least You Will feel how your get glued to the charts
>>61316159Used to be red wrinkly wojaks a decade ago. I like the cute bears more.
>>61316966yeah, there should be some money for best learning results. there must be at least some fun to it and if there is waaay too much risk, it quickly is not fun anymore and you start doing stupid shit instead of calculated decisions.
