/biz/ - Business & Finance

wrong.

>>24216852
I'm not buying, but considering selling my chainlink and buying back in when it drops. Convince me.

>>24216852
>>24216976
>Beginning of the bull cycle
>Sell
ngmi

Those of us on BIZ have for the most part being buying a while. I think carefully averaging into a few alts for us is a pretty good idea for when they do ride.

>>24216976
Not worth convincing a retard

Finally someone with common sense. when everyone including your grandma and normie celebrities jumps on it hoping to get rich quick with no effort then you know its time to jump ship

I read a lot of fake info about different shitcoins and their “real success”. You can check the RBC price and see what is a successful project!

> Multichain p2p project integrated with Binance, Ethereum, Matic and other blockchains
> The RBC price has reached 150% just for one month!
> ROI 150% and the trading volume over the 200k dollars

> https://rubic.finance/
> @cryptorubic_chat

I can predict x 10 of the price after the Instant trades solutions launch, so hurry to buy now!

>>24216852
Google trends says otherwise. There is always the odd normie shilling, when normie awareness levels reach 2017 then I sell

>>24216852
>Logic
Literally who

>>24216852

>niggers fomo this bullrun to the top
>everything crashes, no one sold for profit
>massive nigger riots in the streets demanding back their moneyz
>crypto now evil white man technology designed to keep blacks down
>crypto forever banned by Biden

Thanks just bought 1000 LINK

>>24216852
Imagine not having a policy out with Geico

Normies buying crypo now have limited following far from enough to create a bubble. wait til bitcoin reaches 100k and is on every MSM outlet then be prepared to sell

>>24217732
Not to mention the chinks exit scamming the entire market and the blame falling on whites.

>>24216852
Right now its climbing, for the most part somewhat slowly...its not sustainable (yet again) because too many people got burned in 2018 and have that 'ain't gonna happen again' mentality.
Several things are going to happen, but until then, enjoy the ride upwards...but....
1. Dec 12th is when Xrp snapsot and Flare happen. There WILL be a dump afterwards, probably 50% loss in a week, maybe more. This is a guarantee...but how high it gets until then is your guess. This will take the wind out of the market sails for a bit.
2. Traditionally, the new year brings a run up and then a tax sell off in Jan. All these 'institutional investors' everyone talks about aren't putting bitcoin away in a freezer til 2050. No..they'll sell them at a profit and re-buy later. Pretty basic economic stuff....don't fall for the 100k eoy type shit.
3. My 'opinion' is that once people realize Biden is actually going to be in, they'll sell off the market a bit and it'll draw down the crypto with it. You're already seeing precious metals selling off.
Good luck.

>>24216852
I don't see women and trannies begging for handouts on here yet, not top

>>24217695
/they’re/ afraid

>>24216852
Hi OP
First off you are so early and you don't even know it baby - so no need to be salty. Absolutely none.
Google analytics says no newfound retail interest, you can see for yourself. We are in an unprecedented global massive inflationary event. People think inflation is 1-2%. This is wrong, true inflation is 7%. Via Keynesian monetary theory the govt thinks the best way to promote an economy is through massive spending; therefore they make fiat as worthless as possible. This also leads to a perpetual boom and bust cycle because so much money is leveraged, equity valuations become detached etc.

We were due for a bust anyways, coronachan expedited it. We are now looking at 15% inflation conservatively. That's why the stock market and real estate have exploded. Bonds now have next to zero yield and should go negative by next year - in Europe this is already happening. This means the traditional 60/40 portfolio is dead. People are looking for a store of value, the tech stocks are being treated as such. Apple has a 2T market cap, it has become officially detached from a traditional valuation. Crazy.

I can keep going if you'd like.

>>24217910
keep going

>>24217732
>crypto forever banned by Biden
you were so close. What will actually happen is only regulation compliant/institutionally adopted digital currencies will be viable. Which means that anyone investing in projects with bank partnerships/wall street connections/genuine usecases in the finance industry will benefit. IYKYK

>>24217910
keep going

>>24216976
The narrative of Bitcoin as the de facto store of value is being cemented with the macro landscape. This finally gives Bitcoin a clear purpose, major institutions (which you need for a golden bull to appear) are finally understanding it. The days of it being this private monopoly money for drug dealers (2017) are over.

Chainlink is a very intriguing project (Bitcoin isn't a project - it's done). It has years until it will see any type of widespread adoption, not to mention profitability. And it's not guaranteed that it will ever. It's trying to disrupt an already viable system.

Same with XRP, interledgers and CBDC's are years away.

Because of this, investors will probably become jaded with Link and XRP over the years, though I don't think they'll crash. The point is you need to be in Bitcoin now. There are way to many real factors in its favor. Whereas everything else, including ETH, is speculative.

>>24216852
Please keep letting retards fomo in so that I can buy a lambo.

Bitcoin is going to hit 1 million dollars.

>Bullrun
>organic rise
Welcome to crypto newfren

>>24217910
MOAR

I want to see more helpful and prospective systems. The best example is the gotEM project. This project will go to the moon! The pre-sale will take place on telegram and its website. Buy GTX tokens now: gotem.io

>>24217453
By Vishnu is this real?!

>>24218234
So money has already flowed into something and you're telling me to invest in it. Sure, I'll invest in your proof of work blockchain that's over a decade old prototype technology. I don't care about the scalability or transaction issues or the reason Bitcoin is a finished project, with tons of money in it and an extremely high market cap, because it's finished. Endless layer 2 solutions are a viable solution to an outdated blockchain. Sure.

>>24218316
I don’t understand you retards. DONT BUY THEN! WE DONT CARE! BUY MORE STOCKS GRANDPA

>>24218384
he >>24218316
doesn't speak against crypto in general, but is a proponent of the flibbening

>>24218156
(((they))) will always win....

heard plenty of the famous guys getting into $INJ, about to skyrocket into the moon!

Decentralization is the future and $INJ will help achieve this.

>>24218113
>>24218199

This means that it's not that Bitcoin has become a good investment in and of itself. It's become a good investment because other investments have now become bad investments. Bonds have been completely obliterated, they are now ruled out. The stock market is now at an ATH during a recession, if you didn't get in back in March, April, May, then you weren't paying attention. And if you think Bitcoin is risky and volatile, the stock market is more volatile than it's ever been and a 30% drop isn't out of the question. Real estate is at an ATH as well, go ahead and buy real estate if you can afford it.

This leaves us with gold. Well, you can invest in gold or you can invest in something that does everything that gold does except better. Not only that, Bitcoin isn't only a store of value, because it's digital it can be programmed to do things that we cannot foresee yet.

All of the pieces are in place, and now the capitulations begin. JPMorgan has done a 180, Citibank calls it at 300k, BlackRock says it's going to replace gold, Fidelity has begun shilling it, regulators are giving exchanges banking licenses and allowing them to hold it, ETF's are coming next year, money from gold ETF's are moving into Grayscale, Druckenmiller owns it and so does PTJ - these are arguably the two best investors in the world. Ray Dalio says "maybe I'm missing something". Every day there's another domino, and these are the guys that we know of. CBDC's are coming in the years ahead - this will put even more of the spotlight on Bitcoin. PayPal, Michael Saylor, Square.

I could keep going but I think this is enough.

>>24216852
Yea I may be a complete idiot when it comes to trading, but the one thing I've learned is to never by when everything is green. The bogs will dump just to get my 100 dollars..

>>24218234
If you thought that BTC was "private monopoly money for drug dealers" in fuckin' 2017 you're a late adopting Boomer/Gen-X retard beyond salvation, and now you're generating Euphoria. Thanks for the sell signal, friend.

>>24218771
I took one look at the print rate coming out of the fed res and said fuck no, I ain't holding cash. BTC and co are just another tool now

>>24218298
Kek

>>24216852
can you stop being retarded and let the cycle happen? it is how its supposed to be, it will go up people who invested early and are in huge profit will hold, new fomoers will join, then it will all crash down, people with huge profit are gonna be depressed that they were too greedy and will sell next run, retarded fomoers will capitulate. It's how it always has been you literally can't change human nature, so stop trying and let the cycle take its natural path

>>24218316
It's one of the hardest things to, to invest when there's already been a run up. And there's good reason for that, oscillation is natural. But this isn't a shitcoin. This is like investing in Google 10 years ago, people think "how much further up could it possibly go?" They wait for the crash. Forever.

Only this isn't like investing in Google 10 years ago. It's like investing in Google pre-IPO. You're getting in BEFORE the institutions. Retail is being allowed to frontrun something for the first time in human history. Retail doesn't shape the market, institutional wealth does, and it's coming. Also, Millenial's don't buy gold, they do buy crypto. Millenial's only hold 5% of the wealth. The incoming wealth transfer from the boomers to Millenials will be the greatest wealth transfer in history, if you don't think Bitcoin will be affected by it, or will still be crabbing at 20k or less, then you are completely ignorant or obtuse.

If you believe Bitcoin will eventually replace gold someday, then we are looking at a 35x from here. Why would it stop there when it does everything gold does but better AND it's digital, has solved trustlessness, is borderless, sleepless. This thing doesn't have any brakes.

So, to say you're not going to invest now is absurd. You have an asset that's already MASSIVELY undervalued. MASSIVELY. And you want it to dip or crash so it becomes ABSURDLY undervalued. Maybe, or maybe you'll be waiting a while.

>>24218917
It's not what I thought, it's what everyone else thought. Truly understanding Bitcoin in 2017 was being in the overwhelmingly minute infinitesimally tiny micro-fraction of society.

>>24219327
It's like investing in the first generation iPhone 10 years later. You're not investing in Microsoft, you're investing in the product.

>>24219327
I'm also not waiting for Bitcoin to become undervalued. I'm waiting for my coins to be properly valued. Bitcoin is just a store of wealth. I have some, but I'm far from a maxie.

>>24220091
You seem to think that Bitcoin needs a bunch of work done on its code. Bitcoins code being stubbornly difficult to alter isn't a bug, it's a feature. It's why Bitcoin ate up everything else in the space even though everything else has had a chance to learn from it and adapt.

And you had the opportunity to see that scenario play out it was called BCH, or BSV. They are faster, cheaper solutions. They are also less secure. There was a trade off and Bitcoin refused to do it. In hindsight it was genius. Roger Ver said that BCH is 20 times faster than BTC. Who gives a shit, VISA is 10 million times faster than BCH.

I highly suggest listening to Michael Saylor on this point.

>>24217910

Very agreed. Good man. Based. Redpilled. Articulate.

Putting €1.5k into btc right now

Am i retarded?

seethe

>>24220502

I put 45k in a week ago

>>24220570
Im poor slav. I dont have such amount of money unfortunately.

Goverment here is printing money on a fed level, except out currency Is no dollar. I except massive inflation. I was told from multiple stock traders i know well that they think stock market crash next year.

I do not know where to put cash so i choosed crypto

>>24220717
good choosed

>>24216852
Imagine being a spineless kissless virgin after your 15th year, kys

>>24219327
Problem is that before google, there were other search engines and they were replaced by google. Same thing can happen to bitcoin. Someone can create a newer better one and within a year bitcoin will be another chink shitcoin. Think it can't happen? Think the govt can't come up with their own coin and penalty of imprisonment owning other ones? And do you think institutions are going to buy into a system were some 17 yo Ukrainian kid can steal your shit and people will say 'oh well...shoulda put it in a trezor old man...that'll learn ya'?
Eventually a legal challenge will occur in the US or Eurozone as to the legitimacy of Tether and that'll settle that.
For every Chainlink that 'solves the oracle problem' theres many many Req, DBC, SALT, etc that rob you of your wealth.
DON'T fall in love with this shit because the upcoming fall is going to be brutal.

>>24221001
These points have all been addressed, and I think you'd be surprised. Listen to Michael Saylor, he's very convincing on the subject. Good luck.

>>24220502
>>24220570
based retards

>>24221001
Enough with the IQ analysis anon. I have £1000, do I buy BTC or should I just fucking neck myself for buying ADA instead of BTC back in March-April?

>>24222062
Look at historical cycles. Alts in general dont rocket until after bitcoin stabilizes above its all time high.

HAHAHA I BOUGHT IN ON XRP AT 45ct DUE TO SEVERE FOMO AND I STILL MADE GAINS GET FUCKED OP