/biz/ - Business & Finance

>>24442441
yes, buy in
no, its not going to 100k

>>24442441
whales* lool

>>24442441
Buy now idiot

>>24442454
what is it going to mr magic man!?

>>24442441
Why would you buy now? Why didn't you buy ay 3-5k like the rest of us? You aren't a normal faggot are you?

>>24442483
30k

>>24442504
not even worth it then desu

>>24442441
Once it breaches 20k it will fucking soar. It will of course go back down again at some point because that's what the market does.

>>24442540
then buy into xrp

>>24442540
hahahah is this how retarded normies are? 50%+ not worth it? You're going to buy in at 50 believe me.

>>24442441
Does this look like a good time to buy?

>>24442441
Buy at 10k

>>24442441
yes you should buy. this shit is gonna oump to 50k easily one we break 20k, which is going to happen sooner rather than later.

>>24442685
If I had $20K lying around to invest in bitcoin I would agree but I don't have nearly that much, even investing $1k would be a large financial risk for me and the reward would only be $500? It's just not worth it. If you told me its going to 100k on the other hand.....

comprende?

>>24442687

>>24442794
> wants reward without risk

ngmi

>>24442687
thats why im asking u xD I dont want to be an absolute fool and buy the peak like the boomers did back in 2017. but there's a part of me that genuinely believes that its going to 50k+

never ever buy parabolic pumps. buy the correction.
you had a correction recently down to 16k, you will get another one. It might or might not get to 100k nobody knows, but it will for sure have more corrections on it's way to 5k or 100k or wherever else its going.

>>24442794
It's not really a financial risk. It's a halving year. It has historically gone up 10-20x during supply shifts. You're still early is usually a meme, but in this case, you're early in the cycle.

>>24442455
ילד הומו

>>24442441
Depends on your situation. Are you young? If you're < 30 you can take the risk. I'm 22 with 11k in equities, 12k in crypto. 500 cash.

>>24442925
21, most I could probs risk is $1.5k

>>24442504
What an absolutely brainlet opinion

>>24442975
to be honest don't waste your time investing. at this age should be building skills people will pay your for. i'd recommend saving that money and learning to code, uni or something.

>>24442999
im in my last year of uni for computer science but yeh

>>24442794
Anyone buying btc over $20 is an idiot and can't believe there are some fools. I got in at average buy $11 and will never buy above $20

>>24443009
watch this

https://www.youtube.com/watch?v=NABQKu3OX6U

>>24442441
It wont ever go to 100k, that is the same retardness as "Link 1k EOY" and "XRP 2k EOY", not to mention pathetic shitcoins shilled like "STA $10 EOY", it may realistiically go to somewhere between 30 and 40k though, evn higher, if the bullrun continues. In that case I would not invest in BTC but in some of the larger alts, like ETH, LTC, LINK, XRP, XLM, ADA, because they have much more room for growth. Some could unironically do a x5 or more.

>>24443078
fair enough.

>>24443015
This but unironically

>>24442904
Okay look at the graph, what happens after every big green candle? There's your answer

>>24443056
this seems like a bait and switch to keep people out of investing just so others can profit

>>24443056
but just 2 years ago linkies turned little money into a lot

>>24443056
>100 hours researching to invest in 1 share
wtf? do people really do this

>>24443142
investing or speculating? the best investors in the world make 8%? these people have way more information than you, connections, capital etc. Invest yes but expect 8% IF YOUR LUCKY. Crypto is SPECULATION, don't expect linky returns every year. His advice is to try to get a skill in demand that you can command a good amount of money for or start a business with your koding skills, very sound.

>>24443226
although warren buffet did say if he was only commanding < 1mill capital he could get 50% returns, probably a lot to do with connections, information etc. tho

>>24442794
Go play with shitcoins then, when BTC finally decides to calm the fuck down you will be able to get your 2-10 x on random ass alts and microcaps. buying BTC now is for the normies, who have no idea what is going on and have not watched BTC climb with practically no resistance up until now.

>>24443226
>8%
>invest 1 mil
>make 80k a year
yikes dude that doesnt sound worth it at all

>>24442441
I sold half of everything I had. I expect a pullback after it breaches 20k

>>24443269
Bitcoin is in a halving season. It's the start of a parabola. Financial institutions are the ones interested in it currently. Supply is dwindling, which creates upward price pressure and more demand.

>>24443226
THIS, it never fails to amaze me how people expect to make it without any stable income. This is why investing is for the rich, you first get yourself in a position where the money is not an issue and then start chucking money into investments.

>>24443366
REPEAT AFTER ME

INSITUTIONS
DONT
BUY
THE
TOP

>>24443383
unless they know where the next top is.

it will hit some crazy numbers but i don't think 100k. But i am fully preparing for the dump that will follow, hedging with $BASE. Cant afford to lose all my dads savings to fucking Bitcoin

>>24443374
99% of the time this is true but every once in a while something comes a long where theres a bag of cash staring u in the face. the dot com boom. buying a house in the 50's. buying bitcoin before 2017. etc. is this another one? idk. Could be though. im not trying to be a day trader either way.

>>24443366
Okay, so you are telling me that, big financial institutions watched MicroStrategy make nearly half a billion dollars from their BTC investment. and are now looking to buy their bags?

>>24443460
non of these investments are staring you in the face, only after it would of been a good investment. See Hindsight bias.

>>24442794
Paper trade futures for a month and then try it with 50$ positions each, max. leverage. Stay away from
shorts as a beginner, stay away from ATH. Ofc no financial advice, your decisions.

welp. guess my scepticism and hesitation has paid off. shits dumping now lol.

>>24442794
>>24442999
>>24443009
>>24443226
All this. If $1k is a huge financial risk, don't get into crypto, hell, don't get into investing, period. Work on improving your skillset (in CS, databases are eternally useful, AWS and Docker is hot right now but who knows by the time you graduate), work on building an emergency fund, then start investing.
You're going to find a lot of people here that have survivor bias from having made it in either the BTC or LINK moon missions of recent years, when 100x lost it all from betting on some shit coin and went to zero n

>>24444002
It all depends on the time frame you're looking to invest in it for. If you want to cash out end of month? No, bad time
If you are waiting to hold long term for the potential 50k or more, then what difference does it make if you get it at 19k or 17k?

>>24443268
Buffet is in a unique situation, where any move he makes literally moves markets and prices him out of the rare positions he's looking for as soon as he starts buying. Read The Intelligent Investor.

>>24442904
>thats why im asking u xD
I fucking hate you. I hope you buy the top and then sell the bottom and lose all your fucking money.