/biz/ - Business & Finance

Literally everyone thinks crypto is dead now. This giant weekly dildo to 4k has done the job it was intended to do, it fucked investors after they thought they could take no more fucking and we're all prolapsed on the floor now in a pool of our own blood and shit and all we want is for the pain to end. Nobody thinks or even wants crypto to go back up anymore, they just want it to be over.

So look at the chart and explain to me how we're not in maximum depression right now.

>Nobody thinks it will ever go back up
>Consensus is crypto is a failed project
>Everyone feels like an idiot for ever touching crypto

Now, not later, is the time to buy like a madman.

Friendly reminder we are at the absolute nadir of depression right now. Don't act irrationally, don't let your emotions take over right now.

Friendly reminder that yesterday was the most oversold Bitcoin has ever been in its entire lifespan.

Friendly reminder we've now retraced 80-83% from the last peak and there is literally zero precedent for going any lower than we are right now (and lots of precedent for a violent recovery in the very near future)

Friendly reminder that the only reason we ever broke ironclad 6-month support at 6k at all is because an aging, increasingly irrelevant schizophrenic narcissist with a doomsday wallet decided to hatedump on the entire market to force people to pay attention to him.

Friendly reminder if you own even 1 BTC, 32 ETH, 100 XMR or 10000 LINK, you are still on track to make it by 2030.