/biz/ - Business & Finance

It was the best of times, it was the worst of times.

Can't wait for next time. I want to feel alive again....

>>18789131
Why did this happen?

>>18789204
people bought bitcoin

>>18789131
You should label your axes.

>>18789204
Bitcoin went mainstream, FOMO

>>18789131
That day? No, but damn close. Plan was to sell all the crypto by eoy to simplify my taxes and establish a clean cost basis for my crypto going forward.
All in all I made about 40k after tax, not a lot, but could have easily been a quarter of that.

>>18789223
>>18789305
So what’s prevented this from happening again the last 3 years?

>>18789319
>>18789315
>>18789305
>>18789246
>>18789223
>>18789204
>>18789187
>>18789131

Bitcoin is going to half and explode in May. We've already warned you all.

>>18789319
The hype train has died down

>>18789131
I witnessed the pump from 14k to 19.4k on GDAX (coinbase pro now) live when it happened and sold at 18.9k, it was euphoric
felt good man

>>18789348
Has it exploded the past 3 times?

>>18789416
Yes

>>18789131
Kinda related: what is the best indicator for short term/mid term gains with BTC? I use bollinger bands, stoch rsi, rsi, macd.

>>18789401
I was on Binance where BTC pumped to 21K or 22K for a brief second

If I remember correctly

>>18789444
help

>>18789426
How do I best take advantage of what’s about to happen then?

I'm too lazy to find my post but I posted on here that day, calling the top. I talked about being an oldfag and the fact that one of the baldwins being on TV shilling his shitcoin was a signal of the top. People called me a larper and doubted my oldfagness. I had a limit order at $19,500 that got filled on GDAX

>>18789131
The blockchain was crippled at the time this happened. $20 txns. It was hard as fuck to cash out at the very top.

>>18789319
> crypto is long known to be highly volatile asset with shady background
> only normie willing to take the risk do it at the top of a massive bubble
> get absolutely shredded in the crash literally 2 weeks later
> normies are fed the hodl, halaving is coming meme, while whales keep dumping
> almost all shitcoin turn out to be scam bringing loses to +90%
> 2019 scam tether pump crash again

so basically in 2017 crypto killed the only normie willing to take the risk and the chart is there to remind the other to stay away from this market

Bought ~1 bitcoin at 17k. I printed it out and hung it on my wall.

At least my reddit gold is real.

>>18789581
just wait next time btc tops.. all cold wallets one month tx time lmao

>>18789348
It's going to explode, but not in May. Probably in December

>>18789465
Good times man, I've never seen so many 400 BTC walls get eaten up in mere seconds

>>18789583
Are we looking at a different graph? I’m seeing consistent growth and huge opportunities to buy during bear markets, hold, and sell during pumps.

Am I wrong?

>>18789555
Time in is better then attempting to time it.

I say get in now or if it goes into 7k and decide when your going go exit.

>>18789131
I was going to give it 3 more days and if it didn't break above $20k - I knew it was finished. I think I sold most of my BTC a little under $18k, but bought most of my BTC in 2013 when it was $300-ish. As soon as I saw all the shitcoins being pumped like crazy after the dramatic BTC-BCH split, I knew exactly what was going on. I honestly thought they were going tp pump BTC to $50k followed by a huge crash, but selling at $18k worked out just fine.

>>18789737
> just buy more bro
go tell that to the normies living paycheck to paycheck who bought eth a 1400$
honestly if you were not there in 2017-2018 you cannot understand how bad this shit made crypto look

>>18789764
I bought in earlier today, should I basically just forget about it and relax or do you autistically track every day?

Sold at $13k, no ragrats

>>18789836
So what are you implying? That BTC should just be avoided like the plague?

>>18789836
You could put in a limit order and sell at what your willing to get for it. But there halving is in 12 days so there will be volatility.

>>18789836
If you track everyday you're going to lose your mind. I check it every end of the week or when there's news to take note of

>>18789831
Buy high, sell low!

>>18789602
>>18789602
I got Reddit Platinum two months ago showing a pic of Bernie with a wheelchair bound tranny...absolutely fucking true.

>>18789348
Umm sweaty, Bitcoin now slavishly follows the stock markets and they always go down in May you got one last chance to sell your funcoinz and buy the dip in 30 days.

>>18789583
Until they hear “bitcoin is back”

>>18790007
yeah it's what happen last year just in time so they could see it crash again

>>18789131
>smart enough

It's got more to do with experience than smartness.