this post was submitted on 06 Sep 2024
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Ways to make money. Or money talk

Science based (no pyramid scheme, crypto pump and dumb, unethical scams ...etc)

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There must be a lesson here. We always find justification for some market play. Sometimes we can even be totally right: The guy shorting NFT because it is a scam when it was beginning would be right, but would lose a lot of money for 1 year before the market agree with him.

Probably why money management is more important than the entry point: Fix a stop loss and stick to it. And have a stop gain more than 2 time bigger than your stop loss (so even if you're right only half of the time, you'll make money)

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[–] Illuminostro 6 points 1 week ago (1 children)

See, that's the thing about gambling: sometimes you lose.

[–] hate2bme 6 points 1 week ago (1 children)

This dude lost big. Good thing he is only 19. He has plenty of time to bet on something else to pay this one off.

[–] mipadaitu 3 points 1 week ago (1 children)

Bankruptcy. He clearly can't afford it. Pull the ripcord and start over.

[–] hate2bme 3 points 1 week ago

I totally agree. I was kidding about betting on something else.