/biz/ - Business & Finance

>>13594128
the 6800 "resistance" is right around the corner

>>13594128
>this isn't sustainable

haha classic
love this one

we really are back arent we folks

we went from 6000 to 20000 from october to december in 2017. 3 months.

The massive dump also wasn't sustainable, it was clearly oversold, if you didn't buy at 3-4k you are literally retarded.

>>13594181
And LOOK WHAT HAPPENED!

>>13594190
nope we will see 2k

>>13594173
Remember this board before last month ?! All the hate and disdain for cryptos, now all the boomers getting back in before 10k

>>13594194
a lot of people got insanely rich?

>>13594128
>mfw bought in at $6500
this is not a fomo Im timing the market

>>13594128
This dick aint sustainable

>>13594128
BRO WTF I JUST MADE THIS THREAD WHY IS YOURS GETTING REPLIES BUT MINE ISN'T!

>>13594194
Nobody is telling you not to sell on the top.

>>13594128

bought 2k worth at 3800 and 3.5k worth at 5200, wish me luck bros

>>13594222
Heh...nothing personnel, kid

>>13594210

Survival of the fittest fren. Your thread borns, another dies, other thread is born, yours dies, is how the world works.

>>13594210
>sees a straight line at 89.5 degrees up for a solid week
>time to buy for my retirement fund

>>13594222
Time in the market beats timing the market.

MUUUUUUUUNING

>>13594222
you used the wrong image

>>13594253
I screenshotted my image personally while watching Hercules last night though. It's OC

>>13594245
kek

I don't even know why everyone is FOMOing? Just go look what Bitcoin did last year in July and where it ended up a month later. Seriously, people buying now deserve what's about to happen to them.

>>13594242
Imagine talking to yourself fren or not tagging who you’re responding to

>top kek

>>13594128
This is hella sustainable

>>13594236
You'll be fine. Bitcorn has won

remember during 2017, everything was climbing for months.. remember not buying in because you were too much of a wussy..

btc is going back to 20K
this time we got fidelity bagholders.
$5billon of real $ into BTC = $68,000 per BTC.

>>13594295
What if we crash and it gets stuck low again for 2 more years? I'm terrified of this..

>>13594273
you mean the rally that lasted 24 days as opposed this rally which has lasted for 5+ months?

>>13594198
Even my fucking grandma would put all her savings into bitcoin if it ever went back to 2k.

>>13594243
don't be jealous of my big meaty balls, surely this will be a profitable trade.
>>13594295
I won't make the same mistake this time.

>>13594128
Literally no sellers buahahaha

>>13594128
the drop from 6K was not sustainable.

>>13594301
It takes balls to make money. I'm risking nearly a year's worth of my life wageslaving on king shitcoin, but ask yourself what you stand to gain. What are the potential rewards? Weight the risk and consider every angle, how you'll react if it crashes 50% tonight. Once you have absolute confidence in your decision that's when you but and execute your plan.

It's really fucking simple. Buy now with half, and if it crashes buy with the other half to DCA. I don't get why /biz/ doesn't help each other out more we're only like 30 shitposters strong we're a fart in the wind in this market. It's really as simple as HODLing my man, and if you lose tough shit. That's my plan at least and I've been here since $5200

>>13594366
>It takes balls to make money. I'm risking nearly a year's worth of my life wageslaving
Unironically based. You'll never get rich being a pussy.

>>13594366
and im risking 50% of what I received after being fired from my job, after 7 years there.
bought at 6k at November and been holding ever since.

>>13594416
Those are some strong hands bro you're gonna make it

>>13594366
I'm the guy you're replying to. I make 28k a year before taxes. I have about $200,000 right now in Bitcoin and I held through the ENTIRE bear market. It has killed me inside.

>>13594416

>>13594416
>>13594456
>>13594381
What I'm trying to say is that I'm risking about 10x what I will ever be capable of making in a year. This isn't peanuts to me it's my future. This bear market, which has cost me several hundred thousand dollars at this point, has been the single hardest thing I've ever done in my life. I have not sold a cent.

>>13594456
You're one of the lucky ones then, I was too young and stupid to invest in bitcoin when I first heard about it back in 2014 or so. I wagecuck for only $35K/yr before taxes so I know that feel.

>>13594472
It gives me a slight inner arrogance over my coworkers even though I know 200k isn't enough to retire on so I don't really have any choice but to keep working here. But I think every single day on my job "if only I had sold at the top and simply rebought at the bottom." If I'd done that I would have doubled my money even just one more time and it would've been enough to quit. That one decision not to make that trade could end up costing me 30 years of wageslaving.. I don't know.

>>13594181
Not gonna happen again, dear 2017-2018 bagholder

>>13594543
At least you have the hope. Even if we do $100K I will still need to wagecuck even if I sell the top. Hopefully though with decent research and a bit of luck I can make it someday too. Sometime before I'm 50 that is.

Also I too feel smug when my fellow wagecucks come in and start shit with each other over the dumbest things. They're completely oblivious of the life that COULD be, driven only by base desires and the reward of the weekend.

>>13594555
you fucking liar

>>13594295
Even during 2017 we had major corrections... From 299X to 1800, 4975 to 2800 and 7800 to 5200. Bull trends need healthy retraces, since we began our uptrend from 3.3k, we never stopped... I feel like we're going to pay heavily for this rally. Market cycles are supposed to get longer, not shorter when there is more money involved.

>>13594301
Are you retarded? Do you really think BTC will go up slowly forever? Do you not know how this works? BTC gains hard and then it crashes hard. You're a retard if you are planning on it behaving like a major stock index fund for boomers.

>>13594301
buy the dip nigger

>>13594222
You gotta post a brapper or a meme frog

>>13594128
nope it's going to correct soon, hope u have your short ready

Doesn't matter if it is unsustainable and crashes, because the next bottom will be >25k

>>13594629
that's what I like to hear.

>>13594681
>correct
There are no corrections anymore. The time for that has passed.

look at all these BTCUSD shorts getting liquidated

>>13594274
the virgin tags people so they pay attention
the chad walks in thread and yells what he has to say, confident he'll be listened to (not that he cares)

>>13594784

>>13594311
>5+ months
this rally started april 1st

>stock market dumping
>crypto pumping

My dick is so hard. Fuck you Jimmy Buffet

>>13594295
>$5billon of real $ into BTC = $68,000 per BTC.
you have no clue what you're talking about, do you?

>>13594810
>>13594784
Beautiful

>>13594841
You're mad.

>>13594128
Where the fuck is the money coming from?

It's definitely not normies this time around.

>>13594784
Is it really happening?

>>13594869
not yet

>>13594222
bro I cant find your thread.
I was going to say hello.

>>13594869
>He thinks normies can afford to buy a Bitcoin at $10k+.
It was never normies.

>>13594886
>implying you have to buy bitcoin in whole units

>>13594886
>normies buying even .2 BTC at once even at these prices

>>13594222
*de-diing*
Gotta play the guitar like me

>>13594899
My coworker is excited about his 0.08 of ETH that he bought. No, not 0.08BTC. Not 0.8ETH. But 0.08ETH.

>>13594869
Fomo? Many people were waiting for the tables to turn, i guess this is a clear sign for them that the bear market has finally ended.

Also people turning alts into btc, many shit coins are bleeding out and many more will follow so bitcoin will gain even more dominance.

>>13594616
Sell then, faggot.

>>13594899

reminds me of my mom a year ago

>I cant afford a bitcoin so I just bought one of those litecoins instead!

>>13594937
unironically had a hearty kek at that thanks bromium

>>13594897
>>13594899
Best part is they will maybe make a couple grand and not sell it, then they will sell it at a loss in the next crash.

>>13594784
HAPPENING

Guys I think I'm only going to get to 10btc. Is that enough?

>>13594784
time to short

>>13594972
rule of thumb is 21btc but youll be alright with 10

>>13594972
Nope, never gonna make it

>>13594978
>tfw could only accumulate 1.6 BTC

>>13594992
1.04 ... Oh boy everything is great

>>13594128
We're not in the 1960s anymore, buddy. It's 2019; the middle class is a thing of the past. Now, you either make it big, or you die at 35 with no health insurance and no money. And that's good; the human population has gotten out of control and needs a hard reset.

>>13595016
Well on the bright side if we manage to sell the top we might actually make it within 10 years if we rebuy. Do you think it will reach $1M? Even I have my doubt about that, but if we actually hit $100K it would seem possible.

>>13594958
Yeah well your mom is now rich, not so smart now huh?

>>13595042
I told myself I was selling at 20k when I fomod at 3600. Now wasting my life away on this board I'm not sure what to do anymore ... I wanted a simple life, a homestead some chickens. I can't go back now

>>13595073
yeah no she is underwater still

>>13594181
>>13594194
bear trap

>>13595084
Let's be honest we'd be shitposting here regardless of whether we made it or not. You can only go on so many luxury cruises and snort so much coke before you get bored... Right?

I just want to be able to waste my days painting and playing video games, that's all I ever wanted. If I make it I'm not even going to buy anything fancy, just live a nice simple life where I don't need to show up to work every day of the week. Hell I'll even take working just part time

>>13594897
>implying normies understand btc well enough to know this

>>13594301
what do you think is going to happen when all the retail longs get trapped?

this is perfect retail liquidity for the institutional investors to dump

>>13595187
this

Told my mom to toss some money she could live without into BTC a couple weeks ago, said she didn't have enough to buy one. Not a single person at my wagecuck job knows the first thing about bitcoin either. No normies know that there will never be more than 21M BTC, nor do they know you don't need to buy a whole BTC.

Daily reminder to get your moms something nice for mother's day. Making it is pointless if you miss out on other non-monetary opportunities while you're winning.

>>13594616
You're reading it wrong my friend. Bears need healthy corrections, and BTC didn't get one. The bear was too strong and too long, its forces spread too thin, now it dies in every battle at once

>>13595118
Based.

:D

>>13594810
DDDDDDAAAAAAAMMMNNNNN

>>13595224
Its true, the level of knowledge about just only btc for normalfags is close to ZERO. Nevertheless they will totally loose their shit and fomo hardcore if the media covers this run. They dont think or research - once its shilled by cnn,msnbc, etc and above previous ATH that Normie money will come in and you better fasten that seat belt extra tight or the acceleration to 50k will kill you once this rocket takes off.

>>13595042
140k-160k USD is the max for one btc but the likelihood to get there is high

>>13595256
How far back can we push the bear forces? They have reinforcements at 6.8k?

>>13594810
This shit gets me fucking hard

>>13595473
Everyone knows bears can't live on the moon...

>>13595473
We shall see soon

>>13595118
>I just want to be able to waste my days painting and playing video games, that's all I ever wanted. If I make it I'm not even going to buy anything fancy, just live a nice simple life where I don't need to show up to work every day of the week.
most based poster itt, we are gonna make it fren

Biz is clearly underestimating how many plebs will be happy to get out even after getting analy raped since oktober 18 or even worse November 18

Expect a huge dump to 4000 soon.

>>13594173
definitely

>>13594128
lol you are like a little baby. The great thing about the bull run this time is we'll have no reason to be surprised at all by going up 1k in a day.

>>13594204
and poor.

>>13596594
>that ID

OOOOOOOOOOOOOOOOOOOOOOO

>>13594568
read about tons of alts, shits about to get silly

>>13594274
>leddit pacing

>>13596369
Lol u mad

looks familiar doesnt it...

>>13596369
The majority of people who bought the top in 2017 panic sold when it crashed. The impact will be negligible at best. They will either fomo in again or stay away.

>>13594190
late reply, but honestly if I ever see BTC as low as 3k or 4k again, I'll buy again. For now, HODL

>>13595224
>cringe

>>13594128
No shit it isn't but this is best climb since 2017 so hop on or stfu

>>13594869

My theory is institutions are buying 4-6k. Traders without inside knowledge were selling to them. Traders are now fomoing in even higher.