/biz/ - Business & Finance

>>21260338
This. The problem with people looking at simplistic shit like pic-related is that it's not some smooth ascent/descent like that. The entire way up and down there are pretty heavy spikes and dips. During 2017 there were a ton of times it would plummet 30% and then quickly bounce up and go far higher. It's easy to look back on it and say "classic market cycle chart!" but that doesn't work while you're in the middle of it and the irratic movements make it impossible to tell when the top is in.

No one wants to buy your shitcoin for 9k. Capitulation and Despair incoming.

>>8624286
>Obligatory market phase textbook picture that is eerily similar to the actual market

We are in the capitulation stage. Don't buy in yet.

>>8624286
Obligatory picture.

We are slowly entering the capitulation stage.