/biz/ - Business & Finance

Act accordingly.

>>56348902
>It's fucking depressing man.
Where are we on this chart? Answering this explains the current state of /biz/.

We are in Complacency and entering Anxiety

DCA BOIL.
How can you really lose?

>My investments are with great companies. They will come back.

>>54157980
this rally will fail like the others

You are here

>>51560603
panic on the way to capitulation

What are the financial implications of this, unironically?

I'm going to close my current position at a loss just because I can't stand this crab shit that can go 10% any second.

>>50865252
>>50863619
>>50862014
Maybe that's why the chart says "DEPRESSION" you fucking idiots.

>>50798597
I may have been responsible for some of the fud, which was mainly me trying to understand what happened and what to expect, but I think that was a sign for the anger phase of the market which hit others too at the same time and caused the previous pump.

>>50031968
Yes. Between 3,500 (important Fibonacci retracement level) and 3225 (another important Fibonacci retracement level) will be the bull trap bottom. This motherfucker is coming crashing to 2,500 and JPOW is not intervening.

>>49914034
It's simple human psychology. The meme chart is a visual representation of said human psychology, especially greed. I have made a living out of shorting piece of shit fraud stocks when they pump or have a run up for absolutely no fucking reason other than some non-news event. I'm short Revlon as I type this.

dealwithit.jpg

Why did the government allow this to happen??

>>49554921
This. There is not enough pain and suffering yet, even for normal cycle conditions. Too many people are at "my investments are with great companies. They will go back up". On top of that we are seeing inflation that's higher than its been in forty years, a global recession, and still all sorts of consequences that have come from the world shutting down for covid. It will go further down, how much I don't know. The dumping isn't over yet though.

>>49555600
We're still in the "denial" phase, plenty of normies are still holding tight on their alts because they think they'll recover (80% won't as it happens every bullrun)

>>49307564
You're at Denial

>>49270552
denial

If my ID has any variation of a popular coin i will go all in

same for every poster in this thread

>>28793211
thats what I'm waiting for, considering btc just surged from 30k to 50k
probably sometime in the next month or two?
guess I've finally reached the "time to get fully invested phase"
now all I've got to do is sell the top...somehow...

>>28680551