/biz/ - Business & Finance

is shorting worth it? because if i pull out into stable coin like usdc or usdt I can buy 10x the bitcoin when it goes to 1k, why even short? do you even make 10 bitcoins when it goes to 1k by shorting?

>>12634169
>t.

>>10768397
>Dying country ridden with debt
>Why are process not rising

>>10396920
>identical correction as it was in 2014
>major events like Goxening don't matter only dates do

>>9323581
>into their own blockchain
you clearly dont fucking understand the basics of blockchain tech you underage cretin mouthbreather

print(bcash == shitcoin)
>True

>>8090031
>anyone with a middle class job who isn't an adiot should have that by at the most 30

I'm not going to make it

Why are there so many coins in the top 50 that nobody gives a fuck about? Here are just a few of them:
Dash, NEM, Lisk, Bitcoin Gold, ZCash, Populous, Steem, Bytecoin, RChain, Siacoin, Status, Waves, Maker, BiShares, Aeternity, Decred, Augur, Veritaseum, Hshare, Komodo, Ardor, Revain

What the fuck is up with all this shit? How did it get such a high market cap? Nobody fucking talks or cares about any of this.

Guys? I bought Raiblocks in early December and went on a road trip until now. I just saw how it was doing and was excited to see it at almost $10. But then I logged into BitGrail and my coins are gone? Like, completely gone? What the fuck? I put my $10k all in XRB at 60c. So they are worth over $150k now. How do I get them out of there? The website doesn't seem to work properly anymore, should I email the support?

>>7470455

When everything goes up again in a few weeks the people who only get into crypto around the bottom will be fucking rich while everyone who invested in December or January will barely break even. In the end we weren't too late for crypto. In fact we were too early.

Are there still people out there who don't want to admit to themselves that they are holding through a major crash that will burn the market to the ground? It's fucking over. For fuck's sake. Crypto will do nothing but drain on your money until there's nothing left. This is not one of those usual dips/corrections/crashes/whatever. This is THE crash. The crash that might lead to crypto never being profitable for anyone but serious traders again.

I'll spoonfeed you the differences to the other crashes:
>Ridiculous media attention
>Crypto went full mainstream, even your fucking grandma had some
>Every normie who wanted got in and was burned so hard that there's no new money coming in anymore
>Regulations and bans incoming
>Wall Street is in

Guys, seriously, it's over. Just fucking admit it, it's getting ridiculous how you're holding on to your last bit of hope. I know it fucking sucks, I wanted to escape wageslaving just as much as you, but we were too fucking late. Everyone is in on the ponzi, and no dumb money is flowing in anymore. Everyone will tell their friends and family how they'll just lose money with crypto. They will NEVER invest again. Crypto will become a game to be played by Wall Street and whales. It'll go up and down indefinitely. While you're holding they are buying low and selling high. Keeping the market from ever breaking out again. And on top of that we'll have regulations that keep the volatility in check.

At BEST crypto becomes just another stock market. At worst crypto fucking dies and blockchain will exist as a technology, but there will be no speculative market anymore. Learn to daytrade or do some margin gambling if you still want to make some profit. But don't expect any moon mission ever again.

How do I lock in my prices?

>he still thinks crypto isn't dead

What amount of tax-free cash would I have to give you right now, so that you would leave crypto forever and just go to live your life?
For me it's around $1.2M. Considering that the average income in Germany a year is around $32k after taxes that would give me a full income for about 37 years. And since I always save at least 30% per month I'd pretty much be set for life. In the meanwhile I'd start pursuing my hobbies and make games, compose music, draw stuff. And honestly - with 40+ years left I'd get a lot more additional income some way or another anyway.

Millions of normies and institutions pumping trillions of dollars into crypto is bad for crypto.

It's over guise.

>>6285629

Please help a poor brainlet. I have a fair amount in altcoins but don't know what wallet to get.

why are we buying these coins? imagine if for example chainlink gets widely adopted in the finance industry or whatever. as a normal person you have no use case for this token. you don't have to query decentralized apis in your daily life. do you really believe some fortune 500 company will buy these tokens off you from binance? i dont get it

>>5441810
Gee man I can see numbers on clouds too.

>>5325240
I'm sorry anon, it must be hard to live with such low-iq. I hope you can find someone to help you in your life.

>>5040773
this is just the prepump

>no idea what a blockchain is
>no idea what any of these bitcoins do
>read a white paper, don't understand anything
>no idea how any of these work
>still spent literally all my money and savings on different types of bitcoins because /biz/ told me

>>2923526
I dont get it