/biz/ - Business & Finance

>>10969414
>Goldman Sachs news
>Price tanks and shorts are created minutes before
>Gox Wallet moving hundreds of millions in BTC
>Its BCH guys buy my bags

>>10969446
Congrats on making absolutely retarded connections based on even more retarded assumptions.

>market maker drives up price
>gets retail excited to buy
>retail buys
>bulls get excited
>mm fucks everyone in the ass

rinse, repeat.
buy btc, u guys
it'll go up
eventually

>>10969461
What does ur post imply then?
t.brianlet

>>10969461
Hello can u answer me

>>10969470
to add: imagine unironically repeating this same cycle with unironically fresh eyes every month or two, and every month or two thinking (either because of news, because of your twitter feed OGs, because of fucking whatever) that things are gonna change this time.
i don't do crypto, i do forex and stocks, and i don't do crypto for the very reason that it is currently beyond help at the moment.
no one is going to want to hold btc at 20k. even at 10k, the amount of sell pressure will be so enormous that passing that mark is going to be a heroic, if not currently nigh impossible, achievement.
you dudes are being led off a cliff one by one, and you're chasing ethereal lottery tickets whilst being propelled by what mm expects from many retail buyers: getting rich quick, escaping something, whatever.
you're gonna get pumps, but i'm confident the vast majority of you will not see profit.
you may not like hearing this because of the aforementioned reasons FOR chasing the lottery ticket, but the simple fact is that it is 100% true.
btc mmers can keep fucking you far longer than you can stay solvent.
remember that next time you trade your wagecuck paycheque for satoshi's hijacked ideal.
cheers.

>>10969586
>im supremely assblasted for missing the greatest bull run of all time
Pretty much sums u up. Believe it or not a lot of us are up more than 20x our initial investment including me lmao

>>10969414
>They are starting to sell
yeah, they are selling segshit BTC. pic related.

>>10969624
"A lot" is not the vast majority. I'm happy that many of you found money, but my post wasn't directed at you. There are a good many who have NOT had your luck/success, and they're buying in hoping to "achieve" what you have.
The warning is for them. Be as cocky as you'd like to be, but it doesn't change anything for anyone outside of you, the center of the world.
And for the record, 20x of what? 1000? 5000? Heh. Please... lmao LMAO

>>10969650
Im gonna be honest, i only made about 10x at my ath and ive been in crypto since mar 2017. I am projecting my failure onto you. Its my only way of coping

>>10969716
anon, if you took profit, you didn't fail. kudos.

poor calvin getting cucked by the ultimate chad satoshi

>>10969640
Do you seriously believe this BS?
This Twitt won't age well, that I am sure of.
There is some truth to the possible market collapse but don't delude yourself in believing, that if that happens, BCH will survive it. It won't.
I don't believe though that we will see a true market collapse, said collapse was predicted every year since BTC was invented and traded. Fuck, every month. It didn't happen then, it won't happen now. There is simply too much money to be made on this, and the market is still tiny AF.
>>10969586
I've seen posts like yours since 2009...and they did not age well.
I would be inclined to believe this if this market was 50x what it is(and ever was), maybe then the true money would leave. As it stands we are only at the beginning of all of this.

>>10969740
one last add before bed:
if you insist on playing in this market, i would urge you all to reconsider your approach. think less of moons and instead think like a market maker: how would you best draw retail into a trap, to best fleece them?
never remember what you are to the market.
the market is rarely, if ever, on the side of retail.
most learn this the hard way, and sometimes that's the best way to learn it. the unfortunate reality is, not many of you have the funds to pay the tuition up until graduation day.
godspeed, anons.

>>10969740
Thanks fren

>>10969841
the question is, how long exactly will it take?
my nephew and his friends, and their friends, all have binance accounts. crypto is far more common than you think.
the problem is, they don't have hundreds and thousands of dollars to move the price in your favor.
few krill do.
i mean no disrespect, but it was hard not to say something after watching what happened today. i've fond memories being raised by 4chan. i've not forgotten where i came from.
cheers, sincerely. i wish you the best of luck, but i do hope you will not trust too much in luck or faith in what seems inevitable.

>>10969922
I kno this insurance guy who bought 6 ltc for 1800 in december. And hes been holding ever since. Megakek

>>10969504

>buy btc it will go up eventually

? what you mean, he says it right there

>>10969922
I would say that if the 2019, before halvening won't see any price action and then 2021 neither, you are right, and I don't expect anything positive price wise this year.
Also krill doesn't have money in the game, but there is big money in and millions of dollars come from them.
This market is manipulated easily so as long as there are millions to be made from the newcomers(and there are) it won't end.
I also think that "account on binance" is not as widely spread as you think. Your anecdotal data sits in contrast to my data where the people I know have no clue how to buy on Coinbase of all things.
I'm not trying to argue who's right or be aggressive, and I admit you have a point. My point is that this market is tiny, and was even tinier and that the big money is simply not done with it.
Not, until at least next halvening.
Look at the futures markets, there is something to learn from there.

>>10969650
If I buy in now with $1000-$5000, what have I got to lose? The upside is too big to pass up.

>>10969951
unironically, "hodl" might as well be a psyop.
>>10970014
big money is already here, you just don't see it until you bring out the microscope, but look at the price action as of late, especially the months around that final pump. i'm not saying you can't make money, and i would urge everyone who is in this to be especially greedy with whatever profit they can take, but the game is not best played as a waiting game. MMs have been doing this for longer than many of you have been alive, and they do it very, very well. and they can do it as long as they need. it goes beyond charts, beyond buy and support, beyond supply zones, beyond fib lines, and into how you mentally approach the market. not as a member of the retail horde, but as someone actively seeking to take as much profit from this horde as humanly possible. bait, switch, and all the narrative you need to wash it down.
>>10970036
i wish you luck, in all sincerity. i don't want any of you to suffer. the last week was absolutely disgusting, in my eyes.

i really do need sleep. goodnight, frens.

>>10969716
I started with 0 dollars in June 2017, got to 20k and finally sold when I hit 10k it would currently be worth 7k. It sucks, but as long as you get more out than you put in, you're ahead if the vast majority of people

>>10969414
I'm bummed over Craig Wright blocking Roger Ver on twitter. First time I felt a little sad over the current drama.

It won't really matter in the long run though, BCH will survive and still consume all other chains.