/biz/ - Business & Finance

>next bull cycle starts
keep dreaming

This will happen to all of them.

pretty much almost all altcoins chart's look like this though

>>10566401
"pretty much" is the key phrase. Look for those that don't.

>>10566362
so what kind of charts should we be looking for with shitcoins? Why are these charts where the shitcoin price slowly grinds down over a few months a bad thing? Can you please explain a bit more of this

that's the chart of almost every alt to ever exist. they only ever get one, two, and if they're very luckly three chances to pump and exit, after that they fade off and all the speculators run off to the next alt leaving the bagholders behind.

looks like bitcoin’s chart...

>>10566416
>>10566447
So I have two bags that look like that. I’m really reluctant to see this low though. What if they recover?

>>10566393
This lol 90 percentile id shitcoins going to 0

>>10566362

Yeah, sell at the absolute bottom, great idea bro.

Here's another example.
>>10566441
It's easy, really. All these shitcoins were massively (artificially) pumped during the bull run and the subsequent dump left a lot of bagholders in its wake (huge selling pressure). No whale will ever want to pump them, because there would be no profit from doing so.
>so what kind of charts should we be looking for with shitcoins?
Ideally look for those that hit the market this year. At the very least, you don't want anything that had a huge pump and dump in Dec/Jan. I won't shill you anything, just look around cmc.

See, this is the absolute state of a bagholder >>10566507
Take his advice at your own peril.
>>10566447
Yes, pretty much. The whales have already exited on and are accumulating the next wave of shitcoins.

>>10566513
looked at every coin in the top 300 and every single one has this chart. aside from a few obvious scams

>>10566513
nice just sold 100k Ark thanks for the heads up you've saved me

>>10566579
>looked at every coin in the top 300
Either you didn't
>obvious scams
or your idea of what constitutes an obvious scam is wrong.

Good luck. I'm not here to convince or spoonfeed you. Dyor or not, don't care.
>>10566632
You're one year late.

>>10566362
he's actually right. Shitcoins that have already pumped and dumped and left a bunch of bagholders are not going to pump well. Learned it from last year's bull market experience

>>10566362
>REQ
OH NO NO!

>>10566786
REQ, NANO, COSS - doesn't matter. All trash.

>>10566647
better now than later. thanks again you're a lifesaver!

>>10566362
all shitcoins eventually get justed. the key is to fuck off with profits before that

>>10566876
Ah, the good old ironic shitposting of a deluded Arkie - bagholder of a shitcoin that's sitting lower than last April. The final (You), no need to derail the thread further.

>>10566362
this, most of them are shitcoins that already had their day, now it's over and most will never pump that high again. The next bullrun will have a fresh new set of shitcoins primed and ready to pump

The whole crypto looks like that bro
Stop listening to this fag, charts dont matter, they are driven by the general sentiment that crypto is a scam, what matters is a working product

>>10566972
>working product

>>10566507
>absolute bottom
Do they not teach the number zero in your country?

>>10566981
shill me one im desperate, down $10k need to put my remaining money into something.

>>10566362
so youre saying to buy LINK?

>>10567001
0xBTC

>>10567025
that shit was over $4 now it is 60cents.

>>10567001
Bnty

>>10567001
I'm sorry, not the point of the thread. You have to do your own research. If you're not able to, just buy BTC or ETH.
>>10567024
If a particular coin had decent rallies even in this fierce bear market, instead of an uninterrupted downward slope, I would consider it a bullish indicator.

>>10566972
>is a scam, what matters is a working product
Show me proof of the latter on what you are bagholding, I'll wait.
OP has a good point and I learned that the hard way a while ago.

>>10567081
does this look bad?

>>10567001
ETH literally perfect for everything day trading swing trading or simply holding

>>10567134
No, not particularly. Doesn't look great either, but if you think the fundamentals are strong enough, I'd say go for it. Didn't check what coin btw.

>>10567165
yea but it wont make back the $10k i lost.

>>10567181
DCA, day trade, swing trade. you were retarded enough to hold all the way down now you have to work hard to get it back

is this different enough?

>>10566362
lets dump some charts to help u guys figure this out

>>10567240

>>10566489
doesnt matter what it looks like, all alts follow the exact same pre-hype, hype, disillusionment, abandonment cycle. the only exceptions are when they become dominant like ethereum, and by that point they're usually too large to see huge gains you normally get from shitcoins

>>10567240
>>10567250
excited for this one

>>10567264
>>10567250
>>10567240

I work for a highly regarded Japanese Tech Conglomerate, all the VPs in my division that are in crypto think this is actually gonna become the Jap currency

>>10567277
>>10567264
>>10567250
>>10567240

honestly I've never even heard of this coin wtf

>>10567292
>>10567277
>>10567264
>>10567250
>>10567240
Qtum looks most like OPs chart, I'd maybe stay away

>>10567277
What about the hack? Is he dumping? What are his addresses?

>>10567303
might aswell just say every single asian coin

>>10567303
>>10567292
>>10567264
>>10567250
>>10567240
XLM had that minor bump that OP spoke of, might be interesting to get in

>>10567317
nah because I'm a die-hard Tron-guy after Justin Sun bought Bittorrent

>>10567226
Not really. Though ICX might pull off another hype pump, I wouldn't hold my breath.
>>10567250
Looks good, until you realize that you might 5x your sats at best. But the risk might be small enough.
>>10567264
Looks much worse, all the the while the upside potential is equally shit.
>>10567277
Bitbean-tier pump and dump chart.
>>10567292
No comment.
>>10567303
Looks dead to me.

Can you stop spamming these china hustles now?
>>10567335
Looks good.

>>10567250
The NEO chart is different because around the end of January/Early Februaryish people were still kind of bullish but looking for where to throw money and because of some conference it was still pumping. I got out of most (like 90%) of my position in March and the rest on that 20% pump a few weeks ago. It's going lower but it might survive the suck.
>>10567264
Maybe but it has a lot of retards holding it and it has always been a lot of smoke. Weren't they originally talking about bike sharing or some shit but now bought bittorrent.com or something?
I'm pretty sure a Venn Diagram between this and ripple would blend together hard because the November/December money bought it in the cents/few dollars range and pray it will go up to bitcoin prices.

>>10567358
None of these are my bag other than TRX, just wanted to keep the thread alive because I came to a similar conclusion a month ago

>>10567358
How about ZRX?

Here’s your free tip for today guys

https://coinmarketcap.com/currencies/jibrel-network/

>>10567335
Is that 0x? One of my biggest regrets of last year was being a lazy shit and not registering on Binance and buying that before December when /biz/ was shilling it the summer and fall before.

>>10567430
>>10567433
If you want to 3-5x your sats during the next bull run, then by all means. I'm not interested in top 100 shitcoins (besides the obvious blue chips, ETH and BTC).

>>10567467
3-5x is plenty for me at this point, so hopefully it works out.

>>10567389
I really don't want to shill because that shit is stupid and I'm only here today since I just finished a screenplay and wanted a break

But they're working with Obike and OFO for bike sharing and then Bit-torrent is supposed to be to decentralize content creation by paying seeders in TRX to host their content for a fraction of the cost of these major tech companies.

it's just supposed to be an entertainment coin with ambitions of decentralizing the internet, but all of these things are trading cards anyway so it doesn't even matter.

>>10567437
Last i heard they partnered with a bouncy castle company.

>>10567466
No, it's a top 10 coin. This is 0x

>>10566538
>>10566985

Go ahead, sell retards. Buy high sell low, that's what you do best.

This is what bagholding dead shitcoins unironically does to you >>10567543

>>10566362
Doesn't this mean the coin has had a full retracement at this point, and most of the bagholders capitulated? It should be easier to pump now because there aren't many holders left

Buy coins like QTUM, they've come down a lot.
Zilliqa, AE, Decred. ADA, SC, BTS these are solid coins that will net you gains.
Tezos is another one if you believe in it, can be a big suprise on the next bullrun

>>10566513
>look for those that hit the market this year
subtle holo shill

>>10567625
>ADA
lol

>>10566362
what about this senpai

>>10567687
bought in march and still holding

>>10567560
OP, I really would appreciate your opinion on this one.
Too much of a decline for the next bullrun?

I'm still holding sia coin I bought at 600 sats.

Do you think it will rise again? Pls be honest.

>>10566362
My shitcoin just achieved smart contracts today. See you from my lambo niggers.

>>10567711
i think that is the exact chart OP is talking about.

>>10567714
wtf why did you do that

>>10567001

AMB

>>10567742
C'mon dude we all make mistakes, it was my first foray into crypto. Though I see sia going to 50 sats and not recovering for a long time, wondering to liquidate and go into Link.

>>10567481
Bike sharing has not worked out well where it has been tried and, while the bittorrent protocol is useful as fuck, I stopped using μTorrent not long after BiTtorrent bought them out because they turned it to shit.
I'm just really not seeing a way to make money with either and slapping a blockchain on it.

>>10566513
you just described bitcoin

>>10566362
Hey OP lets say I wanted to buy something like that but not at those prices, it should bottom out eventually. What is a good time to buy (assuming I believe the project has a future)?

Also not sure if you zoomed out enough on that one, can't tell where's the actual long term support because it seems like it'll soon fully retrace to before the start of that pump.

>>10567735
>>10567735
holy fuck, then I accept, that I just lost all my money. Fuckinh hell, those China Hustles.
I hope they die in pain ffs

>>10566362
How’s this chart looking?

>>10568150
Literally what OPs chart looks like

>>10566401
Get into stuff that hasn't pumped retardly like mft or dock.

>>10568210
mft and dock are absolute shitcoins

>>10567580
No, that's not true, and examples I gave (ARK and DGB) strongly support that notion.
>>10567656
I don't particularly like Holo.
>>10567687
Looks very manipulated, for better or for worse.
>>10567711
It's dead, sorry.
>>10567866
You don't get what I wrote. It's not about finding the bottom. Those coins won't perform in a bull market.
>>10567955
China hustles can make you a lot of money, as long as you don't buy the top like a retard. There is a couple in top 200 and 300 respectively that I'm quite optimistic about (sub 10% portfolio allocation of course). Look for those that seem legit, haven't pumped yet and are under the radar.

>>10568312
Why don't you like holo?

>>10566362

you are wrong, if we have another alt season like the last one there will enough fomo from normies again to pump all those shitcoins, it's only a matter of hype, there is no reason why it should be different this time.

Is this good?

>>10568336
Just a hunch, haven't done a proper DD on it. I'd consider entering a small position at 5, maybe 6 sats, purely because of the pump and dump potential.
This retarded captcha is killing me. Fuck you hiroshimoot, not paying you a cent.

How does this chart look?

>>10566398
So "you're here" shows that we're shortly before a run?

>>10568422
hurr durr

>>10566362
This is unironically how antshares chart looked like before it went parabolic.

This is one time where do the exact opposite of what /biz/ says actually applies.

>>10567560

I SAID GO AHEAD AND SELL IT RETARD. SELL SELL SELL.

>>10568401
I feel like at worst it will get hyped and pump to half a bil marketcap. It's so shillable and unique, regardless of whether the tech lives up to hype to any extent

what about this bad boy

>>10568312
Why wouldn't they perform?
Look at any older coin that survived 2014, not only did they recover but found new satoshi ATHs multiple times higher than the previous ones (NEM, XRP...)
You just gotta pick something that isn't an outright scam and could have a future/good use case/partnerships.

>>10568500
You're making a good point.

OP is a total crock. The problem with his assumptions is that he acts like someone who can foresee the future. But no one can do that. The chance of those coins not pumping is as high as the chance of those coins pumping.

>>10568420
Not sure what to make of it. If you think the fundamentals are strong then that's your answer.
>>10568422
No.
>>10568431
Then go load up on some REQ and NANO. I bet buying at these prices feels like stealing.
>>10568440
I smell curry from it. But as I said, it has pump and dump potential for sure. Wouldn't be surprised if it performs well in a bull market.
>>10568500
Two words: survivor bias

>>10568517
I bet you also think TA is a meme.

>>10568500
yes, easy to BTFO op with pic related for example

Just buy coins that are solid and promising, that have held their ground on CMC mostly in the top 50 coins, or 100.
If you buy coins with low marketcap and low volume its risky, things might have changed and not all coins might not pump like before.

>>10568545
NEM is finally taking a beating, it used to be rank 6 on CMC and now its rank 16. You can see there's some change.

>>10568526
most alts from years ago were shitty btc forks with 1 or a few devs. An icon or zilliqa are completely different in scale and scope, much more likely to survive (icons roadmap extends into infinity so it will always be around).

>>10567335
This is EOS

>>10568608
yep, really taking a beating now it's marketcap is only 1.3 billion after i bought at the top in 2016 at 100 million?

>>10568545
>hurr my single anecdote from 2 years ago proves you wrong
>decides to ignore all the shitcoins that bled their way into oblivion

>>10568526
>REQ and NANO

Where did I mention either of these in my post you schizophrenic fuck

You’re seeing meme patterns where there are none

I feel really sorry for the people still holding this scam for almost a year.

>>10566398
so if i buy a coin whos chart looks like this i migth make 700% profit?. thx for reminding not to buy.

>>10568637
like i pointed out in another post, all those shitcoins were mostly shitty btc forks or 1 or 2 devs, bound for death. these new shitcoins are a different breed. Funny how the "survivors" from previous bear markets are coins more akin to real start-ups/businesses with many devs, structure, reputable advisers, partnerships etc. much like many coins in the top 100 today. Not saying most won't fail, but most of the 95% that do aren't in the top 100, at least not until the next bear market years from now when development roadmaps are expected to be fulfilled and products rolled out.

I mean, this was the diarrhea that was in top 20 in 2014:
https://coinmarketcap.com/currencies/worldcoin/
https://coinmarketcap.com/currencies/omni/
https://coinmarketcap.com/currencies/feathercoin/
https://coinmarketcap.com/currencies/megacoin/
https://coinmarketcap.com/currencies/infinitecoin/
it doesn't compare pal, if these came out in 2017 they would barely break the top 500

>>10568637
>>10568710
fucking fedoracoin was #23 in 2014 vs 0x today lmao. Totally the same

>>10568655
The pic in OP literally is REQ.
>schizophrenic
Projecting your own mental illness?
>>10568710
Yes, we can agree that the market is very different now. Which is exactly the reason why I don't think your 2016 example is relevant. ARK and DGB on the other hand are.

>>10568762
>ARK and DGB on the other hand are
what point are you making about these two?

>>10568798
Did you read my posts? >>10566398
>>10566513
Made my case clear itt, don't feel like repeating it.

>>10567122
Btc etc neo and ark because it is hands down the best passive income generator in the cryptosphere

>>10568877
Eth not etc*

I can read your mind OP sup mah nigga

>>10568904
DAG

>>10568856
well what point is that exactly? coins go down in bear market and occasionally dcb? and somehow this proves they wont bounce in the next cycle?

All i can tell is you are telling people to sell low following recent bear market action. Selling coins with charts looking like req years ago would have lost you thousands % roi. Obviously you can't predict what will bring those gains now thats why you d i v e r s i f y and choose coins with good fundementals. There are a lot more of those today than there were years ago.

>>10568762
I’ll keep taking the bait. REQ and NANO are shitcoins that aren’t going anywhere, but you’re trying to oversimplify the process of picking a good project so your room temperature IQ can handle it. You probably hold BAT and invest emotionally. I almost feel sorry for anyone on this board who takes your advice

>>10566362
>tfw my coin's chart looks nothing like that
feels good, i'm going to make it

>>10567676
Is this real?

>>10567732
>My shitcoin
>See you from my lambo
These two are not related at all, queer.

FUN and REQ are unironically about to breakout and sustain it