/biz/ - Business & Finance

WHY IS THE CHART GLOWING

>>23800586
great question

We waited so long

>>23800565
pump 'n dump?

>>23800586
LoL

>>23800586

>>23800565
biz will be pink tomorrow

>>23800624
What does technically cause the dumps? Is it market stop loss triggered in chains or just normies panicking? Or are these two the same thing?

>>23800624

>>23801430

>>23801546
Foolish of me to think otherwise

>>23801466
We are coming and we are coming in waves.

>>23800586
it's Robinhood.

>>23801546
Not this time, Bog.

>>23801430
All of the above as well as technical levels of support and resistance. Whales might want to take profit or go stop loss hunting, there's all kinds of market shenanigans that go on. It's actually really interesting when you think of the market like this living ecosystem.

>>23802089
Proof that robinhood is flashy normie shit

>>23802418
>normie shit
And that's a good thing. We need bitcoin as accessible as possible to your average joes

>>23800565

ATH by EOY or in Jan to 20K-24K (LINK hits 400/500K sats)and then massive retrace back to 15K over for 6 months and bull cycle blow off top EOY 21'/early 22'

>>23800565
>robinhood

>>23802418
>>23802667
Except you don't own bitcoin on RH. It's like when you buy silver contracts. You don't own the physical metal you just own a piece of paper essentially and that is valued at X.
Robinhood is basically the custodian of the BTC or they middle man it for a fee (or both) but you can't just buy $10,000 of BTC on RH and send it to a wallet address because you don't own the 'physical' BTC

>>23802667
You're right. Kinda lost my cool and lost sight of the mission statement.

>>23802868
if i only hold 5.8 eth what do i buy

>>23802927

ETH will do well I think too but the best risk/return ration is probably LINK. Sure there will be some moonshots that probably do 100x the next couple months or 1000x by next year but identifying them is hard. LINK will probably do 50-100x in under 2 years from the current price point.

>>23803139
i can't believe i got in on ampl this summer when it was at 10mm cap, failed to sell the top and did some absolutely fucking retarded trades trying to swing bnt

could have 90 eth but i guess i'm too fucking brainlet so i'm going to stick to sure bets now

>>23803577

I missed AMPL and basically the whole DEFI run besides swinging some of my LINK. It sucks because I knew of shit like YFL when it was around $11 I just thought it was a scam(it is) but even scam hyped projects will moon 100x sometimes. Oh well I was afraid to risk any of my stack because I should make it it in 12 months anyway so I just kept holding tight except for the small portion I allow myself to swing

>>23803729
>Oh well I was afraid to risk any of my stack because I should make it it in 12 months anyway so I just kept holding tight except for the small portion I allow myself to swing
you did the right thing anon, don't sweat it
i got too fucking greedy, reminded me of the good old days, kept refreshing my portfolio every 15 mins to see my AMPL gains

some things never change

>>23802100

Checked. How has this not been checked yet?

>November 2020

>>23805377
SMINEM, TAKE MY ENERGY!!!

>>23801466
Most likely this - but probably with a massive dump after the last pump (As people will think its a dead cat bounce)