/biz/ - Business & Finance

>>22435469
mmm food for thought.

>>22145409
>quicker, riskier
Long-Term Equity
>If you buy a call consider that money gone
Exercise before expiration?

I don't quite follow, can you spoon feed me like the drooling retard I am?

We fuckin bull market now, nigger. Get in.

>>12603890

can you please observe the board rule to post anime girl FEET, THANK YOU

wasted my life on 4chan since 2006, been watching the bitcoin charts since 2011, made a lot of money

Here is my wisdom:

Now is a good time to buy in for a short term bounce on BTC. It won't last long, I'd be selling at around 9k, could go a bit higher though, but then we'll likely have a move back down to around these levels or lower.

We might have a second tranche bear market as before in 2014/5, fact is that I don't believe that Willy bot and the Gox hack were quite as determinative to the drawn out bear market as others say, although perhaps it had more influence in the second tranche due to increased selling of BTC by the hacker which increased inflation by 100%. We still have inflation risks caused by sell offs from the Gox court cases, plus a couple of other countries who hold BTC in custody and are selling off probably at the moment.

I'm not too worried at this point. I think you can safely start accumulating at this price, we might go to 3k if we are lucky but frankly the biggest problem will simply be a long bear market rather than an especially deep one at this point. We won't be seeing any major moves upwards until we've shaken out the volatility too, compare the width of the Bollinger Bands during the previous pre-bull market stages, you see that they always pull real tight for a prolonged period. We've yet to get to that stage, although if we do then I'm not entirely confident that we'll be hanging around as long as we also need to remember than Bitcoin has survived a few more years, and the more time that passes, the greater confidence increases in future price runs, which makes bear markets perhaps shorter.

Also bear in mind the next halvening will be upon us in only a couple of years. Would it be possible to sustain a bear market for the next year until we start to become more aware of this? I think this is possible.

So prediction is volatility between 4k and 7k for at least the rest of the year, maybe next year, then nuke to 100k+ 2020.

I was here 9 years ago, REEEEEEEEEEEEEEEEEEEEEE

DSFARGEG