5 ms·

Buy high and sell low. That seems to be the MO of 2020+ investors. People are taking losses on these sales.

• 0xy 4y ago
  It's not a loss if you don't sell ;)
  • spliunder54 4y ago
• adventured 4y ago
  I'm starting to get interested in buying (emphasis on starting). Keep the destruction coming sellers, it's appreciated.
• ge96 4y ago
  yeap... it's great when the thing you bought loses 43% Also not smart when you use credit to buy ahh good times
  • JoeOfTexas 4y ago
    That blows my mind.
    • ge96 4y ago
      Yeah don't want to say "addiction" like "buy the dip" (as it continually went down) I thought I was smart turning credit into cash but I also was losing money through fees. Anyway after messing around with my own trading bots (at loss not using smart algos or anything) I'm not sure if it was worth it... fun project I guess/code practice. At least for that I was just messing around with small amounts eg. <$100 per account (about 10). But if you don't have money to do day trades crypto is cool for that. oh yeah I'm currently poor so I'm definitely no financial genius
      • roflyear 4y ago
        Best way to grow wealth as an individual in your position is to maximize your income any way you can. You won't get rich investing $100 here and there, likelihood that you'll make good money gambling is also extremely low. In that spirit, coding practice is probably a good thing and was probably worth the money spent.
        • ge96 4y ago
          Oh yeah I agree with that. Some job hop boom increase. I just gotta not burn money next time. I also give away money to my family but I generally don't feel too bad about it (they're in 3rd world country, I'm also fighting that mine mentality/make more). not a virtue signal I wish I was less nice
• smt88 4y ago
  A lot of these are probably margin calls, not a reasoned investing decision.