/biz/ - Business & Finance

Is it different this time?

2018 didn't have defi producing yield.

Logic says we'll hit the top this autumn, between August and November and hit a price between 100k and 300k.

Followed by a 80% dump, and a brutal bear market?

The market conditions are very different now, with no Mt gox wash trading etc yet charts still look very similar.

But compared to 2017, now institutional money is in. How will that affect the bullrun?

We already just experienced a mania phase with the wsb shit. With lockdown and stimulus, retards bored at home and with social media, it feels like we're already near dangerous normie top territory. Dumb money will keep aping into the most retarded pump and dumps while remaining oblivious to the value of defi.

It's also highly likely that we'll go through another crazy defi summer, with L2 solutions going live, which will drive even more shit coin gambling, while the more serious protocols will keep maturing and pushing defi in the 100s of billions locked.

At what point could eth and the defi space could decorrelate from grandpa taking a 80% dump.

LINK for instance will likely under perform in the bull run, but could remain strong during the dump and early bear.

Will link whales keep holding link no matter what as we enter another 2018 crash?

Do you have a specific planned strategy based on this chart? I'm thinking of laddering sells across the autumn period instead of targeting prices. Park funds in stable coins, wait a year for the market to hit the bottom, then buy back the blue chips. Does that make sense? Or could defi coins keep reaching new ath in 2022?

>>16913610
This.

>>15283233
Short term sure, my guess is 8500 is possible. But you should dollar cost average in so any short term volatility either upwards or downwards does not stress you out too much. Going into 2020 things look very bullish.

>>14996970
Yeah but I'm talking about the parabolic uptrend.

It usually takes a year to happen, Bitcoin halving in November 2012 peaked in November 2013 and Bitcoin's July 2016 halving peaked in December 2017.

How do I come to terms with the fact that I missed the bottom?

>>13343527
It usually takes one year after halving

It might fall a little but dumping to $3500 requires 2-300k btc atm

No sane whale will throw the first stone so to speak, time is running out. There will be no dumps 1 year prior halvening so if they want to do something they need to do it now.

>>13194521
Im sure you have seen this before