/biz/ - Business & Finance

>>12502569
yes. crypto is a joke

>>12502569
They are all faggots who bought the top in 2017. Its just a cesspool of cope because they don't have the stamina to hold out for the next run.

>>12502569
it'll probably stay at $3k forever to piss off everyone involved

that means we hit the bottom

>>12502569
That leddit is a shillfest worst than /biz/.

>>12502605
>next run

My investment strategy is based on reddit tears. I said earlier this year that when the perky little positive morons on plebbit start crying then its time to start buying. They are the same idiots who bought my bags near ath's. Now they are gonna give them back to me at atl's....cant make this shit up. Lmao

>>12503452
based and redditpilled

>>12502569
Lel I've noticed this too. They've totally capitulated

Edit...earlier last year

>>12502569
Lots of normies who bought the peak are totally pessimistic now. I think it'll take a while for things to turn around in the public consciousness, but this >>12503452 is my plan too. Might drop harder still, but it's getting to be a good time to accumulate stuff again.

>>12502569
I think that BTC is a scam and have been in for 4 years now. SoV is just a pyramid scheme scam.

SoV is a great natural market feature but not a team determined use case that allows you to cripple your network.

>>12502569
don't spread this meme too much
but there is a phenomenon I've been observing for a while that I refer to as "the Reddit curse"

Reddit is always wrong and anything they love goes to shit. I have been lurking Reddit more and more the past two years (4chan for 13 years senpai don't worry), especially investing subreddits, and I see this over, and over, and over.

They are the ultimate cux, desperate for meaning and they latch on to retarded hivemind ideas even worse than /biz/ does, if you can fathom that.

Reddit is always wrong. ALWAYS. Even if they are correct, reality will bend to make them wrong again, over and over and over.

When Reddit is all pink wojaks we are nearing the bottom. When Reddit has completely sold every last bitcoin they ever had and have begun to enter short positions, then, and only then, will we see the biggest bull rally of all time.
As a little p.s. side note, I have never in my life encountered an online community as gullible and easy to infiltrate, troll, and gaslight as Reddit. Try going on some politics subreddits some time and give yourself a liberal faggot "flair" and start saying the most insanely retarded and cringey things your brain can muster, push the boundaries. Every time I log on and see that I got 100 uppy boats on my latest trollercoaster instead of being banned it literally blows my mind.

Things are getting comfy again

>>12503493
/biz/ is no different. People here kept saying the the bottom is in when in fact it's the opposite.

>>12502569
I don't trade on emotions. People still say...to this day "BTC doubling with halvening" "BTC won't go below 3K" ect ect. I'll buy back in when it actually reaches the bottom. Once the trend changes we will see. Right now focus on the trades. ETH saw a 80% gain in December. NTS grew 300% from early January lows. BTC just keeps dropping like a rock. It is what it is.

>>12503388
Checked. We gun make it grens

>>12503493
>>12503615
Refreshing to see others that have the same opinion as me, for once.

>>12503589
no, no
/biz/ is full of scammers, street shitters, trolls, retards who got trolled, and retards who came here to post their actual retarded ideas, but it is nowhere near Reddit's level of self delusion and conviction in arbitrary beliefs. Only the most devout and actually dead serious linkies even approach Reddit levels but even in that case at least the linkies have a sense of humour and the ability to create OC and react authentically. Reddit is a whole nother level.

People are confusing crypto in general with btc itself. Btc actually is dead in the water because the people who took it over are complete nut jobs and imbeciles. Crypto on the other hand has a bright future now that most of the scammers and pajeets are moving on to other things. The correlation between btc’s price for example with alts is diminishing day by day.

>>12502569
this is bullish

>>12502569
Yes, crypto is a joke.

>>12502569
>they saying btc is scam and the price will go to 0 and never recover. is crypto really over?
great signal that we're nearing the bottom times and that we can exit the bear market. those salty fuckers finally sold.

>>12502569
It was over in December 2017 when the whales (actual owners of bitcoin) dumped on us

>>12502605
>Being this delusional

>>12502619
unironically this. this means we are either at, or very close to, the bottom. the retards are being shaken out FINALLY, so now would be a good time to start gearing up for another run. STO related projects would be good buys for the next run.

crypto treated /biz/ well once so now all of /biz/ thinks it's going to happen again because it's the only good thing to ever happen to them. it's the only hope they have and that's why they are so obsessed. the hype period is long gone however and thus crypto will never make gains like we saw before

>>12502569

They've been bitter as fuck for a few months now. It's a good sign.

>>12505118
this. Makes me bullish as fuck when the real shakeout begins and plebbitors sell for pennis on the dollar

Reddit is a place were bots are Turing tested
Everything is brigaded so that makes one wonder if sentiment is salty

Crypto was always a one time thing. /biz/ is the only internet community still holding onto a dead dream.

>>12503388
Ye of little faith

>>12503493
I saw this on wallstreetbets with Fannie Mae stock and Micron. Both put them in the poorhouse on bad bets. Not to mention losing tons on options

was talking to my sister on the phone
mentioned something about crypto and she burst out laughing, said something like "you still pay attention to that????" she is definitely a normie and this made me bullish. put in a couple hundo a few days ago

>>12505270
Damn we still at disbelief

Talked to some normie last night. Said he bought ripple in janurary and lost everything. Loled out loud. Now he says crypto is dead and it's a scam.

Buy up. Very bullish.

>>12502605
>next run

>>12503493
>going on reddit
go back

>>12505319
I use reddit to keep up with sports. 4chan sucks when it comes to that.

>>12502569
Nigger how fuckin stupid do you have to be to believe that crypto is still a thing in the current year?? If you didn’t get into this shit before 2017 then you missed the train my friend.
>HURR DURR WAIT TILL CRYPTO GOES MAINSTREAM
Go out right now and ask anyone anywhere if they’ve heard of bitcoin and they’ll all say yes. Hell I have a friend who owns a nursing home that says all the residents know what bitcoin is. The point is that this shit already went mainstream and nobody fuckin cared about it. Do you see Bill Gates, Warren Buffett or Jeff Bezos saying that Bitcoin will hold significance in the future? NO. All of them dismissed it as bad idea. It’s been steadily going down for over two years straight, wake the fuck up already you idiots.

>>12505339

Unironically bullish

>>12505270
Had someone laugh out loud to my face when I said I invested in crypto. Had to calmly explain to him that some of us did infact make a profit

>>12503493
theres a saying in sportsbetting "fade the public"

why do you think most people never make real money as investors, cause theyre dumb stupid fucks. you always do the opposite of the public. when everyone was screaming bitcoin was the next thing at 15k+, even normies who had no idea what the tech was were buying. that was the clear sell signal.

>>12505339
Go out right now and ask anyone anywhere if they’ve heard of Trump and they’ll all say yes. Hell I have a friend who owns a nursing home that says all the residents know what Trump is. The point is that this shit already went mainstream and nobody fuckin cared about it. Do you see Bill Gates, Warren Buffett or Jeff Bezos saying that Trump will hold significance in the future? NO. All of them dismissed it as bad idea. It’s been steadily going down for over two years straight, wake the fuck up already you idiots.

Hahahahahaha how many times can we prove all you retard bears wrong? Keep selling to me idiots

>>12505237
>always a 1 time thing
>3 times

>>12503493
this. honestly i've had way more fun on reddit than 4chan in recent years. way easier to get yous, make people butthurt, and manipulate sentiment.

>>12505250
WSB is at least self aware, even if they are just redditors larping as /biz/

/r/personalfinance and /r/investing are full of fucking retards that are about to get unmercifully justed to the darkest pits of hell

>>12505607
Wsb is like biz but instead of crypto they talk about day trading, and for some reason they are proud to announce whenever they get JUSTED

>>12505388
Yeah it's all jokes until you tell them you don't work anymore and have a car and house paid off

Stopped talking about it though because a ragie actually said "get a job you fuckin freeloader"

>>12503493
B A S E D
A
S
E
D

>>12502569
Those are literally /biz/ posters just shitposting. The cross-posting is unbelievable. People used to be ashamed to admit that they went to reddit, and now you start a thread showing that you are from reddit...

>>12505638
It's great entertainment. Horrible place to get trading ideas from. If anything, r/wsb is a good place to gauge how sentiment is among retail day traders generally and bet the opposite

>>12502569
This is actually fucking bullish

>>12503493

>>12505639
Fucking teach me how to be like you senpai

>>12505700
>>12503493
I concur.

>>12505725
Buy bitcoin early and be budget yourself
I have a basic Tacoma truck and a house from the 1950s even when my crypto went into 7 figures I just diversified some of it and never really spent much
People in debt making 40k a year spend more than me

i made more cash than i have my entire life in the last bullrun. would LOVE for it to happen again, but it seems too good to be true

>>12505812
How did you start? I'm in college now but lurking here has made me think that maybe it's not the best investment.

>biz says we're near the bottom
>picrelated
Thanks just shorted 100k 50x leverage

>>12505840
Honestly I used to be a retard college drop out spending my wages on weed living in my parents basement
I started buying bitcoin to get weed in 2012/2013 and won 20k gambling put it all in bitcoin in summer of 2015 then got arrested for drug possession in 2016
Cleaned my act up got a sales job never touched the coins until end of 2017 and been a neet ever since
Being a poor stoner for a few years taught me how to get by without much money

>>12502605
mfw the 2020 BTC reward halving doesn't increase BTC's price

KEK

>>12502569
Yep. Luckily we have Goodfriend.io to eventually take care of the gay scammers.

Reminder that everybody who has ever scammed anyone will be exposed

>>12505864
Damn. I just dunno what to do. I'm studying medicine and am getting bretty gud grades, but I realize I hate it. I'm just lazy and don't have expensive habits or tastes; I'd kill for something where I can sustain that lifestyle without having to work.

>>12505877
I wouldn't be surprised if we don't break 8k by may 2020 halving
The 2016 halving only caused what 350 to 600 run or something like that

It wasn't until a year later the real bull run began

>>12503452
I like this plan

>>12505915
There are so many variables in life it's hard to say what anyone should do
If you're doing well stay in school so you have more options keep your mind open and opportunities will come along

>>12505952
I agree with the mental it's, but I've done volunteer work in hospitals and private practices; I hated doing that more than the janitor jobs I've worked.

>>12505976
I meant mentality RIP I look rarted now

>>12502605
>he thinks the price is going back to ATH again

>>12505976
I was deans list good grades but dropped out because I had anxiety bad depression wasn't getting any pussy didn't have any real friends and just kept cycling that thought until I was going to class high on ativan and weed and eventually stopped going all together
Things didn't get better until I took care of myself, I got lucky and things didn't get better mentally until I started hanging with family regularly exercise good diet and started connecting with people outside the context of using
maybe you'd be better on a different path but fix any insecurities or variables before you decide that
I don't know man good luck you'll figure it out

>>12505976
volunteering in a hospital isn't anything like working in one as an MD/resident. that's a fucking dumb concept for someone who's capable enough to be doing well in med school. that said, residency will definitely be misery for you, so I would consider just finishing school and maybe seeking out a chill research/insurance/biotech job where you could probably work part time or have it easy doing paperwork

>>12506041
Alright thanks man
>>12506075
Yeah I know it's not the same, I just realized that I disliked the setting itself. Hospitals put me in a shit mood now and it's pretty gay. Ty for the advice though, that does sound not so bad.

>>12505976
well desu, I've found that when you hate something but want to love it or be ok with it, the best thing is find meaning in what you do. That makes things at least bearable in the worst cases.

>>12502569
It's Reddit, what do you expect? Reality at any given moment is about the opposite of what Reddit thinks. This is unironically bullish.

There is so much bad feels from so many people in crypto. All you perma-Bear muh going to zero are fucking deluded. Do you keep up with current news of bitcoin/crypto/blockchain in general? Do you understand all the positivity that has been coming out? You are all the “this is a suckers rally” retards that are going to FOMO back in like the masses. Every single time I see some uneducated fuck saying it’s going to zero i confirm this IS the bottom even if we float between 3.2-4.1K for the next couple months. Keep it up boys you can buy my bags next run

>>12505906
holy fuck this reeks of a scam
fuck off faggot