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/biz/ - Business & Finance


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25014038 No.25014038 [Reply] [Original]

Not gonna lie, I bought the top like a fool because I was worried I would get priced out. Put in more than I should've because I felt like gambling a bit and everything was moving up. Where are we headed now? Do I cut my losses down 10%? I know right when I sell it will bounce back to $24k, but I don't think I can afford btc to hit $20k or lower (I can survive a 10% downturn, it just wiped out about 3 months of work). I'm sick to my stomach.

>> No.25014074

>>25014038
If you don't get out now you'll be bagholding for 3 years

>> No.25014083

>>25014038
Keep holding bro, this is just panic. The stimulus will pump btc to 25k easily.

>> No.25014143

>>25014074
>>25014083
goddammit anons, which one of you have been doing this longer?

>> No.25014211

>>25014143
Both of us are shills, welcome to biz.

>> No.25014268

>>25014143
Do not be afraid, there is no reason to think it will crash now. Check the charts, we’ve seen bigger dips as early as November. You just have to learn to let go of your fears and enjoy the ride.

>> No.25014301

>>25014038
keep calm anon. This is a momentary bump because of new Covid news from UK.
Even if it dumps, it will be like March all over again

>> No.25014314

>>25014038
You have to have a long term perspective when buying and holding bitcoin. Just look at the chart

>> No.25014322

>>25014038
It depends. If we're in Dec 16, then January will be the low. If we're in Dec 17 then... Yeah, it'll be a while

>> No.25014325

>>25014301
God if only

>> No.25015004

>>25014325
All the news is just negativity after negativity
But the reality is that we have enough data now to know that this shit isn't really a problem for young people. At most you'll feel like shit for two weeks, but no one is dying.

Politicians might be turds but the money is always smarter. And they know that people know it's a meme virus

>> No.25015081

>>25014038
>I know right when I sell it will bounce back to $24k
Please sell so we can moon to 30k. Don't be difficult.

>> No.25015240
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25015240

>>25015081
Actually, this guy may be on to something. Sell your stack OP.

>> No.25015294

>>25015004
The recovery was priced in, this new strain is more contagious and will need a new vax with more testing. Down we go

>> No.25015326

>>25014143
Depends on how long you plan to hold. It could go anywhere from 17k to 30k in the next few months. If you hold for over a hear I believe you’ll be up.

>> No.25015474

>be retarded
>call for lockdowns
>virus still go up
>can’t lockdown anymore
>go full retard
>lockdown supplies
>virus still go up
>start shooting people
>virus go down
>>plot twist: cuz all the lab techs are dead and can’t run the fake pcr tests

Beast mode: boris Johnson gets re-elected

Hell mode: left over retards chant god save the queen cuz they thought she actually did something

>> No.25015489

>>25015294
>this new strain is more contagious and will need a new vax with more testing
I don't think that's how it works.

There's so far no expected change to the efficiency of the vaccines. It is fundamentally about teaching your immune system to recognise the virus.

>> No.25015587

>>25015489
>teaching your immune system
That's how classic vaccines work, but that's not how the Pfizer "vaccine" works.

>> No.25015680

>>25014038
Lol fuck off faggot

>> No.25015717
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25015717

>>25014038
we go to 17k

>> No.25015862

>>25015294
it could be so contagious that it affects everyone in the world but it still wouldn't change the fact that it's not really deadly. Outside of legit retards, normal people know that

>> No.25015921

Are u on leverage or just literally a pussy bitch?

If it's not leverage don't sell you idiot timing the time to get back it's harder than just holding now, if u didn't sell already you're too late.
Fasten your seatbelt for as low as 16k before we resume steadily past 30k.

Don't be such a pussy this guy legit gonna get shaken out on the first drop Jesus, let this be a lesson to you.

>> No.25015991
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25015991

>>25014038
I have a feeling like this is an intentional dump for hedge funds to get in the action. I'm long on this shit but crypto is going to get even more cucked than when the alphabet agencies got involved.

>> No.25015998

>>25014038
>>25014143
OP, never ever put more than you should just because you feel like gambling. That's full retard.

This is important: did you use leverage, and how much?

>> No.25016131

It is going to go back up anyways youd have to be a retard to sell now

>> No.25016311

>>25015587
Yea this thing teaches your body to produce viral proteins and then your body is supposed to attack what it just produced

And I'm getting this shit under my skin in 7 days... Shit

>> No.25016408

>>25016311
Why? Even US military it's optional but "strongly encouraged".

>> No.25017043

imagine thinking this is the top

>> No.25017342

>>25014038
>>25015998
This is why we really need to strongly stress to every newfag that they have an emergency fund before investing.
We'd have a lot less panic posts like this if biz stopped acting like emergency funds are for Boomers.

>> No.25017428

>>25017342
I stress it all the time but most people on /biz/ are degenerate debt-slaves looking to gamble, so nobody listens. Nobody wants to save for 6 months to actually have emergency money. Everybody wants to ape into pajeet shilled shitcoins.

What we really need is a sticky like /fit/ or /lit/, a guide for newfags, rather than warnings not to break the rules. If janitors would just delete spam/begging requests and mods did a few public bans, it would sort itself out.

>> No.25017575

>>25014143
Bruh, seriously chill out. Most of these anons don't know what they're talking about. I've been in crypto since bitcoin was $1000.... First of all, this is probably only a LITTLE correction. We're probably going to go to 30k before there's any significant correction, but either way, I HIGHLY doubt bitcoin will go much lower than 20k ever again. But even if it did, all you have to do is wait a year, and BTC is going to go to AT LEAST 200k, probably higher. The stock-to-flow model shows this exactly, and major hedgefunds are now saying the same thing. Just calm down, and hodl for a year and we're all gonna make it.

>> No.25017624

>>25014038
Isn't Monday generally a dump day?

>> No.25017668
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25017668

>>25014038
Just hold faggot, if you’re emotional you’ll sell the bottom or a small pump anyway , forget about your coins for at least 12 months