/biz/ - Business & Finance

We just entered Fear. It's a long way to Mukumbura.

Can anyone explain why Bitcoin is or isn't about to crash? Assume (as for most of biz) I'm a complete fucking idiot, but Bitcoin's last 3 months exactly mirror this chart. It's not really this predictable is it?

We are now in the "Return to Normal" phase. Lock your short positions in at 9000 and get ready for the plunge!

Not despair, but the "its just a dip, BTC at 20k in 3 weeks" posters. On BIZ, twitter etc.

I feel like this is how capitulation looks like.
So I will be preparing myself for DESPAIR. (BTC at 3000?)

>>6676976
Forget about the coins and the cash, you are dealing with people and their gullible expectations. Here in biz we are perpetually in the mania phase so try to avoid greed and establish your own cap to sell and start halving.

If you diversify too much you will only get 2x-5x gains on average so I wouldn´t spread yourself too thin with more than 6 or 7 alt-coins. If you find some other coin that interests you more than those you already have then trade them. By being interested I mean being informed in what they actually do, read the white papers and compare data by yourself. If you expect someone to actually tell you with some level of certainty what you have to do to always be on green then you'd be better off with a trader bot, but that's not fun.

this is completely accurate

Whats that?
Oh that's the sound of more tether being made.
Wait?
This wouldn't have anything to do with why bitcoin is going up again is it?
Naw. It's perfectly fine to print fake money and buy bitcoin with it. Why would that cause any issues?

What stage are you in?

>>2671131
>>2671131
but if you look at this graph it's clear