/biz/ - Business & Finance

why do people care about this dinosaur coin? is it because it’s the only one normies know of? what advantages does Bitcoin offer over altcoins?

Can you buy bitcoin today and open up to millions of dollars or is it too late

How high can it go?

Poor fag here currently in the forces, desperate to get out. I can invest maybe £7/800 a month into cryptos.

Currently im considering buying 0.01/02. bitcoin per month and invest into other cryptos.

What should i invest in? I just wanna get enough to buy a farm and get outta society. Thanks boys have a nice day

I'm about to buy more of this shit.
Which means it's about to dump to 30K :(
You have been advised anon.

Bitcoin is not an investment, like an investment in the equity or bond of a company. Bitcoin is just a digital thing who's value is determined by what the fool pays for it. Most people who own it, don't do anything with it. They just wait for another fool to pay a higher price.

They should call this shit crab coin because even in the most crazy of bull runs this nigger only goes up 20%. Fucking crab garbage.

Alright guys, I have a million dollars in life insurance money accruing 2.5% interest per year. Should I take all that money out and market buy bitcoin right now. I have spent like 100k on it but I want to go all the way.

I figure I just buy bitcoin right now and just hold and it will hit 100k probably by end of year.


What do you think /biz/?

Serious replies only

Should I hodl?

I saw someone in here replying to a post saying we are NGMI unless we dollar cost average bitcoin over a long term.

I've done a bit of research and the strategy seems solid. For $50USD a week over last 4 years the portfolio would be worth over $200k USD (with approx. $10k USD depoisitied)

Can someone give me the rundown, namely:
- Do I need to wait for a dump? Will starting as we approach and ATH (with possibility of crash) significantly reduce earnings
- Has anyone here successfully used this strategy?

t. Smoothbrain who was burned by XRP in 2017 and GME this week (not my life savings but enough to annoy me)

I have indisputable proof that BTC will go up 20% in the next 24h.

Get in now or be poor forever.

FOREVER

What happens when people decide to cash out?

>never reaching 40k again

Is bitcoin officially dead?

Bitcoin isn't going to 25 k, is it? The institutions will keep it at 30 and keep investing their clients money and then it will go to 50k. That's what's happening right?....right?

How hard is crypto about to crash in the next few days? I think once bitcoin hits 29k institutions will mass sell off all of their bags and then the dream is dead. It fucking sucks but I guess we had a good run. Grats to those who sold at 42k, seriously, good shit.

How hard is crypto about to crash in the next few days? I think once bitcoin hits 29k institutions will mass sell off all of their bags and then the dream is dead. It fucking sucks but I guess we had a good run. Grats to those who sold at 42k, seriously, good shit.

>Iranians are now buring low quality oil for BTC mining
>Constant blackouts in Iran due to mining

Here's the truth for all you cucks claiming that bitcoin is green. The excessive power consumption of bitcoin will be facing a huge reckoning soon.

https://twitter.com/ercwl/status/1350881938450608132

https://www.iranfocus.com/en/iran-general/46049-power-outages-in-iran-as-china-extracts-its-bitcoins/

BTC is the biggest meme in crypto
>One imaginary internet coin that has 0 use cases is worth $37,000

i got $12k to invest, can you please help

Is it too late biz?

Just letting you guys know that btc is about to dump because I fomo'd in again at $25.7k after selling at $24k

We're never going below $23k again. Too many people are recognizing up in a new paradigm.

Fuck, this is it, isn't it. The start of the golden bull run. Jupiter and saturn aligning is what kicked it off. Bitcoin will never drop below $20k again.

PULL YOURSELF TOGETHER YOU FUCKING PIECE OF SHIT.
THE WHOLE MARKET FOLLOWS YOU.
YOU'RE RUINING EVERYTHING.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAaa

Currently looking to buy the BTC dip. But is Bitcoin correlated to the stock market/other traditional investments? I have no confidence in the current stock market and I think it's going to pop soon. I know a lot of people say it's a hedge against inflation/traditional markets and but I haven't heard why and it doesn't seem to be from my memory (Without looking in-depth at the charts).