/biz/ - Business & Finance

OG crypto enthusiast since 2015 here. All markets are speculations, and all speculations have a bubble period until mainstream interest comes in, after which you will simply never, and I really mean never, make life changing gains. Your years will go by and you will regret wasting your 20s and for some of you 30s until the time is gone by and you're left holding worthless bags with wasted decades you could have spent getting rich, having fun, and fucking bitches.

BTC is not a store of value. It is not digital gold. It is not anything except speculative hogwash. Speculative hogwash goes up and until mainstream interest comes in, which is why I held onto it until December 2017 (sold a bit early around 15.5K but ended up being a good decision). If you're not looking into new bubbles such as biotech stocks and AI related stocks, you'll never make it. But don't fret if you don't make it. Most people don't. People would rather stay in the comforts of markets they're already familiar with. Dumb people love comfort. The only reason you're still in this market is because you're now comfortable with it. Comfort never makes money. In 2015, almost noone was talking about Bitcoin or Ethereum in the mainstream media as much as it is talked about now. Get the fuck out of this market and start investing in new bubbles. Sell everything in spot. LINK is proof that all markets run entirely on speculation.

P.S. Long term trendline from 2015 is about to break. 20k. 13k. 10k. Lower highs time and time again.

P.P.S. Never ever trade this market on margin, and never ever ever ever short this market. This market is doomed but it always wrecks the fuck out of shorts first and then drops. Always sell on spot, stay in cash, and start investing in new bubbles. Good luck.