/biz/ - Business & Finance

so why didnt you sell at 14k? stupid biz

>>15254010
OBVIOUSLY CAUSE I THOUGHT IT WOULD KEEP GOING UP YOU BRAINLET

>>15253987
Never a good idea to sell everything.

OH NO NO NO

Lol sold everything at 9900 a while back. Sweated as it went up pat 12k. Bought back in at 9900. Time well spent.

>>15254029
b-bros you have to be fucking kidding right? Theres no way this shit bounces right now right?

>>15254057
Anon I...

>>15254057
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCK FUCKING JUST JSUT JUST JUST JUST JUST JUST JUST JUST

>>15254057
They expect one of us in the wreckage brother

>>15254057
Ultimate kek and justed
$10200 and rising

and this, kids, is how you lose ten grand in a few hours

>>15254057

Anon...

>>15254069
AHAHAHAHAHAHHA 20K HERE WE GOOOOOOOOOOOOO

>>15254057
HOLY FUCK YOURE GONNA GET LEFT BEHIND HAHAHAHA

>>15253987

>>15254057
Of course its gonna bounce, you panic sold. Never fucking panic sell

>>15254131
NO FUCKING CHANCE I FOMO BACK IN

well that was fun while it lasted.
Hope none of you dumbshits bought at the top

>>15254167
How long have you been holding that btc if this is real?

>>15253987
You're supposed to buy the dip
Not fucking sell it

>>15254215
Bought in at $7k, so I'm not exactly JUSTed, but fuck man I literally lost $10k since I woke up this morning

>>15254057

>>15254069
Hurry up and fomo back in so it can dump again.

>>15254139
>he sold?

>>15254072
Kek

>>15254057
WHAT THE FUCK IT TURNS OUT TA IS JUST FUCKING ASTROLOGY ALL ALONG AND DOES NOTHING

How are we fucking pumping right now?
https://www.youtube.com/watch?v=OTLmD2kFDm0

Really hope you're joking OP

>>15254266
>>15254069
This, after you lose more money Google Elliott waves and understand why you're a retard, and the trend says your fucked.

>>15254237
Ok so youre new, hope you learned from your mistake

>>15254360
Where the FUCK do I learn TA? Please tell me. All I see are kike programs that want my money

>>15254018
rejected x times

>I THOUGHT IT WOULD KEEP GOING

You are the brainlet

>>15254374
Mitch ray youtube

>>15253987
>>15254057
>>15254069
>>15254167
lmao

>>15254456
mods please delete this thread, this is too embarassing to handle

>>15253987
congratulations, you sold the bottom

>>15254374
Dont fucking learn TA

Just never panic buy or sell

Its that simple

>>15254465
rofl
https://www.youtube.com/watch?v=KV5QlSgq7lg

>>15254497
Just reply to the OP and type "DELET THIS".

it's already below 10.1 k so much for much deadcat bounce

>>15254997
HAHAHA WHERES ALL THE PEOPLE WHO WERE CALLING ME RETARDED, ILL BUY BACK IN AT $5K AND DOUBLE MY STACK TO 10 BTC

>>15255007
I sold at 11k but I dunno if it's going to go that low.
The whole market seems to be risk averse rn but the more money is pull out of the market the more quick it will move and always remember that the whales are lurking

I'm legit lost rn and I don't have a buy back goal just yet

>>15255037
I sold round 13k and will rebuy at 3 to 4.
I did this last time and am clearing 10k per btc.

I love volatility, lots of ways to clear up money

>>15254010
Cause he bought at 15k

>>15253987
LARP

>>15255433
you'll never make it. BTC only losses 75% or more from an ATH, we're not at ATH yet. You guys cant expect more than a 30 or 40% dip this close to halving. The market is gradually pricing it in and then the supply shock and miners raising prices will send us 10x or 20x $19k. Markets are cyclical.

>>15256310
I basically agree with all of this. I’m comfy. Will likely buy more if it reaches anywhere in the 8’s

>>15253987
You bears hoping BTC goes down need Argentina, Zimbabwe, Venezuela, Hong Kong, South Africa and other countries stop paying huge premiums. Every time BTC tanks there's a central bank putting in a floor with massive buying pressure from people fleeing hyperinflation.

The Fed and PBoChina are devaluing currencies and forcing interest rates lower, going towards the EU negative rates model. You guys should be focusing on BTC stock to flow, supply and inflation rate because central banks will pump the demand all around the world.

>>15256340
8k is its absolute floor to me but none of know 100%. These guys told me we'd hit $2.5k so I held $ on the side at 3.4 even though it felt like the bottom after the BCH wars. I had to pull the trigger at 4.5k because I knew once we cleared 5-6 we weren't coming back. Any one who looks at BTC's previous charts can tell. The BTC use case that's grow n since then is the amount of poor countries who use this to fight inflation or political turmoil.
https://cointelegraph.com/news/bitcoin-sees-4-premium-in-argentina-as-peso-plummets-30

>>15253987
You dipshits do TA and think you know 100% and then you sell into global currency crises and they eat through your sell orders.

https://www.cryptonewsz.com/bitcoin-being-traded-at-premium-in-crisis-hit-argentina-and-hong-kong-comes-to-rescue-from-devaluation/36810/

Down to 9850 on Gemini right now and alts are hemorrhaging money.

>>15256553
That's another thing that keeps BTC from falling. Alts bleed into BTC when BTC crashes, the charts show a delayed flow.
Altcoin Whales won't let BTC drop they protect themselves. They hold tons of BTC right now though because the market has learned that BTC buys more alts after alts have bled and BTC has mooned. You're shooting yourself in the foot by not holding BTC, both feet.

>>15256340
Under 4k is the price of mining. There is your intrinsic value. I would wait for close to the cost of mining.

>>15257148
You would have said the same thing when the cost of mining was $350, and $3.50 and $0.03 per BTC. Expecting a revisit to the bottom after spending 8 months going up or so close to halving, is nuts. You guys need to recognize 30% of the time BTC is in bear season, 70% its bull. look at previous charts, once we start running up we don't dump harder than 30-40%

>>15253987
9,670 on bitstamp.

dont be sad anon, importance of risk management in trading

you preserved your capital and live to fight another day..

now you have the power to enter a long at a lower position.

meanwhile people are married to position watch btc free fall while 4h rsi drop to 5 .

i advise looking at 9,1 8,8 8,4 levels

if sideways maybe enter with 50% of ur stack

can also go down to 6k, then hell u just 1.5xed ur stack right? ;)

Shorting BTC during 2019, when it's only nerds using it, while central banks can't stop lowering the cost of money, While China and US are splintering the worlds biggest economic partnership.

You guys should learn about central banks, fiat currencies, inflation rates, bond and debt markets, supply vs demand. Once you learn about these things in enough detail, you'll understand why BTC is greater than other assets. It's not TX times, it's layers of math, many layers of math.

>>15257735
You guys have been saying we'd get below 8k since we left it but it never happens. Look back when BTC lost more than 50%. Tell me one time it happened so close to the halving, or 6 months after bottom, or during a bull season? Read the previous charts BTC goes down less than it goes up this season. That's why you can project a 50% fall after it dropped 20% and still keep us all in the green on the year. BTC finishing 2019 at $5k would put BTC at 30% gains, more than traditional markets would ever expect. You're stupid for shorting more than short term moves, anything more than a day is playing with fire

>>15257832
>>15257744
>>15257231
t. increasingly nervous and incoherent victim of the finex/binance/tether/blockstream second bubble scam
Like you said: even at $5k there is still a long way to drop

>>15254072
bro im fucking crying
press f

I actually might die it's fucking over.

>>15257861
>even at $5k there is still a long way to drop
You guys can't win arguing against BTC because of the numbers. You need multiple imaginary drops, you guys promise these at 1k, 2k, 3k, 4k, 5k, 6k, 7k, 8k, 9k, 10k and then act like you guessed right every time.

Losers with less money than us can't sway the market, until you break below the previous cycles ATH you won't see a long term BTC bear market. People who bought BTC 98% of the time have made $, a lot of $. You're trying to convince us of the 2% of time being reality. It's not your season buddy.

You know all this because you've heard the supply vs demand idiom your whole life. Don't fight the market, you'll lose

>not holding until 2040

>>15257832

anything is possible in bitcoin

don't get married to your ideas.

always imagine what if i'm wrong.

imagine the worst possible outcome.

conserve your capital.

develop your trading ideas several days before you enter. / dont chase trades.

why can't bitcoin finish at 5k? why cant bitcoin finish at 3k? or even less?

anything is possible you just have to be prepared for the worst outcome possible.

if buyers don't step up, and if sellers continue to offload hundreds of bitcoin at these levels then the price will drop.

if no endogenous / exogenous positive catalyst comes online, bitcoin and by extension all cryptos will crater and fall. yes it can get really bad like double digit red across the board.

anything can happen in crypto..

>>15254237
Congrats OP, you didn't get raped. Most newbies get raped. Be better next time.

>>15254072
based baneposter

>>15254374
You can learn the basics of divergence on investopedia. Look up Bollinger bands, macd, RSI, stochastic, on balance volume (with emas) VPVR and DON'T fall for the low timeframe meme.

Add Elliot wave, weekly moving averages and Bulkowski chart patterns and you are good.

>>15258029
>why can't bitcoin finish at 5k? why cant bitcoin finish at 3k? or even less?
This is a game of probabilities. BTC can crash to $0 but it's not likely to happen.
This is where we look at previous cycles and compare. Where are we in the cycle? less than a year from halving. Has BTC ever dropped 70% of its value so close to halving? no. How about this far after setting the bottom? no. Why now?

Buyers are stepping up every time a fiat goes into hyperinflation. Governments indirectly pump BTC through their central banks and inability to raise interest rates. This is probably the reason BTC won't go to 5K

>>15257744
if you really understood shit you'd realize btc is just another tool in the kike arsenal to extract wealth from retards

>>15258496
reminder that those with the power to print currency dont give a shit about fiat, gold or any other useless form of 'money'.
They only care to own what goyim build. That bigass skycrapper 200 workers built, 2 dead in the process, they want their name on it without lifting a single finger

>>15254057
it just did

When Bitcoin goes on sale, I buy

When scared shitters are panic selling, it's a sign to buy.

>>15256310
imagine thinking the halvening isnt priced in

>>15253987
Don't worry, i McDonalds was hiring.

>>15258904
imagine falling for a traditional market meme and not understanding it.
This isn't an earning report, you dumbfuck. The market doesn't price in a future supply shock. The biggest sellers of crypto are miners, and a lot of times, the exchanges they own. Exchanges make money on volume which can be but isn't always good for price. Miners make money by selling new BTC into the market. Miners are the biggest selling or downward pressure on BTC, their supply will be cut in half in june 2020. They've been slowing adjusting price for a while leading up to this and they'll adjust more after their stock cuts in half. If you think there's never a new buyer to BTC than your theory might hold water but even if the market "priced it in" miner costs and difficulty increase, amount of new buyers increase every day, the companies who pay part of their employees salaries in BTC like Coinbase seem to make the news every month. This is just the US but all around the globe people are forced to BTC for many different reasons. Hookers and pimps taught me about bitcoin when I was working at a sex store. They had a decent understanding for why it was valuable too. Like biz board posters they thought of it as one or two things. BTC is a million things to a million people.