/biz/ - Business & Finance

Just think about it logically
Accepting massive risk of btc crashing by buying at 70k... all for the benefit of getting a 2x at 140k if you magically time the top? (you will not, it may crash $1 below your sell point and now you baghold hoping it's a dip all the way down).
Do you idiots realize how much money that would take.
This is why you aren't seeing the super rich flood into btc. Its risk/reward profile is awful.
And no, your shitcoin is even worse, since the risk is that it will go to 0. With BTC at least you will be able to dump at a loss for something.

when will this piece of shit do something?
im so sidelined its mental. i have half a million and no job. if i went all in i would be rich already but i didnt

the higher it goes the dumber it feels to buy since the multiplier is now shit. you are looking at a 2x if you time the top

if it goes lower you just see no bottom in sight

fucking dogshit mentalism fuck

Bitcoin. What we see here is the conversion of a non-monetary asset into a monetary asset, right?

Therefore, the more people adopt it as a store of value, the more people will use it as an exchange asset, and thus the more stable its value will be.

Okay, what's going on?

$17k edition

Moon mission in 3, 2, 1...

W-whoah! What was that?

$12K surpassed!

Countdown to $12k.

Time to perform some negromancy.

CoronaPump + halving. Are we going parabolic?

€12k there we go!

2nd round! $12K there we go!

$8k support. Predictions?

What happened?

What should we expect from BTC now that Asuka's prophecy is about to be tested?