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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13588432 No.13588432 [Reply] [Original]

Alright frens, I am going to post this during a euphoric moment because I know many of you will be amenable to my ideas right now. We all know that this board is filled with constant reverse psychology, gaslighting, irony, satire, etc. as is the rest of this godforsaken website. This thread however is not that.

The next bubble is going to peak in Q4 2021 and the price will be between 100-200k (or ~150k). The price will range around 6k (4-7.5k) for a while longer, possibly for most of this year. The ramp up is going to be after the halving in 2020. The price will not reach 1 million before the end of 2020 and McAfee may actually eat his dick. The price will blast past 100k the following year though.

The best strategy if you are not a professional trader is to dollar cost average. Look it up. It's boring but will make you substantial gains over the next two years. I know this is simple advice, but it works. Personally, I would only gamble 15% of my portfolio with shitcoins, but I will probably only make some room for ETH and XMR and that's it. There will be no flippening except the flippening Bitcoin will bring upon the world.

Do not be a dumb fuck and gamble away your gains. Do not get convinced by "flippenings" or shitcoins. Do not remain an ass-blasted nocoiner sitting on the sidelines in disbelief (The 21st century version of schizophrenic goldbugs). Just be patient and DCA.

We aren't all going to make it, but the ones who deserve it will make. We will participate in one of the greatest ass-rapes of finance and commerce the world has ever witnessed. The salt from normies will be immense. Just remember to give some money back to your favorite neo-nazi militias when you make it.

>> No.13588465
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>> No.13588477
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>> No.13588485
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>>13588432
Aye you included my pic in the meme pic, here is the updated version brudda

>> No.13588492

>>13588432
>Just remember to give some money back to your favorite neo-nazi militias when you make it.
based

>> No.13588521
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>>13588465
>>13588477
Mhmmm :)
>>13588485
Thanks! The log-log is a neat concept. I would like to see more of the projection to the right though, like the bottom graph.

>> No.13588699

>>13588432
what? actually quality post on biz? no link shill and stiff shills

>> No.13588846
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>>13588521
Easier said than done, but finally completed the log-log

>> No.13588875
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>>13588846
Nice, saved.

>> No.13588991

Can't wait to fucking make it and not have to worry about money again.

>> No.13589041

What’s the point of cost averaging if it’s going to 100k faggot?

>> No.13589104

>>13589041
1) Captures the average price
2) Does not require trading skills

>> No.13589113

>>13589041
Risk mitigation. And I said the peak will be between 100-200k which is quite a wide range. DCAing helps fight against one's psychological biases such as FOMO. It's a strategy for people who not professional traders, but who have reason to believe Bitcoin's price will greatly appreciate over a period of years.

>> No.13589169

itt. retards that still believe we have to wait for BTC for the next hype cycle

>> No.13589181

If you can get to .28 BTC you’re extremely lucky.
If you can get to 1 BTC you’re set for life.
If you can get to 10 BTC you have created generations of wealth for your kids etc.
If you can get to the all holy 21 BTC, you’re in a percentile so small you will be a world elite.
Believe in the system. You’re a part of it. Good luck.

>> No.13589230

Don't forget that mt gox wily bot and bitfinex + tether make a lot of that price discovery data unusable due to manipulation.

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>>13589181
>

>> No.13589544
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>>13588432

>> No.13589697

>>13588432
90% of holders think its going to 100k+, which is why it wont

>> No.13589709
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>>13589697
90% of holders are 200+ IQ

>> No.13589745
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>>13589544
Checked

>> No.13589798
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>>13589181
wagie with 1 btc here, aiming for 1.5 mil to retire, according to the "wet dream" chart that will be 3-7 years, or 1-2 decades in the log-linear chart.
by that time ill be in my 30s maybe 40s, my youth gone away from waging during that time.
happy that ill make it, sad that it will take so much time