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

/biz/ - Business & Finance

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17639889 No.17639889 [Reply] [Original]

guys im getting sick of this and on verge of selling everything and leaving this shitty market for good. is there a legit reason for this latest crash?

>> No.17639899

>>17639889
You can see no reasons
Cos there are no reasons

>> No.17640390

>>17639889
with the lack of metrics to properly value crypto and the get rich quick mentality that crypto attracts, you see wild swings when people get scared and greedy. can't see this changing unless we see some actual use cases that attract demand based on utility.

>> No.17640501

>>17639889
It appears that crypto is not a hedge against the stock market and is suffering with it over fears from the corona virus. In a market crash expect sub $1,000 btc

>> No.17640606

>>17639889
well considering the global market is in the shitter because of Corona and people are trying to up sell tp and fucking hand sanitizer... idk you tell me

>> No.17640620

>>17639889
>he doesn't know about the bitcoin sever shutdown in china

>> No.17640626

>>17639889
>Emotional investing

NGMI desu. Take your tampon out and just leave the market for good. You're not built for this shit.

>> No.17640645

>>17640626
I second this... either shut the fuck up or gtfo

>> No.17640662

Did you not notice the obvious head and shoulders top pattern starting from January?

>> No.17640663

>>17640501
>source
>my ass

>> No.17640668

Perhaps people holding crypto simply need cash due to the corona and other troubles, so they sell.

>> No.17640672
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17640672

>>17639889
It's happening.