/biz/ - Business & Finance

>>23387943
‘Abandon all alts (except Quant)’ you mean?

Already did this Sunday night. The coming thrashing from the king was obvious. Biz won't listen to this advice though and are busy doing shitcoins

>>23387943
Nope bcs taxes

>>23387943
OH MY GODD SELLLLL SELL SELLL BTC WENT UP 1% OMG ITS OVER!!!!

>>23387943
bamped for the keks

15k incoming
Alts for december

>>23388269
You might want to look at BTC/ALT ratios over the past 3 years and even back to 2013.

>>23388229
i am not sure how paying some taxes for measly alt gains and most of you are in a loss anyway matters when the alt ratio is going to keep trending down. BTC is going to sucking money out of Alts slowly like it has since 2017. You only need to look at the charts
https://coinmarketcap.com/historical/20171020/

>>23387943

just capitulated into BTC

>>23389798
Luckily I've been in Link the past 3 years.

>>23390762
>BTC pumps a few hundred $
>all these BTC maxis come out of the woodwork proclaiming how Bitcoin will crush all altcoins

nowhere to be found when altcoins are 10xing though

>>23390814
>tfw converted half of my linklet stack to BTC last week
I might be able to double my pathetic stack soon

Btc and Eth are the kings. Deal with it. Eth will flip btc soon as well.

>>23390762
If you bought top-tier alts like NEO in 2016-2017 you'd literally be 100x to 1000x your money. BTC gains are no comparison. They may dump in Satoshi value but they gain tremendously in USD.

>>23391035
>They may dump in Satoshi value but they gain tremendously in USD.
Found the crayon-eater

>BTC/USD+1.37%

>>23390865
These are the same maxipads that will hodl all the way down to 6k after the next bull run

>>23390762
Stop pretending to be a prophet. How many years has it been since tokens were launched? Yes, all those alt coin chains died on their own, because they had no solutions to problems, eth came and offered a solution through tokens. How many tokens were launched? thousands. Yes, half scams, half without required knowledge or required people to develop. Only hand full are capable of solving issues for eth.
Natural selection happened in crypto space and you couldn't resist to take it for yourself, btc fan boi.
>BTC is going to sucking money out of Alts slowly like it has since 2017
Correction: Out of tokens
Go back and look at btc trading volumes, it doesn't matter is it changes in 10s of billions, price barely moves.
Wake up out of that "imma get rich out of next bull run" phase. You are blind.

>>23391062
Hey crayon-eaters at least understand basic math.

>>23387943
>2.2% last 24 hour

>>23387943
>not just opening 10x longs at 12.5k

>>23390785
It's going to dump at 12k

ALTCOINS ARE DEAD
SELL ALL ALTS
BUY BTC

BTC IS KING
ALTS ARE SCAMs

>>23391123
Yeah but alts are down way more.

>>23391813
No, its going for 20k and you know it.

It's not pumping, besides this shitcoin can't even break 12k.

>>23390814
Congrats on the pump and dump

>>23387943
Buy CORE, at the end of the week it'll be backed by ETH and BTC liquidity pools, tying it to the price of both.

>>23391854
That's because of retards like OP who dump them at every "pump" of 2 percent

>>23391080
>>23391094
>>23391123
Over the longer run, ALTS vastly underperform BTC and almost of of them fizzle out after sucking money from low IQ crypto investors. Even the ETH has under-performed badly over the last few years.
> June 2017
> https://coinmarketcap.com/historical/20170601/
> December 2017
> https://coinmarketcap.com/historical/20171201/
> June 2018
> https://coinmarketcap.com/historical/20180601/
> June 2018
> https://coinmarketcap.com/historical/20181201/
>>23391035
> top-tier alts like NEO
Retard. New shitcoins, hypecoins, fads and chink scams like NEO will outperform BTC when the hit the spotlight but they dump into an abysses after scamming investors dry. In the long run your money is gone. Where is NXT coin from 2013. Where is Stratis from early 2017? Same but a longer drawn out bleeding is happening with scams like IOTA and NEO. >>23394666
retards look at 2% and fail to realize that despite the pumps the long term trend of almost every alt is 0. Hell over a week even ETH is down ~-8% to BTC yet retards are saying hur dur 2% BTC pump

lmao, good alts are 3-5x from march faggot

>>23396437
>good alts
kek

Scared money sells alts
Strong money holds alts
Smart money buys alts

>>23395908
>long term trend

The "long term trend" of every alt that exists is at most 3 years. Don't you think that's a bit early to conclude that actually they're all scams that are all going to 0?

2017 was basically the .com bubble of crypto

>>23395908
nitpicking faggot i can name hundreds of shitcoins that have performed better and are still currently performing better than BTC. As long as you get in them early enough they easily outperform BTC.

>>23397069
>"long term trend" of every alt that exists is at most 3 years
BTC $1K, LTC $30, XRP $0.05, everything else dead shitcoin from 2013 bubble
https://coinmarketcap.com/historical/20131205/
>>23397089
>hundreds of shitcoins that have performed better
when a shitcoin discovery is made, yeah it performs better. Stratis, Antshares, Raiblocks, REQ, DragonChain, etc I can also name 1000 shitcoins. But the entire use case is to scam retards like you and they eventually dump to kingdom come

>>23391854
most alts did a 10-20x from april. btc did what? 2?

>>23390762
You say this as if it applies to LINK though. It doesn't.

>>23387943
Look at bitcoin

while we (IMF & gov'ts) set up our cbdc's thanks!!

>https://www.ecurrency.net/