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/biz/ - Business & Finance

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10264552 No.10264552 [Reply] [Original]

Biz - even if we are going to 4k (not likely) the potential you can gain is that green square, by selling now and entering in lower at 4k.

The red is the potential upside by holding from here/buying in now.

The risk/reward is obvious. Stay safe lads

>> No.10264578

>>10264552
Red square green square it's all homoerotic to me

>> No.10264586
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10264586

thx

>> No.10264589

>>10264552
Thanks I'm buying 100k in 6 months

>> No.10264593
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10264593

I don't really love this play, but in a year I would expect people to wish they bought today.

>> No.10264600

Why does it stop at 4k?

>> No.10264645

>>10264600
It doesn't have to. But from my extensive biz-ing it seems most people (besides renkofag) see 4k as the realistic bottom.

>> No.10264650

Bears know that their time is running out.
Reminder
>ETF by 2019
>schnorr by 2019 (smaller sigs, faster to verify, stronger security proof)
>signature aggregation by 2019 (using schnorr)
>coinjoin using signature aggregation for less fees and better privacy
>halvening in 2020
>MAST and taproot hype in 2019-2020 (smart contracts, privacy, even more efficient transactions)

>> No.10264657

>>10264552
you are under mistaken impression people ARE selling their BTC

reason for dumps am 100% whales trying 2 get price lower

>> No.10264687

>>10264657
Why are people not selling? I see bizthreads all the time about people getting rekt selling @ 6k and below thinking we are going even lower

Unless they are just larping losers.

I'm not saying the general BTC community is selling - just don't want to see fellow bizbros risking 10x to make 30%

>> No.10264697

>>10264687
>I see bizthreads all the time about people getting rekt selling @ 6k and below thinking we are going even lower
You mean you see whale shills making fake threads to scare idiots into selling.

>> No.10264703

>>10264697
>biz
>whales

Pick one

>> No.10264721

>>10264703
You realize you don't need to be an usual at a site to shill in it, right?

>> No.10265261

>>10264721
It looks like English, yet it isn't. Common Core American maybe?

>> No.10265361

>>10265261
Likely pajeet

>> No.10265384

>>10264552
it's over

>> No.10265395
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10265395

>>10264552
Third option, you could buy shitcoins and watch them all bleed to death while BTC wib wobbles around the 6K mark for the next two years, then either underperform BTC if it ever shoots up again or implode to zero if BTC ever breaks 5k.

Maximum risk, zero reward, the /biz/ way.

>> No.10265403

OP is correct. Even if we dip down to $4k, yeah it'll suck and take a while to dig out but the upside is unreal.

Right now isn't an all-or-nothing play. It's about dollar cost averaging over the next couple months. August 10th will mark the approval of a BTC ETF and likely be enough to reverse the tide. I personally think $5800 was the bottom, and anyone selling and thinking they can buy back in, well, that's the behavior that causes early FOMO and the trend to become parabolic.