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/biz/ - Business & Finance

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13508214 No.13508214 [Reply] [Original]

We're in one of two phase

1. A Bitcoin run like June - November 2017 when Bitcoin went from $2,900 to over $10,000 and most ALTs got destroyed. Ethereum after reaching $390 in June stayed at ~$300 levels for 5 fucking months. Ripple dropped to $0.20 from $0.30. Even new shitcoins like Antshares/NEO tanked after popping

2. After the correction of the 2013 Bitcoin bullrun, ALL ALTS were pretty much destroyed except XRP and LTC. XRP and LTC bled heavily to Bitcoin over 3 years until the start of the next Bitcoin bullrun in 2017. In this scenario new shitcoins were born and you wouldn't get rich holding 2013 shitcoins. If you look at CMC, you'll see new shitcoins moving up the charts compared to May 2017. Most of your 2017 shitcoins will not rise against BTC.

In any case, fucking time to abandon ALTS noobs. After a big Bitcoin increase or bullrun, then you can get in on some hyped/shilled shitcoin.

>> No.13508223
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13508223

>> No.13508233

Basically you need to buy RLC and you'll get insane gainz in a few days. V3 coming.

>> No.13508251

>>13508214
>Abandon alts on a 30% dip
Anon, the whole alt market is on a huge dip right now and it has absolutely nothing to do with fundamentals but everything to do with bitcoin mooning. This means as soon as Bitcoin stabilizes, alts are going to themselves moon. This is the time to stock up.
And people wonder why /biz/ is poor

>> No.13508259

1. This really shouldn't be able to happen after the MASSIVE losses alts have experienced since 2018. In June-Nov 17, it was from baseline so the losses made sense.

2. 2013 alts gave rise to the whole bitcoin superiority and 'alt'coin name. They were literally carbon copies of bitcoin, apples and oranges to the alts of 2017

Going to continue holding my all-in alts portfolio, not interested in trying to time the market. It hurts when the market is down like this, but whatever

>> No.13508260

Is link going up or down?

>> No.13508263

>>13508223
too late for that
none of these alts are being used for anything bitcoin can't be used for.

>> No.13508337
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13508337

>> No.13508412

>>13508214
but thats because alt season had a x10-50 just before it.
we didnt have that now

>> No.13508651

>>13508259
this

>> No.13508974

>>13508259

Interesting point but what about the 2017 alts? 80% of the alts from June 2017 top 100 have dropped out the top 100? Do you really think Request, Salt, Substratum hell even Enigma have actually use case? It seems likely they end up just like 2013 PrimeCoin or 2017 Iconomi.

>> No.13508999

>the little jew hat on XRP

topkek

>> No.13509010

the only alt that would cause any blip on the rdar if it suddenly disappeared is ethereum. every other alt is 100% meaningless and just on the same path to get replaced by another set of alts with equally poor network effects and no users in 2-3 years.

>> No.13509025

>>13508259
the alts with massive losses to btc are the ones that are never coming back anyway, just like the 95% of all alts from the first wave in 2012-2014 that never came back, those are gone forever, and the next batch are already being created to replace them.

>> No.13509679

>>13508214

There won't be a shitcoin bubble anymore. Easy money time is over. If you didn't make it in 2017 you failed.

>> No.13509702

>>13509679
Hang yourself in 2022

>> No.13509705

>>13508260
Definitely down. I have a massive, massive bag of Link, but I see the writing on the wall. I thought about selling south of the order book 1000 sats just to liquidate, but it's risky. Link is going down anon, way far down. Just hodl, by 2024 when sergey delivers on his promises we've made it

>> No.13509707
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13509707

>>13508214
>tfw see ripple merchant

>> No.13509709

>>13508999

Epic.

>> No.13509717

Bitcoin Green and Deviant Coin is doing really good.

Look into it.

>> No.13509723

>>13508214
if you have btc, pick up alts cheap, earn more btc

>> No.13509733

>>13508214
Btc close to ath dominance in 24m...

>allin btc now

No wonder you fags are broke

>> No.13509742

>>13509733
Kill yourself beartard. Do it now. Don't wait.

>> No.13509753

>>13509733
>>13508251
>newfag makes a post
>>no wonder /biz/ is poor
Pottery

>> No.13509758

>>13508214
Why doesn’t monero wear a yarmulke?

>> No.13509786
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13509786

>>13508214
Not gonna fool me Shlomo reptoid

>> No.13509787

What would you guys suggest someone with nocoins put $500 in to?

>> No.13509808

>>13509787
BSV

>> No.13509816

BTC maximalists are funny. Human greed dictates that shitcoins will moon.

>> No.13509831

>>13509787
suicide coins like >>13509808

>> No.13509833

>>13508233
shut up pajeet.

>> No.13509844

>>13508251
30% dip.... Bottom is 0 for alts anon.

>> No.13509864

>>13509025
This.
>>13509723
Read again OP's post mongoloid.

>> No.13510592

>>13509787
BTC. No need to complicate things anon.

>> No.13511057

Even with everything going up most my alts are bleeding satoshi. When Bitcoin dips and corrects, I know they are going to lose more satoshi value. Holding alts seems like a losing game right now

>> No.13511626

imagine not loading up on OMG now lol

>> No.13511653

>>13509025
nkn

>> No.13511665

>>13511626
HAHAHHAHAHAHAHAHA!!!!

>> No.13511710

>>13508263
That's where you are wrong kiddo. I'm not revealing my golden gooose tho