/biz/ - Business & Finance

NONONONONONONONO
YOU SAID IT WOULD BE DIFFERENT THIS TIME

Something about the volume doesnt sit right with me... I have a feeling sub 3k is coming this week...

>>11508852
>you did crypto trading... then you're rich

I'm all inned on TRX right now AMA as well

Even if btc drops to 0 we will still have eternal memes.

HODL XDDD

Crypto is 100% pure greater fool investing.

The problem with greater fool investing is that it depends on constant hype about past price growth. Once you have a 60% downward drop, that hype is gone and the losses accumulate rapidly.

Except for the few early adopters driven by political ideology, nobody who bought into actually cares about anything excepting getting back MORE REAL MONEY when they sell it to a greater fool.

Just a month ago nobody cared about what utility any of this shit has, or why anybody would ever want to use crypto over all the other transactional methods that have been around and worked forever.

People will dump hard and move onto the next greater fool hypetrain.

In the next few months we have promises of increased regulations and tether collapse to look forward to. Don't delude yourself with the notion that you're gonna hold and it will eventually go back up. There is no reason for it to go back up, as the underlying asset has no actual real life use.

Get out now if you're still over your initial investment. All the smart money left in January already, don't be left holding someone else's bags.

>crypto has already received more mainstream media attention than we could have imagined

>no more moons, so no more FOMO

>US regulations incoming on February 6th after the Senate meeting

>all the dumb millennials and normies already entered the market, nobody else to feed the bubble

>endless ICOs and ponzis and scams

>all the smart money has already left in mid January

>still nobody is actually using these cryptos in real life for anything

>market literally needs the equivalent of Quantitative Easing with tether just to prevent it from sinking

It's been a fun ride, but it had to end sometime.

>all the dumb millennials who were supposed to feed the crypto bubble are already in, no more fiat inflow to sustain bubble growth

>crypto is already mainstream in terms of media coverage, no more naive normies to get in

>no more moons

>regulations incoming

>tether about to implode and probably bring down a few exchanges with it

It was fun while it lasted, crypto is over.

Get out while you still can.

>>7150437
more like cup and JUST

>crypto has already received more mainstream media attention than we could have imagined

>dumb millennials meant to feed this bubble are already in the market hoping crypto lead them to get rich and avoid a life of actually having to work

>no more moons

>endless ICOs and ponzis and scams

>all the smart money has already left in mid January

>still nobody is actually using these cryptos in real life for anything

>market literally needs the equivalent of Quantitative Easing with tether just to prevent it from sinking

It's been a fun ride, but it had to end sometime.

DO IT OP

another day, another sea of red

have we really entered a bear market? are the good times over?

>HE DIDNT CASH OUT ONCE NORMIES GOT IN

HAHAHAHAHAHAHAHAHHA


i sold 80% of my portfolio few months ago when I was popping daily price updates from Unilad and other normie meme sites.


I TOLD YOU. ONCE NORMIES GOT IN, JEW KILLED IT AHHAHAHAHAHHA.

the pink wojak threads are literally my favorite part of biz, even when I'm down 50% over the last week I can't stop laughing

>tfw this is literally me
still not selling till 1 dollar

Normal variance or is it looking OGRE? Retesting 15.5k area for the third time today

I'm scared /biz/, with all the crazy alt pumps lately which will eventually trigger some profit taking like never seen before and the normie money stopping flowing in due to exchanges closing, I think we might be in for a major crash soon.

>>5729977
>MINISTER YOU, SATOSHI

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

How low will it go? Is crypto dying?